Latest news with #CDPClimateChange
Business Wire
24-06-2025
- Business
- Business Wire
o9 Issues Its Annual ESG Impact Report, Revealing Continued Progress Across Key Sustainability Initiatives
DALLAS--(BUSINESS WIRE)-- o9, a leading AI-powered software platform for enterprise planning and execution, today announced the release of its 2025 ESG Impact Report, revealing the Company's sustainability, social responsibility, and governance initiatives, metrics, and results achieved during the 2024 calendar year. The annual report, first published in 2021, reflects significant year-over-year progress across several strategic priorities. Some of the report's noteworthy sustainability and social responsibility initiatives include: Receiving the EcoVadis Gold Medal for the second consecutive year: In 2024, o9 received the EcoVadis Gold Medal for the second year in a row, placing the Company in the top 2% of organizations reviewed globally. The rating recognizes strong performance across labor and human rights, environmental practices, business ethics, and sustainable procurement. Formalizing a Decarbonization Strategy: o9 advanced its environmental efforts by formalizing its decarbonization strategy in 2024. Key milestones included the development of a climate transition plan, an increase of 65% in the proportion of renewable energy sourced, and the design of a supplier engagement plan to improve Scope 3 emissions tracking. Submitting the CDP Climate Change Questionnaire: In 2024, o9 submitted its first CDP Climate Change questionnaire. This marks an important step in enhancing the transparency of the company's environmental performance. The result reflects the foundational strength of o9's environmental management systems, and the company is committed to publishing the disclosure annually and improving its score in future years. Continued commitment to various social impact initiatives: Through o9's partnership with the WePledge 1% program, o9 employees donated nearly $40,000 to nonprofit organizations in 2024, supported by a more than $200,000 corporate donation. Additionally, employee volunteer participation increased to approximately 5,194 hours in 2024, compared to 4,432 hours in 2023. The 2025 ESG Impact Report was prepared using globally recognized sustainability frameworks, including GRI, SASB, SDGs, UNGC, and the GHG Protocol. o9 uses its own Digital Brain platform for integrated business planning to streamline the ESG data collection and reporting across multiple standards, showcasing the scalability of its technology. To ensure transparency and continuous improvement, o9 engaged SGS United Kingdom Ltd to conduct a limited assurance on key ESG indicators. In addition, o9 reaffirmed the results of its prior materiality analysis and will conduct a comprehensive double materiality assessment in 2025 to reflect evolving regulations and stakeholder expectations. Chakri Gottemukkala, Co-founder and CEO of o9, said, "Building sustainable and resilient supply chains is not a solitary endeavor; companies of all sizes will need to collaborate to achieve greater sustainability across our interconnected supply chains. As a leader in enabling businesses to optimize their operations, o9 is uniquely positioned to drive impactful change. We are deeply committed to tackling environmental and social challenges while upholding robust governance practices that promote accountability, transparency, and ethical decision-making in all our initiatives." Access the o9 2025 ESG Impact Report here. To learn more about o9, visit About o9 o9 is a leading AI-powered platform for integrated business planning and decision-making for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9's AI-powered digital solutions. o9 brings together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery—into one platform. For more information, please visit
Yahoo
19-05-2025
- Business
- Yahoo
ICON releases its ICON Cares 2024 Report
