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Frost & Sullivan: C&I Sector Decarbonisation Gains Momentum Amid Tech Advances, Regulations, and Sustainability Push

LONDON, April 4, 2025 /PRNewswire/ — The commercial and industrial (C&I) sector is at the forefront of the global energy transition, with growing incentives and advanced technologies unlocking new decarbonisation opportunities. Regulatory oversight and market-driven forces are propelling companies to optimise energy use, electrify operations, and shift to low-carbon energy sources.

A significant transformation in energy procurement is underway and businesses are increasingly adopting digital solutions to track emissions, manage energy consumption, and balance supply and demand in real time. Despite geopolitical uncertainties, market forces are expected to drive C&I decarbonisation at a double-digit CAGR over the next decade.

Corporate sustainability and accountability are central to this transition, with climate-focussed reporting frameworks enhancing transparency and compliance. Stricter Scope 2 emissions regulations are accelerating the adoption of cleaner energy, while Scope 3 disclosures – mandated by international climate authorities and protocols – are making supply chain sustainability a priority. The European Corporate Sustainability Reporting Directive (CSRD) further strengthens this shift by requiring businesses to report on direct and indirect value chain relationships.

“The next decade presents an unprecedented opportunity for businesses to accelerate their decarbonisation efforts,” says Jonathan Robinson, Growth Expert at Frost & Sullivan. “As technology costs decline and corporate climate accountability grows, companies that proactively invest in energy optimisation and sustainability will be best positioned for success.”

Propelled by declining costs, sustainability goals, and incentives, the global C&I Distributed Solar PV market will experience peak demand by 2030, when it is forecasted to reach 115.2 GW in annual installations. Post-2030, C&I solar growth is expected to slow in legacy markets, while demand rises in emerging markets across Asia, Latin America, and Africa & the Middle East.

Corporate Power Purchase Agreements (PPAs) are a key driver of the renewable energy transition, with more industries adopting them to secure sustainable power and hedge against price volatility. Multi-buyer agreements, storage integration, and the rise of alternative energy sources like geothermal and nuclear are reshaping corporate energy procurement.

“Standardisation efforts at corporate and government levels are streamlining PPA adoption, reducing costs, and accelerating agreements. Frost & Sullivan projects that by 2035, corporate PPAs will drive over 25% of global wind and solar development, cementing their role in the energy transition,” Robinson concludes.

Click here to unlock growth potential and explore the future Commercial and Industrial Energy Decarbonisation.

YOUR TRANSFORMATIONAL GROWTH JOURNEY STARTS HERE. Frost & Sullivan’s Growth Pipeline Engine, transformational strategies and best-practice models drive the generation, evaluation, and implementation of powerful growth opportunities. Is your company prepared to survive and thrive through the coming transformation? Join the Journey

Editor’s Note

To arrange an interview or for any questions, please contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com

XChange TEC.INC Announces Acquisition of Hong Kong Insurance Brokerage Firm to Expand Market Presence

SHANGHAI, April 4, 2025 /PRNewswire/ — XChange TEC.INC (NASDAQ: XHG) (the “Company”), today announced the acquisition of a Hong Kong-based insurance brokerage firm licensed by the Hong Kong Insurance Authority. This transaction grants the Company direct access to Hong Kong’s dynamic insurance market and paves the way for the Company to launch tailored insurance solutions for clients across China and international markets.

The acquisition marks a critical milestone in the Company’s Asia-Pacific growth strategy. Hong Kong’s insurance sector has demonstrated robust growth driven by rising demand from mainland Chinese clients and expatriates seeking international-standard wealth preservation tools. As a gateway linking global capital flows, Hong Kong offers unparalleled opportunities to serve high-net-worth individuals, multinational corporations, and cross-border investors. The Company’s entry into Hong Kong market aligns with the vision to become a one-stop hub for clients seeking sophisticated risk management and wealth enhancement solutions. The local regulatory capabilities allow the Company’s business team to deliver innovative insurance products that meet the evolving needs of Asia’s affluent population.

