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Karbon-X and Banff Half Marathon Celebrate 2025 with Verified Climate Contributions that Reflect the Spirit of the Rockies
Globenewswire· 2025-09-10 12:55
Core Insights - Karbon-X has partnered with the Banff Half Marathon for the third consecutive year to promote climate action that aligns with the values of the Rockies [1][4] - The event incorporates verified climate contributions to offset its environmental footprint, along with optional contributions from participants [2][4] - The partnership emphasizes a shared commitment to environmental protection and sustainability, encouraging collective responsibility among runners and the community [4] Company Overview - Karbon-X Corp. is a vertically integrated climate solutions company that provides comprehensive climate solutions across compliance and voluntary markets, ensuring transparency and impact [5] - The company focuses on project origination, emissions quantification, third-party verification, credit issuance, and market distribution, making climate action accessible to various stakeholders [5] Event Significance - The Banff Half Marathon is recognized as one of Canada's most scenic running events, attracting thousands of participants each June while promoting sustainability and environmental stewardship [6]
Cerrado Gold Receives US$8.75M Payment from Hochschild
Globenewswire· 2025-09-03 10:00
Core Viewpoint - Cerrado Gold Inc. has received a prepayment of US$8.75 million from Hochschild Mining Plc, strengthening its balance sheet and enabling the acceleration of growth initiatives [1][2][7]. Group 1: Financial Transactions - The prepayment is part of a US$10 million receivable related to the sale of the Monte Do Carmo Gold project in Brazil, with the remaining US$5 million due in 2027 [1][2]. - This payment fulfills Hochschild's obligation for the first US$10 million payment, enhancing Cerrado's liquidity [2][7]. Group 2: Growth Initiatives - The funds will support ongoing exploration and development at Minera Don Nicolás, the Optimized Feasibility Study at Lagoa Salgada, and the Bankable Feasibility Study at the Mont Sorcier iron project [2][4][6]. - The company is focused on maximizing asset value and production growth at its operations in Argentina [4]. Group 3: Project Overview - Cerrado Gold is a Toronto-based company with a 100% ownership of the producing Minera Don Nicolás and Las Calandrias mine in Argentina [3]. - In Portugal, the company holds an 80% interest in the Lagoa Salgada VMS project, which is a high-grade polymetallic project with significant exploration potential [5]. - The Mont Sorcier Iron project in Canada is expected to produce a premium iron concentrate, contributing to sustainable development goals [6].
Coloplast A/S - Coloplast presents new 5-year strategy, Impact4
Globenewswire· 2025-09-02 06:06
Core Viewpoint - The company is launching a new 5-year strategy called Impact4, which aims to place customers at the center of its operations and help 4 million people in the long term [1][2]. Strategic Priorities - The Impact4 strategy focuses on four key priorities: innovative customer offerings, efficiency gains, embracing technology, and cultivating a sustainable company culture [4]. - The company will reorganize into two distinct business units: Chronic Care and Acute Care, to better address market dynamics and customer needs [1]. Financial Ambitions - The long-term financial goals include organic revenue growth of 7-8% (5-year CAGR until FY 2029/30) and absolute EBIT growth in line with or above revenue growth [5]. - The company targets a ROIC of more than 20% by FY 2029/30, with a gradual improvement expected over the period [5]. - Additional financial metrics include a capex-to-sales ratio of 4-5%, a tax rate around 22%, and a net debt/EBITDA ratio decreasing to approximately 1.5x by FY 2029/30 [5]. Non-Financial Ambitions - The company aims for a 90% reduction in Scope 1+2 emissions by 2029/30 and a 10% reduction in Scope 3 emissions per product by FY 2029/30 [5]. - It plans to use 15-20% less materials in product and packaging by FY 2029/30 and improve employee engagement scores to the top quartile of the industry [5]. Business Unit Goals - In Chronic Care, the company aims for organic revenue growth above market levels and profitability improvements, focusing on areas like Ostomy Care and Intermittent Catheters [5]. - The Wound and Tissue Repair segment targets double-digit growth and improved profitability through innovation [11]. - Interventional Urology aims for mid-single to high-single digit growth, with a focus on launching new products like Intibia™ [11]. Market Context - The expected market growth during the period is projected at 4-5%, with a stable macroeconomic environment and no significant changes in tariffs or trade restrictions [12].
