EMERYVILLE, Calif., December 2, 2025 /3BL/ – SCS Standards and Assurance Systems is pleased to announce that the established SCS-115 Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products has been expanded to include two new modules that cover requirements pertaining to renewable energy (Module D) and asset efficiency improvement (Module E). These modules were created with technical feedback from industry experts, including RMI and Shell Chemical, among other Standard Development Committee members.

Introduced in April 2024, SCS-115 provides a methodology for third-party certification of the greenhouse gas intensity and reduction in carbon dioxide equivalents of a chemical material. SCS-115 is modular, allowing for different decarbonization levers. SCS-115 Modules D and E should be read in tandem with the core SCS-115 standard.

To download a copy of SCS-115 and all associated modules (A-E), visit the SCS Standards Website: Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products | SCS Standards

To learn more about SCS-115, register here to attend an informational webinar & Q&A session being held at 11:00 AM PST on December 16, 2025.

For SCS-115 Certification Services, please visit the SCS Global Services Website: Carbon Assured™ | SCS Global Services

To review guidance on SCS-115 certification, see the SCS-115 Auditor and Operator Guidance V1.0, which will be updated with information on Modules D and E shortly: Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products | SCS Standards

About SCS Standards

SCS Standards and Assurance Systems is an organization committed to the development of standards that advance the United Nations Sustainable Development Goals. Standards are developed in alignment with best practices and guidelines provided by internationally recognized bodies to ensure a robust, transparent, and collaborative approach. SCS Standards is the official standards development body for Scientific Certification Systems, Inc. For more information, visit www.SCSstandards.org.

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AI’s rapid growth is driving demand not only for electricity but also for the clean water needed to run its physical infrastructure. As data centers expand, rising water intensity is straining supplies and testing long-term sustainability. In our analysis, these pressures create both risks and opportunities for active investors.

How Cool Is AI?

AI’s explosive growth shows little sign of ebbing, with a record $350 billion projected for AI-focused business investment in 2025 alone. As a result, global capacity for AI’s server-housing facilities, or data centers, is expected to rise 23% in each of the next five years, with the US dominating.

The build-out is expected to spike data-center electricity demand by 160% in the US, contributing to a 25% increase in overall power demand through 2030, according to the International Energy Agency. Meeting greater global power needs will have distinct challenges. But we also see a variety of potential risks stemming from water becoming either more scarce or less pure.

This is because AI’s powerful data centers tend to run extra hot, and many of them require a lot of ultrapure water to constantly chill them. Consequently, a data center’s success will likely depend as much on access to ample and clean water as on reliable power sources.

Rising Water Risk as a Market Disrupter

Data centers aren’t the only AI boom participants in search of water. Semiconductor manufacturers and utilities are also intensive water users and are likely to need even more of it (Display). US power generation—particularly coal and nuclear—accounts for about 70% of all freshwater withdrawals, though most is returned to its source after cooling.

Research we conducted with the Columbia Climate School shows that these three areas combined are expected to grow demand for clean water by 33% through 2030. Location can also add material risk, since many data centers are either situated in or planned for regions already stressed for water, our findings show.

We see a continued ramp-up in data center build-out, chip production and power generation in the near term. And water risk is emerging as a key constraint for these and other industries—potentially more disruptive than climate change itself. For instance, a Bloomberg study found that about $70 trillion in global GDP could be directly exposed to high water stress by 2050.

We’re already seeing companies change up their long-term playbooks due to near-term water concerns—Constellation Brands’ now-abandoned beer plant in Mexico and Google’s nixed plans for a data center in Chile, for example.

That’s why we believe water stewardship is integral to active investment selection. By the same token, company engagement is crucial to determining a business’s water-risk exposure and whether it’s helping to solve the problem for its own benefit and in some cases for others.

Assessing a Company’s Chill Factor

Many companies outside of the tech industry—whether household names or unfamiliar start-ups—are participating in the AI boom in some fashion. But we think progress will come more readily to innovators that share lasting solutions to AI’s biggest challenges, including water scarcity (Display).

We see a significant milestone in harnessing the ocean for cooling solutions. Though costlier than purifying water from municipal sources, desalinating seawater is very effective in semiconductor fabrication. The process uses either evaporation or membrane filters to remove minerals that harm equipment and microchips. Companies such as DuPont Water Solutions, LG Chem and Flowserve are among the key enablers in this growing market, which is expected to top $50 billion by 2032.

Direct-to-chip liquid cooling also has potential in a water-stressed world. This method places metal cooling plates in direct contact with processors to dissipate heat while low amounts of water carry the heat off through grooves. Asetek is one of the leading public companies in this space, which is currently dotted with private firms.

Yet another innovation is closed-cycle cooling, which is highly water efficient and environmentally friendly. The process lowers heat by circulating liquid coolant—mostly water—throughout a system that can range from evaporative towers to condensers. SPX Technologies stands out as a global pioneer in the public markets. However, numerous privately held companies are also leading advancement in this space, such as Kelvion and Hamon Group.

