e-SUVs Market to Surge from USD 273.5 Billion to USD 914.2 Billion by 2032 – Meticulous Research®

Government Policies, Emission Standards, and Compact SUV Development Drive 16.2% CAGR Growth Across Global Automotive Markets

REDDING, Calif., June 26, 2025 /PRNewswire/ — The e-SUVs market is experiencing remarkable expansion, with market valuation projected to jump from USD 273.5 billion in 2025 to an anticipated USD 914.2 billion by 2032, representing a compound annual growth rate of 16.2% during the 2025-2032 forecast period. This growth reflects the automotive industry’s accelerated transition toward electrification, driven by stringent emission regulations, supportive government policies, and rising consumer preference for sustainable mobility solutions.

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The market transformation is fueled by the global adoption and development of small and compact e-SUVs, government policies and regulations that support the electric vehicle industry, and increasingly stringent emission and fuel economy standards worldwide. These factors position the e-SUVs market as a cornerstone of the sustainable transportation revolution, according to the latest research report “e-SUVs Market Size, Share, Forecast, & Trends Analysis by Propulsion (Battery Electric SUV, Hybrid SUV), Size (Compact SUV, Mid-Size SUV, Full-Size SUV), Power Output (Less Than 150 KW, 150 KW to 250 KW, more than 250 KW), Geography – Global Forecast to 2032”, published by Meticulous Research®.

Access your FREE sample report: https://www.meticulousresearch.com/request-sample-report/cp_id=5958

Government Initiatives and Emission Standards Accelerate Market Growth

The e-SUVs market stands at the forefront of the global automotive electrification movement, driven by unprecedented government support and regulatory frameworks designed to combat climate change and reduce greenhouse gas emissions.

Stringent Emission Regulations Drive Industry Transformation

Governments worldwide are implementing increasingly stringent automotive emission regulations, compelling manufacturers to accelerate their electric vehicle development programs. These regulatory frameworks, combined with consumer demand for fuel-efficient vehicles and the global shift toward eco-friendly transportation solutions, create a powerful catalyst for e-SUV adoption across all market segments.

The expanding installation of charging infrastructure further supports this transition, addressing one of the primary barriers to electric vehicle adoption and making e-SUVs more accessible to mainstream consumers.

Compact SUV Development Reshapes Market Dynamics

The focus of automotive manufacturers on developing small and compact SUVs represents a strategic response to evolving consumer preferences and urban mobility requirements. Compact e-SUVs offer space efficiency, maneuverability, fuel efficiency, versatility, safety features, and stylish design, delivering a comprehensive driving experience that appeals to diverse consumer segments.

A significant example of this trend is Kia Corporation’s launch in May 2025 of the company’s first compact electric sports utility vehicle, built on its dedicated EV platform. This strategic move demonstrates the potential of the compact SUV market, even amid global EV market fluctuations.

Battery-Electric SUVs Command Market Leadership

Propulsion Technologies Define Market Segments

The battery-electric SUVs segment is expected to account for the largest share of over 64% of the global e-SUVs market in 2025. This dominance reflects increasingly stringent automotive emission regulations worldwide, consumer demand for fuel-efficient vehicles, the global shift toward eco-friendly transportation solutions, and the expanding charging infrastructure network.

However, the hybrid SUVs segment is projected to record the highest CAGR during the forecast period, driven by increasing investments by automotive OEMs for hybridization of vehicle powertrains, superior fuel efficiency, lower running costs compared to diesel or petrol-running vehicles, reduced emissions, and enhanced performance capabilities.

Mid-Size SUVs Lead Market Revenue Generation

The mid-size SUVs segment is expected to account for the largest share of over 42% of the global e-SUVs market in 2025. These vehicles, positioned between compact and full-size SUVs, offer better handling, higher fuel efficiency, and greater suitability for city driving and parking compared to full-size alternatives.

The compact SUV segment, however, is anticipated to grow at the highest CAGR during the forecast period, driven by fuel efficiency advantages, advanced safety features, rising consumer preference toward compact SUVs, and the growing focus of automotive manufacturers to launch compact electric SUVs with advanced capabilities.

Power Output Optimization Drives Performance Standards

The 150 KW to 250 KW power output segment is expected to account for the largest share of over 53% of the global e-SUVs market in 2025. This segment’s dominance is attributed to the increasing adoption of electric SUVs, growing investments by government authorities in EV charging infrastructure development, and favorable policies, incentives, and subsidies introduced by various state governments.

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Asia-Pacific Establishes Global Market Leadership

Regional Dynamics Shape Market Evolution

Asia-Pacific is expected to account for the largest share of over 56% of the e-SUVs market in 2025, driven by government subsidies, tax incentives, and regulations supporting EV development and adoption. The region’s focus on reducing greenhouse gas emissions, growing automobile demand, and rising consumer preference for fuel-efficient mobility solutions position it as the global market leader.

The Asia-Pacific region is also projected to record the highest CAGR of over 19% during the forecast period. This exceptional growth is driven by increasing initiatives and investments supporting electric vehicle charging infrastructure, growing attention from major players to technological improvements in new products, and the expansion of production capacity across key markets.

