Go Green
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.
To get a first-hand overview of the report, Request a Sample at
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The segmentation outline of the latest report published by Strategic Market Research on the Electric Vehicle Charging Station Market is as follows:
Based on Point of Charge:
- DC (Super Charging)
- AC (Normal Charging)
Based on Charging Level
- Level 3
- Level 2
- Level 1
Based on Mode of Charging:
- Plug-in Charging System
- Wireless Charging System
Based on Applications:
- Public Chargers
- Private Chargers
Based on IoT Connectivity
- Smart Connected Charging Stations
- Non-connected Charging Stations
Regions
- North America
- Europe
- Asia-Pacific
- LAMEA
Make a Direct Purchase of the latest Electric Vehicle Charging Station Market Report published in the month of April 2022. Click the below link to initiate the purchase:
https://www.strategicmarketresearch.com/buy-now/electric-vehicle-charging-station-market
| 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.
Before initiating a purchase, make a Pre-order enquiry and get a detailed overview of the content of the report.
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The major players that are covered in the Global EV Charging Station Market report are:
- ABB
- ChargePoint Inc.
- Siemens
- Engie
- Schneider Electric
- Tesla
- EVgo
- Alfen
- AeroVironment
- Blink Charging
Kindly go through and get access to our comprehensive coverage of myriad number of Automotive reports published in the last three months:
https://www.strategicmarketresearch.com/reports/automotive
Global EV Charging StationMarket: Recent Developments
- On November 1, 2021, TESLA successfully inaugurated its brand-new version of the GEN 2 WALL CONNECTOR, coupled with the J1772 connector. Unlike the previous charging stations, this EV charging station is compatible with all forms of electric vehicles that are widely available in North America. This initiative taken by TESLA fuels the overall growth of the electric vehicle charging market globally.
- On October 26, 2021, Amazon Web Services & ABB successfully introduced a fleet management tool for facilitating the entire operation of public EV charging stations. The "Panion EV charge planning" will assist the manufacturers in managing their power more adequately and efficiently.
- In September 2021, ABB introduced Terra 360, the fastest EV charging station, capable of charging EVs in less than 15 minutes and offers a range of 100 km in less than 3 mins. ABB exclusively introduced this for public charging stations, and it has the full potential to simultaneously charge up to 4 EVs.
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Kenmare Resources plc
(“Kenmare” or “the Company”)
26 May 2022
Report on payments to governments 2021
Introduction
This report details payments to governments made by Kenmare Resources plc (the “Company”) and its subsidiary undertakings (the “Group”) for the financial year ended 31 December 2021.
This report has been prepared in accordance with the requirements of Part 2A of the Transparency (Directive 2004/109/EC) Regulations, 2007 (as amended) (“Part 2A”), Part 26 of the Companies Act 2014 (“Part 26”) and rule DTR 4.3A of the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (“DTR 4.3A”). Part 2A and Part 26 enact in Ireland domestic rules in line with Directive 2013/34/EU (the “EU Accounting Directive (2013)”) and apply to large Irish incorporated companies, like the Company, that are involved in the exploration, discovery, development, and extraction of minerals. DTR 4.3A imposes equivalent requirements on issuers, like the Company, admitted to trading on the London Stock Exchange that are similarly involved in the exploration, development and extraction of minerals.
This report is available for download at https://www.kenmareresources.com/investors/reports-and-presentations
It has also been submitted to Euronext Dublin and the UK National Storage Mechanism and will shortly be available for inspection at the following locations:
https://direct.euronext.com/#/oamfiling
and
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
About Kenmare Resources plc
Kenmare Resources plc is an Irish incorporated company with a premium listing on the London Stock Exchange and a secondary listing on Euronext Dublin. Kenmare operates the Moma Titanium Minerals Mine (the “Moma Mine”), which is located on the northern coast of Mozambique. Moma is one of the world’s largest producers of minerals sands products, accounting for production of approximately 8% of global titanium feedstocks and supplying to customers operating in over 15 countries. The Group’s products are key raw materials, ultimately consumed in everyday quality-of-life products such as paints, plastics, and ceramic tiles.
