Middle East Live

(BUSINESS WIRE)--Hemohim is garnering remarkable popularity in the global market as Korea's one of the leading functional foods.

Hemohim is developed through an eight-year collaboration between Kolmar BNH (KOSDAQ: 200130) and the Korea Atomic Energy Research Institute, with an investment of KRW 5 billion. It was extracted from raw materials of angelica gigas, cnidium officinale, and paeonia japonica, which have been traditionally used in herbal medicine. Kolmar BNH performed tests on humans to confirm the safety and efficacy of its main ingredient, ‘HemoHIM Extract complex of Angelica gigas, etc.’, and was recognized by the Ministry of Food and Drug Safety of Korea in 2006 for its immune-boosting properties.

Distributed by Atomy, a customer of Kolmar BNH, Hemohim has sold over KRW 2 trillion worth of products in just 17 years since its launch, making it the nation’s best-selling individually approved health functional food. With strong demand from many countries like Australia, the US, and Thailand, Hemohim has expanded its global presence to over 20 countries.

Following a rigorous review process, Hemohim received approval from the Korean Ministry of Food and Drug Safety as the nation’s first individually approved health supplement product designed to enhance immune function.

Ranking the second-highest exported product after red ginseng in Korea, Hemohim is the leading individually approved health functional food ingredient. Kolmar BNH, propelled by Hemohim's success, was honored with the '200 Million Dollar Export Tower' at the 2021 'Trade Day' ceremony hosted by the Korea International Trade Association.

Kolmar BNH is making R&D efforts to sharpen its material competitiveness, as evidenced by the 'Hemohim Sustaining Technology Development Project.' After six years of endeavors, it obtained a fatigue recovery function last year, solidifying Hemohim's status as a dual-functional food with immune enhancement and fatigue recovery.

To further reach the European market, Kolmar BNH has developed HemohimG, tailored to suit European preferences in tastes and aroma. HemohimG is a product made for exports that follow the food regulations of each country. It is now poised for export to the UK and Turkey.

A Kolmar BNH official stated, "Hemohim represents Korea's top health functional food, backed by research capabilities and manufacturing prowess. After its success in Korea over the past 16 years, Hemohim is ready to leave its footprint on the global market."

View source version on businesswire.com: https://www.businesswire.com/news/home/20240418277251/en/

Permalink
https://www.aetoswire.com/en/news/2204202438812
Contacts
Kolmar BNH
Jang Woo Lee
jay.lee@kolmar.co.kr

SAN FRANCISCO - Tuesday, 23. April 2024

(BUSINESS WIRE)--Rubedo Life Sciences, a biotechnology company specializing in cellular senescence and anti-aging research, announced today a multi-year strategic partnership with German multinational beauty company Beiersdorf AG to develop innovative skin care products that address the effects of cellular aging. Beiersdorf additionally joins Rubedo as a strategic investor, having participated in its recent Series A financing round through its Oscar & Paul Corporate Venture Capital Fund.

The partnership between Rubedo and Beiersdorf revolves around the exploration of novel compounds derived from Rubedo's extensive research programs, specifically targeting cellular senescence. Senescent cells accumulate with age and may contribute to age-related skin changes and pathologies. These compounds will be sourced from Rubedo's topical dermatology program, which have senolytic and anti-inflammatory properties.

As part of the partnership, Beiersdorf will conduct in vitro and in silico studies, and will conduct rigorous assessments of the identified compounds from Rubedo. The collaborative effort will culminate in in vivo human studies, aimed at validating the efficacy of the selected compounds in cosmetic skin care formulations. Rubedo shall be eligible to receive milestones and royalty payments.

“We are thrilled to announce our partnership with Beiersdorf, a recognized global leader in the cosmetics and skin care industry to develop new products that address skin aging,” said Marco Quarta, CEO of Rubedo Life Sciences. “For over 140 years, Beiersdorf has been a worldwide leader in skin care with global brands like NIVEA, Eucerin, and La Prairie. By combining Rubedo's expertise in cellular senescence with Beiersdorf's complementary expertise in skin care innovation, this partnership may revolutionize the landscape of skin care products, offering consumers new solutions that treat cellular aging for healthy and youthful-looking skin.”