Investment Opportunities and Market Challenges

OEM Investments Create Growth Opportunities

Increasing investment in e-SUVs by leading automotive OEMs presents significant opportunities for market expansion. These investments focus on research and development, manufacturing capacity expansion, and technological innovation to meet evolving consumer demands and regulatory requirements.

Pricing and Infrastructure Challenges

Despite robust growth prospects, the e-SUV market faces challenges including the high price premium compared to conventional SUVs and the absence of adequate charging infrastructure in developing countries. The expensive battery technology employed in EVs remains the primary factor driving pricing differentials, potentially limiting mass market adoption in price-sensitive segments.

View complete market analysis: https://www.meticulousresearch.com/view-pricing/1275

Key Players in e-SUVs Market

The e-SUVs market features intense competition among established automotive manufacturers and emerging electric vehicle specialists. Leading players include Tesla Inc. (U.S.), Toyota Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan), BYD Company Ltd. (China), Ford Motor Company (U.S.), Hyundai Motor Company (South Korea), Mercedes-Benz (Germany), Nissan Motor Corporation (Japan), Volkswagen AG (Germany), AB Volvo (Sweden), Kia Corporation (South Korea), and BMW (Germany).

These industry leaders are driving innovation through substantial investments in electric vehicle technology, charging infrastructure development, and strategic partnerships to accelerate market growth and enhance competitive positioning.

Related Reports:

Electric Vehicle Market Size, Share, Forecast, & Trends Analysis

Electric Commercial Vehicle Market Size, Share, Forecast, & Trends Analysis

Electric Car Market Size, Share, Forecast, & Trends Analysis

Electric Vehicle Charging Stations Market Size, Share, Forecast, & Trends Analysis

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence, strategic insights, and consulting services to serve clients across 11 major industries globally.

Meticulous Research® offers comprehensive market research reports, custom research, and consulting services. Our research studies help clients make informed business decisions and understand emerging business trends and opportunities. The company’s expertise spans across various domains, enabling it to provide accurate insights and strategic recommendations to its clients.

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Qualcomm Signs the Rome Call for AI Ethics

ROME, June 26, 2025 /3BL/ – “We are very pleased that Qualcomm has joined the Rome Call, as a key technology partner in advancing artificial intelligence (AI) globally”, said Archbishop Vincenzo Paglia, President Emeritus of the Pontifical Academy for Life and the RenAIssance Foundation, commenting on today’s signing by Qualcomm President and CEO, Cristiano Amon. “This step strengthens the alignment between Qualcomm’s corporate responsibility and the ethical principles of the Rome Call. When we first launched the call for algorethics in 2020—urging ethical oversight in algorithm design—we sensed its urgency. Today, with AI shaping everyday life, the need for ethical reflection has grown significantly. As Pope Leo XIV stated, artificial intelligence is one of the challenges that define our time. Qualcomm’s commitment is a further significant contribution shaping the future of responsible AI”.

The signing ceremony was held this morning at the Pontifical Academy for Life. Qualcomm joins previous signatories, including global tech leaders like Microsoft, IBM and Cisco, institutions such as the FAO, numerous universities worldwide, companies, individuals, and representatives of all main religions worldwide.

“Qualcomm is honored to join the Rome Call for AI Ethics, reinforcing our commitment to developing reliable and secure AI technologies that contribute to human development and the common good,” said Cristiano Amon, President and CEO, Qualcomm Incorporated. “This initiative complements our Responsible AI Principles and our core mission to create platforms and solutions that respect privacy, minimize potential harm, and advance societies in meaningful ways. By prioritizing innovation that improves the way people live and work, Qualcomm is engineering human progress.”

MORE INSIGHTS

The Rome Call for AI Ethics

The Rome Call for AI Ethics (www.romecall.org) is a document conceived and promoted by the Pontifical Academy for Life, and later by the RenAIssance Foundation (established by Pope Francis specifically for its dissemination) that calls for an ethical approach to artificial intelligence. First endorsed on Feb. 28, 2020, the Rome Call has sparked a great interest over the years. The idea behind the Rome Call is to foster a sense of shared responsibility among international organizations, governments, institutions, and the private sector to create a future in which every individual can benefit from advances in technology, and for technological progress to ensure that the dignity of every individual and our common home is respected. By investing in a new algorethics, signatories commit to follow what the Rome Call principles dictate in terms of transparency, inclusion, accountability, impartiality, reliability, security and privacy.

The RenAIssance Foundation

Established on April 12, 2021, by Pope Francis with public canonical juridical personality, the RenAIssance Foundation is based in Vatican City State, at the Pontifical Academy for Life, and is its instrumental entity. A non-profit Foundation, it aims to support the anthropological and ethical reflection of new technologies on human life, promoted by the Pontifical Academy for Life. In order to achieve these goals, the RenAIssance Foundation also aims to encourage scientific initiatives and collaborations with International Bodies, Sovereign States, universities, research centers, private and public companies that develop activities, services and studies in the field of artificial intelligence to spread the Rome Call for AI Ethics.

Qualcomm Incorporated

Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated.

