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Aster receives highest ESG ranking among listed healthcare companies in India with a 'STRONG' rating by Crisil

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Annual ESG report for FY’22-23 highlights achievement across 10 UN SDG pillars integrated into Aster DM Healthcare’s core operations: http://bit.ly/3R13FNC

  • Aster DM Healthcare achieves a substantial reduction of 6,824 tCO2e in net emissions in FY23 through judicious consumption of renewable energy
  • The company plans to build a large-scale solar plant spread across 55 acres in Kasargod, Kerala which would power seven Aster hospitals in the state
  • A new solar plant of 650 kWp commissioned at Aster Wayanad Specialty Hospital, Kerala – poised to reduce 460 tCO2e per annum
  • Enhances operational efficiency by utilizing 17% of water consumption from recycled and rainwater sources; water saving measures result in reduction of 85,515 KL across nine hospitals
  • Responsible waste management led to the recycling of 423,806 KG of waste
  • Social initiatives under Aster Volunteers in areas of community health, disaster aid and social empowerment touched 4 million+ lives; a geriatric care initiative to be unveiled soon
  • The company aims to reduce carbon emission by 2,000 tons in India & GCC
  • Gears-up for 5% overall reduction in energy (electricity) and water usage across India & GCC by FY2025
  • Commits to planting 3,500 trees across India & GCC within the next fiscal year. Around 1500 trees were planted in UAE in December 2023.

BENGALURU, India, Dec. 11, 2023 /PRNewswire/ — Aster DM Healthcare, a leading integrated healthcare provider in India & GCC, has released its annual ESG Report, demonstrating an unwavering commitment to environmental sustainability, ambitious targets, and a proven record of positive impact. The company aligns its ESG practice with 10 key United Nations Sustainable Development Goals (UNSDGs), emphasizing its dedication to global objectives.

In pursuit of a greener tomorrow, Aster has strategically integrated renewable energy sources, along with optimizing water utilization, waste management and sustainable transport management practices into its day to day operations. With integration of renewable energy sources including 3,679,200 KWh solar energy, 2,300,000 KWh wind energy, and 3,569,298 KWh hydro energy, the company achieved a noteworthy reduction of 6,824 tCO2e reduction in net greenhouse gas emissions, despite significant operational expansion. Decarbonization initiatives continued across 5 hospitals, with a new solar plant of 650 kWp commissioned at Aster Wayanad Specialty Hospital – poised to reduce 460 tCO2e per annum.

Water conservation efforts have seen a 17% reduction in consumption across operations, with 85,515 KL water savings achieved through innovative practices, including recycling and rainwater harvesting.  Aster’s commitment to responsible waste management has resulted in the recycling of 423,806 KG of waste, emphasizing the organization’s holistic approach to sustainability.

Commenting on the ESG practice, Dr Azad Moopen, Founder Chairman, Aster DM Healthcare said,

“At Aster, our commitment to ESG principles is woven into the fabric of our corporate culture. We actively integrate sustainable practices across every vertical of our operations, recognizing that our dedication to environmental, social and governance considerations is a fundamental ethos guiding our journey towards a more sustainable and responsible future. Notably, we hold the highest ESG ranking among listed healthcare companies in India, earning a ‘Strong’ rating from CRISIL, alongside multiple awards and recognition from different industry bodies in GCC. Looking ahead, we remain committed to further elevate our ESG standards by targeting a low carbon and sustainable future. We envision setting new benchmarks for environmental stewardship and social impact. Our goal is not just to meet current standards but to continuously raise the bar for excellence in ESG performance.”

Beyond operations, Aster’s corporate social initiatives, including the Aster Volunteers program, impacted 4 million+ lives through healthcare outreach to the underprivileged in the past year. Initiatives such as planting 2,000+ saplings, aiding 10,000 beneficiaries through programs like Aid for Assam and building 250 homes for victims of the Kerala Floods, reflect Aster’s role as a catalyst for positive change. As part of the 37th Foundation Day to be celebrated on December 11, Aster DM Healthcare will also be launching a unique initiative in India for the care of elderly citizens. The programme to be launched under its CSR arm – Aster Volunteers will focus on the well-being of elderly people in the country and will adopt 10 old age homes with a target of taking care of 1000 elderly citizens who are underprivileged and do not have the means to choose an advanced healthcare facility. Governance practices at Aster DM Healthcare align robustly with sustainability goals, ensuring ethical and responsible conduct.

