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Schneider Electric achieves its highest-ever score in 2023 Bloomberg Gender-Equality Index

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Laotian Times
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  • Above-average overall score for ongoing efforts on workplace diversity, equity, inclusion, and care
  • Schneider’s highest-ever score awarded on Bloomberg’s 2023 GEI

HONG KONG SAR – Media OutReach – 7 February 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been recognized in the Bloomberg Gender-Equality Index (GEI) for the sixth consecutive year. This recognition highlights Schneider’s ongoing efforts to increase gender equity across the company and build an inclusive and caring work environment.

The 2023 Bloomberg GEI lists 484 companies across 54 industries headquartered in 45 countries and regions and measures their performance according to five key pillars: Leadership & talent pipeline, Equal pay & gender pay parity, Inclusive culture, Anti-sexual harassment policies, and External brand.

Schneider Electric achieved an overall score of 81%, up from 77% the previous year and well above the index average of 73%.

The company has also maintained its consistently strong performance for Equal pay & gender pay parity (88%), in recognition of its actions to reduce the pay gap to less than 1% for both women and men by 2025.

Schneider achieved scores well above average compared to its GEI peers for External brand (81%) and Inclusive culture (80%). The company’s above-average score for Leadership & talent pipeline (55%) reflects progress toward its goal of improving gender representation through increased hiring, promotion and retention of women.

As of December 2022, women represent 41% of Schneider’s executive committee and the company is committed to achieving 50:40:30 gender balance (i.e., women representing 50% of all new hires, 40% of all frontline managers, and 30% of senior leadership) by 2025.

Schneider Electric has also been named as one of Fortune’s 2023 World’s Most Admired Companies for the sixth consecutive year, ranking third in the electronics industry and is a testament to the company’s ongoing commitments to fostering an inclusive and equitable workplace while reducing its environmental impact and providing sustainable solutions for its customers.

Schneider Electric has been frequently recognized for its commitment to diversity, equity and inclusion and as a great employer in France, Canada and the U.S.

For more about inclusion and diversity at Schneider Electric, visit se.com/hk/en/about-us/diversity-and-inclusion/

Hashtag: #SchneiderElectric #ESG #ImpactCompany #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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Counto Earns ASR+ Tier 3 Status, Redefining Accounting & Tax Services with AI Software

By
Laotian Times
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SINGAPORE – Media OutReach – 7 February 2023 – Counto, a Singapore-based finance back-office service platform, has achieved Tier 3 accreditation on IRAS’ Accounting Software Register Plus (ASR+) listing.

The integrated software offers a wide range of features, such as the ability to submit Corporate Income Tax Returns (Form C-S) and GST Returns (F5, F8). One of the core benefits of Counto’s Tier 3 status is the company’s ability to provide seamless tax filing services to IRAS. This gives businesses an option to outsource their tax filings to an integrated financial solution with ease and at a lower cost compared to traditional offerings.

Designed to be a one-stop finance solution providing accounting services for small businesses, Counto is one of the few accounting providers in Singapore that is invested in machine learning and artificial intelligence (AI) for accounting, bookkeeping, and tax services. It uses AI technology to automate certain accounting tasks, such as gathering and analysing data from clients’ businesses and allowing its accountants to focus on higher-value activities, thus saving time and resources.

Counto’s AI-powered platform has been designed to assist accountants with daily routines such as data entry, report creation, and bookkeeping tasks. It also enables clients to upload relevant invoices and data from their businesses to Counto’s platform. The system will immediately analyse the data, categorise them into folders, auto-create payment drafts to suppliers, and more.

Clients of Counto are also able to sync their bank accounts and link other platforms to the system without worrying about reporting inaccuracies or gaps. As a fintech startup, Counto uses a technology-first approach to offer accounting and bookkeeping services, corporate secretarial services, as well as business registration services — all of which aim to help companies maximise their output and focus on growing their business.

Counto is also exploring advanced technologies to provide clients with more accurate and speedy results. By embracing AI, Counto aims to further enhance the precision and efficiency of its corporate tax filing services. Future goals include expanding in Asia and the United Kingdom.

For more information on Counto, please visit https://mycounto.com/.
Hashtag: #Counto #Business #Technology #Finance

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

Laos Sees an Increase in Electric Vehicle Imports Across the Country

By
Laotian Times
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An electric vehicle. ( Photo: Freepix).

The country reported an increase in the importation of electric vehicles last year, following multiple hikes in fuel prices.

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Armed Man Shot Dead by Police After Bank Robbery in Luang Prabang

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Laotian Times
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An armed man broke into a phone store in Nan District, Luang Prabang Province.

An armed man who attempted to rob a bank in Luang Prabang and escaped to Xayaboury province was shot dead by the local police in an attempt to nab him.

