Latest news with #2024SustainabilityReport
Associated Press
a minute ago
- Business
- Associated Press
MetLife: Living Our Purpose Through Sustainability
MetLife contributes to a more confident future as an employer, an investor and a provider of financial solutions and expertise. We bring our purpose – Always with you, building a more confident future – to life by creating shared value for our people, our customers, our communities and our shareholders. Over the last five years, we have been focused on meeting the financial commitments we made when we introduced our Next Horizon strategy in 2019. Through disciplined and successful execution, MetLife surpassed each of the goals it set, with our focus on sustainability among the driving forces behind every achievement. MetLife unveiled New Frontier, the next evolution of our corporate strategy, at the end of 2024. Over the next five years under New Frontier, MetLife will leverage its competitive strength and prioritize responsible growth at lower risk. Sustainability will be an important enabler for how MetLife will generate meaningful impact during New Frontier, meet its objectives and make sure its actions continue to have a positive impact for all its stakeholders. Read more about how MetLife is driving long-term value for its stakeholders through its sustainability efforts in our 2024 Sustainability Report. Forward-Looking StatementsThe forward-looking statements in this article, using words such as 'continue,' 'long-term,' and 'will' are based on assumptions and expectations that involve risks and uncertainties, including the 'Risk Factors' MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife's future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements. Visit 3BL Media to see more multimedia and stories from MetLife
Cision Canada
2 hours ago
- Business
- Cision Canada
PROREIT ANNOUNCES JULY 2025 DISTRIBUTION AND PUBLICATION OF ITS 2024 SUSTAINABILITY REPORT Français
MONTREAL, July 23, 2025 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of July 2025 ($0.45 on an annualized basis) will be payable on August 15, 2025 to unitholders of record as at July 31, 2025. In addition, PROREIT announced the publication of its 2024 Sustainability Report, which provides a comprehensive overview of the REIT's environmental, social and governance (ESG) priorities, progress and accomplishments. Select 2024 Sustainability Report Highlights Initial reporting of Scope 1 and Scope 2 greenhouse gas emissions, with 2023 established as baseline year 65% of the REIT's portfolio now tracked in ENERGY STAR ® Portfolio Manager Launch of the REIT's first tenant satisfaction survey to enhance tenant engagement and operational insights Task Force on Climate-related Financial Disclosures (TCFD) framework disclosed for the first time 75% of Trustees were independent at 2024 year-end; Chair of the Board is independent as of June 3, 2025. The 2024 Sustainability Report was prepared with references to recognized standards, including Sustainability Accounting Standards Board (SASB) Standards for the real estate industry and TCFD recommendations, in addition to relevant industry standards and benchmarks. The full report is available in the Sustainability section of PROREIT's website at PROREIT (TSX: is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. Founded in 2013, PROREIT owns a portfolio of high-quality commercial real estate properties in Canada, with a strong industrial focus in robust secondary markets. For more information on PROREIT, please visit the website at:
Korea Herald
8 hours ago
- Business
- Korea Herald
CGS International Accelerates Sustainability Efforts and Unveils Second Sustainability Report
SINGAPORE, July 23, 2025 /PRNewswire/ -- CGS International Securities Pte Ltd ("CGS International") has published the second edition of its sustainability report, reaffirming its commitment to sustainable practices in its business and operations. The 2024 Sustainability Report is aligned with globally recognised sustainability reporting standards, Global Reporting Initiative ("GRI"), as well as the International Financial Reporting Standards S2 on climate-related disclosures. "CGS International remains committed to future-proofing our business by embedding sustainability in our strategy. We are focused on creating long-term value for our stakeholders and giving back to the communities we serve. At the same time, we continue to facilitate capital flows between China and ASEAN, some of which could be channeled to sustainable development areas that address climate and biodiversity risks in the ASEAN region," said Ms Carol Fong, Group CEO of CGS International. Promoting Bilateral Relations and Mutual Growth In an increasingly fragmented and volatile global economy, it is important for Asian countries to forge closer regional cooperation to increase collective influence and trade resilience. The Group strengthened its role as a China-ASEAN nexus, facilitating not only capital flows, but also bilateral relations. In 2024, several high-impact conferences were organised across Southeast Asia and China, including the CGS SEA Bilateral Investment Forum 2024 in Hainan, which brought over 300 business leaders from China and ASEAN together. The Group also fostered closer relations between China and Malaysia, including a letter of intent between the governments of Hangzhou and Kuala Lumpur, and hosting high-level delegates to deepen bilateral cooperation. A notable initiative within the Group was the launch of a secondment programme between CGS International and its parent company, China Galaxy Securities, with the aim to facilitate cross-cultural exchanges and strengthen intra-group ties. Deepening ESG Integration Across the Group The 2024 report highlights meaningful progress across the Group's 8SF areas and marks a milestone in its Vision 2025 Strategy and Business Plan, the five-year roadmap that places sustainability at the heart of its strategic direction: In 2024, CGS International advanced its "Sustainable