Global warming potential

Loblaw Companies donates over 1.5 million pounds of surplus food through the Second Harvest Food Rescue App

Friday, October 22, 2021 - 2:00pm

The Second Harvest Food Rescue App allows food businesses of any kind to donate their surplus directly to non-profits in their communities, like shelters, food banks and meal programs.

Key Points: 
  • The Second Harvest Food Rescue App allows food businesses of any kind to donate their surplus directly to non-profits in their communities, like shelters, food banks and meal programs.
  • Second Harvest launched the app across Ontario in October 2018 and expanded to lower mainland British Columbia in June 2019 with the support of Loblaw.
  • Second Harvest is the largest food rescue organization in Canada and a global thought leader in food recovery.
  • The Second Harvest Food Rescue App connects businesses with surplus food to local non-profits, ensuring good food gets to people.

Leading Climate Change Risk Analysis Platform Risilience Raises £6m Series A Funding Round Led by IQ Capital to Scale Net Zero Transformation for Business

Thursday, October 21, 2021 - 2:00pm

CAMBRIDGE, England, Oct. 21, 2021 /PRNewswire/ -- Risilience, the leading climate change business platform, has announced a Series A investment of 6m from international investors led by IQ Capital.

Key Points: 
  • CAMBRIDGE, England, Oct. 21, 2021 /PRNewswire/ -- Risilience, the leading climate change business platform, has announced a Series A investment of 6m from international investors led by IQ Capital.
  • The investment will be used to develop Risilience's leading analytics and SaaS platform for corporate businesses to assess their climate change risks and manage their transformation to reach net zero emissions.
  • Risilience's ambitious growth trajectory aligns well with businesses as they take action to combat climate change risks.
  • The Series A funding round included lead investor IQ Capital, insurance multinational Tokio Marine, and US MIT alumni investment fund Castor Ventures.

EY announces achievement of carbon negative status

Thursday, October 21, 2021 - 10:16am

LONDON, Oct. 21, 2021 /PRNewswire/ -- The EY organization has become carbon negative, a major and significant step toward achieving the EY carbon ambition of becoming net zero by 2025. Becoming carbon negative means the EY organization is now reducing its total emissions and offsetting and removing more carbon than it emits.

Key Points: 
  • - EY is one of the first professional service organizations to achieve carbon negativity, says carbon neutrality isn't enough
    LONDON, Oct. 21, 2021 /PRNewswire/ --The EY organization has become carbon negative, a major and significant step toward achieving the EY carbon ambition of becoming net zero by 2025.
  • Becoming carbon negative means the EY organization is now reducing its total emissions and offsetting and removing more carbon than it emits.
  • Carmine Di Sibio, EY Global Chairman and CEO, says:
    "I am proud that EY is leading the way in sustainable business by achieving carbon negative status.
  • By achieving carbon negative status, the EY organization demonstrates a commitment toward accelerated climate action and empowering its people to serve EY clients as they also seek to decarbonize.

Personal Care Brand Native Takes Action Against Climate Change with 1% for the Planet Funding Going Towards The Chyulu Hills REDD+ Project

Wednesday, October 20, 2021 - 3:13pm

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Native , the better-for-you personal care company, is excited to announce its charitable funding accumulated from their pledge with 1% for the Planet will go towards The Chyulu Hills REDD+ Project (CHRP).

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Native , the better-for-you personal care company, is excited to announce its charitable funding accumulated from their pledge with 1% for the Planet will go towards The Chyulu Hills REDD+ Project (CHRP).
  • This funding will support CO2e reductions and provide economic and social co-benefits for local communities in the Chyulu Hills ecosystem in south-eastern Kenya.
  • The funding is a testament to Native's continued commitment to investing in partnerships and product innovation as a part of the brand's sustainability focus.
  • "Native has outlined specific sustainability goals that are reached through these multifaceted initiatives like our funding to CHRP and our partnership with 1% for the Planet.

Freight's Newest Unicorn: Flock Freight Announces SoftBank Vision Fund 2-Led $215M Series D

Wednesday, October 20, 2021 - 2:00pm

ENCINITAS, Calif., Oct. 20, 2021 /PRNewswire/ -- Flock Freight , a technology company that is reinventing freight shipping with carbon-neutral shared truckload (STL) service, today announced it has raised $215 million in Series D financing, led by SoftBank Vision Fund 2, to continue revolutionizing the way shipments move.

