Connect with us

Technology

LAZADA GROUP RELEASES ANNUAL ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) IMPACT REPORT FOR FINANCIAL YEAR 2024

Published

on

Lazada’s third ESG Impact Report underscores its commitment to building a responsible and sustainable business through innovation

SINGAPORE, Aug. 27, 2024 /PRNewswire/ — Lazada, a leading eCommerce platform in Southeast Asia, today released its annual Environment, Social, and Governance (ESG) Impact report: Accelerating Innovation, Anchoring Resilience for its financial year (FY) 2024. The annual report continues to detail the Group’s ongoing efforts and achievements, under the four core pillars of its ESG framework, namely: Empowering Communities, Future-Ready Workforce, Environmental Stewardship, and Effective Governance.

One key highlight in this year’s report is the introduction of an internal carbon data collection platform developed to track and monitor the Group’s carbon emissions. The platform utilizes an improved activity-based carbon accounting methodology that is also constantly being refined to reflect real-world conditions to obtain more precise information for effective emissions management. This improvement enhances the data quality and accuracy for Scope 1 and Scope 2 emissions, making it more robust than in previous years. The implementation of various business optimization initiatives to lower overall electricity consumption also contributed to a 40% reduction in Lazada’s overall Greenhouse Gas (GHG) emissions as compared to the previous reporting period. Specifically, our reported emissions have decreased by 54% in Scope 1, and by 8% and 30% in Scope 2 and Scope 3, respectively.

“Our third ESG Impact Report continues to showcase our commitment to creating a positive impact on the environment and key stakeholders in the wider eCommerce ecosystem that includes our employees, buyers, sellers and the communities we serve,” said James Dong, Chief Executive Officer, Lazada Group. “Our confidence in Lazada’s future stems from our commitment to fostering long-term growth through continuous adaptation and resilience building. We remain focused on creating value for our stakeholders, driving economic prosperity, and championing sustainable developments across the region.”

The report highlights many other notable achievements and progress of the company’s ESG efforts during the reporting period, including:

Empowering Communities:Driving innovations across the ecosystem: Lazada leverages technological innovations to redefine the online retail experience and bridge the digital divide:AI applications to empower buyers, such as Lazada’s “Ask the Buyers” feature to prompt past buyers to respond to product-related questions and aid other buyers in product selection, and the launch of LazzieChat, Lazada’s first-of-its-kind chatbot powered by OpenAI ChatGPT, in Indonesia, the Philippines and Singapore.Lazada’s national QR code payment initiative to facilitate seamless payments in Singapore and Thailand, to provide more online payment options for buyers, making online shopping more accessible and inclusive for consumers without credit or debit cards.Championing local businesses: Lazada launched the Lazada Sustainability Academy in October 2023, a pioneering program to empower small and medium Southeast Asian businesses with the mindset and knowledge needed to future-proof and transform sustainably.Future-Ready Workforce:Shaping the future of digital commerce through digital enablement and outreach engagement: Lazada Indonesia partnered with the West Java Ministry of Education through the Acceleration of Indonesian Digital People’s Work Movement (AKAR), to organize the “Naik KeLaz” Training of Trainers program for 100 vocational high school teachers.Cultivating a deeper understanding of sustainability for Lazadians: Lazada launched its first ESG internal training module, to provide a foundational understanding of ESG principles, enabling all employees to apply these learnings in day-to-day business practices.Environmental Stewardship:Lower carbon footprint: Lazada reduced its overall GHG emissions by 40%, compared to the last reporting period, based on a more accurate activity-based carbon accounting methodology.Notable sustainable logistics initiatives: In September 2023, Lazada Thailand launched its first eco-friendly logistics hub at the Tha Raeng Ramindra logistics facility to minimize its environmental impact through three key strategies: using solar power, utilizing electric motorcycles for transportation, and providing delivery partners with uniforms made from recycled PET plastics bottles. 20% of the facility’s electricity needs are powered by solar energy generated.Effective Governance:Strengthened cybersecurity measures: Lazada achieved a 100% employee training completion rate for its Code of Business Conduct and Anti-Bribery and Corruption Policy during the reporting period.Best practices for intellectual property protection (IPR) and processes: Lazada’s Intellectual Property Protection Platform processes over 97% of takedown requests by rights holders within 72 hours. Under the proactive measures program, the platform is able to leverage advanced technology like AI and image recognition to remove 85.7% of identified listings, achieving a 90% removal rate before transactions occur for 140 brands.

“Sustainability is a continuous journey, which should be managed holistically. As such, we believe in transparency and accountability when it comes to tracking and reporting on our progress,” said Gladys Chun, General Counsel, Lazada Group. “We are proud of the achievements that we have accomplished on this journey, as we strive to make positive and meaningful contributions to the wider eCommerce ecosystem, the communities we serve and the environment.”

Lazada’s FY2024 ESG Impact Report is prepared with reference to the Global Reporting Initiative (GRI) Standards 2021[1].

The full FY2024 ESG Impact Report: Accelerating Innovation, Anchoring Resilience can be found here
For a summary of notable achievements and highlights from the report, please click here.

Editor’s Note:

Lazada’s FY2024 ESG Impact Report details its ESG approach and performance across the Group’s operations in six countries – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam – and the operations of its subsidiary, RedMart in Singapore for the reporting period of 1 April 2023 to 31 March 2024 (“FY2024”), unless otherwise stated.This report also includes data from the prior reporting period of 1 April 2022 to 31 March 2023 (“FY2023”) for comparison where applicable.The GRI Standards was selected as it is the most widely adopted global standard among businesses to report on sustainability matters across comparable criteria. A detailed GRI Standards content index is provided at the end of the report (page 24).

About Lazada Group
Lazada Group is Southeast Asia’s pioneer eCommerce platform. For the last 12 years, Lazada has been accelerating progress in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. Today, a thriving local ecosystem links about 160 million active users to more than one million actively-selling sellers every month, who are transacting safely and securely via trusted payments channels and Lazada Wallet, receiving parcels through a homegrown logistics network that has become the largest in the region.

[1] See Editor’s Note for more details

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/lazada-group-releases-annual-environmental-social-and-governance-esg-impact-report-for-financial-year-2024-302231039.html

SOURCE Lazada Group

Continue Reading
Click to comment

Leave a Reply

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

Technology

Simply announces compatibility with AI glasses from Meta

Published

on

By

NEW YORK, April 29, 2026 /PRNewswire/ — Simply, the creative hobbies leader behind the market leading apps Simply Piano, Simply Guitar, Simply Sing, and Simply Draw, today announced compatibility with AI glasses from Meta.

 

The launch signals Simply’s next leap – from mobile and augmented reality into AI glasses – as part of its long–term vision to build a fully multimodal AI platform that connects physical creativity, digital experiences, and wearable interfaces.

After pioneering music learning through augmented reality with Simply Piano for Apple Vision Pro and Simply Piano for Android XR, Simply is now expanding its creative hobbies ecosystem into AI–powered wearables. The new integration with Simply Draw and AI glasses from Meta lets learners capture their drawing process in real time, generating AI–enhanced timelapses and shareable creative assets that showcase their creation. 

“This is an exciting step toward a new era for creativity,” said Yuval Kaminka, CEO and Co–Founder of Simply. “We believe that the way we experience the arts, learning, playing and creative expression at home will become fully contextual. AI glasses allow us to move closer to a true AI creative companion – a multimodal AI, one that understands what you’re doing and supports you in the moment.”

“AI glasses are becoming a natural extension of how we learn and create,” added Eliran Douenias, Head of Product Innovation at Simply. “Our products already enable immersive and virtual experiences with XR and spatial computing, now we’re adding AI glasses from Meta as the next interface – and it’s just the first of an exciting roadmap ahead.”

“Simply’s early move into the AI glasses space puts us ahead of the curve and positions us to lead in how wearables – specifically AI glasses – become part of everyday creative life,” said Douenias.

With this launch, Simply is expanding its platform for the AI era. The new compatibility with AI glasses from Meta enhances how learners see, capture, and share their creative process, with many more experiences to follow.

About Simply

Simply is the world’s leading AI creativity platform redefining how people learn and express themselves through music, arts, crafts, and more. Its award–winning apps – Simply Piano, Simply Guitar, Simply Sing, and Simply Draw – have empowered millions globally to pick up and develop fulfilling creative hobbies that last.

Contact info: eliran@hellosimply.com

Video – https://www.youtube.com/watch?v=VquEDFtY-40
Photo – https://mma.prnewswire.com/media/2940139/Simply.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/simply-announces-compatibility-with-ai-glasses-from-meta-302755903.html

SOURCE Simply

Continue Reading

Technology

Levine Leichtman Capital Partners Hires James Smith as Managing Director

Published

on

By

LONDON, April 29, 2026 /PRNewswire/ — Levine Leichtman Capital Partners (“LLCP”) announced today that James Smith has joined the Firm as a Managing Director in the Investment Management group. James will be based in LLCP’s London office.

Josh Kaufman, Head of Europe at LLCP, said, “We are thrilled to welcome James to LLCP. James adds valuable experience to the team within our core Business Services sector vertical. We look forward to the impact he will have as our European business and team continues to grow.”

James joins LLCP from Advent International where he was a senior member of the European Business & Financial Services team and participated in numerous successful transactions over his 12-year tenure. Prior to Advent, James worked at Bain & Company. James’ full biography can be found at https://www.llcp.com/team

About Levine Leichtman Capital Partners

Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 42-year track record of investing across various targeted sectors, including Business Services, Franchising & Multi-unit, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity.

LLCP’s global team of dedicated investment professionals is led by 9 partners who have worked at LLCP for an average of 20 years. Since inception, LLCP and its affiliates have managed approximately $18.5 billion of capital across nearly 20 investment funds and has invested in approximately 120 portfolio companies. LLCP currently manages $12.6 billion of assets and has offices in Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam and Frankfurt.

