Author: sHq_LoGiNz
EU Invests $3.3 Billion to Accelerate New Net Zero Technology Projects
Over half of asset owner equity holdings face ‘significant’ physical climate risk, says MSCI
Lowe’s Pledges $1 Million to Support Hurricane Recovery and Rebuilding Efforts in Jamaica
Donation to help accelerate relief as the island’s communities face widespread devastation
MOORESVILLE, N.C., Nov. 2, 2025 /PRNewswire/ — Lowe’s today announced a $1 million donation to support hurricane recovery and rebuilding efforts in Jamaica after the devastating impact of Hurricane Melissa earlier this week. As a part of the company’s long-standing commitment to helping communities when they need it most, the donation will provide grants and product donations to nonprofit relief partners.
“Our thoughts and prayers are with the people of Jamaica,” said Marvin Ellison, Lowe’s chairman and CEO. “We believe in showing up to help when communities need it most. Through our nonprofit partners we aim to accelerate recovery efforts to help the island begin the long road to recovery.” Â
The direct hit from the powerful Category 5 hurricane left many Jamaican communities nearly demolished. Lowe’s is working closely with its nonprofit partners on the ground in Jamaica to help meet urgent needs while also planning support for long-term recovery. Since the hurricane made landfall, Lowe’s red vest associates have mobilized to deliver critical supplies to the island, including generators and flood relief buckets.
Visit Lowe’s Newsroom for updates on Lowe’s ongoing work to support recovery efforts.
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week, with total fiscal year 2024 sales of more than $83 billion. Lowe’s employs approximately 300,000 associates and operates over 1,700 home improvement stores, 530 branches and 130 distribution centers. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com. Â
Media Contact
Laurel Waller
Lowe’s Companies, Inc. 
Laurel.Waller@lowes.com
                  
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SOURCE Lowe’s Companies, Inc.
              
Bahrain Sets New Global Benchmark with the World’s Largest Rooftop Solar Power Plant
MANAMA, Bahrain, Nov. 2, 2025 /PRNewswire/ — Foulath Holding, an industrial holding company with major steel investments and the parent company of Bahrain Steel and SULB, today announced its partnership with Yellow Door Energy, the leading sustainable energy developer in the Middle East and Africa, to embark on a groundbreaking sustainability initiative to develop a massive 123-Megawatt-Peak (MWp) solar project. Developed under a power purchase agreement (“PPA”), this milestone project includes the construction of the world’s largest single-site rooftop solar power plant with a capacity of 50 MWp. It will comprise 77,000 solar panels installed across a new 262,000-square-meter stockyard shed.
The announcement was made at the third edition of the premier investment forum Gateway Gulf, which was held at the Four Seasons Hotel, Bahrain Bay. Hosted by Bahrain Economic Development Board, the forum gathered global investors, business leaders, policymakers, and  government officials from across the Americas, Europe, Asia and the Gulf region.
H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, said, “Today, the island nation of Bahrain stands at the forefront of sustainable global innovation. We are incredibly proud of this transformative project – marking the largest rooftop solar plant in the world. This milestone not only strengthens our position as a regional leader in clean energy, but embodies our dedication to build a resilience, sustainable future in line with our national vision of elevating Bahrain’s international competitiveness.”
Mr. Meshary Al-Judaimi, Chairman of Foulath Holding, remarked: “Over the past several years, Foulath has invested approximately USD 250 million in various sustainability projects. These investments are a testament to our commitment to responsible operations, environmental stewardship and protecting the health and well-being of our community, thereby ensuring industrial development goes hand-in-hand with environmental care. The solar project serves as a continuation of that commitment.”
Sherif ElKholy, Managing Director, Head of Middle East and Africa at Actis, and Chairman of Yellow Door Energy, remarked: “Congratulations to Foulath Holding and Yellow Door Energy on this landmark PPA to develop the world’s largest single-site rooftop solar plant. I think this project proves how cost-competitive, clean energy can drive forward industry and set a new global benchmark for decarbonising steel production. As a leading investor in sustainable infrastructure and majority shareholder of Yellow Door Energy, we are proud to witness this signing and look forward to seeing this transformative project come to life.”
Marking the largest industrial-scale on-site solar projects in the world, the 123-MWp site will encompass ten rooftop solar photovoltaic (PV) plants and four ground-mounted solar PV installations and is expected to significantly decarbonise the Kingdom’s steel production. With a total of over 189,900 high-efficiency solar panels spread across 707,000 square meters, the project aims to generate 200 million kilowatt-hours (kWh) of clean energy in its first year of operation, effectively reducing carbon emissions by 90,000 metric tons. This initiative will contribute to Foulath Holding’s sustainability objectives and Bahrain’s Net Zero 2060 target.
Photo – https://mma.prnewswire.com/media/2811169/Bahrain_EDB.jpg
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SOURCE Bahrain EDB
              