About XChange TEC.INC

XChange TEC.INC, through its subsidiaries and consolidated variable interest entities, operates insurance agency and insurance technology business. The insurance agency is PRC-licensed and operates nationwide in the PRC with a wide range of insurance products underwritten by major insurance companies, including industry leading and/or state-owned property and casualty insurance companies as well as certain regional property and casualty insurance companies in China. The insurance technology business is focused on operating and developing insurance technology in the PRC, including developing SaaS platform to connect consumers and underwriting support.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company’s actual results may differ materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company’s business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

NYSE Content Advisory: Pre-Market Update + March Employment Report

NEW YORK, April 4, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Pre-Market Update + March Employment Report

Kristen Scholer delivers the pre-market update on April 4th

  • Economists estimated March’s jobs report out this morning included 228,000 hires last month with the unemployment rate at 4.2 percent.
  • Wall Street is closely watching economic data to see the impact on the market’s response to President Donald Trump’s levy announcement on Wednesday.
  • Stocks remain under pressure early Friday as China announced retaliatory tariffs of 34 percent on U.S. goods.

Watch NYSE TV Live every weekday 9:00-10:00am ET 

 

Ex-FDA Expert Dr. Yaning Wang Joins Tsingke to Drive Small Nucleic Acid Drug Innovation

BEIJING, April 4, 2025 /PRNewswire/ — Recently, Beijing Tsingke Biotech Co., Ltd. officially announced the appointment of Dr. Yaning Wang, a former senior expert at the FDA, as the company’s Chief Scientific Advisor in the field of small nucleic acid. This collaboration injects strong momentum into Tsingke’s growth in small nucleic acid drugs raw materials, marking a significant enhancement in the company’s technical capabilities, regulatory compliance, and quality control.

Dr. Yaning Wang’s Industry Experience and Contributions

As the global small nucleic acid drugs market rapidly expands, driven by growing demand for precise treatments targeting genetic disorders, rare diseases, and cancer. The high specificity of small nucleic acid drugs makes them particularly promising for rare diseases caused by single-gene mutations. However, this progress also comes with technical hurdles and increasingly stringent regulatory requirements. Amidst the surging market and growing regulatory challenges, Dr. Yaning Wang joins Tsingke at this pivotal moment to strengthen our capabilities on RNA technologies. His expertise will help Tsingke drive the development of high-quality, customized small nucleic acid solutions while accelerating innovation in nucleic acid drug development.

Former FDA Expert Dr. Yaning Wang
Former FDA Expert Dr. Yaning Wang

Dr. Yaning Wang has extensive experience and outstanding achievements in the pharmaceutical industry. He obtained his Bachelor’s degree in Pharmacy from Peking University in 1996, followed by a Master’s degree in Biochemistry from the National Anti-Doping Center in 1999. In 2003, he earned a dual degree-a Ph.D. in Pharmacy and a Master’s in Statistics-from the University of Florida.

During his tenure at the U.S. Food and Drug Administration (FDA), Dr. Wang held several key positions, ultimately serving as Director of the Division of Quantitative Pharmacology in the Office of Clinical Pharmacology. He played a leading role in the approval of multiple new drugs, ensuring their safety and efficacy, and made significant contributions to the advancement of global drug regulation.

“We are thrilled to welcome Dr. Yaning Wang to Tsingke. His extensive expertise and remarkable contributions to the pharmaceutical industry will undoubtedly strengthen Tsingke position in the rapidly evolving field of small nucleic acids. Through its collaboration with Dr. Wang, Tsingke will integrate the latest global regulatory standards and compliance guidelines, strengthening regulatory management capabilities to ensure its products meet the highest quality and safety standards in complex market environments,” said Shijin Ma, President of Tsingke.

About Tsingke

Tsingke leads DNA/RNA synthesis with a full-chain platform offering gene synthesis, oligo modification, antibodies, proteins, gene regulation, and detection. Backed by a 12,000㎡ R&D facility, a 100,000-class clean workshop, and 300+ IP rights, Tsingke delivers high-quality solutions trusted by 300,000+ customers worldwide.

