I-Bytes Business services industry

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I-Bytes
Business services
September Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates.................................................................................................................................................8
3. Rewards and Recognition Updates..................................................................................................................14
4. Customer Updates.............................................................................................................................................24
5. Partnership Ecosystem Updates......................................................................................................................30
6. Miscellaneous Updates.....................................................................................................................................40

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Financial, M & A
Business services Industry

Financial, M&A Updates
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Ashtead Group (UK): Unaudited results for the first quarter ended 31 July 2020
• Resilient performance during the COVID-19 pandemic
• Operating profit of £249m (2019: £358m)
• Pre-tax profit2 of £208m (2019: £319m)
• Earnings per share2 of 34.7p (2019: 51.4p)
• Record free cash flow of £447m (2019: £161m)
• Net debt to EBITDA leverage1,3 of 1.8 times (2019: 1.8 times)
• Resumed greenfield opening programme with three openings
Executive Commentary
Ashtead’s chief executive commented: “In a quarter of ongoing market and operating
environment challenges, our dedicated team members throughout North America and the
United Kingdom once again delivered for all our stakeholders. I am extraordinarily proud
of, and grateful for their collective response and execution, doing so while keeping our
leading value of safety at the forefront of all we do. In these challenging markets, the Group
delivered a strong quarter with rental revenue down only 8% at constant exchange rates.
This resilient performance illustrates the successful execution of our long-term strategy,
which we embarked upon after the last recession, to broaden and diversify our end markets
and strengthen our balance sheet. This positioned us to capitalise on our ever increasing
scale, while remaining agile, particularly during these unprecedented times. The actions we
took to optimise cash flow, reducing capital expenditure and operating costs, resulted in
record free cash flow for the first quarter of £447m (2019: £161m) contributing to reduced
leverage of 1.8 times compared to 1.9 times at year end. Looking forward, the strength of our
business model and balance sheet positions the Group well in these more uncertain markets.
Assuming there is no significant COVID-19 second wave leading to major market
shutdowns, like we experienced earlier this year, we expect full-year Group rental revenue
to be down mid to high single digits when compared with last year on a constant currency
basis. The benefit we derive from the diversity of our products, services and end markets,
coupled with ongoing structural change, enables the Board to look forward to a year with
free cash flow in excess of £1bn, continued strengthening of our market position and the
medium term with confidence.”
1
Key Financial Highlights

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Bunzl (UK) Agrees To Acquire Us Based Safety Business And Flexible Packaging
Distributor In Ireland
Bunzl plc, the specialist international distribution and services Group, announces that it has
entered into agreements to acquire a US based safety business and a flexible packaging
distributor in Ireland. MCR Safety, which is based in Memphis, Tennessee, is engaged in the
distribution of a variety of largely own brand personal protection equipment and other safety
products to distributors operating in a number of end user markets. In addition to the main
US facility in Memphis and another in Arkansas, the business has operations in Mexico,
Canada, the UK, the Netherlands, Colombia and Costa Rica. The products supplied are
principally gloves, eye protection and workwear. In 2019, the aggregate revenue for the
businesses to be acquired, which overall trade at well above the North America business area
average operating margin, was US$248 million. Approximately 80% of the revenue relates
to sales in the US. It is expected that the acquisition will be completed at the end of August
2020. Abco Kovex is a distributor of flexible packaging based in Dublin, Ireland but with
operations also in the UK and is principally engaged in the sale of items such as stretchfilm,
polythene and paper packaging and pallet wrap to a variety of end users in the food,
construction, packaging, foodservice and pharmaceutical sectors. Revenue in 2019 was €23
million. Completion of the acquisition is subject to clearance of the transaction by the Irish
competition authority.
Commenting on the proposed acquisitions, Chief Executive Officer of Bunzl, said: “The
acquisition of MCR Safety is an important development for Bunzl. It is a high quality
business with a strong leadership team and well established portfolio of own brand
products which will complement our existing product range and significantly strengthen
and expand our safety operations both in the US and elsewhere. The proposed
acquisition of Abco Kovex will also complement our existing operations as it will
enhance our product offering and expand our customer base both in Ireland and the UK
which in turn will allow some cross-selling opportunities. With an experienced and
knowledgeable management team, the business differentiates itself through continuous
product innovation with a focus on sustainability. We look forward to welcoming both
businesses and their employees to Bunzl.”
Description
2

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Bunzl (UK): Half Yearly Financial Report For Six Months Ended 30 June 2020
• Strong and resilient performance despite Covid-19 challenges with revenue up 7.0%,
6.7% at constant exchange rates, and double digit increases in adjusted operating profit*
and adjusted earnings per share*
• Adjusted profit before income tax* up 16.6% at constant exchange rates to £306.8
million
• Operating margin* 7.0%, up 30 basis points on a reported basis and 40 basis points at
constant exchange rates
• Return on average operating capital* and return on invested capital* increased to
39.7% and 14.4% respectively
• Continued strong cash conversion* of 112% with net debt to EBITDA only 1.6x (1.9x
at end of 2019)
• 27 year track record of dividend growth continues with the reinstatement of the 2019
final dividend of 35.8p per share as an additional interim dividend for 2019 and interim
dividend for 2020 up 1.9% to 15.8p per share
• Acquisition activity has resumed with the proposed acquisition of MCR Safety and
Abco Kovex announced today and a number of ongoing discussions taking place with a
promising pipeline of potential opportunities
Commenting on results, Chief Executive Officer of Bunzl, said: “Despite the
unprecedented challenges experienced as a result of the Covid-19 pandemic during
the first half of the year, these results have once again demonstrated the strength of
our customer proposition and supply chain and the resilience of our business model
and consistent and proven strategy. Throughout this period, a key priority has been
the continued safety and wellbeing of people connected with our business including
Bunzl colleagues, customers and suppliers. I have been greatly impressed by our
tireless, dedicated and hardworking colleagues around the world as they have had to
adapt their usual working practices to respond to the unprecedented demands placed
on our business. Looking forward, although there remains considerable uncertainty,
we expect to face challenging trading conditions during the second half of the year.
However the fundamental aspects of our business model remain attractive with the
Group’s strong cash generation allowing us to maintain Bunzl’s long track record of
dividend growth and continue our compounding strategy of consolidating the
Group’s fragmented markets through focused acquisitions.”
3

