Roeslein Renewables: Production Tax Credit Extension Will Accelerate Efforts to Restore 30 million Acres, Strengthen Rural Economies,
and Expand RNG Markets

ST. LOUIS, July 7, 2025 /PRNewswire/ — Roeslein Renewables proudly celebrates the signing of the landmark “One Big, Beautiful Bill” legislation by President Donald J. Trump this Independence Day. The legislation includes a critical two-year extension of the Clean Fuel Production Tax Credit (Section 45Z), moving the sunset date from December 31, 2027, to December 31, 2029. This extension is a major victory for U.S.-produced renewable energy sourced from anaerobically digested livestock manure and biomass, and reaffirms the nation’s commitment to rural revitalization, energy independence, and environmental stewardship.

Roeslein Renewables extends its sincerest thanks to President Trump, the United State Senate, and Members of the House of Representatives for recognizing the value of renewable natural gas (RNG) and for passing this crucial budget reconciliation legislation, which includes provisions critical to the continued growth of the U.S. biogas industry.

Bryan Sievers, Director of Government Relations at Roeslein Renewables, shared the following statement in response:

“With the passage of the One Big, Beautiful Bill, Roeslein Renewables is excited to see that cellulosic feedstocks, including swine manure, dairy manure, poultry manure and other types of manure, along with cellulosic biomass including winter-hardy cereal rye, native perennial prairie, and other crop residues will provide significant benefits to farmers, livestock producers, and producers of renewable natural gas that will drive development and capital investment in the livestock manure and biomass based anerobic digestion industry on our nation’s farms and ranches.”

Roeslein Renewables and Horizon II: A Living Example of Energy Innovation and Environmental Restoration

Horizon II is a commercial demonstration project featuring anaerobic digester facilities owned and operated by Roeslein Renewables in partnership with Sievers Family Farms. The farm consists of an 1,800-acre corn and soybean operation with a 2,400-head beef cattle facility owned and managed by the Sievers family.

This project exemplifies Roeslein Renewables’ vision: restore 30 million acres of native prairies and grasslands — (approximately the area of Iowa), alongside 100 million acres of cover crops (roughly the area of Missouri and Kansas). When combined with livestock manure from thousands of small farms, these biomass sources have the potential to supply up to 17% of the nation’s natural gas demand (RNG White Paper)2.

Supported by the Section 45Z production tax credit, the co-digestion of livestock manure and biomass from native prairie and winter-hardy cover crops will not only provide clean, renewable energy but will also deliver major environmental benefits. These include significant reductions in nitrogen, phosphorus, and sediment runoff into waterways, as well as the creation of rich wildlife habitats across America’s agricultural landscape.

Roeslein Renewables collaborates with Penn State University and Iowa State University on several USDA grants, including C-Change and Horizon II, which includes the creation of a video series called Prairie Prophets, that presents scientific data to support the vision of clean renewable natural gas production from rural America while addressing environmental challenges such as cleaner water, healthier soils, and improved air quality. These outsized ecosystem services and benefits will also generate substantial new revenue streams and create jobs for those who make their home in rural America, while simultaneously reducing the burden and costs to their communities’ water purification systems, improving water quality in the Gulf of America, and supporting President Trump’s Make America Beautiful Again Executive Order.

“Since founding Roeslein Renewables our overarching goal has been to provide farmers an alternative way to use land, especially highly erodible acres, in ways that will benefit the environment, wildlife, and their own livelihood,” said Rudi Roeslein, Roeslein Renewables Founder and Chairman. 

Horizon II is certified under the International Sustainability and Carbon Certification (ISCC EU)3 and meets the requirements of the Renewable Energy Directive (RED II) (Directive [EU] 2018/2001) promoting the use of energy from renewable sources.

For Additional Information:

About Roeslein – Renewables

Roeslein Renewables is a St Louis-based company dedicated to advancing U.S. energy dominance, rural economic development, and conservation.

Roeslein Renewables, (formerly known as Roeslein Alternative Energy) owns, operates, and develops renewable energy production facilities that convert agricultural residues and renewable biomass feedstocks into renewable natural gas (RNG) and sustainable co-products. Native prairie restoration is a cornerstone of its mission and business model.

In July 2023, Roeslein Alternative Energy merged with its parent company, Roeslein & Associates, to become Roeslein Renewables. Roeslein Alternative Energy was founded in 2012 by Rudi Roeslein, co-founder and chairman of St. Louis-based Roeslein & Associates, Inc.—a global leader in engineering, modular fabrication, and the construction of industrial plant facilities.

