News13Now
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Public Notice: Jones County Public Schools

    Public Notice: Jones County Public Schools

    Biosolutions: A clear path to fighting climate change

    Biosolutions: A clear path to fighting climate change

    Charter schools show education and politics can work in NM

    Charter schools show education and politics can work in NM

    Man shot and killed Sunday morning on New York City subway train

    Man shot and killed Sunday morning on New York City subway train

    Ukraine comes to Davos in first spring gathering of business leaders

    Ukraine comes to Davos in first spring gathering of business leaders

    A University of Utah expert is studying the world’s oldest movable-type book

    A University of Utah expert is studying the world’s oldest movable-type book

    10 Times Science Made Lots Of Sense In The Series

    10 Times Science Made Lots Of Sense In The Series

    Trending Tags

    • Lifestyle
      • All
      • Food
      • Health
      Why this CMO revealed his mental health struggles to his team

      Why this CMO revealed his mental health struggles to his team

      LC FB CH | Cooking with Carson: Pickling onions is so easy, even a husky could do it – The Daily Evergreen

      LC FB CH | Cooking with Carson: Pickling onions is so easy, even a husky could do it – The Daily Evergreen

      Palestinian teen killed in Israeli army raid in Jenin, Health Ministry says – Haaretz

      Palestinian teen killed in Israeli army raid in Jenin, Health Ministry says – Haaretz

      People urged to cook frozen fruit and vegetables because of Listeria findings

      People urged to cook frozen fruit and vegetables because of Listeria findings

      College of Education and Health Professions Honors Outstanding Alumni Award Winners

      College of Education and Health Professions Honors Outstanding Alumni Award Winners

      Japan Art & Culture Workshop Luncheon: Washoku Cooking Demonstration – GlobalAtlanta

      Japan Art & Culture Workshop Luncheon: Washoku Cooking Demonstration – GlobalAtlanta

      College of Education and Health Professions Celebrates Outstanding Faculty Award Winners

      College of Education and Health Professions Celebrates Outstanding Faculty Award Winners

      Trending Tags

      • Entertainment
        • All
        • Sports
        Noah Thompson named the newest 'American Idol' | Features/Entertainment – Huntington Herald Dispatch

        Noah Thompson named the newest 'American Idol' | Features/Entertainment – Huntington Herald Dispatch

        Two Roster Weaknesses Denver Broncos can Bolster with Remaining Cap Space

        Two Roster Weaknesses Denver Broncos can Bolster with Remaining Cap Space

        Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

        Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

        Black composers’ music back in the limelight

        Black composers’ music back in the limelight

        Adley Rutschman’s Teammates React to No. 1 Prospect Being Called Up

        Adley Rutschman’s Teammates React to No. 1 Prospect Being Called Up

        Lupita Nyong’o drops out of The Lady In The Lake | Entertainment

        Lupita Nyong’o drops out of The Lady In The Lake | Entertainment

        Stephen Curry’s Dagger Seals Warriors’ Game 2 Win Over Mavs

        Stephen Curry’s Dagger Seals Warriors’ Game 2 Win Over Mavs

        Trending Tags

        • Tech
          Blockchain Distributed Ledger Technology (DLT) Market 2022 Segments Analysis by Top Key Players :Chain Inc., IBM, Accenture, Monax Industries, Intel, Deloitte, Earthport, Microsoft Azure, Digital Asset Holdings

          Blockchain Distributed Ledger Technology (DLT) Market 2022 Segments Analysis by Top Key Players :Chain Inc., IBM, Accenture, Monax Industries, Intel, Deloitte, Earthport, Microsoft Azure, Digital Asset Holdings

          Top military officers says technology will transform war

          Top military officers says technology will transform war

          How to avoid consumer pain points around wearable medical technology

          How to avoid consumer pain points around wearable medical technology

          Technology Investment and Authentic Thought Leadership are Requirements for Modern Associations

          Technology Investment and Authentic Thought Leadership are Requirements for Modern Associations

          Watch: Future battery technology – a journey into the unknown for the supply chain | Video

          Watch: Future battery technology – a journey into the unknown for the supply chain | Video

          New technology may pave the way for development of point-of-care devices and diagnostic tests

          New technology may pave the way for development of point-of-care devices and diagnostic tests

          Mitsubishi Electric Develops Technology for the Freeform Printing of Satellite Antennas in Outer Space

          Mitsubishi Electric Develops Technology for the Freeform Printing of Satellite Antennas in Outer Space

          Trending Tags

          Monday, May 23, 2022
          No Result
          View All Result
          • Home
          • News
            • All
            • Business
            • Politics
            • Science
            • World
            Public Notice: Jones County Public Schools