Media Contact: Isabel Moon, imoon@llcp.com

Logo – https://mma.prnewswire.com/media/2349427/5942845/LLCP_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/levine-leichtman-capital-partners-hires-james-smith-as-managing-director-302756349.html

Continue Reading

Technology

Appian Advances AI in Process to Deliver Enterprise Outcomes at Scale

Published

on

By

New capabilities in agentic automation and AI-assisted spec-driven development transform complex work.

ORLANDO, Fla., April 29, 2026 /PRNewswire/ — Appian [Nasdaq: APPN] today announced enhancements to the Appian Platform, including AI-assisted spec-driven development and Model Context Protocol (MCP) integration for agents. By anchoring AI within processes, Appian eliminates the primary hurdles to AI value: fragmented data, and a lack of reliability and control. Process models provide the structure needed to deliver results safely, and at scale.

Advancements in AI agents enable more intelligent, coordinated work

AI agents in Appian are smarter, safer and more effective because they have better structure, context and guardrails. Appian is enhancing interoperability across its AI ecosystem. By adopting powerful standards like Model Context Protocol (MCP), Appian agents will be able to interface securely with external enterprise systems. Third party AI agents will have access to powerful Appian tools like data fabric which uniquely provides unified read-write access to enterprise data.

Appian is also advancing agent learning by providing users the ability to track agent performance, and then apply an agent’s memory across processes to improve decision making. Users will soon be able to expand on this by giving AI guidance on what objectives to optimize against and recommend improvements that can be applied safely.

Customer value

Global Excel Management, a worldwide healthcare risk management provider, uses Appian to transform claims processes with AI.

“As part of our digital transformation we are evolving our claims processes by transitioning from fragmented workflows to an enhanced level of operations using technological advancements enabled with AI features,” said Pascal Tanguay, SVP, Global Technology Services, Global Excel Management. “With Appian, our processes will be unified. From initial intake to adjudication, our advanced technology will reduce redundant tasks and lessen complexity for our team members. This ensures that our claims processes are consistent and completed more efficiently and accurately.”

Context gives agents a common vocabulary for business data

To support advanced agent capabilities, Appian is augmenting its industry-leading data fabric. Appian’s data fabric has been enhanced to provide a unified metadata model that gives agents clearer context about how information is structured and connected across systems.

Furthering its commitment to supporting industry-leading data platforms, Appian is launching a technology partnership with Snowflake. This unites Appian as the AI orchestration layer with Snowflake’s AI Data Cloud, combining data aggregation, model training, and process orchestration to enable immediate business value. Direct MCP-enabled integration between Appian data fabric and Snowflake equips agents with deep enterprise context, and allows them to interact directly with Snowflake Cortex AI to drive intelligent, data-backed decisions.

“Enterprises don’t need more AI experiments, they need AI that delivers real business outcomes on governed data,” said Baris Gultekin, Vice President of AI, Snowflake. “By combining Appian’s process orchestration and data fabric with the Snowflake AI Data Cloud, we’re bringing intelligence directly into the flow of work. Together, we enable secure, enterprise-grade AI where agents can access trusted data through Cortex AI, act with context, and drive measurable impact across the business.”

AI-assisted spec-driven development

AI-assisted development has revolutionized coding, but mission-critical work needs more than fast, cheap code. Appian puts structure around AI-assisted development. Without that structure, AI-generated code can introduce compliance issues and technical debt instead of business value.

Appian is introducing AI-assisted spec-driven development. AI extracts rich specifications from legacy applications to create a clear visual plan. This plan helps visualize the UI, data models and process flows for rapid and iterative operational improvements. AI developer agents, operating under human supervision, complete tasks according to specifications, accelerating delivery and reducing rework.

New developer MCP servers will allow organizations to use their choice of AI development tools, such as Claude Code or Kiro to build and update Appian applications. Appian will support a wide range of AI models, enabling teams to work in the environments they prefer.

Together, these enhancements will deliver the speed and developer productivity of AI-assisted development, with enterprise-grade control.

“Appian Composer, Agents and Appian MCP servers enable trusted agentic process orchestration and application modernization,” said Mike Beckley, Chief Technology Officer and Founder of Appian. “Composer complements Appian’s agentic orchestration and data fabric with new spec-driven development tools that are both conversational and iterative. Beneath the covers, Appian Composer is built on Appian’s new open MCP – a model-driven representation of your complete application estate—requirements, apps, data entities, logic, workflows, security/governance rules, integrations, and multi-object dependencies—now exposed as context for developers and agents to safely evolve and optimize.”

The advancements announced today were unveiled at Appian World 2026 and will be available in coming releases. Learn more at www.appian.com

About Appian

Appian provides process automation technology. We automate complex processes in large enterprises and governments. Our platform is known for its unique reliability and scale. We’ve been automating processes for 25 years and understand enterprise operations like no one else. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: LinkedIn, Youtube, Instagram, Facebook, and X.

Logo – https://mma.prnewswire.com/media/1488235/5943345/Appian_Caption_2700px_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/appian-advances-ai-in-process-to-deliver-enterprise-outcomes-at-scale-302756511.html

Continue Reading

Trending