MSCI

STL continues to strengthen customer partnerships and operating performance in H1 FY24

Retrieved on: 
Thursday, October 26, 2023
Digital, Yoy, Cable gland, Optics, ESG, Windstream Holdings, Quarter, STL, Synthetic media, NSE, Enterprise, Growth, Public sector, TruVista Communications, Partnership, State Street Bank and Trust Company, USD, AOC, Calendar, India Mobile Congress, 3D printing, EBITDA, MSCI

Focusing on operational efficiencies and improved realisation, the company recorded a 13% YoY growth in EBITDA in the first half of FY24.

Key Points: 
  • Focusing on operational efficiencies and improved realisation, the company recorded a 13% YoY growth in EBITDA in the first half of FY24.
  • STL gained momentum in India and EMEA with its Optical Fibre Cable, Optical Connectivity, and Enterprise offerings, with nearly ~72% of its revenue coming from these markets.
  • STL maintained industry-leading EBITDA margins of ~20.8% for its Optical Networking Business, clocking 8% YoY growth in the first half of FY24.
  • In this crucial quarter, the company accelerated its focus on long-term success drivers of deep customer partnerships, sustainability and product innovation.

STL continues to strengthen customer partnerships and operating performance in H1 FY24

Retrieved on: 
Thursday, October 26, 2023
Digital, Yoy, Cable gland, Optics, ESG, Windstream Holdings, Quarter, STL, Synthetic media, NSE, Enterprise, Growth, Public sector, TruVista Communications, Partnership, State Street Bank and Trust Company, USD, AOC, Calendar, India Mobile Congress, 3D printing, EBITDA, MSCI

Focusing on operational efficiencies and improved realisation, the company recorded a 13% YoY growth in EBITDA in the first half of FY24.

Key Points: 
  • Focusing on operational efficiencies and improved realisation, the company recorded a 13% YoY growth in EBITDA in the first half of FY24.
  • STL gained momentum in India and EMEA with its Optical Fibre Cable, Optical Connectivity, and Enterprise offerings, with nearly ~72% of its revenue coming from these markets.
  • STL maintained industry-leading EBITDA margins of ~20.8% for its Optical Networking Business, clocking 8% YoY growth in the first half of FY24.
  • In this crucial quarter, the company accelerated its focus on long-term success drivers of deep customer partnerships, sustainability and product innovation.

Lotus Technology releases first ESG report, targets carbon neutrality by 2038

Retrieved on: 
Thursday, October 26, 2023
Carbon, L Catterton, Sustainability accounting, United Nations Global Compact, Sustainability, ESG, Development, SUV, LOT, MSCI, Acquisition, Environmental, social, and corporate governance, Biophysical environment, Sustainability Accounting Standards Board, Equality, United Nations Sustainable Development Group, Tripura Merger Agreement, Mergers and acquisitions, BEV, Ecosystem, LCAA, CO2, Kilowatt-hour, GRI, Social change, Sustainable Development Goals, Renewable energy, Lotus

NEW YORK and SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, today released its first annual Environmental, Social, and Governance ("ESG") Report .

Key Points: 
  • NEW YORK and SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, today released its first annual Environmental, Social, and Governance ("ESG") Report .
  • The Company's strategy focuses on six key fields: Nature Positive, Climate Neutrality, Sustainable Supply Chain, Inclusion and Equality, Community Commitment, and Transparent Governance.
  • In order to achieve carbon neutrality across its value chain by 2038, the Company has established an advanced digital carbon emissions management system to analyze its carbon footprint at both the organizational and product levels.
  • Upon completion of the business combination, the combined company is expected to retain Lotus Tech's name as "Lotus Technology Inc." and is expected to be listed on the Nasdaq under the ticker symbol "LOT."

