Integrated reporting

SAP announces share repurchase program to service future share-based compensation awards

Retrieved on: 
Thursday, January 13, 2022

Repurchased shares will primarily be used to service future awards granted under the Move SAP share-based compensation plan.

Key Points: 
  • Repurchased shares will primarily be used to service future awards granted under the Move SAP share-based compensation plan.
  • Under its previous policy, SAP serviced obligations arising from the plan with cash payments but has now decided to settle future awards predominantly in shares.
  • Obligations from outstanding Move SAP awards will continue to be serviced with cash payments and the settlement methods of SAP's other share-based compensation programs remain unchanged.
  • The new share repurchase program follows SAP's 2020 repurchase of around 14 million shares for about 1.5 billion.

Philip Morris International Receives Second Consecutive “Triple A” Rating from CDP

Retrieved on: 
Tuesday, December 7, 2021

External validation from organizations like CDP encourages us to continue on our journey to create a net-positive impact on society.

Key Points: 
  • External validation from organizations like CDP encourages us to continue on our journey to create a net-positive impact on society.
  • We are humbled PMI has received CDPs Triple A distinction for a second time, said Jennifer Motles, Chief Sustainability Officer.
  • By recognizing PMI as a climate leader, CDP encourages us to persist on our endeavors.
  • CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.

Philip Morris International Accelerates Path to Carbon Neutrality

Retrieved on: 
Wednesday, October 27, 2021

The plan brings forward PMIs ambitions to achieve carbon neutrality in its direct operations (scopes 1+2) by five years, to 2025, and to achieve carbon neutrality across its entire value chain (scopes 1+2+3) by 10 years, to 2040.

Key Points: 
  • The plan brings forward PMIs ambitions to achieve carbon neutrality in its direct operations (scopes 1+2) by five years, to 2025, and to achieve carbon neutrality across its entire value chain (scopes 1+2+3) by 10 years, to 2040.
  • PMIs efforts to combat climate change are not limited to working towards carbon neutrality in its operations and across its entire value chain.
  • In the S&P Global Ratings ESG Evaluation report , PMI was recognized not only as a leader in the transition to carbon neutrality but an industry differentiator for its approach to carbon pricing.
  • To review PMIs integrated performance, please refer to PMIs 2020 Integrated Report , which includes progress on the companys efforts to reduce its carbon footprint.

ESG Risk Management Solutions Are Quickly Coming to Market as Enterprises Expand Their Overall GRC Strategy, According to IDC

Retrieved on: 
Thursday, October 21, 2021

Against this background, a wave of ESG risk management solutions is coming to market as a rapidly evolving segment of risk management software.

Key Points: 
  • Against this background, a wave of ESG risk management solutions is coming to market as a rapidly evolving segment of risk management software.
  • ESG is quickly becoming a central component of most companies' overall governance, risk, and compliance (GRC) strategy with IDC expecting that penetration of ESG risk management solutions among GRC users will grow from 50% in 2021 to over 90% by 2026.
  • The IDC report, Emerging ESG Risk Management Solutions (IDC # US48240421), provides an overview of the emerging market for environmental, social, and governance (ESG) risk software solutions.
  • It also looks at the competitive environment for ESG solutions, including point solutions focused on ESG risk reporting to the financial community as well as integrated ESG risk solutions as a component of governance, risk, and compliance (GRC) platforms.

CEMEX Reinforces Leadership in Green Financing, Presenting Sustainability-Linked Financing Framework

Retrieved on: 
Tuesday, September 7, 2021

de C.V. (CEMEX) (NYSE: CX) announced today the launch of the most comprehensive Sustainability-Linked Financing Framework (the Framework) in the building materials sector.

Key Points: 
  • de C.V. (CEMEX) (NYSE: CX) announced today the launch of the most comprehensive Sustainability-Linked Financing Framework (the Framework) in the building materials sector.
  • The Framework further aligns CEMEXs corporate sustainability commitments to its financing strategy, as part of its Future in Action program.
  • The Framework establishes CEMEXs guiding principles when issuing new sustainability-linked financing instruments, including public bonds, private placements, loans, derivatives, working capital solutions, and other financing instruments.
  • CEMEX has taken a bold step by including three KPIs, an unusually high number for the building materials industry, in the Framework.

