Social and Governance (ESG)
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Pentair Showcases Impact and Progress in 2025 Sustainability Report
Businesswire· 2026-03-31 10:50
Core Insights - Pentair has released its 2025 Sustainability Report, highlighting its commitment to sustainability and progress in various strategic targets [2][3][4] Water Stewardship - In 2025, Pentair achieved its water stewardship target by restoring 100% of water withdrawal in high-water-stress areas, equating to approximately 31 million gallons restored [4][5] - The company reduced its water withdrawal by 34.4% from the 2019 baseline and by 4.9% compared to 2024 [4] Greenhouse Gas Emissions - Pentair made significant progress in reducing greenhouse gas emissions, achieving a 54.0% reduction in Scope 1 and Scope 2 emissions from the 2019 baseline [5] Product Design for Sustainability - The company assessed 100% of new products using its product sustainability scorecard, meeting its target for sustainable product design [5] Customer Impact - Pentair's sustainable innovations have positively impacted customers and the environment, including protecting 23 million people from flooding through pumps sold in 2025 [13] - Customers using Pentair systems can recover 100,000 metric tons of carbon dioxide annually [13] - Since 2021, Pentair's residential water filtration systems have avoided 40 billion single-use plastic water bottles, diverting approximately 500,000 metric tons of plastic from landfills [13] Financial Overview - Pentair reported revenue of approximately $4.2 billion in 2025, with a workforce of about 9,000 employees serving customers in over 150 countries [15]
Jabil to Lead Workshop on End-to-End Supply Chain Optimisation at US Summit
Globenewswire· 2026-03-30 09:51
Core Insights - Jabil, in collaboration with BizClik and Procurement Magazine, will host a workshop focused on end-to-end supply chain management solutions at the Procurement & Supply Chain LIVE: The US Summit on April 21, 2026, aimed at optimizing global networks and enhancing resilience in complex business environments [5][11]. Group 1: Workshop Details - The workshop is tailored for C-suite, VP, and director-level leaders in supply chain, operations, planning, and procurement, addressing challenges such as fragmented networks and the need for real-time visibility [6]. - Practical guidance will be provided on creating integrated, high-performance supply chain ecosystems, highlighting Jabil's acquisition of Hanley Energy to manage AI data center power lifecycles [7]. Group 2: AI and Operational Performance - Participants will learn to utilize AI-driven forecasting to mitigate global supply disruptions and enhance operational performance through machine-led factory insights [8]. - The workshop will focus on aligning disparate systems and partner data into a unified source of truth [8]. Group 3: Sustainability in Supply Chains - Sustainability is emphasized as a core driver of supply chain performance, with Jabil's collaboration with Retronix showcasing circular approaches as strategic responses to global shortages and rising material costs [9]. - The session will guide participants on transitioning from linear to closed-loop supply chain models, aligning operations with enterprise-wide ESG and net-zero targets [10]. Group 4: Future Outlook - Procurement & Supply Chain LIVE: The US Summit aims to unite senior executives and industry experts to address current challenges and explore future opportunities in supply chain management [11].
