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08/15 13:19 EST - seekingalpha.com
GreenTree Hospitality Group Ltd. (GHG) Q2 2024 Earnings Call Transcript
GreenTree Hospitality Group Ltd. (NYSE:GHG ) Q2 2024 Earnings Conference Call August 15, 2024 8:00 AM ET Company Participants Rene Vanguestaine - Christensen, IR Alex Xu - Chairman and CEO Selina Yang - Chief Financial Officer Jason Zhang - Financial Director Conference Call Participants Operator Hello, ladies and gentlemen.

08/15 09:15 EST - prnewswire.com
GreenTree Hospitality Group Ltd. Announces Cash Dividend
SHANGHAI , Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced that its board of directors approved the payment of a cash dividend of US$0.10 per ordinary share, or US$0.10 per American Depositary Share ("ADS").

08/15 07:21 EST - prnewswire.com
GreenTree Hospitality Group Ltd. Reports Second Quarter of 2024 Financial Results
Total revenues decreased by 20.5% year over year to RMB 329.7million (US$45.4 million)[1] . Income from operations was RMB 84.

08/12 04:45 EST - prnewswire.com
GreenTree to Report Second Quarter 2024 Financial Results on August 15, 2024
SHANGHAI , Aug. 12, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, on Thursday August 15, 2024.

07/29 16:00 EST - prnewswire.com
CROWN ANNOUNCES SIGNIFICANT PROGRESS AGAINST SCOPE 3 GHG EMISSIONS GOAL IN LATEST SUSTAINABILITY REPORT
Report details Company's collective effort to achieve goals outlined in its Twenty by30™ program TAMPA, Fla. , July 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has released its 2023 Sustainability Report detailing the Company's global sustainability activities, including being on track to meet its Scope 3 emissions reduction goal ahead of its 2030 deadline.

06/25 06:53 EST - prnewswire.com
GreenTree Hospitality Group Ltd. Reports First Quarter of 2024 Financial Results
Total revenues decreased 7.1% year over year to RMB352.2 million (US$48.8 million) [1] . Hotel revenues increased 8.8% year over year to RMB274.8 million.

06/22 05:01 EST - prnewswire.com
GreenTree to Report First Quarter 2024 Financial Results on June 25, 2024
SHANGHAI , June 22, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, on Tuesday June 25, 2024.

06/05 09:42 EST - businesswire.com
Wolters Kluwer expands CCH Tagetik ESG & Sustainability solution to include carbon emission reporting requirements
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that it has launched CCH Tagetik ESG & Sustainability for Carbon Emissions. This new solution supports companies seeking to report and disclose direct and indirect carbon emissions including Scope 3 emissions and align with the Corporate Sustainability Reporting Directive (CSRD). The new carbon emissions reporting solution enhances CCH Tagetik's ESG and sustai.

05/21 10:17 EST - newsfilecorp.com
CSE Bulletin: Reinstatement - Global Hemp Group Inc. (GHG)
Toronto, Ontario--(Newsfile Corp. - Le 21 mai/May 2024) - Effective immediately, Global Hemp Group Inc. will be reinstated for trading. The Company has rectified the situation that gave rise to the suspension.