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Elanco Releases 2024 Impact Report and Introduces New Framework

GREENFIELD, Ind., June 26, 2025 /3BL/ – Today, Elanco Animal Health Incorporated (NYSE: ELAN) announced the release of its 2024 Impact Report, showcasing its efforts to enhance animal care, not just improving the lives of animals but also the people who care for them. Reflecting on its purpose and strategic alignment, the report introduces a new framework centered on four key communities of impact, celebrating Elanco’s culture of ‘Going Beyond’ for animals, customers, society, and our people.

In launching a new approach to impact reporting, Elanco reaffirms its dedication to delivering lasting positive change. The report outlines eight core ambitions that shape Elanco’s business and aim to generate a meaningful impact within the communities we serve worldwide.

“Elanco is dedicated to delivering positive impact through the work we do every day, bringing innovative solutions to veterinarians, farmers, and pet owners,” said Jeff Simmons, President & CEO of Elanco. “We’re proud to announce a new framework that further embeds our purpose within our business operations, driving growth, accountability, and lasting positive change for society. We celebrate the progress made for these communities of impact and remain committed to advancing our objectives while delivering meaningful value to all our stakeholders.”

Key Highlights include:

Go Beyond for Animals: Our strong portfolio, high-impact innovation, unique market approach, and dedication to making life better compels us to Go Beyond for Animals.

  • Brought key innovations to market, such as Zenrelia, Credelio Quattro, and Pradalex, driving $461 million in revenue in 2024, surpassing our innovation revenue contribution target of $420 million to $450 million.
  • Increased pet owner access to parasite protection: Ranked as #1 retail parasiticide dispensing in the U.S. while expanding global retail offerings with AdTab and the U.S. launch of Pet Protect, a new line of veterinary-formulated pet supplements under the Advantage family umbrella.
  • Donated more than $400,000 worth of products through partnerships to support animal health and wellbeing.
  • Served as an inaugural signatory to the U.S. Animal Research Openness Agreement (USARO), reinforcing Elanco’s commitment to transparency in the use of animals in research.

Go Beyond for Customers: Our promise to advocate, earn trust, and solve big challenges to create value inspires us to Go Beyond for Customers.

  • Launched Bovaer®, a first-of-its-kind methane-reducing feed ingredient for lactating dairy cattle.
  • Advanced livestock sustainability with FDA approval of three combination clearances for Experior use with MGA® in finishing heifers.
  • Enrolled 11% of the U.S. dairy herd into Elanco’s UpLook database, a digital insights engine that helps farmers measure and track sustainability goals; allowing U.S. dairy farmers to earn around $10 million in net returns from monetizing carbon credit reductions using Rumensin.
  • Committed $310,000 in scholarships to support the advanced education of students entering the field of veterinary science and animal health.

Go Beyond for Society: Our commitment to improving the health of people through animals, delivering reliable products, and safeguarding the food system drives us to Go Beyond for Society.

  • Educated nearly 150 global producers via the Elanco Food Safety Programme to tackle Salmonella outbreaks in poultry.
  • Dedicated over 730 volunteer hours in food pantries, collaborating with meal-packing organizations to pack over 115,000 meals in 2024.
  • Recovered over $7 million worth of counterfeit products and removed over 700,000 suspect online product advertisements since 2021.
  • Engaged in strategic partnership with Medgene to leverage innovative vaccine technology, including the commercialization of a Highly Pathogenic Avian Influenza (HPAI) vaccine for dairy cattle, once approved.

Go Beyond for Our People: Our unique purpose-driven culture encourages ownership, growth, and wellbeing, motivating us to Go Beyond for Our People.

  • Achieved a 71% Employee Engagement Score as of Q1 2025, noting a 4% increase from the same period a year ago.
  • Recorded more than 26,000 volunteer hours in 2024, contributing $870,000 in estimated value of volunteerism across 1,100 global organizations.
  • Introduced a global machine safety campaign for personal health, safety, and environment (HSE), resulting in a 37% decrease in Days Away, Restricted, or Transferred (DART).
  • Successfully improved energy efficiency at the Kiel facility with an innovative HVAC system, achieving 100% renewable green electricity and 100% neutral natural gas, compensated by certification.

Elanco invites all stakeholders to explore the full 2024 Impact Report and looks forward to further advancing our purpose of Making Life Better for animals, customers, society, and our people in everything we do.

ABOUT ELANCO

Elanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders and society as a whole. With 70 years of animal health heritage, we are committed to breaking boundaries and going beyond to help our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society and Our People. Learn more at www.elanco.com.

Investor Contact: Tiffany Kanaga (765) 740-0314 or tiffany.kanaga@elancoah.com

Media Contact: Colleen Parr Dekker (317) 989-7011 or colleen.dekker@elancoah.com

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Fifth Third Recognized Among Forbes 2025 America’s Best Employers for New Grads

CINCINNATI, June 26, 2025 /3BL/ – Fifth Third (Nasdaq: FITB) has been awarded a place on the 2025 Forbes list of America’s Best Employers for New Grads. This award highlights Fifth Third’s dedication to fostering a workplace where recent graduates can thrive, grow and make a meaningful impact from day one.

“At Fifth Third, building strong connections with our customers, our communities and each other is at the core of who we are. Our early career programs provide an invaluable experience to students and recent graduates that strengthen our teams and help us attract top talent,” said Nancy Pinckney, chief human resources officer at Fifth Third. “This award reflects our dedication to supporting new and recent graduates and empowering the next generation of leaders.”

