Corporate Sustainability
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Melco included in the S&P Global Sustainability Yearbook 2026
Globenewswire· 2026-02-26 09:12
Group 1 - Melco Resorts & Entertainment has been included in the S&P Sustainability Yearbook 2026, ranking in the 96th percentile within the Casinos and Gaming Industry, an improvement from the 92nd percentile the previous year [1] - The Yearbook recognizes companies that score within the top 15% of their industry based on the S&P Global 2025 Corporate Sustainability Assessment, with only about 800 out of over 9,200 assessed companies making the list [2] - Melco has consistently achieved a B score for CDP Climate 2025 and improved its CDP Water score from B to A-, while also holding an A rating from MSCI, reflecting its commitment to sustainability [3] Group 2 - Melco Resorts & Entertainment operates integrated resort facilities in Asia and Europe, including City of Dreams and Altira Macau in Macau, City of Dreams Manila in the Philippines, and City of Dreams Mediterranean in Cyprus [4] - The company is majority owned by Melco International Development Limited, which is led by Mr. Lawrence Ho, who serves as the Chairman, Executive Director, and CEO of Melco [5]
Melco included in the S&P Global Sustainability Yearbook 2026
Globenewswire· 2026-02-26 09:12
Core Insights - Melco Resorts & Entertainment has been included in the S&P Sustainability Yearbook 2026, ranking in the 96th percentile within its industry group, an improvement from the 92nd percentile the previous year [1][2] Group 1: Sustainability Recognition - The inclusion in the Yearbook is based on the S&P Global 2025 Corporate Sustainability Assessment, where only the top 15% of companies in each industry are selected [2] - Over 9,200 companies were assessed for the 2025 CSA, with only around 800 companies across 59 industries making it to the Yearbook [2] Group 2: Company Performance - Melco has consistently achieved a B score for CDP Climate 2025 and improved its CDP Water score from B to A- [3] - The company holds an A rating from MSCI, reflecting its commitment to sustainability [3] Group 3: Leadership Statement - Mr. Lawrence Ho, Chairman & CEO, emphasized the company's commitment to sustainability and the importance of the CSA assessment as a benchmark for evaluating their impact [3] Group 4: Company Overview - Melco Resorts & Entertainment is a developer, owner, and operator of integrated resort facilities in Asia and Europe, including City of Dreams and Altira Macau [4] - The company operates various integrated resorts and gaming facilities in multiple regions, including the Philippines and Cyprus [4]
Sonoco and ENGIE Announce Commencement of 140-Megawatt Virtual Power Purchase Agreement
Globenewswire· 2026-02-02 21:04
Core Insights - Sonoco has initiated a Virtual Power Purchase Agreement (VPPA) with ENGIE North America for the Big Sampson Wind Project, which will supply over 83% of Sonoco's U.S. electricity needs [1][2]. Company Initiatives - The VPPA will provide an estimated 140 megawatts of electricity annually, covering approximately 83% of Sonoco's U.S. electricity consumption in 2025 and about 52% of Big Sampson's expected output capacity for a 15-year term [2]. - This initiative aligns with Sonoco's sustainability goals, aiming to reduce global Scope 1 and Scope 2 emissions by 25% by 2030 from a 2020 baseline, with the VPPA expected to help reduce carbon emissions by approximately 19% [3]. Project Details - The Big Sampson Wind Project consists of 60 wind turbines, each with a generating capacity of 4.5 megawatts, and is expected to create long-term tax revenues exceeding $60 million for Crockett County and local school districts over its 15-year lifespan [6][7]. - The project employed around 400 skilled construction professionals during its development phase and will maintain 10 to 15 full-time operational staff [6]. Industry Context - ENGIE North America, a leader in the net zero energy transition, has over seven gigawatts of renewable energy production in operation or under construction across the U.S. and Canada [5]. - The partnership between Sonoco and ENGIE is expected to accelerate the addition of new clean power to the U.S. grid, supporting economic growth and meeting increasing energy demand [6].
