Author: sHq_LoGiNz

GenScript Biotech’s MSCI ESG Rating Upgraded to AA, Recognized as a Global Leader

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PISCATAWAY, N.J., July 31, 2025 /PRNewswire/ — GenScript Biotech Corporation (HK.1548), a leading global provider of life science research and manufacturing services, today announced that its ESG rating has been upgraded to AA from A by MSCI in recognition of the company’s excellence in the areas of product safety & quality and human capital development, as well as continuous improvement in environment and governance practices.

MSCI, one of the world’s largest index providers, evaluates global public and private companies on a scale from CCC (laggard) to AAA (leader), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. MSCI ESG Ratings are a widely used benchmark for global capital markets. The AA rating recognizes GenScript as an ESG leader globally, showcasing its strong commitment to sustainability in the biotech industry.

“The AA rating from a globally recognized index is a testament to GenScript’s ESG performance. Embedding sustainability into our core business not only enhances our operational resilience but also creates long-term value for our investors and stakeholders worldwide,” said Sherry Shao, Rotating CEO of GenScript Biotech. “Going forward, we will continue to push the boundaries and drive sustainable growth of the industry, aligning with our mission to ‘Make People and Nature Healthier through Biotechnology’.”

The ongoing global recognition of GenScript’s sustainability initiatives underscores its commitment to responsible business practices. As a participant of the United Nations Global Compact (UNGC), GenScript adheres to its ten universal principles on human rights, labor, environment and anti-corruption. The company is also a supplier partner of the Pharmaceutical Supply Chain Initiative (PSCI), driving sustainable value chains for the pharmaceutical industry. This year, GenScript has achieved a Silver Medal from EcoVadis and a “Low Risk” ESG rating from Morningstar Sustainalytics, and has been included in the FTSE4Good Index Series. Additionally, its carbon reduction targets have been validated by the Science Based Targets initiative (SBTi), demonstrating GenScript’s strong commitment and actions toward combating climate change.

About GenScript Biotech Corporation

Founded in 2002 in New Jersey, GenScript Biotech Corporation accelerates innovation in healthcare and consumer goods by providing researchers and companies with the building blocks needed to develop groundbreaking treatments and products. Guided by its mission to Make People and Nature Healthier Through Biotechnology, and its role as a trusted global leader, GenScript has a team of over 5,500 employees and has served more than 200,000 customers across 100 countries and regions.

Learn more here: https://www.genscript.com

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SOURCE GenScript Biotech Corporation

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Elliott Statement on Southwest Governance Changes

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WEST PALM BEACH, Fla. , July 31, 2025 /PRNewswire/ — Elliott Investment Management L.P. (“Elliott”) today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Rakesh Gangwal’s decision to step down from his role as Chair at Southwest Airlines Co. (NYSE: LUV) (the “Company” or “Southwest”):


Elliot logo (PRNewsfoto/Elliott Investment Management L.P.)

We thank Mr. Gangwal for his leadership and contributions as Southwest’s independent Chair during a transformational period for the company and we are grateful that he will continue to serve as a member of the Board. We remain confident in Southwest’s trajectory and we look forward to continuing our constructive engagement as the Company executes its plan to drive long-term value.

About Elliott

Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. 

Media Contact:         
Casey Friedman                                             
Elliott Investment Management L.P.                                     
(212) 478-1780                                              
cfriedman@elliottmgmt.com

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SOURCE Elliott Investment Management L.P.

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Peak Energy Delivers First Grid-Scale, Sodium-Ion Battery Storage System in the U.S.