Finance" focus by introducing the ESGIF, developed and endorsed by the Group's Sustainability Committee. This framework aims to provide direction and harmonisation for the development of ESG products and services. It establishes clear mechanisms for measurement, tracking, and reporting to support strategic decision-making. Furthermore, CGS International's Malaysia office launched ESG Margin Financing to promote investment in companies with strong ESG performance. Customers investing in constituents of the FTSE4Good Bursa Malaysia Index with high ESG ratings received preferential financing rates, with total loans extended reaching RM4.88 million. The Group's presence in Shariah-compliant markets across ASEAN also drove over S$6 million in revenue from faith-based products. Fostering Collaborative Impact "At CGS International, we believe that knowledge sharing and collaboration are essential to driving meaningful progress on critical sustainability issues. By working closely with our partners and stakeholders, we aim to create a stronger collective catalyst for sustainable finance across Southeast Asia, and mobilise the industry towards greater climate action across ASEAN," said Mr Kevin Lee, Group Head of Sustainability. One such initiative is the ASEAN Institute of Carbon Neutrality ("AICN"), launched in late 2023. AICN aspires to mobilise capital towards sustainable development in the ASEAN region to address issues such as climate change. This is done through education and engagement with the business community on sustainability issues through knowledge sharing and thought leadership. The AICN has collaborated with the Sustainable and Green Finance Institute ("SGFIN") from the National University of Singapore since 2024, which resulted in two white papers published on the topics, Just Energy Transition Partnership in Indonesia and Renewable Energy Imports for Singapore. AICN also hosted two webinars on related topics in 2024, including one on nature-related risks for corporates. In the pipeline are three joint research reports with SGFIN in 2025. - END - About CGS International Securities CGS International Securities Pte. Ltd. ("CGS International") is an award-winning and market leading integrated financial services provider, ranked among the top securities houses in Asia. CGS International taps on our wealth of global and ASEAN insights to offer equities trading, leveraged products, wealth management, investment banking, equities research, Shariah-compliant financing, fixed income, currency and commodities, structured products and prime brokerage services in over 15 countries and regions. Along with its parent organisation China Galaxy Securities, a leading securities house in China, CGS International is trusted by close to 18 million customers globally.
Fintech News ME
2 days ago
- Business
- Fintech News ME
Air Europa's Investment Potential in the GCC Aviation Market
Javier Hidalgo is once again positioning Globalia—and its airline Air Europa—at the center of global aviation's most strategic routes. The recent launch of the direct route between Madrid and Abu Dhabi, in partnership with Etihad Airways, not only strengthens commercial ties between Europe and the Gulf but also showcases the group's long-term international strategy. 'The opening of the Abu Dhabi route marks a milestone in Air Europa's growth, both in terms of connectivity and global positioning,' said Javier Hidalgo, CEO of Globalia. A strategic bridge with Etihad Airways On June 25, 2025, Air Europa and Etihad Airways officially launched their new intercontinental route, connecting Madrid and Abu Dhabi. The partnership includes a codeshare agreement, enabling passengers from Spain and Latin America to access over 40 destinations across Asia, the Middle East, and Oceania through Etihad's hub. This agreement enhances Air Europa's relevance in long-haul travel and strengthens its footprint in a region with rising demand and investment opportunities. A sustainable and profitable airline Air Europa's ability to attract international attention stems from more than just its network. Since 2015, the company has reduced its CO₂ emissions by over 21%, as confirmed in its 2024 Sustainability Report. With a goal of reaching 30% by 2030, the airline is implementing structural changes focused on: Fleet modernization, including the addition of Boeing 787 Dreamliners and the first 737 MAX. Sustainable Aviation Fuel (SAF) use on routes such as Madrid-Havana and Madrid-Buenos Aires. Technological innovation, such as OptiClimb and electric ground vehicles. This transformation is part of the 'Vuelo 2030' strategic plan, with more than 40 environmental and operational actions in progress. 'We're demonstrating that sustainability and competitiveness can go hand in hand in aviation,' emphasized Javier Hidalgo. Why the Gulf sees potential in Air Europa The Gulf Cooperation Council (GCC) region has become a hotspot for strategic investments in European airlines. Sovereign wealth funds like ADQ (Abu Dhabi), QIA (Qatar), and PIF (Saudi Arabia) have previously backed players such as IAG, Lufthansa, and ITA Airways. Air Europa, with its modern fleet, Latin American connectivity, and green transformation plan, represents an attractive partner for future joint ventures or investment rounds. While no formal negotiations have been announced, the launch of the Madrid–Abu Dhabi route is widely interpreted as a step towards deeper commercial ties. Javier Hidalgo and Globalia's international momentum Javier Hidalgo's leadership has been instrumental in repositioning Globalia as a forward-looking group, focused on digitalization, sustainability, and cross-border partnerships. His presence in the UAE—home to influential business and aviation networks—reflects the ambition to expand beyond traditional markets. As Europe and the Middle East deepen their aviation collaboration, Air Europa could become the next success story connecting continents through strategic vision, green technology, and long-term value creation.
