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Portfolio and customer segments Drive risk mitigation in the building industry by generating insights into the impacts of natural perils Improving land planning, building codes and construction to be climate resilient: IAG’s experience in risk assessment and claims response provides valuable information and resources to advise on controls to the built environment and land planning.
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Strong
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The Group does not recognise the revenue and profit attributable to claims and disputed amounts on contracts until the recovery of these amounts is considered probable and when the outcome can be estimated reliably. (d) Property, plant and equipment Property, plant and equipment is stated at cost, net of depreciation and any provision for impairment.
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Strong
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difference: based on the strength of our values and our history, we believe that the Company is more than a set of gears with perfectly defined tasks in a machine and instead a living system in which individual talents interact in a stimulating environment, that can be “used” and developed to generate value and innovation.
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Strong
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SSE Energy Services does not believe a price cap is ultimately in customers’ best interests, rather the most sustainable way to keep energy bills low is to promote competition in the market, help customers take control of their energy usage through the smart meter rollout, and invest in making the UK’s housing stock more efficient.
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Strong
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While we are unable to predict the extent to which our business may be affected by future regulatory developments, we believe that our substantial experience dealing with governmental regulatory requirements and restrictions on our operations throughout the world, and our development of new and improved products, should enable us to compete effectively within this environment.
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Strong
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Contingencies: From time to time, CNX, or its subsidiaries, are subject to various lawsuits and claims with respect to such matters as personal injury, wrongful death, damage to property, exposure to hazardous substances, governmental regulations (including environmental remediation), employment and contract disputes and other claims and actions, arising out of the normal course of business.
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Strong
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We believe that our ability to compete effectively for business partners, financial partners and end users depends on many factors, including the variety of our modules and solutions, the diversity of our products, user experience with our solutions, the effectiveness of our risk management and the strength the partnership with our financial and business partners.
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Strong
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www.intel.com/go/responsibility our components generally make up only a small portion of an electronic device sold to a consumer, we believe that we can play a significant role in helping to minimize the environmental impact of electronic products by designing our products with higher energy efficiency, removing environ mentally sensitive materials, and collaborating on industry initiatives.
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Strong
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At present the Group does not have an internal audit function and the Committee believes that in view of the current size and nature of the Group’s business, management is able to derive sufficient assurance as to the adequacy and effectiveness of the internal controls and risk management procedures without a formal internal audit function.
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Strong
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Biopharmaceutical companies also have been the target of government lawsuits and investigations alleging violations of government regulation, including claims asserting submission of incorrect pricing information, impermissible off-label promotion of pharmaceutical products, payments intended to influence the referral of healthcare business, submission of false claims for government reimbursement, antitrust violations and violations related to environmental matters.
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Strong
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Ensuring occupational health and safety Personnel management Climate action and carbon management Emergency risk management Sustainable development Supporting social and economic development Preserving the environment for future generations High business standards AppendicesResearch and innovation development https://www.rosneft.ru/upload/sitehttps://www.rosneft.ru/upload/site1/document_file/development_policy.pdf 24 25 Rosneft’s corporate governance framework relies on the Corporate Governance Code developed under internationally acclaimed corporate governance standards.
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Strong
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However, any material changes to pending litigation or a catastrophic rail accident or series of accidents involving material freight loss or property damage, personal injuries or environmental liability or other claims or disputes that are not covered by insurance could have a material adverse effect on the Company's results of operations, financial condition and liquidity.
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Strong
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In identified those areas where there was a higher than average negative response to the question asking whether employees believed their working environment to be one which is free from bullying and harassment, and held two focus groups, facilitated by an independent organisation, to try to understand the issues and to provide training as necessary.
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Strong
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If any Covered Material is deemed not to be work made for hire, such Covered Material is hereby assigned by Executive Chair to the Company and Executive Chair shall not have or claim to have, under this Agreement or otherwise, any right, title or interest of any kind or nature whatsoever in such Covered Material.