“Our mission is to define the future of skincare through breakthrough innovation,” commented Beiersdorf CEO Vincent Warnery. “By partnering with Rubedo and combining cutting-edge expertise from both sides, we aim to redefine the standards in anti-age skincare.”

Rubedo's innovative approach to compound development, coupled with Beiersdorf's leading global brand platforms, is poised to set new standards in anti-aging skin care and develop new solutions for the multibillion face care market.

About Rubedo Life Sciences

Rubedo Life Sciences is a biopharmaceutical company developing a broad portfolio of innovative therapies engineered to target cells which drive chronic age-related diseases. Our proprietary ALEMBIC™ drug discovery platform has engineered novel first-in-class small molecules designed to selectively target senescent cells, which play a key role in the progression of pulmonary, dermatological, oncological, neurodegenerative, fibrotic and other chronic disorders. The Rubedo leadership team is composed of industry leaders and early pioneers in chemistry, technology, and life sciences, with expertise in drug development and commercialization from both large pharma and leading biotech companies. The company is based in Sunnyvale, CA. For additional information, visit www.rubedolife.com.

About Beiersdorf AG

Beiersdorf has stood for innovative, high-quality skin care products as well as pioneering skin research for more than 140 years. Leading international brands such as NIVEA, the world’s no. 1 skin care brand*, Eucerin (dermocosmetics), La Prairie (selective cosmetics), and Hansaplast/Elastoplast (plasters and wound care) are cherished by millions of people around the world day after day. Renowned brands such as Aquaphor, Coppertone, Chantecaille, Labello, 8x4, atrix, Hidrofugal, Maestro, and Florena round off our extensive portfolio in the Consumer Business Segment. Through the wholly owned affiliate tesa SE, Beiersdorf is also a globally leading manufacturer of technical adhesive tapes and provides self-adhesive solutions to industry, craft businesses, and consumers.

The Hamburg-based company generated sales of €9.5 billion as well as an operating result (EBIT) of €1.3 billion in fiscal year 2023. Beiersdorf has more than 21,000 employees worldwide, who are connected by shared core values, a strong corporate culture, and the Beiersdorf purpose Care Beyond Skin. With its business strategy, the company pursues a multi-year investment program focusing on competitive, sustainable growth. The program is consistent with the ambitious sustainability agenda, with which Beiersdorf is generating clear added value for consumers, society, and the environment.

* Source: Euromonitor International Limited; NIVEA by umbrella brand name in the categories Body Care, Face Care, and Hand Care; in retail value terms, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240423657886/en/

Permalink
https://www.aetoswire.com/en/news/2304202438847
Contacts
Media
Kimberly Ha
KKH Advisors
917-291-5744
kimberly.ha@kkhadvisors.com

Five-year mandate looks to elevate the Bank’s transformative workplace experience, and drive its broader 2025 Scope 1 and 2 net-zero commitments

(BUSINESS WIRE) -- Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announces that it has been appointed by Standard Chartered Bank (the Bank) to provide services to support its Asia workplace transformation, and Global Asset and Transaction Management for the Bank’s 11m square foot global real estate portfolio.

The five-year mandate will encompass global Asset & Transactions Management and Property Services across Asia, including Integrated Facilities Management, Project & Design Management Services, Space Planning, Occupancy Management, Health, Safety and Wellbeing and Physical Security and will take effect from 1 July 2024.

In support of delivering a best-in-class corporate, investment, wealth and retail banking experience, Cushman & Wakefield will be key in accelerating the Bank’s client strategy across its physical and digital networks. In partnership with the Bank’s Wealth and Retail Banking (WRB), and Corporate & Investment Banking (CIB) arms, the mandate will look towards supporting the local and international banking needs of its clients.

