Latest news with #Scoreboard
New Straits Times
2 days ago
- Business
- New Straits Times
PNB named top Malaysian sovereign investor, 17th globally in global SWF rankings
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has been recognised as the top Malaysian sovereign investor and ranked 17th globally in the 2025 GSR (Governance, Sustainability, and Resilience) Scoreboard published by United States-based research firm Global SWF. The GSR Scoreboard has become the measuring stick of best practices among state-owned investors around the world. It evaluates more than 200 sovereign wealth funds (SWF) and public pension funds worldwide on governance practices, sustainability commitments and institutional resilience. In a statement today, PNB said it received an overall score of 84 per cent, including a perfect 10 out of 10 for sustainability, in recognition of its climate targets, environmental, social and governance (ESG) integration, and transparency in reporting. "The ranking reflects the significant progress PNB has made in strengthening governance, embedding sustainability across its investment processes, and enhancing its long-term institutional resilience," it said. PNB deputy president and group chief executive Datuk Rick Ramli said the ranking reflects the fund's ongoing efforts to incorporate responsible and sustainable practices in its operations and investment activities. "It is also a strong encouragement for us to continue pushing for long-term value creation for our unit holders and the wider Malaysian economy, in line with PNB's purpose of uplifting the financial lives of Malaysians across generations," he said. PNB said that notable progress includes a 98 per cent reduction in Scope 1 and 2 emissions from its 2022 baseline, in line with its target to achieve net zero operations by 2025. On portfolio-level targets, PNB has pledged to achieve a net-zero investment portfolio by 2050 and has so far channelled RM5.5 billion into green and transition assets, representing 55 per cent of its RM10 billion target by 2030. PNB has also implemented a living wage policy for its employees since 2023 and is now encouraging its investee companies to adopt similar practices under the government's GEAR-uP initiative. -- BERNAMA
Barnama
3 days ago
- Business
- Barnama
PNB Named Top Malaysian Sovereign Investor, 17th Globally In Global SWF Rankings
BUSINESS KUALA LUMPUR, July 16 (Bernama) -- Permodalan Nasional Bhd (PNB) has been recognised as the top Malaysian sovereign investor and ranked 17th globally in the 2025 GSR (Governance, Sustainability, and Resilience) Scoreboard published by United States-based research firm Global SWF. The GSR Scoreboard has become the measuring stick of best practices among state-owned investors around the world. It evaluates more than 200 sovereign wealth funds (SWF) and public pension funds worldwide on governance practices, sustainability commitments and institutional resilience. In a statement today, PNB said it received an overall score of 84 per cent, including a perfect 10 out of 10 for sustainability, in recognition of its climate targets, environmental, social and governance (ESG) integration, and transparency in reporting. 'The ranking reflects the significant progress PNB has made in strengthening governance, embedding sustainability across its investment processes, and enhancing its long-term institutional resilience,' it said. PNB deputy president and group chief executive Datuk Rick Ramli said the ranking reflects the fund's ongoing efforts to incorporate responsible and sustainable practices in its operations and investment activities. 'It is also a strong encouragement for us to continue pushing for long-term value creation for our unit holders and the wider Malaysian economy, in line with PNB's purpose of uplifting the financial lives of Malaysians across generations,' he said. PNB said that notable progress includes a 98 per cent reduction in Scope 1 and 2 emissions from its 2022 baseline, in line with its target to achieve net zero operations by 2025. On portfolio-level targets, PNB has pledged to achieve a net-zero investment portfolio by 2050 and has so far channelled RM5.5 billion into green and transition assets, representing 55 per cent of its RM10 billion target by 2030. PNB has also implemented a living wage policy for its employees since 2023 and is now encouraging its investee companies to adopt similar practices under the government's GEAR-uP initiative.
Business Wire
30-06-2025
- Business
- Business Wire
Global SWF Reevaluates Best Practices of Sovereign Investors; Nine Funds Demonstrate Excellence.