See - Sada Elbalad
3 days ago
- Business
- See - Sada Elbalad
AVEVA Unveils Key Learnings from AVEVA 2024 Sustainability Report
Ahmed Emam AVEVA, a global leader in industrial software, has launched its 2024 Sustainability Report. Alongside a substantial update on progress against the company's targets and green product roadmap; the report shows how software, which enables companies to unify trusted information and insights, can drive responsible use of the world's resources. AVEVA's 2024 Sustainability Report, revealed significant progress across all three pillars of the company's sustainability framework: technology handprint, operational footprint and inclusive culture. In 2024, the company maintained its 93% reduction in scope 1 and 2 emissions against its baseline year through a combination of measures including: the pivot to using renewable energy, careful management of office space and fleet optimisation. By the end of 2024, AVEVA had assessed the maturity of its entire product portfolio against the Green Software Foundation's principles, reinforcing its commitment to sustainable software development. In parallel, research and development teams had completed power bench testing for 85% of its products to evaluate energy consumption. Combined, these efforts are helping to establish a baseline that will guide future improvements aligned with green software principles. 'We believe that sustainability and business success go hand in hand,' says Caspar Herzberg, CEO, AVEVA. 'We're focused on helping our customers harness the full potential of industrial intelligence, bringing visibility and insight to complex data and processes. This empowers the industry to achieve measurable improvements in both efficiency a global leader in industrial software, has launched its 2024 Sustainability Report. Alongside a substantial update on progress against the company's targets and green product roadmap; the report shows how software, which enables companies to unify trusted information and insights, can drive responsible use of the world's resources. AVEVA's 2024 Sustainability Report, revealed significant progress across all three pillars of the company's sustainability framework: technology handprint, operational footprint and inclusive culture. In 2024, the company maintained its 93% reduction in scope 1 and 2 emissions against its baseline year through a combination of measures including: the pivot to using renewable energy, careful management of office space and fleet optimisation. By the end of 2024, AVEVA had assessed the maturity of its entire product portfolio against the Green Software Foundation's principles, reinforcing its commitment to sustainable software development. In parallel, research and development teams had completed power bench testing for 85% of its products to evaluate energy consumption. Combined, these efforts are helping to establish a baseline that will guide future improvements aligned with green software principles. 'We believe that sustainability and business success go hand in hand,' says Caspar Herzberg, CEO, AVEVA. 'We're focused on helping our customers harness the full potential of industrial intelligence, bringing visibility and insight to complex data and processes. This empowers the industry to achieve measurable improvements in both efficiency and productivity, unlocking significant savings in costs, emissions and resource requirements. AVEVA's 2024 Sustainability Report demonstrates the strides we've made to deepen our technology handprint, reduce our operational footprint and advance our inclusive culture.' AVEVA recognises that its biggest opportunity to make a positive climate impact is through its core products and customers. For the first time, the company has released an annual saved and avoided emissions figure, reflecting the material energy savings observed for a specific portion of its products. AVEVA is committed to refining and expanding this calculation of measurable saved and avoided emissions over time. 'As we enter the final year of our 2025 targets, we're focused on meeting our goals and chartering an even bolder path with our sustainability framework. We know that the biggest impact comes from our software handprint – how we work with our customers to enable them to drive decarbonisation, become more resilient and support circularity. This is why we're publicly reporting our 2024 customer saved and avoided emissions data for select industry sectors. We're committed to expanding our methodology to capture and quantify our broader impact. At AVEVA, we are continuing to advance towards a sustainable future, driving digital transformation through our software and leading by example with responsible operations,' adds Lisa Wee, CSO, AVEVA. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Arts & Culture "Jurassic World Rebirth" Gets Streaming Date Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Sports Get to Know 2025 WWE Evolution Results News Flights suspended at Port Sudan Airport after Drone Attacks
