Fintech PR
NEW REPORT HIGHLIGHTS PATHWAYS TO A SUSTAINABLE FUTURE FOR THE FOOD AND BEVERAGE INDUSTRY
OSLO, Norway, Dec. 9, 2024 /PRNewswire/ — DNV, the independent assurance and risk management provider, published a new report highlighting the urgent need for the food and beverage sector to transform its supply chains to meet sustainability demands amid global challenges like climate change, regulatory shifts, and evolving consumer expectations.
The report ‘The Future of Sustainable Food Supply Chains: Spotlight on Europe’s Food and Beverage Industry‘ reveals that sustainability has become the number one supply chain priority for food and beverage companies, with 75% ranking it among their top three goals, ahead of cost efficiency (63%) and regulatory compliance (49%).
To succeed, companies must adopt a holistic approach that integrates visibility, digital transformation, and compliance with emerging regulations.
With food systems accounting for a third of global carbon emissions, the report identifies critical areas where the industry must focus to balance environmental responsibility, cost-efficiency, and compliance with increasingly stringent regulations.
The report’s key findings on critical challenges facing food and beverage supply chains include:
- Digital transformation as a catalyst: The adoption of digital tools such as supply chain traceability, connected product passport as well as supply chain risk management platforms is gaining momentum, but the sector lags behind others in integrating key technologies. A focus on verifiable and trusted data, as well as ease of use across all supply chain actors is essential to enable transparency and cost-effective compliance.
- Evolving regulatory landscape: New EU directives, including the Corporate Sustainability Due Diligence Directive and the Packaging Waste Directive, are driving companies to address sustainability comprehensively, from carbon footprints to human rights concerns.
- Consumer and retailer influence: Today’s informed consumers demand sustainable and transparent food production practices and are willing to pay a premium for products aligned with their values. Retailers, especially those with private labels, are pushing for deeper collaboration with suppliers to meet these expectations.
“The food and beverage industry faces an era of significant transformation as sustainability within the entire supply chain becomes an urgent priority. Global disruptions, including the COVID-19 pandemic, geopolitical tensions, and the growing impact of climate change, have intensified existing challenges while introducing new complexities to the industry’s supply chains,” said Geir Fuglerud, CEO – Supply Chain & Product Assurance at DNV. “This report is a blueprint for companies to address the challenges ahead, leveraging digital innovation to balance cost-efficiency and environmental responsibility.”
While digital transformation is crucial for creating lean and green supply chains, the report’s findings highlight that it must be coupled with robust methodologies for data collection and verification. Technologies like AI offer immense potential to enhance visibility and traceability, but fragmented standards and siloed data systems remain key barriers.
As climate change accelerates and global populations grow, the food and beverage sector must embrace a holistic, technology-driven approach to sustainability. Collaboration across the supply chain, bolstered by strategic partnerships and adherence to rigorous standards, will be essential in shaping a more sustainable and efficient future.
For the full report, please visit: https://www.dnv.com/about/supplychain/the-future-of-sustainable-food-supply-chains-spotlight-on-europes-food-and-beverage-industry/
About DNV
DNV is an independent assurance and risk management provider, operating in more than 100 countries. Through assessment and digital assurance solutions, DNV helps companies build trust and transparency around products, assets, supply chains and ecosystems.
Whether certifying products, verifying claims or optimizing and decarbonizing supply chains, DNV helps companies manage risks and realize their long-term strategic goals, improving ESG performance and generating lasting, sustainable results.
Combining sustainability, supply chain and digital expertise, DNV works to create new assurance models enabling traceability and transparency across value chains. Drawing on its wide technical and industry expertise, DNV works with companies worldwide to bridge trust gaps among consumers, producers and suppliers.
Driven by its purpose, to safeguard life, property, and the environment, DNV helps tackle the challenges and global transformations facing its customers and the world today and is a trusted voice for many of the world’s most successful and forward-thinking companies.
Learn more at www.dnv.com/about/supplychain/
Photo – https://mma.prnewswire.com/media/2575177/1.jpg
Logo – https://mma.prnewswire.com/media/2575176/DNV_logo_RGB__3_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/new-report-highlights-pathways-to-a-sustainable-future-for-the-food-and-beverage-industry-302325113.html
Fintech PR
HashKey Chain Launches $50 Million Atlas Grant Program to Empower Global Web3 Developers
HONG KONG, Dec. 12, 2024 /PRNewswire/ — On December 10, HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to drive innovation in the OP Stack ecosystem, accelerate HashKey Chain’s application layer growth, and boost on-chain adoption.