NEW YORK & SINGAPORE--(BUSINESS WIRE)--Today, Global SWF has published the sixth edition of its GSR (Governance, Sustainability, and Resilience) Scoreboard, which has become the measuring stick of best practices among State-Owned Investors around the world. The report is available on The annual exercise analyzes the world's 200 largest Sovereign Wealth Funds and Public Pension Funds, which manage US$ 29.4 trillion on behalf of 80 countries. The assessment is based on 25 different elements that are answered binarily based on public information only, and that this year led to the following results: The average GSR score of all funds stayed flat at 61%. Sustainability scores continue to rise, but the average Governance score slightly dropped due to transparency issues. Geopolitics and trade tensions are taking over from sustainability as key concerns of the C-suite at Sovereign Investors, some of which are turning more domestic, isolated, and opaque. Seven new institutions committed to net zero goals by certain timeline in the past 12 months – however, only 35% of the 200 Sovereign Investors are pursuing such targets. Regions showing best practices (North America, Europe and Oceania) continued to do better, while regions failing the GSR test (Latam, Middle East, Africa, and Asia) scored worse than last year. Dilhan Pillay Sandrasegara, Executive Director and CEO of Temasek Holdings, commented: ' We are honoured to receive this recognition as one of the top-scoring investors for the third year running. Global SWF's independent assessment to address key areas such as transparency and accountability, impact and responsible investing, and long-term survival is aligned to Temasek's focus on governance, sustainability and resilience. As stewards of our assets, Temasek will continue to focus on good governance practices and strengthen the resilience of our portfolio amidst the tumultuous uncertainties, geopolitics and trade tensions. We are encouraged by the consistent efforts of the Global SWF to encourage the sharing of best practices amongst our global peers, as we endeavour to contribute towards a more sustainable and resilient world for this and future generations.' Gordon J. Fyfe, CEO and CIO of BCI, stated: 'For 25 years, strong governance and responsible investing practices have underpinned BCI's approach – enabling us to deliver for our clients and create enduring value in British Columbia and beyond. Earning this recognition for a second consecutive year reflects our continued commitment to excellence and accountability, and we're proud to stand alongside a growing list of industry leaders.' Jo Townsend, CEO of the Guardians of New Zealand Superannuation, added: ' The GSR scoreboard is based on a rigorous and comprehensive evaluation of factors that we believe are crucial to our long-term success. We regard it as an important benchmark, and I am very pleased to see the team's hard work recognized by Global SWF. ' Aminu Umar‑Sadiq, Managing Director & CEO of NSIA, said: ' NSIA has consistently navigated several cycles of global economic uncertainties, volatile markets, and geopolitical complexities. The Authority has embraced a proactive approach to resilience by diversifying its asset allocation, incorporating a systemic risk mitigation strategy, and rolling out a successful domestic program cutting across a plethora of sectors. ' Diego López, Founder and Managing Director of Global SWF, concluded: ' We are strongly committed to contributing to the advancement of the industry with our GSR Scoreboard, which is the only annual and independent evaluation of best practices among State-Owned Investors. The nine perfect scorers of 2025 demonstrate that SOIs can excel and drive positive change in a variety of regions and frameworks.' The report will be officially presented in an in-person event in Singapore, on Tuesday, July 8. Parties interested in attending can contact the representatives of Global SWF for further details. About Global SWF Global SWF LLC, which turns seven years old today, is an industry specialist that promotes a better understanding of and connectivity into State-Owned Investors through its data platform and monthly reports. The firm also provides consulting services and runs exclusive events and an executive education program, the SWF Academy, for delegates of Sovereign Investors. For more details, please visit
Zawya
02-06-2025
- Politics
- Zawya
Sport Impact Summit unveils powerful AI partnerships to support UAE Climate Law implementation
