I-Byte Business Services July 2021

IT Shades
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I-Bytes
Business Services
July Edition 2021
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................11
3. Rewards and Recognition Updates..................................................................................................................17
4. Customer Success Updates...............................................................................................................................27
5. Partnership Ecosystem Updates......................................................................................................................35
6. Environment & Social Updates........................................................................................................................50

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Financial, M & A Updates
Business Services Industry

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Financial, M&A Updates
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American Tower (USA) Closes First Tranche of Telxius Towers Acquisition
American Tower Corporation announced that it has closed the first
tranche of its Telxius Towers acquisition, comprised of nearly 20,000
communications sites in Germany and Spain, for total consideration of
approximately €6.2 billion (approximately $7.6 billion at current foreign
currency exchange rates). The closing was funded by a combination of
cash on hand and borrowings under the Company are revolving credit
facilities and term loans. Approximately 4,000 additional rooftop
communications sites in Germany are expected to close in the third
quarter of 2021. As one of the largest independent communications
infrastructure providers in Europe, we believe we are now optimally
positioned to benefit from accelerating 5G deployments across the
region through a combination of organic growth, new builds and the
potential for selective future acquisitions.”
Executive Commentary
American Tower’s Chief Executive Officer stated “We are excited to
close on these high-quality, well-located assets and are ready too
quickly and efficiently integrate them into our existing European
portfolio. We expect to utilize our newly augmented leadership
position in Germany and Spain to drive strong, sustainable, long-term
growth while delivering best-in-class service to existing and new
tenants as they enhance mobile broadband connectivity for their
customers.
Description
1

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American Tower (USA) Closes Latin American Tranche of Telxius Towers
Acquisition
American Tower Corporation announced that it has closed the Latin
American tranche of its Telxius Towers acquisition, comprised of
over 7,000 communications sites in Brazil, Peru, Chile and
Argentina, for total consideration of approximately €0.9 billion
(approximately $1.1 billion at current foreign currency exchange
rates). The closing was funded by a combination of cash on hand
and borrowings under the Company are revolving credit facilities
and term loans. American Tower expects these assets to generate
approximately $70 million in property revenue and approximately
$40 million in gross margin for the balance of 2021, at current
foreign currency exchange rates, and to be immediately accretive to
Consolidated AFFO per Share.
American Tower’s Chief Executive Officer stated “We are
pleased to add more than 7,000 sites to our extensive portfolio of
communications infrastructure across Latin America. With
Telefónica as our anchor tenant partner and attractive
opportunities for colocation as 4G and 5G deployments
accelerate, we expect to drive strong, sustainable long-term
growth and attractive returns in the region while helping to
enhance mobile broadband connectivity for hundreds of millions
of people.”
Description
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Boston Properties (USA) Builds on Its Growing Life Sciences Portfolio Acquires
Lab Properties in Waltham, Massachusetts
Boston Properties, Inc. the largest publicly traded developer, owner, and
manager of Class A office properties in the United States, announced that it
has acquired 153 & 211 Second Avenue, two lab properties comprising
153,000 square-feet in Waltham, Massachusetts, a highly desirable location
for leading and emerging companies in the life sciences and biotechnology
sector. The Company acquired the two lab buildings from an affiliate of
Montana Avenue Capital Partners, LLC for a gross purchase price of $100
million in cash. 153 & 211 Second Avenue are 100% leased to a leading
pharmaceutical company and are adjacent to BXP’s 200 West Street
building, a 272,000 square feet property, a portion of which was recently
converted to lab space, that is 100% leased to Translate Bio. The acquisition
builds on BXP’s 4.9 million square feet of lab and Class A office properties
in the Waltham/Lexington region of Massachusetts.
“Waltham continues to be a dominant urban edge location for life
sciences organizations that want to attract and retain highly-educated
talent,” said Executive Vice President, Boston Region, BXP. “The 153
& 211 Second Avenue campus provides both location and amenities that
offer long-term value for current and prospective clients and is another
example of BXP’s ability to meet the growing demand of companies in
the biotechnology sector.”
Description
3

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Broadridge (USA) Acquires Innovative Compliance and Surveillance Solution for
Broker-Dealers
Broadridge Financial Solutions, Inc. a global Fintech leader,
announced that it is further enhancing its regulatory compliance
capabilities for broker-dealers with the acquisition of the
cloud-based Execution Compliance and Surveillance Service (ECS)
assets from Jordan & Jordan. The solution provides a combination
of surveillance and regulatory reporting as well as compliance
consulting capabilities for US regulations.
“We are committed to helping broker-dealers simplify the
process of complying with an ever-changing set of regulatory
requirements,” said President of Capital Markets at Broadridge.
“This tuck-in acquisition provides a natural extension of our
reporting and compliance capabilities for pre and post execution
activities for the US market and underlines Broadridge’s
commitment to expanding our capital markets offerings to
clients.”
Description
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Broadridge (USA) Expands Wealth Management Capabilities by Acquiring Innovative
Digital Marketing Platform
Broadridge Financial Solutions, Inc. a global Fintech leader
announced that it has acquired AdvisorStream, a leading provider of
digital engagement and marketing solutions for the global wealth
and insurance industries. The acquisition expands Broadridge’s
front-to-back office wealth capabilities, positioning Broadridge to
serve growth-oriented advisors and firms looking to attract and
engage prospects and clients across key digital channels.
AdvisorStream’s leading advisor marketing platform enables
advisors to drive revenue and growth by providing personalized and
consistent client communications.
"When we created AdvisorStream, we set out to help advisors
grow by solving the challenge of connecting with clients,
building trust and credibility by leveraging technology for better
communications,” said CEO of AdvisorStream. “Becoming part
of Broadridge will allow us to deliver our advisor solutions to a
broader client set and enhance the effectiveness of our platform
as we bring a premium omni-channel solution to wealth firms
and advisors of all stripes globally.”
Description
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FLEETCOR® (USA) Completes AFEX Cross-Border Acquisition
FLEETCOR Technologies, Inc. a leading global business payments
company, completed the acquisition of Associated Foreign Exchange an
international cross-border payments provider. By acquiring AFEX,
FLEETCOR® builds upon its corporate payments line of business and
strengthens its position as one of the largest global business payment
companies in the world. AFEX delivers global cross-border payment
solutions that help small- and medium-sized businesses (SMBs) break
down currency barriers to facilitate international growth. AFEX joins
FLEETCOR’s cross-border payments counterpart, Cambridge Global
Payments, in its corporate payments portfolio. Combined, AFEX and
Cambridge process cross-border payments in more than 145 currencies
for approximately 30,000 customers processing more than $65 billion in
annual volume.
“With the combination of AFEX and our current cross-border
business, we expect the enhanced scale and breadth to accelerate
revenue growth in our corporate payments business. The
complementary geographic nature of the customer bases provides an
immediate boost to our business, and this year, we anticipate the
acquisition will be accretive to 2021 adjusted EPS, as we execute our
integration plan,” said chairman and chief executive officer,
FLEETCOR Technologies, Inc.
Description
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Host Hotels & Resorts (USA) Inc. Acquires Baker’s Cay Resort Key Largo For
$200 Million
Host Hotels & Resorts, Inc.  the nation's largest lodging real estate
investment trust announced that it has acquired the fee simple
interest in the 200-room Baker’s Cay Resort Key Largo, Curio
Collection for approximately $200 million in cash. The purchase
price represents an estimated 6.2% capitalization rate and a 14.5x
EBITDA multiple based on 2021 property forecasts. Risoleo
continued, “As a result of our prudent capital allocation decisions
over the past few years, our strong balance sheet, and our deep
relationships in the industry, we were able to acquire another
off-market, high-quality hotel in the sunbelt. This transaction brings
our total hotel acquisitions so far in 2021 to nearly $1 billion with a
blended 14.3x estimated EBITDA multiple.
President and Chief Executive Officer said, “We are pleased to
announce the off-market acquisition of our first hotel in the
Florida Keys which we believe will improve the EBITDA
growth profile of our portfolio. After a complete $63 million
renovation and repositioning in 2019, Baker’s Cay shows like a
new resort. Additionally, the Florida Keys market benefits from
excellent supply-demand dynamics owing in part to strict
development ordinances which have led to the highest 2019
upper-upscale RevPAR of any market in the US. We expect this
resort to deliver over $300 of RevPAR and $69,000 of EBITDA
per key (1) in 2021, ranking eighth on both metrics in Host’s
2019 pro forma portfolio.”
Description
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Lendlease (Australia) announces NPS as new owner of Melbourne Quarter’s final
office tower with Medibank as anchor tenant
Lendlease announced that the National Pension Service of Korea one of the
world’s largest pension funds has acquired a 100% interest in Melbourne
Quarter Tower, the largest and last commercial office building of the $3
billion Melbourne Quarter precinct. The investment will be managed on
their behalf by Lendlease Funds Management. Medibank, one of
Australia’s largest private health insurers, will be the anchor tenant of the
premium-grade tower. Designed by international architects Woods Bagot,
the 34-level building will become Medibank’s new national headquarters.
The Melbourne Quarter precinct development highlights the value of
Lendlease’s integrated model, where its asset creation capabilities provide
capital partners with access to high quality investment product. Located
directly across from Southern Cross station, Melbourne Quarter Tower will
deliver 34-levels of Premium Grade office space and be home to c.15, 000
employees.
“The COVID-19 pandemic is accelerating flight to quality trends in the
office sector and this asset fits our strategy to invest in the highest
quality buildings in desired locations with strong tenant demands. We
are delighted to partner with Lendlease on this landmark transaction and
look forward to continuing to deepen NPS’s investment exposure to real
estate in Australia.” Said CEO Property Australia.
Description
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Link (Hong Kong) acquires Happy Valley Shopping Mall in Guangzhou for RMB3,
204.7 million
Link Asset Management Limited the manager of Link Real Estate
Investment Trust announced that it has agreed to acquire 100% interest
in Happy Valley Shopping Mall and its related loans for a total of
RMB3, 204.7 million, which represents a discount of 4.3% to the
appraised property value of RMB3, 350 million as at 24 May 2021.
Happy Valley Shopping Mall is located at eastern part of Zhujiang
New Town in Tianhe District of Guangzhou. The property is an
8-storey commercial development with 4-storey basement, providing
a total gross retail area of approximately 90,113 square metres, and a
car park with 800 parking spaces. It is the only sizable mall in the
district, which is in proximity to the Huangpu Avenue, a key arterial
road in Guangzhou, with two future metro stations on metro line 13
which is expected to be operational by 2022/23.
“The acquisition aligns with Link’s business strategy of portfolio
diversification for long-term stable return. It is part of our pursuit
of a yield accretive strategy through adding quality
income-producing properties with capital appreciation potential in
Tier 1 cities in China. Leveraging our extensive retail asset
management expertise and operational synergies in Guangzhou, we
hope to lease up and fully unlock the value of the property.”
Description
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Ventas (USA) to Acquire New Senior Investment Group in All Equity $2.3 Billion
Transaction
Ventas, Inc. and New Senior Investment Group Inc. announced that they
have entered into a definitive merger agreement pursuant to which Ventas
will acquire New Senior in an all-stock transaction (the “Transaction”),
valued at approximately $2.3 billion, including $1.5 billion of New Senior
debt. New Senior has a high-quality, geographically diversified portfolio of
103 private pay senior living communities, including 102 independent
living communities, totaling 12,404 units and located across 36 states in the
United States. Under the terms of the agreement, New Senior shareholders
will receive 0.1561 shares of newly issued Ventas stock per share of New
Senior common stock. Based on the closing price of Ventas common stock
on June 25, 2021, this represents approximately $9.10 per New Senior
share, a 31% equity premium based on New Senior’s 30-day trading
average, and a 10% premium on New Senior’s total enterprise value.
“Building on the strong momentum we are experiencing in our business,
we are delighted to announce this strategic and accretive acquisition
with New Senior that expands Ventas’s position in senior housing at an
important inflection point in the cycle as the senior housing industry
rebounds,” said Ventas Chairman and CEO.
Description
10

