Reducing GHG Emissions by 50% and Purchasing 100% Renewable Electricity for all Manufacturing Sites by 2030
and Advancing Natural Climate Solutions that Deliver a Carbon Benefit Equal to Remaining GHG Emissions from Operations CINCINNATI, July 17 (Bernama-BUSINESS WIRE) -- The Procter & Gamble Company (NYSE:PG) announced a new commitment to have its global operations be carbon neutral for the decade through a series of interventions that protect, improve and restore nature. Recognizing the next decade represents a critical window for the world to accelerate progress on climate change, P&G will go beyond its existing Science Based Target of reducing greenhouse gas emissions by 50% by additionally advancing a portfolio of natural climate solutions. These efforts will deliver a carbon benefit that balances any remaining emissions over the next 10 years, allowing P&G operations to be carbon neutral for the decade. Based on current estimates, the Company will need to balance ~30 million metric tons of carbon from 2020 to 2030. P&G’s priority continues to be reducing emissions. P&G has an existing goal of reducing greenhouse gas emissions by 50% and purchasing 100% renewable electricity by 2030 and is on track to deliver on its 2030 commitments. In addition, P&G will continue pursuing new wind, solar and geothermal projects to further accelerate the transition to renewables. These efforts are aligned with what climate science says is needed to help ensure the Company does its part to limit global temperature increase and will continue well beyond 2030. However, based on today’s technologies, there are some emissions that cannot be eliminated by 2030. By investing in natural climate solutions, the Company will accelerate its impact over the next 10 years. A Critical Window Recent reports have highlighted that the world is falling short of the greenhouse gas emission reductions needed and that the next decade represents a critical window to reduce emissions and be on a path to limiting temperature increase to 1.5°C. That task will get much harder if society doesn't start curbing emissions before the decade ends. By 2050, carbon emissions must fall to zero, or close to it. Failure to act now will put future generations at greater risk from climate change impacts and make achieving the global targets of the Paris Accord more difficult. "Climate change is happening, and action is needed now,” said David Taylor, P&G Chairman, President and Chief Executive Officer. “By reducing our carbon footprint and investing in natural climate solutions, we will be carbon neutral for the decade across our operations and help protect vulnerable ecosystems and communities around the world.” Natural Climate Solutions: “Nature alone can solve up to one-third of climate change” P&G will partner with Conservation International and World Wildlife Fund (WWF) to identify and fund a range of projects designed to protect, improve and restore critical ecosystems like forests, wetlands, grasslands and peatlands. In addition to sequestering more carbon, an important aspect of natural climate solutions is the potential to deliver meaningful environmental and socioeconomic co-benefits that serve to protect and enhance nature and improve the livelihoods of local communities. As P&G moves forward, the company will seek to identify, measure and communicate relevant co-benefits from its investment in nature. mrem.bernama.com/viewsm.php?idm=37760
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KUALA LUMPUR, July 15 -- Efinix® recently announced its Trion® Titanium FPGA family, fabricated on a 16nm process node and featuring Efinix’s Quantum™ compute fabric.
