Mavenir Wins Deutsche Telekom’s Partner of the Year Award for Best Network Innovation

MeeC Project Recognised for Delivering Up to 65% Energy Savings in Deutsche Telekom’s 5G Core Network

BONN, Germany, June 26, 2026 (GLOBE NEWSWIRE) — Mavenir, the software company building cloud-native, AI-by-design mobile networks, today announced it has won the Deutsche Telekom Partner of the Year Award for Best Network Innovation. The award was presented at the Telekom Campus Fair 2026 by Deutsche Telekom’s senior leadership.

2026 Mavenir wins Deutsche Telekom Partner of the Year Award for Best Network Innovation

2026 Mavenir wins Deutsche Telekom Partner of the Year Award for Best Network Innovation

This recognition underscores Mavenir’s pivotal role in the Most Energy Efficient Core (MeeC) initiative, a flagship collaboration with Deutsche Telekom built on its Horizontal TelCo Cloud – the company’s own cloud architecture and a blueprint for the telecommunications industry. MeeC has redefined energy efficiency in 5G Core networks, delivering up to 65% reduction in energy consumption during low-traffic periods while maintaining uncompromised performance and service quality.

Launched in 2025, MeeC applies advanced AI-driven traffic analysis and predictive workload optimisation to identify and eliminate energy waste across 5G Core functions – without compromising network performance or service quality. The project demonstrated that significant energy reductions are achievable at commercial scale in live network environments.

Pardeep Kohli, Chief Executive Officer at Mavenir, said: “Winning Deutsche Telekom’s Partner Award is a tremendous honour for the entire Mavenir team. MeeC is a compelling demonstration of what becomes possible when cloud-native architecture, AI-driven automation, and genuine partnership combine. Sustainable networks are not a future ambition – they are an operational reality, and we are proud to have helped Deutsche Telekom prove that at scale.”

The Telekom Partner Awards celebrate the outstanding contributions from Deutsche Telekom partners in the fields of network technology, operations, and sustainability. The award was also jointly presented to AMD in recognition of their contribution to the MeeC initiative.

Information to the Editor:

Most energy efficient Core: Mobile World Congress presentation
https://www.youtube.com/watch?v=Mw2g-CSSAtI

About MeeC (Most Energy Efficient Core)
MeeC is a Deutsche Telekom innovation program focused on transforming 5G Core efficiency through intelligent automation. Key achievements include:

  • Up to 65% energy savings versus baseline operations
  • AI-powered traffic prediction and real-time scaling
  • Dynamic workload consolidation across cloud-native functions
  • Zero-touch automation enabling continuous optimisation
  • Proven deployment in a live Tier-1 production network

About Mavenir
Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company’s deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world’s subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators’ evolution to TechCos. For more information, please visit www.mavenir.com

Mavenir PR Contacts:

Emmanuela Spiteri
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7cc50fe-62ad-4a40-b285-74324d5d708e

GlobeNewswire Distribution ID 9753159

Austria’s Sindbad Mentoring Wins F1® Allwyn Global Community Award – Securing €100,000 to Combat Educational Inequality

F1 Allwyn Global Community Awards, Austria
F12026GPAUT08_JT00617

The F1® Allwyn Global Community Award 2026 trophy presented to Barbara Krainer and Julia Unterberger from winning local community initiative Sindbad Mentoring at the FORMULA 1® LENOVO AUSTRIAN GRAND PRIX 2026 in Spielberg, Austria.

SPIELBERG, Austria, June 25, 2026 (GLOBE NEWSWIRE) — Sindbad Mentoring has today been crowned the winner of the F1® Allwyn Global Community Award at the FORMULA 1® LENOVO AUSTRIAN GRAND PRIX 2026. The non-profit organisation, which empowers young people through one-to-one mentoring, has been awarded a transformative €100,000 donation from Allwyn, the lottery-led entertainment company. This will supercharge Sindbad’s mission to level the playing field for young people, boost social mobility, and inspire them to pursue their dream career pathways, especially in STEM.

Many young people from disadvantaged backgrounds still lack access to professional networks, role models, and career guidance, creating barriers to social mobility. This means a massive pool of potential talent is being overlooked – where many bright young minds never get the chance to enter sectors such as STEM, manufacturing and green tech.

