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https://www.nationthailand.com/pr-news/more/pr-news/40023867

Carabao Group joins SET’s 2022 THSI list for the Pursuit of Sustainability

TUESDAY, JANUARY 10, 2023

October 10, 2022, the Stock Exchange of Thailand has announced the list of sustainable stocks or Thailand Sustainability Investment (THSI) for 2022, with more than 170 companies selected from a total of 8 industry groups, with Carabao Group listed in the Thailand Sustainability Investment (THSI) group for the first year in Agriculture and Food Industry (ARGO).

Selection of the list of sustainable stocks or Thailand Sustainability Investment (THSI) of the Stock Exchange of Thailand held annually by assessing each sustainability criteria of the listed companies according to the economic (including corporate governance), social and environmental dimensions through a prepared questionnaire and selecting companies that pass the criteria to be announced as a sustainable stock or Thailand Sustainability Investment (THSI). This reflects that the companies that have been selected recognize the importance of sustainability in their business operations. This is a mechanism that promotes and supports businesses operating in an environmentally friendly manner creating shared benefits for the community and society as well as shared value in the economy.

Mr. Sathien Sathientham, Chief Executive Officer of Carabao Group Public Company Limited, revealed that “The company is very pleased to be selected into the Stock Exchange of Thailand’s sustainable stock list. Currently, the concept of doing business not only considering the highest return to shareholders, but also showing social and environmental responsibility on the basis of sustainability. This is a guideline that has been accepted more and more continually to create long-term value by considering the needs of stakeholders and society.”

“Being selected as one of the sustainable stocks serves as another important milestone that helps build investors and stakeholders’ trust in investing in our company according to the concept of sustainable investment considering Environment, Social, Governance (ESG) factors as an investment decision-making criterion along with the analysis of the company’s financial information to generate continuous returns for the longer term,” said Mr. Sathien.

A list of all sustainable stocks selected this year was outcome from the companies participating in the sustainability assessment questionnaire consisting of 17 criteria of general questions from economic (including corporate governance), social and environmental dimensions as well as questions according to the nature of the business in each industry group in 12 categories, such as water-related risks, product stewardship, biodiversity, and etc.

Companies that have been selected to be in the list of sustainable stocks must have a passing score of 50% in each ESG dimension or being selected as a member of the Dow Jones Sustainability Indices (DJSI) according to the year in which the sustainability assessment results are announced. The assessment is conducted by the Sustainable Investment Working Group to ensure transparency throughout the process. A list of sustainable stocks can be viewed at www.setsustainability.com

In addition to the mentioned achievements, Carabao Group has been certified as the Carbon Footprint for Organization 2021 from Thailand Greenhouse Gas Management Organization (Public Organization) with the certificate number TGO CFO FY22-152. The company has disclosed the environmental information and greenhouse gas reporting through publicly disclosed channels and the accuracy of the information has been verified by external accredited verifier demonstrating our transparency and commitment to operating business that creates the least impact on the environment.

Carabao Group also would like to announce that it has furthered its commitment to environmental transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. The company has disclosed through CDP since 2022 for the first year and completed CDP’s Climate Change questionnaire.

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Historic sales record completes landmark year for Rolls-Royce cars

MONDAY, JANUARY 09, 2023

Rolls-Royce has achieved its highest-ever annual sales in 2022, delivering a total of 6,021 motor cars, up 8% on 2021, to clients in around 50 countries worldwide.

This is the first time in the company’s 118-year history that its sales have exceeded 6,000 in a single 12‑month period.

The value of Bespoke commissions also reached record levels, while demand for all Rolls‑Royce models remains exceptionally strong, with advance orders secured far into 2023.

In 2022, Rolls-Royce achieved sales growth in almost all regions, with particularly strong year-on-year growth seen in the Middle East, Asia-Pacific, the USA and Europe.

More importantly than volume alone, the value of clients’ Bespoke commissions was higher than ever before. The almost endless possibilities for Bespoke personalisation resulted in clients being willing to pay an average of around half a million Euros for their unique Rolls-Royce.

Thanks to the high value of Rolls-Royce’s unrivalled Bespoke offering and the company’s consistent focus on profitability, the marque will make a significant contribution to its principal shareholder.

The Middle East is the marque’s leading region for Bespoke commissions, with many unique creations of particularly extensive and individual personalisation.

In 2022, Rolls-Royce opened an invitation-only Private Office in Dubai, the first outside Goodwood, bringing the Home of Rolls-Royce closer to the marque’s local clients.