Visit our website at Renewable Energy – Roeslein & Associates.

References:

1 The Sustainability Alliance. Sievers Family Farms Turns Farm Waste into Fuel and Fertilizer (2024).

2  Sievers, Bryan, Tom Richard, and Martin L. Battaglia. Realizing the Full Potential of Winter-Hardy Cover Crops and Prairie Biomass Through the Production of Renewable Natural Gas. White paper. St. Louis, MO: Roeslein Renewables (2024).

3 PR Newswire. Roeslein Renewables Receives the First ISCC Certification for Biomass-Based Crop Residues, Including Cover Crops, Processed for Clean-Burning RNG. (2025).

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SOURCE Roeslein Alternative Energy

Fairway, the Texas-based Mortgage Bank, is Challenging Other Mortgagees to Match Its Contribution to the Rescue Efforts

CARROLLTON, Texas, July 7, 2025 /PRNewswire/ — Fairway Home Mortgage, with headquarters in Carrollton, TX and Madison, WI, announced today that it is donating $1,000,000 to the ongoing relief efforts following the catastrophic flooding in Texas over the past several days. Fairway has a large presence in Texas where nearly 90 people have been found dead with many more still missing as rescuers search for survivors. Fairway is challenging other mortgage companies who do business in Texas to match its efforts.

The Fairway corporate donation will go through Wood Group Gives, one of Fairway’s non-profits in the Texas area. Anyone impacted by the flooding who needs assistance can click here for information, and those who would like to contribute financially to the rescue efforts can click here

“The loss of life and the devastation caused by the floods in Texas this past weekend are difficult to fathom. Our hearts break for the families who are grieving such sudden and unexpected loss,” said Fairway’s Regional SVP Marc Wood. “Now is the time to live out our commitment to love and serve our communities and we are committed to doing everything we can to support and help rebuild in the wake of this tragedy.”

“Our hearts and prayers are with the families impacted by the Texas floods this past weekend,” added Matt Wood, Fairway’s Regional SVP. “It is a helpless feeling to watch family members being separated, communities getting ravaged, and then have to search and find out who is alive at the end of it. We grieve with all of those who were impacted, and we pray for God to comfort and be near to them right now.”

“It is truly humbling to be part of a company that makes this kind of contribution,” said Fairway SVP and Area Manager Brad Dragoo. “We always pay lip service to how we are here to help and to serve, but it is times like this when Fairway really steps up and shows its true colors. We hope other companies react in the same way – it’s the least we can do.”

About Fairway Home Mortgage
Madison, WI– and Carrollton, TX-based Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender licensed in all 50 states. Fairway is the #2 overall retail lender in the U.S.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fairway-home-mortgage-donates-1-000-000-to-texas-flood-relief-302499092.html

SOURCE Fairway Home Mortgage

NORFOLK, Va., July 7, 2025 /PRNewswire/ — As summer winds down, Kalfus & Nachman is proud to announce its 4th Annual Back-to-School Backpack Giveaway, set to take place on Saturday, August 2, 2025, at their Norfolk office. This special event is to help kids aged 5-12 (Pre-K through 6th Grade) kick off the school year with confidence. We’ll be giving out free backpacks stuffed with essential school supplies so every child has what they need to start the year strong.

Equipping Norfolk Students for Success

Education is the foundation of a bright future, but for many families, the cost of school supplies can be a significant burden. Recognizing this challenge, Kalfus & Nachman is stepping up once again to distribute hundreds of backpacks stocked with essentials like folders, notebooks, pencils, and more—all at no charge.

“Our annual backpack giveaway is about showing our community that we care and together, we can make a lasting impact on our community’s children,” said attorney Paul R. Hernandez

Event Highlights

  • Free backpacks filled with school supplies for students in Pre-K through 6th Grade (ages 5-12).
  • One backpack per student to ensure fairness and maximize the number of families served.
  • Fun activities for kids, including music, games, and giveaways for parents.
  • A joyful, family-friendly atmosphere to celebrate the upcoming school year.

How to Participate

The giveaway is open to all families with children in the designated age range. No registration is required—simply show up on the day of the event! Supplies are limited and will be distributed on a first-come, first-served basis, so early arrival is encouraged.