Operating across Austria and newly launched in Germany, Sindbad Mentoring connects teenagers aged 13-19 from underrepresented backgrounds with long term, personal mentors. Since 2019, 8,400 young people across Austria have taken part. By breaking down social barriers and building cross-background mentoring relationships, the non-profit helps teens develop a true sense of confidence and belonging, while gaining valuable insights into their future careers, especially in STEM fields.

Allwyn’s donation will support Sindbad’s further expansion, helping to close the opportunity gap by strengthening access to education, training, professional networks, and employment. With Allwyn’s support, Sindbad could provide mentoring to 35 additional young people in Graz, with a stronger focus on STEM and motorsport-related career pathways.

The Award’s judging panel recognised the recipient’s power to create lasting impact, delivering enduring societal benefit through sustained youth development. Mentoring builds vital self-esteem and character in the young people that need it most, providing a critical support network to make big educational and career choices which they may not otherwise receive from their immediate family or community.

Sindbad Mentoring is the second non-profit to be recognised by the F1® Allwyn Global Community Award in 2026. Following a highly successful inaugural year in 2025, this year’s programme launched last month with Canadian charity La Tablée des Chefs winning the first award at the FORMULA 1® LENOVO GRAND PRIX DU CANADA for its vital work in fighting food insecurity, by recovering and redistributing meals to vulnerable families.

More NGOs will be recognised across the Grand Prix race locations this season, including at the Formula 1 Pirelli British Grand Prix 2026 next week. Later in the year, Formula 1® fans will have the chance to cast their vote on their favourite initiatives, as part of Allwyn’s plan to bring these fans closer to the programme.

Erwin van Lambaart, CEO and General Director of Casinos Austria AG and Österreichische Lotterien and F1® Allwyn Global Community Award judge, said: “We are proud to award the F1® Allwyn Global Community Award to Sindbad Mentoring. Its commitment to guiding young people through their critical developmental years offers a profound, human impact that extends far beyond the individual. At Allwyn, we believe the true power of sport lies in its ability to unite and uplift the communities that host us across the Grands Prix. By fostering self-esteem and education during these formative years, Sindbad Mentoring is not only transforming lives today but creating a ripple effect of opportunity that will benefit these young people, and their entire community, for a lifetime.”

Ellen Jones, Head of ESG at Formula 1 and F1® Allwyn Global Community Award judge, said: “Sindbad Mentoring’s model doesn’t just offer immediate help, but builds enduring confidence and opportunity, a mission that mirrors Formula 1’s own commitment to ensuring our sport acts as a powerful catalyst for growth and inclusion worldwide. We are thrilled to name Sindbad Mentoring the winner of the very first Austrian Formula 1® Allwyn Global Community Award, and look forward to seeing the fantastic impact made by this initiative in years to come.”

F1® Allwyn Global Community Award winner, and Co-Head of Sindbad Mentoring, Barbara Krainer, said: We are incredibly proud and grateful to receive this recognition. Above all, this award belongs to our volunteer mentors and the entire Sindbad community, whose commitment makes a lasting difference in the lives of young people every day. Through our long-term one-on-one mentoring program, we support young people during the critical transition from school to further education, training, or employment, helping them build confidence, discover their strengths, and connect with new ideas and opportunities.”

F1® Allwyn Global Community Award winner, and Co-Head of Sindbad Mentoring, Julia Unterberger, added: The generous support from Allwyn will allow us to increase our impact and provide mentoring to 35 additional young people in Graz. Furthermore, we are particularly excited to expand our focus on STEM and motorsport-related career pathways, helping young people explore new possibilities and actively shape their own futures. Together with our partners from schools, businesses, and civil society, we are strengthening access to opportunities and reducing educational inequality.”

Notes to editors

About Allwyn
Allwyn is a multi-national gaming entertainment company, lottery-led and with leading market positions and trusted brands across Europe and North America, listed on Euronext Athens. Its purpose is to make play better for all by focusing on innovation, technology, player safety and returning more to good causes across a growing casual gaming entertainment portfolio.