The Group consists of the parent company (Kenmare Resources plc) and its subsidiary undertakings. The mining operations at the Moma Mine are carried out by the Mozambique branch of Kenmare Moma Mining (Mauritius) Limited (“KMML”) and downstream processing is undertaken by the Mozambique branch of Kenmare Moma Processing (Mauritius) Limited (“KMPL”), both of which are wholly-owned subsidiary undertakings of the Company. KMML and KMPL account for 100% of the Group’s turnover and 99% of the Group’s total assets. Therefore, all revenues and operating costs of the Group’s mining and processing operations are recorded by KMML and KMPL within the same tax jurisdiction, namely Mozambique.
The parent company, Kenmare Resources plc, conducts no direct exploration or mining activities. The Group’s corporate costs are recorded by the parent company.
Scope of report
Disclosure of payments to governments is required in respect of payments arising from the exploration, discovery, development and extraction of minerals; the payments included within this report therefore relate to the Group’s mining and processing activities at the Moma Mine in Mozambique.
Groups are required to prepare a consolidated report disclosing payments made by the parent company and its subsidiary undertakings. Accordingly, this report reflects payments made by the Group companies conducting mining and processing activities, namely KMML and KMPL. The Group owns 100% of these entities and the amounts reflect 100% of the payments made by these subsidiary undertakings.
For a broader discussion of the Group’s payments to governments and its contribution to its host communities, please see the Group’s 2021 Sustainability Report, available on the Company’s website at www.kenmareresources.com/investors/reports-and-presentations
Payments
The payments disclosed in this report are on a cash basis.
The payments made to governments are required to be analysed into the following categories:
- Production entitlements - this category includes the host government’s share of production, which is usually outlined in a production sharing agreement. In 2021, the Group did not make relevant payments in this category.
- Taxes - this category includes taxes paid to governments on income, profits or production arising from the Group’s exploration, discovery, development and extraction of minerals. Taxes levied on consumption such as value added taxes, personal income taxes and sales taxes are excluded. KMML is subject to a corporation tax rate of 35% of the taxable profits of its Mozambique branch. Taxable profits of the branch are calculated by reference to the cash costs of producing Heavy Mineral Concentrate (“HMC”) net of allowable tax deductions and increased by a defined margin.
KMML’s Mozambique branch produces one product from its mining activities, namely HMC. HMC is sold to KMPL, which processes it into finished products (ilmenite, zircon, rutile and mineral sands concentrate), which are exported worldwide to third party customers. The cash costs of mining include the costs of mine face preparation, dredging and dry mining operations, Wet Concentrator Plant operations, rehabilitation and support services.
The margin applied to the cash costs of mining is stipulated in the Mineral Licensing Contract, dated 21 January 2002. The contract is between KMML and the Ministry of Mineral Resources and Energy (MIREME) of the Republic of Mozambique, acting for and on behalf of the Government of the Republic of Mozambique, which details the terms and conditions for the exploration, development and production of heavy minerals in the areas of Moma, Congolone and Quinga. The margin is determined by dividing the prices for sale of finished products to third party customers earned by KMPL in the year by the prices earned in the prior year, adjusted for inflation and applying this factor to the prior year margin. For the fiscal year ending 31 December 2021 the margin was 54.8%.
KMPL has the benefit of operating within an Industrial Free Zone (“IFZ”) and as an IFZ company, it is exempted from corporation tax.
- Royalties – this category includes payments to a government for the rights to extract minerals or other materials. Typically amounts are levied based on production levels or revenues. KMML is subject to a mining royalty of 3% based on HMC sold to KMPL. The royalty is calculated by multiplying the cash costs of producing HMC, plus the margin as detailed above, by 3%.
KMPL is subject to a revenue royalty of 1% on revenue recognised.
- Dividends - this category includes dividend payments other than dividends paid to a government as an ordinary shareholder of the Company or one of its subsidiary undertakings. In 2021, the Group did not make relevant payments in this category.
- Bonuses - this category includes bonuses paid to a government for and in consideration of signature, discovery, production, awards, grants and transfers of extraction rights and production bonuses. In 2021, the Group did not make relevant payments in this category.
