Month: July 2025
Abu Dhabi launches its first climate change adaptation plan 2025-2050
JPMorgan, Microsoft Back New Financing Model to Scale Nature-Based Carbon Removal Projects
Parkland Announces Date of 2025 Second Quarter Results
CALGARY, AB, July 22, 2025 /PRNewswire/ – Parkland Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX: PKI) expects to announce its 2025 second quarter results after markets close on Tuesday, August 5, 2025. Financial Statements and Management’s Discussion and Analysis will be posted to www.parkland.ca and www.sedarplus.ca after the results are released.
Due to the pending arrangement with Sunoco LP that was previously announced on May 5, 2025, Parkland will not host a conference call or webcast to discuss its second quarter results.
About Parkland Corporation
Parkland is a leading international fuel distributor, marketer, and convenience retailer with safe and reliable operations in twenty-six countries across the Americas. Our retail network meets the fuel, and convenience needs of everyday consumers. Our commercial operations provide businesses with fuel to operate, complete projects and better serve their customers. In addition to meeting our customers’ needs for essential fuels, Parkland provides a range of choices to help them lower their environmental impact, including manufacturing and blending renewable fuels, ultra-fast EV charging, a variety of solutions for carbon credits and renewables, and solar power. With approximately 4,000 retail and commercial locations across Canada, the United States, and the Caribbean region, we have developed supply, distribution, and trading capabilities to accelerate growth and business performance.
Our strategy is focused on two interconnected pillars: our Customer Advantage and our Supply Advantage. Through our Customer Advantage, we aim to be the first choice of our customers through our proprietary brands, differentiated offers, extensive network, competitive pricing, reliable service, and compelling loyalty program. Our Supply Advantage is based on achieving the lowest cost to serve among independent fuel marketers and distributors in the hard-to-serve markets in which we operate, through our well-positioned assets, significant scale, and deep supply and logistics capabilities. Our business is underpinned by our people and our values of safety, integrity, community, and respect, which are embedded across our organization.
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SOURCE Parkland Corporation
A Year On, Paris 2024 Belongs to Everyone
International Olympic Committee news
A year ago, beneath a stormy summer sky, history unfolded along the River Seine. For the first time ever, the Opening Ceremony broke free from stadium walls and embraced the city itself. Athletes from over 200 National Olympic Committees and the International Olympic Committee (IOC) Refugee Olympic Team floated down the river aboard a fleet of boats, transforming the Seine into a majestic stage.
Despite the rain, over 300,000 spectators lined the riverside in person, and hundreds of millions watched from around the globe – witnessing a city reimagined through sport: proud, creative and inclusive.
Following the opening, for 17 days, Paris came alive with sport and celebration. With nearly 90 per cent of people in the Paris region engaged with the Games, the celebrations were spilling out into every street, venue and screen. From dramatic finishes at the Stade de France to roaring crowds at La Défense Arena, the city pulsed with emotion.
Simone Biles staged a stunning comeback, Léon Marchand lit up the pool with five medals, and Armand Duplantis soared to a new world record. In Tahiti, surfers conquered the waves of Teahupo’o, showing how Paris 2024 expanded both the reach and meaning of the Games. Around five billion people around the world, 84 per cent of the potential audience, followed the magic of Paris 2024, making them the most followed Olympic Games ever.
In keeping with its motto, “Games Wide Open”, Paris 2024 was the first edition fully aligned with the principles of the Olympic Agenda reforms – the IOC’s strategic roadmap to make the Games more inclusive, more sustainable and better tailored to the needs of their host.
And Paris showed this Agenda in action – from planning and procurement to delivery and legacy. Every decision was guided by the question: how can the Games serve the city, its people and generations to come?
More sport for more people
Paris 2024 put sport at the heart of daily life – especially for young people. Through the “Bouger Plus” campaign, 30 minutes of daily physical activity are now being introduced into all French primary schools. Over 38,000 children have so far received free swimming lessons through the “1,2,3 Nagez!” programme.