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Solutions Updates

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Solution Updates
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CapitaLand (Singapore): Ascott launches discoverasr.com to unify 14
lodging brands on one global online travel booking platform
11
Solution Description
CapitaLand’s wholly owned lodging business unit, The Ascott Limited has launched discoverasr.com, unifying its separate brand
websites1 on one single global online travel booking platform. discoverasr.com provides guests with one-stop access to Ascott’s more
than 400 serviced apartments, coliving spaces and hotels with a total of about 77,000 units, across more than 130 cities in over 30
countries. This includes more than 10,000 units across 61 properties under TAUZIA Hotel Management2 (TAUZIA), which are
available for the first time on Ascott’s online booking platform. The new discoverasr.com features Ascott’s 14 award-winning lodging
brands, namely Ascott The Residence, The Crest Collection, Somerset, Quest, Citadines, lyf, Préférence, Vertu, Harris, Citadines
Connect, Fox, Yello, Fox Lite and POP!. With a cleaner and more intuitive user experience, guests can easily find their home away
from home with Ascott as they discover their next travel destination. Members of Ascott’s loyalty programme, Ascott Star Rewards
(ASR) can now filter search for ASR participating properties, a highly requested feature amongst ASR members. The new feature
enables ASR members to quickly identify and book the best deals at ASR participating properties to maximise their membership
privileges. ASR members can also easily redeem their ASR points to offset the total cost of their stay.

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Solution Updates
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The Launch of Hang Lung (Hong Kong) Residences Heralds a New Era
in Premium Living on the Mainland
12
Hang Lung Properties announced the debut of Hang Lung Residences, a premium serviced residences brand in mainland China with projects
planned in Wuhan, Wuxi, Kunming and Shenyang. Developed in line with the Company’s vision “to create compelling spaces that enrich lives”,
the curation of premium residential products and services builds on Hang Lung’s established reputation for developing luxury commercial
complexes in the Mainland market. Setting a new benchmark for urban living through quality design, prime location and connectivity, and an
unparalleled pivot on owner experience, Hang Lung Residences broadens the Company’s customer-centric focus, aligning with the market’s
aspirations for premium living experiences. Hang Lung Residences will be an expression of premium excellence with an exceptionally spacious
interior and architectural design featuring modern façade window walls. The Residences will come with exclusive and customized premium
services and round-the-clock security for residents. The brand’s inaugural project, Heartland Residences in Wuhan, is set to be unveiled soon, with
pre-sales opening in the last quarter of 2021. As the brand gains momentum, pre-sales of the Residences projects in Wuxi, Kunming and Shenyang
will be scheduled in 2022 and 2023. The launch of Hang Lung Residences will see the Company’s position as a leading commercial property
developer strengthened as the serviced residences brand extends its reach across the national network of Hang Lung developments on the
Mainland.

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Solution Updates
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Broadridge (USA) Launches DLT Repo Platform to Execute First Bilateral
Repo Trades Using Smart Contracts
13
Broadridge Financial Solutions, Inc. a global Fintech leader announced the successful go-live of its transformative
distributed ledger repo (DLR) platform. Early participants of the blockchain-enabled platform are realizing significant
and immediate benefits of reduced risk, operational costs and enhanced liquidity, while also accelerating their
digitization journey. The launch builds on the success of multiple pilots with sell-side and buy-side firms. DLR
provides a single platform where market participants can agree, execute and settle repo transactions. Furthermore, DLR
allows for the immobilization of the underlying securities in the repo transactions, while transferring ownership via
smart contracts executed on the platform. The platform’s functionality significantly reduces the operating cost and risk
of all repo activity, including intraday, overnight and term repos, both on a bilateral and an intracompany basis and also
reduces counterparty risk while increasing auditability. In the first week since launch, DLR has executed $31B in
average daily volume.