- Fees – this category includes licence fees, rental fees, entry fees and other considerations for mining licences or concessions.
- Infrastructure improvements – this category includes payments to governments for infrastructure other than in circumstances where the infrastructure is expected to be primarily dedicated to operational activities throughout its useful life. Payments that form part of the Group’s social investment activities (which are primarily organised and administered by Kenmare Moma Development Association) are excluded. Such payments would include contributions in respect of local schools, healthcare or community facilities, or improvements to the general environment of local communities.
Government
“Government” means any national, regional or local authority of a country, and includes a department, agency or undertaking that is a subsidiary undertaking where the authority is the parent undertaking.
All payments referred to this report are made to the Government of Mozambique or its agencies; in particular, they are made to Autoridade Tributária Unidade dos Grandes Contribuintes–Nampula, a department of the Mozambican tax authority.
Analysis by project/entity
An analysis of payments by project is required where payments are attributable to specific projects. Projects are defined as operational activities which are governed by a single contract, licence, lease, concession or similar legal agreement, and form the basis for payment liabilities with a government. Where agreements are substantially interconnected in operating and geographical terms, with substantially similar terms, those agreements should be treated as a single project. Payments may be disclosed at an entity level where payments are made in respect of obligations imposed at that entity level rather than at a project level. Payments below are disclosed at the entity level for KMML and KMPL, which between them operate the Moma Mine, which is treated as one project for purposes of this Report.
Materiality
Under Part 2A and Part 26, a payment need not be disclosed if it is a single payment of less than the equivalent of €100,000 or a series of related payments in a single year whose total is less than the equivalent of €100,000.
Currency and rounding
All monetary amounts in this report refer to United States dollars unless otherwise indicated. The amounts shown in this report have been rounded to the nearest $1,000.
Payments to governments – 2021
| Production entitlements | Taxes | Royalties | Dividends | Bonuses | Fees | Infrastructure improvements | Total | |
| $’000 | $’000 | $’000 | $’000 | $’000 | $’000 | $’000 | $’000 | |
| Country summary | ||||||||
| Government of Mozambique | - | 6,156 | 8,863 | - | - | 388 | - | 15,407 |
| Total | - | 6,156 | 8,863 | - | - | 388 | - | 15,407 |
| Entity report | ||||||||
| KMML | - | 6,156 | 4,200 | - | - | 388 | - | 10,744 |
| KMPL | - | - | 4,663 | - | - | - | - | 4,663 |
| Total | - | 6,156 | 8,863 | - | - | 388 | - | 15,407 |
This report for Kenmare Resources plc (registered number 37550) was approved by the Directors of the Company on 25 May 2022 and signed on their behalf by
Michael Carvill
Director
Tony McCluskey
Director
For further information, please contact:
Kenmare Resources plc
Jeremy Dibb / Katharine Sutton
Investor Relations
Tel: +353 1 671 0411
Mob: +353 87 943 0367 / +353 87 663 0875
Murray (PR advisor)
Doug Keatinge
Tel: +353 1 498 0300
Mob: +353 86 037 4163
About Kenmare Resources
Kenmare Resources plc is one of the world’s largest producers of mineral sands products. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Moma’s production accounts for approximately 8% of global titanium feedstocks and the Group supplies to customers in more than 15 countries. Kenmare produces raw materials that are ultimately consumed in everyday quality-of life items such as paints, plastics and ceramic tiles.
Four-part documentary delves into groundbreaking work conducted by teams of staff and students
THUWAL, Saudi Arabia, May 25, 2022 (GLOBE NEWSWIRE) -- National Geographic is shining the spotlight on Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) in Chasing Answers, a new four-part series that explores the emergence of the Thuwal-based institution as a hub for groundbreaking scientific research and development in the region and the world. The documentary, produced by National Geographic, will premiere on National Geographic (English) and National Geographic Abu Dhabi (Arabic) on Wednesday, June 1st at 9pm KSA.
