SHANGHAI, July 1, 2024 /PRNewswire/ -- Goodyear is proud to receive two recognitions during the Asia Responsible Enterprise Awards (AREA) ceremony for championing sustainable and responsible business practices. The ceremony was held in Ho Chi Minh City, Vietnam on June 28, 2024.
The company was awarded in the Green Leadership category for its largest solar panel installation to date at its Pulandian manufacturing facility in Dalian, China. With more than 29,700 solar panels installed, the panels will power the plant, as well as office and warehouse buildings. This project is estimated to reduce carbon emissions from purchased electricity by 17,000 metric tons per year over 25 years.
In addition, Goodyear was honored in the Social Empowerment category for its "Goodyear Good Care" Campaign. This initiative, now in its fourth consecutive year, involves the donation of 244 "Goodyear Cargo Max" tires to hospitals throughout Thailand, which has significantly enhanced the safety of inter-hospital patient transfer.
Nathaniel Madarang, President, Goodyear Asia Pacific emphasized the significance of the two awards in the pursuit of the company vision. "We are honored that our efforts are being recognized by industry observers and external organizations." He said." These awards serve as testament to our company's commitment to our Goodyear Better Future framework, an extension of our business ethos. The framework's 4 pillars—Sustainable Sourcing, Responsible Operations, Advanced Mobility, and Inspiring Culture — continue to guide our work and focus. We remain steadfast in our commitment to the Asia Pacific region, driven by the vision to be recognized as the best mobility enabler in Luxury, SUV and EV."
AREA recognizes and honors deserving Asian businesses for championing sustainable and responsible business practices in the following categories: Green Leadership, Social Empowerment, Health Promotion, Investment in People, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting and Responsible Business Leadership. The program also serves as a platform where you can share, educate, and further inspire others to take up ESG and CSR initiatives and help improve the world we live in.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It employs about 71,000 people and manufactures its products in 55 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
GOODYEAR ASIA PACIFIC WINS ASIA RESPONSIBLE ENTERPRISE AWARDS 2024
SINGAPORE, July 2, 2024 /PRNewswire/ -- In support of a more efficient and user-friendly DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in RedStone. RedStone is one of the fastest-growing modular oracles in 2024 that delivers diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, including Starknet, Fuel Network, and TON.
RedStone's modular nature enables it to provide data feeds that are unavailable elsewhere, specializing in yield-bearing collateral for lending markets, especially LSTs and LRTs. Its modular pricing engine ensures the highest accuracy and relevance by consistently updating. Moreover, RedStone is chain-agnostic, meaning it can push data to numerous EVM and non-EVM ecosystems, rollups, and various app chains. This makes it an ideal partner for Rollup-as-a-Service providers and Eigenlayer AVSes. Currently, RedStone's Total Value Secured (TVS) has grown to $4 billion, expanded to over 60 chains, and served more than 100 clients such as EtherFi, Pendle, Morpho and Ethena.
RedStone recently closed its $15 million Series A round, led by Arrington Capital. The funds will be used to expand the Marketing and Business Development divisions, fueling an extensive Q3/Q4 growth pipeline. RedStone is currently testing Oracle Extractable Value (OEV) implementation, scheduled for trial with customers in the coming months, and preparing for the launch of its native token later this year.
"RedStone is introducing an exciting advancement to DeFi with its modular design," said Edward, Managing Partner at HTX Ventures. "DeFi users will benefit from new and precise data feeds, as well as push and pull data services. RedStone's chain-agnostic feature allows it to provide services across various layers. At HTX Ventures, we are thrilled to witness new innovations within the oracle space and are eager to collaborate on building better infrastructure and tools for DeFi."
Jakub Wojciechowski, CEO of RedStone Oracles, commented, "This Series A round gives us ample financial runway to broaden our suite of services while bringing reliable real-world data to a host of blockchain-based protocols. Sincere thanks to our investors and community for their fervent support, and believe me when I say - we are just getting started."
RedStone is also preparing for the upcoming launch of Season 2 of RedStone Expedition – an interactive community engagement initiative giving participants the chance to accumulate RSG (RedStone Gems) points through a diverse array of activities. Interested parties can sign up here: RedStone Expedition.
About RedStone
RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, i.e., Starknet, Fuel Network, or TON. By responding to market trends and developer needs, RedStone can support assets not available elsewhere. The modular design allows for data consumption models adjusted to specific use cases, i.e., capital-efficient LSTfi and early support of LRTs. Trusted by Pendle, Morpho, Venus, Ethena, ether.fi & more.
About HTX Ventures:
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless, Gitcoin, Figment, and Animoca. Visit us here.
Contact Details
EE
glo-media@htx-inc.com
Company Website
https://www.htx.com/ventures
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
HTX Ventures Invests in RedStone Oracles to Expand Modular DeFi Infrastructure
