Latest news with #GRI
Yahoo
3 hours ago
- Business
- Yahoo
Safe Bulkers, Inc. Announces Availability of 2024 Sustainability Report
MONACO, June 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the 'Company') (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's 2024 Sustainability Report is available for download and can be accessed from its website using the link provided below. The 2024 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, 'in accordance with the GRI Standards', and the Sustainability Accounting Standards Board (SASB) recommendation for maritime transport, alongside additional indicators that are materially important to the Company and its stakeholders. The report is available for download and can be accessed from the Company's website using the link: Dr. Loukas Barmparis, President of the Company commented: 'Our 2024 Sustainability Report presents a comprehensive overview of our environmental, social, and governance ('ESG') practices. It reflects our strategic commitment to managing environmental risks, supporting the communities where we operate, and continuously enhancing our governance framework in alignment with regulatory expectations and stakeholder interests.' About Safe Bulkers, Inc. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation services. The Company's common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols 'SB', ' and ' respectively. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company's growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as 'expects,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,' 'estimates' and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. For further information please contact: Company Contact: Dr. Loukas Barmparis President Safe Bulkers, Inc. Tel.: +30 2 111 888 400 Fax: +30 2 111 878 500 E-Mail: directors@ Investor Relations / Media Contact: Nicolas Bornozis, President Capital Link, Inc. 230 Park Avenue, Suite 1536 New York, N.Y. 10169 Tel.: (212) 661-7566 Fax: (212) 661-7526 E-Mail: safebulkers@ in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
CNX Releases Updated 2024 Corporate Sustainability Report, Announces Shift to Industry-Leading ESG Reporting
PITTSBURGH, May 14, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) today announced the release of its updated Corporate Sustainability Report featuring data for 2024. Additionally, continuing the Company's unprecedented brand of transparency and in a move further differentiating CNX's environmental performance and disclosures, the Company also announced that it will no longer issue a static annual report. Instead, CNX will update its website continuously and its ESG Performance Scorecard data on a quarterly basis. Upcoming quarterly updates will provide stakeholders with fresh data in a more real-time manner on critical environmental, social, and governance (ESG) topics. "While most companies issue sustainability reports just once a year and move on, having checked the annual box, CNX believes that this information should be provided on a more real-time and transparent basis in keeping with our Radical Transparency philosophy. We also believe that ESG metrics should be treated with the same rigor and frequency as financial data," CNX Chief Financial Officer Alan Shepard said. "By making these changes, CNX is empowering shareholders and the communities where it operates with the ability to better track progress and hold the company accountable in real time. Providing access to a dynamic ESG disclosure process underscores CNX's dedication to continuous improvement and Radical Transparency across our business." CNX's reporting is prepared following the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) standards, and integrates ESG priorities into its unique Appalachia First strategic vision. Highlights for 2024 include: Environmental Stewardship: CNX's efforts to protect and improve the environment are revolutionary and unmatched: Radical Transparency – Creating Mutual Trust through Facts and Data: As CNX's novel Radical Transparency program advances across operating areas, results from continuous monitoring by Clean Air Engineering demonstrate CNX site-level emissions are far below nationally-designated air quality standards. Importantly, no sustained levels of asthma-inducing PM2.5 or cancer-causing BTEX have been observed during any phase of development. Within the first year of the Radical Transparency program, hundreds of thousands of datapoints were collected, simultaneously reported to the Pennsylvania Department of Environmental Protection (PADEP) and transparently posted on the CNX website. The number of sites equipped with monitoring equipment continues to grow, with active and archived sites contributing to the real-time feed of air data, in addition to water and chemical data. Bold Greenhouse Gas Reductions: Appalachian natural gas boasts the nation's lowest methane intensity of all producing regions, and CNX takes these qualities to the next level through its Emission Reduction Task Force that is continuously