Tetra Pak calls for collaborative innovation to tackle sustainability challenges in the food packaging industry

LAUSANNE, Switzerland, Jan. 25, 2021 /PRNewswire/ — Tetra Pak has introduced a new collaborative innovation model with leading paperboard producers, a move aimed at tackling the food packaging industry’s sustainability challenges. The traditional operating model of a linear supply chain has changed, and a new partnership ecosystem model is emerging, where the entire…

LAUSANNE, Switzerland, Jan. 25, 2021 /PRNewswire/ — Tetra Pak has introduced a new collaborative innovation model with leading paperboard producers, a move aimed at tackling the food packaging industry’s sustainability challenges. The traditional operating model of a linear supply chain has changed, and a new partnership ecosystem model is emerging, where the entire industry works in close collaboration. This brings together not only producers and suppliers, but also research institutions, universities and start-ups in an attempt to find solutions.

According to the latest research the global food supply chain system is responsible for 26% of global greenhouse gas emissions; a third of all food is lost or wasted somewhere in the supply chain; fossil fuel-based materials need to be phased out; and significant improvements are needed to the way packaging is dealt with after use.

Laurence Mott, Executive VP for Development and Engineering at Tetra Pak, says: «We are joining forces with our strategic partners and paperboard producers to find solutions. It’s possible to make a completely sustainable package, but you have to make it safe. And if you can’t make it at scale, you can’t minimise food waste, and you can’t serve a growing global population. In order to bring those three things together, it takes very strong collaboration.»

Mott says that the scale of the environmental challenges the world faces requires that actors within the value chain join forces to develop truly sustainable packaging solutions.

Leading paperboard producers are united in their approach to tackle carbon emissions and have an ambition to create a net-zero carbon future.

Hannu Kasurinen, Executive Vice President Packaging at Stora Enso, a leading global provider of renewable solutions, says: «We trust, we share, we learn together. Our best innovators collaborate, and we move forward and we innovate. Sometimes we fail, but then we learn from those failures. We have grown much closer to each other, because we have the same strategic objectives – which are good for the people and the planet.»

Francisco Razzolini, Industrial Technology, Innovation, Sustainability and Projects Director at Klabin, Brazil’s largest paper producer, says: «We are seeing new demands from society and from consumers to make products and processes that are more sustainable. Meeting these demands requires a lot of collaboration between our companies. By sharing experiences, thoughts, ideas and developments, we can speed up the innovation process.»

Malin Ljung Eiborn, Head of Sustainability and Public Affairs at BillerudKorsnäs, a world leading provider of fibre-based packaging material, says: «The vision is 100% fibre-based and fully recyclable packaging, where plastic and aluminium are not needed anymore. We still have, of course, some steps to go before we are there from a technical perspective. But we work as one project team on this because the only way that we can solve them is to do this together.»

The challenges the industry faces include removing the thin layers of plastic and aluminium replacing them with plant or wood fibre-based materials, developing a renewable alternative to the plastic straw, and improving the recyclability of packages. When responsibly sourced, plant-based renewable materials can support towards protecting biodiversity and the natural ecosystem. This means the industry can minimise the need for fossil-based materials.

And it is these and other challenges on which Tetra Pak and its partners are teaming up within the new collaborative innovation model. Tetra Pak’s aim is to create the world’s most sustainable package – one that secures food safety and availability while reducing the impact on the planet.

Doodle illustrations

Tetra Pak Innovation journey 

Innovating for sustainability

Video – https://www.youtube.com/watch?v=JO9iwd1Fr2c  
Video – https://www.youtube.com/watch?v=kLb514KO8Rs
Photo – https://mma.prnewswire.com/media/1424926/Tetra_Pak.jpg  
Photo – https://mma.prnewswire.com/media/1424927/Tetra_Pak.jpg  
Photo – https://mma.prnewswire.com/media/1424928/Tetra_Pak_Laurence_Mott.jpg  
Photo – https://mma.prnewswire.com/media/1424930/Tetra_Pak.jpg  
Photo – https://mma.prnewswire.com/media/1424931/Tetra_Pak_Lund.jpg  
Logo – https://mma.prnewswire.com/media/1424920/Tetra_Pak_Logo.jpg

 

 

 

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SOURCE Tetra Pak

Pure Lubrication is New LE Distributor in United Kingdom, Providing Solutions to Customers in Multiple Industries

