Latest news with #TPT
Yahoo
6 days ago
- Business
- Yahoo
IFRS Foundation guidance on climate transition disclosures
The IFRS Foundation has published a new guidance document outlining the disclosures related to an entity's climate-related transition. It includes transition plans, under IFRS S2, as part of its efforts to support the implementation of IFRS Sustainability Disclosure Standards (ISSB Standards). The guidance builds on materials developed by the Transition Plan Taskforce (TPT), for which the IFRS Foundation assumed responsibility in 2024. It aims to assist entities applying IFRS S2 Climate-related Disclosures by enabling them to provide high-quality information about their climate-related transition, covering both the mitigation and adaptation of efforts. Developed with insights from stakeholder roundtables held earlier in 2025, the guidance adapts TPT materials for global applicability while maintaining compatibility with the ISSB global baseline. In addition it focuses on disclosures related to climate-related risks and opportunities that impact an entity's prospects. Although IFRS S2 does not mandate a transition plan, it requires entities to disclose material information about the sustainability-related risks and opportunities that could affect their prospects, including the details of their climate-related transition. The guidance defines an entity's climate-related transition as a process involving strategies, targets, actions, or resources to address climate-related risks and opportunities, such as transitioning to a lower-carbon or climate-resilient economy. The document also provides much needed clarity on the disclosures required under IFRS S2 for entities with such strategies. It complements existing jurisdictional materials or recommendations on creating transition plans and their content. The IFRS Foundation encourages jurisdictions adopting or using ISSB Standards to leverage this guidance, in order to ensure high-quality, comparable information about transition plans. The document does not alter or add to the requirements of IFRS S2. The Foundation will monitor disclosures made by entities applying IFRS S2 and assess the need for further enhancements to the application guidance, with any changes subject to consultation per its due process. "IFRS Foundation guidance on climate transition disclosures" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
IOL News
16-06-2025
- IOL News
Concerns raised over safety protocols at Saldanha Bay Port following docking of vessel
Questions were raised about the recent docking of the Forest 6 cargo vessel at the Saldanha Bay Port recently. Allegations have surfaced from Transnet Port Terminals (TPT) insiders and other officials regarding the recent docking of the vessel Forest 6 at Saldanha Bay Port, which has allegedly offloaded 48 isotainers without adhering to essential safety protocols. The incident has prompted a deeper investigation into compliance with the National Occupational Health and Safety Act by both TPT and the Transnet National Ports Authority (TNPA), raising concerns about the safety measures in place to protect workers and the environment at the port. According to information from some officials on the ground, who asked not to be named for fearing reprisals, the Forest 6 vessel docked at Jetty 406 and began offloading approximately 1728 tonnes of liquefied petroleum gas (LPG) despite stringent objections from local safety authorities at Transnet Port Terminals (TPT). "On June 10 at 14:50, officials at TPT expressed grave concerns regarding the risks associated with the offloading process. Citing safety grounds, they rejected the vessel's offloading request, citing the unusual weight and the use of a crane that is not standard for the terminal environment." However, while this was going on, an unnamed official from "head office" intervened, overruling the local TPT safety objections and insisted that the operation continue. According to TPT in response to detailed questions, the Forest 6 docked at their terminal from June 10 until June 12, 2025 under a standing terminal operating license, allowing them to handle such cargo. They stated that all safety protocols, compliant with standard operating procedures at the terminal, were diligently followed throughout the operation. However, they refrained from divulging any third-party information or documentation, citing the stipulations of the Protection of Personal Information Act (POPI Act). Contrarily, the TNPA has asserted that no vessel has docked at Saldanha Bay without adhering to the