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Business Wire
2 days ago
- Business
- Business Wire
Aptar Releases 2024 Corporate Sustainability Report
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, today released its 2024 Corporate Sustainability Report entitled Progress Takes Shape. Aptar's report highlights key milestones of its global sustainability strategy across the company's global operations focused on three key pillars: Aptar's continued progress in 2024 highlights how our deep-rooted commitment to sustainability serves as a strategic differentiator in the market. Care - operating with care for employees, communities and the environment by aiming to continuously improve our impact and reducing our footprint; Collaboration - innovating alongside customers, suppliers, industry coalitions and nonprofits to help enable progress toward their goals – as well as for better outcomes for people and our planet; and Circularity - helping the industry advance system-scale change intended to benefit people today and for generations to come by addressing climate change and the waste crisis. 'Aptar's continued progress in 2024 highlights how our deep-rooted commitment to sustainability serves as a strategic differentiator in the market. Integrating sustainable practices into our operations and innovative solutions we provide, not only helps to reduce environmental impact but also helps to strengthen our competitive edge. We believe that this approach enhances our value to global brands and fortifies the trust placed in us by stakeholders. I am proud of our dedicated employees worldwide who are accelerating meaningful change and shaping a more sustainable, resilient and forward-thinking future,' said Stephan B. Tanda, Aptar President and CEO. Aptar has made progress advancing key areas of its global sustainability strategy. Highlights from Aptar's Sustainability Report include: At year-end, 97.5% of electricity was from renewable sources. Entering into renewable supply agreements in Europe and North America reinforces our commitment to sustainability and reducing greenhouse gas (GHG) emissions and provides a more localized source of renewable energy dedicated to Aptar. 86% of operational waste avoided disposal to landfill through reuse, recycling and recovery and over 60% of Aptar's sites have earned Landfill Free Certification through our internal program. Partnering with the Ellen MacArthur Foundation, the World Business Council for Sustainable Development, and others, we continue to focus on circularity by increasing recycled resin content and aiming towards 100% recyclable, reusable, or compostable solutions across personal care, beauty, home care and food and beverage. In addition, we are working towards more responsible products through collaboration with suppliers and partners. Working to provide a robust safety, health and wellness program for our employees along with numerous learning and development opportunities for employees at all career levels. Supporting the communities where we live and work through donations and participation in local charitable events alongside supporting women's economic empowerment and emergency campaigns for Aptar's global signatory organization, CARE ®. 'Our stakeholders expect transparency, accountability and action and Aptar is working to deliver by partnering with customers, suppliers, non-profits, and industry leaders to drive innovative solutions that benefit both people and the planet. We see sustainability as a business imperative and together, we aim to create a measurable impact,' stated Beth Holland, Aptar's Chief Sustainability Officer. Aptar's 2024 Corporate Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards. Aptar obtained 'reasonable' external assurance from SGS do Brasil Ltda for our Scope 1 and 2 emissions and 'limited' external assurance for Scope 3 GHG emissions from a third party, in compliance with ISO 14064-1 Greenhouse Gas Emissions (Categories 1-6) accounting. To minimize paper waste, Aptar encourages readers to view the 2024 Corporate Sustainability Report digitally on our website under the ESG Reporting Center. About Aptar Aptar is a global leader in drug and consumer product dosing, dispensing and protection technologies. Aptar serves a number of attractive end markets including pharmaceutical, beauty, food, beverage, personal care and home care. Using market expertise, proprietary design, engineering and science to create innovative solutions for many of the world's leading brands, Aptar in turn makes a meaningful difference in the lives, looks, health and homes of millions of patients and consumers around the world. Aptar is headquartered in Crystal Lake, Illinois and has over 13,000 dedicated employees in 20 countries. For more information, visit This press release contains forward-looking statements, such as statements regarding our sustainability targets, including our climate and other environmental-related commitments and renewable energy targets and operational strategies. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by use of words such as 'expects,' 'anticipates,' 'believes,' 'estimates,' 'future,' 'potential,' 'continues' and other similar expressions or future or conditional verbs such as 'will,' 'should,' 'would' and 'could' are intended to identify such forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based on our beliefs as well as assumptions made by and information currently available to us. There is no guarantee that these 'forward-looking statements' will happen due to a number of factors, including assumptions not being realized, scientific or technological developments, evolving sustainability strategies, evolving legal and regulatory requirements, our expansion into new geographic regions, and potentially, those set forth in the 'Risk Factors' section of our most recent Annual Report on Form 10-K and subsequent filings. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
