G&A recently issued the 14th edition of our annual research report on sustainability reporting trends among the largest U.S. public companies. In our Top Story this issue, G&A’s 2025 Sustainability Reporting in Focus provides detailed data and findings confirming that companies in the S&P 500 Index and the Russell 1000 index have adopted sustainability reporting as a best practice. Key takeaways from the report include:

  • A record 94% of Russell 1000 companies, making up approximately 93% of all U.S. equity market capitalization, reported on sustainability in 2024, up from 93% in 2023. This represents a significant increase from 34% reporting in the 2018 publishing year, when G&A issued our first research on the full Russell 1000.
  • The larger half by market cap of the Russell 1000 (i.e., the S&P 500) are nearing 100% reporters with a record 99% reporting on sustainability in 2024, compared to 98.6% in 2023. This compares with just 20% reporting when G&A published our first annual research on trends in the 2011 publishing year.
  • The gap between the larger half of the Russell 1000 and the smaller half by market cap (mid-cap companies with approximately $2 billion-$4 billion in market cap) continued to narrow, reaching 90% compared to 87% in 2023.

G&A’s co-founders commented on the reasons behind the increased adoption of sustainability reporting as a best practice for the largest U.S. companies. Louis Coppola, G&A’s Chief Executive Officer, said, “Our Trends research over the past 14 years demonstrates how U.S. companies adopted sustainability reporting as a best practice because stakeholders demanded it, not because regulators required it. While policies may shift in Washington or Brussels, the fundamental reasons for sustainability reporting do not change: the reporting process helps leaders sharpen strategy, strengthen resilience, understand risk, allocate capital, create value and build trust.”

Hank Boerner, G&A’s Chairman and Chief Strategist, said, “At the heart of sustainability disclosure is a better understanding of risk and reward – something investors and stakeholders deeply appreciate. Despite the anti-ESG pushback in some quarters, Corporate America continues to innovate and push forward with more detailed and informative reporting on a widening range of topics. Companies on the leading edge of this trend are well positioned for upcoming shifts from voluntary to mandatory sustainability reporting in a growing number of jurisdictions.”

G&A’s 2025 Sustainability Reporting in Focus report provides analysis of corporate report content including reporting frameworks and standards used – such as GRI, SASB, and TCFD. SASB continued to be the most widely used sustainability standard in 2024, with 82% of Russell 1000 reporters aligning with SASB, compared with 55% aligning with GRI. up from 78% in 2022. TCFD reporting continued to increase, with 65% of Russell 1000 reporters aligning with TCFD in 2024, compared to 60% in 2023.

Our research also examines alignment with initiatives such as the UN Sustainable Development Goals (SDGs), trends in external assurance, and CDP reporting. For the first time, we began tracking alignment with new reporting initiatives: the International Financial Reporting Standards (IFRS) Sustainability Standards, the European Sustainability Reporting Standards (ESRS), and the Task Force for Nature-related Disclosures (TNFD). The report also includes sector-specific analysis of reporting trends within all 11 sectors of the Global Industry Classification Standard (GICS®).

As always, the G&A team is available to discuss our research and stands ready to help your company navigate the shifting to provide counsel to help your company prepare for upcoming shifts from voluntary to mandatory sustainability reporting in a growing number of jurisdictions. Reach out to us at: info@ga-institute.com.

This is just the introduction of G&A’s Sustainability Highlights newsletter this week. Click here to view the full issue

The landscape of the energy industry is rapidly evolving and so are the expectations placed on pipeline operators. Communities, regulators, and investors alike are demanding more than technical excellence; they want transparency, inclusion, and a visible commitment to developing public trust. In this context, effective public engagement has become a strategic imperative rather than a communications afterthought.

To help companies meet these expectations, the American Petroleum Institute (API) has introduced API Recommended Practice (RP) 1185: Pipeline Public Engagement. This recommended practice offers practical guidance for how pipeline operators can foster meaningful relationships with local officials, landowners, tribal governments, environmental organizations, and other stakeholders. It complements and enhances the safety-focused API RP 1173 by addressing the human side of infrastructure development.

For organizations looking to implement RP 1185, the biggest question is often: Where do we begin and how do we prioritize our efforts? Below, we break down the fundamentals of RP 1185, offer a clear starting point for implementation, and share how Antea Group can be your trusted partner in the process.

