Pangea Unveils Annual Sustainability Report

Achieving Excellence in Environmental Stewardship and Ethical Practices Rochester Hills, MI, June 03, 2024 (GLOBE NEWSWIRE) — Pangea, a pioneering force in the automotive leather industry, proudly unveils its annual Sustainability Report, showcasing remarkable achievements in environmental stewardship, ethical business practices, and social responsibility. The report highlights Pangea’s unwavering commitment to driving positive change and […]

Achieving Excellence in Environmental Stewardship and Ethical Practices

Rochester Hills, MI, June 03, 2024 (GLOBE NEWSWIRE) — Pangea, a pioneering force in the automotive leather industry, proudly unveils its annual Sustainability Report, showcasing remarkable achievements in environmental stewardship, ethical business practices, and social responsibility. The report highlights Pangea’s unwavering commitment to driving positive change and creating a sustainable future for generations to come.

This reporting year was an important year for Pangea who not only reduced their carbon footprint, and that of each product, they also introduced a new series of Advanced Leather Products—Ecoda, Terova, Vendura, and Nevila—each boasting distinct characteristics and improvements over standard materials, reinforcing Pangea’s commitment to innovation and quality.

Key Accomplishments Featured in the Report:

  • Gold Standard Accolades: Pangea attained the prestigious Leather Working Group Gold Standard across all leather producing sites globally, underscoring its dedication to responsible leather manufacturing practices.
  • Acclaimed Certifications: Renowned certifications from Supplier Assurance (NQC), Drive Sustainability, EcoVadis, and the Sustainable Leather Foundation (SLF) further validate Pangea’s commitment to sustainability and ethical sourcing.
  • Emissions Reduction: A remarkable 16% reduction in Scope 1+2 emissions compared to the prior year demonstrates Pangea’s dedication to lowering its carbon footprint. This reduction has led to a corporate average decrease from 1.14 kgCO2e/m2 to 0.96 kgCO2e/m2 of finished leather.
  • Energy & Water Conservation: Energy consumption decreased by approximately 5% across the board, while water usage was reduced by over 10%, showcasing Pangea’s proactive efforts in resource conservation.
  • Chemical Management: Nearly 20% of chemicals used comprised natural components or content from renewable sources, emphasizing Pangea’s dedication to safer and more sustainable chemical management practices.
  • Waste Recycling: Pangea recycled nearly 20% more waste than the previous year, demonstrating its commitment to waste reduction and circular economy principles.

Commenting on the release of the report, Pangea’s Sales, Marketing & Design EVP, Tim Brennan, expressed pride in the company’s achievements, stating, “At Pangea, sustainability is not just a goal; it’s a fundamental principle that guides our every action. Our annual Sustainability Report reflects our relentless pursuit of excellence in environmental stewardship, ethical practices, and social responsibility. We remain steadfast in our commitment to becoming the most trusted, sustainable supplier to our customers.”

Attachments

Jacquelyn Smith
Pangea
2484362200
JSmith@PangeaMade.com

GlobeNewswire Distribution ID 9146233

Pangea Unveils Annual Sustainability Report

Achieving Excellence in Environmental Stewardship and Ethical Practices Rochester Hills, MI, June 03, 2024 (GLOBE NEWSWIRE) — Pangea, a pioneering force in the automotive leather industry, proudly unveils its annual Sustainability Report, showcasing remarkable achievements in environmental stewardship, ethical business practices, and social responsibility. The report highlights Pangea’s unwavering commitment to driving positive change and […]

Achieving Excellence in Environmental Stewardship and Ethical Practices

Rochester Hills, MI, June 03, 2024 (GLOBE NEWSWIRE) — Pangea, a pioneering force in the automotive leather industry, proudly unveils its annual Sustainability Report, showcasing remarkable achievements in environmental stewardship, ethical business practices, and social responsibility. The report highlights Pangea’s unwavering commitment to driving positive change and creating a sustainable future for generations to come.

This reporting year was an important year for Pangea who not only reduced their carbon footprint, and that of each product, they also introduced a new series of Advanced Leather Products—Ecoda, Terova, Vendura, and Nevila—each boasting distinct characteristics and improvements over standard materials, reinforcing Pangea’s commitment to innovation and quality.

