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ZITRO ESTABLISHES ESG COMMITTEE TO ENHANCE SUSTAINABILITY EFFORTS

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In a significant move towards a more sustainable business model, Zitro announces the creation of an Environmental, Social, and Governance (ESG) Corporate Committee, an Environment, Health, and Safety (EHS) department, and a dedicated department for Integrated Management Systems (IMS). These specialized teams will lead the company’s transformation towards a more sustainable business model.

The ESG Committee will guide Zitro’s efforts in integrating sustainability practices across all its operations, focusing on environmental responsibility, social impact, and ethical governance. The EHS department oversees Environmental, Health, and Safety concerns, and promotes sustainable practices, as well as social responsibility initiatives and circularity principles.

Under Zitro’s Integrated Management System, four new sub-departments have been established to support these initiatives: the ISO Standards Management Office (IMO), the Climate Change Office (CCO), the Project Management Office (PMO), and the Jira Customization Office (JCO).

The ISO Standards Management Office (IMO) ensures all ESG actions are certified and aligned with relevant ISO standards. The department is responsible for the quality, documentation, maintenance, improvement, and coordination of the ISO standard throughout the company. Additionally, the IMO conducts internal audits on ISO processes and manages ISO audits.

The Climate Change Office (CCO) is dedicated to combating climate change by focusing on calculating and continuously improving Zitro’s emissions footprint. This department conducts regular energy efficiency audits to identify and implement further sustainability measures.

The Product Management Office (PMO) plays a vital role by integrating sustainability factors throughout the software development lifecycle. This includes tracking time and costs associated with sustainability efforts within projects, collaborating with the Climate Change Office and other departments to implement sustainable practices, and facilitating continuous improvement in Zitro’s software footprint.

The Jira Customization Office (JCO) supports Zitro’s sustainability efforts by continuously improving the company’s Sustainable Calculation Platform, a custom carbon footprint tracking solution integrated into Zitro’s product. This platform supports project planning, carbon footprint calculations, and automation of processes based on ISO standards to effectively track and manage the company’s environmental impact.

Establishing the ESG Committee, and both the EHS and IMS departments underscores Zitro’s proactive approach to integrating sustainable practices into its core business operations. By consolidating these efforts under the oversight of the ESG Corporate Committee, Zitro aims to set industry benchmarks for corporate responsibility and sustainable development.

“We are proud to launch these initiatives as part of our ongoing commitment to sustainability,” said Johnny Viveiros Ortiz, Founder of Zitro. “With the establishment of the ESG Corporate Committee and the dedicated departments, we are poised to lead by example in our industry, driving meaningful change towards a more sustainable future.”

The post ZITRO ESTABLISHES ESG COMMITTEE TO ENHANCE SUSTAINABILITY EFFORTS appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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ACR POKER CROWNS DECEMBER ‘PLAYER APPRECIATION MONTH’ WITH $500,000 IN GIVEAWAYS

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Tis the season to give back to players with supersized weekly races, massive ticket drops, and the return of the Mini Online Super Series 

ACR Poker is kicking off the holiday season in style, officially crowning December as Player Appreciation Month and celebrating its community with $500,000 in giveaways, offering something for every type of player.

Throughout December, ACR Poker’s biggest weekly races – The Beast, Sit & Crush, and Blitz Beast – are getting a serious glow-up as part of Player Appreciation Month. Each week from Saturday, November 29th to Friday, January 2nd, the prizes will be supersized. There will also be a sleigh-load of free tournament tickets dropped throughout December, giving players more chances to score big without spending a dime.

And starting Wednesday, December 17th, the Mini Online Super Series (MOSS) returns to close out Player Appreciation Month. There will be a full schedule of events with buy-ins from $0 to $109 and massive guarantees offered, with the full details released soon.

