BigBusiness
Big Businesses – Bigger Global Actions

The beginning of 2020 also marks the commencement of the Climate Decade, which aims to limit global heating to 1.5°C by 2030. Making bigger, bolder steps in effectuating the Paris Agreement are over 200 multinationals with ambitious initiatives on renewable energy, electric vehicles, and smart efficient energy. In steering their wheels towards becoming environmentally responsive profiles that globally collaborate, innovate, and sustainably lead, 10 of these big businesses share below the critical role they’re playing in this urgent global cause that brings awareness into action.
1. Unilever
CEO Alan Jope declares that Unilever’s collective response comes in the form of a set commitment to 100% renewable sources for grid electricity; a science-based target at 1.5 degrees; and an envisioned carbon-neutral business by 2030.
In light of this, Jope says, “But governments need to join forces with businesses to increase climate ambition, particularly in the run-up to COP26 in Glasgow and limit warming to below 1.5 degrees.”
2. Dell Technologies
Vice President of Corporate Sustainability David Lear claims that Dell Technologies turns to its #ProgressMadeReal 2030 goals in committing to their deliverance of a “comprehensive science-based climate program, setting emissions goals across facilities, supply chain, and operations and extending to customer’s use of [their] products.” Moreover, Dell is a part of The Climate Group’s RE100 that accelerates commitment to go 100% renewable.
3. ReNew Power
Chair of the India Advisory Group and Chairman and Managing Director Sumant Sinha’s company holds the title as India’s largest clean energy company with over 5 GW of power generated from renewables. Sinha shares ReNew Power’s role as a catalyst in the country’s transition to green energy by means of “targeting a capacity of 20 GW by 2024 to reduce dependence on polluting fossil fuels and make a healthy contribution to the Government’s target of 450 GW from renewables by 2030.”
He added, “We will focus on adopting best practices in energy efficiency, greening our supply chain and supporting the development of cutting edge storage and e-mobility solutions to add more teeth to the fight against climate change. We also look forward to working closely with the Government and civil society to advocate necessary policy reforms for decarbonizing the economy.”
4. Givaudan
CEO Gilles Andrier holds that Givaudan is headed to climate-positive operations before 2050, with an interim measure that rolls a decade earlier; is aligning their science-based targets with the 1.5° Celsius ambition; and has signed the UN pledge. Also, Givaudan’s entire electricity supply is moving towards fully renewable source by 2025 as an active member of RE100.
5. Ingersoll Rand
Chairman and CEO Michael Lamach shares the company’s Gigaton Challenge that, as part of their 2030 sustainability commitments, aims to reduce carbon emissions by one gigaton, solely gobbling 2% of the world’s annual emissions. Operating by this initiative means dramatically rethinking and changing the way the brand heats and cools homes, buildings, and transportation.
6. BT
Head of Environmental Sustainability Gabrielle Giner prides BT in internally harnessing technology that abides by environmentally conscious targets that, too, encourages suppliers and consumers to act accordingly.
“We were among the first companies in the world to set a science-based 1.5-degree target on global warming and [to have] achieved our 2020 goal on carbon emissions reduction four years ahead of schedule. We now aim to reach net zero by 2045 – and to get almost 90% of the way there by 2030.”
7. Landsec
Group Corporate Affairs and Sustainability Director Caroline Hill boasts Landsec’s path towards becoming a net zero business that aligns with the company’s updated science-based 1.5° Celsius target that sees a 70% reduction in its absolute carbon emissions by 2030, future developments included.
8. Mahindra Group
Chairman of Mahindra Group Anand Mahindra describes the detailed directions guiding the organization towards the implementation of The Paris Agreement: Science Based Targets for 2030 and Carbon Neutral by 2040. Mahindra says, “Nations will do a stocktake in 2023. We hope there will be good news. It’s all for one and one for all. Let it be a decade of outperformance on climate action.”