05/20 16:08 EST - https://www.marketscreener.com
Boyd Gaming : 2023 Corporate Social Responsibility Report (51 MB)
2023 CORPORATE SOCIAL RESPONSIBILITY REPORT A MESSAGE FROM OUR LEADERSHIP OUR COMMITMENT TO CORPORATE SOCIAL RESPONSIBILITY (CSR) Boyd's commitment to corporate social responsibility dates back to the founding of our Company nearly 50 years ago. From our first day, Boyd Co-Founders Sam and Bill Boyd set forth our Company's key principles: sharing our success with others, valuing our team members, and striving to make our communities better places because Boyd Gaming isa part of them. Much has changed at Boyd Gaming since our founding in 1975. We have grown from a single property in downtown Las Vegas into one of the nation's largest casino operators, with 28 properties across the country. But what has not changed is our long-standing commitment to the principles that Sam and Bill set forth almost 50 years ago, and our pledge to act with integrity in all that we do. Today, we fulfill this commitment through a philosophy we call Caring the Boyd Way, built upon four core pillars. WE FULFILL THIS COMMITMENT THROUGH FOUR CORE PILLARS: Environment Our environmental initiatives are aimed at supporting the global effort to mitigate climate change and environmental impacts in our communities. And we are making significant, steady progress, as we continue to successfully implement companywide programs to reduce our long-term energy consumption, water usage, carbon emissions, and waste materials sent to landfill. People Through our commitment to diversity, we seek to build a workforce that is as inclusive as the communities and the customers that we serve nationwide. Our workplace culture, our employee benefits and our commitment to paying a living wage all demonstrate the high value we place in our relationships with our team members. And through our long-standing commitment to responsible gaming, we seek to promote the responsible consumption of our entertainment product. Communities We actively invest in the vibrancy and well-being of our communities, contributing nearly $17 million to non-profit organizations across the country in 2023. Our team members also proudly share our commitment to philanthropy, generously donating their time and money to help charitable organizations fulfill their missions within our communities. Corporate Governance We hold ourselves to the highest standards of integrity in everything that we do as a Company. This starts in the board room and carries through to each of our properties, as we focus on oversight and accountability in everything that we do. Through our Anti-Corruption Policy, Code of Conduct, anti-money laundering protocols and data security measures, we have implemented the policies and procedures necessary to ensure that our commitment to integrity is consistently upheld throughout our business. On behalf of the entire Boyd team, we appreciate your interest in our Corporate Social Responsibility efforts, and we look forward to partnering with you as we support and strengthen our communities and our stakeholders. Marianne Johnson Keith Smith Executive Chairman President & Chief Executive Officer Marianne Johnson and Vincent Schwartz at Team Member of the Year Celebration at IP Biloxi TABLE OF CONTENTS Introduction. 1 Environment . 12 People . 28 Communities . 64 Corporate Governance . 82 Reporting Indexes. 92 Introduction | 2 Introduction | 3 OUR CULTURE ISREFLECTEDWITHIN FOURVALUES THAT WECALL BOYDSTYLE. Marianne Johnson and John Sou at Team Member of the Year Celebration at the California OUR UNIQUE CULTURE OUR MISSION STATEMENT We, as members of Boyd Gaming Corporation, operate with only the highest degree of integrity, and rely on the competence and friendliness of each person in our organization to provide entertainment and service to satisfy our customers' wants. Through teamwork, we strive to maximize shareholder value, to be among the leading companies in our industry, and to provide opportunities for all while we support and enhance our communities. OUR COMPANY'S VISION Boyd Gaming is one of the nation's leading casino entertainment companies. But we're so much more - amulti-billion-dollar company that seeks to retain the philosophy of a family-owned business, successfully generating long-term, sustainable growth for our shareholders. Since our founding nearly 50 years ago, Boyd Gaming has been committed to an operating style built around strong relationships with our customers, our team members and our communities. In our highly competitive industry, this "Boyd Style" brand of hospitality has come to define us in a unique way, even as we have grown into a nationwide company. We take pride in our history, but are not standing still. While we remain focused on offering exciting and compelling gaming experiences, we also seek to connect with our customers through enhanced amenities throughout our properties. Through targeted reinvestments in our hotel rooms, restaurants, entertainment venues and other amenities, we strive to make Boyd Gaming more relevant and compelling to our customers, existing and new, for years to come. Forging aheadin the coming years,we will remain focused on our strategic objectives: strengthening our operations, investing in future growth and maintaining our strong financial position. We remain confident in the ability ofour company to successfully meetwhatever challenges lie ahead. VALUE RELATIONSHIPS EXCEED EXPECTATIONS INTEGRITY WORK SMART Introduction | 4 Introduction | 5 T N E M N V I R O N ENVIRONMENT C E O M M U N I T I E S KEY INITIATIVES PE O P L E E E T A C OR A N R N P O R E C V O G T N E M N V I R O N PEOPLE C E O M M U N I T I E S KEY INITIATIVES PE O P L E E E T A C OR A N R N P O R E C V O G REDUCING OUR CARBON FOOTPRINT Reducing our greenhouse gas emissions helps mitigate climate impact, which helps reduce future negative impacts to our operations, customers, team members and communities. WATER CONSERVATION We strive to take a leadership role in conserving water, which ultimately helps protect the long-term viability of our communities and operations. WORKFORCE DIVERSITY Building a diverse and inclusive workforce contributes to our financial performance by helping us expand our customer base and strengthen customer loyalty. PROTECTING TEAM MEMBERSAND PROMOTING WORKPLACESAFETY Our workplace safety, anti-harassment and misconduct policies and programs enhance team member morale while protecting employees from workplace injuries or misconduct. WASTE DIVERSION Our companywide efforts to reduce, reuse and recycle waste materials benefit our communities by conserving limited natural resources, lowering demand on local landfills and reducing our carbon footprint. RESPONSIBLE GAMING As one of the leading gaming companies in the United States, we are committed to promoting responsible gaming and marketing throughout our operations while providing assistance to those who need help. Introduction | 6 Introduction | 7 T N E M N V I R O N COMMUNITIES C E O M M U N I T I E S PE O P L E E E T A C OR A N R N P O R E C V O G CORPORATE GOVERNANCE T N E M N V I R O N E C O M M U NITIES PE O P L E E E T A C OR A N R N P O R E C V O G KEY INITIATIVES KEY INITIATIVES CORPORATE PHILANTHROPY The non-profit organizations wesupport enhance the quality of life and address key needs in our communities, benefiting our stakeholders and contributing to stronger local and regional economies. TEAM MEMBERGIVING AND VOLUNTEERISM Our company provides opportunities for our team members to contribute