Latest news with #ISO45001:2018
Hans India
29-04-2025
- Business
- Hans India
MIC Electronics Strengthens Commitment to Sustainability and Workplace Safety with ISO 14001:2015 and ISO 45001:2018 Certifications
MIC Electronics Limited, a leading innovator in LED display and lighting solutions, proudly announced today that it has earned the prestigious ISO 14001:2015 Environmental Management System certification and ISO 45001:2018 Occupational Health and Safety Management System certification. These global recognitions mark a significant milestone in MIC's unwavering commitment to sustainable operations and the well-being of its employees. This dual recognition reflects the company's robust environmental stewardship and unwavering focus on the well-being of its employees. The ISO 14001:2015 certification confirms MIC's dedication to sustainable operations by integrating eco-friendly practices and resource efficiency into its daily activities. Meanwhile, the ISO 45001:2018 certification highlights MIC's proactive approach to ensuring safe and healthy working environments across its facilities. Speaking on the achievement, Rakshit Mathur, CEO, MIC Electronics, said, "Sustainability and the safety of our employees have always been at the heart of MIC Electronics. These certifications are a testament to the hard work and commitment of our team as we strive to create a positive impact on the environment, our workforce, and the communities we serve. This milestone motivates us to continue setting industry benchmarks for responsible innovation." The certifications follow an exhaustive auditing process that evaluates MIC's integrated management practices. They solidify the company's vision of building a future-ready organisation rooted in accountability, sustainability, and care for its people. As the company continues to expand its footprint in cutting-edge LED display solutions, smart lighting, and railway electronics, these certifications serve as a pledge that its growth will remain socially responsible and environmentally sustainable.
Al Bawaba
06-04-2025
- Business
- Al Bawaba
Orange Jordan Affirms Leadership in Occupational Safety and Environmental Standards with ISO Renewals
Orange Jordan has renewed its ISO 45001:2018 certification for Occupational Health and Safety Management Systems for the third consecutive time, demonstrating its exceptional ability to meet internationally recognized requirements and specifications. The company has also renewed its ISO 14001:2015 certification for Environmental Management renewal of these certifications confirms Orange Jordan's success in implementing the highest standards of occupational safety, health, and environmental management across all its locations and activities. The company has maintained this distinguished level since Jordan stated that this achievement reflects its firm commitment to both its employees and the environment, placing employee safety and environmental protection at the forefront of its strategic priorities. The renewal of these certifications crowns continuous efforts in developing the work environment and enhancing safety standards and environmental sustainability across all operational company's efforts included implementing specialized training programs for its employees and comprehensive preventive measures across all work sites, in addition to executing various environmental projects aimed at promoting renewal process was based on a comprehensive evaluation of the company's systems and procedures, further confirming its ongoing commitment to implementing global best practices. For more information, please visit our website at © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Zawya
05-04-2025
- Business
- Zawya
Orange Jordan affirms leadership in occupational safety and environmental standards with ISO renewals
Orange Jordan has renewed its ISO 45001:2018 certification for Occupational Health and Safety Management Systems for the third consecutive time, demonstrating its exceptional ability to meet internationally recognized requirements and specifications. The company has also renewed its ISO 14001:2015 certification for Environmental Management Systems. The renewal of these certifications confirms Orange Jordan's success in implementing the highest standards of occupational safety, health, and environmental management across all its locations and activities. The company has maintained this distinguished level since 2019. Orange Jordan stated that this achievement reflects its firm commitment to both its employees and the environment, placing employee safety and environmental protection at the forefront of its strategic priorities. The renewal of these certifications crowns continuous efforts in developing the work environment and enhancing safety standards and environmental sustainability across all operational activities. The company's efforts included implementing specialized training programs for its employees and comprehensive preventive measures across all work sites, in addition to executing various environmental projects aimed at promoting sustainability. The renewal process was based on a