About Allwyn’s partnership with Formula 1®
The multi-year partnership with Formula 1® represents a drive towards increased global awareness for Allwyn, with the sport’s 24 races across the globe, 750 million fans, and 96 million social media followers, as well as its reach across broadcast channels and entertainment outlets.

The partnership will reinforce Allwyn’s position as an international brand driving community impact across the world, in support of its global growth plans.

At the heart of the partnership is the development of initiatives that will support the company’s ambition to be a positive contributor to society globally. With Allwyn and Formula 1® equally committed to empowering fans and local communities, the partnership will give Allwyn the opportunity to utilise the sport’s ever-growing international fan base to celebrate those making positive change, sharing these inspiring stories on a global level.

About Formula 1®
Formula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) attributed to the Formula One Group tracking stock. The F1 logo, F1 Formula 1® logo, Formula 1®, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1® company. All rights reserved.

Further information about the F1® Allwyn Global Community Award, including eligibility criteria and the selection process, can be found on our website: https://www.allwyn.com/responsibility/community-award.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d2988ac-96c9-4885-b105-ef655678a8b3

Media enquiries [email protected]

Press contacts

Formula 1® Press Office

E: [email protected]  

T: @f1media

GlobeNewswire Distribution ID 1001209630

The new geography of business travel: where professionals are heading this summer, according to Holafly for Business

Holafly for Business: Summer Travel & eSIM Report 2026
As work becomes more flexible and travel integrates into everyday life, modern professionals are drawn to destinations that combine economic relevance with lifestyle appeal. Solutions like Holafly for Business are key to helping international travelers remain connected, productive and secure wherever work happens.

DUBLIN, June 25, 2026 (GLOBE NEWSWIRE) — For years, the world’s business travel map was largely defined by financial centres and corporate headquarters. Today, professionals are increasingly drawn to destinations that combine economic relevance with lifestyle appeal. New research from Holafly for Business reveals that Spain, Japan and the United States are the destinations attracting the highest number of business travellers this summer, reflecting a broader evolution in how and why people travel for work.

According to Holafly’s Summer Travel & eSIM Report 2026, Spain is the leading destination for business travellers this summer, reinforcing its position as one of the few countries capable of attracting both corporate and leisure travel at scale. Japan ranks second, followed by the United States and France, highlighting the continued importance of markets that combine strong business ecosystems with global accessibility.

Japan’s position near the top of the ranking reflects its growing importance within the global business landscape, particularly as companies strengthen commercial ties across Asia-Pacific, one of the fastest-growing regions for business travel.

The United States remains one of the world’s most important destinations for corporate mobility, supported by its concentration of technology, finance and multinational headquarters. France, the United Kingdom, Canada and Germany continue to attract strong business travel demand, while the United Arab Emirates stands out as one of the few destinations whose appeal appears driven primarily by business activity. Despite its limited presence in broader leisure rankings, the UAE has continued to strengthen its position as a global hub for finance, technology, trade and international events, particularly through cities such as Dubai and Abu Dhabi.

“Business travel today is about much more than attending meetings,” said Alex Bryzowski, VP of Holafly for Business. “The destinations leading our ranking combine economic relevance with the infrastructure, accessibility and international appeal that modern professionals increasingly expect.”

The business travel map is no longer defined solely by where companies operate, but increasingly by where professionals want to spend their time. As work becomes more flexible and travel becomes more integrated into everyday life, solutions such as Holafly for Business are key to remain connected, productive and secure wherever work happens.

Top 10 Business Travel Destinations for Summer 2026

  1. Spain
  2. Japan
  3. United States
  4. France
  5. Italy
  6. United Kingdom
  7. Canada
  8. Germany
  9. United Arab Emirates
  10. Greece

Media contact: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3e6d65bc-1f14-4208-ac31-4c2a3bb7112a

GlobeNewswire Distribution ID 1001209183

CGTN: How is China turning bumper harvests into lasting prosperity for farmers?

BEIJING, June 24, 2026 (GLOBE NEWSWIRE) — Following Chinese President Xi Jinping’s inspection tour in Dezhou, east China’s Shandong Province, CGTN published an article exploring how China is turning bumper harvests into lasting prosperity for farmers. The article highlights the country’s efforts to strengthen food security, advance rural revitalization and ensure the benefits of development reach local communities.