Since 2017, more than five million young people have taken part in Olympic and Paralympic Week, with 700,000 participating in 2025. The “Impact 2024” Fund supported grassroots projects that brought sport and social innovation to 4.5 million people.
Over 5,000 municipalities across France took part in the “Terre de Jeux” programme, hosting over 50,000 sport-related events since 2019. Some 370 of those municipalities have been awarded the “Ville Active et Sportive” label, which recognises innovative sports policies and, to date, has been granted to towns and cities that between them are home to more than a third of France’s population.
The Paris 2024 Organising Committee’s EUR 76 million budgetary surplus will help carry the Olympic and Paralympic legacy further, with the Paris 2024 Endowment Fund responsible for the promotion and development of sport across France.
An inclusive celebration
Inclusivity ran through every detail of the Games. One million tickets were distributed free of charge to local residents. Every venue was designed or upgraded to improve their accessibility. Those with disabilities participated not just as athletes, but as fans, volunteers, organisers and performers.
Gender equality was a defining feature. Paris 2024 was the first Games to achieve full gender parity on the field of play – thanks to the quota places being distributed equally by the IOC to men and women. Twenty-eight of 32 sports reached full gender balance, and 196 delegations selected both a male and female flagbearer for the Opening Ceremony.
Across the country, thousands of community celebrations brought the Games into everyday life – proving that Paris 2024 truly belonged to everyone.
Delivering social and economic impact
The Games generated an estimated EUR 7 to 11 billion in net value for the Greater Paris region, boosting local industries, skills development and long-term investment. This impact was widely shared, making sure the Games contributed positively to local communities and integrated social considerations into economic opportunities. Over 181,000 people were employed across sectors and 90 per cent of suppliers were French, 80 per cent of which were small or medium-sized enterprises. More than 800 local businesses from the social and solidarity economy helped deliver the Games, bringing visibility and momentum to inclusive entrepreneurship.
Seine-Saint-Denis, one of France’s most diverse and disadvantaged departments, was at the heart of the Games, hosting the Olympic Village and the Olympic Aquatics Centre. The Village is now being converted into a permanent eco-neighbourhood, with private and social housing, schools, nurseries and green public spaces. Having recently re-opened to the public, the Aquatics Centre is now a permanent public facility, creating opportunities for everyday sport in one of France’s most underserved areas for sports infrastructure. To mark the first anniversary of the Paris 2024 Opening Ceremony, the centre will be open for free to the public on 26 July 2025, thanks to an initiative by the Greater Paris Metropolitan Area and Saint-Denis authorities.
Major upgrades to transport, green infrastructure and community services were accelerated. A former Paris 2024 fan zone, Parc Georges-Valbon, located in the heart of Seine-Saint-Denis, underwent its own transformation, becoming France’s largest new urban park and offering residents long-overdue access to nature and recreation.
One of the most powerful symbols of regeneration is the Seine itself. After a century of pollution, the river was cleaned and reopened for public swimming – a major effort that was accelerated by the Games. On 5 July 2025, three new natural swimming areas – at Bras Marie, Bercy and Grenelle – opened to the public.
Throughout the capital, new green spaces, revitalised streets and a calmer urban environment are improving the quality of life – not just for visitors, but for Parisians themselves.
A lighter footprint
These benefits were delivered while also raising the bar for sustainability. Paris 2024 was the first edition of the Games aligned with the Paris Agreement on climate change, cutting the carbon footprint in half compared to the average of London 2012 and Rio 2016. Ninety-five per cent of venues were existing or temporary, with just three low-carbon new builds.
Nearly all six million assets used were reused, recycled or donated. The entire event was powered by renewable energy – with no diesel generators in use and even solar panels floating on the Seine.
Some 87 per cent of spectators used public or active transport, thanks to expanded bike lanes, better infrastructure and a Games plan designed around accessibility and efficiency.
A model, not a template
Paris didn’t just host the Games – it redefined what hosting can mean.