to thewell-being of their communities through our workplace giving program and volunteer activities. INTEGRITY Promoting integrity encourages long-term investment in our company while protecting our privileged gaming licenses across the country. OVERSIGHT Our Boardis responsible for company-wide risk oversight, which includes overseeing our Corporate Social Responsibility and Diversity initiatives through the Corporate Governance and Nominating Committee. SUPPLIER DIVERSITY We are committed to helping create more vibrant and inclusive local and regional economies by leveraging our supply chain to provide opportunities for diverse and underrepresented business enterprises. ACCOUNTABILITY Our Board of Directors is responsible for implementing, administrating and enforcing key policies and practices, including anti-money laundering (AML)and data security/cybersecurity efforts. Introduction | 8 Introduction | 9 UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS As part of our commitment to our stakeholders, Boyd Gaming is proud to support these nine United Nations Sustainable Development Goals through the initiatives outlined in this report. Our company is a long-term financial and logistical supporter of non-profit organizations focused on eliminating hunger in our communities. Through our employee benefit programs, Boyd provides access to high-quality healthcare services to our team members. We also provide financial support to health-focusednon-profit organizations nationwide. Through our charitable contributions and recruitment efforts, Boyd is a long-term supporter of educational institutions across the country. Additionally, our company supports team members' education through our tuition reimbursement and student loan repayment benefits. We actively promote opportunities for women throughout our company. We also utilize our procurement programs to create economic opportunities for women-owned business enterprises (WBEs). Water conservation is a fundamental part of our environmental strategy. Through a variety of initiatives, our company has conserved nearly 2 billion gallons of water since 2017. See pages 17-18for additional information on our water conservation initiatives. We are proud to provide a living wage and meaningful benefits to thousands of team members nationwide. Additionally, we are an economic driver in communities across the nation through our employment, tax payments, vendor purchases and capital investments. Through our workplace diversity and inclusion efforts - and our diverse procurement programs - we are committed to creating economic and professional opportunities for persons of all ethnicities, ages, genders, disabilities and gender identities/expressions. Through our waste diversion initiative, we recycle or reuse more than half of our total waste nationwide, with a goal of diverting 60% of total waste from landfill by 2025. See pages 19-20for additional information on our waste diversion initiatives. Our company has a comprehensive Human Rights Policy, focused on deterring and preventing harassment, discrimination, forced labor, human trafficking and corruption. Additionally, we are committed to promoting diversity and inclusion, freedom of association, and a safe and inclusive workplace. Introduction | 10 Introduction | 11 WE CARE ABOUT OUR ENVIRONMENT CLIMATE CHANGE STRATEGY As one of the largest gaming companies in the United States, we understand the effect of climate change and our role in mitigating its impact. Accordingly, we invest strategically throughout our nationwide portfolio to reduce the impact of our operations on the environment. By reviewing our supply chain strategies, implementing energy and water reduction measures, and diverting waste from landfills, we work to consistently reduce our carbon emissions throughout our operations nationwide. ECOLOGICAL IMPACT STATEMENT Environmental Responsibility is a foundation of our company's Corporate Social Responsibility (CSR) philosophy, as evidenced by our investments in energy and water efficiencies throughout our nationwide operations. We are focused on finding new ways to further reduce our water use, as our operations teams actively review additional opportunities to reduce both indoor and outdoor water consumption. In addition to removing our non-functional turf in Nevada, we are implementing smart irrigation and smart valves throughout our properties to help further reduce our consumption. Our culinary teams are also implementing water reduction programs with equipment and operational improvements. We believe energy reduction is good for both business and the environment, and we continue to invest in energy efficiency technologies and improvements. Implementing smart building technologies with artificial intelligence has significantly reduced our energy consumption, as has our strategy of replacing aging equipment with more modern technologies that reduce consumption going forward. We are also committed to reducing the amount of waste our properties send to landfill. These reduction efforts are focused on sharing best practices across our portfolio, reducing single use plastics, expanding composting and other waste diversion programs, and donating reusable items to charitable organizations. We commit ourselves to compliance with all applicable federal, state and local environmental laws and regulations. We invest in technology and training to increase our efficiencies as part of our capital investment strategy. We look to make sustained reductions in our consumption of energy and water. We strive to make sustained reductions in the amount of waste our properties send to landfills. We look to make sustained reductions in our carbon emissions (scopes I, II and III). We are raising awareness of our environmental initiatives through ongoing communications with our internal and external stakeholders. Environment | 12 13 MAKING PROGRESS WEATHERNORMALIZED ENERGY CONSUMPTION 4,500,000 4,290,056 4,000,000 BASELINE EnergyConsumption(GJ) 3,500,000 3,233,281 3,007,293 3,035,732 3,000,000 2,960,117 2,500,000 As an organization, Boyd Gaming has reduced its energy consumption by more than 29% since our baseline year of 2017.* Through investments in energy efficient technologies, our properties are continuing to reduce their energy use. The majority of Boyd properties currently use Monitoring Based Commissioning services (MBCx),a process that monitors and adjusts a property's HVAC systems and other mechanical services to maintain peak performance and efficiency. Through consistent investments in efficient technology, Boyd continues to reduce energy consumption throughout its portfolio. In 2023, the company invested over $8 million in energy efficient capital projects, such as LED lighting retrofits and upgrading building systems and aging equipment. These investments contributed to a year-over-year reduction of more than 14 million kilowatt-hours in our 2023 electricity consumption. *Based on weather normalized energy consumption. Weather Normalization is key in removing variance due to extreme temperatures which could prevent visibility to decarbonization efforts led by a company. This process normalizes Natural Gas and Electricity consumptions using a hypothetical calendar year for each site, also known as Climate Normal, where the weather is the average over a recent 30-year period, utilizing the actual weather (sourced from NOAA) from each location. Reported data may be based on estimates where actual data is not yet available. For full reported data from prior