Philip Morris International Enters Tender Period with Vectura Shareholders Following Unanimous Recommendation by Vectura Board

Retrieved on: 
Monday, August 16, 2021

Our investment will accelerate the development and delivery of inhaled therapeutics to address many of todays unmet medical needs.

Key Points: 
  • Our investment will accelerate the development and delivery of inhaled therapeutics to address many of todays unmet medical needs.
  • We look forward to working with Vecturas great people as we embark on the next stage of our transformation.
  • PMI aims to achieve at least $1 billion in annual net revenues from Beyond Nicotine sources in 2025.
  • In a 2017 letter to shareholders, PMI reaffirmed its commitment to fundamentally change its business.

2 Days Course - Financial Accounting & Reporting Update: November 17-18, 2021 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 19, 2021

The "Financial Accounting & Reporting Update" conference has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Financial Accounting & Reporting Update" conference has been added to ResearchAndMarkets.com's offering.
  • We are seeing an unprecedented level of major accounting changes from US and international standard-setters.
  • This conference will address the latest developments in key areas.
  • Experts from the Big Four and regional firms will lead the discussion.

IIRC and SASB form the Value Reporting Foundation, providing comprehensive suite of tools to assess, manage and communicate value

Retrieved on: 
Wednesday, June 9, 2021

San Francisco and London, June 09, 2021 (GLOBE NEWSWIRE) -- The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) today officially announce their merger to form the Value Reporting Foundation.

Key Points: 
  • San Francisco and London, June 09, 2021 (GLOBE NEWSWIRE) -- The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) today officially announce their merger to form the Value Reporting Foundation.
  • The Value Reporting Foundation supports business and investor decision-making with three key resources: Integrated Thinking Principles, Integrated Reporting Framework and SASB Standards.
  • Janine Guillot, CEO, Value Reporting Foundation said: We have listened to the strong demand from businesses and investors for a simplified corporate reporting landscape.
  • Mervyn E. King, Chair Emeritus, Value Reporting Foundation said: "We are virtually at the door of having a globally accepted comprehensive corporate reporting system.

Frontera Energy Releases Its 2020 Sustainability Report

Retrieved on: 
Thursday, May 27, 2021

DEVELOPING NEW VISIONS FOR ENVIRONMENTAL, SOCIAL AND GOVERNANCE APPROACHES ACROSS ITS BUSINESS

Key Points: 
  • DEVELOPING NEW VISIONS FOR ENVIRONMENTAL, SOCIAL AND GOVERNANCE APPROACHES ACROSS ITS BUSINESS
    TORONTO, May 26, 2021 /PRNewswire/ -Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today released its 2020 Sustainability Report (the "Sustainability Report") and reaffirmed its commitment to develop new visions for environmental, social and governance ("ESG") approaches across its business.
  • The Sustainability Report is a relevant tool for our stakeholders to track the Company's progress towards achieving its ESG goals."
  • Frontera's Sustainability Report covers the period from January 1, 2020 to December 31, 2020.
  • Frontera will report its progress in its annual Sustainability Report.

Credicorp publishes its 2020 Annual and Sustainability Report with details of its 2020-2025 Sustainability Program

Retrieved on: 
Monday, March 22, 2021

A key aspect of the Sustainability Report is Credicorps 2020-25 Sustainability Program.

Key Points: 
  • A key aspect of the Sustainability Report is Credicorps 2020-25 Sustainability Program.
  • The new integrated Sustainability Strategy: initiatives that are aligned with the Companys core business, coupled with its Commitment to the Future.
  • The Company has acceleratedthe pace ofitsjourneyto become a leader insustainable financial services.Over theyearsithasdiscloseditsESGinitiativeson a company-by-company basisthroughthe sustainability reports published byBCP, Pacifico andMibanco.
  • In 2020the companyhitthemilestoneannouncedtoday: the publication of Credicorps first Sustainability Report at theholdingcompany level,detailing itscommitment tointegrateESGatthecore ofitsstrategy.