Posts

Poll shows Canadian women concerned that pandemic workplace accommodations won’t last

TORONTO, June 15, 2022 (GLOBE NEWSWIRE) -- Fewer Canadian women are working full-time – 62 per cent, compared to 70 per cent before the COVID-19 pandemic – and nearly half say they are likely to quit their jobs if asked to return to the office full-time.

The Prosperity Project’s 5^th Canadian Household Perspectives survey found the vast majority of women (91 per cent) would prefer most or at least part of their work to be done remotely moving forward.

Conducted by Pollara Strategic Insights in partnership with CIBC and Enterprise Canada in mid-May of this year, the online survey canvassed 800 employed women across the country.

“As organizations create post-pandemic work strategies, this research sheds light on what women are thinking and feeling about work and their careers. A majority would like the flexibility offered during the pandemic to continue, specifically the option to work remotely some of the time,” said Andrea Spender, CEO of The Prosperity Project, a registered charity created to ensure Canadian women are not left behind in the COVID-19 recovery.

Overall, the research shows mixed views on the impact of the pandemic, with 35 per cent of respondents saying their careers are in a better place now, compared to 29 per cent who said they are worse off than two years ago and 36 per cent saying their career condition has not changed.

Opinions were also mixed on what the end of the pandemic could mean for career prospects, with nearly a third (29 per cent) of respondents optimistic that there will be more opportunities ahead and a quarter (24 per cent) believing there will be fewer opportunities. However, the research shows many Canadian women are concerned that the better paying and higher level jobs are more likely to be offered to men than to themselves.

A plurality (44 per cent) of women are excited about their career prospects, while one-third (33 per cent) are not.

While 73 per cent of respondents acknowledged that employers were more accommodating during the pandemic, a similar proportion (72 per cent) expect employers to put the priority on in-person office work going forward. Nearly 60 per cent feel they will have to choose between their career and their family – at a time when almost half (46 per cent) said the pandemic has increased their responsibilities at home.

Nearly two-thirds (63 per cent) said they would turn down promotions in order to keep working from home. Most alarmingly, 45 per cent are more likely to quit their jobs if working from home at least part of the time is not an option.

“We learned important lessons about workplace flexibility during the pandemic, and we must continue to heed those lessons,” said Pamela Jeffery, founder of The Prosperity Project. “Canada’s economic growth needs women contributing. Enabling women to balance their careers and home responsibilities – through hybrid home/office work and other adjustments, with equal opportunity for promotion and advancement – is a critical priority.”

Other highlights from the poll:

• Working from Home – All of the women surveyed were working full-time in January 2019. During the pandemic, almost half (46 per cent) went from working outside the home to working from home. Of those who started working remotely, 71 per cent continue to work from home at least part of the time, with 28 per cent returning to work in-person at the office most or all of the time.
• Home/Office Preferences – The vast majority (91 per cent) of women surveyed want to work remotely at least part of the time. Almost three-quarters (73 per cent) of women would prefer to work from home all (42 per cent) or most (31 per cent) of the time. One-fifth (22 per cent) would rather spend all (9 per cent) or most (13 per cent) of their work time in the office.
• Barriers – For half (52 per cent) of the working women with kids under 18, balancing their career with being a good parent is the major barrier. Only a sixth (16 per cent) said it is not a barrier at all. Work-life balance is cited as a barrier for almost two-thirds (64 per cent) of the women surveyed.
• Finances – Views on women’s financial situations were almost evenly split: 33 per cent said they are in a better place in terms of their finances, with almost an equal number (37 per cent) saying they are in a worse place, and 30 per cent reporting no change in their finances. Younger women are likely to be in a better place with their finances (46 per cent for those aged 18-34, versus 30 per cent for the 35-54 age group and 20 per cent for 55+).
• Advancement – In terms of career advancement, 28 per cent of working women are considering but not actively looking to advance, 22 per cent are actively looking, and 19 per cent said they could be open to advancement if the right opportunity came along. Racialized women are more likely to be actively looking to advance their careers (31 per cent).
• Return to In-Person Office Work – Half of the respondents believe they will be returning to working in the office, either with a hybrid model (31 per cent) or in the office full-time (23 per cent), while 8 per cent said their employer no longer has an office, and 17 per cent believe they will have a choice where they want to work. Approximately half of the women surveyed (51 per cent) are fine with their organization’s plan regarding going back to the office. A fifth (19 per cent) said it is not exactly what they want, but they aren’t concerned about it, and 18 per cent are concerned about how they will make it work.
• Childcare – Those working from home during the pandemic and having kids under 12 are somewhat (37 per cent) to very (24 per cent) concerned about going back to work in-person. Younger women are most likely to be concerned about going back into the office. More than half of the women surveyed (55 per cent) are primarily responsible for child care. Only 7 per cent said their partner/spouse are responsible and over a third (35 per cent) share the responsibilities equally.