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Strong
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Contingencies From time to time, we may be subject to lawsuits, investigations and disputes (some of which involve substantial amounts claimed) arising out of the conduct of our business, including matters relating to commercial transactions, prior acquisitions and divestitures including our acquisition of Cristal, employee benefit plans, intellectual property, and environmental, health and safety matters.
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Strong
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Although we believe that we have complied with these laws and regulations in all material respects and, to date, have not been required to take any action to correct any noncompliance, there can be no assurance that we will not be required to incur significant costs to comply with environmental regulations in the future.
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Strong
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You see, I do believe that some crimes are so heinous, so brutal, so outrageous, and I'd say particularly those that result in the death of a police officer, for those real brutal crimes, I do believe in the death penalty, and I think it is a deterrent, and I believe we need it.
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Strong
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Forward-looking statements may be identified by the use of words such as “believe,” “expect,” “plan,” “will,” “intend,” “may,” “strategy,” “target,” “goals,” “aim,” “strive,” “anticipate,” “project,” “committed” and other similar words, including, without limitation, statements regarding the Company’s CSR strategy, talent management strategy, D&I strategy, D&I goals, performance targets, product development and environmental sustainability goals.
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Strong
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In particular, as experts point to the possibility that humankind may face major challenges as it encounters the limits of resource consumption, the Bridgestone Group believes that its status as the world’s largest tire and rubber company confers responsibility for supplying advanced, high-quality products in a sustainable manner to facilitate safe and comfortable mobility.
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Strong
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Novartis believes it is important to ensure active care management, which includes looking beyond lost time cases, evaluating minor injuries or unsafe acts, and providing support to associates so they can return to work and perform in an environment that enables them to contribute optimally after an absence due to an illness or injury.
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Strong
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Our insurance program may not be adequate to cover future losses: We maintain third-party insurance to cover our exposure to certain property and casualty losses and are self-insured for claims and expenses related to other property and casualty losses, including product liability, intellectual property infringement and enforcement, environmental, and cybersecurity and data privacy losses.
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Strong
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Diverse and affordable energy How can we meet current and future energy demand sustainably? BP believes that a diverse energy mix including fossil fuels and renewables, produced and used effi ciently, is best able to meet demand affordably at the same time as providing security of supply and addressing the issue of climate change.
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Strong
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The estimates and associated assumptions are based on forecasts of future product revenues, historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for making the judgements about carrying values of assets and liabilities that are not readily apparent from other sources.
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Strong
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We believe recruiting top talent is critical to our long-term success and we use various recruiting methods such as social media platforms, career fairs and events hosted by local organizations, as well as associate referrals programs, recruiting platforms, and third-party recruiting agencies to expand the diversity of our workforce across all roles and functions.
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Strong
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according to gender, age group, minority group membership, and other indicators of diversity With respect to the composition of governance bodies, the Company has always taken Board diversity into consideration as it believes such diversity enriches Board discussions by providing a variety of expertise and perspectives, particularly for globally active companies such as SNC-Lavalin.
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Strong
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Disclosure Tronox supports the precautionary approach to evaluate and address potential environmental impacts, reflected in the Tronox Code of Ethics and Business Conduct, which integrates our commitment to core values: Health & Safety: We work safely – all the time We believe passionately that everyone at Tronox should experience a safe and healthy workplace.
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Strong
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As a director of Fleming-Mason Energy Cooperative, Inc., Mr. Eldridge has acquired extensive experience with and knowledge of the rural electric cooperative industry and, therefore, we believe Mr. Eldridge has the qualifications, skills and experience necessary to act in the best interests of CFC and to serve as a director on the CFC board.
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Strong
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The Company evaluates these estimates and assumptions on an ongoing basis based on current and historical developments, market conditions, industry trends and other information that the Company believes to be reasonable under the circumstances, including the potential impacts of the COVID-19 pandemic (see "Item 1A, Risk Factors" included in this report for additional information).