America’s Best Employers for New Grads 2025 were identified in an independent survey of over 100,000 U.S. young professionals (employees who have less than 10 years of work experience) working for companies employing at least 1,000 people within the U.S. The final score is based on two types of evaluations: personal (those given by employees themselves) and public (those given by friends and family members of employees, or members of the public who work in the same industry), with a much higher weighting for personal evaluations.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

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Amtrak Pacific Surfliner Unveils Special Train Wrap to Celebrate 70th Anniversary of Disneyland Resort

Train riders can access special offers for the Disneyland Resort 70th Celebration

ORANGE, Calif., June 26, 2025 /PRNewswire/ — In celebration of the 70th anniversary of the Disneyland® Resort in Anaheim, Calif., the Los AngelesSan DiegoSan Luis Obispo (LOSSAN) Rail Corridor Agency invites guests aboard Amtrak® Pacific Surfliner® to experience a whimsical limited-time train wrap rolling down the Southern California coast, designed to bring a bit of Disney joy to every leg of the journey. The custom-designed exterior train artwork, unveiled and placed into service on Wednesday, June 25th encourages summer travel to The Happiest Place on Earth. With special discounts on Disneyland Resort tickets and travel for riders, families can now start the fun the moment they board.

“We are thrilled to be part of the Disneyland Resort 70th Celebration,” said LOSSAN Agency Chair and City of Fullerton Mayor Fred Jung. “Taking the Pacific Surfliner to one of the world’s most iconic and beloved destinations makes magical memories start the moment your journey begins.”

“With the launch of our Disneyland Resort 70th Celebration, we’re excited to collaborate on this initiative and see the all-new 70th themed Amtrak Pacific Surfliner riding along the coastline of Southern California,” said Disneyland Resort Vice President of Sales and Services Lynn Clark. “As we honor the legacy of Disneyland Resort, we’re delighted to join LOSSAN to create magical, memorable vacation experiences together for our guests, where the celebration can begin even before they arrive.”

Magical Savings for Every Rider

Amtrak Pacific Surfliner offers a relaxing travel alternative with scenic views, spacious seating, free Wi-Fi and a café car. Whether planning a weekend getaway, a summer vacation or a day trip, the train is a stress-free option for Disney fans.

Connecting major Southern California destinations from San Diego to San Luis Obispo, Amtrak Pacific Surfliner provides easy access to Anaheim and the Disneyland Resort, making it the ideal first and last ride of a magical day.

To commemorate the Disneyland Resort 70th Celebration, Amtrak riders can unlock the following special offers:

  • Save 5% on Disneyland Resort Theme Park Admission – Available for a limited time, Amtrak Pacific Surfliner customers can enjoy 5% savings on standard theme park tickets (1-day or more Park Hopper ticket) and the Disneyland Anniversary Ticket Offer (specially priced 3- and 4-day tickets valid now – August 14, 2025). Savings available after tickets are purchased through the Disneyland Resort Online Ticket Store at PacificSurfliner.com/Disney.
  • Save 20% on Train Travel to Anaheim – Use promo code V712 when booking an Amtrak Pacific Surfliner ride to Anaheim for a 20% discount on adult fares.This offer is valid for travel on Amtrak Pacific Surfliner only and not combinable with any other discount offer. Discount is available for adult fares and applied at checkout. Fares, routes and schedules are subject to change. Other restrictions may apply.
  • Free Shuttle to the Park – Guests arriving at the Anaheim Station can present their Amtrak ticket to board a complimentary ART (Anaheim Regional Transportation) shuttle to the Disneyland Resort.

For more information, please visit PacificSurfliner.com/Disney.

Celebrate 70 Years of Happiness

The Disneyland Resort 70th Celebration is the perfect summer travel destination accessed through Anaheim Station aboard Amtrak Pacific Surfliner with special festivities for all ages to enjoy. The yearlong party honors seven decades of joy with Disney characters in their celebratory attire, parades and nighttime spectaculars at Disneyland Park and Disney California Adventure Park, as well as dazzling décor, collectible souvenirs and themed food and beverage throughout both parks, the Downtown Disney District and the three on-site Hotels of the Disneyland Resort.

For more details, visit Disneyland.com.

About the Amtrak® Pacific Surfliner®

The Pacific Surfliner travels along a 351-mile coastal rail route through San Diego, Orange, Los Angeles, Ventura, Santa Barbara and San Luis Obispo counties, serving 29 stations. It is the busiest state-supported intercity passenger rail route in the United States. To learn more and plan a trip, visit pacificsurfliner.com.

About the LOSSAN Rail Corridor Agency
The Los AngelesSan DiegoSan Luis Obispo (LOSSAN) Rail Corridor Agency is a joint powers authority composed of rail owners, operators and planning agencies along the entire LOSSAN Rail Corridor.  In addition to working to improve passenger rail ridership, revenue, on- time performance, operational flexibility, and safety, the LOSSAN Agency assumed management responsibility for the Pacific Surfliner service in July 2015, following the execution of an interagency transfer agreement with the state of California. For more information, visit Lossan.org.

