NEW YORK, March 31, 2025 /PRNewswire/ — UY Scuti Acquisition Corp., a Cayman Island exempt company (the “Company”), announced today that it priced its initial public offering of 5,000,000 units at an offering price of $10.00 per unit. The Company’s units are expected to trade on The…
Author: sHq_LoGiNz
HONG KONG, March 31, 2025 /PRNewswire/ — m-FINANCE Limited (“m-FINANCE”), a wholly owned subsidiary of mF International Limited (Nasdaq: MFI) and a provider of forex and bullion trading solutions in Asia, today announced a new strategic partnership with CBCX Markets Limited (“CBCX”), a…
VERO BEACH, Fla., March 31, 2025 /PRNewswire/ — Watercrest Senior Living Group honored their award-winning family of associates this month with a celebratory Employee Appreciation Day. The day of recognition was enjoyed in Watercrest senior living communities across the southeast as…
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STOCKHOLM, March 31, 2025 /PRNewswire/ — Saab has signed a framework agreement with the Latvian Ministry of Defence for the short-range ground-based air defence system RBS 70 NG and received an order within the agreement. The order value is SEK 2.1 billion and deliveries will take place…
National Pizza Franchise and Originator of Flavored Crust® Introduces the Ultimate Bagel-Pizza Mashup MADISON HEIGHTS, Mich., March 31, 2025 /PRNewswire/ — Hungry Howie’s, the originator of Flavored Crust® pizza, recently announced the launch of their latest creation, the Everything…
Company Appoints Adrienne DeTray as Chief Information Officer, Completing Executive Leadership Team PHOENIX and ORLANDO, Fla., March 31, 2025 /PRNewswire/ — Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce education provider for transportation, skilled technicians,…
Increased emphasis on cybersecurity, cloud computing and other areas in new exams DOWNERS GROVE, Ill., March 31, 2025 /PRNewswire/ — CompTIA, Inc., the leading global provider of vendor-neutral information technology (IT) training and certification products, today announced its signature…
AI-Native MDM Leader Achieved 65% ARR Growth and 50% Customer Growth Over FY 2024 CAMBRIDGE, Mass., March 31, 2025 /PRNewswire/ — Tamr Inc. (“Tamr”), the AI-native MDM company today announced results for its most recent fiscal year, which ended January 31, 2025. The company achieved 65%…
Joyce Tsoi, senior director of the Decarbonization Program at Cascale, recently presented at the virtual Komar Supply Chain Sustainability Forums in Vietnam and Cambodia. The event brought together Komar Brands’ Tier 1 and 2 suppliers and featured presentations from industry experts on supplier best practices and brainstorming sessions on environmental and product sustainability initiatives.
Tsoi kicked off her presentation by giving an overview of Cascale’s origins and its vision to convene stakeholders across the industry on a pre-competitive basis to develop a common approach to measuring sustainability. After an overview of Cascale’s growth in membership and evolution, Tsoi highlighted Cascale’s strategic pillars — Combat Climate Change and Support Decent Work for All — as critical to the organization’s renewed focus.
Decarbonization remains a critical focus for the industry. In Vietnam and Cambodia alone, we’ve seen only 27 companies committed to set science-based targets (SBTs), and out of those, 12 companies have validated targets from the apparel, footwear, and textile sector. From Higg FEM data insight, we need to continue to strive for significant actions in South East Asia. Without significant actions and progress, the economic, environmental, and social impacts will continue to escalate.
Tsoi shared Cascale’s efforts to combat climate change and accelerate industry-wide decarbonization through the new Industry Decarbonization Roadmap (IDR), developed in partnership with Apparel Impact Institute (Aii) and with the support of RESET Carbon. She noted how science-based targets (SBTs) and science-aligned targets (SATs) provided a focused first step for companies embarking on their decarbonization journey, complementing the broader IDR roadmap. IDR is a bold, industry-wide initiative to tackle supply chain emissions at scale, aiming to decarbonize global manufacturing from tier 1 finished production assembly, tier 2 material production to tier 3 raw material processing facilities.
Central to IDR, Tsoi highlighted the Manufacturer Climate Action Program (MCAP) framework and how Cascale works with manufacturers to commit and set SATs for validation, evaluate their climate risks, develop a decarbonization plan, and communicate progress with stakeholders. She detailed the program’s benefits, including peer-to-peer learning, best practice sharing in the industry, as well as technical advisory support, training, and guidance. She shared how capacity-building programs – such as MCAP – enable knowledge and skills to be scaled to support manufacturers step-by-step in their target-setting process to support developing their decarbonization plan.
In tandem, Tsoi emphasized the importance of leveraging tools such as the Higg Facility Environmental Module (FEM) in establishing a firm environmental foundation for effective action. With this accurate energy and carbon baseline measurement, companies can determine their focus on tangible energy and carbon reduction opportunities, develop an action plan to take necessary actions, and achieve meaningful progress. Delving deeper into the Higg FEM, Tsoi shared key insights on its adoption in facilities in Vietnam and Cambodia, which showed a significant growth, with more facilities recognizing the Higg FEM as a core tool for measuring environmental performance.
Lastly, she noted the critical value of responsible purchasing practices in moving the industry forward, highlighting Cascale’s recent purchase of key assets of Better Buying Institute (BBI) as a testament of its commitment to advance responsible purchasing practices across the consumer goods industry.
Tsoi concluded her presentation by inviting attendees to register for the Cascale Forum, which will take place May 14-15 in Ho Chi Minh City, Vietnam. The two-day event will bring together manufacturers, suppliers, brands, retailers, and key industry stakeholders to drive actionable solutions for decarbonization, environmental performance, responsible purchasing practices, and audit fatigue.
