Technology

Industry leaders back plans for zero-emissions aluminium, ammonia and steel

Published

4 years ago

September 23, 2022

Mission Possible Partnership maps path to decarbonize materials production

NEW YORK, Sept. 23, 2022 /PRNewswire/ — More than 200 industry leaders have endorsed strategies from the Mission Possible Partnership (MPP) to decarbonise some of world’s hardest-to-abate, carbon-intensive industries in this decade.

New plans released at New York Climate Week for production of near-zero emissions materials – aluminium, ammonia and steel – have won support from more than 60 companies, bringing to more than 200 the tally of endorsements for MPP’s published Sector Transition Strategies (STS) which also include aviation, shipping and trucking.

The signatories reflect growing momentum among high-ambition companies, including steelmakers ArcelorMittal, Companhia Siderúrgica Nacional (CSN), Liberty Steel, SSAB, Rio Tinto, Tata Steel, thyssenkrupp and Vale; aluminium producers Alcoa, Rio Tinto and EGA; and in the ammonia sector, CF Industries, BASF, SABIC and Yara, as well as renewable energy providers Ørsted, Iberdrola and ACWA Power. These three sectors jointly contribute about 17% of global GHG emissions.

MPP, an alliance of leading organisations working to decarbonise hard-to-abate industries, presented two new STS reports for aluminium and ammonia, and an updated steel strategy, during World Economic Forum’s Sustainable Development Impact Meetings at Climate Week. Participants included senior industrialists and representatives from governments and the financial industry.

Matt Rogers, CEO of MPP said: “These transition plans are operationally relevant and industry-backed, not wishful thinking or pie in the sky. We know how to reduce emissions, initially deploying resources and technology available today. The imperative is to act now, in this decade: we’re working with industry, supply chains and finance to deliver the clear thinking and asset-by-asset plans to make net zero viable”.

Each STS is premised on the deployment of available technologies by 2030, a date that looms near for industry incumbents operating old-economy assets. The reports detail specific requirements – with real-economy milestones – for clean energy, new or retrofitted industrial plants, and policy reform to meet sectoral carbon budgets aligned to the Paris Agreement goal to curb global heating to 1.5 degrees above pre-industrial levels by 2050.

Faustine Delasalle, vice-chair of the Energy Transitions Commission (ETC), a founding partner of MPP, said: “Support for these strategies from more than 200 industry leaders sends a signal of hope: companies around the world are committed to invest at scale for a net zero-emissions economy. The data developed by ETC with MPP partners will inform targets and actions from companies in key value chains, as well as financial institutions and governments – and helps all of us to keep decision-makers accountable”.

In the steel sector, early progress in breakthrough projects and increased supply of near-zero primary steel are essential to remain within a Paris-aligned sectoral carbon budget. MPP estimates that commercialisation of net-zero technologies would cost up to $200 billion per year, implying significantly higher demand for hydrogen, clean electricity and natural gas, but a stark decline in coal power.

Sanjiv Paul, vice-president for safety, health and sustainability at Tata Steel, said: “This strategy has laid down the challenges for the steel industry to decarbonise. We are collaborating with suppliers, downstream partners, start-ups, academia, and communities within our area of influence to work towards mitigating the threat of climate change”.

Aluminium plays an enabling role in decarbonising the world economy. MPP’s STS for primary aluminium would mobilise clean power, improved material efficiency and recycling at a cost of up to $1 trillion to reduce carbon emissions by 95%. In a business-as-usual scenario, the sector will emit a cumulative 37 gigatons of carbon by 2050, an overshoot of more than double the Paris-aligned carbon budget of 15 gigatons.

Abdulnasser Bin Kalban, CEO of Emirates Global Aluminium, said: “Aluminum plays an essential role in decarbonisation economy-wide, but it also matters how aluminum is made. Decarbonising aluminium by 2050 requires rapid and proactive cooperation with other sectors, from developing more renewables to designing final products that are easily recyclable. The Mission Possible Partnership’s roadmap will help us achieve this great task.”

MPP forecast demand for ammonia could increase six-fold by 2050, driven by new markets for green ammonia as a marine fuel and for power generation. The shipping sector has the potential to make or break demand for near-zero emissions ammonia. Coordination by policymakers to adopt, certify and expand ammonia’s new application as a marine fuel will be critical to this transition.

The new STS reports follow strategies for aviation, trucking, shipping and steel. Strategies for concrete and cement, and the chemicals sector, are planned for release this year.