Event Details:

  • Date: Saturday, August 2, 2025
  • Time: 9:00 AM12:00 PM
  • Location: Kalfus & Nachman, 870 N. Military Highway, Norfolk, VA 23502

Building on Last Year’s Success

The 2024 event was a huge success — more than 1,500 backpacks were handed out to local students by Kalfus & Nachman. This year, we aim to match or even surpass that number, made possible by the incredible support of their team, volunteers, and community partners.

We encourage local businesses, organizations, and individuals to come together to make a meaningful impact. Every contribution—whether through financial support, volunteer efforts, or sharing the message —plays a vital role in helping more students begin the school year prepared and excited to learn.

About Kalfus & Nachman

For years, Kalfus & Nachman has been a pillar of the Norfolk community, not only through its legal services but also through its commitment to giving back to the community. From supporting education to promoting health and wellness, the firm is dedicated to making a positive difference in the lives of those it serves.

Media Contact:
Mary Murray
Email us here

Kalfus & Nachman PC
+1 855-880-8163
Visit us on social media:
Facebook | Instagram | X | LinkedIn 

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SOURCE Kalfus & Nachman

Passed in 2023, the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261) were viewed as groundbreaking legislation in the United States and around the world. Despite challenges to the legislation, changes in geopolitical pressures, and the latest from the European Union’s Omnibus I package, California has remained steadfast in their commitment to ensuring companies consider and disclose climate-related matters starting in 2026. Understanding these regulations and their evolving timelines is crucial for compliance and strategic planning.

Summarizing California’s Key Climate Acts

SB 253: The Climate Corporate Data Accountability Act

This act mandates that public and private companies doing business in California with total annual revenues exceeding $1 billion USD report their greenhouse gas (GHG) emissions in accordance with the GHG Protocols.

  • Initial Reporting (2026): Companies must publish their annual Scope 1 and 2 emissions beginning with fiscal year 2025 data and undergo third-party, limited assurance.
  • Scope 3 Inclusion (2027): Emissions reporting expands to include Scope 3 emissions for fiscal year 2026 data. Importantly, SB 253 currently provides a safe harbor for good-faith misstatements through 2030.
  • Enhanced Assurance (2030): By 2030, Scope 1 and 2 emissions will transition to reasonable assurance, while Scope 3 is anticipated to move to limited assurance.

SB 261: The Climate-Related Financial Risk Act

This act requires public and private companies doing business in California with total revenues exceeding $500 million USD to biennially disclose their climate-related financial risks. These disclosures must follow the Task Force on Climate-Related Financial Disclosures (TCFD) framework or its successors, such as the International Financial Reporting Standards (IFRS) Sustainability Standards, specifically “IFRS S2”. The key deadline for SB 261 is January 1, 2026.

SB 219: Greenhouse gases: climate corporate accountability: climate-related financial risk

This bill was introduced in September 2024, providing an extension for CARB to finalize and adopt the new rules for both SB 253 and SB 261 in July 2025. The bill also streamlines SB 253 reporting requirements for parent companies, removing the requirement for subsidiaries to file separate reports.

Latest Developments and Global Influence

On May 29, 2025, the California Air Resources Board (CARB) hosted a virtual workshop to discuss the implementation of SB 253 and SB 261, as well as the amendments under SB 219. During the workshop, State Senators Scott Weiner and Henry Stern acknowledged the global influence of similar disclosure regulations, such as the EU’s Corporate Sustainability Reporting Directive (CSRD), but reiterated that the compliance deadlines for California’s bills remain unchanged.

CARB presented initial concepts regarding definitions for “doing business in California,” “revenue,” and “corporate relationships”. However, CARB also indicated that more time is needed to finalize their proposed rules and that meeting the July 1 deadline presented in SB 219 would be unlikely. Instead, the rules package for SB 253 and SB 261 is now anticipated to be finalized by the end of the 2025 calendar year.

In a similar fashion, on July 1, 2025, the European Financial Reporting Advisory Group (EFRAG) announced that they would also extend their public consultation period from the end of July through the end of September, extending the revision and simplification deadline of the European Sustainability Reporting Standards (ESRS) until November 30, 2025. It is yet to be seen if the delay for the updated ESRS will have further impact on the status of the California rules.

A notable point from the workshop was CARB’s reminder about a December 2024 Enforcement Notice: reporting entities will not be subject to penalties for incomplete disclosures related to SB 253, provided they demonstrate “good faith efforts” to collect GHG emissions data. It’s important to note that a similar Enforcement Notice has not been introduced for SB 261 at this time.