At the core of this shift were the reforms of Olympic Agenda: a commitment to flexibility, relevance and long-term value. The Games are not a fixed model. Instead, they are shaped around the host’s priorities – whether that’s social inclusion, climate action, economic development or urban regeneration.
Paris 2024 brought that vision to life, proving that sport can be a catalyst for systemic change – when it is integrated, intentional and inclusive from the start.
Mondelēz 2024 Snacking Made Right Report: Waste
We’ve been working for years to reduce the levels of waste from our operations. We continue to sharpen our focus on food waste, engaging in initiatives aiming to avoid it.
HIGHLIGHTS
- Approximately (30)% Food waste reduction in Internal manufacturing sites (vs. 2018) (1)
- Approximately (47)% Food waste reduction from distribution (vs. 2018) (2)
Strategic Approach
Close to a third of all food produced for human consumption is lost or wasted. That’s why we’re focused on key actions across our Company-owned manufacturing sites to help reduce and eliminate food waste.
At Mondelēz International we have governance procedures in place that help us identify wastage hot spots and focus on the biggest losses incurred during production in our manufacturing locations globally. This enables us to create ever-better process capabilities for reduction of waste.
We then apply proven Lean Six Sigma practices by using leading engineering and digital solutions. We continually track performance, enabling us to intervene quickly when corrective actions are needed. Within our manufacturing teams, we are working to identify opportunities and course correct our practices.
Action Plans and Progress
During last year, we focused our key waste-related sustainability initiatives on making our production lines more efficient. We tracked waste trends every month, analyzing them to identify the best opportunities for reduction across our processes and geographies.
In addition to our 2025 goal of reducing food waste in internal manufacturing by approximately 15% (compared to our 2018 baseline) and individual goals across our regions, our businesses and sites keep us focused on continued improvement in areas like waste generated, waste treated and waste to landfill. While our primary focus is on food waste, we also analyzed our waste management throughout the year to identify and act on major opportunities.
In 2024, this approach drove down food waste at our manufacturing sites by about (30)% well ahead of our 2025 goal of approximately 15%.(1) We also delivered about a (47)% reduction in food waste from distribution, progressing to meet our 2025 goal (against our 2018 baseline).(2)
For instance, during 2024 our Claremont plant in Australia achieved an outstanding performance in food waste reduction with multiple improvements in the production lines, such as optimization of the feedstock, segregation, tagging for re-work, automation of manual work and digitalization of waste-tracking generation per shift.
Thanks to these improvements the site reduced more than 1,100 tons of food waste representing approximately 46% food waste reduction against last year.
Our Vitória de Santo Antão plant in Brazil achieved over 440 metric tonnes of food waste reduction driven by multiple process optimization projects that contributed to an improvement in waste reduction.
In Brazil, our Curitiba plant implemented a circular economy project where high-sugar content waste gets upcycled for production of ethanol by third parties. This avoided approximately 840 metric tonnes of waste generation annually.
STOPPING GOOD FOOD GOING TO WASTE
In 2024, our Philadelphia brand continued partnering with the innovative Too Good To Go app to help shoppers in Austria, Germany, Denmark, Finland, Norway, Sweden and Switzerland buy food right before it goes to waste. We identified an opportunity and worked together to help address the uncertainty often caused by the best-before date (BBD), printing the “Often Good After” logo on our packaging.
In Sweden, we also continued donating surplus products to Matmissionen supermarkets, which are then sold at a reduced price to economically vulnerable consumers.
FUTURE OUTLOOK
At Mondelēz International, we continue our path towards food waste elimination by leveraging our business programs in food waste prevention and reduction with key collaborators.