“This research tells us some changes brought about by the pandemic were actually improvements for working women, but there’s still uncertainty about whether they’re permanent,” said Pollara Senior Vice-President Lesli Martin. “Amid this uncertainty, many Canadian working women are understandably apprehensive about their future.”

On behalf of The Prosperity Project, Pollara Strategic Insights conducted an online survey among a randomly-selected, reliable sample of N=800 Canadian Women above 18 years who are working. The field window was May 12 to May 17, 2022. As a guideline, a probability sample of N=800 carries a margin of error of ± 3.5, 19 times out of 20. The margin of error is larger for sub-segments. The dataset was weighted by the most current age and region Census data, to ensure the sample reflects the actual population of women in Canada.

This survey is part of The Prosperity Project’s Canadian Households’ Perspective on the New Economy initiative. Partner organizations in the initiative are CIBC, Enterprise Canada and Pollara Strategic Insights.

About The Prosperity Project

Launched in May 2020, The Prosperity Project is a volunteer-driven, registered charity conceived by a diverse group of 62 female leaders from across the country – women who have historically made a difference and are committed to continuing to promote positive change as active participants in The Prosperity Project.

The organization was founded by Pamela Jeffery, founder of the Women’s Executive Network and Canadian Board Diversity Council. The Prosperity Project is taking action to explicitly link women and prosperity, underscoring the economic importance of gender equality. Specific initiatives include an awareness campaign – modelled on the famous “Rosie the Riveter” campaign from World War II – to promote women’s workforce participation and advancement and a matching program connecting registered charities with business expertise to bolster these organizations’ in-house skills and expertise.

Visit The Prosperity Project website at www.canadianprosperityproject.ca.

Contact:
Lindsay Ranson
(613) 292-6630
lindsay.ranson@canadianprosperityproject.ca

CNH Industrial has published the companion guide to its 2021 Sustainability Report, A Sustainable Year. The publication is also available as an interactive online magazine. Visit publications.cnhindustrial.com/a-sustainable-year-2021 to learn more about how the Company and its people proactively work to make the world a better place.

London, June 14, 2022

CNH Industrial (NYSE: CNHI / MI: CNHI) has redoubled its commitment to a more sustainable future, as evidenced by the sixth edition of A Sustainable Year which highlights a selection of sustainability initiatives accomplished in 2021.

It complements the earlier publication of the 2021 Sustainability Report, providing a reader-friendly snapshot of the Company’s major social, economic, and environmental activities as well as its strategic sustainability targets.

A Sustainable Year showcases some of the projects and initiatives that are enabling CNH Industrial to pursue its sustainability strategy. Highlights include CASE Construction Equipment’s beach care project to tackle plastic waste and raise awareness, and the Company’s program to install solar panels on the roofs of all manufacturing plants by 2030. It also details the New Holland brand’s e-Source, a new plug-in system which transforms mechanical energy generated by a tractor into electricity to power implements, consequently reducing carbon emissions, improving safety standards, and saving fuel.

Furthermore, the publication provides updates on how the Company is engaged with its people and communities at large, promoting Diversity and Inclusion initiatives and supporting its customers on their own sustainability journeys.

These stories are testament to CNH Industrial's leading role in corporate sustainability. The Company continues to be acknowledged for its commitment, including 11 consecutive years of being named as an Industry Top Scorer in the Dow Jones Sustainability World and Europe Indexes.

Download the latest edition of A Sustainable Year in PDF HERE
Peruse the interactive version HERE

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland Agriculture supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 37,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Media contacts:

Rebecca Fabian	Anna Angelini
North America	United Kingdom
Tel. +1 312 515 2249	Tel. +44 (0)7725 826 007

mediarelations@cnhind.com

Attachments

• 20220614_PR_CNH_Industrial_ASY
• A Sustainable Year 2021

SUNNYVALE, Calif., June 14, 2022 (GLOBE NEWSWIRE) --

Barbara Maigret, Global Head of Sustainability & CSR at Fortinet
“At Fortinet, we understand the importance of making sustainability integral to our business model. 2021 was the year for defining our strategy and planning the company’s journey for the medium- to long-term. With our inaugural sustainability report, we aim to increase transparency on progress to date and allow our stakeholders – including customers, partners, employees, suppliers, shareholders, and communities – to better understand our corporate social responsibility approach, leading with ambition towards a more sustainable world and safer internet.”

