Earnings releases are pivotal stories told by investor relations (IR) teams, providing an unparalleled opportunity for companies to share their financial narratives. These releases not only convey quarterly results but also offer vital details regarding activities and progress.
Tenth annual report highlights progress within environmental, social and governance initiatives, while supporting long-term financial and reputational goals
2022 report commemorates first year of aligning to Task Force on Climate-related Financial Disclosures (TCFD) in its reporting and disclosures
COLUMBUS, Ohio, May 16, 2023–(BUSINESS WIRE)–Bread Financial (NYSE: BFH), a tech-forward financial services company providing simple, personalized payment, lending and saving solutions, today released its 2022 Environmental, Social and Governance (ESG) Performance Report, highlighting the significant progress made against Bread Financial’s recently enhanced ESG strategy and framework. In its 10th year of public ESG reporting, the Company’s 2022 report represents a significant milestone for Bread Financial, marking a decade of increased transparency and accountability regarding its responsible business practices.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230516005080/en/
Integrating ESG criteria into our overall governance, risk management, business strategy and priorities (Graphic: Business Wire)
The report showcases Bread Financial’s ESG performance across five key areas: managing business responsibly, empowering customers, engaging associates, protecting the planet and creating possibilities for communities. Building on its strong foundation, in 2022 the Company made advancements by deepening cross-functional internal engagement and further embedding environmental and social criteria throughout its business model.
“I am extremely proud of the progress Bread Financial has made to advance our ESG initiatives, as illustrated in our 2022 report,” said Ralph Andretta, president and chief executive officer, Bread Financial. “By integrating environmental stewardship, social responsibility and good governance practices into our business strategy, we are not only driving financial performance, but also creating a more resilient, competitive organization that benefits all of our stakeholders. As we continue to evolve as a purpose-driven financial services company, our well-established ESG practices enable us to reduce risks, deliver responsible growth, and ensures we hold ourselves
Matt O’brien And Jocelyn Gecker, The Associated Press – Jan 31, 2023 / 10:48 am | Story: 409116
Photo: The Canadian Press
The logo for OpenAI, the maker of ChatGPT, appears on a mobile phone, in New York, Tuesday, Jan. 31, 2023. OpenAI is launching a new tool in an effort to curb its reputation as a freewheeling cheating machine with a new tool Tuesday that can help teachers detect if a student or artificial intelligence wrote that homework. (AP Photo/Richard Drew)
The maker of ChatGPT is trying to curb its reputation as a freewheeling cheating machine with a new tool that can help teachers detect if a student or artificial intelligence wrote that homework.
The new AI Text Classifier launched Tuesday by OpenAI follows a weeks-long discussion at schools and colleges over fears that ChatGPT’s ability to write just about anything on command could fuel academic dishonesty and hinder learning.
OpenAI cautions that its new tool – like others already available – is not foolproof. The method for detecting AI-written text “is imperfect and it will be wrong sometimes,” said Jan Leike, head of OpenAI’s alignment team tasked to make its systems safer.
“Because of that, it shouldn’t be solely relied upon when making decisions,” Leike said.
Teenagers and college students were among the millions of people who began experimenting with ChatGPT after it launched Nov. 30 as a free application on OpenAI’s website. And while many found ways to use it creatively and harmlessly, the ease with which it could answer take-home test questions and assist with other assignments sparked a panic among some educators.
By the time schools opened for the new year, New York City, Los Angeles and other big public school districts began to block its use in classrooms and on school devices.
Lightspeed Golf data depicts another year of growth for the golf industry along with changing preferences from the younger generation of golfers
MONTREAL, Jan. 25, 2023 /PRNewswire/ – Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants to simplify, scale and create exceptional customer experiences, today released a new State of the Golf Industry Report combining unique golf course sales data with insightful golfer survey data to provide a detailed analysis of trends from the past year.
Following two years of tremendous demand in the golf industry, largely attributed to the COVID-19 pandemic, 2022 was expected to be a year of leveling off for North American golf facilities, as new and less-serious golfers may have retreated to alternative recreational hobbies. However, Lightspeed customer data showed an average same-course increase of 9.6% in rounds played at North American courses over 2021.
Notable golf industry data from 2023 State of the Golf Industry Report:
- Regionally, Lightspeed-driven golf courses saw an average, same-course increase of 11.5% (United States) and 7.5% (Canada) in rounds played year over year, with the greatest increases in traditional golfing hotspots like California and Florida
- Lightspeed’s North American courses experienced an 11.4% increase in total GTV1, spurred by an impressive 28% increase in food & beverage sales compared to 20212
- The average transaction size for North American golf courses using Lightspeed increased by 4.2% in 2022
“Golf courses are continuing to see great momentum in North America — a sign that the increase in the sport’s popularity over the last few seasons might be here to stay — and leveraging technology like Lightspeed is key to ensuring that course operators can provide a first-class experience for their golfers,” said David