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Korea Herald
26-05-2025
- Business
- Korea Herald
The 20th Western China International Fair opens, drawing over 3,000 enterprises
CHENGDU, China, May 26, 2025 /PRNewswire/ -- The 20th Western China International Fair (WCIF), themed "Deepen Reform for More Momentum, Expand Openness for Greater Growth," opened in Chengdu, Sichuan Province on May 25. The five-day fair has attracted the participation of over 3,000 enterprises from 62 countries and regions as well as 27 provinces (autonomous regions and municipalities) in China. The 20th WCIF has two guest countries of honor, namely Hungary and Laos, and two guest provinces of honor, namely Zhejiang and Qinghai, for the first time. The United Arab Emirates serves as a special partner. In addition, 15 themed pavilions have been set up in three exhibition areas: Opening Up and Cooperation Exhibition Area, New Industrial Momentum Exhibition Area, and Wonderful Life Exhibition Area. With a total exhibition area of 200,000 square meters, this fair focuses on displaying the latest scientific and technological achievements as well as characteristic industries of the participating countries and regions. Of all the participating enterprises this year, 114, or 55.6%, are among the Fortune Global 500 Companies, Top 500 Chinese Enterprises, and Top 500 Chinese Private Enterprises. In particular, there are 61 Fortune Global 500 companies, an increase of 74.3% over the previous edition. This year's WCIF mainly includes 25 events, such as Opening Ceremony, Western China Investment Promotion Fair & Contract Signing Ceremony of Economic Cooperation Projects, Western China International Sourcing Conference, and Guest Country of Honor Events. Participants from western China have signed contracts for 416 investment cooperation projects with Chinese and foreign investors, involving an investment of RMB 354.3 billion. It is roughly estimated that more than 2,200 projects have been launched with an investment of over RMB 3.7 trillion.
Malaysian Reserve
26-05-2025
- Business
- Malaysian Reserve
The 20th Western China International Fair opens, drawing over 3,000 enterprises
CHENGDU, China, May 26, 2025 /PRNewswire/ — The 20th Western China International Fair (WCIF), themed 'Deepen Reform for More Momentum, Expand Openness for Greater Growth,' opened in Chengdu, Sichuan Province on May 25. The five-day fair has attracted the participation of over 3,000 enterprises from 62 countries and regions as well as 27 provinces (autonomous regions and municipalities) in China. The 20th WCIF has two guest countries of honor, namely Hungary and Laos, and two guest provinces of honor, namely Zhejiang and Qinghai, for the first time. The United Arab Emirates serves as a special partner. In addition, 15 themed pavilions have been set up in three exhibition areas: Opening Up and Cooperation Exhibition Area, New Industrial Momentum Exhibition Area, and Wonderful Life Exhibition Area. With a total exhibition area of 200,000 square meters, this fair focuses on displaying the latest scientific and technological achievements as well as characteristic industries of the participating countries and regions. Of all the participating enterprises this year, 114, or 55.6%, are among the Fortune Global 500 Companies, Top 500 Chinese Enterprises, and Top 500 Chinese Private Enterprises. In particular, there are 61 Fortune Global 500 companies, an increase of 74.3% over the previous edition. This year's WCIF mainly includes 25 events, such as Opening Ceremony, Western China Investment Promotion Fair & Contract Signing Ceremony of Economic Cooperation Projects, Western China International Sourcing Conference, and Guest Country of Honor Events. Participants from western China have signed contracts for 416 investment cooperation projects with Chinese and foreign investors, involving an investment of RMB 354.3 billion. It is roughly estimated that more than 2,200 projects have been launched with an investment of over RMB 3.7 trillion.
