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Elanders climate targets approved by the Science Based Targets initiative
Globenewswire· 2025-07-15 06:00
Core Viewpoint - Elanders Group's climate targets have been validated and approved by the Science Based Targets initiative (SBTi), aligning with the Paris Agreement's goal to limit global warming to a maximum of 1.5 degrees [1][2]. Group 1: Climate Targets - Elanders aims to reduce greenhouse gas emissions within Scope 1 and 2 by 50% by 2030, using 2021 as the base year [5]. - The company plans to reduce greenhouse gas emissions within Scope 3 by 25% by 2030, with 2022 as the base year [5]. - Elanders is committed to achieving net-zero emissions across all scopes by 2050 [5]. Group 2: Commitment to Sustainability - The validation of climate targets by SBTi signifies Elanders' commitment to sustainability and provides a strong foundation for ongoing efforts to reduce climate impact [2][3]. - Elanders has worked extensively to ensure that its climate goals are ambitious and scientifically justified, emphasizing collaboration with customers, suppliers, and stakeholders to achieve these targets [3].
X @The Economist
The Economist· 2025-07-14 22:40
Consumer Behavior - Young people today are environmentally conscious [1] - The reusable cup trend is more about style than actual sustainability [1]
Voyageur Pharmaceuticals Grants Deferred Share Units and Options and Accelerates Expiry Date of Warrants
Thenewswire· 2025-07-14 20:30
Core Points - Voyageur Pharmaceuticals Ltd. has issued 128,418 Deferred Share Units (DSUs) to its directors as part of a fixed 10% equity incentive compensation plan, with a starting value of approximately $0.21126 per DSU based on the weighted average share price for the quarter ended June 30, 2025 [1][2] - The company has also granted 100,000 stock options to a director, which are exercisable at an exercise price of $0.195 per share for a period of 10 years [2] - Additionally, Voyageur has granted options to purchase 500,000 common shares at $0.26 per share to a contractor, expiring July 10, 2029 [3] - The company has triggered an acceleration clause for 13,782,345 warrants exercisable at $0.10 per share, which will expire on August 18, 2025 [3] Company Overview - Voyageur Pharmaceuticals is focused on developing barium and iodine Active Pharmaceutical Ingredients (API) for high-performance imaging contrast agents, aiming to vertically integrate the barium and iodine contrast markets [4] - The business plan includes generating cash flow by partnering with established third-party GMP pharmaceutical manufacturers in Canada to validate its products by regulatory agencies worldwide [5] - The company is committed to sustainability and plans to build carbon-capture infrastructure using the Rain Cage EDENTM system, aiming to generate revenue from captured carbon [6] - Voyageur owns a 100% interest in the Frances Creek barium sulphate project, which offers a high-quality mineral resource suitable for the pharmaceutical market, potentially replacing current synthetic products [7] - The company's vision is to become the first vertically integrated player in the radiology contrast media drug market, controlling all primary input costs from raw material sourcing to final production [8]
Allison Transmission partners with Maryland Transit Administration to bring eGen Flex®-Equipped Electric Hybrid Buses to Baltimore
Prnewswire· 2025-07-14 20:10
Core Insights - Allison Transmission's eGen Flex hybrid propulsion system has been selected by the Maryland Department of Transportation for use in New Flyer buses in the Baltimore metropolitan area, with production set for 2025 [1][4] - The eGen Flex system aims to enhance public transportation efficiency and assist cities in reducing their carbon emissions [2][3] Technology and Benefits - The eGen Flex system features innovative geofencing technology, allowing buses to operate up to 50% of their route in engine-off mode, significantly lowering emissions and noise [3] - The system also provides improved fuel economy, achieving up to 25% better fuel efficiency compared to traditional diesel buses, which offers financial advantages for municipalities [3] Company Overview - Allison Transmission is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles, and is the largest global manufacturer of medium- and heavy-duty fully automatic transmissions [5] - The company, founded in 1915 and headquartered in Indianapolis, Indiana, operates in over 150 countries and has regional headquarters in the Netherlands, China, and Brazil, along with manufacturing facilities in the USA, Hungary, and India [5]
