Latest news with #S&PGlobalSustainabilityYearbook
Yahoo
29-05-2025
- Business
- Yahoo
RS Group earns three new ESG accolades
RS Group's commitment to ESG leadership continues to impress, earning 2025 recognition on the CDP A List, a third consecutive EcoVadis Platinum medal, and a second consecutive listing in the S&P Global Sustainability Yearbook. FORT WORTH, Texas, May 29, 2025 /PRNewswire/ -- RS, a high-service global product and service solutions provider for industrial customers, continues to achieve ambitious environmental, social, and governance (ESG) goals and has already earned three new accolades in 2025: an improved 2024 CDP A List rating, a third consecutive EcoVadis Platinum medal, and a second consecutive listing in the S&P Global Sustainability Yearbook. The CDP A List rating places RS amongst the top 2% of disclosing companies. The third consecutive EcoVadis Platinum medal places RS in the top 1% of rated companies, and the second consecutive listing in the S&P Global Sustainability Yearbook places RS in the top 15% of companies in its industry. CDP A List Recognition CDP is a global non-profit dedicated to helping stakeholders, ranging from small businesses to policymakers, take meaningful action to balance people, planet, and profit. To this end, CDP runs the world's only independent environmental disclosure system for companies, capital markets, cities, states, and regions to manage their environmental impacts. The data from its annual environmental disclosure report provides participating companies with a comprehensive understanding of their environmental dependencies, risks, impacts, and opportunities, which ESG leaders use to inform core business decisions, secure capital, reduce risks, engage their value chains, and boost efficiency. CDP scored 22,777 companies in 2024 — breaking previous records — but gave just 2% of them "A"s, indicating that, while ambition is growing, the bar for true environmental leadership remains rigorously high. RS is amongst the illustrious 2% recognized for understanding that, in today's market, environmental risk is financial risk; weaving environmental stewardship into their governance, strategy, and operations; embracing transparency as a tool for resilience, opportunity, and growth; and leading by example to create a blueprint for the economy we need. This year marks the second time RS made the CDP A List as well as an improvement from its previous score of A-. "Being one of a select few global companies to reach the CDP A List is a testament to the hard work of all our teams have invested in decarbonizing our business and supply chain and offering our customers more sustainable products and service solutions," said Andrea Barrett, Vice President of Social Responsibility and Sustainability at RS Group. ''But that work doesn't stop here! We're continuing to accelerate our 2030 ESG action plan to protect our people and the planet, support our sustainable growth, and create more long-term value for all our stakeholders.'' Andrea also shared several recent RS activities that contributed to its 2024 CDP A List rating, including: Providing customers with more than 30,000 and growing sustainable Better World product alternatives backed by its industry-leading claims-based sustainable product framework. Making distribution sites more automated, energy efficient, and sustainable to provide customers with better service and reduce environmental impacts and, in turn, reducing Scope 1 and 2 emissions by 58% since 2019/20. Cutting the distance products travel by sourcing, storing, and shipping closer to customers and suppliers, switching to less carbon intensive modalities, and, in turn, reducing Scope 3 product transport emissions by 26% since 2019/20. EcoVadis Recognition EcoVadis is the world's most trusted independent provider of global business-to-business sustainability ratings used to screen and select strategic procurement partners. The EcoVadis assessment focuses on 21 sustainability criteria that are grouped into four themes — environment, labor and human rights, ethics, and sustainable procurement — and is used to measure the quality of a company's sustainability management system through its policies, actions, and results. This year, RS Group earned a third consecutive Platinum EcoVadis medal. The 2024 medal honor RS Group's continued commitment to environmental sustainability, labor conditions and human rights, and sustainable procurement and once again places RS Group in the top 1% of the more than 100,000 rated companies that EcoVadis assesses and rates in terms of the material sustainability risks and issues for their size, location, and industry. S&P Global Sustainability Yearbook Recognition RS Group also earned a second consecutive listing in the 2025 S&P Global Sustainability Yearbook based on S&P Global's Corporate Sustainability Assessment (CSA), an annual evaluation of companies' sustainability practices that reports on a industry-specific economic, environmental, and social criteria relevant to both a growing number of sustainability-centric investors and companies' financial success. The 2025 S&P Global Sustainability Yearbook features just over 10% of the 7,690 companies assessed for the 2024 CSA and recognizes RS Group for advancing the sustainability of its operating, packaging, and logistics processes. "We are very proud