The USD 447.8 million loan, the largest ever renewable energy USD loan by BNDES, will help Atlas Renewable Energy build the Vista Alegre Solar Plant.

SAO PAULO, Nov. 29, 2023 /PRNewswire/ — Atlas Renewable Energy, international developer and one of the largest and fastest-growing independent power producers (IPP) in Latin America, secured a USD447.8 million (equivalent to R$2,18 billion) loan from the Brazilian development bank (BNDES), the bank’s largest renewable energy US Dollar loan to date, to build the Vista Alegre Solar Plant. With an installed capacity of 902 MWp, equivalent to 768 MWac, the plant will produce an average of 200 MW or 2TWh annually, preventing 2.4 million tons of CO2 during its 20-year operation – equivalent to producing enough power to supply over 3 million people. https://www.atlasrenewableenergy.com/en/atlas-renewable-energy-secures-bndes-first-us-dollar-loan-for-a-renewable-energy-project-in-brazil-2/

Atlas Renewable Energy Solar Plant

Vista Alegre, the largest solar project to be built in a single phase in Brazil, will supply electricity to Albras for 21 years through a power purchase agreement (PPA). The financing marks the second collaboration between the BNDES and Atlas, following the successful financing of the Boa Sorte Solar Power Plant (438 MWp), another joint venture with Albras, which will also supply clean energy for aluminum production. Vista Alegre allows Atlas to continue positioning itself as a leader in US dollar PPAs for large energy consumers in Brazil. Construction began in 2023 and the project is set to start supplying clean energy to Albras by 2025.

"We are incredibly proud of this project that becomes an instant symbol in Brazil and Latin America of the significant progress that can be made in advancing the energy transition with the help of local financing partners. We would like to thank BNDES for their support and trust in offering Atlas Renewable Energy the largest-ever US Dollar loan they have ever granted for a renewable energy project. We are equally proud that Vista Alegre will incorporate the best ESG practices of the industry, incorporating powerful social programs that advocate for, support and empower the local community," said Carlos Barrera, CEO of Atlas Renewable Energy.

The solar project, which will generate more than 2,500 jobs during its construction phase, will continue to promote best-in-class ESG practices through strong project execution to provide long-term benefits to the surrounding communities during the construction and operation phases. Atlas will implement its flagship social program, ‘We are all part of the same energy,’ to promote diversity and inclusion in the construction of its renewable energy projects by upskilling local women to increase their participation to at least 15%. Atlas will also implement its award-winning Ed-Mundo program, which aims to train young students in programming, IT, robotics and entrepreneurship in underprivileged communities. The program enables students to become protagonists of social transformation by generating work opportunities and other sources of income for their communities.

About Atlas Renewable Energy

Atlas Renewable Energy is an international renewable energy generation company with over 4 GW of contracted projects, of which 2.2 GW are operational. Atlas has specialized in developing, financing, constructing, and operating renewable energy projects since early 2017. The company has an experienced team with a deep global power market and renewable energy expertise, with the longest track record in the renewable energy industry in Ibero-America.

The company’s strategy is focused on helping large corporates make the energy transition to 100% clean energy. Atlas Renewable Energy is widely recognized for its high standards in developing, constructing, and operating large-scale projects, as well as its deep and long-standing track record in ESG and sustainable development.

For more details, please visit: https://www.atlasrenewableenergy.com

Source : ATLAS RENEWABLE ENERGY RECEIVES THE LARGEST EVER RENEWABLE ENERGY USD LOAN FROM BNDES FOR LATIN AMERICA'S LARGEST SOLAR PPA

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SEOUL, South Korea, Nov. 30, 2023 /PRNewswire/ — TRAVUT, a digital travel platform that eliminates language, transportation, and booking inconveniences for international travelers to Korea, has opened its digital service 2.0 based on its smart TSI (Travel Service Inventory).

Since 2022, TRAVUT has been delivering travel services to foreigners visiting Korea. Leveraging the feedback gathered over the past year, they have now developed the innovative TSI 2.0. This platform revolutionizes travel, transforming it from a product into a service. It offers a unique feature where travelers can freely customize only the services they require, creating a more personalized and efficient travel experience.