A few taps on a smartphone, and the wheat is sold.

This summer, Wang Xiugang, a farmer in Xiajin County of Dezhou City, east China’s Shandong Province, no longer had to spend hours waiting in line at a grain collection station. Through a mobile app, he could book a delivery time, check the prices, track quality inspection results and complete the entire selling process – from weighing to payment – in about 30 minutes.

The shift from queuing in person to selling grain at one’s fingertips offers a glimpse into China’s steadily advancing agricultural modernization.

For Chinese President Xi Jinping, agriculture, rural areas and farmers have long remained a top priority in governance. During an inspection tour in Dezhou on Wednesday, Xi stressed that agricultural and rural modernization is vital to China’s broader modernization drive and called for concrete measures to strengthen the sector.

Securing the nation’s rice bowl

“Ensuring a stable supply of grain and other important agricultural products is the top priority of agricultural production,” Xi said while visiting farmland in Dezhou.

His remarks carry particular significance in a city often described as one of China’s key grain baskets. Although it occupies just over 10,000 square kilometers, Dezhou contributes more than one kilogram out of every 100 kilograms of grain produced nationwide.

In recent years, Dezhou has become a testing ground for boosting agricultural productivity. Launched in 2021 by Dezhou City to advance national food security, the “Dunbanliang” initiative is a high-yield agricultural program that aims to produce over 1.5 metric tonnes of grain per Chinese mu (approximately 0.0667 hectares). Two years later, Dezhou built the country’s first one-million-mu “Dunbanliang” demonstration zone.

The gains have been driven by high-standard farmland, upgraded irrigation systems, improved seed varieties and integrated water-and-fertilizer technologies. By 2025, farmland meeting the “Dunbanliang” benchmark had expanded to 1.58 million mu in Dezhou.

The effort is part of a broader national push. More than 90% of China’s summer grain harvest has been completed this year, with another bumper harvest largely secured.

Turning harvests into better lives

Yet producing more grain is only part of the story.

For many farmers, challenges begin after the harvest. Limited drying space, storage losses and fluctuating market prices can all eat into earnings.

In Wucheng County, also in Dezhou, local authorities have introduced a “grain bank” model to address these concerns. Farmers can store grain, have it professionally dried and choose when to sell, helping reduce losses and improve returns.

The initiative underscores a broader vision behind China’s drive for agricultural and rural modernization. The goal is not merely to boost agricultural output, but to advance rural revitalization and ensure farmers reap the fruits of modernization.

That goal was evident during Xi’s tour.

At the home of villager Yu Xinhu in Xiyujia Village, Xi sat down with the family and asked about their daily lives, their jobs and income, the health of elderly family members, and the children’s education. The questions highlighted a key measure of rural development: whether farmers are seeing tangible improvements in their lives.

In Xiyujia Village, those improvements are becoming increasingly visible. Through integrated development of e-commerce, tourism and cultural industries, it has helped more than 3,000 nearby residents share development opportunities. A livestreaming center generates about one million yuan in annual collective village income, while educational tourism programs attract more than 20,000 visitors each year.

As Xi told villagers before leaving, the ultimate goal of modernization is to meet people’s aspirations for a better life. The ultimate success of a bumper harvest lies not only in the grain it produces, but in the prosperity and opportunities it brings to those who grow it.

https://news.cgtn.com/news/2026-06-24/How-China-turns-bumper-harvests-into-lasting-prosperity-for-farmers-1Of7MKxNpeM/p.html

CGTN Digital 
[email protected]

GlobeNewswire Distribution ID 9752405

Shell unveils its Triple 10 Challenge Concept Car

Co-engineered vehicle uses innovative thermal management fluid to enable faster charging, greater efficiency and lower lifecycle emissions

Shell unveils its Triple 10 Challenge Concept Car

The Shell Triple 10 Challenge Concept Car achieves a 10% to 80% charge in under 10 minutes thanks to advanced thermal fluids which avoid the need for large, heavy batteries.

 

LONDON, June 23, 2026 (GLOBE NEWSWIRE) — Shell has today unveiled its Triple 10 Challenge concept car, a ground-breaking proof-of-concept vehicle designed to inspire a new design philosophy for the next generation of battery electric vehicles (EVs).

