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Koç Group Calls for Bold Action to Tackle Gender Inequality

Koç Holding Board Member İpek Kıraç says now is the time for leaders and institutions to take bold action on gender inequality. “The most significant indicator for leaders and institutions in tackling gender inequality should be to set targets and to be determined to accomplish them,” Kıraç commented during the UN Women panel “A Year of Action: Building more equal and inclusive digital societies through multi-stakeholder partnerships.” The High-Level Side Event was held during the 77th session of the UN General Assembly in New York.

ISTANBUL, Sept. 22, 2022 /PRNewswire/ — Speaking at a UN Women side event during the 77th session of the UN General Assembly, İpek Kıraç, Koç Holding Board Member, called on world leaders and key institutions to take bold action to tackle gender inequality. The High-Level Side Event “A Year of Action: Building more equal and inclusive digital societies through multi-stakeholder partnerships”, hosted by the Action Coalition on Technology and Innovation for Gender Equality, gathered senior leaders from across government and the private sector to discuss solutions and launch ambitious goals to promote gender equality and build an inclusive digital future.

In her opening remarks, Sima Bahous, UN Under Secretary General and Executive Director UN Women, stated: “The road to gender equality is long and ever-changing and impacted by today’s shifting power dynamics among countries and regions, and ongoing crises. Now is the time to break the cycle of inequality and join forces to build an open, safe and equal digital future for the generations to come. Since its creation two years ago, the Action Coalition on Technology and Innovation for Gender Equality has been instrumental in shaping global standards on gender and digital technologies, a field that has been too often overlooked. Your presence today contributes to expanding this global community of partners, who care deeply about generating bold commitments centered around the communities that are most deeply impacted. More than ever, we need to stand together to reaffirm that ‘Digital rights are women’s rights’.”

Koç Holding Board Member İpek Kıraç discussed Koç Holding’s initiatives and projects as part of its global leadership role in the Action Coalition on Technology and Innovation, emphasizing the mission Koç Group has undertaken to foster gender equality and tackle gender biases.

The panel, moderated by Anita Bhatia, UN Women Assistant Secretary General and Deputy Executive Director, hosted several high-level participants, including Ville Skinnari, Minister for Development Cooperation and Foreign Trade, Finland; Paula Ingabire, Minister of ICT and Innovation, Rwanda; Bracken Darell, Logitech CEO; and Amandeep Singh Gill, Secretary General’s Envoy on Technology.

“The far-reaching commitments we made earlier this year reflects our resolve and determination to achieve an equal future and close the gender gap.”

During her speech, İpek Kıraç said: “At Koç Group, we firmly believe that we have a responsibility to lead in gender equality both in our country and on a global scale. As such we have actioned joint projects with UN Women and collaborated with key NGO and academic institutions to tackle gender biases and to overcome stereotypes. As one of the leaders in the Action Coalition on Technology and Innovation, the far-reaching commitments we made earlier this year reflects our resolve and determination to achieve an equal future and close the gender gap; something which is only possible if we collectively invest in future skills and future talents now.”

In line with their commitments, Koç Group companies pledged to increase the minimum ratio of women employed in technology and innovation roles to at least 30% by 2026, and to conduct 30 individual programs to reach 500,000 women and girls from all age groups to improve access and participation in the technology sector. The group companies are currently running several education outreach programs in primary and high schools to engage girls and inspire them to explore careers in STEM. The programs also include scholarship, internship and mentoring opportunities for university students and early career professionals to help them advance their careers in technology, innovation and STEM.

Commenting on the need to provide tangible opportunities and lead transformation in society, İpek Kıraç told the audience: “The most significant indicator for leaders and institutions in tackling gender inequality should be to set clear targets and commit to achieving them, instead of wishful thinking based on hopes rather than facts. Because gender equality can only be achieved through collective action. As one of the leaders of the Action Coalition, I am encouraged to see actors from across civil society, governments, philanthropic organizations and private partners are uniting to spark an inclusive digital evolution.”

Koç Holding has taken a leadership role in many gender equality campaigns both in Turkey and on a global scale, including being an Impact Champion of UN Women’s HeForShe movement and a key signatory of the UN Women’s Empowerment Principles. The company is also one of the leaders in the “Generation Equality Forum” initiated by UN Women.

About Koç Holding

Koç Holding is Turkey’s leading investment holding company and the Koç Group is Turkey’s largest industrial and services group in terms of revenues, exports, number of employees, taxes paid and market capitalization on Borsa Istanbul. Being the only Turkish company to be ranked in Fortune Global 500 List and in Forbes World’s Best Employers List, Koç Holding has leading positions with strong competitive advantages in energy, automotive, consumer durables and finance sectors.

Photo – https://mma.prnewswire.com/media/1905586/Koc_Group.jpg

Photo – https://mma.prnewswire.com/media/1905588/Koc_Group.jpg

Photo- https://mma.prnewswire.com/media/1905589/Koc_Group.jpg

İpek Kıraç, Sima Bahous
Image from the UN Women panel

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Slow-fashion brand FREECULTR becomes the official merchandise partner for FIFA 2022™

Will retail the collection on freecultr.com and Amazon.in

NEW DELHI, Sept. 27, 2022 /PRNewswire/ — The sustainable, slow-fashion brand, FREECULTR, has inked a strategic partnership with FIFA and come on board as the official merchandise partner of FIFA 2022™.