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Recruit Holdings Co., Ltd. (Japan): Financial Results For Q1 FY2020
• Consolidated revenue of 475.4 billion yen (-20.0%), adjusted EBITDA of 53.4 billion yen (-38.8%), adjusted EPS of 17.49 yen (-47.5%).
• Operating income significantly decreased due to decreased revenue and 9.8 billion yen of other operating expenses. Other operating expenses include additional
non-recurring expenses arising from COVID-19 related measures and a loss on the sale of a subsidiary.
• Reduced SG&A expenses by 44.0 billion yen yoy which was driven mainly by reduced advertising expenses and promotion expenses, as well as lower sales
commissions which were directly correlated to revenue.
HR Technology:
• Revenue decreased by 27.5% yoy and by 25.8%(1) yoy in US dollar terms. Revenue decline was primarily driven by a decrease in sponsored job advertising and
reduced demand for recruiting solutions.
• Adjusted EBITDA decreased by 59.4% yoy, primarily driven by the decline in revenue. Adjusted EBITDA margin was 10.6% (18.9% in Q1 FY2019).
• Continued reduction of investments in sales and marketing and hiring pause since March.
Media & Solutions:
• Revenue decreased by 29.1% yoy. Revenue in both Marketing Solutions and HR Solutions decreased.
• Adjusted EBITDA decreased by 45.4% yoy, primarily due to decreased revenue in both operations. Adjusted EBITDA margin was 20.6% (26.7% in Q1 FY2019).
• Implemented quick and flexible cost controls, mainly by reducing marketing expenses while focusing on capturing enterprise clients' present and future demand for
resuming their advertising and hiring activities.
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SGS (Switzerland) Acquires Groupe Moreau, France
SGS is pleased to announce the acquisition of Groupe Moreau, headquartered in
Indre-et-Loire, France. The acquisition comprises B.C.L. Contrôle Technique,
A.S.M. Contrôle Technique and Contrôle Technique RIALTO – C.T.R. Privately
owned Groupe Moreau operates 22 vehicle inspection services (VIS) centers in the
region, employing 32 people. In 2019, the group performed 47,000 road safety
inspections annually and generated revenue of over EUR 2.8 million. SGS is the
leading provider of vehicle testing in France through its network comprising Auto
Securité, Sécuritest and Vérif’Autos. Following this acquisition, SGS VIS France
will own 96 VIS centers, employ approximately 220 people and perform over
360,000 inspections annually.
“This acquisition follows on from CTA Gallet in June, further consolidating
SGS’s market leading position in vehicle inspection services in France,” said
CEO of SGS. “It enhances our service center network across France and provides
a more comprehensive service offering for our customers.”
Description
5

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Sunevision Holdings Ltd. (Hong Kong) announces financial year 2019/20 final results
• Revenue from continuing operations increased 10% year on year to HK$1,714 million
• EBITDA from continuing operations increased 18% year on year to HK$1,186 million,
mainly driven by EBITDA from data centre business
• Underlying profit from continuing operations increased 11% year on year to HK$694
million
• Underlying profit attributable to owners of the Company increased 6% year on year to
HK$709 million
• Final dividend of HK17.50 cents per share, 6% increase year on year
• Power capacity enhancement by as much as 40% at MEGA-i, one of the most
connected data centre hubs in Asia, is targeted to complete before the end of 2020. This
upgrade will be a big boost to the Group’s connectivity business growth in coming years
• The new sites TWTL 428 in Tsuen Wan and TKOTL 131 in Tseung Kwan O are
targeted to complete construction by phases starting in 2022
• Upon completion of these projects, total GFA of the Group’s data centres will double
to approximately 2.8 million square feet, while total IT load power capacity of the Group
will more than triple. It will ensure that our customers have room for fast expansion as
they grow.
Chief Executive Officer of SUNeVision, said: “As the COVID-19 pandemic took
hold, most economic activities worldwide have moved from in-person to virtual
online communications, which resulted in a significant surge in data traffic and
demand for a higher network performance requirement worldwide. The Group
expects all these changes in commercial and consumer behaviour will be reflected
positively in the Group’s operating performance in the coming few years.”
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Weyerhaeuser (USA) To Enhance Oregon Timberland Holdings
Weyerhaeuser Company announced it has entered into two distinct agreements to
purchase timberlands from and sell timberlands to funds managed by Hancock
Natural Resource Group, a Manulife Investment Management company. The
company is purchasing approximately 85,000 acres of timberlands in mid-coastal
Oregon in one transaction, and selling 149,000 acres of timberlands in southern
Oregon in a second transaction. The net cost of these two separate transactions is
approximately $40 million in cash.
"These two agreements represent a unique opportunity to further enhance
Weyerhaeuser's Western timberlands portfolio with exceptional land that is
contiguous with our existing ownership," said President and chief executive
officer. "Through these transactions, we are acquiring highly productive
timberland with low operating costs and strong access to key domestic and
export markets, and we expect them to deliver immediate and long-term value
for our shareholders."
Description
7

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Solutions Updates

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Solution Updates
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Experian (Ireland) Enhances its Economic Response and Recovery Suite to Help
Lenders Navigate Market Volatility Due to COVID-19
8
Solution Description
As the financial services industry navigates the market volatility surrounding COVID-19, Experian® has enhanced its offerings within its Economic
Response and Recovery Suite to help lenders assess and swiftly respond to changing behaviors so they can support consumers and businesses. The new
updates include the addition of Experian’s new Spotlight 2020 Attributes and the Ascend Market Insights Dashboards. Driven by high unemployment
and uncertainty, the behaviors of U.S. consumers and small business owners have drastically changed. It’s vital that lenders gain a full view of
consumers and businesses so they can help keep the credit economy flowing while helping those who need it most. Through this regularly updated suite,
lenders have access to the most predictive data, technology and analytics available.
The Experian Economic Response and Recovery Suite includes:
Response and recovery analytics and technology
Experian continues to deliver near real-time analytics that lenders depend on when examining a consumer’s profile. Experian’s predictive data is
tailored to best reflect the latest economic conditions with considerations for market volatility. In addition, Experian is offering insights and the most
current data based on market changes to help identify macroeconomic forecasts and model portfolio predictiveness. The suite also includes Experian’s
new Spotlight 2020 Attributes, a collection of proprietary data sets that enable lenders to create a positive experience for customers who have taken an
accommodation due to financial hardship. Through our innovative technology, our models and solutions can be rapidly deployed using the most
advanced modeling methods and artificial intelligence.

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Solution Updates
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Experian (Ireland) Launches Quick Launch Contact Data Verification Integration for
Salesforce Commerce Cloud
9
Experian has rolled out its market-leading address, email, and phone validation as part of the Salesforce Quick Launch program. This program
allows for the fast and easy implementation of Experian’s contact data quality products directly within Salesforce Commerce Cloud. While
data is believed to be one of the most valuable assets, many organizations still struggle with the level of data accuracy within their systems.
According to Experian’s recent Global Data Management report, on average, companies believe 28 percent of their data is inaccurate. In
addition, only half believe that the information in their CRM and/or ERP system is clean and can be fully leveraged. The purpose of Experian’s
address, email, and phone validation is to ensure that important customer contact information is collected accurately, at the point of capture.
This means that information put through Commerce Cloud is trustworthy, validating customer fulfillment, communications, loyalty programs
and location intelligence.

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Solution Updates
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FIS (USA) Speeds Access to Advanced Technology for Community Banks with New
ClearEdge Solution
10
As U.S. community banks position themselves for success in a post-pandemic marketplace, financial technology leader FIS™ announced
a new subscription-based core banking solution that speeds and simplifies access to the advanced technology these banks need to compete
and better serve the changing needs of their customers. Called ClearEdge, the new solution offers community banks a pre-integrated,
comprehensive bundle of technologies for operating a highly efficient, modern bank and providing a superior customer experience—all
available via an affordable, flat-fee, month-to-month subscription model. Qualifying banks can choose from pre-defined, pre-priced
bundled solutions comprising a range of core processing, payments processing, digital functionality, image and item processing, decision
intelligence and regulatory compliance technologies. ClearEdge leverages FIS’ recently announced simplified pricing and contracting
model to streamline the contracting process for community banks with limited resources. ClearEdge core banking contracts provide
optimal flexibility with no required term lengths, liquidated damages and exclusivity requirements as well as clearly defined fees around
deconversion services.