to have earned such highly regarded ESG ratings," said Andrea Barrett, Vice President of Social Responsibility and Sustainability at RS Group. "These achievements demonstrate the hard work of teams across every area of our business who are committed to delivering value-generating initiatives that positively impact our people, customers, suppliers, shareholders, and communities as we strive to make amazing happen for a better world." To learn more about RS Group and the three ESG awards the company has earned to-date in 2025, please visit the links embedded above. About RS RS is a high-service global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 36 markets, stock over 830,000 industrial and specialist products, and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital, and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it's our people that make the difference. Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet, and profit. RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2025 reported revenue of £2,904 million. For more information, please visit or connect with us on LinkedIn or X (Twitter). About RS in the Americas In the Americas region, RS stocks more than 250,000 industrial and electronic products from more than 700 trusted suppliers. These solutions cover categories extending from automation and control equipment to interconnect, passive, active, and electromechanical components and include more than 80,000 high-quality, competitively priced RS PRO products. For more information, please visit or connect with us via social media on Facebook, X (Twitter), LinkedIn, and YouTube. Image Download: RS ESG Leader Editorial Contact & Media Inquiries:rsgroup@ View original content to download multimedia: SOURCE RS Group plc Sign in to access your portfolio
Malaysian Reserve
28-05-2025
- Business
- Malaysian Reserve
LONGi selected on the 2025 FORTUNE China ESG Impact List
XIAN, China, May 28, 2025 /PRNewswire/ — On May 16, the FORTUNE China officially unveiled its ESG Impact list, with LONGi securing its place on the ranking once again for its outstanding practices in environmental, social, and governance (ESG) domains. This marks the third time that LONGi has been honored since the list's inception, further solidifying its global influence in sustainable development practices within the photovoltaic industry. In 2024, LONGi deepened its ESG practices and achieved multiple sustainability goals ahead of schedule, reflecting its relentless efforts to realize its vision of 'affordable for all.' In ESG ratings, the company saw its MSCI ESG rating upgraded to BBB in 2024, earning the highest key issue scores among global semiconductor companies listed on A+H shares and topping the photovoltaic sector. LONGi also became the first in its industry to receive the 'Industry Top Movers' distinction from S&P Global Corporate Sustainability Assessment (CSA) and was included in the S&P Global Sustainability Yearbook (China Edition) 2025. Additional accolades—such as the EcoVadis Gold Medal (top 5% globally), CDP Water Security A- leadership rating, and a leading FTSE Russell ESG score of 3.8—underscore its benchmark status and industry leadership in ESG governance. As a clean energy innovator, LONGi places environmental responsibility at the core of its mission. In 2024, the company achieved significant progress in decarbonization and resource efficiency: its annual green electricity usage ratio rose to 47.5%, equivalent to reducing carbon emissions by approximately 2.5467 million metric tons. Its Jiaxing production base became the photovoltaic industry's first 'Lighthouse + Zero-Carbon' factory. In green supply chain development, as the first in the industry to obtain ISO 20400 sustainable procurement certification, LONGi conducted ESG due diligence for 123 new suppliers and 136 qualified suppliers in 2024, performed on-site audits for 48 critical suppliers, and facilitated 23 suppliers in obtaining certifications or improving disclosures. To advance energy equity, LONGi partnered with the UN Refugee Agency (UNHCR) in 2023 to launch a three-year global collaboration (2024–2026) focused on green transformation in humanitarian supply chains through renewable energy solutions. In November 2024, LONGi completed its first milestone project under this partnership: a 700-kilowatt solar photovoltaic power station at the Termez Humanitarian Logistics Center in Uzbekistan. The facility is expected to generate approximately 989,933 kilowatt-hours of electricity annually while reducing carbon emissions by 495 metric tons per year. This project represents a critical step in providing sustainable energy for emergency logistics and storage, setting a green transition model for global humanitarian operations and demonstrating renewable energy's potential in crisis-response infrastructure. As a responsible company, LONGi is driven by its mission to 'making the best of solar energy to build a green world', striving to be a pioneer, practitioner, and leader in sustainable development within the clean energy sector. Looking ahead, LONGi will continue to advance its ESG practices, leveraging technological innovation and global expansion to accelerate the energy transition and contribute to building a zero-carbon future for our planet. About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development.