In small nucleic acid drug development, Tsingke drives innovation in synthesis, modification, delivery, and scale-up. With an end-to-end service model-from sequence design to validation-the company supports both research and GMP-grade production through its large-scale oligo API platform. By ensuring drug safety and delivery efficiency, Tsingke provides global researchers with tailored solutions and expert support.

For more information on Tsingke, please visit https://www.tsingke.com/ or connect with us on LinkedIn at https://www.linkedin.com/company/tsingke/.

Beijing Tsingke Biotech Co., Ltd.

market@tsingke.com.cn

https://www.tsingke.com/ 

RepTrak reveals the 2025 Global RepTrak® 100 Most Reputable Companies

BOSTON, April 4, 2025 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak (GRT) 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from 211,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2025 report.

For the second consecutive year, the global Reputation Score has increased. Building on 2024’s recovery, it rose by ▲0.7 points to land at a Strong 74.5. This rise comes despite the many global elections, unending economic unease, and geopolitical conflicts that defined this past year. While crises have often triggered sharp fluctuations in corporate reputation, 2025’s GRT data shows a kind of reputational resilience to external disruptions.

“This year’s findings highlight a global turning point in how companies build and deploy a reputation strategy,” says RepTrak CEO Mark Sonders. “In an era defined by constant disruption, the Top 100 companies have distinguished themselves not by avoiding challenges, but by responding with clarity, consistency, and cultural relevance. They’ve earned their reputations by showing up — not just in words, but in action — and stakeholders are taking notice.”

RepTrak’s report explores how people thought, felt, and acted towards companies over the past year. Findings include: notable increases in Conduct and Citizenship efforts, all 7 Drivers of Reputation reaching Strong Scores, stakeholders’ rising willingness to invest, and a record-high Brand Score driven by authentic, culturally aligned corporate communications.

To read the full 2025 Global RepTrak 100 report, visit: www.reptrak.com/globalreptrak

About The RepTrak Company

The RepTrak Company is the world’s premier provider of reputation data and insights, helping businesses harness reputation intelligence to secure competitive advantage. RepTrak’s predictive insights enable subscribers to safeguard business value, optimize ROI, and amplify their positive societal impact. Combining advanced metrics with dedicated reputation advisors, RepTrak delivers actionable analyses that align business goals with stakeholder sentiment across global markets and diverse industries.

Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit www.reptrak.com.

2025 Global RepTrak 100 Report Preview
2025 Global RepTrak 100 Report Preview

 

Aker Horizons ASA: Notice of Annual General Meeting

FORNEBU, Norway, April 4, 2025 /PRNewswire/ — The annual general meeting of Aker Horizons ASA (the “Company”) will be held on Wednesday, 30 April 2025 at 13:00 CEST as a virtual meeting. The proposed agenda includes election of members of the Board of Directors.

The meeting will be conducted as a virtual meeting only, accessible online via Lumi AGM. All shareholders will be able to participate in the meeting, vote and ask questions from smartphones, tablets or desktop devices. For further information regarding electronic participation, please refer to the guide available at https://akerhorizons.com/investors/shareholder-center/general-meetings/.

Although no pre-registration is needed for attending online, shareholders that are eligible for attending and voting at the annual general meeting are encouraged to register their attendance no later than 28 April 2025 at 13:00. Deadline for registration of advance votes and proxies is 28 April 2025 at 13:00 CEST.

Please find attached the following documents:

  • Notice and Proxy form for the Annual General Meeting 2025
  • The Board of Directors’ Proposed Resolutions for the Annual General Meeting 2025
  • Remuneration Guidelines
  • Proposal from the Nomination Committee

All documents to be processed in the meeting are also available at https://akerhorizons.com/investors/shareholder-center/general-meetings/.