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Solution Updates
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Johnson Controls (Ireland) Launches OpenBlue Net Zero Buildings as a
Service
14
Johnson Controls the global leader for smart, healthy and sustainable buildings, announced OpenBlue Net Zero Buildings as a Service. Johnson Controls will provide a one-stop
shop for companies looking to achieve net zero carbon and renewable energy goals. The offering recognizes customers' need for assistance in making these goals easier to plan,
execute, track and achieve. To ensure alignment with the needs of customers and prospects, in May 2021, Johnson Controls commissioned a survey of 1,046 North American
professionals responsible for building operations, facilities management and energy & sustainability management across various industry verticals and building types. Over
90% of respondents have significant goals to reduce carbon emissions and energy consumption by 2030+ with over 60% of respondents targeting a 50% or greater reduction.
Goals include increasing building performance and value, positively impacting the surrounding community and talent attraction and retention. The OpenBlue Net Zero
Buildings as a Service portfolio includes a full spectrum of sustainability offerings tailored to schools, campuses, data centers, healthcare facilities as well as commercial and
industry players. Understanding the market trends, unique industry requirements and investment pitfalls is an important element in making large sustainability decisions.
Johnson Controls helps customers stay abreast of important trends and technology innovations that feed into a customized roadmap highlighting opportunities and managing
risks and uncertainties against a rapidly changing regulatory environment. Additional results from the Johnson Controls survey revealed that respondents' top five solution
pathways and also their drivers for sustainability and net zero lean into As-a-Service capabilities, including improving energy efficiency, integrating onsite renewables,
electrifying buildings, incorporating offsite renewables and adding grid interactive capabilities. However, almost all respondents are facing challenges across these solution
pathways while also feeling pressure to move quickly. Over 90% of respondents plan to pursue a LEED certification and yet run into challenges with measuring emissions, the
largest being how to aggregate data from multiple sources. Digital solutions are needed to solve this and other measurement challenges.

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Solution Updates
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Land Securities Group (UK): Bluewater launches adrenaline pumping
leisure experience Hangloose Adventure
15
Landsec has announced the official opening of the longest and fastest zip wire in England, Skywire, at Bluewater, one of Europe’s leading
retail and leisure destinations. Skywire is the first of nine unique attractions that will complete ‘Hangloose Adventure - Bluewater’, a
brand-new large-scale leisure offer within the destination. Skywire is the focal point of the adrenaline-themed concept and includes four
individual 725-metre-long zip wires linked to a 15.5-metre high dispatch tower. Situated on Bluewater’s 40-metre high chalk cliffs, it
creates a vertical drop of 55 metres. Riders of the Skywire will achieve speeds of up to 60 mph as they make their descent. Three more
Hangloose Adventure - Bluewater experiences are set to launch over the next 12 months. This includes Europe’s largest rock climbing
wall opening at the end of the year, followed by a 45-metre-high giant swing, and by early 2022 the destination will be home to Skydive,
a free-fall experience not found anywhere else in Europe. These will be followed by five more experiences: a bungee tower, giant slide,
clip and climb, waterdrop boulding wall, and Via Ferrata, a route-marked climb using metal rails and rungs embedded in Bluewater’s cliff
walls. Complementing Hangloose this summer is the return of Bluewater’s beach at The Village, from 17 July – 5 September. This years’
experience is the biggest ever and will include a funfair and traditional stalls, all surrounded by a real beach complete with deckchairs.

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Solution Updates
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Moody’s (USA) Launches Moody’s Moments Video Series Providing
Insight into Corporate Strategy
16
Moody’s Corporation announced the launch of Moody’s Moments a new video series for Moody’s stockholders and
other stakeholders that offers insights from Moody’s leadership into the company’s evolution as a global integrated
risk assessment firm. The Moody’s Moments video series is an initiative of Moody’s Investor Relations team, and
is available on the newly relaunched Moody’s Investor Relations site. The series will feature a variety of leaders
from across the firm. The inaugural video features Rob Fauber, Moody’s President and CEO, who outlines key
components and drivers of Moody’s strategy, as well as areas of strategic focus and other key takeaways for
investors. Mr. Fauber also discusses his strategic priorities as CEO, along with learnings from the pandemic.

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Rewards & Recognition Updates

R & R Updates
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ADP (USA) Recognized as a Customers' Choice in 2021 Gartner Peer Insights
'Voice of the Customer': Cloud HCM Suites for 1,000+ Employee Enterprises
17
Industry analyst firm Gartner recognized ADP as a Customers' Choice with category distinctions in Midsize Enterprises and North
America in its 2021 Gartner Peer Insights 'Voice of the Customer': Cloud HCM Suites for 1,000+ Employee Enterprises.
Distinguished in the Midsize Enterprises category and North America category representing enterprises with 1,000+ employees,
ADP's recognition stems from ratings from end-user professionals who have experience purchasing, implementing or using ADP
Workforce Now. Gartner's Voice of the Customer report synthesizes Gartner Peer Insights' reviews into insights for IT decision
makers informed by real feedback from real users. Gartner Peer Insights is a free peer review and ratings platform for enterprise
software and services. The score and ranking in the Voice of the Customer Report are derived directly from the platform's peer
reviews, which are strictly validated and moderated to ensure their authenticity and reflect perspectives from varying industries,
company sizes and regions. 2021 Gartner Voice of the Customer Cloud HCM Suites report focuses on solutions that deliver
functionality that help organizations attract, develop, engage, retain and manage their workforces. These solutions support a variety
of HCM capabilities, including HR administration, HR service delivery, talent management and workforce management.
R&R Description

R & R Updates
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Cintas Corporation (USA): Digital Realty Expands Global PlatformDIGITAL®
with New Data Centers in Downtown Toronto, Canada and Marseille, France
18
Cintas Corporation is pleased to announce that it has ranked sixth on the 2021 Selling Power 50 Best Companies to sell for list. In 2021, Cintas
moved up one place from its 2020 ranking of No. 7. Cintas has continued its steady climb on Selling Power’s list, rising from No. 27 in 2013.
This is the 21st consecutive year the ranking has been published by Selling Power, and the 16th straight year Cintas has earned a place on the
industry publication’s list. To assemble this year’s 50 Best list Selling Power’s research team created a thorough application where they
gathered data across four main categories:
• Compensation and benefits
• Sales culture
• Onboarding and sales enablement strategies
• Sales training and coaching
Companies were ranked in each of the categories above to determine the final list. The methodology is the product of years of research, and
Selling Power continues to refine the approach each year. Almost all the companies featured on the list invested in and offered thorough
training specific to virtual selling in response to the pandemic. The list encompasses companies of all sizes – with sales forces ranging from
fewer than 100 salespeople to companies with sales-force numbers in the thousands.
R&R Description