Choi Bo-Kyung, the CEO of TRAVUT, highlighted the dynamic nature of Korea’s digital services and the increasing difficulties encountered by foreign visitors. In response to these complexities, TRAVUT harnessed digital technology to create a unified platform that resolves the hurdles associated with traveling in Korea. Their intelligent TSI system is designed to offer tailor-made experiences for international tourists, simplifying their journey and enabling a broader exploration of Korea. The company’s mission is to leverage digital progress to enrich the entire travel experience for tourists.

TRAVUT’s smart TSI is an intelligent integrated service system, offering on-demand services including guides, interpretation, vehicle and chauffeur, reservations, and customized travel itineraries. It has been utilized by numerous individuals, including guests from luxury hotels, and has demonstrated a high level of satisfaction, with strong indications of potential repeat usage and recommendations.

Starting in late November 2023, TRAVUT’s travel platform initially launched its services via its website, with plans to extend into mobile apps and APIs by January 2024. The smart TSI platform not only operates through its own digital channels but also supports a wider range of foreign tourists in Korea through API-based business expansions with various partners, such as accommodation providers and local travel agencies.

In 2023, TRAVUT was selected for Google’s start-up growth support program and was also recognized in the TOP 100 Asian startups, establishing a foundation for its expansion into the global market. In 2024, TRAVUT plans to revolutionize the domestic inbound travel market based on its smart TSI platform, ensuring the scalability of its business model and platform.

For those planning a trip to Korea and seeking to experience a unique, personalized travel service, visit www.travut.com or reach out to [email protected] and make your journey in Korea memorable.

Source : Planning a trip to South Korea? TRAVUT is the digital travel platform for you.

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NEW YORK and TORONTO, Nov. 30, 2023 /PRNewswire/ — Shy Datika, Chief Executive Officer of The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX" or the "Company"), announces that he has acquired, indirectly through Triple-V (1999) Ltd., ownership of 12,500 common shares of the Company (the "Common Shares") at a price of CAD$0.185 per Common Share on November 16, 2023 (the "Acquisition") through facilities of CBOE Canada.

Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.

On January 11, 2022, the Company announced that Mr. Datika beneficially held 40,540,013 Common Shares, representing approximately 19.98% of the issued and outstanding Common Shares. Owing to certain issuer actions undertaken by the Company, Mr. Datika’s percentage holdings in the Company have decreased by 2.53% since that time. Immediately prior to the Acquisition, Mr. Datika held beneficial ownership of 40,554,679 Common Shares, representing approximately 17.44% of the issued and outstanding Common Shares.

Mr. Datika acquired the Common Shares for investment purposes and expects to monitor the business, prospects, financial condition, and potential capital requirements of the Company, and depending on the evaluation of these and other factors, Mr. Datika may, from time to time in the future increase or decrease his direct or indirect ownership, control or direction over Common Shares or other securities of the Company through market transactions, private agreements, subscriptions from treasury or otherwise.

For further information or to receive a copy of the early warning report regarding the transactions described in this news release, contact:

Shy Datika, c/o
The INX Digital Company, Inc.
550 Burrard Street, Suite 2900
Vancouver, British Columbia
V6C 0A3
+1 855 657 2314

About INX:
INX provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional market expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach.

About The INX Digital Company, Inc.: INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group’s overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token, in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA.

In addition to operating two regulated trading platforms for blockchain assets, INX’s interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website here.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures
This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to, the continuous development of the INX trading platform, the completion of the transactions described herein, the offering of non-deliverable cryptocurrency forwards, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

Neo Exchange is not responsible for the adequacy or accuracy of this press release.‍
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.‍

For further information, contact:
The INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Contact: Alan Silbert
Email: [email protected] 

For more information, contact:
Liz Whelan
[email protected] 
(312) 315-0160

Source : Shy Datika, CEO of The INX Digital Company, Inc., Announces Further Share Acquisition

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The Platform Continues to Simplify Decentralized Application Development, Now Enhanced with Generative AI Capabilities

COLUMBIA, Md., Nov. 29, 2023 /PRNewswire/ — Following its successful launch, Joget Inc. is excited to announce significant developments and community engagement around its Hashgraph Application Studio, a no-code/low-code platform for decentralized applications (dApps) on Hedera. This innovative platform simplifies dApps development and has evolved rapidly, gaining widespread acclaim and fostering a growing community of developers and businesses.

