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Rinchem Achieves Science-Based Targets Approval, Reinforcing Commitment to Sustainability

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2 years ago

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ALBUQUERQUE, N.M., Sept. 4, 2024 /PRNewswire/ — Rinchem Company, LLC, a global leader in chemical management solutions, is proud to announce the approval of its science-based targets by the Science Based Targets initiative (SBTi). This significant milestone marks a crucial step in Rinchem’s ongoing journey toward sustainability and underscores the company’s commitment to reducing its greenhouse gas (GHG) emissions in alignment with the Paris Agreement’s goal of limiting global warming to 1.5°C above pre-industrial levels.

Rinchem’s Approved Science-Based Targets:

Rinchem commits to reducing absolute scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2022 base year. This ambitious target reflects a significant reduction in emissions from Rinchem’s operations, including energy use and transportation.The company is also committed to reducing absolute scope 3 GHG emissions from upstream transportation and distribution by 32.5% within the same timeframe. This acknowledges the impact of Rinchem’s supply chain and demonstrates its commitment to working with partners to achieve sustainability goals throughout the value chain.

Overall Net-Zero Target:
In line with its commitment to long-term sustainability, Rinchem also reaffirms its commitment to reaching net-zero greenhouse gas emissions across its value chain by 2050. While these long-term targets are still under development, achieving SBTi approval for its near-term targets is a critical first step in this journey. These science-based targets demonstrate Rinchem’s proactive approach to addressing climate change and its leadership in environmental responsibility within the chemical management industry.

“We are honored to have our near-term targets officially approved by the Science Based Targets initiative, as it reflects our deep commitment to sustainability and responsible business practices,” said Melody Moore, Rinchem’s Director of Quality and EH&S. “These ambitious targets are not just about reducing our environmental impact—they are about leading our industry toward a more sustainable future.”

Rinchem’s Strategic Approach to Sustainability
Rinchem’s participation in the SBTi is a key element of its broader sustainability strategy, which integrates environmental stewardship into every aspect of its operations. The company’s approved near-term targets will drive significant reductions in GHG emissions across its global operations, particularly in energy-intensive areas such as transportation and distribution.

 “We recognize that the chemical management industry has a crucial role to play in addressing climate change, and we are committed to leading by example,” said Lorena Hutton, CAO of Rinchem. “These targets challenge us to innovate and collaborate with our partners to achieve meaningful results.”

Steps Toward Science-Based Net-Zero Targets
Rinchem is also taking the first steps towards developing a science-based net-zero strategy. The company is actively working to establish long-term targets aligned with the SBTi’s net-zero criteria, which will further solidify its commitment to achieving net-zero greenhouse gas emissions across its value chain by 2050. While these long-term targets are in development, Rinchem’s current focus remains on meeting its near-term science-based targets as part of its ongoing efforts to contribute to a more sustainable future.

Supporting Customers and Enhancing Resilience
Rinchem’s science-based targets are designed to meet regulatory requirements while also supporting its customers’ sustainability goals. As industries such as semiconductors, pharmaceuticals, and solar continue to prioritize environmental responsibility, Rinchem’s leadership in sustainability strengthens its position as a trusted partner. “By reducing our emissions, we are directly supporting our customers in achieving their own sustainability objectives,” said Hutton.

Comprehensive Sustainability Initiatives
In addition to its SBTi-approved targets, Rinchem’s sustainability strategy includes several key initiatives aimed at further reducing its environmental footprint:

Energy Efficiency Improvements: Implementing energy-saving technologies and practices to reduce energy consumption across operations.Renewable Energy: Researching the use of renewable energy sources to power Rinchem’s facilities and operations.Waste Reduction and Recycling: Implementing programs to minimize waste and maximize recycling efforts throughout the company’s supply chain.

By achieving SBTi approval for its near-term targets, Rinchem joins a growing number of companies that are taking bold steps to address climate change. This milestone reinforces Rinchem’s position as a leader in the specialty chemicals industry and demonstrates its unwavering commitment to creating a sustainable future.

About Rinchem
Rinchem Company, LLC, headquartered in Albuquerque, New Mexico, is the largest network of chemical and gas distribution centers globally, with over four billion pounds of chemicals and gases safely managed annually. Rinchem sets the standard in creating and managing safe and efficient supply chains for high-purity, pre-packaged chemicals and gases. With four decades of expertise, industry thought leadership, and logistics transparency, Rinchem provides the most reliable, efficient, and cost-effective solutions for its customers. The primary industries that Rinchem serves include pharmaceuticals, biotech, semiconductors, and solar. For more information, visit Rinchem.com and follow Rinchem on Facebook or LinkedIn.

CONTACT:
Lorena Hutton
SVP, Chief Administrative
Officer& General Counsel
(505) 345-3655

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Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

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29 minutes ago

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October 19, 2026

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New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

29 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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Technology

Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

29 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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