EMERYVILLE, Calif., October 23, 2025 /3BL/ – The Global Heat Reduction Initiative (GHR) has released Version 2.0 of its Registry Standard, ensuring that Heat Reduction Credits seamlessly align with the integrity and transparency standards guiding the global voluntary carbon market, including Integrity Council for the Voluntary Carbon Market (ICVCM) and International Carbon Reduction and Offset Alliance (ICROA) accreditation requirements. GHR plans to pursue formal accreditation under both programs in 2026.

The first of its kind in the voluntary carbon market, GHR’s framework accounts for all heat drivers including super pollutants like methane and HFCs, and air polluting aerosols like black carbon, and quantifies their climate impacts to accelerate global heat reduction.

Key revisions to the Registry Standard include bolstered social and environmental safeguards and expanded stakeholder engagement requirements. Incorporating these updates ensures Heat Reduction Credits remain interoperable with traditional carbon credits, building long-term market integrity and confidence.

“Version 2.0 underscores GHR’s continued leadership in integrating critical near-term reduction efforts into the world’s leading climate action standards,” said Kiff Gallagher, GHR Executive Director. “Project developers and buyers can have the confidence that Heat Reduction Credits meet the highest standards for scientific rigor and transparency.”

With five methodologies released and more in development, the GHR Standard provides public and private organizations with a credible pathway to quantify, verify, and finance heat reduction initiatives that address the full range of climate forcers across target-aligned timescales.

“The GHR Registry Standard brings an unprecedented level of precision to the climate marketplace,” said Linda Brown, Co-founder and Senior Vice President of SCS Global Services. “Version 2.0 builds on our commitment to uphold environmental and social integrity while translating the latest climate science into actionable, verifiable standards.”

The GHR Registry Standard is grounded in the latest Intergovernmental Panel on Climate Change (IPCC) science and reviewed by experts from the Climate and Clean Air Coalition (CCAC), convened by the United Nations Environment Programme (UNEP). This scientific foundation ensures the framework addresses all heat drivers of climate change including those historically undervalued while delivering climate impact data beyond conventional CO₂e reporting.

The GHR Registry Standard (Version 2.0) is now available here. Organizations can learn more at heatreduction.com/registry.

 

Media Contact: 
media@heatreduction.com

SCS@browningenvironmental.com

 

About the Global Heat Reduction Initiative 

Global Heat Reduction Initiative combines cutting-edge methodology with expert advisory, enabling organizations to understand their total climate footprint, plan comprehensive mitigation strategies, and accelerate heat reduction. With this holistic view, organizations can prioritize interventions with the greatest climate return per dollar spent, unlock faster climate progress, and deliver immediate local benefits. Learn more at www.heatreduction.com.

 

About SCS Global Services

SCS Global Services is an international leader in third-party environmental and sustainability verification, certification, auditing, and standards development with over 40 years of experience. Its programs span a cross-section of industries, recognizing achievements in climate mitigation, green building, product manufacturing, food and agriculture, forestry, consumer products, and more. Headquartered in Emeryville, California, SCS has representatives and affiliate offices throughout the Americas, Asia/Pacific, Europe, and Africa. Its broad network of auditors are experts in their fields, and the company is a trusted partner to companies, agencies, and advocacy organizations due to its dedication to quality and professionalism. SCS is a California-chartered Benefit Corporation, reflecting its commitment to socially and environmentally responsible business practices. SCS is also a Participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. For more information, visit www.SCSGlobalServices.com.

LINCOLN, Neb., October 23, 2025 /3BL/ – Dan Lambe, chief executive of the Arbor Day Foundation, was invited to speak at the First International Green Cities Conference, hosted by The Food and Agriculture Organization of the United Nations (FAO) and UN Habitat.

The two-day conference was held last week at the FAO headquarters in Rome, Italy, coinciding with the World Food Forum. The First International Green Cities conference brought together public officials, private sector leaders, and NGOs like the Arbor Day Foundation to help create momentum around the effort to shape greener cities worldwide.

