May 2025 – Page 40

Gildan Publishes Its 2024 ESG Report Highlighting Advancements Towards Its 2030 ESG Targets

Posted on May 20, 2025 by sHq_LoGiNz

MONTREAL, May 20, 2025 /3BL/ – Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) is pleased to announce the publication of its 21^st Environmental, Social, and Governance (ESG) Report, outlining the Company’s continued progress against the ten targets of its Next Generation ESG strategy.

“Over the years, ESG, which is one of three pillars of our Gildan Sustainable Growth (GSG) strategy, has been foundational to support our low-cost manufacturing operations, unlocking innovative business solutions and our ability to meet changing customer and consumer needs,” says Glenn Chamandy, President and CEO of Gildan. “Just as importantly, it has also helped us to attract and retain an engaged, experienced, and highly skilled workforce, and maintain the trust and support of the communities in which we operate. Together with our ~50,000 employees, we are committed to continue making apparel with respect.”

In 2024, Gildan achieved notable advancements towards its Next Generation ESG targets as the Company:

Reduced water intensity at its operated manufacturing facilities by 25.2% per kilogram produced (compared to a 2018 baseline) by leveraging innovative technologies and proprietary processes
Increased the amount of sustainable¹ cotton sourced from 35.7% in 2023 to 77.3% in 2024
Doubled the percentage of recycled polyester or alternative fibre and/or yarns sourced from 2023 to 2024
Achieved ISO 45001 certification in two additional facilities in 2024, bringing the total number of certified facilities to five

Gildan also continued to be recognized for its ESG practices. The Company was:

Included on the Dow Jones Best-in-Class North America Index (formerly the Dow Jones Sustainability™ North America Index), marking the Company’s 12^th consecutive year of inclusion in this index
Included in the 2025 Sustainability Yearbook by S&P Global for the 13^th consecutive year
Included in CDP’s Leadership Band in 2025 for our 2024 climate change disclosure – marking the fifth time that Gildan has achieved this recognition
Named in the inaugural edition of TIME’s World Most Sustainable Companies
Recognized as one of Canada’s Best 50 Corporate Citizens by Corporate Knights for the third consecutive year

The full 2024 ESG Report and supporting indices and documents can be found here. To further enhance transparency and streamline reporting, we have included information about the Company’s approach to key ESG topics on our corporate website.

1. We consider the following types of cotton to be sustainable: sustainable cotton provided through third-party verified programs that support environmental and/or social sustainability improvements and/or outcomes. Sustainable cotton from third-party verified programs includes, for example, verified U.S.-grown cotton (USCTP), Better Cotton (formerly BCI), organic cotton, recycled or regenerative cotton, and fair-trade cotton.

About Gildan
Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan^®, American Apparel^®, Comfort Colors^®, GOLDTOE^®, and Peds^®, and under an exclusive licensing agreement for the printwear channel for Champion^®.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company’s long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.

Investor inquiries:
Jessy Hayem, CFA
Senior Vice-President, Head of Investor Relations and Global Communications
(514) 744-8511
jhayem@gildan.com

Media inquiries:
Genevieve Gosselin
Director, Global Communications and Corporate Marketing
(514) 343-8814
communications@gildan.com

Posted in UncategorizedTagged 3BL

Can Math Help Detect Heart Disease Even Before You Know You’re Sick?

Posted on May 20, 2025 by sHq_LoGiNz

Can complicated math equations help detect heart disease, even before you realize you’re sick? The answer appears to be yes, and they can do it by sifting through potential clues left behind during your trips to the doctor’s office.

“We now have the automated intelligence tools to help us collect and analyze mountains of medical data in ways that we couldn’t just a short time ago,” said Nina Goodheart, Senior Vice President and President of the Structural Heart and Aortic portfolio businesses at Medtronic. “Artificial intelligence (AI) allows us to examine that data to identify certain types of heart disease sooner and get personalized treatment to the patient faster.”

So what does that actually mean for you?

Let’s use the example of Aortic Stenosis (AS) — a serious heart problem that affects 250,000 Americans every year and often goes undertreated.

AS is a condition where the heart’s aortic valve gradually narrows and restricts blood flow from the heart to the rest of the body. When this happens the body sends out a variety of warning signals through symptoms that can be subtle, vary from person to person, and develop slowly over time. All of which makes diagnosing the problem difficult.

But whenever you visit the doctor, clues to your developing AS may be left behind. At every medical visit, lots of health information gets entered into your Electronic Health Record (EHR). It could include everything from your history of alcohol or tobacco use to vital signs to lab results to notes and observations from the doctor, and much more. The clues pointing to AS might be buried in that EHR data—but it can be a modern-day version of the needle in a haystack.

That’s where the math comes in.