Techday NZ
23-04-2025
- Business
- Techday NZ
Enabling a greener tomorrow through innovation with Acer
Acer has reaffirmed its commitment to sustainability, following its recognition in the 2024 S&P Global Sustainability Yearbook, where it ranked among the top 5% of companies assessed. The company's environmentally conscious initiatives span from product design to packaging and corporate operations, catering to a growing market of eco-aware consumers. Recent research by Monash Business School's Australian Consumer and Retail Studies (ACRS) reveals a shift in consumer behaviour, with more than half of Australian shoppers (51%) identifying sustainability as a key factor in their purchasing decisions. This has placed increased pressure on businesses to integrate sustainable practices, and Acer has taken notable steps in response. "With Acer being named by TIME among the World's Most Sustainable Companies in 2024, we are proud to be a leader in this space in terms of our endeavours to date," said Gaba Cheng, Managing Director of Acer Oceanic Region. "I believe 2025 will see more companies prioritising both sustainable product development, as well as operational procedures throughout the supply chain – with this being increasingly expected by consumers." Acer's efforts are evident in its TravelMate product line, which incorporates a variety of recycled materials, including post-consumer recycled and ocean-bound plastics. The design aims not only to minimise environmental impact but also to support a circular economy. The reinforced I/O ports, made more durable through the use of metallic plates, reduce the need for replacements, extending the lifespan of the devices. In terms of packaging, Acer has committed to fully recyclable materials that maintain durability while significantly reducing waste. These steps reflect a holistic approach to sustainability, extending from the components used in the laptops to their outer packaging. Further underscoring its green credentials, Acer continues to invest in product durability and environmental standards, with its devices achieving MIL-STD-810H certification, as well as EPEAT and TCO certifications. These internationally recognised benchmarks demonstrate compliance with rigorous environmental and social responsibility criteria. A key part of Acer's strategy is its Earthion Initiative, which focuses on reducing environmental impact across multiple fronts – from energy use and logistics to recycling and clean energy adoption. The initiative not only aligns with Acer's corporate responsibility goals but also supports its partners in achieving their own environmental objectives. Acer's Vero range complements the TravelMate line as another pillar of the company's sustainable technology offerings. The Vero laptops incorporate up to 40% post-consumer recycled plastics in their chassis, which contributes to a 30% reduction in CO₂ emissions compared to conventional materials. This blend of energy-efficient hardware and eco-conscious design is aimed at environmentally minded users seeking reliability without compromising on performance. These initiatives signal Acer's strategic pivot towards sustainability as both a corporate imperative and a market differentiator. As environmental concerns continue to influence consumer behaviour and regulatory expectations, companies like Acer are positioning themselves at the forefront of sustainable innovation in the technology sector.