DUBLIN, May 19, 2025--(BUSINESS WIRE)--ICON plc, (NASDAQ: ICLR) a world-leading clinical research organisation powered by healthcare intelligence, today releases its ICON Cares 2024 Report. The report outlines how the company is delivering on its environmental, social and governance (ESG) goals, as delivered through its ICON Cares program. In recognition of its efforts in 2024, ICON received a score of 72/100 from EcoVadis, a leading provider of business sustainability ratings, an increase of two points on the previous score, earning ICON a silver medal. ICON also achieved a B- score on its CDP Climate Change response. Most recently, ICON has been named by TIME magazine as one the World's Best Companies in Sustainable Growth 2025 and the highest ranked CRO. On the publication of the report, ICON's CEO, Dr. Steve Cutler commented: "Our industry continues to rapidly evolve – sitting at the confluence of the AI revolution and a parallel revolution in biomedical science. This represents an unprecedented opportunity to address unmet clinical need and to impact the lives of countless patients. As we embrace these changes, we remain focused on delivering on our ICON Cares commitments to our patients, customers, people and planet." The ICON Cares 2024 Report is available here. Highlights in the report include: Continued focus on improving public health and increasing access to clinical trials ICON recognises access to healthcare as a fundamental human right. In 2024, we continued strides towards improving patients' lives and concentrated on expanding trial access and improving representation for all participants, trial investigators and community and patient advocacy groups. In 2024, ICON supported over 1,270 clinical studies involving over 416,000 patients. Our efforts contributed to 19 medicines receiving original or supplemental approval. Innovation and artificial intelligence (AI) ICON, powered by healthcare intelligence, is devising innovative solutions, leveraging technology, data and partnerships to enhance patient access to clinical trials and to reduce the time from clinical trial to drug approval. ICON expanded its capabilities in AI and robotic process automation in 2024, enhancing efficiency, execution and delivery for its customers. Governance around this evolving technology was also strengthened while ensuring that our automated solutions always factor in human oversight and comply with regulations. Minimising environmental footprint in our operations In October 2024, ICON's near-term, long-term and net-zero science-based targets were validated by the Science Based Targets initiative (SBTi). We have exceeded our near-term SBTi target of 61.2% by 2028 as we have achieved a 70.06% reduction in Scope 1 & 2 Green House Gas (GHG) emissions. We continue to work towards achieving our Scope 3 emissions reduction and long-term targets. Also, we have reduced kit wastage by 15-20% in our laboratories business on certain studies by analysing historical sponsor data and site behaviours using active kit management. ICON also continued to make improvements against our other environmental targets in 2024 including: 84.67% of electricity consumed in 2024 came from renewable sources 18.8% reduction in kilowatt hours of electricity compared to 2018 For further information about ICON Cares, please visit This press release contains forward-looking statements, including statements about our financial guidance. These statements are based on management's current expectations and information currently available, including current economic and industry conditions. These statements are not guarantees of future performance or actual results, and actual results, developments and business decisions may differ from those stated in this press release. The forward-looking statements are subject to future events, risks, uncertainties and other factors that could cause actual results to differ materially from those projected in the statements, including, but not limited to, the ability to enter into new contracts, maintain client relationships, manage the opening of new offices and offering of new services, the integration of new business mergers and acquisitions, as well as other economic and global market conditions and other risks and uncertainties detailed from time to time in SEC reports filed by ICON, all of which are difficult to predict and some of which are beyond our control. For these reasons, you should not place undue reliance on these forward-looking statements when making investment decisions. The word "expected" and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are only as of the date they are made and we do not undertake any obligation to update publicly any forward-looking statement, either as a result of new information, future events or otherwise. More information about the risks and uncertainties relating to these forward-looking statements may be found in SEC reports filed by ICON, including its Form 20-F, F-1, F-4, S-8, F-3 and certain other reports, which are available on the SEC's website at About ICON plc ICON plc is a world-leading clinical research organisation powered by healthcare intelligence. From molecule to medicine, we advance clinical research providing outsourced services to pharmaceutical, biotechnology, medical device and government and public health organisations. We develop new innovations, drive emerging therapies forward and improve patient lives. With headquarters in Dublin, Ireland, ICON employed approximately 41,250 employees in 97 locations in 55 countries as at March 31, 2025. For further information about ICON, visit: ICON/ICLR-G View source version on Contacts Media contacts: Lisa Henry, Weber Shandwick (PR adviser)+44 7785 458203lhenry@ Kate Haven, Vice President Investor Relations, ICON+1-888-381-7923IR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
09-05-2025
- Business
- Business Standard
Aarti Industries Delivers Volume-Led Growth in Q4; Sets Strong Foundation for FY26 with Strategic Expansions and Sustainability Focus
PRNewswire Mumbai (Maharashtra) [India], May 9: Aarti Industries Limited (AIL), a leading global speciality chemicals company, today announced its consolidated financial results for the fourth quarter and full year ended March 31, 2025. The company's audited results were approved by the Board of Directors in a meeting held earlier today. The company delivered volume-led growth, sequential improvement in profitability, and continued progress on key strategic and sustainability initiatives. On a consolidated basis, for the quarter, income from operations stood at Rs 2214 Cr, compared to Rs 2038 Cr in Q3 FY25 ('previous quarter'). EBITDA stood at Rs 266 Cr, compared to Rs 236 Cr in the previous quarter. PAT stood at Rs 96 Cr, compared to Rs 46 Cr in the previous quarter. FY25-26 has commenced on a confident note, supported by a steady demand recovery across key segments and robust execution of AIL's long-term growth roadmap. The company remains well-positioned to leverage emerging opportunities across global markets through its diversified portfolio, innovation-led solutions, and strong customer relationships. Financial Highlights (Q4 FY25) - Revenue: Rs 2214 Cr, marking 9% QoQ growth - EBITDA: Rs 266 Cr, up 13% QoQ, reflecting operating leverage and improved cost controls - PAT: Rs 96 Cr, rising 109% sequentially on the back of better volumes and efficiency gains Commenting on the performance, Mr. Suyog Kotecha, CEO and Executive Director, said: "We are encouraged by the positive momentum across our businesses, particularly the recovery in core product volumes and the continued execution of our expansion and sustainability agenda. FY26 begins amid a volatile macroeconomic environment, US tariffs, geopolitical tensions, etc. With a strong pipeline of growth initiatives, we are focused on delivering consistent, value-led growth while strengthening our position as a global partner of choice." Business Highlights: * Strong volume recovery in Nitro Toluene, NCB, and Ethylation-based products, supported by capacity additions. * Sequential volume growth aided by refined pricing strategy and steady export demand; long-term offtake and spot flexibility maintained. * Hybrid renewable energy shift through two power purchase agreements; set to deliver cost and carbon savings by FY27. * Staggered commissioning of Zone IV projects in FY26 is expected to support multi-purpose manufacturing capabilities in FY27 and onwards. FY24-25 Full-Year Performance * Revenue Growth: 13% * EBITDA: Rs 1016 Cr, aligned with revised guidance * CAPEX: Rs 1372 Cr focused on growth, energy efficiency, and innovation Awards and Recognition - AIL earned a coveted spot in the prestigious S & P Global Sustainability Yearbook 2025 - Achieved significant recognition in environmental sustainability, securing Leadership Band "A" in CDP Climate Change and CDP Water Security for 2024 With a focus on operational excellence, margin recovery, and debt optimisation, AIL is positioned to enhance capital efficiency and execution momentum in FY26. About AIL Aarti Industries Limited (AIL) is one of the world's leading speciality chemical companies, combining process chemistry with scale-up engineering competence. The Company ranks globally 1st - 4th position for 75% of its portfolio and is a "Partner of Choice" for various Major Global & Domestic Customers. At the heart of AIL's operations is a dedication to sustainable development, seamlessly integrating environmental stewardship into its business model by leveraging cutting-edge technologies and a robust infrastructure to deliver solutions that balance economic growth with ecological responsibility. The Company's commitment to innovative and sustainable practices and immense care for its people and the planet defines its path to success.
