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Corporates Continue to Embed Sustainability in Core Business Strategies

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SHANGHAI, Oct. 24, 2024 /CNW/ — Amidst the evolving global energy landscape and a growing climate crisis, ESG-focused brands are playing a crucial role in creating a sustainable future. According to Thomson Reuters’ Mid-year status report, 53% of 600 middle-market CFOs have integrated or are in the process of integrating sustainability principles into their core business strategy. Authentic sustainability disclosure is increasingly vital for the long-term development of corporations. The latest assessment by Morgan Stanley Capital International (MSCI) highlights several companies that are improving their ESG ratings, with notable examples such as Sungrow, a renowned renewable energy brand, achieving an ‘AA’ rating for its steadfast commitment to sustainability. 

Over the years, Sungrow has marked many noteworthy milestones on the global stage, such as securing a substantial 7.8GWh grid-side energy storage order in Saudi Arabia and a significant 3GWh independent energy storage order in Australia. The brand is always at the forefront of revolutionizing the renewable energy landscape with a steadfast commitment to technological innovation. The ESG achievement underscores the brand’s dedication to sustainable growth in businesses and sound climate actions towards a greener world.

The MSCI ESG assessment wields significant sway among investors globally, offering a thorough assessment of ESG practices of over 8,500 publicly listed companies worldwide. Meanwhile, the sustainable development practices of Sungrow have also been recognized by international organizations such as S&P Global and Boston Consulting Group (BCG) in recent years.

Highlights in ESG

According to the MSCI analysis, Sungrow is strongly aligned with the 4 Sustainable Development Goals (SDGs), including affordable and clean energy, industry, innovation and infrastructure, responsible consumption and production, and climate action. Furthermore, an Implied Temperature Rise of between 1.5 and 2.0°C indicates that the brand is in line with the Paris Agreement’s long-term goal of limiting global mean temperature increase to below 2°C pre-industrial levels.

As per the sustainability report released at the end of 2023, the company reached a renewable energy usage rate of 55%, marking a significant increase. The energy consumption per unit of product production decreased by 6.75% compared to 2020, showcasing notable progress in sustainability efforts. Leveraging both technological and managerial energy-saving strategies, the company saved over 1300MWh of electricity throughout the year. Notably, Sungrow clinched the top spot among the top 10 constituents in the MSCI China A Onshore IMI Efficient Energy Index as of September 30th.

Journey to a greener world

Embracing the philosophy of “Green Mission, Better Life”, Sungrow focuses on clean energy, continuously bridging the green ecosystem and better life. The brand has crafted a sustainable development blueprint that concentrates on its key sectors of expertise.

Clarify five sustainability strategic objectives

The Company actively promotes the five strategic goals of Excellent Governance, Towards Net Zero, Eco-friendly Development, Mutually Beneficial Collaboration, and Diversity and Inclusion.

Formulate a multi-level strategic goal system

From a global perspective, Sungrow began benchmarking against seventeen SDGs in 2019. The company identified those most closely aligned with its business attributes and resource capabilities as key areas for sustainable and responsible operations, as well as crucial for ESG information disclosure. Notably, Sungrow has refined its focus from the initial twelve SDGs to the current ten. This adjustment not only reflects the ongoing evaluation of the SDGs but also underscores a clear strategic direction. Furthermore, the company effectively identifies strategic objectives and outcomes while integrating short-, medium-, and long-term goals to create a robust strategic framework.

Earlier this year, Sungrow unveiled its ESG objectives leading up to 2048, marked by a series of ambitious milestones, including pledging to achieve operational carbon neutrality by 2028, extending this commitment to its supply chain by 2038, and ultimately attaining net-zero status across its supply chain by 2048. Notably, 96.79% of its suppliers signed the Supplier Code of Conduct in 2023. These efforts underscore Sungrow’s proactive approach to driving its suppliers and the broader industry towards a greener, low-carbon future.