With a focus on elevating workplace experience and reinforcing the Bank’s industry positioning as an Employer of Choice, this mandate will also be key in advancing the Bank’s Twice the Experience mission. In addition to supporting Property’s 2025 Scope 1 and 2 net-zero commitments, Cushman & Wakefield will be a key partner in driving the sustainability agenda across the Bank’s footprint with a focus on Environmental, Social, and Corporate Governance (ESG) goals, optimizing increased renewable energy and accelerating outcomes in partnership with external communities.

“We are delighted to partner with Standard Chartered Bank and thank them for placing their trust and confidence in us to help optimize their property performance and create efficiencies and experiences that support their business, people and sustainability objectives. Our teams around the world are committed to harnessing the full value and benefits of our global footprint, integrated GOS platform and technology capabilities to ensure we drive excellence across the Bank’s property portfolio,” said Aubrey Waddell, Chief Executive, Global Occupier Services, Cushman & Wakefield.

“Our partnership with Cushman & Wakefield will be key to accelerating our property transformation agenda. As we continue to develop a sustainable real estate strategy across our global portfolio for long-term success, the focus remains on reimagining our employee and client experience. We are excited to strengthen joint capabilities to seize opportunities ahead and look forward to delivering excellence for the Bank and our clients in 2024 and beyond,” said Shelley Boland, Global Head, Property, Standard Chartered Bank.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

About Standard Chartered

We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240418673222/en/

Permalink
https://aetoswire.com/en/news/1804202438778
Contacts
Foo Chek Yee
Head of Public Relations, APAC
65 6317 8353 / 9793 3652
chekyee.foo@cushwake.com

Amy Kathleen Kelly
Associate Director, Communications, APAC
65 6248 3062 / 8725 0663
amy.kelly@cushwake.com

(BUSINESS WIRE)--AM Best expects the recent extreme weather that caused severe flash flooding in the United Arab Emirates (UAE) to prompt swathes of claims for motor, property and business interruption insurers in the region.

However, a new Best’s Commentary, “UAE Insurers Adapt to Changing Weather Trends as Latest Flooding Costs Mount,” suggests low insurance penetration, coupled with extensive reinsurance cover, should keep the cost borne by the country’s primary insurers at a manageable level.

The UAE was badly hit by flooding after it experienced the heaviest rainfall in more than 75 years and a year’s worth of rainfall within a few hours, leading to power cuts, the closure of schools and businesses and cancellations and delays at Dubai International Airport.

Motor is the segment most vulnerable to natural catastrophe events for the UAE’s primary insurers as these risks are largely retained by the market. This latest incidence of flooding, coming hot on the heels of deluges in March 2024, is likely to cause significant deterioration in the performance of motor portfolios: flooded roads and car parks can quickly result in a large number of losses.

The motor policy standard imposed by the UAE’s Ministry of Economy does not cover natural disasters, leaving insurers the choice of whether to offer this coverage. Comprehensive motor policies in the UAE typically include flood cover; however, these represent a minority of premiums with most customers opting for cheaper third-party liability policies. Previous flooding events on a similar scale have resulted in spikes in the number of road traffic accidents.

Changing weather trends have already influenced the behaviour of insurers across the wider Gulf Co-operation Council (GCC) region. In 2023 and the start of 2024, the market observed an increase in hailstorms and heavy rainfalls that notably caused flash floods, such as those experienced in November 2023 and March 2024.

Some insurers are starting to take action to reduce potential losses through loss mitigation tactics; for example, sending notifications to consumers during periods of heavy rain or encouraging the construction of canopies to reduce potential motor losses from hail.

