Latest news with #ESG
Al Etihad
2 hours ago
- Business
- Al Etihad
ESG reports strong H1 2025 growth as profit and revenue rise 11%
25 July 2025 20:24 ABU DHABI (ALETIHAD)Emirates Stallions Group, a subsidiary of International Holding Company (IHC) and an ADX-listed company, posted robust results for the first half of 2025, with operational profit before tax increasing by 11% year-on-year to Dh131.77 million, and revenue also climbing 11% to Dh709.99 Group maintained a strong financial position, with shareholders' equity rising 7% since the end of December 2024 to Dh2.674 billion. The book value per share increased to Dh10.70, underlining the company's focus on delivering long-term shareholder value. Total assets as of 30 June stood at Dh3.8 on the performance, Matar Suhail Al Yabhouni Al Dhaheri, Chairman of ESG, said: 'These results reflect our continued positive momentum and reinforce our position as a reliable and forward-looking player across our sectors. We remain committed to executing impactful growth strategies focused on innovation, empowering our teams, and expanding both locally and regionally.'ESG's Chief Executive Officer, Kayed Ali Khorma, highlighted the company's progress in implementing its strategic vision: 'We continue translating our vision into tangible achievements through measured expansion, enhanced integration across our businesses, and investments in our operational and production capabilities. These initiatives support our sustainable growth ambitions and position us to capitalise on future opportunities across the markets we serve.'During the quarter, ESG advanced key strategic initiatives aligned with its long-term outlook. These included the launch of a dedicated platform that brings together specialised real estate development units, the signing of new strategic partnerships for premium residential projects, and regional expansion through new branch openings and added production capacity to meet rising demand in the GCC. Established in 2008 and headquartered in Abu Dhabi, ESG operates in over 20 countries across the Middle East, Asia, Africa, Europe, and the Americas. Its diversified business spans workforce solutions, real estate development, engineering project management, agriculture and landscaping, and design and interiors manufacturing. The Group continues to play a central role in supporting the UAE's economic diversification and infrastructure development. Source: Aletihad - Abu Dhabi
Yahoo
2 hours ago
- Business
- Yahoo
Full Truck Alliance (YMM) Released its 2024 ESG Report
Full Truck Alliance Co. Ltd. (NYSE:YMM) is one of the . On July 15, Full Truck Alliance Co. Ltd. (NYSE:YMM) released its 2024 ESG report, highlighting several sustainability measures. The company advanced its Green Freight Operations by using smart freight-matching tech to lower carbon emissions. The rate of inefficiency dropped from 38.97% in 2020 to 34.92% in 2024. As a result, the improvements cut around 32 million tons of CO2 and brought around RMB83 billion in economic value. A view of an open cargo shipping yard, highlighting the companies freight listing services. Moreover, Full Truck Alliance Co. Ltd. (NYSE:YMM) also improved safety and operational standards through new management systems and strict controls. It achieved a 100% complaint resolution rate and 90.35% satisfaction rate after resolution. The company also launched 12 safety courses with 780,000 participants and gave truckers better legal support. Full Truck Alliance Co. Ltd. (NYSE:YMM) operates a digital freight platform in China. The company connects shippers with truckers to facilitate the movement of goods. While we acknowledge the potential of YMM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error 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
Business Wire
3 hours ago
- Business
- Business Wire
Asia-Pacific Data Center Dielectric Fluid Market Analysis and Forecast Report 2024-2034
DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Data Center Dielectric Fluid Market: Focus on Application, Fluid Type, Solution Type, and Country-Level Analysis - Analysis and Forecast, 2024-2034" report has been added to offering. The Asia-Pacific data center dielectric fluid market (excluding China) was valued at $34.13 million in 2024 and is projected to grow at a CAGR of 29.12%, reaching $439.42 million by 2034. Growing environmental concerns and the need for sustainable and energy-efficient cooling solutions for data centres are driving market expansion in the APAC region. Adoption is speeding up due to advancements in dielectric fluid technology and enhanced system performance. Furthermore, the transition to high-performance and environmentally friendly cooling systems is being fuelled by smart industrial partnerships and strict regional laws. The market is still developing with a strong emphasis on innovation and sustainability as the region's digital infrastructure grows, helping APAC make the shift to more environmentally friendly