Goals and Metrics
- 15% food waste reduction in internal manufacturing sites by 2025 (vs.2018)
- 50% food waste reduction from distribution by 2025 (vs. 2018)
2024 PROGRESS
|
2024 |
2023 |
2018 |
|
| Total waste generated in internal manufacturing sites (metric tonnes) (1) | 319,000 | 332,000 | 383,000 |
| Total food waste generated in internal manufacturing sites (metric tonnes) (1) | 196,000 | 207,000 | 278,000 |
| Food waste reduction in Internal manufacturing sites (vs. 2018) (%) (1) | (30) % | (26)% |
___ |
| Food waste reduction from distribution (vs. 2018) (%) (2) | (47) % | (69)% |
___ |
(1) Reported information includes all divestitures to date and the following acquisitions (which were not included in previous years): Chipita, Clif bar, Give & Go, Gourmet Foods, Ricolino and Tate’s Bake Shop except for Evirth (subject to future data integration). We have recalculated our base year 2018 (where applicable) and most recent years 2023 and 2024 for year-over-year comparison. Reported information is verified by an independent third-party and available in our ESG Reporting & Disclosure Reporting Archive.
(2) 2024 actuals includes all acquisitions except North America Ventures, Give & Go and Evirth. The baseline year (2018) has not yet been restated to match such recent acquisitions. We aim to complete re-baselining in 2025. Reported information includes estimation of volume based on cost to ton conversion.
Silvania and Grupo Perú agree first of a kind agreement to launch world’s First Jurisdictional REDD+ Program on Indigenous Lands
- Historic Partnership: Silvania and Grupo Perú, representing AIDESEP, ANECAP, and CONAP, join forces to develop the world’s first Jurisdictional REDD+ Program on Indigenous lands in Peru, led by the Peruvian Ministry of Environment (MINAM).
- Landscape scale Amazon protection: The initiative aims to protect up to 7.5 million hectares of Amazon rainforest, delivering significant biodiversity and climate benefits.
- Indigenous Leadership: The program prioritizes Indigenous rights, cultural heritage, and sustainable development, empowering local communities as stewards of the forest.
GENEVA, July 22, 2025 /PRNewswire/ — Silvania, Mercuria’s global natural capital investment platform, has announced a partnership with Grupo Perú – a coalition representing three Indigenous Peoples organizations in Peru: AIDESEP, ANECAP, and CONAP – to invest in the development of the world’s first Jurisdictional REDD+ Program on Indigenous lands, marking a significant step forward in global conservation and climate action.
Signed in the presence of the Peruvian Minister of Environment, Juan Castro Vargas, this initiative will be led by the Peruvian Ministry of Environment (MINAM) in close collaboration with Grupo Perú and their NGO partner, Desarrollo Rural Sustentable (DRIS).
Together, the Jurisdictional REDD+ program aims to protect up to 7.5 million hectares of Amazon rainforest, while fostering sustainable development and safeguarding the rights and cultural heritage of Indigenous communities.
A Pioneering Approach to Conservation and Community Empowerment
The program represents a new model for addressing deforestation and climate change in partnership with the Indigenous communities. By implementing a range of initiatives designed to enhance livelihoods, improve social conditions, strengthen governance capacity, and bolster the enforcement of regulatory frameworks, the program seeks to create lasting benefits for both people and the planet.
Central to this effort is a deep commitment to respecting the rights, traditions, and needs of the Indigenous communities who have long served as stewards of these vital forests. The initiative will prioritize inclusive decision-making and equitable benefit-sharing to ensure that the voices of Indigenous Peoples remain at the heart of conservation efforts.
Protecting Biodiversity and Advancing Climate Goals
The Amazon rainforest is home to some of the world’s most biodiverse ecosystems, and the program is expected to deliver significant biodiversity benefits alongside its conservation efforts. By safeguarding these critical habitats, the initiative will contribute to global climate goals while preserving the rich natural heritage of the region.
The program will be registered under the ART TREES standard. This robust framework will help drive measurable progress in reducing deforestation and promoting sustainable land use practices.
A Shared Vision for a Sustainable Future
“This partnership represents a monumental step forward in the fight against deforestation and climate change,” said Andres Huby, Head of Latam at Silvania. “By working hand-in-hand with Indigenous communities, we are not only protecting vital ecosystems but also empowering the stewards of these lands to lead the way in sustainable development.”