comprehensive evaluation of the company's systems and procedures, further confirming its ongoing commitment to implementing global best practices. For more information, please visit our website at About Orange Jordan Orange Jordan is one of the subsidiaries of Orange Global Group, which is present in 26 countries around the world. Orange Jordan operates in line with the Group's strategy 'Lead the Future', and through its positioning as a Responsible Digital Leader, it supports the national digital transformation vision. Orange Jordan prioritizes community service, and in this context, it implements a comprehensive CSR strategy that revolves around 4 pillars including digital education, digital inclusion, entrepreneurship, climate, and environment. Orange Jordan, with more than 1600 employees in 301 shops and locations across Jordan, strives to provide the best customer experience through an integrated set of digital solutions including fixed, mobile, internet, data, and Smart Life Solutions to around 4.1 million customers in Jordan. Orange Jordan's solutions are comprehensive as they serve businesses in addition to individuals under its sub-brand Orange Business. Orange Jordan inspires by its values namely transparency, agility, results-oriented, customer centricity, collaboration, caring, and excellence. To learn more about us, please visit our website: About Orange Ventures With €350 million allocated, Orange Ventures targets investments in innovative startups in areas such as Network & Cloud, Digital Transformation, Cybersecurity, Fintech, E-health, Content, B2C & Marketplaces. The Orange Ventures Impact initiative is dedicated to the Circular economy, Environment and Inclusion. Orange Ventures is deployed primarily in Europe and in the Middle East and Africa region. Supported by the Orange Group and made up of a team of 15 people based in Paris, Orange Ventures offers to the startups in which it invests access to the Group's expertise and the possibility of setting up synergies with its many business units and its 292 million customers (as of September 30, 2024) in 26 countries. For more information, visit or follow us on LinkedIn: Investor contact: Rémi Prunier About Orange Orange is one of the world's leading telecommunications operators with revenues of 39.7 billion euros in 2023 and 128,000 employees worldwide until 30 September 2024, including 71,000 employees in France. The Group has a total customer base of 292 million worldwide until 30 September 2024, including 253 million mobile customers and 22 million fixed broadband customers. These figures have been restated to account for the deconsolidation of certain activities in Spain following the creation of MASORANGE. The Group is present in 26 countries (including non-consolidated countries). Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan "Lead the Future", built on a new business model and guided by responsibility and efficiency. "Lead the Future" capitalizes on network excellence to reinforce Orange's leadership in service quality. Orange is listed on Euronext Paris (symbol ORA). For more information on the internet and on your mobile: and the Orange News app or follow us on X: @orangegrouppr. Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.
Zawya
28-03-2025
- Business
- Zawya
Qatar enters gold refining era with Falcon Gold's new facility
Doha, Qatar: In a significant leap forward for Qatar's economic landscape, Falcon Gold and Precious Metals QFZ LLC is set to open the country's first gold refinery in the Qatar Free Zone. This state-of-the-art facility marks a milestone in the nation's commitment to diversifying its economy and establishing itself as a key player in the global gold market. With advanced technology and sustainable practices at its core, the refinery is poised to enhance local production capabilities, create job opportunities, and foster economic growth. As Qatar continues to embrace innovation and investment, this refinery stands as a testament to the country's ambition and vision for the future. The operations will attract foreign investment, fostering economic growth and enhancing Qatar's global economic standing. Strategically located in the Qatar Free Zone, Falcon Gold benefits from cutting-edge infrastructure and seamless access to Qatar's air and seaports. Being in the Free Zone also allows the company to take advantage of tax exemptions, fostering a favorable business environment and enabling competitive pricing in the gold market. The facility is designed to refine up to 600 kilograms of gold bullion per day, with the capability to produce specialized products such as coins and customized bars. Clients seeking personalized seals or uniquely shaped gold products will find tailored solutions at Falcon Gold. The company offers a diverse range of products, including bars in various sizes, from 1g, 2.5g, 10g, 100g, 250g, 500g and 1kg, as well as 1oz coins. Presales for these products are now open, and inquiries can be directed to [email protected]. Falcon Gold is not just a refinery; it is an enterprise built on trust, quality, and excellence. The company prides itself on precise