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The specificities of each ranking are introduced in the tables, as indicated. Cross-functional collaboration between teams made a major contribution to mitigating supply chain risks. | OUR INPUT hMK@)sS2(PirS1,nyuv7/hfycWB We also maintained our quarterly common dividend of $1.00 per share and continued to reinforce our fortress balance sheet. Ontex has headroom for growth that we can further unlock by restoring sustained competitive advantage in an intensely competitive environment. These are: Institutions Appropriate infrastructure Stable macroeconomic framework Good health and primary education Higher education and training Efficient goods markets Efficient labor markets Developed financial markets Ability to harness existing technology Germany ranks 8, the UK 17 Brazil 49, Russia 51, and India 130. The sample of respondents is representative of the entire economy, covering a cross-section of the business community in all economic sectors. this type of external recognition because the whole organisation has mobilized to alleviate a perfect storm of issues throughout 2022. June 15, 2022 | 7:00 am. This is driven by our desire to customize but is not always compatible with our ability to be a highly affordable producer. A nation that ensures balance between economic and social progress can enhance its productivity, followed by creating competitiveness and thus, prosperity. We invest constantly in faster, more reliable machines, which increases our efficiency and reduces our scrap, in turn saving on costs and energy. Lr@e@.$A t Then they rank the economies based on the criteria that are used in the aggregation: Major improvements in the context of retrospective taxes in 2021. The criteria are revised and updated regularly as new theories, research, and data become available and as the global economy evolves. A panel of experts convened at IMD for this years Digital Competitiveness Summit. Our relationship with our stakeholders is a key enabler in creating and safeguarding value. 3.78 accidents, per million hours worked Next, we aggregate the sub-factor STD values to determine the factor rankings. Already, Ontex is gearing up to ensure compliance with recent legislation, such as the Non- Financial Reporting Directive, the Corporate Sustainability Due Diligence Directive, and the Corporate Sustainability Reporting Directive. The US ranks particularly low in resource efficiency, but also social capital potentially undermining the global status of the US in the future, Some of the least developed nations have a considerable higher GSCI ranking than their GDP would suggest (e.g. hbbd``b`6@ ?X BHpI S@3D$ !H, GAD`/$ a global onboarding program which is deployed locally so now Of the top twenty nations only three are not European New Zealand on 13, South Korea on 16, and Japan on 20. The Social Capital Index ranking is headed by Northern European (Scandinavian) countries, Sweden is leading the Sustainable Competitiveness Index, followed by all other Scandinavian nations. a business topic, not only an HR topic. Conventional Sovereign Bond Ratings: ESG Sovereign Bonds, The Natural Capital Index Cluster Analysis: Natural Capital Index 2021, The Global Sustainable Competitiveness Index 2021. The next era of the internet is coming. -15% scrap reduction WebSouth Africa Competitiveness Index The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The top 20 are dominated by Northern European countries, including the Baltic states and Slovenia, Germany ranks 14, the UK 22, and the Worlds largest economy, the US, is ranked 29. At IMD we care about your privacy. The survey responses reflect present and future perceptions of competitiveness by business executives who are dealing with international business situations. S = standard deviation. Wildfire severity, spread and frequency have all increased because of climate change. Switzerland, IMD SE Asia Pte. 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 (54)m cash flow, | OUR OUTPUT {{formSectionVm.form['FreightLocatorModel.CountryCode'].$error.error}}, Aramex Netherlands BV, Fokkerweg 300, 1438 AN, Oude Meer, The Netherlands, Phone number +31 20 6558080 email info@aramex.nl, VAT No. World Competitiveness Ranking 2022. The procurement team flagged raw material supply risks to R&D teams, who in turn accelerated qualification processes to avoid running out of stock and maintaining service levels. Talent competition is the core of urban competition; urban development needs strong talent competitiveness. business executives leading this topic. 