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Peak Energy’s solution is the first battery energy storage system to remove nearly all moving parts with new patent-pending technology, driving significant cost-savings

DENVER, July 31, 2025 /PRNewswire/ — Peak Energy, a U.S.-based company developing low-cost, giga-scale energy storage technology for the grid, today announced the launch and shipment of its sodium-ion battery energy storage system (ESS) that delivers a patent-pending passive cooling design to dramatically reduce lifetime energy costs. With this milestone, Peak Energy removes the components implicated in the vast majority of battery storage system fires analyzed by independent third party reports. Cost-competitive with state of the industry products while offering dramatically lower operating and maintenance costs, Peak Energy’s product is the first ever fully passive megawatt-hour scale battery storage system, the largest sodium-ion phosphate pyrophosphate (NFPP) battery system in the world, and the first grid-scale sodium-ion storage solution ever deployed to the U.S. electric grid. Deploying the system in a shared pilot with nine leading utility and independent power producer (IPP) customers this summer, Peak Energy is fast-tracking its promise to onshore battery manufacturing.


Peak Energy (PRNewsfoto/Peak Energy)

With a design that eliminates all moving parts, including active cooling and ventilation components, Peak Energy’s NFPP grid storage battery architecture completely eliminates the most common failure modes in typical battery storage systems, dramatically increasing reliability and reducing operating and maintenance costs. Peak Energy’s NFPP grid storage system marks a landmark shift in America’s burgeoning energy storage business by capitalizing on the advantages of sodium-ion batteries to build a more reliable and lower-cost solution. Sodium-ion is poised to win the storage market as its chemistry allows operations at a wide range of hot and cold temperatures without requiring auxiliary cooling systems. This innovation is a first-of-its-kind development in grid-scale energy storage as incumbent lithium-ion technologies require active cooling and ventilation systems to preserve cell life and prevent fires. Passive cooling allows Peak Energy to offer massive lifetime cost-savings compared to current market-leading systems by eliminating several of the most-likely-to-break components in today’s grid storage products.

Peak’s grid-scale battery storage solution arrives at a decisive moment for the evolution of the American energy industry. Recent changes to federal policies have elevated the urgency to develop domestic energy supply chains and manufacturing capabilities. These policy forces, coupled with skyrocketing energy demand in the U.S., are proving battery storage to be essential for improving grid resilience and reducing energy costs. Incumbent solutions are complex, pose significant fire risks, and are more costly to build, operate, and maintain for grid applications. In addition to its performance benefits, sodium-ion presents the United States’ best opportunity to lead in battery chemistries due to the country’s natural advantage in raw materials. The United States holds the world’s largest reserves of soda ash, the mineral precursor to sodium-ion, and the full raw material supply chain for sodium-ion can be sourced domestically or from allied nations.

“We see energy storage not only as an economic imperative, but also as a national security priority. Time is of the essence if the U.S. wants to take ownership and maintain control of its energy future,” said Landon Mossburg, CEO and Co-Founder at Peak Energy. “We are committed to onshoring the manufacturing of this critical industry, and this launch proves our ability to execute quickly on our vision to establish the U.S. as a global leader in battery manufacturing.”

Peak Energy has conducted extensive performance testing of its ESS, where the results indicate record-level cost-savings and reliability for the industry. This includes:

  • At least $1 million in annual operational cost savings per gigawatt hour installed, representing up to 90% reduction in auxiliary power use
  • Approximately 20% in lifetime cost savings vs. LFP in an average deployment
  • 33% reduction in battery degradation over a 20-year project lifespan

“This isn’t just another product launch – it’s a breakthrough in energy storage,” said Paul Durkee, VP of Engineering at Peak Energy. “We’ve taken a very stable chemistry and invested its benefits back into our passive cooling architecture. The system is dead-simple with no moving parts, no planned maintenance and negligible aux loads. It’s the lowest total-cost grid storage technology to be deployed anywhere in the world. I’m incredibly proud of the creativity and grit our team has shown in bringing our vision to life.”

Peak Energy’s pilot marks a significant first step in commercializing sodium-ion battery storage in the United States and unlocks nearly 1GWh of future commercial contracts currently under negotiation. Following the pilot, Peak Energy will deploy several hundred megawatt hours of commercial-scale storage products to serve multiple IPP and hyperscaler partners over the next two years, with further announcements anticipated this fall. Peak Energy is on track to fulfill its commitment to develop grid scale battery supply chains, with its first U.S. cell factory under development and planned to start production in 2026. This news comes just one year after Peak raised its $55M Series A and less than two years since launching from stealth in 2023.