Yahoo
2 days ago
- Business
- Yahoo
Trane Technologies Delivers Leading Business and Sustainability Performance by Reducing Customers' Energy Use and Carbon Emissions
Sustainability Report highlights reduction of 237 million metric tons of customers' carbon emissions and 44% reduction in operational emissions since 2019 SWORDS, IE / / May 29, 2025 / Trane Technologies (NYSE:TT), a global climate innovator, is continuing to set the pace for decarbonizing buildings, industry and the cold chain by reducing energy use and carbon emissions for customers and in its own operations - while consistently delivering leading business and sustainability performance. Trane Technologies' 2024 Sustainability Report highlights the company's consistent execution, focused sustainability strategy and continued investment in innovation. "We continue to advance sustainability by reducing energy use and emissions through our innovative thermal management systems, electrification and digital enablement for our customers and in our own operations," said Dave Regnery, chair and CEO of Trane Technologies. "Our customer solutions are green for green - good for the planet, and good for our customers' bottom line." Trane Technologies has reduced customer carbon emissions by 237 million metric tons since 2019, on track to meet its Gigaton Challenge goal to reduce one gigaton (or, one billion metric tons) of customer carbon emissions by 2030. In 2024, the company launched 190 new products including a significant portfolio refresh with lower global warming potential (GWP) refrigerants. With high customer demand for sustainable solutions, the company delivered a fourth consecutive year of more than 20% adjusted EPS growth. "We're setting the standard for what's possible in sustainable innovation. While demand for our sustainable solutions and manufacturing needs have increased, we've simultaneously reduced carbon emissions and environmental impacts in our operations," said Mauro Atalla, Chief Technology & Sustainability Officer of Trane Technologies. "We are proving that by embedding sustainability into our purpose, strategy and culture, it is possible to be a growth company, meet ambitious sustainability commitments and add value to customers by helping them meet their goals." Trane Technologies' 2024 Sustainability Report includes a comprehensive set of data, aligned with leading sustainability frameworks, that showcases how centering sustainability in business generates positive outcomes for customers, investors, employees and society. Notable advancements made in 2024 toward Trane Technologies' 2030 Sustainability Commitments include (compared to 2019 baseline unless otherwise noted): Gigaton Challenge: Reduced 237 million metric tons of carbon - equivalent to the emissions generated from using nearly 27 billion gallons of gasoline - toward the Gigaton Challenge, a pledge to reduce one billion metric tons of carbon from product use emissions by 2030. Carbon Neutrality: Reduced operational emissions by 44%, on track toward reaching science-based target of 50% reduction by 2030. Absolute Energy: Reduced absolute energy use by 3.2% toward 10% goal, even as manufacturing and production demands increased in support of company growth. Renewable Energy*: Met global operational electricity demands with 68% renewable energy sources. Water and Waste: Reduced total water usage by 49% and by 27% at facilities in water-stressed regions and achieved zero waste to landfill at 80% of global manufacturing sites. Embodied Carbon: In 2024, announced an industry-first, precedent-setting commitment to reduce embodied carbon in our products by 40% by 2030. Culture and Workforce Development*: Achieved employee engagement score of 82 (out of 100), ranking in the top quartile among benchmarked companies. Increased participation in tuition advancement program by 28% compared to prior year with nearly 600 global employees receiving an aggregate value of $2.5 million dollars in tuition assistance. Volunteerism: Completed more than 92,000 employee volunteer hours*, totaling more than 329,000 total volunteer hours since 2019. A series of prominent awards, ratings and listings also recognized Trane Technologies for its industry-leading sustainability performance and company culture: Dow Jones Sustainability Index (14th consecutive year listed on North America Index, 4th consecutive year on World Index) Just Capital's JUST 100 List (ranked 1st in Buildings Materials & Construction industry and 6th overall) CDP Climate Change 'A' List (3rd consecutive year) Corporate Knights (ranked 26th on the 2025 Global 100) Ethisphere® Institute's World's Most Ethical Companies (2nd consecutive year) Fortune's World's Most Admired Companies (13th consecutive year) Alongside its Sustainability Report, Trane Technologies published its Climate Transition Plan that outlines the company's forward-looking climate strategy, including its plans for managing physical and transition climate risks and opportunities, reducing carbon emissions in alignment with international climate agreements and preparing for future policy, market and technological changes. To read Trane Technologies' full 2024 Sustainability Report, visit About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit This news release includes "forward-looking statements" within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our 2030 Sustainability Commitments; our pathway to net-zero by 2050; our sustainability targets, goals, commitments and programs and their anticipated impacts; our product and service innovations; and other business plans, initiatives and objectives. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2024, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements. * Calendar year 2024 metric View additional multimedia and more ESG storytelling from Trane Technologies on Contact Info: Spokesperson: Trane TechnologiesWebsite: info@ SOURCE: Trane Technologies View the original press release on ACCESS Newswire Sign in to access your portfolio
Associated Press
2 days ago
- Business
- Associated Press
Trane Technologies Delivers Leading Business and Sustainability Performance by Reducing Customers' Energy Use and Carbon Emissions
SWORDS, Ireland, May 29, 2025 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, is continuing to set the pace for decarbonizing buildings, industry and the cold chain by reducing energy use and carbon emissions for customers and in its own operations – while consistently delivering leading business and sustainability performance. Trane Technologies' 2024 Sustainability Report highlights the company's consistent execution, focused sustainability strategy and continued investment in innovation. 'We continue to advance sustainability by reducing energy use and emissions through our innovative thermal management systems, electrification and digital enablement for our customers and in our own operations,' said Dave Regnery, chair and CEO of Trane Technologies. 'Our customer solutions are green for green – good for the planet, and good for our customers' bottom line.' Trane Technologies has reduced customer carbon emissions by 237 million metric tons since 2019, on track to meet its Gigaton Challenge goal to reduce one gigaton (or, one billion metric tons) of customer carbon emissions by 2030. In 2024, the company launched 190 new products including a significant portfolio refresh with lower global warming potential (GWP) refrigerants. With high customer demand for sustainable solutions, the company delivered a fourth consecutive year of more than 20% adjusted EPS growth. 'We're setting the standard for what's possible in sustainable innovation. While demand for our sustainable solutions and manufacturing needs have increased, we've simultaneously reduced carbon emissions and environmental impacts in our operations,' said Mauro Atalla, Chief Technology & Sustainability Officer of Trane Technologies. 'We are proving that by embedding sustainability into our purpose, strategy and culture, it is possible to be a growth company, meet ambitious sustainability commitments and add value to customers by helping them meet their goals.' Trane Technologies' 2024 Sustainability Report includes a comprehensive set of data, aligned with leading sustainability frameworks, that showcases how centering sustainability in business generates positive outcomes for customers, investors, employees and society. Notable advancements made in 2024 toward Trane Technologies' 2030 Sustainability Commitments include (compared to 2019 baseline unless otherwise noted): A series of prominent awards, ratings and listings also recognized Trane Technologies for its industry-leading sustainability performance and company culture: Alongside its Sustainability Report, Trane Technologies published its Climate Transition Plan that outlines the company's forward-looking climate strategy, including its plans for managing physical and transition climate risks and opportunities, reducing carbon emissions in alignment with international climate agreements and preparing for future policy, market and technological changes. To read Trane Technologies' full 2024 Sustainability Report, visit About Trane TechnologiesTrane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit This news release includes 'forward-looking statements' within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our 2030 Sustainability Commitments; our pathway to net-zero by 2050; our sustainability targets, goals, commitments and programs and their anticipated impacts; our product and service innovations; and other business plans, initiatives and objectives. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2024, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements. * Calendar year 2024 metric
Kuwait Times
3 days ago
- Business
- Kuwait Times
