Latest news with #ESG-driven
Khaleej Times
5 days ago
- Business
- Khaleej Times
Standard Chartered unveils UAE's first sustainable escrow solution
Standard Chartered has launched the UAE's first Sustainable Escrow and Account Bank solution, enabling businesses to align their cash deposits with sustainability goals. The market-first offering allows funds held in escrow or designated accounts to be directly linked to the bank's portfolio of verified green and sustainable loans and projects, in accordance with its Green and Sustainable Product Framework. Available across the UAE, including through the Dubai International Financial Centre (DIFC), and in the UK, the new solution marks a major step forward in sustainable transaction banking. It is designed to meet the growing demand for ESG-aligned financial tools that support the transition to a low-carbon economy. 'The UAE is leading the region in sustainability, and we are proud to support that vision with practical solutions,' said Sandrine Jourdainne, global head of deposits, Liquidity and Escrow Solutions at Standard Chartered. 'Our new offering gives clients a credible and transparent way to align their liquidity with meaningful environmental and social impact.' Acting as an independent Escrow Agent and Account Bank, Standard Chartered will ensure client funds are earmarked against eligible ESG initiatives. This offers businesses enhanced transparency, accountability, and confidence in meeting their sustainability objectives. The new solution adds to the bank's growing portfolio of ESG-driven services, including ESG-linked cash accounts, sustainable trade finance, and sustainable trade loans for financial institutions. The launch also reinforces Standard Chartered's ongoing commitment to supporting the UAE's climate goals and helping clients embed ESG considerations into core financial operations.
Business Wire
7 days ago
- Business
- Business Wire
SouthEast Computer Recyclers Announces IT Asset Buyback Program to Encourage Corporate Sustainability and Maximize Recovery Values
ALPHARETTA, Ga.--(BUSINESS WIRE)--SouthEast Computer Recyclers (SECR), a certified B2B leader in electronics recycling and data security, recently announced its IT asset buyback program. The program helps businesses and organizations reach their environmental goals and unlock hidden value from retired, surplus, or obsolete equipment. Our IT asset buyback program represents more than just a financial transaction with the businesses we serve. It's a strategic partnership that reimagines what was once viewed as disposal costs, transforming them into revenue opportunities... Share The initiative is targeted toward organizations seeking sustainable and secure ways to manage end-of-life IT assets. SECR utilizes a four-pillared process that prioritizes protection, recovery, sustainability, and responsible management of IT equipment to reduce environmental waste and support the increased demand for ESG-driven practices. 'Our IT asset buyback program represents more than just a financial transaction with the businesses we serve. It's a strategic partnership that reimagines what was once viewed as disposal costs, transforming them into revenue opportunities while advancing the circular economy,' said Todd Smith, VP of Business Development for SouthEast Computer Recyclers. 'With over 20 years of experience and our R2v3 and triple ISO certifications, we've helped organizations across the Southeast and globally recover millions in asset value while ensuring their retired IT equipment continues to serve a purpose rather than contributing to landfills. This approach perfectly aligns with today's corporate sustainability goals, proving that responsible business practices and profitability can go hand in hand.' SECR's IT buyback program ensures that all devices are processed according to the highest standards of data security, environmental and regulatory compliance, and safety. The Alpharetta, Georgia-based company has proven to be a reliable partner for entities across several industries, including IT, Healthcare, Insurance, Education, Hospitality, and other high-level organizations seeking to maximize asset values while utilizing collection, audit, and reporting services tailored to their specific inventory and operational needs. As an ally in responsible asset management, SECR guarantees full chain-of-custody documentation and secure data destruction services, giving clients confidence that sensitive information is fully protected. To learn more about SECR's IT asset buyback program or to schedule a consultation, visit About SouthEast Computer Recyclers Southeast Computer Recyclers (SECR) is a certified IT Asset Disposition (ITAD) and electronics recycling services provider for businesses across several industries. SECR has amassed two decades of experience in helping companies protect sensitive data, recover value from retired IT equipment, and meet environmental compliance standards. SECR's end-to-end solutions include secure data wiping, certified onsite shredding, asset recovery, and sustainable e-waste processing.
