Technology

USI Releases its Climate and Nature Risk Management Report

Published

2 hours ago

September 29, 2024

SHANGHAI, Sept. 30, 2024 /PRNewswire/ — In a decisive move to combat climate change and uphold the principles of the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework, USI (SSE: 601231) released its 2023 Climate and Nature Risk Management Report. This follows the company’s inaugural TCFD Report in 2021. The latest report, structured around the TCFD and TNFD frameworks, provides a comprehensive overview of USI’s governance, strategy, risk management, and metrics and targets related to climate adaptation and biodiversity conservation.

The conclusion of the United Nations Climate Change Conference (COP28) in December 2023 marked a significant agreement to drastically reduce emissions. USI reaffirms its commitment to the Paris Agreement’s goals, embedding environmental sustainability into its core operations through its Environment, Health, Safety & Energy Policy. The company actively participates in the CDP and SBT initiatives, setting and promoting ambitious carbon reduction targets. Notably, USI’s facilities in Mainland China, Mexico, and Vietnam are now powered entirely by renewable energy, and all major facilities worldwide have achieved third-party ISO 14064-1 verification for their greenhouse gas emissions. USI is also accelerating its R&D efforts to develop low-carbon products, increasing the share of clean tech and eco-design products, with long-term goals of using 100% renewable energy in all manufacturing facilities by 2035 and achieving net-zero carbon emissions by 2040.

In 2023, USI demonstrated its commitment to biodiversity conservation by announcing its Biodiversity and No Deforestation Commitment and implementing a biodiversity risk assessment system, aiming for a Net Positive Impact by 2050. Since 2013, USI has invested in afforestation projects to combat desertification in Inner Mongolia and Ningxia, gradually restoring local biodiversity. The latest ecological surveys report 47 species in Inner Mongolia and 14 species in Ningxia, indicating stabilizing sand, a balancing ecosystem, and early signs of recovery. By the end of 2023, USI had planted 151,482 trees covering 97.91 hectares, capturing 729.44 metric tonnes of CO2e and conserving approximately 134,332.52 metric tonnes of water annually.

USI remains steadfast in its mission to build a sustainable environment, uphold social responsibility, and pursue sustainable governance, contributing to the planet’s sustainable development.

About USI (SSE: 601231)

USI, Universal Scientific Industrial (Shanghai) Co., Ltd., is a global leader in electronic design and manufacturing as well as a leader in the field of SiP (System-in-Package) technology. With Asteelflash and Hirschmann Car Communication, USI has 30 production and service locations across four continents of Asia, Europe, the Americas, and Africa, and offers customer diversified electronic products with D(MS)2 services: Design, Manufacturing, Miniaturization, Industrial software, and hardware Solutions, and material procurement, logistics and maintenance Services. USI is a subsidiary of ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX). To learn more, please visit www.usiglobal.com and engage with us on LinkedIn and YouTube.

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SOURCE UNIVERSAL SCIENTIFIC INDUSTRIAL (SHANGHAI) CO., LTD

Technology

MOAJ Holding invests $30M in Joint Venture with MediSun Energy to Tackle Water Scarcity and Brine Challenges in Saudi Arabia

Published

5 mins ago

September 30, 2024

SINGAPORE, Sept. 30, 2024 /PRNewswire/ — MediSun Energy and MOAJ Holding are pleased to announce the formation of MediSun Arabia, a joint venture designed to drive innovative energy solutions and tackle water scarcity in Saudi Arabia. As part of this strategic partnership, MOAJ Holding will invest USD 30 million to establish a cutting-edge manufacturing facility and co-develop a Saudi Brine Management Program with MediSun Energy.

The venture will include the construction of a manufacturing hub to produce MediSun’s WEGen stacks, critical components supporting renewable energy projects across the region. This facility will boost local industrial capabilities and play a central role in Saudi Arabia’s renewable energy transition, aligning with Saudi Vision 2030. Additionally, MOAJ Holding will be the exclusive distributor of MediSun Energy’s technologies throughout the Gulf Cooperation Council (GCC), expanding MediSun’s footprint in the Middle East.

Together, the partners will spearhead the Saudi Brine Management Program in collaboration with a leading academic institution renowned for its desalination research. This ambitious R&D initiative aims to address the environmental challenges of desalination brine by developing cutting-edge treatment technologies aligned with Saudi Arabia’s sustainability goals.