To download the reports

Please go to the MPP website:

Making Net-Zero 1.5°C-Aligned Aluminium Possible

https://missionpossiblepartnership.org/wp-content/uploads/2022/09/Making-1.5-Aligned-Aluminium-possible.pdf

Making Net-Zero 1.5°C-Aligned Ammonia Possible

https://missionpossiblepartnership.org/wp-content/uploads/2022/09/Making-1.5-Aligned-Ammonia-possible.pdf

Making Net-Zero Steel Possible

https://missionpossiblepartnership.org/wp-content/uploads/2022/09/Making-Net-Zero-Steel-possible.pdf

Interactive tool

MPP has released an interactive ‘Explorer’ tool to compare decarbonisation options in different regions, with the functionality to generate custom user scenarios. The Python model for STS analytics is also available, with full coding and open-source input data.

Aluminium: Explore the Net-Zero Transition

https://dash-mpp.plotly.host/aluminium-net-zero-explorer/

https://github.com/missionpossiblepartnership/mpp-shared-code

Ammonia: Explore the Net-Zero Transition

https://dash-mpp.plotly.host/mpp-ammonia-net-zero-explorer/

https://github.com/missionpossiblepartnership/mpp-shared-code

Steel: Explore the Net-Zero Transition

https://dash-mpp.plotly.host/mpp-steel-net-zero-explorer/

https://github.com/missionpossiblepartnership/mpp-steel-model

Sector press releases

For detailed press release for each STS report, please go to:

Aluminium Press Release
https://missionpossiblepartnership.org/aluminium-sts-press-release/

Ammonia Press Release
https://missionpossiblepartnership.org/ammonia-sts-press-release/

Steel Press Release
https://missionpossiblepartnership.org/steel-sts-press-release/

The Mission Possible Partnership is an alliance of climate leaders focused on supercharging efforts to decarbonize some of the world’s highest-emitting industries. By leveraging the convening power, talent and expertise of world-leading organizations on climate action, the MPP aims to trigger a net-zero transformation of seven industrial sectors; Aviation, Shipping, Trucking, Steel, Aluminium, Chemicals and Concrete. MPP is led by four core partners: the Energy Transitions Commission, RMI, We Mean Business Coalition and the World Economic Forum. Our goal is to propel a committed community of CEOs from carbon-intensive industries—together with their financiers, customers, and suppliers—to agree and act on decarbonizing industry and transport in this decade.

SOURCE Mission Possible Partnership

Technology

Southwire Shares Fourth Annual Inclusion Report, Showcasing Inclusion in Action

Published

45 minutes ago

September 8, 2026

CARROLLTON, Ga., Sept. 8, 2026 /PRNewswire/ — Our Future Is Powered by Inclusion.

At Southwire, inclusion is more than a commitment. It is one of our core values and a key part of how we build worth for our team members, customers, communities and shareholders.

We’re proud to share our 2025 Inclusion Report, highlighting the progress we’ve made in advancing an inclusive culture and strengthening our impact across six key focus areas: People Leaders, Inclusive Workforce, Employee Resource Groups, Reputation and Community, Equity and Governance, and Value and Supply Chain.

Last year, our Inclusion Employee Net Promoter Score (eNPS) reached 70, an increase of 17 points since 2021. We also invested $1 million in inclusion-focused initiatives, contributed more than 4,800 volunteer hours in support of nonprofit organizations, and spent $890 million with small and certified-owned suppliers.

From bringing together more than 2,000 team members at Include Summit to earning recognition as one of the World’s Most Ethical Companies® and one of America’s Greatest Workplaces for Inclusion, we continue to create opportunities for people to contribute, grow and lead.

As we look ahead, our focus remains clear: embedding inclusion into how we lead, operate and grow. When every team member is empowered to contribute, we create stronger ideas, better decisions and greater value for all our stakeholders.

We invite you to explore the full Inclusion Report to learn more about the people, programs and partnerships helping power our future.

Please also visit our social media channels and Inclusion website to help us share our story.

Together, we will continue Building Worth for generations to come.

For more Southwire news, visit www.southwire.com/newsroom.

About Southwire
Southwire Company, LLC is North America’s leading wire and cable company. The $9.7B organization is made up of more than 9,000 team members across the globe who unite as ONE Southwire each and every day to serve each other, their customers and their communities. Southwire and its subsidiaries provide solutions including building wire and cable, metal-clad cable, utility products, portable and electronic cord products and OEM wire products. In addition, Southwire offers electrical products, engineered solutions and a variety of field support services. For more on Southwire’s products and solutions, its community involvement and its vision of sustainability, visit www.southwire.com.

