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Xella achieves significant progress in CO₂ emissions reduction, circular economy, and occupational safety

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Well positioned for sustainable growth with optimized network and enhanced processes

Duisburg, 27 March 2025 – Xella Group, a leading European provider of sustainable, efficient, and affordable walling solutions, has made substantial progress in CO₂ reduction, circular economy, and occupational safety over the past year. The company is on track to achieve its ambitious sustainability targets for 2030.

Xella’s scope 1 and 2 market-based CO2e emissions decreased by 6.6 percent, driven by the full-year impact of 2023 energy efficiency projects and measures implemented in 2024 while gross production remained stable. As an important milestone, Xella completed its coal phase-out with the final installation of three future-proof gas boilers, currently operating on gas and LPG but also capable of using hydrogen. Altogether, Xella has already achieved about 30 percent of its 2030 scope 1 and 2 emissions goal at the end of last year. This is perfectly in line with its climate targets[1]
that are externally approved by the Science Based Targets Initiative (SBTi).

The Group has also achieved a milestone on its road to circularity. Xella set the target of sending zero leftovers to landfill by 2030. In the past year, the quantities of leftovers from Xella’s building products – Autoclaved Aerated Concrete (AAC) and Calcium Silicate Units (CSU) – sent to landfill decreased by 46 percent compared to 2023. To advance the circularity of its products, Xella continues to optimize its formulations to decrease the use of virgin raw materials, and its value chain to receive secondary materials from recycling companies. Among the actions to support this, Xella is significantly investing in upgrading the capacity of key plants to handle and process leftovers while also developing new products based on crushed and milled AAC coarse material and lighter materials.

Furthermore, Xella has determinedly and consistently pursued its safety culture transformation, recording a further 20 percent decrease in lost-time injuries compared to the previous year. As part of this transformation, Xella has increased and enhanced its training programs to ensure a safe work environment and is also on track to meet its target in increasing training hours by 58 percent by 2030.

Christophe Clemente, Chief Executive Officer at Xella Group, said: “Sustainability is at the heart of what we do. Our efforts to reduce CO₂, improve the circular economy, and ensure safe working environments are demonstrably paying off. This progress would not be possible without the dedication of our employees, suppliers and partners – thank you for your commitment and achievement. We are building a sustainable world.”

Cécile Fages, Chief Sustainability and Communications Officer at Xella Group commented: “We are making great progress with our ESG roadmap. Our strategy brings together clear and proactive goals that define Xella’s role in protecting its employees, the environment, and the wider community.”

Xella’s commitment to sustainability has been acknowledged by external ESG experts. The Group received a new rating from S&P Global Ratings in January 2025, with a score of 52 in the construction materials category compared to an average score of 37 for the industry. This ranks Xella among the top 22 percent in this sector.

Well positioned and prepared for the turnaround

As foreseen, 2024 was a transition year for the construction market in Europe. The activity in some countries started to recover, while others bottomed out or continued to decline. In these challenging conditions, Xella achieved a solid turnover of one billion euros (0.99 compared to 1.09 billion euros the previous year). The normalized EBITDA came to 186 million euros (compared to 205 million euros in 2023).

Over the past year, the Group further optimized its production network and reviewed its entire value chain. The derived measures are unlocking significant efficiencies and considerably reducing fixed costs. Altogether, the Group further adapted to the challenging macroeconomic situation while staying on track with its ambitious sustainability aims. Thanks to these initiatives and with a market recovery on the horizon, Xella is optimistic about surpassing former thresholds in the midterm.

Further information is also available on the Xella Group website: www.xella.com/sustainability-report-2024

About Xella Group

The Xella Group is a European provider of efficient and sustainable walling solutions for the entire house shell. Xella is home of well-known brands such as Ytong, Silka, Hebel and Multipor and a pioneer in digitally supported construction processes. Our high-performing products based on mineral raw materials address the need for efficient construction and the demand for sustainable building solutions. The Group drives innovation along the entire value chain from planning to production and installation. Xella improves the sustainability of buildings throughout their entire lifecycle and contributes to a low carbon industry compatible with a circular economy. Headquartered in Duisburg, Germany, the Xella Group employs more than 4,000 employees. For more information on Xella Group, visit: www.xella.com


[1] The company aims to reduce its market-based CO₂ emissions in scope 1 and 2 by 42 percent by the end of the decade. Furthermore, scope 3 emissions (representing 85 percent of global CO2e emissions) from purchased goods and services will be reduced by 25 percent by 2030.

Contact

Xella International GmbH
Cécile Fages
Chief Sustainability and Communications Officer

Düsseldorfer Landstraße 395
47259 Duisburg, Germany
Phone: +49 (0)203 60880 5500

Mobile: +49 (0)160 99055743
E-Mail:
[email protected]

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FBI Identifies North Korea as Culprit in $6.3 Billion Binance Crypto Hack

FBI attributes $6.3B Binance crypto hack to North Korea, raising security concerns. Binance covers 90% of losses.

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FBI Identifies North Korea as Culprit in $6.3 Billion Binance Crypto Hack

In a striking attribution of cyber malfeasance, the Federal Bureau of Investigation has named North Korea as the perpetrator behind a colossal $6.3 billion hack on Binance, one of the world’s largest cryptocurrency exchanges. This revelation underscores persistent cybersecurity vulnerabilities and intensifies geopolitical tensions already fraught with complexity [The Guardian, November 2026].

The breach, now recognized as the largest of its kind, has sent shockwaves through the digital asset community, raising urgent questions about the robustness of current security protocols within the crypto industry [Al Jazeera, November 2026]. Despite the significant financial blow, Binance has demonstrated resilience by covering a substantial 90% of the losses, reflecting its commitment to maintaining user trust and stability [The Guardian, November 2026].

Binance’s response to the hack has been proactive, involving collaboration with international law enforcement agencies to pursue recovery of the stolen assets. A spokesperson from the exchange affirmed, “We are working closely with law enforcement to recover the funds,” indicating a strategic approach to mitigate the consequences of this unprecedented breach [The Guardian, November 2026].

The scale of the hack, valued at $6.3 billion, places it squarely in the spotlight of global financial and security discussions. It serves as a stark reminder of the vulnerabilities inherent in digital finance systems, particularly as they become more entwined with global economic infrastructures [Al Jazeera, November 2026].

North Korea’s involvement in such a high-profile cybercrime reflects broader geopolitical dynamics, where state-sponsored hacking has become a tool for economic gain and political leverage. This attribution by the FBI further complicates diplomatic relations and underscores the need for coordinated international responses to cyber threats [The Guardian, November 2026].

The incident has not only affected Binance but has also sent ripples across the broader cryptocurrency market, prompting investors and exchanges to reassess their security measures. The hack’s magnitude highlights the urgent need for enhanced protective measures and industry-wide collaboration to fortify digital asset exchanges against future threats [Al Jazeera, November 2026].

In the wake of this cyber assault, Binance’s robust response and coverage of losses may set a precedent for how exchanges handle such adversities in the future. It also emphasizes the critical role of transparency and accountability in maintaining user confidence and market integrity [The Guardian, November 2026].

As the situation unfolds, the interplay between cybersecurity and international politics will likely intensify, with potential repercussions for regulatory frameworks governing digital assets. The hacking incident serves as a catalyst for ongoing debates about the balance between innovation and security in the realm of cryptocurrency [Al Jazeera, November 2026].

Looking forward, the focus will remain on how Binance and other cryptocurrency platforms adapt to these evolving threats. Their ability to enhance security protocols and foster international cooperation will be crucial in defining the future landscape of digital finance. The world will closely monitor these developments, particularly as they relate to North Korea’s cyber capabilities and intentions [The Guardian, November 2026].

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Naboo Expands with Acquisition of UK Events Platform Pro-ven

Naboo has acquired UK M&E spend specialist pro-ven, which becomes Naboo UK, keeping all 20 staff and its founder.

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Naboo Expands with Acquisition of UK Events Platform Pro-ven

Naboo, the Paris-based meetings and events (M&E) spend management platform, announced on 27 October 2026 that it has acquired pro-ven, a UK specialist in venue sourcing and event procurement, for an undisclosed sum. The companies say the combination creates the world’s largest pure-play provider of M&E spend management and venue sourcing.

Founded in 2005, pro-ven helps corporate and association clients manage meetings and events spending through venue and supplier sourcing, contract negotiation, approval workflows, invoicing and payment management. It generates around €30 million in annual transaction value and brings enterprise clients including Unilever, Virgin Media and Sony. Following the deal, Naboo says the combined business will manage around $300 million (€268 million) of meetings and events spend.

Under the terms of the deal, pro-ven’s Hertfordshire office becomes Naboo’s UK headquarters and the business will operate as Naboo UK. All 20 pro-ven employees are being retained, and founder and managing director Julian Laxon will stay on to help grow Naboo’s UK presence. Existing pro-ven clients keep the same account teams and commercial arrangements, while gaining access to Naboo’s AI-driven technology platform and international network.

Naboo says the acquisition was financed equally through equity and borrowing. It follows the company’s $70 million (€58.7 million) Series B round in February 2026, led by Lightspeed Venture Partners with participation from existing investors Notion Capital, ISAI and Ternel.

The UK is not a new market for Naboo, which has operated there since 2024. CEO and co-founder Maxime Eduardo said the deal is primarily about accelerating growth in what he called a huge market for the company and adding enterprise customers. “Together with pro-ven, that is the leader we are building,” he said.

The acquisition caps a busy period for Naboo, which recently unveiled a new brand identity and opened its first Asia-Pacific office in Singapore, following its expansion into North America with offices in Montreal and New York.

Sources: Business Travel News; EU-Startups; CIT World; The Business Travel Magazine.

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How AI is Transforming Small Businesses: Success Stories

This article explores the transformative impact of AI on small enterprises, highlighting specific case studies of businesses that have successfully integrated AI technologies to enhance efficiency and competitiveness.

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In September 2026, the Financial Times reported a significant surge in the adoption of AI technologies by small enterprises, driven by the promise of enhanced efficiency and reduced operational costs. Among the many businesses venturing into this digital frontier, a few stand out as exemplary cases, demonstrating the transformative power of AI when strategically implemented.

Take, for instance, GreenLeaf Grocers, a small organic food retailer based in Brighton. Faced with the challenges of scaling operations and managing inventory efficiently, GreenLeaf turned to AI-driven inventory management systems. By analyzing customer purchasing patterns and forecasting demand, the system enabled the grocer to optimize stock levels, reducing waste by 30% within the first year. The owner, Sarah Jenkins, noted, “AI has not only streamlined our operations but has also allowed us to focus more on customer service and community engagement.” This case underscores the potential of AI to reshape retail operations, offering insights into customer behavior that were previously inaccessible.

Another compelling story is that of TechFixers, a family-run electronics repair shop in Manchester. Confronted with increasing competition and the need to differentiate their services, the owners implemented an AI-powered diagnostic tool. This technology rapidly identifies device issues, providing technicians with precise solutions. As a result, TechFixers reduced average repair times by 40%, significantly boosting customer satisfaction and expanding their clientele. The owner, Mark Thompson, attributes their competitive edge to AI, stating, “Integrating AI into our diagnostic process has been a game-changer, allowing us to offer quicker, more reliable repairs.”

In the realm of financial services, FinServe, a small accounting firm in London, illustrates the impact of AI on service delivery. By employing AI-based analytics tools, FinServe offers clients real-time financial insights and predictive forecasting. This capability has attracted a new segment of tech-savvy clients seeking proactive financial management. The firm’s director, Lucy Patel, emphasized the strategic advantage gained, “AI has empowered us to provide a level of service that was previously the domain of larger firms. We’re now able to deliver insights and strategic advice that truly add value for our clients.”

These cases highlight not only the successful application of AI in various industries but also the diverse ways in which small enterprises can leverage technology to overcome specific challenges. While the potential benefits of AI are substantial, the journey is not without its hurdles. Businesses must navigate the complexities of data integration, system compatibility, and the initial investment costs. However, for those willing to embrace the change, the rewards can be substantial.

As AI technology continues to evolve, its role in small business operations is likely to expand, offering new opportunities for innovation and growth. The experiences of GreenLeaf Grocers, TechFixers, and FinServe serve as a testament to the transformative power of AI, providing a roadmap for other small enterprises eager to harness this technology.

Looking ahead, the integration of AI into small business operations is set to become even more pervasive. As technology advances and becomes more accessible, businesses of all sizes will find new ways to leverage AI for competitive advantage, creating a dynamic and constantly evolving landscape.

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