year, please see page 9 of Boyd's 2022 ESG report. TOTALENERGY CONSUMPTION ACTUAL VS. WEATHER NORMALIZED Actual Weather Normalized 4,500,000 2023 ENERGY CONSUMPTION NATURAL GAS + ELECTRICITY 1,921,434 1,114,298 GJ GJ 36.7% Nevada Region Energy Consumption(GJ) 4,000,000 3,500,000 3,000,000 2,500,000 4,290,056 3,623,134 BASELINE BASELINE 2,904,683 3,007,293 2,918,029 3,233,281 2,978,425 2,960,117 2,870,520 3,035,732 63.3% Midwest & South Region 2,000,000 Energy consumption in 2023 is based on weather normalized data. *Boyd conducted a thorough review of actual energy consumption data for 2021 through 2023. In order to provide the most comprehensive and detailed data possible, Boyd utilizes direct feed data from providers where available. This resulted in a slight change in previously reported actual data for 2021and 2022. Reported data may be based on estimates where data is not yet available. For full reported data from prior year, please see page 9 of Boyd's 2022 ESG report. Baseline year includes energy consumption data for Ameristar Kansas City, Ameristar St. Charles, Belterra Park, Belterra Resortand Valley Forge prior to their acquisition by the company in 2018. Environment | 14 Environment | 15 ANNUAL CARBON EMISSIONS CARBON FOOTPRINT (SCOPE I AND II STATIONARY*) BOYD GAMING 2023 (Metric tons of CO2 equivalent) Emissions (MT CO2e) 400,000 350,000 300,000 250,000 200,000 395,625 BASELINE 251,593 40 . 2% REDUCTION 270,215 ** 257,944 236,661 1.8% TOTAL CARBON FOOTPRINT 5.5% 1.1% 258,227 MT CO2e SCOPE 1 21.6% Fugitive*: 4,706 MT CO2e Fleet & Other Scope 1**: 2,763 CO2e 70.0% Natural Gas: 55,788 MT CO2e SCOPE 2 Electricity: 180,873 MT CO2e SCOPE 3*** Waste: 14,097 MT CO2e Boyd follows the GHG Protocol Corporate Accounting and Reporting Standard for Scope 1 and 2 emissions reporting. Boyd did not obtain independent third-party verification of the GHG emissions data and climate-related claims listed in this report. *Simplified Material Balance Method: The Simplified Material Balance Method was utilized for tracking Fugitive Emissions. This method requires information on the quantity ofrefrigerant: (a) used to fill any new equipment installed during the reporting period, (b) used to service equipment, and (c) recovered from any equipment retired during the reporting period. It also requires information on the total refrigerant capacity of installed and retired equipment. **Fleet Emissions & Other Scope 1: All vehicle and maintenance equipment companywide are tracked for mileage and hours of usage or consumption. Other Scope 1includes stationary generators. This data was converted to emissions using factors provided by the United States Environmental Protection Agency's GHG Emissions Factor Hub published in April 2023. ***Scope 3 emissions reported here include only transportation of waste generated in operations, which corresponds to category 5 in the GHG Protocol's Scope 3 Accounting and Reporting Standard. *Carbon emissions for calendar years 2017-2023 include Scope 1 (natural gas) and Scope 2 (purchased electricity). Other Scope 1 (fugitive and fleet emissions) and Scope 3 emissions that Boyd now measures and reports are excluded from this chart due to lack of comparative data in all reporting years. **Reduction from 2017 baseline is attributable to benefits from capital investments in LED lighting and more efficient HVAC systems; operational initiatives to reduce energy consumption; and reduced business volumes during and after the COVID pandemic. Emissions data previously reported for 2021 and 2022 has been revised based on conducting review of actual consumption data for these periods. GREENHOUSE GAS EMISSIONS BY REGION BOYD GAMING 2023 (Metric tons of CO2 equivalent) Baseline year includes emissions data for Ameristar Kansas City, Ameristar St. Charles, Belterra Park, Belterra Resort and Valley Forge prior to their acquisition by the company in 2018. REDUCING CARBON EMISSIONS As part of our company's contribution to the global fight against climate change, Boyd is focused on achieving long-term reductions in energy consumption and carbon emissions. We have tracked stationary Scope 1 (natural gas) and Scope 2 (purchased electricity) since 2017, and have reduced our total annual emissions by more than 40% since that baseline year. Building on that progress we are working to further expand our tracking to include new sources of Scope 1 and 3 emissions. In 2021, Boyd first reported on waste and transportation of waste tolandfills aspart ofour Scope 3 emissions inventory. In 2022, Boyd began reporting on fleet emissions and fugitive emissions under Scope 1. Emissions (MT CO2e) 200,000 150,000 100,000 50,000 MSR 181,072 162,782 DOWN Emissions(MT 10.1% CO2e) 200,000 150,000 100,000 50,000 NEVADA 102,660 95,445 DOWN 7.0% Emissions data previously reported for 2022 has been revised based on conducting review of actual consumption data for these periods. Environment | 16 Environment | 17 CONSERVING WATER Conserving water is an important part of our nationwide environmental strategy. WATER USAGE ANNUAL WATER USAGE AND CUMULATIVE SAVINGS Total Usage Cumulative Water Savings (since 2017) 2,000 Millions Billion1.63 reduction 1,500 Nearly 30% of From 2017 Gallons BASELINE Billion1.08 Billion1.20 Billion1.19 Billion1.15 Baseline 1,000 500 Usage data includes ground water. Reported data may be based on estimates where actual data is not yet available. In an effort to provide the most accurate data, Boyd reviewed water usage across its portfolio and updated certain records that were previously estimates with actual data, and installed submetering on water wells across the portfolio to determine more accurate water usage. Baseline year includes water consumption data for Ameristar Kansas City, Ameristar St. Charles, Belterra Park, Belterra Resort and Valley Forge prior to their acquisition by the company in 2018. These conservation efforts have primarily focused on our Nevada operations, given the southern Nevada region's ongoing drought conditions. Throughout the state, Boyd has removed non- functional turf at its properties to reduce landscape watering requirements. Additionally, Boyd has implemented a water reuse program at its Nevada linen facility that is savingover 7 million gallons of water each year . While Nevada is a priority for water conservation, we have implemented conservation measures nationwide. For example, we have implemented smart controls at many of our properties to make our outdoor irrigation systems more efficient and effective. We have also implemented We've reduced our water consumption by almost 30% from our baseline year Our cumulative water savings over that time is nearly 2 BILLION GALLONS conservation measures in our kitchen facilities through our purchase of smart water-saving dishwashers nationwide. Finally, Boyd has researched water stress and water quality at all of its nationwide properties and implemented flood sedimentation control programs where applicable to ensure clean waterways and reduced flooding. Thanks to these ongoing measures, Boyd has reduced our overall water consumption by almost 30% since our baseline year of 2017, with a cumulative water savings of almost 2 billion gallons. Enough water for nearly 86MILLION loads of laundry* * Based on estimated consumption of 23 gallons of water used per standard wash. Environment | 18 Environment | 19 Attachments Original Link Original Document Permalink DisclaimerBoyd Gaming Corporation published this content on 20 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2024 20:07:01 UTC.

