Securitas sets provision related to U.S. Government investigation in Paragon Systems, Inc.
Securitas sets a provision of approximately MUSD 53 (MSEK 551) related to the U.S. Government investigation into Paragon Systems, Inc, a U.S.-based subsidiary within the business unit Securitas Critical Infrastructure Services.
As previously communicated, the U.S. Government is conducting an investigation into Paragon Systems, Inc, a U.S.- based subsidiary operating under a proxy agreement as required by the U.S. authorities to be eligible for U.S. government business. The investigation relates to alleged misconduct by certain former employees and to Paragon’s relationship with various small
Read more →ASSA ABLOY acquires Level Lock in the US
ASSA ABLOY has acquired Level Lock, a technology solutions business based in Redwood City, California.
"I am very pleased to welcome Level Lock into the ASSA ABLOY Group. This acquisition is an exciting technological addition to the ASSA ABLOY Group and will provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY.
"The acquisition of Level Lock complements ASSA ABLOY’s technology portfolio and strengthens our digital offering across multiple businesses in the Americas division,” says Lucas Boselli, Executive Vice President of ASSA ABLOY and
Read more →Hexagon’s net-zero science-based targets validated by the Science Based Targets initiative (SBTi)
Hexagon, the global leader in digital reality solutions, today announced that its reduction targets for near-term and net-zero greenhouse gas emissions have been approved by the Science Based Targets initiative (SBTi). This independent, scientific validation highlights Hexagon's commitment towards sustainability.
Hexagon's (https://hexagon.com/) approved targets include:
· Reducing Scope 1 and 2 emissions by 95% and Scope 3 emissions by 51.6% per EUR value added by 2030, from a 2022 baseline
· Increasing renewable electricity usage to 100% by 2027
· Reaching net-zero greenhouse
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