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Allied Releases Third Annual Environmental, Social and Governance Report

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TORONTO, June 27, 2022 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced it has published its 2021 Environmental, Social and Governance (ESG) Report.

Allied’s 2021 performance exceeded its 2024 reduction targets for Energy Use Intensity (EUI), Greenhouse Gas Intensity (GHGI) and Water Use Intensity (WUI). In order to continuously improve its performance, Allied initiated its Net Zero Carbon Plan. The Plan will identify a clear pathway for Allied to reach net zero in alignment with the Science Based Targets Initiative’s (SBTi) Corporate Net-Zero Standard v1.0. Guided by oversight from Allied’s ESG Committee, with support from industry experts and stewarded by a multi-disciplinary Net Zero Project Team, Allied intends to complete its Net Zero Carbon Plan in the next 12-18 months.

Allied’s 2021 ESG Report is aligned with (i) the Global Reporting Initiative (GRI) (ii) the Sustainability Accounting Standards Board (SASB) Real Estate Standard and for the first time, (iii) the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and (iv) the United Nations Sustainable Development Goals.

Allied’s Board and Management are committed to making Allied’s approach to ESG more manifest, deliberate and measurable. Allied has always believed that submitting to informed scrutiny will make it a better and more successful business, and formally submitting to ESG scrutiny is no exception in this regard.

Read Allied’s 2021 ESG Report at www.alliedreit.com.

ABOUT ALLIED

Allied is a leading operator of distinctive urban workspace in Canada’s major cities and network-dense UDC space in Toronto. Allied’s mission is to provide knowledge-based organizations with workspace and UDC space that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Michael R. Emory
President & Chief Executive Officer
(416) 977-9002
memory@alliedreit.com

Cecilia C. Williams
Executive Vice President & Chief Financial Officer
(416) 977-9002
cwilliams@alliedreit.com 


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Liberty Gold Receives 2022 Environmental Excellence Award from the State of Utah, Department of Natural Resources

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VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce the receipt of the 2022 Environmental Excellence Award from the State of Utah Department of Natural Resources, Division of Oil, Gas and Mining on June 22, 2022, from Chris D. Hansen, Board Chairman. The award acknowledges the Company’s innovative use of GIS, LIDAR and other technology in reclamation efforts at its Goldstrike Oxide Gold Property in southwestern Utah.

Gerald Heston, Environmental and GIS Manager, made a formal presentation to the Board of the State of Utah, Division of Oil, Gas and Mining on April 27th and received the award on behalf of Pilot Goldstrike, Inc.

Liberty Gold’s innovative use of GIS and other technology to track exploration build and reclamation goes above and beyond industry standards and state regulations. Extensive GIS and 3D modeling tools help us plan out our projects, make efficient use of resources, minimize disturbance, and avoid environmental problems. The processes of exploration and reclamation operate in sync with each other and include returning slope topography to its natural state and re-seeding and replanting in line with appropriate plant species on each project. The Utah Division of Oil, Gas and Mining is recommending that other operators use Liberty Gold’s model for their work.

Pete Shabestari, Vice President of Operations, Great Basin Manger, stated, “Gerald has been instrumental in going above and beyond in his innovative use of GIS and mapping to track in the reclamation process at the Goldstrike Oxide Gold Deposit in Washington County, Utah. The entire team thanks you for your commitment, dedication, and leadership in environmental stewardship.”

Jon Gilligan, Chief Operating Officer, stated, “Liberty Gold’s reclamation efforts and outcomes are unique in the Great Basin. We reclaim land we have disturbed through exploration as quickly as possible, ensuring the ground is returned to its original state or better. Gerald was instrumental in developing our GIS system to track these activities and provide full transparency to the authorities. As a Great Basin oxide gold exploration and development company we are proud of our environmental record and see this as another step in our evolving ESG journey.”

ABOUT LIBERTY GOLD
Liberty Gold is focused on exploring for and developing open pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah. We know the Great Basin and are driven to discover and advance big gold deposits that can be mined profitably in open-pit scenarios. Our flagship projects are Black Pine in Idaho and Goldstrike in Utah, both past- producing open-pit mines, where previous operators only scratched the surface.

For more information, visit libertygold.ca or contact:

Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll Free 1-877-632-4677
info@libertygold.ca


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New Sharjah Government Communication Award Category to Honour ‘Best Environmental Policies And Practices’ In The Arab World

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The Sharjah Government Communication Award (SGCA)has called on organisations that have taken urgent action to combat climate change to submit their nominations for a new category in the upcoming 9th edition in September this year. Theaward [...] 

