Latest news with #Assurance


Business Wire
12 hours ago
- Business
- Business Wire
Wizz Air Tops Major Airline Emissions Rankings
LONDON--(BUSINESS WIRE)--Wizz Air is the world's most emissions-efficient airline in new rankings released today by Cirium, the aviation analytics firm. The Cirium Flight Emissions Review ranks the top 20 airlines globally, through a consistent benchmark for flight emissions. Wizz Air, the Hungary-based ultra-low-cost airline emits an industry low of 53.9 grams of CO₂ per Available Seat Kilometer (ASK)*, followed by Frontier Airlines (54.4 grams) and Pegasus (57.1 grams) according to the report. The rankings provide the aviation industry with verified comparable data on an equal playing field as the sector advances toward Net Zero by 2050 commitments. The rankings performance use Cirium's EmeraldSky platform, which achieved ISAE 3000 Reasonable Assurance from PricewaterhouseCoopers (PwC) and official accreditation from the Rocky Mountain Institute (RMI). Wizz Air, Frontier, and Pegasus Top 3; The Top 20 Major Airlines Ranked by CO2 Emissions/ASK The top 20 Major airlines globally are presented in the corresponding tables. Of note is the performance of Indigo, top in Asia, Volaris, top in Latin America and the Caribbean, and Jetstar, for its performance in Australia. The CO2/ASK Emissions of the World's Largest Airlines Cirium's reporting also ranked the 10 largest airlines in the world by ASK. At the head of the table is Ryanair, followed by Southwest Airlines, and Delta Air Lines. Each of the major U.S. carriers earned spots at the table, while Turkish Airlines, Qatar Airlines and Emirates rounded out a group of primarily long-haul operators. Enabling Fair Comparison Across the Industry 'For the first time, airlines can compare their emissions performance using a consistent, verified methodology,' said Jeremy Bowen, CEO at Cirium. "EmeraldSky provides the industry-standard benchmark that enables fair comparison and meaningful progress tracking." The comprehensive Review analyzed global operations using dual-accredited methodology, with the full report containing extensive findings across: Global Category Rankings showing the top 20 Major airlines and the World's 10 largest airlines by CO₂ per Available Seat Kilometer Regional Performance breakdowns showing which airlines excel on intra-region and inter-region routes Route-Level Improvements identifying specific airport pairs with the greatest efficiency gains Operational Insights revealing how fleet composition, load factors, and route optimization drive performance differences The Review provides comprehensive operational insights that support industry-wide efficiency improvements, offering actionable intelligence for aviation stakeholders committed to sustainability progress. Setting New Industry Transparency Standards EmeraldSky's methodology achieved the highest level of assurance under International Standard on Assurance Engagements through rigorous independent review. The Rocky Mountain Institute's accreditation under the Pegasus Guidelines validates the approach for climate-aligned aviation financing, enabling banks and investors to make informed decisions based on verified emissions data. This standardized approach addresses aviation's fragmented sustainability reporting, where inconsistent methodologies have made meaningful comparisons impossible. The verified benchmark enables airlines to assess their operational efficiency accurately, investors to evaluate performance reliably, and corporations to report Scope 3 emissions with confidence. Quarterly Updates Drive Accountability The Flight Emissions Review will be updated quarterly, tracking performance changes and operational improvements across the industry. With hundreds of data points and detailed analysis across multiple categories, the report provides the most comprehensive view of aviation emissions performance available. Access the Complete Rankings and Analysis The full Flight Emissions Review, including detailed carrier rankings, regional breakdowns, route-specific analysis, and operational insights, is available for download at Notes to Editors * Available Seat Kilometers (ASK) is a metric in the airline industry that represents the total passenger capacity of an airline About Cirium Cirium ® is the world's most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth. Cirium ® is part of LexisNexis ® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.