“AI helps us bring order to what can sometimes be data chaos,” said Chris Rogers, Sr. Director of Strategic Provider Solutions at Tempus AI, a healthcare technology company based in Chicago that uses data and artificial intelligence to create medical diagnostic solutions. “Our algorithms can look for unique characteristics in the health data that a clinician might not identify for every one of their patients.”

The company’s software, known as Tempus Next, includes 60 highly complex algorithms, developed to identify potential care gaps across 15 cardiovascular diseases, including AS.

“Our software is designed to handle the complexity of medical data, which requires sophisticated and adaptable solutions,” Rogers explained. “There is no one-size-fits-all algorithm in healthcare. Each institution has unique needs and circumstances, and our technology is built to consider as much information as possible to provide tailored insights.”

Tempus Next combs through the data points in your EHR, even the handwritten notes from your doctor, and compares your information to the diagnostic criteria in clinical guidelines for AS. If your health information meets enough of the criteria, the system notifies your doctor for possible next steps.

It’s much more than a theoretical exercise.

Tempus recently finished a case study with the John Brancaccio St. Francis Hospital and Heart Center in New York. The Tempus Next algorithm identified 388 patients who met the criteria for AS and/or one other serious heart condition, but who did not yet have an existing plan to treat their disease. The Tempus Next system flagged their cases and alerted their doctors to the findings.

Math has made a potentially life-changing difference in each of their lives.

Now, Medtronic and Tempus are teaming up to take the next step—with a clinical study called ALERT—that will analyze health records at six more health sites. The objective is not only to identify patients who may be undertreated and get them to their next step in their care, but also to determine why that’s happening and help design systems to solve the issue.

“The under diagnosis of severe symptomatic aortic stenosis is a pervasive problem that can be fatal within two years without intervention. The goal of this study is to move towards better solutions for more equitable and timely care and to eliminate barriers to treatment,” said Wayne Batchelor, M.D., M.H.S., M.B.A., Interventional Cardiologist, President of the Medicine Service Line, Inova Health System, Fairfax, Va. and Steering Committee Chair of the ALERT study. The most exciting part, experts say, is the potential impact that such technology can have on human health.

“It’s breathtaking to think about the future,” Goodheart added. “Imagine the day when we can apply this technology to hundreds of thousands or millions of patients. Imagine the number of people we can reach before their AS becomes too severe. The number of lives we can lengthen or improve. It adds up in a hurry.”

That’s the kind of math everyone can appreciate.

This is one in a series of stories about how Medtronic is using math and AI to fight disease. Click here to learn how math can help prevent cancer.

Posted in UncategorizedTagged 3BL

Hisense Awarded ESG Label by Dubai Chamber of Commerce for Commitment to Sustainable Growth

Posted on May 20, 2025 by sHq_LoGiNz

Recognition highlights Hisense’s regional ESG leadership, operational transparency, and commitment to sustainable innovation

DUBAI, UAE, May 20, 2025 /PRNewswire/ — Hisense Middle East has been awarded the prestigious Dubai Chamber of Commerce ESG Label, in recognition of its outstanding efforts in embedding Environmental, Social, and Governance (ESG) practices into its regional operations. The accolade reflects Hisense’s broader ambition to drive responsible growth, while aligning with global sustainability benchmarks and local regulatory standards.

The Dubai Chamber of Commerce ESG Label is a developmental framework designed to help companies assess and improve their ESG performance while gaining recognition for their progress. Developed by the Chamber’s Centre for Responsible Business, the Label serves as a catalyst for sustainable business growth and resilience across the UAE’s private sector.

With sustainability at the core of its global operations, Hisense has taken bold steps to reduce environmental impact, advance social equity, and promote good governance across every level of its business. This includes transforming production facilities to be more eco-conscious, developing energy-efficient products, and embedding ESG into business strategy. In the Middle East, Hisense continues to push for low-emission and environmentally responsible practices as part of its long-term vision to build a century-strong legacy powered by purpose.

As part of its ongoing commitment to sustainability, Hisense Middle East undertook a detailed self-assessment through the ESG Label program in 2025.

Jason Ou, President of Hisense Middle East and Africa, commented: “We are immensely proud to receive the ESG Label from the Dubai Chamber of Commerce which serves as a strong endorsement of our regional and global sustainability ambitions. At Hisense, ESG is not a buzzword, but a business imperative. This recognition reaffirms our belief that innovation and responsibility go hand in hand, and we remain committed to creating long-term value for our customers, employees, partners, and the communities we serve.”

Hisense continues to lead on multiple ESG fronts. In 2023, on a global level, the company reported 7,926.73 metric tons of CO₂ emissions, achieving a 14.36% reduction in carbon intensity compared to its baseline year. The company aims to cut carbon intensity by 40% by 2030 and include 50% of its suppliers in its emissions management system by 2025.