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Abu Dhabi University Inaugurates Its Venture Lab To Elevate The UAE’s Sustainability-Oriented Entrepreneurial Ecosystem

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In line with Abu Dhabi University’s (ADU) innovation strategy (ADUi), ADU announces the launch of its Sustainable Development VentureLab in collaboration with Abu Dhabi Department of Economic Development (ADDED).The Lab, open to students, researchers, [...] 

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Millicom (Tigo) to launch new digital “Maestr@s Conectad@s” platform for the digital skilling of teachers in Latin America

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Millicom (Tigo) to launch new digital “Maestr@s Conectad@s” platform for the digital skilling of teachers in Latin America

 

LUXEMBOURG, June 23, 2022 – Millicom, a leading provider of fixed, mobile and digital services in Latin America through its Tigo brand, today announced the launch of a region-wide, web-based app for its Maestr@s Conectad@s program offering school teachers online learning modules in digital literacy.

Millicom (Tigo) first launched Maestr@s Conectad@s in 2020 in the countries where it operates to strengthen digital education systems that had been impacted by the COVID-19 pandemic. The program was designed to reduce the digital divide, and its contents initially consisted of online training which prepared educators including teachers, school administrators, and others, to understand and use digital tools to improve educational quality. The interactive modules were delivered via videos, podcasts, and other digital means. Through Maestr@s Conectad@s, the company has trained more than 250,000 educators to date in Guatemala, El Salvador, Honduras, Nicaragua, Colombia, Costa Rica, Panama, Bolivia, and Paraguay.

The new web-based app currently offers a catalog of 20 free courses developed in collaboration with AHYU, an international organization focused on educational content. Course topics include digital tools, PowerPoint, Canva, Zoom, educational innovation, storytelling, gamification, use of social networks, digital tools for the classroom, and neuroeducation. The digital platform will allow a much easier and immediate access to the Maestr@s Conectad@s toolkit for educators willing to acquire new skills, at a critical time for digital education. The program represents one of Millicom’s most important ESG-based education programs aimed at improving and empowering lives through connectivity. The platform is available at the following link www.maestrosconectados.com

"At AHYU, we are pleased to work hand in hand with Millicom (Tigo) in its commitment to contribute to quality education in Latin American countries," said Arlei Villegas, director of production at AHYU. "Now that educational work has become hybrid, the virtual programs we have developed and our experience in facilitating teachers, families and students, responds to the needs of this new reality and hopefully reaches all levels of education."

Since its early stages, various allies and partners have helped drive the expansion of Maestr@s Conectad@s in the nine countries where Millicom (Tigo) operates, including several education ministries, the United Nations Children´s Fund (UNICEF), and various local media outlets.  

We at Millicom (Tigo) can think of no better way to meet the societal and economic needs of a community than to strengthen its education system with the teachers at the heart of it all,” said Karim Lesina, Millicom EVP and chief external affairs officer. “With the launch of our Maestr@s Conectad@s online platform, we are placing digital literacy training within the grasp of thousands more teachers so they can develop the skills they need to inspire students through new channels and methods to reach them anywhere in the globe. These and other efforts reinforce our support of the UN Global Compact and Sustainable Development Goals. Connecting our communities means more to Millicom (Tigo) than simply providing internet access. We are opening for them the door to the future.

Courtesy pictures: Image 1, Image 2, Image 3, Image 4

For further information, please contact

Press:
Giuseppina Curreli, Director Political Relations
Yocasta Valdez, Sr. Manager Digital Media & Communications
press@millicom.com

 

Investors:
Michel Morin, VP Investor Relations
Sarah Inmon, Director Investor Relations
investors@millicom.com

 

About Millicom

Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of March 31, 2022, Millicom employed approximately 20,000 people and provided mobile and fiber-cable services through its digital highways to around 50 million customers, with a fiber-cable footprint of close to 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg. For more information, visit: millicom.com. Connect with Millicom on Twitter, Instagram, Facebook and LinkedIn

About AHYU

AHYU, is a learning and change company oriented to generating transformations using fewer resources, time, and energy with innovative and high-impact models. Ahyu means "love" in Guarani and is the value that encloses each of the actions they perform. Since 2019, it also has been working on TIGO's Connect Segur@ Corporate Responsibility program, which seeks to promote the creative and responsible use of the internet and new technologies in educational units throughout the country, benefiting students, teachers, principals, and families.