News Summary 
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced its inaugural Sustainability Report, detailing the company’s sustainability strategic framework, initiatives, and key performance metrics. The company plans to share updated progress on an annual basis.

Following a materiality assessment conducted in 2021 to identify and prioritize the Environmental, Social and Governance (ESG) issues that are most significant to Fortinet’s business and to its stakeholders, the company defined the following four main areas of impact:

• Innovating for a safe internet: Fortinet is committed to advancing cybersecurity, driving digital progress and creating a trustworthy and safe digital world. The company delivers on this commitment through innovation, community engagement and partnerships. Fortinet has continued to innovate on the industry’s broadest portfolio of cybersecurity solutions adding eight new product families in 2021 only. Fortinet also regularly engages with numerous industry associations and groups, contributing to standardization and interoperability while also sharing actionable threat intelligence with organizations such as the Cyber Threat Alliance (CTA), the World Economic Forum (WEF)’s Center for Cybersecurity and INTERPOL. Through these partnerships, Fortinet is working to combat cybercrime and help mitigate future cyberthreats.
• Respecting the environment: Fortinet is committed to environmentally responsible behavior by reducing the footprint of its products and solutions, adopting responsible approaches to its daily business operations, and helping its broader value chain progress toward circularity. In 2021, Fortinet publicly announced its commitment to carbon neutrality by 2030 using renewable energy, energy and carbon efficiency methodologies, and emission offset programs. This target is relative to Scope 1 and Scope 2 emissions resulting from the company’s owned facilities worldwide, in alignment with the Science Based Target Initiative (SBTi). Fortinet’s other environmental efforts include the introduction of biodegradable packaging to the company’s first class of products, reduction of the company’s waste and reduction in energy consumption. Through these initiatives, the company ensures that each generation of Fortinet products consume less energy than the prior generation. This is the case with the FortiGate F series, where energy consumption has been reduced by an average of 61%.
• Growing an inclusive cybersecurity workforce: Fortinet is committed to fostering a diverse, equitable and inclusive culture. Fortinet’s team represents a broad range of cultures, demographics and professional backgrounds, enriching the company culture and driving its success. As part of its ongoing commitment to transparency and to bringing more women into the cyber workforce, the company has released its workforce data in 2021 and highlighted an increase of 71.6% on its women hires compared to 2020. Fortinet is also focused on reducing the cybersecurity skills gap across a wide and diverse range of audiences. The company is committed to raising awareness on the benefits of cybersecurity careers and improving opportunities for under-represented groups through its Education Outreach program and training offered through the Fortinet Training Institute. As a result, in 2021, Fortinet bolstered its commitment to address the cybersecurity skills gap by pledging to train one million people globally across the next five years.
• Promoting responsible business: Fortinet employs corporate governance practices to do business ethically and work diligently to ensure compliance with all laws and in respect of human rights. Those practices are overseen by Fortinet’s Board of Directors and reviewed by our internal cross-functional Ethics Committee. We expect our employees, suppliers and partners to do their part in helping us build a highly ethical and reputable business by understanding and complying with all Fortinet’s policies, including our anti-corruption policy, our Code of Business Conduct and Ethics and privacy policy. Fortinet has issued a dedicated Human Rights Policy to reinforce its commitment for responsible product use and ethical business across its value chain.

Fortinet’s Sustainability Report references the Global Reporting Initiative (GRI) Standards, Sustainability Accountability Standards Board (SASB) Standards and the United Nations Sustainable Development Goals (UN SDGs). The report provides details and metrics on the following eight priority issues: cybersecurity risks to society; information security & privacy; product environmental impacts; environmental management & climate change impacts; diversity, equity and inclusion; cybersecurity skills gap; business ethics; and responsible product use.

Additional Resources

• Read the full 2021 Fortinet Sustainability Report
• Learn more about Fortinet’s Corporate Social Responsibility vision and approach.
• Engage in the Fortinet User Community (Fuse). Share ideas and feedback, learn more about our products and technology, and connect with peers.
• Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on YouTube.