Business Wire
21-07-2025
- Automotive
- Business Wire
MayMaan Launches Engine Integration Program to Accelerate Clean Combustion Deployment and Market Adoption
MIAMI--(BUSINESS WIRE)--MayMaan, a scale-up innovator, transforming combustion technology, is announcing a robust and scalable partnership model to support the transition to more efficient power systems across global industries whilst cutting harmful emissions such as NOx and SOx to levels that are practically immeasurable. At the heart of MayMaan's offering is its proprietary AquaStroke® technology, which runs on a revolutionary 70% water and 30% ethanol fuel blend. This patented system delivers high torque and reliability while dramatically reducing emissions—offering a compelling alternative to diesel engines and electrification overhauls. 'Our technology is more than a breakthrough—it's a platform designed to help others succeed,' said Doron Shmueli, Founder and CEO at MayMaan. 'From manufacturers to distributors, we provide a full solution—ready to integrate, easy to scale, and built for the energy demands of tomorrow.' Tailored Solutions for Industry Leaders MayMaan's clean combustion platform is now available through flexible, structured partnerships designed to accelerate time to market while reducing cost and complexity: For Engine Manufacturers: MayMaan offers a drop-in combustion platform that integrates with existing engine designs, backed by field validation and engineering support. No major redesigns. No infrastructure overhauls. Just cleaner engines, faster. For Original Equipment Manufacturers (OEMs): The AquaStroke® system preserves performance while meeting rising environmental standards. OEMs benefit from seamless integration, comprehensive training, and market-positioning assets to stay ahead in an ESG-driven world. For Distributors & Strategic Partners: MayMaan empowers distributors by providing licensing access to its proprietary AquaStroke® technology, enabling them to initiate production through certified OEMs and engine manufacturers. Rather than supplying finished systems, MayMaan equips partners to drive demand, coordinate builds, and deliver clean combustion solutions through an established network of approved product builders. With full support in licensing, technical enablement, and servicing frameworks, distributors gain a scalable and strategic path to bring MayMaan-powered solutions to market. For Service & Maintenance Partners : MayMaan provides in-depth technical training, documentation, and diagnostics tools to support long-term reliability of AquaStroke® systems in the field. Certified partners gain access to proprietary service protocols and ongoing updates—ensuring they stay ahead of customer needs with every deployment. A Partnership Model Built for Scale MayMaan's approach supports every stage of adoption, from initial feasibility to full commercialization. Partners receive: Licensing and technology access Customized engineering collaboration End-to-end training and documentation Proprietary Diagnostics Market launch support and service tools Ongoing product upgrades and innovation pipeline 'We've created a model that makes it easy to accelerate the energy transition without starting from scratch,' said Doron Shmueli. 'This is not about replacing what works—it's about improving it in a way that's practical, profitable, and future-proof.'
Observer
16-07-2025
- Business
- Observer
Investing the Omani way: Steady and sustainable
As investors around the world adapt to a changing landscape marked by uncertainty, rising costs and shifting priorities, the search for stability has become paramount. In this context, Oman's measured and values-driven approach is drawing increasing interest. The Sultanate of Oman is positioning itself not only as an attractive investment destination — but as a country offering clarity, consistency and long-term value. Quiet Growth, Strong Fundamentals In a region shaped by rapid transformation, Oman stands out for its intentional and grounded approach. Rather than competing for visibility, the country has focused on building trust and resilience — appealing to investors looking beyond short-term gains. According to official data, foreign direct investment (FDI) into Oman rose by 16.2 per cent year-on-year, reaching RO 26.68 billion by Q3 2024, up from RO 22.96 billion during the same period the year before. Strategic Institutions and Projects Oman's investment environment is strengthened by the role of key institutions such as the Oman Investment Authority (OIA), Invest Oman, and the Public Authority for Special Economic Zones and Free Zones (OPAZ). These bodies provide structured support, policy clarity and investor facilitation across sectors. Recent developments include: a $30-billion green hydrogen programme, with major projects underway in Duqm and Salalah; the launch of 15 new public-private partnership (PPP) projects in 2024; and continued industrial and logistics expansion in Suhar, Khazaen and Salalah. These are not isolated announcements — they are part of a coherent national strategy linking diversification with long-term resilience. Institutions such OIA, Invest Oman, and OPAZ provide structured support, policy clarity and investor facilitation across sectors Sustainability with Local Roots Environmental stewardship in Oman is not driven by trend but by tradition. From water conservation practices