Across product categories, Hisense has secured 5-star certifications for energy and water efficiency in the UAE, while simultaneously reducing raw material usage and increasing reliance on recycled and sustainable materials.

From a social and governance perspective, Hisense Middle East upholds high employee satisfaction, ensures pay equity, and drives inclusive practices. The company maintains rigorous standards for ethics, health and safety, data privacy, and anti-competitive conduct.

Hisense further solidifies its regional presence through its dedicated Research & Development (R&D) Centre in Dubai, which plays a key role in local product innovation and market-specific solutions, reinforcing the brand’s strategy of combining global expertise with local relevance.

The ESG Label recognition is a testament to Hisense’s mission to integrate sustainability across all aspects of its business, helping shape a better, more responsible future for generations to come.

As a brand driven by the philosophy of “Technology for Good, Business for Good,” Hisense remains committed to shaping a more sustainable, equitable future for all.

For more information, please visit https://hisenseme.com/

About Hisense

Hisense, founded in 1969, is a globally recognised leader in home appliances and consumer electronics with operations in over 160 countries, specialising in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 2 worldwide in total TV shipments (2022-2024) and No. 1 globally in the 100-inch and over TV segment (2023-2024). As the first official partner of the FIFA Club World Cup 2025™, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

With 34 industrial parks, 30 R&D centres and 66 overseas companies, Hisense continues to lead the industry with a diverse range of products. With regional headquarters in Dubai, UAE, and 5 offices across the MENA region, Hisense ensures efficient manufacturing, innovation, and distribution, to meet the evolving needs of consumers in the market. Stay updated with all the latest developments on the website: https://hisenseme.com/ For media inquiries, please contact hisense@houseofcomms.com.

Photo: https://mma.prnewswire.com/media/2691859/Hisense_ESG_Certificate.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/hisense-awarded-esg-label-by-dubai-chamber-of-commerce-for-commitment-to-sustainable-growth-302460395.html

SOURCE Hisense Middle East

Posted in UncategorizedTagged PR Newswire

New Delta Dental report reveals gap in understanding the link between oral health and medical conditions

Posted on May 20, 2025 by sHq_LoGiNz

CHICAGO, May 20, 2025 /PRNewswire/ — Delta Dental released its 2025 State of America’s Oral Health and Wellness Report, a nationwide analysis of consumer opinions and behaviors relating to oral health. Now in its fifth year, Delta Dental commissioned the research of 2,000 U.S. adults and parents of children 12 and under.

The report reveals that the state of U.S. oral health is generally positive, but areas for improvement remain. While adults maintain near-universal awareness of the relationship between oral health and overall wellness, there is a reduced understanding of the direct correlation between oral health and specific health conditions such as heart disease, respiratory illness, and high blood pressure compared to last year.

Further, the report finds that intentions for good oral hygiene remain strong, but dental visit anxiety and dips in at-home oral health care have impacted some adults and children.

“Oral health is a cornerstone of overall wellness, and while it is encouraging to see that most adults recognize this important connection, greater efforts are needed to demonstrate its critical role in preventing and managing systemic health conditions,” said James W. Hutchison, President & CEO, Delta Dental Plans Association. “As the nation’s leading dental benefits provider, we are committed to ensuring continued dialogue and supporting access to care so that everyone can prioritize and safeguard their oral and overall health.”

Below are additional key findings from the 2025 State of America’s Oral Health and Wellness Report:

Dental anxiety is a notable barrier to care

More than 1 in 5 (21%) adults have avoided dental care due to anxiety, and 1 in 7 (14%) parents have skipped taking their children to the dentist for the same reason.
Fear of pain or discomfort was the top reported reason among adults (59%) and children (72%) who have experienced dental visit anxiety.

Closing the gap in prenatal oral health care

A majority of women (54%) who are or have been pregnant are likely to prioritize dental visits, as they believe it is as important as their annual physical.
One third (33%) of adults understand that pregnant individuals are at greater risk for gum disease, while over 1 in 4 (26%) recognize this may be associated with adverse outcomes such as pre-term birth and low birth weight.

Preventive dental visits are prioritized

The frequency of preventive visits among adults who made a trip to the dentist in 2024 remained steady (84%) compared to 2023 (83%).
Notably, there is a significant corresponding drop in unexpected visits among adults, decreasing from 36% in 2023 to 22% in 2024.
Cosmetic visits experienced a sharp decline from 12% in 2023 to 4% in 2024.

To read the 2025 State of America’s Oral Health and Wellness Report and learn more about the report’s methodology and findings, click here.

About the report
Delta Dental Plans Association commissioned a third-party market research firm, Material Holdings, LLC, to undertake research that formed the basis for this report. Material conducted its research between January 9 and January 23, 2025, using an email invitation and online surveys of two audiences recruited through an opt-in panel:

1,000 nationally representative U.S. adults ages 18+
1,000 parents of children ages 12 and under

Geographic distribution quotas were set to ensure a reliable and accurate representation of the U.S. population of adults and parents with children ages 12 and under. Research in this report has a margin of error of +/- 3%.