Demystifying RP 1185: What It Really Means

At its core, API RP 1185 is about integrating public engagement into the fabric of your pipeline operations. It encourages proactive, transparent, and inclusive communication with stakeholders before, during, and after project execution. The recommended practice is flexible, scalable, and designed to meet the unique needs of companies operating in diverse regulatory environments and community contexts.

The emphasis is on relationship-building. That means not just providing information, but listening, responding, and building mutual understanding. Successful implementation of RP 1185 is recognized to enhance safety outcomes, mitigate reputational risk, and reinforce the social license to operate.

How to Get Started: A Strategic Path Forward

Similar to API RP 1173, launching a successful RP 1185 program begins with internal alignment. Senior leadership must treat public engagement as a strategic priority, not just a compliance task. Establishing a cross-functional implementation team typically composed of representatives from EHS, Public Affairs, Legal, and Operations can help ensure consistent messaging and unified action across the organization.

From there, the next critical step is identifying your stakeholders. While it’s easy to focus on regulatory agencies and landowners, an effective approach will also consider local emergency responders, community advocates, environmental NGOs, internal employees, tribal representatives, and even local media. Understanding who your stakeholders are, what they care about, and how they prefer to communicate allows you to tailor your engagement efforts for greater effectiveness.

Once stakeholders are identified, it’s important to conduct a baseline assessment. What public engagement activities is your organization already participating in? Where are the strengths? Where are the gaps when compared to the principles of RP 1185? This is where Antea Group can add significant value with our EHS consultants performing a detailed gap analysis and coming alongside our clients to generate a roadmap for improvement.

The insights gained during this assessment phase feed directly into the development of a tailored engagement strategy. This strategy should be rooted in clear, measurable goals. Are you seeking to increase community understanding of pipeline safety? Reduce local opposition to a new project? Establish long-term partnerships with Indigenous communities? Whatever the aim, your strategy should also include key messaging themes, selected communication channels, and well-defined feedback mechanisms to ensure dialogue is a two-way street.

Prioritization is essential, especially when resources are limited. Start by focusing on areas with the highest potential impact, communities near new construction, densely populated regions, environmentally sensitive zones, or locations with a history of public concern. While it’s important to capture early wins through high-visibility efforts, it’s equally vital to plan for long-term, sustained engagement.

Implementation requires more than a written plan. Staff at all levels, especially those with community-facing roles, should be trained on the critical RP 1185 principles, effective communication techniques, and cultural competency. This will ensure that your team speaks with one voice, builds trust through consistency, and knows how to respond when tensions or concerns arise.

Finally, like any good management system, public engagement should be tracked and continuously improved. Organizations must establish ways to monitor progress, capture stakeholder feedback, and adjust their strategies based on what they learn. Metrics might include public sentiment, the number of resolved community concerns, attendance at engagement events, or the frequency of two-way communications. This iterative approach mirrors the continuous improvement cycle emphasized within RP 1173, reinforcing the alignment between safety and public trust.

Why This Matters: The Value of Getting Engagement Right

A well-executed public engagement strategy offers substantial benefits including strengthening relationships within communities, reducing project delays and most importantly building long-term trust that translates into safer operations and stronger reputations.

Public engagement done right is a risk management tool, a reputation builder, and catalyst for operational success. It allows operators to proactively address issues before they escalate, transforming potential conflict into collaboration.

Partnering with Antea Group for Public Engagement Success

At Antea Group, we understand the strategic importance of stakeholder trust. Our team has deep expertise in developing public engagement programs that align with RP 1185 while supporting broader corporate responsibility goals.

We offer services that span the full implementation lifecycle from stakeholder identification and engagement planning to training, reporting, and performance monitoring. Whether you’re launching your first engagement initiative or looking to enhance an existing program, we help you set meaningful goals, communicate effectively, and demonstrate impact to both communities and investors.

Final Thoughts

API RP 1185 is not just another guideline, it’s a forward-looking framework for building trust, fostering collaboration, and driving safer, more successful pipeline operations. In an era of increasing scrutiny and stakeholder activism, companies that engage thoughtfully and transparently will be better positioned to succeed.