Ping An's Hang Seng Index 2025 Sustainability Rating Upgraded to A
Prnewswire· 2025-09-01 08:34
Core Viewpoint - Ping An Insurance has been upgraded from "A-" to "A" in sustainability ratings, reflecting its strong performance in Environmental, Social, and Governance (ESG) aspects [1] Company Performance - In the first half of 2025, Ping An achieved an operating profit attributable to shareholders of RMB 77.732 billion, a year-on-year increase of 3.7% [3] - The interim dividend was RMB 0.95 per share, up 2.2% year-on-year, marking over ten consecutive years of dividend growth [3] Strategic Initiatives - Ping An is deepening its "integrated finance + health and senior care" strategy to address the diverse needs of an aging population, with nearly 247 million retail customers and an average of 2.94 contracts per customer as of June 30, 2025 [4] - The company integrates medical and senior care resources, with nearly 63% of customers entitled to benefits in the health and senior care ecosystem [4] Green Development - As of June 30, 2025, Ping An's green investments reached RMB 144.482 billion, and its green loan balance was RMB 251.746 billion [5] - The company reported a 13,000-ton reduction in operational carbon emissions year-on-year, achieving a total greenhouse gas emission of approximately 195,000 tons of CO2 equivalent, an 11% reduction year-on-year [5] Technological Advancements - Ping An's "EagleX" risk mitigation platform utilizes big data and machine learning to assess risks from natural disasters, issuing warnings for 259,000 disasters and sending 4.26 billion alert messages in the first half of 2025 [6][7] Social Responsibility - In the first half of 2025, Ping An provided RMB 32.809 billion for rural industrial revitalization and initiated 1,033 public welfare activities through its "San Cun Hui" platform, which has 3.51 million registered users [8] Future Focus - The company aims to enhance corporate governance, risk management, and promote green initiatives to drive sustainable development and create long-term value for stakeholders [9]
Brazil Potash Leadership Invited to Annual Mura Indigenous Cultural Festival
Globenewswire· 2025-08-27 10:45
Core Insights - Brazil Potash Corp. has been invited by the Mura Indigenous Council to participate in the FECIM Festival, highlighting the strengthening partnership with the Mura Indigenous communities [1][2][3] - The festival is set to take place on August 29 and 30, 2025, at Jair Tupinambá Park in Autazes, with additional invitations for community events and a lunch in the village [2] - The invitations follow a Preliminary Cooperation Agreement signed in January 2025, aimed at establishing a "Mura Well Being" sustainable development program [3] Company Overview - Brazil Potash is developing the Autazes Potash Project to supply sustainable fertilizers, addressing Brazil's reliance on potash imports, which exceeded 95% in 2021 [5] - The project is expected to produce up to 2.4 million tons of potash annually, potentially meeting approximately 20% of Brazil's current potash demand [5] - The company plans to transport potash using low-cost river barges in partnership with Amaggi, a major agricultural operator in Brazil [5] - The initiative aims to reduce greenhouse gas emissions by approximately 1.4 million tons per year while supporting Brazil's food security [5][3] Community Engagement - The Mura Indigenous Council represents over 18,000 Mura Indigenous people and plays a crucial role as stakeholders in the Autazes Potash Project [4] - The participation in the FECIM Festival signifies the company's commitment to cultural respect and sustainable development in collaboration with local communities [3][2]
Journalists from major international media outlets visit Longjiang Forestry Group for a field tour
Globenewswire· 2025-08-27 02:44