To access a complimentary copy of this commentary, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=342130.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417915177/en/

Permalink
https://aetoswire.com/en/news/1804202438757
Contacts
Todor Kitin, ACA
Financial Analyst
+44 20 7397 0335
todor.kitin@ambest.com

Jessica Botelho-Young, CA
Associate Director, Analytics
+44 20 7397 0310
jessica.botelho-young@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications – EMEA & AP
+44 20 7397 0280
edem.kuenyehia@ambest.com

The Countdown is on for NPE2024: The Plastics Show.

Registration Closes in Less Than a Month.

(BUSINESS WIRE)--Anticipation for the largest plastics trade show in the Americas is nearly over; registration for NPE2024: The Plastics Show closes in less than a month. Held in the Orange County Convention Center in Orlando, Florida, the show spans over 1.1 million net square feet of exhibit space. NPE2024 will be the most impactful trade show of the year for all plastics industry sectors in the U.S. and globally, with more than 55,000 professionals expected and over 2,100 exhibitors. Attendees will come from over 115 countries, representing the entire plastics ecosystem and nearly every part of the global industry.

NPE2024 is back, and a completely reimagined experience. The show’s slogan “Made For You,” highlights its focus on personalization, offering various education, networking and innovation for professionals in the automotive, building and construction, consumer products, packaging and medical industries. NPE2024 is returning bigger and better than ever with the announcement of new features such as Keynotes, Industry Briefings, the Sustainability Hub, Podcast Point, Innovation and Sustainability Stages and more.

“In just one month, the global plastics industry will reunite at NPE2024. It is the only show to use every part of the Orange County Convention Center, which means there are 1.1 million net square feet dedicated to the plastics industry alone. There is more to see, do and experience at NPE2024 than previous NPE shows. It’s the industry trade show you don’t want to miss,” said Glenn Anderson, COO and Executive Vice President of Trade Shows.

NPE2024, held May 6-10, 2024, will offer opportunities for everyone in the industry, including:

Two keynote speakers who will give insight on the future landscape of the plastics industry
Six technology zones with 2,100+ exhibitors showcasing their latest products and services
More than 100 education sessions on topics like artificial intelligence, mold building, workforce development, market trends and more
The brand-new, interactive Sustainability Hub where attendees will experience the plastics circular economy, from raw materials to go-to market consumer products
Influential women in the plastics industry will share their success stories with those attending the Women in Plastics Breakfast
More than 700 first-time exhibitors bringing to NPE2024 new products and perspectives
The inaugural Opening Night Party featuring the band Pop Rocks, games, food and drinks
Tickets for NPE2024 range from $175 - $600; prices vary depending on advanced and on-site pricing tiers. Add-ons to the NPE Opening Night Party, Women in Plastics Breakfast, Seminarios Latinoamericanos and 3D Printing for Plastic Processors workshops are also available on a first-come, first-served basis.

For more information about NPE2024: The Plastics Show and to register, visit: NPE.org.

The Plastics Industry Association (PLASTICS) is the only organization that supports the entire plastics supply chain, including Equipment Suppliers, Material Suppliers, Processors, and Recyclers, representing over one million workers in our $548 billion U.S. industry. PLASTICS advances the priorities of our members who are dedicated to investing in technologies that improve capabilities and advances in recycling and sustainability and providing essential products that allow for the protection and safety of our lives. Since 1937, PLASTICS has been working to make its members, and the seventh largest U.S. manufacturing industry, more globally competitive while supporting circularity through educational initiatives, industry-leading insights and events, convening opportunities and policy advocacy, including the largest plastics trade show in the Americas, NPE2024: The Plastics Show.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240416983839/en/

Permalink
https://aetoswire.com/en/news/1704202438733
Contacts
Hunter Martin pr@npe.org
Camille Gallo cgallo@plasticsindustry.org

DENVER - Friday, 19. April 2024 AETOSWire Print 

(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will join Newmont’s Executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth.

Francois will take over from interim CTO, Dean Gehring, who also served in a dual role as Newmont’s Chief Integration Officer. After a period of transition, Dean will be leaving the company in early July.