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Solution Updates
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Johnson Controls (Ireland) Launches OpenBlue Healthy Buildings To Ensure Safer
Buildings As People Return To Work
11
Johnson Controls, the global leader for smart and sustainable buildings, announced it will launch a comprehensive suite of digital solutions, called
OpenBlue Healthy Buildings, to make shared spaces safer as people begin to return to offices. Combining 135 years of building systems expertise with
cutting edge technology, these solutions protect and instill confidence in building occupants and visitors, minimize disruption should employees test
positive for COVID-19, and accelerate building re-occupancy by automating and streamlining safety protocols. Additionally, customers will be able to
maximize occupancy targets while maintaining safety, understand how their spaces are used and repurposed easily based on data, and help employees
be more productive when they are in the office. OpenBlue Healthy Building solutions, which are integrated but can also be deployed modularly, include
a combination of hardware and software – such as smart equipment, digital sensors, security systems, cameras, monitors, powerful analytics and
dashboards, infection control and other connected devices – as well as a mobile app to manage spaces and occupant experiences. The Workplace
solution is developed using Privacy by Design and supports Privacy by Default. Johnson Controls OpenBlue platform – launched in July 2020 – was
designed with agility, flexibility and scalability in mind, to enable buildings to become dynamic spaces. In leveraging the platform, customers will be
able to manage operations more systemically, delivering buildings that have memory, intelligence and unique identity.

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Solution Updates
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IQUISPIN app, available now for free download, breathes new life into 360-degree cameras; App
contest will award up to 50 brand-new 360-degree cameras to winners
12
Vecnos Inc., the visual revolution company spun out of Ricoh Company, Ltd., launched IQUISPIN, a smartphone app that allows users to easily create and
share one-of-a-kind short videos with automated motion and effects using images taken with any 360-degree camera. IQUISPIN is available free of charge
for iOS and Android devices. The breakthrough IQUISPIN app breathes new life into 360-degree cameras, overcoming the limitations users face in sharing
their photos over social media, as most platforms lack support for the 360-degree file format. The app converts still 360-degree photos into a several-second
MP4 motion video clip with a small file size for easy sharing on any social media platform, as well as email and text. The resulting videos are fun, creative
and optimized for sharing. The IQUISPIN app provides a selection of various dynamic motion patterns and an array of effects, opening up new opportunities
for existing 360-degree images to be enhanced and enjoyed. It is expected to appeal to a younger demographic, especially Millennials and Gen Z. Here’s how
it works: IQUISPIN automatically detects editable 360-degree pictures—those in the JPEG/Equirectangular Projection Format used by most 360-degree
cameras—on the user’s smartphone. To create a video, the user chooses an image and selects a pre-created video template consisting of a series of dynamic
motions—such as panning around the entire photo, spinning the photo at speed, and shifting from a close-up on a friend and then zooming out to a fixed
360-degree spherical still, commonly referred to as a “tiny planet.” Effects can be applied on top of the moving photo, adding 3D items such as fireworks
and cherry blossoms. Next, the edited image is converted to a rectangular short MP4 video and then uploaded to cloud storage or shared directly to another
app. It can then be posted on Facebook, Instagram, Snapchat, TikTok or YouTube, or sent by email or SMS.

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Solution Updates
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Epson Launches Volume Production of Power-efficient 32-bit Microcontroller with Arm®Cortex®
-M0+ Processor
13
Seiko Epson Corporation has developed a new power-efficient flash microcontroller unit (MCU) with an ARM®Cortex®-M0+ processor. The S1C31W65 is the latest addition
to the popular S1C31W series of single-chip MCUs with an integrated liquid crystal driver. It is the first multipurpose microcontroller to support a segment liquid crystal display
driver. Epson plans to produce 200,000 units per month when volume production begins in August 2020. Industrial equipment and consumer electronics are increasingly
IoT-enabled systems hosting a multitude of functions. They require high-performance processing while still maintaining low current consumption. To meet these market
requirements, Epson has leveraged its low-leakage and low-current consumption technologies and used Arm®Cortex®-M0+ processors to expand and upgrade the S1C31
family of MCUs, which offer high performance yet consume minimal current. The S1C31W65, operating at up to 33 MHz, delivers the highest performance in the S1C31
family. It consumes just 0.3 µA in sleep mode1 and operates at 130 µA/MHz.2 In addition, Epson leveraged its signature display driving technology to provide an LCD driver
that can drive up to 416 segments. The bias power supply necessary for driving a liquid crystal panel can be generated by the internal power supply circuit3, so display quality
is not affected by the remaining battery power. In addition, drive voltage is software adjusted. The MCU supports LCD contrast adjustment and liquid crystal panels with
different voltages. The S1C31W65 has a host of peripheral circuits, including various timers, a real-time clock (RTC), R/F converter4, A/D converter, and a temperature sensor.
It supports operating temperatures up to 105℃ and operating voltages ranging between 1.8 V and 5.5 V, making it ideal for industrial equipment and for consumer electronics
that require sensing. Epson is committed to helping its customers improve the performance of their products with solutions that leverage Epson's efficient, compact, and
precision technologies.

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Rewards & Recognition
Business Services Industry

R & R Updates
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Alexandria Venture Investments (USA) Recognized as #1 Most Active Biopharma Investor
for Third Consecutive Year
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Alexandria Venture Investments, the strategic venture capital platform of Alexandria Real Estate Equities, Inc. an urban office REIT and the first, longest-tenured and
pioneering owner, operator and developer uniquely focused on collaborative life science, technology and agtech campuses in AAA innovation cluster locations, was
recognized by Silicon Valley Bank in its "Mid-Year 2020 Healthcare Investments and Exits Report" as the #1 most active biopharma investor by new deal volume from
2019 to 1H20. As a testament to Alexandria's position at the heart of the life science ecosystem, this marks the third consecutive year the company's venture capital
platform has earned this distinguished and impactful recognition. Since its founding in 1996, Alexandria Venture Investments has strategically invested in some of the
most disruptive and promising seed-, early- and growth-stage technologies and companies, and it stands today as an integral component of the company's uniquely
differentiated and multifaceted business strategy. Some of Alexandria's most noteworthy recent investments include its participation in the financings of Affinia
Therapeutics, Autobahn Therapeutics, EQRx, insitro, MOMA Therapeutics and Sana Biotechnology, each of which is utilizing its own unique technology platform to
deliver a new repertoire of life-changing medicines. The pace and volume of new drug discovery and development by these companies further underscore the importance
of next-generation manufacturing to accelerate the translation of tomorrow's medicines from bench to bedside, and to make these medicines more cost-effective and
accessible to patients everywhere. In addressing that need, Alexandria serves as a founding member a first-of-its-kind consortium to catalyze advanced biological
innovation and manufacturing in Greater Boston.
R&R Description

