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Schneider Electric Sustainability Impact program reaches midterm milestone

  • Notable progress made with climate solutions, circularity initiatives and Access to Energy programs
  • Acceleration of sustainable supply chain activities expected in second half of program

HONG KONG SAR – Media Outreach – 8 August 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, today published details of its quarterly sustainability impact performance, alongside its half-year financial results.

SSI Q2 2023.PNG.png

At the end of this quarter, the company is halfway through its Environmental, Social and Governance (ESG) program spanning 2021-2025. By measuring and disclosing progress every few months, Schneider Electric ensures a constant, enterprise-wide focus on meeting the program’s 11 global and close to 200 local targets.

The first two and a half years of the program were marked by substantial expansion of its initiatives to provide access to clean and reliable energy, notably in India. The steady growth of impact revenues and continued efforts to save and avoid customers’ CO2 emissions have also contributed to the progress made so far.

Following the structuring and deployment of tracks related to supply chain engagement, results are starting to show on sustainable packaging and materials and the reduction of top suppliers’ emissions. With the addition of its decent work initiative, Schneider Electric expects to accelerate its comprehensive sustainable value chain efforts from here on in.

Our sustainability impact initiatives are transformative, not quick wins. While some require longer to ramp up, we expect them to deliver significant results in the second half of the program,” said Gwenaelle Avice-Huet, Schneider Electric’s Chief Strategy & Sustainability Officer. “With only two and a half years left to reach our climate and social ambitions, we need to stay focused and mobilized to live up to our impact company principles: doing well to do good, and vice versa, and bringing everyone along on this journey too.”

Key second-quarter ESG highlights:

  • Received 11 iF Design Awards for our products dedicated to energy efficiency and circularity,
  • Ranked #1 on the Gartner Supply Chain Top 25 for 2023 after eight consecutive years on the list,
  • Partnering with governments and CEOs on the Versailles 10×10 action plan to double the rate of energy efficiency improvements by 2030 at the International Energy Agency’s (IEA) annual global conference,
  • 97.67% of shareholders supported Schneider Electric’s decarbonization plan in the first Say on Climate motion,
  • Recognized by the 2023 Transparency Awards, with a special prize for high-quality ESG information,
  • Certified by the Fair Wage Network for ensuring all employees are valued and compensated fairly for their work.

At the end of the quarter, the overall Schneider Electric Sustainability Impact (SSI) score came in at 5.28, on track to reach the 2023 end-year target of 6 out of 10.

Related resources:

Hashtag: #ESG #Impactcompany



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.

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on .

Social Media Users Doubt Authenticity of Lao Participant in Viral Video

Social Media Users Doubt Authenticity of Lao Participant in Viral Video
Participants on the World Friends Video. (Photo: WorldFriends)

Netpie? McDonut? Never heard these words before? You, like many others, might think that a woman posing as a Lao citizen in a video published by the Facebook page World Friends may not be Lao at all.

Landslides on Route 8A in Laos Leave 110 Vehicles, 70 People Stranded

110 vehicles were stranded on road 8A between Khammouane and Bolikhamxay provinces due to landslides caused by heavy rains. (Photo: Lao Security News)

Severe landslides on route 8A between Khammouane and Bolikhamxay provinces have blocked the road for nearly 10 kilometers, leaving 110 vehicles and more than 70 people stranded.

Will Field to Rejoin Chubb as Head of Casualty, Asia

SINGAPORE – Media OutReach – 8 August 2023 – Chubb announced today that Will Field will rejoin the company in Q1 2024 as the Head of Casualty, Asia. In this key role, Field will have responsibility for the management and performance of the company’s Casualty portfolio across Asia.

Based in Singapore, Field will report to Chris Gough who was recently promoted to the Head of Property & Casualty, Asia.

With almost 20 years’ experience, Field started his career as a commercial and insurance lawyer. He joined ACE in 2010 and worked with ACE and Chubb for 12 years in senior claims management roles, including Claims Manager, Casualty & Multinational, Asia Pacific and Head of Claims, Singapore. Most recently, Field was the Head of Claims in Asia Pacific for Everest.

On announcing Field’s appointment, Gough said, “We are delighted to welcome Will back to Chubb – his technical knowhow and understanding of the legal environment across the region, coupled with his commitment to delivering superior customer service make him the ideal person to lead our growing Casualty portfolio in Asia.”

Hashtag: #Chubb

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

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: .

Toast to Lotte Duty Free’s 3rd Anniversary Deals on iShopChangi

Lotte Duty Free turns three! Join the festivities and discover incredible deals on Wines & Spirits, with up to 30% off selected products from an extensive range of over 800 duty-free alcohol options only on iShopChangi. Get more bang for your buck when you cart out with exclusive Lotte Birthday deals in Singapore and participate in the ultimate One-Day Mega Flash Sale happening on 19 August!

SINGAPORE – Media OutReach – 8 August 2023 – From now to 30 September 2023, both non-travellers and travellers can revel in an array of special-bundle deals on Lotte Duty Free’s curation on iShopChangi. Whether you are looking to get your hands on limited-edition whiskies, cognacs, gins, beers, stouts, wines, or sake, Lotte Duty Free’s third-anniversary celebration will have something for everyone. Enjoy exclusive 2-tier gifts-with-purchase and mark your calendar for the One-Day Mega Flash Sale, happening on 19 August, to enjoy greater savings.

lotte duty free 3rd anniversary

A Toast to Liquor Exclusives and Deals for Travellers

Whiskey enthusiasts are in for a treat from our wide array of distinguished brands like Macallan, Bunnahabhain, Glenmorangie, and Kavalan. Deal-seekers can look for picks such as the Jura 12 Year Old Sherry Cask to grab 15% off its original price and take a bottle home at just S$97.50. Or enjoy 25% off the Dewar’s 12 Year Old Reserve when you buy two bottles at a discounted price of S$61.96 each.

Elevate your moments of indulgence with Cognac classics such as the Camus Borderies Special Dry, currently available at 10% off, at a reduced price of S$143.10.

Step beyond familiar favourites like the Suntory Roku Gin and Hendricks and embark on a flavourful journey with award-winning expressions by Twenty Third Street. The bold collection of Twenty Third Street boasts an enticing range of spicy to citrus-based flavours that will invigorate your palate. Don’t miss the chance to try these acclaimed gins, now available at a fantastic 20% discount off their usual price per bottle. Add them to your personal stash at just S$62.86 when you snap up two bottles.

For sweet libation lovers, Somrus offers a delightful array of cream liqueurs — from luscious mango to rich coffee and aromatic chai flavours — now at S$38.68, a 15% discount from its original price. Better yet, indulge in two or more bottles of selected award-winning cream liqueurs from Somrus and enjoy a fantastic 25% discount.

Lotte Duty Free also brings in top Chinese baijiu brands such as Gujing Distillery, Shede and Wuliangye. Uncover hidden gems and timeless classics, like the Gujing Distillery Heritage Cellar. Now at S$261 with a 10% discount from its usual price, elevate your drinking experience with one of China’s most renowned white liquors.

Looking for more liquor gems? Check out the exclusive travel-only liquor selections, specially curated to elevate your vacation experiences and make your getaway moments extra memorable. Whether you are seeking the perfect bottle to enjoy during your trip or looking for unique souvenirs to bring back home, our travel-exclusives have got you covered.

Unearthing more liquor deals for non-travellers

Unlock your own unique form of liquor getaways within Singapore by enjoying savings on classic wines from brands like Patriarche. Explore selections like Patriarche Meursault 2019 and Patriarche Père & Fils Cuvee Emotion Pommard 2016, now at an enticing S$166.50 and S$136.80, respectively, 10% off their usual prices. Stock up your cellar with a delightful duo of bottles and enjoy further reduced prices, thanks to a generous 15% discount.

The captivating delights extend far beyond August as more discounts and offers continue to enthral non-travellers until the end of September. Till 30 September, sip, savour, and repeat with the Edinburgh Gin Lemon & Jasmine from Edinburgh Gin at a price tag of only S$62.90, 20% off its usual price.

Secure Flash Vouchers for the Ultimate One-Day Mega Flash Sale & Gifts-with-Purchase

Mark your calendar for Lotte 3rd Anniversary’s One-Day Mega Flash sale, happening on 19 August 2023. Use the code <LOTTE3BD> for 12% off*, with no minimum spend requirement (discount capped at S$100).

In the meantime, elevate your drinking rituals with our exclusive 2-tier gifts-with-purchase offer.

Spend a minimum of S$180 on Lotte Duty Free products to receive a free Cocktail Shaker, adding style and flair to your favourite libations. Take it to the next level by spending S$880 or more on Lotte Duty Free products online, and receive a complimentary Aerator for stylish pouring and good vibes.

Don’t miss this opportunity to elevate your drinking experience with these exclusive gifts, available while stocks last.

*Only applicable on selected products retailed by Lotte Duty Free. T&Cs apply.

Party it Up with Lotte and Let Luck Be on Your Side

Unlock a world of extraordinary opportunities alongside the birthday bash galore with Changi. By spending S$50 or more on iShopChangi using Changi Pay, you not only treat yourself to fantastic products but also quadruple your chances of becoming a Changi Millionaire, with the chance to win S$1 million or even a Porsche Macan!

But that’s not all. As a new iShopChangi user, your journey begins with exclusive perks. Enter the code <ISCNEW20> at checkout when you spend a minimum of S$79 and slash an additional S$20 off your first purchase. Cart out with a minimum spend of S$50 using Changi Pay, and enjoy S$10 off.

Jet-setting across the globe? Enjoy the ultimate convenience and flexibility by shopping for your favourite spirits up to 30 days in advance and as close as 12 hours before your flight. Collect your order at the various Departure and Arrival Collection Centres. Alternatively, have it conveniently delivered to a local residential address for free with a minimum spend of S$59; an S$8 delivery fee applies for orders below S$59.

As a non-traveller, you can also shop with peace of mind at tax and duty-absorbed prices on iShopChangi. Enjoy free delivery to your Singapore residential address when you spend a minimum of S$59. Alternatively, choose to pick up selected products from the Jewel Collection Centre – no minimum spend is required.
Hashtag: #ishopchangi


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

About iShopChangi

iShopChangi was launched in 2013 as an extension of Changi Airport’s promise to deliver greater comfort and convenience to travellers in its suite of airport retail offerings. Passengers can browse and purchase tax- and duty-free products across all terminals between 30 days to 12 hours pre-flight on the e-store – and choose to collect their items at Collection Centres within departure, upon arrival or have them delivered free in Singapore. Providing easy access to over 30,000 products across 900 brands and exclusives such as Changi First product launches, the site has since received global recognition with its award for Best Website – Retail Customer Facing at The Moodies: the Airport and Travel Retail Digital Media Awards 2018. In early 2020, the e-commerce store started to retail a selection tax- and duty-absorbed products to Singapore-based residents without the need to fly.

Lao Kip Listed as One of Most Undervalued Currencies in World

Laos Listed as One of Most Undervalued Currencies Worldwide
FILE: a pile of the Lao kip banknotes (photo: viet36)

Business News Asia, an international website that provides business and financial news, analysis, and opinion on companies, industries, and economies in Asia, deemed the Lao kip (LAK) as one of the most undervalued currencies globally.

Lao Authorities Help 45 Vietnamese Nationals Stranded During Landslides

Vehicles, including trucks and cars, were berried underground after landslides in Bolikhamxay on Saturday. (Photo: KLP).

Lao authorities rescued 45 Vietnamese citizens who were trapped on a stretch of road following flooding and landslides in Bolikhamxay Province on Saturday.

Populist Party and Member of Outgoing Administration Will Try to Form Thailand’s Next Government

Populist Party and Member of Outgoing Administration Will Try to Form Thailand’s Next Government
Leader of Bhurnjaithai Party Anutin Charnvirakhul, left and Leader of Pheu Thai party Chonlanan Srikaew smile during a press conference announcing coalition party at Thai Party headquarters in Bangkok, Thailand. (Photo: AP)

BANGKOK (AP) — Thailand’s populist Pheu Thai party announced Monday that it will form a coalition with a party from the outgoing military-backed administration to try to end nearly three months of political deadlock after the progressive party that won national elections was excluded from the formation of a new government.