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Corporate Knights ranks Toronto Hydro first among electricity transmission and distribution utilities in Canada
Corporate Knights ranks Toronto Hydro first among electricity transmission and distribution utilities in Canada

Cision Canada

time2 days ago

  • Business
  • Cision Canada

Corporate Knights ranks Toronto Hydro first among electricity transmission and distribution utilities in Canada

TORONTO, June 26, 2025 /CNW/ - Toronto Hydro has ranked first for corporate citizenship among electricity transmission and distribution utilities in Canada in Corporate Knights Magazine's annual ranking. Toronto Hydro also earned the sixth spot in the magazine's annual ranking of the Best 50 Corporate Citizens. For more than 20 years, Corporate Knights Inc. has published one of the world's largest circulation magazines with a specific focus on the intersection of business and sustainability. This year's ranking assessed 344 companies using a set of environmental, social and governance indicators. Each organization was evaluated against their industry peers using publicly available information. Toronto Hydro's recognition reflects its strong performance in sustainability, including its commitment to reaching net-zero direct emissions (known as scope one) and significantly reducing indirect emissions (scope two) by 2040. This recognition also highlights Toronto Hydro's ongoing efforts to enhance grid reliability and foster a diverse and inclusive workplace. To learn more about Toronto Hydro's environmental performance, please visit QUICK FACTS This is the eighth time that Toronto Hydro has been recognized for its leadership in Environmental, Social and Governance, sustainability and climate adaptation by Corporate Knights Inc.'s Best 50 Corporate Citizens in Canada list Toronto Hydro is one of only 12 electrical utilities in Canada to be designated as a Sustainable Electricity Leader™ by Electricity Canada, in recognition of its sustainability performance Toronto Hydro operates an externally certified Environmental, Health and Safety Management System in accordance with the International Organization for Standardization's (ISO) 2015 Standard for Environmental Management Systems (ISO 14001:2015) and 2018 Standard for Occupational Health and Safety Management Systems (ISO 45001:2018) Electric vehicles and plug-in hybrid electric vehicles account for 30 per cent of Toronto Hydro's fleet Toronto Hydro achieved a 19 per cent reduction in building emissions in 2024 compared to 2019 QUOTE "At Toronto Hydro, sustainability isn't just a goal, it's embedded in our purpose and values. Being recognized by Corporate Knights for the eighth time reflects our commitment to powering a cleaner, more resilient Toronto while supporting the city's journey to net-zero. We're proud to lead by example in building a sustainable energy future for all Torontonians." - Jana Mosley, President and CEO, Toronto Hydro ABOUT TORONTO HYDRO Toronto Hydro is a holding company which wholly owns two subsidiaries: Toronto Hydro-Electric System Limited (THESL) – distributes electricity; and Toronto Hydro Energy Services Inc. – provides streetlighting and expressway lighting services in the city of Toronto The principal business of Toronto Hydro and its subsidiaries is the distribution of electricity by THESL, which owns and operates the electricity distribution system for Canada's largest city. Recognized as a Sustainable Electricity Leader™ by Electricity Canada, it has approximately 796,000 customers located in the city of Toronto and distributes approximately 18 per cent of the electricity consumed in Ontario. SOCIAL MEDIA ACCOUNTS SOURCE Toronto Hydro Corporation

SEWA obtains ISO 45001:2018 and ISO 14001:2015 certification
SEWA obtains ISO 45001:2018 and ISO 14001:2015 certification

Sharjah 24

time7 days ago

  • Business
  • Sharjah 24

SEWA obtains ISO 45001:2018 and ISO 14001:2015 certification

This achievement follows the completion of the project's implementation by the Strategy and Corporate Development Department, which supervised the implementation of the project during the first quarter of 2025 across several SEWA departments, in collaboration with the Occupational Health and Safety Department, in accordance with the required standards. The project aims to improve and develop services, implement best practices, and comply with international policies, enhancing the work environment and raising the level of institutional performance and business continuity. Innovation and quality at the heart of SEWA Majid Issa Hureimel Al Shamsi, Executive Director of Corporate Support at SEWA, emphasised that the project falls within the authority's vision and strategy of innovation and quality, and continues to work on implementing further initiatives that support the provision of the best work environment and the development of corporate services. Al Shamsi pointed out that the authority obtained the ISO 45001:2018 certification for Occupational Health and Safety after applying the standards and specifications to six departments within the authority, including the Central Warehouses, Control and Supervision, Natural Gas, Energy Transmission, Kalba Administration, and Khorfakkan Administration. The authority also obtained the ISO 14001:2015 certification for Environmental Management System after applying the standards and specifications to the Electricity Production Department (Al Layyah Power Plant).

Shri Hare-Krishna Sponge Iron Limited launches 29.91 crore IPO
Shri Hare-Krishna Sponge Iron Limited launches 29.91 crore IPO

