MacArthur Foundation

EQS-News: Salzgitter AG: Diversification paying off – satisfactory result despite increasingly difficult market environment

Retrieved on: 
Wednesday, April 10, 2024
Annual, Tax, Ellen, Supervisory board, Partnership, KHS, Salzgitter AG, Federal republic, Shareholder, Eye, Salzgitter, ROCE, KHS GmbH, John Macarthur (wool pioneer), Federalism, Depreciation, Aurubis, MacArthur Foundation, Bank

Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.

Key Points: 
  • Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.
  • Business development in the first quarter of 2024 continued to be impacted by the adverse circumstances in the second half of 2023.
  • As a result, EBITDA contracted to € 677.0 million (2022: € 1,618.2 million) and earnings before taxes to € 238.4 million (2022: € 1,245.4 million).
  • The result includes a contribution of € 40.0 million from Aurubis AG (2022: € 156.3 million), an investment included at equity (IFRS accounting).

Circular Announces $10.5M in Funding to Scale First-of-its-Kind Platform for Sourcing Recycled Materials

Retrieved on: 
Monday, March 25, 2024
Manufacturing, Environment, Recycling, Sustainability, Chemicals, Plastics, Eclipse, E-commerce, PCR, Database, Ellen, Customer experience, Danone, United, ESG, United Nations, Metal, Artificial intelligence, Food, Taskrabbit, Carbon, Plastic, John Macarthur (wool pioneer), Braskem, Paper, MacArthur Foundation

Circular.co , the leading sustainable sourcing platform, secured $10.5M to expand its massive database of post-consumer recycled (PCR) materials and its accompanying platform that streamlines buying and selling of PCR materials.

Key Points: 
  • Circular.co , the leading sustainable sourcing platform, secured $10.5M to expand its massive database of post-consumer recycled (PCR) materials and its accompanying platform that streamlines buying and selling of PCR materials.
  • Circular will use the funding to grow its team, expand to additional sustainable materials, continue to add more companies and suppliers, and deepen the scale and functionality of its platform.
  • Circular handles the searching, sourcing, vetting, and onboarding process for its customers, with results in days compared to months or even years, using analog methods.
  • “Buyers transitioning to recycled materials face the typical challenges of an emerging, analog market rife with inefficiency and a lack of transparency.

Children of Promise, NYC Receives $2 Million Gift from MacKenzie Scott's Yield Giving Open Call

Retrieved on: 
Tuesday, March 26, 2024
Uncertainty, Climate change, Organization, Education, Sibling, Mental, Partnership, Ageing, Trauma, Child, CPNC, Uplift, MacKenzie Scott, Multimedia, Audition, Bedford–Stuyvesant, Brooklyn, Social change, MacArthur Foundation, Parent, Nursing

BROOKLYN, N.Y., March 26, 2024 /PRNewswire-PRWeb/ -- Last week, Children of Promise, NYC (CPNYC), the only nonprofit in New York City with an afterschool program serving children of incarcerated parents, received a $2 million grant from MacKenzie Scott's Yield Giving Open Call.

Key Points: 
  • BROOKLYN, N.Y., March 26, 2024 /PRNewswire-PRWeb/ -- Last week, Children of Promise, NYC (CPNYC), the only nonprofit in New York City with an afterschool program serving children of incarcerated parents, received a $2 million grant from MacKenzie Scott's Yield Giving Open Call.
  • "I am deeply grateful to MacKenzie Scott's Yield Giving for recognizing and honoring our mission to support the holistic well-being of children with incarcerated parents," said Sharon Content, founder and president of CPNC.
  • The organization serves 350 children aged 6-18 annually in Bedford-Stuyvesant, Brooklyn and the South Bronx as an official NYC Department of Education Learning Lab.
  • More information on the Yield Giving Open Call and other initiatives can be found at www.leverforchange.org .