PriceSmart(PSMT) - 2025 Q3 - Earnings Call Transcript
2025-07-14 17:00
Financial Data and Key Metrics Changes - Net merchandise sales for Q3 reached almost $1,300 million, with total revenue exceeding $1,300 million, marking an 8% increase in net merchandise sales or 9.5% in constant currency compared to the previous year [19] - For the first nine months, net merchandise sales surpassed $3,800 million, with total revenue over $3,900 million, reflecting a 7.2% increase in net merchandise sales or 8.2% in constant currency [19] - Net income for Q3 was $35.2 million or $1.14 per diluted share, compared to $32.5 million or $1.08 per diluted share in the same period last year [26] Business Line Data and Key Metrics Changes - In Central America, net merchandise sales increased by 7.5% or 7.6% in constant currency, with comparable net merchandise sales up by 5.7% or 5.9% in constant currency [19] - The Caribbean region saw net merchandise sales rise by 8.2% or 9.7% in constant currency, with comparable net merchandise sales increasing by 8.6% or 10.1% in constant currency [20] - In Colombia, net merchandise sales increased by 10.1% or 19.3% in constant currency, with comparable net merchandise sales up by 9.9% or 19.1% in constant currency [20] Market Data and Key Metrics Changes - Membership accounts grew by 5.1% year-over-year to almost 2 million accounts, with a twelve-month renewal rate of 88% as of May 31, 2025 [21] - Private label sales represented 27.7% of total merchandise sales, up 30 basis points from the same period last year [15] - Digital channel sales reached $79 million, a 19.8% increase year-over-year, representing 6.1% of total net merchandise sales [16] Company Strategy and Development Direction - The company plans to open new warehouse clubs in Costa Rica and Guatemala, with a focus on expanding in existing markets and assessing new market opportunities, particularly in Chile [10][12] - Investments in distribution and logistics infrastructure are ongoing, with plans to upgrade distribution centers and enhance logistics capabilities [13][14] - The company is committed to sustainability and has released its fiscal year 2024 sustainability report, highlighting its environmental and social responsibility efforts [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's growth potential in Chile due to its strong middle class and stable government [52] - The company is actively pursuing strategies to improve efficiencies and offset rising costs for members, including supply chain diversification and increased utilization of free trade zones [14] - The effective tax rate has decreased due to tax optimization initiatives, with an estimated annualized effective tax rate of approximately 27% to 29% going forward [25] Other Important Information - The company is modernizing its processes and technology, including a migration to the ReLex platform to enhance inventory management and reduce spoilage [17] - The company recorded a net loss in total other expenses due to unrealized losses in U.S. Dollar-denominated monetary assets and liabilities [24] Q&A Session Summary Question: Trinidad funding plans and currency conversion issues - Management explained that the financing arrangement includes a $15 million U.S. dollar loan and $50 million indexed to U.S. dollars, minimizing additional currency exposure [35][56] Question: Strategic decision to consider Chile for future openings - Management highlighted Chile's strong middle class, good trade relations, and stable government as key factors in considering it for future openings [51][62]
What Love For Money Can Do | Rita Boccuzzi | TEDxFiesole
TEDx Talks· 2025-07-14 15:20