innovating to further reduce emissions. CNX reduced methane intensity by nearly 30 percent in its production segment compared to 2023. With a parallel mission to reduce methane in its midstream segment, CNX invested $5 million into new technologies, including switching to electric-driven pumps at the Mamont Compressor Station in Westmoreland County, PA. Pioneering Waste Methane Capture: CNX captured approximately 9.1 million metric tons of waste methane CO₂e. Importantly, the U.S. Treasury recognized the value that captured waste coal mine methane presents as a feedstock for clean hydrogen production in their final tax credit rules (45V). CNX is encouraged by this milestone and remains committed to advocating for opportunities to fully realize the benefits this ultra-low-carbon-intensity fuel source can unlock in the Appalachian region and beyond. Innovation and Partnerships: Last year was another year of differentiation at CNX, advancing oilfield services solutions that provide cost, safety, and environmental efficiencies for the industry. CNX launched the AutoSepSM Technologies (AutoSep) joint venture with Deep Well Services (DWS), which introduced an automated flowback system for the completions process that leverages CNX's technical development capabilities with the service quality standard DWS also reached compressed natural gas (CNG) milestones during 2024, notably completing the first full year of deploying CNG-fueled water-hauling trucks in southwestern Pennsylvania with FORCE Environmental Solutions. By utilizing CNG, these trucks reduce emissions by 30 percent and related operating costs by 50 percent. Water Stewardship: CNX recycled and reused more produced water than it generated by consuming produced water from its peers, minimizing freshwater consumption. In 2024, CNX continued to upgrade and expand its water infrastructure—further reducing the need to transport water via truck in local communities and diversifying freshwater sources to lessen CNX's impact on local water resources. Community and Workforce: Tangible and Local Investments – CNX has a unique commitment to local communities. CNX employees roll up their sleeves and tackle the toughest of issues: Community Engagement – Transparency, Dialogue, and Active Listening: At its core, Radical Transparency is about open-sourcing environmental data. But Radical Transparency also encompasses CNX's openness with stakeholders and local communities, always welcoming questions and seeking feedback. Through a combination of data-driven efforts and community open houses for local residents to directly interact with CNX employees, CNX is learning more about its communities' needs and adapting operations to best fit each operating area's unique characteristics. Community Investments: In 2024, work in Westmoreland County and the Alle-Kiski Valley came into focus as activity shifted to that area. Importantly, the $20 million Kiski Water Line project was completed in June and is better serving CNX's local operations while delivering water resource options for area residents. The water line significantly reduces water trucking and subsequently community impact. The 20" line is expected to serve as the primary alternative to water purchased from the Municipal Authority of Westmoreland County (MAWC) during voluntary or mandatory water conservation this growing operational footprint, CNX opened an office in North Apollo, southern Armstrong County, providing access for residents, local businesses, and landowners to the CNX team. With the acquisition of Apex Energy's upstream and midstream assets, this office serves as a central location for new landowners, community members, and other stakeholders in what CNX refers to as its CPA operating to CNX's southern operating area, a new regional headquarters was established in Richlands, Virginia. Serving as the epicenter of CNX mine methane capture operations, the expanded presence enhances CNX's unique opportunities to help meet rapidly expanding energy demand, advance energy security, and create significant new investment and jobs in local communities. Words in Action: Since 2022, CNX's Board has approved an aggregate amount of $5.5 million reduction in CEO pay, including a $1.5 million reduction approved in 2025 to support the expansion of the efforts of the CNX Foundation and its flagship initiative, the CNX Mentorship Academy. Mentorship Academy: Student participation in the CNX Mentorship Academy—now entering its fifth year—increased 44 percent, with 122 students enrolled. The Mentorship Academy includes underserved students representing 28 schools/school districts. More than half of 2024 Mentorship Academy graduates secured full-time employment in a target industry, or a coveted paid internship exclusive to Mentorship Academy graduates in healthcare, building trades, corporate support, or the Short Service Employee Internship in Energy. CNX Foundation: In 2024, CNX Foundation contributed $3.7 million through 144 initiatives aligned with its Tangible, Impactful, Local focus on