Celebrating a year of leading with purpose and pioneering sustainability in finance
KUWAIT: In line with its pioneering role and institutional commitment to embedding sustainability across all aspects of its operations, National Bank of Kuwait (NBK) released its ninth annual Sustainability Report for 2024. The report outlines the Bank's most prominent ESG-related achievements and contributions over the past year, reinforcing its dedication to sustainable growth. The report outlines the strategic ESG initiatives undertaken in 2024, highlighting NBK's continued efforts to tackle key sustainability challenges, explore emerging opportunities, and build on the sustainability journey it began in 2016. It also demonstrates the Bank's progress in embedding climate risk into its enterprise risk management framework. Providing a comprehensive overview of NBK's strategic sustainability roadmap, the report reflects the Bank's ambition to create a lasting positive impact on the communities it serves, while fostering long-term growth and operational resilience. The report is structured around four main ESG pillars—Governance for Resilience, Responsible Banking, Capitalizing on Our Capabilities, and Investing in Our Communities—each encompassing key issues, milestones, and initiatives undertaken in 2024. Governance for Resilience The report pointed out that NBK made significant strides in 2024 in strengthening governance for resilience as part of its ESG strategy. It highlighted NBK's role as a pioneer in advancing sustainability, becoming the first financial institution in Kuwait—and one of only 15 in the MENA region to join the Partnership for Carbon Accounting Financials (PCAF). This global initiative provides financial institutions with standardized methodologies to measure and disclose greenhouse gas emissions associated with their portfolios across all asset classes, including lending and investment activities such as listed equities and bonds, corporate loans, private equity, project finance, commercial real estate, mortgages, auto loans, guarantees, and sovereign debt. The report also noted that in 2024, NBK continued its engagement with the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative, which it joined in 2023. As part of this alliance, NBK submitted its first progress report in 2024, affirming its commitment to transparency and responsible business practices that support the sustainable development of Kuwait's economy. Furthermore, it emphasized that 2024 marked the release of NBK's first report aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework. As part of its continued progress toward a more sustainable future, the report noted that NBK developed and implemented a comprehensive bank-wide Environmental and Social Risk Management (ESRM) framework in 2024. This milestone reflects the Bank's commitment to embedding climate governance at the core of its operations, strengthening its ability to anticipate and manage emerging environmental risks. Additionally, NBK developed an ESG scorecard that supports the assessment and integration of ESG criteria into the credit rating process for both existing and new corporate clients. Responsible banking With regard to the Bank's achievements under the second pillar of its ESG strategy—Responsible Banking—the report highlighted that the value of NBK's sustainable assets reached $4.97 billion by the end of 2024, representing nearly 50 percent of its $10 billion target set for 2030. The report also noted a key milestone in 2024: the successful issuance of NBK's first green bonds, valued at $500 million. Issued under the Global Medium-Term Note Program as senior unsecured green bonds with a six-year maturity and a call date after five years, this marked the first issuance of its kind by a Kuwaiti financial institution. NBK recently published its first Green Bond Allocation and Impact report, highlighting the environmental benefits of the bonds' proceeds. Moreover, the report emphasized that this significant milestone reflects NBK's broader vision to lead the transition toward a low-carbon economy, promote sustainable finance across the region, and channel capital into climate-resilient infrastructure. It also revealed that in 2024, NBK Group extended sustainable loans totaling $2.52 billion to clients with environmental and/or social impact. The report noted the continued expansion of green product offerings, including electric vehicle loans and low-emission housing loans, alongside ongoing efforts to explore further environmental financing opportunities under the Bank's sustainable financing framework. The report noted that in 2024, NBK took a significant step toward quantifying financed emissions under Scope 3 - emissions that originate from activities outside the Bank's direct operations but are associated with its value chain, such as supply chains, transportation, and other indirect sources, but most importantly, its financing activity. This development enhances the Bank's ability to manage the broader climate impact of its financing decisions. According to the report, NBK completed the installation of solar panels across 18 of its local branches in 2024 as part of efforts to make its operations more sustainable and reduce its carbon footprint. The initiative