            Public Notice: Jones County Public Schools

            Biosolutions: A clear path to fighting climate change

            Biosolutions: A clear path to fighting climate change

            Charter schools show education and politics can work in NM

            Charter schools show education and politics can work in NM

            Man shot and killed Sunday morning on New York City subway train

            Man shot and killed Sunday morning on New York City subway train

            Ukraine comes to Davos in first spring gathering of business leaders

            Ukraine comes to Davos in first spring gathering of business leaders

            A University of Utah expert is studying the world’s oldest movable-type book

            A University of Utah expert is studying the world’s oldest movable-type book

            10 Times Science Made Lots Of Sense In The Series

            10 Times Science Made Lots Of Sense In The Series

            Trending Tags

            • Lifestyle
              • All
              • Food
              • Health
              Why this CMO revealed his mental health struggles to his team

              Why this CMO revealed his mental health struggles to his team

              LC FB CH | Cooking with Carson: Pickling onions is so easy, even a husky could do it – The Daily Evergreen

              LC FB CH | Cooking with Carson: Pickling onions is so easy, even a husky could do it – The Daily Evergreen

              Palestinian teen killed in Israeli army raid in Jenin, Health Ministry says – Haaretz

              Palestinian teen killed in Israeli army raid in Jenin, Health Ministry says – Haaretz

              People urged to cook frozen fruit and vegetables because of Listeria findings

              People urged to cook frozen fruit and vegetables because of Listeria findings

              College of Education and Health Professions Honors Outstanding Alumni Award Winners

              College of Education and Health Professions Honors Outstanding Alumni Award Winners

              Japan Art & Culture Workshop Luncheon: Washoku Cooking Demonstration – GlobalAtlanta

              Japan Art & Culture Workshop Luncheon: Washoku Cooking Demonstration – GlobalAtlanta

              College of Education and Health Professions Celebrates Outstanding Faculty Award Winners

              College of Education and Health Professions Celebrates Outstanding Faculty Award Winners

              Trending Tags

              • Entertainment
                • All
                • Sports
                Noah Thompson named the newest 'American Idol' | Features/Entertainment – Huntington Herald Dispatch

                Noah Thompson named the newest 'American Idol' | Features/Entertainment – Huntington Herald Dispatch

                Two Roster Weaknesses Denver Broncos can Bolster with Remaining Cap Space

                Two Roster Weaknesses Denver Broncos can Bolster with Remaining Cap Space

                Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

                Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

                Black composers’ music back in the limelight

                Black composers’ music back in the limelight

                Adley Rutschman’s Teammates React to No. 1 Prospect Being Called Up

                Adley Rutschman’s Teammates React to No. 1 Prospect Being Called Up

                Lupita Nyong’o drops out of The Lady In The Lake | Entertainment

                Lupita Nyong’o drops out of The Lady In The Lake | Entertainment

                Stephen Curry’s Dagger Seals Warriors’ Game 2 Win Over Mavs

                Stephen Curry’s Dagger Seals Warriors’ Game 2 Win Over Mavs

                Trending Tags

                • Tech
                  Blockchain Distributed Ledger Technology (DLT) Market 2022 Segments Analysis by Top Key Players :Chain Inc., IBM, Accenture, Monax Industries, Intel, Deloitte, Earthport, Microsoft Azure, Digital Asset Holdings

                  Blockchain Distributed Ledger Technology (DLT) Market 2022 Segments Analysis by Top Key Players :Chain Inc., IBM, Accenture, Monax Industries, Intel, Deloitte, Earthport, Microsoft Azure, Digital Asset Holdings

                  Top military officers says technology will transform war

                  Top military officers says technology will transform war

                  How to avoid consumer pain points around wearable medical technology

                  How to avoid consumer pain points around wearable medical technology

                  Technology Investment and Authentic Thought Leadership are Requirements for Modern Associations

                  Technology Investment and Authentic Thought Leadership are Requirements for Modern Associations

                  Watch: Future battery technology – a journey into the unknown for the supply chain | Video

                  Watch: Future battery technology – a journey into the unknown for the supply chain | Video

                  New technology may pave the way for development of point-of-care devices and diagnostic tests

                  New technology may pave the way for development of point-of-care devices and diagnostic tests

                  Mitsubishi Electric Develops Technology for the Freeform Printing of Satellite Antennas in Outer Space

                  Mitsubishi Electric Develops Technology for the Freeform Printing of Satellite Antennas in Outer Space

                  Trending Tags

                  No Result
                  View All Result
                  News13Now
                  No Result
                  View All Result
                  Home Tech