The Sustainability Secret: Procurement as the Difference Between Goals Met and Goals Missed
SBTi moves to delay deadline for deforestation-free supply chains
Capriotti’s Launches “CapsGiving” to Feed Communities and Celebrate the Original Thanksgiving Sandwich
- Fast-casual restaurant franchise launches “CapsGiving,” a nationwide November initiative that donates sandwich trays to local shelters in honor of National Homelessness Awareness Month
 - Fans can enjoy special offers including BOGO deals for Rewards Members on National Sandwich Day, free subs for veterans on Veterans Day, a Friendsgiving social giveaway, and a free gravy perk with sub purchases
 - Nearly 50 years after creating The Bobbie®, Capriotti’s continues to unite guests, franchise partners, and team members through shared gratitude and the joy of giving back
 
LAS VEGAS, Nov. 1, 2025 /PRNewswire/ — Capriotti’s Sandwich Shop (Capriotti’s) is turning gratitude into action this November with the launch of “CapsGiving,” a national monthlong initiative dedicated to giving back to the communities they serve while celebrating the brand’s iconic Bobbie®, the original Thanksgiving sandwich.
Throughout November, Capriotti’s locations nationwide will donate sandwich trays to local shelters in recognition of National Homelessness Awareness Month, honoring the company’s long-standing belief that food is one of the simplest ways to show love and connection.
“At Capriotti’s, we’ve always believed food is more than a meal; it’s a way to show love and gratitude,” said Ashley Morris, CEO of Capriotti’s. “CapsGiving is our way of expressing that belief within the communities we serve. While a sandwich can’t solve every hardship, it can remind someone they’re not forgotten, and that matters.”
CapsGiving unites the brand’s franchise partners, team members, and guests in a shared effort to serve their communities.
                  Feeding Gratitude All Month Long
In addition to local donations, Capriotti’s is celebrating CapsGiving with exclusive offers, giveaways, and Rewards Member perks:
- National Sandwich Day (Nov. 3) – Buy One, Get One 50% Off any of Capriotti’s signature slow-roasted Butterball® Turkey subs—available exclusively for Rewards Members.
 - Veterans Day (Nov. 11) – All veterans and active-duty military receive a free small sub with any purchase when presenting a valid military I.D. in-shop.
 - Friendsgiving Giveaway (Nov. 13-18) – Fans can share what they’re grateful for on social media for a chance to win a Bobbie Party Tray for their own celebration.
 - Free Gravy Perk – Rewards members can add a free side of gravy with a sub purchase in November. Because what’s Thanksgiving without the gravy?
 
A Sandwich with a Story
While other brands have only recently discovered the “Thanksgiving sandwich,” Capriotti’s has been perfecting it since 1976. The Bobbie®, made with slow-roasted, hand-pulled Butterball® turkey, homemade stuffing, cranberry sauce, and creamy mayo on an authentic hoagie roll, was voted Greatest Sandwich in America for a reason – this isn’t just a sandwich; it’s a tradition! And beginning today, gravy is back for a limited time.
“We’re proud to say we’ve been serving Thanksgiving on a roll for nearly 50 years,” said Kim Lewis, Chief Marketing Officer at Capriotti’s. “But we’re even more excited to show gratitude to our guests, our communities and our team members. CapsGiving brings that spirit full circle.”
                  Join the Celebration
                  
Learn more about CapsGiving or get involved by visiting capriottis.com/capsgiving. To unlock special offers and exclusive CapsGiving perks, join Capriotti’s Rewards at capriottis.com/freesub or download the Capriotti’s App via the App Store or Google Play.
                  
                    About Capriotti’s Sandwich Shop
                  
                  
Founded in 1976, Capriotti’s Sandwich Shop is an award-winning fast-casual restaurant brand known for crafting extraordinary sandwiches. Staying true to its roots, Capriotti’s slow-roasts whole Butterball® turkeys in-house daily and hand-pulls them each morning to deliver unmatched flavor and freshness. With more than 150 locations across the U.S., the brand is home to fan-favorite subs like The Bobbie®— voted “Greatest Sandwich in America”— and unique offerings like the Capastrami®, Cole Turkey and premium American Wagyu Cheesesteaks. Capriotti’s continues to grow with a goal of reaching 500 locations by 2032 and has been ranked on Fast Casual’s Top 100 Movers & Shakers list four years running. Guests can join Capriotti’s Rewards to earn points, unlock perks and get exclusive access to new offers. For more information, visit capriottis.com, or follow Capriotti’s on Facebook, TikTok and Instagram.
Media Contact: Paige Stark, Fishman Public Relations, pstark@fishmanpr.com
                  