Shell unveils its Triple 10 Challenge Concept Car
The Shell Triple 10 Challenge Concept Car achieves a 10% to 80% charge in under 10 minutes thanks to advanced thermal fluids which avoid the need for large, heavy batteries.

The Shell Triple 10 Challenge Concept Car achieves a 10% to 80% charge in under 10 minutes thanks to advanced thermal fluids which avoid the need for large, heavy batteries.

This compact, mass-market EV demonstrates next-generation electric vehicle capability, and offers the industry an alternative to the current reliance on ever-larger batteries by re-imagining the fundamentals of thermal management.

A New Benchmark for Efficiency

The vehicle meets three ambitious goals that Shell believes can help drive the future of mass-market electric mobility:

  • Charge Faster – a sub 10-minute charge time
  • Go Further – 10-km/kWh economy,
  • Drive Cleaner – a life cycle 10-tonne CO2e footprint

The Triple 10 Challenge is the first road-worthy vehicle to have successfully demonstrated the potential of a simplified, single-circuit cooling architecture to efficiently manage the thermal load of the car’s entire powertrain, even under the most extreme fast-charging scenario in real-world conditions.

Cara Tredget, VP Mobility & Lubricants Technology for Shell, said:
“With the Triple 10 Challenge concept car, we have unlocked the potential for faster charging, lighter systems and improved lifecycle efficiency by using our advanced thermal fluids. Together with our co-engineering partners, we are proud to develop alternative options for sustainable EV development leveraging technologies that are available today and are scalable to support customers into the future”.

The Shell Triple 10 Challenge Concept car has been designed to achieve 10 km/kWh in driving economy with a smaller, more efficient battery system, adding over 30% improvement in overall energy efficiency compared to many current-generation EVs, enabled by Shell’s advanced thermal fluids that provide optimal thermal management.

The Triple 10 Challenge vehicle is able to charge the battery from 10% to 80% charge in 9 minutes 54 seconds, without compromise to thermal stability or lifespan. While some EVs in market today can charge in under 10 minutes, this requires using an ultra-fast charger in excess of 300kW, which is uncommon on the public charging network. However, the Triple 10 Challenge vehicle is able to attain this on the existing charging network infrastructure using a standard 175kW charger, adding 24km/minute range, compared to typical BEVs at an average 13km/minute range on the same charger – equivalent to almost 90% more range added per minute of charge.

The Triple 10 Challenge concept car is estimated to have a lifecycle carbon footprint of approximately 10 tonnes CO2e1. Enabled by its lightweight design, optimized battery capacity, low-carbon and recyclable materials, together with 100% renewable electricity for vehicle charging, this is estimated to represent around a 50% reduction in lifecycle emissions compared to typical battery electric vehicles in the European market2.

The Technology: Immersive Thermal Management

The key to the Triple 10 Challenge car’s performance is Shell Recharge thermal fluid. Unlike traditional cooling systems that use water-glycol, Shell’s dielectric fluid allows for direct immersion cooling of the battery and powertrain components including the motor and power electronics. By redefining heat management across the battery and powertrain, the team has unlocked the potential for faster charging, lighter systems and improved lifecycle efficiency – using technologies that exist and can scale today, as we look to leading in this space in our business tomorrow.

Unveiled at HORIBA MIRA’s proving ground, the concept car is the culmination of Shell’s Triple 10 Challenge. By incorporating a more compact and efficient battery pack design with fewer modules and using Shell’s advanced thermal fluid, enabling a simplified housing architecture, these improvements contribute to about a 25% reduction in overall battery pack cost compared to a conventional EV.

Furthermore, Shell today announced the integration of Shell’s full EV capabilities together under Shell Recharge – from charging, to fluids, to battery solutions, to create a stronger, single end-to-end offer for both B2B and B2C EV customers. As part of this, the Shell EV-Plus brand will be retired.

