Sustainability

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Entrepreneurship, creativity, and environmental responsibility | Dr.Tyra Oseng-Rees | TEDxSwansea
TEDx Talks· 2025-07-22 16:55
Tyra explores the powerful intersection of sustainability and entrepreneurship, sharing her journey as a Welsh-based artist and innovator transforming waste glass into architectural masterpieces. Dr. Tyra Oseng-Rees, Founder and Director of Oseng-Rees Reflection Ltd, is a Welsh-based Norwegian artist and entrepreneur dedicated to sustainability and the circular economy. With a PhD in fused recycled glass material, her innovative work has garnered numerous accolades, including the Surface Design Award 2025. ...
The Last Generation | Anders Thomas Flood | TEDxPOWIIS Youth
TEDx Talks· 2025-07-22 16:41
Today's children will be the last generation to witness a healthy ocean. However, while it is too late to reverse the causes behind this grim reality, there is still time for us to act and reduce the harm greatly. Anders delivers us a message of hope - that the difference between life and death of the ocean lies in small acts that we can take to make a big difference! Having started diving at eight and certified as a Master Diver at 14, the ocean holds a special place in Anders Thomas Flood's heart. A stude ...
Minerals Technologies Inc. Releases 2024 Sustainability Report
Globenewswire· 2025-07-22 16:31
Core Insights - Minerals Technologies Inc. (MTI) achieved 11 out of 12 environmental targets a year ahead of schedule, demonstrating a strong commitment to sustainability [1][4] - The company reported a 14% reduction in Scope 1 emissions and a 10% reduction in Scope 2 emissions year over year, contributing to a 32% and 36% reduction since 2018, respectively [4] - MTI's new product portfolio is increasingly sustainable, with 66% of new products having a sustainable profile [1][4] Sustainability Achievements - MTI delivered world-class safety performance, with a total recordable injury rate of 0.77 and a lost workday injury rate of 0.15, as defined by OSHA [4] - The company reduced water usage by 4% year over year, achieving a 30% decrease since 2018, and decreased water discharge by 13% year over year, or 52% since 2018 [4] - Over 1.1 million metric tons of waste CO2 were extracted and sequestered in usable consumer products [4] Community Engagement - MTI's employees participated in various community engagement projects, including fundraisers, book donations, and environmental clean-ups [3] - The company emphasizes the importance of sustainable operations as a core aspect of its business strategy, benefiting both growth and environmental goals [2] Financial Performance - In 2024, MTI reported global sales of $2.1 billion, reflecting its strong market position and commitment to sustainability [5]
Spazio e sostenibilità: una sfida globale oltre l’atmosfera. | Pierluigi Di Lizia | TEDxSaronno
TEDx Talks· 2025-07-22 16:05
Space Debris & Satellite Operations - Over 34,000 artificial objects are orbiting the Earth, with only about 10,000 still operational [1] - The remaining objects are space debris, posing a risk to operational satellites [1] - Understanding satellite functionality and orbital mechanics is crucial for space preservation [1] Expertise & Research - Pierluigi, a professor at Politecnico di Milano, specializes in aerospace mechanics and satellite navigation [1] - He has extensive experience in monitoring space debris and ensuring the safety of space operations [1] - His research focuses on orbital determination, collision identification, and uncontrolled satellite re-entry analysis [1] Project Involvement & Collaboration - He has led research activities on space traffic monitoring within projects funded by various agencies, including the European Space Agency, the European Defence Agency, and the Italian Space Agency [1] - He is a delegate for the Italian Space Agency at the Inter Agency Debris Coordination Committee [1] - He is a member of the CapTech Space of the European Defence Agency [1]
Steel Dynamics(STLD) - 2025 Q2 - Earnings Call Transcript
2025-07-22 16:02
Financial Data and Key Metrics Changes - The company reported a net income of $299 million or $2.01 per diluted share for Q2 2025, with adjusted EBITDA of $533 million [13][19] - Revenue for Q2 2025 was $4.6 billion, exceeding the previous quarter due to higher realized pricing [13] - Operating income increased by 39% sequentially to $383 million, driven by steel metal spread expansion [14] Business Line Data and Key Metrics Changes - Steel operations generated operating income of $382 million in Q2, over 65% higher sequentially, despite a decline in flat rolled shipments [14][15] - Metal recycling operations reported operating income of $21 million, $4 million lower than the previous quarter due to lower ferrous pricing [15] - Steel fabrication achieved operating income of $93 million, lower than Q1 due to increased substrate costs [16] Market Data and Key Metrics Changes - The domestic steel industry operated at an estimated production utilization rate of 77%, while the company's mills operated at 85% [28] - Coated flat rolled steel volume and pricing compressed due to an inventory overhang related to imports [29] - The company is the largest North American metals recycler for ferrous and nonferrous metals, with ongoing growth in supplier relationships [15][27] Company Strategy and Development Direction - The company is focused on sustainability, with a target to