Franco-Nevada Recognized as One of Corporate Knights' 2026 Global 100 Most Sustainable Corporations
Prnewswire· 2026-01-21 22:05
Core Insights - Franco-Nevada Corporation has been recognized as one of the 2026 Global 100 Most Sustainable Corporations by Corporate Knights, marking its first inclusion in this ranking [1][2]. Corporate Summary - Franco-Nevada is a leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets [4]. - The company's business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation [4]. - Franco-Nevada is debt-free and utilizes its free cash flow to expand its portfolio and pay dividends [4]. - The company trades under the symbol FNV on both the Toronto and New York stock exchanges [4].
Koppers Named To Newsweek 'America's Most Responsible Companies' Listing
Prnewswire· 2025-12-16 13:45
Core Insights - Koppers Holdings Inc. has been recognized as one of America's Most Responsible Companies for the sixth consecutive year in 2026 by Newsweek magazine [1][2] Company Overview - Koppers is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, employing 1,850 people [4] - The company focuses on creating, protecting, and preserving essential elements of global infrastructure, including railroad crossties and utility poles [4] Sustainability Achievements - Koppers' recent Corporate Sustainability Report (2024) highlights significant achievements: - 2.52 total recordable injury rate, the lowest in company history [7] - 53% increase in solar energy production year-over-year [7] - 27% of energy consumed is produced from renewable sources [7] - 38% of timber purchases in the Utility and Industrial Products business were sustainably certified, the highest on record [7] - 81% of employees reported being happy working at Koppers, the highest score since 2018 [7] Recognition Criteria - The selection of top companies is based on quantitative research from the 2,000 largest publicly traded companies in the U.S., utilizing over 30 key performance indicators in environmental, social, and corporate governance [3]
Pebblebrook Hotel Trust Publishes Seventh Annual Corporate Sustainability Report
Businesswire· 2025-12-05 12:00
Core Insights - Pebblebrook Hotel Trust released its seventh annual Corporate Sustainability Report, showcasing its 2024 performance and ongoing commitment to responsible business practices and sustainability [1] Group 1: Sustainability Reporting - The 2025 Corporate Sustainability Report aligns with international frameworks such as the Global Reporting Initiative (GRI) and includes disclosures per the Real Estate Sustainability Accounting Standard of the Sustainability Accounting Standards Board (SASB) [2] - The company has enhanced its sustainability risk evaluation by following the guidelines of the Task Force on Climate-Related Financial Disclosure (TCFD), incorporating elements from the International Sustainability Standards Board's (ISSB) IFRS climate-related disclosures for the first time [2] Group 2: Environmental Goals and Achievements - Pebblebrook aims to reduce greenhouse gas emissions intensity by 35% by 2030, with significant progress already made across its portfolio [3] - Key achievements include a 41% reduction in greenhouse gas (GHG) emissions intensity per square foot, a 26% decrease in energy intensity per square foot, and a 69% decline in waste intensity per occupied room [7] Group 3: Corporate Governance - The CSR Committee comprises three independent members of the Board of Trustees, one executive officer, and four senior employees, indicating a structured approach to sustainability governance [5] Group 4: Company Overview - Pebblebrook Hotel Trust is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the U.S., owning 44 hotels and resorts with approximately 11,000 guest rooms across 13 markets [6]
H2O America Releases 2024 Corporate Sustainability Report
Globenewswire· 2025-09-04 13:15
Core Insights - H2O America has released its 2024 Corporate Sustainability Report, showcasing its sustainability efforts and community impact across multiple states [1][2]. Sustainability Achievements - The company achieved a 43% reduction in Scope 1 and 2 greenhouse gas emissions from the 2019 baseline, moving towards a 2030 goal of 50% reduction [10]. - Solar energy generation increased by 73%, with the addition of eight new solar projects, including the first in Texas [10]. - A total of $353 million was invested in water infrastructure, which included the replacement of 46 miles of pipeline and the installation of over 20,000 smart meters [10]. Water Quality and Compliance - H2O America reported zero violations of drinking water standards across all subsidiaries, with over 73,000 compliance samples conducted [10]. Community Engagement - The company made $400,000 in charitable donations and launched the Force for Good Foundation to support local nonprofits [10]. Customer Satisfaction - H2O America achieved an 85.2% customer satisfaction rate and expanded flexible payment plans and rate assistance programs [10]. Governance - The board of H2O America is majority-female, with eight out of ten members being independent, and the company has initiated an enterprise risk management program [10].