Dusun Kim, CEO of MediSun Energy, commented, “This joint venture marks a significant milestone for MediSun Energy as we expand operations in Saudi Arabia. Our WEGen technology, which harnesses Reverse Electrodialysis (RED) to efficiently convert saltwater into electricity, will play a key role in advancing Saudi Arabia’s sustainability targets by generating clean energy and reducing consumption. With MOAJ as our partner in the GCC, we look forward to a long-term partnership that drives meaningful impact.”

HE Mohammed N. Al Jasser, Founder of MOAJ Holding, added, “We are excited to partner with MediSun Energy in this transformative joint venture. Our shared vision for advancing sustainable energy and water management in Saudi Arabia highlights the significance of this collaboration. MediSun’s WEGen technology, which enhances energy efficiency while producing clean power, is aligned with the region’s sustainability goals. Together, we are dedicated to delivering these innovative solutions to the broader Middle East market.”

This joint venture positions both MOAJ and MediSun as key players in addressing the region’s water and energy challenges, aligned with Saudi Arabia’s Vision 2030 for a sustainable future.

About MediSun Energy

MediSun Energy is a technology-driven company focused on providing innovative, clean energy solutions. Its flagship WEGen technology leverages osmotic power to enhance energy efficiency in water desalination and renewable energy generation. Committed to a net-carbon neutral future, MediSun delivers sustainable, practical solutions that align with the global vision for a greener planet.

About MOAJ Holding

MOAJ Holding is a leading investment group with a focus on sustainable development across key sectors including energy, technology, and infrastructure. In line with Saudi Arabia’s Vision 2030, MOAJ invests in transformative projects that promote economic diversification and environmental sustainability.

For more information, visit www.medisun.energy or write to info@medisun.energy. You can also follow MediSun on LinkedIn.

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SOURCE MediSun Energy

Technology

Casio to Release New Analog G-SHOCK with Octagonal Bezel and Chronograph Dial

Published

5 mins ago

September 30, 2024

Full-Metal Model in the Slim and Popular 2100 Style

TOKYO, Sept. 30, 2024 /PRNewswire/ — Casio Computer Co., Ltd., announced today the release of the latest addition to the G-SHOCK family of shock-resistant watches. The new analog full-metal GMC-B2100 is a chronograph timepiece in the 2100 Style, which is known for its iconic octagonal bezel.

With the 2019 release of the first 2100 Style watch — the GA-2100 digital-analog combination model — Casio presented a contemporary interpretation of the very first G-SHOCK. Known for its distinctive octagonal bezel and slim, stylish design, the 2100 Style has been proven popular around the world.

The new GMC-B2100 is a shock-resistant watch that boasts a full-metal octagonal bezel and three functional inset dials, for a bold, fully analog face design.

For this chronograph model with metal exterior and analog face, the band and the bezel’s top surface feature a refined hairline treatment, while the subtly sloped bezel sides have been given a beautifully polished mirror finish. The indexes and inset dials are crafted using intricate fine processing technologies and finished with vapor deposition, not only delivering a high-quality texture but also ensuring excellent readability. The iconic octagonal design motif of the 2100 Style is incorporated into the inset dial ring in the 9 o’clock position as well as the screw-down crown, adding a powerful sense of presence to the full-metal form of the watch.

The new watch delivers practical utility, as well. The GMC-B2100 comes with the Tough Solar charging system, which effectively converts light from the sun and indoor light sources to power the watch, eliminating the need to regularly replace the battery. It is also equipped with the Mobile Link feature* for accurate timekeeping display and easy setting of alarms, world time and other functions when paired with a smartphone via Bluetooth®.

* Requires downloading the dedicated CASIO WATCHES app.

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View original content:https://www.prnewswire.co.uk/news-releases/casio-to-release-new-analog-g-shock-with-octagonal-bezel-and-chronograph-dial-302254269.html

Technology

Why Are Multinational Corporations Confident of Chinese Market?

Published

5 mins ago

September 30, 2024

BEIJING, Sept. 30, 2024 /PRNewswire/ — Finding Answers in China from China.org.cn:

As global economic uncertainties linger, multinational corporations are eyeing promising opportunities in China. What makes China a magnet for these companies? How are they adapting to the fast-paced changes in the market? In today’s episode of “Finding Answers in China“, Yoon Doson, CEO of CJ China, tells why he remains confident of the future in China.

Why Are Multinational Corporations Confident of Chinese Market?
https://youtu.be/AEv0m0avnGY

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SOURCE China.org.cn