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EcoBalance, KazBeef, and rTek Launch Climate Smart Beef Pilot Program at COP28
DUBAI, UAE, Dec. 3, 2023 /PRNewswire/ — EcoBalance Global, a US-based leader in carbon storage projects, Kazbeef, a subsidiary of Yerkin Tatishev’s Kusto Group, and rTek, a Rakurs Consulting Group company, have partnered to launch the first-ever pilot ranch outside the United States that will deliver the world’s first climate smart beef, using carbon insets, backed by 3rd party validation and blockchain technology.
The pilot has been launched at COP28 in Dubai following the signing of a Memorandum of Understanding between the companies. The project will not only enable blockchain transacted environmentally sustainable cattle outside the United States but will also show the world that the livestock and farming industry can be part of the net-zero solution.
The foundation for the KazBeef pilot is EcoBalance Global’s Framework that supports ranches in deploying a specialized rotational grazing program which allows increased carbon capture in the soil, and utilizing machine learning satellite technology to monitor sustainable land management, focusing on accurate carbon accounting. This is backed up by the Framework’s carbon trade and risk management platform to administer all the requirements of the Framework in conjunction with the blockchain.
As part of the program, rTek, a Rakurs Consulting Group company based in Almaty, Kazakhstan, will leverage its expertise in remote sensing and MRV development, particularly in precision agriculture, to support the pilot program.
The 10-year pilot project is expected to demonstrate the world’s first carbon inset beef supply chain. It is scalable, with the goal of using EcoBalance’s Framework as a global standard for sustainable and climate smart beef supply.
Tellan Steffan, EcoBalance Global said:
“We are delighted to launch the pilot project with the signing of the MoU with our partners at KazBeef and rTek at COP28. This program will enable Kazakh farmers to have the world’s first working carbon storage project on their land that can be scaled and the means to create and market low carbon beef products.
One-third of all human-caused greenhouse-gas emissions, are generated from food systems, and it is hoped that the EcoBalance Framework can offer a comprehensive solution for the reduction of carbon emissions in the agricultural sector and establishing a template that can be scaled globally.”
Established in 2011, KazBeef has consistently showcased its dedication to environmentally conscious farming practices, while maintaining a high quality operation which includes more than 15,000 heads of cattle and produces more 6,000 tons of beef per annum.
In its partnership with EcoBalance Global, KazBeef has found a partner that is equally focused on the development of pioneering farming methods, driven by a mission to reduce the industry’s carbon footprint and provide new revenue for local farmers.
EcoBalance Global’s pilot ranch in North Dakota has created over 18,000 registered soil carbon credits, while simultaneously producing and tracking 900 head of climate smart cattle.
Commenting on KazBeef’s announcement and its participation at COP28, Yerkin Tatishev, the Chairman of Kusto Group, said:
“Kazbeef is a pioneer in environmentally conscious farming and ranching practices. Through this new partnership, we are leading the way in carbon capture in agriculture thanks to our partnership with EcoBalance Global. It is my hope that our efforts can be a model to many others and I am delighted that this has also been recognised through our participation in Kazakhstan’s pavilion at COP28.
“COP28 offers a unique opportunity to discuss the ongoing transition in global food production and farming, and I am proud that KazBeef will play an integral role in creating a more sustainable future for us all.”
Dosym Kydyrbayev, Managing Partner, Rakurs Consulting Group, said:
“As we embrace the challenges and opportunities of environmental sustainability in Kazakhstan, it’s crucial to recognize the pivotal role of innovative technologies and data-driven approaches. Companies like rTek are at the forefront of this transformation, offering vital solutions in soil sampling, MRV, standards adoption, and QA processes for carbon projects.
To advance Kazakhstan’s decarbonization goals, the private sector must commit to long-term collaboration with governments, local, and international bodies. With this project and others, we aim to support our nation’s ecological goals but also to position Kazakhstan as a leader in climate action and sustainable development.”
About EcoBalance Global
EcoBalance Global is a US based carbon reduction project developer, consultant, and carbon program manager. We utilize our relationships with farmers, ranchers, and landowners to develop projects that biologically enhance their soil, sequester and store carbon, as well as increase vegetative production. We have developed a robust Soil Carbon Sequestration and Storage Framework (Framework) to assist the agriculture industry at large to lower their carbon footprint. Our Framework employs methodologies and procedures to address the diverse environmental requirements for farms and ranches around the world.
Through our Framework, we can increase carbon removal and storage rates that we are able to certify through a third-party registry and use verified carbon insets in the Framework life cycle analysis process. We facilitate the use of carbon insets tied to products coming from the land (beef, lamb, cereal grains, etc.). The carbon reduced products enter the supply chain where they may be counted towards Science Based Target Initiatives (SBTi) goals resulting in a low or no carbon footprint product that can be directly tied back to the land it came from. Our business delivers a high value-added quality product that rewards the stewards of the resources for excellent management and provides distributors with a product that they can have complete confidence in.
About KazBeef
KazBeef is a vertically integrated group of companies which produce the leading marbled beef in Kazakhstan under the KazBeef brand. The KazBeef brand and operation reflects the concept of ‘from farm to folk’ and KazBeef is leading an ambitious program to transform Kazakhstan’s vast arable land into a global production and export hub for premium beef products.
KazBeef is a part of the Kusto Group, which employs thousands of people in more than nine countries, across industries as diverse as agriculture, construction materials, real estate, and retail. Chaired by Yerkin Tatishev, Kusto Group is leading the way in developing innovative solutions to meet the challenges of the 21st century.
The company employs over 8,000 staff and has an annual turnover of more than $1bn. In 2013, Kusto Group permanently moved its headquarters from Almaty to Singapore.
About rTek
rTek, a member of Rakurs Consulting Group, has been dedicated to providing sustainable technology solutions in Kazakhstan since 2018.
Their recent focus includes several ongoing natural carbon sequestration projects, involving grasslands, croplands, and afforestation, reflecting a deep commitment to environmental sustainability.
Based in Almaty, rTek is not only an active contributor to Kazakhstan’s sustainability landscape but also is represented in key industry organizations through its founders’ roles in the Qazaq Green Association, responsible for a new standard for carbon emissions verification in Kazakhstan. rTek also is an active leader in research projects throughout the country, including several key multi-year studies initiated by ADB, World Bank, FAO, and the Kazakh Government focused on rangeland sustainability and agricultural water management, and precision agriculture technologies.
View original content:https://www.prnewswire.co.uk/news-releases/ecobalance-kazbeef-and-rtek-launch-climate-smart-beef-pilot-program-at-cop28-302003898.html
STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html
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