reduce greenhouse gas emissions intensity by 15% by 2030 [21][22] - The aluminum operations are expected to ramp up production, with a projected EBITDA breakeven before the end of 2025 [18][45] - The company aims to leverage its competitive position in the aluminum market, which is experiencing a domestic supply deficit [39][41] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the steel demand and pricing dynamics, citing ongoing onshoring activities and infrastructure spending [35][47] - The company anticipates a significant increase in profitability for the aluminum operations in the second half of 2025 [18][90] - Management highlighted the importance of maintaining a strong safety culture and operational reliability [12][37] Other Important Information - The company repaid $400 million in senior notes and ended the quarter with liquidity of $1.9 billion [19] - Capital investments for the second half of 2025 are expected to be around $400 million, primarily for aluminum and biocarbon projects [19][20] - The company has a strong cash flow generation capability, with free cash flow increasing from an average of $540 million to $3 billion over the past five years [20] Q&A Session Summary Question: Insights on the aluminum business and utilization rates - Management confirmed that there is no material change in expectations for aluminum operations, with confidence in achieving EBITDA positivity in the second half of the year [54][57] Question: Sinton mill's EBITDA performance - Management did not disclose specific financial metrics for Sinton but indicated significant improvement compared to Q1, with expectations for further increases in the second half [60][62] Question: Market environment for aluminum ramp-up - Management noted a positive market environment for aluminum, with a growing supply deficit and strong customer interest [65][68] Question: Impact of tariffs on pig iron sourcing - Management clarified that their long products mills do not use pig iron, and they are monitoring the tariff situation closely [72][74] Question: Benefits of biocarbon - Biocarbon is expected to reduce carbon footprint by up to 35% and could potentially replace a significant portion of anthracite usage in steelmaking [83][84]
Steel Dynamics(STLD) - 2025 Q2 - Earnings Call Transcript
2025-07-22 16:00
Financial Data and Key Metrics Changes - The second quarter 2025 net income was $299 million, or $2.01 per diluted share, with adjusted EBITDA of $533 million [13] - Revenue for the second quarter 2025 was $4.6 billion, exceeding first quarter results due to higher realized deal pricing [13] - Operating income for the second quarter was $383 million, a 39% increase from the first quarter, driven by steel metal spread expansion [14] Business Line Data and Key Metrics Changes - Steel operations generated operating income of $382 million in the second quarter, over 65% higher sequentially due to an increase in average realized pricing [14] - Metal recycling operations reported operating income of $21 million, $4 million lower than the first quarter due to lower realized ferrous pricing [15] - Steel fabrication achieved operating income of $93 million, lower than the first quarter due to increased steel substrate costs [16] Market Data and Key Metrics Changes - Domestic steel industry operated at an estimated production utilization rate of 77%, while the company's steel mills operated at a higher rate of 85% [28] - Coated flat rolled steel volume and pricing compressed during the quarter due to an inventory overhang related to imports [29] - North American automotive production estimates for 2025 were revised downward, but the company's specific automotive customer base remained stable [32] Company Strategy and Development Direction - The company is focused on sustainability and has set emissions intensity targets aligned with the Paris Agreement [21] - The aluminum operations are expected to ramp up production, with a goal of achieving monthly EBITDA positive results before the end of 2025 [17] - The company aims to leverage its position as the largest North American metals recycler to enhance its competitive advantage [15][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving increased profitability in the third quarter, driven by higher volume and value-added product mix [92] - The company anticipates a meaningful positive shift in financial performance for the Sinton facility for the remainder of the year [37] - Management remains optimistic about steel demand and pricing dynamics, supported by ongoing onshoring activities and infrastructure spending [35] Other Important Information - The company repurchased $200 million of its common stock in the second quarter, representing over 1% of outstanding shares [19] - The company has a liquidity position of $1.9 billion, including cash and short-term investments [18] - The first biocarbon production facility is expected to begin production in the coming months, potentially reducing greenhouse gas emissions by 35% [22] Q&A Session Summary Question: Insights on aluminum business and EBITDA profitability - Management confirmed that there is no material change in expectations for aluminum operations achieving EBITDA positivity in the second half of the year [55][58] Question: Sinton mill's EBITDA generation - Management did not disclose specific EBITDA figures for Sinton but indicated significant improvement compared to the first quarter [61][62] Question: Market environment for aluminum ramp-up - Management noted a positive market environment with a growing supply deficit for aluminum, which is beneficial for the company [65][66] Question: Tariff exposure and pig iron sourcing - Management clarified that their long products mills do not use pig iron and emphasized their ability to manage supply chain challenges effectively [73][75] Question: Benefits of biocarbon - Management explained that biocarbon will allow for a reduction in carbon footprint and could potentially replace a portion of anthracite usage in steelmaking [84][86]