“I love that ACR is turning the whole month into one big holiday party and giving players a little extra cheer,” said ACR Pro Chris Moneymaker. “Giving back to the players who make this community is a great way to wrap up the year. Alongside supersized races, ticket giveaways and the Mini Online Super Series, players should also keep an eye out for something big from ACR on December 9th during WSOP Paradise. Stay tuned.”

Whether players are grinding tournaments, splashing in cash games, or simply logging in for some holiday fun, December is shaping up to be the most wonderful time of the year at ACR Poker.

For more information about Player Appreciation Month, visit ACRPoker.eu.

The post ACR POKER CROWNS DECEMBER ‘PLAYER APPRECIATION MONTH’ WITH $500,000 IN GIVEAWAYS appeared first on European Gaming Industry News.

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INTRALOT Announces Nine Month 2025 Financial Results

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The post INTRALOT Announces Nine Month 2025 Financial Results appeared first on European Gaming Industry News.

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Kambi initiates share repurchase programme with a value of SEK 100 million

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The Board of Kambi Group plc has decided to again exercise the buyback mandate which was received at the Extraordinary General Meeting on 18 June 2025 to initiate a share repurchase programme with a total value of SEK 100 million (€9m) which will run until 20 May 2026.

In line with its capital allocation strategy and empowered by the mandate received at Kambi’s Extraordinary General Meeting on 18 June 2025 (EGM) the board of directors (Board) of Kambi Group plc (Kambi) has today initiated a share repurchase programmes with a total value of SEK 100 million (€9m).

The programme will run from the date of this announcement until 20 May 2026 and shares acquired will be cancelled at a future date. The maximum number of shares that may be acquired is 1,672,887, and the aggregate purchase price for such acquisitions shall not exceed SEK 100 million (€9m). The aggregate number of shares that may be acquired under the mandate received at Kambi’s EGM is 2,990,362, which is equivalent to 10% of Kambi’s total issued shares at the time of the EGM resolution.

The buyback programme will be carried out in accordance with the Maltese Companies Act (chapter 386 of the laws of Malta), the Nasdaq First North Growth Market Rulebook for Issuers of Shares, the EU Market Abuse Regulation (EU No 596/2014) (MAR), and Commission Delegated Regulation (EU) 2016/1052 (the Safe Harbour Regulation). The share buyback programme is intended to benefit from the share buyback safe harbour provisions set out in MAR. To this end Kambi has entered into an agreement with Carnegie Investment Bank AB (Carnegie) to execute the buyback programmes and conduct the share repurchases on Kambi’s behalf.

The acquisition of shares shall take place on one or several occasions on Nasdaq First North Growth market in Stockholm (Nasdaq First North) and Carnegie will make its trading decisions in relation to Kambi’s shares independently of and without influence by Kambi. Payments for the shares are to be made in cash.

The programme will be effected in compliance with the trading conditions set out in article 3 of the Safe Harbour Regulation. In particular, Kambi shall not, on any single trading day, purchase more than 25% of the average daily share turnover on Nasdaq First North. The average daily share turnover is calculated on the basis of the average daily trading volume during the twenty trading days preceding the respective purchase date. In addition, share repurchases under each programme shall:

  1. not be made at a price higher than the price of the last independent trade or (should this be higher) higher than the current highest independent purchase bid on Nasdaq First North, 
  1. be made at a price per share within the price interval recorded on Nasdaq First North at any given time, i.e. the interval between the highest buying price and the lowest selling price, and 
  1. not exceed or fall below the maximum and minimum ranges set out in the EGM resolution. 

At the time of this announcement, the total number of issued shares in Kambi is 29,903,619. Kambi currently holds 2,193,675 of its own shares from prior buyback programmes which will be cancelled on or shortly after 1 December and 400,000 shares held to satisfy Kambi’s future obligations arising from its employee share option programmes.

Information on completed buybacks will be publicly disclosed in accordance with Safe Harbour Regulation and will also be available on the company’s website, kambi.com.

 

The post Kambi initiates share repurchase programme with a value of SEK 100 million appeared first on European Gaming Industry News.

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