“I am grateful for FAO’s continued trust in the Arbor Day Foundation and this opportunity to showcase our knowledge, experience, and leadership in urban forestry,” said Lambe. “The positive impact of trees goes beyond borders and transcends language barriers. That’s why it’s so important we, as an international community, work together to reimagine urban life for the better. Because together, we can make a lasting difference for millions of people.”

Dan Lambe was invited to speak at two events that focused on how trees and green spaces can shape more climate-resilient cities, the rapid growth of the Arbor Day Foundation’s Tree Cities of the World program, and how the Arbor Day Foundation is collaborating with FAO to scale global impact through forestry.

Tree Cities of the World recognizes cities and towns that leverage urban forestry to enhance the livability and sustainability of their local area. This year, 210 communities were recognized as Tree Cities of the World, the most ever honored since the program began in 2018. These cities represent 24 countries and 6 continents, with communities ranging in population size from 1,500 to 12 million people. Globally, more than 134 million people live in Tree Cities of the World.

“Through Tree Cities of the World, we’ve been able to galvanize a global network of passionate tree planters eager to make their cities better places to live. The growing interest in this program is proof we’re all eager to learn from one another and use those insights to shape a greener future,” said Lambe.

The Tree Cities of the World program is jointly operated by FAO and the Arbor Day Foundation and is in alignment with FAO’s Green Cities initiative, which is designed to make a tangible impact on the health and well-being of people in 1,000 cities by strengthening green infrastructure. During the First International Green Cities Conference, FAO leaders debuted new criteria and a commitment pledge for Green Cities.

Visit treecitiesoftheworld.org to learn more about the Arbor Day Foundation’s global network of cities leading the way in urban and community forestry.

About the Arbor Day Foundation 

The Arbor Day Foundation is a global nonprofit inspiring people to plant, nurture, and celebrate trees. They foster a growing community of more than 1 million leaders, innovators, planters, and supporters united by their bold belief that a more hopeful future can be shaped through the power of trees. For more than 50 years, they’ve answered critical need with action, planting more than half a billion trees alongside their partners.

And this is only the beginning.

The Arbor Day Foundation is a 501(c)(3) nonprofit pursuing a future where all life flourishes through the power of trees. Learn more at arborday.org.

###

ST. LOUIS, Oct. 23, 2025 /PRNewswire/ — Verde Resources Inc. (OTCQB: VRDR) (Verde), a road materials company offering proprietary, environmentally sustainable solutions, announced that independent laboratory testing by the National Center for Asphalt Technology (NCAT) has evaluated the performance of its BioAsphalt™ cold recycling mix, integrating biochar and produced entirely from 100% Reclaimed Asphalt Pavement (RAP).

NCAT’s initial evaluation confirmed that Verde’s proprietary cold-recycled asphalt mix not only meets but good key industry specifications for cold-recycled pavement materials. The mix demonstrated exceptional strength, durability, and moisture resistance, reinforcing its potential suitability for future surface-layer applications.

Testing conducted in accordance with ASTM D6931 (Indirect Tensile Strength) and AASHTO T283 (Moisture Susceptibility) produced results well above standard benchmarks for cold-mix asphalt. The mix achieved an Indirect Tensile Strength (ITS) of 61.8 psi (426.1 kPa) under dry conditions and 45.6 psi (314.2 kPa) under wet conditions, with a Tensile Strength Ratio (TSR) of 0.74, surpassing the industry threshold of 0.70 typically required for cold-recycled materials. These results reflect a notable improvement in cohesion, retained strength, and overall mix performance, exceeding expectations at this stage of testing.

Beyond its mechanical performance, these findings underscore the potential of Verde’s carbon-sequestering BioAsphalt™ technology as a scalable, low-carbon alternative to traditional paving materials, advancing the next generation of sustainable, high-performance infrastructure.

Traditionally, cold recycling of 100% RAP has been used primarily in intermediate and base layers beneath the surface course. The ability to extend its use to the top layer, where pavement endures direct traffic loads, while simultaneously enabling carbon sequestration, marks a meaningful step forward for the industry.