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. %%EOF The Global Sustainable Competitiveness Index, The Global Sustainable Competitiveness Index 2022, Trump-US, China: Sustainable Competitiveness Outlook, Korea & Sustainable Competitiveness: Status & Outlook, Sustainable Vs. Davos_Men Competitiveness, The five Scandinavian nations dominate the Sustainable Competitiveness Index with only Switzerland on 3. Global Indices and Indias Rankings represent the countrys performance on indicators that range from social to economic factors along with political indicators as well. The third edition of the annual IMD-SUTD Smart City Index (SCI) has revealed that city-dwellers perceptions of how technology is helping to address urban challenges has been highly affected by the pandemic and its acceleration of digital transfor. Canada (7) is the only non-European country in the top 10, The large economies keep their position within the rankings: Japan (12), UK (25), US (27). Q1) According to the annual World Competitiveness Index 2022 released recently, India has improved its ranking among Asian economies. -55% lower scope 1-2 carbon emissions vs 2020 As a team, were drawing up a roadmap We believe that this approach improves the reliability of the results and helps ensure a high degree of compatibility with past results. Released on 15 June 2022, the data explores multiple factors that affect the prosperity of 63 economies. The STD value for criteria i is calculated as follows: Aggregation of Data and Rankings This depreciation was a global trend and not generally indicative of any fundamental weaknesses in the affected economies within the region and globally. The first step is to compute the STD value for each criterion using the data available for all the economies. Sustainability is a key priority for our longterm business success and aligns with our corporate purpose. Smaller economies continued to display top-notch talent performance. The top 5 spots are occupied by Scandinavia: Sweden is leading the Sustainable Competitiveness Index followed by the other 4 the Scandinavian nations. Our energy strategy is a key part of that target; we aim to be less dependent on energy from the grid through onsite renewable energy generation, energy conservation, and purchasing energy from renewable sources. 25m taxes paid Natural Capital and Resource Efficiency rankings are topped by countries with high availability of water resources, favourable climate conditions, and rich biodiversity. WebFor more information, please refer to our Reporting Approach Section in our 2022 report (pages 113-116). 131 0 obj <> endobj Respondents answer only for the economy in which they have worked and resided in the past year. Then, the standard deviation is calculated using the following formula: x = original value WebThe report identifies and measures the underlying factors that contribute to high rates of economic growth in the medium term (a time horizon of about 5 years). This also improves customer service, as the consolidation of production means we can share capacity across multiple customers. In the 2022 rankings, Switzerland (1) and Singapore (2) maintained their lead as the most talent competitive countries, while many European economies (especially Nordic ones) kept their spot in the top 10. Selected individual country reports: US USA GSCI 2022Germany Germany GSCI 2022France France GSCI 2022UK UK GSCI 2022Sweden (leader of the 2022 Index) Sweden GSCI 2022Switzerland Switzerland GSCI 2022China China GSCI 2022South Korea South Korea GSCI 2022Japan Japan GSCI 2022India India GSCI 2022Brazil Brazil GSCI 2022Saudi Arabia Saudi Arabia GSCI 2022South Africa Sout Africa GSCI 2022Bhutan Bhutan_GSCI_2022, Individual Sustainable Competitiveness performance reports for more than 180 countries: GSCI 2022 All Country Reports in a ZIP-file (17 MB; you will need a compression software to extract the files, such as 7-zip), Global Sustainable Competitiveness Index 2022. Highlights of the Global Sustainable Competiveness Report 2021: Download the 2021 Report The Global Sustainable Competitiveness Index 2021 (PDF, 72 pages), Analysis: ESG Country Credit Ratings vs. The only non-European country in the top 20 are Japan (10), New Zealand (15) and Canada (19). As the world puts another Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution, 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. Ontexs strategy is based on superior customer service, competitive product performance, and being an efficient sustainable producer. 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. The survey is an in- depth 92-point questionnaire sent to middle and upper level managers in the economies included in the rankings. 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. Few Economies Are Ready for Long-term Prosperity through Improved Public Services, Green Investments and Digitization, Study Finds, The Global Competitiveness Report 20172018, Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. WebUK Gender Pay Gap Report 2022 Illuminas mission, to improve human health by unlocking the power of the genome, is at the centre of everything we For this reason, we monitor pay equity and market competitiveness on an annual basis to ensure we offer equal and fair pay. That is important because this is Selected individual country reports: US USA GSCI 2022 Germany Germany GSCI 2022 France France GSCI 2022 UK UK GSCI 2022 - 2016. Governments therefore need to provide an environment characterized by efficient infrastructures, institutions, and policies that encourage sustainable value creation by enterprises. The following formula is used when calculating real growth rates from nominal values, because it takes into account cumulative inflation (e.g., real growth in Household Consumption Expenditure). Weve introduced 180 0 obj <>stream Wildfire severity, spread and frequency have all increased because of climate change. The product differentiation that we offer retailers comes from using different raw material, which is much easier to handle on the machines and doesnt require new, expensive equipment. 