WICHITA, Kan., Jan. 25, 2021 /PRNewswire-PRWeb/ — Lubrication Engineers has announced Pure Lubrication as its new authorized distributor supplying LE products and services throughout the United Kingdom. The Pure team is a great fit for LE, as they are already known for providing outstanding service, working closely with customers to overcome their own unique lubrication challenges, and offering sustainable solutions. Now, they have the added benefit of being able to…

WICHITA, Kan., Jan. 25, 2021 /PRNewswire-PRWeb/ — Lubrication Engineers has announced Pure Lubrication as its new authorized distributor supplying LE products and services throughout the United Kingdom. The Pure team is a great fit for LE, as they are already known for providing outstanding service, working closely with customers to overcome their own unique lubrication challenges, and offering sustainable solutions. Now, they have the added benefit of being able to offer LE’s specialized, high-performance lubricants and full circle of reliability solutions to their customers.

In particular, Pure’s relationship with LE allows it to address the needs of marine, food and beverage, cement, waste water treatment, and power generation customers. With demands on productivity being pushed further and further in nearly every type of business, it’s essential that customers are provided with reliable lubrication solutions that meet these tough requirements.

«Pure Lubrication brings an excellent blend of knowledge on lubricants and reliability that fits well with the philosophy of how Lubrication Engineers delivers results for our customers,» said John Turner, LE’s vice president of international operations. «In addition to their industry experience, the Pure team is laser-focused on servicing their customers and building relationships, not simply taking orders. We look forward to a long partnership with Pure and further expansion into the UK market.»

Lubrication Engineers and Pure Lubrication share a single objective: To ensure that their customers’ equipment – and thereby their business – runs more smoothly.

«We are delighted to be working with Lubrication Engineers, an innovative company that shares our vision, our values and offers the reliable lubrication solutions that we like to provide and industry demands,» said Andrew Samuel, chairman of Pure Lubrication. «We are hugely proud to be part of this new partnership that delivers added value to customers around the UK.»

With LE products as part of its offering, Pure is in an even better position to help its customers keep their production equipment running at maximum productivity, which in turn drives down operating costs.

«No matter what the industry, working in partnership with Lubrication Engineers enables Pure to offer leading edge products that enhance reliability, reduce maintenance and increase efficiency and productivity,» said Simon Campbell, managing director at Pure. «Partnering with LE allows Pure to bring a range of enhanced lubricants to market that far exceed the performance of more conventional lubricants.»

About Pure Lubrication | http://www.purelubrication.co.uk
Pure Lubrication is a technology-driven company that has built a hand-picked team of experts and are focused on providing latest technology lubricants and tailored award-winning lubrication management solutions, supported by expert technical advice from a team with more than 200 years of lubrication experience collectively. We are The Lubrication People and are here to listen and understand the lubrication challenges faced by our customers, offering added value solutions through premium quality LE lubricants and equipment and a level of service that is completely unique.

About Lubrication Engineers | http://www.LElubricants.com
A leader in lubricants since 1951, Lubrication Engineers makes reliability easy, creating solutions for even the toughest lubrication challenges in a variety of industries worldwide. LE boosts its customers’ profits through longer equipment life, extended service intervals, reduced energy use, fewer repairs, and less inventory. It accomplishes all this with highly trained consultants and distributors, technical expertise, a full complement of reliability products and services, and a comprehensive line of enhanced industrial and automotive lubricants manufactured at its plant in Wichita, Kan. The lubricants are formulated from high-quality base oils and proprietary additives, ensuring they exceed the performance of ordinary oils and greases. Lubrication Engineers operates under an ISO 9001 Certified Quality System. Distribution is out of Wichita, as well as regional warehouses in Tennessee and California. The company’s international presence includes distributors in more than 60 countries.

Media Contact

Ann Walden, Lubrication Engineers, Inc., +1 (316) 529-6818, a.walden@le-inc.com

Paul Grimes, Lubrication Engineers, Inc., (316) 529-6807, p.grimes@le-inc.com

Twitter, Facebook

 

SOURCE Lubrication Engineers, Inc.

JA Solar DeepBlue 3.0 Series Successfully Obtains the First 182 Module KS Certification in South Korea

BEIJING, Jan. 25, 2021 /PRNewswire/ — JA Solar, a leading manufacturer of high-performance photovoltaic products, announced that the mono-facial type of its DeepBlue 3.0 series modules has obtained the first KS certification for modules based on 182mm x 182mm wafers, known as «182 modules», meaning the product has got approval for the South Korean PV market. It is expected that the bifacial type of DeepBlue 3.0 will be certified later this month which will offer local customers another…

BEIJING, Jan. 25, 2021 /PRNewswire/ — JA Solar, a leading manufacturer of high-performance photovoltaic products, announced that the mono-facial type of its DeepBlue 3.0 series modules has obtained the first KS certification for modules based on 182mm x 182mm wafers, known as «182 modules», meaning the product has got approval for the South Korean PV market. It is expected that the bifacial type of DeepBlue 3.0 will be certified later this month which will offer local customers another high-efficiency option.

