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Aviva : British insurer Aviva sets out net zero 2040 climate strategy


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LONDON (Reuters) - British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this was the most demanding target set by any major insurer worldwide.
Following the 2015 Paris Agreement on climate change, many countries and companies are aiming for net zero carbon emissions by 2050, to limit global warming to 1.5 degrees Celsius above pre-industrial norms.
The insurer plans to reach net zero carbon emissions from its investments by 2040 and net zero from its own operations and supply chain by 2030.
For the world to reach net zero, it s going to take leadership and radical ambition, Aviva Chief Executive Amanda Blanc said in a statement. ....

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SM Investments net income down 48%

SM Investments net income down 48% ....

Builders FirstSource Reports Record Fourth Quarter and Full Year 2020 Results


DALLAS, Feb. 26, 2021 (GLOBE NEWSWIRE)
Builders FirstSource, Inc. (Nasdaq: BLDR) today reported its results for the fourth quarter and full year ending December 31, 2020.
Fourth Quarter 2020 Highlights:
- Core organic sales increased 15.0%, excluding acquisitions and commodity impacts
- Commodity inflation increased net sales 26.5%
- Acquisitions contributed to net sales growth of 2.0%
Gross profit of $669.2 million increased 40.4% compared to the prior year period
Net income of $139.9 million, or $1.18 per diluted share, and adjusted net income of $149.0 million, or $1.26 per diluted share
Adjusted EBITDA more than doubled to $257.1 million, driven by solid demand across all three customer end markets and commodity inflation
Strong quarter-end balance sheet with a net debt to LTM Adjusted EBITDA ratio of 1.7x and liquidity of $1.2 billion ....

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