05/20 14:15 EST - https://www.accesswire.com
Integrated Approach to Sustainability Yields Progress on ESG Goals
Enbridge releases 2023 Sustainability Report on environmental, social and governance prioritiesNORTHAMPTON, MA / ACCESSWIRE / May 20, 2024 / We published Enbridge's 23rd Sustainability Report, which details the solid progress we're making towards environmental, social and governance (ESG) goals."Every day, we strive to be the first-choice energy delivery company in North America and beyond-for customers, communities, investors, regulators, policymakers and employees," say Enbridge President and CEO Greg Ebel and Board of Directors Chair Pamela Carter in a message to readers. "We're proud of our strong record of governance and longstanding sustainability leadership and we remain focused on achieving the ambitious environmental, social and governance goals we set in 2020."At Enbridge, we're proud of our ESG practices and performance and we're working diligently to deliver energy in a more planet-friendly way, everywhere people need it. The 2023 Sustainability Report outlines our solid progress on emissions reductions; safety performance; advancing Indigenous reconciliation and our work to build a more diverse and inclusive workforce."Across Enbridge, our employees are advancing a sustainable business strategy," says Pete Sheffield, Enbridge Chief Sustainability Officer and Vice President, External Affairs U.S. "We've set ambitious goals that align our teams in common-purpose and shared accountability to deliver the best possible solutions for a broad set of stakeholders."Our 2023 Sustainability Report highlights:Environmental GoalsEmissionsAchieved a 37% reduction in GHG emissions intensity and a 20% reduction in absolute GHG emissions from our 2018 baseline.Reduced methane emissions in the Company's natural gas operations by 40% from the 2018 baseline.Continued our robust GHG emissions disclosures, expanding the categories of Scope 3 emissions on which we report and enhancing the transparency of Scope 3 emissions reporting.Provided an updated analysis of Enbridge's business under different climate-related scenarios, in alignment with the Task Force on Climate-related Financial Disclosures (TCFD).Social GoalsSafetyAchieved a 16% reduction in work-related injuries and safety incidents among employees and contractors, surpassing Enbridge's goal of achieving a 10% safety improvement over the previous three-year average.IndigenousAdvanced Indigenous reconciliation by meeting 10 of the 22 goals set out in our Indigenous Reconciliation Action Plan.Reached C$2 billion in Indigenous procurement and labor spending, and committed to an additional C$1 billion in cumulative Indigenous spending by 2030.Workforce RepresentationIncreased workforce representation of underrepresented ethnic and racial groups, U.S. veterans, women, Indigenous peoples and persons with disabilities.GovernanceDiversity, Equity and InclusionExceeded Enbridge's Board of Directors diversity goals, with 50% representation from underrepresented racial and ethnic groups and 50% women."This integrated approach continues to yield positive results as we maintain a focus on continuous improvement and long-term value. In our 23rd Sustainability Report, we update stakeholders on our progress against our goals and the work remaining," says Sheffield."We also outline the actions we're taking to deliver reliable, affordable energy to as many people as possible, with as little environmental impact as possible. And we acknowledge the steps we're taking to overcome challenges of yesterday and those before us today, with an eye towards securing opportunities tomorrow."Click here for the full PDF version of our 2023 Sustainability Report here. Click here for the 2023 ESG datasheet, which includes our analysis that aligns with the TFCD.View additional multimedia and more ESG storytelling from Enbridge on 3blmedia.com.Contact Info:Spokesperson: EnbridgeWebsite: https://www.3blmedia.com/profiles/enbridgeEmail: info@3blmedia.comSOURCE: Enbridge

