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EPSO-G announces audited Sustainability Performance Report for 2024
EPSO-G announces audited Sustainability Performance Report for 2024

Business Upturn

time4 days ago

  • Business
  • Business Upturn

EPSO-G announces audited Sustainability Performance Report for 2024

EPSO-G (company code: 302826889, registered office address Laisvės pr. 10, Vilnius, Lithuania) (hereinafter – the Group) announces the 2024 Sustainability Performance Report (the Performance Report), including an Independent Limited Assurance Report. The Independent Limited Assurance of the Performance Report has been carried out by PricewaterhouseCoopers. EPSO-G issued a EUR 75 million sustainability-linked bond ISIN LT0000406530 (hereinafter – the Bond prospectus) on 7 June 2022 (EUR 75,000,000 3.117 per cent. Senior Unsecured Sustainability-Linked Notes due 2027). Under the terms of the Bond, EPSO-G committed to achieving sustainability performance target (SPT1) to reduce its Scope 1 and Scope 2 GHG emissions (tCO 2 e) by 30% by 2026, compared to the 2019 baseline and SPT2 – ensure that the amount of energy not supplied (hereinafter – ENS) does not exceed 136.255 MWh in the period 2022-2026. PricewaterhouseCoopers has assessed the calculation and disclosure of Scope 1 and Scope 2 GHG emissions, and ENS indicator. The audit firm confirmed in an independent limited assurance report that the EPSO-G Group has calculated the two key performance indicators for 2024 in compliance with the criteria for disclosure of the sustainability indicators. The Performance Report provides the latest information on the progress of the Group's key sustainability-linked performance targets and its indicators in the implementation of both the 2022 EPSO-G Sustainability-linked Finance Framework and the commitments made by EPSO-G under the Bond prospectus. This Performance Report should be read in conjunction with the EPSO-G 2024 consolidated management report (hereinafter – Management Report), which contains information relating to sustainability and other significant events affecting the Group. The Management Report is presented together with the independent auditor's report on the audit of the separate and consolidated financial statements and the independent practitioner's limited assurance report on the EPSO-G consolidated sustainability statement for the year ended December 31, 2024. The EPSO-G group of companies consists of the holding company EPSO-G and its five direct subsidiaries Amber Grid, Baltpool, Energy Cells, Litgrid and Tetas. EPSO-G and its Group companies also hold shares in Rheinmetall Defence Lietuva, GET Baltic, Baltic RCC OÜ and TSO Holding AS. The rights and obligations of the sole shareholder of EPSO-G are exercised by the Ministry of Energy of the Republic of Lithuania. For more informationGediminas Petrauskas, Communications Partner at EPSO-G Tel. +370 610 63306, e-mail [email protected]

EPSO-G announces audited Sustainability Performance Report for 2024
EPSO-G announces audited Sustainability Performance Report for 2024

Yahoo

time4 days ago

  • Business
  • Yahoo

EPSO-G announces audited Sustainability Performance Report for 2024

EPSO-G (company code: 302826889, registered office address Laisvės pr. 10, Vilnius, Lithuania) (hereinafter - the Group) announces the 2024 Sustainability Performance Report (the Performance Report), including an Independent Limited Assurance Report. The Independent Limited Assurance of the Performance Report has been carried out by PricewaterhouseCoopers. EPSO-G issued a EUR 75 million sustainability-linked bond ISIN LT0000406530 (hereinafter - the Bond prospectus) on 7 June 2022 (EUR 75,000,000 3.117 per cent. Senior Unsecured Sustainability-Linked Notes due 2027). Under the terms of the Bond, EPSO-G committed to achieving sustainability performance target (SPT1) to reduce its Scope 1 and Scope 2 GHG emissions (tCO2e) by 30% by 2026, compared to the 2019 baseline and SPT2 - ensure that the amount of energy not supplied (hereinafter - ENS) does not exceed 136.255 MWh in the period 2022-2026. PricewaterhouseCoopers has assessed the calculation and disclosure of Scope 1 and Scope 2 GHG emissions, and ENS indicator. The audit firm confirmed in an independent limited assurance report that the EPSO-G Group has calculated the two key performance indicators for 2024 in compliance with the criteria for disclosure of the sustainability indicators. The Performance Report provides the latest information on the progress of the Group's key sustainability-linked performance targets and its indicators in the implementation of both the 2022 EPSO-G Sustainability-linked Finance Framework and the commitments made by EPSO-G under the Bond prospectus. This Performance Report should be read in conjunction with the EPSO-G 2024 consolidated management report (hereinafter - Management Report), which contains information relating to sustainability and other significant events affecting the Group. The Management Report is presented together with the independent auditor's report on the audit of the separate and consolidated financial statements and the independent practitioner's limited assurance report on the EPSO-G consolidated sustainability statement for the year ended December 31, 2024. The EPSO-G group of companies consists of the holding company EPSO-G and its five direct subsidiaries Amber Grid, Baltpool, Energy Cells, Litgrid and Tetas. EPSO-G and its Group companies also hold shares in Rheinmetall Defence Lietuva, GET Baltic, Baltic RCC OÜ and TSO Holding AS. The rights and obligations of the sole shareholder of EPSO-G are exercised by the Ministry of Energy of the Republic of Lithuania. For more information Gediminas Petrauskas, Communications Partner at EPSO-G Tel. +370 610 63306, e-mail Attachment Darnumo_rodiklių_pažangos_ataskaita_2024_ENError 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