About Delta Dental Plans Association
Based in Chicago, Illinois, Delta Dental Plans Association is the not-for-profit national association of the 39 independent Delta Dental companies. Through these companies, Delta Dental is the nation’s largest dental benefits provider and offers the country’s largest dental network with approximately 152,000 participating dentists. Over the last decade, Delta Dental companies and their foundations invested nearly $2 billion to improve the oral and overall health of our communities.

Visit deltadental.com for information on individual dental insurance plans and group dental insurance plans.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-delta-dental-report-reveals-gap-in-understanding-the-link-between-oral-health-and-medical-conditions-302459718.html

SOURCE Delta Dental Plans Association

Posted in UncategorizedTagged PR Newswire

The Future of AI Is Personal and It Starts With Trust

Posted on May 20, 2025 by sHq_LoGiNz

Artificial intelligence (AI) is evolving fast. It can now pass the bar exam, write code and diagnose diseases. Yet it still struggles with something far simpler: proving it’s acting in your best interest.

We’re entering a new era of AI — one where systems move from conversation to action. Imagine personal AI agents that not only answer your questions, but also book your travel, manage your finances and coordinate your schedule. They’ll save you time, streamline decisions and help you get more out of everyday life.

But for this future to thrive, one ingredient is essential: trust.

These systems must be able to show they’re acting on your behalf, with your consent and in your best interest. Can a business verify it’s your AI making a purchase? Can another agent confirm it’s acting on your instructions? With the right safeguards in place, the answer is yes.

Trust isn’t about limitations — it’s about powering AI to do more, safely. By building systems with clear boundaries, secure permissions and user control, we unlock the full potential of personal AI.

And that’s the future we’re building: one where AI works with you, for you — on your terms.

Earning your trust: The three pillars of personal AI

Three requirements stand between today’s conversational AI and tomorrow’s truly personal agents:

1. AI must be able to prove it works for you, not someone impersonating you.

AI will increasingly interact with businesses, services and even other AI agents. But without a way to verify that it’s acting on behalf of the correct person, these communications open the door to fraud, abuse and security risks.

When your AI agent attempts to make a purchase on your behalf, merchants need verifiable proof that:

You are who you claim to be (identity)
You have explicitly authorized this specific AI to act for you (delegation)
You’ve granted permission for this particular type of transaction (scope)
The authorization hasn’t been revoked or tampered with (validity)

This challenge isn’t just theoretical. AI-generated voices have been used in scam calls to impersonate loved ones. Deepfakes have fooled financial institutions into approving fraudulent transactions.

But again, it’s not about eliminating risk entirely — it’s about mitigating risks to the lowest levels possible. With secure delegation frameworks, we can allow AI agents to act meaningfully while keeping user identity and intent verifiable.

2. AI must store and retrieve personal data securely.

For AI to be truly useful, it needs information — access to your calendar, payment details, travel history and other personal data. But this creates a critical question: Where is this data stored and who controls it?

Too much data exposure increases risks; too little makes the AI ineffective. The goal is controlled access: letting your AI pull only what it needs, when it needs it and nothing more.

This points to a new solution: a personal data vault, owned and managed by you. This secure repository would hold your digital life — from financial details to medical info — with access granted only through your explicit permissions.

Such vaults should also support two-way access. If your AI books a flight, it needs to store the confirmation. If it updates your insurance policy, it should log the change. Over time, this builds a more capable AI that still operates within clear limits you define.

3. AI must act within limits set by you.

Lastly, AI should never be an all-or-nothing tool. It must operate within defined boundaries, giving users control over what it can do, when and for how long.

Imagine asking your AI to manage your home services while you’re traveling. You might want it to reschedule a package delivery, approve a cleaning service visit, or adjust your smart home settings — but that doesn’t mean it should have unlimited access to everything in your home ecosystem. If your AI can unlock the front door for the dog walker, should it also be able to disable your security system? If it can manage a grocery delivery, should it also be allowed to modify your recurring bill payments?

AI should function under clear, user-defined scopes, such as:

Task-specific permissions – Allowing AI to approve service appointments but not modify security settings
Time-bound access – Granting access to unlock the door for the dog walker only between 2-3 PM on Wednesdays
Granular data controls – Letting AI use your stored credit card for one grocery delivery, not for other purchases

The best AI isn’t the one that can do everything — it’s the one that knows its limits and operates within yours.

What’s driving this shift?

Trust in artificial intelligence isn’t just a nice-to-have. Across the globe, governments are taking action to regulate AI’s expanding role in our lives and economies.