S&P Global Awards Energy Vault Highest ESG Score for Energy Storage Company for Second Straight Year, Energy Vault Publishes 2025 Corporate Sustainability Report
Businesswire· 2026-03-25 12:30
Core Insights - Energy Vault has been awarded the highest ESG score for energy storage companies by S&P Global for the second consecutive year, achieving a score of 74 out of 100 in 2025, which is a five-point improvement from 2024's score of 69 [2][3] Group 1: ESG Performance - The company is in the 98th percentile of the Machinery and Electrical Equipment industry, maintaining its position as the highest-ranked energy storage company in this sector [2] - Energy Vault's sustainability strategy includes validated emissions reduction targets by the Science Based Targets initiative (SBTi) [2] Group 2: Operational Achievements - In 2025, Energy Vault expanded its Asset Vault platform and achieved significant operational milestones, including the opening of the Solutions Excellence Center and the commissioning of the Cross Trails Resiliency Center, its first fully owned and operated battery energy storage system [4] - The company secured over 3 GWh of deployed or contracted systems in its global B-VAULT portfolio and raised $300 million in investment for critical energy infrastructure assets [4] Group 3: Sustainability Framework - Energy Vault's sustainability framework is built on three core pillars: Purpose, Product, and Partnership, which guide the design of technologies aimed at reducing emissions and promoting renewable energy adoption [3] - The company participates in global sustainability frameworks such as the UN Global Compact and aligns with TCFD and GRI standards, implementing an internal carbon pricing mechanism [5]
Ashland implements pricing actions across product portfolio in response to market volatility
Globenewswire· 2026-03-23 10:55
Core Viewpoint - Ashland Inc. is implementing global pricing actions across its product portfolios in response to volatility in energy markets, raw material costs, and logistics conditions due to the conflict in the Middle East [1][2]. Group 1: Pricing Actions - The company is adjusting pricing to manage costs and maintain reliable supply to customers under current market conditions [2]. - Pricing actions will vary by product and region, reflecting local market dynamics, contractual terms, and individual customer requirements [2]. Group 2: Operational Adjustments - Ashland is taking proactive measures across procurement, supply chain, and operations to actively manage costs [2]. - The company will continue to monitor market conditions closely and adjust pricing and actions as market dynamics evolve [2]. Group 3: Company Overview - Ashland Inc. is a global additives and specialty ingredients company serving various consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, personal care, and pharmaceuticals [3]. - The company employs approximately 2,900 individuals focused on developing innovative solutions for customers in over 100 countries [3].
Trane Technologies Recognized for Outstanding Corporate Integrity and Performance by Ethisphere and Just Capital
Businesswire· 2026-03-19 20:15
Core Insights - Trane Technologies has been recognized for its ethical leadership and stakeholder engagement, earning the title of one of the World's Most Ethical Companies® for the third consecutive year by Ethisphere and being named the top-performing company in the Construction & Materials industry by Just Capital [1][2]. Group 1: Recognition and Awards - Trane Technologies has received accolades for its commitment to integrity and sustainability, reflecting the efforts of its global teams [2]. - The Ethisphere recognition is based on a proprietary Ethics Quotient® that evaluates over 240 documented proof points related to ethics and compliance practices [2]. - A total of 138 companies were honored this year, representing 17 countries and 40 distinct industries [2]. Group 2: Stakeholder Engagement and Performance - Just Capital's rankings assess U.S. companies on performance across key stakeholder issues, including workers, customers, communities, the environment, and governance [3]. - The 2026 Industry Leaders ranking highlights how building trust among stakeholders can create competitive differentiation and societal value [3][4]. Group 3: Company Reputation and Performance - Trane Technologies is recognized for its transparency, credibility, and accountability, further solidifying its reputation for strong ethical performance [5]. - The company has also been included in Fortune's World's Most Admired Companies list for 14 consecutive years and CDP's A List for four straight years [5].
CIM Group Sells 177,434-Square-Foot Best Buy Plaza Shopping Center in North Dallas
Businesswire· 2026-03-19 15:02
Core Insights - CIM Group has sold the Best Buy Plaza, a retail shopping center of approximately 177,434 square feet located in North Dallas [1][3] Group 1: Property Details - Best Buy Plaza is situated on a 14.61-acre site, approximately seven miles north of the Dallas Central Business District, and was constructed in 1995 [2] - The shopping center is 100% leased and anchored by Best Buy, with additional tenants including Dick's Sporting Goods, Total Wine, Cavender's, and Hyper Kidz [3] Group 2: CIM Group's Investment Strategy - During its ownership, CIM Group invested in ongoing maintenance and enhancements through a program of capital improvements supported by its property management and marketing teams [3] - CIM Group has a community-focused investing approach, having delivered over $60 billion in essential real estate and infrastructure projects since 1994 [4]
Kimball Electronics Releases 2025 Annual Sustainability Report
Businesswire· 2026-03-19 13:15
Core Viewpoint - Kimball Electronics released its 2025 Guiding Principles Report, emphasizing its commitment to sustainability and progress in environmental, social, and governance (ESG) initiatives, while aligning with global frameworks and focusing on meaningful impacts for stakeholders and the environment [1][2][4]. Sustainability Initiatives - The report is structured according to the Amended European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD) and aligns with frameworks such as GRI Standards, SASB, UN SDGs, UNGC, and TCFD [3]. - The theme "Building Tomorrow, Together" reflects the company's leadership approach and commitment to sustainability alongside stakeholders [4]. Key Highlights - **Community Investment**: Achieved 115% of its annual giving target, donating $325,000 supported by over 3,050 volunteer hours [4]. - **Governance & Accountability**: Executives earned an Above Threshold multiplier for fiscal year 2025, linking compensation to sustainability targets and maintaining high ESG ratings, including S&P Global CSA 94th Percentile, EcoVadis Gold, and MSCI AA [4]. - **Health and Safety**: Reported a 22% reduction in Total Recordable Incident Rate, which is 83% lower than the U.S. industry average [4]. - **Water Stewardship**: Achieved 12% recycled water, aiming for one-third recycling globally by 2030, and improved CDP Water Security score to A- from B [4]. - **Zero Waste**: Achieved 92% beneficial use of waste and reduced hazardous waste intensity by 13% from the 2024 baseline [8]. - **Renewable Energy**: Increased renewable electricity to 37%, a 12% year-over-year rise, supporting a target of 100% renewable electricity by 2030 [8]. - **Climate Action**: Scope 1 and 2 emissions declined by 9.3% year-over-year, progressing towards a 42% absolute reduction target by 2030 and net zero by 2050 [8].
