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Montrose Environmental Group Releases 2023 Sustainability Report Executive Summary

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LITTLE ROCK, Ark. , July 2, 2024 /PRNewswire/ — Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today released its 2023 Sustainability Report Executive Summary highlighting key accomplishments in the Company’s sustainability journey and celebrating innovations creating impact across the globe.  

The 2023 Sustainability Report Executive Summary focuses on Montrose’s sustainability approach, the impact of environmental solutions provided and Montrose’s own environmental performance.

“I take great pride in our team’s work to advance our sustainability journey in 2023 along with the contributions we have made to protecting our shared environment,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group. “At the center of our own sustainability practices and the cutting-edge solutions we provide clients is innovation. We have accelerated our research and development efforts to better prepare for and overcome the challenges of today, tomorrow and the future.”

The Executive Summary celebrates the Company’s 2023 accomplishments including:

Submitting near-term GHG reduction targets for validation by the Science-Based Target Initiative (SBTi);Establishing two new Employee Resource Groups; andExpanding the Company’s cybersecurity team and completing over 4,700 hours of cybersecurity training across the organization.

Additionally, the application of innovative solutions resulted in meaningful impact in 2023, including:

184,808 million British thermal units (MMBtu) of renewable natural gas (RNG) generated through the application of our biogas technology;62,320 leak detection and repair (LDAR) survey workdays and 47,384 methane (CH4) emission leaks detected through the application of LDAR survey work;20 patent applications submitted, 19 patents issued/allowed, and 33 pending;4+ billion gallons of water treated for per- and polyfluorinated substances (PFAS), resulting in 4,071 pounds of PFAS removed from the environment globally; and63 million gallons of water treated for non-PFAS contaminants.

Read Montrose’s 2023 Sustainability Report Executive Summary to learn more about the Company’s sustainability achievements and innovative advancements.

About Montrose

Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today, and prepare for what’s coming tomorrow. With ~3200 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com.

Forward‐Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as “intend,” “expect”, and “may”, and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management’s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company’s control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.

Contacts

Montrose

Investor Relations:
Rodny Nacier
(949) 988-3383
ir@montrose-env.com

Media Relations:
Sarah Kaiser
(225) 955-1702
pr@montrose-env.com

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SOURCE Montrose Environmental Group, Inc.

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Reliable Link: Pioneering a New Era of Reliable Connectivity for Everything

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HONG KONG, Dec. 24, 2024 /PRNewswire/ — In this era where everything is connected, reliable communication networks have become more than just a service provided by operators; they are the key to linking the entire ecosystem of devices. Breaking down barriers between terminal equipments, allowing every corner and every device to be ‘reliably connected anytime, anywhere,’ is not only a technological breakthrough but also a beautiful vision for the future way of life. GrowthEase, in partnership with China Telecom, has brought together a top-tier team of communication technology experts to co-develop the “Reliable Link” project. Centered around the three core principles of “Reliability, Openness, and Ubiquity,” this project utilizes innovative communication technologies to integrate advanced cloud-network capabilities into various ubiquitous terminal devices such as drones, smart cameras, smart speakers, and smart locks. This aims to break the traditional constraints of terminal forms and capabilities, ushering in a new era of reliable communication connectivity. Leveraging the open capabilities provided by GSMA Open Gateway, and relying on the high-quality global network nodes deployed by NetEase Zhiqi and China Telecom, this project ensures end-to-end latency for audio and video calls remains within 200ms, guaranteeing 99.9% lag-free call experiences. Through highly reliable connectivity services, the project prioritizes the quality and security of connections and transmission in any environment, realizing “reliable connectivity anytime, anywhere” across all types of ubiquitous terminal devices.