R & R Updates
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ADP (USA) Earns Five Brandon Hall Group HCM Excellence Awards for Innovation in
Learning and Development
15
Industry research and analyst firm Brandon Hall Group has recognized ADP, a leading global technology company, with five coveted HCM
Excellence Awards for its innovative human capital management (HCM) solutions surrounding learning and development. ADP received one
Gold HCM Excellence Award for Best Advance in Learning Technology Implementation, one Silver HCM Excellence Award for Best Advance in
Establishing Governance to Guide Learning Decisions, and three Bronze HCM Excellence Awards for Best Advance in Learning Technology
Implementation, Best Use of Performance Support, and Best Advance in Creating a Learning Strategy. This esteemed awards program recognizes
organizations that have successfully deployed programs, strategies, modalities, processes, systems and tools that achieved measurable results.
Brandon Hall Group analysts and executives – a panel of veteran, independent senior industry experts – evaluated the award entries based on the
following criteria: fit the need, design of the program, functionality, innovation, and overall measurable benefits.
R&R Description

R & R Updates
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Shoukai Group won the "Top 10 Green Real Estate in China in 2020"
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Sponsored by China Investment Association, Huasheng Green Industry Foundation, supported by Quanlian Real Estate Chamber of Commerce,
and organized by the third-party green rating agency standard ranking sixth in "Technology Innovation Leading Green Development" The China
Green Smart Real Estate Forum was successfully held online. The "2020 China Green Real Estate Index TOP30 Report" jointly produced by China
Investment Association, Xinhua News Agency "Global" magazine and Standard Ranking and the standard ranking "2020 China Green Real Estate
TOP30" list. Since 2015, Shoukai Group has been ranked among the top 10 green real estate in China by third-party green rating and evaluation
agency standards for six consecutive years. Shoukai Group has made remarkable achievements in green building in 2019, especially its
outstanding performance in green building operations. It has achieved great results in this selection and won the "2020 China Green Real Estate
(Central) State-owned Enterprise Third Place", once again Won the "2020 China Green Real Estate Operation Model TOP10 Third Place", this is
the sixth consecutive year that Shoukai Group has won this honor. At the same time won the "2020 China Green Real Estate TOP10", China Green
Real Estate (Residential) TOP10, "2019 China Full Decoration Enterprise TOP10", "2019 China Prefabricated Construction Enterprise TOP10".
In addition, the first "Tangqian Ruyuan" (Suzhou) project won the "2020 China Green Real Estate Top 10 Second Place".
R&R Description

