United Nations Global Compact

Fluence Named an Official UN Global Compact Signatory Member

Retrieved on: 
Thursday, November 30, 2023

ARLINGTON, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimization software for renewables and storage, announced today that Fluence has been accepted as an official United Nations Global Compact signatory member, well ahead of the 2024-2025 timeline outlined in Fluence’s 2022 Sustainability Report.

Key Points: 
  • ARLINGTON, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimization software for renewables and storage, announced today that Fluence has been accepted as an official United Nations Global Compact signatory member, well ahead of the 2024-2025 timeline outlined in Fluence’s 2022 Sustainability Report.
  • The UN Global Compact is the world's largest corporate sustainability initiative, calling on companies to align their operations and strategies with the Ten Principles of the UN Global Compact in the areas of human rights, labor, environment, and anti-corruption.
  • “Fluence has joined more than 17,000 companies and organizations around the world that have signed the UN Global Compact and are committed to responsible corporate citizenship and sustainability.
  • We are excited to collaborate with like-minded companies, non-governmental organizations, and other stakeholders through the Global Compact network to exchange best practices and drive positive change.”
    As a signatory, Fluence will complete an annual Communication on Progress submission, demonstrating progress in working towards the Ten Principles of the Global Compact.

Ashland announces validation of comprehensive science-based greenhouse gas emissions reductions targets

Retrieved on: 
Thursday, November 30, 2023

WILMINGTON, Del., Nov. 30, 2023 (GLOBE NEWSWIRE) -- The Science Based Targets initiative (SBTi) has validated the science-based greenhouse gas (GHG) emissions reductions targets submitted by Ashland Inc. (NYSE: ASH) as conforming with the SBTi Criteria and Recommendations.

Key Points: 
  • WILMINGTON, Del., Nov. 30, 2023 (GLOBE NEWSWIRE) -- The Science Based Targets initiative (SBTi) has validated the science-based greenhouse gas (GHG) emissions reductions targets submitted by Ashland Inc. (NYSE: ASH) as conforming with the SBTi Criteria and Recommendations.
  • The company has joined more than 6,500 businesses who have committed to the SBTi to reduce emissions in line with climate science.
  • “Ashland is proud to announce our ambitious science-based targets that reflect our purpose to responsibly solve for a better world,” said Guillermo Novo, chair and chief executive officer, Ashland.
  • Reducing our GHG emissions helps mitigate climate change and our actions contribute to our customers sustainability goals.”
    The Science Based Targets initiative (SBTi) is a global body enabling companies and financial institutions to set ambitious emissions reduction targets in line with the latest climate science.

Training seafarers for a decarbonized future

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Thursday, November 30, 2023

IMO is comprehensively reviewing and revising its key treaty for seafarer training, the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW), with input from industry, and seafarers’ unions.

Key Points: 
  • IMO is comprehensively reviewing and revising its key treaty for seafarer training, the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW), with input from industry, and seafarers’ unions.
  • Future alternative fuel technologies, such as hydrogen, ammonia and methanol, means there is a vital need to up-skill all seafarers.
  • Lloyd’s Register will develop the training framework for seafarers and officers, as well as an instructor handbook for maritime training institutions.
  • Phase 1 delivered a DNV-led report Seafarer training and skills for decarbonized shipping on how best to support the maritime workforce in making the shift to a decarbonized shipping industry, highlighting the need to accelerate training for alternative fuels.

Iveco Group joins the United Nations Global Compact

Retrieved on: 
Thursday, November 30, 2023

Iveco Group (EXM: MI) announces that its application to join the United Nations Global Compact initiative, the world’s largest corporate sustainability initiative, has been approved.

Key Points: 
  • Iveco Group (EXM: MI) announces that its application to join the United Nations Global Compact initiative, the world’s largest corporate sustainability initiative, has been approved.
  • As a Signatory of the UN Global Compact, Iveco Group joins thousands of other companies worldwide that are committed to taking responsible business action to create a sustainable future.
  • By joining the UN Global Compact, Iveco Group reaffirms its commitment to sustainable business practices and its dedication to making a positive impact to advance a more sustainable society.
  • Gerrit Marx, CEO, Iveco Group, commented on the announcement: “Joining the UN Global Compact is a significant step for Iveco Group.

Media Advisory: African Private Sector Reception at COP 28 to Propel Collaborative Strategies for Sustainable Development

Retrieved on: 
Wednesday, November 29, 2023

The African Private Sector Reception at COP 28, jointly hosted by the UN Global Compact Africa Business Leaders Coalition (ABLC) and Airtel Africa plc, will convene top-tier executives, heads of private sector entities, heads of states, government officials, and intergovernmental organization representatives to discuss initiatives to propel climate action and sustainable development across Africa.

