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Apache Corporation Tree Grant Program Announces 2025 Recipients
Globenewswire· 2025-08-28 15:39
This season marks the 20th anniversary of the Apache Tree Grant ProgramHOUSTON, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the donation of more than 16,000 trees to nonprofit partner organizations and government agencies through the annual U.S. Apache Tree Grant Program. The program is a highly impactful stewardship initiative that aims to give back to the communities in which the company operates. Since the program’s inaugural season ...
PepsiCo Reports 2024 Progress Against PepsiCo Positive (pep+) Sustainability and Nutrition Goals
Prnewswire· 2025-08-28 13:00
Core Viewpoint - PepsiCo has made significant progress in its sustainability and nutrition goals as part of its pep+ (PepsiCo Positive) initiative, demonstrating a commitment to embedding sustainability into its business operations [1][3][4]. Group 1: Sustainability Goals - The company has spread the adoption of regenerative agriculture, restorative, or protective practices across 3.5 million acres, equivalent to more than two million American football fields [2][5]. - PepsiCo sourced 89% of its global electricity needs for company-owned operations from renewable sources, reducing Scope 1 and 2 greenhouse gas emissions by 18% compared to its 2022 baseline [12]. - The company replenished approximately 24 billion liters of water back into local watersheds, equivalent to 9,600 Olympic-sized pools, and has helped over 96 million people gain access to safe water since 2006 [5][12]. Group 2: Nutrition Achievements - PepsiCo achieved two nutritional goals ahead of schedule, with 67% of its beverage portfolio containing fewer than 100 calories from added sugars per 12 oz. serving and 77% of its convenient foods portfolio volume not exceeding 1.3 milligrams of sodium per calorie [5][12]. Group 3: Future Goals - The company aims to drive regenerative agriculture practices across 10 million acres by 2030, roughly the size of Switzerland [6]. - PepsiCo's pep+ initiative is described as an ongoing transformation that integrates sustainability into all aspects of the business, aiming for long-term resilience and value creation [3][9].
Sibanye Stillwater (SBSW) - 2025 H1 - Earnings Call Transcript
2025-08-28 13:00
Financial Data and Key Metrics Changes - Group adjusted EBITDA increased by 120% compared to the same period in 2024, reaching ZAR 10 billion, and even excluding the 45X credits, it was still 51% higher [5][6] - Net debt to adjusted EBITDA ratio improved to 0.89 times, significantly below the market's earlier projections [6] - The total fair value of 45X credits is projected to increase to ZAR 12.6 billion by 2034, representing 32% of the acquisition value of the Stillwater operations [7] Business Line Data and Key Metrics Changes - South African PGM operations produced 840,400 ounces, a 4% decrease year-on-year, with underground operations consistent at 750,000 ounces [59] - South African gold operations saw a 36% increase in average gold price received, reaching slightly more than ZAR 1.8 million per kilogram, while adjusted EBITDA increased by 118% to ZAR 4.8 billion [65][66] - U.S. PGM operations produced 141,000 ounces at an all-in sustaining cost of $1,207 per ounce, reflecting a 41% decrease in costs compared to pre-restructuring [74] Market Data and Key Metrics Changes - Gold prices increased by 26% in the first half of the year, with average trading volumes reaching $329 billion per day, the highest for any half-year period on record [48] - PGM prices have rallied due to tight supply, with platinum prices outperforming driven by lower mine supplies [49] - Lithium market remains oversupplied, with average prices just over $9,000 per ton, affecting profitability for a third of lithium supply [56] Company Strategy and Development Direction - The company is focused on commodity diversification, particularly in gold and lithium, to stabilize earnings during volatile market cycles [25] - A multipolarity strategy is being implemented to enhance local supply of critical minerals, including a petition for a palladium trade remedy [8][26] - The company is investing in brownfield projects with low capital intensity to improve competitiveness and efficiency [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's increasing earnings trend and decreasing leverage, indicating a positive outlook for future performance [9] - The company acknowledges the challenges posed by geopolitical tensions and tariff impacts on market demand, particularly in the U.S. [46] - Future growth is anticipated in the PGM and lithium markets, despite current pressures, with a focus on sustainable practices and stakeholder engagement [30][57] Other Important Information - The company has launched a petition against unwrought palladium imports from Russia, addressing unfair trade practices [78] - The acquisition of Metalex is expected to enhance the company's recycling footprint and contribute to earnings [43] - The company is assessing the Burnstone project for potential future development [29] Q&A Session Summary Question: What is the outlook for dividend payments? - The company has decided not to pay dividends at the interim stage but will review this at year-end, with confidence in returning to dividend-paying territory if commodity prices remain stable [41] Question: How is the company addressing safety concerns? - The company reported three fatalities during the reporting period but noted improvements in safety frequency rates and a commitment to eliminating fatal incidents [21][22] Question: What are the expectations for the lithium market? - The lithium market is currently oversupplied, but the company remains bullish on long-term demand driven by electrification, forecasting a healthy CAGR for battery electric vehicle production [57]
Sibanye Stillwater (SBSW) - 2025 H1 - Earnings Call Presentation
2025-08-28 12:00
Enhancing financial resilience through safe production Operating and financial results for the six months ended 30 June 2025 (H1 2025) Disclaimer FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this presentation may be forward-looking statements. Forward-looking statements may be identif ...