The Hashgraph Application Studio, a collaboration between Hedera’s public distributed ledger and Joget’s no-code/low-code technology, has been pivotal in democratizing blockchain technology. By simplifying complex tasks such as Hedera Consensus Service (Topics), accounts creation, assets transfer, and tokens management, the platform has opened up new opportunities for business applications and dApps creators, emphasizing speed, security, and ease of use.

dApps Development Made Easy with Hashgraph Application Studio

Since its introduction, the Hashgraph Application Studio has become a linchpin for developers seeking to harness the power of Hedera‘s public distributed ledger with Joget’s intuitive no-code/low-code technology. The platform’s reception has been overwhelmingly positive, with an expanding user base leveraging its capabilities to innovate. Its implementation possibilities spread across various industries including financial services, supply chain and logistics, insurance, healthcare, government sectors, and more.

A recent highlight was the webinar and workshop series focusing on the Hashgraph Application Studio, with industry experts from The HBAR Foundation, Swirlds Labs, and The Hashgraph Association leading the sessions. These sessions, featuring live demonstrations have showcased the platform’s versatility, highlighting its application in diverse fields and illustrating how businesses can achieve digital transformation seamlessly. These webinars and workshops provided practical insights into how users can leverage the platform effectively to create impactful solutions tailored to specific industry needs.

"With The Hashgraph Application Studio, Joget is lowering the barrier to entry for aspiring Hedera developers worldwide. It’s gone even further by integrating AI features, making the decentralized application development process faster and more efficient," said Sabrina Tachdjian, Head of Fintech & Payments Fund at The HBAR Foundation.

"The Hashgraph Application Studio makes the development of Hedera leveraging applications fast and efficient. The integration of AI accelerates the Hedera Web3 application development process considerably. The Hashgraph Application Studio is well suited for the development of both PoCs and fully deployed market-ready applications," said Andrew Forson, Head of Growth at The Hashgraph Association.

In addition to fostering community growth, Joget has continued to innovate, most notably with the recent launch of Joget Generative AI features. This new feature allows users to focus on the more exciting aspects of dApp development by realizing more capabilities that interact with the Hedera network while being able to quickly generate an app skeleton by providing prompts and instructions with the Generative AI App Generator Plugin. This feature is designed to streamline the creation process, enabling users to develop comprehensive and interactive dApps faster than ever.

"At Joget, our mission remains to simplify the digital transformation journey for businesses of all sizes," said Raveesh Dewan, President and CEO of Joget Inc. "The evolution of the Hashgraph Application Studio, especially with the introduction of Generative AI, is a significant stride in our progress to democratize blockchain technology and foster innovation. We’re excited to see more innovative applications the community will create and ready to support them to create a strong and positive impact across industries."

As the platform continues to evolve, users can look forward to even more enhanced features and functionalities. This commitment to continuous improvement and community engagement positions the Hashgraph Application Studio as a leading platform in the decentralized applications (dApps) development space.

Joget invites businesses, developers, and blockchain enthusiasts to experience the enhanced capabilities of the Hashgraph Application Studio. To discover more about this evolving platform and start building your dApps, visit https://hashgraphappstudio.io/.

Media Enquiries: [email protected]

About the HBAR Foundation
The HBAR Foundation supports the creation of Web3 communities built on the Hedera network, by empowering and funding the builders developing these communities. The Foundation’s six funds – focused on the Crypto Economy, Metaverse, Sustainability, Fintech, Privacy, and Female Founders – each support communities within those areas, and the interconnectedness enables applications to participate as part of a larger ecosystem. The collective power of these funds enables entrepreneurs, developers, and enterprises of all sizes to tackle some of the world’s largest problems and create and control their own economies, all built on the Hedera public network. Whether you’re building something new or migrating an existing EVM-based application and community, the HBAR Foundation is here to support you. For additional information, please visit https://hbarfoundation.org/.

