Latest news with #ScienceBasedTargets
Business Wire
3 days ago
- Business
- Business Wire
Essex Property Trust Publishes 2024 Sustainability and Impact Report
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) published today its 2024 Sustainability and Impact Report. This report recognizes the Company's progress towards its sustainability goals and announces new emissions reduction targets, which were recently approved by the Science Based Targets initiative ('SBTi'). 'I'm proud to share the tremendous strides we've made towards improving our environmental footprint and positively contributing to the communities we serve. Our ambitious goals demonstrate our commitment to sustainability and building long-term value for our stakeholders,' said Angela L. Kleiman, Essex's President and CEO. Other Notable Highlights Include: Achieved a GRESB score of 86 in 2024, earning a four-star designation and improving two points from the prior year. Named to Newsweek's List of Most Responsible Companies for a fifth consecutive year. Recognized by U.S. News and World Report as a 2024-2025 Best Company to Work For. Further, the Company was recently recognized for a second consecutive year. Decreased Scope 1 and Scope 2 GHG Emissions by approximately 12% as compared to 2023. Additional details on progress toward achievement of goals and initiatives can be found in the Company's 2024 Sustainability and Impact Report which can be accessed on the Investors section of the Company's website at under Sustainability. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust ('REIT') that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 257 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company's website at
Miami Herald
3 days ago
- Business
- Miami Herald
Sama Achieves B Corp Recertification and Releases 2024 Impact Report
Company's B Impact score climbed 19.9 points, while its 2024 initiatives cut carbon footprint 17.1%, shifted 23% of electricity to renewables, and deepened career-building programs for East African talent SAN FRANCISCO, CA / ACCESS Newswire / June 26, 2025 / Sama, the leader in purpose-built, responsible enterprise AI with agile data labeling for model training and performance evaluation, today announced its successful recertification as a Certified B Corporation™, marking a significant milestone in the company's commitment to balancing profit with purpose. The recertification comes alongside the release of Sama's 2024 Annual Impact Report, which details the company's progress across key environmental, social, and governance (ESG) initiatives. Sama received an overall B Impact score of 118.4 from B Corp, up from 98.5 at initial certification in 2020. The new score affirms Sama's progress across governance, workforce development, community impact and environmental stewardship, exceeding the 80-point threshold required for B Corp status and more than doubling the median score of ordinary businesses. Full results of Sama's score can be found here. B Corp companies are pioneers in establishing a fair, inclusive and regenerative economy, measured according to stringent criteria by B Lab across operations, including governance, community involvement, environmental impact and more. "We are thrilled to recertify as B Corp, which offers independent proof that responsible AI can, and must, deliver measurable benefits to both people and planet," said Wendy Gonzalez, CEO of Sama. "Raising our score nearly 20 points reflects the thousands of decisions our teams made in recent years to embed ethics, transparency and sustainability deep into our business model." Sama's recently published 2024 Impact Report details a year of accelerated stakeholder value that included: 17.1% reduction in absolute carbon emissions from the 2023 baseline, advancing the company's Science Based Targets initiative (SBTi) validated targets.23% of global electricity sourced from renewables, supported by partnerships with San Francisco's CleanSF program and Kenya's Malindi Solar professional development and mentorship programs linking senior leaders with emerging talent in Kenya and Uganda, alongside the continuation of the Sama Scholarship Program for degree completion and launching key training programs to advance AI skills for digital workers.A successful Give Work Challenge, which included issuing new grants to high-potential social enterprises in East Africa through the Leila Janah Foundation. Sama was recently recognized as one of the top three Inspiring Workplaces in 2025 across the Middle East and Africa, one of only two tech companies and the sole data-annotation provider on the list. The company was also recognized by Newsweek on its Greatest Workplaces for Women and Greatest Workplaces for Inclusion & Diversity lists. About B Lab AfricaB Lab Africa is transforming the economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, and tools for business, and we certify companies-known as B Corps-who are leading the way. To date, our global community includes over 9,500 B Corps in 104 countries and 160 industries, and over 6,100 companies in Africa manage their impact with the B Impact Assessment and the SDG Action Manager. About SamaSama is a global leader in data annotation solutions for computer vision, generative AI and large language models. Our solutions minimize the risk of model failure and lower the total cost of ownership through an enterprise ready ML-powered platform and SamaIQ™, actionable data insights uncovered by proprietary algorithms and a highly skilled on-staff team of over 5,000 data experts. 40% of FAANG companies and other major Fortune 50 enterprises, including GM, Ford and Microsoft, trust Sama to help deliver industry-leading ML models. Driven by a mission to expand opportunities for underserved individuals through the digital economy, Sama is a certified B-Corp and has impacted more than 69,000 people since 2008. An MIT-led Randomized Controlled Trial has validated that Sama's training and employment programs generated meaningful employment- and income-related outcomes. For more information, visit Sama Media Contact:press@ SOURCE: Sama
The Sun
4 days ago
- Business
- The Sun
ABB among TIME's World's Most Sustainable Companies
ZURICH, SWITZERLAND - EQS Newswire - 25 June 2025 - --> ABB ranked 14th in the 'World's Most Sustainable Companies 2025' list by TIME Magazine and Statista --> ABB named third most sustainable company across all industries in Switzerland --> Companies assessed on sustainable business practice, commitments & ratings, reporting standards & transparency, environmental & social stewardship ABB has been ranked 14th in TIME's 'World's Most Sustainable Companies 2025' and third in Switzerland across all industries. TIME and Statista assessed over 5,000 of the world's largest and most influential companies, considering factors such as revenue, market capitalization, and public prominence. The top 500 companies from 35 countries and 21 industries were identified using a transparent methodology involving a rigorous 4-step process and the evaluation of more than 20 key performance indicators. Companies were assessed on sustainable business practices, commitments & ratings, reporting standards & transparency, environmental & social stewardship. An overall sustainability score was calculated, with a maximum achievable score of 100. ABB achieved a score of 81.92. 'Being among the top 15 in the World's Most Sustainable Companies 2025 is testament to ABB's strategic approach of embedding sustainability into the business with a focus on transparency and accountability,' said Anke Hampel, ABB's Group Head of Sustainability. 'Our Sustainability Agenda aims to enable a low-carbon society, preserve resources and promote social progress for a net-zero future. As a global technology leader in electrification and automation, we help our customers optimize energy use, reduce emissions, and accelerate the transition to more resilient, resource-efficient operations.' ABB has set ambitious net zero targets validated by the Science Based Targets initiative (SBTi). The company aims to reduce Scope 1 and 2 emissions by 80% by 2030 and 100% by 2050, compared to a 2019 baseline. In 2024, ABB achieved a 78% reduction of Scope 1 and 2 GHG emissions since 2019 and decreased Scope 3 emissions by 8% compared to 2022. ABB has also been recognized for leadership in corporate transparency and performance on climate change by the global environmental non-profit organization Carbon Disclosure Project (CDP) securing a place on its annual 'A List' in April 2025. In May 2025, ABB received a rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment. Discover more about ABB's sustainability approach and progress: ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they out-perform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).