05/20 09:00 EST - https://www.businesswire.com
Achates’ demonstrates up to 20% efficiency improvement v. today’s engines while meeting 2027 ultra-low NOx standards with today’s aftertreatment
LAS VEGAS--(BUSINESS WIRE)--Achates Power, Inc. (API) showcased at ACT Expo what has been demonstrated as the cleanest and most efficient internal combustion engine (ICE) architecture to date. Demonstrations have proven ability to satisfy regulatory requirements without detriment to the fleets or economy. “In pursuit of clean technology, it’s critical to place priority on the fleets and drivers. Technology-forcing regulations with uncertainty on infrastructure, cost, and capability to ‘do the job’ make it difficult to navigate this energy transition,” said Dave Crompton, CEO of API. “For the first time, an ICE architecture has been simultaneously proven to reduce NOx, beat the most stringent regulations proposed with margin to spare, and improve real world fuel economy by as much as 20%, while demonstrating extended life compliance.” API demonstrated the opposed-piston (OP) architecture is capable of using today’s aftertreatment systems to meet tomorrow’s ultra-low NOx emissions standards with robust compliance through the 800,000 mile useful life requirements. Low-load, idle, and off-cycle emissions capability positions this to be the best combustion technology in the industry. Stringent emissions regulations in commercial trucking are to a point where aftertreatment systems’ cost and complexity may drive truck costs higher, reliability lower, and penalize fuel economy. In a joint demonstration with CALSTART and Walmart, an API 10.6 liter engine was retrofitted into a production class 8 truck to meet the proposed 2027 ultra-low NOx emissions standard and with an off-the-shelf current production one-box aftertreatment system. Testing in California achieved up to 10.8 mpg on a 389 mile delivery route averaging 10% better fuel economy than baseline with the advantage increasing to 22% on some routes. In February at Argonne National Laboratory, the Department of Energy began testing an API engine utilizing hydrogen combustion with compression ignition. The simplicity of this design enables an easier transition to hydrogen combustion over 4-stroke concepts. In joint testing with renewable diesel producer Neste, the already proven 10% greenhouse gas emissions (GHG) reduction of the OP engine was amplified when using R99. Testing resulted in 4-5% GHG emissions reduction compared to fossil diesel across all test cycles - the lowest GHG level API measured to-date. Benefits of the API engines include lower heat rejection, higher power density, and fewer moving parts for better reliability and increased fuel efficiency. Every stroke is a power stroke, providing optimal thermal efficiency. This matters to fleets for 2027 and beyond emissions regulations where thermal management impacts aftertreatment cost, simplicity and functionality. API technology is obtainable without the use of exotic materials, non-conventional manufacturing, or complex aftertreatment systems - making it a ‘now’ solution for the fleets. “API has demonstrated that its technology can be put into practical use without the added complexity, cost and reliability concerns associated with stretching conventional engines and emission systems to meet the future low NOx and CO2 limits, and without the need for a fleet to redesign routes around shorter-range vehicles and sparse refueling/recharging infrastructure,” said Dr. John Wall, Board of Directors, API and former Cummins CTO. “For fleets that ultimately want to reach zero-net-carbon emissions, including renewable diesel and hydrogen, the Achates technology is a good match." This architecture can be manufactured through sustainable assembly practices and with approximately 300 fewer parts compared to today’s 4-stroke engines. Materials can be procured through today’s supply chain efficiently supporting the manufacturing of this engine architecture without sourcing disruptions and constraints. Click Here for full press release.