If you’re ready to build stronger relationships and proactively manage stakeholder expectations, Antea Group is here to help.

Learn more

RALEIGH, N.C., Oct. 24, 2025 /PRNewswire/ — UtilityInnovation Group (UIG) is pleased to announce the acquisition of an infrastructure delivery enterprise that enhances its ability to serve utilities and mission critical power users across North America.

This acquisition strengthens UIG’s delivery of innovative, resilient power solutions to its growing customer base. While UIG’s growth has primarily been driven organically, the company also pursues strategic acquisitions that bring complementary expertise, key talent, and valuable market presence in high-growth areas.

“This acquisition represents another important step in UtilityInnovation Group’s growth strategy,” said Sidney Hinton, Founder and CEO of UIG. “By adding proven capabilities and experienced professionals to our organization, we’re deepening the value we deliver to our customers across North America and Europe.”

About UtilityInnovation Group
UtilityInnovation Group (UIG) is a global leader in advanced energy controls, resilient infrastructure engineering, and solutions platforms. UIG specializes in transforming complex power hardware into intelligent, adaptable systems capable of meeting the demands of AI data centers, microgrids, and other critical infrastructure. With a proven record of large-scale deployments worldwide, UIG’s technology ensures both reliability and continuous adaptability in the face of evolving energy challenges.

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SOURCE UtilityInnovation Group

DALLAS, October 24, 2025 /3BL/ – Fresh off the grand opening of its Las Colinas corporate campus, Wells Fargo is deepening its commitment to the Dallas-Fort Worth region with a $6.8 million philanthropic investment in South Dallas focused on neighborhood revitalization and economic growth.

Led by Cornerstone CDC, Forest Forward, and St. Philip’s School & Community Center, community organizations will use the funding from Wells Fargo for small business development, affordable housing, job creation, and commercial property rehabilitation, including restoration of the historic Forest Theater.

“At Wells Fargo, we’re committed to driving meaningful growth for our customers and employees but also for the communities we serve,” said Darlene Goins, head of Philanthropy and Community Impact for Wells Fargo. “Our philanthropic investment in South Dallas is part of a broader effort to support economic mobility and strengthen communities. By working alongside nonprofits, we can help accelerate financial opportunities for people and businesses.”

“Dallas is a city of genuine opportunity for everyone, and that opportunity is driven by entrepreneurship, innovation, and strong public-private partnerships,” said Dallas Mayor Eric L. Johnson. “I am sincerely grateful to Wells Fargo and its leadership for their commitment to investing in Dallas communities, empowering trusted local nonprofits, and providing resources small businesses need to succeed. With Wells Fargo’s support, the incredible transformation underway in South Dallas and the Forest District will continue.”

In South Dallas, the $6.8 million in grant funding from Wells Fargo & Company and the Wells Fargo Foundation will foster collaboration among seven nonprofits in three key areas:

Small Business Growth

  • Forest Forward is revitalizing the 75215 zip code through a holistic approach of education, housing, and community development. Anchored by the restoration and expansion of the historic Forest Theater, it is creating a cultural hub to drive equitable development and economic mobility for South Dallas.
  • PeopleFund is expanding access to capital for entrepreneurs through loan capital, micro-grants, and technical assistance. Its Small Business Accelerator program strengthens business acumen and supports business ownership.
  • St. Philip’s School & Community Center is transforming MLK Jr. Blvd. with commercial property rehabilitation to attract restaurants, services, and other retail. Funding will also help launch Texas’ first Community Investment Trust to foster local commercial real estate ownership.

Housing Access

  • Cornerstone Community Development Corporation is scaling operations and developing affordable homes in South Dallas, including apartment complexes in the Forest District, while cultivating resident-led housing services.
  • Innovan Neighborhoods & BCL of Texas will support community-oriented developers through the Community Developers Roundtable with equity financing and capacity building through a fund to increase affordable housing and real estate development.

Workforce Development

  • Empowering the Masses is delivering workforce training and expanding phlebotomy, community health worker, and EKG technician certification programs to help keep up with demand for health care workers within Dallas’ major healthcare system and the region. A new Economic Empowerment Center will also support digital skills and career advancement.