New Straits Times
3 days ago
- Health
- New Straits Times
Curvena launches RM68 DUO DETOX trial with results
CURVENA, a local wellness centre, is offering a limited-time DUO DETOX trial at RM68, featuring two non-invasive treatments and a results-backed satisfaction guarantee. The promotional campaign, running until Sep 30, is part of Curvena's push to make body wellness more accessible. The RM68 DUO DETOX trial features Magneto Fork and Cavitation treatment, both aimed at boosting circulation, easing bloating, and supporting the body's natural detox functions. GUARANTEE ASSURANCE Curvena's Result Assurance Guarantee provides customers who try the DUO DETOX trial with added confidence. If customers don't see measurable improvements after their session, as determined through body scans or other standard assessment methods — they'll receive their next treatment complimentary. The policy ensures that each session delivers trackable and verifiable outcomes. TAILORED TREATMENTS Based on the InBody analysis, customers receive a personalised treatment plan tailored to their body concerns and wellness goals. DUO DETOX CHALLENGE As part of the campaign, Curvena is inviting customers to join the #CurvenaDUODETOXChallenge by posting their transformation on Instagram, Facebook, or TikTok. During the trial, Curvena's staff will assist with a "before" photo. Every valid entry receives a free C-Sculpt Body Shaping Solution, and one winner per quarter gets RM1,000 in treatment credits. Additionally, the brand is hosting a monthly social media giveaway, where followers can win curated wellness prizes by answering questions based on the "Do Less, See More" philosophy. Founded in 2018, Curvena operates women-friendly wellness outlets across the Klang Valley, including at Mid Valley City, Publika Shopping Gallery, IOI Mall Damansara, and Pavilion Bukit Jalil.
Business Times
29-04-2025
- Business
- Business Times
StarHub spreads digital literacy awareness among migrant workers
[SINGAPORE] Learning how to remit money digitally and spotting scam messages through gamification – these were some of the programmes conducted at a StarHub event on Sunday (Apr 27) for about 600 migrant workers. Held at Kranji Recreation Centre with support from the Ministry of Manpower's Assurance, Care and Engagement Group, the event was organised to mark Labour Day and was part of the company's 25th anniversary celebrations. A StarHub spokesperson said: 'As StarHub evolves from a telco to a technology company, we believe our responsibility goes beyond keeping people connected. Everyone should have the confidence to navigate the digital world safely and that includes our migrant worker community.' The highlight of the event was the live screening of a cricket match in India. A majority of the attendees said that they enjoyed watching it with their friends as the sport is a strong connection to their homes and communities, added the spokesperson. This marks the company's third cricket screening for the migrant worker community since 2023. PHOTO: STARHUB This marks the company's third cricket screening for the migrant worker community since 2023. This year's event placed an emphasis on digital empowerment. In addition to distributing prepaid SIM cards, StarHub introduced a Stay Cyber-Sharp booth to raise digital safety awareness. Western Union, the official cricket broadcast sponsor, also joined in with a booth to promote more reliable and safer remittance practices. When asked about future plans, the spokesperson said: 'StarHub will continue to explore opportunities to engage migrant workers through experiences that combine entertainment with empowerment, such as digital literacy efforts, social inclusivity and online safety education.' The event was conducted in line with the company's refreshed corporate social responsibility charter, whereby the initiative aimed to align with the business objectives and values of StarHub and deliver impactful societal outcomes to address community needs.


Business Journals
24-04-2025
- Business
- Business Journals
Retail tech company Stackline takes top floors in Seattle tower
By submitting your information you are agreeing to our Privacy Policy and User Agreement . Join the Puget Sound Business Journal to unlock even more insights! "It's definitely our expectation this will be our long-term headquarters," the CEO says. Artificial intelligence-enabled retail intelligence and activation platform Stackline on Thursday showed off its new headquarters space on the top two floors of downtown Seattle's Madison Centre. "It's definitely our expectation this will be our long-term headquarters," company CEO Michael Lagoni said in an interview. The fact there's room to grow in the 36-story building "was a big selling point for us." The company was scheduled to tour more space in the building Thursday afternoon, Stackline Vice President of Finance Jonathan Jolley said. Around 80% of the tower at 920 Fifth Ave. is leased. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Stackline is subleasing floors 35 and 36 from online insurance company Assurance, which leased the space in 2019, reportedly for an annual gross rental rate of $65 a square foot, which at the time was among the highest rates in the region. Terms of the sublease were not disclosed, but based on when Assurance inked its deal, it's likely seven years are left on lease, which includes a private rooftop space. It's a far cry from the tiny Capitol Hill apartment where 11 years ago Lagoni launched the firm, which builds subscription-based e-commerce tools for thousands of the largest consumer brands and retailers. Among them are Apple, Starbucks, General Mills, Sony, Nike and others. "We didn't even have room for a dinner table. My wife and I just ate dinner on the floor every night those first two years while we were bootstrapping the company," Lagoni said. Since then the company has grown to 250 employees globally, with around 155 people working at the Seattle headquarters. Others offices are in Minneapolis, New York City, Salt Lake City, London and Buenos Aires, Argentina. The timing of the company's launch was impeccable, coming as e-commerce was about to explode. Online retail sales have grown from about 1% of the U.S. market to about 35%, according to Lagoni, who previously worked at Amazon. "We were profitable by the end of our first day, and we've been profitable ever since," he added. In 2020, Stackline received its first outside investment, $50 million from Goldman Sachs Asset Management. The following year Stackline received a $130 million investment from TA Associates. Goldman and TA acquired minority shares in Stackline, which is majority owned by employees. The 44,000-square-foot deal is one of the largest in-city tech leases over the last year. JLL brokers Sam Dommer and Doug Hanafin represented Stackline. "It's refreshing to see a high-tech company making a long-term commitment to downtown Seattle," Hanafin said. Stackline will move next month out of around 58,000 square feet from nearby F5 Tower. Stackline wasn't using all the space there. Stackline says the move to Madison Centre is long-term commitment to foster collaboration, innovation, and provide an exceptional employee experience. For more stories like this one, sign up for the Business Journal's free morning and afternoon daily newsletters or download our free app.


