Fintech PR
Quadrature Climate Foundation surpasses US$1 billion in philanthropic commitments, emphasising strategic, science-led climate action
LONDON, Sept. 3, 2024 /PRNewswire/ — Quadrature Climate Foundation (QCF) announces a milestone in its commitment to addressing climate change, having surpassed US$1 billion in philanthropic grantmaking since its inception. This achievement is underpinned by QCF’s science-led approach to identifying and unlocking solutions that reduce climate impacts and lift people out of vulnerability. The foundation is poised to accelerate its efforts, with plans to commit up to US$325 million in the coming year to these critical areas.
Established in 2019 by the founders of Quadrature Capital, Greg Skinner and Suneil Setiya, QCF has recently evolved its strategy to reflect the rapidly changing climate landscape and its increased annual commitments. Today, its focus is more urgent and comprehensive than ever: building a climate-resilient future for the world’s most vulnerable people. QCF delivers on this vision through programming across three goals: reducing greenhouse gas emissions, removing greenhouse gases from the atmosphere, and enabling the world’s most vulnerable people to respond to climate impacts.
A science-led, adaptive approach to climate philanthropy
QCF’s strategy is rooted in scientific rigor and a commitment to collaborative innovation. “We believe in the power of strategic philanthropic partnerships to drive climate outcomes,” says Jess Ayers, CEO of Quadrature Climate Foundation. “Our US$1 billion commitment is not just a financial milestone; it’s a testament to the extraordinary efforts of our partners who convert this funding into action. Our grantees work together across science, innovation, policy, finance, and social movements to identify and unlock the bottlenecks to the most urgent climate solutions.”
Greg De Temmerman, Chief Science Officer and Deputy CEO of Quadrature Climate Foundation emphasises the foundation’s science-driven focus: “Science is critical for our understanding of climate change and its impacts, and to solve the challenges it poses. This significant investment allows our partners to push forward with projects that can mitigate the most severe consequences of climate change and enable adaptation to emerging realities. Our approach has always been rooted in solid evidence and collaboration, and we are committed to exploring new frontiers to enhance the effectiveness of our programmes.”
Scaling innovation and overcoming systemic barriers
QCF’s theory of change recognises that achieving systemic climate resilience involves overcoming various bottlenecks, from data limitations and restrictive policies to entrenched social norms. As part of this strategy, QCF is advancing multiple initiatives to address these challenges, including:
Carbon Dioxide Removal (CDR): QCF is supporting innovations for durable carbon removal, which is essential for reaching net zero by 2050, as all Paris Agreement-compatible scenarios require gigaton-scale negative emissions to offset residual emissions. The programme focuses on advancing CDR technologies, improving verification methods, and advocating for regulations that ensure real benefits for both local communities and the global climate.
Driving the transition to electric vehicles: QCF supports campaigns to accelerate the deployment of electric vehicles (EVs), recognising one of the key challenges to this transition is the responsible sourcing of critical minerals like lithium, copper, nickel, and graphite, essential for EV batteries. To address this, QCF is advancing research to better understand future demand-supply dynamics for these minerals, promoting innovation and responsible mining practices, and advocating for stronger regulations to scale up supply while minimising environmental and social impacts.
Methane and short-lived pollutants: While CO2 is the main driver of climate change, methane is a potent greenhouse gas with a shorter lifetime but a higher warming effect. QCF supports research and initiatives to reduce methane emissions from agriculture and livestock and is also backing efforts to mitigate short-lived pollutants like black carbon, which have significant climate and public health impacts.
Looking ahead: expanding focus to address a ‘New Climate Reality’
QCF’s recent strategic pivot recognises the ‘New Climate Reality,’ which acknowledges that rapid decarbonisation is essential, but no longer enough, to keep the world from overshooting the ‘safe’ temperature limit of 1.5°C.
QCF is therefore expanding its portfolio, historically focused on rapid decarbonisation, to also include significant funding to carbon removal and climate adaptation initiatives, to minimise climate overshoot and help the most vulnerable respond to the impacts. It is also increasing its emphasis on science and research, by supporting a diverse network of postdoctoral fellows at global universities, supporting mission-oriented research to tackle specific bottlenecks, and fostering spaces for debate among scientists, practitioners, and stakeholders to identify new pathways for action.