Dubai, UAE – The Sport Impact Summit (SIS) has announced two major strategic partnerships with Scoreboard, sport's leading AI-powered sustainability platform, and Hum(AI)n Assets, an innovative AI-driven content creation platform that fuses human creativity with artificial intelligence – together these industry leading platforms provide new levels of support for the implementation of the UAE's newly announced Federal Decree-Law No. (11) of 2024 on the Reduction of Climate Change Effects. Developed by a team of industry leaders with over 90 years of collective expertise in decarbonisation, climate science, AI, and global sports operations, Scoreboard revolutionizes traditional emissions tracking. What once took 90 days can now be completed in just 90 minutes – while delivering 90% cost savings. Designed initially for elite sports organizations and now scalable across sectors, the platform equips users to measure, report, and reduce their carbon emissions in alignment with national and international climate goals. Backed by sustainability architects behind decarbonisation strategies for global brands such as Unilever, Tesco, Pfizer, and over 50 global brands, Scoreboard now anchors SIS's commitment to technology-led environmental progress. Platform Highlights: Real-Time Dashboards: Breaks away from outdated retrospective annual reporting models Custom Roadmaps: Baseline assessment to strategic implementation in minutes AI-Driven Coaching: Practical guidance from specialist virtual sustainability experts Commercial Edge: Converts sustainability leadership into brand and partner sponsorship marketplace Scalability: From elite sports clubs to enterprise-wide corporate adoption Adding significant AI expertise to the SIS team is the Hum(AI)n Assets platform developed by leading UAE experiential agency HOKO. HOKO is a global creative agency that blends cultural insight with sharp execution - delivering brand, content, and event experiences that drive results. From high-impact campaigns to unforgettable activations, they help ambitious brands show up, stand out, and stay relevant. Their new joint venture project, Hum(AI)n Assets, is a creative engine merging the best of all digital asset worlds: The craft of traditional agencies, the agility of freelancers, and the speed of AI. The result? High-quality content - images, video, and copy - delivered fast, flexibly, and at scale. Hoko Agency is an equity partner of Sport Impact Summit who is helping to develop this IP under its portfolio that includes Hum(AI)n Assets. Relevance to UAE Law As the UAE sets a new regional benchmark for climate accountability through Federal Decree-Law No. (11) of 2024, SIS new AI partners offer a ready-to-deploy, action-based solution for public and private organizations alike. These partnerships exemplify the convergence of policy, innovation, and purpose – positioning sport as a catalyst for national climate leadership. 'We are delighted to expand our partnership family with the launch of these unique and innovative platforms,' said Michael Gietzen, Co-Founder of the Sport Impact Summit. 'Scoreboard perfectly complements the mission of our Sport Impact Declaration—a collaborative framework signed with the Ministry of Sport during the 2024 Summit in Dubai, and Hum(AI)n Assets delivers new levels of thought leadership and creativity to the industry. Through these partnerships, all Declaration signatories will gain preferential access to the Scoreboard platform and our cutting-edge tools.' Sean Morris, Founder of Scoreboard and sustainability veteran with leadership roles in Formula One, Professional Cricketers' Association (PCA), and Rajasthan Royals, added: 'As the UAE leads the region with progressive climate legislation, Scoreboard offers a timely and transformative solution. We built Scoreboard to empower organizations – starting with sporting bodies – to take game changing, measurable and cost-effective action. Our platform reduces reporting time from months to minutes, ensuring transparency, accountability, and delivering real impact.' "We believe creativity should move at the speed of relevance. Partnering with the Sport Impact Summit means we're not just creating content - we're creating momentum. Together, we're showing how AI and human talent can drive real-world change, aligned with the UAE's bold climate agenda." Concluded Bally Singh, Chairman of Hoko Agency and Founder, Hum(AI)n Assets. To learn more, please visit the websites: and About the Sport Impact Summit: The Sport Impact Summit (SIS) is a global platform at the forefront of driving sustainability, innovation, and social impact through the world of sport. Founded in the UAE, SIS brings together industry leaders, athletes, policymakers, investors, and innovators to explore how sport can be a powerful catalyst for climate action, technological advancement, and inclusive progress. Since its launch, SIS has rapidly grown into a leading voice in the global sport and sustainability movement. Its inaugural 2024 edition, held in Dubai, UAE. The event was graced by the presence of Sheikh Suhail