Connect with us

Technology

OneConnect Releases ESG Report for the Third Consecutive Year, Strengthening Its Leadership in Sustainable Finance

Published

on

SHANGHAI, April 25, 2025 On April 24, OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, NYSE: OCFT, HKSE: 6638) officially released its 2024 Environmental, Social, and Governance (ESG) Report. This marks the third consecutive year that OneConnect has published its ESG report, highlighting the company’s ongoing commitment to corporate responsibility. The report provides a comprehensive overview of OneConnect’s strategic initiatives and annual achievements across the three pillars of ESG. These efforts align closely with the ” Five Priority Areas in Finance,”, showcasing OneConnect’s continued exploration and firm actions in promoting green finance, serving underbanked communities, cultivating new quality productive forces in finance, mitigating financial risks, and driving global development.

Chen Dangyang, Chairman and CEO of OneConnect, emphasized that amid shifting global political and economic landscapes and the rapid advancement of technological innovation, digital and intelligent transformation—powered by emerging quality productive forces—has become a defining trend in the financial industry. As a leading technology service provider committed to driving digital transformation across the financial sector, OneConnect remains focused on empowering financial institutions through technological innovation. The company is dedicated to proactively addressing industry evolution, building a robust innovation engine to foster new productive forces, accelerating digital and intelligent upgrades, and contributing to the high-quality development of the financial ecosystem.

As Ping An’s exclusive platform for exporting fintech solutions, OneConnect has consistently enhanced its ESG framework in response to an increasingly complex global economic and regulatory environment. ESG principles are fully integrated into every facet of the company’s operations—from strategic planning and business processes to product development and risk management—cultivating a sustainability-oriented culture that is deeply embedded and embraced across the entire organization.

In 2024, OneConnect identified 25 key material topics, prioritizing areas such as climate change mitigation, digital inclusion, technological innovation, compliance and governance, employee development, and social responsibility. The company carried out structured and transparent disclosures aligned with leading international frameworks, including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Hong Kong Stock Exchange (HKEX) ESG Reporting Guide, Task Force on Climate-related Financial Disclosures (TCFD), and the United Nations Sustainable Development Goals (SDGs).

In terms of institutional development, OneConnect revised and optimized over 10 core policy documents covering key risk areas such as operational risk, data security, and concentration risk management, with no major compliance violations reported throughout the year. On integrity governance, the company strengthened its anti-corruption mechanisms by organizing 13 integrity awareness campaigns and promoting the signing of anti-fraud commitment letters with 314 suppliers, further reinforcing its governance foundation.

As a technology platform dedicated to advancing green finance, OneConnect has pledged to achieve operational carbon neutrality by 2030. In 2024, the company successfully maintained its per capita greenhouse gas emissions below 0.4 metric tons of CO₂ equivalent and reduced office energy consumption by 46% compared to conventional workplaces of similar scale, primarily through the adoption of energy-efficient technologies.

Its green office initiatives span major locations such as Shenzhen and Shanghai, with the comprehensive implementation of sustainability measures—including energy-saving lighting, motion-activated lighting systems, solar-adaptive smart curtains, green procurement practices, and high-efficiency air conditioning systems.By continuously enhancing energy efficiency and optimizing resource utilization, OneConnect is strengthening its carbon reduction efforts across operations and actively fostering a sustainable, low-carbon office ecosystem.

In the realm of green digital services, OneConnect has integrated energy management, carbon emissions tracking, and lean operations modules into its digital platform. These capabilities enable the company to offer enterprise clients comprehensive solutions for analyzing operational energy efficiency and monitoring carbon emissions, thereby contributing its technological expertise to the advancement of a low-carbon, sustainable economy.

Driven by technology, OneConnect continues to upgrade its inclusive finance service system, striving to improve both the accessibility and inclusiveness of financial services. In terms of its product architecture, OneConnect focuses on 4 core financial scenarios: retail, credit, property insurance, and life insurance. By leveraging cutting-edge technologies including AI and big data, the company delivers comprehensive upgrades to financial institutions’ capabilities in customer operations, channel management, and risk control.

OneConnect remains steadfast in its commitment to corporate citizenship, actively participating in public welfare initiatives and volunteer services, while leveraging innovative financial service models to support social development. In 2024, the company launched the “Love Without Waste” donation campaign in Shenzhen and Shanghai, providing books, toys, and daily necessities to underprivileged children in regions such as Daliang Mountain, Sichuan. Through its “Grow Together” charity walk, OneConnect raised funds to support rural education initiatives. Over the year, employees contributed more than 300 hours of ESG-related volunteer service, with over 100 team members taking part.