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Digital Realty Recognized as a Leader in IDC MarketScape for Datacenter,
Colocation and Interconnection Services for Second Consecutive Year
19
Digital Realty the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced it has been named a leader
in the IDC MarketScape: Worldwide Datacenter Colocation and Interconnection Services 2021 Vendor Assessment for the second consecutive year. The IDC
MarketScape report underscores the evolution of Digital Realty's global platform over the past 18 months, as the company has emerged as a contender for global
enterprise hybrid cloud infrastructure deployments with a focus on providing best-in-class, diverse and flexible solutions. The vendor assessment also cites Digital
Realty's expanded global presence, including the combination with Interxion in 2020 which significantly enhanced the company's position across EMEA. The IDC
MarketScape Vendor Assessment recognized Digital Realty for the following strengths.
• Data center solutions: the report details Digital Realty's comprehensive product offerings, from hyper-scale build-to-suit capabilities to individual suites and
cages, in addition to green facilities that provide energy-efficient power utilization around the globe. It notes the company aims for 100% renewable energy and
has achieved 100% renewable coverage in Europe as well as for its U.S. colocation business, along with numerous sustainability certifications in 2020.
• Connectivity solutions: the study highlights the diverse array of available solutions on PlatformDIGITAL®, including cross-connect, campus and metro as well
as IX and IP Bandwidth. It catalogs Digital Realty's partnerships with partners such as Megaport that enable flexible access to multiple service providers.
• Cloud connectivity solutions: the IDC MarketScape finds that Digital Realty facilitates hybrid cloud architectures with access to popular cloud platforms and
multi-cloud access.
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Fiserv (USA) Recognized as One of the 50 Most Community-Minded
Companies in the United States
20
Points of Light, the world’s largest organization dedicated to volunteer service, has named Fiserv, Inc. a leading global provider of payments and
financial services technology solutions, to The Civic 50. The Civic 50 provides a national standard for corporate citizenship and honors
community-minded companies using their time, skills and resources to drive social impact. Honorees have annual U.S. revenues of at least $1
billion and are selected based on four dimensions of their corporate citizenship and social impact programs -- investment of resources, integration
across business functions, institutionalization through policies and systems and impact measurement. As part of its Forward Together plan, Fiserv
has designated $50 million for investment in black and minority-owned small businesses and entrepreneurs, and associated initiatives, through its
Back2Business program, and supports community groups focused on human rights, racial equity and social justice. Through its Employee
Resource Group Program and associate engagement and volunteerism efforts, Fiserv donated to over 45 non-profit organizations in 2020, and, via
Fiserv Salutes, supported the military community with career opportunities, education resources, and business solutions for veteran-owned
businesses. Since it was launched in 2012, The Civic 50 has provided a roadmap for good corporate citizenship and showcases how committed
companies are moving social impact, civic engagement and community to the center of their business.
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Fiserv (USA) Named a Forbes Best Employer for Diversity
21
Forbes has named Fiserv, Inc. a leading global provider of payments and financial services technology solutions, to the fourth annual
ranking of America’s Best Employers for Diversity, which recognizes organizations that put diversity at the forefront of their company
values and have implemented proven long-term initiatives to create an inclusive environment. As part of its Forward Together plan, Fiserv
is committed to improving diversity across all levels of the organization, including the representation of ethnically diverse associates in
leadership positions. Additionally, Fiserv is increasing associate awareness, education and participation in diversity and inclusion
programs. Fiserv is also helping small business get Back2Business, investing $50 million in black- and minority-owned businesses, and
supports community groups with missions focused on human rights, racial equity and social justice. To determine America’s Best
Employers for Diversity, Forbes partnered with market research company Statista to survey 50,000 Americans working for businesses
with at least 1,000 employees and pinpointed the companies they identified as being most dedicated to diversity, equity and inclusion.
The final rankings list the 500 employers that not only received the most recommendations, but also boast the most diverse boards and
executive ranks, as well as the most proactive diversity and inclusion initiatives.
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Hang Lung (Hong Kong) Properties Named Among “China Best
Managed Companies 2021”
22
Hang Lung Properties has received the honor of being named among “China Best Managed Companies 2021”, as the only property
developer among the 13 new winners. The recognition highlights the Company’s commitment to excellence in management by
upholding its philosophy of We Do It Well. Through a meticulous process of evaluation following the global framework of Best
Managed criteria – Strategy, Capabilities, Commitment, and Financial Strength – the Independent Review Committee selected 42
companies for entry to the China 2021 Best Managed Companies list. Among these distinguished companies, 13 are making their
debut on the list in 2021, including Hang Lung Properties, which is the only property developer among the new winners. Founded in
Canada in 1993, the Deloitte Best Managed Companies (BMC) Program is a global initiative to recognize and witness private
companies that have advanced management concept and management excellence. As the first program of its kind in China, it was
initiated in the country in August 2018 by Deloitte China and its partners, Bank of Singapore, HKUST Business School, Harvard
Business Review China, and regional chambers of commerce and professional associations. 2021 marks the Program’s third year of
awards in China.
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Hang Lung (Hong Kong): Grand Gateway 66 Wins “Best Commercial Renovation/Redevelopment
Project” Award at Asia Pacific Property Awards 2021–2022
23
Hang Lung Properties is pleased to announce that Grand Gateway 66, its landmark project in Shanghai, has won yet another major award for its
outstanding Asset Enhancement Initiative “Best Commercial Renovation/Redevelopment Project”– at the Asia Pacific Property Awards
2021-2022. This latest top industry award deepens the recognition of the outstanding strength of Hang Lung Properties following the Gold Award
in the “Best Refurbished Building” category at MIPIM Asia Awards 2020, and the “Best Asset Enhancement Initiative (Mainland China)” at the
PropertyGuru Asia Property Awards 2020. As the first comprehensive commercial project in mainland China, Grand Gateway 66 has been a retail
landmark combining business and culture since it opened two decades ago. To strengthen its leading position in the luxury retail market, and to
fully reflect the Company’s customer-centric focus, Grand Gateway 66 has positioned itself as the “Gateway to Inspiration”. Following the
completion of the three-year Asset Enhancement Initiative last November, Grand Gateway 66 will continue to deliver an enriched brand matrix,
inspiring customers and raising the bar in providing unique Hang Lung one-stop lifestyle experiences. Established in 2008, the Asia Pacific
Property Awards has become the largest, most prestigious and influential section of The International Property Awards, a world-renowned and
coveted mark of excellence. The awards aim to honour the outstanding property projects in Asia Pacific. Over the years, it has been regarded as
one of the most recognized awards in the region for its authority and rigorous judging criteria.
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Johnson Controls (Ireland) Honored to be Named One of 100 Best Corporate
Citizens of 2021 for 16th Year in a Row
24
Johnson Controls, the global leader for smart healthy and sustainable buildings, is honored to have been named a 100 Best Corporate Citizen for 2021. This
marks the 16th year in a row Johnson Controls has been named a 100 Best Corporate Citizen, joining only 19 other companies who have been on the list each
year since 2009. The company is proud for being recognized for leading environmental, social and governance (ESG) transparency and performance amongst
the 1,000 largest U.S. public companies. As part of its environmental and sustainability commitments, Johnson Controls has committed to achieving net zero
carbon before 2040, and announced science-based targets for 2030. It aims to slash its operational emissions by 55 percent and reduce customers’ emissions
by 16 percent in absolute terms before 2030. These ambitious reduction targets, which have been independently approved by the Science Based Targets
Initiative (SBTi), are consistent with reductions required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement. As a leader in the
buildings space for more than 135 years, Johnson Controls has been a pioneer in sustainability. It is ranked in the top 12 percent of climate leadership
companies globally by CDP and was recently named to the inaugural Financial Times Climate Leaders in Europe List and again to the World’s Most Ethical
Companies® Honoree List. Johnson Controls is also one of Corporate Knights’ global 100 most Sustainable Companies. The 100 Best Corporate Citizen for
2021 methodology considers 146 ESG factors across eight pillars (Climate Change; Employees; Environment; ESG Performance; Financial; Governance;
Human Rights; Stakeholders and Society) and addresses key issues exposed during the pandemic and Black Lives Matter movement.
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Sino-Ocean Group (Hong Kong) won multiple RICS annual awards, Wuhan Sino-Ocean·Eastern
World View won the champion of "Annual Residential Project"
25
Royal Institution of Chartered Surveyors 2021 Nian RICS China Summit and the awards ceremony was successfully held in
Shanghai. As an annual event in China's real estate, construction and infrastructure industries, the summit brought together nearly 500
top experts, scholars and professionals in the real estate and construction industries. Cui Hongjie, Executive Director and CEO of
Sino-Ocean Group, was invited to attend as a construction review committee member. RICS Awards is a prestigious international
award in the global real estate and construction industry. It has been selected for more than 20 years in the world. It has been held in
China for 5 years and has demonstrated inspiring innovations and development results in the field of China's built environment from
a fair and professional perspective. After more than one month of professional review by a review committee composed of 11 industry
experts, all 13 annual awards of " RICS Awards China " were announced. Under the four scoring standards of "professionalism,
teamwork, innovation and technology, and achievements and achievements", Wuhan Ocean·Eastern World View and Hangzhou
Ocean Xixi Mansion stood out from the fierce competition and won the championship and excellence of "Residential Project of the
Year" respectively.
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Sino-Ocean Group (Hong Kong) won the "National Top Ten Quality
Works" award
26
The Crane Product Force 100 Working Group released the list of the top ten national quality works in the first half of 2021. With the scarce "Construction
Health" label and hard-core product strength, Sino-Ocean Hongqiao Wanheyuan was successfully selected and became the only residential project on the list
in Shanghai. Project for the human body 11 large health system, with "air, water, nutrients, light, sound, movement, comfort, materials, community, the spirit
of" 10 big WELL concept of health and 108 criteria, 204 Xiang technical details, a community full coverage Style health construction, create a more humane
and healthy living space, and enhance the health experience of residents. In order to ensure that the indoor air and humidity are more beneficial to health, in
addition to real-time monitoring of formaldehyde, PM2.5 and other pollutants in the air, the project also purifies the indoor air through a fresh air system;
each room in the room can display real-time humidity and heat, and more Can be set according to personal needs. In addition, health standards are set for
glare, noise, etc. in life, and through nutritious diet and stimulating exercise, residents can improve their physical fitness. The WELL standard is the health
tool that Sino-Ocean Group initially sought globally. As a practitioner of the "Healthy China" strategy and a pioneer of "Building Health", Sino-Ocean Group
has been deeply involved in the field of building health for many years and has achieved numerous results. As of 2021 Nian 6 months, the ocean has 27
projects completed WELL building standards registered, 15 projects were awarded WELL Gold pre-certified, 11 projects formally WELL building standards
ultimately certification, is China won the most number of certification programs, area The largest enterprise.
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Air Lease (USA) Corporation Announces Delivery of New Airbus
A350-900 Aircraft to World2Fly
27
Air Lease Corporation announced the delivery of one new Airbus A350-900 aircraft, featuring Rolls-Royce Trent XWB
engines, on long-term lease to World2Fly (Spain). This aircraft is the first of two new A350-900 aircraft confirmed to
deliver to the airline from ALC’s order book with Airbus. This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements
are based on current expectations and projections about our future results, prospects and opportunities and are not
guarantees of future performance. Such statements will not be updated unless required by law. Actual results and
performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of
factors, including those discussed in our filings with the Securities and Exchange Commission.
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Johnson Controls (Ireland) Selects Environmentally Sustainable R-454B as Future
Refrigerant for New Ducted HVAC Equipment and Air-cooled Scroll Chillers
28
Johnson Controls, the global leader for smart healthy and sustainable buildings has selected R-454B, a lower global warming potential (GWP)
refrigerant, to replace R-410A in its ducted residential and commercial unitary products as well as air-cooled scroll chillers. Systems using the new
refrigerant will be available for Johnson Controls, YORK®, Luxaire®, Coleman®, Champion®, TempMaster®, Fraser-Johnston®, Guardian®, Evcon
™ and Quantech® branded products in North America, as well as specific international markets where codes are in alignment. This decision was made
as the HVAC industry is preparing to phase out high-GWP refrigerants, such as R-410A, which are now being formally addressed by the Environmental
Protection Agency (EPA) through the recently passed American Innovation and Manufacturing (AIM) Act1. The AIM Act directs the EPA to phase
down U.S. hydrofluorocarbon (HFC) production and use by approximately 85 percent over the next 15 years. After evaluating several low-GWP
alternatives on a variety of performance and market metrics, such as safety, capacity, efficiency, reliability, availability and longevity, Johnson Controls
has determined R-454B to be the best-in-class2 replacement refrigerant – a decision echoed by other leading HVAC manufacturers. R454B has the
lowest EPA SNAP3 approved GWP for unitary applications of all ASHRAE classified A2L (low-toxicity, mild flammability) refrigerants on the market
coming in at 466. This is one-fifth the GWP of R-410A, far lower than the pending 750 GWP limits being proposed and offering the longest-term
viability.
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Epson Selected for Inclusion in the FTSE4Good Index Series for the 18th
Consecutive Year
29
Seiko Epson Corporation was selected for inclusion in the FTSE4Good Index Series, a responsible investment (RI) index of
FTSE Russell, a London Stock Exchange Group company. This marks the 18th consecutive year that Epson has been selected.
Epson sees its inclusion in this index as objective evidence that its efforts to address environmental and social issues are
recognized, and that it is seen as a sustainable company. Epson aspires to achieve sustainability and enrich communities over
the long term. In March 2021, we revised our vision, which guides management, to realign it with this aspirational goal. The
new Epson 25 Renewed corporate vision states that the company will focus particularly on businesses that contribute to the
environment, and that we will continue to develop businesses that address such societal issues. The FTSE4Good Index Series
was created by global index provider FTSE Russell and is designed to measure the performance of companies that
demonstrate strong environmental, social and governance (ESG) practices. The FTSE4Good Index Series is widely used to
create and evaluate sustainable investment funds and other financial products.
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ADP (USA) Named One of the Best Companies for Multicultural Women
by Seramount
30
ADP® leading global technology company providing human capital management (HCM) solutions has been named one of the 2021 Best Companies for
Multicultural Women by Seramount. This marks the seventh year ADP has received this recognition for creating and using best practices in hiring, retaining, and
promoting multicultural women in the United States. Since 2003, Seramount's Best Companies for Multicultural Women has tracked corporations' progress in
creating cultures that encourage multicultural women to join and rise through the ranks. The Best Companies for Multicultural Women application includes more
than 250 questions on representation; hiring, attrition and promotion rates; recruitment, retention and advancement programs; and company culture. The scoring
algorithm is based on the previous year's benchmark results, which then determines the winners. Seramount reports participation in the initiative is up 19 percent
year over year, and over the last five years, it has increased by 358 percent. ADP has programs and policies in place to successfully recruit, retain and professionally
advance multicultural women. These efforts include sponsoring ADP's global business resource groups, offering multicultural leadership development designed to
advance minority talent, and hosting the annual Black Enterprise Women of Power Summit. Additionally, ADP's Global Advancing Women in Leadership (AWL)
program gives high-performing women, starting at the manager level, the opportunity to define and bolster their career aspirations through facilitators, speakers,
and exposure opportunities to senior leadership. In recognition of ADP's commitment to foster a culture of inclusion across the organization, ADP also ranked
eighth on DiversityInc's recently released 2021 Top 50 Companies for Diversity list. To help organizations further their own diversity, equity and inclusion efforts,
ADP also offers a DEI toolkit with best practices, tools and resources.
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Financial technology leader (USA): USALLIANCE Financial Selects FIS’
Payments One to Modernize Credit and Debit Card Processing
31
Financial technology leader FIS® announced that Rye, NY-based USALLIANCE Financial has selected the FIS Payments One platform
to streamline and modernize its portfolio of credit and debit card digital payment offerings for its members. Founded in 1966,
USALLIANCE manages more than $2 billion in assets for its more than 125,000 members. Known as a leader in providing innovative
new digital services to its members, the Credit Union was looking for a proven, integrated payments platform to power its future growth
and enable it to further differentiate its offerings from competitors, both credit unions and banks. A recent FIS PACE survey conducted
in February 2021 found that credit unions were second only to large banks in winning new bank accounts during the pandemic. However,
the FIS survey also showed that as much as 15 percent of credit union members do not hold cards, representing a significant opportunity
for growth. With FIS Payments One, USALLIANCE can manage its entire portfolio of card processing solutions, loyalty, fraud
protection, card production and other payments functionality in a single, end-to-end platform. As consumers shift more of their spending