strict tenets outlined in the National Ports Act and corresponding Port Rules and Berthing Guidelines. Ayanda Shezi, the group head of corporate affairs at Transnet maintained that the Forest 6, which was granted ISPS (International Ship and Port Facility Security) clearance by the Department of Transport on 15 May 2025, was assigned to berth 201 after a comprehensive risk assessment according to established regulatory frameworks. Furthermore, she confirmed that customs clearance was mandatory for all incoming cargo at South African ports, a process that is rigorously verified by the terminal operator. "No vessel has docked in the Port of Saldanha without following the prescripts of the National Ports Act, Port Rules, and Berthing Guidelines. TNPA is not aware of vessel/ terminal operations that are inviolation of the National Occupational Health and Safety Act or any applicable safety protocols. "The Vessel 'Forest 6' was ISPS (security) cleared on May 15, 2025 by the Department of Transport and docked by TNPA Marine Services at Berth 201 on June 10. "TNPA assigned the vessel Forest 6 to berth 201 based on a comprehensive risk assessment, in line with the National Ports Act and Port Rules. No imported cargo is allowed to land in a South African port without customs clearance, such clearance is verified by the Terminal Operator. "Lastly, TNPA is not required to notify the South African Reserve Bank regarding products in the cargo carried by vessels," she explained. Bongani Philips, the CEO and Chairman of LIU Energy, which was one of the companies responsible for bringing in and importing the Liquefied Petroleum Gas in isotaners on board vessel Forest 6 at Saldanha Bay, denied allegations of violations of safety protocols in bringing in the products. He raised urgent concerns regarding the treatment of black-owned companies in South Africa's energy sector, particularly in the importation of LPG. Phillips expressed frustration at the refusal to grant important licenses that would allow them to operate efficiently. He noted that the same cargo that faced scrutiny in South Africa was routinely imported into Namibia without issue, raising questions of selective enforcement and potential discrimination. 'LPG in ISO containers is not more dangerous than the bombs and bullets imported for military defence in this province. "I will not allow certain individuals to dictate terms to me when I have the rights to bring cargo into South Africa,' he said. DAILY NEWS
Yahoo
22-05-2025
- Entertainment
- Yahoo
PBS Faces Crisis After Government Pulls Plug on Kids TV Grant
PBS has furloughed 25% of its PBS Kids staff after the U.S. Department of Education abruptly ended a key grant program that's funded educational children's television for over 30 years. Current reported that the move was announced by PBS President Paula Kerger during her keynote speech at the 2025 PBS Annual Meeting in Atlanta, just days after the Department pulled the plug on the Ready To Learn grant program for 2020–2025. That decision halted federal funding to PBS and 44 local public media stations mid-cycle. 'We've been forced to furlough really talented members of our staff at PBS as we figure out how to continue to advance the PBS Kids service,' Kerger said. 'We are going to keep fighting.' The Ready To Learn initiative has historically supported the creation of educational programming aimed at underserved children and families. Its unexpected termination now threatens the production of beloved PBS Kids shows and the jobs behind them—including freelance writers and producers whose contracts rely on episodic production orders. A PBS spokesperson confirmed the scale of the layoffs, citing the funding loss as a critical blow to the network's ability to deliver high-quality, accessible content. 'This decision removes a critical resource that for over 30 years has enabled us to create high-quality, educational PBS Kids content while opening up worlds of possibilities for millions of children across the country.' The Writers Guild of America East called the cuts 'an attack on children and families' and urged Congress to fully restore federal funding for public children's programming. "Our children deserve no less," the union said in a statement. Other grantees, including Minnesota-based TPT, have also cut staff as a result. TPT had received $4.6 million in Ready To Learn funds for the current grant cycle to support its animated series Skillsville. While PBS Kids remains a staple in homes across America, its future—at least in its current form—now hangs in the balance.