Key Accomplishments Featured in the Report:

  • Gold Standard Accolades: Pangea attained the prestigious Leather Working Group Gold Standard across all leather producing sites globally, underscoring its dedication to responsible leather manufacturing practices.
  • Acclaimed Certifications: Renowned certifications from Supplier Assurance (NQC), Drive Sustainability, EcoVadis, and the Sustainable Leather Foundation (SLF) further validate Pangea’s commitment to sustainability and ethical sourcing.
  • Emissions Reduction: A remarkable 16% reduction in Scope 1+2 emissions compared to the prior year demonstrates Pangea’s dedication to lowering its carbon footprint. This reduction has led to a corporate average decrease from 1.14 kgCO2e/m2 to 0.96 kgCO2e/m2 of finished leather.
  • Energy & Water Conservation: Energy consumption decreased by approximately 5% across the board, while water usage was reduced by over 10%, showcasing Pangea’s proactive efforts in resource conservation.
  • Chemical Management: Nearly 20% of chemicals used comprised natural components or content from renewable sources, emphasizing Pangea’s dedication to safer and more sustainable chemical management practices.
  • Waste Recycling: Pangea recycled nearly 20% more waste than the previous year, demonstrating its commitment to waste reduction and circular economy principles.

Commenting on the release of the report, Pangea’s Sales, Marketing & Design EVP, Tim Brennan, expressed pride in the company’s achievements, stating, “At Pangea, sustainability is not just a goal; it’s a fundamental principle that guides our every action. Our annual Sustainability Report reflects our relentless pursuit of excellence in environmental stewardship, ethical practices, and social responsibility. We remain steadfast in our commitment to becoming the most trusted, sustainable supplier to our customers.”

Attachments

Jacquelyn Smith
Pangea
2484362200
JSmith@PangeaMade.com

GlobeNewswire Distribution ID 9146233

University of Rochester’s Eastman School of Music Recognized in the QS World University Rankings

University of Rochester The University of Rochester is a top-tier research institution which has the third highest percentage of international students among all U.S. universities (U.S. News). Guided by its commitment to equity, diversity, and sustainability, the institution embodies its motto: Meliora “ever better”. With seven schools, over 200 academic majors, nearly 12,000 students, six […]

University of Rochester
The University of Rochester is a top-tier research institution which has the third highest percentage of international students among all U.S. universities (U.S. News). Guided by its commitment to equity, diversity, and sustainability, the institution embodies its motto: Meliora “ever better”. With seven schools, over 200 academic majors, nearly 12,000 students, six hospitals comprising a leading academic medical center, and the nation’s premier optics institute, it is a hub of excellence.
Dr. Jane Gatewood
Dr. Jane Gatewood, the University of Rochester’s Vice Provost for Global Engagement, is aninnovative leader with a 17-year career in global engagement within higher education andexpertise in global research partnerships, academic mobility, and economic development.Dr. Gatewood oversees large cross-functional teams with a global footprint. Her data-drivenand risk management-focused contributions have helped position the university as one of theworld’s top institutions with the largest number of international students. As a Fulbright-Nehru scholar in India, an Andrew W. Mellon Fellow at the University of London, an instructor at the Middlebury Institute for International Studies, and an editor of the Oxford English Dictionary as well as NAFSA’s Guide to International Partnerships (2020), she has significantly contributed to the global discourse on international education.
Jama J. Rossi
Jamal J. Rossi is the Joan and Martin Messinger Dean of the Eastman School of Music at the University of Rochester.
Eastman School of Music at the University Rochester
Eastman School of Music Wind Ensemble, Kodak Hall in Rochester, New York. The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.
Eastman School of Music, University of Rochester
The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024.

ROCHESTER, N.Y., June 03, 2024 (GLOBE NEWSWIRE) — The University of Rochester’s Eastman School of Music has been honored in the prestigious QS World University Rankings for 2024. Ranked No. 3 in North America and No. 11 globally, Eastman shares the stage with leading music institutions in the United Kingdom, France, Russia, China, Finland, Denmark, and Hungary.

For over a century, the Eastman School of Music has been a beacon of excellence in music education and performance. Building from its foundational pillars of artistry, scholarship, leadership, and community, Eastman has cultivated a diverse environment where music thrives not only within our halls but also reverberates beyond, enriching lives and fostering engagement. The school is renowned for its holistic approach to music education, integrating rigorous musical training with humanities studies, leadership education, and interdisciplinary experiences. This commitment to comprehensive education produces graduates who are not only skilled musicians, but also well-rounded individuals prepared to use their talents to influence and inspire communities around the globe.

