GRI

G&A Institute’s New Research Shows Big Jump in Sustainability Reporting by Mid-Cap U.S. Public Companies in 2022

Retrieved on: 
Wednesday, November 15, 2023

The research showed substantial increases in sustainability reporting for both large-cap and mid-cap U.S. public companies, with large-cap companies in the S&P 500 approaching 100% reporting and mid-cap companies closing the gap with 82% publishing reports in 2022.

Key Points: 
  • The research showed substantial increases in sustainability reporting for both large-cap and mid-cap U.S. public companies, with large-cap companies in the S&P 500 approaching 100% reporting and mid-cap companies closing the gap with 82% publishing reports in 2022.
  • G&A’s 2023 Sustainability Reporting in Focus research is the 12th edition in G&A’s annual research series tracking the publication of sustainability reports by the largest U.S. publicly-traded companies.
  • 90% of Russell 1000 companies published a sustainability report in 2022, up from 81% in 2021.
  • Sustainability reporting best practices are now firmly established and being widely adopted not just by the largest companies but also by mid-cap companies.

Driven By its Purpose, VF Works for the Betterment of People and Planet; Details in FY 2023 Environmental & Social Responsibility Report

Retrieved on: 
Tuesday, November 14, 2023

Today, VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, released its fiscal year (FY) 2023 Environmental & Social Responsibility report, “Purpose.

Key Points: 
  • Today, VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, released its fiscal year (FY) 2023 Environmental & Social Responsibility report, “Purpose.
  • Driven.” The comprehensive publication details the company’s progress against its environmental and social targets, as well as additional Inclusion, Diversity, Equity and Action (IDEA) content, which had previously been provided through two separate reports.
  • The report also highlights how VF brands are taking action to help drive meaningful results for people and our planet.
  • Unless otherwise stated, all data reported is for VF’s fiscal year 2023.

Old Dominion Freight Line, Inc. Announces General Rate Increase

Retrieved on: 
Monday, November 13, 2023

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 4, 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 4, 2023.
  • Todd A. Polen, Old Dominion Freight Line’s Vice President – Pricing Services, commented, “In line with our economic forecast and expectations for the anticipated operating environment, OD is implementing a general rate increase to ensure the continued enhancement of our high-quality service network and systems.
  • While the GRI’s impact will vary based on individual shipment lanes and distances traveled, it aligns with our long-term yield management strategy.
  • The GRI also includes nominal increases in minimum charges for intrastate, interstate, and cross-border lanes.”
    For more information about Old Dominion Freight Line, visit www.odfl.com or call (800) 432-6335.

Phoenix Contact plans an extensive investment program for medium to long-term growth

Retrieved on: 
Monday, December 18, 2023

"If we consider our development from 2019, we have actually achieved an average growth of 9.1 percent year on year up to today.

Key Points: 
  • "If we consider our development from 2019, we have actually achieved an average growth of 9.1 percent year on year up to today.
  • This is particularly noticeable in Asia, whereas some European countries continue to record growth.
  • Leidecker emphasized just how special 2023 is for Phoenix Contact, despite the onset of an economic downturn in the second half of the year.
  • In order to prepare Phoenix Contact for growth in the medium to long term, Phoenix Contact has planned an investment program of more than one billion euros over the next five years.

Phoenix Contact plans an extensive investment program for medium to long-term growth

Retrieved on: 
Monday, December 18, 2023

"If we consider our development from 2019, we have actually achieved an average growth of 9.1 percent year on year up to today.

Key Points: 
  • "If we consider our development from 2019, we have actually achieved an average growth of 9.1 percent year on year up to today.
  • This is particularly noticeable in Asia, whereas some European countries continue to record growth.
  • Leidecker emphasized just how special 2023 is for Phoenix Contact, despite the onset of an economic downturn in the second half of the year.
  • In order to prepare Phoenix Contact for growth in the medium to long term, Phoenix Contact has planned an investment program of more than one billion euros over the next five years.

Fosun International Rated as "2023 Forbes China ESG Innovative Enterprise"

Retrieved on: 
Wednesday, December 13, 2023

Fosun International was rated as "2023 Forbes China ESG Innovative Enterprise" for its excellent performance in corporate growth, ESG practices, execution capability for innovation and industry influence.

Key Points: 
  • Fosun International was rated as "2023 Forbes China ESG Innovative Enterprise" for its excellent performance in corporate growth, ESG practices, execution capability for innovation and industry influence.
  • The selection encourages more companies to focus on ESG issues, explore and implement innovative solutions for ESG.
  • In addition to Fosun International, other companies selected as the "2023 Forbes China ESG Innovative Enterprises" included such large, well-known enterprises as Baidu, Inc., JD.com, Inc., Lenovo Group, Ant Group, Siemens Ltd., China, New World China Land, Cainiao, China Overseas Land & Investment Ltd., Ping An Insurance (Group) Company of China, Ltd., China Life Insurance Group and Bank of China.
  • Fosun International received an MSCI ESG rating of AA and was the only conglomerate in Greater China with such rating.