Launched in May 2020, DeepBlue 3.0 integrates the advantages of multiple high-efficiency and low-degradation technologies including the new-generation PERC high-efficiency cell technology PERCIUM+, and Ga-doped silicon wafers, which enables the product to have great reliability, conversion efficiency, and power generation performance. The combined unparalleled performance has made the module one of the best options to help achieve grid parity in 2021.

In September 2020, DeepBlue 3.0 became one of the first 182 modules to get certified by authoritative institutions including TUV, LVD and EMC, paving the way for access to the global PV market, including the European Union PV market with high barriers to entry. Since its first shipment delivery in October 2020, the product has been shipped to a number of markets in America, Europe, Asia, Africa, and has been widely used in large-scale ground-mounted PV plants, rooftop PV systems, solar-fishery integration plants, PV parking lot, etc.

JA Solar has built an excellent reputation and a loyal customer base in the fast-growing South Korean PV market with its high-quality products and services. It has supplied modules for large-scale PV plants in South Korea, including the largest wind-solar hybrid project, the largest PERC bifacial double-glass project in the local market. With the introduction of 182 modules into the South Korean market, JA Solar will provide better-localized services for customers with its leading product and technology advantages, while promoting the development of the local PV market.

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SOURCE JA Solar Technology Co., Ltd.

Sims Limited Included on Global 100 List of the World’s Most Sustainable Companies

Holds top ranking of construction materials companies

NEW YORK, Jan. 25, 2021 /PRNewswire/ — Sims Limited, a global leader in metal recycling and electronics recovery, and an emerging leader in municipal recycling and renewable energy, today announced that it ranked 57th on the 2021 Global 100…

Holds top ranking of construction materials companies

NEW YORK, Jan. 25, 2021 /PRNewswire/ — Sims Limited, a global leader in metal recycling and electronics recovery, and an emerging leader in municipal recycling and renewable energy, today announced that it ranked 57th on the 2021 Global 100 List of most sustainable companies in the world. It also marks the company’s seventh inclusion on the Global 100 list.

«We are honored to be recognized for our integral role in the circular economy by once again being ranked in the Global 100 List of most sustainable companies in the world,» said Alistair Field, Group Chief Executive Officer and Managing Director of Sims Limited. «At Sims Limited, sustainability is at the core of everything we do, and our purpose, create a world without waste to preserve our planet, drives our business and is clearly defined in our recently launched sustainability goals

Announced today with a virtual CEO roundtable discussion focusing on the imperative for businesses to speed up the race to a net-zero-emission economy, the Global 100 list is an annual ranking of corporate sustainability performance compiled by Corporate Knights, an independent consultancy. This year it analyzed 8,080 companies against global industry peers on a suite of up to 24 quantitative key performance indicators, weighted to reflect each industry’s impact profile. The full 2021 methodology can be found here.

Global 100 companies represent the top one percent in the world for sustainability performance. This year, Sims Limited is top ranked among its category peers in the construction materials category.

For the complete 2021 Global 100 List of the most sustainable companies in the world, visit www.corporateknights.com/global100.

About Sims Limited 
Founded in 1917, Sims Limited is a global leader in metal recycling and electronics recovery, and an emerging leader in the municipal recycling and the renewable energy industries. Our 4,000 employees operate from more than 200 facilities across 15 countries. The Company’s ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its American Depositary Shares are quoted on the Over-the-Counter market in the United States (USOTC: SMSMY). Our purpose, create a world without waste to preserve our planet, is what drives us to constantly innovate and offer new solutions in the circular economy for consumers, businesses, governments and communities around the world. For more information, visit www.simsltd.com

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SOURCE Sims Limited

VDAS launches VinFast global showroom design competition, total prize valued over USD 60,000

HO CHI MINH CITY, Vietnam, Jan. 25, 2021 /PRNewswire/ — On January 25th 2021, Vietnam Design Association – Ho Chi Minh City (VDAS) officially announced the «VinFast Global Showroom Design Competition 2021» (VFDC 2021) to find the most outstanding design idea that will be deployed for VinFast smart vehicle brand’s showrooms globally. VFDC 2021 offers designers the opportunity to showcase their talents to the prestigious…