Contact: Ashley Bush
Senior Director, Communications
Phone: (678) 684-7634
ashley.bush@southwire.com

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SOURCE Southwire

Technology

ZAGENO Earns Frost & Sullivan’s 2026 North American Life Sciences E‑Commerce Company of the Year Recognition

Published

45 minutes ago

September 8, 2026

Honored for transforming life sciences procurement through digital innovation, automation, and a customer-first platform

SAN ANTONIO, Sept. 8, 2026 /PRNewswire/ — Frost & Sullivan has recognized ZAGENO with its 2026 North America Life Sciences E-Commerce Company of the Year Recognition for helping transform life sciences e-commerce beyond traditional online purchasing into a unified procurement orchestration platform. By serving as a single entry point into scientific procurement, ZAGENO enables scientists, procurement teams, suppliers, and enterprise systems to operate within one connected workflow—reducing procurement friction while improving governance, visibility, and operational efficiency across research organizations.

As life sciences organizations embrace increasingly digital, automated, and globally distributed research operations, procurement has become a strategic function requiring greater visibility, governance, and integration. Rather than navigating fragmented supplier portals, distributor systems, and punch-out catalogs, organizations increasingly need a single platform that orchestrates the entire procurement lifecycle. ZAGENO delivers that capability by unifying sourcing, ordering, approvals, supplier management, spend visibility, tracking, and payment into one governed workflow.

Founded in 2015 and headquartered in Cambridge, Massachusetts, ZAGENO has built one of the industry’s largest procurement ecosystems, providing access to more than 50 million laboratory products from over 5,000 suppliers. Serving as a single entry point into scientific procurement, the platform centralizes sourcing, ordering, approvals, tracking, and payment while integrating directly with Enterprise Resource Planning (ERP), Procure-to-Pay (P2P), and accounting platforms such as SAP, Coupa, and Oracle NetSuite. Researchers can search by product name, Chemical Abstracts Service (CAS) number, or chemical structure, compare pricing, availability, and delivery timelines in real time, and consolidate purchases from multiple suppliers into a single purchase order and invoice. At the same time, procurement teams maintain governance, supplier oversight, and spend visibility through configurable approval workflows operating seamlessly in the background.

“ZAGENO continues to redefine digital procurement by extending life sciences e-commerce beyond an online marketplace into a procurement orchestration platform,” said Ana Dominguez, Best Practices Research Analyst at Frost & Sullivan. “Its ability to unify supplier networks, enterprise systems, governance, and intelligent automation within a single workflow helps reduce procurement friction while enabling researchers and procurement teams to operate more efficiently. Investments such as the company’s expanded engineering hub in Bangalore have further accelerated innovation and enabled faster delivery of customer-driven enhancements aligned with evolving research needs.”

The platform reduces longstanding procurement inefficiencies by orchestrating suppliers, enterprise systems, and purchasing workflows through a single interface. Scientists save an average of 6.5 hours per week sourcing and ordering laboratory materials, while procurement teams benefit from configurable approval workflows, supplier governance, real-time spend visibility, automated three-way matching, and streamlined reconciliation that can reduce invoice processing time by as much as 40%. Together, these capabilities improve compliance, increase operational efficiency, and enable researchers to spend more time focused on scientific discovery.

ZAGENO continues to advance AI-powered capabilities that improve search precision, surface supplier and fulfillment insights, automate repetitive procurement tasks, and support smarter purchasing decisions across the procurement lifecycle. Combined with one of the industry’s largest supplier ecosystems, deep enterprise integrations, and a customer-driven innovation model, these capabilities position ZAGENO as a trusted procurement infrastructure partner helping life sciences organizations navigate increasingly complex research environments.

“We’re honored to receive this recognition from Frost & Sullivan. As research organizations become more connected and more complex, procurement has evolved far beyond purchasing. Our vision has always been to simplify that complexity by bringing scientists, procurement teams, suppliers, and enterprise systems together through a single procurement orchestration platform. We’re proud to see that vision recognized, and even more excited about what’s ahead for our customers,” said Florian Wegener, CEO & Co-Founder, at ZAGENO.

Each year, Frost & Sullivan honors one company with its Company of the Year Recognition, awarded to organizations that demonstrate exceptional growth, innovation, and customer value. The selection process includes rigorous research, competitive benchmarking, and in-depth industry analysis.
Frost & Sullivan’s Best Practices Awards recognize companies worldwide for excellence in leadership, technology innovation, customer service, and strategic execution—highlighting those that are shaping the future of their industries.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Lindsey Whitaker
P: +91- 9953764546
E: Lindsey.Whitaker@frost.com

About ZAGENO

ZAGENO is the procurement orchestration platform for life sciences, connecting scientists, procurement teams, suppliers, and enterprise systems through a single, governed workflow. With access to more than 50 million laboratory products from over 5,000 suppliers, ZAGENO helps research organizations simplify procurement and accelerate discovery. Talk to the ZAGENO team to learn more: https://go.zageno.com/request-a-demo.