According to a statement, the Quantum compute fabric adds additional compute and routing capability into its enhanced eXchangeable logic and routing (XLR) cells. Enhanced compute, united with the 3X clock frequency boost afforded by the 16nm process, make Trion Titanium FPGAs ideal for computational acceleration applications while the increased routing flexibility delivers unprecedented utilisation ratios. With the 16nm process node and the 2X efficiency improvement of the Quantum compute fabric, Titanium FPGAs pack loads of processing power into an extremely small die size, taking just a quarter of the area of the previous Trion generation. Additionally, the low power consumption of the node means that Titanium devices consume a third of the power of Trion devices and overcome all thermal issues associated with highly integrated applications. This combination makes them ideal for multi-chip, system-in-package designs such as those found in mobile, edge compute, AI and IoT. The Titanium family comprises FPGAs ranging from 25K to 500K logic elements that are available in familiar and easy to mount BGA packages. More details at http://www.efinixinc.com -- BERNAMA KUALA LUMPUR, July 14 -- Analog Devices Inc (ADI) and Maxim Integrated Products Inc have entered into a definitive agreement, under which ADI will acquire Maxim in an all stock transaction that values the combined enterprise at over US$68 billion. (US$1 = RM4.268)
The transaction, which was unanimously approved by the Boards of Directors of both companies, will strengthen ADI as an analog semiconductor leader with increased breadth and scale across multiple attractive end markets. Under terms of the agreement, Maxim stockholders will receive 0.63 of a share of ADI common stock for each share of Maxim common stock they hold at the closing of the transaction. According to a statement, upon closing, current ADI stockholders will own approximately 69 per cent of the combined company, while Maxim stockholders will own about 31 per cent. The transaction is intended to qualify as a tax-free reorganisation for the United States (US) federal income tax purposes. Upon closing, two Maxim directors will join ADI’s Board of Directors, including Maxim President and Chief Executive Officer, Tunç Doluca. The transaction is expected to close in the summer of 2021, subject to the satisfaction of customary closing conditions, including receipt of US and certain non-US regulatory approvals, and approval by stockholders of both companies. Morgan Stanley served as lead financial advisor to ADI. BofA Securities also served as financial advisor. Wachtell, Lipton, Rosen & Katz served as legal counsel. J.P. Morgan served as exclusive financial advisor to Maxim, and Weil, Gotshal & Manges LLP served as legal counsel. -- BERNAMA HANGZHOU, China, July 14, 2020 /Xinhua-AsiaNet/--
On July 6, eastern Chinese city of Hangzhou launched the "Hangzhou Liangzhu Day" and the first Hangzhou Liangzhu Culture Week, which is also the exclusive festival for the "youngest" (latest selected) of Hangzhou's three world heritages, according to Hangzhou municipal government. At the 43rd World Heritage Conference held one year ago in Baku, capital of Azerbaijan, the Archaeological Ruins of Liangzhu City was included in the World Heritage List. Hangzhou has decided to set July 6 as "Hangzhou Liangzhu Day" and June 24 as "Hangzhou West Lake Day". These two days are the dates when the two renowned sites in Hangzhou were officially included in the World Heritage List. From the West Lake to the Grand Canal and then to the Archaeological Ruins of Liangzhu City, Hangzhou already has three world cultural heritages, indicating that Hangzhou is an ancient city with different cultural heritages demonstrating the clear and complete context of Chinese history and culture. mrem.bernama.com/viewsm.php?idm=37738 SEATTLE, July 9 (Bernama-BUSINESS WIRE) -- Celebrity stylist Tara Swennen and Glamhive founder Stephanie Sprangers will once again bring together some of the biggest names from around the world in style, fashion, beauty and women’s empowerment for the Glamhive Digital Summer Bazaar—a groundbreaking digital event. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200708005857/en/ During Glamhive’s first digital event, Glamhive LIVE Style Summit, audience members were asked to engage with panels through live, real-time question and answer sessions. The conversations ranged from intimate questions about how to break down gender barriers when starting a business to how to find ways to break in into business through marketing. Due to that event’s overwhelming success, Swennen and Sprangers decided to raise the bar for their next global event. “The style, beauty, and designer communities are a close-knit one; many of us have worked together or known each other for years—and, this year has been a tough one. I’m thrilled by the opportunity to bring us all together and share our insights, experience, and advice with everyone who wants to be part of our community too,” said Tara Swennen, celebrity stylist. Swennen was inducted into the Costume Designers Guild, was named one of The Hollywood Reporter's Top 25 Most Powerful Stylists four years in a row and was awarded Best Vegan Fashion Stylist at the first Vegan Fashion Week. Her clients include Kristen Stewart, Matthew McConaughey, Lana Condor, and Allison Janney. She has worked on major campaigns with Chanel, Ralph Lauren, Neutrogena, E!, Target, and Netflix, and her work has appeared in Flaunt, InStyle, Nylon, Teen Vogue, Esquire UK, Maxim, and more. The Glamhive Digital Summer Bazaar is touted as the world’s largest digital gathering of some of the greatest talents in the fashion, style and beauty industries, coming together for round table discussions with audience participation. The conference will feature three tracks, 32 panels, over 100 different speakers, and offer highly intensive “Master Classes” focused on specific topics with in-depth, intimate conversations with globally renowned experts. mrem.bernama.com/viewsm.php?idm=37717 |
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