For further information:
Investor Relations:
Jonas Gamre
Mobile: +47 97 11 82 92
E-mail: jonas.gamre@akerhorizons.com

Media:
Mats Ektvedt
Mobile: +47 41 42 33 28
E-mail: mats.ektvedt@corporatecommunications.no

About Aker Horizons ASA

Aker Horizons ASA develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons ASA applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons ASA is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. www.akerhorizons.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/aker-horizons-asa–notice-of-annual-general-meeting,c4131059

The following files are available for download:

https://mb.cision.com/Public/20659/4131059/9a73884e105bae00.pdf

Aker Horizons Notice of Annual General Meeting 2025 and Proxy Form

https://mb.cision.com/Public/20659/4131059/94b158cae1591ff2.pdf

The Board of Directors Proposed Resolutions for the Annual General Meeting 2025 79

https://mb.cision.com/Public/20659/4131059/bb76e720ea4e54c3.pdf

Proposal from the Nomination Committee of Aker Horizons ASA to the Annual General Meeting 2025

https://mb.cision.com/Public/20659/4131059/aa653daed8323d32.pdf

Remuneration Guidelines for Aker Horizons ASA

 

CIIE Global Promotion Gains Momentum Across Southeast Asia, Europe and Latin America

SHANGHAI, CHINA – Media OutReach Newswire – 4 April 2025 – In March 2024, three delegations from the China International Import Expo (CIIE) launched a series of global promotional events to boost participation in the 8th CIIE. Spanning across nine countries—Laos, Thailand, Vietnam, Sweden, Italy, Malta, Brazil, Peru, and Ecuador—these initiatives engaged local embassies, industry leaders, and key enterprises, reinforcing the CIIE’s role as a premier platform for global trade and economic cooperation.

In Europe, the delegation underscored the CIIE’s role in fostering cross-border partnerships. Italian businesses, for instance, have been active participants since the CIIE’s inception in 2018, with luxury brands and advanced manufacturing firms leveraging the platform to penetrate China’s consumer market. Swedish companies such as Arjo and Hexagon showcased cutting-edge technology and innovative products in the fields of manufacturing and healthcare at the 7th CIIE, securing promising business opportunities. Meanwhile, Malta has utilized the CIIE to promote its Mediterranean specialty products, attracting strong interest from the Chinese market.

Promotional events in Brazil, Peru and Ecuador highlighted their success stories from previous editions. As a guest country of honor at the 7th CIIE, Brazil spotlighted its growing trade ties with China, notably featuring Luckin Coffee in its national pavilion. Bolstered by upgraded free trade agreements and the CIIE’s support, Peruvian and Ecuadorian exhibitors have seen rising demand for products like squid, avocados, and grapes in China’s vast market.

In Southeast Asia, the promotional group communicated with local representatives about the expanding opportunities provided by the CIIE. Laos views the CIIE as a gateway to global and Chinese market, enhancing economic and trade relations with China. Vietnam has leveraged the CIIE to introduce high-quality local products, securing numerous commercial agreements. Similarly, Thailand has used the platform to promote its specialty goods, further deepening its trade ties with China.

As the 8th CIIE gradually approaches, over 240,000 square meters of the Business Exhibition space have already been booked. With its ever-expanding influence and growing roster of participants, the CIIE continues to set the stage for international trade and investment. Businesses worldwide are invited to join the 8th CIIE this November in Shanghai, China. Explore new opportunities at the official CIIE website: China International Import Expo (CIIE)

Media Contact

Company Name: China International Import Expo (CIIE)

Contact Person: Cui Yan

Email: exhibition@ciie.org

Website: https://www.ciie.org/zbh/en/

Hashtag: #CIIE

The issuer is solely responsible for the content of this announcement.

Dusit International expands its presence in India, leading luxury hospitality growth in emerging Tier 2 and 3 cities – with a new focus on metro destinations to follow

Building on the successful opening of dusitD2 Fagu, Shimla, Dusit is set to bring its Thai-inspired gracious hospitality to high potential markets across India – including Bhiwadi, Raipur, Lonavala, Kasol, Kolkata, Manali, and Karnataka – while also preparing to target Tier 1 destinations in its next phase of development.


NEW DELHI, INDIA Media OutReach Newswire – 4 April 2025 – Deeping its commitment to India, Dusit International, one of Thailand’s leading hotel and property development companies, has announced plans to expand its presence in the country by launching its luxury and upper midscale brands in key emerging markets.

