The Travel and Tourism Competitiveness Report (TTR) UAE Rank. Our resilience comes from our ability to stay agile. We have been ruthless with costs, and we have left no stone unturned because bringing costs down was an absolute necessity. We believe driving growth with sustainable healthy margins requires a fundamental step-change of our competitiveness: strengthened customer-facing business, sustainable cost efficiencies and laser-focused execution. The hard data represent a weight of two-thirds in the overall rankings. One of the ways we have done this is by changing suppliers at a high speed we have been able to qualify our new suppliers at double our previous rate, helping to take the edge off supply shortages. However, not allowing these services may impact your experience. WebIn 2022, our firm spent approximately $2.1 billion directly with diverse suppliers an increase of 25% over 2021. The company invests in a monitoring system to identify the sources 0E42`( The system was developed and financed by the company Menapy Italia srl, who also installed Ontexs solar power installation in Eeklo, Belgium and Segovia, Spain. The US is set to considerabely forfeit competitiveness if policies as proposed by the new administration are implemented, while China is expected to improve for 5-10 years to come, Sweden is leading the Sustainable Competitiveness followed by the other Scandinavian economies, The top 20 are dominated by Norther European countries, including the Baltic states and Slovenia, The only non-European countries in the top 20 are New Zealand (12) and Japan (15), Germany ranks 14, the UK 21, and the Worlds largest economy, the US, is ranked 32. The two main costs that come into play are the bill of material the raw materials needed for our products and the transformation costs what it takes to convert that raw material into our finished product. Brazil (28) is highest ranked amongst the BRICS countries, Asian nations (Singapore, South Korea, Japan, and China) remain leading in terms of sustaining innovation capabilities. Subsequently, we compute each of the economies STD values for the all the ranked criteria. Towards that end, the company is opening solar power installations in our core markets in Europe and the Americas to produce more energy onsite. Ontex received its top climate action rating thanks to the transparency on its lean internal climate action governance, reducing carbon emissions from its operations by 55% versus 2020 and sourcing 93% of the electricity used in its plants worldwide 100% in its European plants from renewable sources. In the Global Competitiveness Ranking published by the World Economic Forum (WEF) in 2018, Latvia ranked 42nd among 140 countries of the world. If you disable this cookie, we will not be able to save your preferences. The Global Sustainable Competiveness Ranking 2015 is topped by Iceland for a second year running, followed by the Scandinavian nations. Survey Criteria Only ranked criteria are aggregated to obtain these rankings. WebTlcharger le PDF Voir le mini site > 28 juillet 2022 Tlcharger le PDF Voir le mini site > 13 juillet 2022 Global Gender Gap Report 2022 Gender parity is not recovering, according to the Global Gender Gap Report 2022. Selected individual country reports: US USA GSCI 2022 Germany Germany GSCI 2022 France France GSCI 2022 UK UK GSCI 2022 WebIn the changed post COVID-19 business landscape, the global market for Swimwear and Beachwear estimated at US$22.1 Billion in the year 2022, is projected to reach a revised size of US$41.1 Billion by 2030, growing at a CAGR of 131 0 obj <> endobj In October 2022, Ontex completed a large solar installation at the site of its factory in Ortona, Abruzzo region, Italy. Finally, the survey responses are transformed into their standard deviation values, from which the rankings are calculated. These were easier to implement as we sell mostly our own branded products there, but inflation levels were even higher as well. The IMD World Competitiveness Yearbook (WCY), first published in 1989, is a comprehensive annual report and worldwide reference point on the competitiveness of countries. -55% lower scope 1-2 carbon emissions vs 2020 Russia is above both on 33. It also helps them Despite this, our brands have been resilient and we have not lost market share to the contrary, retailer brands gained market share versus A-brands. These dynamic relationships include consistent engagement with our diverse stakeholder groups, ensuring we meet their expectations and needs, enhance value creation, and minimize negative impacts across all Six Capitals. The WEF index is based to 70% on the WEFs executive opinion survey. - 2014. Web(Figure 2). The Ontex factory in Ortona now houses one of Italys largest systems for on-site solar power generation and consumption. -15% scrap reduction 110 countries and territories 24 2015. 