Global cooling

Hudson Technologies Participates at COP28; Supports Global Cooling Pledge

Retrieved on: 
Thursday, December 14, 2023

The Global Cooling Pledge is a joint initiative between the United Arab Emirates, who hosted COP28 and the United Nations Environment Programme’s (UNEP) Cool Coalition, of which Hudson Technologies is a member.

Key Points: 
  • The Global Cooling Pledge is a joint initiative between the United Arab Emirates, who hosted COP28 and the United Nations Environment Programme’s (UNEP) Cool Coalition, of which Hudson Technologies is a member.
  • The Global Cooling Pledge commits countries to reducing their cooling-related emissions by at least 68% by 2050 and establishes several other targets including the creation of minimum energy performance standards by 2030.
  • The pledge promotes international cooperation toward emission reduction, improved energy efficiency and environmentally sound and sustainable methods to provide cooling and refrigeration.
  • Hudson is proud to have shared our knowledge and expertise in the area of Lifecycle Refrigerant Management on the global stage and we look forward to further supporting the Cooling Pledge.”

Zoetic Global and the City of Columbus Join Forces to Achieve Net Zero Carbon Goals

Retrieved on: 
Thursday, December 14, 2023

DUBAI, UAE, Dec. 14, 2023 /PRNewswire/ -- In a landmark agreement announced at COP28, climate impact pioneer Zoetic Global and the City of Columbus, Ohio have signed a Memorandum of Understanding (MOU) to tackle the city's net zero carbon goals.

Key Points: 
  • DUBAI, UAE, Dec. 14, 2023 /PRNewswire/ -- In a landmark agreement announced at COP28, climate impact pioneer Zoetic Global and the City of Columbus, Ohio have signed a Memorandum of Understanding (MOU) to tackle the city's net zero carbon goals.
  • "We are proud that Zoetic Global is growing into a global powerhouse and making deals in every corner of the world.
  • It's only fitting they are leading on climate change as well," said Tim Ryan, Chief Global Business Development Officer of Zoetic Global.
  • "Zoetic's carbon reduction solutions will support Columbus in achieving its ambitious net zero goals.

Minister Guilbeault reaffirms Canada's commitment to global climate action and continues to push for a strong outcome at COP28

Retrieved on: 
Tuesday, December 12, 2023

At COP28, all countries came together to address the triple crisis of climate change, biodiversity loss, and pollution and push for ambitious outcomes.

Key Points: 
  • At COP28, all countries came together to address the triple crisis of climate change, biodiversity loss, and pollution and push for ambitious outcomes.
  • Canada advocated to secure ambitious outcomes to keep the Paris Agreement goal of limiting warming to 1.5 ºC within reach.
  • In addition, Canada is collaborating with partners to ensure that COP28 results in new guidance for countries to make progress on adaptation.
  • Canada is making significant contributions to the global effort to fight climate change to ensure a healthier planet for generations to come."

Zoetic Global and City of New Orleans Announce MOU To Advance Net Zero Carbon Goals

Retrieved on: 
Friday, December 8, 2023

DUBAI, UAE, Dec. 8, 2023 /PRNewswire/ -- Zoetic Global, a leading U.S.-based climate impact company with a portfolio of carbon reduction solutions, and the City of New Orleans have announced a Memorandum of Understanding (MOU) to work together to achieve the city's net zero carbon goals by increasing sustainability, including significant carbon reduction and water and energy resiliency.

Key Points: 
  • "The City of New Orleans faces extreme risks from the impacts of the climate crisis and it's imperative that we act now to lower our own carbon footprint.
  • "Zoetic will work with all relevant stakeholders to bring about meaningful change in climate action planning at a critical time.
  • Zoetic's carbon reduction solutions will support the City of New Orleans in achieving its net zero goals through economically compelling, environmentally significant programs," said Executive Chairman Jerome Ringo.
  • "We are honored that Zoetic can help the City of New Orleans accelerate its sustainability efforts.

Metrus Energy Announces $100 Million Commitment to the Global Cooling Pledge: Strengthens Cool Coalition's Collective Efforts for Sustainable Cooling Solutions

Retrieved on: 
Wednesday, December 6, 2023

SAN FRANCISCO, Dec. 6, 2023 /PRNewswire-PRWeb/ -- Metrus Energy announced today that it is making a $100 million commitment to the Global Cooling Pledge, emphasizing its dedication to sustainable cooling through the implementation of its Energy as a Service (EaaS) solution. The Global Cooling Pledge advocates for nations to decrease their cooling-related emissions by a minimum of 68% by the year 2050.

