CDP

EQS-News: Negative market environment strongly impacts 2023 earnings – implementation of performance program exceeds plan

Retrieved on: 
Wednesday, April 10, 2024

The largely absent recovery in the textile and clothing industry had a negative impact across the entire sector.

Key Points: 
  • The largely absent recovery in the textile and clothing industry had a negative impact across the entire sector.
  • Prices for wood-based specialty fibers were also down slightly due to weaker demand, particularly from brands and retailers, as well as additional market capacity.
  • Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 25.4 percent year-on-year to reach EUR 303.3 mn in the reporting year.
  • Earnings after tax amounted to minus EUR 593 mn (compared with minus EUR 37.2 mn in 2022) and earnings per share to minus EUR 20.02 (compared with minus EUR 2.75 in 2022).

EQS-News: SIMONA signs Commitment Letter of the Science Based Targets initiative

Retrieved on: 
Wednesday, April 10, 2024

Demonstrating its firm commitment to a sustainable and low-carbon future, SIMONA has officially announced its participation in the Science Based Targets initiative (SBTi).

Key Points: 
  • Demonstrating its firm commitment to a sustainable and low-carbon future, SIMONA has officially announced its participation in the Science Based Targets initiative (SBTi).
  • The SIMONA Group has established its intent to take concrete measures aimed at validating its pathway to CO2 reduction.
  • The commitment to the Science Based Targets initiative represents a significant milestone for the SIMONA Group in its efforts to ensure that the company's carbon footprint is reduced effectively, thereby making a positive contribution to global climate change mitigation.
  • Our involvement in the Science Based Target initiative reflects our commitment to environmental responsibility and to setting long-term, quantifiable and science-based targets."

EQS-News: “Ready to join?”: Lenzing presents combined annual and sustainability report 2023

Retrieved on: 
Wednesday, April 10, 2024

Lenzing – The Lenzing Group, a leading global producer of regenerated cellulosic fibers for the textile and nonwovens industries, has published a combined annual and sustainability report for the first time, reaffirming the strategic importance of social and environmental responsibility for the company.

Key Points: 
  • Lenzing – The Lenzing Group, a leading global producer of regenerated cellulosic fibers for the textile and nonwovens industries, has published a combined annual and sustainability report for the first time, reaffirming the strategic importance of social and environmental responsibility for the company.
  • “This annual and sustainability report is also an invitation to find answers together.
  • In its sustainability reporting for 2022 and 2023, Lenzing also took into account core elements of the new European Sustainability Reporting Standards (ESRS).
  • The results for the 2023 financial year were published in a separate press release, which you can read here: https://www.lenzing.com/newsroom/press-releases .

EQS-News: Mayr-Melnhof Karton AG: MM Group on CDP Supplier Engagement Leaderboard

Retrieved on: 
Wednesday, April 10, 2024

We are excited to be one of the 450+ companies that have made it onto CDP's 2023 Supplier Engagement Leaderboard. The Leaderboard highlights companies that are proactively working with their suppliers to ensure climate change action cascades down their supply chains through supplier engagement, governance, Scope 3 emissions accounting and target-setting. By engaging our suppliers on climate change, we are playing a crucial role in the transition towards a net-zero economy.
-------------------------------------- About MM GroupMM is a global leader in consumer packaging. The Group provides packaging solutions for cartonboard and folding cartons with an attractive offer in kraft papers, uncoated fine papers, leaflets and labels. MM promotes sustainable development through innovative, recyclable packaging and paper products.

Key Points: 
  • CDP’s annual Supplier Engagement Rating (SER) evaluates corporate supply chain engagement on climate issues.
  • The highest-rated companies are celebrated in the Supplier Engagement Rating Leaderboard.
  • We are excited to be one of the 450+ companies that have made it onto CDP's 2023 Supplier Engagement Leaderboard.
  • The Leaderboard highlights companies that are proactively working with their suppliers to ensure climate change action cascades down their supply chains through supplier engagement, governance, Scope 3 emissions accounting and target-setting.

Watershed Launches Dedicated Software for CSRD Reporting

Retrieved on: 
Tuesday, April 9, 2024

SAN FRANCISCO & LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Today, Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD) , the most comprehensive ESG disclosure regulation in history.