“We are recalibrating our strategy to balance our portfolio more evenly across reducing emissions, removing carbon, and responding to climate impacts,” adds Jess Ayers. “This shift allows us to focus on areas where QCF can drive the most additional impact, recognising that rapid and sustained emissions reductions remain the most critical way to stabilise the climate.”
QCF’s journey ahead is clear: to leverage its resources and partnerships to catalyse systemic change, drive innovation, and build a more resilient future for those most vulnerable to climate change.
Media Contacts: [email protected]; [email protected]
About Quadrature Climate Foundation:
Quadrature Climate Foundation (QCF) is an independent philanthropic organisation focused on addressing the urgent challenges posed by climate change. Established by the founders of Quadrature Capital in 2019, QCF is dedicated to supporting innovative solutions that reduce greenhouse gas emissions, remove greenhouse gases from the atmosphere, and respond effectively to climate impacts. QCF’s work is informed by science and driven by a commitment to lift people out of vulnerability. Learn more at qc.foundation
View original content:https://www.prnewswire.co.uk/news-releases/quadrature-climate-foundation-surpasses-us1-billion-in-philanthropic-commitments-emphasising-strategic-science-led-climate-action-302236746.html
DUBLIN, Oct. 9, 2024 /PRNewswire/ — BTY is proud to announce that Jack McInerney, Managing Director responsible for Infrastructure Advisory globally and BTY’s Europe expansion, has joined the firm’s ownership group. This recognition highlights his exceptional leadership in driving BTY’s growth across North America and Europe over the past decade.
Under McInerney’s leadership, BTY has continued to evolve as one of the top-ranked advisory firms, delivering an extensive portfolio of over $100 billion in project investments across more than 200 deals in various sectors, including social infrastructure, renewables and clean energy, transportation, aviation, mobility, environment, and data and digital connectivity.
“Our success is rooted in fostering high-performing, integrated teams built on empowered and growth-oriented succession and mentorship,” said Jack McInerney. “We ensure clients benefit from the depth and breadth of BTY’s industry relationships, and the wealth of expertise across project, finance, and construction disciplines that we consistently deliver.”
McInerney has been instrumental in opening new sectors for BTY, establishing the firm’s reputation as a trusted advisor on complex, first-of-their-kind projects. These include landmark deals such as the Ontario Line RSSOM and Southern Civil Stations and Tunnel projects in Canada, LaGuardia Airport Terminal B and the I-4 Ultimate in the U.S., and the Higher Education Bundle 1 and Project Opus in Europe—one of the region’s largest transactions, involving the Dublin Convention Centre, and major telecom and healthcare assets across Ireland.
Toby Mallinder, BTY’s Managing Director, recognized McInerney’s accomplishments saying, “Jack exemplifies how we cultivate talent and maximize the value our approach delivers to clients in capital markets and asset management. His efforts have significantly propelled BTY’s growth by assembling a top-tier team with a unique, client-focused approach that spans every sector and delivery model in the global infrastructure landscape.”
Having joined BTY in 2011 and originally based in Vancouver, McInerney was appointed to spearhead the firm’s entry into linear infrastructure, with a particular focus on transportation assets and transit systems. McInerney and the team used this approach to rapidly expand BTY’s infrastructure client base across North America, and more recently, in Europe, where Dublin has become the firm’s launchpad for expansion in the region.
“This is an exciting new chapter for BTY,” added McInerney. “We look forward to sharing our new strategic direction with clients and industry partners, particularly our rapidly growing capabilities in the U.S., as well as renewables and energy, decarbonization, connectivity, operational services, and more.”
About BTY
BTY is an award-winning professional consultancy offering complete project solutions in real estate and infrastructure asset planning, development, operations, and transactions. Founded in Western Canada in 1978, the firm now has offices across Canada, the United States, Ireland, the United Kingdom, and Turkey, with a diverse global portfolio. BTY’s core services encompass Cost Management, Project Monitoring & Lender Services, Infrastructure Advisory, and Project Management. To learn more, visit BTY.COM.