Global water scarcity isn’t a risk unique to AI, but the race for AI domination is increasingly revealing its hidden dangers and potential costs. And with so much of today’s market value tied to a handful of AI leaders, responsible investing requires recognizing water-risk exposure at every level—as well as the opportunities created by it.

The authors would like to thank Maxwell Lulavy, Responsible Investing Research Analyst at AB, for his significant contributions to the research behind this blog. 

The views expressed herein do not constitute research, investment advice or trade recommendations, do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.

References to specific securities discussed are for illustrative purposes only and should not to be considered recommendations by AllianceBernstein L.P. It should not be assumed that investments in the securities mentioned have necessarily been or will necessarily be profitable.

Learn more about AB’s approach to responsibility here.

EAGLE, Idaho, Dec. 2, 2025 /PRNewswire/ — When many physicians retire, they trade hospital shifts for the golf course. But Boise-area emergency room physician Dr. Stuart Clive is doing something far different. Beginning November 1, Dr. Clive will continue working for one more year – and donate his entire salary to the nonprofit Cure Blindness Project, an organization dedicated to ending preventable blindness around the world.

Having admired the Cure Blindness Project’s mission for years, Dr. Clive chose to direct his gift to the organization he felt could make the greatest impact. His gift arrives just ahead of the holiday season, serving as an inspiring example of generosity in action.

A Retirement with a Purpose
After discussing the decision with his wife and reflecting on his career, Dr. Clive committed to donating the upcoming year’s earnings directly to Cure Blindness Project’s sight-restoring work. Rather than teeing off into retirement, he’ll keep clocking in 24-hour ER shifts – but now with a deeper purpose: to help people see.

“I went into medicine with noble aspirations to do mission work, but didn’t have the right opportunities to pursue that,” says Dr. Clive. “Ultimately, I felt that I could make a broader and more lasting difference by using my skills here – and by donating my salary.”

The decision to work an extra year and postpone retirement involved many family talks, but ultimately the Clive family together felt it was the right choice.   

“I couldn’t do this without my wife’s sacrifice and 100% commitment to this cause,” he acknowledges.

Turning Compensation into Compassion
Dr. Clive’s extraordinary gift will help fund completion of the Eye Care Center of Excellence at the Cape Coast Teaching Hospital (CCTH) in Ghana. The new center will provide high-quality, affordable eye care, subsidize treatment for patients unable to pay, and train local ophthalmic professionals. The project is a collaboration among the Cure Blindness Project, USAID, The Robert M. Sinskey M.D. Foundation, and CCTH.

In Ghana alone, approximately 230,000 people are blind, many from treatable causes such as cataracts. The Eye Care Center of Excellence will be the only facility in the region to offer advanced diagnostic and surgical services for eye disease.

A Daily Reminder of Impact
Dr. Clive’s gift will not only provide the gap funding to complete the CCTH project, but with its opening, help thousands receive sight-restoring surgery. Throughout his shifts in Idaho, Dr. Clive is keeping Post-it notes as reminders – each representing a Ghanaian whose sight will be restored through his donation.

A Model for Meaningful Giving
“Dr. Clive’s generosity of spirit is inspiring,” says K-T Overbey, CEO of Cure Blindness Project. “For others who are moved by his kindness, I encourage you to pledge a day, a week, or a portion of your time or income to a cause you care about. Generosity is a wonderful legacy, especially during this season of giving. As Giving Tuesday is here, consider joining in this movement to make a difference.”

Get Involved
Learn more about the Cure Blindness Project and how you can help by donating your time or money at: www.cureblindness.org. This holiday season, join Dr. Clive in helping restore sight around the world.

About Cure Blindness Project 
Founded as Himalayan Cataract Project, Cure Blindness Project today celebrates 30 years of restoring sight. This singular mission expanded from its origins in Nepal to 30 countries with high-quality eye care, education, and world-class eye care infrastructure. Together with partners, Cure Blindness Project has provided over 1.84 million sight-restoring surgeries and provided screening and basic care to over 19.1 million people. Learn more at: www.cureblindness.org.

Media Contact
Phillip Sontag
405632@email4pr.com
917-446-4123

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SOURCE Cure Blindness Project

Called “the Pinterest of gift-giving,” GyftPro uses relationship-aware AI to help people discover thoughtful gift ideas and stay connected year-round.

PHOENIX, Dec. 2, 2025 /PRNewswire/ — GyftPro, the first AI-powered social gifting app, officially launches today with a mission to make gift-giving more thoughtful, more personal, and more connected. Positioned as “the Pinterest of gift-giving,” GyftPro helps people discover, save, and share meaningful gift ideas for every relationship — bringing intention back into a tradition that has too often become stressful and transactional.

 

GyftPro was born from a simple but widespread problem: people want to give meaningful gifts, but modern life makes it harder to be intentional. “Gift-giving is one of the oldest ways we show love, appreciation, and connection. But in today’s busy world, it’s also become one of the most stressful,” said Markus Gold, Founder & CEO of GyftPro. “We built GyftPro to bring intention back into gifting—using AI not to replace the human touch, but to strengthen it. Our vision is simple: every gift should feel personal, and every moment of giving should feel meaningful.”