Thai PM leads crackdown on drugs: 34 dealers arrested, assets worth 1.9 billion baht frozen
Thai PM leads crackdown on drugs: 34 dealers arrested, assets worth 1.9 billion baht frozen

The Star

time29-05-2025

  • Politics
  • The Star

Thai PM leads crackdown on drugs: 34 dealers arrested, assets worth 1.9 billion baht frozen

BANGKOK: Prime Minister Paetongtarn Shinawatra on Thursday (May 29) chaired a meeting to announce government policies and report progress on drug suppression efforts. She was joined by Deputy Prime Minister Phumtham Wechayachai, Justice Minister Pol Col Tawee Sodsong, and National Police Chief Pol Gen Kitrat Phanphet. Over the past two months (April 1 to present), following the launch of the Seal-Stop-Safe operation by the Narcotics Suppression Bureau, authorities have raided, arrested, and seized assets from major drug networks in over 31 cases, arresting 34 suspects. Confiscations included 29.93 million methamphetamine pills, 126 kilogrammes of heroin, and 4,443 kilogrammes of crystal meth (ice) and ketamine. Assets frozen totalled 1.9 billion baht. The proactive campaign includes: Northern border interception: 10 cases, 17 suspects, seizing over 29.93 million meth pills, 70 kg heroin, 2,476 kg ice and ketamine. Northeastern border interception: 2 cases, 8 suspects, 697 kg ice seized. Southern region prevention of drug trafficking to third countries: 4 cases, 9 suspects, 1,132 kg ice seized. Suvarnabhumi Airport interdiction under AITF programme: 15 cases, seizures include 137.68 kg ice and 57.26 kg heroin destined for Australia, Taiwan, Japan, South Korea, and Guinea. National Police Chief Pol Gen Kitrat Phanphet stated that since the government launched the Seal-Stop-Safe operation on February 1, 2025, the Royal Thai Police (RTP) have intensified efforts to intercept and raid major drug trafficking networks, catching them off guard and decisively dismantling drug hubs and routes. In addition to arrests, police have confiscated luxury cars, houses, cash, gold jewelry, and other assets hidden through complex methods — none have escaped seizure. The operation aligns with government policy emphasising not only arresting offenders but also tracking financial routes, seizing assets, and prosecuting to the fullest extent under the law without exception. Compared to the same period in 2024, arrests and asset seizures have increased across all dimensions, said Kitrat. RTP Performance Report for Fiscal Year 2025 (7 months): Raids on 25,745 targets, disrupting 6,549 networks, arresting 34,563 petty drug dealers, seizing 152 million meth pills, 13,335 kg ice, 1,798 firearms, 4 bombs, and 2.795 billion baht in assets. Nationwide drug-related prosecutions totalled 158,832 cases involving 157,881 suspects, with 3,899 arrested under warrants. Cases included 2,338 conspiracy charges and 181 money laundering charges. Confiscated drugs included 645.93 million meth pills, 34,223 kg ice, 938 kg heroin, 4,471 kg ketamine, and 271,329 ecstasy pills. Assets seized from drug traffickers amounted to 8.064 billion baht. - The Nation/ANN