Home to elite scientists from all over the world, KAUST focuses on research that applies science and technology to areas of global concern. The series delves into three areas in particular - human need, social advancement and environmental sustainability - highlighting important projects with significant impact on both nature and mankind.
Episodes include Powering the Future, which will take a look at a team of KAUST researchers, as they spend countless hours tackling climate change and testing alternative energy solutions. Red Sea Explored is a deep dive into projects that include underwater internet and coral spawning.
The episode (Feeding) The 10 Billion Challenge shows the inroads being made by the KAUST team in answering the ever-daunting question of how to feed the world’s growing population. We Are Doers focuses on a group of problem-solvers as they look for ways to use technology to help overcome issues ranging from the global microchip shortage to filling knowledge gaps in our understanding of the past and our ambitions for the future.
Chasing Answers will air at 9pm KSA time each Wednesday for four weeks starting June 1st.
About King Abdullah University of Science & Technology
Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the world’s most pressing scientific and technological challenges in the areas of food and health, water, energy, environment and the digital domain. KAUST is a curiosity-driven, interdisciplinary problem-solving environment, with state-of-the-art labs, distinguished faculty talent, and 20 research areas related to these themes.
KAUST brings together the best minds from around the world to advance research. More than 100 different nationalities live, work and study on campus. KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world, with research resulting in novel patents and products, enterprising startup businesses, collaborative regional and global initiatives, and original published papers.
To learn more visit kaust.edu.sa.
For more information, please contact global.pr@kaust.edu.sa
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9353a626-6d54-4841-a1e8-52956bd1b5d7
https://www.globenewswire.com/NewsRoom/AttachmentNg/8c88619e-5dd6-4684-9134-a08379b51659
A video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4304d1e8-8ce2-45c6-9a8a-6b4babe0a0c6
- Kia Communities in Motion provides charities the time, space and funding to find inspiration to continue moving their communities forward.
- Program will see $1.4M dollars support local projects across the country over four years.
TORONTO, May 25, 2022 (GLOBE NEWSWIRE) -- Today, Kia Communities in Motion announces nine charities and non-profits across the country that have been selected to receive funding in the program’s inaugural year. This comes on the heels of the program’s announcement in December where Kia Canada, in partnership with Community Foundations Canada (CFC), launched Kia Communities in Motion, a grassroots endeavour to invest $1.4M over four years to support local projects that are building inclusive communities through innovative programming that encourages movement.
As Canada continues to face challenges brought on by COVID-19 – widening inequalities and increasing the barriers that certain groups face – charities and non-profits play a critical role to create transformative change at the local level.
“The first year of Kia Communities in Motion is going to see several incredible opportunities to drive innovation, inspiration and movement at a grassroots level, supporting the various needs of people across the country,” says Elias El-Achhab, Vice President and Chief Operating Officer of Kia Canada. “At Kia we recognize the importance of the incredible work being done at a local level. Communities know better than anyone what they need, and we’re so excited to support these important initiatives empowering the betterment of our world and the critical change that accompanies it.”
Inspiring projects funded by Kia Communities in Motion 2022
Nine projects have been selected from coast-to-coast-to-coast, ranging from Saskatchewan’s Bridging Service Collaborative – a program that will assist those in crisis situations through supports such as overnight accommodation, access to emergency food or emergency transportation – to Windsor’s Young Women in Motion program by Women’s Enterprise Skills Training of Windsor, which aims to break barriers with biking by increasing the mobility, physical and social well-being of young BIPOC women.
Each funded initiative will advance change through equitable, innovative solutions grounded in the concept of movement – inspired by Kia’s brand belief, ‘Movement that inspires.’ A selection of funded projects include:
- Moving Ahead by South Okanagan Immigrant & Community Services (SOICS) in Penticton which will improve access to transportation and settlement support for newcomers in rural and remote communities through driving lessons, bicycle transportation and safety programming, and English language intensive classes. “It can take approximately 15 years for newcomers to settle in Canada,” says Cherry Fernandez, Executive Director of SOICS. “The program’s transportation and language components will impact quality of life, allowing access to supports and essential services, while also improving the well-being and sense of belonging for individuals and families."