About Joget

Joget Inc. offers a next-generation open-source, no-code/low-code application development platform that simplifies digital innovation and governance, empowering everyone to create enterprise-grade applications with ease and speed.

Joget’s DNA is rooted in flexibility, seamlessly integrating with existing systems and incorporating the latest innovations in AI, blockchain, and IoT technologies. Joget supports an organization’s entire digital transformation journey, starting from simple citizen developer apps, and scaling up to sophisticated enterprise solutions built by fusion teams of business and IT.

Trusted by a diverse global range of customers, spanning startups to Fortune 500 and government, Joget is a trusted driver of digital transformation across multiple industries.

Visit www.joget.com Follow us on LinkedIn @Joget Inc, X @JogetWorkflow, or Facebook @jogetworkflow. Subscribe to our YouTube @jogetinc.

Source : Hashgraph Application Studio Marks New Era in dApps Development with Community Growth and AI Integration

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GUANGZHOU, China, Nov. 29, 2023 /PRNewswire/ — The 2023 "Understanding China" International Conference ("the Conference"), hosted by China Institute for Innovation & Development Strategy ("CIIDS"), is set to take place in Guangzhou from December 1 to 3. The conference, themed "China’s New Endeavors Amid Unprecedented Global Changes—Expanding the Convergence of Interests and Building a Community of Shared Future", will bring together renowned politicians, strategists, scholars, entrepreneurs, foreign diplomats in China, representatives of international organizations and multinational companies in China to engage in dialogue with Chinese government officials, scholars, and entrepreneurs.

The conference plans a series of activities to promote communication, including short video collections and exhibitions, keynote speeches, and telling Chinese stories in English, while also releasing a series of documentaries that depict the modern image of China.

The short video collection and exhibition, "China in the Eyes of the Young —Chinese and Foreign Short Videos Screening and Award Ceremony", aims at gathering superior resources from overseas and promoting the initiative and enthusiasm of global youth in focusing on and telling Chinese stories. The event invites young creative teams, major universities, and individuals to collect excellent short video works with global vision.

During the conference, CIIDS will partner with China Global Television Network (CGTN) to co-host a special event where distinguished guests with different backgrounds share their stories on how to understand China, each from their own perspective. They included Yves Leterme, former Belgian Prime Minister; Moon Chung-in, chairman of Sejong Institute in South Korea; Martin Jacques, renowned China expert; Mushahid Hussain Syed, chairman of the Defense Committee of the Pakistani Senate; Wang Jian, academician at the Chinese Academy of Engineering; and Vikram Channa, vice president of Content at Discovery Networks Asia-Pacific.

The Stories of China Retold in English Challenge is gearing up for another round. This event provides a platform for young people to promote Chinese culture through English recitation, creative speeches, dramatic monologues, or showcasing Chinese talents. Since 2020, the initiative has drawn over 300,000 young people from around the globe.

An Exchange On China, jointly launched by CIIDS and Discovery Channel, is a six-episode series designed to provide the international community with a better understanding of China in the new era.

Please visit http://ddzg.ciids.cn/trends/ and https://youtu.be/j8NkP3BXZdI?si=9rdX-MnHQ2J0JIO1 for more information.

Source : The 2023 Understanding China Conference Is Set to Kick Off in Guangzhou China

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BERLIN, Nov. 30, 2023 /PRNewswire/ — CoinEx , a prominent cryptocurrency exchange, is thrilled to announce its silver sponsorship for The Next Block Expo, showcasing its dedication to staying at the forefront of blockchain innovation. As a key participant, CoinEx will not only contribute as a sponsor but will also host a compelling 30-minute seminar and a 15-minute presentation on the main stage. The focal theme of their speech will revolve around "Discussing the opportunities in the next bull market," emphasizing the strategic points that make this upcoming market phase significant. This substantial presence at The Next Block Expo underscores CoinEx’s commitment to providing valuable insights and expertise to the blockchain community, as well as its proactive engagement in shaping the future landscape of the cryptocurrency market.