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Alliant Energy adjusting timing of its Wisconsin-based generation retirement dates to bolster reliability during transition to cleaner energy future

Image for Alliant Energy adjusting timing of its Wisconsin-based generation retirement dates to bolster reliability during transition to cleaner energy future

Adjusted timing allows the company flexibility beyond 2022 to manage regional capacity and supply chain challenges as they move forward with adding solar and other resources to diversify energy mix

MADISON, Wis., June 23, 2022 (GLOBE NEWSWIRE) -- Guided by its purpose-driven strategy and values, Alliant Energy is transitioning its energy mix to cleaner, more renewable energy to benefit customers. This includes breaking ground on six new solar projects. In total, the company is moving forward on 12 solar projects that will bring nearly 1,100 megawatts of solar generation online in Wisconsin. It’s all part of Alliant Energy’s continued drive to diversify its energy mix of generation resources to meet the ongoing energy needs of customers.

“It’s exciting to be starting construction on new solar projects that will bring jobs and economic benefits to local communities,” said David de Leon, president of Alliant Energy's Wisconsin energy company. “At the same time, it’s important to recognize the unprecedented and unexpected circumstances currently affecting the entire energy industry.”

The uncertainty de Leon mentions includes global supply chain and economic challenges along with shifting Midcontinent Independent System Operator (MISO) requirements beyond 2022 and regional short-term reliability concerns. Earlier this month, MISO released a study forecasting the MISO region, which includes Manitoba, Canada and parts of 15 states including Wisconsin, could be facing a potential energy shortage for the summer of 2023.

“Shifting the retirement dates for our coal-fired facilities in Wisconsin helps ensure we can weather multiple uncertainties while continuing to add cleaner, renewable energy to the grid,” added de Leon.

Alliant Energy expects to be out of coal generation in Wisconsin by mid-2026. The company also confirms they are still on track to achieve their 2030 goal of reducing fossil fuel generation carbon dioxide (CO2) emissions by 50% (from 2005 levels).

Alliant Energy now intends to retire Edgewater Generating Station in Sheboygan by June 2025; both remaining Columbia Energy Center units in Portage will be retired by June 2026. The short-term extension demonstrates the company’s ongoing commitment to providing reliable energy for all customers as outlined in their Clean Energy Blueprint.

The Blueprint is the result of extensive and holistic resource planning that Alliant Energy initiated several years ago. The company continues to view its Blueprint as an economic catalyst that is creating jobs and building stronger communities while also creating a healthier environment.

Alliant Energy co-owns the Columbia facility with Wisconsin Public Service Corporation, a subsidiary of WEC Energy Group, and Madison Gas and Electric Company.

Final timing and retirement dates are subject to additional state and regional regulatory reviews.

To learn more about the company’s transition to renewables, visit AlliantEnergy.com/PoweringWhatsNext.

Media contact: Cindy Tomlinson (608) 458-3869 | cindytomlinson@alliantenergy.com

Alliant Energy Corporation (NASDAQ: LNT) provides regulated energy service to 985,000 electric and 425,000 natural gas customers across Iowa and Wisconsin. Alliant Energy's mission is to deliver energy solutions and exceptional service customers and communities count on – safely, efficiently and responsibly. Interstate Power and Light Company and Wisconsin Power and Light Company are Alliant Energy's two public energy companies. Alliant Energy is a component of the Nasdaq CRD Sustainability Index, Bloomberg’s 2022 Gender-Equality Index, and the S&P 500. For more information, visit alliantenergy.com and follow us on LinkedInFacebookInstagram and Twitter

