RT Bloomberg Live (@BloombergLive)What impact does Trump's re-election have on sustainability businesses in Asia? @CapitalLand's Paul Tham shares his take at #SustainableBizSummit.⏯️ https://t.co/pybnzsnKOu https://t.co/NIBNozclLw ...

Sustainable Assets - Sustainable assets reached an all-time high at the end of June [1] - Sustainable assets have doubled over the last 10 years [1] Industry Optimism - Fidelity International's Gabriel Wilson-Otto discusses optimism in global sustainability [1]

Financial Data and Key Metrics Changes - The company reported EPS of $1.55, up 36% from Q1, and sales of $529 million, an 8% sequential increase [5][16] - Operating income reached $79 million, a 25% sequential increase, with an operating margin of 14.9%, up 200 basis points from Q1 [5][17] - Free cash flow was $34 million, with total liquidity at nearly $700 million, reflecting a $150 million increase year-over-year [27][29] Business Line Data and Key Metrics Changes - Consumer and Specialty segment sales were $278 million, up 4% sequentially, with Household and Personal Care sales at $127 million, up 3% sequentially [19][20] - Specialty Additives sales were $150 million, down 5% year-over-year but up 4% sequentially, driven by seasonal demand in residential construction [21] - Engineered Solutions segment sales were $251 million, up 12% sequentially, with High Temperature Technologies sales at $178 million, down 3% year-over-year but up 5% sequentially [23][24] Market Data and Key Metrics Changes - The North American cat litter market has been slower, leading to increased competitive dynamics, while the global pet litter market shows positive long-term growth [7][8] - The North American steel market remains stable, while the European steel market is weak, impacting sales in that region [11][24] - Demand in the Environmental and Infrastructure product line has stabilized, but overall project activity is lower than historical levels [14][25] Company Strategy and Development Direction - The company is focusing on capacity expansion for high-growth products, including sustainable aviation fuel and animal health solutions, with projected revenue growth of $100 million from these initiatives [15][27] - Investments are being made in new facilities and upgrades to improve efficiency and reduce production costs [8][20] - The company is committed to sustainability, achieving significant reductions in emissions and waste, and plans to outline new long-term goals in the next sustainability report [32][34] Management's Comments on Operating Environment and Future Outlook - Management noted that while market conditions are not robust, they are executing initiatives to support near-term demand across multiple product lines [14][30] - The outlook for Q3 anticipates stable sales and income, with potential upsides balanced by macroeconomic uncertainties [30][31] - Management expressed confidence in the second half of the year being stronger than the first half, driven by ongoing growth initiatives [31] Other Important Information - The company returned $22 million to shareholders in Q2, maintaining a balanced approach to capital deployment [28] - The balance sheet remains strong, with a net leverage ratio of 1.7 times EBITDA, below the target of two times [29] Q&A Session Summary Question: Insights on Household and Personal Care segment growth - Management indicated that while there is improvement, the pet care market has been slower, leading to competitive pricing and promotional activities [40][41] - Smaller products in the segment are growing at double-digit rates, which are expected to drive overall growth [42][43] Question: Drivers of better operating income performance in Engineered Solutions - Strong productivity and effective supply chain management contributed to better-than-expected operating income [51][52] - Management noted ongoing macro uncertainties but expressed confidence in maintaining similar margin performance [54][55] Question: Capacity for larger acquisitions - The company is open to considering larger acquisitions and has a strong balance sheet to support potential deals [58][60] Question: Schedule for new PCC satellites - Three new satellite facilities are expected to come online in the next seven to eight months, including expansions in Asia [64][66] Question: Outlook for steel production and MINSCAN penetration - The U.S. steel market is stable, while the European market remains weak, with ongoing efforts to penetrate the MINSCAN technology in both regions [70][73]

RT Bloomberg Live (@BloombergLive)At the #SustainableBizSummit connect with key decision-makers from leading companies, financial institutions, and government bodies driving real progress on sustainability. Whether you're seeking partnerships, insights, or inspiration—this is where the action happens. https://t.co/beT5saNPfO ...

