Corporate social responsibility

SMBC Announces Building Resilient Futures to Enrich Youth Through the Power of the Outdoors

Retrieved on: 
Thursday, February 29, 2024

The Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation, part of SMBC Group, is helping increase access to outdoor-based programs that develop resiliency and enable younger generations to lead bright futures with the launch of SMBC Building Resilient Futures (BRF), announced today.

Key Points: 
  • The Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation, part of SMBC Group, is helping increase access to outdoor-based programs that develop resiliency and enable younger generations to lead bright futures with the launch of SMBC Building Resilient Futures (BRF), announced today.
  • SMBC’s pilot commitment will support an estimated 750 youths this year, in partnership with American Camp Association, Change Summer, and Outward Bound.
  • The partnership will offer access to outdoor programs that aim to enhance confidence, character, and well-being through a deeper connection to peers and the outdoors.
  • Following the inaugural BRF cohort, SMBC plans to expand the program to serve more young people across the Americas.

Genesis Bank Partners With Fiserv to Support Businesses in Low- and Moderate-Income Communities

Retrieved on: 
Tuesday, February 20, 2024

Genesis Bank (“Genesis” or the “Bank”), announced today that Genesis and Fiserv, Inc. (NYSE:FI) will partner to offer businesses located primarily in low- and moderate-income (“LMI”) communities access to Clover point-of-sale (“POS”) technology, with zero entry costs and significantly discounted subscription fees.

Key Points: 
  • Genesis Bank (“Genesis” or the “Bank”), announced today that Genesis and Fiserv, Inc. (NYSE:FI) will partner to offer businesses located primarily in low- and moderate-income (“LMI”) communities access to Clover point-of-sale (“POS”) technology, with zero entry costs and significantly discounted subscription fees.
  • The popular Clover point-of-sale and business management system from Fiserv enables small- and mid-sized businesses to accept payments and run their business while also offering capabilities to enhance customer experience and streamline operations.
  • As the underlying nature and complexity of technology continues to evolve, gaining access to advanced POS systems has become essential for businesses to effectively operate, compete, and grow.
  • Accordingly, we believe this affordable Clover offering will further support our mission to make an impact in the diverse, entrepreneurial LMI communities we serve across Southern California.

Genesis Bank and Fiserv Partner to Strengthen Small Businesses in Local Communities

Retrieved on: 
Tuesday, February 20, 2024

Beginning this month, small businesses located primarily in low-to-moderate income (LMI) communities served by Southern California-based Genesis Bank will have access to customized technology bundles.

Key Points: 
  • Beginning this month, small businesses located primarily in low-to-moderate income (LMI) communities served by Southern California-based Genesis Bank will have access to customized technology bundles.
  • “We are incredibly excited to be partnering with Fiserv to offer this low-cost retail solutions bundle to small- and mid-sized businesses,” said Stephen H. Gordon, Chairman and Chief Executive Officer of Genesis Bank.
  • Genesis Bank recognizes cost burden as being a significant barrier to gaining access to such essential technology, especially for the diverse small business owners and entrepreneurs that have historically been underserved.
  • Small businesses interested in learning more about accessing Clover with no entry costs can visit https://www.mygenesisbank.com/cloverbundle .

The future of automotive retail arrives in Canada at Mercedes-Benz Kelowna

Retrieved on: 
Friday, March 8, 2024

A new design concept showcasing Mercedes-Benz's vision for the future of automotive retail makes its Canadian debut at Mercedes-Benz Kelowna.

Key Points: 
  • A new design concept showcasing Mercedes-Benz's vision for the future of automotive retail makes its Canadian debut at Mercedes-Benz Kelowna.
  • KELOWNA, BC, March 8, 2024 /CNW/ - The new Mercedes-Benz concept for automotive retail makes its Canadian debut at Mercedes-Benz Kelowna.
  • The team at Mercedes-Benz Kelowna has invested in the future of automotive retail and enhanced the dealership experience for our customers in the process.
  • "Our team at Mercedes-Benz Kelowna put in a lot of hard work to bring this new retail concept to Canada.

New actions from RBC to support client decarbonization efforts and the transition to a greener economy

Retrieved on: 
Wednesday, March 6, 2024

These actions are included as part of the release of the RBC Climate Report 2023 , an annual update from the bank on progress made against the bank's climate strategy.