05/20 06:16 EST - https://www.prnewswire.com
Aramco signs agreement with Pasqal to deploy first quantum computer in the Kingdom of Saudi Arabia
DHAHRAN, Saudi Arabia, May 20, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in the Kingdom of Saudi Arabia. The agreement will see Pasqal install, maintain, and operate a 200-qubit quantum computer, which is scheduled for deployment in the second half of 2025. Ahmad Al-Khowaiter, Aramco EVP of Technology & Innovation, said: "Aramco is delighted to partner with Pasqal to bring cutting-edge, high-performance quantum computing capabilities to the Kingdom. In a rapidly evolving digital landscape, we believe it is crucial to seize opportunities presented by new, impactful technologies and we aim to pioneer the use of quantum computing in the energy sector. Our agreement with Pasqal allows us to harness the expertise of a leading player in this field, as we continue to build state-of-the-art solutions into our business. It is also further evidence of our contribution to the growth of the digital economy in Saudi Arabia." Georges-Olivier Reymond, Pasqal CEO & Co-founder, said: "The era of quantum computing is here. No longer confined to theory, it's transitioning to real-world applications, empowering organisations to solve previously intractable problems at scale. Since launching Pasqal in 2019, we have directed our efforts towards concrete quantum computing algorithms immediately applicable to customer use cases. Through this agreement, we'll be at the forefront of accelerating commercial adoption of this transformative technology in Saudi Arabia. This isn't just any quantum computer; it will be the most powerful tool deployed for industrial usages, unlocking a new era of innovation for businesses and society." The quantum computer will initially use an approach called "analog mode." Within the following year, the system will be upgraded to a more advanced hybrid "analog-digital mode," which is more powerful and able to solve even more complex problems. Pasqal and Aramco intend to leverage the quantum computer to identify new use cases, and have an ambitious vision to establish a powerhouse for quantum research within Saudi Arabia. This would involve leading academic institutions with the aim of fostering breakthroughs in quantum algorithm development — a crucial step for unlocking the true potential of quantum computing. The agreement also accelerates Pasqal's activity in Saudi Arabia, having established an office in the Kingdom in 2023, and follows the signing of a Memorandum of Understanding between the companies in 2022 to collaborate on quantum computing capabilities and applications in the energy sector. In 2023, Aramco's Wa'ed Ventures also participated in Pasqal's Series B fundraising round. About Aramco Aramco is a global integrated energy and chemicals company. We are driven by our core belief that energy is opportunity. From producing approximately one in every eight barrels of the world's oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com About PASQAL Pasqal is a leading Quantum Computing company that builds quantum processors from ordered neutral atoms in 2D and 3D arrays to bring a practical quantum advantage to its customers and address real-world problems. Pasqal was founded in 2019, out of the Institut d'Optique, by Georges-Olivier Reymond, Christophe Jurczak, Professor Dr. Alain Aspect – Nobel Prize Laureate Physics, 2022, Dr. Antoine Browaeys and Dr. Thierry Lahaye. Pasqal has secured more than €140 million in financing to date. To learn more about Pasqal, visit www.pasqal.com. Disclaimer The press release contains forward-looking statements. All statements other than statements relating to historical or current facts included in the press release are forward-looking statements. Forward-looking statements give the Company's current expectations and projections relating to its capital expenditures and investments, major projects, upstream and downstream performance, including relative to peers. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target," "believe," "expect," "aim," "intend," "may," "anticipate," "estimate," "plan," "project," "can have," "likely," "should," "could," and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control that could cause the Company's actual results, performance or achievements to be materially different from the expected results, performance, or achievements expressed or implied by such forward-looking statements, including the following factors: global supply, demand and price fluctuations of oil, gas and petrochemicals; global economic conditions; competition in the industries in which Saudi Aramco operates; climate change concerns, weather conditions and related impacts on the global demand for hydrocarbons and hydrocarbon-based products; risks related to Saudi Aramco's ability to successfully meet its ESG targets, including its failure to fully meet its GHG emissions reduction targets by 2050; conditions affecting the transportation of products; operational risk and hazards common in the oil and gas, refining and petrochemicals industries; the cyclical nature of the oil and gas, refining and petrochemicals industries; political and social instability and unrest and actual or potential armed conflicts in the MENA region and other areas; natural disasters and public health pandemics or epidemics; the management of Saudi Aramco's growth; the management of the Company's subsidiaries, joint operations, joint ventures, associates and entities in which it holds a minority interest; Saudi Aramco's exposure to inflation, interest rate risk and foreign exchange risk; risks related to operating in a regulated industry and changes to oil, gas, environmental or other regulations that impact the industries in which Saudi Aramco operates; legal proceedings, international trade matters, and other disputes or agreements; and other risks and uncertainties that could cause actual results to differ from the forward-looking statements in this press release, as set forth in the Company's latest periodic reports filed with the Saudi Stock Exchange. For additional information on the potential risks and uncertainties that could cause actual results to differ from the results predicted please see the Company's latest periodic reports filed with the Saudi Stock Exchange. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which it will operate in the future. The information contained in the press release, including but not limited to forward-looking statements, applies only as of the date of this press release and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to the press release, including any financial data or forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law or regulation. No person should construe the press release as financial, tax or investment advice. Undue reliance should not be placed on the forward-looking statements. Aramco Contact Information: @aramco