community support. These efforts are part of CNX's pledge to invest in local initiatives supporting underserved communities within its operational footprint. CNX Foundation principles are also embodied by employees, who volunteered over 3,500 hours in 2024. The Headquarters at CNX: In 2024, three new tenants joined the Headquarters at CNX, bringing capacity to 92 percent and providing workspace to 29 total tenants. The Headquarters at CNX provides world-class workspace at its corporate office to small businesses, including minority- and women-owned businesses, educational institutions, and non-profit organizations, emphasizing support for the same Tangible, Impactful, Local causes in which the CNX Foundation invests. "CNX is defined by a commitment to transparency and a Tangible, Impactful, Local approach to our sustainable business model," CNX Senior Vice President of Compliance and Reporting Hayley Scott said. "By now providing real-time updates to our comprehensive website and quarterly ESG Performance Scorecard, we are delivering insights to our communities, employees, owners, and all stakeholders about the way that we responsibly operate our business and invest in our communities on a day-to-day basis." CNX's ESG Performance Scorecard has limited assurance procedures performed by Keramida, Inc., a WBE-certified global sustainability and EHS services firm, for 2024 and 2023 Scope 1 and 2 GHG emissions, air emissions, water, and waste data, while CNX's Internal Audit team has reviewed additional ESG performance metrics, ensuring data integrity. The next quarterly ESG Performance Scorecard update is anticipated for release in August, which will follow the company's release of its financial and operational results for the second quarter of 2025. CNX remains committed to leading the industry with Tangible, Impactful, and Locally focused initiatives, and this new reporting cadence reinforces that commitment through unmatched transparency and accountability. About CNX Resources Corporation CNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 161-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2024, CNX had 8.54 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at View original content to download multimedia: SOURCE CNX Resources Corporation Sign in to access your portfolio
Irish Examiner
22-05-2025
- General
- Irish Examiner
Irish greyhound regulator knew of welfare issues at kennels last year, months before it intervened
The regulator of Irish greyhound racing was aware of issues at a kennels, which closed in April on the back of a serious welfare incident, from late last year. The Irish Examiner has spoken to multiple owners of greyhounds who made complaints to industry body, Greyhound Racing Ireland (GRI), between October 2024 and January 2025 about what they claim was mistreatment of their animals at the kennels, located in the west of the country. Several of those owners understood GRI welfare officers had been dispatched to the kennels at the time to assess the situation. One owner noted one of their animals had apparently disappeared from the kennels at the time of their complaint. Another said their dogs were in a dishevelled state when they visited and did not appear to have been adequately cared for. Many of the animals present had been placed there by UK owners who only became aware of the issue at the kennels when information leaked online last week. At that time, GRI released a statement to confirm the kennels had been the site of the serious welfare incident, which is believed to have left some animals dead and many more missing. The body said following 'a number' of welfare inspections 'concerns escalated in late April, prompting immediate intervention' by GRI officers and veterinary professionals. The Irish Examiner queried GRI as to why, given the issues at the kennels were raised last year, the kennels remained open until late April — six months later. The regulator was further queried as to what progress has been made in sourcing the animals that had gone missing from the kennels. GRI did not directly respond to those queries, and instead referred the Irish Examiner back to the body's statement issued last week. Separately, confusion surrounds the nature of the investigation at the kennels. Last week, GRI said it 'continues to engage with the relevant authorities, including An Garda Síochána, in relation to the incident'. 'As the matter is currently under investigation and involves a deeply sensitive personal situation, no further comment is being provided at this time,' the body said. However, following repeat inquiries, a spokesperson for An Garda Siochána said 'there is no Garda investigation at this time'. Asked again what was the nature of its interaction with the gardaí regarding the incident, GRI's spokesperson again declined to elaborate. People Before Profit TD Paul Murphy, meanwhile, said 'very serious questions must be posed' to GRI in light of the events at the kennel. 'What apparently went on in this kennel sounds absolutely horrifying,' he said.