“These NCAT results show that our cold mix BioAsphalt™ is redefining what’s possible with recycled materials,” said Eric Bava, COO of Verde Resources. “The performance improvements we’re seeing give us tremendous confidence as we move into surface-grade application testing, demonstrating that performance and sustainability can work in perfect alignment, paving the way for a new generation of carbon-sequestering infrastructure.”

“The testing indicates promising performance across key engineering parameters,” added Dr. Nam Tran, Associate Director at NCAT. “Verde’s innovative combination of biochar and specialized emulsion demonstrates clear potential for cold-recycled asphalt that could be ready for surface applications.”

As a sustainable alternative to conventional road materials, Verde’s burnerless, solvent-free BioAsphalt™ can be produced and applied at ambient temperatures year-round, dramatically reducing energy use and greenhouse gas emissions. By combining biochar with 100% recycled materials, a major landfill and environmental challenge in many metropolitan areas, Verde transforms waste into a carbon-sequestering surface course application that offers a compelling,

high-value-added alternative within the industry. With vast reserves of RAP readily available in many urban and nearby surrounding areas, the solution is not only sustainable but also scalable and economically practical, empowering industry partners to reduce costs while generating carbon credits that flow directly to their bottom line.

Verde is redefining what it means to go green. Too often seen as a luxury that comes at a premium, sustainability is now proving to be a common-sense advantage and a win for asphalt producers, frontline workers, taxpayers, and the environment alike. BioAsphalt™ lays the foundation for resilient, low-carbon, and modern infrastructure that delivers real-world performance while accelerating decarbonization across the hard-to-abate construction sector, all at the lowest possible life-cycle cost.

In July, NCAT provided early validation of Verde’s technology, confirming its potential to reimagine sustainable road construction. Building on that milestone, Verde has entered into a 10-year exclusive agreement with Ergon Asphalt & Emulsions, the largest asphalt marketer in North America. Together, the newly formed alliance is executing a strategic go-to-market plan designed to accelerate commercialization, expand market reach, and drive long-term revenue growth.

Together with Ergon, Verde is advancing this innovation toward full-scale market adoption and commercialization, delivering a practical, high-performance, carbon-sequestering asphalt solution designed to pave the roads of the future.

About Verde Resources Inc.:

Verde Resources Inc. (OTCQB: VRDR) is an emerging leader in sustainable infrastructure, specializing in innovative and cost-effective solutions to help the industry seamlessly #TransitionToZero™. By integrating proprietary technologies with sustainable practices, Verde is at the forefront of creating low-carbon materials for infrastructure worldwide.

The company is driving transformation in a sector long overdue for change. Its approach reduces greenhouse gas emissions, sequesters carbon dioxide, optimizes the use of native soils and recycled materials, accelerates installation, and improves overall efficiency, all while lowering costs.

For more information, please visit https://www.verderesources.com

About NCAT:

NCAT is a world leader in asphalt pavement technology, partnering with the National Asphalt Pavement Association, state transportation departments, the Federal Highway Administration, and industry stakeholders. Globally recognized for research, training, and technology transfer, it focuses on safe, sustainable, and cost-effective pavements.

For more information, please visit https://eng.auburn.edu/research/centers/ncat/

Cautionary Note Regarding Forward Looking Statements

This press release and statements of Verde’s and Ergon’s management made in connection with the matters addressed by this press release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s expectations, projections, and potential future developments. These statements are subject to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

Forward-looking statements involve significant known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially and adversely from those expressed or implied. In some cases, forward-looking statements can be identified by words such as “may,” “will,” “expect,” “plan,” “believe,” “estimate,” “anticipate,” “project,” “intend,” or similar expressions.  In this press release, forward looking statements include those related to (i) the anticipated benefits to Verde of the license agreement with Ergon, (ii) the proposed $2 million investment by Ergon into Verde, which is not currently subject to definitive documentation, (iii) the anticipated attributes and advantages of Verde’s products and (iv) Verde and Ergon’s future commercial plans in general.  These and other statements are based on current expectations and speak only as of the date of this release.