Take the European Union’s AI Act or the Digital Identity Wallet regulations. These aren’t isolated initiatives — they reflect a growing global emphasis on transparency and user control. As AI systems become more autonomous in our daily lives, companies face a stark reality: either develop verifiable AI systems that respect clear permission boundaries, or face mounting regulatory headaches.

For businesses, this is competitive and compliance imperative. Deepfake scams have already cost businesses millions. Companies that can’t verify whether an AI interaction is legitimate face potential consequences, both financial and reputational.

Meanwhile, consumers are growing increasingly savvy about their digital footprints, with 81% expressing concerns about how businesses use their data. The days of passive acceptance of data collection are waning. People are pushing back, demanding services that work for them without compromising their privacy. They’re asking pointed questions: “Who can access my information?” and “Are my AI interactions private or already written off as training material for the next model?” Without satisfactory answers, public trust continues to erode.

A future where AI is personal, private and trusted

Today’s AI race is all about capabilities. But tomorrow’s breakthroughs will be defined by something even more meaningful: trust. The most impactful systems won’t just be intelligent — they’ll be built to serve you.

Imagine an AI that’s truly personal. One that acts as your trusted delegate — not a detached assistant, but a digital partner operating with your explicit guidance, your values and your boundaries. It doesn’t just know you — it respects you.

As these agents become part of our everyday lives, they’ll open doors to a new kind of freedom: the freedom to offload complexity, reclaim time and navigate the digital world with confidence. When people are in control, AI becomes more than just a tool — it becomes an extension of your intent, working with precision, privacy and purpose.

Because the future of AI isn’t just about what it can do. It’s about what it can do for you on your terms.

Posted in UncategorizedTagged 3BL

Heybike Celebrates 4th Anniversary: A Joyful Journey Toward a Greener World

Posted on May 20, 2025 by sHq_LoGiNz

LOS ANGELES, May 20, 2025 /PRNewswire/ — Heybike is marking its fourth anniversary with a celebration that reflects its mission: to make sustainable mobility accessible and enjoyable for everyone. Under the theme “A Joyful Anniversary with Heybike, & Green Rides for a Cleaner World,” Heybike honors its achievements while reaffirming its commitment to environmental impact and innovation.

Since its launch in 2021, Heybike has grown into a global brand recognized for its innovative electric bicycles and commitment to sustainability. Today, Heybike serves over 200,000 users across 22 countries, including the U.S., Germany, the U.K., France, Italy, and Japan. Its products are available in major retail channels such as BestBuy, Walmart, and Costco, and the brand has established over 300 dealer stores worldwide.

All-round Product Matrix for All Ages on All Terrains

Heybike’s success is rooted in its ability to meet the diverse needs of riders through a versatile product lineup. Since its founding, the brand has launched 20 electric bicycle models, covering all-terrain ebikes, urban commuter and cargo bikes, and more. These designs have not only earned acclaim for their functionality, but also gained recognition for their aesthetic appeal. Many longtime and elder riders have chosen Heybike as their first ebike because of their sturdy build, ease of use, and comfortable ride. These features have helped them rediscover the joy of riding, explore new lifestyles, and connect with fellow cyclists, reminding riders of the fun and joy that accompanies exercise and outdoor exploration.

During 2024 and 2025, six Heybike models won 10 international design awards, including prestigious honors like the Red Dot Award, iF Design Award, American Good Design and German Design Award. These accolades highlight Heybike’s dedication to creating bikes that are both beautiful and practical, setting new standards for sustainable mobility.

Product Quality with International Standards

Heybike’s impact extends far beyond design. The brand has consistently prioritized quality and environmental responsibility. In late 2024, Heybike became the first in the industry to receive the Carbon Footprint Certification by Intertek for the Greater Bay Area for one of its products, the Horizon. Shortly after, at the CES 2025 event in Las Vegas, Heybike earned the UL Verified Mark for Micromobility Performance, a testament to its exceptional quality and performance. These certifications underscore Heybike’s commitment to setting global benchmarks in sustainability and safety.

Green Rides for a Cleaner World

Over the past four years, Heybike riders have collectively traveled over 100 million miles, reducing carbon emissions by 84 million pounds—equivalent to planting 26.8 million trees. To celebrate its anniversary, Heybike is partnering with users to donate 1,000 trees to the international nonprofit One Tree Planted to support the Urban Forestry project.

As Heybike enters its fifth year, the brand remains focused on its vision: to empower riders of all ages and backgrounds with reliable, eco-friendly mobility solutions. By integrating cutting-edge technology into everyday transportation, Heybike continues to inspire people to explore beyond the ordinary and embrace a more sustainable lifestyle.

“‘A Joyful Anniversary with Heybike, & Green Rides for a Cleaner World’ is not only a slogan but also a promise to the greener future,” states Heybike COO William Li. “With new saplings planted, we hope to increase the positive impact cycling has on the World. All that we ask of you is that you hop on that new bike and Let Your Joy Out!”