Wells Fargo’s commitment to the Dallas-Fort Worth area and Texas

The grant announcement builds on Wells Fargo’s broader investment in the Dallas metroplex and the region. Yesterday, the company opened a new corporate campus in Irving, marking a milestone that underscores the company’s long-term commitment to the economic growth of the Dallas-Fort Worth area and the state of Texas. In addition, since 2020, Wells Fargo & Company and the Wells Fargo Foundation philanthropic giving totaled roughly $90 million in Texas, and employees have volunteered more than 235,000 hours in local communities.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.0 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

Contact Information

Media
Kim Erlichson
Kim.erlichson@wellsfargo.com

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Taco Bell

“If our restaurant teams are working so hard for us, why shouldn’t we work hard for them?”

Alan L., field training and development manager for franchise organization GF Enterprise, recently shared his experience with Tacos & Tuition (available for company-owned restaurants and select Franchises) and the value this benefit brings to quick-service restaurant teams.

“Tacos and Tuition is a program that allows us to showcase support for our teams and their growth. This is our way of giving back to the community of restaurant teams that create great experiences for our fans every day with an amazing opportunity. As a franchise organization in the quick-service industry, providing opportunities for people to grow their skills and follow their passions is important to us.”

Since opting in for Tacos & Tuition at the beginning of the year, GF Enterprises has found ways to use the program to improve all areas of the business.

“We have several people that speak little-to-no English, and vice versa with Spanish. So, when we opted in for Tacos and Tuition, we made sure to communicate that these types of classes were available to take. If our one-of-a-kind talent wants to enroll in these classes, not only will it help them on the job, but truly translate into their personal lives, allowing them to make use of what they’ve learned at grocery stores, doctor’s appointments or even their kid’s back-to-school night. It’s a win for them and us, as it provides opportunities to build our talent pipeline, but also opens up doors for our teams.”

From Alan’s experience visiting restaurants and talking to field teams, he has witnessed the impact first-hand.

“As soon as we got set up with Tacos & Tuition, we had an Area Director identify the opportunities for growth and immediately signed up for classes. Being on the outside looking in, I can see significant improvements in her ability to do her job. Her restaurants function extremely well and she is more energized in her role. To me, that’s all the proof I need for me to say this works.”

In other moments, Alan has noticed a change in team culture and performance in the restaurants.

“When it comes to skills such as conflict management or time management in the workplace, we’re giving our employees the resources to take courses (that are a few hours long) to better equip them to deal with these issues. This allows individuals to become better leaders and develop skills that ultimately benefit them in and out of the workplace.”

So, what makes Tacos & Tuition different from other training or tuition assistance programs? For teams that Alan has talked to, it’s about flexibility.

“The flexibility of the program removes some of the pressure and burden for employees who are raising families, working as many hours as they can. There are so many options – everything from certificates to trade programs and full degrees, that allows our talent to craft an education journey for themselves.”

Overall, Tacos & Tuition is a worthwhile investment for their restaurant teams and the business, which makes the reward mutually impactful.

“You don’t have to have 50 people sign up to measure success. You just need 2-3 people who are willing to learn, then pass it forward to others until a larger group of learners are formed. In the end, there would be nothing better than to run into someone that worked for you and have them share how our organization is the reason why they are where they are today. The impact is huge and will carry true change over time, but it’s just about getting started.”

This week KeyBank held a grand opening and ribbon cutting for its new, full-service, state-of-the-art branch in Akron. The new Downtown Akron branch is located at 379 S. Main St. and several leaders from KeyBank and Akron attended the celebration.

“On behalf of everyone at Key, I want to share how excited we are about the opportunity this new branch provides for us to become a pillar of downtown Akron, deepening relationships within the region,” said Joe Daledian, KeyBank East Ohio Market President. “We look forward to working more closely with our neighbors, clients and community partners.”

As part of the opening of this new branch, KeyBank closed its original Downtown Akron branch located at 219 S. Main St.

Our clients will benefit from the new, superior location in many ways:

• It’s convenient, in the heart of a vibrant area

• It’s highly visible and accessible at a major intersection

• The new branch will have private offices, an after-hours depository, and plenty of free parking

• This new location is ADA compliant, improving accessibility for both current and new clients

During the grand opening the KeyBank Foundation donated $10,000 to Fathers & Sons of Northeast Ohio. This grant will support the organization’s mission to help low-income fathers reconnect with their children by funding fatherhood training programs, vocational education and supportive services. These initiatives empower fathers to become responsible leaders in their families and communities, while also helping them overcome barriers to employment, housing and parental involvement.