A non-exclusive list of risks and uncertainties that could cause the forward-looking statements herein to differ from future results include, without limitation: (i) the risk that Ergon will be unable to sell Verde-enabled products in the marketplace in sufficient volume so as to generate meaningful revenue for Verde, (ii) risks resulting from Verde’s dependence on Ergon as Verde’s exclusive North American distributor, (iii) the risk that the contemplated $2 million investment by Ergon into Verde may not be consummated on terms beneficial to Verde, or at all and (iv) the risk that the commercial relationship between Verde and Ergon may face challenges that result in material adverse effects on Verde.  Other Important factors that could cause actual results to differ materially from those in the forward-looking statements include those contained in the Verde’s filings with the SEC, which can be accessed here

Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements contained herein. Except as required by applicable law, Verde does not plan to publicly update or revise any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances or otherwise.

For Media and Investors:
info@verderesources.com
Crocker Coulson, AUM Media
Crocker.coulson@aummedia.org
(646) 652-7185

© 2025 Verde Resources, Inc.  All rights reserved.

 

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SOURCE Verde Resources Inc.

This article is authored by Amy Volz, Director of Workforce Innovation, Trane Technologies

Amidst significant economic and labor market shifts, it’s crucial to establish innovative practices for recruiting and retaining talent. At Trane Technologies, every individual’s unique background and perspective add value to our business. We understand that skills come from a variety of experiences, so we are building a workforce that reflects our communities with pathways to thrive at work and at home.

Transforming practice into solid strategy

In 2023, we decided to change our approach to creating pathways, programs and partnerships for some of our most critical job roles. We have always hired employees without four-year degrees, including about a third of our global workforce, but we had not systematized the process. We recognized the chance to innovate and develop a more robust talent pipeline, opening the doors for people without formal credentials or experience who showed an interest and aptitude for our business.

After several years of significant growth, creating a new talent pool of commercial service technicians had become a business imperative. These roles are mission-critical to Trane and to the industry, and they represent a large portion of our workforce. As technicians retire, the competition for recruiting new talent is fierce. 

Opening the doors to opportunity more widely than ever is the key to creating a sustainable talent pipeline for these jobs.

Inspired, we launched the Trane® Technician Apprenticeship Program (TAP) to build a larger and more diverse service technician workforce. The TAP is a four-year earn-as-you-learn program nationally registered through the U.S. Department of Labor, designed to hire and train aspiring HVAC technicians regardless of education or experience. 

Since launching TAP, five cohorts across more than 30 states have participated. Of those 155 apprentices, we’ve retained 86%. Over 95% are skilled through alternative routes rather than a four-year degree. There are more than 70 million American adults who fit this description, with skills learned through alternative routes like the military, community college or work experience in other industries. 

More than one-third of our apprentices are from underrepresented backgrounds, making them a diverse group. And a third are over 30, proving that an apprenticeship is not just an early talent strategy. 

In the two years since launching the TAP, we’ve gained much knowledge along our journey to codifying skills-based hiring at Trane Technologies. Here are four essential lessons we’ve learned along the way:

1. Just start.

Not moving quickly on a corporate initiative saps its energy. We could have spent years designing the perfect program; instead, we launched a fully developed and functional apprenticeship program company-wide in just 90 days!

Launching quickly required giving ourselves some grace. By taking an iterative approach, we capitalized on a sense of urgency and allowed for future enhancements. For example, we introduced an assessment that allowed candidates with relevant experience to earn accelerated placement into higher levels of the program.

We are empowered to continuously identify, evaluate and implement new ways of ensuring the experience we bring to our apprentices meets the value they bring to our organization.

2. Talent development for skills-based jobs is a holistic process

In addition to the new apprenticeship program, we’re challenging traditional hiring processes and broadening our talent pools by reconsidering how we hired for other critical company roles.

