CDP Once Again Recognizes Sofidel’s Environmental Commitment

January 23, 2026 /3BL/ – Sofidel continues to strengthen its leadership in environmental sustainability, starting the new year with renewed recognition from CDP, one of the world’s foremost authorities on environmental performance disclosure.

In 2025, Sofidel once again earned an A- rating from CDP in both the Climate Change and Forests categories, confirming the Group’s strong commitment to combating climate change and responsibly managing forest resources.

Notably, CDP introduced a commodity-based assessment for the first time this year, known as Commodity Scores. Within this new evaluation framework, Sofidel achieved the highest possible rating (A) for Timber, underscoring its excellence in sustainable forest management and the responsible sourcing of pulp.

CDP is a leading independent global organization dedicated to measuring, managing, and reporting environmental impacts. In 2025, CDP evaluated more than 22,100 companies worldwide, making Sofidel’s results particularly significant within a highly competitive global landscape.

This recognition reaffirms Sofidel’s long-standing commitment to sustainability and its ongoing efforts to integrate environmental responsibility across its operations and supply chain.

Sofidel Group 

The Sofidel Group, headquartered in Porcari (Lucca, Italy), is one of the leading manufacturers of paper for hygienic and household use worldwide. Established in 1966, the Group is active in 13 countries, 12 in Europe and the United States (12 States), with over 9,500 employees and a production capacity of 1,983,000 metric tons per year. In 2024, the Group had Net Sales of 3.225 billion Euros. “Regina”, its most well-known brand, is present on almost all the reference markets. Other brands include: Sopalin, Le Trèfle, Hakle, Softis, Nalys, Cosynel, KittenSoft, Nicky and Papernet.

Sofidel is committed to reaching Net-Zero carbon emissions by the end of 2050. www.sofidel.com

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KeyBank Arranges $43.4 Million for Permanent Supportive Housing in Salt Lake City

CLEVELAND, January 23, 2026 /3BL/ – KeyBank Community Development Lending and Investment (CDLI) provided a $27.3 million construction loan on behalf of the Housing Authority of Salt Lake City (HASLC) to finance the rehabilitation and new construction of Permanent Supportive Housing and a subsidized apartment community in Salt Lake City. KeyBank’s Commercial Mortgage Group (CMG) also arranged permanent financing with a $16 million Freddie Mac 9% LIHTC forward commitment. The rehabilitation and new construction will consist of 218 units:

  • Sunrise Metro – Renovation of existing 100-unit, 4-story structure with the addition of 18 new units to the 2nd floor
  • Atkinson Stacks – New construction of 100-unit, 6-story structure

Units are restricted at 25%-35% of area median income (AMI) across six studios and 212 one-bedrooms. The new building will include commercial space on the bottom floor to be occupied by Sacred Circle, a supportive services and case management provider. Sacred Circle will provide substance abuse counseling, employment, financial support and other services as needed. They will also operate a clinic and pharmacy.

Unit amenities include kitchen range, refrigerator, laminate countertops, and vinyl floors. Property amenities currently in Sunrise Metro include a courtyard, garden, dog run, case management offices, supportive service spaces, and a food pantry. With the expansion and renovation, the HASLC is adding a gym, programmed outdoor spaces, a pharmacy, and a medical clinic to be staffed by Sacred Circle Healthcare, projected to have 12 full-time employees at the site.

“We sincerely thank KeyBank for supporting this transformative project,” Daniel Nackerman, Executive Director, Housing Authority of Salt Lake City noted. “The new and renovated housing will offer safe, affordable homes along with essential services that uplift residents. By promoting community and stability, we are making notable progress toward improving lives and strengthening neighborhoods in Salt Lake City.” 

The federal and state LIHTC credits will be purchased/syndicated by The Richman Group. Rachel Grudzien of KeyBank CDLI and Hector Zuñiga of KeyBank CMG structured the financing. 

About KeyBank Community Development Lending and Investment

KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing capital providers in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low-Income Housing Tax Credit (LIHTC) financing. KeyBank has earned 11 consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.

