Latest news with #2024ImpactReport
Cision Canada
a day ago
- Business
- Cision Canada
LILYSILK Shares 2024 Impact Report on World Environment Day, Underscoring Its Ongoing Sustainability Efforts
NEW YORK, June 5, 2025 /CNW/ -- LILYSILK, the world's leading silk brand dedicated to inspiring people to live spectacular, sustainable lives, has released its 2024 Impact Report, marking the third consecutive year the brand has published its sustainability achievements in conjunction with World Environment Day. The report highlights the significant strides LILYSILK has made in advancing sustainability, further solidifying the brand's commitment to responsible production and environmental stewardship. The report spotlights the brand's Zero Waste Movement, built on three pillars: Zero Inventory, Zero Waste, and Zero Scraps. Zero Inventory: LILYSILK's made-to-order model crafts garments within 48 hours and delivers them in 2-3 days, minimizing waste and creating only what's truly needed. Zero Waste: LILYSILK has creatively transformed surplus fabric into 7,323 patchwork pillowcases, 29,048 hair ties, and 15,410 eye masks. Remaining materials—over 5 tons—were shredded and repurposed into sustainable fabrics, including silk-wool blends for future collections. Zero Scraps: Partnering with TerraCycle®, LILYSILK offers customers a recycling program for their silk products. In 2024 alone, the program diverted over 490 pounds of material from landfills. To date, we've recycled more than 2,690 items, helping keep unwearable silk textiles out of landfills and incinerators. The company also continues to improve its packaging practices. In 2024, 99% of LILYSILK's outer packaging was degradable, with a goal of reaching 100% by 2026. Many materials now carry FSC® certification. LILYSILK's dedication extends to supplier partnerships. The company maintains a rigorous evaluation process, requiring partners to hold globally recognized certifications, including GOTS (Global Organic Textile Standard), RWS (Responsible Wool Standard), GCS (Good Cashmere Standard), and OEKO-TEX. This ensures that raw materials are ethically sourced and meet the highest environmental and social standards. "For World Environment Day 2025, we are proud to share our progress toward a more sustainable future," said David Wang, CEO of LILYSILK. "Our mission to inspire people to Live Spectacularly goes hand in hand with our commitment to sustainability. By reducing waste, improving supply chains, and building partnerships with aligned values, we aim to make a positive impact for our customers and the planet." LILYSILK's 2024 Impact Report reinforces its position as a sustainability leader in the fashion industry, providing customers with high-quality, eco-conscious products and empowering them to make responsible choices.
Yahoo
a day ago
- Business
- Yahoo
LILYSILK Shares 2024 Impact Report on World Environment Day, Underscoring Its Ongoing Sustainability Efforts
NEW YORK, June 5, 2025 /CNW/ -- LILYSILK, the world's leading silk brand dedicated to inspiring people to live spectacular, sustainable lives, has released its 2024 Impact Report, marking the third consecutive year the brand has published its sustainability achievements in conjunction with World Environment Day. The report highlights the significant strides LILYSILK has made in advancing sustainability, further solidifying the brand's commitment to responsible production and environmental stewardship. The report spotlights the brand's Zero Waste Movement, built on three pillars: Zero Inventory, Zero Waste, and Zero Scraps. Zero Inventory: LILYSILK's made-to-order model crafts garments within 48 hours and delivers them in 2-3 days, minimizing waste and creating only what's truly needed. Zero Waste: LILYSILK has creatively transformed surplus fabric into 7,323 patchwork pillowcases, 29,048 hair ties, and 15,410 eye masks. Remaining materials—over 5 tons—were shredded and repurposed into sustainable fabrics, including silk-wool blends for future collections. Zero Scraps: Partnering with TerraCycle®, LILYSILK offers customers a recycling program for their silk products. In 2024 alone, the program diverted over 490 pounds of material from landfills. To date, we've recycled more than 2,690 items, helping keep unwearable silk textiles out of landfills and incinerators. The company also continues to improve its packaging practices. In 2024, 99% of LILYSILK's outer packaging was degradable, with a goal of reaching 100% by 2026. Many materials now carry FSC® certification. LILYSILK's dedication extends to supplier partnerships. The company maintains a rigorous evaluation process, requiring partners to hold globally recognized certifications, including GOTS (Global Organic Textile Standard), RWS (Responsible Wool Standard), GCS (Good Cashmere Standard), and OEKO-TEX. This ensures that raw materials are ethically sourced and meet the highest environmental and social standards. "For World Environment Day 2025, we are proud to share our progress toward a more sustainable future," said David Wang, CEO of LILYSILK. "Our mission to inspire people to Live Spectacularly goes hand in hand with our commitment to sustainability. By reducing waste, improving supply chains, and building partnerships with aligned values, we aim to make a positive impact for our customers and the planet." LILYSILK's 2024 Impact Report reinforces its position as a sustainability leader in the fashion industry, providing customers with high-quality, eco-conscious products and empowering them to make responsible choices. Discover more at or follow LILYSILK on Instagram and Facebook. View original content to download multimedia: SOURCE LILYSILK View original content to download multimedia: Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Federal Home Loan Bank of San Francisco Releases 2024 Impact Report