About Fortinet
Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 580,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

FTNT-O

Copyright © 2022 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNDR, FortiNAC, FortiPartner, FortiPenTest, FortiPhish, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiSASE, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.
Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

Media Contact:	Investor Contact:	Analyst Contact:
Stephanie Lira	Peter Salkowski	Rebecca Bergman
Fortinet, Inc.	Fortinet, Inc.	Fortinet, Inc.
408-235-7700	408-331-4595	650-554-0941
pr@fortinet.com	psalkowski@fortinet.com	analystrelations@fortinet.com

MANITOWOC, Wis., June 14, 2022 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and control systems, including turnkey project implementation, program management and system maintenance, announced it has released the company’s first annual Environmental, Social and Governance (ESG) report, highlighting progress in its FY 2022 year ended March 31, 2022. The report is now available on Orion’s website.

Orion’s ESG mission is to help its customers achieve their sustainability, energy savings, and carbon footprint reduction goals through innovative technology and exceptional service. Orion works to develop and install products that offer more light with less energy consumption.

Mike Altschaefl, Orion’s CEO, commented, “I am proud to introduce Orion Energy Systems’ debut review of our ESG priorities, goals and progress. While many of these concepts have been at the forefront of our business for many years, we recognized the need to provide our stakeholders with an annual review of our thinking and progress, which resulted in this report.

“A core value that drives our ESG thinking is a one team mentality – meaning Orion as a whole is just the collective sum of all of our employees and people. As a team, we embrace innovation and change that leverages the benefits of new technology to meet our customers’ evolving needs with enhanced efficiency, safety, and a reduced environmental impact.”

In FY 2022, Orion helped customers reduce their production of carbon dioxide by 240,627 tons through reduced electricity consumption enabled by the installation of Orion LED lighting systems. This carbon reduction is equivalent to the impact of planting 96,972 trees. Orion also recycled approximately 92% of the materials used in its manufacturing process.

The ESG report also highlights Orion’s commitment and investment in renewable energy. Orion currently produces 10% of its energy needs through onsite solar and wind turbine renewable energy sources.

In terms of social responsibility, in addition to the energy efficiency of Orion products, the report details some of the Company’s charitable and humanitarian work, as well as the promotion of active involvement in community and company-sponsored volunteer programs. Orion also encourages a work-life balance for employees, offers tuition reimbursement, and embraces a safety first mentality in the workplace that has resulted in no lost-time incidents in Orion facilities for more than five years.

The report also highlights Orion’s corporate governance principles with a commitment to best practices and diversity throughout the company, including in management positions and on the Board of Directors. Women currently make up 44% of Orion’s workforce, which is 14% more than the national average for manufacturing companies. The report concludes by citing several enhancements to the Company’s corporate governance policies enacted in FY 2022, related to executive compensation, severance pay and shareholder rights.

About Orion Energy Systems
Orion provides innovative LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT systems, as well as ongoing system maintenance and program management. We help our customers achieve energy savings with healthy, safe and sustainable solutions, enabling them to reduce their carbon footprint and digitize their business.

Follow us:
Twitter: @OrionLighting and @OrionLightingIR
StockTwits: @Orion_LED_IR

Marketing Contact
Steve Paulus, Director, Marketing and Communications
Orion Energy Systems, Inc.
spaulus@oesx.com
(920) 239-8007

Investor Relations Contacts

Per Brodin, CFO	William Jones; David Collins
Orion Energy Systems, Inc.	Catalyst IR
pbrodin@oesx.com	(212) 924-9800 or OESX@catalyst-ir.com

Company continues to take deliberate and defined action to achieve its sustainability goals

CALGARY, Alberta, June 14, 2022 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today will showcase the Company’s progress on Environmental, Social and Governance (ESG) matters at its inaugural ESG Forum.

The Company continues to take deliberate and defined action to achieve its sustainability goals, including its climate-related goals to reduce emissions intensity from operations 30 per cent by 2030 and to position to achieve net zero emissions by 2050. Some of the Company’s latest ESG highlights include:

• Joined the UN Global Compact – the world’s largest corporate sustainability initiative that is aligning companies’ actions with universal principles on human rights, labour, the environment and anti-corruption.
• Appointed Cheryl Campbell as a new independent Director to the Board on June 7, 2022 – Cheryl brings extensive experience in the midstream energy sector and is the Company’s fifth female Board member. This brings TC Energy’s female Board representation to 38 per cent, exceeding its 30 per cent target.
• And, this week, the Company will begin off-taking renewable power under a new power purchase agreement (PPA) with Elemental Energy, whose new 20 MW solar power generation facility in Strathmore, Alberta, starts operations on June 15. Our 15-year PPA further enhances TC Energy’s suite of low-carbon product offerings to our customer base in Alberta.

