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Macerich Schedules Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-07-18 11:00
Core Viewpoint - Macerich is scheduled to release its second quarter 2025 earnings results on August 11, 2025, followed by a conference call to discuss the results [1]. Company Overview - Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT) focused on high-quality retail real estate in densely populated U.S. markets [4]. - The company's portfolio includes 42 million square feet of real estate, primarily consisting of interests in 39 retail centers [4]. - Macerich has achieved a 1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years from 2015 to 2024 [4]. Conference Call Details - The conference call will take place at 2:00 PM Pacific Time (5:00 PM Eastern Time) on the same day as the earnings release [1]. - Participants must register to receive the dial-in number and a personalized PIN code for the call [2]. - A live webcast will be available, and a replay will be accessible in the Investors Section of the company's website after the live event [3].
AB Akola Group temporarily postpones construction of biomethane plant in Kaišiadorys
Globenewswire· 2025-07-18 06:00
Core Viewpoint - AB Akola Group has temporarily postponed the construction of a biomethane gas production plant in the Kaišiadorys district, which is part of its long-term development strategy to address rising energy costs, excess biological waste, and climate impact reduction [1][2]. Investment and Financial Aspects - The biomethane power plant project is expected to process up to 140,000 tons of organic waste annually, generate 85 GWh of renewable energy, and reduce CO2 emissions by up to 29,000 tons per year, with an estimated payback period of less than 7.5 years [1]. - The project was planned to receive €19.4 million in investments, with an application for European Union funding submitted for its implementation [5]. Current Operations and Future Plans - Despite the postponement, the company continues to implement sustainable organic waste management solutions, transferring poultry manure to farmers and planning to direct part of this waste to a newly built biogas plant in Lukšiai [4]. - AB Akola Group is currently focusing on constructing a biofuel plant in Lukšiai, which is the first project of this scale for the group, with plans for further investments to enhance sustainability and profitability after its completion [3]. Company Overview - AB Akola Group is the largest agricultural and food production group in the Baltic States, employing over 5,000 people and operating along the entire food production chain [6]. - For the first nine months of the 2024/2025 financial year, the consolidated revenue of the group exceeded EUR 1,165 million, reflecting a 3.59% increase compared to the same period in the previous year [6].
HUSQVARNA GROUP: INTERIM REPORT JANUARY - JUNE 2025
Prnewswire· 2025-07-18 05:20
Core Insights - Husqvarna Group reported good organic growth with improved profitability in Q2 2025, with sales growing organically by 5% and operating income increasing across all divisions [2][6][3] Financial Performance - Net sales decreased by 1% to SEK 15,277 million, impacted by a -6% change in exchange rates, while organic sales increased by 5% [6] - Operating income was SEK 2,063 million, with an operating margin of 13.5%, up from 12.3% [6] - Earnings per share after dilution increased to SEK 2.76 from SEK 2.22 [6] Division Performance - The Husqvarna Forest & Garden Division achieved 5% organic sales growth, driven by strong demand for robotic mowers, which grew by 15% [3] - Gardena Division's organic sales grew by 7%, significantly improving its operating margin due to strong growth in the watering category [4] - Husqvarna Construction Division experienced a 4% decline in organic sales, with stable development in Europe but weak sales in North America [4] Debt and Cash Flow - The company reduced net debt by SEK 3.3 billion compared to the previous year, bringing it down to SEK 12.3 billion [5][6] - Direct operating cash flow amounted to SEK 2.4 billion in the quarter [5] Strategic Focus - The company is focusing on cost-saving measures, operational efficiency, and cash flow optimization amid global economic uncertainties [6][7] - Progress is being made towards sustainability targets, including a 55% reduction in CO2 emissions [8] Leadership Changes - Glen Instone has been appointed as the new CEO of Husqvarna Group, effective August 11, 2025 [2]
Amazon's carbon emissions jump as AI push tests company's climate pledge
TechXplore· 2025-07-17 19:19
Core Insights - Amazon's greenhouse gas emissions increased by 6% from 2023 to 2024, marking the first year-over-year rise since 2021, primarily due to its delivery fleet and data center construction [3][4][10] Emission Trends - Total carbon emissions rose from 64.38 million metric tons in 2023 to 68.25 million metric tons in 2024 [4] - The peak of carbon emissions occurred in 2021 at 71.54 million metric tons, followed by a decrease in indirect emissions over the next two years [5] - Direct emissions from Amazon's transportation and logistics operations have been steadily increasing since 2019 [6] Sustainability Efforts - Amazon is investing in electric vehicles, with over 31,400 electric vans deployed globally as part of its effort to reduce emissions [6] - The company plans to spend $100 billion on data center and delivery operations in the current year, reflecting the growing energy demands of AI infrastructure [9] Challenges and Criticism - The push for AI is creating challenges for Amazon's sustainability goals, with emissions up more than 33% since the company set its net zero carbon goal in 2019 [10] - Critics, including Amazon Employees for Climate Justice, have accused the company of misleading claims regarding its energy sources, particularly concerning the reliance on fossil fuels for data centers [11][12] Carbon Intensity - Despite rising emissions, Amazon reported a 4% reduction in carbon intensity, indicating that emissions per dollar of revenue are decreasing [14]
Sustainability Impact: Aspirations versus Reality | Belinda Scot | TEDxAURAK
TEDx Talks· 2025-07-17 16:03
Good morning everyone. It's a pleasure to be here. Thank you for giving me this opportunity.I wanted to start with something that would grab your attention. Um but before I do that, I want to give you an example of a good social practice in employment. I'm neurodeiverse. I have ADHD.My brain is a bit like a fishing net. It has fish in it that you can eat, but it's full of a lot of detritus polystyrene ropes. They can be repurposed and reused in good sustainability um practices, but the thing is is that I ha ...