Financial Impact of Illness - Illness can lead to significant financial devastation, with annual income dropping by 65% within 5 years of diagnosis [2] - Over 66% of US bankruptcies are linked to medical issues, highlighting the widespread financial impact of health crises [2] Mindset and Financial Literacy - Financial empowerment is less about the amount of money and more about confidence, tools, mindset, and strategies [3][4] - Only 33% of adults worldwide are financially literate, indicating a significant mindset gap that affects financial confidence and freedom [5] - Shifting from fear to curiosity is crucial for seeing opportunities and building financial confidence through education and action [6] Key Principles for Financial Empowerment - Love is considered the ultimate currency, with money viewed as energy and an extension of love when used for good [6][7] - Persistence is essential, as breakthroughs often lie just beyond the point of wanting to give up [7] - Resilience is about showing up even without all the answers, emphasizing the importance of continuous effort [7][8] The Flourish Method - The Flourish Method is a framework designed to build financial confidence, rewire limiting beliefs, and promote financial literacy for protecting, saving, and growing money [8] - Surrounding oneself with a community of empowerment is crucial for financial freedom, normalizing conversations around money to break cycles of silence and shame [6][8] The Importance of Mindset - The key difference between those with and without financial success lies in mindset, emphasizing the power of believing in one's ability to achieve financial goals [9] - True wealth is defined not by the amount of money but by mindset, resilience, and the belief in one's worthiness of abundance [11]
LyondellBasell improves CDP climate score to A in 2024, strengthening ESG leadership
Globenewswire· 2025-07-14 12:00
In addition to its improved climate score, LYB also raised its water security score to a B and received its first- ever forests score, reinforcing its commitment to nature-related disclosure and responsible environmental stewardship. About LyondellBasell We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim ...
Look Inside Dyson's New Circular Strawberry Farm
CNET· 2025-07-13 12:01
Circular Farming Innovation - Dyson's circular farm design features rotating strawberry plants, robots for harvesting and pest control, and sensors for monitoring [1] - The circular design results in 250% more yield than traditional greenhouses [4] - Dyson uses robots with UV light to kill mold and robots to distribute beneficial insects [4] - 16 strawberry picking robots harvested 200,000 strawberries in a single month [4] Sustainable Agriculture and Renewable Energy - Dyson grows various crops, including wheat, barley, potatoes, peas, maize, and rye, to regenerate soil nutrients [5] - Energy crops are used to generate electricity, powering the equivalent of 10,000 homes [5][6] - Heat produced during the breakdown of crops is recycled to warm the glass house [6] - Broken down crops are returned to the land as fertilizer [6] - Dyson dedicates 11% (4,000 acres out of 36,000 acres) of its farmland to attract pollinating insects [6] Farm Details - Dyson's circular strawberry farms are housed in a 26-acre glass house in the UK [2] - The circular farm rig is over 18 ft tall and 78 ft long [3]
Axfood AB (publ) (AXFOF) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-07-11 12:57
Core Insights - The company reported a strong second quarter with growth significantly exceeding market development [3] - Continued momentum in key retail chains such as Willys, Hemköp, and Snabbgross, driven by affordable and attractive offerings [3] - Investments in automation and logistics are enhancing efficiency and competitiveness [4] - Strategic initiatives are in place to strengthen market positions of retail chains [4] - Progress in sustainability efforts, including the inauguration of Sweden's largest solar park [4]
Enviri Corporation Announces Timing of Second Quarter 2025 Results and Conference Call
Globenewswire· 2025-07-11 12:00
Core Viewpoint - Enviri Corporation will release its second quarter 2025 earnings results on August 5, 2025, before the NYSE market opens, and will host a conference call that morning at 9:00 a.m. ET [1][3]. Group 1 - The earnings results announcement is scheduled for August 5, 2025, prior to market opening [1]. - The quarterly conference call and webcast will begin at 9:00 a.m. ET on the same day [1]. - Investors can access the conference call via the company's website or by dialing in approximately ten minutes before the call [2][3]. Group 2 - Enviri Corporation is a global leader in environmental services, focusing on recycling and reuse solutions to help customers meet sustainability goals [3]. - The company operates in over 150 locations across more than 30 countries [3]. - Enviri is based in Philadelphia, Pennsylvania, and aims to address complex environmental challenges for its diverse customer base [3].