About Heybike

Heybike is a fast-growing global brand with over 200,000 riders in 4 years. With advanced products and eco-friendly bikes, Heybike aims to inspire people to break routines and let their joy out.

For more information about Heybike, please visit:
Heybike:
https://www.heybike.com/pages/anniversary?utm_source=smPR&utm_medium=Article&utm_id=4th_Anniversary

Heybike EU:
https://eu.heybike.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/heybike-celebrates-4th-anniversary-a-joyful-journey-toward-a-greener-world-302460270.html

SOURCE Heybike

Posted in UncategorizedTagged PR Newswire

Enfinity Global closes €100 Million Bond with Eiffel to Accelerate Energy Storage and Solar PV Projects in Europe

Posted on May 20, 2025 by sHq_LoGiNz

MIAMI, May 20, 2025 /PRNewswire/ — Enfinity Global Inc., a leader in renewable energy, today announced the successful closing of an up to €100 million bond facility to support the deployment of its energy storage and solar PV projects across Europe. The facility is being provided by Eiffel Investment Group, an independent asset manager focused on sustainable investments, through four of its investment vehicles.

This transaction marks a significant milestone, that underscores the platform’s quality for investors and Enfinity’s execution capabilities. It is also the company’s first financing of its battery energy storage system (BESS) portfolio in Europe, where it is developing a 6.4 GW BESS pipeline—including 5.1 GW in Italy and 1.3 GW in the UK. Energy storage is a key component of Enfinity’s strategy to deliver 24/7 renewable energy solutions to corporate and industrial customers while contributing to grid resilience.

“We are thankful to Eiffel Investment Group for supporting the growth of our Italian platform,” said Carlos Domenech, CEO of Enfinity Global. “The future of competitive low carbon energy solutions relies on innovation of technologies and financings supported by market leaders,” he added.

“We are proud to support Enfinity Global in its growth,” said Pierre-Antoine Machelon, head of Infrastructure Funds at Eiffel Investment Group. “Building a long-term relationship while structuring a tailor-made financing is at the heart of Eiffel DNA. This transaction highlights our commitment to providing financial solutions to accelerate the decarbonization in Europe.“

Enfinity Global’s has currently secured €865 million for Europe through multiple junior and senior debt agreements. The Company ranks among Italy’s top 10 independent power producers (IPP) by installed capacity, with 232 MW operational, 538 MW under construction, and 805 MW of approved solar capacity. Enfinity also leads Italy’s solar PPA market, having signed one-third of all the new capacity contracted in 2024^[1].

“Enfinity Global continues to expand its renewable energy footprint, leveraging our expertise to accelerate the clean energy transition while delivering reliable and cost-effective solutions for the European market,” commented Julio Fournier Fisas, General Manager of Enfinity Global for Europe. “We appreciate partners like Eiffel Investment Group who share our vision for the future of energy.”

“We are very happy to accompany top performing companies like Enfinity,” commented Jean-Charles Arrago, head of Eiffel Infrastructure debt strategy. “With this facility, we are able to accelerate the rollout of a 24/7 renewable electricity production capacity in Italy.”

[1] Elemens Dev & Deals 2024 Report and Elemens Lookout Q1 2025.

Logo: https://mma.prnewswire.com/media/1907378/5325747/Enfinity_Global_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/enfinity-global-closes-100-million-bond-with-eiffel-to-accelerate-energy-storage-and-solar-pv-projects-in-europe-302458883.html

SOURCE Enfinity Global

Posted in UncategorizedTagged PR Newswire

CIMC Modular Building Systems Pioneers Sustainable Modular Hotel Construction in Saudi Arabia, Setting a New Benchmark in the Middle East

Posted on May 20, 2025 by sHq_LoGiNz

SHENZHEN, China, May 20, 2025 /PRNewswire/ — CIMC Modular Building Systems (MBS), a global leader in modular construction, has signed a landmark agreement to deliver the Earth Riyadh Hotel in Saudi Arabia. As the company’s first hospitality project in the region, this milestone reinforces CIMC MBS’s commitment to advancing sustainable building practices and offering innovative solutions to the global hospitality sector.

Setting a New Benchmark for Modular Construction in the Middle East

Earth Hotels, a conscious and design-forward hospitality group built for the modern, mindful traveler, is setting the stage for its bold new openings across Saudi Arabia and Europe.

The Earth Riyadh Hotel is a three-story, four-star boutique property with a total floor area of 11,000 square meters, scheduled for completion in 2026. Located in the vibrant Al Maathar district near key attractions and the Diplomatic Quarter, the hotel will offer 86 signature rooms, lofts, and suites designed for both business and leisure travelers. More than just a place to stay, Earth Riyadh promises an immersive experience that blends Saudi cultural with laid-back vibes, bold locally inspired designs, and purposeful hospitality.