online, the FIS platform also provides robust digital capabilities as well as highly-secure payments technology like tokenization and
self-service controls for cardholders.
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BMO Harris Bank Selects FIS (USA) for Modernization of Core and
Digital Banking Platforms
32
BMO Harris Bank is expanding its relationship with financial technology leader FIS® with a major, multi-year
program to transform its core banking systems to support the bank’s growth plans in the U.S. As a long-time FIS client,
BMO will implement the FIS Modern Banking Platform to power an expanded retail digital platform, which will offer
U.S. consumers a range of mobile-first deposit and checking accounts. BMO has significantly extended its retail
footprint beyond the Midwest, with a national banking platform and accepting digital deposits in all 50 states. The
multi-year technology modernization program will provide BMO with greater agility to support its continued growth
in the U.S. market, bring new products to market more quickly, and increase operational efficiencies. The technology
agreement also includes FIS Payments One, Digital One, the Code Connect application programming interface (API)
gateway, and a range of call center, card production, and back-office managed services.
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Johnson Controls (Ireland) Named One of the Best Companies for
Multicultural Women 2021 by Seramount
33
Johnson Controls the global leader for smart, healthy and sustainable buildings, has been named one of the 2021 Best Companies for Multicultural
Women by Seramount (formerly Working Mother Media) – an honor recognizing companies that create and use best practices in hiring, retaining
and promoting multicultural women in the United States. Through its Diversity and Inclusion mission to empower every employee to take an active
role in creating a culture that values uniqueness, celebrates creativity and drives innovation, Johnson Controls works to elevate each employee’s
responsibility to contribute to its culture. Business Resource Groups (BRGs) are an integral part of the company's overall workforce diversity
strategy. Currently, there are nine employee-driven BRGs with more than 70 chapters globally. Equally important are its corporate partnerships
with global, national and local diversity and professional organizations. Since 2003, Seramount's Best Companies for Multicultural Women has
tracked corporations' progress in creating cultures that encourage multicultural women to join and rise through the ranks. Participation in this
initiative is up 19 percent year over year, and over the last five years, it has increased by 358 percent. Seramount's Insights team attributes the
uptick to increased interest in hiring and promoting women of color as well as improvement in the types of questions asked, especially the specific
evaluation of women at each level by individual race and ethnicity, and the introduction of questions on anti-racism efforts.
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Ryder (USA): Real-Time Visibility Technology RyderShare™ Named a
Top Supply Chain Project by Supply & Demand Chain Executive
34
Ryder System, Inc. a leader in supply chain, dedicated transportation, and fleet management solutions, announces that its one-of-a-kind real-time visibility
and collaborative logistics platform RyderShareTM earned the company a coveted spot among Supply & Demand Chain Executive’s Top Supply Chain
Projects for 2021. The annual award spotlights successful and innovative transformation projects that deliver bottom-line value to small, medium, and large
enterprises across a range of supply chain functions. RyderShare enables everyone involved in moving goods through supply chains – including shippers,
receivers, carriers, and service providers– to see across the supply chain in real time and work together to prevent costly delays and find efficiency gains.
RyderShare also incorporates best-in-class business intelligence tools combined with a proprietary analytics solution. This informs future decisions, prepares
supply chains for unexpected events, and speeds recovery from disruptions. Already, RyderShare customers representing globally recognized brands across
various industry sectors are realizing significant results. Do it Best Corp., a member-owned hardware, lumber, and building materials cooperative, had relied
on phone calls and emails to service its nearly 4,000 member stores nationwide. However, when the company’s sales skyrocketed by up to 70% during the
pandemic, the company says it would have been impossible to manually calculate numerous new delivery routes and estimated times of arrival and then
communicate that to stores. RyderShare made it possible by delivering real-time visibility, enabling store managers to track their trucks in real time and, in
some cases, communicate to their communities through social media to sell essential goods as the trucks arrived.
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ADP (USA) and OMNIA Partners Unite to Provide Payroll and HR Solutions
to Government and Education Organizations
35
ADP, a leading global technology company providing human capital management (HCM) solutions, announced it was awarded a new
three-year contract with OMNIA Partners, Public Sector, to provide HR, talent, benefits, payroll and compliance solutions to over
140,000 public sector organizations. As part of the agreement, these public sector organizations, which include state and local
government entities as well as educational institutions in all 50 states, will have access to ADP’s breadth of solutions to help them
build a better workforce. OMNIA Public Sector members will have access to ADP’s leading capabilities and the following solutions.
Capabilities:
• Benefits administration services that are flexible, simple and engaging
• Fast, easy, accurate payroll and tax, allowing organizations to save time and money
• Easy time and attendance tools to manage labor costs and compliance
• Capabilities to outsource time-consuming, low-reward HR management tasks
• Ability to quickly connect ADP solutions to popular software, ERPs and other HR systems
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AvalonBay (USA) Communities Inc. Partners with Bilt Rewards to Introduce
First Program for Residents to Earn Points on Rent
36
Avalonbay Communities, Inc. Announces A Partnership With Bilt Rewards To Offer The First And Only Rewards Program For Residents
To Earn Points On Rent. Bilt Rewards Will Roll Out At Avalonbay Communities Later This Year. Residents At All Avalonbay
Communities Will Be Invited To Join The Free Program Where They Can Start Earning Points When Paying Rent Through The Bilt
Rewards App. Additionally, Avalonbay Residents Will Receive An Invitation For The Bilt Mastercard, An Extension Of Bilt Rewards
And The First Credit Card That Allows Users To Pay Their Rent With No Annual Fee And Without Burdening The Building Owner With
Ongoing Fees. With The Card, Avalonbay Residents Can Also Earn Points On Non-Rent Purchases, Enabling Them To Maximize
Rewards Potential. Points Earned Through The Bilt Rewards And Bilt Mastercard Will Be Redeemable For A Variety Of Rewards,
Including Towards A Down Payment On A Home, Supporting The Desire Of Many Americans To Purchase A Home At Some Point In
Their Lives. In Addition, Points Can Transfer One-To-One For Travel With Over 100 Major Airline And Hotel Partners As Well As Be
Redeemed For Fitness Classes At Leading Boutique Studios, Home Décor And Other Products.
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Canon (Japan) and IBM Japan form joint business operation utilizing volumetric
video technology to promote the visual and performing arts
37
Canon Inc. and IBM Japan Ltd. announced that, starting in July, the two companies will form a business partnership based on the use of volumetric
video technology to promote the visual and performing arts. Volumetric video technology entails the use of digitalized 3D spatial data, which is
rendered by computers to create a virtual space in which video can be generated from any angle. This technology has attracted significant interest in the
sporting world and is becoming increasingly widespread in the entertainment industry. In addition, Canon has implemented this technology during an
international rugby tournament in 2019 as well as other sporting events. In July 2020, the company established its Volumetric Video Studio - Kawasaki,
to expand its range of activities in the entertainment industry. In this joint project both companies have leveraged their combined technologies, products
and networks to propose a volumetric video solution for the visual and performing arts community, with the aim of exploring new business
opportunities and creating and growing new value for audiences. In particular, Canon contributes its volumetric video technology, which makes possible
nearly simultaneous video capture and generation of high-resolution video. Through this technology, the company provides a new method for video
content production and audiovisual experiences, in addition to passing on valuable cultural traditions. Leveraging its know-how and experience in the
field of art, IBM Japan provides consulting services that include business strategies and project execution support for companies involved in the arts in
order to help the visual and performing arts achieve a digital transformation.
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Broadridge (USA) Collaborates with AWS to Extend its Private Market Hub,
the Industry-Leading Private Equity Blockchain Solution
38
Utilizing distributed ledger technology to better streamline and connect the private equity ecosystem and assets, Broadridge Financial Solutions,
Inc. released the latest evolution of its industry-leading Private Market Hub platform, using Amazon Managed Blockchain from Amazon Web
Services, Inc. (AWS). The updated platform, the industry’s first deployment of blockchain technology for the private equity market, now has added
connectivity to existing industry tools and technologies to help further automate workflows between front-, middle- and back-office functions
providing a consistent, secure, real-time view of the data. Bringing together private equity ecosystem participants, Private Market Hub not only
reduces friction for fund managers, investors and administrators, but also allows for easier auditability. Funds can manage, communicate and
engage with investors and other stakeholders with far greater efficiency. These innovations are enabled by distributed ledger technology, which
streamlines traditionally disconnected and inefficient processes and facilitates visibility and trust. Making private investments is a highly manual
and time-intensive process for all parties involved, due to disconnected communication and data-sharing channels. For funds, managing investor
communications and other documents is a burdensome task and functions for managing processes like capital calls are both time- and
resource-intensive. Back-office reconciliation between systems often requires extensive manual steps and, as a result, there is no single view of
fund performance and investor details.
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Cintas Corporation (USA) Fire Protection Division Partners with the National
Fallen Firefighters Foundation
39
The National Fallen Firefighters Foundation is pleased to announce its newest partnership with Cintas Corporation's Fire
Division. The NFFF is proud to partner with Cintas, a national leader in Fire Protection. Cintas Fire Protection’s generous
contribution will sponsor our National Stair Climb in Belmont Park, New York, and our Stair Climb program nationally. The
funds from those events provide direct support to the families of fallen firefighters and supports programs of the FDNY. Cintas
will also be sponsoring and hosting NFFF learning and development courses for local fire departments and leadership to promote
our Prevent the Preventable (PtP) programs nationwide. PtP is designed to help the fire service partner with their communities to
promote life safety initiatives by reducing the incidents of fire and other hazards. “The National Fallen Firefighters Foundation
does an incredible job supporting the families and loved ones following tragedies while providing necessary educational
opportunities to reduce future incidents. We believe this partnership provides added resources and support to continue and expand
the amazing work the foundation does in our communities,” said President and COO of Cintas Corporation’s Fire Division.
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Deutsche Bank and Fiserv (USA) announce joint venture for payment
acceptance in Germany
40
Deutsche Bank, Germany’s largest bank, together with Fiserv, a leading global provider of payments and financial
services technology announced a joint venture to create a comprehensive provider of payment acceptance and banking
solutions. The joint venture will serve small and medium-sized enterprises (SMEs) in the German market and will be
based in Frankfurt am Main, pending regulatory approval. The joint venture expects to serve several thousand clients
from the start. Deutsche Bank, together with their Postbank and Fyrst brands, has around 800,000 SMEs who will
benefit from the new solutions going forward. The joint venture will also offer services to non-Deutsche Bank-clients
and is expected to employ a low triple-digit workforce.
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FIS (USA) Launches First in a New Series of AI-Enabled Risk Solutions with
C3 AI for Financial Services Industry
41
Financial technology leader FIS® announced the first in a new series of solutions developed in partnership with C3 AI to help capital
markets firms tap into the power of their organizational data to increase efficiency and better manage regulatory compliance and risk. The
AML Compliance Hub leverages C3 AI’s advanced machine learning technology, combined with the deep financial industry domain
expertise of FIS, to dramatically improve the efficiency of financial crime detection. Designed to help capital markets firms fight the
increasing threat of financial crime, the machine learning-based platform aggregates and analyzes client data across disparate systems to
enhance AML and KYC processes, improving decision-making and reducing false positive alerts. Recent research from the FIS
Readiness Report shows that 78% of capital markets firms plan to invest in AI in 2021 to advance their strategic goals. The FIS
Compliance Hub provides a dashboard view where users can view reports and receive alerts as to key risk drivers, suspicious activity, and
AML scoring. By reducing false positives, organizations can focus on true threats that require dedicated attention and timely action. The
partnership with C3 AI is reflective of FIS’ focus on partnering with innovative companies to accelerate its ability to deliver disruptive
new technologies and solutions into the market.
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Banking-as-a-Service Authentication and Lending Technologies Highlight Ten Growth-Stage
Companies Chosen for 2021 FIS (USA) Fintech Accelerator Program
42
Financial technology leader FIS® and The Venture Center have announced the ten companies selected to participate in the 2021 FIS Fintech Accelerator program. In its sixth year, the FIS Fintech Accelerator
program is focused on identifying and fostering startup financial technology firms with promising, high-potential technologies that advance the way the world pays, banks and invests. The 2021 program
received applications from fintech companies in the U.S. and 29 other countries. The ten selected fintech companies and their focus areas are:
• Array – Credit monitoring
• Atomic – Authentication / direct deposit
• Bankifi – Banking-as-a-service
• BankLabs – Lending
• Informed.IQ – Automation
• Long Game – Financial wellness
• OakNorth – Lending
• Railz – Data-as-a-service
• TaxStatus – Authentication / lending
• Vymo – Customer relationship management
The public is invited to learn more about these companies at the FIS Fintech Accelerator Virtual Kickoff on June 9, 2021 at 11 a.m. CST. Register here to attend. Thirty percent of this year’s cohort features
solutions created by women founders. The 2021 program again will be conducted virtually. The 12-week accelerator program begins on June 7 and is preceded by a four-week program to prepare company
founders to work with FIS and its clients.
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ISS (Denmark) signs 5-year IFS contract with Equinor
43
ISS Facility Services in Norway announced an agreement with energy company Equinor to deliver services to its office
sites. The contract will run for five years, with a possible extension of five additional years. With revenue of MNOK 550
per year for five years, this is the largest facility management contract in the Norwegian market. ISS will deliver a full
range of integrated facility services, including cleaning, food and catering, operations maintenance, as well as office
support and security, to 12 office sites in six different Norwegian cities. Around 550 ISS employees will be involved in the
daily operations. The contract is a vested contract, and the largest of its kind ever signed in the Nordics. In contrast to
traditional outsourcing, where you buy carefully selected services, a Vested agreement is built upon mutual trust and both
parties commit to each other’s success, resulting in better services and reduced cost. Vested is a methodology developed
by researchers at the University of Tennessee and the process has been facilitated by an approved facilitator and will be
certified by the University of Tennessee.
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ISS (Denmark) and Danish Defense agree to exit partnership agreement
44
ISS Facility Services A/S and The Danish Ministry of Defense Estate Agency have entered into agreement to exit the
partnership con-tract between the two parties. The partnership agreement, which was signed in 2017, originally ran
until 30 January 2024. However, it has subsequently turned out to be difficult to realize the potentials and opportunities
that was a crucial part of the foundation of the partnership. For this reason, the parties have now agreed to phase out
the partnership gradually during the next 11 months. Furthermore, an exit payment from ISS to the Danish Defense has
been agreed. The Danish Defense will take over all the services and obligations, currently being handled by ISS, during
the transition period. ISS employees working on the Danish Defense contract will receive an offer to transfer to the new
employer, The Danish Ministry of Defense Estate Agency.
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Lendlease (Australia) and Mitsubishi Estate partner on second residential
tower at One Sydney Harbour
45
Lendlease announced the establishment of a joint venture with Mitsubishi Estate to deliver Residences Two, the second
residential tower at One Sydney Harbour, Barangaroo. Under the terms of the joint venture, Mitsubishi Estate will acquire
a 25 per cent interest in the tower. Establishment of the Residences Two joint venture further strengthens Lendlease’s
relationship with Mitsubishi Estate, which holds a 25 per cent interest in Residences One at One Sydney Harbour and a 30
per cent interest in Sydney Place. Rising 235m above Sydney Harbour, Residences Two, which has an estimated value of
approximately $1.7 billion, will comprise 322 apartments across 68 levels. An off market sales campaign to select
customers, followed by the recent public sales launch, has lifted pre sales on the project to 59 per cent. Construction of
Residences Two has commenced and is expected to be completed by mid to late 2024. One Sydney Harbour, comprising
three residential towers, is the final piece in Lendlease’s award-winning, mixed use, carbon neutral precinct, Barangaroo
South.
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Recruit Holdings (Japan) Announces Entering into Agreements Regarding
Going Private Transaction of 51job, Inc.
46
Recruit Holdings Co., Ltd. announces that the Company, following the resolution by the Board of Directors of the Company, entered into definitive
agreements with 51job, Inc. and a group of investors on June 21, 2021, regarding a going private transaction of 51job by the Investors and the
Company. The Company filed the Schedule 13D/A to the SEC on June 21, 2021 EDT accordingly. 51job, headquartered in Shanghai, is an
equity-method associate of the Company in which the Company owns an approximately 34.8% stake, including in the form of American
Depositary Shares. The Company believes the Transaction will be beneficial to 51job's further development in the long-term and intends to
continue retaining a majority portion of the Company's existing shareholding in 51job. As part of the Transaction, the Company is expected to
receive convertible bonds with total par value of 339 million US dollars and cash of 258 million US dollars as consideration for a portion of its