View original content:https://www.prnewswire.co.uk/news-releases/bty-welcomes-jack-mcinerney-to-ownership-group-302272128.html
Fintech PR
Miami International Holdings Participates in the 2024 Ring the Bell for Financial Literacy Initiative during World Investor Week
PRINCETON, N.J., Oct. 9, 2024 /PRNewswire/ — Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today ceremoniously rang the opening bell at its Princeton, N.J. headquarters in honor of the World Federation of Exchanges’ (WFE) Ring the Bell for Financial Literacy initiative.
“The importance of financial literacy to support an equitable future for all global investors cannot be overstated and we are pleased to once again participate in this year’s Ring the Bell for Financial Literacy initiative,” said Thomas P. Gallagher, Chairman and CEO of MIH. “MIH enthusiastically supports educational initiatives that help pave the way for future investors and we actively partner with schools in our community to empower students with knowledge to help maximize their future financial success.”
The Ring the Bell for Financial Literacy ceremony supports the International Organization of Securities Commissions’ (IOSCO) World Investor Week (WIW) 2024, a global campaign to raise awareness about the importance of investor education and protection. This marks the fifth consecutive year that IOSCO and the WFE are working in partnership on the Ring the Bell for Financial Literacy initiative.
Mr. Gallagher added, “In furthering our financial literacy efforts, MIH proudly sponsors the John Lothian News Futures Discovery video series that provides a unique, peer-led learning experience for young investors to learn about futures markets from students at Roosevelt University in Chicago.”
Additional details and information on the IOSCO WIW 2024 campaign is available at https://www.worldinvestorweek.org. Information on the WFE’s Ring the Bell for Financial Literacy 2024 campaign is available at https://www.world-exchanges.org/ring-bell-financial-literacy-2024.
About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX SapphireTM), MIAX Futures Exchange, LLC (MIAX FuturesTM), LedgerX LLC d/b/a MIAX Derivatives Exchange (MIAXdxTM), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).
MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all four exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism. MIAX also serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).
MIAX Futures is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures. MIAX Futures is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.
MIAXdx is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Swap Execution Facility (SEF) with the CFTC.
BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.
Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.
MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Chicago, IL and Miami, FL. MIAX Futures offices are located in Minneapolis, MN. MIAXdx offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.
To learn more about MIAX visit www.miaxglobal.com.
To learn more about MIAX Futures visit www.miaxglobal.com/miax-futures.
To learn more about MIAXdx visit www.miaxdx.com.
To learn more about BSX visit www.bsx.com.
To learn more about Dorman Trading visit www.dormantrading.com.
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.
Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected]
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Fintech PR
Newmark Group’s Third Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Tuesday, November 5, 2024
Conference call scheduled for the same day at 10:00 a.m. ET
NEW YORK, Oct. 9, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its third quarter 2024 financial results press release and conference call. The Company plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at 8:00 a.m. ET on Tuesday, November 5, 2024. Newmark’s advisory release will notify the public that a full-text financial results press release will be accessible at the following pages:
http://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, link to the webcast, and supplemental Excel financial tables)
https://www.nmrk.com/media (PDF version of the full press release only)
Newmark will host a conference call on Tuesday, November 5, 2024, at 10:00 a.m. ET to discuss its results.
WHO: Newmark Group, Inc. (Nasdaq: NMRK)
WHAT: Third Quarter 2024 financial results conference call
WHEN: Tuesday, November 5, 2024, at 10:00 a.m. ET
WHERE: https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56
For those who are unable to join the webcast, the Company expects to post dial-in information before the day of the call on the event’s page at http://ir.nmrk.com.
Webcast Replay
|
Expected Available From – To: |
11/05/2024 at 1:00 p.m. ET – 11/05/2025 at 11:59 p.m. ET |
|
Replay Link: |
https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56 |
Note: If clicking the above links does not open a new webpage, you may need to cut and paste the URLs into your browser’s address bar.
ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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