04/30 17:31 EST - prnewswire.com
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2023
SHANGHAI , April 30, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 30, 2024 U.S. Eastern Time.

04/22 08:30 EST - businesswire.com
Lumentum Awarded Platinum EcoVadis Medal for Second Consecutive Year
SAN JOSE, Calif.--(BUSINESS WIRE)--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced that it has received the EcoVadis Platinum Medal for the second consecutive year, representing the highest level of recognition for sustainability performance. Lumentum remains in the top one percent of companies assessed by EcoVadis in the past year, increasing its overall score from 78 to 80 points. In the environmental.

04/04 20:26 EST - investorplace.com
Follow the Money into the Oil Patch
Our oil trade keeps working for us. In our February 9th Digest, we wrote “oil and gas stocks are setting up for another run that's going to make investors a hefty chunk of change.”

03/26 10:30 EST - seekingalpha.com
GreenTree Hospitality Group Ltd. (GHG) Q4 2023 Earnings Call Transcript
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03/25 23:06 EST - prnewswire.com
GreenTree Hospitality Group Ltd. Reports Fourth Quarter and Fiscal Year 2023 Financial Results
Total revenues increased by 3.2 % year over year to RMB 372.2 million (US$ 52.4 million) [1] . Income from operations was RMB 23.

03/18 10:00 EST - prnewswire.com
GreenTree to Report Fourth Quarter and Fiscal Year 2023 Financial Results After U.S. Markets Close on March 25, 2024
SHANGHAI , March 18, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, after U.S. markets close on Monday March 25, 2024.

03/05 03:22 EST - headlinesoftoday.com
Syngenta to Reduce Carbon Impact of Ocean Shipping with Maersk’s ECO Delivery
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