Today’s event will include presentations from François Poirier, President & CEO, other members of the executive leadership team, and leaders at the forefront of the Company’s energy transition strategy.

Comments from François Poirier, President and CEO
“The challenge we face globally is to achieve a transition to cleaner energy while meeting the world’s ongoing demand and prioritizing a strong commitment to all ESG pillars. Because of our dominant incumbent position, energy transition is a significant catalyst for our next wave of growth. We have an immense opportunity to leverage our competitive strengths and be a leader in finding solutions.

“We are also further embedding ESG into our strategy and decision making. We are finding meaningful ways to work with stakeholders and communities, attract top talent and empower our people – all while continuing to deliver sustainable shareholder returns and long-term value.”

Significant advancements across the ESG spectrum
In the first half of 2022, TC Energy has made additional advancements towards ESG and energy transition goals including:

Environmental

• Began evaluating a plan for a hydrogen production hub in Crossfield, Alberta, together with partner Nikola Corporation (Nasdaq: NKLA). The Company highlighted its plan during the first-ever Canadian Hydrogen Convention in Edmonton, Alberta, in April.
• Initiated a collaboration with GreenGasUSA to explore development of transportation hubs for renewable natural gas (RNG) from sources including farms, wastewater treatment facilities and landfills.
• Advanced the proposed Alberta Carbon Grid (ACG) project, a collaboration with Pembina Pipeline Corporation (TSX: PPL). In March, the Government of Alberta confirmed that the ACG project will move forward into the next stages of the province’s CCUS process.
• Continued investing in emerging technologies such as Carbon Clean’s innovative carbon capture technology for heavy industry. The Company views the Carbon Clean technology as highly promising to reduce GHG emissions on many of its current assets.
• Continued to progress a $25 billion secured capital program, which includes projects to modernize and electrify current systems, displace higher emissions fuel sources with cleaner-burning natural gas, and provide enhanced access to overseas LNG markets.

Social

• Announced signing of option agreements to sell a 10 per cent equity interest in the Coastal GasLink Pipeline Limited Partnership to Indigenous communities across the project corridor. The equity option recognizes the important relationship that TC Energy and Coastal GasLink have with the Indigenous groups along the approved pipeline route and the desire to be true partners.

Governance

• Further connected ESG and energy transition to the Company’s business strategy through its corporate scorecard. For 2022, scorecard weightings, which have a direct impact on executive and all employees’ compensation, are: 25 per cent for progressing ESG priorities, including safety; 50 per cent for delivering financial results; and 25 per cent for advancing other key strategic priorities, including growth and energy transition.

Watch live
To find out more, please watch today’s ESG Forum, from 6:00 a.m. to 7:45 a.m. MDT (8:00 a.m. to 9:45 a.m. EDT). A live webcast of the event, along with presentation materials, is available through the Investors section of TC Energy’s website at Events and Presentations - ESG Forum 2022.

The webcast will also be available on our website for replay following the event.

Learn more
To learn more about TC Energy’s ESG and sustainability practices, goals and metrics, please visit www.tcenergy.com/ESGDirectory

About TC Energy
We’re a team of 7,000+ energy problem solvers working to move, generate and store the energy North America relies on. Today, we’re taking action to make that energy more sustainable and more secure. We’re innovating and modernizing to reduce emissions from our business. And, we’re delivering new energy solutions – from natural gas and renewables to carbon capture and hydrogen – to help other businesses and industries decarbonize too.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including statements related to climate-related risks, climate-related opportunities, GHG intensity reduction targets, GHG emission reduction targets, the installation, adoption and integration of new technologies into our business, including hydrogen production hubs and transportation hubs for RNG, and management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. In addition, there are risks that the effect of actions taken by us in implementing targets, commitments and ambitions for sustainability may have a negative impact on our existing business, growth plans and future results from operations. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.