9. UltraTech Cement
Managing Director KK Maheshwari details, “UltraTech is accelerating investments in low carbon products and technologies to develop customized solutions for the Built Environment.” In collaboration with The Climate Group and other like-minded actors in targeting the world’s challenging target of Net Zero by 2050, the company is eyeing technological breakthroughs that would boldly address and reduce emissions.
10. VMware
CEO of VMware Pat Gelsinger prides the company in its recent carbon-neutral distinction after its efficient and intelligent use of infrastructure that has barred the emission of 664 million metric tons of carbon dioxide into the atmosphere since 2003, such amounting to the combined annual power consumption of Germany, Spain, and France.
Gelsinger added, “That’s why we’re proud members of REBA, RE100 and EV100—powering 100 percent of our operations with renewable energy and have committed to support the uptake of EVs by our employees. We’re also working on exponential innovation such as our solar-powered community microgrid and a carbon avoidance meter for our customers.”
BigBusiness
Lululemon Beats Q4 Expectations, Cautions on 2025 Outlook Amid Slowing Consumer Spending
Lululemon posts strong Q4 numbers despite softened future estimates, leaving investors and analysts wondering: what twist awaits their next move…

Quarterly Highlights
Lululemon posted strong financial numbers this week as it reported fourth-quarter results for fiscal 2024. The athletic apparel company generated $3.61 billion in revenue during the quarter, surpassing market estimates based on analyst predictions. Despite this solid performance, the firm’s outlook for fiscal 2025 fell short of expectations.
Guidance and Future Projections
The company’s forecast for next year has disappointed many in the investment community. For the upcoming first quarter, Lululemon expects revenue to fall between $2.34 billion and $2.36 billion, a figure modestly below the market’s projection of $2.39 billion. Annual revenue guidance for fiscal 2025 is now estimated to range from $11.15 billion to $11.30 billion, compared to a consensus of $11.31 billion. Earnings per share for the first quarter are anticipated to reach between $2.53 and $2.58, which is lower than the market forecast of $2.72. Fiscal earnings for the full year are now projected to lie between $14.95 and $15.15 per share, falling short of the $15.31 that analysts had expected. Chief Financial Officer Meghan Frank pointed out during the call that gross margins for next year may drop by 0.6 percentage points, owing to increased fixed costs, fluctuations in foreign currency exchanges, and higher import duties imposed on products manufactured in China and Mexico.
Economic Factors and Consumer Behavior
During the earnings call, CEO Calvin McDonald explained that a recent survey conducted by the company revealed a slowdown in consumer spending amid overall economic pressure and higher inflation. This shift in consumer behavior has led to fewer in-person visits at Lululemon’s U.S. locations—a trend that appears consistent across the sector. Reduced store traffic has not dampened interest in the company’s fresh product offerings, as customers have responded favorably to its latest merchandise. McDonald noted that persistent economic and political uncertainties continue to influence consumer patterns. He stressed that the organization remains focused on the aspects it can manage. Following the update, shares of the company dropped by more than 10 percent during after-hours trading as investors reacted to the revised guidance.
Sales Analysis and Global Expansion
When comparing current performance with the previous year, fourth-quarter revenue increased from $3.21 billion in Q4 2023 to $3.61 billion this year. The complete fiscal year 2024 registered $10.59 billion in revenue, up from $9.62 billion in 2023. The prior fiscal year included an extra week, and excluding that additional period shows that both quarterly and annual earnings advanced by 8 percent over 2023 figures.
Comparable sales—defined as revenue from online operations and physical stores open for at least 12 months—grew 3 percent year over year during the quarter. This performance fell short of the 5.1 percent growth that many analysts had anticipated. Sales figures for stores in the Americas remained steady, and international markets experienced a 20 percent increase in revenue. McDonald mentioned that the U.S. business, which had faced some deceleration earlier in the year, has stabilized in recent months. He attributed part of this improvement to the introduction of new merchandise that appealed to consumers. The company is also preparing to widen its store network by opening additional locations in Italy, Denmark, Belgium, Turkey, and the Czech Republic during the coming period.