Key Points: 
  • The African Private Sector Reception at COP 28, jointly hosted by the UN Global Compact Africa Business Leaders Coalition (ABLC) and Airtel Africa plc, will convene top-tier executives, heads of private sector entities, heads of states, government officials, and intergovernmental organization representatives to discuss initiatives to propel climate action and sustainable development across Africa.
  • It will serve as a platform for the private sector to share insights on the regulation required to propel trade and investment into Africa.
  • The coalition has been instrumental in driving collective climate action through the Africa Business Leaders’ Climate Statement endorsed at COP 27.
  • Operating across 14 African countries, Airtel Africa plays a crucial role in propelling the coalition towards achieving its ambitious climate goals.

Media Advisory: UN Global Compact to Accelerate Private Sector Climate Action at COP28

Retrieved on: 
Monday, November 27, 2023

The UN Global Compact focus at COP28 is to advance private sector action to cut emissions, accelerate a just transition to a green economy, and invest in adaptation and resilience for a liveable planet through the Forward Faster Initiative .

Key Points: 
  • The UN Global Compact focus at COP28 is to advance private sector action to cut emissions, accelerate a just transition to a green economy, and invest in adaptation and resilience for a liveable planet through the Forward Faster Initiative .
  • As part of the COP28 programme, the UN Global Compact and its Networks will hold several sessions aligned to the meeting’s thematic areas.
  • Most of the sessions will take place at the COP28 Blue Zone, which is accessible to UNFCCC-accredited media.
  • The Africa Business Leaders Coalition presents the African Private Sector Reception.

Ashland publishes 2022 Environmental, Social and Governance Report online, sets stage for comprehensive Science Based Targets

Retrieved on: 
Tuesday, November 21, 2023

The report also frames the company’s progress across a materiality assessment that maps the interconnectivity between ESG pillars and core business practices.

Key Points: 
  • The report also frames the company’s progress across a materiality assessment that maps the interconnectivity between ESG pillars and core business practices.
  • Year-on-year progress and a dedicated focus to deliver improvements continue to demonstrate Ashland’s long-term commitment to responsibly solving for a better world .
  • This report sets the stage for Ashland’s soon-to-be-released Science-Based Targets that are aligned with the ambitious aim of the Paris Climate Accord to limit global temperature rise to 1.5°C above preindustrial levels.
  • By committing, Ashland joins more than 24,000 signatories based in over 160 countries and 69 local networks.

Venator Awarded Prestigious Gold Medal from EcoVadis for Sustainability Performance

Retrieved on: 
Friday, December 22, 2023

WYNYARD, UK, Dec. 22, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company"), announced today that it has achieved a Gold Medal from EcoVadis, the world's most trusted provider of business sustainability ratings. This recognition marks a significant improvement from the preceding year's Silver Medal accolade, showcasing Venator's commitment to sustainability and environmental stewardship.

Key Points: 
  • WYNYARD, UK, Dec. 22, 2023 /PRNewswire/ -- Venator Materials PLC ("Venator" or the "Company"), announced today that it has achieved a Gold Medal from EcoVadis, the world's most trusted provider of business sustainability ratings.
  • This recognition marks a significant improvement from the preceding year's Silver Medal accolade, showcasing Venator's commitment to sustainability and environmental stewardship.
  • Venator's elevation to a Gold Medal reflects the company's enhanced performance in these critical areas, positioning it among the top 4% of companies rated globally.
  • The EcoVadis Gold Medal is testament to Venator's efforts and dedication to sustainable practices, exemplifying the company's strategic initiatives and policies aimed at minimizing environmental impact across its entire operation.

EcoVadis ranks Outokumpu among the top 1% of companies assessed with a Platinum rating

Retrieved on: 
Friday, December 22, 2023

HELSINKI, Dec. 22, 2023 /PRNewswire/ -- Outokumpu, the global leader in sustainable stainless steel, has received the highest Platinum level recognition from the sustainability rating platform EcoVadis.

Key Points: 
  • HELSINKI, Dec. 22, 2023 /PRNewswire/ -- Outokumpu, the global leader in sustainable stainless steel, has received the highest Platinum level recognition from the sustainability rating platform EcoVadis.
  • Today, Outokumpu ranks among the top 1% of more than 100,000 companies assessed based on its strong performance in sustainability.
  • This is not the first time Outokumpu receives the Platinum recognition, but this year, Outokumpu scored its all-time high points.
  • "We are proud to see our commitment to sustainability being recognized to be among the top 1% of companies assessed by EcoVadis.

NaaS Won the "Best Listed Company at ESG Information Disclosure"

Retrieved on: 
Friday, December 22, 2023

NaaS (NASDAQ: NAAS) won the "Best Listed Company at ESG Information Disclosure".

Key Points: 
  • NaaS (NASDAQ: NAAS) won the "Best Listed Company at ESG Information Disclosure".
  • As the winner of "Best Listed Company at ESG Information Disclosure", NaaS not only integrates ESG into corporate development philosophy for daily operation, but also takes the lead in jointly publishing industry reports with authoritative organizations and enterprises to share the latest research results of China in the field of carbon inclusion with the world.
  • With green sources, stations and uses, the company enables green and low-carbon operation in all sectors of charging services.
  • In October, NaaS joined the United Nations Global Compact (UNGC), which is another great achievement in ESG.