Key Points: 
  • Metrus Energy is making a $100 million commitment to the Global Cooling Pledge, emphasizing its dedication to sustainable cooling
    SAN FRANCISCO, Dec. 6, 2023 /PRNewswire-PRWeb/ -- Metrus Energy announced today that it is making a $100 million commitment to the Global Cooling Pledge, emphasizing its dedication to sustainable cooling through the implementation of its Energy as a Service (EaaS) solution.
  • The Global Cooling Pledge advocates for nations to decrease their cooling-related emissions by a minimum of 68% by the year 2050.
  • "Efficient cooling is an immense investment opportunity for those in climate finance to prioritize and fund efficient and sustainable cooling projects," said Bob Hinkle, Metrus founder and executive chairman.
  • We are making this investment commitment to the Global Cooling Pledge to help accelerate climate action, curb energy consumption, and reduce harmful emissions.

Breaking News: Zoetic Global and The Modern Group Join Forces to Achieve Net Zero Carbon Goals

Retrieved on: 
Wednesday, December 6, 2023

This landmark agreement sets the stage for tangible results throughout Saudi Arabia as Zoetic and TMG collaborate to provide energy efficiency and generation solutions.

Key Points: 
  • This landmark agreement sets the stage for tangible results throughout Saudi Arabia as Zoetic and TMG collaborate to provide energy efficiency and generation solutions.
  • This collaboration will address the energy and environmental goals as noted in Vision 2030," said Zoetic CEO Avery Hong.
  • Executive Chairman Jerome Ringo added, "Zoetic's strategic alliance with The Modern Group is focused on carbon reduction solutions that will pave the way for a sustainable future.
  • Zoetic Global recently announced its full endorsement of the Global Cooling Pledge which is an important topic of discussion at the United Nations Climate Summit COP28.

COP28 President Calls On All Countries to Join Global Cooling Pledge in the lead up to COP28

Retrieved on: 
Sunday, July 23, 2023

In his remarks, the COP28 President Designate reiterated his commitment to the Pledge, saying "We cannot expand cooling on a business-as-usual basis.

Key Points: 
  • In his remarks, the COP28 President Designate reiterated his commitment to the Pledge, saying "We cannot expand cooling on a business-as-usual basis.
  • He highlighted that the cooling dilemma can provide cooling access to those who need it without undermining the energy transition.
  • I call on all countries to join the Global Cooling Pledge in the lead up to COP28."
  • As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.

BioLife Solutions Reports Preliminary and Unaudited 2022 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Thursday, March 16, 2023

BOTHELL, Wash., March 16, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of class-defining bioproduction products and services for the cell and gene therapy (CGT) and the broader biopharma markets, today announced financial results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Gross margin (GAAP) for the fourth quarter of 2022 was 30% compared with 13% for the fourth quarter of 2021.
  • Operating expense (GAAP) for the fourth quarter of 2022 was $93.5 million compared with $54.9 million for the fourth quarter of 2021.
  • Adjusted operating expense (non-GAAP) for the fourth quarter of 2022 was $22.1 million compared with $19.2 million for the fourth quarter 2021.
  • Operating loss (GAAP) for the fourth quarter of 2022 was $49.3 million compared with $17.6 million for the fourth quarter of 2021.

BioLife Solutions Announces COO to Retire and Join Board of Directors

Retrieved on: 
Monday, October 3, 2022

BOTHELL, Wash., Oct. 3, 2022 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapy ("CGT") and broader biopharma markets, today announced changes to its Board of Directors and executive management team, all to be effective as of January 3, 2023.

Key Points: 
  • Roderick de Greef, BioLife President and Chief Operating Officer, will retire from management and will re-join the Board of Directors, increasing the number of Directors to seven.
  • I'm pleased to report the product line is now stable, with orders shipping from current inventory and record-high overall product quality.
  • BioLife Solutions is a leading supplier of class-defining bioproduction tools and services for the cell and gene therapy and broader biopharma markets.
  • For more information, please visit www.biolifesolutions.com , www.scisafe.com , www.stirlingultracold.com , or www.sextonbio.com and follow BioLife on Twitter .

SPX Announces Appointment of Sean McClenaghan as President, Global Cooling and Executive Officer of SPX Technologies, Inc.

Retrieved on: 
Monday, September 26, 2022

CHARLOTTE, N.C., Sept. 26, 2022 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (SPX Technologies) today announced the appointment of Sean McClenaghan as President, Global Cooling and an Executive Officer of SPX Technologies.

Key Points: 
  • CHARLOTTE, N.C., Sept. 26, 2022 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (SPX Technologies) today announced the appointment of Sean McClenaghan as President, Global Cooling and an Executive Officer of SPX Technologies.
  • Mr. McClenaghan brings over 25 years of extensive executive leadership experience to the SPX team.
  • He joins SPX from Reliance Worldwide Corporation (RWC), where he served as Chief Executive Officer of RWC Americas.
  • About SPX Technologies: SPX Technologies is a diversified, global supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets.