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HSG Offers A Digital Payment Platform To ACU In Emerging Markets

HONG KONG SAR – Media OutReach – 20 January 2023 – Hi Sun FinTech Global (HSG) supports ACU Group to offer fast, transparent and cost-effective international payments in multiple currencies.

Mr. Thor Yang, Chairman of ACU Group Hong Kong (left) and Mr. Terry Liang, CEO of HSG (right) signed Certificate of Partnership in recognition of commitments and collaboration.

Thailand is one of 60 countries where ACU Group is trademarked, the location is of great importance. ACUPAY Thailand aims to provide customers with the utmost quality, convenience, innovation, and security.

ACU Group has chosen HSG to provide customers with the following features for its payment service:

  • Convenient top-up
  • Flexible and easy payments
  • Consumer-friendly operations
  • Straightforward account opening
  • Customer migration assistance

The ACUPAY project started in September 2022, targeting to roll out in Thailand by end of February 2023. Both teams are collaborating to complete a unified effort, once the Thai version is up and running, the project will be replicated in Malaysia and other African countries.

“We are very excited to collaborate with HSG on this project because it aligns with our strategic vision of improving our customer experience and offering our payment services to more countries in Asia and Africa. It is key to our effort to contribute to and support the country’s digital evolution.” said Mr. Thor Yang, Chairman of ACU Group Hong Kong.

This project–which was a rousing success–has set ACUPAY Thailand up for a long-term stronghold in the FinTech space. It also marks the beginning of our lucrative business partnership.

Central Bank Digital Currency: FinTech At The Highest Level

Central Bank Digital Currency (CBDC) is a digital currency issued by a central bank and tied to the country’s national currency. The Hong Kong Monetary Authority (HKMA) has been performing in-depth research on this subject since 2017.

Also, the Bank of England opened supplier applications last December for CBDC sample digital wallets. The goal of this project is to enable CBDC ledgers to interface with the private sector.

“Consumers can own a CBDC in a wallet or account and use it for payments. This would serve as a public digital banking option that anyone can use. It could be especially helpful for consumers who can’t access traditional banking services.” said Terry Liang, CEO of HSG, an award-winning FinTech solution provider serving major banks in China and APAC for the last 25 years.

Delving Into ACU Group And HSG’s Joint CBDC Initiative

While CBDC is undoubtedly filled with potential on a massive scale, it’s in its infancy. Established institutions are curious, but they’re also slow to adopt all facets of FinTech.

Features–like a digital wallet or currency–aren’t new to these high-level organisations. Still, the institutions in question haven’t dived headfirst into the FinTech revolution.

However, that hesitancy will change. Soon, CBDC–and other FinTech facets–will be the norm for central banks.

The ACUPAY APP developed jointly by ACU Group and HSG will ultimately allow a user to make consecutive digital payments with immediate settlement. The wallet user can initiate payments using any channel: contactless, QR Code, and the same terminals and standards currently used for card payments.

The aim is to provide customers with high-convenience, high-quality, highly secure, and innovative payment services.

The mounds of research and development ACU and HSG have compiled on Central Bank Digital Currency will put us far ahead of the pack. To that point, our joint digital wallet system has entered the testing stage, and the results–thus far–have filled us with excitement for the future.

Hashtag: #digitalbanking #digitalcurrency #CBDC #digitalwallet #corebanking #fintech #payment #thailand

The issuer is solely responsible for the content of this announcement.

DHL Global Forwarding Asia Pacific recognized as Top Employer 2023

  • ŸAlso certified as Top Employer 2023 in 45 country organizations spanning Africa, Asia Pacific, Europe, Middle East and North America
  • ŸDHL Global Forwarding is the only freight forwarder and one of only 15 companies to be named a global Top Employer 2023
  • ŸThe certification recognizes the company’s outstanding human resources policies and practices

SINGAPORE – Media OutReach – 20 January 2023 – DHL Global Forwarding, the air, ocean and road freight specialist of Deutsche Post DHL Group, has been certified as Top Employer in Asia Pacific for the fourth time in a row. The certification acknowledges DHL’s extensive efforts to create a positive, safe and encouraging workplace for its employees. In addition to being certified Top Employer 2023 in Asia Pacific, DHL Global Forwarding was also recognized as a Top Employer globally in 45 country organizations, including Bangladesh, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.

DHL-Global-Forwarding-Asia-Pacif.png
DHL Global Forwarding Asia Pacific recognized as Top Employer 2023

Globally, DHL Global Forwarding receives the certification as Top Employer Global 2023, Top Employer Africa 2023, Top Employer Europe 2023, Top Employer Middle East 2023 and Top Employer North America 2023.

“Being recognized as a Top Employer in Asia Pacific for the fourth year is a row is a testament that we are moving in the right direction of our people-first practices. Our people are our greatest asset, and we will keep investing in initiatives on our employee’s well-being, training and career development opportunities, and to foster a diverse and inclusive work culture. We will continue to build an environment where people can thrive at work and in their personal development. Our people’s commitment to excellence is what drives our business forward where we provide world-class logistics and transport solutions. Congratulations to all colleagues who make this possible,” said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.

The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion, Wellbeing and more. DHL Global Forwarding carries out numerous HR initiatives and activities in these areas worldwide, to create a positive working environment where talent and excellence can grow.

Among other things, DHL Global Forwarding was recognized for introducing sustainability as a new key performance indicator in 2022. This process will be completed in 2023.

“Being awarded as one of the best employers in Asia Pacific makes me really proud,” says Celine Quek, Senior Vice President and Head of Human Resources, DHL Global Forwarding Asia Pacific. “Our success is built on the talent and expertise of our people, which is why we offer many learning opportunities while providing a flexible work environment to support the different needs of our colleagues. We also champion diversity and inclusion to promote an environment where everyone feels valued and respected. Thank you to all colleagues. We will continue to do more to stay ahead of the evolving needs of our people, our business and the environment that we operate in.”

In addition to DHL Global Forwarding, all other Deutsche Post DHL Group divisions were certified as Top Employer 2023, either at global, regional or country level. For the first time, Deutsche Post DHL Group received the Top Employer Award as a Group in Europe. With 590,000 employees working in five divisions in more than 220 countries and territories Deutsche Post DHL Group is one of the largest employers worldwide.

Hashtag: #DHL

The issuer is solely responsible for the content of this announcement.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero-emissions logistics by 2050

Sunmood Divorce Consultancy Announces the Expansion of Customer Service Hours and the Implementation of a WhatsApp-based CRM System to Improve Divorce Services

HONG KONG SAR – Media OutReach – 19 January 2023 – Sunmood Divorce Consultancy, one of the leaders in divorce and family consultants industry (離婚手續), has announced the expansion of its customer service hours and improved the company’s communication technology. This strategic move is aimed at providing exceptional support to its valued customers in light of the ongoing pandemic. The company recognizes the significant impact the pandemic has had on business operations, and is committed to being available to its customers during these challenging time.

In addition to the expansion of customer service hours,Sunmood Divorce Consultancy has also introduced a new communication-based customer relationship management tool utilizing WhatsApp API. This move is in response to the increasing demand for the company’s divorce services. The new tool will streamline the operations and enhance the customer experience by providing a more efficient and convenient means of communication.

The company recognizes the importance of staying ahead of market trends and continuously improving its services. The integration of WhatsApp API into its customer relationship management system is a testament to the company’s commitment to innovation and its ability to adapt to the evolving needs of its customers. This new tool is expected to further improve customer satisfaction and support the growth of the company’s divorce services division. Some features about the new tool:

  1. Chatbot integration: The ability to automate responses to common customer inquiries, such as business hours, pricing, and service availability.
  1. Two-way messaging: The ability for customers to initiate conversations with the company and receive responses in real-time.
  1. Multi-language support: The ability to communicate with customers in multiple languages, making the CRM tool accessible to a global audience.
  1. Automated workflows: The ability to automate certain tasks, such as sending appointment reminders or follow-up messages.
  1. Analytic and reporting: The ability to track customer interactions and gain insights into customer behavior and preferences.
  1. Secure communication: End-to-end encryption to ensure customer data is secure.
  1. Personalization: The ability to personalize the communication with customers by addressing them by name or creating a personal connection
  1. Customizable Templates: The ability to create and use pre-written templates for common customer interactions.

Hashtag: #SunmoodDivorceConsultancy

The issuer is solely responsible for the content of this announcement.

About the company

Sunmood Divorce Consultancy is a leading provider of expert divorce consultation services (). The company’s team of dedicated professionals are committed to guiding clients through the complex process of divorce, with a focus on providing personalized solutions for each client’s unique situation. Their range of services includes alimony (), child custody and China Hong Kong divorce proceedings. Sunmood

“We now have a team ready to help with divorce questions 24/7, using advanced technology,” said Kate Lai, Director of Divorce Consulting. “We always put our clients first. Our experts have a lot of knowledge about divorce and can provide good solutions. We look at each client’s specific situation, come up with plans, solve problems and anticipate needs to get the best results for our clients.”

Website:

Clash of Clans Showcases Rabbit Year Publicity Animation, Releasing Limited-Edition Skins and Scenery

KUALA LUMPUR, MALAYSIA – Media OutReach – 19 January 2023 – As the Spring Festival of the Chinese Rabbit Year approaches, Clash of Clans(COC), the game developed by famous Finnish mobile game developer Supercell, launches lots of Spring Festival-limited content and benefits for players. Taking the Asian market as the pivot as always, the game brings plenty of game content with the element of the Zodiac “Rabbit” to celebrate the Spring Festival of the Rabbit Year with all players!

In the past two years, Clash of Clans has launched publicity videos with the themes of “Chinese New Year’s Market” and “the Great Wall,” leaving deep impressions on the audience along with Spring Festival-specific content in the game. And again, in this Year of the Rabbit, COC showcased the exquisite publicity animation specifically for the Spring Festival. In the publicity animation named “May the Rabbit Be With You,” the Wizard and the Rabbit, his fellow, come on the magic stage of shadow puppets, which integrates traditional Chinese elements such as the Year of the Rabbit and shadow puppets and brings a fantastic carnival! To watch this video, please visit https://youtu.be/_I9T4hxmZXU

New Highlights in Traditional Shadow Play

Starting from the familiar Clash 3D animation, this COC publicity video presented the “Magic Theatre,” specifically launched for the Rabbit Year Spring Festival. On the stage of the theater, the Wizard performed his signature magic and recalled his fellow—a rabbit. Whether in clan war or performance, the rabbit has always accompanied the Wizard over the last ten years. So it is natural that the rabbit also engages in the performance during the Spring Festival. As the rabbit shows up, it rapidly jumps onto the stage curtain, with the animation style switching to a shadow play format and the kick-off of a magic show!

Fantastic and interesting shadow play guided the audience through a magical world with the Wizard and the rabbit—each scenery that they pass through is so friendly for those who are familiar with shadow play and traditional Chinese culture, and so miraculous for those who are unfamiliar.

After a series of magical adventures, the Wizard and the rabbit return to the stage, while the light and shadow remain at the back of the stage. This implies that the true hero, Lunar Queen, is on her way!

Starting from the Wizard’s Spring Festival performance, the publicity video for COC created the atmosphere of the Chinese Spring Festival of the Rabbit Year with rabbit and shadow play elements, and introduced the brand new hero skin of the Lunar Queen with a complete story. Besides the commonly used 3D animation style, shadow puppet play as an agreeable presentation for the people in the Chinese cultural circle was applied in the publicity video, bringing the video new highlights and once again demonstrating the sincerity of the Supercell and COC teams for players.

New Scenery in the Rabbit Year, as well as Time-limited skin, is on the Way!

Since 2020, COC has released limited-edition skin during the Spring Festival. In 2022, the COC team made a first attempt to integrate the limited-edition skin with Chinese zodiacs and introduced the Lunar King (Tiger King) skin with fierce tiger styling in the Tiger Year. The Lunar Queen was naturally the star of the Rabbit Year 2023’s Spring Festival!

The Lunar Queen retained the cuteness and naughtiness of rabbits in people’s minds and was finetuned based on the combat strength of the Archer Queen. Its image reached the maximum balance of the elements and gave the Spring Festival skin a unique charm.

The main promotional scenery in the video, Magic Theatre, is actually the game’s time-limited village scenery during the Spring Festival of the Rabbit Year! This scenery adopts red as the main tone of buildings and Chinese lanterns as the main lighting source, creating the strong and jubilant atmosphere of the Spring Festival. The shadow play stage on the upper right of the scenery is the same as the stage in the publicity video. And the shadow of the little rabbit triggers curiosity and anticipation among the audience towards the performance on the stage.

Except for the Spring Festival-limited hero skin and the village scenery, Warrior Champion—the ultimate reward of the Gold Pass—is also a hero skin full of Chinese style.

Corresponding with the Warrior collection skins launched during the past Spring Festival holidays, the Warrior Champion skin is definitely a must-have for players who are keen to collect hero skins.

Besides, the Rabbit Lantern from the publicity video will be launched in the game in the form of obstacles, and a sculpture decoration with the wizard and the rabbit elements, Magic Show statue, will also be added. Here comes another surprising gift from the COC team for all players!

All the hero skins, village scenery, and decorations mentioned above will be launched in the game during the Spring Festival, which players can either directly buy or obtain via challenge tasks. Don’t miss the chance of getting the treasure if you are a loyal player of Clash of Clans!

As a mobile game that has been online for more than 10 years, Clash of Clans has always maintained a very high level of popularity worldwide. Such an achievement stems from its excellent gameplay on the one hand and the game team’s persistence in bringing new content to players on the other. The Chinese Spring Festival is also the most important festival of the year for Malaysia, so Clash of Clans insists on introducing new content for the Chinese Spring Festival in the game as well as promoting this content to players in other countries and regions of the world, bringing a more valuable Spring Festival-limited gift for players.

Hashtag: #ClashofClans

The issuer is solely responsible for the content of this announcement.

DEUTZ AG: ‘POWERING PROGRESS’ strategy program: DEUTZ enginges will continue to keep the world moving

  • Planned investment of more than €100 million in technologies of the future
  • Ambition to play an active role in market consolidation
  • DEUTZ to be carbon-neutral by 2050

COLOGNE, GERMANY – EQS Newswire – 19 January 2023 – DEUTZ continues to pursue its growth strategy with a clear framework for further business expansion. Through its Powering Progress strategy program, DEUTZ is actively engaging with the challenges of the shift to greener transportation and responding to the key market requirements of taking the internal combustion engine forward and developing new drive technologies. To achieve additional growth and greater profitability, DEUTZ has adopted the Dual+ strategy, which includes a new zero-emission product ecosystem alongside its core business in optimized internal combustion engines. Both segments will be supported through the global expansion of the high-margin service business.

The long-term goal of the restructured management team led by CEO Dr. Sebastian C. Schulte is to permanently establish DEUTZ among the top three independent drive manufacturers and to offer a fully carbon-neutral product and technology portfolio by no later than 2050.

Dr. Sebastian C. Schulte: “We want our engines to keep the world moving in the future, too. The industry sectors that make up our customer base are in the middle of a fundamental shift toward greater carbon neutrality. Transforming transportation is a huge task, but also a business opportunity for us. Through our Powering Progress strategy program, we aim to make the most of such opportunities, continue to grow profitably, and ensure that our business is carbon-neutral along the entire process chain by 2050.”

DEUTZ CLASSIC: Optimized, highly efficient combustion engine technology provides a strong foundation

DEUTZ firmly believes that the heavy-duty sector and agriculture will continue to need clean and efficient internal combustion engines to ensure a seamless transition to the technologies of the future. That is why the Classic segment will continue to underpin corporate growth at DEUTZ. The expectation is that a significant uptick in performance, for example through better utilization of existing capacities and an optimized product portfolio, will enable an increase in engine production to over 200,000 units a year and a marked rise in profitability. To this end DEUTZ is also actively looking for M&A opportunities in a consolidating market.

DEUTZ GREEN: A carbon-neutral product ecosystem based on innovative strength, investment, and a technology-neutral approach

DEUTZ engines power machines that are, at present, responsible for high levels of carbon emissions. There is potential for improvement, which the Company aims to unlock as it creates a carbon-neutral product portfolio. DEUTZ is channeling its innovative strength and almost 160 years of engine development experience into its Green segment, based on an approach that is fundamentally technology-neutral. This means improving the carbon footprint of internal combustion technology, for example through the use of hydrogen or synthetic fuels and developing alternative drive systems such as electric drives. To reflect the changing demands on the infrastructure that is required to keep an engine running, DEUTZ intends to extend its service offering across the entire product ecosystem. The aim is to harness new value chains, for example, when it comes to charging electric machines or supplying the fuel for hydrogen engines. Over the next three years, DEUTZ plans to invest well over €100 million in the Green segment.

Expansion of the service business – The benefits of the Dual+ strategy

Around the world, DEUTZ engines are in operation for around ten years on average in some of the most unforgiving conditions. The aim is to make more of the inherent potential in service and aftersales going forward, and DEUTZ is supporting the Classic and Green segments through the global expansion of its profitable service business. This includes the enlargement of regional sites, the repair and maintenance of third-party engines, and the expansion of the service business through acquisitions and strategic partnerships. The commercial goal of the campaign is to grow the service business’s share of revenue to over €500 million in the coming years while maintaining profitability.

Beyond optimizing internal combustion engine technology and establishing a future-proof product and technology portfolio, CEO Dr. Sebastian C. Schulte believes the strategy program also offers opportunities for growth and change within DEUTZ: “Our strategy program is aimed at opening up new growth opportunities and gaining market share. We have to change as an organization if we want to achieve this. Adopting an entrepreneurial mindset will need to come as naturally as ensuring that our engines are as close to perfection as they can possibly be.”

The issuer is solely responsible for the content of this announcement.

About DEUTZ AG

DEUTZ AG, a publicly traded company headquartered in Cologne, Germany, is one of the world’s leading manufacturers of innovative drive systems. Its core competencies are the development, production, distribution, and servicing of drive solutions in the power range up to 620 kW for off-highway applications. The current portfolio extends from diesel, gas, and hydrogen engines to hybrid and all-electric drives. DEUTZ drives are used in a wide range of applications including construction equipment, agricultural machinery, material handling equipment such as forklift trucks and lifting platforms, commercial vehicles, rail vehicles, and boats used for private or commercial purposes. DEUTZ has around 4,750 employees worldwide and over 800 sales and service partners in more than 130 countries. It generated revenue of around €1.6 billion in 2021. Further information is available at .

PCCW/HKT Launches Metaverse Virtual World PCCW-HKT Futurera

Virtual “Be ON Game” & Hong Kong’s First Metaverse Staff Recruitment Game

HONG KONG SAR – Media OutReach – 19 January 2023 – PCCW (SEHK: 0008) & HKT (SEHK: 6823) – PCCW/HKT announces the launch of PCCW-HKT Futurera, a virtual world in The Sandbox metaverse, introducing over 20 missions for players, such as games based on popular ViuTV show “Be ON Game”, and serving as Hong Kong’s first metaverse staff recruitment to explore Web3.0 talent through gamification.

Susanna Hui, Group Managing Director of HKT, said, “The Group’s diverse business has enabled us to build Futurera – our unique virtual world in the metaverse. Embodying our unrivalled edge in technology, communications and content, Futurera brings popular characters and games to the virtual world. By attracting the public to learn about and experience metaverse, we are helping Hong Kong prepare itself for the prime opportunities presented by Web3.0.”

“Technological development and talent go hand in hand. We are delighted to be Hong Kong’s first corporation to recruit staff in The Sandbox metaverse. In addition to enriching the Group’s talent pool, we are also taking metaverse beyond the objective of audiovisual entertainment to realise online-to-offline applications. We hope to inspire our industry peers to further explore the potential of metaverse to broaden its use cases.”

“Be ON Game”, Now on Metaverse: Find the Hidden Content

Timed with The Sandbox’s Lunar New Year Mini-season launch, Futurera is opening its doors to The Sandbox users starting today. Players can take part in over 20 missions in Futurera, 7 of which originate from “Be ON Game”. Players who complete all missions stand to gain access to a mystery spot, where they will find hidden content presented by the cast of “Be ON Game”.

“Be ON Game” Gold Bar

Collect gold bars in the mall and tackle thieves

“Be ON Game” Boat

Collect towels on the vessel while avoiding power cables

“Be ON Game” ONympics

Strive to score a goal by fake moves

“Be ON Game” Office

Race against time to collect all the items

Web3.0 Job Application

With Web 3.0 being a key direction for future Internet development, enterprises are keen to recruit staff with the relevant knowledge. After successfully completing the “PLAY TO GET A JOB Interview” mission, players who are interested in becoming a member of the Futurera creative team and taking part in shaping the virtual world of metaverse can easily access our talent recruitment website via a QR code to apply for a Web3.0 role. This role is open to all interested candidates until 28 February 2023.

Metaverse Academy

Aiming to introduce metaverse to our users, we proactively seek to make all our customers Web3.0-ready. Under HKT, 1O1O/csl collaborated with The Sandbox to launch Metaverse Academy, a workshop that was warmly welcomed by our customers last month. In February, 1O1O/csl will be hosting another Metaverse Academy as well as setting up The Sandbox experience booths at three of our flagship stores. Customers can gain an understanding of the basics and applications of metaverse under the guidance of experts, such as opening an account to access metaverse and designing an avatar, so that they are effortlessly equipped to become a member of metaverse. For details, please refer to Facebook page of 1O1O/csl.

Hashtag: #PCCW #HKT

The issuer is solely responsible for the content of this announcement.

About PCCW

PCCW Limited is a global company headquartered in Hong Kong which holds interests in telecommunications, media, IT solutions, property development and investment, and other businesses.

The Company holds a majority stake in the HKT Trust and HKT Limited, Hong Kong’s premier telecommunications service provider and leading operator of fixed-line, broadband, mobile communication and media entertainment services. HKT delivers end-to-end integrated solutions employing emerging technologies to assist enterprises in transforming their businesses. HKT has also built a digital ecosystem integrating its loyalty programme, e-commerce, travel, insurance, big data analytics, FinTech and HealthTech services to deepen its relationship with customers.

PCCW owns a fully integrated multimedia and entertainment group in Hong Kong engaged in the provision of over-the-top (“OTT”) video service locally and in other regions, as well as content production, artiste management and the event business.

Through HK Television Entertainment Company Limited, PCCW also operates a domestic free TV service in Hong Kong.

PCCW Solutions is a leading IT and business process outsourcing provider in Hong Kong, mainland China and Southeast Asia.

In addition, PCCW holds a stake in Pacific Century Premium Developments Limited and other overseas investments.

To learn more about PCCW, please visit .

About HKT
HKT is a technology, media, and telecommunication leader with more than 150 years of history in Hong Kong. As the city’s true 5G provider, HKT connects businesses and people locally and globally. Our end-to-end enterprise solutions make us a market-leading digital transformation partner of choice for businesses; whereas our comprehensive mobile communication and smart living offerings enrich people‘s lives and cater for their diverse needs for work, entertainment, education, well-being, and even a sustainable low-carbon lifestyle. Together with our digital ventures which support digital economy development and help connect Hong Kong to the world as an international financial centre, HKT endeavours to contribute to smart city development and help our community tech forward.

For more information, please visit .

LinkedIn: linkedin.com/company/hkt

Schneider Electric named as a ‘Lighthouse’ in Diversity, Equity & Inclusion by the World Economic Forum

Schneider Electric earns recognition for advancing pay equity and fostering an inclusive and caring work environment

HONG KONG SAR – Media OutReach – 19 January 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been named as a Global Parity Alliance Diversity, Equity and Inclusion (DEI) Lighthouse for its Global Pay Equity (GPE) initiative, by the World Economic Forum’s (WEF) Centre for the New Economy and Society.

This award recognizes Schneider Electric’s efforts to promote inclusion and care by advancing pay equity across all its offices. Schneider Electric’s Global Pay Equity initiative began in 2014 with pilots in 12 countries. Since then, it has been implemented in over 100 countries, reaching 99.6% of the company’s total workforce by the end of 2020.

It’s an honor to be recognized for our ongoing commitment to gender equity. We believe that an inclusive and caring company culture is key for creating a sustainable future. We want to bring a long-term positive impact for our people, our company, and our planet – and that can only be achieved by providing equitable opportunities to everyone, everywhere. We’ve gained a lot of momentum and progress over the years in this area, and we’re determined to continue hardwiring equity and inclusion in all stages of our employees’ experience.” said Charise Le, Schneider Electric’s Chief Human Resources Officer.

Established by the WEF in collaboration with McKinsey & Company, the Global Parity Alliance is a global, cross-industry group of organizations that is working to drive better and faster DEI outcomes by identifying initiatives with proven impact, sharing insights that have been key to their success, and elevating DEI action to CEO level.

Schneider Electric’s Global Pay Equity initiative has enabled year-over-year improvements in the female pay gap, through:

  • A global-local compensation framework: a unified global methodology to address pay gaps, starting with a common definition for “pay gap”, a consistent approach to gap measurement, and a company-wide target; local HR teams were then empowered to define action plans to close gaps based on local market needs and conditions.
  • A compensation review process: set on a quarterly basis at global and local levels to review KPIs and identify emerging gaps; the process also integrated a pay equity adjustment process into annual salary reviews to identify and close gaps.
  • Upskilling for HR compensation teams and department managers: Schneider trained HR professionals and people managers to increase awareness of the impact of gender biases on compensation, and to equip them with the tools they need to make equitable pay decisions throughout the recruitment, promotion, and pay review processes.
  • Data automation: introduced automated data analysis and reporting through its HR Information System to identify pay gaps through accurate tracking of key drivers across the employee life cycle.

Schneider Electric has since expanded its GPE program, setting itself the goal to attain and maintain a pay gap of <1% for all employees, and to achieve a 50:40:30 gender balance (i.e., women should represent 50% of all new hires, 40% of all frontline managers, and 30% of senior leadership) by 2025. The company will also look to implement a pay equity simulator tool to provide broader visibility into pay gap data, to help managers, HR business partners and recruiters make fair offers to potential candidates.

Related resources:

Hashtag: #Diversity #Inclusion #PayGap #Sustainability

The issuer is solely responsible for the content of this announcement.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

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Laos Road Tax for 2023 Payable Via New Channels

Road Tax 2023

Road tax payments in Laos for 2023 are now payable via a range of different methods, including a new mobile application from Joint Development Bank (JDB).