India Gazette

time20-06-2025

  • Business
  • India Gazette

Shri Hare-Krishna Sponge Iron Limited launches 29.91 crore IPO

HT Syndication New Delhi [India], June 20: Shri Hare-Krishna Sponge Iron Limited, engaged in the manufacturing and sale of sponge iron, has announced the launch of its Initial Public Offering (IPO) on the NSE Emerge platform. The IPO will open on June 24, 2025, and close on June 26, 2025, with a price band of 56 to 59 per equity share of face value 10 each. The issue comprises a fresh issue of 50,70,000 equity shares, aggregating to 29.91 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the issue. The minimum application lot is 2,000 equity shares. Allocation is as follows: - 24,02,000 shares for Qualified Institutional Buyers (QIB) - 7,24,000 shares for Non-Institutional Investors (NII) - 16,86,000 shares for Retail Individual Investors (RII) - 2,58,000 shares for Market Makers Utilization of Proceeds: - Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur: 2,300 Lakhs - General Corporate Purpose Company Overview Shri Hare-Krishna Sponge Iron Limited, incorporated in 2003 and based in Raipur, Chhattisgarh, operates in the sponge iron manufacturing segment. The company owns a manufacturing unit spread across 13.45 acres with an annual installed capacity of 30,000 metric tonnes. Sponge iron produced by the company is a key raw material for electric arc and induction furnace-based steel production. The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. Financial Highlights (FY25): - Revenue: 80.47 crore- EBITDA: 10.78 crore (13.40%)- PAT: 9.20 crore (11.43%)- ROCE: ~15% Leadership - Mr. Manoj Parasrampuria, Chairman and Managing Director - Mr. Abhishek Parasrampuria, CFO Investor and Media Contact: Corporate Communications - Shri Hare-Krishna Sponge Iron LimitedFlat No. 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, 403/1, Dakshindari Road, VIP Road, Sreebhumi, North 24 Parganas, Kolkata - 700048 - Email: cs@ - Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Shri Hare-Krishna Sponge Iron Limited does not undertake to update these statements publicly. (ADVERTORIAL DISCLAIMER: The above press release has been provided by HT Syndication. ANI will not be responsible in any way for the content of the same)

Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO
Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO

Business Standard

time20-06-2025

  • Business
  • Business Standard

Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO

HT Syndication New Delhi [India], June 20: Shri Hare-Krishna Sponge Iron Limited, engaged in the manufacturing and sale of sponge iron, has announced the launch of its Initial Public Offering (IPO) on the NSE Emerge platform. The IPO will open on June 24, 2025, and close on June 26, 2025, with a price band of ₹56 to ₹59 per equity share of face value ₹10 each. The issue comprises a fresh issue of 50,70,000 equity shares, aggregating to ₹29.91 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the issue. The minimum application lot is 2,000 equity shares. Allocation is as follows: - 24,02,000 shares for Qualified Institutional Buyers (QIB) - 7,24,000 shares for Non-Institutional Investors (NII) - 16,86,000 shares for Retail Individual Investors (RII) - 2,58,000 shares for Market Makers Utilization of Proceeds: - Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur: ₹2,300 Lakhs - General Corporate Purpose Company Overview Shri Hare-Krishna Sponge Iron Limited, incorporated in 2003 and based in Raipur, Chhattisgarh, operates in the sponge iron manufacturing segment. The company owns a manufacturing unit spread across 13.45 acres with an annual installed capacity of 30,000 metric tonnes. Sponge iron produced by the company is a key raw material for electric arc and induction furnace-based steel production. The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. Financial Highlights (FY25): - Revenue: ₹80.47 crore - EBITDA: ₹10.78 crore (13.40%) - PAT: ₹9.20 crore (11.43%) - ROCE: ~15% Leadership - Mr. Manoj Parasrampuria, Chairman and Managing Director - Mr. Abhishek Parasrampuria, CFO Investor and Media Contact: Corporate Communications - Shri Hare-Krishna Sponge Iron Limited Flat No. 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, 403/1, Dakshindari Road, VIP Road, Sreebhumi, North 24 Parganas, Kolkata - 700048 - Email: cs@ - Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Shri Hare-Krishna Sponge Iron Limited does not undertake to update these statements publicly.

Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO
Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO

Economic Times

time20-06-2025

  • Business
  • Economic Times

Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shri Hare-Krishna Sponge Iron Limited, engaged in the manufacturing and sale of sponge iron, has announced the launch of its Initial Public Offering ( IPO ) on the NSE Emerge opens on June 24, closes June 26 With face value of ₹10 each, the price band is ₹56 to ₹59 per equity share To support capital expenditure and general corporate purposes The IPO will open on June 24, 2025, and close on June 26, 2025, with a price band of ₹56 to ₹59 per equity share of face value ₹10 issue comprises a fresh issue of 50,70,000 equity shares , aggregating to ₹29.91 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the minimum application lot is 2,000 equity shares. Allocation is as follows: 24,02,000 shares for Qualified Institutional Buyers (QIB) 7,24,000 shares for Non-Institutional Investors (NII) 16,86,000 shares for Retail Individual Investors (RII) 2,58,000 shares for Market Makers Utilization of Proceeds: Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur: ₹2,300 Lakhs General Corporate Purpose Company Overview Shri Hare-Krishna Sponge Iron Limited, incorporated in 2003 and based in Raipur, Chhattisgarh, operates in the sponge iron manufacturing segment. The company owns a manufacturing unit spread across 13.45 acres with an annual installed capacity of 30,000 metric tonnes. Sponge iron produced by the company is a key raw material for electric arc and induction furnace-based steel company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 Highlights (FY25): Revenue: ₹80.47 crore EBITDA: ₹10.78 crore (13.40%) PAT: ₹9.20 crore (11.43%) ROCE: ~15% Leadership Mr. Manoj Parasrampuria, Chairman and Managing Director Mr. Abhishek Parasrampuria, CFO Investor and Media Contact: Corporate Communications - Shri Hare-Krishna Sponge Iron Limited Flat No. 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, 403/1, Dakshindari Road, VIP Road, Sreebhumi, North 24 Parganas, Kolkata - 700048 Email: cs@ Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Shri Hare-Krishna Sponge Iron Limited does not undertake to update these statements publicly.(Disclaimer: The above press release comes to you under an arrangement with PNN and takes no editorial responsibility for the same.).

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