HO CHI MINH CITY, Vietnam, Jan. 25, 2021 /PRNewswire/ — On January 25th 2021, Vietnam Design Association – Ho Chi Minh City (VDAS) officially announced the «VinFast Global Showroom Design Competition 2021» (VFDC 2021) to find the most outstanding design idea that will be deployed for VinFast smart vehicle brand’s showrooms globally. VFDC 2021 offers designers the opportunity to showcase their talents to the prestigious jury board from leading international architectural organizations and win prizes valuing a total of more than USD 60,000.

With the pioneering mission to connect the community of enthusiastic and talented designers and  promote the general development of the architecture and design industry, VDAS has organized VFDC 2021 with deep inspiration from VinFast – Vietnam’s only car brand that has globally inspired millions of people through its image of a modern, dynamic, creative, intellectual, and smart Vietnam. 

VinFast, a subsidiary of Vingroup – one of Asia’s leading groups, is currently the leading car brand in all domestic market segments with key models including VinFast Lux SA2.0, VinFast Lux A2.0, and VinFast Fadil. In addition, VinFast has successfully researched and developed the first 3 level 3-4 Autonomous Smart EV models with 30 outstanding smart features, affirming its vision to be the global smart electric mobility company. This milestone has attracted great attention from global media.

VFDC 2021 organized by VDAS seeks and selects outstanding showroom design ideas that can represent VinFast’s vision and core values, as well as the cultural values and identities of the target markets. This event marks a great milestone for VinFast regarding the company’s global strategy in the US, Europe, Australia, and Asia Pacific markets.

VinFast Global Showroom Design Competition to receive work submitted until 25/2/2021

Undertaking a design competition on a global scale with VinFast’s auspices, VDAS was immediately supported by leading prestigious Interior Design and Architectural organizations such as Asia Pacific Design Center (APDC) and Competitions Archi. In addition to this active support, VFDC 2021 has also received reputable media partners such as ArchDaily, Young Architects Competitions, and PR Newswire.

VFDC 2021 also brings together a distinguished jury board including renowned professors, designer experts from the prestigious architect and design associations globally, and high-level leaders of VinFast.

VFDC Jury board 2021

Work Submission schedule will be from now to 25/2/2021. The works should complete 3D design in 3 main work items:

  • Exterior architectural space with an area of 30m x 20m
  • Architectural space of standard car showroom with a minimum area of 10m x 7m
  • Architectural space of creative zone with a minimum area of 10m x 7m.

The most unique, impressive design ideas will be projected at Times Square, New York (USA) in April 2021. Also, the prize structure includes:

  • 01 First Rank Prize worth 40,000 USD
  • 03 Second Rank Prizes worth USD 3,000 each
  • 05 Third Rank Prizes worth USD 1,000 each
  • 41 Consolation Prizes worth USD 200 each

The winners will also receive certificates from the competition organizers and have the opportunity to cooperate with VinFast in the future.

VFDC 2021 is definitely one of the most attractive architectural competitions in terms of scale, prestige level, and prize value for designers. With its inspiring journey, VinFast has showcased the company’s global vision yet honoring the diversity of backgrounds and styles of designers from all over the world.

For more information, please visit: vinfastcompetition.com

About VDAS 

Vietnam Design Association – Ho Chi Minh City (VDAS) is one of Vietnam’s leading organizations in creative design and architecture.

For further information, please contact:

VinFast Competition Communication Department
info@vinfastcompetition.com

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Photo – https://mma.prnewswire.com/media/1424653/JuryBoard.jpg  

VDAS launches VinFast global showroom design competition, total prize valued over USD 60,000

HO CHI MINH CITY, Vietnam, Jan. 25, 2021 /PRNewswire/ — On January 25th 2021, Vietnam Design Association – Ho Chi Minh City (VDAS) officially announced the «VinFast Global Showroom Design Competition 2021» (VFDC 2021) to find the most outstanding design idea that will be deployed for VinFast smart vehicle brand’s showrooms globally. VFDC 2021 offers designers the opportunity to showcase their talents to the prestigious…

HO CHI MINH CITY, Vietnam, Jan. 25, 2021 /PRNewswire/ — On January 25th 2021, Vietnam Design Association – Ho Chi Minh City (VDAS) officially announced the «VinFast Global Showroom Design Competition 2021» (VFDC 2021) to find the most outstanding design idea that will be deployed for VinFast smart vehicle brand’s showrooms globally. VFDC 2021 offers designers the opportunity to showcase their talents to the prestigious jury board from leading international architectural organizations and win prizes valuing a total of more than USD 60,000.