Recent hurricane disasters in America and flooding in central and eastern European nations have garnered significant attention, highlighting the intricate connection between extreme weather events and climate change. Urgent action is needed to accelerate global climate action and the energy transition under the green consensus, where economical green energy will play a pivotal role. The theme for the upcoming COP29 in November is ‘In Solidarity for a Green World.’ Companies in the renewable energy sector, such as Sungrow, that prioritize ESG are making significant strides in combating climate change and facilitating a just energy transition for the world.

CONTACT: Mina Zhang, mina.zhang@cn.sungrowpower.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/corporates-continue-to-embed-sustainability-in-core-business-strategies-302285895.html

SOURCE Sungrow Power Supply Co., Ltd.

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KNEX Technology CTO Gustavo Gonzalez Elected 2025 President-Elect of OATUG

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January 11, 2025

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Gustavo Gonzalez, KNEX Technology’s CTO, has been elected 2025 President-Elect of OATUG, emphasizing his dedication to Oracle innovation, collaboration, and leadership, including Ascend 2025’s strategic initiatives.

IRVINE, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — KNEX Technology, a leading Oracle Cloud solutions provider, is proud to announce that its Chief Technology Officer, Gustavo Gonzalez, has been elected as the 2025 President-Elect of the Oracle Applications & Technology Users Group (OATUG). This esteemed appointment highlights Gonzalez’s longstanding commitment to advancing innovation and collaboration within the Oracle community.

OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career. As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.

In his new role, Gonzalez will work closely with the OATUG leadership team throughout 2025, preparing to serve as OATUG President in 2026. He will focus on empowering Oracle professionals worldwide by fostering knowledge-sharing, community engagement, and professional development. OATUG, a globally recognized organization, supports its members in overcoming challenges, enhancing the value of Oracle solutions, and driving organizational success.

“OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career,” said Gustavo Gonzalez. “As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.”

Gonzalez’s election underscores his dedication to giving back to the Oracle ecosystem. A key focus of his role will include shaping OATUG’s strategic initiatives, such as the annual Ascend Conference, which unites Oracle users, thought leaders, and technology innovators for unparalleled learning and networking opportunities.

The upcoming Ascend 2025 Conference, scheduled for June 8–11 in Orlando, Florida, promises to build on the success of the 2024 event, which attracted more than 1,800 attendees. With early bird registration now open, Gonzalez aims to ensure the conference continues to deliver transformative insights and experiences for the Oracle community.

About OATUG

The Oracle Applications & Technology Users Group (OATUG) is the premier global organization for Oracle users, providing year-round education, networking, and advocacy. OATUG empowers its members to unlock the full potential of Oracle solutions, fostering innovation and collaboration across industries.

About KNEX Technology

KNEX Technology is a trusted leader in Oracle Cloud solutions, delivering cutting-edge products and services to help businesses achieve their objectives. Through its innovative approach and customer-focused strategies, KNEX enables organizations to navigate the complexities of today’s technology landscape. For more information, visit www.knextech.com.

Media Contact

Husna Gyasi, KNEX Technology, 1 (949) 232-0786, husna.ghayaisi@knextech.com, https://knextech.com/

Twitter, LinkedIn

View original content:https://www.prweb.com/releases/knex-technology-cto-gustavo-gonzalez-elected-2025-president-elect-of-oatug-302347693.html

SOURCE KNEX Technology

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Dr. Gerard van Belle Appointed Director of Science at Lowell Observatory, Charting a Bold Future for Research

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2 hours ago

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January 11, 2025

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Dr. van Belle to guide scientific exploration and foster innovation in the next era of astronomical research

FLAGSTAFF, Ariz., Jan. 10, 2025 /PRNewswire/ — Lowell Observatory is pleased to announce the appointment of Dr. Gerard van Belle as the new Director of Science. Van Belle, who has been an astronomer at the observatory since 2011, has been serving as the interim Director of Science.