Bin Butti Suhail Al Maktoum, Executive Director of the Sports Development Sector at the General Authority of Sports. And brought together over 200 global leaders, industry experts, and world-class athletes. The Sport Impact Summit (SIS) is on a bold mission to unite action and inspire 1 billion people to join the movement by leveraging the universal power of sport to drive meaningful change across seven transformative pillars. Innovation and Technology, Sustainable Sponsorship, Education and Communication, Human Health, Equality and Inclusion, Green Investment, and Legacy. Together, these pillars form the foundation of SIS's mission to use the power of sport to drive global impact and lasting change. Further information and media requests: For further information or to request an interview, please contact: BUZ (on behalf of Sport Impact Summit) Lawson Louis, PR Associate lawson@
Gulf Business
02-06-2025
- Business
- Gulf Business
Sport Impact Summit partners with AI pioneers to support UAE climate law
Image: Getty Images The UAE-based Sport Impact Summit is stepping up support for the country's new climate law by partnering with two AI innovators to help organisations cut emissions and scale sustainability efforts. Both platforms are being integrated into the SIS ecosystem to support implementation of Federal Decree-Law No. (11) of 2024 on the Reduction of Climate Change Effects. Sean Morris Founder of Scoreboard and former sustainability lead for Formula One, the PCA, and Rajasthan Royals AI-powered sustainability through Scoreboard Built by a team with over 90 years of combined expertise in climate science, decarbonisation, artificial intelligence and global sport, Scoreboard significantly reduces the time and cost of emissions reporting — from 90 days to 90 minutes, at 90 per cent lower cost. Initially developed for elite sports organisations, the platform has now been scaled to support wider sectors. It provides real-time data dashboards, AI coaching tools, and commercial opportunities tied to sustainability leadership. Backed by climate specialists behind decarbonisation strategies for Unilever, Tesco, Pfizer and more than 50 global brands, Scoreboard plays a key role in SIS's push for technology-led environmental progress. Key features include: ● Real-time dashboards that replace outdated annual reporting ● AI-powered coaching tools for emissions reduction ● Instant custom roadmaps ● Brand and sponsor marketplace for sustainability leadership ● Scalability across sports and corporate sectors 'Scoreboard perfectly complements the mission of our Sport Impact Declaration — a framework signed with the Ministry of Sport at our 2024 Dubai summit,' said Michael Gietzen, co-founder of the Sport Impact Summit. 'Declaration signatories will gain preferential access to Scoreboard and other SIS tools.' Sean Morris, Founder of Scoreboard and former sustainability lead for Formula One, the PCA, and Rajasthan Royals, added: 'We built Scoreboard to empower organisations — starting with sporting bodies — to take game-changing, measurable, and cost-effective action.' Creative at the speed of AI Also joining the SIS technology roster is Hum(AI)n Assets , a content-generation platform blending the strategic direction of traditional agencies with the speed and flexibility of AI. Developed by HOKO, the platform delivers content — including imagery, video, and copy — at scale and on demand. HOKO is an equity partner in the SIS initiative and is developing Hum(AI)n Assets under its portfolio. 'We believe creativity should move at the speed of relevance,' said Bally Singh, chairman of HOKO and Founder of Hum(AI)n Assets. 'Together with SIS, we're showing how human talent and AI can align with the UAE's bold climate agenda.' Backing UAE climate action The two platforms offer public and private sector organisations ready-to-deploy tools for both reporting and storytelling — helping to operationalise the UAE's national climate commitments. 'These partnerships exemplify the convergence of policy, innovation, and purpose,' said Gietzen. 'Sport has the power to lead by example — and through platforms like these, we're enabling exactly that.' About the Sport Impact Summit Founded in the UAE, the Sport Impact Summit is a global platform focused on driving sustainability, innovation, and social impact through sport. Its 2024 debut in Dubai welcomed more than 200 leaders and athletes, including Sheikh Suhail Bin Butti Suhail Al Maktoum, Executive Director of the Sports Development Sector at the General Authority of Sports. SIS's mission is to inspire one billion people to join its movement across seven pillars: innovation and technology, sustainable sponsorship, education and communication, human health, equality and inclusion, green investment, and legacy. Read:
