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Business Wire
11 hours ago
- Business
- Business Wire
American Water Releases Annual Sustainability Report
BUSINESS WIRE)-- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has issued its ninth Sustainability Report covering its industry leadership and sustainable impact on communities across the U.S. 'The Sustainability Report demonstrates American Water's ongoing commitment to providing safe, clean, reliable, and affordable water and wastewater services across the U.S.,' said Cheryl Norton, EVP and Chief Operating Officer, American Water. 'Our 2024 progress shows that customers, employees, investors and other stakeholders benefit through our dedication to sustainable operations.' American Water prepared the Sustainability Report by applying standards from the Global Reporting Initiative, Sustainability Accounting Standards Board, the Task Force on Climate-Related Financial Disclosures, and includes applicable metrics from the Edison Electric Institute and American Gas Association Sustainability reporting template. The report also takes into consideration the United Nations Sustainable Development Goals and aligns with the company's responses to the CDP Questionnaire. Visit to learn more and view the Sustainability Report. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. AWK-IR
Cision Canada
a day ago
- Business
- Cision Canada
Beko Scales Up Climate Action with Green Electricity and Refurbishment
Commitment to be a net zero company by 2050 with ambitious 2030 targets including using 100% green electricity in all manufacturing facilities 114,468 products refurbished in 2024 61.9% of turnover from energy-efficient products; 71.5% from low-carbon products ISTANBUL, July 28, 2025 /CNW/ -- Beko, a leader in home appliances, launched its 2024 Integrated Report, themed around scientist Carl Sagan's profound depiction of Earth as the "pale blue dot." The metaphor underscores our planet's fragility and our collective duty to "preserve and cherish the only home we've ever known." In a world in flux—at a time when sustainability is losing priority in boardrooms—Beko remains steadfast. Its purpose is clear: to inspire sustainable living in every home. This purpose is backed by concrete actions, including a pathway to 100% green electricity by 2030 and a global refurbishment network that extended the life of over 114,000 appliances in 2024. As a recognized sustainability leader, earning the highest score in its industry in the S&P Global Corporate Sustainability Assessment for the sixth consecutive year[i], Beko remains resolved in its commitment to both people and planet. The company was recently ranked 17 th among the world's most sustainable companies by TIME Magazine and Statista, topping in its industry and appearing on the list for the second time. These achievements highlight Beko's robust climate strategy, alongside its continued progress in ESG transparency, product efficiency, supply chain responsibility, and social inclusion. The first of its kind from Beko, the integrated report aligns with the International Integrated Reporting Framework (IIRC), Global Reporting Initiative (GRI), Türkiye Sustainability Reporting Standards (TSRS), and Corporate Sustainability Reporting Directive (CSRD). It includes a double materiality assessment, evaluating both how sustainability issues affect Beko's business and how Beko's operations impact society and the environment, combining stakeholders' perspectives with internal analyses to drive tangible actions. This approach reflects the company's long-term strategy—affirming that sustainability is not solely a business priority but a shared global imperative. Hakan Bulgurlu, CEO of Beko, said: "Securing a net-zero future requires absolute focus and concrete action. We are committed to 100% green electricity in manufacturing by 2030 and have dramatically scaled our refurbishment programme. But that's only part of the story. We're continuously working to improve water and waste management, drive down emissions across our supply chain, and design products that do more with less. I'm very grateful for our teams and partners who champion these responsible practices, helping us build a greener, more circular economy. This report showcases how Beko embeds sustainability into every decision, from product design to operations and corporate governance, as we work to protect our 'pale blue dot'." Celebrating 70 years of innovation, Beko continues to lead with purpose and consistency, keeping sustainability at its core: Beko is on a path to Net Zero by 2050, with bold interim targets including using 100% green electricity in all manufacturing facilities by 2030. The company's climate strategy addresses Scope 3 emissions—which account for 99% of its total footprint, with approximately 80% arising during product use phase. Beko has rapidly scaled up its renewable energy investments, reaching a total installed capacity of 90.2 MWp—an almost 30-fold increase in just four years. Beko's circular economy strategy is driving transformation across design, production, and end-of-life product use. Refurbishment is a core enabler of its product lifecycle model. In 2024, the company's global refurbishment network extended the life of 114,468 appliances. These efforts help customers reduce carbon footprints while extending product utility and reducing e-waste. Beko has embedded sustainability into its leadership DNA by linking executive compensation indirectly to environmental performance. Targets for reducing Scope 1, 2, and 3 emissions, along with supply chain sustainability integration, are included in the scorecards of key C-suite leaders. As a member of and signatory to multiple global initiatives, Beko demonstrates its commitment to collaborative climate action. The integrated report is a call to action for stakeholders to unite in preserving Earth's sustainability. For a comprehensive view of Beko's initiatives, visit ABOUT BEKO Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of over 50,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.6 billion Euros in 2024. Beko's 29 R&D and Design Centers & Offices across the globe are home to over 2,300 researchers and hold more than 3,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the sixth consecutive year (based on the results dated 18 February 2025) and has been included in the Dow Jones Sustainability Indices for the eighth consecutive year.** The company has been recognized as the 17 th most sustainable company on TIME Magazine and Statista's 2025 list of the World's Most Sustainable Companies. Beko's vision is 'Respecting the World, Respected Worldwide.' [i] 87/100 (as of 18 Feb 2025)
Korea Herald
6 days 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.
Business Wire
7 days ago
- Business
- Business Wire
Valeo Foods Highlights Significant Strides in Sustainability with Release of 2025 Annual Report
LONDON--(BUSINESS WIRE)--Valeo Foods Group, one of Europe's leading producers of quality sweets, treats and snacks, has today announced the release of its 2025 Sustainability Report, detailing the company's commitments and progress across key environmental, social, and governance (ESG) priorities. The report underscores Valeo Foods' ongoing efforts to integrate sustainability into every aspect of its business, from reducing greenhouse gas emissions to advancing inclusion and safety in the workplace. The report is structured around Valeo Foods' five core sustainability pillars: Planet, People, Producers, Partners and Products and details significant achievements over the past year including: Our Planet: 71% of the electricity powering our manufacturing sites now comes from renewable sources. We continue to invest in energy efficiency across all our facilities. Our People: 70% of our colleagues currently have access to an Employee Assistance Program, with full coverage planned for next year. Our Producers: 100% of the palm oil we use is fully traceable, and we are actively transitioning to ensure all our direct cocoa and coffee are deforestation-free. Our Partners: This year, we donated 148 tonnes of food to support communities in need. Our Products: 99% of our packaging is now recyclable, reinforcing our commitment to a circular economy. 'Our 2025 Sustainability Report, prepared with reference to the Global Reporting Initiative (GRI) Standards reflects our dedication to transparency and accountability,' said Ronald Kers, Group CEO of Valeo Foods. 'While we are proud of the progress we've made, we recognise that sustainability is a continuous journey. We remain committed to driving positive impact for our stakeholders, the environment, and future generations.'
Business Wire
22-07-2025
- Business
- Business Wire
Afya Limited Releases 2024 Sustainability Report
BELO HORIZONTE, Brazil--(BUSINESS WIRE)-- Afya Limited (Nasdaq: AFYA; B3: A2FY34) ('Afya' or the 'Company'), the leading medical education group and medical practice solutions provider in Brazil, announces the release of its 2024 Sustainability Report. The document, which presents Afya's trajectory throughout 2024, follows the Global Reporting Initiative (GRI) standards and is aligned with the Sustainable Development Goals (SDGs). It also reports specific indicators from the Sustainability Accounting Standards Board (SASB) and elements of the International Integrated Reporting Council (IIRC). The sustainability report contains some of the results of the fifth Greenhouse Gas (GHG) Emissions Inventory. Both of which have undergone individual audits by KPMG. The report is divided into two publications a narrative document and a technical annex in Excel format, which addresses all GRI and SASB indicators. Afya's 2024 Sustainability Report is available at: About Afya Limited (Nasdaq: AFYA, B3: A2FY34) Afya is a leading medical education group in Brazil based on the number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering medical practice solutions to help doctors enhance their healthcare services through their whole career.