With the pioneering mission to connect the community of enthusiastic and talented designers and  promote the general development of the architecture and design industry, VDAS has organized VFDC 2021 with deep inspiration from VinFast – Vietnam’s only car brand that has globally inspired millions of people through its image of a modern, dynamic, creative, intellectual, and smart Vietnam. 

VinFast, a subsidiary of Vingroup – one of Asia’s leading groups, is currently the leading car brand in all domestic market segments with key models including VinFast Lux SA2.0, VinFast Lux A2.0, and VinFast Fadil. In addition, VinFast has successfully researched and developed the first 3 level 3-4 Autonomous Smart EV models with 30 outstanding smart features, affirming its vision to be the global smart electric mobility company. This milestone has attracted great attention from global media.

VFDC 2021 organized by VDAS seeks and selects outstanding showroom design ideas that can represent VinFast’s vision and core values, as well as the cultural values and identities of the target markets. This event marks a great milestone for VinFast regarding the company’s global strategy in the US, Europe, Australia, and Asia Pacific markets.

VinFast Global Showroom Design Competition to receive work submitted until 25/2/2021

Undertaking a design competition on a global scale with VinFast’s auspices, VDAS was immediately supported by leading prestigious Interior Design and Architectural organizations such as Asia Pacific Design Center (APDC) and Competitions Archi. In addition to this active support, VFDC 2021 has also received reputable media partners such as ArchDaily, Young Architects Competitions, and PR Newswire.

VFDC 2021 also brings together a distinguished jury board including renowned professors, designer experts from the prestigious architect and design associations globally, and high-level leaders of VinFast.

VFDC Jury board 2021

Work Submission schedule will be from now to 25/2/2021. The works should complete 3D design in 3 main work items:

  • Exterior architectural space with an area of 30m x 20m
  • Architectural space of standard car showroom with a minimum area of 10m x 7m
  • Architectural space of creative zone with a minimum area of 10m x 7m.

The most unique, impressive design ideas will be projected at Times Square, New York (USA) in April 2021. Also, the prize structure includes:

  • 01 First Rank Prize worth 40,000 USD
  • 03 Second Rank Prizes worth USD 3,000 each
  • 05 Third Rank Prizes worth USD 1,000 each
  • 41 Consolation Prizes worth USD 200 each

The winners will also receive certificates from the competition organizers and have the opportunity to cooperate with VinFast in the future.

VFDC 2021 is definitely one of the most attractive architectural competitions in terms of scale, prestige level, and prize value for designers. With its inspiring journey, VinFast has showcased the company’s global vision yet honoring the diversity of backgrounds and styles of designers from all over the world.

For more information, please visit: vinfastcompetition.com

About VDAS 

Vietnam Design Association – Ho Chi Minh City (VDAS) is one of Vietnam’s leading organizations in creative design and architecture.

For further information, please contact:

VinFast Competition Communication Department
info@vinfastcompetition.com

Photo – https://mma.prnewswire.com/media/1424652/KV_horizontal.jpg
Photo – https://mma.prnewswire.com/media/1424653/JuryBoard.jpg  

VDAS launches VinFast global showroom design competition, total prize valued over USD 60,000

HO CHI MINH CITY, Vietnam, Jan. 25, 2021 /PRNewswire/ — On January 25th 2021, Vietnam Design Association – Ho Chi Minh City (VDAS) officially announced the «VinFast Global Showroom Design Competition 2021» (VFDC 2021) to find the most outstanding design idea that will be deployed for VinFast smart vehicle brand’s showrooms globally. VFDC 2021 offers designers the opportunity to showcase their talents to the prestigious…

HO CHI MINH CITY, Vietnam, Jan. 25, 2021 /PRNewswire/ — On January 25th 2021, Vietnam Design Association – Ho Chi Minh City (VDAS) officially announced the «VinFast Global Showroom Design Competition 2021» (VFDC 2021) to find the most outstanding design idea that will be deployed for VinFast smart vehicle brand’s showrooms globally. VFDC 2021 offers designers the opportunity to showcase their talents to the prestigious jury board from leading international architectural organizations and win prizes valuing a total of more than USD 60,000.