Looking ahead, Aster remains committed to advancing its environmental agenda through the launch of a 3-year plan. The organization has placed emphasis on climate change mitigation with a targeted reduction of 2,000 tons of carbon emissions in India and GCC. It also aims to reduce paper usage by two-thirds across the two geographies, accompanied by the ambitious goal of planting 3,500 trees in these regions. Aster also plans to build a large-scale solar plant spread across 55 acres in Kasargod which would power seven hospitals in Kerala, India.  

By 2025, the organization plans to reduce overall electricity consumption by 5% throughout India and GCC, contributing to a more sustainable energy profile. In tandem, a parallel commitment to a 5% overall reduction in water usage across these regions by FY2025 underscores dedication to responsible and efficient water management practices. Measures like solar powered lights across Aster Hospitals, solar car charging stations are set to be introduced.

The Aid Program will expand disaster support to two additional regions in FY24, complementing the four regions in FY23. Simultaneously, plans include establishing five Tele-Med Centres in the same fiscal year. Aster Volunteers Mobile Medical Services will see an expansion from 32 to 41 units in FY24, covering diverse regions. Volunteer engagement targets an 18% increase in registered Aster Volunteers in FY24, with external partnerships playing a pivotal role in achieving these objectives.

These initiatives collectively underscore Aster DM Healthcare’s comprehensive approach to environmental and social stewardship, affirming its commitment to building a more sustainable and resilient future.

About Aster DM Healthcare:

Aster DM Healthcare Limited is one of the largest private healthcare service providers operating in India. With an inherent emphasis on clinical excellence, we are one of the few entities in the world with a strong presence across primary, secondary, tertiary, and quaternary healthcare serving more than 1.6 million patients. Aster has a substantial and growing network in five states through its 19 hospitals, 13 clinics, 226 pharmacies (operated by Alfaone Retail Pharmacies Private Limited under brand license from Aster) and 251 patient experience centres. We have 20000+ employees, including 2600+ doctors, 6500+ nurses across the geographies that we are present in, delivering a simple yet strong promise to our different stakeholders: “We’ll treat you well.”

Cision View original content:https://www.prnewswire.com/in/news-releases/aster-receives-highest-esg-ranking-among-listed-healthcare-companies-in-india-with-a-strong-rating-by-crisil-302010309.html



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Press Release

New Study Reveals Majority of Indians Prioritize Nutrition Over Taste, Surpassing Global Average

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10 months ago

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May 31, 2024

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Based on a recent survey of urban Indian consumers: 


  • Nine out of 10 consumers are searching for protein-rich food compared to seven out of 10 global shoppers.


  • The top four qualities consumers look for when buying snacks are (1) natural, (2) heart-healthy, (3) protein-rich and (4) energy-source, all of which come before satisfying cravings.


  • Nuts have emerged as one of the most popular snacking choices, with 86% of Indian shoppers report having purchased them in a span of 6 months.


  • Urban Indians read nutrition labels more than the global average, reflecting a growing trend towards informed purchasing.


  • 69% of urban dwellers surveyed have the opinion that plant-based protein is just as good as meat-based protein, exceeding the global average of 55%.


 


Wonderful Pistachios, the world’s largest grower and processor of pistachios and distributor of California Pistachios in India, released today, World Nutrition Day, the findings of a new global study that sheds light on the snacking habits of urban Indians. The study, commissioned with Material, a leading global research consultancy, included 10 countries and over 12,400 respondents, revealed a new behavioural trend that urban Indian consumers prioritize nutrition over taste when it comes to snacking. This growing preference for healthy snacking emphasizes the importance of good nutrition for overall well-being.


 


For the India market specifically, the study delved into the snacking habits of 2,415 shoppers across six Indian cities, which represented a population of approximately 35.9 million consumers. Remarkably, a majority of urban Indians (58%) reported basing their food purchasing decisions on nutritional benefits more than taste, exceeding the global average of 52%. Delhi and Ahmedabad lead with over 60% of urban shoppers preferring nutrition in their food. Bengaluru and Chennai follow closely, indicating a nationwide shift towards smarter snacking preferences. In India, Millennials and Gen Z are leading the charge in health-conscious purchasing decisions, with more than 83% of consumers in these age groups reading nutritional labels before buying.


 


Indian consumers prioritize four key factors when shopping for nutritional snacks: natural (free of artificial colours and preservatives), heart-healthy, protein-rich, and provides energy. Nine out of 10 urban shoppers consciously seek protein-rich food options, compared to the global average of seven out of 10. The focus on nutrition has fueled the rise of nuts as a preferred snack choice, becoming essential to daily eating habits. The study found a staggering consumption of nuts, with 86% of Indian shoppers report purchasing them in a span of 6 months, compared to just 75% globally. With 6g of protein in per 28g serving, California Pistachios are a smart snack choice that provides benefits without sacrificing taste.