Core Insights - Longjiang Forestry Group is showcasing its achievements in forest protection, green industry development, and ecological tourism integration through a recent media tour [5] Group 1: Forest Protection and Tourism Development - The virgin forest scenic area is highlighted as a "natural oxygen bar," emphasizing the natural beauty and ecological significance of the region [2] - The China Snow Town is gaining global attention with diverse all-season tourism offerings, supported by forestry workers' efforts [2] - Innovative lodging options, such as "space capsule" accommodations, are being introduced in the Yabuli scenic area, enhancing cold-region tourism [3] Group 2: Technological Advancements and Ecological Practices - The Korean pine light-substrate container seedling technology has improved tree survival and cultivation efficiency at the Yabuli Nursery [4] - The Weihe Ecological Command Center provides real-time monitoring of forest dynamics, showcasing advanced forestry management systems [4] - Biodiversity conservation is exemplified at the Pingshan Royal Deer Park, where various deer species thrive in a semi-wild environment [4] Group 3: Media Engagement and Sustainable Development - The media tour aims to present Longjiang Forestry Group's practices in virgin forest protection and green transformation in northeastern China [5] - The event was co-hosted by the Heilongjiang Center of Xinhua News Agency and the Publicity Department of the CPC Longjiang Forestry Group Committee, indicating strong institutional support [6]
Kraton and International Paper Execute Strategic Continuity of Services Agreement
Prnewswire· 2025-08-21 16:16
Core Insights - Kraton Corporation has executed agreements with International Paper to ensure uninterrupted site services at its Savannah, Georgia facility, highlighting a commitment to supply reliability and operational continuity in the pine chemicals industry [1][2][3] Company Overview - Kraton Corporation is a leading global producer of specialty polymers and high-value biobased products derived from renewable resources, with applications in various sectors including adhesives, coatings, and automotive [6] - The company is the largest global provider in the pine chemicals industry, offering a range of specialty products sold into multiple markets [6] Partnership Details - International Paper will continue to provide essential site services to Kraton, enabling uninterrupted production and delivery of critical pine chemical products, which supports Kraton's infrastructure investments at the Savannah facility [2][4] - The partnership aims to strengthen the pine chemicals value chain and ensure stable supply to customers across key global markets [3][4] Strategic Focus - Kraton is focused on delivering high-performance, sustainable solutions and maintaining its leadership in the bio-based chemical industry [4] - The agreements reflect a shared vision between Kraton and International Paper to enhance resilience and growth within the pine chemicals sector [2][3]
Stantec reports second quarter 2025 results, delivering over 20% growth in adjusted earnings per share and increases its 2025 outlook
Globenewswire· 2025-08-13 21:00
Core Insights - Stantec reported strong financial results for Q2 2025, with net revenue reaching $1.6 billion, a 6.9% increase year-over-year, driven by 4.8% organic growth across all regions and business units [3][8][14] - The company has revised its 2025 guidance upward, expecting net revenue growth of 10% to 12%, adjusted EBITDA margin of 17% to 17.4%, and adjusted EPS growth of 18.5% to 21.5% [5][6][12] - Stantec's contract backlog increased to $7.9 billion, reflecting a 9.9% year-over-year growth, with notable organic growth contributions from all regional units [8][21] Financial Performance - Net revenue for Q2 2025 was $1.6 billion, up $103.4 million from Q2 2024, with organic growth of 4.8% [3][14] - Adjusted EBITDA rose 15.0% to $284.4 million, with an adjusted EBITDA margin of 17.8%, a 120 basis point increase from the previous year [3][14] - Diluted EPS increased by 63.0% to $1.19, while adjusted EPS grew 21.4% to $1.36 [3][14] Regional Performance - Canada achieved organic growth of 6.2%, the United States 4.4%, and Global operations 4.3% [3][20] - The Water segment saw significant organic growth of 12.4%, while Energy & Resources delivered 9.5% organic growth [3][14] Acquisitions and Strategic Moves - Stantec completed