refining processes that ensure the highest purity levels of gold and other precious metals. As a trusted partner in the global gold trade, Falcon Gold facilitates secure transactions, linking international markets and providing superior products. Falcon Gold & Precious Metals combines state-of-the-art technology with a team of skilled professionals who possess deep expertise in the refining and processing of gold and other precious metals. The advanced facilities ensure precise and efficient processes that deliver the highest levels of purity and value to clients. Operating responsibly, Falcon Gold prioritizes environmental sustainability and occupational health and safety. The company follows stringent international standards, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, ensuring compliance with all relevant regulations. With an established framework, controls are in place at each stage of the supply chain, in accordance with relevant standards ensuring the precious metals obtained and refined are done so in a manner that does not violate any human rights, is not used for money laundering activities, or financing conflict or terrorism. The refinery employs an advanced version of the aqua regia technique, a widely used chemical method that has been refined by Falcon Gold's engineers to maximize purity while minimizing environmental impact. The company's commitment to sustainability extends to pollution reduction and environmental protection measures, making it a responsible leader in the industry. All products undergo independent verification in accordance with LBMA standards by a third-party quality assurance department. At the heart of Falcon Gold's operations lies its sophisticated in-house laboratory. Various analysis techniques are employed within the advanced laboratories of Falcon Gold & Precious Metals. Among these methods is 'Gravimetric Analysis,' which entails measuring the mass and concentration of the analyte with a precision scale accurate to five digits. Utilising the Cupellation method, the gold content within alloyed metals is determined by isolating all metals except silver using lead. Furthermore, through the Acid Parting method, silver is separated from silver-gold alloy using nitric acid, while the residual substances undergo washing, drying, and tempering to extract gold. At the refinery, instrumental analysis employing a range of devices is conducted. The quantities of valuable metal gold in liquid solutions are assessed utilising beam and sound through techniques such as ICP- OES (Inductively Coupled Plasma Optical Emission Spectroscopy) and XRF (X-Ray Fluorescence Spectrometry). Beyond refining, Falcon Gold is set to make a lasting socio-economic impact in Qatar. The company's presence contributes significantly to economic diversification, reducing reliance on the oil and gas sector and attracting foreign investment. By establishing a robust gold and precious metals refinery, Falcon Gold plays a crucial role in boosting Qatar's GDP and strengthening its position in the global economy. Technological advancement is at the core of Falcon Gold's operations. The company invests heavily in research and development, driving innovation in refining and mining. Collaborations with local universities and research institutions foster knowledge transfer, positioning Qatar as a leader in the precious metals industry. By integrating state-of-the-art technology with expert craftsmanship, Falcon Gold is setting new industry standards. Environmental sustainability is a fundamental pillar of Falcon Gold's corporate philosophy. Adhering to ISO 14001:2015 standards, the company implements eco-friendly practices to minimize its ecological footprint. It actively engages with local communities to promote environmental conservation and sustainable business practices. As part of its corporate social responsibility initiatives, Falcon Gold supports education, healthcare, and infrastructure projects, strengthening its ties with the community. On a global scale, Falcon Gold is enhancing Qatar's reputation as a hub for ethical, high-quality, and innovative industrial practices. By exporting refined gold and precious metals, the company bolsters international trade and strengthens economic partnerships. The success of Falcon Gold contributes to Qatar's image as a premier destination for excellence in the precious metals sector. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Yahoo
14-02-2025
- Business
- Yahoo
CARIBBEAN UTILITIES COMPANY, LTD. (CUC) ANNOUNCES 2024 YEAR-END RESULTS AND STRATEGIC MILESTONES
Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange under the trading symbol "CUP.U". GRAND CAYMAN, Cayman Islands, February 14, 2025 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC" or the "Company") announced its audited results for the twelve months ended December 31, 2024 ("Fiscal 2024") (all figures are in United States Dollars). Highlights for 2024 were as follows: Successful commissioning of the 20-megawatt ("MW") battery energy storage system ("BESS"). This system is anticipated to save customers 5-6% in fuel costs. Successful completion of lifecycle upgrades ("LCU") to three of the five generating units that will be upgraded. These upgrades will not only prolong the life of the engines but will improve fuel efficiency, reduce emissions and improve environmental impacts, and significantly prepare the engines for dual fuel operation. Achieved a reliability performance of 1.8 outage hours per average customer in 2024. This is consistent with North American reliability standards. Completion of the Company's Health and Safety Plan which included several focus areas such as training, mental health management initiatives, an internal health and safety audit, and a contractor workshop. Recertification of ISO 45001:2018, the international standard for Occupational Health & Safety management systems. with no major non-conformances. Development of a wildfire mitigation plan and internal procedures. This plan supports the focus on improving the Company's resilience in the event of a wildfire emergency. Nomination for the Investors in People ("IIP") prestigious Overseas Employee of the Year Gold Award. This nomination is a testament to CUC's commitment in creating a positive and supportive working environment for employees. Customer Support Successful implementation of mid-month consumption reports for residential customers. This initiative complements the Customer Connect tool, which is a free resource available on the Company's website for all residential and small business consumers. The mid-month consumption reports allow for increased customer awareness of energy consumption. Financial Growth Capital expenditure of $100.6 million was invested in the construction of the BESS, LCU, Resiliency projects and upgrade of its generation, transmission and distribution assets. Net earnings for the year ending December 31, 2024, were $42.7 million, a $4.0 million increase compared to net earnings of $38.7 million for the year ended December 31, 2023. 3% increase in kilowatt-hour ("kWh") sales. 3% increase in the quarterly dividend from $0.18 to $0.185 per Class A Ordinary Share. The Company published its first Green Financing Framework ("Framework"). The Framework sets out the Company's standards for financing and refinancing projects through green financing instruments. The $50.0 million in Green Note proceeds is being used to refinance and finance eligible projects in three categories: energy efficiency, climate change adaptation and clean transportation. "CUC is dedicated to providing cost-effective and environmentally positive investments for our customers. Our 2024 achievements in capital projects reflect the hard work and dedication of our team to deliver the highest quality service to our customers. Looking ahead, CUC will remain steadfast in our commitment to ensuring our customers receive reliable, safe, and cost-effective energy," said President and CEO, Mr. Richard Hew. Net Earnings and Sales Revenues Net earnings for the Fiscal 2024 were $42.7 million, a $4.0 million increase from net earnings of $38.7 million for the twelve months ended December 31, 2023 ("Fiscal 2023"). This increase was attributable to a 3% increase in kWh sales, 3.2% base rate increase effective June 1, 2024 and the Z-Factor revenue for BESS and Resiliency projects. These factors were partially offset by higher depreciation, general and administrative expenses and maintenance costs. In addition to increase in operating income, the net other income increased in Fiscal 2024 due to higher income from pipeline operation, recovery of billing in arrears related to pole attachment and lower finance charges. Sales in kWh for Fiscal 2024 were 749.3 million kWh, an increase of 22.3 million kWh or 3% compared to Fiscal 2023. The increase was driven by customer growth and increase in average customer consumption for residential and large commercial customers-. Despite the relatively cooler weather and increased rainfall, a record peak load of 128.0 MW was experienced on September 17, 2024. Total customers as of December 31, 2024, were 34,280 an increase of 2% when compared to 2023. Fuel factor and renewable costs are a pass-through at cost to customers. Fuel Factor consists of charges from diesel fuel and lubricating oil costs, which are passed through to consumers on a two-month lag basis with no mark-up. The average Fuel Cost Charge rate charged to consumers for Fiscal 2024 was $0.23 per kWh, compared to the Fuel Cost Charge rate of $0.24 per kWh for Fiscal 2023. The average fuel price per imperial gallon ("IG") for the year ended December 31, 2024, was $3.90, compared to $4.24 for the year ended December 31, 2023. After the adjustment for dividends on the preference shares of the Company, earnings on Class A Ordinary Shares for Fiscal 2024 were $41.7 million, or $1.08 per share, as compared to $37.7 million, or $1.00 per share for Fiscal 2023. Key Updates In 2024, the Company made significant strides in its Environment, Social, and Governance ("ESG") objectives. The Company maintained its environmental management system and is registered to ISO 14011:2015. This standard requires an external audit and in 2024, CUC retained the certification with no