existing investment into 51job common shares. After the completion of the Transaction, the Company's shareholding in 51job is expected to be
approximately 37.0% of outstanding shares and approximately 42.7% on a fully diluted basis including convertible bonds. 51job is expected to
remain an equity-method associate of the Company. The closing of the Transaction is subject to customary conditions, including the approval of
the merger agreement at a general meeting of 51job's shareholders. For further detail, please refer to the related announcement made by 51job.
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Epson (USA) Partners with National Geographic to Encourage Consumers
and Businesses to Turn Down the Heat in the Fight against Climate Change
47
Epson has joined forces with National Geographic to promote the protection of the world's permafrost - the frozen
ground beneath the polar regions of the earth - in its newly launched 'Turn down the Heat' campaign. The campaign
comes as scientists predict the world's permafrost will thaw entirely by 2100, drastically changing ecologies, raising
global sea levels, and releasing over 950 billion tons of methane into the atmosphere. Together, Epson and National
Geographic aim to raise awareness of how people can reduce their own impact of global warming, from homes to
offices and other businesses. Saving energy is essential in the fight against global warming, but numerous
technologies in both businesses and homes consume significant volumes of it on a daily basis. Epson's pioneering
range of printers with Heat-Free Technology buck this trend, reducing environmental impact by using low energy
and few replacement parts.
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Sino-Ocean Group (Hong Kong) and Ping an Bank signed a bank-enterprise
strategic cooperation agreement with a credit line of 30 billion yuan
48
Ocean Group and Ping An Bank Co., Ltd. formally signed a strategic cooperation agreement between banks and enterprises. Ping a Bank will
provide Sino-Ocean Group with an intentional credit of 30 billion yuan, and provide tailor-made financial service products and solutions, as well
as domestic and overseas financing support. Both parties agreed to further enhance the overall cooperation, establish a long-term and constructive
strategic partnership, and carry out fruitful all-round cooperation to consolidate and expand the development advantages of both parties in their
respective fields, mutual benefit, and achieve win-win development. ; Further deepen the cooperation in financing methods and financing business,
continue to help the construction of urban human settlements, and serve the high-quality development of cities. Vice president of the head office
of Ping An Bank and president of the Beijing branch, said that Sino-Ocean Group is financially sound, has a good credit rating, and has developed
a steady growth in its main business, and has deployed its urban renewal business forward-looking with precise judgment. Ping An Bank deeply
admires Sino-Ocean Group's strategic layout and achievements. The two parties have a high degree of business fit, and many years of cooperation
have yielded fruitful results. Under the current series of new policy opportunities, it is expected that the signing of Ping An Bank and Sino-Ocean
Group will further strengthen and expand the scale of cooperation between the two parties and seek a new chapter in the development of both
parties.
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Just Eat Takeaway.com and Sodexo (France) sign a global partnership kicking
off in Belgium
49
Just Eat Takeaway.com a leading global online food delivery marketplace, and Sodexo, the world leader of quality of
life services, have signed a global partnership which will kick-off this week in Belgium and extend to other European
countries in the coming period. Belgian consumers can now use their Sodexo meal Card as a payment method for
ordering their meals at a wide variety of Belgian restaurants throughout the country seven days per week via the
Takeaway.com website and app. More countries including France will follow in the course of the year. The partnership
between Sodexo and Just Eat Takeaway.com will help to facilitate consumer’s daily life and provide them with a
simple, fast and secure payment experience. It combines the very best of Sodexo’s expertise in digital transactions and
Just Eat Takeaway.com’s broad range of offerings on the platform. In Belgium, this new service represents a major
opportunity for the over 1.300 restaurants that will be available from launch, and more will be added over time.
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Canon (Japan): Tsuzuri Project to donate a high-resolution facsimile of the national
treasure Kujaku Myo'o (hanging scroll) to the National Institutes for Cultural
50
Canon Inc. announced that the Tsuzuri Project a joint project organized by Canon and the Kyoto Culture Association donated a high-resolution
facsimile of a "Kujaku Myo'o" the original of which resides in the collection of the Tokyo National Museum—as part of the project's Stage 14. The
facsimile was donated to the National Institutes for Cultural Heritage and will be displayed at the Tokyo National Museum from June 22. The
national treasure "Kujaku Myo'o" (hanging scroll) is a large (approximately 150 cm x 100 cm) silk work depicting a peaceful Kujaku Myo'o in
soft, delicate colors and wearing clothing decorated with kirikane1 metal foil. It is believed to be the only surviving work from Japan's Heian
period (794-1185 CE) that features the Kujaku Myo'o, and was created using colors and artistic techniques that flourished during the Insei
(cloistered rule) period, making it a highly valuable artifact. In addition, it is the oldest original work that the Tsuzuri Project has handled to date.
In order to minimize the wear on the original work during the high-resolution facsimile creation process, Canon's latest digital imaging
technologies and the skills of traditional Kyoto artisans, or takumi, were utilized to produce a facsimile that is highly faithful to the
original—including coloring and kirikane that is accurate to within 0.2 mm. Thanks to this donation, the original works can be preserved in more
ideal environments while the high-resolution facsimiles can be widely used for public display, allowing more people the opportunity to experience
the works in person.
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Lendlease (Australia) and IKEA join forces to help QLD women and children
escaping family and domestic violence
51
National charity yourtown will receive a combined $125,000 donation from Lendlease’s shared value initiative, FutureSteps, and
furniture giant IKEA to help build and furnish a new transitional home in Queensland. Lendlease has donated $100,000 in funding and
IKEA has pledged $25,000 worth of furniture to the project. The new four-bedroom home will provide safe and secure accommodation
for women and children escaping domestic and family violence. The home will be constructed by yourtown’s social enterprise initiative,
which provides training and employment to young job seekers at risk of long-term unemployment and supports them in gaining a
certificate in construction. As many as 10 young people will work on the delivery of the project. Women and children experiencing family
and domestic violence face two high-risk transition points: when they leave a violent partner to access accommodation such as a refuge;
and when they leave a refuge to settle into independent housing. There is currently an acute shortage of appropriate housing options for
women and children exiting refuges, often meaning they are forced to stay longer in a refuge or consider unsafe alternatives. IKEA will
deliver items to assist with the build of the property, such as cupboards, bathrooms and in-built items in late June. A second delivery will
consist of furniture and house-hold items and is estimated for August.
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Air Lease Corporation (USA) Adds $100,000 to ISTAT Foundation Matching
Campaign to Benefit Airlink's Operation Airlift India
52
Air Lease Corporation has joined the International Society of Transport Aircraft Trading (ISTAT) Foundation in
support of Airlink's Operation Airlift India bringing the combined donation to $230,000 for the purpose of immediate
COVID-19 relief. Air Lease Corporation is matching the ISTAT Foundation's initial $100,000 donation, helping
surpass its original goal of raising $150,000 for this important initiative. The ISTAT Foundation has committed a total
of $115,000 along with $15,000 raised by its membership in a Matching Gift Campaign in June.
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New World Development (Hong Kong) Launches HK$10 Million New
COVID-19 Initiative with NGOs for the Underprivileged
53
New World Development announces, as part of its vision of Creating Shared Value (CSV), a new anti-pandemic initiative for the underprivileged.
Approximately 5,000 eligible beneficiaries will be receiving a HK$1,000 allowance for vaccination grant and health consultation in the first phase
of the initiative, as New World Development aims to help the underprivileged. The new initiative is launched in partnership with three NGOs,
which will select and nominate the beneficiaries, and hand out a HK$1,000 as salary or health consultation allowance to each eligible individual
starting from the end of June. At the start of 2020, New World Development established its shared platform #LoveWithoutBorders, set up
production lines to create “Made in Hong Kong” medical face mask and invented the “Mask T Hang Lung,o Go” dispenser. Through partnering
with approximately 20 NGOs, the dispensers were installed at 37 designated centres across 18 districts, offering timely and necessary support to
those in need. Since May 2020, the Group has also donated a total of 20 million “Made in Hong Kong” masks to the underprivileged. Following
the launch of its COVID-19 vaccination programme, Hong Kong has seen a gradual lowering of confirmed cases. However, many NGOs have
expressed concern over vaccine hesitancy among the disadvantaged groups, with most individuals quoting livelihood, lack of paid vaccination
leave and the extra cost of health consultation as the primary reasons for refusing vaccination.
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I-Byte Business Services July 2021

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I-Byte Business Services July 2021