HashKey Chain leverages OP Stack technology to enhance transaction speed and reduce fees. This open-source framework powers Optimism’s L2 Rollup and allows developers to build customizable Layer 2 blockchains with Ethereum’s security.
The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. Funding is tied to milestone achievements by developers and teams building on HashKey Chain.
Key Areas of Focus:
- RWA (Real-World Assets): Tokenization of financial assets for liquidity and transparency.
- PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.
Hong Kong’s role as a financial hub makes it ideal for RWA tokenization, aligning with HashKey Chain’s compliance-focused strategy to bring traditional financial products on-chain.
CEO Statement:
“We are excited to announce the $50 million Atlas Grant Program to the global market,” said Kay, CEO of HashKey Chain. “We hope individuals, teams, and organizations joining the HashKey Chain ecosystem share a strong confidence in the future of the crypto industry. Together with HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating groundbreaking applications with real traction across major blockchains while achieving meaningful returns in the process.”
The first phase allocates $10 million in HSK tokens, with applications open from December 10, 2024, to January 10, 2025. Grant recipients will be announced on January 20, 2025.
X:@HashKeyHSK
Application: https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1
Logo – https://mma.prnewswire.com/media/2579882/HashKey_Chain_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/hashkey-chain-launches-50-million-atlas-grant-program-to-empower-global-web3-developers-302330308.html
Fintech PR
Allego and RAIN Group Unveil Groundbreaking Research on Continuous Learning and Sales Performance
New study reveals only 33% of companies have effective sales training, explores gaps and opportunities for organizations to elevate sales performance
WALTHAM, Mass., Dec. 12, 2024 /PRNewswire/ — Allego™, the leading provider of revenue enablement solutions, in partnership with RAIN Group, a global sales training company, today announced the findings of their latest study, The Impact of Continuous Learning on Sales Performance. This landmark research underscores the transformative power of continuous learning for sales teams, revealing that organizations embracing this approach are more likely to see higher performance, reduced turnover, and stronger engagement.
The study, based on responses from over 240 sales and sales enablement professionals across industries, including financial services, medical devices and pharmaceuticals, highlights critical continuous learning practices that set high-performing sales teams apart. The findings show that top-performing teams:
- Are 5.5 times more likely to use skill assessments to identify gaps.
- Are 2.9 times more likely to prioritize mentorship and coaching.
- Integrate learning directly into the flow of work, improving productivity and reducing time-to-ramp.
“This research confirms what we’ve long believed. Continuous learning isn’t just a competitive advantage; it’s essential for driving sales success in today’s dynamic environment,” said Deniz Olcay, VP of Marketing at Allego. “By embedding learning into daily workflows and leveraging technology, organizations can transform their teams into agile, high-performing units.”
The report highlights the role of technology in driving continuous learning, with top companies using modern sales enablement platforms to deliver personalized, just-in-time training. These platforms not only enhance sales skill development but also foster sales team alignment and improve knowledge retention.
Key Findings Include:
- Enhanced Retention and Productivity: Organizations with highly effective training programs are 4.9 times more likely to see faster time-to-productivity and significantly lower turnover.
- Mentorship as a Game-Changer: Sales teams prioritizing mentorship and coaching are nearly 3 times as likely to have effective training programs.
- Actionable Learning Insights: Companies leveraging data to tailor and measure their training programs achieve measurable improvements in performance and engagement.
“With only a third of companies achieving tangible results from sales training, there’s a significant opportunity to adopt a more effective approach,” said Erica Schultz, CMO of RAIN Group. “Our research identifies high-impact strategies that drive real change, deepen skill acquisition, and foster continuous improvement across sales teams. By seamlessly integrating onboarding with ongoing learning, organizations can lower turnover, shorten ramp-up times, and build well-prepared teams equipped for sustained success.”
The full research report offers a detailed roadmap for organizations to implement continuous learning strategies and elevate their sales performance. To access the report and learn how continuous learning can transform your sales organization, visit Allego.com.
About Allego
Allego is the leader in modern revenue enablement technology. With Allego, you’ll ready more confident teams, curate impactful content, and engage buyers effectively—all within a unified platform. What sets Allego apart is the company’s expertise in driving adoption across revenue teams to foster alignment and knowledge sharing in the flow of work. This results in up to 50% reduction in software spend, 50% shorter sales cycles, and 45% higher win rates, propelling revenue growth. Learn more about how Allego can transform your sales enablement into a growth-driving powerhouse at www.allego.com.