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SOURCE Capriotti’s Sandwich Shop
              
KIA AMERICA POSTS ALL-TIME OCTOBER YEAR-TO-DATE SALES RECORD
- 69,002 units sold in October sets new monthly sales record
 - Sales through Kia retailers set new October year-to-date record, increasing 8-percent over 2024
 - Best-ever October performances for the Carnival, Sportage and K5
 
IRVINE, Calif., Nov. 1, 2025 /PRNewswire/ —Â Kia America delivered best October sales with a total of 69,002 units, setting Kia firmly on pace to deliver all-time best annual volume for the third straight year. This upward trajectory continues to be driven by retail sales at Kia dealerships with an 8-percent year-to-date gain over 2024. Kia has sold 705,150 units in 2025, marking an 8-percent increase in sales year-to-date.
Five Kia models – Niro (+75 percent); Carnival (+35 percent); K5 (+31 percent); Seltos (+32 percent) and Sportage (+17 percent) posted notable year-over-year October increases, with Carnival (+35 percent); Sportage (+17 percent) and K5 (+1 percent) each setting new October sales records. Sales of Kia’s electrified models (+16 percent) and SUVs (+2 percent) increased over the same period last year, illustrating the popularity of the brand’s diverse model line-up.
“Despite the numerous challenges facing the automotive industry, Kia is focused on long-term growth supporting our customers with a diverse model lineup that delivers outstanding value, and we continue to be on pace to deliver our third consecutive annual sales record,” said Eric Watson, vice-president, sales operations, Kia America. “With the second-generation Telluride SUV set to debut at this month’s Los Angeles Auto Show, Kia released off-road footage of the camouflaged model to further heighten the customer’s anticipation. Kia’s future remains very bright, and the brand will continue to grow as we move into the critical holiday sales season and into the new year.”
In addition to the monthly sales performance, Kia America also made additional announcements, including:
- Kia revealed the first teaser images of the upcoming all-new 2027 Telluride SUV ahead of its global debut at the upcoming Los Angeles Auto Show. On November 20, Kia America will pull the covers off one of the most anticipated new vehicles of the year and unveil the second generation of one of the brand’s most successful vehicles in company history.
 - Kia also celebrated the transformative power of Telluride through a new creative campaign that highlighted the starring role Telluride played in Kia’s total brand transformation. As the first Kia designed specifically for the U.S., the Telluride stands alone as the only SUV to capture World Car of the Year, North American Utility Vehicle of the Year, MotorTrend SUV of the Year and Car and Driver 10Best honors – in the same year (2020).
 - The discontinuation of the Kia Soul which is considered by many to be the first production vehicle in Kia’s design-led and historic transformation, the Soul attracted new customers to the brand by projecting the kind of individuality and optimism that appealed to both the young and the young-at-heart. The last Soul model will roll off the production line at the conclusion of the 2025 model year. More than 1.5 million Kia Souls have been sold in the U.S. since 2009.
 
| 
 
                            | 
 
                            | 
|||
| 
 
                            | 
 
                            | 
 
                            | 
 
                            | 
 
                            | 
| 
 EV9  | 
 666  | 
 1941  | 
 13,114  | 
 17911  | 
| 
 EV6  | 
 508  | 
 1,732  | 
 11,585  | 
 17,717  | 
| 
 K4/Forte  | 
 9,955  | 
 12,858  | 
 117,598  | 
 116,862  | 
| 
 K5  | 
 7,631  | 
 5,818  | 
 60,212  | 
 34,294  | 
| 
 Soul  | 
 3,991  | 
 4,622  | 
 44,399  | 
 44,716  | 
| 
 Niro  | 
 2,698  | 
 1,546  | 
 22,807  | 
 26,678  | 
| 
 Seltos  | 
 5,622  | 
 4,266  | 
 45,687  | 
 52,443  | 
| 
 Sportage  | 
 16,057  | 
 13,681  | 
 150,159  | 
 132,439  | 
| 
 Sorento  | 
 6,698  | 
 7,841  | 
 80,710  | 
 77,017  | 
| 
 Telluride  | 
 8,571  | 
 9,694  | 
 101,069  | 
 91,448  | 
| 
 Carnival  | 
 6,605  | 
 4,909  | 
 57,810  | 
 39,636  | 
| 
 
                            | 
 
                            | 
 
                            | 
 
                            | 
 
                            | 
                  
                    Kia America – about us
                    
Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several SUVs proudly assembled in America*.Â
For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalertÂ
* Select trims of the all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.Â
                  