several acquisitions, including Ryan Hanley, Cosgroves, and Page, enhancing its capabilities in various sectors [4][8][14] - The acquisition of Page, a 1,400-person firm, is expected to strategically complement Stantec's Buildings business [8][14] Outlook and Guidance - The company has increased its guidance for 2025, reflecting strong year-to-date performance and the impact of recent acquisitions [5][6][12] - Adjusted net income is expected to exceed 8.8% of net revenue, with adjusted ROIC projected to be above 12.5% [12][14] Backlog and Cash Flow - Contract backlog reached $7.9 billion, indicating approximately 12 months of work, with 9% organic growth contributing to this increase [8][21] - Operating cash flows increased by 79.4% to $134.0 million, demonstrating solid operational performance and effective collection efforts [14][17]
Societe Generale: Information regarding executed transactions within the framework of a share buyback program
Globenewswire· 2025-08-11 15:47
Core Points - Societe Generale initiated a EUR 1 billion ordinary share buy-back program aimed at share cancellation, starting on August 4, 2025 [1][2] - The program has received all necessary authorizations from supervisory authorities and complies with the conditions set forth by the General Meeting [2] - As of August 8, 2025, Societe Generale completed 9.6% of its buy-back program, which represents 0.2% of its total share capital of 785,180,327 shares [3] Buy-Back Transactions - The total number of shares repurchased from August 4 to August 8, 2025, was 1,718,926 shares at a daily weighted average price of EUR 55.8487 [5] - Daily transactions included: - August 4: 220,414 shares at EUR 54.8104 [4] - August 5: 209,844 shares at EUR 55.3552 [4] - August 6: 200,000 shares at EUR 55.4404 [5] - August 7: 200,000 shares at EUR 56.4492 [5] - August 8: 195,329 shares at EUR 57.2547 [5] Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [6] - The bank has a strong commitment to sustainability and is included in major socially responsible investment indices [7]
Cerro de Pasco Resources Reports 2025 Fiscal Year-End Financial Results and Strategic Milestones
Globenewswire· 2025-07-30 11:55
Core Viewpoint - Cerro de Pasco Resources Inc. has significantly improved its financial position through strategic realignment and the sale of non-core assets, achieving a net income of $24.6 million for the fiscal year ended March 31, 2025, compared to a net loss in the previous period [1][4]. Financial Performance - Net income for FY 2025 was $24.6 million, a turnaround from a net loss of $29.3 million in FY 2024 [3][4]. - Earnings per share increased to $0.06 from a loss of $0.09 per share in the prior period [3][4]. - Cash balance rose to $11.5 million, with positive working capital of $6.3 million, compared to a deficit of $55.0 million in the previous year [3][4]. - Shareholders' equity improved to $6.7 million, reversing a deficit of $40.8 million [3][4]. - Total assets decreased to $16.3 million from $37.4 million, while total liabilities dropped significantly to $9.6 million from $78.2 million [3][4]. Strategic Developments - The sale of the Santander mine in August 2024 eliminated over $70 million in liabilities and allowed the company to focus on the Quiulacocha Tailings Project [5]. - The company raised over $17 million through private placements, enhancing liquidity and shareholder alignment [5]. - An easement agreement was signed with Activos Minerales S.A.C. in May 2024, enabling a 40-hole drilling program at Quiulacocha [5]. Future Outlook - The company is advancing technical, environmental, and permitting activities at Quiulacocha, aiming to deliver its Preliminary Feasibility Study (PFS) and achieve near-term development milestones [6]. Company Overview - Cerro de Pasco Resources focuses on developing its 100% owned El Metalurgista mining concession, which consists of silver-rich mineral tailings and stockpiles from over a century of mining operations [7]. - The strategy includes reprocessing and environmental remediation of historic mining waste, aiming to unlock value while supporting sustainable development [7].