- Black Boys Code’s Windsor Advancement Project by Black Boys Code Society - an initiative to create safe and inclusive spaces for Black boys and help them build the cognitive and technical skills needed to pursue a career in STEM. “There is a financial and racial tech gap in Canada, which threatens the future of Black boys and their ability to gain meaningful employment and improve social mobility in a digitized economy,” says Bryan Johnson, CEO of Black Boys Code. “Kia Communities in Motion will support the Windsor chapter in providing opportunities for students to see new places, meet new people, and have new experiences."
Empowered by community foundations on the ground
In its inaugural year, Kia Communities in Motion worked with five foundations across the country, using their knowledge of grassroots organizations and the needs of their local communities to select charities and non-profits that drive innovation and movement in their communities. This year, Kia Communities in Motion is collaborating with:
- Windsor -Essex Community Foundation, Ontario
- Rural Communities Foundation Of Nova Scotia, Nova Scotia
- Yorkton And District Community Foundation, Yorkton, Saskatchewan
- Community Foundation Of The South Okanagan Similkameen, Penticton, British Columbia
- Fondation du Grand Montréal - Foundation Of Greater Montreal, Longueuil, Laval, Quebec
“The pandemic has been exceptionally difficult and has disproportionately impacted people already experiencing vulnerability. In the face of these challenges, there is a bright spot: charities and non-profits have been, and continue to be, creative and resourceful in responding to community needs,” says Andrea Dicks, President, Community Foundations of Canada. “Kia Communities in Motion is providing important support to move this work and communities forward. As we look towards recovery, it’s projects like these that will help ensure no one is left behind.”
Kia Communities in Motion’s first-year recipients
The selected charities and non-profits feature a diverse range of community-led projects, all of which support movement of people forward in society, promote inclusivity in the community, use innovative solutions to address social challenges, and have a wide impact on the community. A full list of funded organizations can be found below:
- Black Boys Code Society, Black Boys Code’s Windsor Advancement Project, Windsor, ON
- Women’s Enterprise Skills Training of Windsor Inc., Young Women in Motion: Breaking Barriers with Biking, Windsor, ON
- Sexual Health Nova Scotia, The Nova Scotia Transformation Project, Bridgewater, NS
- Dalhousie University, A Black People’s History of Canada, Halifax, NS
- SaskAbilities, Bridging Service Collaborative, Yorkton, SK
- Kici Anishinabek Kananakachiwewat Community Service Co-operative, Creation of a regional Saulteaux Language and Culture Program, Kamsack, SK
- South Okanagan Immigrant & Community Services, Moving Ahead, Penticton, BC
- Penticton and Area Cooperative Enterprises, Rusty Springs Business Manual, Penticton, BC
- Défi sportif AlterGo, “At my school”, Montréal, QC
About Kia Canada
Kia Canada Inc., founded in 1999, is a subsidiary of Kia Corporation based in Seoul, South Korea. The company employs 178 people at its headquarters in Mississauga, Ontario, as well as in locations across Canada and at its regional office in Montréal, Québec. Kia offers products and services that are innovative, dynamic, thoughtful and award-winning, through a network of 197 dealers across the country. The company's brand slogan – ‘Movement that inspires’ reflects Kia’s commitment to inspiring consumers through its products and services. To learn more, visit kia.ca or Facebook, LinkedIn, Twitter and Instagram.
About Community Foundations of Canada
Community Foundations of Canada (CFC) is the national leadership organization for Canada’s 191 local community foundations. Together with community foundations across the country, CFC helps drive local solutions for national change on the issues that matter most to Canadians. CFC is building a movement that connects community foundations, Canadians and partners to create a just, sustainable future.
For more information and press inquiries please contact Susan Bernardo at sbernardo@kia.ca or Emma Ninham at eninham@strategicobjectives.com.
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WINNIPEG, Manitoba, May 25, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today released its Environmental, Social and Governance (“ESG”) Report for 2021 (“ESG Report” or “Report”), which can be found at https://www.nfigroup.com/esg/.