Francois brings more than 30 years of technical and operational experience in mining to the role. He commenced with Newmont in 2002 and has held roles including Group Head Exploration, Managing Director Africa and General Manager Tanami.

“Francois is a strong leader with deep technical experience and a demonstrable track record of improving operating performance. His appointment will further strengthen Newmont’s Executive Leadership Team, adding valuable technological expertise which will be central to our ongoing success as a business,” said Tom Palmer, Newmont President, and CEO.

Before joining Newmont, Francois held executive positions at Avmin Ltd and De Beers Consolidated Mines. He steps into the new role at a pivotal moment in Newmont’s history and will be tasked with looking for new ways to enhance the company’s operations through innovation and new technologies.

Francois graduated from the Technikon Witwatersrand (now University of Johannesburg) with a BSc in Mine Engineering and received his National Higher Diploma in Metalliferous Mining from the University of Johannesburg.

Francois will be based at Newmont’s headquarters in Denver and will assume his new role as of May 1, 2024.

About Newmont

Newmont is the world’s leading gold company and producer of copper, zinc, lead, and silver. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to www.newmont.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240419973025/en/

Permalink
https://www.aetoswire.com/en/news/1904202438804
Contacts
Media Contact
Jennifer Pakradooni
Jennifer.Pakradooni@Newmont.com

ISTANBUL - Friday, 19. April 2024

(BUSINESS WIRE)--Expomed Eurasia, the most important medical exhibition between Europe and Asia, is ready to house more than a hundred companies, to discover new technological trends and the most innovative products which are going to change deeply the health market.

This is a perfect occasion for e4life to present its device based on the e4shield technology which is able to inactivate flu and Covid viruses present in the air. A technology, patented in Italy, that uses neither chemical agents nor filtering materials, but it is based on the transmission of electromagnetic waves able to inactivate the viral load in aerosol.

“This Exhibition represents an extraordinary opportunity to present our innovative technology (e4shield) in a dynamic and rapidly evolving region as Eurasia. In a climate of growing consciousness of the importance of health and of the diseases’ prevention, there is a growing need for smart and technologically advanced solutions that can guarantee safe environments for people. e4life, with its extremely innovative technology, represents the most effective answer to this need. The features of our devices are unique in the market and can enormously contribute in improving people health and wellbeing” explains Vincenzo Pompa, CEO of e4life.

e4life has been launched thanks to a joint venture between two global leaders: ELT Group, world leader for over 70 years in Electronic Defense systems, and Lendlease, specialized in major urban regeneration projects.

The e4shield technology, which is the core of e4life, was given birth during the Covid period thanks to the initiative of a researcher of the ELT Group who explored the use of electromagnetic fields to inactivate viruses. Based on research by a group of Taiwanese scientists published in the scientific journal Nature, he began to get his first results by testing different frequencies of electromagnetic waves at first on Covid-19 and later on other Coronaviruses.

The devices distributed by e4life guarantee an efficacy over 90% and their inactivation power is almost instantaneous. During their use it is not necessary to evacuate the rooms, because it is harmless to humans and animals. The electromagnetic impulses used are safe. This applies both to the environmental version of the device (e4ambient), which acts in an area of about 50 square meters, and to the wearable release (e4you), CE and SAR certified, which guarantees that the device can be worn for as long as wished without any risks for the health.

The technology utilized in e4life devices has been tested under rigorous and scientific analyses and had been validated by the Celio Military Hospital, by the independent Research Institute ViroStatics and by a recent range of tests developed by the Department of Biomedical and Clinical Sciences of the University of Milan (Italy). These last findings confirm what obtained in the previous tests: an extraordinary efficacy of 90%.