About RAIN Group
RAIN Group is an award-winning leader in sales transformation, with over 20 years of researching and enabling top sales performance. RAIN Group’s modular, multi-modal approach to sales training provides flexible and customizable solutions for complex global teams. Trusted by leading companies, RAIN Group partners with clients to ensure learning is adopted, creates lasting behavior change, and drives measurable results. Learn more at www.raingroup.com.
Allego Contacts:
Michelle Davidson
[email protected]
“Allego” is a registered trademark of Allego, Inc.
Logo – https://mma.prnewswire.com/media/2239482/5073093/Allego_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/allego-and-rain-group-unveil-groundbreaking-research-on-continuous-learning-and-sales-performance-302329233.html
Fintech PR
Luohu of Shenzhen: A Magnet for Global Investments
SHENZHEN, China, Dec. 12, 2024 /PRNewswire/ — Saint-Gobain Group, a global leader in lightweight and sustainable construction solutions, reinvested in the Luohu district of Shenzhen this year.
The French industrial giant, listed among the Global Fortune 500 companies, views Luohu as a strategic stronghold for expanding its business into South China and Southeast Asia, said Wang Huan, Chief Business Development Officer of Saint-Gobain Group Asia-Pacific, during a speech in Shenzhen in November.
“As the earliest developed district in Shenzhen, Luohu hosts a significant number of enterprises that align with Saint-Gobain’s building materials. It also serves as a crucial link to Hong Kong, playing a significant role in the future development and operation of the northern New Territories of Hong Kong,” Wang said.
An increasing number of companies, including Saint-Gobain Group, have been choosing Luohu as their investment destination, attracted by its geographic proximity to Hong Kong, strong industrial foundation, and improving business environment.
The district secured a total of 39 high-quality projects at the 2024 Shenzhen Global Investment Promotion Conference, held last week, with more than half of the signed projects coming from Fortune Global 500 companies, China 500 companies, listed firms, and “unicorn” investments. Over 60% of the projects are in cutting-edge sectors such as artificial intelligence, low-altitude aerospace, and life health.
In one of the projects, CCB Investment, one of the five financial asset investment companies in China, signed to found an energy fund in Luohu with China General Nuclear Power Group, specifically focusing on investment in upstream and downstream projects related to CGN’s nuclear industry and nuclear power business.
In another project, Chinese private aerospace company LandSpace will set up an aerospace operations center in Luohu, aiming to provide high-cost-performance and high-reliability space transportation services to the global market.
To better attract investments, the district government introduced the “Luohu Entrepreneur Rights Treasure Box” on the city’s special day for entrepreneurs on November 1st.
The services in the box include 137 offerings in 10 categories for enterprises and 26 in six categories for entrepreneurs. Each service is tailored to address the specific needs of businesses and entrepreneurs, reflecting a commitment to meeting their demands effectively.
“Our services for enterprises are heartfelt and services for enterprises are always on the way,” said Fan Defan, Party Chief of Luohu, at the “Entrepreneur Day” event.
Photo – https://mma.prnewswire.com/media/2579709/1212_1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/luohu-of-shenzhen-a-magnet-for-global-investments-302330278.html
-
Fintech7 days ago
Fintech Pulse: Your Daily Industry Brief (Pennant Technologies, MogoPlus, Stash, Kennel Connection, RedRover)
-
Fintech2 days ago
Fintech Pulse: Your Daily Industry Brief (Waymo, Paytend, LexisNexis Risk Solutions, Centana Growth Partners, IDVerse)
-
Fintech PR6 days ago
Schneider Electric Wins ‘Business Continuity/ Disaster Recovery Project of the Year’ and ‘ESG/CSR Company Initiative’ at the SDC Awards 2024
-
Fintech PR6 days ago
Thomson Reuters named a Leader in 2024 IDC MarketScape for Worldwide SaaS and Cloud-enabled Sales and Use Tax Automation Software for Enterprise
-
Fintech PR6 days ago
Over 10,000 People Attended the 2024 AWDPI Conference to Jointly Advance Asian Women’s Empowerment and Leadership
-
Fintech PR6 days ago
Ethara: EMIRATI SISTERS AMNA AND HAMDA AL QUBAISI RETURN TO YAS MARINA CIRCUIT FOR F1 ACADEMY SEASON FINALE
-
Fintech3 days ago
Ibanera Leverages FIS Innovation to Launch Comprehensive Prepaid Card Program
-
Fintech PR6 days ago
Guangzhou and Aksu Spotlight Cultural Heritage at the 2024 Understanding China Conference