Curtain Closes on the Region's First Sustainable Finance Conference Ahead of the City's Preparations for COP28

Retrieved on: 
Wednesday, October 25, 2023
Credible, Risk, Imperial Bank of China, Islam, Solar energy, Attention, Chamber of commerce, Anchor, ESG, S&P Global, Fintech, MENA, 2019 UN Climate Action Summit, Chalhoub Group, PwC, Commerce, Corporation, Strategic management, Credibility, Electricity, Correspondent, LSEG, Biophysical environment, Social, Mashriq, Climate change, Environment, CNBC, Commercial bank, DFSA, Green industrial policy, FIN Atlantic Film Festival, Parable of those who associate partners with God, Path, The Ritz-Carlton Hotel Company, Commercial Bank of Dubai, United States Chamber of Commerce, Renewable energy, Management, Policy, MSCI

Topics of deliberations ranged from navigating the landscape of sustainable and Islamic finance to integrating ESG into decision-making empowering sustainability through digital transformation and more.

Key Points: 
  • Topics of deliberations ranged from navigating the landscape of sustainable and Islamic finance to integrating ESG into decision-making empowering sustainability through digital transformation and more.
  • The fireside chat on "The Path to Making Dubai a Global Sustainable Finance Hub."
  • Moderated by Amal Larhlid, Partner Sustainability, PwC focused on the scope of sustainable finance driving Dubai as a global player in the sustainable financing sector.
  • The event further showcased the unwavering commitment towards global sustainability efforts by driving collaboration and innovations towards shaping a sustainable future.

Nuant Boosts Digital Assets Platform with MSCI Datonomy™ Capabilities: Pioneering a New Chapter in Digital Asset Sector Classification

Retrieved on: 
Thursday, October 26, 2023
Goldman Sachs, Derivative, Digital asset, Risk management, Classification, Professional, Asset management, Cryptocurrency, MSCI

Nuant Boosts Digital Assets Platform with MSCI Datonomy™ Capabilities: Pioneering a New Chapter in Digital Asset Sector Classification

Key Points: 
  • Nuant Boosts Digital Assets Platform with MSCI Datonomy™ Capabilities: Pioneering a New Chapter in Digital Asset Sector Classification
    The issuer is solely responsible for the content of this announcement.
  • The collaboration sets a new benchmark by offering institutions in-depth sector classifications for digital assets, facilitated through MSCI datonomy™.
  • Through this initiative, digital asset funds and institutions using Nuant’s platform can expect enhanced clarity into digital asset sectors to help streamline both investment decisions and risk management.
  • Through amplified visibility on Nuant’s platform, MSCI's datonomy™ can offer institutions a more unified sectoral classification in digital assets.

ABB Ltd: Q3 2023 results

Retrieved on: 
Thursday, October 26, 2023
Power management integrated circuit, Way, ABB, Sustainability, ESG, Pressure, Automation, AAA, Engineering, Software, Growth, EPS, Business process automation, Book-to-bill ratio, Partnership, MSCI, Weakness, Recycling, Operational definition, Retail, Campus, Robotics, Northvolt

For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q3 2023 Financial Information.

Key Points: 
  • For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q3 2023 Financial Information.
  • Going forward we will continuously review the product groups within all divisions to optimize the portfolio as part of the ABB Way operating model.
  • In the fourth quarter of 2023, we anticipate low- to mid single digit comparable revenue growth.
  • ABB (ABBN: SIX Swiss Ex) is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future.

EQS-News: KION Group delivers strong earnings and free cash flow in the first nine months of 2023 and raises outlook

Retrieved on: 
Thursday, October 26, 2023
Consolidated, Adjustment, ITS, RTÉ Executive Board, Frankfurt, AAA, KION Group, TVS Supply Chain Solutions, EBIT, Supply, KION, ROCE, Video game, Cryptocurrency, Retail, Renewable energy, Fine chemical, Service, MSCI

“The significant upward trajectory of KION Group is once again underscored by these strong results for the first nine months of this year”, says Rob Smith, Chief Executive Officer of KION GROUP AG.

Key Points: 
  • “The significant upward trajectory of KION Group is once again underscored by these strong results for the first nine months of this year”, says Rob Smith, Chief Executive Officer of KION GROUP AG.
  • The Group generated free cash flow of €329.3 million (Q1–Q3 2022: € minus 971.9 million) during the reporting period.
  • In the third quarter of 2023, the KION Group once again significantly increased its earnings and margins compared with the corresponding quarter of 2022.
  • The outlook had originally been published on March 2, 2023 and was most recently updated in July 2023.