This press release includes forward-looking statements. These forward-looking statements can be identified because they describe future generation plans or projects, future generation plant retirements, future emissions reductions, or include words such as “will,” “forecasting,” “expects,” “goal,” “intends,” and words of similar import. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Actual results could be affected by such factors as: the ability to complete construction of renewable generation projects by planned in-service dates and within the cost targets set by regulators due to cost increases of and access to materials, equipment and commodities including due to tariffs, duties or other assessments, such as any additional tariffs resulting from U.S. Department of Commerce investigations into the sourcing of solar project materials and equipment from certain countries, labor issues or supply shortages, the ability to successfully resolve warranty issues or contract disputes, the ability to achieve the expected level of tax benefits based on tax guidelines and project costs, and the ability to efficiently utilize the renewable generation project tax benefits for the benefit of customers; the inability to obtain regulatory approvals or necessary permits in a timely manner, including approval from the Midcontinent Independent System Operator; state regulatory actions that delay or reject the plans; adverse interpretation or enforcement of regulatory or permit conditions; changes in tax laws that could impact the qualification of the solar projects for the expected level of investment tax credits; unanticipated construction issues, delays or expenditures; failure of equipment and technology to perform as expected; current or future litigation, regulatory investigations, proceedings or inquiries that could impede the implementation of Alliant Energy's plans; the inability to agree to contract terms or disputes in contract terms; poor initial cost estimates; work stoppages; adverse weather conditions; unforeseen engineering or technology issues; political conditions in Alliant Energy's service territories; limited access to capital or other proposed financing arrangements such as tax equity financing; other adverse economic conditions; adverse impacts resulting from the COVID-19 pandemic and responses to the pandemic; and economic conditions in Alliant Energy's service territory. These factors should be considered when evaluating the forward-looking statements and undue reliance should not be placed on such statements. The forward-looking statements included herein are made as of the date hereof and Alliant Energy and Wisconsin Power and Light Company undertake no obligation to update publicly such statements to reflect subsequent events or circumstances.

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IFZA Partners With Jubail Island To Plant 10,000 Mangrove Trees As Part Of Its Grow Initiative

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IFZA Dubai, the UAE’s most dynamic and truly international Free Zone, today announced the launch of itsGrow Initiative, a pledge to plant more than 10,000mangrove trees by November 2022 in the dedicated IFZA Mangrove Forest at Jubail Mangrove Park, [...] 

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Ashland completes sale of Section 1 Hercules Redevelopment Plan for land located in Sayreville, NJ to Parlin Section 1 Urban Renewal, LLC for $40 million

Image for Ashland completes sale of Section 1 Hercules Redevelopment Plan for land located in Sayreville, NJ to Parlin Section 1 Urban Renewal, LLC for $40 million

Ashland proceeds will fund environmental trust

WILMINGTON, Del., June 22, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced it has completed the sale of Section 1 of the Hercules Redevelopment Plan, approximately 77.8 acres of land located in Sayreville, NJ, to Parlin Section 1 Urban Renewal, LLC, an affiliate of Trammell Crow Company, in a transaction valued at $40 million with net proceeds estimated at $38.5 million.

Previously, Ashland communicated that it would sell unutilized land to fund an environmental trust.

“We are executing our plan to sell valuable land that is not being utilized by the company and placing the proceeds in an environmental trust,” said Guillermo Novo, chair and chief executive officer, Ashland. “Funding our environmental trust is a clear example of our environment, social and governance (ESG) commitment that is an integral part of our core values and strategy.”

About Ashland 
Ashland Global Holdings Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 3,800 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit Ashland.ashland.com and ashland.com/sustainability to learn more. 

™ Trademark, Ashland or its subsidiaries, registered in various countries.

FOR FURTHER INFORMATION:

Investor Relations: Media Relations:
Seth A. Mrozek Carolmarie C. Brown
+1 (302) 594-5010 +1 (302) 995-3158
samrozek@ashland.com ccbrown@ashland.com

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Corona® USA Continues Its “Protect Our Beaches” Program Ahead of National Clean Beaches Week

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Corona, in partnership with Oceanic Global and United By Blue, will kick off the program’s second year with a beach cleanup in Seattle and a new merchandise collaboration between Corona and United By Blue.

CHICAGO, June 22, 2022 (GLOBE NEWSWIRE) -- Corona beer, a brand long synonymous with the beach, is proud to kick off the second year of its “Protect Our Beaches” program, an initiative developed in partnership with Oceanic Global, a nonprofit leader in ocean conservation, to help turn the tide on plastic pollution. Through the initiative, Corona has committed to removing 1 million pounds of plastic from beaches, waterways and its business by its 100th birthday in 2025, and the iconic beer is on track to meet this ambitious goal. As of June 2022, Protect Our Beaches has removed more than 570,000 pounds of plastic from 30 beaches and Corona’s business nationwide, which is roughly the equivalent of 50 garbage trucks full of plastic.

Ahead of National Clean Beaches Week (July 1-7), Corona is reaffirming its commitment to protect our beaches and is encouraging others to help preserve our most precious sources of rest and relaxation. To enable public participation, United By Blue and Corona, in partnership with Oceanic Global, are hosting several community cleanups across the country to drive local action and awareness. Additionally, Corona is partnering with UBB to introduce a limited-edition line of beachwear created in part from the plastic that was removed during last year’s Protect Our Beaches efforts. The capsule collection, made from ocean-bound plastics, includes shirts, shorts, backpacks, fanny packs and water bottles — just in time for summer. The Protect Our Beaches and UBB capsule collection is shoppable at CoronaUSA.com and UnitedByBlue.com.