Cision Canada
14-05-2025
- Business
- Cision Canada
Manifest Climate AI Analysis Reveals Ambition-Action Gap in Fortune Global 500 Sustainability Disclosures
Despite 88% of companies setting decarbonization goals, fewer than 2% disclose the financial risks of the climate transition. TORONTO, May 14, 2025 /CNW/ - Manifest Climate, the AI-powered platform for sustainability intelligence, today released a new report: Mind the Gap: AI Analysis of the Fortune Global 500 Sustainability Disclosures. The report highlights the gap between the sustainability commitments of the world's largest companies' and the financial transparency required to drive real action. Leveraging its proprietary AI, Manifest Climate analyzed over 50,000 sustainability datapoints from Fortune Global 500 disclosures. The findings reveal that while sustainability reporting is more widespread than ever, key financial metrics are still underreported. "Technology now allows us to cut through the noise and pinpoint exactly where companies are backing up commitments with capital," said Laura Zizzo, Founder and Chief Strategy Officer at Manifest Climate. "With AI-powered tools like Manifest Climate, we can instantly organize and compare disclosures at an expert level—no manual digging needed. This is a game changer for decision-makers who want to focus on real action, not just promises." Key findings from the Fortune Global 500 companies include: 88% disclose decarbonization commitments 52% report capital expenditures (CapEx) aligned with those goals Just 13% link executive compensation to climate targets Fewer than 2% quantify financial exposure to transition risks The report highlights the rising demand for decision-useful disclosures, as investors, regulators, and other decision-makers increasingly use AI to assess sustainability claims. Without meaningful financial information, companies risk eroding the credibility of their sustainability strategies. Mind the Gap urges companies to match ambitious goals with clear, transparent financial actions—and leverage AI to bridge the gap. Download the full report here. About Manifest Climate Manifest Climate is the AI-powered platform for sustainability intelligence. Our technology enables instant assessments of clients, portfolio companies, suppliers, and internal disclosures, identifying risks, opportunities, and gaps with unmatched speed and accuracy. Trained by sustainability experts, our proprietary AI analyzes 1,500+ datapoints—aligned with CSRD's ESRS and ISSB standards— from corporate reports to benchmark performance, uncover material topics, assess alignment against relevant frameworks, and monitor risks. Trusted by top global public companies, financial institutions, and consulting firms, Manifest Climate transforms sustainability research, benchmarking, and reporting to streamline compliance, mitigate risk, and enable data-driven decision-making.
Business Standard
02-05-2025
- Business
- Business Standard
Sanjay Khanna Takes Over the Additional Charge of Chairman & Managing Director of BPCL Today
NewsVoir Mumbai (Maharashtra) [India], May 2: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company, and one of India's leading oil and gas companies, announced today that Sanjay Khanna has assumed additional charge as the Chairman and Managing Director of the company. Currently he serves as the Director (Refineries) in the company. A Chemical Engineering graduate from National Institute of Technology, Tiruchirapalli and Postgraduate in Finance Management from Mumbai University, he has over 3 decades of experience in refinery operations and technical services. He anchored several prestigious projects for setting up new process units in Refineries at Mumbai, Kochi and Numaligarh. Prior to becoming Director (Refineries) he headed Kochi and Mumbai Refineries of BPCL. As executive Director of Kochi Refinery, he played a key role in commissioning the first 'Niche Petrochemical' project of BPCL, Propylene Derivative Petrochemical Project (PDPP). Sanjay Khanna also serves as a Director on the Boards of Bharat Petro Resources Limited and Ratnagiri Refinery and Petrochemicals Limited. Additionally, Khanna is also the current Chairperson of 'Technical Committee for petroleum Refineries' under Ministry of Petroleum and Natural Gas (MoPNG) Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy. Bharat Petroleum's Refineries at Mumbai, Kochi and Bina have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, fuel stations, aviation service stations and LPG distributors. Its distribution network comprises over 23,500+ Fuel Stations, over 6,200+ LPG distributorships, 500+ Lubes distributorships, 80 POL storage locations, 54 LPG Bottling Plants, 79 Aviation Service Stations, 5 Lube blending plants and 5 cross-country pipelines. Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has Electric vehicle charging stations at 6500+ Fuel Stations. With a focus on sustainable solutions, the company is developing an ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting several initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With 'Energising Lives' as its core purpose, Bharat Petroleum's vision is to be an admired global energy company leveraging talent, innovation & technology.
