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Yahoo
15-05-2025
- Business
- Yahoo
First Quantum Publishes 2024 Sustainability Reports
(In United States dollars, except where noted otherwise) TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX: FM) has published its sustainability reports for 2024. The Environment, Social and Governance Report is the Company's primary sustainability report, setting out its sustainability performance. The Company has also published its Task Force on Climate-related Financial Disclosures ('TCFD') aligned Climate Change Report and Tax Transparency and Economic Contributions Report. 'While recent events in Panama and Zambia have presented challenges for the Company, our long-term commitment to the environment and our communities remains unchanged,' said Tristan Pascall, Chief Executive Officer. 'We are focused on pursuing ambitious and tangible decarbonization strategies that support operational efficiency and resilience, productivity and our climate change commitments. At the same time, we continue to deliver strong economic value to our host countries, contributing over $3.5 billion in 2024 alone through taxes, salary and wages, local procurement, and community investment.' First Quantum today released its Climate Change Report, aligned with the recommendations of the TCFD. In light of the current situation in Panama and drought conditions aggravated by El Niño in Zambia, the Company has revised its climate targets. In the current phase of Preservation and Safe Management at Cobre Panamá following the suspension of operations, and a temporary reduction in the availability of renewable power in Zambia due to drought conditions, have impacted the expected timing of delivery of the Company's decarbonization strategy. In response, First Quantum now targets a 50% reduction in absolute Scope 1 and 2 greenhouse gas emissions, as well as the CO₂e intensity of copper production, by 2035. Achieving this goal will depend on increased clarity regarding the situation in Panama, where the power station at Cobre Panamá, when operational, remains the Company's largest single source of emissions. In 2024, the total direct economic contribution by the Company to the countries in which it operates was over $3.5 billion. This included: $800 million in taxes, royalties and other payments to government, $426 million in salaries and wages, $28 million in community investment programs, social outreach and communication, and $2,265 million in supplier spend with nationally registered suppliers. Our cumulative direct contributions to government revenue, such as taxes, royalties, and other payments to government, is over $9.2 billion for the past 8 years. For further information, visit our website at or contact: Bonita To, Director, Investor Relations (416) 361-6400 Toll-free: 1 (888) 688-6577E-Mail: info@ CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATIONCertain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. The forward-looking statements in this news release include statements as to the timing of development, presentation and initiation of the closure plan, the contents thereof and the process for the development thereof; and the requirements to avoid environmental damage at Cobre Panamá during the non-operational phase. With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions regarding the ability and willingness of MICI to develop, present and initiate a closure plan and the process, timing and contents thereof; the possibility for environmental damage during the current non-operational phase. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to, the ability to receive the timing for the development, presentation and initiation of the closure plan, the contents thereof and the process for the development thereof; the duration of the nonoperational phase at Cobre Panamá; the Government of Panama's management plan for the tailings storage and water treatment facilities at Cobre Panama; the political and social situation in Panamá; potential political, legal, social and environmental challenges; and events generally impacting global economic, political and social stability. There may also be other factors that cause actual results, performance, achievements or events not as anticipated, estimated or intended, including the risks, uncertainties and other factors discussed in the Company's Annual Information Form. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law.
Associated Press
28-04-2025
- Business
- Associated Press
VNET Publishes 2024 Environmental, Social and Governance Report
BEIJING, April 28, 2025 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ('VNET' or the 'Company'), a leading carrier- and cloud-neutral internet data center services provider in China, today announced it has published its 2024 Environmental, Social and Governance Report (the '2024 ESG Report'). This is VNET's fifth ESG report, highlighting the Company's 2024 efforts and achievements in environmental practices, digital empowerment, ethical governance, and social responsibility. 'As an integral element of VNET's long-term strategy for sustainable growth, our 2024 ESG initiatives drove measurable advancements in our pursuit of a greener future,' Josh Sheng Chen, Founder, Executive Chairperson, and interim Chief Executive Officer of VNET. 'Upgrades to our 'SHIELD' (Society, Human, Innovation, Environment, Leadership, Development) sustainability system broadened stakeholder coverage and amplified our impact, reinforcing our position as an industry leader in sustainability. Heading into 2025, we will remain committed to integrating ESG best practices across our business, facilitating the development of China's green, digital economy while creating sustainable value for all stakeholders.' 2024 ESG Report Highlights: To view the full 2024 ESG Report, please visit the Company's Investor Relations website at or access the report directly at About VNET VNET Group, Inc. is a leading carrier- and cloud-neutral internet data center services provider in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services to improve the reliability, security, and speed of its customers' internet infrastructure. Customers may locate their servers and equipment in VNET's data centers and connect to China's internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 7,000 hosting and related enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises. Safe Harbor Statement This announcement contains forward-looking statements. These forward-looking statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'target,' 'believes,' 'estimates' and similar statements. Among other things, quotations from management in this announcement as well as VNET's strategic and operational plans, contain forward-looking statements. VNET may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about VNET's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: VNET's goals and strategies; VNET's liquidity conditions; VNET's expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, VNET's services; VNET's expectations regarding keeping and strengthening its relationships with customers; VNET's plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where VNET provides solutions and services. Further information regarding these and other risks is included in VNET's reports filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and VNET undertakes no duty to update such information, except as required under applicable law. Investor Relations Contact: Xinyuan Liu Tel: +86 10 8456 2121 Email: [email protected] View original content: SOURCE VNET Group, Inc.