The California rulemaking process is comprehensive, offering opportunities for public engagement and compliance reviews. CARB remains in the “Pre-Rulemaking” stage and intends to continue public engagement before issuing proposed regulations. Once the proposed rules are ready, CARB will enter the “Formal Rulemaking” status, with one year to finalize and adopt the rules into law. This means that the final rules might not be ready until late 2026.

Preparing for Compliance: Actionable Steps

Despite the delayed release of formal guidance materials, the statutory deadlines for these regulations remain in effect. Therefore, companies, especially those new to GHG emissions inventories and/or climate-related risk reporting, should begin preparations as soon as possible.

Here are key areas your organization should focus on:

  • Climate Risk Assessment:
    • Evaluate your climate-related financial risks.
    • Prepare to report your findings following the foundational principles of the TCFD or IFRS frameworks.
  • GHG Inventory Development:
    • Develop a comprehensive Inventory Management Plan.
    • Calculate your Scope 1 and 2 GHG emissions for fiscal year 2025.
  • Assurance Planning:
    • Engage with third-party assurance providers.
    • Plan for limited assurance of your GHG Inventory.
  • Reporting Strategy:
    • Actively monitor CARB and other regulatory bodies for further disclosure developments.
    • Establish a robust reporting strategy that prioritizes data collection, internal controls, and strong governance structures to ensure readiness and compliance.

Key Deadlines at a Glance:

  SB 253 SB 261
Key Deadlines 2026, exact date undefined January 1, 2026
Frequency Annual Biennial
Scope U.S. companies that do business in California and have annual revenues 
> $1 B USD.
U.S. companies that do business in California and have annual revenues > $500 M USD.
Obligations 2026: Scope 1 and 2 emissions for Fiscal Year 2025, with limited assurance. 
2027: Expands to include Scope 3 emissions for Fiscal Year 2026 under a safe harbor provision through 2030. 
2030: Scope 1 and 2 transition to reasonable assurance. Scope 3 anticipated to undergo limited assurance.
Publication of climate-related financial risk report (TCFD or successor).

The evolving landscape of climate corporate accountability demands proactive engagement. Antea Group is here to help your organization navigate these complex regulations and build a resilient sustainability reporting framework.

Is your company prepared for California’s new climate disclosure mandates?

Learn how Antea Group can support your compliance journey and enhance your sustainability reporting: https://us.anteagroup.com/services/corporate-sustainability-reporting-and-disclosure

Project Marks First-Ever Global Co-Production with Channel 5’s Milkshake!

Share it: @Nickelodeon @NickelodeonFamily 
Click HERE to download assets and HERE for the trailer.

BURBANK, Calif., July 7, 2025 /PRNewswire/ — Preschoolers will set off on epic intergalactic adventures, as Nickelodeon readies brand-new animated preschool series, Tim Rex in Space, for launch on Monday, Aug. 4. Marking the brand’s first global co-production with Channel 5’s Milkshake!, Tim Rex in Space will premiere for three consecutive weeks, Monday-Thursday, at 9:30 a.m. (ET/PT) on Nickelodeon and encore at 6:30 p.m. (ET/PT) on the Nick Jr. channel. The series airs on Nickelodeon channels internationally and on Milkshake! in the U.K.

Tim Rex in Space follows a Tyrannosaurus Rex (T-Rex) named Tim, his big brother Tommy, little sister Tia, and triceratops bestie Kai, as they tackle kid-shaped adventures with dino-sized solutions in space. Tim and his family live in a unique world comprised of a cluster of asteroids that make up the town of Rumbleton–a quintessential 21st century suburban town, with each asteroid hosting family homes, cafés, shops, parks, and even a beach. All asteroids are connected by a network of slides, ziplines and trampolines, but can also easily be reached on a quick rocket ride.