CIMC MBS will provide a full spectrum of services including module design, offsite manufacturing, and on-site installation. This advanced modular construction technology is expected to shorten the construction timeline by over 50% compared to traditional methods, while significantly enhancing resource and energy efficiency.

“We are proud to contribute our modular expertise to this landmark project in Riyadh,” said Victor Zhu, Managing Director of CIMC MBS. “It reflects our commitment to delivering efficient, sustainable building solutions to partners worldwide.”

The hotel’s developer praised CIMC MBS’s proven technical competence and execution capabilities, noting the project as a model for supporting Saudi Arabia’s smart city and tourism ambitions.

Driving Innovation and Global Collaboration

With more than 20 years of international project experience, CIMC MBS has delivered modular building solutions across over 20 countries and regions. The Earth Riyadh Hotel project marks a significant step in the company’s global expansion and underscores its role in shaping the future of sustainable construction.

This project is expected to play a key role in enhancing Saudi Arabia’s tourism infrastructure and serves as a compelling example of international cooperation in the construction industry.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cimc-modular-building-systems-pioneers-sustainable-modular-hotel-construction-in-saudi-arabia-setting-a-new-benchmark-in-the-middle-east-302460164.html

SOURCE CIMC

Posted in UncategorizedTagged PR Newswire

Lupin and Honeywell Move Forward Jointly with Plans for HFO Technology in Inhalers

Posted on May 20, 2025 by sHq_LoGiNz

Lupin is set to become first Indian company to fully integrate Honeywell’s Solstice® Air in its respiratory inhalers at scale, redefining respiratory care with near-zero global warming potential propellants

Lupin Limited (Lupin) (BSE: 500257) (NSE: LUPIN) (REUTERS: LUPIN.BO) (BLOOMBERG: LPCIN)

NEW DELHI and MUMBAI, India, May 20, 2025 /PRNewswire/ — Global pharma major Lupin Limited (Lupin) announced today its plan to use Honeywell’s Solstice® Air (HFO-1234ze cGMP) propellant to transform respiratory care through the development of next-generation inhalers. Designed for patients with asthma and chronic obstructive pulmonary disease (COPD), Honeywell Solstice Air has the potential to prevent the release of high global warming potential (GWP) molecules, marking a major step forward in helping to reduce carbon emissions.

Lupin intends to become the first pharmaceutical company in India to use Honeywell’s Solstice Air product at scale as a next-generation propellant in pressurized metered-dose inhalers (pMDIs). Solstice Air offers an alternative to traditional hydrofluorocarbon (HFC)-based propellants, helping to reduce greenhouse gas emissions by up to 99.9%.¹ By investigating the use of this innovative, non-flammable propellant in its pMDIs, Lupin is taking a significant step toward minimizing the environmental impact of respiratory solutions while providing effective treatment options for patients with asthma and COPD.

“Lupin’s partnership with Honeywell underscores our commitment to delivering high-quality medicines while working towards a healthier, more sustainable future for our patients and communities worldwide. By integrating Solstice Air in our products, we are not only enhancing patient care, but we are also significantly reducing environmental impact,” said Vinita Gupta, CEO, Lupin.

“Solstice Air can play a critical role in ensuring that Lupin life-saving devices provide safe and effective treatment options that also leverage the latest advancements in technology to reduce harmful greenhouse gas emissions,” said Jeff Dormo, a president in Honeywell’s Energy and Sustainability Solutions business. “By continuing to research and develop advanced technologies for reducing carbon, Honeywell is dedicated to driving innovation that enhances the efficacy of health solutions while pioneering emissions reducing practices that support industry advancements.”

The terms of the deal are subject to negotiation and execution of definitive documents acceptable to both Honeywell and Lupin.

References:

¹Studies conducted by UNEP and American Lung Association https://www.unep.org/news-and-stories/story/how-do-greenhouse-gases-actually-warm-planet https://www.lung.org/getmedia/cfe2481d-1478-4cea-8a77-1ac3eb112e71/what-you-should-know-ways.pdf

About Lupin

Lupin Limited is a global pharmaceutical leader headquartered in Mumbai, India, with products distributed in over 100 markets. Lupin specializes in pharmaceutical products, including branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients. Trusted by healthcare professionals and consumers globally, the company enjoys a strong position in India and the U.S. across multiple therapy areas, including respiratory, cardiovascular, anti-diabetic, anti-infective, gastrointestinal, central nervous system, and women’s health. Lupin has 15 state-of-the-art manufacturing sites and 7 research centers globally, along with a dedicated workforce of over 23,000 professionals. Lupin is committed to improving patient health outcomes through its subsidiaries – Lupin Diagnostics, Lupin Digital Health, and Lupin Manufacturing Solutions.

