Impact

Environmental, Social, and Governance (ESG) Framework for Commercial Aviation, 2024 Research Report: Factors Influencing Adoption and Methods Being Applied to Monitor Implementation - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 10, 2024

This study identifies the factors driving and restraining the adoption of ESG parameters in the commercial aviation industry.

Key Points: 
  • This study identifies the factors driving and restraining the adoption of ESG parameters in the commercial aviation industry.
  • It analyzes the methods being applied to monitor the implementation of ESG practices and the measures being taken to improve upon the existing standards.
  • This report offers insights into the environmental, social, and governance (ESG) framework in the commercial aviation industry.
  • The Impact of the Top 3 Strategic Imperatives on the Environmental, Social, and Governance (ESG) Framework in the Commercial Aviation Industry

Driving Impact with AI: Brian Impact Foundation Joins AVPN Global Conference 2024

Retrieved on: 
Friday, April 26, 2024

Brian Impact attends Asian Venture Philanthropy Network Global Conference 2024 to discuss foundation's AI-powered assistance system, 'BEES (Benevolence Enhancing Expert System)'

Key Points: 
  • Brian Impact attends Asian Venture Philanthropy Network Global Conference 2024 to discuss foundation's AI-powered assistance system, 'BEES (Benevolence Enhancing Expert System)'
    Panel discussion on "Leveraging Artificial Intelligence for Philanthropic Impact" alongside global representatives from Wadhwani AI, Impact Intelligence, Tony Blair Institute for Global Change, and Micron Foundation
    SEOUL, South Korea, April 26, 2024 /PRNewswire/ -- Brian Impact Foundation recently attended Asian Venture Philanthropy Network (AVPN) Global Conference 2024 held in Abu Dhabi, the United Arab Emirates, and deliberated on the potential of Artificial Intelligence tackling societal challenges in transformative ways.
  • The session featured a distinguished panel comprising global representatives from Wadhwani AI, Impact Intelligence, Tony Blair Institute for Global Change, and Micron Foundation.
  • AVPN, Asia's leading network for impact organizations, investors, and stakeholders with a social innovation mandate, has been hosting the annual AVPN Global Conference since 2013.
  • This year's AVPN Global Conference 2024 took place April 23-25 in Abu Dhabi, themed "One Asia, One Future."

The SIP Forum Opens Call for Presentations for SIPNOC 2024, September 17 - 19, 2024

Retrieved on: 
Friday, April 26, 2024

NORTH ANDOVER, Mass., April 26, 2024 /PRNewswire/ -- The SIP Forum announced today that it has opened the official Call for Presentations for the 13th annual SIP Network Operators Conference (SIPNOC 2024), being held at the Hilton Washington Dulles Hotel in Herndon, VA, September 17 -19, 2024.

Key Points: 

SURFSIDE KICKS OFF THE SUMMER SEASON WITH FIVE NEW FLAVORS, NATIONWIDE EXPANSION AND MLB + MiLB PARTNERSHIPS

Retrieved on: 
Wednesday, April 24, 2024

PHILADELPHIA, April 24, 2024 /PRNewswire/ -- Surfside, the spirits-based iced tea and lemonade ready-to-drink category leader, proudly announces national expansion and the launch of five new flavors just in time for summer: Raspberry Lemonade, Strawberry Lemonade, Black Cherry Lemonade, Raspberry Iced Tea and Green Tea. These fruit-forward flavor innovations along with a new Lemonade Variety 8-Pack are a highly anticipated next step for the independently-owned brand to further fuel its meteoric rise in popularity.

Key Points: 
  • With the national expansion, Surfside is also reimagining the baseball experience as the official RTD Vodka Iced Tea and Vodka Lemonade of Minor League Baseball.
  • ** Additional MLB partnerships kick off this season with the Atlanta Braves, Baltimore Orioles, Cleveland Guardians and the Pittsburgh Pirates.
  • We look forward to taking Surfside across the country and introducing to more new fans this upcoming summer season."
  • Surfside Raspberry Tea + Vodka (4.5% ABV): A fruit-forward flavor of the Iced Tea + Vodka that put Surfside on the map.

Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation Foundation

Retrieved on: 
Friday, April 19, 2024

OAKLAND, Calif., April 19, 2024 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools. Charitable contributions are funded by shareholders, not PG&E customers.