Dean Jamal J. Rossi commented on the school’s ethos and its recent accolade: “The Eastman School of Music is a vibrant community where some of the best musicians in the world come together to make each other better. Our century-long dedication to the core values of artistry, scholarship, leadership, and community has served as the foundation upon which our alumni have built impactful careers in all aspects of music, and they have enriched the world through their music. This recognition by the QS World Rankings reaffirms our commitment and mission to shape the future of music through artistic and scholarly excellence and innovative leadership.”

Jane Gatewood, Vice Provost for Global Engagement at the University of Rochester, also remarked on the significance of this achievement: “The QS World Rankings’ acknowledgment of the Eastman School of Music underscores our global impact and academic prestige. This recognition is a testament to our faculty’s dedication and our students’ talent, reflecting our leading role in preparing the next generation of world-class musicians.”

This year marks the inaugural inclusion of the music category in the QS World University Rankings. The QS ranking for music schools is derived from comprehensive evaluations of academic reputation and employer reputation, which contribute 80% and 20% to the total score, respectively. Criteria such as research quality, strategic partnerships, innovation, and employability play pivotal roles in this assessment.

For more information on the QS World University rankings for music, please visit: https://www.topuniversities.com/university-subject-rankings/music

For information about the University of Rochester’s Eastman School of Music, please visit: https://www.esm.rochester.edu/admissions/

To learn more about the international admissions and global collaborations, please visit: https://www.rochester.edu/global

For media inquiries and additional information, please contact:

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IXOPAY Appoints Brady Harris as CEO to Drive Global Payments Growth

Following the IXOPAY and TokenEx merger, new leadership strengthens the company’s market position and serves the evolving needs of customers IXOPAY Appoints Brady Harris as CEO to Drive Global Payments Growth Following the IXOPAY and TokenEx merger, new leadership strengthens the company’s market position and serves the evolving needs of customers. TULSA, Okla., June 03, […]

Following the IXOPAY and TokenEx merger, new leadership strengthens the company’s market position and serves the evolving needs of customers

IXOPAY Appoints Brady Harris as CEO to Drive Global Payments Growth
Brady Harris, CEO of IXOPAY
Following the IXOPAY and TokenEx merger, new leadership strengthens the company’s market position and serves the evolving needs of customers.

TULSA, Okla., June 03, 2024 (GLOBE NEWSWIRE) — Today, IXOPAY, announced the appointment of industry veteran Brady Harris as its new CEO. His appointment aligns with the recent merger of IXOPAY and TokenEx, highlighting a significant shift in the payments industry towards a multi-processor payment model, which empowers merchants and fintech companies to improve and diversify their payment strategies. The company thanks departing CEO Marc Olesen for his direction and contributions.

Harris, rated a Top 3 nationwide CEO on Glassdoor, brings over 20 years of experience and executive leadership in FinTech, Payments, and SaaS. As CEO of Dwolla, he oversaw the rapid growth of annual payment volumes from $10 billion to $70 billion, while adding 1.5 million new users monthly. Prior to Dwolla, as the President of Payscape, he was instrumental in its merger with Payroc, creating a global full-service payment provider with over 1,000 employees across 13 offices worldwide; the combined entity operating in 46 countries, serving 150,000 businesses.

His expertise in mergers, acquisitions, and scaling companies to successful exits under private equity sponsors is key as IXOPAY positions itself to become the one-stop solution in the payment industry. The merger has created a platform capable of offering omnichannel tokenization, payment orchestration, and card lifecycle management. The merger addresses the need for redundancy, geographic expansion, and fee negotiation capabilities that single-processor systems lack.

“Payments technology is rapidly advancing, and IXOPAY is set to lead this evolution,” Harris stated. “The integration of tokenization and orchestration allows us to offer a platform that not only supports multi-payment processing but also fosters the development of innovative services.”

“Under Brady’s leadership, IXOPAY is poised to set new benchmarks in the payment sector,” said Vik Verma, Chairman of the Board of Directors. “Our bold strategy emphasizes scalability, security, and groundbreaking advancements that will redefine what payments can achieve.”

Harris and the IXOPAY team are attending Money 20/20 Europe in Amsterdam this week. They will showcase the expanded offerings following the merger, including advancements in payment orchestration, tokenization, risk management, and card lifecycle management. Join them at the RAI Amsterdam at Booth 8a202 to explore how these developments will shape the future of merchant payments.