“For Corona, beaches represent a place of relaxation, somewhere we all can refresh our perspectives, unwind and truly live the fine life,” said Alex Schultz, vice president of brand marketing at Corona. “That mindset has guided the brand for nearly 100 years, and we’re so proud of the progress we’ve made in year one of the Protect Our Beaches program. There’s still work left to do, which is why we’re committed to continuing to do our part in helping ensure our beaches are clean for this generation and generations to come.”

“The ocean is vital to maintaining life on this planet; however, we unfortunately dump an estimated 22.3 billion pounds of plastics into the ocean every year, and that number is continuing to rise,” said Lea d’Auriol, founder, Oceanic Global. “At Oceanic Global, we not only want people to understand the necessity of protecting our beaches, but we also want to help rebalance our relationship with nature and the ocean overall. We are proud to be working with Corona to not only help bring cleanups to local communities across the country, but to also guide Corona’s internal commitment toward eliminating plastics and stopping the problem at the source. Our hope in partnering with Corona on these efforts is that communities and the private sector alike will be inspired to take action and do the same.”

“Our partnership with Corona is a perfect example of how collaboration is the most powerful tool in business to create a positive environmental impact,” said Brian Linton, UBB’s founder and CEO. “The world's beaches and oceans are in peril, and Corona is addressing this in a high-impact way through this partnership. We’re honored to be part of it. On top of that, by recycling the ocean plastic we collect with them into beautiful products, this collaboration highlights how to take environmental responsibility one step further toward circularity.”

UBB and Corona, in partnership with Oceanic Global, will host public-facing cleanups across the country starting in the Pacific Northwest. The calendar overview is outlined below, and details can be found at CoronaUSA.com:

  • June 25: Seattle, Washington | Alki Beach
  • July 30: South Padre Island, Texas | Edwin King Atwood Park
  • Aug. 20: Kansas City, Missouri | Longview Lake Swim Beach
  • Sept. 10: Asbury Park, New Jersey | Register HERE to receive location details and updates as available
  • Oct. 8: Charleston, South Carolina | Folly Beach County Park

For those unable to join the local cleanups, Oceanic Global and Corona have created an easy-to-use toolkit meant to assist people in their own individual cleanup efforts at their favorite waterways or beaches. Each toolkit comes in a custom branded cardboard box with gloves, a reusable mesh bag and a plantable seed card with a QR code that unlocks access to the Oceanic Global and Corona Beach Cleanup Guide. The seed card, when planted, grows into a lime tree, a classic companion to Corona beer. The toolkits are available at CoronaUSA.com for $10.

To learn more, visit CoronaUSA.com, and refresh your perspective by following @CoronaUSA on Instagram, Facebook and Twitter. As always, Corona encourages consumers to enjoy its products and relax responsibly.

About the Corona Brand Family:
The Corona brand family is home to Corona Extra, Corona Light, Corona Familiar, Corona Premier, Corona Refresca, and Corona Hard Seltzer. The entire Corona portfolio is brewed in Mexico by Constellation Brands and imported and marketed exclusively to the U.S. by the company. Corona Extra, the flagship brand of the Corona brand family, is a pilsner-style lager with a golden hue that was first brewed in Mexico in 1925. Corona embodies “La Vida Más Fina” or “The Fine Life” as a modern expression of the brand’s lifestyle. The refreshing flavor and carefree attitude of Corona Extra holds a respected place in U.S. culture as the #1 most loved beer brand.

A brand that has long been synonymous with the beach, Corona is committing to removing 1 million pounds of plastic from shorelines and its business by the brand’s 100th birthday in 2025 through its “Protect Our Beaches” initiative with Oceanic Global, a nonprofit leader in ocean conservation. Believing there is no such thing as a better tomorrow without our beaches, the brand is on a mission to preserve these special places for generations to come.