25 new patents, | OUR INPUT Destination Competitiveness, the Environment and Sustainability - Jul 16 2021 A trend or growth rate offers a more dynamic assessment than absolute values. The top 5 spots are occupied by Scandinavia: Sweden is leading the Sustainable Competitiveness Index followed by the other 4 the Scandinavian nations. BB(3e, %2332S`X;; .i endstream endobj 320 0 obj <>stream As the world puts another Une mise jour hebdomadaire de ce qui est l'Agenda mondial, Shaping the Future of Advanced Manufacturing and Value Chains, Shaping the Future of Artificial Intelligence and Machine Learning, Shaping the Future of Digital Economy and New Value Creation, Shaping the Future of Energy, Materials and Infrastructure, Shaping the Future of Financial and Monetary Systems, Shaping the Future of Health and Healthcare, Shaping the Future of Media, Entertainment and Sport, Shaping the Future of Technology Governance: Blockchain and Digital Assets, Shaping the Future of Trade and Investment, Politique de confidentialit et conditions dutilisation du service. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forums Executive Opinion Survey. Our speak up lines allow people to raise concerns anonymously and Nepal, Bhutan, Bolivia, ). It includes time series from the IMD World Competitiveness Yearbook, the leading annual report published by IMD since 1989, from the IMD World Talent Ranking and from the IMD World Digital Competitiveness Ranking. Statistical indicators are acquired from international, national and regional organizations, private institutions and our Partner Institutes. This depreciation was a global trend and not generally indicative of any fundamental weaknesses in the affected economies within the region and globally. The top five countries in the overall rankings were led by Denmark, Switzerland, Singapore, Sweden and Hong Kong. 22bn hygiene items produced. This policy applies to all applications for IMD programs from individuals or organizations, and any commercial or non-commercial partnerships. ontex integrated annual report dutch language esef 27 mb. An important element of executing the strategy is optimising our network. First, for each criterion, we compute the average value for the entire population of economies. Cross-functional collaboration between teams made a major contribution to mitigating supply chain risks. An economys competitiveness cannot be reduced only to GDP and productivity because enterprises also have to cope with political, social and cultural dimensions. WebThe report is a comprehensive annual benchmarking report that measures how countries and cities grow, attract and retain talent. The IMD World Competitiveness Rankings emphasize a long-term trend highlighted in past editions that the countries on the top of the list each have a unique approach to becoming competitive. The target list is determined by IMD and has been developed over many years with the collaboration of our Partner Institutes worldwide. However, achieving sustained prosperity is potentially compromised by Natural Capital constraints and increasing resource consumption. %%EOF June 15, 2022 | 7:00 am. 62m capex Ontex plans to become carbon-neutral by 2030. Those compliance-related The survey respondents are nationals or expatriates, in domestic or international enterprises who have resided at least a year in the economy under consideration. It was truly amazing, although our biggest contribution was that we kept supplying retailers in Ukraine under extremely difficult circumstances. World Competitiveness Ranking 2022. The WCY uses different types of data to measure quantifiable and qualitative issues separately. dm&huR^\[WW#`ZyD&&ps%5)h`2h\wBv1`|o0/OTwe6Z1[?fM&b:V[7c37'S""*(:x 6lM7*x\6.oPT3;O,gvP 1 endstream endobj 319 0 obj <>stream Over the past two decades, the methodology used to assess the competitiveness of countries has been fine-tuned to take into account the evolution of the global environment and new research. Then, the standard deviation is calculated using the following formula: x = original value endstream endobj 132 0 obj <> endobj 133 0 obj <>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>> endobj 134 0 obj <>stream Monitoring sources enables Ontex to support suppliers with sustainable practices. NL 812484502B01 / KVK No. gender parity, building an inclusive company and work environment, Ontex has headroom for growth that we can further unlock by restoring sustained competitive advantage in an intensely competitive environment. Thailand Global Competitiveness Index data is updated yearly, averaging 67.530 Score from Dec 2017 to 2019, with 3 observations. All responses are treated as confidential. Q1) According to the annual World Competitiveness Index 2022 released recently, India has improved its ranking among Asian economies. understand its importance. WebMachinery: Sustainability and Competitiveness," to determine whether U.S. packaging machinery OEMs can implement sustainable business practices and still remain or become more competitive. Global Competitiveness Report 2020 | World Economic Forum. SUPPLEMENTARY INFORMATION: On December 21, 2022, the Under Secretary of State for Political Affairs approved the following report pursuant to the Global Magnitsky Human Rights Accountability Act (Pub. Germany ranks 15, the UK 17, and the Worlds largest economy, the US, is ranked 34. %PDF-1.6 % Since all the statistics are standardized, they can be aggregated to compute indices. organization: all people who are passionate about this subject and It was there that the International Council for Small Business (ICSB) created a business panel made We have set five strategic priorities. We also maintained our quarterly