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Strong
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Insurance We carry comprehensive general liability, fire, extended coverage, business interruption, rental loss of income coverage and umbrella liability coverage on all of our hotels, including earthquake, wind, flood and hurricane coverage on hotels in areas where we believe such coverages are warranted, in each case with limits of liability that we deem adequate.
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Strong
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To Holifield and his three colleagues in corporate environmental services at Sanderson Farms, this is the reason they work hard day in and day out; they believe the work they are doing is making an impact for communities all around the country while providing a food product that is affordable, nutritious and sustainable.
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Strong
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oh my god a rich b!tch from a rich county (AND one of the most infected with the COVID-19 in the fucking COUNTRY) went to a supermarket AND a pharmacy in a neighbor county (with 0 to few cases) to buy some sh!t KNOWING SHE WAS INFECTED!!! I CAN'T BELIEVE!!!! EAT THE RICH!!!!
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Strong
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On an on-going basis, the Company evaluates its estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.
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Strong
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Fair compensation in our supply chain We believe that every maker in our supply chain should earn a wage that allows them to have a basic but decent standard of living, where wages are sufficient to meet their needs for housing, goods, water, healthcare, transportation, and clothing, as well as some discretionary income.
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Strong
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We may be subject to increased premium payments, or calls, if the value of our claim records, the claim records of our fleet managers, and/or the claim records of other members of the protection and indemnity associations through which we receive insurance coverage for tort liability (including pollution-related liability) significantly exceed projected claims.
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Strong
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I’ve also been hugely impressed at the leadership shown by Jon and the Group Executive over the past few months, managing the inevitable tensions between getting systems back up as quickly as possible so we can serve customers, while making absolutely sure of a secure IT environment to protect us in the future.
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Strong
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While it is unclear how rooftop and distributed generation solar might impact our core offerings over the next several years, we believe that utility-scale solar will continue to be a compelling offering for companies with technology and cost leadership and will continue to represent an increasing portion of the overall electricity generation mix.
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Strong
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To support this framework of futureproofing our buildings, we have identified our baseline of existing green leases (according to what we believe is basic, intermediate and leader green leases and will work to improve our overall count of green leases in the future and push to increase our percentage of green leader clauses.
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Strong
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Therefore, QEP may be liable, regardless of fault, for some or all of the costs of controlling a blowout, drilling a relief and/or replacement well and the cleanup of any pollution or contamination resulting from a blowout in addition to claims for personal injury or death suffered by QEP's employees and certain others.
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Strong
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While the assessments resulted in no material impacts to the consolidated financial statements as of and for the years ended June Company believes the full impact of the pandemic remains uncertain and will continue to assess if ongoing developments related to the pandemic may cause future material impacts to its consolidated financial statements.
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Strong
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Nevertheless, we believe that more stringent regulation on emissions and environment will help our business as we focus on technologies that avoid emissions including renewable energy and transmission lines or that provide sustainable solutions for the environment like desalination or help on the transition towards a sustainable energy mix, like efficient natural gas.
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Strong
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We believe that our ability to attract, develop and cultivate a sense of belonging and retain a diverse, highly skilled workforce is important to our long-term success and that creating and maintaining all aspects of diversity, including backgrounds and perspectives, makes us a better place to work and a more resilient business.
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Strong
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We believe deeply in safeguarding the health of our planet for future generations by creating sustainable solutions that purify, protect and enhance the lives of our employees, customers and communities, and will work alongside our partners in the UN Global Compact to advance important social and environmental goals to improve our world.
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Strong
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We believe every employee is entitled to a safe and healthy work environment that is free from discrimination and harassment, threats or acts of violence or intimidation and where all employees have an equal opportunity to grow and develop their careers and be appropriately compensated for their contributions to the company's success.
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Strong
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In Based Target Initiative (“SBTi”), a methodology to calculate how much we need to reduce our carbon emissions by in order to do our part in keeping temperature rises below 1.5ºC, the level of global temperature rise that the UN believes helps society prevent the more significant risks posed from climate change.