Yahoo
12-05-2025
- Entertainment
- Yahoo
Gus Walz speaks for the first time about his viral DNC moment: ‘I was just being emotional'
In his first-ever interview, Gus Walz explained his instantly viral moment at the Democratic National Convention in August when his father, Gov. Tim Walz, accepted the nomination for vice president. Gus pointed at his father, stood up and, with tears in his eyes, said, 'That's my dad!' 'I was just being emotional,' Gus, 18, said in a 'CBS Mornings' interview that aired Monday. 'There's nothing wrong with showing emotions.' During the interview, Gwen Walz explained that Gus was diagnosed with a nonverbal learning disorder, ADHD and an anxiety disorder in the sixth grade. The experience brought the pair closer than ever and Gus said his mom is his best friend. 'Routine really helps me, you know. Consistency. So I think my mom and me were, like, 'All right, let's go in. Let's go try and figure some stuff out.' And that's really kind of what started us getting super, super close,' Gus said. 'Whatever I need, my mom's there. She's the most important person in my life.' Here's what else Gus had to say during the interview: 'It was crazy. And I'm looking at my mom and I'm like, you know, that's my dad. He's right there. He's right in front of America. All these people chanting our last name, it was super overwhelming. Because to me, he's just regular old dad, you know, just normal dad. Golfs with me, makes food, cleans the cars, everything like that. And in that moment it was something bigger. It was just surreal.' 'I just kind of ignored it, I guess, was the only way to put it. I just continued to do what I do. I just blocked it out because I was just being emotional. Like, there's nothing wrong with showing emotions and if people are going to say there's something wrong with that, then those are not the people that I want to be associated with. So, I kind of just blocked that out.' 'I think some people think I'm a little slow and, like, I'm not like a normal kid. And I think that I'm one of the most normal people that you could find … I am a normal kid who likes to play volleyball, loves his family, loves his friends and likes to help people out.' 'There's definitely some big strengths … I'm really good at making relationships with people. One of the things I'm not as good at is picking up on non-verbal cues like when somebody, you know, says they're done or they're ready to be done. Sometimes I can't tell if they're being serious or not. Public media outlets MPR and TPT brace for federal funding cuts MN moves to strengthen DWI laws after fatal St. Louis Park crash With one week left, what's happening with the MN budget at the Legislature? Walz signs bill expanding support for service dogs in training Gov. Walz encourages legislators, and anglers, to get the lead out 'Like a volleyball ref. Sometimes I'll do something wrong and they'll go up and they'll be like, 'All right, you've got to knock that off.' But I'm like, oh they're just messing. And then I'll go back and I'll do it again and get in a little bit more trouble. So what I've learned is a strength for me is to make that relationship before the game. So I'll go up and greet the ref before the game and be like hey this is me.' 'There's a promposal going on after. I've been talking to this girl. Her name's Eleanor. Really nice girl. And I'm going to ask her to prom.' (She said yes.)
IOL News
12-05-2025
- Business
- IOL News
Transnet Port Terminals stabilises operations and positions for future expansion
Transnet Port Terminals (TPT) CEO Jabu Mdaki speaking at the Transport Forum in Durban on Tuesday. Image: Supplied Transnet Port Terminals (TPT) is shifting into a growth trajectory following the recent stabilisation of its business operations, as CEO Jabu Mdaki revealed at the Transport Forum in Durban on Tuesday. This rally comes after the terminal operator adopted a multifaceted approach, which is now beginning to yield significant results in the freight and logistics sector. TPT has earmarked a substantial R3.4 billion for new equipment acquisitions in the 2025/2026 financial year, demonstrating its commitment to modernising infrastructure and enhancing operational efficiencies. Key initiatives include a thorough review of loading cycles in the container sector, upgrading rail infrastructure and agricultural capacity at the Cape Town Multipurpose Terminal, and the anticipated delivery of a third tippler to Saldanha's Bulk Terminal operations by October 2025. Historically, underinvestment in equipment alongside adverse weather conditions and strict policies has hampered TPT's operational efficiency. However, the company has embarked on an ambitious plan to refurbish its current fleet across 16 terminals, which handle various cargo types including agricultural, mineral bulk, breakbulk, containers, and automotive. 'We have also had to employ newtechnologies, automate some of our processes and maximise data analytics in order to predictmaintenance and obtain business intelligence for effective planning and performance,' saidMdaki. To further drive recovery, TPT has introduced new technologies, automated key processes, and leveraged data analytics to predict maintenance needs and derive business intelligence for effective planning and performance improvement. Recent preliminary figures for the 2024/2025 financial year indicate that TPT has surpassed volume targets at five of its 16 terminals, including remarkable achievements at the Richards Bay Terminals, Durban Container Terminal Pier 1, Durban Multipurpose Terminal, and the Port Elizabeth Container Terminal. Despite these successes, Mdaki emphasised the operator's ongoing focus on improved efficiencies, increasing volume growth across sectors, and expanding its market share. While TPT faces challenges such as the impact of US tariffs on South African exports, Mdaki reassured stakeholders of ongoing collaborations within the industry aimed at mitigating potential repercussions on operational plans and annual forecasts. The citrus fruit season, which commenced in April, has further spotlighted TPT's initiatives. New equipment, including ship-to-shore cranes at the Port Elizabeth Container Terminal, rubber-tyred gantry cranes, straddle carriers, rail-mounted gantry cranes, haulers, forklifts, trailers, reach stackers, and additional cranes at the Durban and Cape Town container terminals, have been commissioned and deployed, amplifying the terminal's operational capabilities. BUSINESS REPORT