About KeyCorp

KeyCorp’s roots trace back 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $184 billion at December 31, 2025.

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 950 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC. 

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Strategic Stewardship: Navigating Compliance and Corporate Responsibility in Life Sciences

Authored by Baker Tilly’s Mark Scallon

Life sciences companies must work to sustain healthcare advancement and development while uncertainty around National Institute of Health (NIH) funding and other administrative changes stress the industry. Gaps in funding may be filled by an increase in stewardship activities, such as:

  • Medical Education Grants
  • Research Grants
  • Investigator-Initiated Studies (IIS) / Investigator-Initiate Trails (IIT)
  • Charitable Contributions
  • Social programs supporting research and development (R&D)

While these initiatives are critical to progress, the expected surge in funding requests amplifies compliance risks. In this article, we explore strategies for balancing ethical engagement with meaningful impact and why automation is key to managing this evolving landscape.

Stewardship

Stewardship is the careful and responsible management of resources entrusted to your case, including natural resources, assets or even time and talents. It means acting as a caretaker for assets you do not own, with the goal of protecting and preserving them for the future.

The funding landscape: A perfect storm

Recent policy shifts have dramatically altered the research funding environment:

  • Cancelled grants: In the last year, more than 1,800 active NIH research grants have been terminated, reducing awarded funds by approximately $8 billion compared to 2024.
  • Targeted research cuts: Programs focused on diversity, equity and inclusion (DEI), environmental harms and critical health areas—including sickle cell disease, HIV/AIDS and mental health—have been affected by these cuts.
  • Projected budget reductions: For 2026, the administration has proposed slashing the NIH budget by 43%, an $11.6 billion reduction from 2025 levels. Additional proposed cuts include $3.6 billion from the Center for Disease Control and Prevention (CDC) and $674 million from Centers for Medicare and Medicaid Services (CMS).
  • Indirect cost cap: In February 2025, reimbursement rates for indirect research costs were capped at 15% for universities and research institutions, challenging the infrastructure that supports scientific progress.

These changes signal a long-term trend: external funding requests will rise sharply as organizations seek alternative sources to sustain research and development.

The compliance challenge

An influx of grant and contribution requests brings heightened risk. Manual processes struggle to keep pace with increased volume, creating vulnerabilities in:

  • Documentation and audit trails
  • Conflict-of-interest checks
  • Regulatory compliance across jurisdictions

Without robust controls, organizations risk reputational damage, financial penalties and erosion of stakeholder trust.

Automation as a strategic tool

To navigate this complexity, life sciences companies must embrace automation. Solutions like stewardshipNOW streamline workflows, embedding compliance controls directly into the process. These automations enable:

  • Efficiency: Automated routing and approvals reduce administrative burden and accelerate decision-making.
  • Risk mitigation: Built-in compliance checks ensure adherence to regulatory standards.
  • Scalability: Systems can handle increased request volumes without compromising oversight.

By integrating technology and automation with stewardship principles, organizations can achieve a balanced approach while supporting innovation and remaining compliant.

Conclusion

The life sciences sector stands at a crossroad. Funding uncertainty and rising compliance demands require a proactive strategy rooted in stewardship and enabled by automation. Companies that act now will not only weather the storm but emerge as leaders in ethical engagement and corporate responsibility.

For more guidance, contact an experienced Baker Tilly industry practitioner about your life sciences organization today.

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Scanifly and IronRidge Integrate Drone-Based PV Design with Racking Layouts, Eliminating Duplicate Work and Accelerating Project Timelines

DENVER, Jan. 23, 2026 /PRNewswire/ — Scanifly, the solar industry’s leader in PV design and field operations software, announced an integration with IronRidge, an Enstall company and trusted name in solar mounting systems for over 25 years. The integration automatically transfers Scanifly design data and panel placement directly into IronRidge’s Design Assistant, eliminating platform switching and saving contractors 1-3 hours per project.

The direct API integration connects Scanifly’s design environment with IronRidge’s racking, bill of materials (BOM), and engineering document capabilities. Solar contractors can now select optimal mounting equipment and generate comprehensive BOMs in just a couple of mouse clicks without recreating their array layouts.