CARBIOS and Landbell Group join forces to increase circularity of PET waste at first biorecycling plant

Retrieved on: 
Thursday, February 29, 2024
Pros, MEG, Memorandum of understanding, Food packaging, Landbell, Clermont-Ferrand, Indorama Ventures, Ellen, PTA, CO2, Textile, MacArthur Foundation, Recycling, PET, Water, Partnership

The partnership will leverage Landbell Group’s expertise and network in the sourcing of PET packaging and textile waste which will be prepared for biorecycling.

Key Points: 
  • The partnership will leverage Landbell Group’s expertise and network in the sourcing of PET packaging and textile waste which will be prepared for biorecycling.
  • From 2026, Landbell Group will supply CARBIOS with 15 kt/year of PET flakes, ensuring a steady supply chain for sustainable PET production.
  • These flakes will serve as essential feedstock for CARBIOS’ production of food-grade PTA and MEG, further re-polymerized into PET.
  • The innovative depolymerization process developed by CARBIOS facilitates the recycling of PET waste into high-quality recycled PET.

Kinaxis Teams Up with Non-Profit Leaders to Accelerate Social and Environmental Impact

Retrieved on: 
Tuesday, March 5, 2024
Environmental, Social and Governance (ESG), Retail, Sustainability, Technology, Professional Services, Women, Philanthropy, Supply Chain Management, Environment, Artificial Intelligence, Transport, Foundation, Software, Logistics, Consumer, Data Analytics, Pet, Woman, John Macarthur (wool pioneer), TSX, CPG, ESG, Ellen, Organization, MacArthur Foundation, Imagination, Women Who Code, Research, Lumber

The partnerships were announced within the company’s new 2023 Sustainability Report which highlights the latest environmental, social, and governance (ESG) metrics to coincide with annual financial reporting and disclosures.

Key Points: 
  • The partnerships were announced within the company’s new 2023 Sustainability Report which highlights the latest environmental, social, and governance (ESG) metrics to coincide with annual financial reporting and disclosures.
  • “Both Women Who Code and the Ellen MacArthur Foundation are committed to creating a world where the only limiting factor is your own imagination.
  • Its AI-powered technology and patented concurrency technique allows companies to orchestrate their supply chain network end-to-end from strategic planning to last-mile delivery.
  • To learn more about Kinaxis and its supply chain management solutions, please visit Kinaxis.com .

Aptar Named One of Barron’s 100 Most Sustainable U.S. Companies for the Sixth Consecutive Year

Retrieved on: 
Thursday, February 29, 2024
Environment, Packaging, Professional Services, Manufacturing, Sustainability, Health, Pharmaceutical, General Health, Environmental, Social and Governance (ESG), Multimedia, John Macarthur (wool pioneer), Targets, Biophysical environment, Growth, Social, Disclosure, AptarGroup, ESG, CDP, Climate change, Ellen, Organization, Science Based Targets initiative, Sustainable development, MacArthur Foundation, Science, ATR, Renewable energy

AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, has been named one of Barron’s 100 Most Sustainable U.S. Companies for the sixth consecutive year and is ranked number 29 out of 100 companies for 2024.

Key Points: 
  • AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, has been named one of Barron’s 100 Most Sustainable U.S. Companies for the sixth consecutive year and is ranked number 29 out of 100 companies for 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240229523803/en/
    “We are delighted to be named to Barron’s 100 Most Sustainable Companies for the sixth consecutive year for our leadership on sustainability efforts that help us, our employees, consumers, customers and community partners create a better future,” said Stephan B. Tanda, Aptar President and CEO.
  • Barron’s partnered with Calvert, a leader in ESG investing, to build the list of the most sustainable companies.
  • Barron’s full list of the 100 Most Sustainable Companies can be found here .

Horizon Capital Closes its Ukraine Fund IV at $350m, $100m above Target

Retrieved on: 
Friday, February 23, 2024
Rockefeller Foundation, DEG, Private equity, Multimedia, Courage, Investment, Growth, AUM, FMO, Entrepreneurship, EBRD, Leat, Fund, Like a Boss (film), JICA, MacArthur Foundation, Trust, DFC, Face, EIB, Partnership, Cryptocurrency

KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.