Further Private Offices will be introduced around the world in the coming months and years.

The Americas saw significant growth in 2022 and remains the largest single region for Rolls‑Royce, with almost all markets achieving higher sales than the previous year.

Greater China is of vital strategic importance to Rolls-Royce and is the marque’s second-largest sales region. Ongoing headwinds there led to a single-digit drop in sales compared with 2021’s record results, however, this was successfully counterbalanced by increased sales in other markets.

Despite the serious geopolitical challenges affecting Europe, the region grew overall in 2022 with record sales in several markets, including the UK and Germany. The Asia-Pacific region also achieved higher sales than ever before.

Rolls-Royce’s unprecedented success comes as, in January 2023, the company marks the 20th anniversary of the Home of Rolls-Royce at Goodwood. Its transformation – from offering a single model, Phantom, and building just one motor car a day – to today’s record figures is the result of a long-term strategy based on sustainable growth, careful management and planning, and the successful reinvention of the brand.

The past decade, in particular, has seen Rolls‑Royce consciously refine and rejuvenate its brand and product portfolio to reflect its clients’ changing requirements, tastes and demographics, while retaining its innate exclusivity and rarity.

As both a true luxury house and an innovative, engineering-led company, Rolls‑Royce represents, as it always has, the very highest levels of craftsmanship, technology, luxury and creativity.

Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars, concludes, “As we mark the 20th anniversary of the Home of Rolls-Royce at Goodwood, these results confirm Rolls‑Royce Motor Cars as a great British success story. Our business is built on extremely strong foundations, and we have secured advance orders stretching far into 2023. And while we are not immune to global challenges and economic headwinds, thanks to our balanced worldwide sales strategy, we are cautiously optimistic that 2023 will be a strong year for Rolls‑Royce.

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https://www.nationthailand.com/more/pr-news/40023838

FWD introduces digital mental health solutions for customers

MONDAY, JANUARY 09, 2023

FWD Group Holdings Limited announced on Monday the launch of the Mind Strength Support programme, a first-in-the-market platform to provide individuals with a convenient and confidential way to access digital solutions to strengthen their mental health.

Customers will have complementary and regular access to a mental health self-assessment questionnaire, after which they will find a set of follow-up options.

These include online self-help tools, unlimited text-based coaching, and virtual therapy with professionals such as counsellors and clinical psychologists.

It is available to customers who have purchased the Mind Strength protection product, which provides extensive medical coverage, from initial diagnosis to ongoing treatment, for designated mental health challenges to ease customers’ financial burdens and support them in their recovery.

The launch follows the recent release of FWD Group’s International Mental Health survey, which interviewed more than 10,000 people across 16 international markets.  

The survey found that 40% of respondents in Asia say the cost of treatment is the biggest impediment to seeking outside help for mental health care, and 76% of respondents expressed their interest in exploring insurance options to address such challenges.

In addition, people in Asia place a higher value on self-help than on seeking outside assistance, with only 34% preferring to discuss issues openly with others.

Joanna Chu, Group Head of Product Proposition, FWD Group, highlighted, “At FWD, we believe a holistic approach to building mental strength is needed to help our customers in all aspects of their lives. FWD’s mental health survey demonstrated a growth opportunity for digital mental health solutions across Asia. We are pleased to partner with thoughtful as it reinforces FWD’s broader commitment to making insurance more inclusive and accessible by leveraging digital health technologies.”

FWD Group has engaged ThoughtFull, an Asia focused digital mental health company, to provide FWD’s customers with seamless access to mental healthcare tools via its proprietary mobile platform, ThoughtFullChat.

FWD’s customers can proactively manage their mental wellness simply by sending a text to their matched qualified professional. Based on the individual’s personally assessed needs, customers are empowered to find their best-fit mental health professional for video therapy, daily one-on-one, bite-sized coaching via text and audio messaging, as well as to engage with dynamic science-backed content and emotional health trackers at their own pace.

Joan Low, CEO of ThoughtFull, said, “While the importance of mental health has gained greater awareness across Asia since the pandemic, it takes a leading insurer like FWD to integrate access to mental wellness solutions into their customer programmes. As a tech-enabled mental health platform, our solutions are designed to be intuitive, easy-to-use and personalised for our users’ unique needs. It is thus a privilege to be FWD’s partner to bridge the many gaps that continue to exist in the mental health ecosystem, and to be working together to make personalised mental healthcare accessible to more people.”

The programme was recently launched in Hong Kong and Thailand, with other selected FWD markets to follow in the future.