With the pioneering mission to connect the community of enthusiastic and talented designers and  promote the general development of the architecture and design industry, VDAS has organized VFDC 2021 with deep inspiration from VinFast – Vietnam’s only car brand that has globally inspired millions of people through its image of a modern, dynamic, creative, intellectual, and smart Vietnam. 

VinFast, a subsidiary of Vingroup – one of Asia’s leading groups, is currently the leading car brand in all domestic market segments with key models including VinFast Lux SA2.0, VinFast Lux A2.0, and VinFast Fadil. In addition, VinFast has successfully researched and developed the first 3 level 3-4 Autonomous Smart EV models with 30 outstanding smart features, affirming its vision to be the global smart electric mobility company. This milestone has attracted great attention from global media.

VFDC 2021 organized by VDAS seeks and selects outstanding showroom design ideas that can represent VinFast’s vision and core values, as well as the cultural values and identities of the target markets. This event marks a great milestone for VinFast regarding the company’s global strategy in the US, Europe, Australia, and Asia Pacific markets.

VinFast Global Showroom Design Competition to receive work submitted until 25/2/2021

Undertaking a design competition on a global scale with VinFast’s auspices, VDAS was immediately supported by leading prestigious Interior Design and Architectural organizations such as Asia Pacific Design Center (APDC) and Competitions Archi. In addition to this active support, VFDC 2021 has also received reputable media partners such as ArchDaily, Young Architects Competitions, and PR Newswire.

VFDC 2021 also brings together a distinguished jury board including renowned professors, designer experts from the prestigious architect and design associations globally, and high-level leaders of VinFast.

VFDC Jury board 2021

Work Submission schedule will be from now to 25/2/2021. The works should complete 3D design in 3 main work items:

  • Exterior architectural space with an area of 30m x 20m
  • Architectural space of standard car showroom with a minimum area of 10m x 7m
  • Architectural space of creative zone with a minimum area of 10m x 7m.

The most unique, impressive design ideas will be projected at Times Square, New York (USA) in April 2021. Also, the prize structure includes:

  • 01 First Rank Prize worth 40,000 USD
  • 03 Second Rank Prizes worth USD 3,000 each
  • 05 Third Rank Prizes worth USD 1,000 each
  • 41 Consolation Prizes worth USD 200 each

The winners will also receive certificates from the competition organizers and have the opportunity to cooperate with VinFast in the future.

VFDC 2021 is definitely one of the most attractive architectural competitions in terms of scale, prestige level, and prize value for designers. With its inspiring journey, VinFast has showcased the company’s global vision yet honoring the diversity of backgrounds and styles of designers from all over the world.

For more information, please visit: vinfastcompetition.com

About VDAS 

Vietnam Design Association – Ho Chi Minh City (VDAS) is one of Vietnam’s leading organizations in creative design and architecture.

For further information, please contact:

VinFast Competition Communication Department
info@vinfastcompetition.com

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SOURCE VDAS Design Association HCM, VN

His Royal Highness The Prince of Wales participating in today’s release of annual ranking of World’s 100 Most Sustainable Corporations

TORONTO, Jan. 25, 2021 /PRNewswire/ – Corporate Knights 17th annual ranking of the world’s 100 most sustainable corporations is being released this morning, at a virtual event opening with live remarks from His Royal Highness The Prince of Wales. The ranking is based on a rigorous assessment of 8,080 companies with more than US$1 billion in revenues. According to the Toronto-based sustainable-business research company’s…

TORONTO, Jan. 25, 2021 /PRNewswire/ – Corporate Knights 17th annual ranking of the world’s 100 most sustainable corporations is being released this morning, at a virtual event opening with live remarks from His Royal Highness The Prince of Wales. The ranking is based on a rigorous assessment of 8,080 companies with more than US$1 billion in revenues. According to the Toronto-based sustainable-business research company’s latest analysis, the world’s most sustainable corporation in 2021 is Schneider Electric SE, a French company providing digital energy and automation solutions. 

From its inception on February 1, 2005, to December 31, 2020, the Global 100 Index has generated a total investment return of 263% compared to 220% for the MSCI ACWI Index.

Global 100 companies earn on average 41% of their revenues from products or services aligned with the UN Sustainable Development Goals, compared to just 8% for their peers.

Metric

Global 100

MSCI ACWI

Clean revenues (from products or services with beneficial environmental or social impacts as % of total revenues)

41%

8%

% of investment (Capex, R&D, acquisitions) with beneficial environmental or social impacts

33%

22%

% of non-males on boards

32%

24%

Executive pay linked to sustainability measures (% of companies with link)

80%

25%

% offering at least 10 days of paid sick leave

86%

41%

The regional breakdown for companies in this year’s ranking are as follows: Europe (46), North America (33), Asia (18), South America (2), Africa (1).

