Resolution receives most votes of multiple resolutions considered by the company.
WASHINGTON, May 27, 2022 (GLOBE NEWSWIRE) -- This week, at Amazon’s annual meeting, 48% of the company’s shareholders voted in favor of a resolution asking the e-commerce giant to address its growing plastic packaging problem, falling just short of a majority. The resolution was presented by Conrad MacKerron, Senior Vice President of As You Sow, the non-profit organization that filed the resolution. The resolution, which called for the company to issue a report on its plastic packaging footprint and commit to reducing that footprint going forward, received the most support of any of the multiple resolutions considered at the meeting, with 181,296,823 votes in favor.
Oceana’s Senior Vice President Matt Littlejohn said, “Nearly half of Amazon shareholders have spoken up for the oceans, sending a clear message that it’s time for the company to address its contribution to the plastic pollution problem. Amazon’s plastic packaging – as Oceana’s most recent report indicated – grew by nearly 29% in just one year. Sea turtles and other ocean animals often mistake plastic for food, which can ultimately prove fatal. Amazon is a data-driven company and has indicated to Oceana that it already measures its plastic use. It’s time for the company to be transparent about its plastic packaging and commit to quantifiable and time-bound company-wide goals to reduce it.”
Ahead of this year’s meeting, Oceana called on Amazon employees (who are also company shareholders) on the ground at Amazon’s headquarters in Seattle and Arlington, VA to win support for the resolution. The campaign featured photos of ocean animals eating or being covered by ocean plastic along with the headline “AMZN: Less plastic, please.” This effort included canvassers, mobile billboards, 1,000-yard signs, 500 posters, and a LinkedIn campaign. Oceana also sent a letter to Amazon shareholders outlining five reasons to support this resolution and created a dedicated website for the endeavor.
Additionally, Oceana rallied support for the resolution from Signatories to the UN Principles for Responsible Investment (PRI). Many of the institutional investors owning Amazon shares are members of the PRI and have pledged to seek disclosure on Environmental, Social and Governance (ESG) issues by the companies they invest in. Oceana called on these investors to honor their commitment to the PRI and vote in favor of the resolution, which would seek such disclosure on plastic pollution – an immensely important ESG issue. Three of these companies publicly declared their intent to support the resolution.
Providing rationale for voting in favor of the resolution, EFG Asset Management stated, “Concern over the environmental damage caused by plastics is rising and regulations are likely to go into force in a number of jurisdictions that would limit the amount of single-use plastic packaging that can be used. Such additional disclosure as is being requested by the proponent would help shareholders gauge whether the company is appropriately managing risks related to the creation of plastic waste.”
Click here for images of Oceana’s “AMZN: Less plastic, please” campaign in support of the resolution.
To learn more about Oceana’s campaign urging Amazon to address its plastic footprint, reduce plastics, and offer plastic-free alternatives to customers, please visit oceana.org/PlasticFreeAmazon. To find out about Oceana’s campaigns to end the ocean plastic pollution crisis, go to oceana.org/plastics.
Oceana is the largest international advocacy organization dedicated solely to ocean conservation. Oceana is rebuilding abundant and biodiverse oceans by winning science-based policies in countries that control one-third of the world’s wild fish catch. With more than 225 victories that stop overfishing, habitat destruction, pollution, and the killing of threatened species like turtles and sharks, Oceana’s campaigns are delivering results. A restored ocean means that 1 billion people can enjoy a healthy seafood meal, every day, forever. Together, we can save the oceans and help feed the world. Visit www.oceana.org to learn more.
Contact: Anna Baxter abaxter@oceana.org
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d496909a-2221-43f9-b851-828e280a5988
https://www.globenewswire.com/NewsRoom/AttachmentNg/063a170d-7f79-4c30-99b6-0606f9086230
All amounts expressed in US dollars
DAR ES SALAAM, Tanzania, May 27, 2022 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced today that it would spend $6 for every ounce of gold sold by its two mines in the country on improving healthcare, education, infrastructure and access to potable water in the communities around them.
At the same time, it has committed up to $70 million for investment in value-adding national projects, including mining-related training, skills development and scientific facilities at Tanzanian universities, as well as road infrastructure.
This is in accordance with the conditions underlying Barrick’s framework agreement with the government, which included the establishment of their Twiga joint venture. Twiga oversees a 50/50 split of the economic benefits generated by the mines as well as their management.
Barrick president and chief executive Mark Bristow said today the investment program was the latest evolution of the company’s very successful partnership with the government.
“Since we took over the Tanzanian mines from their previous operator in 2019, we have rebuilt relations with the state and renewed our social licence to operate here. North Mara has been redesigned as an integrated underground/open pit mine and Bulyanhulu has been resuscitated as a long-life underground mine. Together they are expected to produce more than 500,000 ounces1 of gold per year at the lower end of the cost spectrum,” he said.