Unlike traditional shopping apps, GyftPro is centered around relationships. Its relationship-aware AI analyzes the connection between people—family, friends, partners, coworkers—and blends interests, life events, and emotional context to recommend gifts that genuinely fit the recipient. Users can create wishlists, visually organize gift ideas, plan upcoming events, and collaborate on group gifts through built-in social features that make gifting a shared and connected experience.

GyftPro also includes a unique rewards system called GyftCoin, allowing users to earn points as they engage—adding friends, saving gifts, creating events, and more. Users can redeem GyftCoin for discounts or donate it to partnered charities, turning everyday gifting into a cycle of giving back. This social give-back layer reinforces GyftPro’s mission to make gifting not just easier, but more meaningful on a community level.

To support discovery, GyftPro integrates with top brands, e-commerce partners, and affiliate networks, offering a seamless experience from inspiration to purchase. Curated collections and AI-driven product recommendations mirror the familiar visual discovery flow of Pinterest, but with deeper personalization grounded in relationships rather than trends alone.

Launching just in time for the 2025 holiday season, GyftPro aims to redefine the gifting landscape by shifting the focus from last-minute shopping to deeper connection and intentional giving. The app is now available on both the App Store and Google Play.

About GyftPro

GyftPro is the first social gifting app designed to bring meaning back to gift-giving. Often described as “the Pinterest of gift-giving,” GyftPro blends relationship-aware AI, visual discovery, and collaborative tools to help people find, save, and share thoughtful gift ideas for every relationship. With curated shopping, personalized recommendations, and tools that make gifting a shared experience, GyftPro makes it easy to celebrate the people you care about—anytime, for any occasion.

GyftPro is headquartered in Phoenix, Arizona.

For media inquiries, please contact:

Markus Gold
(602) 767-2937
405256@email4pr.com
GyftPro, Inc.
Phoenix, AZ

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SOURCE GyftPro Inc.

With the refresh of Chemours’ Corporate Responsibility Commitment 2030 goals, we are sharpening our focus and helping to build a more circular economy by improving manufacturing processes that close the loop on water and waste as well as promoting product and packaging reuse and recycling. We have announced our new circularity aspiration: to decouple our growth from resource consumption and reduce waste by implementing circularity principles in our operations and with our partners. To ensure a positive circularity trajectory, we plan to announce specific targets and key performance indicators in future sustainability reporting.

Our circularity aspiration is part of our broader commitment to make the most of critical resources, prevent waste, take climate action, and support a thriving society. As our understanding of circularity, product carbon footprint, and lifecycle analysis matures, we expect to see intersections between our circularity and climate goals.

Throughout our operations, many existing processes and practices encompass the principles of circularity and enable the use of resources and materials. We support a circular economy through initiatives that advance safe, global recovery, reclamation, and reuse of our products, including refrigerants. This helps our customers contribute to circularity by extending the lifecycle of materials and feeding them back into the value chain, which saves resources, reduces waste, and creates value for the next generation.

Circular Water Processes

Freshwater systems are under pressure in many areas of the world due to increasing demand, ecosystem degradation, and climate change. This makes incorporating circular principles into water stewardship even more important. We manage water at the local level to best address watershed challenges, including water stress, and then tailor our actions to business and stakeholder needs.

We use the World Resources Institute Aqueduct (Version 4.0) screening model and the World Wildlife Fund Water Risk Filter (Version 5.0) screening tool to evaluate local watershed conditions for baseline water stress. Identifying opportunities to reuse and recycle water in operations is a continuing priority. For example, our mining and mineral separation operations in Florida and Georgia continuously reuse and recycle process water during extraction and separation of mineral sands and rehabilitation of the mined lands. At the Mission Mine in Georgia, our careful management allows extensive reuse of the water until it is returned to the surficial aquifer, with only about one-fifth of the water that was originally withdrawn requiring treatment and offsite discharge.

Material Efficiency and Waste Management

We are moving to better embrace circularity, aiming to maintain the highest utility and value of our assets and products while reducing operational waste. Improving material circularity will become a focal point to drive overall improvement in performance. This represents a fundamental shift in how we view and handle waste. Instead of seeing waste as a problem to be managed, this approach treats it as a valuable resource for creating new materials. This shift in thinking has led us to broaden our goal to achieve a 70% reduction in landfill intensity by 2030 to be more holistic in alignment with our new circular aspiration for materials.

We also continue to encourage everyone at Chemours to rethink and improve waste management strategies, including landfill related waste, to reduce our impact on communities and the environment. As an example, our volunteer Landfill Champions Network is helping promote and implement waste reduction and recycling initiatives by inspiring colleagues to adopt more sustainable behaviors and sharing best practices.

Reinforcing Chemours’ commitment to resource efficiency, our Thermal & Specialized Solutions business has created an international F-gas Lifecycle Program across the Americas, Asia, and Europe. The program aims to advance the global recovery, reclaim, and reuse of fluorinated gases (F-gases) safely across its low-GWP Opteon™ products, Freon™ refrigerants, and FM-200™ portfolios. Chemours continues to invest in and expand reclaim channels across regions. In a recent feasibility study, we also demonstrated a successful approach to recycling Nafion™ membranes for chlor-alkali production. The goal of the experiment was to extract impurities from the used membranes and reprocess the membrane to obtain a recycled film, with outstanding results.