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Strong
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The increase of the volume of programmed energy in real time over recent years, principally motivated by the strong penetration of non-manageable renewable energies, and the increase in the number of suppliers of this service (the regulation zones) explains the increase in the number of estimated claims observed in 2008 and 2009.
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Strong
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Claims or liability may also arise out of currently unknown environmental conditions, obligations arising as a result of new or revised rules or regulations (e.g. regulation of perfluoroalkyl or polyfluoroalkyl substances and extended producer responsibility legislation in the U.S.) or aggressive enforcement efforts by government regulators, public interest groups or private parties.
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Strong
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Westaim disclaims and excludes all liability (to the extent permitted by law), for losses, claims, damages, demands, costs and expenses of whatever nature arising in any way out of or in connection with the Arena Financial Information, its accuracy, completeness or by reason of reliance by any person on any of it.
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Strong
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In this regard we are insured against some contractual claims and tort claims, including environmental damage, pollution and crew personal injury and illness claims (currently the amount of insurance coverage for pollution claims available to us on commercially reasonable terms through P&I Associations is limited to $1 billion per vessel per incident).
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Strong
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Good governance in Sampo Group means effective policies and management practices that provide assurance that the Group companies and their business partners, such as suppliers in claims handling, comply with laws, regula tions, and generally accepted principles on human rights, labor rights, the environment, anti-money laundering, counter-terrorist financing, and anti-corruption and bribery.
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Strong
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GRI https://www.greif.com/uploads/media/default/0001/03/95630ec59931932d101a33fcc8a46014de76a7f6.pdf https://sustainability.greif.com/documents/Anti-Harassment%20and%20Anti%20Discrimination%20Policy%20HR%20100%20-%20Global.pdf https://www.greif.com/uploads/media/default/0001/03/af875ed79305831e4463079598321cbee3a200f7.pdf https://www.greif.com/uploads/media/default/0001/03/6dd27e59efeb7d746cb3e5c8eb1a18bd68b7c32c.pdf https://www.greif.com/uploads/media/default/0001/03/30046d440dc0924d7ccf72cf65f2b68eb82b76c6.pdf https://www.greif.com/uploads/media/default/0001/03/de3ffd31259625f7547b562a005041a4b299c804.pdf http://s2.q4cdn.com/941501578/files/doc_downloads/gov_doc/Corporate_GovGuidelines2011.pdf https://www.greif.com/uploads/media/default/0001/03/c9855106a9e4cda5d5fd931c5edc71ea69d58d4e.pdf https://www.greif.com/uploads/media/default/0001/03/388fe5408e05631f5ad8364c90ead9d6bbd0dfe7.pdf https://www.greif.com/uploads/media/default/0001/03/2098e055815e76c2357d6b2cacdfb36ab73ddfab.pdf https://sustainability.greif.com/documents/Fair%20Treatment%20of%20Others%20Policy%20HR%20102%20-%20Global.pdf https://sustainability.greif.com/documents/Human%20Rights%20Policy.pdf https://www.greif.com/about-greif/policies/insider-trading-policy https://sustainability.greif.com/documents/Greif%20Records%20Management%20and%20Retention%20Policy%20%2001-01-17%20(Final).pdf https://sustainability.greif.com/documents/Greif%20Talent%20Management%20Policy.pdf https://www.greif.com/uploads/media/default/0001/03/88c3cabde899a85193fa1a8a1b1fdfa260b8bc67.pdf https://opcleansweep.org/ https://sustainability.greif.com/sustainability-strategies/reducing-our-footprint/waste/ http://www.pollinator.org/ http://pollinator.org/nappc/ https://sustainability.greif.com/sustainability-strategies/reducing-our-footprint/biodiversity/ http://www.epa.gov/smartway/ https://sustainability.greif.com/sustainability-strategies/reducing-our-footprint/climate-strategy-energy-and-emissions/ UN Global Compact Integrity and respect for people are Core Values for Greif, and we believe that social and environmental responsibility are aligned and essential for long-term sustainability.