Yahoo
16-04-2025
- Automotive
- Yahoo
XPENG Publishes 2024 Environmental, Social and Governance Report
GUANGZHOU, China, April 15, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. ('XPENG' or the 'Company,' NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle ('Smart EV') company, today published its 2024 Environmental, Social and Governance Report (the 'Report'). The Report highlights the Company's achievements and continuous progress toward its sustainability objectives, along with its commitment to creating long-term value for society. 2024 ESG Report Highlights: ESG Achievements: XPENG has been awarded the highest MSCI ESG Rating of AAA, highlighting its leadership in environmental, social, and governance practices. Sustainable Energy Utilization: XPENG's annual consumption of clean energy reached 25,718 MWh, complemented by photovoltaic power generation totaling 43,544 MWh, showcasing significant strides towards renewable energy adoption. Carbon-reduced Products: The Smart EVs produced by XPENG in 2024 are anticipated to reduce greenhouse gas emissions by more than 3.11 million tons over their lifecycle compared to conventional gasoline cars, underscoring a strong commitment to combating climate change. Eco-friendly Production: XPENG was selected for the Green Manufacturing List by the Ministry of Industry and Information Technology and awarded the title of "National Green Supply Chain Management Enterprise.", reflecting its dedication to sustainable industrial practices. Promoting a Circular Economy: By establishing a comprehensive end-to-end recycling management process for used power batteries, XPENG promotes efficient waste resource utilization, contributing to a circular economy. Product Quality: XPENG obtained the ISO 9001 quality management system certification, ensuring top-notch product quality. No vehicle recall incidents occurred in 2024, a testament to the Company's rigorous standards. Quality Improvement Programs: Throughout the year, XPENG conducted nine major quality improvement initiatives aimed at enhancing its supply chain quality, engaging with 426 suppliers in the process. Product Safety: Two XPENG models received a five-star safety rating from C-NCAP, three XPENG models received a five-star safety rating from EURO NCAP, and one XPENG model received a five-star safety rating from ANCAP, demonstrating the Company's unwavering commitment to safety. Tech Innovations: The launch of the XPENG AI system, encompassing innovations in AI-driven cars, robots, and flying vehicles, is propelling the future of mobility solutions forward. Information Security: XPENG successfully renewed its ISO 27001 Information Security Management System and ISO 27701 Privacy Information Management System certifications. No information security breaches, or other cybersecurity incidents occurred during the year, underscoring XPENG's effective data and information security framework. Community Engagement: In collaboration with employees and XPENG owners, the Company founded the XPENG Volunteer Service Task Force, fostering a vibrant community of nearly 1,200 registered volunteers who collectively contributed over 18,000 hours of service. To view the full 2024 ESG Report, please visit the ESG section of XPENG's Investor Relations website: About XPENG XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the future. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The Company's Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates' and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Contacts: For Investor Enquiries:IR DepartmentXPeng ir@ Jenny CaiPiacente Financial CommunicationsTel: +1 212 481 2050 / +86 10 6508 0677Email: xpeng@ For Media Enquiries: PR DepartmentXPeng pr@ Source: XPeng in to access your portfolio
Yahoo
13-02-2025
- Business
- Yahoo
Lenovo Named 2025 Dream Employer by Forbes
Employers were evaluated on growth opportunities, quality of work, compensation, and the organization's overall reputation. NORTHAMPTON, MA / / February 13, 2025 / Lenovo was recently included in the inaugural list of America's Dream Employers for 2025 by Forbes, in partnership with Statista. America's Dream Employers were selected based on an independent survey of university students as well as employees working over the last three years for enterprise organizations with more than 1,000 employees in the U.S., across all industries. Respondents evaluated employers on growth opportunities, quality of work, compensation, and the organization's overall reputation. This recognition is a testament to the inclusive culture, the purposeful approach, and the positive environment that Lenovo fosters for its more than 69,500 global employee base, operating in more than 180 markets around the world. Lenovo's Employee Resource Groups are an important differentiator, creating spaces for employees where communities of shared values harness the strength of Lenovo's diversity. Lenovo has received similar recognitions for being an employer of choice. In January 2024, employees voted Lenovo to be one of Glassdoor's Best Places to Work. In 2023, Forbes named Lenovo one of America's Best Employers for Diversity. Lenovo has also been celebrated as a best employer for disability inclusion and workplace equality. Learn more about what makes Lenovo a dream employer in its Environmental, Social and Governance Report. View additional multimedia and more ESG storytelling from Lenovo on Contact Info:Spokesperson: LenovoWebsite: info@ SOURCE: Lenovo View the original press release on ACCESS Newswire Sign in to access your portfolio