Perseus Mining Delivers Record Financial Results and Capital Returns
Globenewswire· 2025-08-27 22:40
Core Viewpoint - Perseus Mining Limited has reported record financial results for the fiscal year ending June 30, 2025, driven by elevated gold prices and strong operational performance, leading to increased capital returns to shareholders through dividends and share buybacks [6][7]. Financial Performance - Profit after tax (PAT) reached US$421.7 million (A$651.0 million), a 16% increase from the previous year [4]. - Revenue increased by 22% to US$1.248 billion (A$1.927 billion) [4]. - EBITDA rose by 18% to US$740.3 million (A$1,142.8 million) [4]. - Basic earnings per share (EPS) increased by 14% to US$0.270 (A$0.417), resulting in a P/E ratio of 8.8 [4]. - Operating cash flow was US$536.7 million (A$828.4 million), a 25% increase, equating to US$0.391 (A$0.604) per share [4]. - Net tangible assets (NTA) amounted to US$1.9 billion (A$2.9 billion), or US$1.40 (A$2.14) per share, a 52% increase from the previous year [13]. Capital Returns - A final dividend of A$0.05 per share was declared, bringing the total dividend for FY25 to A$0.075 per share, a 50% increase from FY24 [4][7]. - The company plans to invest up to A$100 million in a share buyback program over the next 12 months [4][15]. Sustainability Performance - The company contributed approximately US$813 million to host countries, including Tanzania and Sudan, with 94% local employment and 88% local procurement [5]. - Perseus reported a Total Recordable Injury Frequency Rate (TRIFR) of 0.60, a 43% improvement from FY24, indicating strong safety performance [23]. - Community contributions totaled US$5.6 million in Côte d'Ivoire and Ghana [5][24]. Outlook - Gold production and cost guidance for FY2026 remain unchanged, with expected production of 400,000 to 440,000 ounces and all-in site costs ranging from US$1,460 to US$1,620 per ounce [22].
NYU tests out an upcycle thrift shop where everything is free for students
NBC News· 2025-08-27 22:23
Sustainability Initiatives - NYU's Swap Shop program aims to help students save money and reduce waste by providing free, gently used items [1] - The program collected approximately 5,000 items from students and other locations [1] - The initiative diverts items from the waste cycle, reducing landfill waste and the environmental impact of manufacturing new products [2] - The program promotes reuse and reduces waste in a city with a high rate of change and disposal [3] Environmental Impact - The initiative addresses both landfill waste and the pollution generated by manufacturing new items [2] - The program emphasizes collective responsibility for sustainability, rather than individual burden [4] - The initiative aims to change individual decisions that contribute to waste accumulation by providing an easy alternative for reuse [5]
Echoes of the Past, Lessons for Tomorrow | Navita Arora Khanna | TEDxMall Road
TEDx Talks· 2025-08-27 16:33
Reflecting on a half jar of mango pickle, this talk explores ancestral wisdom, minimalism, and sustainability as deep life lessons. It urges us to preserve memories, values, and meaning in a fast-paced, consuming world Navita Arora Khanna is a globally recognized corporate trainer, TEDx and Josh Talks speaker, and a sought-after Clarity Coach known for transforming mindsets and unlocking human potential. With a rich professional journey as a former banker and a background in law, she brings a unique blend o ...
