The Subnational Climate Fund (SCF) is going to provide technical grant support to Loliware’s plastic-free initiative in Central America – an initiative at the intersection of plastic pollution, blue economic development, and climate change mitigation.

SAN JOSE, Calif., Dec. 18, 2024 /PRNewswire-PRWeb/ — The Subnational Climate Fund (SCF) is going to provide technical grant support to Loliware’s plastic-free initiative in Central America – an initiative at the intersection of plastic pollution, blue economic development, and climate change mitigation. The project aims to replace conventional plastic with Loliware’s seaweed-based resins, which are regenerative, carbon-capturing, and entirely biobased. The project addresses both plastic waste and environmental challenges practically and sustainably.

Loliware is partnered with a leading family-owned manufacturing company in Guatemala for the project site. Guatemala is the largest economy in Central America and has already made significant strides towards sustainable development. With a GDP of approximately $84 billion, the country has implemented the Climate Change Framework Law, which supports the Low Emission Development Strategy (LEDS). This strategy aims to cut greenhouse gas emissions by 59% by 2050. It targets six key sectors: energy, transportation, industry, land use, agriculture, and waste management. This foundation enables more innovative projects like Loliware’s to contribute to and achieve the United Nations’ Sustainable Development Goals (SDGs).

And like Loliware, Guatemala is already working towards a plastic-free future. In 2019, the government implemented a nationwide ban on single-use plastics like bags, straws, and food containers, requiring businesses to transition to compostable materials. However, despite this progress, challenges such as limited waste management infrastructure and open burning of plastics in rural areas persist, posing serious environmental and health risks.

Loliware, with the technical assistance support from the Subnational Climate Fund (SCF), is advancing solutions to address these challenges with the introduction of seaweed-based resins—regenerative biomaterials made with ocean-farmed seaweed, that are both backyard compostable and biorenewable. Beyond reducing plastic waste, this initiative supports coastal resilience, empowers women through job creation, and strengthens local economies, aligning with Guatemala’s sustainability goals.

“We are honored to join forces with the extraordinary families and manufacturing communities in the region. Loliware’s initiative marks the beginning of a long-term collaboration, and we are fully dedicated to driving meaningful and enduring positive impact. By introducing regenerative seaweed materials, we hope to end plastic pollution and safeguard the Rio Motagua for future generations.” – Sea Briganti, Founder & CEO, Loliware

Guatemala marks just the beginning. Over the next three years, Loliware intends to collaborate with six more plastics manufacturers across Central America. This effort highlights the region’s potential to emerge as a global leader in advancing the green economy and promoting technological innovation.

About SCF

The Subnational Climate Finance initiative (SCF) invests in subnational climate-smart infrastructure projects incorporating nature-based solutions including sustainable energy, waste and water management, urban development solutions and sustainable agriculture. The SCF Initiative consists of an investment fund managed by Pegasus Capital Advisors and a Technical Assistance Facility executed by Catalytic Finance Foundation, the International Union for Conservation of Nature and Gold Standard.

About Loliware

Established in 2016, Loliware is a materials innovation company utilizing AI to develop materials to replace single-use plastics with seaweed-based alternatives. Our groundbreaking SEA Technology® Resins present a sustainable solution with endless potential. Compatible with existing plastic manufacturing equipment, they enable the production of home-compostable, circular products that aid in Earth’s regeneration. Loliware’s current line of award-winning seaweed-based bio-resins matches conventional plastics’ performance, addressing the issue of microplastics and promoting nature-based carbon sequestration. SEA Technology® Resins have been successfully validated by leading manufacturers, compounders, and brands globally and are available for licensing.

Media Contact

Loliware Press Team, Loliware Inc., 1 (408) 960-3807, press@loliware.com, www.loliware.com 

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SOURCE Loliware Inc.

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MONTRÉAL, Dec. 18, 2024 /PRNewswire/ – CGI (TSX: GIB.A) (NYSE: GIB) has filed with the securities regulators in Canada and in the United States its Management Proxy Circular for its Annual General Meeting of Shareholders to be held virtually on January 29, 2025.