Specifically, the Reliable Link project, through the Reliable-link AS platform and the Reliable-link applet, allows users to remotely control terminals like drones during a mobile voice call. For example, in the drone inspection scenario, Reliable Link can retrieve real-time flight routes, and with the Geofencing feature, set up electronic fences to ensure the drone stays within a safe area. When the drone detects a hazardous behavior, such as smoking, the system automatically triggers an alert and reports the location. Reliable Link combines VoLTE capabilities to initiate a video call to regional managers’ mobile phones, promptly pushing the alert information. Through Dev Loc verification and Location retrieval, the drone’s position is confirmed. Once the manager answers the video call, the QOD feature ensures high-quality video transmission, allowing the manager to issue control commands in real time through the call interface to control the drone’s flight. This not only ensures network reliability but also brings more efficient cross-terminal communication and smarter device management, making interactions between different devices smoother and more convenient, truly realizing “seamless connectivity” across ubiquitous terminal devices.

The Reliable Link Drone Communication Connectivity Project tightly integrates drones with the PaaS communication infrastructure, empowering drones with high-reliability, high-quality communication transmission capabilities. This drives upgrades and innovation in the drone industry, contributing to the prosperity of the low-altitude economy. Looking ahead, Reliable Link will continue to innovate and collaborate with ecosystem partners, establishing industry benchmarks. From connecting everything to empowering countless industries, the project aims to create a new landscape for reliable communication applications, enabling the thriving development of industries worldwide.

View original content:https://www.prnewswire.com/apac/news-releases/reliable-link-pioneering-a-new-era-of-reliable-connectivity-for-everything-302338544.html

SOURCE China Telecom

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BeyondTrucks Streamlines EDI Transaction Management Processes with Orderful Partnership

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BeyondTrucks and Orderful solution brings EDI workflow into an updated, intuitive and timesaving format for trucking companies

SAN MATEO, Calif., Dec. 23, 2024 /PRNewswire-PRWeb/ — BeyondTrucks, a transportation management system provider that delivers streamlined operations to private and specialty fleets through a connected and configurable platform, has announced a partnership with Orderful to embed their Electronic Data Interchange (EDI) Platform in the company’s multi-tenant SaaS Transportation Management System (TMS).

BeyondTrucks’ commitment to simplifying fleet operations aligns perfectly with Orderful’s mission to modernize EDI.

“EDI of the past is opaque, time-consuming, expensive and just simply outdated,” said Hans Galland, chief executive officer at BeyondTrucks. “Now with Orderful as our partner, our customers can elect to use the Orderful portal to manage EDI transactions in a rapid intuitive manner for all transactions and all trading partners. We are eliminating the need for a custom integration into BeyondTrucks with each and every partner.”

Embedded in the BeyondTrucks TMS, the Orderful EDI Platform seamlessly builds EDI connections between shippers and carriers by converting EDI data via an API. The integration provides users with real-time data synchronization, instant visibility, automated compliance checks, and intuitive error handling.

BeyondTrucks is also offering their fleet customers access to the Orderful portal for visibility into EDI data from shippers. The optional capability provides an interface where fleets can see when shippers make changes to load information but don’t communicate them or they are not passed through to the TMS. The carrier can then respond manually to avoid loads being missed or the shipper being poorly serviced.

“BeyondTrucks’ commitment to simplifying fleet operations aligns perfectly with Orderful’s mission to modernize EDI,” said Jonathan Kish, chief revenue officer at Orderful. “By embedding our platform, BeyondTrucks customers gain real-time visibility and faster connections, eliminating the headaches of traditional EDI and enabling them to operate more efficiently.”

The BeyondTrucks flexible, multi-tenant SaaS solution combines system integrations, proprietary modules, and adaptable configurations in a seamless platform to unify data and workflows for automation and optimization of fleet operations. Advanced capabilities of the cloud-based platform include order intake automation, smart load planning, dispatch communication, configurable driver workflows, and flexible automation of invoicing and driver payroll.

About Orderful

Orderful is the modern EDI Platform revolutionizing how logistics providers, retailers, manufacturers, and technology companies manage their EDI trading partnerships and transactions in real-time. Its simplified integrations, pre-connected network, and user-friendly self-service approach minimize errors with customers onboarding new partners. Orderful has been recognized as a best-in-class EDI provider by industry leaders like G2 and SourceForge. To learn more, visit https://www.orderful.com/.