                  OneConnect Financial Technology and Singapore Exchange collaborate to address the region’s ESG reporting needs

                  by Editor
                  February 24, 2021
                  in Tech
                  0
                  Asetek Liquid Cooling Technology is at the Heart of SAPPHIRE’s New TOXIC AMD RADEON™ RX 6900 XT Limited Edition Graphics Card with Hybrid GPU Cooler
                  494
                  SHARES
                  1.4k
                  VIEWS
                  Share on FacebookShare on Twitter


                  • MOU signifies milestone in the development of ESG platform to support SGX-listed companies in their reporting needs
                  • Collaboration sets OneConnect in pole position in APAC for using technologies in enhancing reporting and applying ESG information

                  SINGAPORE, Feb. 24, 2021 /PRNewswire/ — OneConnect Financial Technology Co., Ltd. (OneConnect) the leading technology-as-a-service platform provider and an associate of Ping An Insurance (Group) Company of China, Ltd. (“Ping An“), today said it had entered a Memorandum of Understanding (MOU) with Singapore Exchange (SGX) to collaborate and build an environmental, social and governance (ESG) platform to facilitate and simplify the ESG disclosure processes of companies listed on SGX.

                  This collaboration is part of efforts to develop and promote a sustainable ecosystem by raising the quality of ESG disclosures and promoting the application and integration of ESG factors across capital market stakeholders in the long term. The collaboration places OneConnect as the ESG trailblazer of the Asia Pacific region, deploying a suite of tech solutions that establishes a framework and streamlines ESG reporting through specified standard indicators and templates.

                  The platform will help companies listed on SGX to efficiently manage and make their sustainability disclosures for possible benchmarking more transparent. This may help to improve the standard of overall ESG performance in the long run. The platform will also help overcome common challenges faced by companies and investors when dealing with ESG information. These challenges include lack of comparability, changing investors’ demand, as well as the evolving business landscape and regulations.

                  Features of the platform will include workflow management systems, report and visualisation modules and an ESG disclosure framework mapping to meet listed companies’ ESG reporting and data processing needs. The partnership will bring together relevant resources such as ESG datasets and domain expertise while adding new functionalities progressively to better serve companies, investors, research analysts and relevant stakeholders.

                  As an associate and the preferred tech partner of Ping An, OneConnect has teamed up with Ping An to deliver ESG solutions for companies outside of China. Ping An itself is the first company in China to participate in the United Nation’s Principles for Sustainable Insurance framework, and the first insurer in China to be included in the Dow Jones Sustainability Indexes. Ping An has leveraged its “finance + technology” expertise to develop the Ping An AI-ESG Platform to track, measure and monitor its internal ESG performance. Using artificial intelligence, natural language processing technologies and other ESG tools including greenwashing detection and climate value-at-risk asset-repricing models, the Ping An AI-ESG Platform captures and computes the five-year ESG scores of all Chinese A-share companies for its benchmarking and investment-decision making.  

                  Ms Jessica Tan, Co-CEO of Ping An Group, said, “As a champion of ESG, Ping An believes in ‘tech for social good’ where technologies can aptly enable every company to become a responsible corporate citizen. With the development of Ping An’s own artificial intelligence-driven ESG framework in China – we see the synergy in sharing and integrating our expertise in ESG into a platform that can be adopted by other companies, thereby bolstering the ESG culture across Asia Pacific.”

                  Ms Tan Bin Ru, CEO (SEA), OneConnect Financial Technology, shared, “With ESG taking centre-stage in the global scene, companies are increasingly subject to a set of non-financial reporting of ESG factors to meet investors’ demands and regulatory requirements. This is an opportune time and an esteemed privilege for OneConnect to join hands to develop the ESG platform with SGX. This is a remarkable moment for us to be able to tap on our expertise and work alongside SGX in creating and implementing a robust platform for SGX-listed companies to better their journey on ESG reporting and strengthen their sustainability risk management.”

                  Mr Michael Syn, Senior Managing Director and Head of Equities, SGX, said, “Investors globally are placing increasing importance on sustainability considerations, leading to significant growth in capital allocated to ESG strategies. As a result, both investors and issuers desire ESG data to be more transparent, standardised and accessible. The data and workflow platform will help SGX-listed companies report with more effective alignment to major disclosure standards. The focus is on a core set of indicators that are quantitative in nature and normalised for comparability. This complements issuers’ materiality-based reporting that are highly specific to each listed company’s business context. For investors, the benefit is more seamless integration of this core set of indicators into their investment strategies and capital allocation across portfolios, lowering the information friction they currently face.”

                  SGX, as a front-line market regulator, has played an integral part in driving disclosures through rulemaking and capacity building. Mandatory sustainability reporting was implemented in Singapore since 2016. This has been an area of constant progress as international standards continue to be refined. SGX has also been making a bigger push in sustainability with a S$20-million multi-pronged plan to expand its ESG-focused products, services and platforms, as well as to build capacity for the financial ecosystem, strengthen internal capabilities and increase CSR commitments.