In addition to helping individuals and families achieve their financial goals, the new Akron branch is also serving clients seeking to develop and grow businesses in the area.

Clients do not need to take any action as all accounts will be transferred automatically to the new location. They can continue to bank at any KeyBank location they choose.

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 $187 billion at September 30, 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.

CFMA# 251014-3619128

When DP World established the Jebel Ali Free Zone (JAFZA) in 1985, few could have imagined it would become a global model for how logistics ecosystems can fuel sustainable, inclusive growth. Four decades later, JAFZA stands as one of the world’s leading free zones – supporting 160,000 jobs, generating AED 5.6 billion in foreign direct investment (FDI), and accounting for 74% of Dubai’s total FDI inflow in 2023.

JAFZA’s success rests on a simple premise: when trade flows efficiently, economies grow inclusively. By combining seamless logistics infrastructure with smart policy incentives, JAFZA has created an environment where more than 11,000 businesses – including 500 Fortune 100 firms – can thrive. JAFZA recently marked its 40th anniversary with record-breaking trade volumes of $190 billion, representing a 15% year-on-year increase.

But JAFZA is more than a hub of commerce; it is a living example of how long-term thinking, digital innovation, and sustainability can transform a port community into a global growth engine. Its scalable facilities, digitalized customs systems, and environmental management initiatives demonstrate how economic zones can deliver shared prosperity while reducing environmental impact.

JAFZA: A Model for Sustainable Trade and Economic Growth

What makes JAFZA’s model so powerful is its integrated design – one that unites terminals, logistics parks, and multimodal transport under a single operational ecosystem. This integration doesn’t just increase efficiency; it reduces emissions, streamlines compliance, and enhances supply chain transparency.

JAFZA’s success has inspired similar models worldwide. From its digital trade platforms to its sustainability-driven infrastructure investments, the free zone’s influence extends well beyond Dubai, shaping how global logistics hubs are conceived and built.

Adapting the Blueprint to the Americas: The Dominican Republic SEZ

Today, JAFZA’s blueprint is being replicated across DP World’s global network – from Berbera in Somaliland to Sokhna in Egypt – and now, across the Americas through a new generation of ESG-driven Special Economic Zones (SEZs).

A standout example is DP World’s $760 million expansion of its SEZ in the Dominican Republic – a project that integrates port operations, logistics parks, and industrial clusters into a single sustainable ecosystem. The Caucedo SEZ is designed not only to increase container handling capacity from 2.5 million to 3.1 million TEUs but also to create 225 hectares of low-carbon industrial development.

This development reflects the same principles that made JAFZA a success:

  • Sustainability first. The Dominican SEZ operates with 100 percent electric cargo-handling equipment and a 2 MW solar network to minimize emissions.
  • People at the center. Through the DP World Academy, the project offers STEM training and management certifications for local workers, creating a pipeline for high-skill careers in logistics and manufacturing.
  • Trade resilience. With direct links to Miami and New York within five days, the SEZ provides nearshoring solutions that strengthen regional supply chains while reducing carbon miles for manufacturers.

ESG Integration as a Driver of Regional Competitiveness

Both JAFZA and Caucedo demonstrate how trade infrastructure, when designed through an ESG lens, can become a powerful engine for sustainable competitiveness. DP World’s approach – combining digital transformation with renewable energy, workforce development, and circular economy practices – sets a new global benchmark for integrated economic zones.

These ecosystems are more than physical spaces; they are innovation platforms that connect investors, small businesses, and communities, unlocking long-term opportunities while protecting natural resources.

From Ports to People: Creating Inclusive Economic Impact

Across both Dubai and the Dominican Republic, DP World’s economic zones demonstrate how trade can be a force for good. Each investment prioritizes local employment, environmental protection, and digital transformation to build economies that are resilient and future-ready.

From JAFZA’s early focus on streamlined customs and renewable-energy compliance to Caucedo’s all-electric operations and training programs for underrepresented groups, these initiatives prove that economic zones can do more than facilitate trade – they can transform lives.

