Latest News
IMC Pan Asia Alliance Is Now Known as Tsao Pao Chee Group
SINGAPORE, April 12, 2024 /PRNewswire/ — IMC Pan Asia Alliance (IMCPAA) unveiled a historic rebrand as (TPC) Tsao Pao Chee Group Pte Ltd at the AT ONE International Festival in Suzhou, China today. This significant milestone, under the helm of fourth-generation steward and Chavalit Frederick Tsao, Chairman, TPC (Tsao Pao Chee) Group propels the company into an exciting new era laser-focused on impactful investments and fostering a well-being economy.
The TPC brand honours the company’s original tradename, Tsao Pao Chee, which dates back about 120 years during the Qing Dynasty. It signals its evolved commitment to creating value through stewardship, collaboration, and entrepreneurship in service of life’s flourishing. This rebrand echoes Chavalit’s clarion vision: transforming family businesses into catalysts for positive change across societies.
“This is more than just turning the page. We need to go back to finding our own roots, our own culture, our own morality, and ethical traditions. Therefore, I decided to return to our roots and bring back the original trade name of the family business used by my great grandfather because that has always been our true brand, ” Chavalit said.
The rebranding is more than just a new name and logo. It symbolises the dedication to aligning business success with the betterment of lives and communities. Under the TPC banner, the company is poised to leverage its history of innovation and strategic partnerships to drive sustainable growth. Strategic business verticals like IMC Industrial and OCTAVE will reorient toward adding value to co-create the well-being economy. TPC’s investment arms have already redirected USD 320 million to invest in the impact and well-being sectors.
TPC is also transforming its approach to corporate philanthropy by incorporating it into its business culture. Three non-profit units have been established to achieve this: OCTAVE Institute, No.17 Foundation, and Restore Nature Foundation, which focuses on restoring human relationships, collaboration, and nature, respectively.
Mr Tsao Wa-Chang founded TPC in the late 1800s. Over four generations, for nearly 120 years, the company evolved from a traditional shipping company into a multinational business. Today, TPC is transforming into a purpose-driven profit business with a mission to “serve human well-being and create wealth at the same time.”
Under Chavalit’s stewardship, OCTAVE, which fused wisdom from Eastern practices with modern science, is created to foster individual and collective growth. Chavalit’s founding of OCTAVE and involvement in various philanthropic endeavours speak to his commitment to stewarding the business as a purpose-led profit institution.
The brand’s new logo melds English and Chinese characters into one holistic emblem, and the colour “Awakening Red” represents new materialism. TPC’s corporate colour, emerald green, reflects TPC’s deep reverence for nature as the source of life, while its crisp, flowing geometry symbolises constant evolution and the open exchange of ideas.
TPC calls on entrepreneurs, investors, economists and socially conscious leaders across the globe to join them in co-creating an economy where purpose and profit flourish in tandem. Through innovation, courage, and the radical embrace of interconnectedness, TPC is committed to driving progress where it matters most – the flourishing of all life.
About Tsao Pao Chee Group Pte Ltd
TPC (Tsao Pao Chee) is a purpose-led-profit family business consisting of OCTAVE, IMC Industrial, and various non-profit organisations operating as one integrated system to create a well-being business ecosystem. The company’s headquarters is in Singapore, with a strong presence in China, Indonesia, and Thailand. TPC employs more than 8000 people.
For more information, visit https://tsaopaochee.com/
Photo – https://mma.prnewswire.com/media/2385599/1.jpg
Photo – https://mma.prnewswire.com/media/2385600/2.jpg
View original content:https://www.prnewswire.co.uk/news-releases/imc-pan-asia-alliance-is-now-known-as-tsao-pao-chee-group-302115465.html
Latest News
S&P Global Sustainable1 Introduces Municipal Climate Risk Analytics
S&P Global Sustainable1 specializes in offering comprehensive data analytics solutions to evaluate environmental, social, and governance (ESG) risks for investors and market participants.
Their latest initiative introduces the Municipal Climate Physical Risk dataset, aimed at addressing the risks posed by climate change to municipal bonds.
Covering over 3,100 U.S. counties, all 50 states, and 47,000 general obligation bond issues, this dataset provides insights into climate hazard exposures for U.S. local governments.
It encompasses nine climate hazards across four climate scenarios, averaged over decadal time periods from the 2020s through the 2090s.
Included in the dataset are exposure scores comparing regional exposure to climate change hazards on both a national and global scale. Additionally, exposure metrics indicate the percentage of a region’s GDP and population exposed to climate hazards.
Steven Bullock, Managing Director and Global Head of Research and Methodology at S&P Global Sustainable1, emphasized the increasing frequency and severity of extreme weather events caused by climate change across various regions in the U.S., from high water stress in the West to compound exposure to flooding and tropical cyclones in the Southeast.
Source: fintech.global
The post S&P Global Sustainable1 Introduces Municipal Climate Risk Analytics appeared first on HIPTHER Alerts.
Latest News
Renasant Corporation promotes president and COO Kevin Chapman to CEO
The post Renasant Corporation promotes president and COO Kevin Chapman to CEO appeared first on HIPTHER Alerts.
Latest News
Open has launched a groundbreaking travel insurance solution featuring instant claims technology.
-
Latest News6 days ago
Trakx launches a new product: Trakx USDc Earn CTI powered by OpenTrade
-
Latest News3 days ago
Letter from Gatemore Capital Management LLP to Elementis PLC
-
Latest News6 days ago
Money20/20 Asia 2024: Days Two Roundup
-
Latest News6 days ago
Stripe Unveils Unbundled Payments Strategy in Fintech Pivot
-
Latest News3 days ago
Shanghai Electric Releases ESG Report, Highlighting Sustainable Development Achievements in 2023
-
Latest News7 days ago
Sungrow Released Annual Report 2023: Operating Revenue Witnessed A Robust Growth of 79.5%
-
Latest News6 days ago
Chubb Report: Damage During Home Renovations and from Extreme Weather are Top Concerns of U.K. High Earners
-
Latest News5 days ago
Former Tesla executive Tim Newell is set to spin off Aspiration’s consumer financial services division.