to mountain ecosystems, sustainability has long been embedded in Omani life. In policy terms, the country jumped from 149th to 50th in the 2024 Environmental Performance Index (EPI) — a major rise backed by reforms in pollution control, ecosystem protection and renewable energy policy. Oman has also committed to Net-Zero carbon emissions by 2050, with guidance from the Oman Sustainability Centre. This alignment between vision and values is increasingly important to ESG-driven investors. Innovation That Respects Identity Oman is embracing innovation — but doing so on its own terms. The National Digital Economy Strategy targets a 10-per cent contribution to GDP by 2040, led by growth in fintech, e-government and smart logistics. In parallel, eco-tourism grew by 46 per cent in 2023, reflecting the rising appeal of cultural authenticity, coastal nature and heritage-based travel. In both technology and tourism, Oman is innovating in ways that preserve identity and add long-term value. A Culture of Genuine Partnership What distinguishes Oman is not only what it builds — but how it builds it. Investors frequently note the accessibility of decision-makers, the responsiveness of institutions and the emphasis on listening. This culture of engagement is not simply hospitable; it is strategic. Oman recognises that lasting investment requires more than incentives — it requires trust. Key Strategic Takeaways • Oman is delivering consistent FDI growth despite global uncertainty. • Green hydrogen, PPPs and digital economy projects are key drivers of diversification. • Sustainability is backed by cultural heritage and bold climate policy. • Innovation is pursued with local identity and long-term impact in mind. • The investment climate is shaped by transparency, humility and strategic intent. A Model for Uncertain Times While some economies move fast to attract attention, Oman is moving deliberately to build resilience. Its approach may be quieter, but it is also smarter — especially for investors who value depth over spectacle and coherence over volatility. In a world of distractions, Oman's steady, strategic and sustainable model stands out — and investors are taking notice.
Borneo Post
16-07-2025
- Business
- Borneo Post
Scotland's Logan Energy partners with H2 Energy to boost Sarawak's hydrogen push
Stewart (standing front row, fourth left) and Hatta exchange documents during the MoU signing ceremony, witnessed by Abang Johari (centre) and other dignitaries. KUCHING (July 16): A strategic partnership between Logan Energy Ltd (Scotland) and H2 Energy Sdn Bhd (Malaysia) is set to accelerate the development of green hydrogen infrastructure in Sarawak, following the signing of a memorandum of understanding (MoU) on Tuesday. The collaboration is seen as a key step towards realising Sarawak's Post covid-19 Development Strategy (PCDS) 2030, particularly in establishing the state as a regional leader in low-carbon energy and hydrogen technology. According to the press release, the partnership will focus on green hydrogen production, rural electrification, hydrogen mobility, and industrial decarbonisation. Both parties will also explore technology transfer, feasibility for local manufacturing, policy engagement, and ESG-driven investment opportunities. The MoU was signed during International Energy Week (IEW) 2025 here and builds on the groundwork laid during Deputy Minister for Energy and Environmental Sustainability Datuk Dr Hazland Abang Hipni's official visit to Aberdeen, Scotland in early June. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg, Deputy Prime Minister Datuk Seri Fadillah Yusof, Deputy Premier Datuk Amar Dr Sim Kui Hian, Dr Hazland, IEW 2025 organising chairman Tan Sri Abdul Rahman Rahmat and other distinguished guests were also present to witness the signing. The visit, arranged through the good offices of Scottish Development International (SDI), strengthened ties between Sarawak and Scotland's renewable energy sector and facilitated connections with Logan Energy. By combining Logan Energy's technical expertise with H2 Energy's local knowledge, the collaboration aims to position Sarawak as a leader in Asean's hydrogen economy. H2 Energy director Sandra Liz Hon Ai Ling said the collaboration reflects Sarawak's bold vision for a clean energy transition. 'This collaboration supports Sarawak's ambition to lead Asean's hydrogen economy while creating skilled jobs and delivering sustainable growth for local communities,' she said. Logan Energy Ltd Business Development Director Craig Stewart echoed the sentiment, noting the significance of the agreement. 'By combining Logan Energy's extensive hydrogen experience and expertise with H2 Energy's deep local knowledge and operational capability, we are uniquely positioned to support Sarawak's ambitious hydrogen goals. 'We are excited to play a role in the region's energy transition and contribute to building a sustainable hydrogen economy in Sarawak,' he said. Pilot projects will prioritise benefits for Sarawak's rural communities, public transport system, and key industrial sectors. The signing underscores growing UK-Malaysia cooperation in clean energy, with Logan Energy also commending SDI's role in bridging connections between the two countries. Also present during the signing were H2 Energy managing director and co-founder Muhammad Hatta Sukarni. H2 Energy hydrogen Logan Energy MoU