Detailed Financial Metrics
In addition to the revenue gains, Lululemon reported a net income of $748 million during the fourth quarter, which translates to $6.14 per share. This represents an improvement over Q4 2023, when the firm’s net profit was $669 million or $5.29 per share. These financial results reinforce the company’s strong performance during the period even as its future guidance remains modest.
Overall, the latest numbers reflect a mixed picture where strong current figures contrast with a more reserved outlook for the coming year. The firm remains attentive to shifting market conditions as it strives for stability and measured growth in both domestic and international operations.
BigBusiness
MNRB Holdings Berhad Secures 54% Institutional Stake, Steering Strategic Shifts
MNRB Holdings impresses major investors amid surprising stock movements; sudden shifts provoke urgent murmurs—what shocking twist now awaits market speculation?

Institutional investors tend to assess their returns against well-known market indices, which leads them to favor major companies included in these benchmarks. MNRB Holdings Berhad has attracted significant support from such investors, with a considerable portion of the firm’s stock held by these financial players. This strong backing indicates that many investment professionals have studied the company’s track record and view its prospects favorably. Yet even experienced investors might misinterpret market signals, especially if two major institutions decide to sell at the same time, possibly triggering a swift decline in the share price.
A review of the company’s historical earnings offers valuable context about its performance. Regular assessments of past financial results help to clarify observed trends and provide insights for those monitoring the stock. With institutional investors collectively owning more than half of MNRB Holdings Berhad, their influence on board decisions should not be underestimated. The firm is primarily directed by its largest stakeholder, Permodalan Nasional Berhad, which holds 54% of the shares. This dominant position leaves the remaining stakes split between a second shareholder with about 5% and a third with roughly 1% of the total shares.
Analyst evaluations and market sentiment further contribute to understanding the stock’s potential. There is already some commentary on the company’s performance, and increased attention over time may refine its reputation among investors. For anyone interested in MNRB Holdings Berhad, a thorough review of past earnings combined with a study of current market perspectives and ownership distribution may prove beneficial in anticipating future movements.
BigBusiness
Lululemon Beats Q4 Forecasts, Warns of Slower Growth in 2025
Lululemon smashes profit records with strong earnings growth, leaving market watchers questioning if an unexpected twist will rock next quarter.

Lululemon Fourth-Quarter Results
Lululemon reached strong financial numbers for the final quarter, posting earnings that surpassed estimates for the period ending February 2, 2024. The company recorded an EPS of $6.14, exceeding the anticipated $5.85. Total revenue came in at $3.61 billion, slightly above the expected $3.57 billion. This quarterly result marks an increase over the $3.21 billion reported during the same period last year.
Full-year fiscal 2024 performance also advanced as total revenue climbed to $10.59 billion, compared to $9.62 billion in the previous year. It is worth noting that the fiscal 2024 cycle included an extra week, consisting of 53 weeks rather than the 52 weeks of the preceding period. Excluding this additional week, both fourth-quarter and full-year revenues show an 8 percent rise on a year-over-year basis.
Market reaction was mixed as the company provided guidance for the next period that did not fully meet investment expectations. Guidance for the first quarter of fiscal 2025 ranges from $2.34 billion to $2.36 billion in revenue, trailing slightly behind the $2.39 billion forecast by market experts. Likewise, for the full fiscal 2025, revenue is predicted to fall between $11.15 billion and $11.30 billion—a margin just under the consensus figure of $11.31 billion.
Net income for the quarter reached $748 million, which translates into the $6.14 EPS, a noticeable improvement over the $669 million and $5.29 EPS reported for the same period in fiscal 2023. Comparable sales, combining figures from online channels and long-established retail locations, increased by 3 percent compared to last year, although estimates had predicted a 5.1 percent increase. Sales performance in the Americas remained at a steady level, while operations in international regions experienced a healthy 20 percent growth.
Following the report, shares fell roughly 6 percent during after-hours trading. This performance and outlook provide a clear snapshot of the brand’s current standing and set the stage for the challenges ahead as it continues to compete in a demanding market environment. Investors will monitor upcoming performance closely.
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