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SOURCE Amtrak® Pacific Surfliner

Why Yum! Brands Focuses on Food, People, and Planet

The Conference Board

Food, people, and planet—these are the three north stars that help Yum! Brands —a 2025 recipient of the Corporate Responsibility Awards—focus its sustainability efforts across water use, energy, packaging, and more. What lessons can other businesses learn from the sustainability success of this multinational company? 

Join Steve Odland and guest Jon Hixson, chief sustainability officer at Yum! Brands, to find out why your sustainability strategy requires north stars, how the company wins buy-in from franchisees, and what advice he gives to up-and-coming sustainability leaders. 

The 2025 Corporate Responsibility Awards, taking place on April 23, celebrates organizations that have moved beyond public commitments to fully integrate responsible business practices into their core strategies, driving measurable, positive impacts on their organizations, stakeholders, and society. 

(01:54) Defining Sustainability in the Food Industry 
(05:06) Key Trends in Corporate Sustainability 
(06:46) Yum! Brands’ Strategy: People, Food, and Planet 
(10:49) Global Operations and Supply Chain Challenges 
(18:50) Leveraging Technology for Sustainability 
(21:49) Franchisee Engagement and Regulatory Challenges 
(25:35) Future Priorities and Advice for Sustainability Leaders 

For more from The Conference Board: 

Experts in this series

Join experts from The Conference Board as they share Trusted Insights for What’s Ahead®

Steve Odland
President and CEO
The Conference Board
Read Bio

Jon Hixson
Chief Sustainability Officer
Yum! Brands

C-Suite Perspectives

C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.

C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.

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More Than Words: How To Connect With Communities When It Feels Impossible

NORTHAMPTON, Mass., June 26, 2025 /3BL/ – In Episode 7 of 3BL’s What the…? video series, host Mary Mazzoni welcomes back Daniel Blackman, Founder of Renaissance94, for his second appearance on our series. This time, Blackman dives into why the sustainability space continues to miss the mark on real engagement and how practitioners can start to rebuild trust and connection across communities.

Full episode here.

As sustainability messaging becomes increasingly politicized, Blackman pulls no punches on where the industry has gone wrong.

“We’ve seen ESG, we’ve seen sustainability—these have become more about branding than about saving lives,” said Blackman. “It’s been more about branding than about engaging communities.”

He emphasizes the importance of shifting the way communicators show up and speak to people beyond their usual circles.

“We need to stop speaking at and over people. We need to speak to people where they are.”

Key takeaways from the conversation:

  • We’re talking—but not connecting. Sustainability professionals must meet communities where they are, both physically and emotionally, rather than delivering messages from afar or with a corporate filter.
  • Access and infrastructure matter. Many of the communities most impacted by climate issues lack the infrastructure, like broadband or transportation, to even participate in the conversation.
  • Communities want to be part of the solution. Every day, people, especially those directly affected by climate events, have valuable knowledge and lived experience. They should be seen as partners.

Click Here to Watch Episode 7 of What the…?

About 3BL 
3BL transforms impact and sustainability initiatives into business advantages. Since 2009, we’ve helped 1,500+ organizations—from Fortune 500s to NGOs—connect purpose with performance. Our proprietary platform delivers targeted distribution, strategic insights, and measurable analytics, while our media division TriplePundit provides solutions-focused journalism and brand storytelling support.

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Veolia Expands U.S. Hazardous Waste Treatment Leadership Through Strategic Acquisitions and Organic Growth

  • Acquisition of three leading U.S. hazardous waste management companies located in Massachusetts and California
  • A decisive step in the company’s ambition to double the size of its North America business, with a focus on hazardous waste treatment, one of the boosters of GreenUp

BOSTON, June 26, 2025 /3BL/ – Veolia, the world leader in hazardous waste treatment with 5b$ in this activity, patented technologies and a worldwide presence, today announced actions to expand its hazardous waste treatment and disposal business in North America through investment, acquisitions and capacity expansion. The company announced c.$350 million (€300m) in global investments worldwide, including three new U.S. acquisitions in Massachusetts and California and reaffirmed plans to expand existing facilities.

As reshoring drives the growth of US manufacturing industries and medical technologies continue to advance, hazardous waste treatment and disposal capacity must anticipate this demand. Veolia’s global leadership in hazardous waste management allows the company to meet these needs, ensure environmental security for communities, and provide safe, proven solutions for industrial hazardous waste.

Veolia Acquires Three Leading Hazardous Waste Providers

In Massachusetts, the company has acquired New England Disposal Technologies and New England MedWaste. With these acquisitions, Veolia now operates the state’s only permitted medical waste disposal facility, as well as two of the state’s three permitted household hazardous waste disposal sites. The acquisitions also expand Veolia’s leadership in serving the Massachusetts healthcare and life science industries.

In California, the company has acquired Ingenium, a leading waste management service firm specializing in packaging, transportation, recycling and disposal of hazardous, non-hazardous, biological, universal and radioactive waste. This builds on a prior strategic partnership between the two companies to lock in guaranteed high-temperature treatment capacity for customers at Veolia incinerators.