Normally announced at an event concurrent with the World Economic Forum in Davos, this year’s Global 100 launch includes a virtual CEO roundtable discussion on speeding up the race to a net-zero-emission economy. This event takes place today with opening remarks from Prince Charles, and the involvement of Sanda Ojiambo (CEO of United Nations Global Compact) and the CEOs of four perennial Global 100 companies: McCormick & Co, Natura & Co, Ørsted and Schneider Electric. Free registration is available at tinyurl.com/2021G100.

Twenty-eight of the Global 100 companies have signed the Business Ambition for 1.5°C commitment, an initiative by a global coalition of UN agencies and business leaders to prevent the worst impacts of climate change.

For full Global 100 rankings and methodology details, please see corporateknights.com/global100

Contact information:

Toby Heaps, CEO, Corporate Knights  
Phone: ++ 1 (416) 274.1432 
Email: toby@corporateknights.com        

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SOURCE Corporate Knights Inc.

Schneider Electric accelerates its sustainability strategy, comes top in Corporate Knights ranking of world’s most sustainable corporations

RUEIL-MALMAISON, France, Jan. 25, 2021 /PRNewswire/ — Schneider Electric, the leader in the digital transformation of energy management and automation, today doubled down on its long-standing strategy to embed environmental, social and governance considerations into every facet of its activities – and to assist its customers and business partners in achieving their own sustainability objectives.

The announcement coincided with the news that <a target="_blank"…

RUEIL-MALMAISON, France, Jan. 25, 2021 /PRNewswire/ — Schneider Electric, the leader in the digital transformation of energy management and automation, today doubled down on its long-standing strategy to embed environmental, social and governance considerations into every facet of its activities – and to assist its customers and business partners in achieving their own sustainability objectives.

The announcement coincided with the news that Corporate Knights, a Canadian media and research company   producing rankings and financial product ratings based on corporate sustainability performance, has for the first time recognized Schneider Electric number one of its annual index of «the Global 100 most sustainable corporations in the world«. A jump from 29th position the previous year, the top ranking for 2021 represents an important external recognition of Schneider Electric’s early and sustained commitment to ESG issues. It also highlights the company’s transformation into a leading provider of digital solutions that facilitate energy efficiency and sustainability.

«The core of our strategy is to build a sustainable business and company. Customers, employees, partners and investors have never been more focused on ESG considerations than they are now. Schneider has long embraced those issues, and we keep raising the bar for ourselves, and for our customers and partners,» says Jean-Pascal Tricoire, Schneider Electric’s Chairman and Chief Executive Officer. «When we introduced our first sustainability barometer in 2005, we were an early adopter of ESG matters. But ESG commitments cannot just be a one-off, and we have reinforced ours every three years. All of us – companies, governments, individuals – can contribute to make the world greener and more inclusive. Our new commitments define the next steps of our contribution.» 

The new Schneider Sustainability Impact (SSI) program will span 2021-2025 and amounts to a significant acceleration of previous targets. It is built on six long-term commitments, which are set to deliver on each of the United Nations’ Sustainable Development Goals. These commitments are to act for a climate-positive world; to be efficient with resources; to live up to its principles of trust; to create equal opportunities; to harness the power of all generations; and to empower local communities.

«The ability and willingness to make the world greener and more equitable is not just a moral responsibility – it makes good business sense too,» said Olivier Blum, Schneider Electric’s Chief Strategy and Sustainability Officer. «The year 2020, marked by COVID-19, a string of climate-linked disasters, and the fifth anniversary of the Paris Agreement on climate change, reinforced the urgency for action. It has also intensified the appetite from our customers to accelerate their own transitions towards a lower-carbon world. Our solutions can help them achieve their goals, too.»

Eleven concrete targets, deliverable by 2025, underpin these commitments. And, for the first time, leaders of the more than 100 markets in which Schneider operates will set local targets to address grassroots-level needs in their communities. 

Schneider Sustainability Impact program 2021- 2025:

Schneider Sustainability Impact program 2021-2025

 Repeatedly recognized in key rankings for its sustainability achievements, Schneider will continue to report on its extra-financial performance on a quarterly basis, as it has done since launching the world’s first corporate sustainability barometer in 2005.