Key Points: 
  • SAN FRANCISCO & LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Today, Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD) , the most comprehensive ESG disclosure regulation in history.
  • Watershed for CSRD extends Watershed’s science-driven sustainability data management to CSRD compliance as over 50,000 global companies prepare to enter a new era of sustainability reporting.
  • Under the CSRD, corporate climate reporting will go from voluntary and inconsistent to fully regulated and subject to the same high standards as financial reporting,” said Watershed co-founder Taylor Francis.
  • With Watershed for CSRD, companies can collect, calculate, and manage the full set of ESG data—more than 1,100 data points—required under the CSRD.

Watershed Launches Dedicated Software for CSRD Reporting

Retrieved on: 
Tuesday, April 9, 2024

SAN FRANCISCO and LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Today, Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD) , the most comprehensive ESG disclosure regulation in history.

Key Points: 
  • SAN FRANCISCO and LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Today, Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD) , the most comprehensive ESG disclosure regulation in history.
  • Watershed for CSRD extends Watershed’s science-driven sustainability data management to CSRD compliance as over 50,000 global companies prepare to enter a new era of sustainability reporting.
  • Under the CSRD, corporate climate reporting will go from voluntary and inconsistent to fully regulated and subject to the same high standards as financial reporting,” said Watershed co-founder Taylor Francis.
  • With Watershed for CSRD, companies can collect, calculate, and manage the full set of ESG data—more than 1,100 data points—required under the CSRD.

Watershed Launches Dedicated Software for CSRD Reporting

Retrieved on: 
Tuesday, April 9, 2024

SAN FRANCISCO & LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Today, Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD) , the most comprehensive ESG disclosure regulation in history.

Key Points: 
  • SAN FRANCISCO & LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Today, Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD) , the most comprehensive ESG disclosure regulation in history.
  • Watershed for CSRD extends Watershed’s science-driven sustainability data management to CSRD compliance as over 50,000 global companies prepare to enter a new era of sustainability reporting.
  • Under the CSRD, corporate climate reporting will go from voluntary and inconsistent to fully regulated and subject to the same high standards as financial reporting,” said Watershed co-founder Taylor Francis.
  • With Watershed for CSRD, companies can collect, calculate, and manage the full set of ESG data—more than 1,100 data points—required under the CSRD.

CN Continues to Advance Decarbonization Efforts with EMD® Mainline Hybrid Locomotive from Progress Rail

Retrieved on: 
Friday, April 5, 2024

MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans. The EMD® will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company’s fleet. CN is collaborating on this initiative with the Province of British Columbia who awarded approximately $3.2 million to the Company under the Clean BC Go Electric Commercial Vehicle Pilots Program.

Key Points: 
  • MONTREAL, April 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the purchase of its first hybrid diesel-battery electric mainline locomotive from Progress Rail, a Caterpillar Company, as part of its decarbonization plans.
  • The EMD® will be tested to understand the potential impact and opportunity related to retrofitting a larger portion of the Company’s fleet.
  • The testing will increase CN’s and the rail industry’s knowledge on battery technology and more specifically, on the impact of alternative propulsion technology on mainline locomotives.
  • “CN is committed to supporting the transition to a net-zero economy and proud of the progress we’ve made so far on our decarbonization journey.

Verizon Joins RE100 and Shares New Milestones in its Responsible Business Plan

Retrieved on: 
Thursday, March 28, 2024

As previously announced, Verizon aims to source renewable energy equivalent to 100% of its annual electricity usage by 2030, with an interim target of 50% by 2025.

Key Points: 
  • As previously announced, Verizon aims to source renewable energy equivalent to 100% of its annual electricity usage by 2030, with an interim target of 50% by 2025.
  • Verizon’s recently published 2023 ESG Report highlights the company’s efforts to minimize its carbon footprint through emissions and energy management.
  • As of year-end 2023, Verizon solutions had enabled the avoidance of over 93 million metric tons of CO₂e since 2018.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023.

Canva Revolutionizes Personalization at Scale with Census in the Snowflake Marketing Data Cloud

Retrieved on: 
Tuesday, April 9, 2024

Canva’s marketing team wanted to increase personalization and experiment faster, but they were limited by long turnaround time on audience creation and manual CSV uploads.

Key Points: 
  • Canva’s marketing team wanted to increase personalization and experiment faster, but they were limited by long turnaround time on audience creation and manual CSV uploads.
  • They needed a better way to harness their 200 terabytes of first-party customer data stored in Snowflake.
  • This approach helps Canva’s marketers unlock a unified Customer 360 in the Marketing Data Cloud, so they no longer need to go to 10 places to understand their users.
  • “Snowflake and Census help us integrate data from multiple different sources into one source of truth, so we can activate all our data and unlock it in lots of different ways,” said Matthew Castino, Marketing Measurement Lead at Canva.