Core Argument - The pervasive use of "buzzwords" and unclear language (referred to as "bullshit") in communication creates confusion and hinders genuine connection [1][2] - This type of language prioritizes appearance over truth and aims to impress rather than inform [1] - Overuse of abstract and meaningless language erodes the cognitive landscape and wastes time [1] Impact and Consequences - "Bullshit" acts as a separator, creating a void in understanding and hindering meaningful communication [1] - Over-reliance on jargon can lead to cognitive decline and a sense of emptiness [1] - Time is wasted navigating through unclear language instead of engaging in meaningful activities [1] Solutions and Recommendations - Individuals should become "BS agents" and call out unclear or misleading language [1] - Purge one's own language of "bullshit" by using clear and simple explanations [1] - Constantly question the meaning of words and phrases to ensure clarity and understanding [1] - Reclaim language for its original purpose: to connect, inspire, and clarify, rather than to confuse [2]

Carbon Credit Market Overview - Carbon credit is presented as a new sustainable currency that can be monetized for doing good [1][2] - The global goal is to reduce 2°C, and carbon credit is a concept that incentivizes emission reduction [9][10] - Developed countries are setting carbon emission limits and investing in climate projects, creating a market for carbon credits [13] - Carbon market involves trading between carbon emitters and those reducing carbon emissions [12] Cook to Earn Concept - The "cook to earn" concept is being implemented, where rural women are paid for using clean energy for cooking [7] - In Bangladesh, 17% of people cook with unclean fuels, leading to indoor air pollution and over 100,000 deaths annually [5][7] - Shifting from unclean to clean energy allows for tracking cooking data, converting it to carbon credits, and paying the cooks [6] - The project uses IoT devices in stoves to track cooking data, which is then certified and sold as carbon credits [13][14] Business Potential and Examples - Elon Musk's Tesla earned over $16 billion in 2020 from selling carbon credits to competitors [15][16] - Carbon credit prices vary from $1 to $4 per ton, and up to $15 to $25 per ton for digitally monitored, reviewed, and verified (DMRV) carbon [17][18] - In some cases, carbon credit prices can reach $8,200 [19] - Companies buy carbon credits to build reputation and comply with regulations [20] - Rice production in Bangladesh emits methane, which is 25 times more harmful than carbon dioxide, presenting an opportunity for carbon projects [21][22]

RT Bloomberg Live (@BloombergLive)We’re excited to welcome Paul Tham, Group Chief Financial Officer @CapitaLand Investment, to the #SustainableBizSummit Singapore! Don’t miss his perspective on finance’s role in accelerating sustainability. Join us June 30! https://t.co/ZjhpCN5rGx https://t.co/WNKbqmkdil ...

RT Bloomberg Live (@BloombergLive)How can sustainability leaders create value in volatile times? Join us at the #SustainableBizSummit in Singapore on July 30 to hear how business and finance leaders are scaling strategy and building impact amid global change. ...

RT Tesla Owners Silicon Valley (@teslaownersSV)As I sit back on my flight to Austin, I reflect on the seven years since starting this handle and this club.I could’ve never imagined this journey, the experiences, or the epic community we’ve helped build.I’m in awe of the support from the community, Tesla, and Elon Musk.I’m thankful for my wife, kids, and God, who’ve been my biggest champions and support system.Never let the haters or noise stop you from building.A reminder: Kelvin and I don’t do this full-ti ...

As I sit back on my flight to Austin, I reflect on the seven years since starting this handle and this club.I could’ve never imagined this journey, the experiences, or the epic community we’ve helped build.I’m in awe of the support from the community, Tesla, and Elon Musk.I’m thankful for my wife, kids, and God, who’ve been my biggest champions and support system.Never let the haters or noise stop you from building.A reminder: Kelvin and I don’t do this full-time; we work in tech in Silicon Valley. We’ve gi ...