 


Shail Pancholi, Country Director, India, Wonderful Pistachios, commented on the study, saying, “Nuts were traditionally used as garnishes and consumed during festivals, but have now become a popular snack in India, indicating a notable shift in dietary habits. Pistachio consumption in India has doubled in the last six years, as consumer awareness of the nutritional benefits that pistachios offer has grown. Consumers are discovering that pistachios are naturally cholesterol-free, rich in plant-based protein and dietary fiber, and provide over 30 different vitamins and minerals.” 


 


Interestingly, the study found that nuts are the second most preferred snack among urban Indian consumers, with 64% of Baby Boomers and 59% of Gen Z prioritizing nutrition over taste when selecting food. This indicates a growing focus on health across generations, with Baby Boomers focusing on senior wellness and Gen Z reflecting the rise of mindful purchasing. Though on opposite ends of the age spectrum, these two generations take the lead in seeking protein-rich options, as well as preferring natural snacks. 


 


Mumbai tops most of the consideration sets when choosing a snack. Residents opt for natural ingredients (35% vs. the national average of 30%), heart-healthy options (33% vs. 30%), and protein (33% vs. 29%). Chennai residents look for energy-boosting snacks (31% vs. the national average of 29%). 


 


The fact that 69% of urban Indians surveyed have the opinion that that plant-based protein is just as good as meat-based protein reflects a positive shift towards varied dietary preferences. Pistachios are a good source of high-quality complete protein, containing all nine essential amino acids. A 28g serving of pistachios provides 6g of protein, which is 11% of the recommended daily allowance (RDA) according to FSSAI.


 


The Wonderful Pistachios study unveils a compelling shift in Indian snacking habits. Nuts are evolving from festive treats to a daily snacking staple, fueled by a nationwide preference for more nutritious options. The trend transcends generations, resonating with Gen Z and Baby Boomers alike, underscoring the growing importance of mindful eating in urban India. As consumers increasingly seek natural, heart-healthy, protein-rich, and energy-boosting snacks, the future of Indian snacking appears to be firmly rooted in nutrition and well-being.

 


Wonderful Pistachios

Wonderful® Pistachios is the world’s largest grower and processor of pistachios, with a global presence in over 70 countries. As a vertically integrated operation, they are experts in every step of the process from tree to shelf, ensuring the highest-quality product every time. In tandem with its Grower Partners, Wonderful Pistachios harvests 125,000 sunny acres (50,000 hectares) of land in California that receive warm days and cool nights, which work in harmony with the rich, natural soils to create the perfect growing climate for high-quality pistachios. They ship 600 million pounds (204 million kg) of nuts worldwide from their advanced processing facilities to ensure the highest standards are met. When it comes to pistachios, Wonderful® Pistachios expertise is unmatched in scale and capacity, paired with warehouses and sales teams worldwide that are well-equipped to provide support at every step of the way. 

 


California Pistachios

California Pistachios are grown and distributed by The Wonderful Company, the world’s largest vertically integrated pistachio processor and marketer located in California’s Central Valley. California Pistachios are Non-GMO, providing a smart, healthy choice for consumers around the world. Sun-ripened in the moderate Mediterranean climate of California, these distinctively green nuts pack taste and contain antioxidants and over 30 different nutrients. California Pistachios in India are available under leading brands and private labels at retail outlets, grocery stores, and online platforms.


 


For more information about California Pistachios India, please visit www.b2b.wonderfulpistachios.com 


 



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Press Release

Singapore Prepares Ahead to Leverage Artificial Intelligence for a Better Future

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10 months ago

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May 31, 2024

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SINGAPORE, May 31, 2024 /PRNewswire/ — Senior Minister of State for Communications and Information Tan Kiat How launched the Digital Enterprise Blueprint (DEB) at Asia Tech x Singapore (ATxSG) 2024 today. The Blueprint will enable SMEs to harness technology, optimise the way they work, and strengthen digital resilience and cybersecurity across the ecosystem. 50,000 SMEs are expected to benefit over the next five years through four key focus areas:

  1. Empower enterprises to be smarter by adopting AI-enabled solutions
  2. Enable enterprises to scale faster through cloud-based and integrated solutions
  3. Equip enterprises to be safer through improved cyber resilience
  4. Support enterprises to upskill workers to make full use of digital capabilities

Seven partners have come onboard to pledge their commitment, including Singapore Business Federation, Singapore Computer Society, SGTech, Amazon Web Services, Google, Microsoft and Salesforce.