Contact:
Ivana Visnjic-Lynch
P: +1 508 524 5206
E: ivana.visnjic-lynch@zageno.com

View original content:https://www.prnewswire.com/news-releases/zageno-earns-frost–sullivans-2026-north-american-life-sciences-ecommerce-company-of-the-year-recognition-302872724.html

SOURCE Frost & Sullivan

Technology

Shutterstock Appoints Three Accomplished Business Leaders to Board of Directors

Published

45 minutes ago

September 8, 2026

Timothy Adams, Matthew Salzberg, and Michael Thompson bring extensive financial, operational, investment, and technology expertise to Shutterstock’s Board

NEW YORK, Sept. 8, 2026 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a family of brands delivering scalable creative and GenAI solutions to help customers fuel great work, today announced the appointment of Timothy Adams, Matthew Salzberg, and Michael Thompson to its Board of Directors.

The appointments add three accomplished executives and investors with deep experience across technology and emerging markets, investment and capital allocation, building and scaling businesses, and public-company finance and governance. Their collective expertise further strengthens the Board as Shutterstock remains focused on creating long-term value for the Company and its shareholders.

“The caliber of leaders joining our Board speaks to both the strength of Shutterstock and the opportunity ahead,” said Jon Oringer, Executive Chairman of the Board at Shutterstock. “Tim, Matt, and Michael have each built impressive careers leading, investing in and advising companies through periods of growth and transformation. They bring deep financial, operational, governance, and technology expertise, along with the independent perspective that comes from having successfully navigated complex business environments. We are thrilled they have chosen to bring that experience to Shutterstock.”

Timothy Adams is a seasoned financial executive and board director with more than 20 years of leadership experience across public and private technology companies. He currently serves as Chief Financial Officer of Validity Inc. and previously served as Chief Financial Officer of Rapid7, Inc., and BitSight Technologies, Inc. Adams also served on the Board of Directors of Model N, where he chaired the Audit Committee. Throughout his career, he has led and advised on IPOs, M&A transactions, capital raises, and strategic financings, bringing extensive experience in public-company governance, financial discipline, and investor relations. He holds a B.S. in Accounting from Murray State University, and an M.B.A. from Boston University.

Matthew Salzberg is a CEO, investor, and founder with extensive experience building, scaling, and transforming technology-enabled businesses. He is co-founder and Chairman of Unlimited, an alternative investment manager, and co-founder of Embark Veterinary and Coldcart. Salzberg founded Blue Apron in 2011 and served as CEO for its first six years, growing the company from an idea into a nationally recognized consumer brand with approximately $910 million in annual revenue and more than 5,000 employees. He led Blue Apron’s 2017 initial public offering and later served as Chairman of its Board. Salzberg also founded venture capital firm Material, and previously served as CEO of Ambr Group. He holds an A.B. in Economics, summa cum laude, from Harvard College, and an M.B.A. from Harvard Business School.

Michael Thompson has served as Managing Partner of Reinvent Capital, a private investment fund focused on technology companies, since 2017. Previously, he founded and served as Managing Partner of BHR Capital, a New York-based hedge fund. Thompson has invested in and advised numerous innovative technology companies throughout his career, with particular experience across aerospace, advanced energy, emerging technologies, and AI applications in the physical world. He currently serves on the Boards of Directors of Joby Aviation, Oklo Inc. and American Banknote Corporation, and is an advisor to Xona Space Systems. Thompson holds a Bachelor of Business Administration in International Finance from the Honors Program at the University of Georgia.

About Shutterstock
Shutterstock is in the business of turning ideas into impact. Powered by a global network of millions of creators and our cutting-edge technology, we provide businesses, creatives, and brand leaders with the essential, universal ingredients to make their work more effective. Shutterstock offers access to one of the world’s largest and most diverse collections of high-quality licensable assets, specialized training datasets, evaluation tools, and end-to-end strategic partnerships for the full model training lifecycle, as well as advertising and distribution solutions, exclusive editorial content, and full-service studio production—delivering unparalleled resources to fuel great work.

Discover our impact at www.shutterstock.com and connect with us on LinkedIn, Instagram, X, Facebook and YouTube.

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SOURCE Shutterstock, Inc.