Key Points: 
  • ENCINITAS, Calif., Oct. 20, 2021 /PRNewswire/ -- Flock Freight , a technology company that is reinventing freight shipping with carbon-neutral shared truckload (STL) service, today announced it has raised $215 million in Series D financing, led by SoftBank Vision Fund 2, to continue revolutionizing the way shipments move.
  • Flock Freight is now the freight industry's newest unicorn, with a valuation of over $1 billion.
  • Flock Freight will also continue to expand its talent and operations, especially in the company's new Chicago office that is set to open this year.
  • "We are pleased to continue our support of Oren and the Flock Freight team as they aim to reinvent freight shipping."

Watsco Generates Record Third Quarter Performance EPS Jumps 31% to a Record $3.62 on Record Sales of $1.78 Billion

Wednesday, October 20, 2021 - 12:30pm

MIAMI, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported record third quarter and nine-month operating results for the periods ended September 30, 2021.

Key Points: 
  • Watscos entrepreneurial culture, which empowers leaders to think and act locally, continues to drive record performance with nearly all operating metrics reaching record levels.
  • As the scaled distributor in a highly fragmented $50 billion industry, Watsco possesses certain fundamentals that we believe offer both long-term stability and future growth opportunities:
    Geographic Markets.
  • Watsco operates the largest network in the industry with no single location accounting for more than 3% of sales.
  • While supply chain disruptions impacted third quarter residential sales, Watsco nonetheless experienced growth in residential units during the quarter.

Stora Enso sets ambitious goal of 100% regenerative solutions by 2050 and announces new 2030 sustainability targets

Wednesday, October 20, 2021 - 7:08am

Being regenerative means providing renewable and fully circular products and solutions that help reduce climate impact and support biodiversity restoration.

Key Points: 
  • Being regenerative means providing renewable and fully circular products and solutions that help reduce climate impact and support biodiversity restoration.
  • With this commitment Stora Enso aims to be a leading actor in driving the transformation towards a biobased circular economy.
  • Stora Enso is also committing to new 2030 targets for its key sustainability priorities: climate change, biodiversity and circularity.
  • Stora Enso also commits to an ambitious target to reduce scope 32 GHG emissions by 50% by 2030 from the 2019 base-year.

ONE Gas ESG Report Highlights Commitment to Reducing Emissions, Industry-Leading Safety and Expanding Workforce Diversity

Thursday, October 14, 2021 - 1:30pm

The ESG report showcases ONE Gas' continued investments in optimizing its operations and technology while reaffirming the company's commitment to providing cleaner, affordable and reliable energy to the communities it serves.

Key Points: 
  • The ESG report showcases ONE Gas' continued investments in optimizing its operations and technology while reaffirming the company's commitment to providing cleaner, affordable and reliable energy to the communities it serves.
  • "We are confident that natural gas will serve a critical role as we continue to transition into a cleaner energy future," said Sid McAnnally, president and CEO of ONE Gas.
  • ONE Gas is included in the S&PMidCap400 Index and is one of the largest natural gas utilities in the United States.
  • Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.

Expro and Frank’s Complete Merger, Creating a New Full-Cycle Energy Services Leader

Friday, October 1, 2021 - 9:05pm

This is an exciting day for Expro and Franks as we bring our companies together to create a new global leader with the breadth of capabilities and expertise across the well lifecycle to better support customers, said Mike Jardon, Chief Executive Officer of Expro.

Key Points: 
  • This is an exciting day for Expro and Franks as we bring our companies together to create a new global leader with the breadth of capabilities and expertise across the well lifecycle to better support customers, said Mike Jardon, Chief Executive Officer of Expro.
  • I would like to thank everyone at Expro and Franks for their great work in completing the transaction, planning for a successful integration, and positioning the combined company for long-term success.
  • Expro is governed by an experienced Board of Directors led by Mike Kearney as Board Chairman.
  • For more information, please visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

Westlake Reiterates Its Commitment to Company-Wide Continuous Improvement in Its 2020 ESG Report

Wednesday, September 29, 2021 - 1:00pm

Westlake’s 2020 ESG report includes the Company’s first materiality analysis, which identified 14 key areas of focus – including health and safety, climate change and energy, waste and circular economy, community engagement and impact management, diversity and inclusion, and cyber security -- as the company continues to align with the important global frameworks for ESG disclosures and communications. These focus areas are critical to all of the Company’s key stakeholders, including investors, suppliers, customers, neighbors and employees.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) today released its 2020 Environmental, Sustainability and Governance (ESG) report, Essential Products, Critical Innovations, the fourth annual report demonstrating the companys commitment to continuous improvements in its operations, products, management and communities.
  • The 2020 report includes information on EcoVadis findings and ratings as well as material ESG topics identified by the Sustainability Accounting Standards Board (SASB).
  • Westlake plans to more completely report against SASB, GRI, and the Task Force of Climate-related Financial Disclosures (TCFD) frameworks in its 2021 ESG report.
  • The 2020 ESG report also includes details on safety, training and development and community support.