SAN FRANCISCO, June 04, 2025 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today released its 2024 Impact Report, which shines a spotlight on the privately capitalized cooperative wholesale bank's daily support for local financial institution members; $103.3 million in grants awarded for affordable housing, homeownership, and economic development; robust engagement with stakeholders; and a workforce empowered to meet the evolving needs of its members with agility and impact. 'Our 2024 Impact Report demonstrates the value we deliver to our members and the communities they serve,' said Joseph Amato, interim president and CEO of FHLBank San Francisco. 'Because of the financial services we provide to our members every day – including advances and letters of credit – we are able to invest directly in programs and initiatives that strengthen communities by increasing the supply of affordable housing, expanding access to homeownership, and fueling economic growth and opportunity.' In 2024, FHLBank San Francisco partnered with its members to award $103.3 million in grants for housing, economic development programs and other initiatives including: Affordable Housing Program (AHP) General Fund and Nevada Targeted Fund: $61.3 million in grants awarded to create, preserve, or purchase nearly 3,900 affordable housing units. WISH and Middle-Income Downpayment Assistance programs: $31.2 million in matching grants delivered to 791 first-time homebuyers. AHEAD economic development grants: $7.3 million in grants awarded to 84 nonprofits to support innovative, community-based economic development initiatives that strengthen local communities. FHLBank San Francisco members also accessed $1.4 billion in the Bank's discounted advances and letters of credit products to create nearly 1,100 owner-occupied and 2,900 rental housing units and to support other community lending and economic development activities, including funding small business loans. Together with its members – primarily community-based financial institutions – FHLBank San Francisco continues to make a positive impact across its three-state district of Arizona, California, Nevada, and other areas where its members do business. To learn more about how FHLBank San Francisco accomplishes its mission of providing members with reliable access to liquidity, essential financial services and expertise, and resources for housing and community and economic development, download the full 2024 Impact Report at About Federal Home Loan Bank of San Francisco The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions — propel homeownership, finance quality affordable housing, drive economic vitality, and revitalize whole neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant and resilient. CONTACT: Contact: Mary Long longm@ (415) 616-2556 Chris Hammond hammondc@ (415) 616-3763Error 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
Associated Press
3 days ago
- Business
- Associated Press
NatureVest Celebrates a Decade of Impact
For more than a decade, NatureVest, The Nature Conservancy's (TNC) in-house impact investing and sustainable finance team, has been harnessing the power of private capital to drive conservation at scale. Thanks to the support of our colleagues and collaborators, our impact investment portfolio demonstrates how investing in nature is smart business strategy, pairing meaningful returns with measurable impacts. As we mark the 10th anniversary of NatureVest with this 2024 Impact Report, I am filled with immense pride and gratitude. In our early years, we embarked on pioneering projects like Livestock to Markets, to improve herding practices and land management, and the Olympic Peninsula Acquisition Project for sustainable forest management and restoration. These early projects helped lay the foundation for our ambitious vision. Now, a decade later, our portfolio has grown to represent USD 3.5 billion in committed capital, with projects spanning four continents and covering a variety of asset types. This remarkable progress highlights the unwavering commitment of our team, partners, investors, and collaborators. Reflecting on how far we have come, I extend my heartfelt thanks to all who have been an integral part of this journey. What's Inside the Report? New Deals: The report highlights TNC's latest impact investment projects, including the Blue Revolution Fund and Bahamas Nature Bonds. These initiatives illustrate how collaboration among partners and investors creates new opportunities for conservation funding and impact. Conservation Updates: We explore the latest developments across the Cumberland Forest Project, the Sustainable Water Impact Fund, the Africa Conservation and Communities Tourism Fund, and our BTG Pactual Timberland Investment Group (TIG) and TNC Collaboration. This year, our updates focus on how conservation efforts can diversify revenue streams while achieving environmental and social outcomes. Impact Investing Interview: The interview titled 'Built to Last: Building Impact into Investment Structures' features Glen Jeffries, NatureVest's managing director of impact investments. He describes how NatureVest integrates impact into a project's structure to ensure outcomes for nature. Here, readers can learn about the three Ps as well as answers to questions like: How do you balance returns with impact objectives when structuring a deal? Outcomes: We explore each project's impact targets and realized impact to date. Be sure to check out the Appendices to see the results of our collective work. Across our growing portfolio, we are excited to report significant wins for nature and people. We express our deepest thanks to our colleagues across TNC, as well as the partners and investors who make these transformative transactions and their positive outcomes possible. We also extend our gratitude to all our readers for your continued support and interest in our mission. By Catherine Burns, Interim Managing Director, NatureVest Visit 3BL Media to see more multimedia and stories from NatureVest