Syensqo Appoints Two New Board Members
Globenewswire· 2025-07-17 15:31
Syensqo Appoints Two New Board Members Brussels, Belgium – July 17, 2025 - 17:30 CEST New Directors Bring Industry, Innovation and Leadership Experience to Advance Syensqo’s Evolution to a Specialty Chemicals Company SYENSQO SA (“Syensqo” or “the Company”) is pleased to announce the appointment of Dr. Cynthia Arnold and Augusto Di Donfrancesco as new members of its Board of Directors, effective July 17, 2025. They replace Matti Lievonen and Nadine Leslie who are stepping down from the Board to pursue other ...
Vranken-Pommery Monopole - FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER*
Globenewswire· 2025-07-17 15:30
Core Insights - Vranken-Pommery Monopole reported stable revenue of €108.3 million in H1 2025, reflecting a slight increase of 0.2% compared to H1 2024 in a volatile economic environment [2][5][6] - The company is focusing on premium brands, with a notable 4.7% growth in Champagne Pommery revenue, driven by high-value cuvées [3][5][6] - The Champagne market experienced a mixed performance, with a volume decline of 1.2% compared to H1 2024, but a catch-up effect is anticipated in the second half of the year [5][6] Performance by Business Segment - Champagne revenue reached €94.3 million, up 0.3% from €93.9 million in H1 2024 [5][7] - Provence and Camargue Rosé Wines maintained stable revenue at €5.7 million, despite volume growth [6] - Sparkling Wines turnover increased by 9.2%, attributed to the strong performance of the Louis Pommery range [6] Geographic Revenue Breakdown - Revenue from France increased significantly by 22.9% to €40.5 million, while revenue from Europe decreased by 3.1% to €33.8 million [7] - Revenue from third countries saw a decline of 23.6% to €20.0 million, primarily due to lower volumes in Duty Free [7] Strategic Focus - The company is committed to a premiumization strategy, enhancing its portfolio to meet consumer demand for authenticity and sustainability [3][11] - A strong emphasis on CSR initiatives, including a focus on decarbonization and craftsmanship, is part of the company's long-term strategy [8][11] Outlook - Despite ongoing geopolitical and economic uncertainties, the company remains optimistic about growth in the second half of 2025, particularly during the festive season [9] - The company is expanding its international presence, especially in Asia, with plans to establish operations in South Korea [9][11]
CROWN HOLDINGS RECOGNIZED BY FORBES AS THE TOP PACKAGING COMPANY ON TRACK TO ACHIEVE NET-ZERO CARBON EMISSIONS
Prnewswire· 2025-07-17 13:00
Core Insights - Crown Holdings, Inc. has been recognized by Forbes as the top packaging company on track to achieve net-zero carbon emissions, ranking 22nd overall among 200 evaluated companies [1][2] Group 1: Recognition and Achievements - Crown's recognition as a Net Zero Leader for 2025 highlights the dedication of its global team towards sustainability goals [2] - The company ranked 22nd in emissions projections, risk management, financial strength, governance, and organizational preparedness [1] Group 2: Sustainability Initiatives - Crown's Twentyby30™ initiative, established in 2020, serves as a roadmap for achieving its net zero target, focusing on emissions reductions, water preservation, recycling, and ethical sourcing [3] - The company emphasizes that sustainability is central to its business, fostering innovation and progress in reducing its carbon footprint [4] Group 3: Reporting and Transparency - Crown's 2024 Sustainability Report titled "Built to Last" provides measurable data on its sustainability progress and highlights environmental and social goals that have been achieved or surpassed [4]
X @The Wall Street Journal
Environmental Impact - Microsoft's carbon footprint is significant [1] - Microsoft is exploring underground storage of human waste as a potential solution to reduce its carbon footprint [1]
Coats Group (COA) Earnings Call Presentation
2025-07-17 06:00
Financial Highlights - CER revenue increased by 2%[7], driven by strong growth in January-April, despite increased market uncertainty[7] - Group adjusted EBIT margin increased to 19.8%[7], aligning with the medium-term target range of 19-21%[7] - Achieved 7% CER EBIT growth[26] - Adjusted EPS increased to 4.69 cents[33] - Free cash flow pre-dividend increased from $39 million to $54 million[37] Acquisition of OrthoLite - A definitive agreement was reached to acquire 100% of OrthoLite Holdings LLC for an enterprise value of $770 million[7] - OrthoLite holds approximately 36% market share of the addressable open-cell market[10] - OrthoLite's revenue in 2024 was $258 million, with an EBITDA margin of 28%[11] - Identified joint cost synergies of $20 million annually by FY28[21] Strategic Rationale - The acquisition is expected to accelerate the company's footwear growth strategy[15] - The combined Coats Footwear FY24 proforma revenue is approximately $700 million[15] - The acquisition is expected to be EPS accretive from the first full year[15]