The integration delivers immediate advantages:

  • Unifies PV design, racking, and BOMs in one easy workflow
  • Eliminates duplicate work by automatically transferring panel layouts
  • Saves 1-3 hours per project on design and planning tasks
  • Ensures accurate inventory for install day
  • Prevents costly revisions and equipment shortages

Scanifly’s drone-based technology produces to-scale 3D models with exact measurements that flow directly into IronRidge Design Assistant. This precision prevents revisions on install day, eliminates procurement errors, and ensures rails are neither over- nor under-ordered, avoiding the costly mistakes that happen when modules are accidentally redrawn with wrong spacing or placement.

“In 2026, when solar companies need to be more time and cost-efficient than ever, eliminating wasteful steps is critical,” said Jason Steinberg, CEO of Scanifly. “Scanifly’s focus is on reducing time spent in the solar workflow while never compromising on system accuracy, fitment, or maximizing production. Our integration with IronRidge delivers exactly that—connecting precise DroneDesign layouts directly to their racking calculations so contractors can move faster without sacrificing quality.”

This connection combines Scanifly’s photorealistic designs with IronRidge’s proven mounting expertise, ensuring a perfect fit—based on actual roof conditions—for the XR or Aire racking systems and preferred attachments like FlashFoot2 or HUG.

“The Scanifly + IronRidge API integration enables our design team to quickly and accurately generate racking quantities for each project with just a few clicks,” said Davis Fogerty, Co-Owner & Senior Residential Project Manager at Namaste Solar. “This streamlined process reduces front-end design time and ensures our warehouse and crews receive precisely what they need for efficient execution.”

“This integration accelerates the path from design to installation by eliminating redundant design work and ensuring accurate racking specifications,” said Tony Lenh, Digital Product Lead at IronRidge. “By removing the need to manually transfer data between platforms, contractors can work faster and with greater confidence that the racking system matches what’s needed on the roof.”

Solar contractors can access the Scanifly + IronRidge integration starting today. Visit https://scanifly.com/product/integrations/ironridge/ to learn more.

About Scanifly
Scanifly is the only solar design software that lets you create PV layouts instantly with AI, then verify with drones for perfect install-day accuracy — all on one platform. Contractors using Scanifly’s mobile, web, and drone-based technology cut site survey time by 90% and eliminate design revisions. Learn more at https://scanifly.com/.

About IronRidge
IronRidge designs and manufactures structural hardware for residential and commercial solar installations. Since 1996, IronRidge has been trusted by leading installers for products that are engineered to withstand extreme environments and backed by a 25-year warranty. With innovative solutions like XR Rails and FlashFoot2, IronRidge makes solar mounting simpler, stronger, and more reliable. All IronRidge products are made in the USA. Learn more at www.ironridge.com.

Contact:
Brad Knudsen
info@scanifly.com

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SOURCE Scanifly

Culture in Motion™ Arrives in Southern California, Carrying The Apollo’s Legacy and Kwanza Jones’ SUPERCHARGED energy Into Community

Launching during GRAMMY® Week, the national arts and empowerment Roadshow meets communities where they are across the region.

LOS ANGELES, Jan. 23, 2026 /PRNewswire/ — Culture In Motion™, the national arts and empowerment Roadshow created by The Apollo and Kwanza Jones, launches in Southern California this January during Grammy week. It brings Apollo-inspired cultural programming, creative engagement, and SUPERCHARGED® by Kwanza Jones experiences directly into communities across the region.

Designed to meet communities where they are, Culture In Motion transforms local spaces into hubs of cultural exchange, creative expression, and empowerment, reflecting Southern California’s role as one of the world’s most influential creative ecosystems. Participating artists and creators contribute their time and talent in service of The Apollo’s mission, reinforcing the Roadshow’s emphasis on cultural stewardship and collective investment.

Southern California activations will span multiple communities across the region, highlighting the diversity of voices, histories, and creative energy that define Los Angeles and its surrounding cities. Each activation is rooted in Culture in Motion’s four programming pillars—arts access, community engagement, empowerment, and legacy—while remaining responsive to the spirit of each neighborhood.