major non-conformances. This recertification demonstrates the Company's commitment to its ESG objectives and its commitment to being environmentally prudent. Despite the significant hurricane activity in the Caribbean region in 2024, CUC was able to renew its annual property insurance with no change in coverage and on favourable rate terms. The Company continues its efforts to improve the resiliency of its infrastructure to mitigate the risk of property damage due to climate change and weather events. In 2024, the Company achieved an average of 1.8 hours of outage time per customer. This achievement is in line with North American standards and a testament to the investment in reliability efforts made by CUC. The Company will continue to focus on resiliency in 2025 with the hardening and undergrounding of major transmission lines. These efforts will continue to allow for better uninterrupted service for customers and will allow for quicker restoration of service during major weather events. In August of 2024, the Company's Green Financing Framework (the "Framework") was published. This Framework outlined the Company's standards for financing and refinancing projects through green financing instruments. The framework was assessed by second-party opinion provider, Sustainable Fitch, as excellent, and in Q4 2024, the Framework was awarded the title of Debt Deal of the Year - Caribbean through the Global Banking and Markets Latin America Awards. CUC remains committed to excellence in customer service, continuing to focus on programmes and projects designed to improve customer experience, service delivery, and customer education. During the year the Company successfully introduced proactive mid-month consumption notifications for residential customers to enhance customer education. This initiative complements the Customer Connect tool and allows the customer to monitor their daily energy usage and customise consumption level alerts so that customers can manage their consumption. Capital Projects In 2024, the Company invested $100.6 million in construction of the BESS, LCU, Resiliency projects and the upgrade of its generation, transmission and distribution assets. The above capital projects will enhance reliability, ensure safe delivery of electricity and provide fuel cost savings for the customers of Grand Cayman. Some of these projects will also assist in the reduction of carbon emissions, which is in line with the Company's target of 70% reduction of emissions by 2037. CUC's Annual 2024 results and related Management's Discussion and Analysis ("MD&A") are attached to this release and incorporated by reference. The MD&A section of this report contains a discussion of CUC's 2024 results for the twelve-month period ended December 31, 2024, the Cayman Islands economy, liquidity and capital resources, capital expenditures and the business risks facing the Company. The release and 2024 audited annual results 2024 MD&A can be accessed at (Investor Relations/Press Releases) and at The principal activity of the Company is to generate, transmit, and distribute electricity in its licence area of Grand Cayman, Cayman Islands pursuant to a 20-year Transmission & Distribution ("T&D") Licence and a 25-year non-exclusive Generation Licence (the "Generation Licence" and together with the T&D licence, the "Licences") granted by the Cayman Islands Government (the "Government", "CIG"). The T&D Licence, which expires in April 2028, contains provisions for an automatic 20-year renewal and the Company has reasonable expectation of renewal until April 2048. The Generation Licence expires in November 2039. Further information is available at Certain statements in the MD&A, other than statements of historical fact, are forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to the Company and its operations, including its strategy and financial performance and condition. Forward looking statements include statements that are predictive in nature, depend upon future events or conditions, or include words such as "expects", "anticipates", "plan", "believes", "estimates", "intends", "targets", "projects", "forecasts", "schedule", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". Forward looking statements are based on underlying assumptions and management's beliefs, estimates and opinions, and are subject to inherent risks and uncertainties surrounding future expectations generally that may cause actual results to vary from plans, targets and estimates. Some of the important risks and uncertainties that could affect forward looking statements are described in the MD&A in the section labeled "Business Risks" and include but are not limited to operational, general economic, market and business conditions, regulatory developments and weather. CUC cautions readers that actual results may vary significantly from those expected should certain risks or uncertainties materialize, or should underlying assumptions prove incorrect. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law. SOURCE Caribbean Utilities Company, Ltd. View original content to download multimedia: Sign in to access your portfolio