The voice cast for Tim Rex in Space features: Cassian Swan-Mckee as Tim; Ace Gill as Tommy; Hope Delaney as Tia; and Jamie Smart as Kai. The cast also includes Stephen Alan Yorke, Nim Miller, Sophia Nomvete, Jessica Robinson, Alex Carter and Lorraine Bruce

Tim Rex in Space is created and produced by Mint Copenhagen for Nickelodeon and Milkshake!, with animation studio, Jam Media. The series is produced by Josephine Jerris Margolis and Louise Barkholt for Mint, directed by Sam Dransfield (Bossy Bear) with animation director, Jess Patterson (Nova Jones), series designer/ art director Joshua Hogan and head written by Andy Potter (Sharkdog, Class Dismissed). Tracy Nampala (Pip and Posy Let’s Learn, Ricky Zoom, Supertato, Brave Bunnies and Colourblocks) serves as the VR Director. Kate Crownover, Senior Manager of Nickelodeon Animation, Francesca Alberigi, Paramount International Kids & Family Manager of Development & Production and Kyle Jenkins, Milkshake! Acquisitions and Programming Director serve as Executives in Charge. The series was commissioned for Channel 5’s Milkshake! by Louise Bucknole, Senior Vice President of Paramount UK & Ireland, Kids & Family.

Channel 5’s Milkshake! is home to some of the world’s favorite preschool characters. Channel 5 broadcasts children’s content for 2-5 year old’s between 6am-9am everyday and is the top-rated commercial block for kids 4-15. Milkshake! features a range of stimulating, diverse and engaging programmes that include strong character-led animation, live action series, factual entertainment and presenter-led high-quality studio and musical entertainment, also available non-stop via on-demand service, My5, Paramount +, a magazine and a touring Milkshake! Live theatre show. Popular, award-winning shows include Peppa Pig, PAW Patrol, Rubble & Crew, Fireman Sam, Thomas & Friends, Milkshake! Monkey, The Adventures Of Paddington, Pip & Posy, Milo, Pop Paper City, Tweedy & Fluff, Mixmups, Odo, Ben and Holly’s Little Kingdom, Sunny Bunnies, Reu & Harpers’ Wonder World, Cooking with The Gills, Animal Care Club, Go Green with The Grimwades, The World According To Grandpa, Meet The Experts, Mimi’s World, Sesame Street Mecha Builders, Brave Bunnies, Oggy Oggy, and upcoming The Woohoos and Stan & Gran. For further information visit www.milkshake.tv

Nickelodeon, now in its 46th year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The brand includes television programming and production in the United States and around the world, plus consumer products, digital, location-based experiences, publishing and feature films. For more information or artwork, visit http://www.nickpress.com. Nickelodeon is a part of Paramount’s (Nasdaq: PARA, PARAA) global portfolio of multimedia entertainment brands.

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SOURCE Nickelodeon

Noah Lopez, an Electrification Engineer at the Center for Excellence in Electrification, is a prime example of how a growth mindset can drive innovation and creativity.

“The unofficial statement is that I make things work together that shouldn’t,” Noah says with a smile, describing his role. Noah works at one of the flagship brands for Trane Technologies, Thermo King®, a leader in sustainable transport climate control solutions. His day-to-day involves combining batteries and other elements into functional systems to create new solutions. He replicates challenges customers face in the field to resolve them and manages the implementation of aftermarket data loggers into field trials with customers.

Noah, a third-generation engineer with a master’s degree in mechanical engineering from the University of Illinois at Urbana-Champaign, has been with the company for four years. Before graduation, he heard about the company culture through a friend and was intrigued by the opportunity to work on cutting-edge technology. “The opportunity to work on ‘bleeding edge’ technology to help drive new processes and ideas was really interesting to me,” he recalls.

Award-winning innovation

After joining the company, Noah and his teammates developed two generations of battery electric power systems for demonstrating electrified trailer refrigeration – a significant step in the company’s electrification strategy. Their innovative work earned them a patent and the company’s prestigious President’s Award. “We figured out how to minimize the amount of power flowing through our battery to maximize the lifetime of the battery,” Noah says.

Now, he is working on the integration of external power systems to trailer transport refrigeration units and appreciates the opportunity to work in a job that makes an impact. “If we aren’t sustainable, eventually, we won’t be here,” he notes. Nature is especially important to Noah, who spends time outdoors almost daily, even coaching speed skating in the winter months.

A collaborative and growth-oriented environment

The positive work culture his friend described proved true once Noah joined. “Our electrification team is a very tight group of competent engineers who all work together without ego,” he says. Noah appreciates the company’s growth-mindset approach, which allows learning from mistakes. “We get to work in the lab with high-end equipment, and if something goes wrong, we get to learn what went wrong and how to fix it, so it won’t happen again,” he explains.

Mentoring the next generation

Noah received mentorship early in his career from Principal Electrification Engineer, Matt Srnec, to help propel his career forward. And now, Noah has his own opportunity to pay it forward by mentoring the company’s interns. He helps interns find projects they enjoy, helping to enhance their work experience. “Having a greater level of enjoyment for the work that they’re doing every day, means they’re happy to show up and work on it.”