Key Points: 
  • These actions are included as part of the release of the RBC Climate Report 2023 , an annual update from the bank on progress made against the bank's climate strategy.
  • "The actions we are announcing today will help support our clients in their efforts to reduce emissions, contribute to bringing more renewable energy online and provide needed capital to innovative climate solutions."
  • Absolute emissions from the oil & gas sector must decline over time as part of the transition to a net-zero economy.
  • This includes support for clients' decarbonization efforts alongside the acceleration of the bank's strategy to prioritize working with clients who are proactively taking steps to decarbonize.

Ekinops' 2023 annual results: EBITDA margin of 14.4%

Retrieved on: 
Tuesday, March 5, 2024

Revenue generated by Software & Services rose by +12% in 2023, driven by sales of network virtualization solutions, SD-WAN solutions and services.

Key Points: 
  • Revenue generated by Software & Services rose by +12% in 2023, driven by sales of network virtualization solutions, SD-WAN solutions and services.
  • In this complex economic environment, gross margin amounted to 67.3 m€ in 2023, same as the previous year (67.6 m€).
  • EBITDA1 margin was 14.4% in 2023, compared with a record-high level of 17.7% in the previous year.
  • Operating cash flow of 13.5 m€ in 2023, 7.8 m€ in total cash generation
    FY 2023 illustrates Ekinops' ability to generate cash through its business.

BMO Named One of the World's Most Ethical Companies by Ethisphere

Retrieved on: 
Monday, March 4, 2024

TORONTO and CHICAGO, March 4, 2024 /PRNewswire/ - BMO has been recognized as one of the World's Most Ethical Companies for the seventh consecutive year by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Key Points: 
  • TORONTO and CHICAGO, March 4, 2024 /PRNewswire/ - BMO has been recognized as one of the World's Most Ethical Companies for the seventh consecutive year by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
  • BMO is one of four banks worldwide, three banks in the U.S., and the only bank in Canada to be recognized in 2024.
  • BMO is also the only bank in Canada to be recognized with this award since its inception in 2007.
  • "It's always inspiring to recognize the World's Most Ethical Companies®.

TD named a 2024 S&P Global Sustainability Yearbook Member

Retrieved on: 
Thursday, February 29, 2024

TORONTO, Feb. 29, 2024 /CNW/ - TD Bank Group (TD) is proud to be named an S&P Global Sustainability Yearbook Member in 2024, recognizing the Bank's performance on a range of sustainability indicators.

Key Points: 
  • TORONTO, Feb. 29, 2024 /CNW/ - TD Bank Group (TD) is proud to be named an S&P Global Sustainability Yearbook Member in 2024, recognizing the Bank's performance on a range of sustainability indicators.
  • Based on the S&P Global Corporate Sustainability Assessment (CSA) Score, Sustainability Yearbook Members are companies that place within the top 15% of their industry and achieve a minimum CSA Score above 30 falling within 30% of the industry's top-performing company.
  • To learn more about the assessment criteria, please visit the S&P Global Sustainability Yearbook Methodology page.
  • "As we focus on making progress towards the goals we have set, the recognition of TD's work in the S&P Global Sustainability Yearbook once again speaks to the importance of these efforts and the progress we're making on our journey."

Calumet Recognized by EcoVadis for Commitment to Sustainability

Retrieved on: 
Thursday, February 29, 2024

INDIANAPOLIS, Feb. 29, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) has been recognized by EcoVadis for its Corporate Social Responsibility (CSR) commitment.

Key Points: 
  • INDIANAPOLIS, Feb. 29, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) has been recognized by EcoVadis for its Corporate Social Responsibility (CSR) commitment.
  • The company received the Committed to Sustainability Badge, while its facilities in Louisiana, Pennsylvania and Texas received EcoVadis silver medal awards.
  • The award showcases Calumet's commitment to improved quality and sustainability , business ethics, respect for environment, human rights and purchasing practices.
  • "Calumet is committed to improving the world through practical advances in sustainability," said Scott Obermeier, EVP Specialties.

Axon 2023 Revenue Grows 31% to $1.56 Billion

Retrieved on: 
Tuesday, February 27, 2024

Axon delivered annual revenue of $1.56 billion and net income of $174 million in 2023.

Key Points: 
  • Axon delivered annual revenue of $1.56 billion and net income of $174 million in 2023.
  • Axon continues to grow our research and development ("R&D") footprint to invest in several multi-year growth opportunities, and our R&D expenses grew roughly in-line with revenue.
  • 2023 revenue and Adjusted EBITDA margin exceeded our expectations and reflect record performance for our company.
  • — Rick Smith, Axon Founder and CEO
    Following the launch of TASER 10 in January 2023, we introduced Axon Body 4 in April 2023, which has quickly become our fastest selling body camera product to date.