“As leaders in transportation solutions, NFI plays a critical role in driving tangible environmental and social impact. Our products and services lower emissions, create economic opportunities, and build healthier communities. NFI’s fourth annual ESG Report demonstrates our impact and the significant growth and maturity in our Company-wide ESG practices,” said Janice Harper, Executive Vice President, People and Culture, NFI. “Throughout 2021, we continued to lead the evolution to zero-emission transportation—what we like to call the ZEvolutionTM—through the launch of six new battery and fuel cell-electric models. NFI now has zero-emission buses and coaches operating or on order, in more than 80 cities, and 2021 saw us expand our zero-emission presence in Ireland, Britain, New Zealand, and Australia. We also accelerated our Company-wide sustainability strategy and roadmap, focused on serving all our stakeholders. This included the hiring of a Sustainability Manager, launching an ESG materiality assessment, and actioning Company-wide diversity, equity, and inclusion initiatives.”
NFI’s ESG Report for 2021 provides updated key performance indicators, highlights for 2021, ESG priorities for 2022, as well as case studies outlining some of the specific projects and initiatives the Company undertook in the year. The Report focuses on the three main components of NFI’s Sustainability Pledge, first adopted in 2006: “Better Product. Better Workplace. Better World”, which guides the Company’s daily actions and long-term planning.
Better Product: Each NFI bus is designed and built for either zero-emissions or fuel efficiency. NFI’s impressive line-up of zero-emission and battery-electric products, as well as telematics and connected technology to monitor performance, demonstrate the Company’s commitment to a sustainable future for all. From 2015 through to the end of 2021, NFI delivered 2,032 EUs zero-emission buses, or ZEBs, that have travelled more than 65 million miles and prevented the emission of billions of pounds of CO2 into the atmosphere. NFI electric buses were featured at 26th United Nations (“UN”) Conference of the Parties (“COP26”) in Glasgow, Scotland, and NFI also expanded its battery recycling partnership with Li-Cycle Corporation.
Better Workplace: In 2021, NFI engaged an independent third party to conduct a diversity, equity, and inclusion (“DEI”) survey of the organization to assess current state and areas for opportunity; formalized a Human Rights Statement, which includes Freedom of Association; invested $7 million in employee training; and conducted a living wage assessment of the Company’s main transit bus production facilities, which found that 99.78% of employees were at or above the living wage standard in their region. The Company takes pride in being an employer and partner of choice, with a focus on building a respectful, inclusive, and vibrant workplace culture.
NFI’s Board is now 40% female and 80% independent, while the executive leadership team is 21% female. In 2021, the Company implemented a flexible work program, retained eight new team members through its Anniston Workforce Development Program (a national workforce development initiative), and signed onto the American Public Transportation Association’s (“APTA”) Racial Equity Commitment Program.
Better World: NFI is focused on being a responsible corporate citizen and creating positive change for all its stakeholders and their communities. In 2021, NFI submitted its first response to the CDP Climate Change Questionnaire; took part in a social innovation lab focused on Indigenous youth employment in the manufacturing industry; and completed ongoing projects to improve the Company’s operational impact on climate change.
NFI continued its strong relationship with United Way agencies across North America, raising more than $370,000 in 2021. Collectively, NFI has donated more than $3.1 million to the United Way from its workplace campaigns since 2009. NFI was presented with the Spirit of Collaboration award for its partnership with the International Association of Machinists and Aerospace Workers (“IAMAW”) and Unifor during its 2021 workplace campaign.
To develop this Report, NFI consulted with a broad range of external stakeholders on regional and global levels, including key internal departments, customers, suppliers, investors, creditors, and community partners. The Report is published with the approval of NFI’s senior executives and the Board of Directors.
About NFI
Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.
With 7,500 team members in nine countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motor coaches), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 105,000 buses and coaches around the world. NFI’s common shares trade on the Toronto Stock Exchange (“TSX”) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, www.nfi.parts, www.alexander-dennis.com, www.arbocsv.com, and www.carfaircomposites.com.
For sustainability inquiries, please contact:
esg@nfigroup.com
For investor inquiries, please contact:
Stephen King
P: 204.224.6382
Stephen.King@nfigroup.com
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