Key Points: 
  • OAKLAND, Calif., April 19, 2024 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools.
  • PG&E's Community Relations 2023 Impact Report released today, details programs, charitable giving and volunteerism.
  • Charitable contributions from PG&E and the PG&E Foundation increased more than a half-million dollars in 2023 over the previous year.
  • PG&E and the PG&E Foundation provided more than 1,000 grants to nonprofits supporting the safety and well-being of local communities.

SE Healthcare Announces First Nurse Burnout Software Program to Meet CDC Guidelines for Wellness

Retrieved on: 
Tuesday, April 16, 2024

PITTSBURGH, April 16, 2024 /PRNewswire-PRWeb/ -- SE Healthcare Announces First Nurse Burnout Software Program to Meet CDC Guidelines for Wellness

Key Points: 
  • SE Healthcare has introduced a groundbreaking Burnout Prevention Program, designed in accordance with CDC guidelines to address healthcare worker burnout.
  • At SE Healthcare, we are committed to not only supporting our healthcare workers through our Burnout Prevention Program but also inspiring a shift towards a more sustainable and wellbeing-focused healthcare industry.
  • This alignment underscores SE Healthcare's dedication to combating healthcare worker burnout, enhancing patient care, and promoting organizational efficiency across the healthcare sector.
  • To address the escalating issue of nurse burnout, SE Healthcare's innovative Burnout Prevention Program, in alignment with CDC guidelines, not only enhances the wellbeing of healthcare workers but also significantly impacts financial outcomes for healthcare organizations.

Mo' Money, Mo' Progress: Amplifying the Impact of Donors of Color: Panel Speaks to Intersection of Philanthropy, Race, Caste, and Power

Retrieved on: 
Monday, April 15, 2024

They also discussed how funders can help donors of color maximize their impact.

Key Points: 
  • They also discussed how funders can help donors of color maximize their impact.
  • "Mo' Money, Mo' Progress: Amplifying the Impact of Donors of Color" shows how donors of color redefine philanthropy.
  • "Historically, the contributions of many groups to the world of philanthropy are overlooked, and their potential impact underestimated," said Moore.
  • In the 90-minute panel, the participants tackled various questions about the changing field of philanthropy.

Central bank asset purchases and auction cycles revisited: new evidence from the euro area

Retrieved on: 
Friday, April 19, 2024

Working Paper Series

Key Points: 
    • Working Paper Series
      Federico Maria Ferrara

      Central bank asset purchases
      and auction cycles revisited:
      new evidence from the euro area

      No 2927

      Disclaimer: This paper should not be reported as representing the views of the European Central Bank
      (ECB).

    • Abstract
      This study provides new evidence on the relationship between unconventional monetary
      policy and auction cycles in the euro area.
    • The findings indicate that Eurosystem?s asset purchase flows mitigate
      yield cycles during auction periods and counteract the amplification impact of market volatility.
    • The dampening effect of central bank asset purchases on auction cycles is more sizeable and
      precisely estimated for purchases of securities with medium-term maturities and in jurisdictions
      with relatively lower credit ratings.
    • On the other hand, central banks may influence price dynamics in these markets, most notably
      through their asset purchase programmes.
    • If so, do central bank asset purchases
      affect bond yield movements around auction dates?
    • Auction cycles are present when secondary market yields rise in
      anticipation of a debt auction and fall thereafter, generating an inverted V-shaped pattern around auction
      dates.
    • ECB Working Paper Series No 2927

      3

      1

      Introduction

      The impact of central bank asset purchases on government bond markets is a focal point of economic and
      financial research.