Our product packaging has a direct impact on our customers’ waste, and we are working to help them reduce their waste footprints by researching and designing product packaging alternatives for recycling and reuse. We will continue to identify and refine opportunities and reporting capabilities. Examples of reusable packaging include railcars, tank and bulk trucks, ISO containers, Flo-Bins, and barges. Examples of recyclable packaging include static-dissipative; flexible, intermediate bulk containers; plastic drums and pails; and metal drums.

The Chemours Company is a global chemistry company with a vision to deliver Trusted Chemistry that makes people’s lives better and helps communities thrive. Read more actions taken toward circularity in Chemours’ latest Sustainability Report.

Mark Thorson began as an intern at Trane Technologies. Today, he’s a Data Platform Manager, leading a global team of experts to build smarter systems for customers. He and his team have powered over $1 million in fuel savings, streamlined product delivery and helped make the company’s data ecosystem faster, safer and more sustainable.

Building a career in data at Trane Technologies

In just over a decade, Mark Thorson went from college intern to leading a team of 15 people across North America and Asia Pacific. Their job? To develop systems that transform raw data into real-time feedback so customers can make better decisions about their equipment. “My team manages the data platform. That means, when all that data comes in, we manage where it’s stored, how it’s processed, and how we turn it into insights for our customers in the form of dashboards, predictive alerts or notifications showing whether their equipment is performing well or not.”

Mark attributes a lot of his team’s success to its structure, dynamism and vision, “We all work together to deliver our objectives. We have the same vision of where we need to go. It’s also a mix of various roles that give us a well-rounded team… from early talents to people that have been working for over 20 years.”

This well-rounded aspect isn’t unique to Mark’s team. In fact, he says it’s something that’s deliberately built into the company through investments in talent, like the Accelerated Development Program (ADP), an internal rotational experience designed to foster future leaders. Mark credits much of his success in the company to the program’s holistic structure. “In the ADP, they encourage you to jump around and try new roles… It helps build a really strong foundation.”

A culture of experimentation and growth

Mark believes this broad, supportive educational structure is what gives Trane Technologies teams the confidence to learn, experiment and grow. “They give you the freedom to experiment, encourage new ideas, and take calculated risks which keeps the team engaged and the work interesting. Also, if you’ve got a good idea and you’re willing to pitch, that’s encouraged.”

The culture of support and experimentation gave Mark the runway to contribute to one of the team’s greatest accomplishments: modernizing Trane Technologies’ analytics environment by transitioning it to Google Cloud. Mark led the DevOps workstream, working alongside colleagues responsible for the Platform and Data Engineering tracks. Together, their efforts used AI and DevOps best practices to dramatically increase deployment speed.

“After our large data migration, we 10x’d our deployment speed,” says Mark. “Now we’re doing about 200 deployments a month. A lot of it’s automated. Security scans automatically happen, and we use AI to help identify security vulnerabilities and it will automatically suggest a fix. It makes life significantly easier.”

Big data with even bigger impact

But for Mark, the true measure of success isn’t just in building smarter systems; it’s in the real-world impact those systems deliver. “When people think of Trane Technologies, they might picture HVAC equipment – not necessarily a data company,” he says. “But the reality is we’re pulling in billions of data points from our connected devices. In Thermo King alone, we’re collecting information from a quarter of a million assets every five minutes.”

That scale of data unlocks insights with massive potential. For one customer, Dot Transportation Inc., a simple change identified through the Thermo King Digital Analytics team’s dashboards translated into more than $1 million in annual fuel savings. That product, now a core feature of Thermo King’s TracKing Pro telematics, continues to deliver measurable impact for customers across the fleet industry. “That’s the kind of result that makes it exciting,” Mark explains.

Sustainability for people and the planet

Making a positive impact on the planet is something that lies at the core of Trane Technologies’ purpose to boldly challenge what’s possible for a sustainable world. But, for Mark, sustainability runs deeper than environmental outcomes.

This tangible impact on teams, customers and the environment is what keeps Mark passionate about his work and excited for the future of digital solutions at Trane Technologies. “The digital side at Trane Technologies is such a great opportunity. As data professionals, we get to experiment with cutting-edge technologies, from AI to advanced analytics, and apply them in ways that will power smarter, more sustainable systems tomorrow.”

Ready to build smarter, more sustainable systems alongside leaders like Mark?

Winning Five-Year Health Tender Reinforces Else’s Leadership in Hospital-Grade Infant Feeding Accessories

VANCOUVER, BC, Dec. 2, 2025 /PRNewswire/ – Else Nutrition Holdings Inc. (TSX: BABY) (OTC: BABYD) (“Else” or the “Company”), a global pioneer in whole-food, plant-based childhood nutrition for babies, toddlers, children and adults, today announced it has been re-awarded a five-year tender by Israel’s largest Health Fund for its baby feeding accessories line. The renewal ensures continued nationwide supply of sterile and non-sterile baby bottles and disposable nipples to hospitals and maternity wards across Israel.