Barrick has spent more than $1.9 billion in taxes, salaries and payments to local businesses over the past two years. At least 73% of the mines’ goods and services are sourced locally and they give preference to the employment of Tanzanian nationals.
Barrick has to date also paid the government $140 million of the $300 million settlement included in the framework agreement.
Barrick Enquiries
Investor and media relations Kathy du Plessis +44 20 7557 7738 Email: barrick@dpapr.com |
Country manager, Tanzania Georgia Mutagahywa +255 754 711 215 Email: georgia.mutagahywa@barrick.com |
Head of sustainability, AME Hilaire Diarra +223 66 75 08 44 Email: Hilaire.diarra@barrick.com |
Website: www.barrick.com
Endnote 1
On a 100% basis.
Cautionary Statement on Forward-Looking Information
Certain information contained or incorporated by reference in this press release, including any information as to our strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “would”, “commit”, “advance”, “generate”, “expect”, “will”, “continue” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to: planned investments by Barrick in Tanzania including to develop healthcare, education and infrastructure; Barrick’s partnership with the Government of Tanzania under the framework agreement; Barrick’s contributions to the local economy, including local content programs and spending as well as anticipated contributions to value-adding national projects; and expected production and cost levels for the North Mara and Bulyanhulu mines on a combined basis.
Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by the Company as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic, 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 include, but are not limited to: fluctuations in the spot and forward price of gold, copper, or certain other commodities (such as silver, diesel fuel, natural gas, and electricity); the speculative nature of mineral exploration and development; changes in mineral production performance, exploitation, and exploration successes; risks associated with projects in the early stages of evaluation, and for which additional engineering and other analysis is required; failure to comply with environmental and health and safety laws and regulations; timing of receipt of, or failure to comply with, necessary permits and approvals; uncertainty whether some or all of the targeted investments and projects will meet the Company’s capital allocation objectives and internal hurdle rate; changes in national and local government legislation, taxation, controls or regulations and/ or changes in the administration of laws, policies and practices, expropriation or nationalization of property and political or economic developments in Tanzania and other jurisdictions in which the Company or its affiliates do or may carry on business in the future; damage to the Company’s reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Company’s handling of environmental matters or dealings with community groups, whether true or not; risks associated with new diseases, epidemics and pandemics, including the effects and potential effects of the global Covid-19 pandemic; litigation and legal and administrative proceedings; employee relations including loss of key employees; increased costs and physical risks, including extreme weather events and resource shortages, related to climate change; and availability and increased costs associated with mining inputs and labor. Barrick also cautions that its guidance may be impacted by the unprecedented business and social disruption caused by the spread of Covid-19. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion, copper cathode or gold or copper concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks).
Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion of some of the factors underlying forward-looking statements and the risks that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release.
Barrick 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.
DETROIT, May 26, 2022 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today that it has published its inaugural Corporate Sustainability Report which covers the Company's approach and strategy to health and safety, environmental, philanthropy, and corporate governance. The report can be found at DTMidstream.com/sustainability and will be published annually.
David Slater, President and CEO, stated: "Our team is proud of our ongoing sustainability work. It embodies our desire to be a good corporate steward, a good neighbor, and a safe place to work.”
About DT Midstream
DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment, and surface facilities. The Company transports clean natural gas for utilities, power plants, marketers, large industrial customers, and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving 30% of its carbon emissions reduction in the next decade.
Media Contact: | Steven Rawlings, DT Midstream, 313.774.0690 | |
steven.rawlings@dtmidstream.com |
According to the research experts of Strategic Market Research, the Electric Vehicle Charging Stations market was worth USD 9.47 billion in 2020 and is likely to reach a landmark of nearly $142.46 billion in 2030 with a robust CAGR of 31.14 %. Let us make you well acquainted with some of the crucial statistics related to the market.New York, United States
New York, United States, May 26, 2022 (GLOBE NEWSWIRE) -- The term 'Electric vehicle charging station' refers to a public or private parking space served by battery charging station equipment. The primary purpose of the Electric vehicle charging station is to transfer the electric energy by inductive or conductive means to a battery or any other energy storage device within an electric vehicle. By Point of Charge, the "DC (Super Charging)" market segment led the market with the highest share of around 72.12 % in 2020. Moreover, on a regional basis, Asia-Pacific had the largest proportion of the entire market, with a robust CAGR in the year 2020.