“Culture In Motion is the quintessential expression of Kwanza Jones’ SUPERCHARGED movement—elevating culture, expanding human potential, and uplifting humanity through investment that honors and sustains the heritage and traditions of arts institutions like The Apollo and communities such as Los Angeles,” said Robert Sausedo, President and CEO of Community Build, Inc. “By meeting people where they are, it transforms shared values into a civic asset that strengthens the creative economy.”

Launching during GRAMMY® Week, Culture In Motion aligns with a broader cultural moment when artists, creators, and cultural leaders converge across Southern California and surrounding communities. The Roadshow channels that collective energy into nonprofit, neighborhood-centered programming designed to meet people where they are and expand access to cultural experiences beyond traditional stages.

“Culture doesn’t sit still—and neither do we,” said Kwanza Jones, artist, Apollo Board Member, Executive Producer of Culture in Motion, and Co-Founder of the Kwanza Jones & José E. Feliciano Initiative. “Culture in Motion is a living expression of art, empowerment, and community. Launching in Los Angeles extends the spirit of The Apollo beyond its walls and into the streets where creators and communities move culture forward together. It sets the tone for a roadshow that invites people to show up, participate, and see themselves reflected in what’s possible.”

Ahead of the Southern California launch, Culture In Motion will be ceremonially sent off from Harlem on the 92nd anniversary of The Apollo. This milestone signals the iconic institution’s evolution from a physical space into a living, moving cultural experience.

“For more than 90 years, The Apollo has been a place where culture, community, and possibility intersect — championing community engagement, nurturing generations of artists, and serving as a catalyst for social and civic advocacy,” said Michelle Ebanks, President and CEO of The Apollo. “With Culture In Motion, we’re expanding that legacy into new communities, beginning in Southern California, and opening fresh pathways for participation, creativity, and connection as we step into our next century.”

Culture In Motion is made possible through the generous support of the Kwanza Jones & José E. Feliciano Initiative.

For additional details about public programming and community participation opportunities in Southern California, visit boostbus.com #CultureInMotion.

About The Apollo
The Apollo is an American cultural treasure. It is a vibrant non-profit organization rooted in the Harlem community that engages people from around New York, the nation, and the world. Since 1934, The Apollo has celebrated, created, and presented work that centers Black artists and voices from across the African Diaspora. The Apollo has long championed community engagement, serving as both an incubator for artistic innovation and creativity and a catalyst for social and civic advocacy. Today, The Apollo is the largest performing arts institution committed to Black culture and creativity. apollotheater.org | @apollotheater | #ApolloRoadshow

About SUPERCHARGED® by Kwanza Jones
SUPERCHARGED by Kwanza Jones is the future-forward creative studio and empowerment platform founded and led by multidisciplinary artist, investor, and philanthropist Kwanza Jones. Ignited by her signature formula–energy + intention + impact– SUPERCHARGED creates dynamic music, innovative media, and transformational experiences that boost confidence, build community, and inspire meaningful action. Every project carries the imprint of Kwanza’s high-voltage vision and contributes to the growing Kwanzaverse ecosystem. The mission is simple yet SUPERCHARGED: elevate culture, expand human potential, and uplift humanity. Visit kwanzajones.com | @kwanzajones | #CultureSUPERCHARGED

Press Contacts:
The Apollo
Sydney Edwards
Email: press@apollotheater.org
https://apollotheater.org/giving 

Kwanza Jones & José E. Feliciano Initiative
Marion Henry
Email: mediarequests@supercharged.co

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SOURCE SUPERCHARGED

Meet Chuan Luo: Michael Kidger Memorial Scholarship Recipient for 2025

Chuan Luo, student at the Wyant College of Optical Sciences at the University of Arizona is the 2025 recipient of the Michael Kidger Memorial Scholarship. During his master’s studies at the Wyant College of Optical Sciences, Chuan Luo focused on advancing optical system design for LiDAR and augmented reality (AR) applications. The award was established to honor Michael John Kidger, a well-respected educator, design software developer and member of the optical science and engineering community.