A vast and powerful network of infrastructure in the US, including a state-of-the-art thermal treatment facility to start up in Arkansas

Veolia, which owns six high-temperature incinerators at three sites in the United States (Port Arthur, TX – Gum Springs, AR – Sauget, IL) also gave an update on the expansion of its unique high temperature hazardous waste treatment facility in Gum Springs, Ark., which has been undergoing a multi-year expansion that will make it one of the most technologically advanced and environmentally sustainable facilities of its kind in the world. When the facility starts up it will progressively bring new permitted incineration capacity to the market, much of it already contracted as part of long-term agreements.

The new incinerator design incorporates energy recovery to produce power for the site and therefore is subject to the EPA’s recycling designation of H050 for wastes received for treatment. This designation, coupled with the multiple environmental awards already received by the project, further reinforces Veolia’s position as a provider of environmentally sustainable waste management solutions. This ability to turn waste into a resource and to design facilities that are both essential for the regions and increasingly virtuous perfectly aligns with the ambitions set out in Veolia’s strategic GreenUp program, which aims to depollute, decarbonize, and preserve resources.

In addition to these state-of-the-art high temperature incinerators, Veolia also owns 49 transport and transfer platforms in 29 states as well as significant capacities for the recycling of liquid hazardous waste and electronic waste. Thanks to this wide range of solutions and facilities, the Group is able to efficiently meet the growing needs of local industrial players.

Bob Cappadona, President and Chief Executive Officer of Veolia’s North American Environmental Solutions and Services business said: “Our team is proud to be at the forefront of Veolia’s plans to lead the hazardous waste industry, by investing in growth, expanded capacity and new environmental technologies. The teams at New England Disposal Technologies, New England MedWaste and Ingenium are outstanding performers and are aligned with our GreenUp strategy, our purpose-driven and our customer-centric approach. Together we are positioned to make a real difference for the industry and the planet.”

Estelle Brachlianoff, CEO of Veolia said this week during a thematic event on the subject of hazardous waste organized in northern France at one of the largest high-temperature incinerators in Europe: “Hazardous waste treatment is becoming a strategic bottleneck for many industries, especially those undergoing transformation or reshoring production, it’s also an essential topic for human health and ensuring environmental security. By reinforcing our footprint through both organic investment and acquisition, we are positioning Veolia to remain ahead of the curve. Our global presence, the combination of our expertises, innovative technologies, and ability to scale rapidly enable us to deliver tailored, high-value-added services, while accelerating time-to-market for innovative waste treatment solutions.”

 

ABOUT VEOLIA IN NORTH AMERICA

Veolia in North America is the top-ranked environmental company in the United States for three consecutive years, and the country’s largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. Veolia helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Veolia has more than 10,000 employees working at more than 350 locations across North America.
www.veolianorthamerica.com

ABOUT VEOLIA GROUP

Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024.
www.veolia.com

CONTACTS
VEOLIA IN NORTH AMERICA
Nate Pepper
Vice President, Communications
346-351-0024
nathan.pepper@veolia.com

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Graybar Donates to Tornado Relief Efforts in St. Louis

ST. LOUIS, June 26, 2025 /PRNewswire/ — Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, today announced it will make a $400,000 contribution to disaster relief following the devastating tornado that swept through St. Louis in May.

The May 16 tornado caused widespread damage in parts of St. Louis, displacing families and disrupting the lives of thousands in the community. Graybar’s contribution will support immediate needs and long-term recovery for residents affected by the disaster.

Graybar’s donation will be distributed among several local organizations that provide essential services such as food, shelter, access to medical care and cleanup assistance. Graybar is also coordinating donations of materials and services from other companies, including 3M Company and Milwaukee Tool, which provided work gloves, protective eyewear, hard hats and other critical supplies for the relief efforts.

“Graybar is proud to call St. Louis home, and our hearts go out to our neighbors who have been impacted by this storm,” said Chairman, President and CEO Kathy Mazzarella. “While the damage is significant, we know our community is resilient, and we will get through this together. We hope our contribution helps St. Louis recover, rebuild and emerge even stronger for the future.”

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, industrial, automation and connectivity products, and specializes in related supply chain management and logistics services. Through its network of more than 350 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.

Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com

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SOURCE Graybar

2025-2030: Solar Panel Recycling Market Poised to Hit $548 Million Surge Amid Rising Decommissioned PV Waste | Exclusive Outlook by The Research Insights

CHICAGO and PUNE, India, June 26, 2025 /PRNewswire/ — The Solar Panel Recycling Market size is projected to be valued at USD 384.4 million in 2025 and reach USD 548.0 million by 2030, growing at a CAGR of 7.4% according to a new report by The Research Insights. The world’s solar industry is advancing at a rapid pace, leading to a surge in the production of solar panels. As more panels are installed, the inevitable consequence is that an increasing number of solar panels will eventually reach the end of their useful life, creating a growing stream of decommissioned and obsolete units. This presents a tremendous opportunity for green waste management solutions, as the proper recycling and disposal of solar panels can help prevent environmental contamination and reduce the burden on landfills. Governments around the world are imposing increasingly stringent regulations and standards to ensure the responsible disposal and recycling of PV panels. Furthermore, the recycling process itself becomes more economically viable as valuable materials like silicon, silver, aluminum, and glass can be recovered from old solar panels and reused in new ones. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Solar Panel Recycling Market growth of 7.4% comprises a vast array of Type, Shelf life, Technique, and Geography which are expected to register strength during the coming years.