In just the past year, Schneider already stepped up on its own decarbonization roadmap and became a signatory of the Climate Pledge; was the first company to issue an ESG-linked convertible bond; was also ranked Corporate Disclosure Project (CDP) A-List for environmental transparency and action for the 10th year in a row; and was included in the Financial Times’ Top 50 Diversity Leaders ranking.

Click through for more on Schneider’s sustainability strategy and its number 1 ranking in Corporate Knights’ Global 100 most sustainable corporations in the world index.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

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SOURCE Schneider Electric

Bad Weekend for Illegal Bookies as Legal Online Betting Reaches All-Time Highs in U.S.

Highlights:

Michigan quickly establishes itself as the busiest legal sports betting state in its first weekend, based on geolocation transaction data

Virginia and Michigan together added over 400,000 new accounts in their first weekend

– Legal online betting is now available to 70 million adults in 17 states and provides responsible gaming measures, consumer protections and tax revenues

– Seven more states now have access to legal…

Highlights:

Michigan quickly establishes itself as the busiest legal sports betting state in its first weekend, based on geolocation transaction data

Virginia and Michigan together added over 400,000 new accounts in their first weekend

– Legal online betting is now available to 70 million adults in 17 states and provides responsible gaming measures, consumer protections and tax revenues

– Seven more states now have access to legal betting today than one year ago

LAS VEGAS, Jan. 25, 2021 /PRNewswire/ — Record volumes were recorded this past weekend for legal U.S. online gaming and sports betting. This signals U.S. consumers favor the regulated U.S. industry and are turning away from the illegal, unprotected, offshore bookie businesses of the past. It also means revenues that were once channelled to the illegal market, are now staying in the communities where these bettors live.

According to data from GeoComply, this year’s NFL Conference Championship weekend saw more than 30 million geolocation transactions* recorded in 17 U.S. online betting states (including the District of Columbia), an increase of 260% over the same weekend in 2020. GeoComply is the leading provider of geolocation compliance technology used by the online gaming industry to verify the location of bettors.

Two new states, Michigan and Virginia, launched legal operations just in time for the weekend’s games and from those markets alone 7.5 million transactions came from over 400,000 accounts, making up 25% of overall volumes across the U.S. market. The addition of Michigan and Virginia helped drive all-time high transactions* in a weekend that featured a heavy sporting event schedule.

«Hundreds of thousands of people in Michigan and Virginia placed legal online bets for the first time this past weekend,» said Seth Palansky, Conscious Gaming’s vice president of corporate social responsibility. «This demonstrates that Americans will abandon illegal websites and the street corner bookie to place their trust in companies that are accountable, provide robust consumer protections and responsible gaming measures.»

Moreover, the tax dollars that were previously siphoned off by illegal gambling operators, are now staying in the United States; benefiting state governments and taxpayers and creating economic growth. In 2020, legal online gaming in the U.S. generated hundreds of millions in tax dollars for cash strapped states. 

As more and more states seek to legalize and regulate various forms of internet gambling and sports wagering, Conscious Gaming, an independent non-profit created by GeoComply, is committed to technological innovations that protect consumers, strengthen responsible gaming programs and make self exclusion programs effective and universal.

«As the industry grows, it is important for it to remain firmly committed to protecting problem bettors and putting additional processes in place to ensure the growth can be managed effectively and responsibly,» added Palansky.

Conscious Gaming has created PlayPause, an innovative multi-state repository enabling consumers to self-exclude from online betting. It also allows other prohibited individuals (athletes, coaches, employees, etc.) to be easily added to the database and excluded from betting. PlayPause works to better protect consumers, break down silos and encourage information-sharing among state regulators, operators and sports leagues. PlayPause prevents vulnerable players or prohibited individuals from betting, regardless of where they are, instead of just inside their current state borders, as it is now.

*data includes GeoComply geolocation transactions from regulated U.S. online gaming and online sports wagering in CO, D.C., DE, IA, IL, IN, MI, MT, NV, NH, NJ, OR, PA, RI, TN, VA and WV.

An image to accompany this press release can be found here: http://bit.ly/US-Legal-Online-Betting

About Conscious Gaming
Conscious Gaming is a philanthropic organization committed to utilizing advanced technology to propel social responsibility initiatives. Conscious Gaming’s mission is to leverage advanced technology and insights, to empower corporate social responsibility within our and our partners’ communities. We work with gaming operators, regulators, responsible gaming advocacy groups, academics and treatment professionals, to better protect consumers and enhance responsible gaming. For more information on Conscious Gaming, please visit: www.consciousgaming.org