We interviewed Chuan to learn how he became interested in optics, his current research projects, and his future goals.

Q: What does receiving the Kidger Scholarship award mean to you?

A: Receiving the Michael Kidger Scholarship really means a lot to me. It feels like a recognition of the path I’ve taken in optics, starting as an undergrad who knew almost nothing about the field, to now as a Ph.D. student defining my own research direction. Along the way, Dr. Kidger’s Fundamental Optical Design textbook has basically been my go-to reference book. Whenever I got stuck with lens design or aberration questions, I’d open it and usually find the insight I needed to move forward.

It’s also meaningful because I know some past recipients personally, and I’ve seen how they’ve built really strong careers, for example some becoming leaders in academia, others starting companies that are pushing optical technologies forward. Being counted among them makes me feel both honored and motivated.

So, for me, this award isn’t just recognition of what I’ve done, it’s also encouragement to keep going, to push the boundaries in optical sciences and engineering, and hopefully to contribute back to the community in the same way that Dr. Kidger and the past recipients have.

Q: How did you get interested in optics?

A: My fascination with optics, or more broadly with “light,” began when I first read Dune, where Paul Atreides observes holographic projectors that bring tactical lessons vividly to life. That fascination with “light” was amplified when I later saw Princess Leia’s holographic image projected into the air in the Star Wars movie, which left me wondering how such illusions might one day become reality.

The moment that truly solidified my decision to research optics in college came during an undergraduate project in my research advisor Professor Yuzuru Takashima’s lab. I worked on designing and building a “Ray Aberration Generator,” a simple setup using a plano-convex lens illuminated by an array of laser beams. Witnessing the tangible impact of manipulating light at the optical surface sparked my curiosity and solidified my commitment to optical engineering. The sight of those rays, converging and diverging in air, immediately recalled the holographic displays that controlled light in the science fiction stories and movies I admired. It was then that I knew I wanted to pursue research in the field of optics during my time in college.

Q: What are some accomplishments that you are proud of?

A: I sometimes feel hesitant to call my achievements “accomplishments,” especially when I compare myself to past Kidger Scholarship recipients who have already gained significant recognition in academia or industry. But on a personal level, what I am most proud of is the foundation I have built through my experiences in both academic research and industry practice. Over time, I have developed my own toolbox of skills in optical design, simulation, and system-level problem solving. This combination allows me to approach technical challenges in optical science with creativity and confidence, and I see it as a strong platform for making future contributions to the field.

Q: What are you doing now and what do you hope to do in the future?

A: My current research focuses on developing novel optical elements for display and imaging applications to address long-standing challenges in Augmented Reality (AR) optical systems. These include extremely low pupil-to-pupil efficiency, MTF degradation caused by fabrication-induced waveguide distortion, and display-off artifacts such as eye-glow, rainbow effects, vergence-accommodation conflict, as well as fundamental limitations in étendue conservation. AR displays are widely regarded as one of the most promising platforms for next-generation human–computer interaction, yet these challenges remain major barriers to making AR glasses as practical and ubiquitous as smartphones.

While it is difficult to predict my long-term trajectory over the next several decades, at least in the near term which is within the next five to ten years, I hope to continue exploring innovative engineering solutions that push the boundaries of optical design and manufacturing for AR display optics. My goal is to help overcome these limitations so that AR displays can move closer to becoming truly transformative, everyday technologies.

Q: What other hobbies or fun activities do you like to do in your spare time?

A: Before starting my Ph.D. journey, I worked as an optical engineer in Boulder, where I loved going skiing and hiking with my family. Both activities fully captured my attention and gave me a chance to step away from the pressures of work and study. Those outdoors moments not only helped me relax but also recharged me so I could return to my work and study with fresh energy.

Now that I’m in Tucson for my Ph.D., skiing is less accessible, and hiking is less practical in the hot climate. These days, I would like to spend my spare time cooking, reading, and working out at the gym. Each of these activities gives me a break from research while helping me stay balanced and energized.