This technology and its efficacy against respiratory viruses had been reported by two recent issues on the periodical Viruses (June 2023) and on the European Society of Medicine (October 2023).

e4life technology is constantly evolving and can be adapted to an increasing number of viruses and, in a near future, to other micro-organisms too (e.g. bacteria). Thanks to the constantly evolving scientific research, these devices will be able to inactivate an ever growing number of different pathogens.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240419226980/en/

Permalink
https://www.aetoswire.com/en/news/1904202438805

Contacts

e4life press office
Mauro Perego - mauro.perego@elettrapr.it

SAN FRANCISCO - Wednesday, 17. April 2024

Visa Acceptance Solutions helps accelerate growth for merchants with new digital enablement offerings

(BUSINESS WIRE)--With a new fast-growing segment of ‘Click-and-Mortar™, shoppers who rely on digital features to shop both online and in-store1, merchants are managing complex technology as they work to provide consistent payment experiences. Visa (NYSE: V), a global leader in digital payments, is offering sellers expansive, simplified services to keep pace with those demands.

“The payments sector has made significant strides in simplifying the consumer shopping experience. In doing so, the payments ecosystem has become more complex and fragmented for sellers -- but it doesn’t have to be this way,” said Rob Cameron, Global Head of Acceptance Solutions, Visa. “Visa Acceptance Solutions allows businesses worldwide to offer their customers best-in-class payment options without over-indexing on complexity for themselves.”

Visa’s latest enhancements support merchants of all sizes with new and improved commerce experiences including:

    Improved access to and ease of integration with partners: Visa Acceptance Platform is debuting Developer Assist, an AI-powered tool to help partners develop sophisticated payment flows, answer questions on testing and certification and even suggest sample code. The platform, which is used by more than 450 payment service providers (PSPs), connects to over 100 independent software vendors (ISVs), bringing ease of use to over 450,000 active merchants each month across 160 countries using 50 different currencies2.
    A reimagined small and medium-sized (SMB) business platform: Authorize.net has reimagined its user interface (UI), bringing data and streamlined day-to-day business operations to the forefront. The new UI has benefits for both partners and merchants across new dashboards, workspaces and smart search functionalities.
    Growing mobile acceptance, without additional hardware: Tap to Phone, which allows sellers to accept contactless payments using a certified smartphone, is now live in 121 countries with more than 6.7 million active terminals and more than $8.5 billion in payment volume on a 12-month basis3. Visa is also deploying contactless technology from Tap to Phone in new innovative ways, including the recent pilot in Latin America and the Caribbean that allows consumers to tap their cards to their own device in order to pay for online purchases.

“The past few years have had a profound and lasting impact on the commerce strategies for merchants of every shape and size. Consumers desire immediacy and increasingly expect digitally evolved experiences. To keep pace with this trend, merchants are now looking for partners to help them simplify their ability to maintain connectivity to the ecosystem,” said Jordan McKee, Research Director at S&P Global Market Intelligence 451 Research.

One Expansive Ecosystem to Open Possibilities for Connectivity

Visa Acceptance Solutions offers a level of connectivity and flexibility that businesses can’t build on their own without heavy technology investment, underscoring the importance of integrating digital and physical retail. As a part of Visa’s value-added services, cloud-ready solutions like the Visa Acceptance Platform and Visa’s Tap to Phone payment solution have helped clients scale their businesses and tailor their payment systems to meet consumer needs.

To learn more, visit Visa Acceptance Solutions.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

This Press Release is intended for illustrative purposes only. It contains depictions of a product currently in the process of deployment and should be understood as a representation of the potential features of the fully deployed product. The final version of this product may not contain all of the features described in this presentation.

This Press Release may contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future prospects, developments, strategies, and business growth. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance and are subject to certain risks, uncertainties, and other factors, many of which are beyond our control and are difficult to predict. Except as required by law, we do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise.

1 2024 Global Digital Shopping Index, PYMNTS and Visa Acceptance Solutions

All brand names, logos and/or trademarks are the property of their respective owners, are used for identification purposes only, and do not necessarily imply product endorsement or affiliation with Visa.