The tender renewal eliminates potential revenue risk from Else’s Israeli business unit and secures a contract representing approximately 7% of the Company’s 2024 revenue. It also reinforces the Company’s long-standing leadership in hospital-grade infant feeding solutions.

“This renewal underscores the trust placed in Else’s quality, reliability, and standards of care,” said Hamutal Yitzhak, Co-Founder and CEO of Else Nutrition. “We are proud to continue serving Israeli hospitals and families at the earliest and most critical moments of life.”

Else’s baby feeding accessories are produced through established third-party manufacturing partners in Europe and Asia and supplied to institutional clients via independent logistics providers.

About Else Nutrition Holdings Inc.

Else Nutrition Holdings Inc. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) is a food and nutrition company in the international expansion stage focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy formula is a clean-ingredient alternative to dairy-based formulas. Since launching its Plant-Based Complete Nutrition for Toddlers, made of whole foods, almonds, buckwheat, and tapioca, the brand has received thousands of powerful testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth.

Awards and Recognition:

  • “2017 Best Health and Diet Solutions” award at Milan’s Global Food Innovation Summit
  • #1 Best Seller on Amazon in the Fall of 2020 in the New Baby & Toddler Formula Category
  • “Best Dairy Alternative” Award 2021 at World Plant-Based Expo
  • Nexty Award Finalist at Expo West 2022 in the Plant-Based lifestyle category
  • During September 2022, Else Super Cereal reached the #1 Best Seller in Baby Cereal across all brands on Amazon
  • In May 2024 Else Nutrition’s Ready-to-Drink Kids Vanilla Shake Named Among the Best in Family-Friendly Products by the Prestigious Mom’s Choice Awards®

TSX
Neither the TSX nor its regulation services provider (as that term is defined in the policies of the TSX) accept responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements
This press release contains statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “will” or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the company’s financial disclosure documents. Such forward-looking statements reflect current estimates, beliefs, and assumptions, which are based on management’s perception of current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that there will be no interruptions or supply chain failures as a result of COVID-19 and that the manufacturing, broker, and supply logistic agreement with the company does not terminate. Actual results may differ from the estimates, beliefs, and assumptions expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s expectations only as of the date of this press release. The company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

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SOURCE Else Nutrition Holdings Inc.

December 2, 2025 /3BL/ – My Green Lab, a global nonprofit dedicated to sustainability in science, today released its 2025 Carbon Impact of Biotech and Pharma Report in collaboration with Intercontinental Exchange (ICE). The report shows that the sector’s direct operations align with a 1.5-degree Celsius pathway, while supply chain emissions keep the total climate impact closer to 2 degrees and limit some of the progress made by the largest firms.

“Biotech and pharma companies are demonstrating that healthcare can expand while lowering the carbon footprint of their operations,” said James Connelly, CEO of My Green Lab. “Among the leaders in this report, we see operational emissions roughly aligned with a 1-degree Celsius pathway. Once supply chains are included, the sector still leans toward a near-2-degree Celsius rise. Most of the carbon remain in the value chain, and that is the part of the curve companies need to focus on next.”

The analysis uses ICE climate and financial data from 2019 to 2023 for 765 public companies and 290 private firms. These 1,055 companies together are responsible for an estimated 348 million metric tons of carbon dioxide equivalent in 2023 across Scopes 1 to 3, with about 224 million metric tons from public companies and 124 million metric tons from private firms. Scope 3 emissions account for approximately 75% of total emissions for public companies in the dataset and 88% for private companies, indicating that most of the sector’s climate impact comes from supply chains and other value-chain activities.

Key findings from the report include:

  1. The implied temperature increase for Scope 1 and 2 emissions is 1.04 degrees Celsius, aligning with a 1.5-degree pathway. When Scope 3 emissions are included, the implied temperature rises to 1.9 degrees, which is still above the level needed to meet Paris Agreement goals.
  2. Among the 146 companies with the highest-quality disclosures, 75.5% have set targets to reduce Scope 1 and 2 emissions. Within this group, 76 companies, or 52%, have medium-term Scope 1 and 2 targets for 2026 to 2035 that align with a 1.5-degree pathway. The report describes this as a tipping point for operational targets but notes that significantly fewer companies have Scope 3 targets with similar coverage and ambition.
  3. Since 2019, the 25 largest biotech and pharma companies by revenue have reduced emissions intensity for Scopes 1 and 2 by about 10%, and Scope 3 intensity by roughly 5%. Among the broader group of 243 other public companies, Scope 3 intensity has increased by 2% during the same period. For private companies, the top 25 have lowered Scope 3 emissions by approximately 3% over the past year, while the larger group of 290 private companies has seen a 6% rise in Scope 3 emissions.

“The analysis provides a forward-looking view of how transition risk is developing in this sector,” said Scott Weitze, VP of Research and Technical Standards at My Green Lab and a report co-author. “It shows clear progress on operational emissions at the top of the market and highlights areas where supply chain emissions and inconsistent disclosures still hinder the sector. That level of detail is what investors, regulators, and boards need to plan for the next decade.”