Pyxus Shares Progress on ESG Targets in Fiscal Year 2023 Sustainability Report

Retrieved on: 
Tuesday, December 12, 2023

MORRISVILLE, N.C., Dec. 12, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today published its Fiscal Year 2023 Sustainability Report, detailing the Company's progress toward its global environmental, social and governance (ESG) targets, contributions to the United Nations Sustainable Development Goals (UN SDGs) and the measurable impacts of its sustainability initiatives around the globe.

Key Points: 
  • MORRISVILLE, N.C., Dec. 12, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today published its Fiscal Year 2023 Sustainability Report , detailing the Company's progress toward its global environmental, social and governance (ESG) targets, contributions to the United Nations Sustainable Development Goals (UN SDGs) and the measurable impacts of its sustainability initiatives around the globe.
  • "Fiscal year 2023 marked our 150th year of business, a significant milestone that highlights the strength and sustainability of our Company," said Pyxus President and CEO Pieter Sikkel.
  • Surpassing its global target to reduce total water withdrawal by 10 percent by 2030, achieving a reduction of 12.87 percent.
  • Pyxus' FY23 Sustainability Report was prepared with reference to Global Reporting Initiative (GRI) Standards and outlines the Company's performance during the period between April 1, 2022, and March 31, 2023.

Toyota Shares Progress on Environmental Sustainability Targets in 2023 North American Report

Retrieved on: 
Wednesday, December 6, 2023

PLANO, Texas, Dec. 6, 2023 /PRNewswire/ -- Today, Toyota Motor North America announced the availability of its 2023 North American Environmental Sustainability Report.

Key Points: 
  • PLANO, Texas, Dec. 6, 2023 /PRNewswire/ -- Today, Toyota Motor North America announced the availability of its 2023 North American Environmental Sustainability Report.
  • This year's report was updated and streamlined to include additional data metrics tables to help stakeholders better understand the company's progress on its environmental sustainability goals across its operations and product lines in North America.
  • Some of the highlights of the 2023 North America Environmental Sustainability Report include:
    66% of Toyota and Lexus models available for purchase in North America now have an electrified option, and more are on the way.
  • To view the complete 2023 North American Environmental Sustainability Report, visit Toyota's Environmental Sustainability website .

DFI Wins the Corporate Sustainability Report Awards Gold Award, Green Design Improves Product Energy Reduction by Nearly 40%

Retrieved on: 
Tuesday, November 28, 2023

In addition to following the related standards and regulations, DFI has introduced green design guidelines/directions, improving product energy reduction by nearly 40% and over 90% of system products now use easy-to-recycle materials.

Key Points: 
  • In addition to following the related standards and regulations, DFI has introduced green design guidelines/directions, improving product energy reduction by nearly 40% and over 90% of system products now use easy-to-recycle materials.
  • The "2023 16th Taiwan Corporate Sustainability Award" organized by the Taiwan Institute for Sustainable Energy had a record number of 526 participating companies, marking a 24% increase compared to the previous year.
  • This not only underscores the significance of ESG for major corporations but also highlights the difficulty of winning these awards.
  • Furthermore, this is the second award that DFI, which won the "Corporate Sustainability Report Awards - Gold Award for Electronics and IT Manufacturing Industry", has won, moving up from the Bronze Award to the Gold Award.

Fosun International Receives "Excellence in Environmental Positive Impact Commendation" at Hong Kong ESG Reporting Awards

Retrieved on: 
Thursday, November 23, 2023

HONG KONG, Nov. 22, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656) recently received "Excellence in Environmental Positive Impact Commendation" at the Hong Kong ESG Reporting Awards 2023, in recognition of the company's active green management practices and contribution to environmental protection locally and globally.

Key Points: 
  • HONG KONG, Nov. 22, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656) recently received "Excellence in Environmental Positive Impact Commendation" at the Hong Kong ESG Reporting Awards 2023, in recognition of the company's active green management practices and contribution to environmental protection locally and globally.
  • The Hong Kong ESG Reporting Awards (HERA) is a not-for-profit initiative and one of the most prestigious awards for companies in Hong Kong on corporate sustainability.
  • The Hong Kong ESG Reporting Awards (HERA) aims to recognize companies that have performed outstandingly in ESG reporting and corporate sustainability.
  • This year, Fosun International was awarded "Excellence in Environmental Positive Impact Commendation" by the professional institution in the industry, in recognition of the company's active commitment and efforts in ESG, especially in the environmental front, which have been widely recognized and affirmed.