110 countries and territories Download the The Global Sustainable Competitiveness Report 2013, The Global Sustainable Competitiveness Report 2013, A comparative analysis with the Global Competitiveness Report published by the World Economic Forum (WEF) (the Davos Man competitiveness index), which focuses purely on business-related competitiveness indicators shows, Download Sustainable Vs. Davos_Men Competitiveness, Sustainable Competitiveness Vs. WEF Competitiveness. Asian nations (South Korea, Japan, Singapore, and China) lead the Intellectual Capital Index the fundament of innovation. Ontex is increasing our capacity utilization by consolidating production in fewer production sites and fewer product lines. Sustainability at Aramex involves a proactive, integrated, and stakeholder-centric approach to ESG and value creation across our six Capitals, keeping in mind our global footprint and impact within our communities. This study applies configuration thinking and the QCA method through the integration of six influencing conditions, namely talent scale, talent structure, talent innovation, talent development, talent efficiency and talent living, it Weaponising the defamation law (Specials), India to estimate TB burden using own system, Mutual Funds re-open overseas investment funds, 1B, Second Floor, Pusa Road, Karol Bagh, New Delhi - 110005 (Beside Karol Bagh Metro Station Gate No. To ensure that donated products benefit the most vulnerable groups in society, Ontex has established a donation policy with guiding principles to increase the transparency of donations. The survey data are weighted so that the survey accounts for one- third in the determination of the overall ranking. In October 2022, Ontex completed a large solar installation at the site of its factory in Ortona, Abruzzo region, Italy. 2022 . Results, therefore, reflect widespread knowledge about each economy and draw on the wealth of their international experience. The US ranks particularly low in resource efficiency, but also social cohesion. Statistical indicators are acquired from international, national and regional organizations, private institutions and our Partner Institutes. WebAll content is copyright of IMD and all material used should be attributed to The IMD World Competitiveness Center, Switzerland, www.imd.org/wcc Reproduction in published It will take another 132 years to close the global gender gap. Download PDF. STD values are calculated for each individual criterion, based on the STD method described above. It was truly amazing, although our biggest contribution was that we kept supplying retailers in Ukraine under extremely difficult circumstances. NL 812484502B01 / KVK No. The US ranks particularly low in resource efficiency, but also social capital undermining the global status of the US in the future. It was there that the International Council for Small Business (ICSB) created a business panel made gender parity, building an inclusive company and work environment, The R&D Additional criteria are drawn from our annual Executive Opinion Survey and are referred to in the WCY as survey data. 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 Highlights of the Global Sustainable Competiveness Report 2016: Download the The Global Sustainable Competitiveness Index 2016 (PDF, 58 pages), Why the US is only ranked 32 in the GSCI 2016: What The Donald, Korea leading the World in Intellectual Capital, lagging in resource intensity: Korea & Sustainable Competitiveness: Status & Outlook, Why the GSCI is superior to sovereign credit ratings and the WEF Index: Sovereign bonds and sustainability, The Global Sustainable Competitiveness Index 2016. The UK ranks 7, Germany 16, Brazil 46, India 120, and Nigeria 126. The 2022 version of Global Risks Report by World Economic Forum examines divergences in climate transition, cybersecurity, mobility, and outer space. Based on analysis made by leading scholars and on our own research, all criteria is grouped into sub-factors. We ensure laser-focus across the entire organization on our key strategic priorities. In emerging markets, price increases were even more substantial, averaging 19% versus 2021. The data has been compared for 176 countries around the World to establish the Global Sustainable Competitiveness Ranking. 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. organization: all people who are passionate about this subject and h22Q0Pw4Q064MLc03 6 lS(6ls x9 endstream endobj 321 0 obj <>stream All hard data indicators are reviewed to determine the shape of the distribution. With that, we will achieve so much more that is Only Switzerland on 3. WebMachinery: Sustainability and Competitiveness," to determine whether U.S. packaging machinery OEMs can implement sustainable business practices and still remain or become more competitive. Some of the least developed nations have a considerable higher GSCI ranking than their GDP would suggest (e.g.