Despite existing gaps, the report shows that biotech and pharma remain among the most active sectors in the United Nations’ Race to Zero campaign. Currently, 42 major biotech, pharma, and medtech companies are members, up from 38 last year. Of these, 64% have launched a My Green Lab Certification program, and 63% of those programs operate globally. Leading companies including AstraZeneca, Biogen, and IQVIA have certified over 95% of their laboratories, meeting the sector’s Breakthrough Outcome goal and demonstrating that green lab practices can expand from pilots to entire portfolios.

About My Green Lab

My Green Lab® is a nonprofit environmental organization with a mission to build a global culture of sustainability in science. The organization is the world leader in developing internationally recognized sustainability standards for laboratories and laboratory products—bringing sustainability to the community responsible for the world’s life-changing medical and technical innovations. Laboratories are some of the most resource-intensive spaces in any industry, but they don’t have to be. By introducing a new perspective and proven best practices within a carefully crafted framework, My Green Lab has inspired tens of thousands of scientists and lab professionals to make positive changes in their labs by reducing the environmental impact of their work.

For media requests, contact Christina Creager at christina.creager@mygreenlab.org.

For more information about My Green Lab, visit mygreenlab.org.

AUSTIN, Texas and TOKYO, Dec. 2, 2025 /PRNewswire/ — According to DataM Intelligence, the Aluminum Recycling Market Size reached US$54.5 billion in 2023, with a rise to US$57.2 billion in 2024, and is expected to reach US$91.3 billion by 2032, growing at a CAGR of 6.2% during the forecast period 2025–2032.

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The aluminium recycling industry stands at an inflection point where technological innovation, policy acceleration, and market demand converge to reshape material flows globally. Recycling aluminium requires approximately 95% less energy compared to primary aluminium production a compelling economic proposition that translates directly into reduced operational costs and carbon footprints. This energy advantage has catalyzed significant capital deployment across recycling infrastructure, with industry leaders making substantial commitments to expand capacity and enhance technological capabilities.

Leading global players have demonstrated commitment through substantial capital investments. For instance, Novelis has invested approximately US$90 million to double recycling capacity for used beverage cans at its Latchford, UK facility, which will increase annual processing by 85 kilotonnes and reduce CO₂e emissions by more than 350,000 tonnes annually for Novelis Europe. The company achieved 63% recycled content in its rolled aluminium products in fiscal year 2024, recycling 2.3 million tonnes including 82 billion used beverage cans. Novelis has invested nearly US$2 billion in circular processes and partnerships since 2011, with facilities such as the Nachterstedt Aluminium Recycling Center processing up to 400,000 tonnes annually. Advanced sorting technology implemented at Nachterstedt in 2024 is expected to avoid approximately 8,500 tonnes of primary aluminium usage annually, preventing over 80,000 tonnes of CO₂ emissions.

Download PDF Brochure: https://www.datamintelligence.com/download-sample/aluminum-recycling-market 

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Increasing Aluminium Content in Vehicles Drives Demand for Recycled Metal

The automotive industry’s structural transformation toward electrification and efficiency optimization has positioned aluminium recycling as an indispensable supply chain component, driven by the relentless engineering imperative to reduce vehicle weight without compromising safety or performance characteristics.

Modern vehicles incorporate approximately 250-300 kilograms of aluminium per unit on average, representing a 75% increase from levels observed in 2010, with electric vehicles demanding even higher aluminium content often exceeding 400 kilograms per vehicle due to the critical need to offset battery weight and extend driving range. For instance, Ford Motor Company has committed to using a minimum of 20% recycled content across its aluminium-intensive F-150 production, translating to approximately 70,000 tons of secondary aluminium demand annually from this single model line, while the company invested US$700 million in its Kentucky Truck Plant partially to integrate closed-loop scrap recycling directly within manufacturing operations.

Moreover, aluminium use in Chinese-made vehicles is expected to rise from 180 kg in 2022 to 260 kg per unit by 2030, driven by government NEV subsidies that favor higher recycled material usage.

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Asia-Pacific Drives Global Aluminium Recycling Growth with Unmatched Scale and Sustainability

Asia-Pacific commands the aluminium recycling landscape with a commanding over 42% regional share, propelled by substantial secondary capacity expansions across China, India, Japan, and South Korea. China maintains dominance with approximately 48% market share in 2024, reinforced by plans to cap primary aluminium smelting capacity at 45 million tons by 2030 and recycle over 15 million tons of aluminium annually by 2027. China currently operates 14 million tonnes of recycling capacity, representing 30% of 2024 primary production, while accounting for 27.0% of the global metal recycling market revenue in 2024.

According to the International Aluminium Institute (IAI), aluminium is central to a sustainable future because of its unique combination of properties, including lightness, strength, durability, and recyclability. Rapid population and economic growth over the coming decade mean that global demand for aluminium will double through to 2050, and this will be met by 50% to 60% recycled metal. Producing aluminium from scrap requires only 5% of the energy needed for bauxite-based production, delivering over 16 tonnes of greenhouse gas emissions savings per tonne recycled.