For instance, his intern from last year designed and built a test cart repackaging the evolve™ battery system for ease of mobility and storage. “We worked with the intern to complete the design process from the ground up through completion of the build,” Noah says. “I want future engineers to have that opportunity for fulfilling project experience.”

The evolve™ portfolio is the company’s all-electric portfolio, which includes electric refrigeration solutions for truck, trailer, rail, air and marine transport. These zero-emissions product offerings contribute to our company’s 2030 Sustainability Commitments to reduce customer greenhouse gas emission by 1 billion metric tons.

A perfect fit

Noah has found the right fit at the company. “I get to go play in the lab and do the innovation work that I enjoy,” he says. “I think that the work that I do every day boldly challenges what’s possible,” Noah adds. “That goes hand in hand with the opportunity to innovate, to make new things, and prove that those random ideas are possible.”

Noah’s story is a compelling example of how a supportive and innovative work culture can lead to personal and professional growth. For those considering a career in engineering, Noah’s journey highlights the exciting opportunities to innovate and grow in a company that values sustainability and creativity.

Explore careers that make a difference at Trane Technologies.

CLEVELAND, July 07, 2025 /3BL/ – KeyBank Community Development Lending and Investment (CDLI) provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance the new construction El Camino Commons, an affordable multifamily housing property in Oceanside, California. The $27.8 million permanent loan will be privately placed with one of KeyBank Commercial Mortgage Group’s (CMG) institutional investors.

EL Camino Real Apartments will be a four-story residential building with 111 units consisting of two and three-bedroom apartments for families earning between 30% and 80% of area median income (AMI). The property will include a leasing office and a community area within a 6,500 square foot common space, including outdoor recreational space and central laundry rooms on each floor. Supportive Services will be provided by Mission Neighborhood Centers (MNC), which offers educational programs, workforce development, homelessness prevention, and social services.

The sponsor, Mirka Investment, is a real estate development firm known for its high-quality affordable multifamily rental communities as well as their assistance of underserved and diverse portions of the population, including financially struggling families, veterans, seniors, formerly homeless, and developmentally disabled individuals.

The project secured an additional $32 million construction loan from the California Municipal Finance Authority through a Multifamily Housing Private Activity Bond issuance, $12.9 million in certificated credits from the City of Oceanside State Housing Tax Credit program via Monarch Private Capital, and $16 million in Federal Low-Income Housing Tax Credit (LIHTC) equity from WNC.

El Camino Real Apartments will be located in Oceanside, California, just north of Carlsbad. The development benefits from excellent transportation access and proximity to essential community amenities, including quality schools and supportive services.

Matthew Haas of KeyBank CDLI’s Western Regional team structured the financing. Hector Zuniga of KeyBank CMG arranged the permanent financing.

About MirKa Investments, LLC.

MirKa Investments, LLC is a proven leader in developing and managing affordable multifamily housing communities throughout California. With 14 successfully completed projects and 16 more in various stages of development, MirKa continues to demonstrate unparalleled expertise in creating sustainable housing solutions. MirKa’s track record of success reflects its unwavering commitment to creating inclusive communities where residents can truly thrive. For more information, visit www.mirkainvest.com

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 

In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $189 billion at March 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 1,000 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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July 7, 2025 /3BL/ – As search and rescue operations continue following the catastrophic flooding in central Texas, the death toll has risen to at least 80, with many more still missing. First responders are still urgently scouring the area for survivors.

Direct Relief has announced $50,000 to support the rapid deployment of emergency medical supplies and operating funds to impacted communities. The organization is actively coordinating with healthcare providers and emergency response partners across the state to support immediate and emerging needs.

Direct Relief has also made its $90 million inventory of medical supplies available to support healthcare facilities responding to the disaster. This includes prescription medications, field medic packs for first responders, personal care items for displaced individuals, emergency medical backpacks, chronic disease treatments such as insulin and inhalers, and other essential items needed in the wake of a large-scale emergency.

To ensure support reaches those most impacted, Direct Relief has reached out to clinic and health center partners in the Texas Hill Country and across the state, along with the National Association of Community Health Centers (NACHC), the Texas Association of Community Health Centers (TACHC), the National Association of Free and Charitable Clinics (NAFC), the Texas Association of Charitable Clinics (TXACC), and the Mobile Healthcare Association.