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Strong
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We believe every employee is entitled to a safe and healthy work environment that is free from discrimination and harassment, threats or acts of violence or intimidation and where all employees have an equal opportunity to grow and develop their careers and be appropriately compensated for their contributions to the company’s success.
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Strong
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This amendment allows the Directors to propose a final dividend of believe is fully appropriate given the recurring revenue nature of the Group, the level of operating cash which we deliver, the low level of indebtedness within the Group and the fact we have not utilised any of the government furlough schemes.
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Strong
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In addition, the Company believes that having an independent Chairman creates an environment that is more conducive to objective evaluation and oversight of management’s performance, increasing management accountability and improving the ability of the Board to monitor whether management’s actions are in the best interests of the Company and its stockholders.
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Strong
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These companies’ progress is encouraging: directors who are women and people of color (see page 4) and numerous firms have made public commitments to diversify candidate pools, develop lists of qualified diverse candidates, and embark on other strategies that we believe will enhance board diversity in the coming months and years.
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Strong
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As multi-channel video distributors, such as cable, satellite and telecommunications service providers, which we refer to as MVPDs, and app platform distributors become more focused on targeting the Hispanic audience as a way to grow subscribers, we believe that our Networks and streaming platform will be well-positioned to capture the upside.
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Strong
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Therefore, the Company believes that the attraction, retention, and management of qualified talent representing diverse backgrounds, experiences, and skill sets - and fostering a diverse, equitable and inclusive work environment - are integral to its success in advancing the Company’s strategies and key business priorities and avoiding disruptions in the business.
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Strong
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Miss Quinn, I would be very happy to accept the challenge of your question tonight, to tell the voters of this country exactly what I think it's going to cost, because I believe that all too often in past elections, politicians have simply been promising people things that they cannot deliver.
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Strong
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CORE THEMES, AMBITIONS AND TARGETS There are three core themes to our CSR policy, which we believe cover the areas in which our major opportunities and challenges lie and for which we bear the greatest and most obvious responsibilities for reporting in the chain: people, the environment and our product range.
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Strong
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Due to the nature of the products supplied by these entities, the markets they serve and the Company's historical experience in resolving these claims, the Company does not expect that these asbestos-related claims will have a material adverse effect on the financial condition, results of operations or liquidity of the Company.
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Strong
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We also believe that the heightened environmental, quality and security concerns of insurance underwriters, regulators and charterers will generally lead to additional regulatory requirements and/or contractual requirements, including enhanced risk assessment and security requirements, as well as greater inspection and safety requirements on all LNG carriers in the marine transportation market.
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Strong
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Climate change related risks and opportunities In its broadest context we believe that climate change, and more particularly the initiatives being implemented to reduce society’s impact on the planet, will have a significant effect on our customers, as pressure grows on them to improve their efficiency and reduce their environmental impact.
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Strong
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The Board believes that equity awards are a competitive necessity in the environment in which we operate, and are essential to our continued success at recruiting and retaining the highly qualified technical and other key personnel who help the company meet its goals, as well as rewarding and encouraging current employees.
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Strong
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The Directors continue to believe that investments in selective strategic initiatives will further build the Group’s operational capabilities, not only improving customer experience but also effectively mitigating key risks associated with an increasingly competitive environment, rise in complex contractual arrangements, or potential breach in defences of information and technology systems.
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Strong
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These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” "potential," “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” “continue to,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.
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Strong
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Given the uncertainties regarding the status of laws, regulations, enforcement policies, the impact of other potentially responsible parties, technology and information related to individual sites, we do not believe it is possible to develop an estimate of the range of reasonably possible environmental loss in excess of our recorded liabilities.
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Strong
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In addition to desktop claim adjusting and evaluation of claims, Crawford TPA Solutions also offers initial loss reporting services for claimants; loss mitigation services, such as medical bill review, medical case management and vocational rehabilitation; legal services, risk management information services; and administration of loss funds established to pay claims.