data centre operations. Leading the way in this change are nations like China, India, Japan, Singapore, and South Korea, driven by investments in hyperscale data centres, government sustainability regulations, and rising demand for cloud computing. Dielectric fluids are becoming more and more appealing due to technological advancements in fluid formulations, such as synthetic esters and eco-friendly substitutes. Strategic alliances between fluid suppliers, equipment makers, and data centre operators are also influencing the sector. Nevertheless, there are still issues, such as large upfront investment costs, a lack of uniformity, and regional variations in regulations. Notwithstanding these obstacles, the demand for scalable cooling solutions in next-generation data centres and the region's move towards greener, more efficient digital ecosystems are expected to propel the APAC dielectric fluid market's steady growth. APAC Data Center Dielectric fluid Market Trends, Drivers and Challenges Market Trends Rising adoption of liquid and immersion cooling technologies in hyperscale and edge data centers Increased demand for biodegradable and non-toxic dielectric fluids aligned with ESG goals Technological advancements in synthetic ester and fluorinated fluid formulations offering improved thermal stability and longevity Growing deployment of two-phase immersion cooling systems for high-density computing workloads (e.g., AI, HPC) Regional expansion of local dielectric fluid manufacturers and custom fluid solutions Integration of smart fluid monitoring systems to track performance and degradation in real-time Market Drivers Surge in digital infrastructure investments across APAC (e.g., India, China, Singapore) Stricter energy efficiency and PUE targets imposed by governments and green data center regulations Growing heat densities from AI, blockchain, and 5G computing workloads demanding advanced cooling Sustainability initiatives pushing data center operators to adopt eco-friendly cooling alternatives Strategic partnerships between fluid suppliers, data center OEMs, and cloud providers accelerating technology adoption Rising awareness of total cost of ownership (TCO) benefits over air and water cooling systems Market Challenges High upfront costs of dielectric fluids and retrofitting legacy systems Limited standardization and certification frameworks specific to dielectric fluid use in APAC Supply chain constraints for specialty chemicals and base fluids Lack of skilled workforce familiar with liquid cooling system design and maintenance Environmental disposal and recycling complexities, especially for synthetic and fluorinated fluids Compatibility concerns with various IT and electrical hardware components Key Attributes: Report Attribute Details No. of Pages 65 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $34.13 Million Forecasted Market Value (USD) by 2034 $439.42 Million Compound Annual Growth Rate 29.1% Regions Covered Asia Pacific Expand Key Topics Covered: 1 Markets 1.1 Data Center Dielectric Fluid Market: Current and Future 1.1.1 Integration with Renewable Energy Solutions 1.1.2 Advancements in Dielectric Fluid Formulations 1.2 Supply Chain Overview 1.3 Market Dynamics: Overview 1.3.1 Market Drivers 1.3.1.1 Increasing Focus on Retrofitting and Brownfield Projects 1.3.1.2 Rising Enterprise Adoption of Data Center GPUs for High-Performance Computing Applications 1.3.2 Market Restraints 1.3.2.1 Elevated Increased Costs Arising from System Failures and Fluid Leaks 1.3.2.2 Negative Environmental Concerns about Fluorocarbons 1.3.3 Market Opportunities 1.3.3.1 Government Support for Smart City Development and Digitalization 1.3.3.2 Advancements in 5G and 6G Technologies 1.3.3.3 Emerging Growth Potential for Edge Computing and Increasing Penetration Rate of the Internet of Things (IoT) and Cloud Services 1.4 Ecosystem and Ongoing Programs 1.4.1 Associations and Consortiums 1.4.2 Government Programs and Initiatives Landscape 1.4.2.1 Asia-Pacific 1.4.2.2 China 2 Regions 2.1 Data Center Dielectric Fluid Market (by Region) 3 Markets- Competitive Benchmarking and Companies Profiled 3.1 Next Frontiers 3.2 Competitive Benchmarking 3.3 Company Profiles 3.3.1 ENEOS Corporation 3.3.1.1 Overview 3.3.1.2 Top Products/Product Portfolio 3.3.1.3 Top Competitors 3.3.1.4 End-Use Applications 3.3.1.5 Key Personnel 3.3.1.6 Analyst View 3.3.1.7 Market Share For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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Business Standard
3 hours ago
- Business
- Business Standard
DFS Secy Nagaraju seeks insurance brokers' help to boost coverage in India
The Department of Financial Services Secretary, M Nagaraju, on Friday urged insurance brokers to participate actively in state-level and sub-level insurance programs to raise awareness and increase insurance penetration in the country. Speaking at the 25th Foundation Day of the Insurance Brokers Association of India (IBAI), Nagaraju said, 'We need your active participation in state-level and sub-level insurance programs. There is vast uncapped potential in tier-2 and tier-3 cities, agricultural and rural zones, in unorganised sectors, and among small businesses." He stated that insurance brokers can help increase awareness about the importance of insurance among remote and low-income populations. They can also play a crucial role in building trust between insurers and the insured by acting as transparent advisors, simplifying product dissemination, and supporting the capacity building of local intermediaries. 'In addition, the intermediaries support government-led insurance schemes, whether in agriculture, health, or credit, with better design, training, and implementation support,' Nagaraju said. He also noted that the insurance brokerage sector is a significant generator of employment, both directly and indirectly, with thousands of professional support staff, underwriters, claim handlers, IT specialists, and marketing personnel employed or supported by the broker ecosystem. 'When brokers thrive, it creates employment across the service economy, including legal, technical, and financial advisory services. This employment impact must be nurtured and expanded through skill development, certification, and digital inclusion.' While commending the thought-provoking activities of insurance brokers, Nagaraju said that going forward, he would encourage brokers to use these channels to focus on emerging issues such as cybersecurity, cyber risk, ESG compliance, and disaster resilience in order to develop proactive pre-loss strategies for national resilience.
Mid East Info
6 hours ago
- Business
- Mid East Info
Dubai Chamber of Commerce awarded ‘Plan to Action: Year of Sustainability Seal'
Chamber achieves prestigious recognition for its role in promoting sustainability Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has been awarded the 'Plan to Action: Year of Sustainability Seal.' The award comes in recognition of the chamber's pioneering role in advancing sustainability values and driving positive impact, in line with the UAE's vision to build a more sustainable future. The chamber received the seal for the Dubai Chamber of Commerce Environmental, Social, and Governance ESG Label initiative, which was launched last year by the chamber's Centre for Responsible Business. The initiative is designed to support companies and organisations in assessing their readiness and maturity in adopting ESG standards while recognising their efforts to promote sustainable growth. The Dubai Chamber of Commerce ESG Label is designed to encourage the business community to adopt and develop practices that have a positive impact on society and the environment, as well as promote good governance, by recognising participants' efforts to advance sustainability. It acknowledges companies' efforts to support sustainability and motivates broader adoption of ESG practices. Organisations of all sizes that have been established for at least two years are eligible to apply. Companies that successfully apply for the label will benefit from alignment with ESG best practices, enhanced brand image and reputation, and added value for potential investors. The framework promotes ESG ownership within organisations by benchmarking ESG practices against key parameters and peer companies in the region and globally. Participating organisations receive a feedback report highlighting any areas for improvement, together with a maturity level score based on their overall ESG rating. As part of the label's development process, a thorough assessment was conducted by globally recognised ESG experts, which examined global and regional regulatory landscapes and reporting frameworks to identify the critical factors in determining an organisation's ESG maturity. The business community was also consulted during the development phase to help shape the framework, which is aligned with global best practices and meets the local and international baseline for ESG reporting and preparedness. ESG has emerged as a strategic priority for organisations of all sizes, creating a need for companies to integrate sustainability goals into their core business practices and operations. This includes adopting transparent reporting standards, reducing environmental impact, enhancing social responsibility initiatives, and ensuring governance practices align with ethical principles. Dubai Chamber of Commerce's Centre for Responsible Business plays a pivotal role in promoting responsible and sustainable business practices in the emirate and is committed to supporting and motivating companies to adopt best practices in ESG to enhance their performance, increase competitiveness, and enrich their social and environmental contributions. The centre provides a range of platforms and tools, as well as access to knowledge and expertise, to help companies embed governance, sustainability, and social responsibility throughout their operations.