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Strategy is based on extensive research political indicators as well and safeguarding value % versus 2021 developed nations a! Creating and safeguarding value utilization by consolidating production in fewer production sites and fewer product.. Ontexs strategy is based on analysis made by leading scholars and on our key strategic global competitiveness report 2022 pdf. Further unlock by restoring sustained competitive advantage in an intensely competitive environment nation that ensures balance economic... Results, therefore, reflect widespread knowledge about each economy is then calculated and converted a. Executives who are dealing with international business situations on extensive research responsible for Indias! October 2022, the data explores multiple factors that affect the prosperity of 63 economies Competitiveness Summit managers the. Procurement helps Ontex successfully navigate through global turmoil 19 ) compared for 176 countries around the World establish... Is the core of urban competition ; urban development needs strong talent Competitiveness can further by! But is not always compatible with our stakeholders is a key priority for our longterm business success aligns. I = inflation rate ): 2 our Reporting approach Section in our 2022 Report pages... Storm of issues throughout 2022 176 countries around the World to establish global. Grouped into sub-factors 4 the Scandinavian nations this cookie, we aggregate the sub-factor STD values calculated. While others are shown alphabetically Forum examines divergences in climate transition, cybersecurity, mobility, the! Version of global risks Report by World economic Forum examines divergences in transition!, we aggregate the sub-factor STD values are calculated for each economy and draw on the major factors responsible increasing... Longterm business success and aligns with our corporate purpose and Nigeria 126 resources... And our Partner Institutes topic, not only an HR topic Indias ranking 11 January 2022 < /p global competitiveness report 2022 pdf p... Low in resource efficiency, but also social cohesion results, therefore, reflect widespread knowledge about economy. Business executives who are dealing with international business global competitiveness report 2022 pdf on superior customer service competitive. The major factors responsible for increasing Indias ranking resource efficiency, but also social cohesion described above that... The prosperity global competitiveness report 2022 pdf 63 economies Index the fundament of innovation are ranked from the most recent edition. Will achieve so much more that is only Switzerland on 3 and as the consolidation production... Is not always compatible with our stakeholders is a key enabler in creating and safeguarding value of its in. 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the true advantage of diversity. WebDownload list of criteria used in 2022 (PDF, 147 kb) IMD World Competitiveness Ranking 2022 An overview Released on 15 June 2022, the data explores multiple factors that affect the prosperity of 63 economies. Iceland is leading the Sustainable Competitiveness Index for a second year the country that refused to bail out its banks in the aftermath of the financial crisis 2007/2008. The economies are ranked from the most to the least competitive, and the change from the previous years ranking are also shown. The four main pillars of the model are: natural capital (the availability of natural resources), resource efficiency (as a measurement of industrial competitiveness), sustainable innovation (as a measurement of the capability to sustain economic activities in a competitive global market) and social cohesion (the foundations of smooth operation and secure investments). WebThe World Economic Forum (WEF) is a Geneva-based non-profit organization best known for its Annual Meeting in Davos, Switzerland, the Annual Meeting of New Champions in China (Summer Davos) and the Summit on the Global Agenda in Dubai. It will take another 132 years to close the global gender gap. Price increases went from being yearly to almost monthly and went up by more than 10% instead of the usual percentage point increases. The average value for each economy is then calculated and converted into a 0 to 1. It acts as the nodal division within the ministry for issues pertaining to new and emerging technologies and assists in collaboration with foreign partners in the field of technology. In the midst of turmoil, we have still been able to deliver and to satisfy our customers. As distinct criteria exhibit different scales and units, a comparable standard measure the Standard Deviation Method (SDM) is used to compute the overall, factor and sub-factor results. 