Notes to editors

About the Triple 10 Challenge partners

The Shell Triple 10 Challenge Concept Car is a demonstration of the potential of immersive fluid technology and a showcase of British co-engineering excellence. Shell worked alongside leading automotive pioneers to integrate the Shell Recharge thermal fluid and maximise the performance of the car. Partners included:

  • RML: Spearheaded the battery pack architecture and high-performance integration. RML’s engineering utilised Shell’s dielectric fluid to strip out the heavy, complex piping required by traditional water-glycol systems, successfully shrinking the pack and reducing overall vehicle mass.
  • Empel Systems: Developed the advanced electric motor and drive units. By leveraging the highly efficient single-circuit immersive cooling, Empel was able to significantly downsize the motors while maintaining exceptional power density and contributing to the 10-km/kWh efficiency target.
  • HORIBA MIRA: Conducted world-class vehicle integration, testing and validation. Utilising their state-of-the-art VTEOS (Vehicle Thermal and Electrical Optimisation System) rig, HORIBA MIRA validated the single-fluid architecture’s efficacy, subjecting the system to simulated extreme global weather conditions – proving its backwards compatibility with standard radiators.

Shell’s Heritage in Ultra-Efficient Vehicle Innovation

The Shell Triple 10 Challenge Concept Car is the latest in Shell’s rich heritage of developing and advancing ultra-efficient vehicle concepts. Shell’s track record includes Project M, developed in 2016 as an ultra-efficient city car concept focused on addressing the challenges of mass mobility. In commercial transport, Shell’s Starship programme has continued to push the boundaries of freight efficiency since 2018 through successive generations of highly fuel-efficient Class 8 trucks. Most recently, Shell partnered with China’s largest truck manufacturer, FAW, to equip the latest Starship vehicle with an advanced hybrid battery incorporating Shell’s immersive thermal cooling fluid. Shell’s pioneering legacy of efficient mobility innovation extends back to the Shell Eco-marathon, which for more than four decades has provided a global platform for students to design, build and test some of the world’s most energy-efficient vehicles.

Cautionary Note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this [report] “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this [report] refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking statements

This [report] contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’; “aspire”, “aspiration”, ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this [report], including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this [report] are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2025 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this [report] and should be considered by the reader. Each forward-looking statement speaks only as of the date of this [report], [insert date]. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this [report].

Shell’s net carbon intensity

Also, in this [report] we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s net-zero emissions target

Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our combined Scope 1 and 2 target, NCI target and our oil products ambition over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

Forward-Looking non-GAAP measures

This [report] may contain certain forward-looking non-GAAP measures such as [free cash flow] and [underlying operating expenses]. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

The contents of websites referred to in this [report] do not form part of this [report].

We may have used certain terms, such as resources, in this [report] that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

____________________________

1 The Triple 10 Challenge concept vehicle has been developed to demonstrate what is technically achievable under optimized conditions. These conditions include the use of 100% renewable electricity vehicle charging over the 200,000 km lifetime of the vehicle via the Shell Recharge network in the UK, powered by certified renewable electricity. The results are derived from a Shell internal life cycle assessment in line with ISO 14040 &14044 standards drawing on emission factor data from component suppliers and manufacturers, recognized LCA databases and literature publications. Actual results may vary under real-world conditions.
2 The indicated reduction in lifecycle greenhouse gas emissions relative to typical battery electric vehicles is based on a comparison with a published life cycle assessment study conducted by Ricardo in 2023 for the European Commission and assuming the same vehicle lifetime of 200,000 km. Differences in underlying methodological assumptions and vehicle specifications (including vehicle size and battery capacity), as well as use-phase conditions mean that the emissions reduction should be regarded as indicative only. Actual outcomes may vary in real-world applications.

Contact details:
Ben Hibbert, VCCP Roar, E: [email protected]; MN: +447794413044
James Ralph, VCCP Roar, E: [email protected]; MN: +447889002305

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/3e3bf8d9-236c-4645-9a71-40d8feb17d7c

https://www.globenewswire.com/NewsRoom/AttachmentNg/4de55b2c-15ba-4626-9d74-f95f4c34eb25

Videos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/151be6fb-5b16-465d-9846-24d6acff344d

https://www.globenewswire.com/NewsRoom/AttachmentNg/20f400a5-e590-4ff6-aa64-4f80cfb92e76

https://www.globenewswire.com/NewsRoom/AttachmentNg/46de8f88-f321-4ff7-8503-dcd8e0652616

https://www.globenewswire.com/NewsRoom/AttachmentNg/cd437471-6389-480a-8726-52cd398420c1