Ashland CFO to discuss current market environment at the Gabelli Funds’ 17th Annual Specialty Chemicals Symposium
Globenewswire· 2026-03-17 21:01
Group 1 - The symposium will feature discussions on industry dynamics, current trends, business fundamentals, and specialty chemicals investing [2] - William C. Whitaker, CFO of Ashland, will participate in a fireside chat and host one-on-one meetings with institutional investors [1] - Ashland is a global additives and specialty ingredients company focused on environmental, social, and governance (ESG) initiatives [2] Group 2 - Ashland serves a diverse range of markets including architectural coatings, construction, energy, food and beverage, personal care, and pharmaceuticals [2] - The company operates in over 100 countries with approximately 2,900 employees dedicated to solving complex problems for customers [2]
Rockland Announces Ms. Paula Caldwell St-Onge to its Board Of Directors
Thenewswire· 2026-03-13 12:00
Core Insights - Rockland Resources Ltd. has appointed Ms. Paula Caldwell St-Onge to its Board of Directors, enhancing its governance and strategic capabilities [1][4] - Ms. Caldwell St-Onge has over 30 years of experience in the public sector, with expertise in international relations, trade, governance, and environmental sciences [2][3] - The company is focused on mineral exploration and aims to unlock value through its flagship Cole Gold Mines project in Ontario's Red Lake district [5] Company Overview - Rockland Resources Ltd. is committed to delivering meaningful growth and long-term value to its shareholders through disciplined exploration and strategic project development [5] - The company has recently seen a change in its Board of Directors, with the resignation of Ms. Tracy Hughes [4] Board Member Expertise - Ms. Caldwell St-Onge has significant governance experience in the mining sector, having served as an independent director for publicly listed mining companies [3] - She holds a Masters in Business Administration focused on Leadership and Sustainability and has an Institute of Corporate Directors Designation from the University of Toronto [2]
BlackRock CEO Larry Fink says Iran war will not derail economy despite surging gas prices
New York Post· 2026-03-12 02:50
Core Viewpoint - BlackRock's CEO Larry Fink believes that the ongoing war with Iran will not have lasting economic consequences, despite the current surge in oil prices [1][2]. Market Impact - Fink noted that short-term volatility in energy prices due to the conflict does not concern BlackRock, as the firm manages $14.5 trillion primarily in long-dated investments [2]. - Gasoline prices have increased by 20% since the U.S. attack on Iran, with the national average now at $3.58 per gallon compared to $2.94 prior to the conflict [3]. Oil Price Predictions - Fink suggested that oil prices could potentially drop below $50 if Iran is neutralized and allowed to reenter the global oil market [4]. Investment Strategy - Fink advised against making drastic investment moves during the current volatility, suggesting that this situation presents a long-term buying opportunity [5]. Corporate Initiatives - Fink discussed the reevaluation of "woke" corporate initiatives, indicating that BlackRock has begun to roll back its diversity, equity, and inclusion (DEI) initiatives due to changes in the U.S. legal and policy environment [6][7]. - He expressed a more pragmatic approach today compared to five years ago, acknowledging a shift in societal perspectives [9].