R & R Updates
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Shoukai shares won the highest rating "A" in the annual information disclosure evaluation
17
Recently, the Shanghai Stock Exchange has conducted an assessment of the information disclosure work of nearly 1,500 listed companies on the Shanghai Stock Exchange from 2019
to 2020 in accordance with the relevant requirements of the Shanghai Stock Exchange’s Measures for the Evaluation of Information Disclosure of Listed Companies. The evaluation
time range is from July 1, 2019 to June 30, 2020. After assessment, the annual information disclosure work of Shoukai shares obtained the highest rating "A" (excellent). The evaluation
result will be included in the integrity file of the listed company, reported to the China Securities Regulatory Commission and made public. The evaluation results of the information
disclosure work of listed companies are mainly based on the quality of information disclosure of listed companies, and combined with factors such as the degree of standardized
operation of listed companies, the performance of directors, supervisors and senior management personnel, and the degree of protection of investor rights and interests, they are
classified as A (excellent) from high to low. ), B (good), C (qualified), D (unqualified) four grades, based on a percentage system, a score of 90 or more is A, and the listed companies
that have received an "A" rating account for about 20% of all listed companies . The Shanghai Stock Exchange implements classified supervision of listed companies based on the
results of information disclosure evaluations. For listed companies that have obtained an "A" level in their annual information disclosure work, they will be exempted or quickly review
green channels for matters such as corporate refinancing, mergers and acquisitions and reorganization. Information disclosure refers to the conduct of a listed company in accordance
with laws and regulations to disclose its own financial changes, operating conditions and other information and data to the public through designated media, which is a legal obligation
of public companies. Through information disclosure, listed companies can improve corporate governance, display the company's investment value, help investors keep abreast of
company development trends, tap investment potential, and avoid investment risks. The information disclosure system is the core of the modern securities legal system, and all the
work of capital market supervision centers on information disclosure.
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CapitaLand (Singapore) is top winner at BCA Green Mark Awards 2020 with Green Mark
Platinum Champion recognition
18
CapitaLand is the top winner at the Building Construction Authority of Singapore (BCA) Green Mark Awards in 2020. CapitaLand won the BCA Green Mark Platinum Champion
Award, a recognition for organisations that have achieved a substantial number of BCA Green Mark buildings at Gold level and higher. The award also recognises developers with
strong commitment towards corporate social responsibility and outstanding achievements in environment sustainability. CapitaLand and its real estate investments trusts have received
over 130 BCA Green Mark Awards in Singapore, Australia, China, Malaysia and Vietnam so far. This year, a total of 29 CapitaLand properties in Singapore, Malaysia and China have
received or have been recertified with BCA Green Mark Awards. This includes one Green Mark Platinum Super Lower Energy Award and five Green Mark Platinum Awards. To date,
CapitaLand has a total of 24 Green Mark Platinum Awards. This year, four properties in Singapore have also received Universal Design Mark Awards including a Universal Design
Mark Award Platinum for Jewel Changi Airport. Notably, LogisTech is the first logistics building in Singapore to receive the BCA Green Mark Platinum Super Low Energy Award.
This is one of the highest accolades for energy efficiency in the BCA Green Mark Award scheme. The development underwent a major upgrade to achieve best-in-class energy
efficiency standard, including installation of solar panels at its rooftop to generate clean energy to power the building. The five other properties that have received BCA Green Mark
Platinum Award are retail malls Bugis+ and JCube; a data centre 9 Tai Seng Drive; an industrial property Corporation Place; and an upcoming integrated development Rochester
Commons. Bugis+ and JCube were amongst the first CapitaLand malls in Singapore to receive the BCA Green Mark Platinum Award. This is the first time 9 Tai Seng Drive and
Rochester Commons have received a BCA Green Mark Award. 9 Tai Seng Drive is a six-storey data centre in Singapore. It is CapitaLand’s first data centre to receive the BCA Green
Mark Platinum Award. The data centre features an efficient water-cooled system, LED lighting and an efficient uninterrupted power supply system. Condensate from the building’s
air conditioning system and water from the cooling towers are also recycled.
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2020 China's real estate enterprises' comprehensive strength TOP200 is released, and
Country Garden ranks first!
19
From August 18th to August 21st, 2020, the "2020 China Real Estate Strategy Summit" sponsored by Yihan Think Tank was grandly held in Shanghai, and the 2020
China Real Estate Enterprise Comprehensive Strength TOP200 research results were released. Among them, Country Garden ranked first in the “Top 200 Comprehensive
Strength of Chinese Real Estate Companies in 2020”. This is the third consecutive year that Country Garden has ranked first in the comprehensive strength list,
demonstrating the company's strong growth momentum. In addition, Country Garden was also selected as TOP2 of the "2020 China Real Estate Enterprise Brand Value
TOP100". The list pointed out that from the perspective of TOP200 real estate companies in terms of comprehensive strength, the overall sales growth rate of real estate
companies slowed down in 2019, and the lower the ranking, the greater the cumulative year-on-year decline in sales. However, Country Garden achieved an equity sales
amount of 552.2 billion yuan in 2019, with an equity sales area of approximately 62.37 million square meters, an increase of 10% and 15.2% year-on-year respectively,
and sales continued to lead the industry. The steady growth of Country Garden's sales has brought a rapid increase in revenue for the company. In 2019, Country Garden's
operating income was 485.91 billion yuan, a year-on-year increase of 28.2%. From 2016 to 2019, Country Garden's operating income increased from 153.09 billion yuan
to 485.91 billion yuan, an increase of 217.4%. In addition, a number of Country Garden's profit indicators showed an increasing trend . Annual report data shows that in
2019, Country Garden's gross profit increased by 23.6% year-on-year to 126.64 billion yuan; net profit was approximately 61.2 billion yuan, a year-on-year increase of
26.1%. The core net profit attributable to shareholders was approximately 40.12 billion yuan, a year-on-year increase of 17.6%.
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Johnson Controls (Ireland) earns Highly Coveted ISASecure® Secure Development Lifecycle
Assurance Certification
20
Johnson Controls, the global leader for smart and sustainable buildings, has announced its Global Secure Product Development Process has earned the
distinguished International Society of Automation ISASecure® Secure Development Lifecycle Assurance (SDLA) certification. This certification
provides customers with assurance that Johnson Controls building technologies and solutions are developed in accordance with the internationally
recognized ISA/IEC 62443-4-1 cybersecurity standard. The ISASecure® program was established to independently certify the cybersecurity of
operational technology and automation control systems, such as those deployed within smart buildings. SDLA certification specifies security process
requirements and practices for the secure development, maintenance and support of these technologies. Johnson Controls received the SDLA
conformance certificate from exida LLC, an ISASecure® and ISO 17065 accredited certification body, as a result of assessing product development
practices used at engineering centers throughout the world.
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Ryder (USA) Named Among Food Logistics’ Top 3PL & Cold Storage Providers to Food &
Beverage Industry
21
Ryder System, Inc., a leader in supply chain, dedicated transportation, and commercial fleet management solutions, announces it is listed among
Food Logistics’ Top Third-Party Logistics (3PL) & Cold Storage Providers for 2020. The honor marks Ryder’s 8th consecutive year on the list.
Each year, the publication’s editorial team and advisory board selects the leading 3PL service providers that demonstrate a commitment to
continually improving their operations and meeting their customers’ needs. Ryder’s customer-centric approach to finding innovative solutions in
areas such as warehouse distribution, supply chain optimization and transportation management, are what has made the company a reliant resource
for the food and beverage industry, including nine of the top 10 food and beverage companies. Also this year, Ryder rolled out a one-of-a-kind,
real-time visibility and collaborative logistics platform called RyderShareTM. The customer-centric solution integrates multiple transportation and
warehouse management systems, enabling all parties involved in moving goods through a supply chain to easily see potential problems,
collaborate in real-time, and take pro-active action to course-correct – an ability that is particularly valuable to the food and beverage industry,
where maintaining time and temperature controls is critical.
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Sino Inno Lab (Hong Kong) Named Best Sustainable Company At SDG Enterprise Awards 2020 In
Recognition Of Efforts In Fostering Industry Innovation
22
Sino Inno Lab, a sandbox platform established by Sino Group to promote innovation and facilitate co-creation, has been named one of the ‘Best
Sustainable Companies’ at the inaugural SDG Enterprise Awards 2020. The award recognises Sino Inno Lab’s contribution to fostering industrial
innovation and infrastructure. Among the nine winners of the Awards, Sino Inno Lab was the only winner from the real estate industry, and the only
winner from the field of technology and innovation. Organised by the Junior Chamber International Victoria (JCI Victoria), a charitable organisation
affiliated to the Junior Chamber International Hong Kong, the Awards was launched to promote the United Nations Sustainable Development Goals
(‘UNSDG’) and to recognise enterprises that uphold corporate social responsibility in building a more sustainable future for the community. Sino Inno
Lab has been acknowledged for its efforts in driving industry innovation and being an open platform for idea exchange among start-ups, as well as
fostering technological development in the property sector. By pushing forward the UNSDG’s Goal 9, namely industrial innovation and infrastructure,
Sino Inno Lab has been recognised for its endeavours in empowering and inspiring the younger generation, as well as supporting Hong Kong’s
innovation ecosystem and growth into an international innovation and technology hub. Sino Inno Lab was launched by Sino Group in October 2018 to
support Hong Kong’s innovative ecosystem. It aims to forge partnerships between business partners and industry players, and foster a culture of
innovation and build a knowledge network. Since its inception, Sino Inno Lab has showcased more than 70 inventions and technologies, facilitated over
40 adoptions, and welcomed more than 5,000 visitors from business associates, trade organisations and academia.
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FAST Recognized Again in Gartner Magic Quadrant™ Analysis
23
FAST, a Verisk business and leading software provider for the insurance and annuity industry, has been acknowledged again in the Gartner Magic
Quadrant™, an analysis used by many companies to help evaluate technology providers. Specifically, FAST improved its position on the Quadrant's
ability to execute axis compared to the previous year. For the third consecutive year, FAST was recognized by Gartner in the August 2020 edition* as
a Leader for life insurance policy administration systems in North America for its completeness of vision and ability to execute. FAST has been
acknowledged in the Gartner Magic Quadrant for the past five years. FAST, which stands for "Flexible Architecture, Simplified Technology," provides
a scalable technology platform that life insurers can use to quickly enhance or replace their legacy policy administration systems. To support life
insurers across the policy life cycle, Verisk has developed a suite of solutions that apply advanced analytics, automation, and machine learning to
existing and emerging data sources. The solutions are designed to transform current workflows in life insurance underwriting, life and pension analytics,
claim insights, compliance and fraud detection, and actuarial and portfolio modeling.
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Customer Success