The Research Insights

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Market Overview and Growth Trajectory:

Solar Panel Recycling Market Growth: According to an exhaustive report by The Research Insights, the Solar Panel Recycling Market is experiencing significant growth. This growth is mainly because of the rising EOL and decommissioned solar panel installations and limited supply of solar panel critical raw material. The decline in primary silver prices further gives importance to the solar panel recycling industry. The increasing demand for green energy is driving the solar panel recycling market. According to one of the report’s latest study, Perovskite-based solar panels are anticipated to disrupt the traditional silicon-based PV industry in the coming years, which will have an effect on the solar panel recycling market and other markets. Solar panel recycling industry will also face impact from Perovskite solar panels. In addition to this, public awareness regarding the benefits of solar panel recycling is another major factor influencing the growth of the solar panel recycling market. The cost of raw material recovery is an important factor driving the solar panel recycling market. The high recovery cost is because the solar panels do not come in contact with liquids during the manufacturing process.

End-of-Life Solar Panels and Mounting Solar Waste:
One of the most pressing drivers of the solar panel recycling market is the increasing volume of decommissioned and aging solar panels reaching their end-of-life (EoL). Most photovoltaic (PV) panels have a lifespan of about 25–30 years. As early installations from the 1990s and 2000s now begin to expire, the global volume of solar waste is rapidly increasing. According to the International Renewable Energy Agency (IRENA), it is projected that by 2050, up to 78 million tonnes of solar panel waste could accumulate worldwide. This massive accumulation poses environmental, regulatory, and logistical challenges, necessitating robust recycling systems. Recycling helps recover valuable materials such as silver, aluminum, silicon, and glass, reducing the environmental footprint of PV systems and ensuring sustainability across the product lifecycle. As global solar capacity continues to expand, so too does the imperative to manage EoL materials responsibly, driving the demand for efficient recycling infrastructures.

For Detailed Market Insights, Visit: https://www.theresearchinsights.com/reports/solar-panel-recycling-market-4307 

Government Regulations and Policy Support:
Government regulations and extended producer responsibility (EPR) mandates are significantly accelerating the growth of the solar panel recycling industry. In regions like the European Union, under the Waste Electrical and Electronic Equipment (WEEE) Directive, solar panels are legally classified as e-waste and must be properly collected and recycled. Manufacturers are obligated to finance the take-back and recycling of their products. Similarly, countries such as Japan, South Korea, and India are implementing or planning regulatory frameworks to address solar waste management. In the United States, some states (e.g., California and Washington) are leading policy initiatives that include EPR laws for PV modules. Such regulations not only incentivize solar companies to integrate recycling programs but also stimulate investments in specialized recycling facilities, technology development, and workforce training — all of which are critical to scaling the market.

Resource Recovery and Circular Economy Incentives:
The economic and environmental benefits of recovering rare and finite materials from solar panels are a strong motivator for recycling. PV modules contain valuable components like silver, copper, high-purity silicon, and rare earth elements that are expensive to mine and refine. Recycling allows for the reuse of these materials, reducing dependence on virgin mining operations, conserving natural resources, and lowering energy use in manufacturing. This is particularly relevant as raw material prices fluctuate and the demand for solar-grade materials increases in tandem with the growth of renewable energy installations. The circular economy model — emphasizing reuse, refurbishment, and resource efficiency — is gaining widespread traction among governments, businesses, and environmental groups. By reintegrating recovered materials into the production cycle, solar panel recycling aligns with global sustainability goals and corporate ESG commitments, further driving adoption and market growth.

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Geographical Insights: 

The increasing number of solar installations set to reach their end of life (EoL) and people awareness regarding the environmental benefits of solar panel recycling are the major factors propelling the growth of North American solar panel recycling market. In addition, the governments are also passing initiatives that impose stringent environmental regulations while at the same time providing monetary benefits for solar power generation, which will also favor the solar panel recycling market.

Europe is having a strong presence in the global solar panel recycling market with a market share of 39.5% in 2024. The primary reason behind Europe’s high share in the global market is its strong inclination towards environmental sustainability.

Asia Pacific solar panel recycling market will see rapid growth in the coming years. This is due to the high expected growth in solar installations in China, Japan, and India in the coming years, which will have an effect on the solar panel recycling market and other markets. Solar panel recycling industry will also face impact from Perovskite solar panels. In addition to this, initiatives led by the government to increase the use of renewable energy and to better manage electronic waste are also responsible for the growth of solar panel recycling market.