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SOURCE Kia America
              
Global Times: Beijing’s Financial Street Forum highlights ways to promote low-carbon technologies in the world
BEIJING, Nov. 1, 2025 /PRNewswire/ — Foreign government and business representatives praised the rapid progress of China’s green transformation and they expressed expectations for deeper cooperation with Chinese enterprises in the green sector, as the world’s second-largest economy has made strides to help cut global carbon footprint.
The remarks were made at the just-concluded Annual Conference of the Financial Street Forum (FSF) 2025, a flagship event that was held in Beijing from Monday to Thursday.
Under the theme “Global Financial Development in an Era of Innovation, Transformation and Restructuring,” this year’s forum covered several key topics, including green transition enveloping all aspects of production and consumption in China, and multiple sub-forums on how to expand green transformation around the world.
At the forum, participants highlighted China’s leading role in the global green transition, which is providing fresh impetus for low-carbon development and future international cooperation.
High recognition
China is a prime actor in reshaping the world’s green endeavors, which is also key subject being discussed during the FSF, Hubertus Väth, managing director of Frankfurt Main Finance, told the Global Times.
“China has become the manufacturing hub of the world, and carbon dioxide emissions are usually linked to manufacturing… So with that, the entire drive toward carbon reduction is largely driven and dependent on what China is doing,” said Väth, noting that, in this respect, he believes China has been exemplary for all – “good in the sense that you not only have the fastest industrialization progress made, but also the fastest transformation and green progress achieved in the country, which has been impressive.”
In terms of green technology, China has scaled up wind, solar, batteries and electric vehicles (EV) – “which are popular in Germany and quite impressive,” Väth said, who added that there is great potential for deepening cooperation between the two sides.
“China is one of the leading countries in terms of proceeding with green transition, and Indonesia is also a country with a very ambitious agenda regarding green transition and green economy,” Irwansyah Mukhlis, minister counselor for political affairs at the Indonesian Embassy in Beijing, told the Global Times at the forum.
Mukhlis said that he believes that the two countries can cooperate further in this green field, including to promote EVs, renewable energy, and solar panels, to achieve a mutually beneficial result.
The praise for China’s green industrial development did not come out of the blue. This year marks the conclusion of China’s 14th Five-Year Plan period (2021-2025), which has marked the fastest phase of China’s green and low-carbon transition, the People’s Daily noted earlier.
During this period, the country has built the world’s largest and fastest-growing renewable energy system, with the share of renewable power generation capacity rising from 40 percent to around 60 percent now.
China has not only expanded its domestic capacity in green energy such as solar power and accelerated its own energy transformation, but has also exported advanced green technology to help other countries pursue green development. During the 14th Five-Year Plan period, China’s exports of wind and photovoltaic products have helped other countries reduce carbon dioxide emissions by about 4.1 billion tons, making a significant contribution to the global low-carbon transition.
For example, in Bosnia and Herzegovina, the Ivovik Wind Power Project, which was jointly developed by PowerChina and China General Technology Group, with a capacity of 84 megawatts, marks the country’s largest wind farm and is projected to cut carbon dioxide emissions by 240,000 tons annually, the Xinhua News Agency reported.
Another good example is the “Rural Solar” off-grid project developed by Chinese technology giant Huawei in Cameroon. Since Huawei signed a contract with Cameroon’s Ministry of Water Resources and Energy in 2012, nearly 500 solar power stations have been built and put into commercial operation in Cameroon, according to Xinhua. These will help reduce carbon dioxide emissions by 36,000 tons per year, which is equivalent to planting 100,000 trees.
New momentum
Behind the rapid progress of China’s green transformation and its growing contribution to the global energy transition lies the country’s thriving green finance sector – a booming field emphasized by some Chinese business representatives at the FSF 2025.
At a sub-forum on Wednesday, Cui Yong, general manager of China Everbright Group, highlighted the significance of green finance in future development. According to Cui, more than 150 countries worldwide have proposed “carbon neutrality” goals, and green finance is gradually becoming a crucial topic in international financial cooperation.
At the same time, China’s green finance development has further accelerated, making the country the world’s largest green credit market and the second largest green bond market, contributing valuable Chinese experience to global sustainable development, said Cui.
Also at the FSF 2025, Lin Jian, deputy general manager of the corporate finance department at China Merchants Bank, said that the costs of using clean energy technologies, such as solar and wind power, continue to drop, while finance, risk pricing, and incentive mechanisms, provides sustained momentum for the green transition.
By the end of the second quarter of this year, China’s outstanding green loans in domestic and foreign currencies had reached 42.4 trillion yuan ($5.9 trillion), an increase of 5.4 trillion yuan, accounting for 41.4 percent of the total loan growth in the market, Xinhua reported. These funds have been directed precisely to key areas such as energy transition and ecological protection, serving as an accelerator for green and low-carbon development, said the report.
                  
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SOURCE Global Times
              
								