EQS-News: Gerresheimer AG: Gerresheimer awarded EcoVadis Gold status again

Retrieved on: 
Thursday, October 26, 2023
CERES, Science Based Targets initiative, International Labour Organization, CSR, Sound, United Nations Global Compact, Science, Paris, Gold, ILO, Targets, Social responsibility, CDP, Business, MSCI, CO2, GRI, Paris Agreement, UN, ISS, ISO, Pharmaceutical industry, Management, Risk management

Duesseldorf, October 18, 2023 Gerresheimer, an innovative provider of systems and solutions and a global partner for the pharma, biotech, and cosmetic industries, has once again been awarded Gold status by the ratings agency EcoVadis.

Key Points: 
  • Duesseldorf, October 18, 2023 Gerresheimer, an innovative provider of systems and solutions and a global partner for the pharma, biotech, and cosmetic industries, has once again been awarded Gold status by the ratings agency EcoVadis.
  • “We are delighted to have received Gold status again,” says Dietmar Siemssen, CEO of Gerresheimer AG.
  • Gerresheimer achieved Gold status for the first time in 2022.
  • Gerresheimer publishes a sustainability report every year and discloses relevant data on the EcoVadis platform and as part of the CDP rating.

Alzheimer’s Leaders Discuss How to Shift Science into Clinical Practice During National Alzheimer’s Summit

Retrieved on: 
Friday, October 20, 2023
Fillit, Science, FDA, Policy, Food, Heart, Medicare, Government, Climate Change Act 2008, Doctor of Philosophy, Deficit spending, Entrepreneurship, Health, PET, Summit, Clinical trial, Health equity, Ecosystem, Doctor of Science, Centers for Medicare & Medicaid Services, Patient, Diagnosis, CMS, Vanderbilt University Medical Center, John Douglas, Pharmaceutical industry, Vaccine, MD, MSCI

Washington, DC, Oct. 20, 2023 (GLOBE NEWSWIRE) -- UsAgainstAlzheimer’s this week hosted the 2023 National Alzheimer’s Summit , a groundbreaking event dedicated to applying recent scientific and policy breakthroughs to real-world clinical practice.

Key Points: 
  • Washington, DC, Oct. 20, 2023 (GLOBE NEWSWIRE) -- UsAgainstAlzheimer’s this week hosted the 2023 National Alzheimer’s Summit , a groundbreaking event dedicated to applying recent scientific and policy breakthroughs to real-world clinical practice.
  • This virtual summit brought together leading healthcare professionals, researchers, policymakers, and advocates on October 17 and 18.
  • “It’s time to shift science into practice.
  • What does that mean?” asked George Vradenburg, Chair and Co-founder of UsAgainstAlzheimer’s at the start of the Summit.

Vipshop's MSCI ESG Rating Upgraded to AA, Recognized for its Sustainable Development Capabilities

Retrieved on: 
Wednesday, October 25, 2023
AA, NYSE, ESG, CCC, BB, AAA, Carbon, Faith and Beauty Society, Carbon accounting, Multimedia, BBB, Ecosystem, Partnership, MSCI, Mother, VIPS, Philosophy, Climate change, Renewable energy, Management, Vipshop

The significant upgrade underscores the international capital market's endorsement of Vipshop's robust ESG management efforts and highlights its commendable progress in sustainable development practices.

Key Points: 
  • The significant upgrade underscores the international capital market's endorsement of Vipshop's robust ESG management efforts and highlights its commendable progress in sustainable development practices.
  • MSCI stands out as a premier global authority in ESG index ratings.
  • MSCI ESG Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC).
  • The Company's ESG strategy, dubbed "co-creation of a new sustainable life," emphasizes five areas: New Sustainable Choices, Happy Consumption, Proactive Inclusivity, Beautiful Society, Dependable Compliance.