Direct Relief has also contacted local search and rescue teams, including Texas Search & Rescue (TEXSAR), Texas EquuSearch, and the Kerr County Sheriff’s Office. The organization remains in close contact with National EMR, which has deployed personnel to Kerrville and is operating from the field and Emergency Operations Center.

As a long-time supporter of healthcare providers across Texas, Direct Relief remains committed to responding quickly, coordinating closely with local partners, and ensuring that essential medical care is accessible to those affected by this devastating event.

Originally published by Star Rating for Schools

Road traffic injuries are the leading cause of death for children and young adults aged 5-29 globally. In Porto Alegre, Brazil, traffic-related fatalities have surged, with 84 people losing their lives in 2024, the highest rate in seven years.

In light of this issue, Fundação Thiago de Moraes Gonzaga, Translab and iRAP, with support from FedEx Brazil, launched the “Safe Pathways to Schools” project. This initiative focuses on improving road safety for students by engaging the school community, assessing school road infrastructure with Star Rating for Schools (SR4S), implementing tactical urbanism and advocating for permanent improvements and reduced speeds.

The school zone selected for the project is E.M.E.E.F Prof. Elyseu Paglioli, located in the Cristal neighborhood of Porto Alegre. This school supports children and adolescents with disabilities, many of whom have mobility challenges. The area buzzes with foot traffic, surrounded by two other schools, a daycare, a health center, homes, and shops, all adding to the presence of vulnerable road users.

In addition to enhancing child road safety, the project incorporates green elements into its tactical urbanism approach, potentially providing vital environmental and social benefits such as water purification, recreational spaces, and climate resilience, especially relevant after Porto Alegre’s historic flood in May 2024. FedEx Brazil volunteers will also play a key role in supporting the implementation of these interventions.

By creating safer and healthier school zones, the project encourages active mobility and contributes to improving the overall quality of life for the community in Porto Alegre.

Click here to learn about FedEx Cares, our global community engagement program.

Plastic Credit Market is Segmented by Type (Recycling Credits, Upcycling Credits), by Application (Packaging Industry, Electronics Industry).

BANGALORE, India, July 7, 2025 /PRNewswire/ — The Plastic Credit Market was valued at USD 462 Million in the year 2024 and is projected to reach a revised size of USD 1790 Million by 2031, growing at a CAGR of 23.6% during the forecast period.

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Major Factors Driving the Growth of Plastic Credit Market:

The plastic credit market is rapidly evolving as a scalable, results-oriented solution to the global plastic waste crisis. As sustainability becomes integral to corporate strategy, credits offer companies a mechanism to balance usage with responsible disposal. Verified credits enable businesses to achieve plastic neutrality, enhance brand reputation, and comply with environmental regulations. The market’s growth is supported by rising ESG demands, robust certification systems, technological innovations, and increased stakeholder engagement across industries. With expanding applications across electronics, FMCG, logistics, and retail, the market is expected to witness significant growth. As global collaboration deepens, plastic credits are set to play a central role in driving a circular and sustainable economy.

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TRENDS INFLUENCING THE GROWTH OF THE PLASTIC CREDIT MARKET:

Upcycling credits are becoming a transformative force in the plastic credit market by emphasizing high-value recovery of plastic waste. Unlike traditional recycling, upcycling converts discarded plastics into superior products, thereby increasing their economic and environmental value. This concept has gained traction among corporations seeking sustainable waste management solutions and ESG compliance. By purchasing upcycling credits, companies can demonstrate their commitment to circular economy principles, reduce their environmental footprint, and meet regulatory expectations. These credits also encourage innovation in material design, packaging, and reuse technologies, fostering industrial collaborations. The visibility and traceability of upcycling credits enhance transparency, attracting investment from environmentally-conscious stakeholders and significantly accelerating market growth across various sectors.

Recycling credits are a foundational component in the plastic credit market, incentivizing the recovery and reuse of post-consumer plastic waste. These credits allow companies to offset their plastic usage by funding third-party recycling projects or directly investing in plastic recovery initiatives. Governments and environmental organizations increasingly support credit-based frameworks as a tool to enforce Extended Producer Responsibility (EPR). This promotes transparency, accountability, and measurable impact across supply chains. As sustainability becomes a business imperative, corporations across sectors are integrating recycling credits into their ESG strategies. The expansion of certified recycling facilities and verification standards also strengthens trust in these credits, making them a crucial driver of market expansion globally.