Yahoo
19-03-2025
- Business
- Yahoo
Firstsource in S&P Global Sustainability Yearbook 2025 for second consecutive year
- Top 99th percentile- Named 'Industry Mover'- Among 'Top 5% S&P Global CSA Score' MUMBAI, India, March 19, 2025 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), an RP-Sanjiv Goenka Group company, today announced its inclusion in the prestigious S&P Global Sustainability Yearbook for the second consecutive year—this time with an even greater impact, earning recognition as an 'Industry Mover' and achieving a 'Top 5% S&P Global CSA Score' for FY2025. Further solidifying its ESG leadership, Firstsource achieved an S&P Global Sustainable1 ESG Score and CSA Score of 81—a significant 19-point increase from 2023—featuring in the top 99th percentile, and a top performer in the 'Professional Services' category. Companies that demonstrate an improvement of at least five percent in their S&P Global Corporate Sustainability Assessment (CSA) Score – representing the strongest performance enhancement within their industry – are considered 'Industry Movers'. In addition, the 'Top 5% S&P Global CSA Score' recognition is awarded to companies whose scores rank within 1% to 5% of the industry's top-performing organization. Dr. Sanjiv Goenka, Chairman of RPSG Group and Firstsource, shared, "Being recognized in the top 99th percentile, as an 'Industry Mover' and ranking in the 'Top 5% S&P Global CSA Score', among those featured in the S&P Global Sustainability Yearbook is a proud moment for Firstsource. This achievement reaffirms our commitment to embedding sustainability at the core of our business strategy – where responsible growth, innovation, and long-term value creation go hand-in-hand. As we continue to advance our ESG initiatives, from climate action to stronger governance and social impact, we remain focused on driving meaningful change for our clients, employees, communities, and the environment." At Firstsource, sustainability is embedded into their operations through FirstConscious—their holistic ESG framework that drives responsible growth and long-term impact. Over the past year, Firstsource has accelerated its ESG journey by achieving key milestones, including: Strengthened GHG Inventory & Assurance – Enhancing transparency and accountability in emissions reporting Comprehensive Climate Risk Assessment – Evaluated climate risks across geographies to build resilience Committed to SBTi and achieving NetZero emissions by 2050, with validation process currently underway. Adopted the Taskforce on Climate related Financial Disclosures (TCFD) framework to ensure transparency in climate-related risks and opportunities. Strengthened ESG Policies & Processes – Embedding sustainability deeper into governance and operations Aligning towards UN Global Compact's Ten Principles on human rights, labor, environment, and anti-corruption The S&P Global Sustainability Yearbook identifies industry leaders demonstrating outstanding corporate sustainability performance. Companies are rigorously evaluated through S&P Global's Sustainable1 Corporate Sustainability Assessment (CSA), and only the top performers within each sector earn a place in the Yearbook. Out of over 7,690 companies across 62 industries that were assessed for this year's Sustainability Yearbook, only 780 are Yearbook Members. The S&P Global Sustainability Yearbook is a trusted benchmark for corporate sustainability, assessing companies across environmental, social, and governance dimensions. For more details on the S&P Global Sustainability Yearbook 2025, visit About Firstsource Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: (Bloomberg: FSOL:IN), is a global leader providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes. ( Logo: View original content: Sign in to access your portfolio
Yahoo
13-02-2025
- Automotive
- Yahoo
Hanon Systems Included in S&P Global's 2025 Sustainability Yearbook
SEOUL, South Korea, Feb. 13, 2025 /PRNewswire/ -- Hanon Systems (KS:018880), a leading global automotive thermal management supplier, has been included in the S&P Global Sustainability Yearbook for the second consecutive year. The 2025 S&P Global Sustainability Yearbook features companies that score within the top 15% of their industry, and achieve a S&P Global Sustainability Score within 30% of the industry's top-performing companies. 7,690 companies from 62 industries were evaluated in the 2024 Corporate Sustainability Assessment, and Hanon Systems ranks as a 2025 yearbook member out of 12 companies in the Auto Components category. "Building on my ESG experience at Hankook Tire & Technology, I aim to further advance sustainable management at Hanon Systems," said Soo Il Lee, CEO and vice chairman of Hanon Systems. "We will continue to strengthen collaboration with various stakeholders to improve our ESG performance across the company and strive to become a global ESG leader." Hanon Systems has been publishing annual sustainability reports since 2017 and established an ESG Committee in 2022 to ensure systematic and proactive ESG management. The company aims to achieve short-term greenhouse gas reductions by 2030, net zero by 2050, and reduce absolute emissions of scope 1, 2, and 3 by 90% by 2040. Additionally, the Science Based Targets (SBTi) initiative has approved these targets in 2024. About Hanon Systems Hanon Systems, founded in 1986, is a global leader in thermal energy management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning, powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit Follow Hanon Systems: LinkedIn: YouTube: View original content to download multimedia: SOURCE Hanon Systems Sign in to access your portfolio