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Toddler Rescued from 15-Meter-Deep Well in Thailand

By
Phontham Visapra
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One Year Old Girl Rescued from 15 Meters Deep Well in Thailand
Emergency service team successfully rescued the girl from the deep well (photo: Fire & Rescue Thailand)

Thai emergency service team has successfully saved a one-year-old girl who fell into a 15-meter-deep well in Northern Thailand’s Tak province last night.

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Netflix spatial audio powered by Sennheiser

By
Laotian Times
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Streaming giant chooses AMBEO 2-Channel Spatial Audio for its enhanced Premium plan

WEDEMARK, GERMANY – Media OutReach – 7 February 2023 – Netflix has announced a series of brand-new features for members on its Premium plan, including Netflix spatial audio. Starting from February 1st, members on Netflix’s Premium plan using a stereo system will experience immersive cinematic audio on more than 700 top titles – all on their existing hardware. Netflix spatial audio is powered by Sennheiser’s AMBEO 2-Channel Spatial Audio technology.

Collage courtesy of Netflix
Collage courtesy of Netflix

Developed in partnership with Netflix, this Sennheiser technology delivers an unrivalled immersive experience over stereo speakers while fully respecting the creative intent of the original surround or immersive mix. Netflix members do not need any additional hardware to experience this new benefit.

Renato Pellegrini, Manager Pro Labs, AMBEO Immersive Audio: “We are very pleased that Netflix has expanded its partnership with Sennheiser and has chosen to roll out our game-changing AMBEO 2-Channel Spatial Audio experience to more of its catalog.”

New Surround to 2-Channel Rendering

In addition to content mixed for Dolby Atmos®, Netflix’s spatial audio catalog will also include non-Atmos® surround content. “As a brand-new feature, the AMBEO 2-Channel Spatial Audio renderer is now also able to process surround mixes, unlocking huge catalogs of content available in these formats,” shares Pellegrini. “For members on Netflix’s Premium plan, this means they will be able to enjoy more of their favorite content immersively, however they watch.”

Respectful Rendering

As a company that counts many mix and (re-)recording engineers among its customers, Sennheiser takes audio quality and mixer intent seriously. AMBEO 2-Channel Spatial Audio rendering was created hand-in-hand with mixers and provides them with granular control of the amount of spatialization.

A preview tool allows mixers to compare standard stereo to AMBEO and adjust rendering settings by individual stems or groups. Specific stems, such as dialog, can be completely excluded from spatialization and music mixes can be kept on their left and right channels while immersive rendering is applied to any other stems. The renderer seeks to translate mixer intent while giving an impressive immersive audio experience previously inaccessible on two speakers.

Hear the difference at https://youtu.be/0RMh2LnJeGY
Hear the difference at https://youtu.be/0RMh2LnJeGY

Experience It Today

Members on Netflix’s Premium plan can experience AMBEO 2-Channel Spatial Audio on hundreds of Netflix’s most popular titles, including Stranger Things, The Watcher, Wednesday, and Knives Out: Glass Onion. Netflix will add forthcoming titles, such as You, Your Place or Mine, and Luther: The Fallen Sun.

For an up-to-date list of content available in spatial audio, Netflix members can simply enter “Spatial Audio” in the Netflix search field or look for the new Netflix spatial audio badge.

To learn more about AMBEO 2-Channel Spatial Audio, please visit www.sennheiser.com/ambeo-spatial-audio

Dolby Atmos is a trademark of Dolby Laboratories Licensing Corporation.
Hashtag: #Sennheiser #Netflix #AMBEO #immersive #audio

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

About the Sennheiser Group

Building the future of audio and creating unique sound experiences for our customers – this is the aspiration that unites the employees of the Sennheiser Group worldwide. The independent family-owned company Sennheiser was founded in 1945. Today, it is managed in the third generation by Dr. Andreas Sennheiser and Daniel Sennheiser, and is one of the leading manufacturers in the field of professional audio technology. Within the Sennheiser Group are Georg Neumann GmbH (Berlin, Germany), manufacturer of studio-grade audio equipment; Dear Reality GmbH (Düsseldorf, Germany), known for its binaural, Ambisonics, and multichannel encoders with realistic room virtualization; and Merging Technologies SA (Puidoux, Switzerland), specialist in high-resolution digital audio recording systems.

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Samsung Provides Study Materials for Schools in Laos

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Advertorial Desk
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Samsung Electronics Company donated computers for schools in Houaphanh province and other provinces at the Ministry of Foreign Affairs office on Friday last week.

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ASEAN Tourism Forum 2023 Discuss Strategic Steps for Economic Revival

By
Phontham Visapra
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Ministry Of Tourism, Creative Economy/Tourism, Creative Economy Agency
Consensus-based handholding between ASEAN officials

ASEAN foreign ministers met on Saturday in Yogyakarta, Indonesia to discuss collaborative ways to carry out the 2016-2025 ASEAN Tourism Strategic Plan (ATSP).

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