Q: What would be your advice for students who are studying optics?

A: I’m still a student myself, so I don’t pretend to have all the answers. But if I could share one piece of advice with students just starting out, whether in optics or any other field, it would be to follow the “KISS” principle: Keep It Simple, Student. Early on, I often tried to come up with solutions that I thought were clever or exciting, but they turned out to be overly complicated and not very useful. With time, I’ve learned that the simplest solution is often the most effective, and it’s also the one most likely to succeed. This lesson applies not just in academic research, but also in industry.

We’d like to thank Chuan for taking the time for this interview and wish him all the best in his future endeavors.

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Industrial Heat Goes Electric: Electrified Thermal Solutions Turns On First Commercial-Scale Joule Hive™ Thermal Battery

Multi-megawatt scale system shows industries can now access low-cost, clean, high-temperature electrified heat up to 1,800°C

BOSTON, Jan. 23, 2026 /PRNewswire/ — Boston-based Electrified Thermal Solutions, a leader in industrial-scale low cost thermal energy storage systems, announced the commissioning of its first commercial-scale Joule Hive™ Thermal Battery at Southwest Research Institute (SwRI) in San Antonio. The system charges with AC electricity from the grid, and stores 20 MWh of heat at peak temperatures of 1,800°C (3,275°F). The heat is supplied on-demand as hot gas to industrial furnaces, boilers and kilns, with hot gas temperatures adjustable to an industry-leading 1,500°C (2,730°F). The hot gas supply can be increased to an unmatched delivery temperature of 1,800°C (3,275°F) specifically for deployments in industries demanding hottest temperatures, such as steel, cement, chemicals and glassmaking. By leveraging low-cost renewable electricity, the thermal battery unlocks a cost-competitive heating alternative to natural gas and other fossil fuels. This first unit draws directly from 13.2 kV AC power, providing direct configurability to the typical line voltage of industrial campuses globally, and significantly reducing the balance of plant costs associated with other electric heating systems such as stepdown transformers. The modular commercial-scale system can serve customer loads in the 1- 5 MW thermal demand range with additional modules enabling unlimited scaling to meet customer requirements.

Industrial heat accounts for approximately one-fifth of global energy consumption, with 89% generated by burning fossil fuels. Throughout much of the United States and Europe, electricity prices are negative for significant portions of the year, and the trend toward decreasing electricity pricing during off-peak hours continues to accelerate. With Electrified Thermal’s Joule Hive thermal battery, industries can now access inexpensive, clean electricity directly from the grid and win head-to-head with fossil fuels on price for their heating needs, unlocking cost savings while supporting grid flexibility.

“Industry has long been looking for a way to manage the rising costs and volatility of energy,” said Daniel Stack, CEO and co-founder of Electrified Thermal Solutions. “With the Joule Hive™ Thermal Battery, manufacturers in food and beverage, minerals, chemicals, metals, and other industries can now use process heat at even the highest temperature levels derived from the lowest-cost electricity available. By charging when electricity is cheapest and delivering heat on demand, the Joule Hive™ gives customers far more control over their energy costs. This fundamentally changes the economics of industrial heat.”

The system’s ability to reach temperatures up to 1,800°C, along with its ability to integrate with medium voltage AC power directly from the grid, makes it suitable for manufacturers across diverse sectors, from cement, steel, and chemicals to food and beverage, pulp and paper, and consumer goods. The Joule Hive™ achieves substantially lower capital and operating costs by leveraging proprietary electrically conductive firebricks designed to last 20+ years and by storing energy when electricity rates are lowest. Electrified Thermal has secured letters of intent with customers across multiple industries and is targeting 2 gigawatts (GW) of thermal power capacity deployment by 2030.

With the SwRI system now operational, Electrified Thermal is positioned to begin commercial deployments with industrial partners in 2026.