Zawya
13-03-2025
- Business
- Zawya
HL Assurance Becomes First in Singapore to Launch Core Travel Insurance Coverage Add-Ons
HL Assurance addresses key concerns for the modern traveller in their new combination of essential travel insurance add-ons. SINGAPORE - Media OutReach Newswire - 13 March 2025 - Singaporeans can now travel with greater assurance. HL Assurance announces the launch of three essential travel insurance add-ons, enhancing its comprehensive travel protection suite. Consisting of pre-existing medical conditions coverage, reduced flight delay payout time, and protection for loss of frequent flyer miles, HL Assurance strengthens its role as a leading voice in travel insurance, becoming the first insurance provider in Singapore to offer this essential combination of travel add-ons. Addressing the Demand for Adaptive Travel Protection in a Post-Pandemic World Changi Airport closed 2024 with 67.7 million passenger movements, nearing a full recovery from 2019 records. With travel resuming to pre-pandemic levels, unexpected flight delays, medical issues, and trip disruptions remain a concern. Notably, flight delays impacted 37 per cent of flights worldwide. Moving away from a one-size-fits-all model, travellers now seek faster claims processing, flexible coverage, and relevant protection. Rising concerns include coverage for pre-existing medical conditions and protection for travel rewards. "We believe that insurance should evolve with the needs of today's travellers," said HL Assurance CEO Kelvin Lim. "Our new travel add-ons are designed to address real concerns—whether it's ensuring pre-existing medical conditions are covered, allowing earlier claims for flight delays, or protecting valuable travel rewards." How the New Add-Ons Work The "Pre-existing medical conditions" add-on provides expanded protection for travellers with ongoing health issues, while the "Reduced flight delay payout time" add-on allows claims after just three hours of delay, down from the standard six. Lastly, the "Loss of frequent flyer miles" add-on safeguards valuable travel rewards, ensuring that frequent flyers don't lose accumulated miles due to cancellations. Special Launch Benefits for Travelers As part of the launch of these enhanced travel protection options, HL Assurance is offering travellers a series of exclusive benefits to provide added security on their journeys. For a limited period, single-trip plans will be available at a reduced rate (up to 55 per cent), and returning customers can enjoy reduced premiums on future plans through their No Claim Discount (NCD) benefit. Furthermore, travellers who purchase their Travel Protect360 plans from now until June 2025 may stand a chance to win complimentary flight tickets to a dream vacation of their choice. Kelvin Lim believes that a customer-first approach has allowed them to address long-standing customer concerns. "This is part of our commitment to transforming the travel insurance experience—making it more flexible, relevant, and seamless for every journey," said Lim. HL Assurance's new travel insurance add-ons will be available from 13 March 2025, as part of their Travel Protect360 plans. Visit the HL Assurance website or contact your authorised agent for a consultation. Hashtag: #HLAssurance The issuer is solely responsible for the content of this announcement. HL Assurance HL Assurance Singapore is a trusted provider of comprehensive general insurance solutions, offering reliable protection for individuals and businesses. As part of the Hong Leong Group, the company provides innovative, customer-first insurance with flexible coverage and seamless digital experiences. Its portfolio includes travel, home, maid, motor, and business insurance, offering simple, accessible, and hassle-free protection for every need. Learn more at HL Assurance