To learn more about Peak’s revolutionary battery storage solutions, visit www.peakenergy.com.

About Peak Energy
Founded in 2023, Peak Energy is a U.S.-based company developing low-cost, giga-scale energy storage technology to secure America’s energy economy. Founded by industry veterans from Tesla, Enovix and Apple, the company is on a mission to drastically lower the cost of energy storage and establish the U.S. as a global leader in the battery market. For more information, visit www.peakenergy.com.

Media Contact:
Inkhouse for Peak Energy
peak-energy@inkhouse.com

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SOURCE Peak Energy Technologies

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Celebrating National Intern Day With Henkel!

Posted on by sHq_LoGiNz

Henkel is proud of our robust internship program, welcoming students from across the region to join teams across both BUs and functions. Throughout their internships, they have made a true impact and reminded us that learning and mentorship are a two-way street. Read on for more! 

For university students, internships are a crucial opportunity to network, make an impact through meaningful projects, and sharpen technical skills before entering the workforce. Knowing that internships help students to find their passions and bridge the gap between the lifestyle of a student and that of a full-time employee, Henkel takes pride in providing a robust internship program that helps students craft their future careers.

This summer, Henkel welcomed over 200 interns from nearly 100 universities across the United States to work in our Consumer Brands and Adhesive Technologies business units and Functional areas such as HR and Finance. Interns have had the opportunity to jump right into ongoing projects, complete special fixed-term projects, and participate in programs such as speed networking, weekly workshops, community service and more.

Making an Impact: 2025 Special Projects

Henkel interns are pioneers at heart and came in with an entrepreneurial spirit that led to incredible results. 

  • In our Rocky Hill, CT office, interns started an internal podcast, Pioneering Henkel, that spotlighted how some of their fellow interns were making an impact.
  • The intern influencer program included around 30 students who created engaging social media videos showcasing what a day in the life at Henkel looks like, what it means to work on their teams, and how Henkel and its brands are pioneers in innovation, sustainability, and digitalization.
  • Intern site ambassadors also planned and executed visits from interns based in other locations, providing a more holistic view of the different opportunities Henkel has to offer.

Soccer Spotlight: Growing On the Field and in the Workplace

One of Henkel’s key partnerships is with the U.S. Soccer Federation. We believe in the power of sports to help students excel in the classroom and in the workplace, and asked some of our student-athlete interns to share what soccer has meant to them.

Soccer has been a constant in my life since I was young, shaping my character and values both on and off the field. From playing recreational and travel to varsity in high school and now intramurals, the sport has taught me the importance of teamwork, communication, and striving for continuous improvement. I’ve always loved working towards a common goal with others, learning through both wins and losses. The discipline, competitiveness, and dedication I developed through soccer are qualities I now bring into my personal and professional life every day.

Rachel Yap, Marketing and Activation Intern, Henkel Adhesive Technologies

Learning is a Two-Way Street

It isn’t just the interns who benefit from this robust program – each team that employed a student gained valuable insight from the technical skills, fresh perspective, and enthusiasm that interns bring to the table. At Henkel, we believe that the teaching and learning that occurs between interns and mentors goes both ways.

“Supporting emerging talent as they explore and develop their career paths is incredibly fulfilling to our Henkel employees,” said Lori Baylock-Tomkiewicz, head of the Henkel Internship Program in the United States. “This summer, it’s been a pleasure to collaborate with our interns and see firsthand the meaningful impact they’ve made within our organization. Their enthusiasm and drive were evident in every workshop and program we held, consistently leaving me feeling energized and inspired. The chance to grow and learn together continues to be an experience that will leave a lasting impression.”

What Comes Next?

From the first day of onboarding through final project presentations, our internship program is structured to provide the skills, knowledge, and network that students need to succeed in a full-time role at Henkel. 

As we start looking forward to next summer’s program, anyone who is interested in applying to be a 2026 Henkel intern will see applications begin to open in late August. Check out the Henkel Internships page for more information.

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