About Electrified Thermal Solutions: Electrified Thermal Solutions is pioneering the future of zero-carbon industrial heat cheaper than natural gas. Developed at MIT and backed by global industrials such as Holcim, Vale and ArcelorMittal, the electrically and thermally conductive bricks at the heart of Electrified Thermal’s Joule Hive™ Thermal Battery represent a step-change improvement in electric heating technology in terms of high-temperature performance, ease of grid integration and reliability. The company’s thermal battery converts and stores electricity as heat, delivering unprecedented near-flame temperatures (up to 1,800°C / 3,275°F), offering industrial heat cheaper than fossil fuels.

For more information, please visit www.electrifiedthermal.com

 

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SOURCE Electrified Thermal Solutions

PSEG Staffers Help Nearly 50 Teens at Oasis – a Haven for Women and Children in Paterson, NJ

This Holiday Season, our team had the joy of wrapping gifts for 44 incredible teens in the after-school program at Oasis – A Haven for Women and Children in Paterson, NJ.

These gifts were part of the Adopt-a-Teen for the Holidays initiative – one small way we could help bring a little holiday magic to teens who deserve to feel seen and celebrated.

As a longstanding partner of Oasis, we’re continually inspired by their mission to change the lives of women and children by breaking the cycle of poverty through compassionate programs designed to feed, clothe, educate and empower women and children in need.

The PSEG Foundation, 501(c)(3), the philanthropic arm of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), prioritizes investments in the environment, safety, STEM education & workforce development, diversity & inclusion, and the communities served by PSEG. The Foundation coordinates employee volunteerism programs.

PSEG is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it’s cleaner, safer and delivered more reliably than ever. With a continued focus on sustainability, PSEG has appeared on the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG is included on the 2023-2024 list of U.S. News’ Best Companies to Work For. PSEG’s businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).

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PRG Gives: 2025 Year in Review

PHILADELPHIA, Jan. 23, 2026 /PRNewswire/ — As PRG Real Estate reflects on a year of achievement, 2025 marked the official launch of PRG Gives, a companywide initiative designed to elevate PRG’s community service efforts across its portfolio of properties.

Rooted in PRG’s commitment to Putting People First, PRG Gives formalizes the community-first culture that exists throughout the organization. A newly-formed committee with representatives from each region provides structure, resources, and recognition to help teams create meaningful impact in the communities PRG serves.

“PRG Gives reflects who we are at our core, which is an organization driven by people and purpose,” said Kathleen Betz, Chief Operating Officer at PRG Real Estate. “In 2025, we are proud to have launched PRG Gives to support and celebrate the community service our teams are already doing every day.”

Community involvement has long been a cornerstone of PRG’s culture, and PRG Gives builds on that foundation by creating a shared platform for service across regions and properties. Twice each year, PRG team members companywide step away from their day-to-day work to volunteer on the same day – once in April in conjunction with Earth Day, and again during PRG’s internal company-wide Spirit Week in November. On each Community Service Day, every region organizes a local volunteer effort, supporting causes that matter most to the communities where PRG lives and works.

During the most recent Community Service Day in November 2025, PRG teams partnered with over a dozen nonprofit organizations, supporting food banks, youth services, environmental groups, and community support programs. Efforts ranged from meal preparation and pantry support to river cleanups, clothes sorting, and farm and garden work. Collectively, PRG team members invested significant time and effort across Kentucky, Missouri, Florida, the Carolinas, Virginia, and Pennsylvania, including hands-on volunteer support for partners such as Cradles to Crayons, Beaches Go Green, the Lowcountry Food Bank, and SEEDS.

PRG Gives strengthens connections, brings teams together, and supports the communities PRG calls home. As PRG Real Estate grows, PRG Gives will expand its reach, amplifying community impact and offering even more opportunities for team members to give back in ways that resonate personally and locally.

About PRG Real Estate

PRG Real Estate is a multifamily investment and management company that owns $2.0 billion of apartment homes across its 11,000-unit portfolio and has 300+ employees nationwide. PRG believes that an exceptional living experience starts with its people. It achieves this mission by hiring and training the best in the industry and creating a supportive and rewarding workplace that inspires its people to achieve great things together. For more information on PRG Real Estate, please visit www.prgrealestate.com.