In collaboration with IMDA and the TechSkills Accelerator for ITE and Polytechnics Alliance, SGTech is launching the Tech Apprenticeship Programme to expand the career pathways of graduates by providing access to industry apprenticeships that offer on-the-job training and development opportunities. Over the next two and a half years, SGTech aims to facilitate the placement of at least 300 apprentices who are fresh or mid-career professionals from polytechnic or ITE backgrounds, and drive the adoption of similar practices that promote more inclusive hiring and career agility.

IMDA and the Singapore Academy of Law (SAL) signed an MoU aimed at uplifting the legal sector’s productivity through the use of GenAI. As part of this partnership, GPT-Legal, a new large language model which is contextualised for Singapore’s legal sector, will be co-developed. The model will be integrated into SAL’s research platform LawNet, which is accessible by 75% of Singapore’s lawyers. SAL will also be penning an MoU with the National University of Singapore and AI Singapore to develop its AI capabilities and create a certification to recognise AI specialists in the legal profession.

Additionally, Tribe and Digital Industry Singapore announced a collaboration with NVIDIA to launch the Ignition AI Accelerator for AI startups to create and bring to market the next wave of advancement in AI solutions. This programme will nurture 15 high-potential startups, equipping them with well-rounded support covering business and technical needs. NVIDIA and Tribe will also collaborate with EnterpriseSG to offer qualified AI startups funding support through the Startup SG Tech scheme, and assist them through the IMDA Accreditation process. 

Singapore hosted the final meeting of the UN Secretary-General’s Artificial Intelligence Advisory Body (AIAB) from 28-29 May. As part of the agenda, Singapore facilitated an engagement session between AIAB and the Digital Forum of Small States (Digital FOSS). Digital FOSS Fellows exchanged views with AIAB members on the topic of AI governance, particularly on the implications and challenges faced by small states. Through such efforts, Singapore aims to promote a more inclusive approach towards shaping global AI and digital governance.

Contact:

[email protected]

 

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/singapore-prepares-ahead-to-leverage-artificial-intelligence-for-a-better-future-302160193.html



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One in Six Globally Concerned About Colorectal Cancer Screening Costs

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10 months ago

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May 31, 2024

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SHENZHEN, China, May 31, 2024 /PRNewswire/ — By 2040, the burden of colorectal cancer (CRC) is projected to increase to 3.2 million new cases and 1.6 million deaths per year representing a 66% and 71% rise in new cases and deaths respectively relative to 2020.

To better address the global burden of CRC and reduce its impact, BGI Genomics has launched the second edition of its global CRC awareness report, covering 1,938 respondents from Brazil (306), China (367), Poland (300), Saudi Arabia (300), Thailand (362), and Uruguay (303):  

CRC Screening Gaps Vary Globally: Nearly half (49.3%) of global respondents have never undergone CRC screening, with the highest proportions in Saudi Arabia (62.0%) and Poland (61.0%).

Preference for Fecal Testing Over Colonoscopy: Although colonoscopies are more recognized (33.4%), fecal tests at healthcare facilities are preferred (31.8%), reflecting a trend towards non-invasive methods.

Cost and Fear are Determinants of Screening Choice: Fear of colonoscopy (18.2%) and screening costs (17.7%) are major barriers to CRC screening. Poland (24.7%) and Uruguay (21.0%) show the highest fear of colonoscopy, while Thailand (24.5%) and Brazil (20%) indicate the most concern about costs.

Medical Advice and Family History Drive CRC Screening: Doctor’s recommendations are a major driver for CRC screening (30.5% globally), with Uruguay showing the highest adherence (44.1%). Additionally, those with a family history of CRC are more proactive in screening (64.5%), compared to the general population (35.0%).

Prof. Varut Lohsiriwat from Mahidol University offers his insights to this report. He suggested: “The essence of effective cancer screening lies in the acceptance and adherence of the patient to the screening method. The best screening method is the one that the patient accepts and adheres to because that’s the method that will actually benefit them.”

Dr. Zhu Shida, BGI Genomics Deputy GM, notes: “At BGI Genomics, we focused our efforts on developing advanced molecular biology testing techniques to close the gap [between acceptance and accessibility]. The ultimate goal is to transform colorectal cancer from a life-threatening disease into a manageable condition through widespread, early screening and intervention.”

For more region-level comparisons, access the full BGI Genomics 2024 State of CRC Awareness Report.

All data involved in this report come from the results of an online survey project conducted by BGI Genomics. It only surveys awareness related to colorectal cancer and does not involve personally identifiable data.

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Cision View original content:https://www.prnewswire.co.uk/news-releases/one-in-six-globally-concerned-about-colorectal-cancer-screening-costs-302159170.html



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