Customer Success Updates
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LiveMore Capital works with Experian (Ireland) to broaden mortgage options for over 55s
24
Later-life lender LiveMore Capital will use Experian’s data services to understand and onboard new customers as it expands its presence in the over 55s
mortgage market. The UK’s leading specialist provider of retirement interest-only (RIO) mortgages will use Experian’s CrossCore for identity validation
checks to approve customers who meet its compliance policy requirements. LiveMore will also receive and share credit information data with Experian to
help understand the financial history of people applying for mortgages. LiveMore launched to the market in June 2020 to focus purely on the RIO market.
Its creation followed a call from the Financial Conduct Authority in 2018 for more solutions for later-life borrowers. They may have reached the end of their
mortgage time but are unable to repay their existing mortgage, or seek to unlock capital in their property. LiveMore offers interest-only mortgages of up to
75% loan-to-value and fixed-rate periods which range from five years to lifetime. Its mortgage products are designed around later life borrowers and only
become repayable when the mortgage holder moves into permanent care or dies. Experian is the world’s leading global information services company.
During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we
empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services,
businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
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European Asset Servicing Leader CACEIS Streamlines International Payments with FIS
(USA) Platform
25
Financial technology leader FIS™ announced that it has signed a long-term agreement with CACEIS, jointly owned by Credit Agricole S.A. and
Santander, to provide the asset servicing firm with an enhanced payment hub to industrialize payment operations, reduce processing costs and
provide a smooth payment experience. With custodial assets of € 3.9 trillion, CACEIS is a leading provider of execution, clearing, securities
lending, custody and fund services to asset managers and institutional and corporate clients worldwide. The firm was looking for a best-in-class
platform to standardize its cross-border payments, while complying with ISO 20022 and other emerging payments standards. CACEIS selected
the FIS Open Payment Framework (OPF), an innovative real-time payments platform that supports ISO 20022 payments standards. In addition to
ISO 20022, the platform will support SEPA Credit Transfer, Direct Debit and Instant Payments as well as SWIFT gpi and High-Value payments
standards for CACEIS. FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally.
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Global Payments (USA) Signs Multi-Year Agreement With Wells Fargo Bank
26
Global Payments Inc. a leading worldwide provider of payment technology and software solutions, announced that TSYS, its Issuer Solutions
business, has renewed its agreement with Wells Fargo, the fourth largest bank in the U.S. As part of the multi-year agreement, TSYS will continue
to provide a range of processing and support services for the bank’s commercial card portfolio. Wells Fargo has utilized TSYS’ payments
processing platform since 1995. Global Payments Inc. is a leading pure play payments technology company delivering innovative software and
services to our customers globally. Their technologies, services and employee expertise enable us to provide a broad range of solutions that allow
their customers to operate their businesses more efficiently across a variety of channels around the world. Wells Fargo & Company is a diversified,
community-based financial services company with $1.97 trillion in assets. Wells Fargo’s vision is to satisfy our customers’financial needs and help
them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products
and services, as well as consumer and commercial finance, through 7,300 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and
mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With
approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No.
30 on Fortune’s 2020 rankings of America’s largest corporations.
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Alliance Data (USA) Launches New Private Label Credit Programs For Sally Beauty Holdings, Driving
Customer Loyalty And Sales For Largest U.S. Distributor Of Professional Beauty Supplies
27
Alliance Data Systems Corporation a leading global provider of data-driven marketing, loyalty and payment solutions, announced its Card
Services business, a premier provider of branded private label, co-brand and commercial card programs, has launched two new private label
credit programs with Sally Beauty Holdings, Inc. the largest distributor of professional beauty supplies in the U.S., with revenues of
approximately $3.9 billion annually. Under the terms of the multi-year agreement, Alliance Data is providing private label card services for
the company's two business units, Sally Beauty Supply, which sells to both retail consumers and salon professionals, and Beauty Systems
Group, whose Cosmo Prof stores sells exclusively to professional stylists and salons. The card programs will offer enhanced benefits to
cardmembers by accelerating the earning of rewards and other exclusive benefits that complement the existing Sally Beauty Rewards
program. Cosmo Prof customers will benefit from special savings when they use their card and additional purchasing power that supports their
salon business. To support Cosmo Prof's unique business model, Alliance Data is providing its patented Frictionless Mobile CreditSM
technology giving customers the ability to apply for credit directly from their mobile devices. With just a few entries, the application process
stays in the hands of the customer, providing additional safety and security.
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Farm Bureau Insurance of Michigan Adopts Verisk’s (USA) LOCATION Platform to Deliver Address-Level
Fire Protection Data
28
Verisk a leading data analytics provider, and Farm Bureau Insurance of Michigan, announced that Farm Bureau Insurance will adopt Verisk’s
LOCATION® platform to maximize its use of Public Protection Classification (PPC®) for precise, address-level measurement of the strength
of fire protection for insured properties. Farm Bureau Insurance will use LOCATION, which can deliver address-level information on a
variety of risks, to drive PPC’s fire protection grading deeper into its underwriting workflow. The PPC program provides grades to
communities across the United States based on their fire prevention and suppression systems. Granular information applied to underwriting
and rating decisions can materially affect loss experience—and, ultimately, profitability. Aproperty’s PPC code is based on a thorough grading
of a community’s firefighting capabilities and mitigation efforts—and the location of that property relative to responding fire stations and
adequate water resources. PPC’s level of granularity reflects Verisk’s continual monitoring of robust data sources and use of digitized files and
state-of-the-art geographic information system (GIS) technology—all backed by decades-long, community-level relationships with the fire
service and local authorities. And with delivery via application programming interface (API), implementation is flexible.
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Kansas City Life Insurance Company Licenses FAST Software
29
FAST, a Verisk business, announced that Kansas City Life Insurance Company has licensed FAST software to replace its legacy platforms,
streamline administration of its existing business, and enable the development of a new digital ecosystem for the future. Kansas City Life
plans to use FAST’s software to replace its platforms for new business, policy administration, billing, claims, and distribution management.
This replacement will include the use of FAST’s data conversion tools and flexible product configuration to rapidly convert the in-force
business of Kansas City Life to FAST’s software. Verisk, which acquired FAST in December, has developed a suite of solutions that apply
advanced analytics, automation, and machine learning to existing and emerging data sources. The solutions are designed to transform existing
workflows in life insurance underwriting, life and pension analytics, claim insights, compliance and fraud detection, and actuarial and
portfolio modeling. Kansas City Life Insurance Company was established in 1895 and is based in Kansas City, Missouri. The Company's
primary business is providing financial protection through the sale of life insurance and annuities. The Company operates in 49 states and the
District of Columbia.
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Partner Ecosystem