aligns with Kuwait's Vision 2035, with plans to extend coverage to 24 branches by 2025. It also highlighted NBK's progress in minimizing its environmental footprint and enhancing resource efficiency, noting a 28.30 percent reduction in total greenhouse gas emissions compared to the 2021 baseline—surpassing its interim 2025 emissions reduction target ahead of schedule. Additionally, the report explained that in 2024, the bank successfully reduced its electrical energy consumption by approximately 389,914 kWh, cut water usage by 20.85 percent compared to the previous year, and recycled 86 percent of the total paper used during the year. This reflects the Bank's ongoing efforts in line with its long-term ambition to reach carbon neutrality by 2060. The report highlighted that in 2024, NBK introduced a sustainable procurement framework designed to promote environmentally and socially responsible sourcing across its supply chain. The initiative integrates ESG considerations into the Bank's procurement policy and includes the rollout of an updated supplier code of conduct that embeds environmental and social standards, requiring all suppliers to sign a declaration affirming their commitment to ESG principles and human rights. Capitalizing on our capabilities Covering the third pillar of its ESG strategy—Capitalizing on Our Capabilities—the report stated that NBK advanced its sustainability efforts in 2024 by reinforcing equal opportunity in the workplace. This included finalizing its Diversity, Equity, and Inclusion (DE&I) statement, underscoring the Bank's commitment to fostering an inclusive and equitable work environment. The report explained that in 2024, the Bank launched several strategic initiatives and specialized programs aimed at supporting and developing women leaders, contributing to a notable increase in the number of women in leadership and supervisory roles across all levels. It noted that women represented 43.2 percent of NBK's workforce by the end of the year, with 27.4 percent holding senior management positions. Additionally, women accounted for 28.8 percent of the Bank's workforce in science, technology, engineering, and mathematics (STEM) fields, out of a total of 347 specialized employees. The report highlighted that, through its digital transformation strategy, NBK successfully delivered a range of customer-centric digital solutions and large-scale projects in 2024. It noted the launch of over 90 new features and enhancements via the NBK Mobile Banking App, aimed at improving user experience, strengthening security and payment capabilities, and broadening the Bank's suite of innovative digital offerings — all designed to save customers time and effort. It stated that Weyay Bank, NBK's digital arm, launched impactful ESG initiatives in 2024 aimed at enabling customers to experience a more responsible and innovative digital banking model. It also underscored NBK's continued investment in the professional development of its workforce, highlighting a comprehensive suite of mandatory, leadership, and specialized training programs designed to enhance both personal and professional competencies across all levels of the organization. The report emphasized the Bank's ongoing commitment to empowering young national talent through various initiatives, most notably NBK Academy and NBK Tech Academy. Touching on NBK's strategy to strengthen women's leadership across the organization, the country, the region, and globally, the report stated that the Bank launched the second edition of the NBK RISE program in 2024. As the first initiative of its kind in Kuwait, the program is designed to support women leaders, empower their advancement, and prepare them to assume top executive roles. The report also highlighted NBK's ongoing commitment to investing in human capital. In 2024, the Bank signed an exclusive cooperation agreement with Coaches Circle Academy, based in Vancouver, Canada, to enhance the leadership and coaching capabilities of NBK's senior executives. As part of this initiative, a select group of senior employees participated in advanced leadership development programs in collaboration with IE Business School in Madrid, to cultivate and elevate the skills of the broader workforce. Investing in our communities The report affirmed that, in line with the fourth pillar of NBK's ESG strategy — Investing in Our Communities — the Bank remained committed in 2024 to delivering exceptional service, safeguarding customer interests, and protecting their rights. It also continued to promote financial inclusion, expand access to banking services, and elevate financial literacy across all segments of society. Furthermore, the report explained that, reinforcing its position as the leading contributor to social responsibility in Kuwait, NBK's total community investments reached KD 30 million in 2024 — a 9 percent increase from 2023. It added that, as part of its continued support for entrepreneurs in Kuwait, the Bank extended loans to SMEs totaling KD 25.04 million last year, reflecting a 23.5 percent year-on-year growth. The report noted that the Kuwaitization rate at NBK – Kuwait reached 78 percent in 2024, aligning with the requirements set by the Central Bank of Kuwait (CBK). This was achieved through