Global Solar Panel Recycling Market Segmentation and Geographical Insights:

  • Based on Type, the solar panel recycling market is divided into, Mechanical, Thermal, and Laser. Mechanical recycling plays a pivotal role in the solar industry, accounting for the majority of its 2024 output at 59.6%.
  • Based on Shelf Life, the solar panel recycling market is divided into, Early Loss, and Normal Loss. The early loss segment, encompassing solar panels that fail prematurely, dominated the market share in 2024.
  • Based on Technique, the solar panel recycling market is divided into, Monocrystalline, Polycrystalline, and Thin Film. Monocrystalline solar panels have long been a staple in the renewable energy sector, renowned for their exceptional efficiency and longevity, making them a preferred choice for residential, commercial, and industrial settings alike.
  • The Solar Panel Recycling Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Key Players and Competitive Landscape:

The Global Solar Panel Recycling Market is characterized by the presence of several major players, including:

  • First Solar Inc.
  • Echo Environmental, LLC
  • SILCONTEL LTD
  • Canadian Solar
  • Silrec Corporation.
  • SunPower Corporation
  • Reiling GmbH & Co. KG
  • Trina Solar
  • Aurubis
  • Envaris
  • SiC Processing GmbH
  • Yingli Energy Co. Ltd.
  • Hanwha Group

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Global Solar Panel Recycling Market Recent Developments and Innovations:

  • In May 2025, SOLARCYCLE signed a Recycling Services Agreement with RWE Clean Energy. This agreement allows and secures recycling of solar panels from the numerous RWE solar projects after the end of their operational life.
  • In March 2025, ROSI announced an exclusive partnership with Waste Experts and City Electrical Factors (CEF) that will advance solar panel recycling in the United Kingdom. The goal is to combat the increasing number of solar panels at the end of their useful life in a responsible manner for the renewable energy industry.
  • In October 2024, one of the largest US solar module manufacturers, Runergy Alabama Inc., announced an official partnership with SOLARCYCLE. SOLARCYCLE will deliver at least 4 gigawatts, or 30 million square meters of high-quality glass, partially manufactured out of recycled solar panels over a five-year period.
  • In September 2024, Canadian Solar and SOLARCYCLE partnered to make Canadian Solar one of the first crystalline silicon solar module manufacturers to provide customers in the US with an option of a full recycling process. SOLARCYCLE is the exclusive recycling and sustainability partner for Canadian Solar under this agreement.

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Frequently Asked Questions (FAQs):

  1. What is the forecasted market size of the Solar Panel Recycling Market in 2030?
    The forecasted market size of the Solar Panel Recycling Market is USD 548.0 million in 2030.
  2. Who are the leading players in the Solar Panel Recycling Market?
    The key players in the Solar Panel Recycling Market include, First Solar, Inc.; Echo Environmental, LLC; Silcontel Ltd.; Canadian Solar; Silrec Corp.; SunPower Corp.; Reiling GmbH & Co. KG; Trina Solar; Aurubis; Envaris; SiC Processing GmbH; Yingli Energy Co. Ltd.; and Hanwha Group
  3. What are the major drivers for the Solar Panel Recycling Market? 
    The market’s expansion can be attributed to the increasing number of end-of-life panels that need to be responsibly managed and recycled.
  4. Which is the largest region during the forecasted period in the Solar Panel Recycling Market?
    Europe is having a strong presence in the global solar panel recycling market with a market share of 39.5% in 2024.
  5. Which is the largest segment, by type, during the forecasted period in the Solar Panel Recycling Market?
    Mechanical recycling plays a pivotal role in the solar industry, accounting for the majority of its 2024 output at 59.6%.

Conclusion:

The emphasis on sustainable development and the resulting awareness of the benefits of recycling is growing. This is because of the increased volume of EOL photovoltaic modules. The demand for solar panel recycling market is growing rapidly as a result. The emphasis on sustainable development and the resulting awareness of the benefits of recycling is growing. This is due to the increased number of installations solar panel. In recent years, the solar panel recycling market has grown in response to the rising number of EOL photovoltaic modules. Globally, the adoption of solar power continues to climb at a rapid rate, with billions of dollars of new capacity being commissioned each year. As a result, a parallel increase in EOL PV waste is expected, presenting both challenges and opportunities for the solar panel recycling industry. Solar panel recycling industry recovers components such as silicon, silver, and aluminum by using advanced recycling technologies such as shredding, separation, and refining. These processes are lessening the solar industry’s reliance on raw material mining and manufacturing, and they are also supporting a circular economy by recovering components. The recycling and safe disposal of PV systems have also received additional impetus in many locations as a result of government regulations and producer responsibility programs. As a result, strategic investments in automated recycling infrastructure, the implementation of scaling procedures, and the development of innovative chemical and mechanical separation technologies are all contributing to the solar panel recycling market rapid growth in recent years. Solar panel recycling is a crucial part of the wider transition to green energy that will aid in the long-term energy sustainability and lessen the environmental effects of renewable energy technology.

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The report from The Research Insights, therefore, provides several stakeholders— government agencies, environmental organizations, solar panel manufacturers, energy utilities, and waste management companies— with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 548.0 million by 2030, the Global Solar Panel Recycling Market represents a significant opportunity for recycling technology startups, raw material recovery firms, e-waste processors, green investment firms, and circular economy consultants, can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

  • Solar Energy Systems Market: The Global Solar Energy Systems Market is expected to reach at USD 607.8 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 15.7% during the forecast period. The increasing need for sustainable energy sources is driving this growth, as consumers seek alternatives to traditional fossil fuels.
  • Floating Solar Panels Market: The Global Floating Solar Panels Market is expected to reach at USD 172.90 million by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 23% during the forecast period. The surge in clean fuel power generation energy sources and the scarcity of land area are driving forces behind this growth.

Browse More related reports on Energy & Power Industry Market Reports – https://www.theresearchinsights.com/categories/energy-power 

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SOURCE The Research Insights