CONAP echoed this sentiment, emphasizing the importance of collaboration and respect for Indigenous rights. “The forest is not just life, it is our home, our history, and our future. With these agreements, we are ensuring its protection and reaffirming our commitment to the world,” said Apu Oseas Barbarán, president of CONAP.
Voices from Indigenous leadership
“For years, we have maintained that the international community cannot talk about climate solutions without Indigenous peoples. This agreement represents an opportunity to strengthen our capacities for Indigenous governance, boost territorial monitoring, and channel climate resources in a direct, fair, and transparent manner,” said Apu Jorge Pérez, president of AIDESEP.
“The union of Indigenous peoples through the Grupo Peru, together with MINAM and the private sector through Mercuria via their Silvania vehicle, enables the establishment of a strategic alliance for the conservation and sustainable use of forests that benefits the Indigenous peoples of the Amazon, improving their quality of life,” stated Apu Fermín Chimatani, president of ANECAP.
About Silvania
Silvania is a global natural capital investment platform launched with an initial USD $500 million commitment from Mercuria and its co-founders, aims to restore the planet’s natural balance by mobilizing large-scale private investment in nature and biodiversity.
It is a leading company in investing in and developing environmental solutions, carbon credit trading and marketing, sustainable finance, and climate impact initiatives. The company is dedicated to fostering partnerships that drive measurable progress in global sustainability efforts.
About Grupo Perú
Grupo Perú is a coalition of three Indigenous Peoples organizations in Peru— Interethnic Association for the Development of the Peruvian Rainforest (AIDESEP), National Association of Executors of Administration Contracts of Communal Reserves of Peru (ANECAP), and Confederation of Amazonian Nationalities of Peru (CONAP). They encompass a wide range of tribes and ethnic group to represent and advocates for the rights of Indigenous Peoples – promoting the sustainable development of Indigenous territories, protecting cultural heritage, and ensuring the recognition of Indigenous governance systems. Collectively they represent over 3,000 Indigenous Communities.
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SOURCE Silvania
PETRONAS and CNH Launch New Line of Lubricants With a Focus on the Circular Economy
World-class equipment, technology and services company, CNH, in partnership with PETRONAS Lubrificants International (PLI), through its subsidiary PETRONAS Lubrificantes Brasil (PLB), has launched the FLEETPRO Cycle product line.
It has been developed to serve the agricultural machinery of the Case IH and New Holland brands, as well as CASE Construction Equipment and New Holland Construction.
This portfolio is created with sustainable raw materials, in addition to using high-performance technologies, maintaining the quality and performance standard of the brands. The initiative also reinforces the companies’ commitment to sustainability.
To enable the development of this initiative, the companies have entered into a collaboration with Lwart Soluções Ambientales, a leader in re-refining and the only producer of GII base oils (the main raw material for the production of lubricants) in Latin America. Using the lubricating oil used as raw material and high-tech processes, Lwart manufactures GII base oils with quality equal to or even superior to the first refining base oil, produced from petroleum.
The circular economy is guaranteed with the safe collection of used lubricating oil in more than 500 CNH brand dealerships throughout Brazil.
“This new line is the practical result of a solid CNH strategy, bringing to customers of our agricultural and construction machinery brands an initiative that combines quality, economy, innovation and sustainable technology. The result of this joint work benefits our entire chain and ensures end-to-end performance and safety”, commented Fernando Gaya, responsible for CNH’s Commercial and Parts Operations area for Latin America.
In addition to the reverse logistics of used lubricating oil, PETRONAS has implemented several initiatives focused on the circular economy. The company is a founding member of the Play Fair Institute. The program, present in more than 4,000 municipalities around Brazil, aims to collect and recycle used lubricant packaging. In 2023, the initiative disposed of more than 5.9 thousand tons of plastic materials in an ecological way, 95% of which went to recycling.
PETRONAS also focuses on waste management from its operation in Contagem (MG), where the company’s plant in Brazil is located. “Being part of relevant programs, and having partners such as CNH, Lwart and the Play Clean Institute, is essential for us to achieve our sustainability goals. Such initiatives reaffirm our value proposition: to provide impactful solutions for our customers – in addition to contributing to a more sustainable future, promoting the improvement of society, through innovation and collaboration”, added Eduardo de Silos Santos.