We’ve found and eliminated barriers, like unnecessary four-year degree requirements and industry experience that wasn’t needed, allowing us to build our broadest and deepest talent pools internally and externally. For more than 50 roles, including business-critical jobs such as account managers, plant supervisors and maintenance managers, we’ve removed the four-year degree requirement.

We have always focused on the whole person, and by codifying our skills-first approach into our hiring and promotion practices, we are continuing to challenge the myth that no degree means no skills. We will continue to grow and evolve our commitment to skills-based hiring.

3. Seek outside expertise

Our hiring managers and corporate executives are highly knowledgeable, yet we understood this new approach would benefit from outside experience. Our partnership with Grads of Life gave us the guidance we needed to get this process moving quickly.

Last year, Grads of Life helped us determine how to accelerate our efforts to re-credential roles, identify required skills and reconsider candidate assessments. In 2025, we continue to partner with the organization and expand our internal evolution to train hiring managers, provide them with the proper tools and resources, embed the skills-based approach within the hiring process and empower advocates to communicate these changes throughout the company.

Using Grads of Life’s Skills-First Accelerator and Skills-First Navigator, we’re identifying the places that Trane Technologies can shift its practices and protocols to better focus on skills. At the same time, we’re taking steps to recredential roles, provide mentorship and guidance to hiring managers, and manage change more broadly across the organization. This external expertise has been invaluable in helping us develop a formula we can now use for multiple roles across the company.

4. Encourage employees to share their journeys

Stories about how employees followed unconventional paths and overcame barriers to become successful are powerful. Although employees are often reluctant to share parts of their background that make them appear different, their willingness to share can be inspirational for others.

People who succeed without four-year degrees tend to be resilient self-starters who take the initiative to learn the skills they need to get hired and promoted. Sharing these stories across an organization can engage other employees with similar experiences and help them feel that they’re not “less than” — just different.

One story we’re sharing is about an employee who started out on our parts counter and is now running a multi-state division that supplies HVAC parts to Trane customers throughout the South.

Another of those stories is mine. I grew up in a small rural town and was the first member of my family to graduate from college. I never felt comfortable talking about that part of my background until I was in this role – and I’ve met dozens of other coworkers who followed a similar path.

Our recent experiences developing skills-based hiring strategies demonstrate that talent can travel along many different paths. By not letting perfect be the enemy of the good and tapping into internal and external expertise, organizations can help non-degreed employees thrive. It’s good for them — and it’s good for business.

Explore careers with the potential to make an impact at Trane Technologies.

LEEDS, United Kingdom, October 23, 2025 /3BL/ – Marking an exciting milestone in our growth, Antea Group UK welcomes Dan Ellis as our first Service Line Director for ESG.

Dan brings extensive experience in energy and carbon management, climate change risk, and adaptation, helping clients reduce costs, improve productivity, and enhance resilience. Throughout his career, he has successfully managed a wide range of sustainability projects across both the public and private sectors.

Among his notable achievements, Dan supported a global logistics operator in developing and implementing a Net-Zero plan for a Ministry of Defence contract, driving decarbonization across buildings, transport, and supply chain operations. He has also delivered ‘blue carbon’ habitat suitability assessments for 94 inhabited Scottish islands on behalf of the Scottish Government and authored Net-Zero transition plans for the Isles of Arran and Cumbrae.

Dan’s experience further includes producing lifecycle carbon footprints for a diverse range of products including skincare, fragrances, whisky, virtual reality headsets, and even ice cream, demonstrating his versatility and innovative approach to sustainability challenges.

“Dan’s arrival represents an exciting new chapter for Antea Group UK,” says Alex Ferguson, CEO of Antea Group UK. “As our first ESG Service Line Director, he’s helping us build a new area of expertise that will allow us to better support clients on their Net-Zero and sustainability journeys. His depth of experience and collaborative approach will be instrumental in building this service.”

Click here to learn more about our Sustainability & ESG Consulting services. 