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SOURCE PRG Real Estate Management, Inc.

Wonderinterest published the analysis on leaders of ESG investments in 2026

LIMASSOL, Cyprus, Jan. 23, 2026 /PRNewswire/ — In 2026, the mood of investing in ESG focused leaders is becoming more selective. Wonderinterest Trading Ltd. provides a regular outlook to see the trends in ESG-based investments at global capital markets.

Sustainability leaders for 2026

The new year has new favorites in the field of sustainability. TIME and Statista have compiled a ranking called World’s Best Companies in Sustainable Growth 2026. It is led by South Korea’s JYP Entertainment, which was the first in the domestic entertainment industry to achieve RE100, or 100 percent renewable energy. Sixth place went to Nvidia, which was named the fastest-growing company in the US. According to the company’s sustainability announcement for fiscal year 2025, the offices and data centers it directly operates run on 100 percent renewable electricity, and the Blackwell platform is 25 times more energy-efficient at processing large language model outputs than the previous Hopper generation. It may come as a surprise to many investors that Inditex, the parent company of the well-known fast fashion chain Zara, ranked 88th in the ranking, thanks to its relatively low emissions, waste production, and water consumption compared to the industry.

Will coal lose its leading position?

According to the IEA, global demand for electricity is expected to grow by 3.7 percent in 2026, which is faster than the average for 2015 to 2023, which was 2.6 percent. According to its Electricity Mid-Year Update 2025 report, the IEA expects the combined share of wind and solar energy in global electricity generation to rise above 19 percent. By comparison, in 2024 it accounted for 15 percent. Wind and solar energy together are expected to generate nearly 1,000 terawatt hours (TWh) of additional production, which is roughly equivalent to Japan’s annual consumption. At the same time, it predicts that renewables could overtake coal as the largest source of electricity and that CO₂ emissions from electricity generation should decline slightly.

The market is cleaning up and the rules are tightening

While renewable energy sources are gaining momentum in the electricity sector, investment sentiment around ESG is becoming more selective. Morningstar reports that global sustainable funds saw net outflows of approximately $55 billion in the third quarter of 2025, after inflows of $5.8 billion in the previous quarter. A key moment was the redemption of $49 billion from four European BlackRock funds, although total assets of sustainable funds still rose to $3.7 trillion thanks to market developments. On top of that, definitions are becoming stricter. In its proposal for amendments to the Sustainable Finance Disclosure Regulation (SFDR) in the second half of November 2025, the European Commission stated that categorized products will have to ensure that 70 percent of the portfolio supports the chosen strategy, and it wants to link ESG claims in names and marketing to these categories. The accompanying document to the proposal also states that Europe accounts for up to 84 percent of global sustainable fund assets.

Green bond volume surpasses milestone

One of the most concrete bridges between sustainability and capital are green and sustainable bonds. LSEG reported that by the end of the third quarter of 2025, green bond issuance had reached $467 billion, up 1 percent year-on-year, with a record for the full year 2024 of $572 billion. The share of green bonds in global debt issuance fell only slightly from 4.5 percent to 4.3 percent, with the total outstanding volume of green bonds exceeding $3 trillion for the first time at the end of the third quarter of 2025. At the same time, LSEG reports an average annual growth of approximately 30 percent over the past five years.*

Facts, not feelings, must follow

The outlook for 2026 looks less like a competition for the greenest label and more like a practical selection of winners in electrification, infrastructure, and transparency. The IEA points to investments in clean technologies, Morningstar documents a more selective approach to capital, and the European Commission is tightening rules to make sustainability comparable across products. Add to that green bonds, which according to LSEG have exceeded $3 trillion in outstanding volume, and you get a picture of a market where it pays to look at the numbers, not the slogans, in the new year.

Olivia Lacenova, analyst Wonderinterest Trading Ltd.

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Wonderinterest Trading Ltd provides investment opportunities in a dynamic global market environment. Wonderinterest Trading is  a broker with a European licence, under the supervision and regulation of CySEC with Licence Number 307/16.

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* Past performance is no guarantee of future results.

 

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