common dividend of $1.00 per share and continued to reinforce our fortress balance sheet. We have also built a Diversity,Equity & Inclusion Council with representatives from across the They are asked to evaluate the present and future competitiveness conditions of the economy in which they work, drawing from their domestic and international experience. Global Indices and Indias Rankings represent the countrys performance on indicators that range from social to economic factors along with political indicators as well. It is also used in cases where it is impossible to combine negative and positive initial and final values. Governments need to provide an environment characterized by efficient infrastructures, institutions and policies that encourage sustainable value creation by the enterprises. We tested and introduced new materials fast, often co-developed with our strategic suppliers and through flexibility and agility of our teams. Efficiency in production is part of Ontexs sustainability journey. The 12 factors to measure the competitiveness of countries are: Factor 1 Institutions Factor 2- Infrastructure Factor 3- ICT adoption Factor 4- Macroeconomic stability Factor 5- Health Factor 6- Skills Factor 7- Product market Factor 8- Labour market Factor 9- Financial system Factor 10- Market size Factor 11- Business dynamism Increasingly stringent environmental and sustainability regulations are set to have a huge impact going forward. However, achieving sustainable development for these countries might be compromised by Natural Capital constraints and current high resource intensity/low resource efficiency, The Social Cohesion ranking is headed by Northern European and Scandinavian countries, indicating that Social Cohesion is the result of economic growth combined with social consensus. ANNUAL REPORT 2022 3 Promoting Monetary Stability With this in mind, the effects of the exchange rate on the Malaysian economy are not only determined by In this way, the WCY keeps pace with structural changes in national environments and the rapidly changing technological revolution. The world faces a set of risks that feel both wholly new and eerily familiar. Data collected by the World Bank, the IMF and various UN has been analysed to calculate a sustainable competitiveness score. This depreciation was a global trend and not generally indicative of any fundamental weaknesses in the affected economies within the region and globally. fundamental principles of an organizational culture that can enable our people to perform to the best of their abilities. Box 915 This is an indication of how seriously we as a company take the basic elements of sustainability. 29 2017. It also releases research reports such as the Competitiveness Reports and Risk Reports and engages Wildfire severity, spread and frequency have all increased because of climate change. Ontexs ongoing industrial transformation is a journey, especially because of our extremely diverse asset base. This approach gives a more accurate picture than the compound rate under these circumstances. WebGlobal Competitiveness Report Special Edition 2020: How Countries are Performing on the Road to Recovery PDF The Global Competitiveness Report series has since its first edition aimed to prompt policy-makers beyond short term growth and to aim for long-run prosperity. Were embedding the code of ethics into company-wide practice. Customers in more than We apply a stakeholder-centric approach to determining our material issues, both in terms of financial and business materiality, as well as impact materiality and the intersections within the two. issues are automatically raised, investigated, and escalated to board Laos, Timor, Burma, Bhutan, Suriname), Asian nations (South Korea, Japan, Singapore, and China) lead the Intellectual Capital ranking. the true advantage of diversity. WebIt provides a unique resource for decision makers to understand the global talent competitiveness picture and develop strategies to boost their economies. In 2022, our efforts were recognised with the award of an A-rating for leadership in corporate transparency and performance on climate change from the global environmental non-profit Carbon Disclosure Project (CDP). The next era of the internet is coming. Analysing Latvia's progress in competitiveness according to the assessment, it should be concluded that, compared to 2017, Latvia's performance has improved or remained unchanged in 11 Webst World Congress at the United Nations, held in New York City, marked an extraordinary event. Average annual percentage growth rate (n = number of periods): Growth formulas, however, may have shortcomings. Results, therefore, reflect widespread knowledge about each economy and draw on the wealth of their international experience. How does the IMD World Competitiveness Yearbook measure competitiveness? These statistics are referred to in the WCY as hard data. WebThailand Global Competitiveness Index was reported at 68.112 Score in Dec 2019. Dikutip dari laporan tersebut, Selasa (21/6/2022), peringkat ini menjadi yang terendah sejak 5 tahun terakhir atau tahun 2018. WebWe earned revenue in 2022 of $132.3 billion 1 and net income of $37.7 billion, with return on tangible common equity (ROTCE) of 18%, reflecting strong underlying performance across our businesses. Taking a five-year time span as an example: Deflated final value (i = inflation rate): IMD World Competitiveness Online is a unique and comprehensive database on the competitiveness of nations. In emerging markets, price increases were even more substantial, averaging 19% versus 2021. Since we respect your right to privacy, you can choose not to permit data collection from certain types of services. We use these index values, which we call scores, to compute the Factors and the Overall Rankings. 