 

About Antea Group UK

Antea Group is an international engineering and environmental consulting firm specializing in full-service solutions in the fields of environment, infrastructure, urban planning and water. By combining strategic thinking and multidisciplinary perspectives with technical expertise and pragmatic action, we do more than effectively solve client challenges; we deliver sustainable results for a better future. With more than 3,250 employees in over 100 offices around the world, we serve clients ranging from global energy companies and manufacturers to national governments and local municipalities. Learn more: www.anteagroup.uk.

MARLBOROUGH, Mass.–(BUSINESS WIRE)–From hunger relief in Virginia to after-school programs in Connecticut, BJ’s Wholesale Club (NYSE: BJ) today announced it is donating more than $1.2 million to local organizations nominated by its team members. The grants will help families in 17 states and Washington, D.C., meet their essential needs. “BJ’s is driven by a powerful purpose: we take care of the families who depend on us,” said Bob Eddy, Chairman and Chief Executive Officer, BJ’s Wholesale Clu

BETHESDA, Md., Oct. 23, 2025 /PRNewswire/ — IMB Partners (“IMB”), a leading private equity firm focused on partnering with management teams to build middle-market companies, today announced the successful closeout of its investment vehicle originally launched in June 2014. The closeout follows a successful refinancing and provided investors with the option to fully exit their investment or roll their value into a newly formed continuation vehicle that will continue to hold e&e IT Consulting Services, Inc. (“e&e”).

Over the life of the investment, IMB and the e&e management team executed a value creation strategy that included:

  • Expanding geographically into the Philadelphia region
  • Acquiring E24x7 in Florida
  • Promoting internal leadership and strengthening organizational depth
  • Refinancing in October 2018
  • Exiting in September 2025

“We are proud of the growth and resilience of e&e over the past decade,” said Tarrus Richardson, Founder and CEO of IMB Partners. “This investment exemplifies IMB’s model of partnering with strong management teams and providing investors with attractive long-term returns. We are especially excited to launch the continuation vehicle, which allows us to keep building on the strong platform that e&e represents.”

Alecia Justice, President of e&e IT Consulting Services, Inc., added: “IMB has been a true partner in supporting our growth and helping us strengthen our position as a leading IT services provider. We look forward to continuing this journey in the next chapter with the continuation vehicle and building on our momentum with clients in Pennsylvania, Florida, and beyond.”

The newly formed continuation vehicle will maintain ownership of e&e and provide existing investors with the opportunity to continue their participation in the company’s future growth.

e&e, founded in 2002 and headquartered in Mechanicsburg, Pennsylvania, provides IT consulting and staff augmentation services primarily to state, local, and federal agencies. The company is a leading IT consulting vendor in Pennsylvania and continues to grow its presence in Florida. With its recurring revenue model, history of resilience, and strong free cash flow, e&e is well-positioned for continued expansion.

About IMB Partners

IMB Partners is a Bethesda, Maryland-based private equity firm that invests in profitable, privately held companies in utility, infrastructure, information technology, cybersecurity, and food sectors, with annual revenues between $10 million and $250 million. IMB seeks to create lasting value through deep partnerships with management teams, capital support, and operational expertise.

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SOURCE IMB Partners

BEIJING, Oct. 23, 2025 /PRNewswire/ — Scheduled for March 30 to April 1, 2026, at the China National Convention Center in Beijing, the 12th Beijing International Irrigation Technology Expo & World Irrigation Technology Congress will be held concurrently with the Beijing International Modern Protected Agriculture Expo.

Recognized as China’s most professional and largest event in its field, the expo serves as an innovation hub connecting global and domestic smart agriculture and irrigation technologies. It provides comprehensive coverage across the entire industry chain, featuring smart agriculture, protected agriculture, and irrigation technology.

With an exhibition area of 30,000 square meters, the event will showcase cutting-edge equipment and technologies from 800 enterprises across 33 countries and regions. The participating companies include 20 global industry leaders comprising Fortune 500 corporations and publicly listed companies.