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Based on Point of Charge:
Based on Charging Level
Based on Mode of Charging:
Based on Applications:
Based on IoT Connectivity
Regions
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Report Coverage | Details | |
Forecast Period | 2021-2030 | |
Forecast Period 2021 to 2028 CAGR | 31.14% | |
2030 Value Projection | 142.46 billion | |
Base Year | 2020 | |
Market Size in 2020 | USD 9.47 billion | |
Historical Data for | 2017-2019 | |
No. of Pages | 135 | |
Companies | ABB, ChargePoint Inc., Siemens, Engie, Schneider Electric, Tesla, EVgo, Alfen, AeroVironment, Blink Charging | |
Leading Segment | Fast Charger | |
Leading Region | APAC | |
Segments covered | OnPoint of Charge, Charging Level, Mode of Charging, Applications, IoT Connectivity, and Regions | |
Growth Drivers | Lack of Electric Vehicle Charging Stations | |
Electric-Vehicle Smart Charging, Rising Sales of Electric Vehicles and Government Funding |
The Global Electric Vehicle Charging Station market is predicted to reach a market value of USD 142.46 billion by 2030 from USD 9.47 billion in 2020, at a CAGR of 31.14 % during the forecasted period. The perennial growth of the rising EV sales all over the globe and the increase in the demand for EV charging stations worldwide are the key reasons augmenting the overall growth of the market. As per the IEA, after a decade of rapid progress, in the year 2020 finally, the global EV stock hit the 10 million mark, which is a around 43% increase since the year 2019. Moreover, the BEVs (Battery electric vehicles) had accounted for 2/3 rd of the new electric car registrations & almost 2/3 rd part of the stock market in 2020. Furthermore, apart from the growth of EVs across the globe, the rise in the investments made by the automakers towards the advancement of the electric vehicle charging infrastructures also plays a vital role in enhancing the growth of the market.
Based on the point of Charge, the "DC (Super Charging)" market segment led the market with the largest share of around 72.12 % in 2020.
By Point of Charge, the "DC (Super Charging)" market segment dominated the market with the highest share of around 72.12 % in 2020. The DC charging can feed the power directly to the vehicle's battery, and it does not require any onboard charger for the conversion process, which in turn increases the total number of EV sales across the globe. All of these factors are responsible for the rapid growth of this segment. According to a survey, EVs made up 8.3 % of total light passenger vehicle sales in 2021, which is a hefty increase from 4.2 % of all sales in 2020.
By Charging Level, the “Level 3” market segment possessed the largest share of the total market.
In terms of Charging Level, the "Level 3" market segment dominated the entire EV Charging Station market in 2020. The Level 3 type of charging, also known as DC fast charging, is the fastest way to charge an EV in just a few minutes. Level 3 charging is faster and provides more power, making it the ideal charging type for electric vehicles. This is a key factor responsible for driving the overall growth of this segment. According to the California Energy Commission, the EV chargers are divided into levels 1, Level 2 and direct current (DC) fast charging. One distinction between these three levels is the input voltage; Level 1 utilises 110/120 volts, Level 2 utilises 208/240 volts, and DC fast chargers utilise in between 200 and 600 volts.
By Mode of Charging, the Plug-in Charging System market segment held the largest share of the market
Based on Mode of Charging, the "Plug-in Charging System" market segment held the biggest share of the total market at around 78.12 % in 2020. The Plug-in Charging System enables an individual to control the current & voltage level at which the battery must be charged, thus taking proper care of the battery's life span. The battery's charger either provides constant voltage or constant current charging, both of which are much easier to operate, which propels the growth of this segment.
By Application, the ‘Public Chargers’ market segment had the highest share of the EV Charging Station market
In terms of Application, the "Public Chargers" market segment accounted for the largest share of the market at around 84.13% and is anticipated to continue to dominate significantly throughout the forecasted period of 2020-2030. The wide availability of public EV charging stations plays a crucial role in purchasing EVs worldwide. Public charging systems are mostly available on roads and are viewed as a key criterion when buying an electric vehicle. This is expected to boost the growth of the revenue of this segment. As per the data published at evadoption, as of December 31, 2020, there were an overall 96,536 public charging ports – including Level 1, Level 2, and DC fast chargers.
The 'Smart Connected Charging Stations' led to the maximum proportion of total EV Charging Station Market share based on IoT Connectivity.
By IoT Connectivity, the "Smart Connected Charging Stations" market segment dominated the global EV Charging Station in 2020. Smart charging enables the charging station owners to remotely manage, monitor, and restrict devices' usage for energy consumption and optimization. All these crucial factors are enhancing the overall market growth of this segment.
Asia-Pacific held the largest portion of the EV Charging Station Market share.
By Region, the "Asia-Pacific" segment dominated the market with the fastest growing CAGR throughout the forecasted period. It is due to the governments of the emerging economies like India, China, and Japan investing a hefty sum of amount in the EV industry, thereby boosting the overall growth of the EVs charging station market in the APAC region. Also, the governmental bodies are planning to introduce various crucial initiatives to attract the major OEMs to produce charging infrastructure in the domestic markets. On the other hand, Europe held the second-largest market share in 2020.
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Global EV Charging StationMarket: Recent Developments
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