Read more here.
Eightpoint’s New Holy Bible App Makes It Easy to Stay Connected to God’s Word–Even Offline
Now available on iOS and Android, the Holy Bible app helps users stay spiritually grounded with daily verses, devotionals, multiple translations, and offline access.
GEORGE TOWN, Cayman Islands, July 22, 2025 /PRNewswire/ — For many people of faith, finding time each day to read the Bible can be difficult. Whether it’s due to a busy schedule, lack of access to a physical Bible, or not knowing where to begin, staying consistent with Scripture isn’t always easy. The newly launched Holy Bible app, now available on Android and iOS, is designed to remove those barriers and help users stay connected to God’s Word—anytime, anywhere.
Stay connected to God’s Word—anytime, anywhere.
Created for readers of all ages and backgrounds, the app offers a streamlined, accessible way to engage with Scripture every day. Users can receive inspirational Bible verses daily, explore multiple Bible translations including the King James Version (KJV), and access thoughtful devotionals that offer encouragement and guidance.
The Holy Bible app also includes a growing library of faith-based articles to help deepen users’ understanding of Biblical teachings. With offline access, users can read the Bible and devotionals even when they’re on the go or without internet service—perfect for travel or limited-connectivity environments.
Designed with simplicity in mind, the app features an intuitive layout that allows for easy navigation, highlighting, bookmarking, and note-taking, making it ideal for both quick inspiration and deeper study. Verses and devotionals can also be shared easily with friends and family, encouraging a sense of community and shared faith.
“We built this app to serve the real needs of people trying to grow spiritually in a busy, modern world,” said Ryan Marshall, Chief Product Officer. “Our goal is to make it easier to bring Scripture into daily life in a meaningful way.”
The Holy Bible app is now available for free download on the Apple App Store and Google Play Store. Whether you’re a longtime believer or exploring the Bible for the first time, Holy Bible offers a welcoming, practical way to stay rooted in God’s Word.
Eightpoint is a digital product company transforming bold ideas into impactful, scalable products. We rapidly build and evolve user-first products that solve real problems—from desktop to mobile and beyond. Our growing ecosystem includes innovative products like NOAA Live Weather Radar, a sleek app that delivers real-time forecasts with clarity and ranks among the most-used weather apps in the World; Check Heart Rate Now, a quick and easy wellness monitor; and Wave Browser, a powerful and secure way to search the web. Every product we launch is designed to engage users, enhance daily life, and deliver real-world value. Backed by data and driven by a relentless commitment to quality, Eightpoint moves fast, thinks big, and builds digital experiences that people love. Discover how we turn big ideas into bold digital products at https://eightpoint.io
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SOURCE Eightpoint
Fifth Third Again Named Best Treasury and Cash Management Bank by Global Finance
CINCINNATI, July 22, 2025 /3BL/ – Fifth Third (NASDAQ: FITB) was again named Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine for 2025. This makes Fifth Third a two-time honoree in the Midwest region, and this year, Fifth Third was also recognized in the Southeast region. The award was announced by Global Finance as part of its 25th annual Best Treasury and Cash Management Banks Award program.
“Receiving the award for Best Treasury and Cash Management Bank two years in a row is an honor, but it’s not just about the recognition—it’s about the confidence our clients have in us and the progress we’re making together,” said Bridgit Chayt, head of commercial payments. “This award reinforces our commitment to innovation and dedication to serving our customers with solutions that support their growth, simplify their operations and launch new possibilities.’’
Global Finance uses a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services.
A variety of subjective and objective criteria were considered, including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision. Winners were chosen in more than 70 countries, territories and districts, as well as regionally across multiple categories in eight countries and in six US Regions.
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.
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CONTACT
Adrienne Gutbier (Media Relations)
adrienne.gutbier@53.com | 513-534-8038
Matt Curoe (Investor Relations)
matt.curoe@53.com | 513-534-2345