Partner Ecosystem Updates
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British Land (UK) partners with Equiem to deliver a new Digital Occupier Experience App
30
British Land has chosen leading global proptech firm, Equiem as its partner to deliver a digital tenant engagement app across its mixed-use,
London campuses. Broadgate, one of London’s largest pedestrianised neighbourhoods, will be the first British Land campus to benefit from the
partnership. Over 26,000 people are based at the campus, which attracts more than 19 million visitors each year. The app is designed to help people
get the most from their time at Broadgate – whether in their office or visiting its shops and restaurants – by providing them with curated content
and direct communication as well as touchless access to offices and amenities. Equiem’s app will also play a key role in supporting British Land’s
customers as they begin to reoccupy their spaces at Broadgate, from enabling them to understand their environments including lobby traffic,
occupancy and air quality, to facilitating building and meeting room access and bookings. Equiem was selected as a partner, thanks to its extensive
experience across the world in connecting communities digitally. The two firms will work in partnership to create the most comprehensive service
available in the market by combining Equiem’s tenant experience app and British Land’s Vicinitee platform, which is already embedded into many
of its buildings.
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UOB collaborates with CapitaLand on Singapore’s first dual tranche SORA-SOFR loan
31
United Overseas Bank Limited (UOB) and CapitaLand announced that they have entered into an agreement for a two-year S$200 million term
loan. The dual tranche loan, which references both the Singapore Overnight Rate Average (SORA)[1] and the Secured Overnight Financing
Rate (SOFR)[2], is the first of its kind in Singapore. The bilateral loan facility between UOB and CapitaLand comes ahead of a global
transition from Interbank Offer Rates, including the London Interbank Offer Rate (LIBOR)[3], to alternative risk-free rates (RFRs). As RFRs
are overnight interest rate benchmarks based on actual transactions, they are more transparent and more reflective of market conditions. SORA
and SOFR have been identified by the relevant regulatory and industry bodies as the alternative benchmark rates to replace the Swap Offer
Rate (SOR) in Singapore and the US Dollar LIBOR respectively. Through this collaboration, UOB and CapitaLand aim to enhance market
confidence in adopting SORA, which will in turn help accelerate the transition from the use of SOR to SORA. This is in line with the
Monetary Authority of Singapore’s initiatives to support the adoption of SORA as a key interest rate benchmark in Singapore and the
development of vibrant and robust SORA markets.
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BNP Paribas Personal Finance collaborates with Experian (Ireland) and Aryza to help
customers through the Covid-19 pandemic
32
BNP Paribas Personal Finance will use Experian’s Open Banking technology and Aryza’s Debtsense digital platform to provide
round-the-clock online account reviews to customers who have been affected by the Covid-19 pandemic. Consumer finance specialist BNP
Paribas Personal Finance has moved quickly with its partners to put the solution in place inside six weeks so that it can meet changing
regulatory advice. Debtsense from Aryza uses Experian’s Open Banking service to allow people to share their account and transaction data,
giving a clear and detailed picture of affordability, financial circumstances and commitments in rapid time. The insights will enable BNP
Paribas Personal Finance to accurately assess people whose finances have been affected by the pandemic and who may now be vulnerable.
They can then be offered a payment break or an affordable payment plan based on their specific circumstances. The app uses the lender’s
credit decision policy rules to create a personalised payment plan. Experian has been at the forefront and a leading innovator in the
development of Open Banking technology. Its Open Data platform underpins more than 52 million API requests a month. BNP Paribas
Personal Finance will be using the Debtsense app via credit and debt recovery software specialist Aryza. The platform will help to support
those in arrears as customers can set up affordable repayment plans and make payments in real-time using a mobile phone.
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Swedish Export Credit Corporation Partners with FIS (USA) to Digitalize Its Commercial
Lending Platform
33
The Swedish Export Credit Corporation (SEK), which finances Swedish exporters, their subsidiaries, and foreign customers, has chosen
financial technology leader FIS™ to digitize and modernize its commercial lending platform to enhance service to its clients and streamline
costs. Owned and operated by the government of Sweden, SEK is chartered with enhancing the competitiveness of the country’s export
industry by ensuring access to sustainable credit alternatives. As part of a broader technology modernization initiative, SEK was looking to
integrate disparate loan origination systems and processes into a single, modern platform for use by its internal stakeholders in servicing
exporter clients. SEK will be utilizing the FIS Commercial Loan Origination (CLO) and FIS Ambit Optimist solutions, which are part of the
FIS Commercial Lending suite, to digitize the full life cycle of the credit lending process – from loan origination and risk assessment, through
credit approval, presentation and ongoing loan servicing. The FIS solution will provide SEK analysts and service representatives a single,
integrated view of customer information, status of credit requests, and other workflow – all accessible via an easy-to-use user interface. SEK
team members will be able to tap into an up-to-date, centralized repository of deal information and documentation, enhancing
decision-making.
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Johnson Controls (Ireland) Partners with the Village of Lindenhurst to Lead Sustainability
Charge in Suffolk County, New York
34
Johnson Controls, a global leader for smart and sustainable buildings, and the Village of Lindenhurst, New York announced their partnership
through a major Energy Savings Performance Contract (ESPC). With goals that include sourcing project funding, addressing deferred
maintenance and setting the standard for efficiency, the Village will undergo a community-wide initiative for sustainability. The $5.8 million
ESPC is guaranteed by Johnson Controls to generate $8.3 million in energy cost savings over 20 years, helping the Village achieve long-term
budget neutrality. The project will consist of Village-wide cutting-edge infrastructure improvements such as solar energy systems, LED
municipal street lighting and other renewable energy technologies. The ESPC encompasses 11 buildings across the Village, two parks and a
marina. LED lighting will be installed within municipality facilities and in outdoor community spaces, generating $31,000 in lighting rebates.
To further maximize the Village’s energy efficiency efforts, Johnson Controls will replace the Rainbow Community Center’s aged boiler with
a new high efficiency boiler, as well as install electric car charging stations at Village Hall. For energy renewability, solar photovoltaic (PV)
systems will be constructed on facility rooftops, as well as the rooftop of a new carport in the Village’s commuter rail parking lot.
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Johnson Controls (Ireland) Partners with Monroe Township Public Schools to Improve Learning
Environments Through $24.1 Million Energy Savings Improvement Plan
35
Johnson Controls, the global leader for smart and sustainable buildings, and the administrators and board members of Monroe Township
Public Schools (MTPS) are working together to secure an energy efficient future for the school district. Both entities have entered into a $24.1
million turnkey Energy Savings Improvement Plan (ESIP) contract in an effort to transform the environment, operation and energy efficiency
of the facilities. The project is driven and funded entirely by energy and utility rate savings along with $1.2 million of New Jersey Clean
Energy Program incentives and rebates. Johnson Controls is guaranteeing $29 million in energy savings across all six of the schools in the
district over the course of the twenty-year agreement. In addition to the fiscal savings accrued upon completion of the project, which reduce
the use of capital improvement budgets in the process, a total of 3 million kWh units of electric and 81k therms of natural gas will be saved
annually. This initiative will reduce the carbon footprint across the district’s school buildings by approximately 5 million pounds of CO2
emissions. A complete overhaul of the heating and ventilation systems at Holly Glen Elementary School will take place during the summer of
2020. Advanced lighting upgrades will also be installed in all schools as will mechanical and electric systems updates. Robust energy
management control systems for ongoing maintenance and management are planned across the buildings, as well.
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Lendlease (Australia) Partnering with Veterans At Australian War Memorial Car Park Construction
36
Veterans from the Australian Defence Force have joined the Lendlease ACT construction team to deliver a new 238-space car park at the
Australian War Memorial in Canberra, leveraging the valuable technical expertise of returned servicepeople. The partnership between
Lendlease and Veterans in Construction was forged in 2018 and aims to provide the opportunity to engage returned veterans seeking
employment. Five veterans were employed in a variety of roles across the project, with Lendlease also facilitating additional training and
onsite experience for the team to enable further skills development. Veterans in Construction is a veteran-owned-and-operated company that
employs retired Australian Defence Force personnel in civil construction and has partnered with Lendlease on projects in the ACT and
Victoria. Opened on 10 August 2020, the Poppy’s Café car park extension will deliver extended permanent underground car parking facilities,
including additional parking close to the Memorial for visitors with mobility concerns.
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Hotelleriesuisse Launches Controlled Disinfection Monitoring With SGS (Switzerland)
37
HotellerieSuisse and SGS have worked together to launch measurable monitoring of cleaning and disinfection in the Swiss hospitality
industry. Through this collaboration, HotellerieSuisse enables its members to better control current hygiene and disinfection protocols,
simplifying the fight against hygiene risks, to reduce them while strengthening standards. In the face of the current COVID-19 pandemic, it
is more important than ever for the Swiss hotel industry to ensure high-level and traceable hygiene and disinfection standards. This is crucial
to conducting frequent inspections, training cleaning staff, using appropriate products and implementing measurable tests. The measurable
monitoring of cleaning and disinfection, developed by HotellerieSuisse and its trusted supplier SGS, is a modular model that consists of
staggered services, tailored to the hotel industry. Hotels can benefit from various services, including laboratory analyses and/or on-site audits,
to actively improve and measure the control of current hygiene and disinfection protocols.
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SGS (Switzerland) And Opecs Partner To Offer SGS Arpin Workflow And Consultancy
38
SGS and Oilfield Production Enhancement Consulting Services Ltd. (OPECS), a consultancy company based in Aberdeen, United Kingdom,
have signed a cooperation agreement to jointly deliver SGS ARPIN workflow consultancy services. They will also provide consultancy for
hydraulic fracturing, well stimulation and geomechanics to support energy companies in optimizing their drilling and stimulation work. The
SGS ARPIN workflow has been developed to obtain rock mechanical properties from rock fragments obtained from drilling through rock
intervals in the subsurface. The workflow applies scanning electron microscopy and nano-indentation analysis on selected rock fragments
combined with a proprietary modeling workflow to deliver key geomechanical information of the tested intervals at a reduced cost. By
working together, OPECS and SGS offer an integrated service package, combining OPECS expertise with the SGS ARPIN workflow to
generate a solid understanding of the geomechanical behavior of rocks in the subsurface. Such an understanding is key for optimizing well
stimulation design, accurate hydraulic fracture modeling, borehole stability assessment and well integrity analysis. With this service package,
OPECS and SGS offer a range of benefits for customers, including considerable cost and time savings.
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Edge Global Certification Provider Sintali-Sgs To Deliver the Highest Quality Service To
Clients
39
SGS announced an expansion of its collaboration with Sintali to grow IFC’s green building standard, EDGE. SGS and Sintali will act as a
global certification services provider for EDGE, delivering certification and audit services in over 170 countries around the world. The
expansion provides additional value to clients through the launch of innovative remote auditing technology and zero carbon services, and a
dedicated EDGE certification team. The consortium of Sintali-SGS replaces the role that thinkstep-SGS formerly provided for IFC’s EDGE.
To help scale EDGE rapidly and deliver the highest quality of service to clients, Sintali will focus exclusively on delivering EDGE
certification. Made up of a team with over seven years’ experience working on EDGE and decades of experience in developing and managing
green building standards, Sintali brings rigor and expertise to the EDGE certification process. Operating as a one-stop shop for EDGE
certification and audit services, Sintali-SGS offers clients a simple and transparent path to EDGE certification. Clients receive a single
contract for both the EDGE audit and EDGE certification, with an all-inclusive price and expert advice at no additional cost.
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Miscellaneous