To know more, visit www.lupin.com or follow us on LinkedIn https://www.linkedin.com/company/lupin

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom

Solstice® is the registered trademark of Honeywell International Inc.

Logo: https://mma.prnewswire.com/media/2461104/Lupin_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/lupin-and-honeywell-move-forward-jointly-with-plans-for-hfo-technology-in-inhalers-302460037.html

SOURCE Lupin Limited

Posted in UncategorizedTagged PR Newswire

EVE Energy Hosts Inaugural Commercial Vehicle Battery Technology Day, Unveiling Innovative Open Source Battery Solutions for Full-Range of Commercial Vehicles

Posted on May 20, 2025 by sHq_LoGiNz

Eight new flagship battery products were unveiled to support greener, more efficient and profitable commercial transportation

HUIZHOU, China, May 20, 2025 /PRNewswire/ — EVE Energy, (“EVE Energy” or “the Company”), a global lithium battery company, held its inaugural Commercial Vehicle Battery Tech Day and Open Source Battery Products Launch in Huizhou, China. The Company officially released eight new-generation Open Source Battery products for vans, light and heavy trucks, buses, and construction machinery. The new series addresses key industry challenges and maximizes user benefits. At the event, EVE Energy and Conch Venture announced a strategic partnership to collaborate on creating a green, low-carbon future.

Dr. James Jiang, Vice President of EVE Energy and President of EVE Battery System Research Institute, commented, “Amid rapid technological progress, EVE Energy is upgrading Open Source Battery for all commercial scenarios, empowering new energy commercial vehicles in four key areas: faster charging, lighter weight, longer life, and improved operation. We aim to contribute to the development of commercial transportation, and this mission also reflects EVE Energy’s original intention to develop Open Source Battery.”

The event highlights the rapid growth opportunities within the new energy commercial vehicle sector. The newly unveiled Open Source Battery series, tailored for diverse applications such as urban logistics, short-haul transportation, long-haul trucking, passenger transit, and infrastructure projects, harnesses cutting-edge core battery technology to position itself as the premier energy solution for commercial vehicles.

For vans, the LF125P 41.86-kWh battery uses a 2C constant current direct charging system, delivering a stable 250-amp maximum charging current and achieving SOC 20% to 80% in 18 minutes. It features a natural cooling thermal management system to achieve lower energy consumption and costs, and comes with an eight-year or 600,000-kilometer warranty.
For light trucks, the M254 160-kWh battery features a mid-mounted, large single-pack design with a gravimetric specific energy of 180 Wh/kg, offering a 400-kilometer range and 85% efficiency at minus 20 degrees Celsius.
For heavy trucks, EVE Energy introduced CTB technology batteries for both short-haul and long-haul transport. Highlights include the LF230P 453-kWh battery, which supports 10% to 80% ultra-fast charging in 18 minutes, and an LF668 448-kWh battery with high integration, 668 amp-hours capacity, a height under one meter, and a 0.5-ton weight reduction. The LF420 563-kWh battery offers 145 Wh/kg specific energy, and the LM284 851-kWh battery has 170 Wh/kg energy density and a 700-kilometer range.
For buses, the LF324S 43.8-kWh battery is designed for full life-cycle performance with a 10-year or 1 million-kilometer warranty, achieving 170 Wh/kg gravimetric specific energy and 268 Wh/L volumetric specific energy through three major technological breakthroughs.
Lastly, the LF628 350-kWh battery for loader offers 200 Wh/L integration, a rapid two-minute assembly time, and a cycle life of 6,000 charges.

Furthermore, all five foundational technologies underpinning the performance of the advanced commercial vehicle battery solution were also disclosed in full. Its LMX chemical system supports an 800V platform, 15% more power retention on a single charge, and 40-minute charging at minus 30 degrees Celsius. A minimalist design cuts parts by 50%, boosts system power by 25%, and reduces resistance by 50%. Third-generation 3D liquid cooling limits system temperature to 42 degrees Celsius with a 5-degree Celsius differential, extending life by 20%. Safety features exceed national standards in China, withstanding 300-joule impact and 3-meter drop tests. AI-powered operations provide 7-day fault warnings, 3% SOX accuracy across scenarios, and cut energy consumption by 10%.

At the launching ceremony event, the joint exhibition areas with Huawei, Sany, Dongfeng Trucks, Foton, JAC, Farizon, and DFLZM showcased advanced technology.

To explore EVE Energy’s full range of the Open Source Battery and its vision for zero-carbon transportation, please visit https://www.evebattery.com/en.

View original content to download multimedia:https://www.prnewswire.com/news-releases/eve-energy-hosts-inaugural-commercial-vehicle-battery-technology-day-unveiling-innovative-open-source-battery-solutions-for-full-range-of-commercial-vehicles-302460009.html

SOURCE EVE Energy Co., Ltd.

Posted in UncategorizedTagged PR Newswire