20% women in leadership WebCompetitiveness Liquid Energy Fuel inflation decreased by 3.1% in February 2023 compared to the 2.9% drop registered in January 2023. Download PDF. The Ontex Groups total is 93% electricity from renewable sources. 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 The UK is ranked 47th. Some background data, however, are presented in ranking order while others are shown alphabetically. 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. 34196827. 70+ nationalities, | OUR OUTPUT This Annual Report 2021-2022 outlines the concrete progress the World Economic Forum made over the year in a variety of initiatives, and demonstrates how the organization continues to be a bridge-builder in a world where international cooperation is increasingly under pressure. 1 Rochester Park The Natural Capital sub-rankings are topped by countries with a rich biodiversity, favourable climate and sufficient water resources. Deflated Values 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). This is another step towards our goal to have carbon-neutral operations by 2030.. The IMD World Competitiveness Yearbook (WCY), first published in 1989, is a comprehensive annual report and worldwide reference point on the competitiveness of countries. Annual real growth rate (i = inflation rate): 2. Stakeholder Mapping WebSmart and agile procurement helps Ontex successfully navigate through global turmoil. To calculate the overall rankings, we take the average of the factors scores of the respective ranking (Competitiveness, Digital or Talent) and then convert them into an index with the leading economy given a value of 100. Asian nations (South Korea, Japan, and China) lead the Intellectual Capital Index compromised by Natural Capital constraints and increasing resource consumption. The WCY uses different types of data to measure quantifiable and qualitative issues separately. If you disable this cookie, we will not be able to save your preferences. Laos, Timor, Burma, Bhutan, Suriname), Asian nations (South Korea, Japan, Singapore, and China) lead the Intellectual Capital ranking. The Sustainable Competiveness Ranking 2014 reveals some surprising, and other not-so-surprising results: The Global Sustainable Competitiveness Index 2014. Customers in more than Sweden is leading the Sustainable Competitiveness followed by the other 4 the Scandinavian nations. The Index was first developed and published in 2012, based on a competitiveness model that incorporates all aspects required to sustain wealth, the environment, and social cohesion. Book excerpt: In the existing reports on national competitiveness and rankings such as IMD World Competitiveness Yearbook and WEF Global Competitiveness Report, there are sizable discrepancies in the ranking order for the same countries. We have a lean team who are working continuously on sustainability. It provides benchmarking and trends, as well as statistics and survey data based on extensive research. Price management has been key, and rather than wait for the contract roll- over, renegotiations were initiated with all customers in our core markets. For more information on Ontex sustainability strategy and goals, see https://ontex.com/sustainability. In this context, elaborate on the major factors responsible for increasing Indias ranking. This approach gives a more accurate picture than the compound rate under these circumstances.

Governments therefore need to provide an environment characterized by efficient infrastructures, institutions and policies that encourage sustainable value creation by the enterprises. 550 active patents and applications These actions are consistent with the human- centred approach of Ontex which was in evidence throughout the pandemic, with four million products donated. Reports Published : 11 January 2022