Special consideration package under review, likely by July, says Tengku Zafrul
Special consideration package under review, likely by July, says Tengku Zafrul

New Straits Times

time06-05-2025

  • Business
  • New Straits Times

Special consideration package under review, likely by July, says Tengku Zafrul

KUALA LUMPUR: The government's Special Consideration Package—designed to assist industries impacted by global trade realignments and US-imposed reciprocal tariffs—is still being finalised and is expected to be announced by July, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz. Speaking at the Ministry of Investment, Trade and Industry's (MITI) First Quarter 2025 Performance Report briefing today, Tengku Zafrul said that discussions with affected companies remain a top priority. "We may announce it after July, as our current focus is on discussions with companies. Once we understand the impact, identify the affected companies, and determine which supply chains are disrupted, we will be able to make a decision," he told reporters during MITI's First Quarter 2025 Performance Report briefing today. This follows Prime Minister Datuk Seri Anwar Ibrahim's earlier announcement of key elements under the broader package, including an additional RM1 billion in guarantees through the Business Financing Guarantee Scheme to help small- and medium-sized exporters access commercial bank loans. A Another RM500 million in soft loans will be chanelled through development financial institutions to support SMEs hit by US tariffs, with close monitoring for effective implementation. Tengku Zafrul said that while the ministry aims to provide as much support as possible, certain financial considerations must be carefully assessed to avoid straining the government's fiscal position. "Our investment division is committed to helping as much as possible, but at the same time, there are fiscal concerns that need to be reviewed before making a final decision," he added. Industries most impacted by the trade measures include electrical and electronics (E&E), machinery and equipment, medical devices, furniture, palm oil and rubber, pharmaceuticals, automotive, and aerospace. Tengku Zafrul also noted that some sectors have yet to fully tap into existing government support facilities, suggesting a need for further evaluation before finalising the package. The Special Consideration Package is expected to include additional incentives for companies affected by adjustments to global trade and investment policies, including tax and export-import tariff measures.

DMW announces expansion plans for OFW Hospital to meet growing demand
DMW announces expansion plans for OFW Hospital to meet growing demand

Filipino Times

time29-04-2025

  • Health
  • Filipino Times

DMW announces expansion plans for OFW Hospital to meet growing demand

The Department of Migrant Workers (DMW) announced plans on Friday for a major expansion of the OFW Hospital (OFWH) in response to rising demand for services. The expansion includes efforts to secure a Level 2 license from the Department of Health, which will enable the hospital to open Intensive Care Units (ICUs), expand outpatient services, and offer more specialty clinics. The DMW highlighted the significant increase in the number of overseas Filipino workers (OFWs) and their families seeking medical services at the hospital in San Fernando, Pampanga. According to the First Quarter 2025 Performance Report, there has been a notable rise in service utilization. 'As of March 31, 2025, the OFWH posted notable increases in hospital service utilization compared to the same period last year,' the DMW said in a statement. 'The report indicates a 92-percent increase in inpatients served, from 109 in Quarter 1 of 2024 to 209 in the same quarter this year, while outpatient services saw a 19 percent increase, from 10,143 in 2024 to 12,097 in 2025.' The DMW attributed this growth to the increasing trust in the government's specialized healthcare initiatives for migrant workers and their families, underlining the hospital's growing role in supporting OFWs returning home. This expansion aligns with President Ferdinand R. Marcos Jr.'s directive to enhance welfare services for migrant workers. In addition to outpatient services and hospital admissions, several departments at the OFWH showed growth. Radiology and laboratory procedures increased by 30 percent, the heart station by 34 percent, and respiratory procedures by 10 percent. Other services, such as 24/7 emergency care, telemedicine, surgery, obstetrics and gynecology, and diagnostic units, also saw increased patient volume. The hospital's Integrated Medical Repatriation and Assistance Program continued to assist returning OFWs who required hospitalization and family health counseling. The OFWH is also aiming for recognition as a Pre-Employment Medical Examination provider for overseas workers and a licensed Cancer Treatment Facility. A dedicated Cancer Center building will be constructed as part of the expansion, along with updates to the Heart Station, Respiratory, and Radiology units. The hospital is also working toward fully digitalizing its systems.

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