In promoting sustainable supply chain management, OneConnect conducted responsibility-based onboarding assessments for 314 suppliers, working collaboratively with partners to build a transparent, green, and compliant business ecosystem. These initiatives reflect OneConnect’s enduring belief that financial innovation should serve not only markets, but also people and communities.

Thanks to its continued investment and systematic efforts in advancing its ESG strategy, promoting inclusive technology, and practicing green finance, OneConnect received multiple prestigious industry recognitions in 2024. Highlights include being named to the S&P Global Sustainability Yearbook (China Edition) 2025, recognized as one of Forbes China’s Top 10 Fintech Companies in ESG Practices, listed in KPMG China’s ESG 50 – Governance Pioneer List, and receiving the People’s Bank of China (PBOC) Fintech Development Award. Over the year, OneConnect registered 35 new software copyrights, bringing its total to 329 domestic and international awards, further underscoring its growing ESG impact.

Today, OneConnect serves 197 overseas financial institutions across the world, covering more than 20 countries and regions, reflecting the company’s rapidly expanding global footprint and technological influence.

Looking ahead, OneConnect will navigate the next wave of technological innovation with technology as its vessel and responsibility as its sail.The company will continue to fortify its technological foundation, increase investment in cutting-edge research and development, expand financial product applications and service models, and further integrate ESG principles into its business operations. Through these efforts, OneConnect aims to contribute to the cultivation of new quality productive forces within the financial industry and support the broader goal of building a strong and resilient financial nation.

View original content:https://www.prnewswire.com/news-releases/oneconnect-releases-esg-report-for-the-third-consecutive-year-strengthening-its-leadership-in-sustainable-finance-302438266.html

SOURCE OneConnect Financial Technology Co., Ltd

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

SiriusXM Declares Quarterly Cash Dividend

Published

on

By

NEW YORK, July 22, 2026 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock. This regular quarterly dividend is payable in cash on August 26, 2026, to stockholders of record at the close of business on August 10, 2026.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Together, SiriusXM reaches a combined monthly audience of approximately 255 million listeners. SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.

Source: SiriusXM

Investor contacts:
Jennifer DiGrazia
investor.relations@siriusxm.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/siriusxm-declares-quarterly-cash-dividend-302832548.html

SOURCE Sirius XM Holdings Inc.

Continue Reading

Technology

Shutterstock Announces Capital Allocation Update

Published

on

By

NEW YORK, July 22, 2026 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK) (the “Company”), a family of brands delivering scalable creative and GenAI solutions to help customers fuel great work, today announced that at a meeting held on July 20, 2026 its Board of Directors (the “Board”) resolved to suspend the Company’s future quarterly cash dividend.

The Board’s determination reflects its ongoing review of the Company’s capital-allocation priorities and its focus on deploying capital to support long-term value creation for shareholders, including reducing debt, minimizing related interest expense and strengthening financial flexibility.

The Board will continue to evaluate the Company’s capital allocation priorities as part of its regular governance process. Any future declaration and payment of dividends, and the amount thereof, will remain subject to the discretion of the Board and will depend upon the Company’s results of operations, financial condition, capital requirements, contractual restrictions, applicable law, and such other factors as the Board deems relevant.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements may discuss intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise. Forward-looking statements speak only as of the date they are made and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will occur. Forward-looking statements can often, but not always, be identified by the use of forward-looking terminology including “believes,” “could,” “expects,” “intends,” “may,” “might,” “ongoing,” “plans,” “seeks,” “should,” “will,”  or the negative of these words and phrases, other variations of these words and phrases or comparable terminology, but not all forward-looking statements include such identifying words. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those indicated or anticipated by such forward-looking statements. The forward-looking statements in this press release relate to, among other things, the Company’s capital allocation strategy, the suspension of the Company’s quarterly cash dividend, the Company’s plans with respect to debt reduction, interest expense management and financial flexibility, and any future declaration and payment of dividends. For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the sections captioned “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, the Company’s Quarterly Reports on Form 10-Q, and the Company’s other filings with the Securities and Exchange Commission. While those factors are considered representative, no list of risk factors should be considered a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. The Company assumes no obligation to update forward-looking statements, and the Company disclaims any such obligation, except as may be required by law.

About Shutterstock
Shutterstock is in the business of turning ideas into impact. Powered by a global network of millions of creators and our cutting-edge technology, we provide businesses, creatives, and brand leaders with the essential, universal ingredients to make their work more effective. Shutterstock offers access to one of the world’s largest and most diverse collections of high-quality licensable assets, specialized training datasets, evaluation tools, and end-to-end strategic partnerships for the full model training lifecycle, as well as advertising and distribution solutions, exclusive editorial content, and full-service studio production—delivering unparalleled resources to fuel great work.