The Next Block Expo, a pivotal international event in the blockchain sector, is set to make a triumphant return to Berlin on December 4-5, 2023. Following the resounding success of its inaugural edition in November 2022, which drew in 1,583 blockchain practitioners from 45 countries, the upcoming event is expected to attract over 2,500 attendees. Renowned companies, including 1inch network, Polygon, Google, Polkastarter, CoinEx, and more, will contribute to the event’s success with a lineup of over 140 speakers sharing insights on the Main Stage.

The Next Block Expo Berlin 2023 offers an ideal platform for CoinEx to reinforce its dedication to prioritizing user needs and fostering a community-driven approach.

CoinEx’s participation in The Next Block Expo is two-fold. The platform aims to enable users to enjoy the dividends of web3 technology by providing valuable insights and opportunities. CoinEx also seeks to increase adoption by showcasing its commitment to user-centric principles. CoinEx’s exhibition is located at number 15, and interested visitors can visit its booth to participate in the offline event.

About CoinEx

Founded in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Since its establishment, CoinEx has steadfastly adhered to a "user-first" service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables users to effortlessly access the world of cryptocurrency by offering easy-to-use products and services.

Source : Unlocking the Future of Blockchain: The Next Block Expo 2023 Returns to Berlin

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MANILA, Philippines, Nov. 30, 2023 /PRNewswire/ — The Globe Group, the Philippines’ leading digital solutions platform, is out to repeat the success of its fintech arm GCash, currently the No. 1 finance super app in the country and the only double unicorn.

Ernest Cu, Globe Group President and CEO, speaks about raising unicorns in a panel discussion at the Singapore Fintech Festival, November 15, 2023. Beside him is Martha Sazon, President and CEO of Globe affiliate GCash, the country’s No. 1 Finance App and only double unicorn. (Photo via SFF)

Ernest Cu, President and CEO of the Globe Group, said the company’s pivot into a full-fledged techco aims to provide disruptive solutions to problems that Filipinos confront day-to-day.

Speaking about the rise of GCash, Cu said: "We want to repeat that again. We look at areas where there’s a large problem to solve. It’s gotta be large because it’s got to move our needle, right?"

"So we look at a lot of nascent areas where problems continue to be pervasive and no one’s paying attention to, no one’s taking the advantage of building something. If it fits the assets we have, this gives us what we call unfair advantage, then we go into it," said Cu on NASDAQ’s Trade Talks with Jill Malandrino on the sidelines of the 2023 Singapore Fintech Festival (SFF).

Cu also spoke of the Globe Group’s ethos in a panel discussion on raising unicorns at SFF, sharing his vision of making the company responsive to the country’s problems.

In its beginnings as a core telco business, Globe solved Filipinos’ communication problems. With its solid connectivity infrastructure as foundation – its "unfair advantage"– the Globe Group has been casting a wider and wider net. 

Today, beyond fintech, the Globe Group provides digital solutions in the areas of healthtech, adtech, edutech, climate tech, shared services, investments and entertainment.

It’s all about being responsive to customers’ evolving needs, much like how Cu practices to be responsive real-time to every message that comes his way.

"My responsiveness is almost real time. If I respond almost 24/7, there’s no reason you shouldn’t respond to me. In a way that reflects how your responsiveness is to customers right?" he said.

"At the end of the day, the Globe Group is a consumer service company. We are here to serve our consumers, whether it’s telecommunications, whether it’s healthcare, or whether it’s fintech. We want to instill that notion of responsiveness among our people, and I guess for me it starts at the top," he added.

To learn more about Globe, visit globe.com.ph.

Source : Globe Group moves to replicate fintech success, solving PH biggest problems with digital technology

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Continued to rank 1st in Multi-Line Insurance & Brokerage Industry in APAC

HONG KONG and SHANGHAI, Nov. 29, 2023 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) announced that it has been rated A in the Morgan Stanley Capital Investment’s (MSCI) latest ESG Ratings, this is the second consecutive year for Ping An to be awarded an A rating, and continued to rank 1st in multi-line insurance & brokerage industry in APAC.

