Latest news with #SustainableInvestment
Zawya
26-05-2025
- Business
- Zawya
Chairman Chen Zhi Named Cambodia's Entrepreneur of the Year, Prince Holding Group Recognized for Scholarship Program
PHNOM PENH, CAMBODIA - Media OutReach Newswire - 26 May 2025 - Prince Holding Group's Chairman Neak Oknha Chen Zhi has been named Entrepreneur of the Year in Cambodia 2025 by the World Business Outlook Awards. Additionally, the Group's Chen Zhi Scholarship has received the Best Overall CSR Excellence in Cambodia 2025 award. This marks the third consecutive year that Chairman Chen Zhi and Prince Group have earned recognition from this global awards platform, underscoring their commitment to responsible leadership and sustainable investment in Cambodia's development. Under Chairman Chen Zhi 's leadership, Prince Group has grown into one of Cambodia's largest and most diversified conglomerates, with significant investments that have contributed to the Kingdom's economic and social development. Since its inception, the Chen Zhi Scholarship has provided full university education, mentorship and professional development opportunities to 400 Cambodian students through partnerships with the Ministry of Education, Youth and Sport and the country's leading academic institutions. Gabriel Tan, Chief Communications Officer of Prince Holding Group, said: "Chairman Chen Zhi's strategic vision and business leadership have transformed Prince Group into one of Cambodia's leading conglomerates while establishing a foundation where commercial success and community development advance together. These recognitions inspire us to strengthen our efforts to create lasting positive change in Cambodia." Prince Holding Group continues to pursue its strategic vision of fostering inclusive growth through investments and partnerships in real estate development, financial services and consumer services sectors. The World Business Outlook Awards are held annually to recognize organizations and individuals making significant contributions to economic growth, innovation and sustainable development. Winners are selected following thorough evaluation of performance, impact and alignment with global best practices. Hashtag: #ChenZhi #PrinceHoldingGroup #PrinceGroup #ChenZhiScholarship The issuer is solely responsible for the content of this announcement. Prince Holding Group
Yahoo
05-04-2025
- Business
- Yahoo
Researchers reveal key obstacle slowing global technology rollout: 'Further progress is needed'
Very recently, America's move toward more sustainable energy and less pollution has stalled thanks to shifts in the political landscape. However, Europe and Asia are still on course to clean up their industries and may even see economic benefits, per a Sustainable Investment article translated from German and shared by Springer Professional. Sustainable Investment reported that America has made a sharp turn in its energy policy. Where the previous administration held back on liquefied natural gas out of concern for the environment, President Donald Trump is moving forward with LNG terminals, as well as doubling down on domestic oil. The Federal Reserve has left the Network for the Greening of the Financial System, and investors are withdrawing from other climate alliances. Graham Steele, former Deputy Assistant Secretary for Financial Institutions with the U.S. Treasury, said the Federal Reserve's withdrawal was a "response to short-term political considerations," Sustainable Investment reported. By contrast, investors and governments in Europe and Asia are still heavily interested in reducing heat-trapping air pollution and other forms of environmental damage. Sustainable Investment cited fund manager Fidelity International's study, the "Professional Investor DNA Survey," which revealed that out of over 120 institutional investors, 63% listed the environment as their top priority — specifically the reduction of heat-trapping carbon pollution, energy system transformation, and the conservation of natural resources. "Our study shows that ESG is still on the minds of investors," said Jenn-Hui Tan, Chief Sustainability Officer at Fidelity International, per Sustainable Investment. "Even though ESG investments are now integrated into asset allocation, further progress is needed to reduce implementation barriers." Further research by the German Institute for Economic Research in Berlin identified America's retreat on this issue as an opportunity for the German clean energy sector to step up and strengthen the domestic market, Sustainable Investment revealed. Other European and Asian countries could do the same, benefitting their economies and the world. Do you think America has a plastic waste problem? Definitely Only in some areas Not really I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