-30-

Media Inquiries:
Jaimie Harding / Hejdi Carlsen
media@tcenergy.com
403-920-7859 or 800-608-7859

Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522

PDF available: http://ml.globenewswire.com/Resource/Download/25e1d97c-a19a-46b0-98c9-0483d274e4d3

A video accompanying this release is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/ff8996cf-af66-48e4-a0d7-e319cb701183

All amounts are in United States dollars, unless otherwise stated.

TORONTO, June 13, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce its Company target of a 30% reduction in absolute GHG emissions by 2030 from the 2020/2021 average baseline year. This target includes scope 1 and scope 2 GHG emissions, inclusive of all GHG emissions covered by the Kyoto Protocol¹. This is a significant milestone in Alamos’ sustainability journey and considered a credible target² by definition of the Carbon Disclosure Project (“CDP”).

Alamos is already an industry leader in GHG emission intensity with an average of 0.38 tCO₂e per ounce of gold produced across its three operating mines (base year 2020/2021), 43% lower than the mining industry average of 0.67 tCO₂e per ounce of gold.

A chart accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/838ec66d-d8d7-4196-9e99-6b9308abadd1

Ref. S&P Global Market Intelligence, ‘Greenhouse gas and gold mines – Emissions intensities unaffected by lockdowns’, https://www.spglobal.com/marketintelligence/en/news-insights/blog/greenhouse-gas-and-gold-mines-emissions-intensities-unaffected-by-lockdowns

________________________
_{¹ Greenhouse gases include carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF6)
² Covering at least 70% of emissions set between 5-15 years, or have been validated by SBTi (Science Based Targets initiative)}

The 30% absolute reduction in GHG emissions will decrease Alamos’ emission intensity by 55%. This includes the development of the Lynn Lake project, which is expected to begin producing within the target period.

As part of the Company’s emission reduction strategy, Alamos developed an Energy and Greenhouse Gas Management Standard in support of its Sustainability Performance Management Framework. This included completing Energy and Carbon Management System assessments at its operating sites to develop a baseline for its existing Energy Management programs. Alamos reviewed and costed over 30 different GHG emission reduction opportunities across the organization and utilized a Marginal Abatement Cost Curve to prioritize the projects that will support the achievement of its emission reduction target.
  
Options investigated included renewable energy and clean grid capacity, green fleet (hybrid or battery electric vehicles), electrification of process, and conversion to cleaner fuels. Electric conveyance systems were installed during the lower mine expansion at the Young-Davidson Mine reducing the Company’s reliance on diesel consumption and the Company is working to connect to grid power at the Mulatos Mine to offset diesel power generation. The Company is also considering increasing use of biodiesel vs. conventional diesel at all operations, and replacing propane with compressed natural gas for mine-air heaters at underground operations.

The Company’s target to reduce GHG emissions is in support of Canada’s Paris Accord Commitment and the World Gold Council’s (WGC) commitment for members to adopt the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD).

Alamos’ GHG emission information can be found within its Annual ESG reports which are available on the Company’s website at www.alamosgold.com. Scope 3 emissions are currently estimated by Alamos and will be considered as part of our reduction strategy in the near future. No offsets are included in emission projection calculations. Alamos is committed to producing a Climate Change report aligned with the TCFD disclosure recommendations, which will outline how the Company intends to achieve its 2030 goal to reduce absolute emissions by 30% from a 2020/2021 average baseline year.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons 
Vice President, Investor Relations
(416) 368-9932 x 5439

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements

This press release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "anticipate", "intend", "estimate", “potential”, “target”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.

Such statements in this press release include, but may not be limited to: information as to strategy, plans or future performance such as expected development of and production from the Lynn Lake project and timelines related thereto; intended connection to grid power at the Mulatos Mine to offset diesel power generation; potential increased use of biodiesel instead of conventional diesel at all operations; potential use of compressed natural gas for mine-air heaters at underground operations instead of propane; target reductions in GHG emissions; estimated scope 3 emissions and their intended consideration as part of the Company’s reduction strategy; and the intended production of a Climate Change report aligned with TCFD disclosure recommendations; and all other statements that express management’s expectations or estimates of future plans and performance.

Alamos cautions that forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company at the time of making such statements, are inherently subject to significant business, economic, technical, legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information.