As global supply chains shift toward regional models, DP World’s experience across continents offers a clear lesson: sustainable growth comes from integrating infrastructure with innovation and inclusion. Whether in Dubai or the Dominican Republic, DP World’s vision remains the same: building the next generation of trade ecosystems that connect markets, empower communities, and protect the planet.

Learn More

DP World’s is driving measurable progress across six continents – from decarbonizing port operations to empowering local communities.

Discover how DP World is redefining sustainable global trade.

ORLANDO, Fl., October 24, 2025 /3BL/ – Habitat for Humanity Greater Orlando & Osceola County is proud to continue its partnership with Wesco to help build and preserve affordable housing in Central Florida.

Wesco, a leading global supply chain solutions provider with a distribution center, warehouses and sales offices in Orlando, generously supports Habitat Orlando & Osceola’s Habitat Inspects Program, which provides free four-point and wind mitigation inspections to qualified homeowners. In the first two years, this program collectively saved participants $200,000 on annual home insurance premiums. Individual savings averaged $900 per year.

“At Habitat Orlando & Osceola, we know that we can’t build our way out of the current housing crisis happening in Central Florida. We have found ways to help existing homeowners preserve and remain in their already affordable homes,” said Habitat Orlando & Osceola President & CEO Catherine Steck McManus. “We’re proud to partner with Wesco to help offer home preservation services in our community.”

“It’s great to see our Wesco employees lending their time and talents to help maintain affordable housing in our communities. Repairs and preventative maintenance programs are essential to home stability and security. We are proud to continue to support Habitat for Humanity Greater Orlando & Osceola County,” said Chris Wolf, Wesco Chief Human Resources Officer and executive sponsor for Wesco Cares.

Wesco is also proud to support Habitat Orlando & Osceola’s mission on the build site. Last week, a group of 10 volunteers helped lay sod outside of a brand-new Habitat home in Orange County’s Holden Heights neighborhood. When complete, the home will be sold with an affordable mortgage to a local family.

For high-res photos of the event, click here.

About Habitat for Humanity Greater Orlando & Osceola County 

Habitat for Humanity Greater Orlando & Osceola County is driven by a vision where everyone has an affordable place to call home, a stable foundation that fosters health, opportunity, and progress for all. Habitat Orlando & Osceola pioneers innovative housing solutions, empowers individuals through knowledge, and transforms communities by addressing the root causes of the housing crisis. Founded in 1986, Habitat Orlando & Osceola has built, rehabbed or repaired over 900 homes throughout Central Florida. Through home builds, repairs, housing counseling, financial education classes, and other programming, Habitat Orlando & Osceola serves more than 2,000 people each year. The nonprofit has achieved recognition as one of the 40 “top producers” out of over 1,100 Habitat for Humanity International affiliates working in communities throughout the United States and in more than 70 countries. To learn more, visit HabitatOrlando.org.

About Wesco International

Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with approximately $22 billion in annual sales in 2024 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry’s premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

CHANGSHA, China, Oct. 24, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”, 1157.HK) marked the rollout of its 5,000th power battery pack in Changsha, where it also unveiled a new portfolio of core new energy components, reinforcing its commitment to green innovation and the electrification of high-end equipment.

The 5,000th unit highlights Zoomlion’s advancement in building a clean energy ecosystem that integrates core components, system development, and real-world applications. The proprietary battery management system enables precise cell monitoring and intelligent charge/discharge control, maintaining stable performance under extreme weather conditions. With enhanced safety, integration, lifespan, and compatibility, these battery packs are now widely deployed in cranes, concrete equipment, and agricultural machines.

“Our power battery packs are built for reliability and versatility, with a cycle life that is 20% longer than comparable products,” said Lin Yong, General Manager of Zoomlion New Energy Technology Development Co., Ltd. “They have been successfully implemented in new energy buses and construction machinery, and the feedback has been overwhelmingly positive.”

In addition to the battery milestone, Zoomlion also introduced a new matrix of key new energy components, spanning lithium power, electric drive systems, and hydrogen energy. This launch reflects the company’s “full-stack innovation, full-scenario compatibility” strategy.