Competitive Landscape and Strategic Initiatives

The global aluminum recycling market is characterized by robust competition among a mix of global metal giants and specialized recycling players. Key industry leaders include Novelis Inc., Norsk Hydro ASA, Constellium SE, ArcelorMittal S.A., UACJ Corporation, Real Alloy, Sigma Metals, Tri-Arrows Aluminium Inc., Matalco Inc., Aurubis AG, ELG Carbon Fibre Ltd., and Kuusakoski Group.

Key Competitive Strategies Observed in the Market Include:

  • Expanding geographical presence in high-growth regions such as Asia-Pacific, Latin America, and Eastern Europe to capitalize on rising demand from the automotive and packaging industries.
  • Providing customized alloy solutions and closed-loop recycling programs tailored to the specific needs of major clients in the automotive and aerospace sectors.
  • Commitment to environmental sustainability and circular economy principles, emphasizing the massive energy savings (up to 95%) and reduced carbon footprint of recycled aluminium compared to primary production.
  • Strategic mergers, acquisitions, and partnerships to secure scrap supply, enhance processing capabilities, and gain access to new technologies and end markets.
  • Continuous investment in advanced sorting and smelting technologies to improve material quality, increase recovery rates, and maintain a competitive edge in a cost-sensitive market.

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Why Choose This Global Aluminium Recycling Market Report

For investors, corporate strategists, policymakers, and industry participants, navigating the rapidly evolving global aluminium recycling market requires deep, actionable insights. This comprehensive report serves as a critical roadmap, offering:

  • Granular Market Intelligence: Detailed assessment of market size, growth forecasts driven by decarbonization trends and energy arbitrage, and a segment-by-segment analysis through 2032. This includes breakdowns by product type, source, and end-use sector, providing a complete view of the opportunity landscape.
  • Regulatory Intelligence: In-depth, actionable analysis of key global regulations, including carbon pricing mechanisms, evolving environmental compliance, circular economy mandates, extended producer responsibility (EPR) schemes for packaging and end-of-life vehicles, and international trade regulations affecting scrap material flows and recycled content standards.
  • Competitive Benchmarking: Thorough evaluation of business strategies, recycling capacities, technological capabilities, investment plans, and market share of leading integrated, major independent recyclers, and emerging regional players, enabling informed competitive positioning and partnership strategies.
  • Investment and Opportunity Mapping: Identification of high-growth applications and emerging profit pools in automotive, packaging, building & construction, and consumer durables, as well as granular insights on high-growth regional markets across North America, Europe, and the Asia-Pacific, with a specific focus on China’s policy-driven demand.
  • Supply Chain Strategy: Critical analysis of cost structures, feedstock availability and quality, key bottlenecks in collection and sorting infrastructure, supply dependencies, and optimization opportunities across the value chain from scrap collection and sorting to decoating, melting, alloying, and downstream logistics.
  • Expert, Forward-Looking Insights: Strategic recommendations and insights derived from industry specialists with deep expertise in primary and secondary aluminium markets, commodity trends, international regulatory frameworks, and supply chain dynamics, designed to inform high-stakes investment, capacity expansion, M&A, and corporate sustainability decisions.

Buy This Report with Year-End Offer (Buy 1 report: Get 30% OFF | Buy 2 reports: Get The Future of Aluminum Recycling – What will Shape the Industry by 2032

The next decade will redefine the aluminum recycling industry through:

  • Hydrogen-powered remelting furnaces reducing carbon emissions by >95%
  • AI-guided scrap sorting systems increasing recovery efficiency by 50–60%
  • OEM mandates requiring 60–70% recycled aluminum in EVs
  • Closed-loop manufacturing systems between automakers & recyclers
  • Premium recycled alloys replacing primary aluminum in high-strength applications
  • New EPR (Extended Producer Responsibility) laws boosting municipal scrap supply
  • Global shift toward low-carbon smelting certificates influencing procurement decisions

Related Report:

1.  Aluminium Market Size to Rise from US$231.82 B in 2024 to US$401.60 B by 2032 – CAGR 7.1%.

2.  Aluminium Scrap Market Size to Jump from US$110.35 B in 2024 to US$160.00 B by 2032 – CAGR 4.8%.

3.  Aluminium Foil Market Size to Grow from US$28.9 B in 2024 to US$45.7 B by 2033 – CAGR 5.1%.

4.  Aluminium Aerosol Cans Market Size to Grow at 6.0% CAGR Through 2029 – Driving Sustainable Packaging Boom.

5.  Aluminium Extrusion Market Size to Rise from US$91.4 B in 2024 to US$146.8 B by 2030 – CAGR 8.4%.

6.  High-Strength Aluminium Alloys Market Share to Grow at 7.9% CAGR Through 2031 – Fuelled by Aerospace & Automotive Demand.

About DataM Intelligence

DataM Intelligence is a renowned provider of market research, delivering deep insights through pricing analysis, market share breakdowns, and competitive intelligence. The company specializes in strategic reports that guide businesses in high-growth sectors such as nutraceuticals and AI-driven health innovations.

To find out more, visit https://www.datamintelligence.com/ or follow us on Twitter, LinkedIn, and Facebook.