About Oceanic Global:
Founded in 2017 by Lea d’Auriol, Oceanic Global (OG) inspires us to care deeply for the ocean and provides solutions to protect it. The international non-profit sheds light on humanity’s essential relationship to the ocean and empowers individuals, communities, and industries to create positive change. Oceanic Global creates educational experiences, consults on sustainable operations, and engages local communities to generate measurable impact for our collective wellbeing. In 2020, Oceanic Global launched the Blue Standard (Blue), a first-of-its-kind cross industry standard that establishes universal accountability for sustainable business leadership and empowers industries and businesses of all sizes to achieve measurable impact that protects our blue planet. Oceanic Global is based in Brooklyn, New York with international hubs & volunteer bases in New York, London, Los Angeles, Barcelona, Tulum, and Hong Kong. Reflective of its global reach, the organization has additionally produced United Nations World Oceans Day since 2019. #CareDeeply | www.oceanic.global

About United By Blue:
United By Blue is a sustainable lifestyle brand driven by the belief that the world has enough garbage. Through our one-for-one mission, we remove a pound of trash from the environment for every product purchased through our globally-led, company-organized cleanups. To date, we’ve removed over 4.2 million pounds of trash and counting. In addition to cleaning up some serious garbage, all UBB apparel and accessories are ethically made using materials that leave as little impact on the planet as possible. United By Blue products can be found in more than 1000 outlets nationally, in our stores in Philadelphia, Chicago, and Scottsdale, and online at unitedbyblue.com.

Media Contact:
Stephanie McGuane
312-741-2477

Kayla Gorski
603-770-4434

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3a7ac6aa-2480-4976-956e-86ddefa281f3

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Array Technologies Releases 2021 Environmental, Social and Governance Report

Image for Array Technologies Releases 2021 Environmental, Social and Governance Report

  • Achieved 13% Reduction in Water Usage and 12% Increase in Volume of Recycled Aluminum
  • Targets Environmental and Diversity Goals for 2025
  • Moves Toward Alignment with the Global Frameworks for Enhanced Transparency

ALBUQUERQUE, N.M., June 22, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDQ: ARRY) (“Array” or “the Company”) has released its 2021 Environmental, Social and Governance (ESG) report that provides the renewable energy company’s mid-term ESG goals and its advances in reducing its environmental footprint.

“Sustainability is the foundation of our business, motivating us to create products that improve the efficiency of solar photovoltaic arrays and helping to enable the critical transition to a low-carbon renewable energy future. In parallel with our environmental actions, Array’s governance recognizes the tantamount importance of advancing social actions for our workforce and the world at large,” said Array Technologies chief commercial officer Erica Brinker. “With our 2021 ESG report, we are providing more rigor and transparency by progressing toward widely recognized global ESG benchmarking frameworks.” 

The 2021 report also references the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI) and the Taskforce of Climate-Related Financial Disclosures (TCFD) frameworks to further our engagement with stakeholders across the ESG spectrum who increasingly seek more standardized reporting. Later this year, Array will also undertake its first materiality assessment to better illustrate its ESG priorities.

Also significant in this year’s report is the establishment of goals to be achieved by year-end 2025:

  • Deliver an additional 90,000 MW of solar power
  • Reduce direct emissions intensity 30% from baseline year 2021
  • Source 50% of our direct energy consumption from renewable energy sources
  • Increase total workforce woman representation by 10% from baseline year 2021
  • Increase non-executive management racial and ethnic minority representation by 10% from baseline year 2021
  • Increase board woman representation 22% from baseline year 2021

This is the second ESG report since Array became a public company in the fourth quarter of 2020. The 2021 ESG report release follows the announcement that Array joined the UN Global Compact, which established the 17 Sustainable Development Goals that focus on water, energy, environment, urbanization, transportation, science and technology, health and education, economic growth, and equality.

Array is a leading global renewable energy company and provider of utility-scale solar tracking technology. Array’s utility-scale solar hardware and software maximize energy production and enable expansion of renewable energy worldwide. In January of 2021, Array Technologies acquired STI Norland, a Pamplona, Spain-based utility-scale solar tracker company.

About Array Technologies, Inc.
Array Technologies (NASDAQ: ARRY) is a leading global renewable energy company and provider of utility-scale solar tracking technology. Engineered to withstand the harshest conditions on the planet, Array’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, Array relies on its diversified global supply chain and customer-centric approach to deliver, commission and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy. For more news and information on Array, please visit arraytechinc.com and stinorland.com.

Forward Looking Statements
This press release contains forward looking statements. These statements are not historical facts but rather are based on the Company's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward looking statements as a result of a number of factors. There may be additional risks that the Company does not presently know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views only as of the date of this press release. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact:
Karen Rand 
505-314-6901
krand@arraytechinc.com

Investor Relations Contact:
505-437-0010 
investors@arraytechinc.com

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