Agriland
21-05-2025
- General
- Agriland
Watch: The transformation of peatlands on a farm in Co. Offaly
A suckler farmer in Co. Offaly has today (Wednesday, May 21) showcased how an innovative new project has helped to transform peatlands on his family farm. The transformation according to Donie Regan is down to his decision to take part in Ireland's first on-farm paludiculture trials. The project was officially launched today at the Regan farm in Gortavally, Shinrone, Co. Offaly. It is funded by the funded by the Irish government and the EU, and run by Green Restoration Ireland (GRI), Regan took over his family farm in the 1980s, and has been farming the land ever since. When the Department of Agriculture, Food and the Marine (DAFM) sent out expressions of interest for the project, Regan decided he had 'nothing to lose'. He told Agriland: 'We are delighted with it. This bog has been sitting here for the last 45 years, not being used. We let them on, they blocked the drains, and put in a few ponds. As everything went on there was an awful lot more wildlife, more insects, everything was starting to reappear. 'They decided to put in fruit bushes. We have all the superfruits, they're only in a couple of years but they're going very well. 'The amazing thing is, anything can grow on bog. We've every sort of a vegetable over there, and they all grew.' At the launch of the project, Dr. Doug McMillan and Dr. Bastiaan Molleman, who work for GRI, demonstrated the work that was being done on the farm for the peatlands, and for nature restoration. Dr. McMillan explained: 'With the project, GRI is offering free, hands-on support to farmers, farm advisors, and the wider community. 'Participating farmers can avail of comprehensive, no-cost surveys to assess their peatland's potential for carbon payments, paludiculture crops and the establishment of paludiculture crops.' 'The project also offers free on-farm training delivered at the pioneer farms in Co. Offaly to demonstrate how to successfully manage your peatlands and unlock new income streams,' he added. Peatlands The Minister for Climate, Environment and Energy, Darragh O'Brien has welcomed the project as a 'valuable opportunity' opportunity to support the transition towards climate-neutrality and encourage biodiversity. Minister O'Brien said: 'Peatlands for Prosperity demonstrates an environmentally sustainable solution to the challenges of the cessation of peat extraction in the midlands, placing the welfare and wellbeing of the farming community at its core. 'This project represents the necessary shift towards environmentally conscious land use while enabling farmers to access new potential sources of revenue. 'We look forward to witnessing the impact and influence of this project on future initiatives,' he added.
Fashion Network
21-05-2025
- Business
- Fashion Network
Hammerson shines in 'excellent year', confirms almost full control of Brent Cross
An upbeat CEO Rita-Rose Gagne said: 'We have welcomed over 50 million visitors to our destinations so far in 2025 [and] we've continued to execute our growth strategy and delivered strong operational momentum, with another period of record leasing, increased year-on-year occupancy, investment and consolidation in our assets.' As a result, Hammerson now expects total GRI (global reporting initiative) growth in the region of 10% for 2025 and re-affirmed its adjusted earnings guidance for the full year. Those 50 million visitors so far in 2025 supports its claim that footfall and sales 'have continued to be robust'. Group like-for-like sales were also up 1% for the first quarter, including a particularly strong performance in March in the UK (+2%), 'with the benefit of Easter falling in Q2 yet to come'. Another strong leasing performance in the year to 16 May has already outstripped last year's record performance with the exchange of 93 leases, representing 424,000 sq ft of space, totalling £15.5 million of headline rent at 100%, 59% ahead of previous passing rent, and 12% ahead of ERV. Reflecting the continuing high demand and strong leasing performance, year-on-year occupancy increased by 70bps in the first quarter to 94%, it noted. There's also a 'high visibility' of future income with long-term deals representing 91% by value and the weighted average unexpired lease term to break is 5.4 years, adding £76m of contracted rent year-to-date. The pipeline remains strong with over £25 million in solicitor's hands and in advanced negotiations. Following the investment in asset repositioning, Hammerson sees major new openings this year including a flagship M&S and Odeon at Cabot Circus, Hollywood Bowl and TK Maxx at The Oracle, and a unique partnership between Adidas and Aston Villa at the Bullring. It also completed the major reletting associated with the former House of Fraser at The Oracle, having signed deals last week for significant upsizes with Zara and another major global brand. It also looks forward to welcoming an upsized and new concept Pull & Bear and upsized JD Sports at Dundrum. 'These leases support significant rental growth, and together are ahead of previous passing rents and ERVs', it added. And that updated guidance comes alongside strong operational momentum so it now expects total GRI growth for FY25 to be in the region of 10%, with adjusted earnings of around £95 million. Also, Hammerson gave further details on its Brent Cross acquisition, acquiring almost a 100% stake in the centre for a net cash consideration of £186 million. It said this represents a 16% discount to book value as at 31 December 2024 for the destination and a net initial yield of 8.6%. Combined with Hammerson's existing managing stake, the company's economic interest in Brent Cross is currently 97%, and will provide annualised EBITDA benefit of around £14 million.