ENIGMATIG LTD-A(EGG) - 2025 H1 - Earnings Call Transcript
2025-08-27 14:02
Financial Data and Key Indicators Changes - The first half of 2025 marked the best operational performance in the company's history, with 59 million eggs sold, representing a 23% year-on-year growth [4] - Revenue surpassed €10 million, reflecting a 70% year-on-year growth [4] - Gross profit reached €4.3 million, showing a 183% increase [4] - EBITDA for the first half of the year was €3.5 million, indicating a 250% growth [5] - The net profit for the period was a record €1.7 million, a significant improvement from previous losses [25][26] Business Line Data and Key Indicators Changes - The company completed its investment phase, which included the inauguration of three new buildings, enhancing production capacity by 60% to produce up to 180 million eggs annually [9][10] - The new product line, VTech Squared, focused on premium egg white protein products, achieved a 32% repeat purchase rate, indicating strong market acceptance [12] Market Data and Key Indicators Changes - The total egg market in the Baltic states experienced growth, particularly in the bar and egg segment, with Lithuania leading at over 60% market share [15] - The company successfully reduced the share of industrial egg sales to 11%, aligning closely with natural production splits [18] - Export sales increased significantly, with income from exports rising almost three times compared to the previous period [22] Company Strategy and Development Direction - The company aims to strengthen its position as a market leader in cage-free production, with plans to become the first totally cage-free egg producer [33] - The strategy includes diversifying revenue streams, particularly through the VTech Squared product line, and expanding exports as a percentage of overall sales [45][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a revenue target of approximately €22.6 million for 2025, a 7% upward adjustment from previous guidance [28] - The completion of the investment phase is expected to support strong revenue growth in the second half of the year, with full operational capacity anticipated by September [30] - The shift towards cage-free production is seen as a tailwind for the company, with expectations of increased demand for higher welfare products [44] Other Important Information - The company has built its own solar park to help mitigate energy costs [39] - A shareholder loyalty program was approved, expected to launch around International Egg Day in early October [35][36] Q&A Session Summary Question: Will the shareholders' loyalty program include benefits for the FinTech Squared production? - Yes, the loyalty program was approved and will include attractive components for loyal customers, expected to launch within six to eight weeks [35] Question: What drove the 70% growth of the revenue in 2025? - The growth was driven by an increase in the number of eggs sold, higher market prices, and a shift in product mix towards retail clients [37] Question: Is gross profit margin improvement sustainable? - Yes, the gross margin improvement is expected to be sustainable due to the shift towards cage-free production and increased capacity [38] Question: How do you manage rising feed or energy costs? - Feed and energy costs are fixed for the maximum period possible, and the company has built a solar park to offset energy consumption [39] Question: Do you expect to raise any additional capital in 2025? - Current capacity expansion is fully funded, but additional capital may be raised for future development projects or acquisitions [41] Question: How do you see the cage-free transition affecting the APF? - The transition is viewed as a tailwind, with the company well-positioned to capture market share and premium pricing as cage-free becomes the industry standard [44] Question: What is your export strategy? - The strategy focuses on increasing exports as a percentage of overall sales, with significant growth in Lithuania and Estonia [45][46] Question: Are there any plans to distribute dividends in the future? - The dividend policy remains intact, with up to 50% of profits expected to be distributed based on the financial results of 2025 [59][60]
Casella Recognizes 2025 Sustainability Leaders
Globenewswire· 2025-08-27 13:39
Core Insights - Casella Waste Systems, Inc. has recognized four organizations for their leadership in sustainability through its annual Sustainability Leadership Awards [1][2] - The awards highlight the achievements of organizations that exemplify collaboration in reducing waste, increasing recycling, and advancing the circular economy [2][3] Group 1: Award Recipients - Primo Brands has integrated circular economy principles into its strategy, achieving a 90% recycling rate for fiber, metal, and plastic, and recycling 82% of 776 tons of decommissioned coolers [5] - Dartmouth College has partnered with Casella to address various material recovery challenges, including a student-led project that diverted textiles from landfills [5] - The Arc Otsego has been collaborating with Casella for over 25 years, focusing on sustainable practices and recycling hard-to-recycle materials [5] - The University of Vermont Medical Center has implemented waste reduction initiatives, diverting over 100 tons of surgical wrap and composting 165 tons of food waste [5] Group 2: Company Commitment - Casella Waste Systems emphasizes its commitment to economic and environmental sustainability for its employees, customers, and communities [4][6] - The company provides resource management services across various sectors, including solid waste collection, recycling, and organics services in the eastern United States [6]
Hengdian Group’s Apeloa Pharmaceutical uses Flow Chemistry for sustainable manufacturing
Globenewswire· 2025-08-27 09:53
Core Insights - Hengdian Group's pharmaceutical arm Apeloa is leveraging Flow Chemistry to enhance sustainability in the pharmaceutical industry [1][2] - Apeloa has invested over USD 20 million in its flow chemistry platform over the past decade, emphasizing energy efficiency and reduced emissions [2] - The flow chemistry market is projected to grow at a 10% CAGR, reaching USD 2.9 billion by 2028, driven by regulatory support and scientific advancements [4] Group 1: Flow Chemistry Advantages - Flow chemistry allows for continuous chemical reactions, improving process safety and sustainability compared to traditional batch processing [3][6] - The method utilizes compact tubular reactors, providing better control over temperature, pressure, and time, resulting in less waste and higher yields [6] - Apeloa's flow chemistry platform supports the entire drug development lifecycle, from early development to commercial manufacturing [9] Group 2: Technological Developments - Apeloa has refined its flow chemistry platform technologically and commercially over the last ten years, with expertise in various high-value reactions [7][8] - The company’s Boston site specializes in early-stage flow chemistry, while its Shanghai and Hengdian locations handle larger scale samples [7] - A recent white paper published by Apeloa showcases its capabilities in high-risk reactions, demonstrating significant improvements in yield and safety [8][10] Group 3: Specific Reaction Improvements - Azide and Hydrogenation processes have been optimized to achieve 10-minute cycle times compared to 12 hours in batch processing [10] - Nitration with Acetyle Nitrate has shown an 80% yield in just 3 minutes, significantly faster than the traditional method [10] - Fluorination processes can handle a capacity of 12,000 tons/year with yields exceeding 90%, surpassing commercial standards [10]