Discover our impact at www.shutterstock.com and connect with us on LinkedIn, Instagram, X, Facebook and YouTube.

View original content to download multimedia:https://www.prnewswire.com/news-releases/shutterstock-announces-capital-allocation-update-302832484.html

SOURCE Shutterstock, Inc.

Continue Reading

Technology

ICI Welcomes Bipartisan Sponsors of Bill to Stop States from Seizing Long-Term Investors’ Savings

Published

on

By

WASHINGTON, July 22, 2026 /PRNewswire/ — The Investment Company Institute released the following Viewpoints blog. To learn more about why this issue matters and how the SAFER Act would help protect American investors, watch our video on LinkedIn.

Millions of American investors have adopted the advice given by financial advisors to invest for the long term and then leave those savings alone. In some states, however, following this guidance can get your account seized. That was the warning sounded at an event featuring the sponsors of the bipartisan SAFER Act, Representatives Sam Liccardo (D-CA) and Mike Lawler (R-NY), who joined ICI leaders to make the case for a federal solution to the problem of state unclaimed property laws that can treat buy-and-hold investors as though they have disappeared. 

ICI President and CEO Eric Pan opened the event by outlining the nature of this growing threat. More than 128 million Americans invest in regulated funds, many with the intention of holding them for years, following the advice of many financial educators to “stay in the market, invest for the long term.” They put their money away and go about their lives, confident that the savings will be there when they need it. But under some states’ laws, an account that shows no activity can be declared abandoned and taken into state custody through a process called escheatment.

Pan walked through what seizure means in practice. When a state escheats an investment account, it typically liquidates the holdings — so even an investor who eventually recovers the money gets back only what the account was worth at seizure, with no credit for years of market gains. For retirement accounts, the forced liquidation can also trigger unforeseen tax consequences. And recovering the money at all can take years of paperwork and persistence. Meanwhile, some states are moving in the wrong direction, loosening their rules to make it easier to capture assets. 

“This is where the leadership of Congressmen Lawler and Liccardo is so important,” Pan said. “They’ve introduced the SAFER Act, a federal solution to a problem that exists across the United States. This patchwork of different legal standards, and the fact that the legal standards change constantly, creates a lot of confusion and creates this risk and harm that we’re so worried about.” 

In a panel discussion, the two lawmakers described the issue as an obvious place for Democrats and Republicans to find common ground, given Americans’ widespread use of investment accounts for saving.

“We are, for the most part, a group of Americans who sit on our investments, which is more or less the right strategy,” Liccardo said, noting that this is exactly the approach that inactivity standards put at risk. 

Liccardo pointed to the widely reported case of Walter Schramm, an investor who bought Amazon shares in the late 1990s and then did what many long-term investors do: leave the account be. Delaware deemed the account abandoned and liquidated the shares in 2008, when they worth about $8,000. By the time Schramm discovered what happened years later, the position would have been worth roughly $100,000.

The financial incentives driving state behavior are a concern, Liccardo noted. Unclaimed property has become one of Delaware’s largest sources of revenue, bringing in more than half a billion dollars a year — a powerful reason for states to loosen their standards rather than tighten them. 

Lawler contrasted legitimate unclaimed property programs and what some states are doing now. “It’s one thing to get an asset because it’s truly abandoned,” he said. “It’s another to basically target a group of investors who have a long-term strategy of just not touching the asset and being passive.”

The right standard, Lawler argued, is the obvious one: before seizing investment assets, a state should have to prove the owner is actually deceased. He posited that most Americans would be shocked to learn how little protection they have. “You think you have ownership of this asset, but the state, under current law, can just take it.”

The SAFER Act would establish federal guardrails ensuring that inactivity alone cannot be the basis for escheatment and that states confirm the death of an owner and that no estate or beneficiary has claimed the assets before escheating investment accounts. It would also require states to leave unclaimed investments in place, rather than liquidating them, until they can prove abandonment.

Both lawmakers said the path to fixing the problem is through public awareness of the threat some state laws pose to Americans financial security. “Ultimately the American people will rise up,” Liccardo said. “It may take a little while. We just have to get the information to them.”

Contact: media@ici.org 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ici-welcomes-bipartisan-sponsors-of-bill-to-stop-states-from-seizing-long-term-investors-savings-302832606.html

SOURCE Investment Company Institute

Continue Reading

Trending