CGI has also filed its 2024 Annual Information Form with the Canadian securities regulators, as well as with the U.S. Securities and Exchange Commission as part of its Annual Report on Form 40-F, which also includes its previously-filed Fiscal 2024 Results.

An electronic version of CGI’s 2024 annual filings, including its Management Proxy Circular, Annual Information Form and Annual Report on Form 40-F, are available on CGI’s website at www.cgi.com/investors.

Notice and Access
CGI uses the Notice and Access rules adopted by Canadian securities regulators to reduce the volume of paper in the materials distributed for the Annual General Meeting of Shareholders. For the purposes of the Notice and Access process, the Management Proxy Circular and other relevant materials are available here and on the Canadian Securities Administrators’ website at www.sedarplus.ca.

Mailing
CGI has delivered its meeting materials to the appropriate parties for mailing to registered shareholders and beneficial owners prior to its Annual General Meeting of Shareholders. However, as Canadian postal services have only recently resumed following the return to work of the Canadian Union of Postal Workers after a national strike, it is possible that delivery of meeting materials may be delayed and that certain shareholders may not receive the materials prior to the meeting. Shareholders are encouraged to access an electronic version of meeting materials, which are available here, on the Canadian Securities Administrators’ website www.sedarplus.ca or on CGI’s website at www.cgi.com/investors.  

Registered shareholders and non-objecting beneficial owners may request a paper copy of the materials by calling Computershare Investor Services Inc. toll free at 1-866-962-0498 (Canada and U.S.) or +1-514-982-7555 (international) and entering the control number indicated on the form of proxy or voting instruction form they received with the Notice of Meeting. Objecting beneficial owners may request a paper copy of the materials by calling Broadridge Investor Communications Corporation toll free at 1-877-907-7643 (Canada and U.S., in English or French), at +1-303-562-9306 (international, in French), or at +1-303-562-9305 (international, in English) and entering the control number indicated on the voting instruction form they received with the Notice of Meeting. To ensure that materials are received in advance of the voting deadline and meeting date, all requests for paper copies of meeting materials must be received no later than January 15, 2025.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,250 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is $14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

View original content:https://www.prnewswire.com/news-releases/cgi-files-2024-annual-disclosure-documents-302335541.html

SOURCE CGI Inc.

SYDNEY and NEW YORK, Dec. 18, 2024 /PRNewswire/ — TransPerfect Legal, a global leader in legal technology, AI, and advisory services, has been named a top eDiscovery provider in Australasian Lawyer and New Zealand Lawyer’s 2024 Service Provider Awards.

In evaluating nominees, judges considered excellence in service delivery, innovation, and demonstrated commitment to research and development. This is the third consecutive year TransPerfect Legal has been recognised by Australasian Lawyer as a leading eDiscovery service provider.

TransPerfect’s first Australian office opened in Sydney in 2007, with a dedicated TransPerfect Legal support team, servers, and forensic lab added in 2019. Rapid growth followed and with the high demand for its services in Australia, the company later added a Melbourne office.

“To be recognised for a third consecutive year is a testament to our local support team and our amazing clients, and I am deeply grateful for both,” remarked Tom Balmer, Director, APAC, TransPerfect Legal.

Phil Shawe, TransPerfect President and Co-CEO, stated, “This award shines a light on our team’s technical expertise and steadfast commitment to clients in Australia and New Zealand.”

About TransPerfect Legal
TransPerfect Legal is a global leader in legal technology, AI, and advisory services for Am Law 200 and Global 100 law firms as well as corporate legal departments. With offices in more than 140 cities worldwide, solutions include forensic technology and consulting, eDiscovery and early data assessment, managed review and legal staffing, language services, deposition and trial support, and paper discovery, all offered alongside the Reef Technology ecosystem, TransPerfect Legal’s suite of proprietary applications that address the needs of legal and regulatory practitioners around the world. For more information, please visit www.transperfectlegal.com

About TransPerfect
TransPerfect is the world’s largest provider of language services and AI solutions for global business. From offices in over 140 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect’s GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.

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SOURCE TransPerfect