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Strong
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We believe this will result in more accurate and timely measurement of energy consumption and that the ability to manage consumption intelligently will reduce usage and operation and maintenance costs for the building mechanical and electrical systems (“M&E”), as well as improve the equipment reliability and extend its useful life.
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Strong
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In a weak economic environment, particularly in a period of restrictive credit markets, we may experience greater difficulties in collecting payments from, and negotiating change orders and/or claims with, our clients due to, among other reasons, a diminution in our ultimate customers’ access to the credit markets or potential bankruptcies.
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Strong
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The Board believes that the current culture is appropriate to enable the Group to deliver its strategy, though they also recognise that it is inevitable that there is always room for improvement in this area and any new initiatives to facilitate communication and promote diversity will be implemented as required.
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Strong
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We base our estimates on historical experience, known trends and events and various other factors that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.
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Strong
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Events that could adversely affect Magnolia’s ability to conduct operations or result in substantial loss as a result of claims include injury or loss of life, damage to and destruction of property, natural resources, and equipment, pollution and other environmental damage, regulatory investigations and penalties, and repair and remediation costs.
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Strong
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We believe that natural gas has an important role to play in the energy transition, bridging the gap on the journey from fossil fuels to a renewable, zero-carbon future and helping to supply stable and affordable energy to UK homes and businesses as part of a lower-carbon energy supply mix.
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Strong
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We base our estimates on historical experience and on various other assumptions we believe to be reasonable according to the current facts and circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.
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Strong
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These factors will place strain on the healthcare infrastructure, so we believe it is imperative that we take steps not only to reduce GHG emissions from our own operations, but also take steps to manage—and where possible mitigate—the potential risks and negative impacts of climate change across our value chain.
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Strong
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Our estimates are based on our historical experience and a variety of other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making our judgment about the carrying values of assets and liabilities that are not readily available from other sources.
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Strong
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Hitachi believes that building a corporate culture that fully draws on the diversity of human capital, in terms of gender, age, and values, not only offers employees an opportunity to approach their work with enthusiasm but also contributes to enhancing competitiveness through the provision of solutions that incorporate diverse perspectives.
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Strong
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While we believe we have appropriately assessed and presented our loan portfolio and allowance for loan losses to date in accordance with applicable accounting standards, we cannot be certain of that, nor can we be certain that we will adequately account for the future negative impacts of the Coronavirus Pandemic.
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Strong
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We believe having one of the leading North American and European residential and commercial water delivery production and distribution networks in the industry gives us the ability to reduce our purchasing, manufacturing and delivery costs relative to our competitors as well as drive customer density within the markets we serve.
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Strong
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The consumption of, and demand for, natural gas can be both negatively and positively a�ected by either of these, in particular as it pertains to the relative market share of energy supply for power, and thus risks and opportunities exist in what we believe will be an increasingly dynamic environment.
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Strong
|
We believe that the growing global demand for natural gas, especially in Asia, increasing supply from the U.S. and other regions, and other LNG market trends, including increased trading of LNG, should support the existing order backlog for vessels and should also drive a need for additional LNG carrier newbuildings.
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Strong
|
We believe that “the companies which perform to the highest standards in safety and environmental protection will have the competitive advantage in future development” and “every accident can be prevented”, so we dare not relax the attention to occupational health and safety, which is a lifeline for a mining enterprise.
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Strong
|
Disaggregation of Revenue and Geographic Information The Company presents net revenue by geographic area based upon the location of the OEMs’ headquarters and sales channel as it believes that doing so best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.
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Strong
|
The primary average claim paid can vary materially from period to period based upon a variety of factors, including the local market conditions, average loan amount, average coverage percentage, the amount of time between delinquency and claim filing, and our loss mitigation efforts on loans for which claims are paid.
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Strong
|
With our sensing integration, we believe onsemi’s intelligent power solutions achieve higher efficiencies compared to our peers and allow lower temperature operation, reducing cooling requirements, saving costs and minimizing weight while delivering the required power with less die per module and achieving a higher range for a given battery capacity.