The event is projected to attract over 35,000 professional buyers, encompassing core procurement entities such as provincial Departments of Agriculture and Rural Affairs, agricultural reclamation groups, and operation centers of large-to-medium irrigation districts from across China. The exhibition will also host delegation groups from renowned international institutions including the Food and Agriculture Organization of the United Nations (FAO), world-leading scientific research and technology transfer organizations, as well as prominent agricultural investment and financial institutions.

In terms of international cooperation, the expo will feature key events such as the “International Special Promotion Session for Agricultural Irrigation Systems” and the “Global Procurement Matchmaking Conference.” These sessions will bring together delegations from globally leading agricultural nations, assisting enterprises in expanding international partnerships and connecting with overseas procurement demands.

The event will feature multiple high-level concurrent sessions during the convention. Distinguished participants including senior officials from the Ministry of Agriculture and Rural Affairs, academicians from the Chinese Academy of Engineering, leading industry experts, and representatives from international organizations have been invited to share insights on the future of agricultural technology.

Exhibition space booking, forum registration, and advertising opportunities are now available. Looking forward to see you in ITE 2026.

Official Website: https://www.chinaite.com.cn/en/ 

Visitor Registration: http://s.whte.cn/d/t1fbbI 

Contact :Amy Hu   Tel:+86-15299102268  Mail:itebeijingamy@foxmail.com 

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SOURCE The 12th China( Beijing) International Irrigation Technology Exhibition

HONG KONG and SHANGHAI, Oct. 23, 2025 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (“Ping An”, the “Company” or the “Group”; HKEX: 2318 / 82318; SSE: 601318) is pleased to announce that its subsidiary, Ping An Bank (the “Bank”, SZSE: 000001) has been upgraded to “AA” in the latest MSCI ESG Ratings, recognizing the Bank’s outstanding performance in environmental, social, and governance (ESG).

This achievement marks a significant advancement for Ping An Bank, which has risen from “BB” to “AA” over the past five years. The upgrade underscores the Bank’s leadership in ESG within the global banking sector and highlights the successful execution of the Group’s ESG strategy and commitment to advancing the sustainable development of its subsidiaries.

MSCI ESG Ratings are among the world’s most recognized ESG assessment systems, widely acknowledged by global institutional investors and frequently used in investment decision-making. The latest rating report notes Ping An Bank’s significant progress in consumer protection and human capital development, as well as its industry-leading performance in areas such as consumer financial protection, financing environmental impact, and privacy & data security.

Leading Sustainable Development with Group’s Guidance

Ping An has made sustainable development a core component of its corporate strategy, establishing itself as a ESG leader in China. The Group’s comprehensive ESG governance framework ensures that ESG principles are integrated across all business operations. In 2024, the Group’s MSCI ESG rating was elevated to “AA”, maintaining its leadership in the “Multi-Line Insurance & Brokerage Industry” in Asia-Pacific region for three consecutive years.

Ping An Bank’s
Key
Achievements 


  1. Advancing Green Finance:



    Ping An Bank is dedicated to advancing the Group’s green finance strategy by offering a diverse range of products, including green loans, green bonds, and carbon finance instruments, to support seven priory sectors: energy efficiency and carbon reduction, environmental protection, resource recycling, and low-carbon transition, ecological restoration, green infrastructure, and sustainable services. By the end of June 2025, the Bank’s green loan balance reached RMB 251.746 billion.

  2. Enhancing Data Security: 



    In 2024, the Bank strengthened its data security framework, conducting 50 emergency drills and extensive training on data protection, workplace safety, and personal information security. Employees received an average of 35 hours of training, significantly improving security awareness and capabilities.

  3. Investing in Employee Development: 



    Committed to providing a comprehensive and well-structured training system, Ping An Bank invested RMB 88.44 million in nearly 8,000 training sessions in 2024, with employees averaging 92 hours of training each. By the end of 2024, female employees represented 55.5% of the workforce, reflecting the Bank’s dedication to diversity and inclusion.