In his new role, van Belle will lead a diverse team of astronomers and planetary scientists. He will spearhead the observatory’s new Science Vision, which focuses on advancing research capabilities and implementing cutting-edge technological improvements supporting Lowell’s leadership in astronomical research.

Under his leadership, the science department will continue to advance Lowell Observatory’s mission to pursue the study of astronomy, including the study of our solar system and its evolution, and to conduct pure research in astrophysical phenomena.

Van Belle’s own research focuses on fundamental stellar parameters, including the sizes, shapes, masses, distances, and temperatures of various types of stars. He is also renowned for his expertise in optical and near-infrared astronomical interferometry.

He earned his bachelor’s degree in physics from Whitman College in 1990, followed by a master’s degree from The Johns Hopkins University in 1993, and a Ph.D. in physics from the University of Wyoming in 1996.

Throughout his career, van Belle has been instrumental in the development and commissioning of major optical interferometers worldwide, including the Palomar Testbed Interferometer, the Keck Interferometer, and the Very Large Telescope Interferometer. His pioneering work in stellar surface imaging earned him the inaugural Edward Stone Award for Outstanding Research Publication at NASA’s Jet Propulsion Laboratory in 2002.

In 2011, van Belle joined Lowell Observatory’s science staff, where he applied high-resolution astronomical techniques to detect nearby exoplanets and map stellar surfaces. He served as the Director of the Navy Precision Optical Interferometer (NPOI) in Flagstaff, Arizona, from 2017 to 2018, and subsequently as its Chief Scientist until 2022.

Notably, van Belle was among the astronomers who voted against the definition of ‘planet’ advanced during the 2006 International Astronomical Union (IAU) conference in Prague, which relegated Pluto to being a ‘dwarf planet’ (which according to the IAU resolution is not a planet).

His extensive experience and dedication to advancing astronomical research make him a valuable leader for Lowell Observatory’s scientific endeavors.

“I am honored to take on this role at such a pivotal time for Lowell Observatory,” said van Belle. “Our Science Vision will guide us in exploring new frontiers in astronomy while strengthening our commitment to public engagement and education.”

Executive Director Dr. Amanda Bosh expressed her confidence in van Belle’s leadership: “Gerard’s extensive experience and dedication to our mission make him the ideal person to lead our scientific endeavors. I look forward to working closely with him as we embark on this exciting new chapter for Lowell Observatory.”

For more information about Lowell Observatory’s research and public programs, visit lowell.edu.

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts more than 100,000 visitors annually for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dr-gerard-van-belle-appointed-director-of-science-at-lowell-observatory-charting-a-bold-future-for-research-302348440.html

SOURCE Lowell Observatory

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ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

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3 hours ago

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January 10, 2025

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NEW YORK, Jan. 10, 2025 /PRNewswire/ — MSG Networks released the following statement about their dispute with Altice USA:

“Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers. They also just dropped WPIX Channel 11 in New York and other local stations around the country. If you have been waiting, like we have, for them to do right by their customers – don’t wait any longer. Now is the time to switch to Verizon Fios who has a special offer for Optimum subscribers. Meanwhile, Optimum has been charging their over 1 million customers for local sports programming they have not been receiving and EVERY subscriber should be credited at least $10 a month.

Verizon Fios is ready to take your business. If you are not in Verizon Fios area, you can get games through these other providers DirecTV, DirecTV Stream, Fubo and The Gotham Sports App. For more options on how to switch providers, visit www.keepMSG.com.”

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation’s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact:

Dan Schoenberg (dan.schoenberg@msg.com)

View original content to download multimedia:https://www.prnewswire.com/news-releases/altice-usa-is-abandoning-local-sports-fans-and-is-keeping-msg-networks-and-its-knicks-rangers-islanders-and-devils-coverage-off-the-air-302348428.html

SOURCE Sphere Entertainment Co.

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