2 As of March 2024
3 As of March 2024

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417120478/en/

Permalink
https://www.aetoswire.com/en/news/1704202438743

Contacts

Emily Scheer
escheer@visa.com

DENVER - Thursday, 18. April 2024 AETOSWire 

Recognizing 20 Years of Transparent Sustainability Reporting

(BUSINESS WIRE) -- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today published its 2023 Sustainability Report and its 2023 Taxes and Royalties Contributions Report. The reports highlight the company’s material ESG and socio-economic contributions over the past year. This year marks the 20th anniversary for Newmont’s Annual Sustainability Report, representing a milestone for the company as a longstanding industry leader in sustainability.

"Our 2023 Sustainability Report demonstrates our unwavering commitment to responsible resource management and the integral role that Newmont plays in creating a more sustainable future," said Newmont Chief Safety and Sustainability Officer Suzy Retallack. "We recognize the responsibility we have to mitigate our environmental impact and make a difference in the areas we operate, while continuously working to improve, partner, and learn so that we leave a positive legacy."

Highlights of Newmont’s 2023 Sustainability Report:

Expanded our Fatality Risk Management program to address risks associated with exposures to hazardous dust and fumes

Completed more than 650,000 critical control verifications to ensure the safety of our workforce

Aligned all 11 priorities facilities across Newmont with the new Global Industry Standard on Tailings Management..

Advanced the Respect at Work program, introducing a new Camp and Facilities Standard with inclusive site requirements and procedures.

Increased female representation among senior leaders to 33 percent up from 31 percent in 2022, advancing our target of achieving gender parity in senior leadership by 2030.

Reduced global freshwater consumption by 31 percent since 2018 and advanced work to incorporate climate projections into site water balance models.

Fulfilled our $20 million commitment to support host communities and countries to address the impacts of the COVID-19 pandemic.

Recognized for nine consecutive years as the #1 gold mining company on the Dow Jones Sustainability World Index;

Ranked #29 and top mining company by 3BL’s 100 Best Corporate Citizens list.

Newmont recognizes the most important measure of success is and will always be keeping everyone healthy and safe. The company is deeply saddened by the recent losses of colleagues at our Brucejack, Ahafo North, and Cerro Negro mines. We extend our sincere condolences to their families and friends. These tragic incidents are a reminder of the need to be eternally vigilant and work continuously to improve safety across the business.

Our commitment to sustainability is crucial to achieving our purpose of creating value and improving lives through sustainable and responsible mining. From supporting our workforce to implementing sustainable practices and meeting our financial obligations, we will continue striving for excellence in everything we do.

Newmont’s 2023 Sustainability Report was prepared in accordance with the GRI (Global Reporting Initiative) Standards including the Mining and Metals Sector Supplement, and the Sustainability Accounting Standards Board (SASB) Metals & Mining Standard. The Report was externally assured on select publicly reported material data, reflecting Newmont’s commitment to transparency and reporting obligations as a founding member of the International Council on Mining and Metals (ICMM), and as an early adopter of the UN Guiding Principles Reporting Framework.

Highlights of Newmont’s 2023 Taxes and Royalties Contribution Report:

Our strong sustainability focus also delivered significant economic benefits for our stakeholders, as detailed in our third annual Taxes and Royalties Contribution Report. The report outlines our tax strategy and payments to communities and governments where we operate – revenue sources that foster development and economic stability in our host countries. In 2023 we:

Paid $1.3 billion in taxes, royalties and other payments to governments, representing 13.3 percent of our total economic contribution.

Distributed $9.8 billion in direct economic contributions, including wages and benefits, operating and capital spend, and community investments.

To learn more about Newmont’s approach to sustainability and related disclosures, visit www.newmont.com/sustainability.

About Newmont

Newmont is the world’s leading gold company and producer of copper, zinc, lead, and silver. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company and has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to www.newmont.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417961090/en/

Permalink
https://www.aetoswire.com/en/news/1804202438780
Contacts
Jennifer Pakradooni
globalcommunications@newmont.com