GlobeNewswire Distribution ID 1001209255

Univar Solutions Publishes 2025 Sustainability Report and Launches New 2030 Sustainability Goals

Univar Solutions Publishes 2025 Sustainability Report and Launches New 2030 Sustainability Goals

Univar Solutions LLC (“Univar Solutions” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, today announced the publication of its 2025 sustainability report and the launch of its next phase of sustainability commitments through its 2030 strategy, “Growth Through Purpose.” The Company’s latest report highlights meaningful global progress toward its 2025 sustainability goals and outlines an expanded, business-integrated roadmap designed to deliver long-term value, mitigate risk, and respond to evolving stakeholder expectations.

DOWNERS GROVE, Ill., June 23, 2026 (GLOBE NEWSWIRE) — Univar Solutions LLC (“Univar Solutions” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, today announced the publication of its 2025 sustainability report and the launch of next phase sustainability commitments through its 2030 strategy, “Growth Through Purpose”. The Company’s latest report highlights meaningful global progress in closing out its 2025 sustainability goals and outlines an expanded, business-integrated roadmap designed to deliver long-term value, mitigate risk, and respond to evolving stakeholder expectations.

 

Univar Solutions Publishes 2025 Sustainability Report and Launches New 2030 Sustainability Goals

Univar Solutions will continue to present a single, unified global sustainability strategy and reporting framework, reinforcing consistency and transparency for stakeholders across all regions and business segments. With sustainability now fully embedded into its operating model, Univar Solutions is focused on scaling impact through innovation, stronger supplier partnerships, and enhanced customer solutions. The Company will continue to evolve its reporting practices in alignment with global frameworks while enhancing data quality, transparency, and accountability.

“Building on nearly two decades of progress, we are setting our sights on the next phase of our journey through our 2030 strategy,” said David Jukes, President and Chief Executive Officer of Univar Solutions. “These long-term ambitions are focused on measuring business value, managing material risk, and supporting the needs of our stakeholders.”

The 2025 Sustainability Report reflects a decade of global sustainability reporting and demonstrates continued advancement across key environmental, social, and commercial priorities.

“These goals reflect a comprehensive approach that integrates sustainability into how we operate, grow, and create value across our global footprint,” said Dr. Liam McCarroll, Senior Director of Global Sustainability and Social Impact. “This effort represents a fully integrated, business-aligned framework shaped by double materiality analysis, customer demand, and regulatory developments.”

The 2025 Sustainability Report reflects a decade of global sustainability reporting and demonstrates continued advancement across key environmental, social, and commercial priorities.

Univar Solutions Publishes 2025 Sustainability Report and Launches New 2030 Sustainability Goals

“These goals reflect a comprehensive approach that integrates sustainability into how we operate, grow, and create value across our global footprint,” said Dr. Liam McCarroll, Senior Director of Global Sustainability and Social Impact. “This effort represents a fully integrated, business-aligned framework shaped by double materiality analysis, customer demand, and regulatory developments.”

 

Among the highlights:

  • Achieved a 32 percent reduction in Scope 1 and 2 emissions, significantly exceeding the Company’s 20 percent target.
  • Reduced water waste by 30 percent versus baseline, surpassing its goal.
  • Expanded supply chain engagement on sustainability, with over 89 percent of direct supplier spend assessed.
  • Maintained strong employee engagement (81 percent) and inclusion metrics, including a Corporate Equality Index score of 100.

“These results underscore how sustainability continues to mature as a core enabler of operational efficiency, risk management, and customer partnerships across our business,” said Alexa Colin, Chief Legal and Administrative Officer and executive sustainability lead at Univar Solutions. “We have made significant progress with our 2025 goals, which advances our sustainability efforts as we ready the introduction of our next generation goals.”

The 2025 Sustainability Report reflects a decade of global sustainability reporting and demonstrates continued advancement across key environmental, social, and commercial priorities.

“These results underscore how sustainability continues to mature as a core enabler of operational efficiency, risk management, and customer partnerships across our business,” said Alexa Colin, Chief Legal and Administrative Officer and executive sustainability lead at Univar Solutions. “We have made significant progress with our 2025 goals, which advances our sustainability efforts as we ready the introduction of our next generation goals.”

