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Levi Strauss & Co. launches initiative to boost renewable energy in India
Yahoo Finance· 2025-09-29 11:06
Core Insights - Levi Strauss & Co. (LS&Co.) has partnered with Schneider Electric to enhance access to renewable electricity in its supply chain, starting in India [1] - The initiative aims to align renewable electricity supply with the demand from suppliers seeking to reduce emissions and improve resilience [1][2] Sustainability Goals - LS&Co. targets a 42% reduction in supply chain emissions by 2030 from a 2022 baseline, as part of its long-term goal to achieve net-zero greenhouse gas emissions by 2050 [3] - The program is designed to support suppliers in their sustainability strategies while fulfilling LS&Co.'s own emissions reduction targets [3] LEAP Program Details - The LEAP initiative will provide suppliers with competitive pricing, terms, and return on investment for renewable energy procurement [4] - The program includes training modules, financial analysis, and access to Schneider Electric's advisory services for textile and apparel manufacturing suppliers in India [5] Expansion Plans - Initially, LEAP will focus on textile and apparel manufacturing suppliers in India, with plans to expand to other business partners and regions in the future [6] - Suppliers participating in LEAP can explore various renewable energy purchasing options, including on-site solar and power purchase agreements (PPAs) [6] Industry Support - India's Ministry of New and Renewable Energy has expressed support for LS&Co.'s initiative, highlighting the benefits of accessible renewable energy opportunities for businesses [7] - Schneider Electric emphasizes the importance of transitioning to renewable energy across global supply chains to achieve significant climate impact [7]
VGP Announces Sustainability Milestones With Highest Industrial New Construction Breeam Score Ever Globally
Globenewswire· 2025-09-29 08:45
Core Insights - VGP has achieved significant sustainability milestones, including the highest BREEAM score globally for an industrial building, reflecting its commitment to high-quality environmental standards and responsible development [1][7]. Group 1: Sustainability Achievements - Building B in VGP Park Arad, Romania, received a BREEAM Outstanding certificate with a score of 96.3%, the highest for any industrial building globally [2][7]. - VGP Park Legnano in Italy became the first building across all use categories in Italy to achieve the BREEAM Outstanding certificate, featuring a 1 MWp solar system and energy-efficient systems [5][7]. - In the first half of 2025, 50% of VGP's delivered buildings were certified BREEAM Outstanding, demonstrating a strategic focus on sustainability [6][7]. Group 2: Project Features - Building B includes 21,000 m² of manufacturing space and modern offices, with a focus on user wellbeing through optimized thermal and acoustic conditions [3][4]. - VGP Park Legnano features 22,000 m² of leasable space, a green façade, and landscaped areas, promoting sustainable land use on a regenerated urban site [5][7]. Group 3: Company Overview - VGP operates as a pan-European developer and manager of logistics and semi-industrial properties, with a gross asset value of €5.4 billion and a net asset value of €2.6 billion as of June 2025 [9]. - The company employs around 380 full-time staff across 18 European countries and has a fully integrated business model with extensive expertise [9].
X @Bloomberg
Bloomberg· 2025-09-29 03:18
China has slashed its annual output growth target for key non-ferrous metals over 2025 and 2026, underscoring a policy shift from volume expansion to efficiency and sustainability https://t.co/8nih8xqHtN ...
Chevron Corporation (CVX) Expands Eastern Mediterranean Reach with Greek Offshore Gas Bid
Yahoo Finance· 2025-09-28 22:52
Core Insights - Chevron Corporation is recognized as one of the most undervalued stocks in the Dow, focusing on growth and diversification while balancing traditional energy production with lower-carbon investments [1] Group 1: Strategic Initiatives - Chevron submitted a bid to explore natural gas in four offshore blocks near Greece, expanding its presence in the Eastern Mediterranean, which is known for its natural gas reserves [2] - The project aligns with Greece's energy independence goals and Chevron's strategy to promote natural gas as a transitional fuel in the shift towards cleaner energy [2] Group 2: Financial Performance - The second-quarter results showed record oil and gas output, alongside advancements in renewable fuels, lithium, hydrogen, and carbon capture projects, reflecting the company's commitment to balancing profitability with sustainability [3] - Chevron maintains steady shareholder returns, with a recent quarterly dividend of $1.71 per share, yielding 4.3% [4] Group 3: Market Position and Future Outlook - Analysts currently rate Chevron as a "Moderate Buy," indicating moderate upside potential as the company navigates energy market volatility and integrates major acquisitions [4] - The ongoing integration of Hess Corporation is expected to impact Q3 earnings negatively by $200–$400 million but is projected to contribute to long-term growth [5] - Chevron is focusing on international partnerships, particularly strengthening ties with Argentina in line with U.S. policy priorities [5]
X @Forbes
Forbes· 2025-09-28 13:49
“We are the most intellectual species to walk the planet, but we’re not intelligent. If you’re intelligent you don’t destroy your only home.”Dr. Jane Goodall, DBE, founder of @JaneGoodallInst and UN Messenger of Peace, spoke at the 2025 #ForbesSustainabilityLeaders Summit. https://t.co/tUKQdPFbXw ...