                  About OneConnect Financial Technology

                  OneConnect (NYSE: OCFT) is a leading technology-as-a-service platform for financial institutions. The Company’s platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. The Company’s solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable the Company’s customers’ digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs.

                  Our technology-as-a-service platform strategically covers multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses – from sales and marketing and risk management to customer services, as well as technology infrastructure such as data management, program development, and cloud services.

                  About Ping An Group

                  Ping An Insurance (Group) Company of China, Ltd. (“Ping An“) is a world-leading technology-powered retail financial services group. With over 218 million retail customers and 598 million Internet users, Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity, “pan financial assets” and “pan health care”, covering the provision of financial and health care services through our integrated financial services platform and our ecosystems; in financial services, health care, auto services and smart city services. Our “finance + technology” and “finance + ecosystem” transformation strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China’s first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. In 2020, Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list.

                  For more information, please visit www.group.pingan.com, and follow us on LinkedIn – PING AN

                  About Singapore Exchange

                  Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. It also operates Asia’s only multi-partner, multi-asset exchange-led sustainability platform (sgx.com/first).  

                  As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore. SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.

                  SOURCE OneConnect



                  Source link

                  Tags: addressCollaborateESGExchangeFinancialOneConnectRegionsreportingSingaporetechnology
                  Share198Tweet124Share49
                  Editor

                  Editor

                  Biden’s Electric-Car Ambitions Face Real-World Roadblocks – The Wall Street Journal

                  Biden’s Electric-Car Ambitions Face Real-World Roadblocks – The Wall Street Journal

                  August 8, 2021
                  Embroidery Business in Burbank is Hand-Making the Rams Jerseys – NBC Los Angeles

                  Embroidery Business in Burbank is Hand-Making the Rams Jerseys – NBC Los Angeles

                  February 5, 2022
                  Arizona police officer dead and another injured after being struck by suspect in stolen vehicle

                  Arizona police officer dead and another injured after being struck by suspect in stolen vehicle

                  May 1, 2021
                  McCarthy puts political hopes above democracy with Trump pilgrimage

                  McCarthy puts political hopes above democracy with Trump pilgrimage

                  July 16, 2021
                  wireless power transfer technology could charge electric vehicles on the go

                  wireless power transfer technology could charge electric vehicles on the go

                  February 28, 2022
                  Columbus physicians on attending concerts, festivals

                  Columbus physicians on attending concerts, festivals

                  September 17, 2021
                  Global Leadership Summit shows Parkview Health ‘Daily Dose’ to the nation

                  Global Leadership Summit shows Parkview Health ‘Daily Dose’ to the nation

                  August 7, 2021

                  Putin ended Russia’s business ties to the West almost overnight

                  March 4, 2022

                  The TV characters we love to hate [Unscripted column] | Entertainment

                  January 16, 2022

                  Saturday’s live updates from the NCAA Tournament

                  March 19, 2022

                  5 Jobs You can Get With a Data Science Certificate

                  March 9, 2022

                  Turner Sports and CBS Sports Announce Tip Times and Matchups for Second Round Games on Sunday, March 21

                  March 20, 2021

                  Biden signs order to address ‘crisis of violence’ against Native Americans at White House summit

                  November 15, 2021

                  KBR Awarded Ethylene Technology Contract by Hyundai Engineering and Técnicas Reunidas for PKN ORLEN Olefins Complex

                  August 9, 2021

                  Statement by President Joe Biden on House Passage of the National Science Foundation for the Future Act and the Department of Energy Science for the Future Act

                  June 29, 2021

                  Novak Djokovic has visa revoked a second time in Australia, expected to appeal

                  January 14, 2022
                  News13Now

                  News 13 Now!

                  Categories

                  • Business
                  • Entertainment
                  • Food
                  • Health
                  • News
                  • Politics
                  • Science
                  • Sports
                  • Tech
                  • World

                  Recent News

                  Public Notice: Jones County Public Schools

                  Public Notice: Jones County Public Schools

                  May 23, 2022
                  Biosolutions: A clear path to fighting climate change

                  Biosolutions: A clear path to fighting climate change

                  May 23, 2022

                  Copyright © 2022 The Blakeslee Group, Inc.

                  No Result
                  View All Result
                  • Home
                  • Entertainment
                    • Gaming
                    • Movie
                    • Music
                    • Sports
                  • Lifestyle
                    • Fashion
                    • Food
                    • Travel
                    • Health
                  • News
                    • Business
                    • Politics
                    • Science
                    • World
                  • Tech
                    • Apps
                    • Gadget
                    • Mobile

                  Copyright © 2022 The Blakeslee Group, Inc.