Yahoo
16-04-2025
- Business
- Yahoo
Coty Announces ESG Rating Upgrades from MSCI and Sustainalytics
MSCI ESG Rating has been upgraded to A from BBSustainalytics ESG rating now at low risk and 3rd among Household Product companies NEW YORK, April 16, 2025--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is proud to announce improvements in its Environmental, Social, and Governance (ESG) ratings from both MSCI and Sustainalytics. This achievement underscores Coty's dedication to advancing sustainability across all aspects of its business. Coty's MSCI ESG Rating has been upgraded to A from BB. This improvement reflects enhanced performance across several key ESG areas, including: Packaging Material & Waste Raw Material Sourcing Chemical Safety Corporate Governance Coty's MSCI Carbon Footprint score remains at the maximum level, demonstrating the Company's ongoing commitment to minimizing its environmental impact. Coty improved its Sustainalytics ESG Risk Rating, moving from 23.9 (medium risk) to 18.1 (low risk). This progress places Coty as the lead amongst global beauty companies and 3rd out of 104 in Household Products companies as rated by Sustainalytics. The Company's Sustainalytics improvement is attributed to advancements in seven key areas: Environmental & Social Impact of Products and Services Land Use and Biodiversity Water Use Human Capital Product Governance Data Privacy and Security Corporate Governance The upgrades follow Coty's strong progress in the 2024 CDP Climate Change disclosure, with the company scoring A-, an increase from B in 2023. Coty's FY24 Sustainability Report highlighted key achievements including surpassing 2030 Scope 1 and 2 emissions targets with an 82% reduction since 2019, cutting air freight emissions by 65%, and using 100% renewable electricity in its owned factories and distribution centers. About Coty Inc. Founded in Paris in 1904, Coty is one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care. Coty serves consumers around the world, selling prestige and mass market products in over 120 countries and territories. Coty and our brands empower people to express themselves freely, creating their own visions of beauty; and we are committed to protecting the planet. Learn more at or on LinkedIn and Instagram. View source version on Contacts Investor RelationsOlga Levinzon+1 212 389-7733Olga_Levinzon@ MediaAntonia Werther+31 621 394495Antonia_Werther@
Channel Post MEA
13-03-2025
- Business
- Channel Post MEA
Tech Mahindra Recognized With a Double A Score By CDP
Tech Mahindra has announced that it has been recognized in the prestigious 'A List' for both CDP Climate Change and CDP Water Stewardship 2024. This recognition underscores Tech Mahindra's leadership in environmental transparency, climate action, and water stewardship, positioning it among an elite group of global sustainability leaders. CDP maintains the world's largest environmental database and plays a critical role in driving investment and procurement decisions toward a zero-carbon, sustainable, and resilient economy. In 2024, over 24,800 organizations disclosed their environmental impact to CDP, with Tech Mahindra emerging as a leader in sustainability. This reinforces the company's commitment to promoting an earth-positive future and accelerating the transition to a sustainable global economy. Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, said, 'Tech Mahindra's continued recognition on CDP's 'A List' across multiple categories underscores our steadfast commitment to tackling global sustainability challenges. With a strong focus on climate action and water security, we recognize the urgency of these issues amid growing environmental risks. We will continue to drive impactful change through innovation and collaboration, ensuring a sustainable and resilient future for businesses, communities, and the planet.' Tech Mahindra has made notable progress in its transition to clean energy, achieving 23% renewable energy usage in 2024, with an ambitious target of reaching 90% by 2030. It has also successfully reduced Scope 1 and 2 greenhouse gas (GHG) emissions by 31% from its 2016 baseline, aligning with its commitment to achieving Net Zero by 2035. This achievement is driven by the implementation of energy-efficient infrastructure, operational optimization, a sustainable supply chain, green commuting initiatives, and stringent travel policies, underscoring Tech Mahindra's commitment to building a low-carbon, resilient future. Anjana Sharma, Head – Sustainability Services, India, DNV, said, 'Tech Mahindra's 'A' rating from CDP for Climate and Water Security reinforces the credibility of its climate strategy and ESG leadership. This recognition reflects the company's steadfast commitment to sustainability, transparency, and responsible business excellence, with technology serving as a key enabler of its sustainability initiatives. At DNV, we are proud to have supported Tech Mahindra in this journey to drive impactful sustainability initiatives and look forward to future collaborations.' In addition to climate action, Tech Mahindra has demonstrated a strong commitment to responsible water management, ensuring long-term resource sustainability. In 2024, the company installed water restrictors and smart sensors to optimize consumption, recycled over 290 million liters of wastewater through sewage treatment plants (STPs), and recharged 36 million liters of groundwater through rainwater harvesting systems. With a goal to become Water Positive by 2030, Tech Mahindra will continue to invest in innovative water conservation technologies and best practices, further strengthening its leadership in environmental stewardship. Tech Mahindra will continue to lead the way in delivering comprehensive ESG solutions, empowering businesses to achieve their sustainability objectives while driving sustainable transformation. The company's offerings, which span expert consulting services and ESG solutions, including ESG platforms and a dedicated ESG talent pool, are designed to help customers meet their sustainable goals. This comprehensive approach demonstrates Tech Mahindra's commitment to enabling a green transformation for customers, integrating technology innovation with sustainable practices to drive meaningful and measurable change. 0 0