  4. Protecting Consumer Rights: 



    Consumer rights protection is a top priority, overseen by the

    Bank’s
    Board of Directors. In 2024, the Bank provided comprehensive training across more than 1,000 branches and implemented an efficient complaint-handling system,
    effectively safeguarding consumer rights. In 2024, the number of customer complaints decreased by 12% year-on-year, with a 100% resolution rate and steadily improving customer satisfaction. 

  5. Expanding Inclusive Finance: 



    Ping An Bank continues to expand its inclusive financial services, focusing on micro, small, and medium-sized enterprises (MSMEs). By the end of June 2025, the Bank’s MSME loan portfolio grew to RMB 499.524 billion, serving over 970,000 customers. In the first half of 2025, the Bank issued RMB 133.917 billion in new MSME loans, a 33.6% increase year-over-year, providing vital financial support to small businesses.

Outlook

Ping An will remain customer-centric and continue to deepen its technology-driven “integrated finance + health and senior care” dual-driver strategy. The Group will further enhance its governance and risk management framework, actively promote green and low-carbon development, and create long-term, stable value for customers, employees, shareholders, and society. Under the Group’s guidance, Ping An Bank will further strengthen its ESG initiatives and deliver high-quality financial services that foster harmony between economic growth, societal well-being, and environmental sustainability.

—End—


About Ping An Group

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-driven “integrated finance + health and senior care” strategy, the Group provides professional “financial advisory, family doctor, and senior care concierge” services to its nearly 247 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses’ quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2024, Ping An had more than RMB12 trillion in total assets. The Group ranked 27th in the Forbes Global 2000 list in 2025 and 47th in the Fortune Global 500 list in 2025.

For more information, please visit www.group.pingan.com and follow us on LinkedIn – PING AN.

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SOURCE Ping An Insurance (Group) Company of China, Ltd.

BEIJING, Oct. 23, 2025 /PRNewswire/ — Chinese liquor maker Wuliangye Yibin Co., Ltd. won the 2025 EFQM Global Award recently, presenting again its “harmony & beauty” concept-driven pursuit of premium quality.

With the highest “seven diamonds” certification, the EFQM Global Award received by Wuliangye is one of the world’s three leading quality awards standing for benchmarks for organizational quality.

Since 1980s, the Chinese liquor producer has applied comprehensive quality management and later introduced performance excellence frameworks and EFQM models, implanting quality management concept into corporate strategies and operation.

As the EFQM assessment report said, Wuliangye was recommended for its performance in fostering the “harmony & beauty”-based corporate culture, achieving a balance between tradition and innovation, driving large-scale development with a strong ESG orientation, etc.

The report not only serves as recognition of Wuliangye’s quality management, but also highlights the liquor maker’s pathways of sustainable development from the aspects of quality, ecology and culture.

In terms of quality, Wuliangye has set up and optimized an integrated quality management system overseeing the entire industrial chain from “one grain seed” to “one drop of liquor”, winning for five times top quality management awards in China.

For ecology protection, the Chinese liquor maker came up with the concept of “zero-carbon liquor maker”, giving birth to the first high-level green factory in China’s liquor industry.

In terms of culture, Wuliangye has cultivated a corporate culture deeply rooted in its “harmony & beauty” philosophy, injecting its own development philosophy into sustainable development.

Despite 200-plus companies worldwide vying for EFQM Global Award this year, 14 of them won the honors and Wuliangye is the only company to date that has achieved such a pleasant result within just one year of implementing the EFQM model and RADAR logic, according to EFQM CEO Russell Longmuir.

On the 2025 EFQM Sustainable Performance Conference, also the 2025 Global Award Ceremony held in Spain recently, Wuliangye was also honored for its achievement in driving business performance whilst leading adoption of the UN sustainable development goals.

As one of the pacesetters for China’s baijiu industry, Wuliangye is endeavoring to leverage global standards of excellence to propel management innovation and industrial upgrading to contribute to sustainable development of the global liquor industry.

Original link: https://en.imsilkroad.com/p/347999.html 

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SOURCE Xinhua Silk Road

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