Such factors and assumptions underlying the forward-looking statements in this press release include, but are not limited to: operations may be exposed to new diseases, epidemics and/or pandemics, including the effects and potential effects of the ongoing global COVID-19 pandemic; the impact of the ongoing COVID-19 pandemic on the broader market and the trading price of the Company's shares; provincial and federal orders or mandates (including with respect to mining operations generally or auxiliary businesses or services required for the Company’s operations) in Canada, Mexico, the United States and Turkey; government and the Company’s attempts to reduce the spread of COVID-19 which may affect many aspects of the Company's operations including the ability to transport personnel to and from site, contractor and supply availability and the ability to sell or deliver gold doré bars; fluctuations in the price of gold or certain other commodities such as, diesel fuel, natural gas, and electricity; changes in foreign exchange rates (particularly the Canadian Dollar, Mexican Peso, U.S. Dollar and Turkish Lira); the impact of inflation; changes in the Company's credit rating; any decision to declare a quarterly dividend; employee and community relations; litigation and administrative proceedings; disruptions affecting operations; availability of and increased costs associated with mining inputs and labour; delays in permitting; delays in construction decisions and any development of the Lynn Lake project; the risk that the Company’s mines may not perform as planned; uncertainty with the Company’s ability to secure additional capital to execute its business plans; the speculative nature of mineral exploration and development, including the risks of obtaining and maintaining necessary licenses and permits, including the necessary licenses, permits, authorizations and/or approvals from the appropriate regulatory authorities for the Company’s development stage and operating assets; labour and contractor availability (and being able to secure the same on favourable terms); contests over title to properties; expropriation or nationalization of property; inherent risks and hazards associated with mining and mineral processing including environmental hazards, industrial hazards, industrial accidents, unusual or unexpected formations, pressures and cave-ins; changes in national and local government legislation (including tax and employment legislation), controls or regulations in Canada, Mexico, Turkey, the United States and other jurisdictions in which the Company does or may carry on business in the future; increased costs and risks related to the potential impact of climate change; failure to comply with environmental and health and safety laws and regulations; disruptions in the maintenance or provision of required infrastructure and information technology systems; risk of loss due to sabotage, protests and other civil disturbances; the impact of global liquidity and credit availability and the values of assets and liabilities based on projected future cash flows; risks arising from holding derivative instruments; and business opportunities that may be pursued by the Company.

Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release are set out in the Company's latest 40-F/Annual Information Form under the heading “Risk Factors”, which is available on the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information, risk factors and assumptions found in this press release.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

TORONTO, June 10, 2022 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it issued its third annual Environmental, Social, and Governance (“ESG”) Report providing an overview of the company’s ESG strategies, policies, and commitments, and highlighting the progress made in 2021.

“Our ESG strategies reflect our understanding that the evolving global market has introduced new opportunities for value creation. Our integrated ESG programs help us proactively capitalize on these opportunities, and we will continue to prudently invest in our properties, our team, and the communities in which we operate,” commented Mark Kenney, President and CEO. “Through these strategic alignments, we believe we will generate enhanced returns for our Unitholders while making meaningful contributions to our communities and the environment.”

Highlights of CAPREIT’s 2021 ESG Report include:

• Investing over $20 million in energy efficiency initiatives.
• Achieving an 11% energy consumption reduction and a 10% reduction in GHG emissions since 2010.
• Ranking in the Top Quartile of the Best Employers Program for the 8th consecutive year.
• Continuing to foster a culture of equality, diversity, and inclusion by delivering best-in-class programs for our employees and residents.
• Establishing a formal Compliance & Ethics program enhancing governance practices.
• Developing a new and refined ESG Strategy aligned with Elevation 2023, our core business growth strategy.

Our 2021 ESG Report can be found by visiting the CAPREIT website at www.capreit.ca.

ABOUT CAPREIT
CAPREIT is Canada's largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in approximately 67,000 residential apartment suites, townhomes and manufactured housing community sites well-located across Canada and the Netherlands with approximately $18 billion of assets under management globally. For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosure which can be found under our profile at www.sedar.com.

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
All statements in this press release that do not relate to historical facts constitute forward-looking statements. These statements represent CAPREIT's intentions, plans, expectations and beliefs and are subject to certain risks and uncertainties that could result in actual results differing materially from these forward-looking statements. These risks and uncertainties are more fully described in regulatory filings that can be obtained on SEDAR at www.sedar.com.

For more information, please contact:

CAPREIT Mr. Mark Kenney President & CEO (416) 861-9404

CAPREIT Mr. Stephen Co Interim Chief Financial Officer (416) 306-3009