For further information, please contact:
Nicholas Mueller
SVP, Marketing
n.mueller@ixopay.com

About IXOPAY
IXOPAY, a TokenEx company, is a leading payment orchestration platform that provides a flexible and independent payment solution to manage all payment services in one place. Following its recent merger with TokenEX, IXOPAY is positioned to expand its services globally, offering enhanced capabilities in payment processing and advanced security measures.

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GlobeNewswire Distribution ID 9147319

PTDC to organize 2-day Travel and Tourism Symposium in Islamabad next week

Pakistan Tourism Development Corporation in partnership with World Bank will organize a two-day Pakistan Travel and Tourism Symposium in Islamabad on 10th and 11th of this month.

According to a PTDC official, symposium would be focused on the theme …

Pakistan Tourism Development Corporation in partnership with World Bank will organize a two-day Pakistan Travel and Tourism Symposium in Islamabad on 10th and 11th of this month. According to a PTDC official, symposium would be focused on the theme " Building National Economy through Tourism". The event would showcase Pakistan's rich tourism potential to create government-to-government, business-to-business and Government-to-Business linkages among the industry stakeholders. Over 400 national and international tourism professionals, industry experts, and decision-makers are expected to share their ideas for the development of a future roadmap for the sustainable growth of the tourism industry of Pakistan. Source: Radio Pakistan

Inflation rate drops, rupee witnesses stability against dollar

Inflation rate in the country continues to fall while rupee witnesses stability against dollar for another consecutive month.

According to the recent economic figures, government’s prudent economic policies have decreased the inflation rate to 11.8 …

Inflation rate in the country continues to fall while rupee witnesses stability against dollar for another consecutive month. According to the recent economic figures, government's prudent economic policies have decreased the inflation rate to 11.8 percent during the month of May that is 3.2 percent lower than the previous month. It is the lowest inflation reading since November 2021. According to the recent Pakistan Consumer Confidence Index Survey, public confidence in country's economic strength has increased manifold. It has outlined that the number of people have increased from 12 percent to 18 percent who believe that country is heading in the right direction. The number of Pakistanis have quadrupled who described country's current state of economy as strong. Proportion of Pakistanis being comfortable making daily household purchase has increased 2.5 times while people expressing their confidence in their ability to save for the future increased from 11 percent to 15 percent. It is pertinent to m ention that government's instant measures have resulted in broadening tax net, increased foreign investment and decrease in fuel prices. During last week, OGRA reduced petrol prices by 4.74 rupees per litre and LPG by 3.87 rupees per kilogram. In the month of May, FBR surpassed its revenue target with 760 billion rupees collection. Over twenty one thousand retailers were registered under FBR's Tajir Dost Scheme. In foreign investment, Saudi Aramco acquired 40 percent stakes in Gas and Oil Pakistan. Source: Radio Pakistan

Muhammad Aurangzeb emphasizes significant potential of e-governance in Pakistan

Minister for Finance Muhammad Aurangzeb has emphasized the significant potential of e-governance in Pakistan.

Talking to Deputy Director, Focus Country Implementation of Bill and Melinda Gates Foundation Jason Lamb in Islamabad, he said the digitiza…

Minister for Finance Muhammad Aurangzeb has emphasized the significant potential of e-governance in Pakistan. Talking to Deputy Director, Focus Country Implementation of Bill and Melinda Gates Foundation Jason Lamb in Islamabad, he said the digitization of the tax system is a pivotal step towards modernizing tax collection, which will enhance transparency and revenue growth. Muhammad Aurangzeb also mentioned the necessary improvements required in existing data sources to effectively utilize them for tax purposes. Source: Radio Pakistan

Finance Minister vows to improve tax collection

Minister for Finance Muhammad Aurangzeb has reaffirmed government’s commitment to improve tax collection through Federal Board of Revenue’s (FBR) ongoing efforts in digitization.

He was talking to Regional Head of Technology and Tax Mc Kinsey and Co…

Minister for Finance Muhammad Aurangzeb has reaffirmed government's commitment to improve tax collection through Federal Board of Revenue's (FBR) ongoing efforts in digitization. He was talking to Regional Head of Technology and Tax Mc Kinsey and Co Tom Isherwood in Islamabad today. The Finance Minister said the data from Pakistan Revenue Automation Limited and REMIT can be utilized in digitizing FBR's tax system. Muhammad Aurangzeb emphasized the need for investment in technology and fostering a cultural shift towards digital governance. Source: Radio Pakistan