Business Wire
30-05-2025
- Business
- Business Wire
Tanger Releases 2024 Impact Report
GREENSBORO, N.C.--(BUSINESS WIRE)-- Tanger ® (NYSE: SKT) 'Tanger's values of integrity, inclusion, and innovation guide the decisions and initiatives that drive our collective impact. In 2024, we deepened our community engagement, empowered our team, and advanced sustainability with a focus on mitigating risk and driving value for our stakeholders,' said Stephen Yalof, President and Chief Executive Officer. 'I'm proud of our team's dedication to creating vibrant shopping destinations and resilient communities—and grateful for the trust of our stakeholders as we build a more connected, inclusive future together.' Tanger's 2024 Impact Report, which is its ninth report on corporate responsibility initiatives, enumerates the environmental, social, and governance practices and programs—referenced collectively as Tanger's "Impact Program'—through which the company strives to create positive social and economic impact in line with its Mission, Vision, and Values. The Report highlights Tanger's recent achievements and progress on its Impact Program goals, including: Ongoing efforts to foster an organizational culture where performance, growth, and the expression of Tanger's values are recognized and rewarded, including providing nearly 5,000 hours of annual professional growth and training for Tanger team members in 2024. The expansion of initiatives to promote belonging and empowerment within the company's diverse workforce, including those championed by Tanger's employee-founded-and-led Employee Resource Groups (ERGs), which are open to all employees. Ongoing support for the communities in which Tanger operates through multiple TangerCares initiatives, including the company's legacy TangerPink and TangerKids programs and nearly 7,500 hours of company-sponsored employee volunteer service. A 13% increase in Tanger's solar energy generation capacity, increasing its total solar capacity to 15.5 MW across 11 centers. Completion of a formal data assurance readiness assessment to improve data integrity and plan for state-level climate disclosure legislation, as well as a double materiality assessment to identify the most impactful and financially material environmental, social, and governance topics to Tanger's business and stakeholders. Completion of expanded enterprise and asset-level climate scenario analysis, restatement of Tanger's greenhouse gas (GHG) emissions baseline to align with standard methodologies, and inaugural limited disclosure of the company's Scope 3 footprint. Tanger's Impact Program reporting process continues to be guided by respected standards and reporting frameworks, including the Global Reporting Initiative (GRI) Standards, the IFRS Sustainability Disclosure Standards (specifically IFRS S2, which consolidates the recommendations of the former Task Force on Climate-related Financial Disclosures), and the Sustainability Accounting Standards Board (SASB). Tanger also discloses through third-party reporting frameworks including the Global Real Estate Sustainability Benchmark (GRESB), CDP (formerly the Carbon Disclosure Project), and the United Nations Global Compact (UNGC). Tanger's 2024 Impact Report is now available on its company website at About Tanger ® Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 37 outlet centers and three open-air lifestyle centers comprises 16 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit The Company uses, and intends to continue to use, its Investor Relations website, which can be found at as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about the Company can also be found through social media channels. The Company encourages investors and others interested in the Company to review the information on its Investor Relations website and on social media channels. The information contained on, or that may be accessed through, our website or social media platforms is not incorporated by reference into, and is not a part of, this document. Safe Harbor Statement This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," or similar expressions. These forward-looking statements are based upon the beliefs and expectations of management at the time of this release. You should not rely on forward-looking statements since they involve known and unknown risks and uncertainties which could cause actual results to differ materially from those presented in the forward-looking statements. Please refer to the documents filed by the Company with the SEC, including specifically the "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and the Company's other filings with the SEC, which identify additional factors that could cause actual results to differ from those contained in forward-looking statements. The Company does not undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.