McLaren Racing announces Freshworks as an Official Partner of the McLaren Formula 1 Team
Globenewswire· 2025-07-22 15:05
Core Insights - Freshworks has announced a multi-year partnership with McLaren Racing, becoming an Official Partner of the McLaren Formula 1 Team [1] - The partnership involves the integration of Freshworks' ITSM solution, Freshservice, to enhance productivity and improve IT services within the McLaren team [1][2] Company Overview - Freshworks Inc. specializes in uncomplicated service software aimed at delivering exceptional customer and employee experiences, with over 73,000 companies relying on its solutions [8] - McLaren Racing, founded in 1963, has a rich history in motorsport, winning 21 Formula 1 world championships and competing across multiple racing series [5][6] Partnership Details - Freshservice will support McLaren's IT team by reducing tech-related issues, allowing the team to focus on performance during races [3][15] - Freshworks branding will be prominently displayed on McLaren's race cars and team kit for the remainder of the 2025 season, starting with the Belgian Grand Prix [3] Leadership Statements - Zak Brown, CEO of McLaren Racing, emphasized that improving efficiencies off the track is crucial for on-track performance, highlighting the value of the partnership with Freshworks [4] - Dennis Woodside, CEO of Freshworks, stated that the partnership aims to optimize McLaren's IT operations, enhancing their support for winning performance through AI-driven solutions [4]
DuPont Publishes 2025 Sustainability Report
Prnewswire· 2025-07-22 12:00
Report highlights strong progress on 2030 Sustainability Goals focused on value creation and risk reduction, with significant achievements on climate action WILMINGTON, Del., July 22, 2025 /PRNewswire/ -- DuPont (NYSE: DD) today published its 2025 Sustainability Report detailing the progress made toward achieving its 2030 Sustainability Goals. Set a new safest year on record for employees and contractors; 84% of manufacturing sites achieved zero injury performance. 55% reduction of total Scopes 1, 2, and 3 ...
O-I GLASS VALIDATES EARLY ACHIEVEMENT OF KEY SUSTAINABILITY GOALS, SETS SIGHTS ON PARIS-ALIGNED TARGETS
Globenewswire· 2025-07-22 11:15
Core Insights - O-I Glass has achieved its sustainability goals for renewable electricity and greenhouse gas emissions six years ahead of schedule, originally set for 2030 [1][2] - The company reached 51% renewable electricity usage globally, surpassing the 40% target, and reduced Scope 1 and 2 greenhouse gas emissions by 30%, exceeding the initial 25% reduction goal from the 2017 baseline [2][4] - O-I has announced enhanced sustainability goals for 2030, aligned with the Paris Agreement's 1.5°C pathway, reflecting its commitment to reducing environmental impact [3][4] Sustainability Achievements - The Total Recordable Incident Rate for O-I employees in 2024 was 1.48, marking a 48% decrease from 2019, indicating a focus on safety in building a sustainable business [4] - The company aims for a 47% reduction in greenhouse gas emissions and 80% use of renewable electricity by 2030, alongside a 60% average use of cullet (recycled glass) [7] Company Overview - O-I Glass, headquartered in Perrysburg, Ohio, is a leading producer of glass bottles and jars, achieving revenues of $6.5 billion in 2024 [6]
Taylor Morrison Details Corporate Responsibility Initiatives in Seventh Annual Sustainability and Belonging Report
Prnewswire· 2025-07-21 20:10
Core Insights - Taylor Morrison published its seventh annual Sustainability and Belonging Report, emphasizing its commitment to sustainable business practices and corporate responsibility [1][2] - The report introduces an online edition for enhanced interactivity and navigation [3] - The company conducted its first materiality assessment to identify key sustainability issues and climate-related risks, which will guide future strategies [3] Sustainability Initiatives - Taylor Morrison's disclosures align with standards from SASB, GRI, UN SDGs, and TCFD, showcasing its commitment to sustainability [4] - The company has achieved a 47% lower average home energy consumption compared to the HERS® benchmark, with an average home score of 53 [5] - The partnership with the National Wildlife Federation has led to the establishment of over 150 Certified Natural Open Spaces™ and the protection of over 9,200 acres of Certified Wildlife Habitat® [5] Corporate Governance and Community Engagement - The report highlights the company's focus on construction quality and climate resiliency, resulting in lower average insurance premiums for homeowners [5] - Taylor Morrison emphasizes inclusion, belonging, and equal opportunity within its workforce, ensuring team members are equipped to serve a diverse consumer base [5] - The company has been recognized as America's Most Trusted® Builder from 2016-2025, reflecting its strong commitment to sustainability and community [6]