25m taxes paid We make these changes gradually so that we can preserve the comparability of results from year to year and highlight the evolution of an economys performance relative to the competitiveness of others. These are: Institutions Appropriate infrastructure Stable macroeconomic framework Good health and primary education Higher education and training Efficient goods markets Efficient labor markets Developed financial markets Ability to harness existing technology The Sustainable Competitiveness Index in contrast is based to 90% on performance data and trends of performance data, The WEF Index shows a very high correlation to current GDP per capita rankings. core of performance culture. The respondents assess the competitiveness issues by answering the questions on a scale of 1-6, with 1 indicating a negative perception and 6 indicating the most positive perception. a global onboarding program which is deployed locally so now 1.7m products donated to charities, | OUR INPUT Germany ranks 8, the UK 17 Brazil 49, Russia 51, and India 130. The essential building block for the rankings is the standardized value for all the criteria (i.e., STD value). WebThe report is a comprehensive annual benchmarking report that measures how countries and cities grow, attract and retain talent. 550 active patents and applications A panel of experts convened at IMD for this years Digital Competitiveness Summit. A nation that ensures balance between economic and social progress can enhance its productivity, followed by creating competitiveness and thus, prosperity. The Yearbook provides extensive coverage of 63 economies, chosen based on the availability of comparable international statistics and our collaboration with localPartner Institutes, which contribute to the collection of survey data and ensure that all data are reliable, accurate and as up-to-date as possible. +2% increase scope 3 carbon emissions vs 2020, | OUR INPUT 1.9bn paid to 3 000 suppliers in 120 countries, | OUR OUTPUT The Sustainable Competitiveness Index is topped by Scandinavian nations four the 4th consecutive year. The survey data are weighted so that the survey accounts for one- third in the determination of the overall ranking. The Ontex Groups total is 93% electricity from renewable sources. This does not mean, however, that the principle under discussion is not applicable to the other rankings. Web UKM Virtual Global Leadership Program 2022 (U-LEAD), 15 August 2022 (attended by Tan Sri Abdul Wahid Omar) on Pages 110 and 111 of the Integrated Annual Report 2022 are as set out in the tables below:- a BRR was conducted internally by the NRC in November 2022, to ascertain the competitiveness of the Board remuneration having (54)m cash flow, | OUR OUTPUT Ontex 2022 Integrated Annual Report.pdf (6MB), Ontex Gentegreerd Jaarverslag 2022.pdf (6MB), ontex integrated annual report english language esef 24 mb The leaders are followed by other North-Western European Nations. The Social Capital Index ranking is headed by Northern European (Scandinavian) countries, Scandinavia is still leading the way: Sweden is leading the Sustainable Competitiveness Index closely followed by Iceland, Denmark & Finland, while Norway is ranked 9, The top 20 are dominated by Northern European countries, including the Baltic states. We are in the progress of divesting our emerging markets businesses and we are also further strengthening focus within our core markets. 9`^(\9h94v2@c51 4f P=h4a0Q,Z5h=FOA J5 bP5C!RHqZMk*B. h22V0P+-6+QA Since this has been put in place, a series of We believe that this approach improves the reliability of the results and helps ensure a high degree of compatibility with past results. The online survey takes place from end of February to beginning of May. WebGlobal Competitiveness Report Special Edition 2020: How Countries are Performing on the Road to Recovery PDF The Global Competitiveness Report series has since its first edition aimed to prompt policy-makers beyond short term growth and to aim for long-run prosperity. WebThe most recent 2018 edition of Global Competitiveness Report assesses 140 economies. By the other rankings stone unturned because bringing costs down was an absolute necessity target list is determined by and... And cities grow, attract and retain talent final values, they can aggregated!, with 3 observations: growth formulas, however, achieving sustained prosperity is potentially compromised by Capital... Takes place from end of February to beginning of may have shortcomings collaboration between teams a... Dikutip dari laporan tersebut, Selasa ( 21/6/2022 ), peringkat ini yang. The Scandinavian nations efficiency in production is part of Ontexs sustainability journey by. 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