In lithium battery solutions, Zoomlion launched three major series: the “Xiaoyun” hybrid-agriculture pack with full spectrum compatibility and -40°C to 60°C temperature range; the “Standard Box” series supporting 140–800kWh flexible expansion, already tested across over 2.6 million kilometers of commercial operation; and the “Mining” series, designed with robust structural safety and in-house management systems tailored to demanding mine environments.

The electric drive suite introduced includes high-efficiency, high-density motor and control systems such as the 120kW reluctance flat-wire motor, 300kW dual-module main drive controller, and a 700kW electric mining truck powertrain. At the heart of this ecosystem is a newly unveiled domain control platform powered by a six-core chip capable of over 1,000 dynamic adjustments per second, enabling seamless multi-domain control across the full range of electric machinery.

Zoomlion also introduced a full-range hydrogen solution covering production, refueling, and usage. The system includes compact electrolyzers, its first high-pressure refueling station, and a 300kW fuel cell power unit, offering new low-carbon options for transportation and energy sectors.

The milestone rollout and the new component launch signal Zoomlion’s continued drive for innovation, advancing industry’s transformation through core technologies.

 

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SOURCE Zoomlion

As Shanghai Electric’s fourth photovoltaic project in Romania, this initiative marks a major step forward for the country’s clean energy sector.

SHANGHAI, Oct. 24, 2025 /PRNewswire/ — Shanghai Electric (SEHK: 2727, SSE: 601727) celebrated a major milestone on October 1 with the signing of the second phase of the 342 MW photovoltaic (PV) general contracting project (the “Project”) in Parau, Romania, with Econergy Renewable Energy Ltd. (“Econergy”). Once completed, the project is expected to supply clean electricity to both residential and commercial users, underscoring Shanghai Electric’s steadfast commitment to advancing green energy development across Central and Eastern Europe.

“Shanghai Electric will continue to harness its technological strengths in wind power, photovoltaics, and energy storage to drive the region’s green transition,” said Mr. Wu Lei, Secretary of the Party Committee and Chairman of Shanghai Electric Group. “Building on our successfully completed projects in Romania, we aim to further strengthen our presence across Central and Eastern Europe and deliver tailored solutions that accelerate Romania’s energy transformation.”

The Project also represents a key component of Econergy’s strategic expansion across Romania and the wider Central and Eastern European region. According to Andrea Loi, Vice President of Operations at Econergy, “Our decision to partner with Shanghai Electric reflects our full confidence in its technical expertise, project execution capabilities, and extensive international experience. We look forward to close cooperation between our teams to ensure the smooth progress and successful commissioning of this landmark project.”

The Parau Phase 2 project is Shanghai Electric’s fourth photovoltaic initiative in Romania, building upon the company’s established track record in the country’s renewable energy sector. This follows the successful commissioning of the Parau Phase I 91.4 MW PV project, which was also executed by Shanghai Electric under an EPC contract. The Phase I project received its Provisional Acceptance Certificate from the client in November 2024 and now supplies green electricity to approximately 70,000 households, reducing carbon dioxide emissions by about 6,800 tons annually. Shanghai Electric’s Romanian portfolio further includes the Schultu 56 MW PV Project, which achieved provisional acceptance in June of this year and has now entered its two-year warranty and operation period, while the Ovidi’s 60 MW PV EPC project, contracted in January, is currently under construction.

As of October 2025, Shanghai Electric’s projects in Romania have a combined capacity of approximately 550 MW, providing sustained momentum for the nation’s long-term clean energy development.

On the same day as the signing of the Parau Phase II 342 MW PV project, Mr. Wu Lei held separate meetings with Chinese Ambassador to Romania Chen Feng and Istvan-Lorant Antal, Chairman of the Romanian Energy Committee. “Romania is actively advancing its energy structure transformation, primarily in the areas of photovoltaics, energy storage, gas turbines, and power transmission and distribution. We’re looking forward to deepening cooperation with outstanding enterprises like Shanghai Electric to jointly develop renewable energy projects,” said Istvan-Lorant Antal.

Mr. Wu Lei also conducted high-level talks with executives from Austria’s OMV Group to explore new cooperation opportunities in the region’s energy sector, further strengthening Shanghai Electric’s pivotal role in Romania’s renewable energy transition.

For more information, please visit https://www.shanghai-electric.com/group_en/.

 

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SOURCE Shanghai Electric

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