One of the most widely adopted benchmark indexes, the MSCI index is an important basis for investment decisions and data analyses by global asset managers. According to the MSCI ESG rating report, Ping An’s performance in the areas of "Privacy & Data Security", "Access to Finance", and "Financing Environmental Impact" exceeded industry average. Ping An was recognized by MSCI for its extensive data protection procedures, including certification to external information security management standards and robust compliance programs, as well as its management of environment risks in corporate financing activities.

Ping An has incorporated environmental, social, and corporate governance (ESG) philosophies and standards into its corporate management as part of its ongoing exploration and learning from world-class companies. Maintaining a focus on people and customer needs, Ping An has continued to expand its financial services capabilities and coverage. The Group focuses on the "integrated finance + healthcare" strategy driven by technology, continuously consolidating the strong synergies of integrated finance, advancing the development of healthcare and elderlycare, and enhancing digitization, to achieve long-term and sustainable high-quality development.

Leveraged Integrated Finance Advantages to Advance Green Finance Initiatives

Ping An actively responds to climate change challenges and opportunities, leveraging its integrated finance capabilities to promote green finance and help China to achieve its goals of "carbon peak and neutrality in 2030 and 2060 respectively". In terms of responsible investment, Ping An implemented the principle of active ownership, integrated ESG factors into the research, analysis and investment decision-making process, supervised and participated in the ESG management of portfolio companies, and guided the healthy development of portfolio companies. By the end of June 2023, green investment in Ping An’s insurance assets had reached RMB140.929 billion. In terms of responsible banking, Ping An fully implemented green, social, and inclusive sustainable development concepts in its credit business and other financing businesses, and integrated ESG factors into its pre-loan, lending and post-loan processes. As of the end of June 2023, Ping An’s balance of green loans stood at RMB134.926 billion. Regarding sustainable insurance, Ping An continued to promote the development of green insurance products and services and focused on changes in demand for insurance products as a result of health and urbanization trends in China, and developed a wide range of social and inclusive insurance products to provide more comprehensive health and life protection to vulnerable groups and special care groups. During the first three quarters of 2023, the company’s green insurance policies generated original premium income of RMB26.276 billion.

Strengthened Personal Information Protection and Enhanced Data Security Management

Remaining customer-centric, Ping An improved its information security management system and strengthened the protection of personal information and consumer rights. To enhance the customer experience, the Company continuously improved customer profiling and gained insight into customers’ needs under the premise of strict compliance with the law. By the end of December 2022, 93% of Ping An’ s operations had been certificated by ISO/IEC 27001 Information security management system. In 2022, Ping An conducted over 50 specialized information security training sessions and education campaigns for all employees and relevant third-parties, covering topics such as terminal security and data security.

Enhanced Financial Service Coverage and Fulfilled Corporate Social Responsibility

Ping An remained customer-demand oriented, and improved its service capabilities and coverage. In 2022, Ping An launched "Rural Areas Support" program which included insurance services, financial services and healthcare in rural areas to support rural development through multi-dimensional upgrading of rural and industrial revitalization. The programs sought to narrow urban-rural development gaps, foster innovations in financial inclusion, and empower SMEs development. Ping An has also committed a total of RMB103.241 billion to aid in rural industrial assistance through its Rural Communities Support programs since 2018.

Looking ahead, Ping An will continue to adhere to high corporate governance standards under its technology-driven "integrated finance + healthcare and elderlycare" strategy, providing "financial advisory, family doctor, and elderlycare concierge" services to nearly 230 million customers. In addition, the company will utilize its integrated finance strength to advance ESG governance and green finance initiatives, and implement a sustainability strategy to steadily create greater value for customers, employees, shareholders and society.

About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) strives to become a world-leading integrated finance and healthcare services provider. With nearly 230 million retail customers, Ping An is one of the largest financial services companies in the world. Under the technology-driven "integrated finance + healthcare" strategy, Ping An provides professional "financial advisory, family doctor, and elderlycare concierge" services. Ping An advances intelligent digital transformation and employs technologies to improve the quality and efficiency of its financial businesses and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of 2022, Ping An had RMB11,137,168 million in total assets. The Group ranked 16th in the Forbes Global 2000 list in 2023 and ranked 33rd in the Fortune Global 500 list in 2023.

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

Source : Ping An Awarded A in MSCI ESG Ratings for Two Consecutive Years

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network