Monthly Archives: April 2024

Johnson Controls Launches Sustainable Residential Products with Low-GWP Refrigerant

(IN BRIEF) Johnson Controls, a global leader in smart, healthy, and sustainable buildings, has introduced a new suite of residential products optimized for use with low-GWP refrigerant R-454B, aligning with upcoming regulations for reduced hydrofluorocarbon gases. This launch reflects Johnson … Read the full press release

Churchill Downs Incorporated Partners with SAP for Financial Technology Transformation

(IN BRIEF) SAP SE announced that Churchill Downs Incorporated (CDI) has selected the GROW with SAP solution to drive its financial technology transformation as it expands within the racing, online wagering, and gaming entertainment sectors. Leveraging cloud solutions from SAP, … Read the full press release

Fortum Commits to Ambitious Emissions Reduction Targets in Line with Climate Science

(IN BRIEF) Fortum, a leading clean energy provider, has completed the due diligence process after submitting an official commitment letter for the Science Based Targets initiative (SBTi). With a goal to align its emissions reduction targets with climate science, Fortum … Read the full press release

AstraZeneca’s Imfinzi Shows Promising Results in Phase III Trial for Small Cell Lung Cancer

(IN BRIEF) AstraZeneca announces positive outcomes from the ADRIATIC Phase III trial, revealing that its immunotherapy drug Imfinzi (durvalumab) demonstrated a significant improvement in overall survival (OS) and progression-free survival (PFS) among patients with limited-stage small cell lung cancer (LS-SCLC) … Read the full press release

Holcim Strengthens Latin American Presence with Tensolite Acquisition

(IN BRIEF) Holcim has announced the signing of an agreement to acquire Tensolite, a prominent manufacturer of precast and pre-stressed concrete construction systems with a strong foothold in fast-growing Latin American markets. Tensolite’s $22 million net sales in 2023 and … Read the full press release

SunMind Expands Renewable Energy Reach with SunWave Subsidiary

(IN BRIEF) SunMind, a subsidiary of VINCI Concessions specializing in renewable electricity production through photovoltaic power plants since 2022, is expanding its scope. With a focus on large-scale projects in new markets globally and supporting the solarization of VINCI Concessions’ … Read the full press release

Digi Communications N.V.: Digi Spain Enters Agreement to Sell FTTH Network to International Investors for Up to EUR 750 Million

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V., a European telecommunications leader, announces that its subsidiary in Spain, Digi Spain Telecom S.L.U., has entered into an asset sale and purchase agreement with Sota Investments Spain OpCo, S.L.U. The agreement entails the sale of … Read the full press release

Savills Announces Second Two-Day Auction, Showcasing Diverse Property Portfolio

(IN BRIEF) Savills is gearing up for its second two-day auction of the year on April 15th and 16th, in response to high demand for their online live-streamed auctions. The auction will feature a diverse catalog of 280 residential, commercial, … Read the full press release

Toby Anderdon Returns to Savills Sloane Street as Director, Bringing Wealth of Local Experience

(IN BRIEF) Toby Anderdon has rejoined Savills Sloane Street sales department as a director, bringing over a decade of experience in the Royal Borough of Kensington & Chelsea. Previously recognized as a ‘rising star’ by Spear’s 500 during his tenure … Read the full press release

Savills UK Reports Reduction in Gender Pay Gap, Increase in Ethnic Diversity Across Pay Quartiles

(IN BRIEF) Savills UK has released its 2023 gender and ethnicity pay gap report, showing a decrease in the mean gender hourly pay gap from 23.94% to 20.11% compared to the previous year. Additionally, there has been an increase in … Read the full press release

Outokumpu’s Annual General Meeting 2024 Ratifies Board Proposals and Charts Course for Growth

(IN BRIEF) Outokumpu Oyj’s Annual General Meeting held in Helsinki, Finland, endorsed all proposals by the Board of Directors and the Shareholders’ Nomination Board. The meeting approved financial statements, discharged liability for the Board and CEO for the year 2023, … Read the full press release

Outokumpu Oyj Establishes Board Committees and Appoints Members

(IN BRIEF) Outokumpu Oyj’s Board of Directors, at its inaugural meeting, has established two permanent committees: the Audit Committee and the Remuneration Committee. For the Audit Committee, Jyrki Mäki-Kala was elected as Chairman, with Päivi Luostarinen, Petter Söderström, and Julia … Read the full press release

EQT Enters Exclusive Talks to Acquire Ocea Group, Advancing Environmental Solutions in Energy Sector

(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release

EBRD, Meridiam, and Hassan Allam Utilities Join Forces to Propel Egypt’s Renewable Energy Agenda

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Meridiam and Hassan Allam Utilities (HAU) to establish HAU Energy BV, a platform aimed at investing in renewable energy projects primarily in Egypt and potentially across Africa. This … Read the full press release

EIB Provides €25 Million Financing to Wandercraft for Personal Exoskeleton Development

(IN BRIEF) French medtech company Wandercraft secures €25 million financing from the European Investment Bank (EIB) to advance the development of their groundbreaking Personal Exoskeleton. This innovative device, the first self-balancing exoskeleton designed for daily use by individuals with severe … Read the full press release

VELUX Group Honored with Sustainability Impact Award for CO2 Emission Reduction Efforts

(IN BRIEF) The VELUX Group was recently awarded the Sustainability Impact to My Enterprise Award by Schneider Electric for its exceptional work in reducing scope 1 and 2 CO2 emissions. Presented at a ceremony in Paris, the award recognizes VELUX’s … Read the full press release

VELUX Achieves 100% Renewable Electricity and Significant Emission Reductions in 2023 Sustainability Report

(IN BRIEF) In their recently launched 2023 Sustainability Report, VELUX showcased remarkable progress in reducing emissions and advancing sustainability initiatives. By securing 100% documented renewable electricity and cutting emissions from their own operations by 16% compared to 2022, VELUX is … Read the full press release

University of Helsinki Study Uncovers Pre-Industrial Atmosphere Insights from Finnish Peatland

(IN BRIEF) Researchers at the University of Helsinki’s Institute for Atmospheric and Earth System Research (INAR) conducted a study in Finland’s Siikaneva peatland, revealing significant insights into pre-industrial aerosol formation processes. The investigation highlighted the release of highly oxygenated organic … Read the full press release

Maersk Names Second Methanol-Enabled Vessel ‘Astrid Mærsk’ in Yokohama Ceremony

(IN BRIEF) In Yokohama, Japan, Maersk celebrated the naming ceremony of the “Astrid Mærsk,” the second of its 18 large methanol-enabled vessels, marking a significant step towards its net-zero targets. With Mrs. Liza Uchida, spouse of Nissan CEO Makoto Uchida, … Read the full press release

RWE Receives Major Milestone: Exclusive Licence for Offshore Wind Project in South Korea

(IN BRIEF) RWE, a global leader in renewable energy, has secured a significant achievement with the award of a 495-megawatt Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea for the development of the Seohae … Read the full press release