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Strong
|
We developed an Environmental Claims Policy to help our buying, advertising and marketing staff to make sure that the environmental claims made on Woolworths controlled brands and in our catalogues have been properly verifi ed and described in a way that does not mislead our customers or the general public.
|
Strong
|
We believe diversity is essential for success and innovation, and that a diverse, equitable and inclusive company helps us leverage the power of data to solve problems, answer complex questions, make better decisions and take actions that drive positive outcomes for our customers, our company, our communities and each other.
|
Strong
|
Among the allegations typically asserted in these suits are claims that Devon used below-market prices, made improper deductions, used improper measurement techniques and entered into gas purchase and processing arrangements with affiliates that resulted in underpayment of royalties in connection with oil, natural gas and NGLs produced and sold.
|
Strong
|
of the data gathering process Conclusion Based on the work described in this report, nothing has come to our attention that would cause us to believe that the GHG emission disclosures in KONE’s Sustainability report material respects, or that it would not comply with the reporting Criteria stated before.
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Strong
|
We believe that a fresh approach to old and new challenges and staying up-to-date with the fast-paced changes in technology are key elements required to achieve step changes in our activities, including health and safety management, environmental stewardship, energy efficiency, product and process development, training design and community improvement.
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Strong
|
We base our estimates on historical experience and on various other factors and assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.
|
Strong
|
COMMITMENTS AND CONTINGENCIES Legal Matters From time to time, various lawsuits, claims and proceedings have been, and may in the future be, instituted or asserted against the Company, including those pertaining to patent infringement, intellectual property, environmental hazards, product liability and warranty, safety and health, employment, and contractual matters.
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Strong
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Management believes that the amount of any reasonably possible losses in excess of any amounts accrued, if any, with respect to such Proceedings or any other known claim, including the matters described below under the caption Environmental Matters (the “Environmental Matters”), are not material to the Company’s financial statements.
|
Strong
|
This matter is a multi-district litigation currently pending in Harris County, Texas, in which multiple individual plaintiffs assert personal injury and property damage claims arising out of Winter Storm Uri against an aggregate of over transmission/distribution utility, retail electric provider, and natural gas defendants across over 150 filed cases.
|
Strong
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Putting all of this together, we believe we have the opportunity to deliver continued strong growth in profitability in increased value for our shareholders, while at the same time, making a positive impact on our environment and the lives of our employees and the communities in which we operate.
|
Strong
|
While the Company believes potential losses from these investments are remote, the maximum exposure was determined by assuming a scenario where the community-based business, housing projects and renewable energy projects completely fail and do not meet certain taxing authority compliance requirements resulting in recapture of the related tax credits.
|
Strong
|
We do not believe our collection and use of multiple kinds of data from multiple sources in China to improve the cost-effectiveness of marketing campaigns for marketers in and outside China fall within the scope of “foreign-related survey” under the Foreign-related Survey Measures listed under the Special Administrative Measures.
|
Strong
|
The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgements about carrying values of assets and liabilities that are not readily apparent from other sources.
|
Strong
|
At Suominen we believe that our ambitious targets to reduce our greenhouse gas emissions, our comprehensive sustainable product offering and our continuous work to explore new innovative fibers to be able to offer even more sustainable and low-carbon nonwoven products represents our contribution to climate change mitigation and adaptation.
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Strong
|
Management believes that Adjusted EBITDA and Adjusted EBITDA Margin are relevant and useful metrics to provide to investors, as they are an important part of our internal reporting and are key measures used by management to evaluate profitability and operating performance of Lumen and to make resource allocation decisions.
|
Strong
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Summary We believe that our existing sources of liquidity, including cash resources and cash provided by operating activities, supplemented as necessary with funds under our credit agreements, will provide sufficient resources to meet our present and future working capital and cash requirements for at least the next twelve months.
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Strong
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