Introducing the 2030 Strategy: “Growth Through Purpose”

Building on this momentum, Univar Solutions has launched its new sustainability strategy to 2030, grounded in the principle of “Growth Through Purpose.”

The strategy is designed to:

  • Deliver demonstrable value through efficiency, innovation, and growth.
  • Mitigate measurable risk across operations and supply chains.
  • Support stakeholder needs as expectations and regulatory requirements evolve.

“These goals reflect a comprehensive approach that integrates sustainability into how we operate, grow, and create value across our global footprint,” said Dr. Liam McCarroll, Senior Director of Global Sustainability and Social Impact. “This effort represents a fully integrated, business-aligned framework shaped by double materiality analysis, customer demand, and regulatory developments.”

Univar Solutions’ 2030 goals focus on eight global priority areas across environmental, commercial, and social dimensions, including:

Environmental

  • Advance toward net-zero emissions, targeting a 43 percent reduction in Scope 1 and 2 emissions by 2030 (vs. 2019 baseline).
  • Improve resource efficiency, reducing operational hazardous waste intensity by 20 percent.
  • Strengthening environmental stewardship through improved water management and reduced chemical releases.

Commercial

  • Expand sustainable products and services, supporting customer demand and driving growth.
  • Strengthen sustainable supply chains, including enhanced supplier due diligence and engagement.
  • Further, embed sustainability into the commercial strategy to support customer sustainability journeys through the Sustainable & Natural Products portfolio.

Social

  • Advance inclusion and belonging across business practices and employee experience.
  • Scale community impact, with a goal of 45,000 employee volunteer hours by 2030.
  • Further improve workplace safety performance, targeting a Total Case Incident Rate of ≤0.38.

The Company will continue to present a single, unified global sustainability strategy and reporting framework, reinforcing consistency and transparency for stakeholders across all regions and business segments.

With sustainability now fully embedded into its operating model, Univar Solutions is focused on scaling impact through innovation, stronger supplier partnerships, and enhanced customer solutions.

The Company will continue to evolve its reporting practices in alignment with global frameworks while enhancing data quality, transparency, and accountability.

Learn more at: https://www.univarsolutions.com/sustainability

Read the full report at: https://www.univarsolutions.com/sustainability/esg-resources

About Univar Solutions
Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world’s leading producers. With one of the industry’s largest private transportation fleets and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean, and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

Forward-Looking Statements and Information
This communication contains “forward-looking statements” under applicable law regarding financial and operating items relating to the Company’s business. Forward-looking statements generally can be identified by words such as “believes,” “expects,” “may,” “will,” “should,” “could,” “seeks,” “intends,” “plans,” “estimates,” “anticipates” or other comparable terms. All forward-looking statements made in this communication are qualified by this cautionary language.
Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company’s control, that could result in expectations not being realized or could otherwise materially and adversely affect the Company’s business, financial condition, results of operations or cash flows. Although the forward-looking statements are based on what management believes to be reasonable assumptions, we caution you that the forward-looking information presented in this communication is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this communication. For additional information regarding factors that could affect the Company, please see the Company’s most recent annual report and other financial reports, including the information set forth under the caption “Risk Factors.” Any forward-looking statements represent the Company’s views only as of the date of this communication and should not be relied upon as representing the Company’s views as of any subsequent date, and the Company undertakes no obligation, other than as may be required by law, to update any forward-looking statement.

FOR ADDITIONAL INFORMATION:

Media Relations
Dwayne Roark
+1 331-777-6031
[email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/22872e10-a31f-4bd0-9127-0cb3b30c9a18
https://www.globenewswire.com/NewsRoom/AttachmentNg/48c8b936-e97a-456a-a707-f99a7b003b47
https://www.globenewswire.com/NewsRoom/AttachmentNg/f3ba2032-06b2-4ef4-b040-ebdebbf7d76c
https://www.globenewswire.com/NewsRoom/AttachmentNg/188f1c55-8384-419c-8e11-8802218d7fe0
https://www.globenewswire.com/NewsRoom/AttachmentNg/0c17a4d4-06a8-48d3-8d8c-a0d72e61e21e


GlobeNewswire Distribution ID 9750823