Contact:
Sai Kiran
DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park, Industrial Development Area
Uppal, Hyderabad, Telangana 500039
USA: +1 877-441-4866
Email: Sai.k@datamintelligence.com 

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SOURCE DataM Intelligence 4 Market Research LLP

Pioneering Carbon Nanotube (CNT) Technology Achieves Stronger, More Sustainable Concrete at Scale

CANTON, Mass. and NORMAN, Okla., Dec. 2, 2025 /PRNewswire/ — Chasm Advanced Materials, Inc. (CHASM), a U.S.-based leader in carbon nanotube (CNT) innovation and manufacturing, and the Cleveland County Economic Development Coalition (CCEDC) announced today that CHASM has successfully completed a green concrete pour demonstration, showcasing a major advancement in scalable, low-carbon concrete solutions that deliver high performance without the “green premium.”

 

While the demonstration was co-designed by Terracon and CHASM and conducted by Andale Construction at the site of Air Capitol Materials in Wichita, Kansas, it marks a major milestone in advancing CHASM’s CNT technology toward broader validation and commercialization in green concrete and serves as a cornerstone in Cleveland County’s rise as a center for innovation and advanced materials.

CHASM’s patented NTeC® technology enables CNTs to be integrated into cement using its innovative dry dispersion process, overcoming traditional barriers of cost and scalability while maintaining concrete workability and improving mechanical performance. The Kansas field test confirms that NTeC®-C CNT-enhanced concrete pours exceptionally well at scale and is expected to demonstrate long-term durability under heavy loads and harsh weather conditions.

CHASM’s $24 million expansion in Cleveland County establishes a state-of-the-art CNT and catalyst production facility that will house two of the world’s largest CNT reactors, each with a 1,500 metric ton annual capacity. Supported by a $5 million construction loan facilitated through CCEDC, the project will create 84 high-skilled jobs and further strengthen the region’s leadership in sustainable manufacturing.

“CHASM is proud to deepen its roots in Norman and advance Oklahoma’s legacy of materials innovation,” said David Arthur, CEO and Co-founder of CHASM. “Our technology began with university research in Norman and has evolved into scalable, real-world solutions that are making infrastructure greener, stronger, and more sustainable around the world.”

CHASM’s technology has deep ties to the University of Oklahoma (OU), where pioneering CNT research and patents laid the foundation for today’s breakthrough. Building on the legacy of OU spin-out SouthWest NanoTechnologies (SWeNT)—now part of CHASM—the company’s Norman operations keep talent, IP, and technical know-how in Oklahoma while expanding into global markets. Royalties continue to flow back to OU, reinforcing the state’s role as a bridge between research and industry.

As CHASM expands its Norman facility and builds its new demonstration plant, the company’s forward strategy is clear: a technology licensing business model that will enable many plants around the world to globalize this game-changing CNT technology—bringing sustainable innovation from Norman to the world.

“What CHASM produces, and is demonstrating with this concrete pour, is just the beginning of what I believe will become a worldwide disruptor in multiple industries. Their local manufacturing plant is ground zero for carbon nanotube innovation and will bring dozens of industries to Oklahoma to see in person, which provides me a pipeline of other companies to recruit here, ” said Lawrence McKinney, President and CEO of the Cleveland County Economic Development Coalition. 

By enabling greater use of greener, lower-cost supplementary cementitious materials (SCMs) such as fly ash, volcanic ash, calcined clay, slag and limestone, NTeC®-C delivers true sustainability without the green premium—reducing both carbon emissions and material costs while driving economic growth locally and globally.

About CHASM

CHASM’s mission is to develop and manufacture advanced carbon nano materials, leveraging its innovative product platforms to create a safer, more connected and sustainable world. The company’s patented nanotube manufacturing platform combined with its unique ability to integrate CNTs into product solutions is unleashing the power of nanotechnology. CHASM’s technology licensing model enables global deployment of this game-changing CNT technology across multiple production sites worldwide.

Innovations powered by CHASM include universal transparent heaters for safer driving and a broad range of non-automotive applications, transparent antennas for smarter cities, conductive additives for EV batteries, and cement additives for greener (lower carbon footprint) concrete. 

CHASM is building the world’s largest multiwall CNT reactor (1,500 metric tons annual capacity) in Norman, Oklahoma, to produce NTeC® products to support battery and cement applications.

AgeNT, NTeC, CHASM, and the CHASM logo are trademarks of Chasm Advanced Materials, Inc.

Learn more at [CHASMtek.com].

About the Cleveland County Economic Development Coalition (CCEDC)

CCEDC is a private-sector-led coalition advancing entrepreneurship, innovation, talent, and quality of life across Cleveland County, Oklahoma—turning research and grit into jobs, capital investment, and national headlines.

Learn more at SelectClevelandCounty.com.

Media Contact:

Ina Jiang, VP Marketing
Marketing@chasmtek.com

Investor Contacts:

David Arthur, Chief Executive Officer
darthur@chasmtek.com
+1 781 801 8863 (mobile)

David Rainey, Chief Financial Officer
drainey@chasmtek.com
+1 781 989 1411

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SOURCE CHASM Advanced Materials

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