Miscellaneous Updates
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Digital Realty (USA) Adds Renewable Energy, Expands Colocation Capacity in Dallas
Portfolio
40
Digital Realty a leading global provider of carrier- and cloud-neutral data center, colocation and interconnection solutions, announced it is
expanding its renewable energy capacity in Texas with a new long-term power purchase agreement to source solar power for the company's
Dallas-area data center portfolio from Pattern Energy's 82.5 MWac Phoenix Solar Project located in Fannin County, Texas. The company also
announced that 2323 Bryan Street, a major regional connectivity hub in downtown Dallas, is being upgraded to meet the area's growing
networking needs with additional colocation capacity. Digital Realty contracted 78% of the project's total capacity, approximately 65 MWac,
with the remainder held by Pattern Energy Group LP, the project developer and owner. With the addition of this solar project, Digital Realty's
entire Greater Dallas portfolio will be powered by 70% renewable energy once the Phoenix Solar project reaches commercial operation by
mid-2021. This agreement marks the latest milestone in Digital Realty's continued focus on reducing its carbon footprint, in line with the
Science Based Targets Initiative. Phoenix Solar expands Digital Realty's use of renewables by approximately 160,000 megawatt-hours per
year. This announcement builds on the significant wind energy project the company announced in April of this year, which added a total of
262,800 megawatt-hours of new clean energy to the regional electric grid. In total, these projects are expected to generate enough electricity
to meet the needs of 50,000 homes each year.
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SEGRO supports LandAid in helping those impacted by COVID-19 and tackling
youth homelessness across London and the UK
41
As part of its centenary celebrations SEGRO has donated in total £160,000 to LandAid to help those impacted by COVID-19 and to tackle youth
homelessness across London and the UK. £40,000 has been used for the LandAid COVID-19 Emergency Fund which provided emergency necessities
and enhanced support to vulnerable young people during the ongoing pandemic. The help was delivered through projects across the UK, including:
• Evolve Housing & Support - Covering the cost of an emergency food budget, PPE, printing mental health packs and cleaning services
• Active Horizons - Delivering emergency food parcels and essentials to young people and pay for volunteer costs, PPE and a remote working facility
• Look Ahead Care & Support – Covering the cost of food, PPE and other essential items for young people
• St Christopher’s Fellowship - Providing its support service to young people, including a range of ‘at home’ activities
In addition to this, £120,000 will go towards extending and refurbishing a homeless shelter in Ealing as part of LandAid’s Sponsor a Home campaign.
Run by homeless charity, Look Ahead, the shelter supports young homeless people across London back into education and employment. The
refurbishment will extend the property to increase the number of bedrooms from four to seven, create a larger communal kitchen and build a
multipurpose workspace in the garden from which LookAhead will deliver training courses and advice sessions.
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Sino Hotels (Hong Kong) And Ng Teng Fong Charitable Foundation Join Hands In Supporting
The Community By Donating Hot Meals Amid Covid-19 Situation
42
Amid the unprecedented COVID-19 situation in Hong Kong, Sino Hotels has joined hands with the Ng Teng Fong Charitable Foundation to launch a
month-long meal donation programme to provide 3,000 hot meal boxes through community partners for individuals and families in need. Starting on
18 August, Sino Hotels chefs have been preparing nutritious meal boxes for care centres run by the J Life Foundation and The Church of Grace in
Resurrection to distribute to people in need in Jordan, Mongkok and Sham Shui Po. Sino Hotels collectively refers to hotels owned and / or managed
under Sino Group, which comprises three listed companies in Hong Kong: Sino Land Company Limited (HKSE: 83); Tsim Sha Tsui Properties Limited
(HKSE: 247) and Sino Hotels (Holdings) Limited (HKSE: 1221) as well as other private companies owned by the Ng Family. Sino Hotels encompasses
3,600 guestrooms and suites in 10 hotels across Hong Kong, Singapore and Australia. The growing portfolio includes Royal Pacific Hotel, City Garden
Hotel, Island Pacific Hotel, Hong Kong Gold Coast Hotel, The Pottinger Hong Kong and The Olympian Hong Kong, as well as ownership of Conrad
Hong Kong and the exclusive Gold Coast Yacht & Country Club. In the Asia-Pacific region, Sino Hotels owns and operates The Fullerton Hotel
Singapore, The Fullerton Bay Hotel Singapore and The Fullerton Sydney. As a trusted brand in hospitality, Sino Hotels offers a unique experience while
sharing the mission of providing the best possible services and facilities to create a home away from home.
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