About BeyondTrucks

San Francisco, California-based BeyondTrucks is the provider of a configurable and connected multi-tenant SaaS Transportation Management System (TMS). The SOC2-compliant software allows specialty and private fleets to replace legacy TMS, add-on solutions, and fragmented manual processes with a modern platform that creates seamless workflows driven by unified data. Designed to handle the complexities of large specialty and private fleets, the highly configurable BeyondTrucks platform achieves deeper levels of adoption and intelligent automation fleets to make fleet operations smarter, simpler, and stronger. With the multi-tenant platform, fleets also benefit from more efficient integrations into other fleet technology providers so that all parts of a fleet are always in sync. For more information, visit http://www.beyondtrucks.com.

Media Contact

Susan Fall, Launchit PR, 6198909415, susan@launchitpr.com, www.launchitpr.com

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SOURCE BeyondTrucks

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GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone

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GDIN CEO Jongkap Kim: “By matching technology needs with local markets, we create long-lasting joint ventures with multiple exit opportunities.”

SEOUL, South Korea, Dec. 23, 2024 /PRNewswire/ — Global Digital Innovation Network (GDIN), led by CEO Jongkap Kim, proudly announced the major achievements of its 2024 Joint Venture Program. This program, which supports the establishment of joint ventures between South Korean companies and international partners, is designed to lower market entry barriers and create sustainable growth opportunities through local collaborations.

Since the launch of the program in 2021, GDIN has supported the establishment of 44 joint ventures across various regions. This year alone, 10 joint ventures were successfully launched in 8 countries including the United States, Canada, Japan, India, Singapore, Vietnam, UAE, and Uganda.

The Joint Venture Program was created to address a common challenge faced by early-stage tech companies: while they may have products and services that meet market demand, they often lack the resources and workforce to enter international markets. Through this program, GDIN helps companies increase their chances of success by facilitating strategic market entry via local partnerships.

In addition to the 44 joint ventures established so far, 47 partnership agreements are in the pipeline for future joint ventures. The program’s success is largely attributed to GDIN’s extensive global network of partners, which includes government organizations, multinational corporations, and international agencies such as the World Bank, Central American Bank for Economic Integration (CABEI), Inter-American Development Bank (IDB), Investment Turkey etc. GDIN has organized multiple technology matching and investor relations events to introduce Korean companies and their innovative technologies to potential international partners.

At the year-end performance report event, held on December 19, GDIN recognized companies that successfully established joint ventures. Changsoft I&I, a digital construction management system company, was highlighted for its success in establishing joint ventures in Japan and Vietnam. CFO Jongeun Park of Changsoft I&I shared, “We were facing stagnating revenue growth, and expanding into new markets was critical. With GDIN’s support, we were able to establish joint ventures in Japan and Vietnam, allowing us to tailor our products to local market needs.”

Other companies that successfully established joint ventures in 2024 include Medicos Biotech, Bloomsbury Lab, Arbaim, Eucast, Pixelro, Hansol root one, Eco-Peace, and IESG.

GDIN CEO Jongkap Kim commented, “Unlike simple joint investments or distribution networks, these technology-driven joint ventures are based on market demand, ensuring their long-term sustainability. If these joint ventures achieve success in the local markets and even go public, they could offer multiple exit opportunities, creating a strong growth model for all involved.”

About GDIN 

Global Digital Innovation Network (formerly known as Born2Global Centre), registered under the Ministry of Science & ICT, is an independent foundation that promotes and fosters collaboration between next-level innovative companies from South Korea and the world.

Since 2013, we have established over 160 international partnerships, supported over 3,000 tech companies, conducted over 20,000 consulting services, and helped companies raise $3.6 billion USD in investments.

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SOURCE GDIN

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