Black Hills Corp. Releases 2024 Corporate Sustainability Report Highlighting Progress on Climate Goals and Innovation
Globenewswire· 2025-06-26 20:20
Core Viewpoint - Black Hills Corp. demonstrates its commitment to a sustainable energy future through its 2024 Corporate Sustainability Report, highlighting significant progress in environmental, economic, and governance areas [1][2]. Environmental Achievements - The company has achieved a 38% reduction in electric utility emissions since 2005 and aims for a 40% reduction by 2030 and a 70% reduction by 2040 [2]. - Black Hills Corp. is on track to reach net zero natural gas utility emissions by 2035 [2]. Economic Impact - The total economic impact of Black Hills Corp. in 2024 was approximately $1.5 billion, which includes $3.8 million in charitable giving and energy assistance [6]. - The company’s charitable contributions included $441,000 to United Way and $73,711 to Black Hills Cares, which, with company matching, totaled $551,000 for United Way and $346,000 in energy assistance [6]. Renewable Energy Initiatives - In 2024, Black Hills Corp. acquired a renewable natural gas facility in Iowa, expected to produce enough RNG to heat over 1,800 homes annually [6]. - The company is also innovating in coal to hydrogen technology and has conducted initial testing of carbon sequestration capabilities at its Gillette, Wyoming energy complex [6]. Customer Empowerment - Through programs like Green Forward and over $10 million in energy efficiency rebates, Black Hills Corp. has helped customers save energy equivalent to powering over 1,500 homes with electricity and 246 homes with natural gas for one year [6]. Workplace Culture - Black Hills Corp. fosters a workplace environment that encourages employee contribution, collaboration, and growth, aligning with its mission to improve life with energy [6].
Range Resources Publishes 2024-2025 Corporate Sustainability Report
Globenewswire· 2025-06-26 11:00
Core Insights - Range Resources Corporation published its 2024-2025 Corporate Sustainability Report, emphasizing its commitment to sustainable energy development [1] - The CEO highlighted the integration of operational excellence and environmental responsibility as key to delivering sustainable performance and long-term value [2] Corporate Sustainability Report Highlights - Achieved Net Zero Scope 1 and 2 GHG emissions for 2024, ahead of the 2025 goal, through direct emissions reductions and verified carbon offsets [3] - GHG emissions intensity reduced by 43% and methane emissions intensity reduced by 83% since 2019, surpassing initial targets [3] - Total number of reportable spills ≥ 1 bbl decreased by 33% compared to 2023 [7] - Approximately 100% of flowback and produced water from operations was recycled [7] Environmental Stewardship and Safety - Received an "A" grade MiQ certification for all production [7] - DART Rate of 0.17 and TRIR of 0.33, indicating strong safety performance [7] - Employees completed over 3,000 hours of safety training, with an average tenure of ~10 years [7] Community Impact and Governance - Paid over $5 billion in impact fees, royalties, lease payments, and charitable contributions benefiting Pennsylvania communities [7] - Invested $1.2 million into communities, including $213,500 to first responders [7] - Employees volunteered a record 3,100+ hours for community organizations [7] Reporting Standards and Frameworks - The Sustainability Report aligns with best practice sustainability reporting standards, including GRI, SASB, IPIECA, TCFD, and AXPC ESG Metrics Framework [8]
Brunswick Corporation Releases 2024 Corporate Sustainability Report
Globenewswire· 2025-05-13 12:17
Core Insights - Brunswick Corporation released its 2024 Sustainability Report, emphasizing its commitment to sustainable operations and innovation in the marine industry [1] - The company is recognized as a global leader in marine recreation, focusing on technology-driven solutions and deep consumer insights [2] Company Overview - Brunswick Corporation operates over 60 industry-leading brands, including Mercury Marine, Boston Whaler, and Sea Ray, among others [2] - The company employs approximately 14,500 people across 26 countries and has been named America's Best Large Employers for 2024 by Forbes Magazine for the sixth consecutive year [2] - Brunswick has received more than 100 awards across its enterprise for three consecutive years, highlighting its commitment to excellence [2]