Dusit International unveiled its expansion plans for India during a media briefing held at The Leela Palace, New Delhi, on 3 April 2025. Pictured: Ms Deepika Arora, Consultant/Advisor – South Asia, Dusit International, and Mr Siradej Donavanik, Vice President – Development (Global), Dusit International.
Dusit International unveiled its expansion plans for India during a media briefing held at The Leela Palace, New Delhi, on 3 April 2025. Pictured: Ms Deepika Arora, Consultant/Advisor – South Asia, Dusit International, and Mr Siradej Donavanik, Vice President – Development (Global), Dusit International.

With rising disposable incomes, increasing demand for premium stays, and enhanced connectivity reshaping India’s hospitality landscape, Dusit is focused on underserved yet high-potential markets nationwide.

In addition to exploring opportunities in India’s Tier 1 cities, Dusit also aims to target Tier 2 and Tier 3 destinations where luxury and upscale hospitality options are currently limited – creating opportunities to deliver curated, high-end experiences tailored to local demand. This strategic expansion builds on the momentum of Dusit’s recent foray into the Indian market with the opening of the contemporary, upscale dusitD2 Fagu, Shimla in December 2024, and the signings of three key properties in Karnataka: the wellness-focused Devarana Sakleshpur, Karnataka – A Dusit Retreat (set to open in 2028), and two upcoming Dusit Princess Hotels & Resorts.

With a diverse brand portfolio spanning the ultra-luxury Devarana – Dusit Retreats to upper midscale and midscale brands such as Dusit Princess and ASAI Hotels, Dusit plans to tap underserved locations where it can leverage its expertise in delivering Thai-inspired gracious hospitality to meet the needs of today’s business and leisure travellers.

Prioritising quality over quantity, the company is thoughtfully selecting locations that align with its ethos of premium, experience-driven hospitality – offering a distinctive blend of holistic wellness, contemporary design, and exceptional service.

As part of this vision, Dusit is preparing to launch six additional hotels across the country. The upper-midscale Dusit Princess brand will debut in Raipur (200 keys), Bhiwadi (165 keys), Kolkata (220 keys), and Lonavala (120 keys). Meanwhile, two boutique luxury properties under the recently introduced Dusit Collection brand – in Kasol and Manali (each with 40 rooms) – will offer refined escapes in the Himalayan foothills.

“India represents an exceptional growth opportunity for Dusit – across major metros and particularly in Tier 2 and Tier 3 cities, where premium hospitality options remain limited despite strong demand,” said Mr Siradej Donavanik, Vice President – Development (Global), Dusit International. “The country’s tourism industry is evolving rapidly, with increasing demand for high-quality, experience-driven stays. By blending our unique brand of Thai-inspired gracious hospitality with wellness-led experiences and destination-driven properties, we aim to create exceptional stays that resonate deeply with Indian travellers. Through strategic partnerships with visionary local developers, we are committed to shaping India’s premium hospitality landscape for the long term.”

Beyond immediate expansion, Dusit is focused on building an integrated hospitality ecosystem in India, where luxury stays, holistic wellness, refined gastronomy, and hospitality education converge to deliver lasting value. At the heart of this vision is a deep commitment to sustainability driven by Dusit’s group-wide Tree of Life programme. Aligned with selected United Nations Sustainable Development Goals, the programme features 31 measurable criteria designed to ensure a lasting and positive impact in every community Dusit serves.

Through Dusit Hospitality Education, the company will also focus on local talent development, ensuring that Indian hospitality professionals are trained to uphold world-class service standards. Together, these initiatives underscore Dusit’s commitment to responsible hospitality and its vision for sustainable growth in the global hospitality industry.

Dusit’s entry into the Indian market forms part of its broader expansion strategy targeting vibrant, high-growth markets such as Vietnam, Indonesia, Japan, China, and India. With a bold plan to sign more than 100 hotels globally over the next five years, Dusit is poised to captivate travellers worldwide with its unique fusion of Thai-inspired gracious hospitality and thoughtfully integrated local traditions.

Hashtag: #dusitinternational

The issuer is solely responsible for the content of this announcement.

About Dusit International

Established in 1948, or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services.

Dusit Internationals diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification.

For more information, please visit

About Dusit Hotels and Resorts

is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes close to 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide.

For more information, please visit