The electronics industry contributes significantly to the plastic credit market due to its substantial use of plastic in devices, packaging, and accessories. As e-waste becomes a mounting concern, electronic manufacturers are under pressure to mitigate their plastic impact. Many are turning to plastic credits to demonstrate compliance with environmental regulations and reduce their ecological footprint. Through strategic partnerships with recyclers and waste management organizations, tech firms fund recovery and recycling initiatives in emerging markets. Additionally, industry giants have started using credits to promote the collection of difficult-to-recycle plastics, such as multi-layer laminates found in circuit boards. This industry’s focus on sustainability accelerates the adoption of plastic credits, propelling market growth.

Corporations are increasingly aligning with sustainability goals and Environmental, Social, and Governance (ESG) frameworks, which fuels the plastic credit market. To mitigate plastic pollution, companies are adopting plastic neutrality through the purchase of credits. These credits help firms showcase environmental responsibility, enhance brand image, and appeal to eco-conscious consumers. Investors also prioritize ESG-compliant businesses, encouraging adoption. As industries strive to achieve zero-waste targets and transparent supply chains, plastic credits provide a verifiable mechanism to meet such goals. The integration of sustainability into procurement and manufacturing strategies is transforming the market landscape, with plastic credits emerging as a viable and scalable solution.

Stringent government policies on plastic waste management, including bans on single-use plastics and mandatory Extended Producer Responsibility (EPR), are compelling industries to offset their plastic use. Plastic credits offer a legal and efficient route to achieve compliance without compromising business operations. Regulatory authorities in regions such as the EU, India, and Southeast Asia are actively developing plastic credit mechanisms as part of national action plans. The ability of credits to be tracked, audited, and verified ensures that companies meet regulatory benchmarks transparently. As regulatory frameworks tighten, the demand for credible credit systems grows, positioning them as essential compliance tools in global markets.

The global shift toward a circular economy is reshaping how industries handle plastic waste, promoting reuse, recycling, and recovery. Plastic credits directly support these principles by creating financial incentives for stakeholders to recover plastic waste and reintegrate it into the value chain. NGOs, startups, and waste management companies participate in verified credit generation through innovative recovery projects. Corporations purchase these credits to close the loop on their plastic footprint. As awareness grows around resource conservation and climate impact, the synergy between circularity and credits is becoming a cornerstone of modern sustainability frameworks, leading to wider adoption across diverse industry verticals.

Today’s consumers are more informed and environmentally conscious, pressuring brands to be transparent about their environmental impact. Companies are responding by incorporating plastic credits into their sustainability reporting and product packaging. Certifications indicating plastic neutrality or recycled content backed by verified credit purchases resonate with ethical consumers. This consumer-driven demand is especially influential in the retail, FMCG, and e-commerce sectors. Public campaigns and influencer-driven awareness are also shaping buying behavior, encouraging companies to actively seek credit solutions. As consumer trust becomes a competitive differentiator, plastic credits offer a practical path to meet environmental expectations and maintain customer loyalty.

The growth of voluntary environmental markets has opened new avenues for plastic credits to operate alongside carbon offsets. Many companies pursuing broader climate neutrality are integrating both carbon and plastic offsets into their sustainability portfolios. These voluntary initiatives offer flexibility and innovation in how companies meet their environmental targets. Platforms that track and trade verified plastic credits are emerging, providing visibility and standardization. The convergence of these markets enhances investment interest and cross-sector collaboration. As businesses become more proactive in managing their environmental impact, voluntary credit markets offer them agility and credibility, further boosting the plastic credit market’s relevance and appeal.

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PLASTIC CREDIT MARKET SHARE

Asia-Pacific leads the plastic credit market due to high plastic consumption, growing environmental awareness, and regulatory initiatives in countries like India, Indonesia, and the Philippines. Government-backed Extended Producer Responsibility (EPR) programs and rising public-private partnerships are fueling demand.

North America and Europe follow, driven by strict sustainability mandates, ESG adoption, and consumer advocacy for plastic-neutral practices. Europe benefits from mature recycling infrastructure and widespread use of certification systems.

Key Companies:

  • ECOEX SRL
  • PCX
  • Empower
  • Ampliphi
  • Verra
  • Oceanworks.
  • rePurpose Global
  • TONTOTON
  • Waste4Change
  • GemCorp
  • Plastic Bank

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