The Airlines News You Might've Missed — 4th Week of Sep. 2025
UpgradedPoints.com· 2025-09-27 16:59
Airport Developments - San Diego International Airport opened its new Terminal 1 on September 23, replacing the old terminal built in 1967, which struggled with high travel demand [2][3] - The new terminal features 69 check-in kiosks, 19 gates, and 13 security lanes, with plans for further expansion to 30 gates by 2028 [3] Airline Innovations - Fiji Airways has decided to eliminate traditional business class amenity kits, opting instead for a selection of items offered by cabin crew, aiming to reduce waste and costs [7][8] - LATAM Airlines confirmed an order for up to 74 Embraer E195-E2 aircraft, valued at $2.1 billion, with the first 24 deliveries scheduled for 2026, enhancing its South American route network [9][10][13] Digital Transformation - Ryanair will eliminate physical boarding passes and check-in desks starting November 12, 2025, transitioning to a fully digital boarding pass system via the myRyanair app [14][15] - This move aims to create a faster and more environmentally friendly travel experience, although it may impact passengers without smartphones [15] Customer Experience Enhancements - Lufthansa is investing approximately $19.8 million in its new onboard service product, FOX, which will enhance passenger control over their in-flight experience, starting in spring 2026 [17][20] - Changes include an increase in meal choices and dine-on-demand options in business class, reflecting a trend towards personalized travel experiences [20] Route Expansion - Air Canada is adding Dublin as a new destination for its A321XLR aircraft, with additional routes planned for Toulouse, Palma de Mallorca, and Edinburgh between 2026 and 2028 [21][22][23]
Yum China Reshapes Board With Focus on Sustainability
Yahoo Finance· 2025-09-27 00:58
Yum China Holdings, Inc. (NYSE:YUMC) is among the best low-risk stocks to buy now. Yum China Holdings, Inc. (NYSE:YUMC) has updated its board structure, outlining the roles and responsibilities of each member. The composition of the board now includes executive, non-executive, and independent directors, with each committee specializing in not only audit and compensation, but also food safety and sustainability. Highlighting the company’s strong corporate governance, this announcement means that Yum China ...
Here's Why Investors Should Bet on LATAM Airlines Stock Now
ZACKS· 2025-09-26 19:21
Core Viewpoint - LATAM Airlines Group (LTM) is experiencing strong demand and operational efficiency, leading to impressive share performance, making it an attractive investment opportunity [1] Factors Favoring LTM Stock - The Zacks Consensus Estimate for earnings per share (EPS) has been revised upward by 12.23% for the current year and 11.2% for 2026, indicating broker confidence [2] - LTM shares have surged 59.7% over the past year, significantly outperforming the Zacks Transportation – Airline industry's growth of 3.5% [3] Earnings Performance - LATAM Airlines has a mixed earnings surprise history, with earnings exceeding the Zacks Consensus Estimate in two of the last four quarters, meeting once, and missing once, resulting in an average surprise of 4.04% [5] - LTM currently holds a Zacks Rank 1 (Strong Buy) [5] Industry Context - The airline industry has a Zacks Industry Rank of 76 out of 246, placing it in the top 31%, which is crucial as stock price movements are often influenced by industry performance [6] Growth Factors - LATAM Airlines benefits from strong operational efficiency and demand, with a 9.4% increase in consolidated capacity in August 2025, driven by a 12% rise in international operations, and a 9.1% increase in passenger traffic [7] - The airline transported nearly 7.7 million passengers in August 2025, reflecting a 9.1% increase from August 2024 [8] Customer Experience Enhancements - LATAM Airlines is enhancing customer experience with initiatives such as the launch of South America's first Premium Business suites and fleet-wide Wi-Fi starting in 2026 [8] - The airline has maintained a strong Net Promoter Score (NPS) of 56, rising to 60 among premium travelers, and has received nine Skytrax awards, including Best Airline in South America for six consecutive years [9] Sustainability Efforts - LATAM Airlines is committed to sustainability, implementing fuel-saving APM software and expanding its Avión Solidario program, reinforcing its focus on efficiency and social responsibility [9]
Final call for entries: Leasing Life Awards 2025
Yahoo Finance· 2025-09-26 14:09
Core Points - The 22nd Leasing Life Awards will take place on 20 November 2025 at the Hotel Adlon Kempinski in Berlin, with nominations closing on 30 September 2025 at 5pm GMT [1][2] Group 1: Event Details - The awards will follow the annual Leasing Life Conference, themed "Transforming the Future of Leasing," aimed at discussing regulatory changes, technology adoption, and strategic developments in equipment finance and leasing [2] - Last year's conference attracted representatives from various organizations, providing networking opportunities during the evening awards ceremony, which includes a drinks reception and a 3-course dinner [3] Group 2: Award Categories - The awards feature multiple categories, including Best Sustainability Initiative of the Year, Circular Economy Model of the Year, Digital Innovation of the Year (Asset Finance), Digital Innovation of the Year (ESG), Distribution Channel Management Champion, Energy Transition Financing Programme, European Lessor of the Year, Professional Services Provider, SME Champion, Vendor Finance Provider of the Year, and Young Professional of the Year [4]