targeted initiatives aimed at attracting and developing local talent. It underscored that NBK's Kuwaitization strategy is designed to broaden the recruitment of national talent and sustain their retention over the long term. It also indicated that, as part of the Bank's ongoing commitment to community development—particularly in the field of education—interest in the Bankee program has continued to grow. This flagship initiative, aimed at enhancing financial awareness and literacy among school students in Kuwait, saw the participation of 61 schools, 7,230 teachers, and 32,257 students during the 2024–2025 academic year, building on the remarkable success achieved in the previous year. The report stated that, during 2024, NBK maintained its sponsorship of Kuwait Dive Team to support initiatives aimed at preserving Kuwait's coastal and marine ecosystems. It also renewed its partnership with Omniya for waste removal and management, which contributed to a reduction of 462.5 tons in carbon dioxide emissions. Additionally, the Bank extended its collaboration with the LOYAC Foundation to continue developing programs and events that empower youth, foster entrepreneurship, and promote environmental responsibility. The report highlighted that the Bank continues to actively use its social media channels to educate customers on a wide range of topics. In 2024, NBK issued 2,320 social media posts and 42 press releases to boost customer awareness of banking products and services. The report also emphasized the Bank's ongoing strong support and participation in CBK's 'Let's Be Aware' campaign, which aims to promote financial literacy across all segments of society. A customer satisfaction rate of 90 percent was highlighted in the 2024 report, underscoring NBK's ongoing efforts to enhance its services and products, introduce innovative solutions, and solidify its standing as a leader in the banking sector. Agreements & partnerships The report highlighted NBK's participation in the 2024 Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) held in Baku, Azerbaijan, underscoring the Bank's commitment to supporting the transition to a sustainable, low-carbon economy in alignment with Kuwait's comprehensive sustainability vision and global climate action efforts. It also noted NBK's involvement in the sixteenth session of the Conference of the Parties (COP16) of the United Nations Convention to Combat Desertification (UNCCD) that took place in Riyadh, Saudi Arabia, where global strategies to address desertification and land degradation were discussed. 1. NBK becomes the first bank in Kuwait to join the PCAF initiative to support greenhouse gas emissions reduction 2. First Kuwaiti financial institution to issue green bonds 3. Developed and began implementing an Environmental and Social Risk Management (ESRM) framework 4. Introduced a sustainable procurement strategy and updated its supplier code of conduct 5. Published first report aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework 6. Launched Diversity, Equity and Inclusion (DE&I) Statement to reinforce equal opportunities in the workplace 7. Measuring financed emissions under Scope 3 leads to better manage the climate impact of its lending portfolio 8. Sustainable assets reached US$4.97 billion, nearly 50% of the Bank's 2030 target 9. Provided US$2.52 billion in sustainable loans in 2024 to clients with positive environmental or social impact 10. Achieved a 28.3% reduction in total GHG emissions compared to the 2021 baseline, subsequently achieving its 2025 interim emissions reduction target 11. Achieved 389,914 kWh in electricity savings and lowered water consumption by 20.85% year-on-year 12. Recycled 86% of total paper consumed in 2024 13. Installed solar panels in 18 branches across Kuwait during the year, with more installations planned in the future. 14. Maintains a national workforce with 78% Kuwaiti employees 15. Women hold 27.4% of senior management roles at the bank 16. Employs 347 STEM professionals, 28.8% of whom are women 17. Contributed KD 30 million in community investments during 2024, reflecting 9% year-on-year growth 18. Engaged with 61 Schools, +32,000 students and +7,200 teachers as part of its Bankee financial literacy program
Time of India
3 days ago
- Business
- Time of India
BluPine Energy reports 740,510 MWh of renewable generation in FY24
Mumbai: BluPine Energy , an Actis-backed renewable energy platform, on Wednesday today said it has generated over 740,510 MWh of clean energy and avoided 673,864 tonnes of CO₂e emissions in FY24. The company disclosed this in its first-ever Sustainability Report . 'As a company just three years young, we are embedding sustainability into our DNA from the outset… Our goal is to grow our operational clean energy capacity by over three times in the next three years,' said Neerav Nanavaty, chief executive officer, BluPine Energy. Sumit Barat, Chief Sustainability Officer, BluPine Energy said that by integrating ESG considerations into asset planning, procurement, and operations, the company is building a renewable energy platform that is not only scalable but future resilient. According to the official press release, the company has a portfolio of about 3 GW spanning solar, wind, and hybrid projects.