Time Magazine
5 days ago
- Business
- Time Magazine
How TIME and Statista Determined the World's Most Sustainable Companies of 2025
Statista and TIME have joined forces to identify the World's Most Sustainable Companies of 2025, aiming to highlight corporate responsibility and promote sustainable practices. In an era marked by significant environmental challenges and social inequalities, it is crucial to recognize and reward companies prioritizing sustainability. By featuring these leading entities, the ranking sets a benchmark for other businesses, fostering transparency and accountability and encouraging the integration of sustainability into core corporate strategies. Methodology The ranking process began with a comprehensive selection from over 5,000 of the world's largest and most influential companies, considering factors such as revenue, market capitalization, and public prominence. The process involved a rigorous 4-step methodology to identify the top 500 companies, evaluated on more than 20 key data points. Exclusion of Non-Sustainable Businesses: The first step excluded companies involved in non-sustainable industries like fossil fuels or deforestation. Additionally, companies appearing on negative lists related to sustainability issues, such as those identified as carbon majors or associated with environmental catastrophes, were automatically disqualified. These include: Forest 500 Report (based on 2023 data), Carbon Majors (based on 2023 data), PERI Top 100 Polluter Indexes: Air, Water, Greenhouse, Toxic Greenhouse, Suppliers, Coal (based on 2022 data.) This step also considered significant scandals or controversies related to sustainability. Commitment & Ratings: The second step involved assessing companies based on external sustainability ratings and commitments from reputable organizations. Key criteria included CDP ratings, adherence to the UN Global Compact, alignment with the Science Based Targets initiative (near-term and long-term), inclusion in the S&P Global Sustainability Yearbook, participation in the UNFCCC Race to Zero campaign, and MSCI ESG & SRI evaluations. Reporting & Transparency: The third step evaluated the availability and quality of sustainability reports. This included verifying whether companies published an ESG report for 2023, ensuring these reports had undergone external assurance, and assessing compliance with international reporting standards such as GRI, SASB, and TCFD (now part of the IFRS/ISSB standards). Environmental & Social Stewardship: The final step involved researching various environmental and social Key Performance Indicators (KPIs) from companies' Corporate Social Responsibility (CSR) reports. Environmental metrics included emission intensity, emission intensity reduction, energy intensity, renewable energy ratio, waste intensity and the proportion of recycled waste. Social metrics covered aspects like gender diversity on the board of directors and in leadership, gender pay gap, work safety, and employee turnover. An overall sustainability score was calculated, with a maximum achievable score of 100. The top 500 companies with the highest scores were awarded the title of World's Most Sustainable Companies 2025. These companies are spread across more than 30 countries, with the United States, Japan, and France hosting the highest numbers. See the full list here.
Hans India
20-06-2025
- Business
- Hans India
Ambuja, ACC get pats with Net-Zero targets
Ambuja Cements and ACC, the cement and building materials companies of the diversified Adani Portfolio, have achieved a landmark sustainability milestone as the leading two Indian cement companies amongst peers to have their net-zero targets validated by the Science Based Targets initiative (SBTi), it was announced on Thursday. The SBTi's 'Corporate Net-Zero Standard' is the world's only framework for corporate net-zero target setting in line with climate science.'We take immense pride in Ambuja Cements' and ACC's long-standing tradition of pioneering sustainability initiatives as we feel a strong responsibility to act in the climate crisis,' said Vinod Bahety, CEO-Cement Business, Adani group. The SBTi validation proves the companies' commitment to building a sustainable and responsible business, by doing not what is easy but what is necessary and positioning them as corporate leaders of the low-carbon transition. This recognition places them at the forefront of India's industrial decarbonisation, committed to cutting emissions at the pace and scale required to meet the Paris Agreement's 1.5 degrees Celsius goal. Ambuja is also the first cement manufacturer globally to join the Alliance for Industry Decarbonization (AFID), led by the International Renewable Energy Agency (IRENA) and is a member of WEF's Transitioning Industrial Clusters initiative. Synergies across the Adani Group ecosystem are central to this ambition. With a $100 billion commitment to India's green energy transition, the Group is scaling renewable capacity from 14.2 GW to 50 GW by 2030 and building an integrated green hydrogen platform.