Key Points: 
  • KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.
  • The Fund invests growth capital alongside visionary entrepreneurs leading fast-growing primarily tech and export-oriented companies, as well as select domestic champions, in Ukraine and Moldova (the "Region"), with a pipeline of 80+ investments.
  • The Fund has already concluded three investments to fast-growing, innovative tech companies, providing growth capital to expand their R&D platforms in Ukraine and enhance their international reach.
  • Lenna Koszarny, Founding Partner and CEO of Horizon Capital, said: "This historic fund is dedicated to the visionary entrepreneurs of Ukraine.

Horizon Capital Closes its Ukraine Fund IV at $350m, $100m above Target

Retrieved on: 
Friday, February 23, 2024
Rockefeller Foundation, DEG, Private equity, Courage, Investment, Growth, AUM, FMO, Entrepreneurship, EBRD, Leat, Fund, Like a Boss (film), JICA, MacArthur Foundation, Trust, DFC, Face, EIB, Partnership, Cryptocurrency

KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.

Key Points: 
  • KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.
  • The Fund invests growth capital alongside visionary entrepreneurs leading fast-growing primarily tech and export-oriented companies, as well as select domestic champions, in Ukraine and Moldova (the "Region"), with a pipeline of 80+ investments.
  • The Fund has already concluded three investments to fast-growing, innovative tech companies, providing growth capital to expand their R&D platforms in Ukraine and enhance their international reach.
  • Lenna Koszarny, Founding Partner and CEO of Horizon Capital, said: "This historic fund is dedicated to the visionary entrepreneurs of Ukraine.

Sesame Workshop Initiates Leadership Transition

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Interim, Research, History, Sesame Workshop, Sesame Street, MacArthur Foundation, International, Learning, Education, Workshop, International Rescue Committee, Mass media, Sherrie, Management

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Sesame Workshop, the nonprofit organization behind Sesame Street, today announced that Steve Youngwood has decided to step down as CEO and a member of the Board of Trustees, in concurrence with the Board. The Board has appointed Sesame Workshop President Sherrie Westin as Interim CEO. Mr. Youngwood will remain available to the organization in an informal advisory role for a period of time to help ensure a smooth transition.

Key Points: 
  • The Board has appointed Sesame Workshop President Sherrie Westin as Interim CEO.
  • Gabrielle Sulzberger, Chair of the Sesame Workshop Board of Trustees, said, "Under Steve's leadership, Sesame Workshop has expanded its reach and impact globally, and is well positioned for ongoing success.
  • Mr. Youngwood commented, "It has been a highlight of my professional career to work alongside the talented and creative individuals on the Sesame Workshop team.
  • Ms. Westin has held leadership positions in the media, nonprofit, and public service sectors and possesses a deep understanding of Sesame Workshop.

Aptar Named One of America’s Most Responsible Companies by Newsweek for the Fifth Consecutive Year

Retrieved on: 
Tuesday, January 23, 2024
Environment, Packaging, Chemicals, Plastics, Professional Services, Manufacturing, Sustainability, Green Technology, Environmental, Social and Governance (ESG), Recycling, AptarGroup, MacArthur Foundation, Statista, Ellen, Social, GRI, Responsibility, Partnership, John Macarthur (wool pioneer), Corporate social responsibility, CSR, Woman, ESG, ATR, Sustainable development, Pharmaceutical industry

AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, today announced that it has been named one of America’s Most Responsible Companies 2024 by Newsweek for the fifth consecutive year.

Key Points: 
  • AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, today announced that it has been named one of America’s Most Responsible Companies 2024 by Newsweek for the fifth consecutive year.
  • Aptar is ranked number 29 out of 600 U.S. companies and is ranked first in its industry category.
  • View the full release here: https://www.businesswire.com/news/home/20240123575188/en/
    “We are extremely proud to be recognized by Newsweek for the fifth consecutive year.
  • Newsweek’s full list of America’s Most Responsible Companies 2024 can be found here .