    • If so,
      do central bank asset purchases shape yield sensitivity around auction dates?
    • The paper provides new evidence on the effects of Eurosystem?s asset purchases on secondary market
      yields around public debt auction dates.
    • The analysis builds on previous research based on aggregate data
      on central bank asset purchases and a shorter analysis period (van Spronsen and Beetsma 2022).
    • Using
      granular data on Eurosystem?s asset purchases offers an opportunity to shed light on the mechanisms linking
      unconventional monetary policy and auction cycles.
    • Given this legal constraint, the study
      hypothesises that the effect of asset purchases on 10-year auction cycles is mostly indirect, and goes via price
      spillovers generated by purchases of securities outside the 10-year maturity space.
    • Taken together, these results provide new evidence about auction cycles in Europe and contribute to a
      larger literature on the flow effects of central bank asset purchases on bond markets.
    • Section 4 offers descriptive evidence about auction cycles in the euro area.
    • Auction cycles are defined by the presence of an inverted V-shaped pattern in secondary market yields
      around primary auctions.
    • That is, government bond yields rise in the run-up to the date of the auction and
      fall back to their original level after the auction.
    • Their limited risk-bearing capacities and inventory management operations are
      seen as key mechanisms driving auction cycles (Beetsma et al.
    • ECB Working Paper Series No 2927

      7

      Second, central bank asset purchases can alleviate the cycle by (partly) absorbing the additional supply
      of substitutable instruments in the secondary market (van Spronsen and Beetsma 2022).

    • This expectation is
      supported by several analyses on the price effects of central bank bond purchases (D?Amico and King 2013;
      Arrata and Nguyen 2017; De Santis and Holm-Hadulla 2020).
    • Empirically, previous research has provided evidence of auction cycles taking place across different jurisdictions.
    • (2016) detect auction cycles for government debt in Italy, but not in Germany, during the European
      sovereign debt crisis.
    • Research on the impact of central bank asset purchases on yield cycles around auctions is still limited.
    • Their paper provides evidence
      that Eurosystem?s asset purchases reduce the presence of auction cycles for euro area government debt.
    • Nonetheless, several questions remain open about auction cycles and unconventional monetary policy
      in the euro area.
    • Therefore, they
      provide only a partial picture of auction cycles and central bank asset purchases in Europe.
    • The use of granular data on central bank asset purchases is especially important in light of the modalities
      of monetary policy implementation of the Eurosystem.
    • Altogether, these elements motivate further investigation of the relationship between central bank asset
      purchases and auction cycles in the euro area.
    • Taken together, these results confirm that Eurosystem?s asset purchases mitigate yield cycles during auction periods and counteract the amplification impact of market volatility.
    • The findings confirm that the flow
      effects of central bank purchases on yield movements around auction dates are driven by lower-rated countries.
    • Additional analyses provide evidence for an indirect effect of purchases on auction cycles and highlight
      the presence of substantial heterogeneity across jurisdictions and purchase programmes.
    • Flow Effects of Central Bank Asset Purchases on Sovereign Bond
      Prices: Evidence from a Natural Experiment.
    • Federico Maria Ferrara
      European Central Bank, Frankfurt am Main, Germany; email: [email protected]

      ? European Central Bank, 2024
      Postal address 60640 Frankfurt am Main, Germany
      Telephone
      +49 69 1344 0
      Website
      www.ecb.europa.eu
      All rights reserved.

EQS-News: ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved

Retrieved on: 
Wednesday, April 10, 2024

ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved

Key Points: 
  • ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved
    The issuer is solely responsible for the content of this announcement.
  • ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved
    Loans grow by 1.9%; ProCredit Direct for private clients drives strong 15.3% deposit growth; CET1 ratio comfortable at 14.3%
    Frankfurt am Main, 20 March 2024 - The ProCredit group, which is mainly active in South Eastern and Eastern Europe, recorded a strong financial result of EUR 113.4 million in 2023 that corresponds to a return on equity of 12.2%.
  • Deposits showed good growth of EUR 965 million or 15.3% with a strong contribution from the retail segment.
  • Deposits grew by a strong EUR 965 million or 15.3% (2022: EUR +748 million or 13.5%), to which private individuals contributed approximately 50%.

EQS-News: ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets

Retrieved on: 
Wednesday, April 10, 2024

With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.

Key Points: 
  • With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.
  • A number of other initiatives contributed to the reduction of ProCredit’s ecological footprint in 2023 and thus reinforced the group’s sustainability strategy.
  • Furthermore, the ProCredit group was able to maintain its 100% recycling rate for paper waste and electronic waste in 2023.
  • The Impact Report Package 2023 of the ProCredit group as well as the Annual Report 2023 are available as of today on the ProCredit Holding website in the Investor Relations section at: