Sustainability Accounting Standards Board

Forward Air Releases 2023 Environmental, Social and Governance Report

Retrieved on: 
Tuesday, November 7, 2023

Forward Air Corporation (NASDAQ: FWRD) (the “Company,” “Forward,” “we,” “our,” or “us”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress.

Key Points: 
  • Forward Air Corporation (NASDAQ: FWRD) (the “Company,” “Forward,” “we,” “our,” or “us”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress.
  • The 2023 ESG report includes measurable targets and data that reflect Sustainability Accounting Standards Board, Task Force on Climate-Related Financial Disclosures and Global Reporting Initiative guidance.
  • The report and ESG website are accessible through Forward's investor relations site here .
  • Forward is committed to making a positive impact on its business, its people and the environment.

StepStone Group Appoints David Park as Chief Financial Officer, Following Retirement of Johnny Randel

Retrieved on: 
Monday, November 6, 2023

Park has been appointed Chief Financial Officer (CFO), effective January 1, 2024.

Key Points: 
  • Park has been appointed Chief Financial Officer (CFO), effective January 1, 2024.
  • Mr. Park will be succeeding Johnny Randel, who has served as CFO since 2010, and is retiring at the end of the calendar year.
  • “I would like to thank Johnny for more than a decade of leadership, dedication, and strategic vision to StepStone,” said Monte Brem, StepStone’s Chairperson of the Board.
  • Together with Johnny, David helped guide StepStone through our initial public offering in September 2020, and is a key leader of our finance team.

Latham Group, Inc. Releases Second Annual Environmental, Social and Governance Report

Retrieved on: 
Wednesday, November 1, 2023

LATHAM, N.Y., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced the release of its 2022 Environmental, Social and Governance (“ESG”) Report.

Key Points: 
  • LATHAM, N.Y., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced the release of its 2022 Environmental, Social and Governance (“ESG”) Report.
  • “Our commitment to quality and service define everything we do at Latham, including our efforts to do right for the planet and make a positive impact for our people and our communities,” said Scott Rajeski, President and Chief Executive Officer of Latham.
  • Latham’s second annual ESG report is part of the Company’s commitment to maintain annual reporting on its ESG strategy and performance.
  • Latham’s ESG strategy and reporting references and aligns to globally recognized reporting standards, including the Sustainability Accounting Standards Board (“SASB”).

NETSCOUT Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, November 2, 2023

The Company’s operating margin (GAAP) was 13.4% in the second quarter of fiscal year 2024, versus 9.4% in the same period of fiscal year 2023.

Key Points: 
  • The Company’s operating margin (GAAP) was 13.4% in the second quarter of fiscal year 2024, versus 9.4% in the same period of fiscal year 2023.
  • Non-GAAP income from operations was $55.2 million with a non-GAAP operating margin of 28.0% in the second quarter of fiscal year 2024.
  • Updated Full Fiscal Year 2024 Outlook:
    On October 16, 2023, NETSCOUT announced an updated outlook for its full fiscal year 2024.
  • Conference Call Date and Instructions:
    NETSCOUT will host a corresponding conference call and live webcast to discuss its second quarter fiscal year 2024 financial results and financial outlook today at 8:30 a.m.

Atlassian Announces First Quarter Fiscal Year 2024 Results

Retrieved on: 
Thursday, November 2, 2023

Operating Loss and Operating Margin: Operating loss was $18.9 million for the first quarter of fiscal year 2024, compared with operating loss of $34.0 million for the first quarter of fiscal year 2023.

Key Points: 
  • Operating Loss and Operating Margin: Operating loss was $18.9 million for the first quarter of fiscal year 2024, compared with operating loss of $34.0 million for the first quarter of fiscal year 2023.
  • Operating margin was (2)% for the first quarter of fiscal year 2024, compared with (4)% for the first quarter of fiscal year 2023.
  • Net Loss and Net Loss Per Diluted Share: Net loss was $31.9 million for the first quarter of fiscal year 2024, compared with net loss of $13.7 million for the first quarter of fiscal year 2023.
  • Operating margin was 23% for the first quarter of fiscal year 2024, compared with 18% for the first quarter of fiscal year 2023.

Regis Corporation Reports Continued Profitability for the First Fiscal Quarter 2024 and the Review of Strategic Alternatives

Retrieved on: 
Wednesday, November 1, 2023

Matthew Doctor, Regis Corporation’s President and Chief Executive Officer, commented: "Our first quarter fiscal 2024 financial results reflect the continued improvements and progress we are making in our business.

Key Points: 
  • Matthew Doctor, Regis Corporation’s President and Chief Executive Officer, commented: "Our first quarter fiscal 2024 financial results reflect the continued improvements and progress we are making in our business.
  • Adjusted EBITDA improved to $7.5 million compared to $3.8 million in Q1 fiscal 2023, and we demonstrated positive net income from operations for the first time since fiscal 2018, with $1.2 million in the quarter.
  • In addition to the continued progress on profitability, we announced today that we will be reviewing strategic alternatives with the goal of strengthening our balance sheet and positioning Regis for growth.
  • This net debt level compares to an equivalent figure of $32 million in the fiscal quarter ended December 31, 2019.

Warrior Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Warrior Met Coal, Inc. (NYSE: HCC) (“Warrior” or the “Company”) today announced results for the third quarter of 2023.

Key Points: 
  • Warrior Met Coal, Inc. (NYSE: HCC) (“Warrior” or the “Company”) today announced results for the third quarter of 2023.
  • Warrior reported net income for the third quarter of 2023 of $85.4 million, or $1.64 per diluted share, a decrease from net income of $98.4 million, or $1.90 per diluted share, in the third quarter of 2022.
  • The Company reported Adjusted EBITDA of $145.8 million in the third quarter of 2023 compared to Adjusted EBITDA of $171.6 million in the third quarter of 2022.
  • Cost of sales for the third quarter of 2023 were $260.4 million compared to $203.4 million for the third quarter of 2022.

Westlake Releases 2022 Environmental, Social and Governance Report

Retrieved on: 
Tuesday, October 31, 2023

Westlake Corporation (NYSE: WLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company’s sixth annual update on sustainability advances and initiatives in products and operations.

Key Points: 
  • Westlake Corporation (NYSE: WLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company’s sixth annual update on sustainability advances and initiatives in products and operations.
  • This year, the report includes certain metrics established by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB).
  • Further, in the fourth quarter of 2022, Westlake performed a Task Force on Climate-Related Disclosures (TCFD) Gap Assessment, and the 2022 ESG report includes the company’s first TCFD disclosures, thus laying the groundwork to work toward reporting against the TCFD standards.
  • Further information and the 2022 ESG Report be found in the Westlake website section on Environmental, Social and Governance (ESG) .

Fosun International Awarded "Best Environmental, Social and Governance Reporting Awards" by The Hong Kong Management Association

Retrieved on: 
Monday, November 6, 2023

HONG KONG, Nov. 6, 2023 /PRNewswire/ -- On 2 November 2023, The Hong Kong Management Association (HKMA) held the "2023 Best Annual Reports Awards" ceremony in Hong Kong.

Key Points: 
  • HONG KONG, Nov. 6, 2023 /PRNewswire/ -- On 2 November 2023, The Hong Kong Management Association (HKMA) held the "2023 Best Annual Reports Awards" ceremony in Hong Kong.
  • Fosun International was awarded the "Best Environmental, Social and Governance Reporting Awards" by HKMA, in recognition of the company's outstanding performance in ESG strategy, environmental protection, social responsibility, corporate governance and information disclosure by authoritative organization.
  • Fosun has always emphasized that corporate leaders should attach importance to ESG governance and establish an accountability system.
  • Fosun International received an AA MSCI ESG rating and was the only conglomerate in Greater China with such rating.

AGNC Investment Corp. Publishes Third Annual Environmental, Social & Governance Report and Announces Great Place to Work® Certification

Retrieved on: 
Friday, November 3, 2023

BETHESDA, Md., Nov. 3, 2023 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that it has published its third annual Environmental, Social & Governance (ESG) Report.

Key Points: 
  • BETHESDA, Md., Nov. 3, 2023 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that it has published its third annual Environmental, Social & Governance (ESG) Report.
  • "We are proud to announce the release of our third annual ESG Report.
  • AGNC also announced today that it has been certified as a Great Place To Work® for the second time.
  • Ninety-six percent of AGNC employees say AGNC is a great place to work, which is 39 percentage points higher than the average for a typical U.S. based company1.