The FIFA Under-17 Women’s World Cup India 2022 is being held in India between 11th and 30th October 2022. And with India celebrating its 75th year of Independence this year, this partnership adds an interesting touch to the sentiment of Azadi ka Mahotsav, giving football fans and all Indians a reason to be proud, as it is the first D2C brand to achieve this.

A giant feather in the cap for a Made in India brand, this is only a step further for the country in the direction of producing fashion that meets sustainable, global standards set by international sportswear giants. FREECULTR, as FIFA’s licensed apparel merchandiser for India, will manufacture, sell and distribute apparel merchandise in India for FIFA World Cup Qatar 2022™.

“It is a matter of pride for FREECULTR, to be one of the first D2C brands of India to deliver the much-weighted FIFA World Cup™ merchandise. Having received the FIFA World Cup™ official license for manufacturing premium quality apparel and accessories, we promise to uphold our brand’s make and philosophy with honest pricing for millions of Indians,” said the CEO and Co-founder of FREECULTR, Shrey Luthra.

The D2C brand has lined up a comprehensive range that will be exclusively retailed on the official FREECULTR website, freecultr.com and e-commerce giant Amazon.in. The merchandise will include T-shirts, Active Tanks, Bandanas, Arm Shields, Active Joggers and Sweatshirts. FREECULTR keeping its promise of premium innerwear brand has exclusively planned to launch FIFA Men’s Briefs and Trunks. Shrey Luthra has also forged a strategic relationship with Amazon.in for FREECULTR towards the collection’s promotion and marketing on the marketplace.

Over the past few years, FREECULTR has made a name for itself as an Indian Origin Slow Fashion Apparel and Accessories D2C Brand, offering innerwear and comfort wear products for men and women. Being widespread in India and having its presence on one of the largest commercial platforms like Amazon, FREECULTR promises premium quality sports and lifestyle apparel and accessories at affordable costs, to the new age consumer.

Shrey further adds, “This is a special year for India in many other ways. It is the first time that the FIFA Under-17 Women’s World Cup India 2022™, an extremely prestigious event, is being held in India. FREECULTR is showing its support for the event and the game by introducing a unique range of products for all women with its FIFA World Cup 2022™ collection. India has always been a sports-loving country and now with the official FIFA merchandise, football lovers, boys and girls, can show their support for their favourite teams by wearing their colours”. He also mentioned that the brand is partnering with the grounds and the domestic association to bring more visibility for the brand at the mega event, FIFA World Cup, Qatar, 2022™.

In response to this development, the brand also plans to launch a mainstream Loungewear and Activewear collection with a range of well-designed high-quality innerwear, loungewear, activewear and accessories for every Indian household and football lovers across the country and the world.

About FREECULTR

FREECULTR is an Indian Origin Slow Fashion Apparel and Accessories D2C Brand in innerwear and comfort wear range of products for men and women. As a brand, FREECULTR promises premium quality sports and lifestyle apparel and accessories to the new age customer at affordable costs. The brand initially began as an ‘innerwear revolutionising brand’, with the motto, ‘Comfort Driven by Sustainable Blends’.

It was conceptualized by Luthra and Vij, as an initiative to change the perception that intimate comfort is a luxury and not a necessity. Over time, FREECULTR grew into a full-fledged sports and lifestyle apparel and accessories brand with a range of premium quality innerwear, loungewear, activewear, and accessorizing products, and more coming in. Further to its recent tie-up with FIFA World Cup Qatar 2022, FREECULTR plans to expand its reach even further to support and promote ‘comfort’, ‘sustainability’, and ‘affordability’.

Backed by Sixth Sense, Series A Fund, FREECULTR started as a bootstrapped entity with the intention to offer sustainable and problem-solving apparel and accessories and entered into the Men’s Premium Innerwear Market with limited SKU(s). With plans to bring in mainstream Loungewear and Activewear collection, FREECULTR is all set to bring in the well-designed high-quality innerwear, loungewear, active wear and accessories for Indian consumers with FIFA World Cup Qatar 2022 Collection.

Logo: https://mma.prnewswire.com/media/1907387/FREECULTR_Logo.jpg

 



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Ghodawat Consumer awarded – Fastest growing FMCG Company of 2022

KOLHAPUR, India, Sept. 27, 2022 /PRNewswire/ — Ghodawat Consumer Ltd. (GCL), the FMCG arm of Sanjay Ghodawat Group recently was awarded ‘Fastest growing FMCG company of 2022’ at the Globoil India 2022. Globoil, is amongst the world’s leading edible oil & agri-trade conference. GCL was conferred with this coveted title for its constant product innovation, customer-centricity, affordability and quality consumer products.



Since its inception in 2013, GCL’s one-point focus has been to create a unique brand identity for itself. GCL started its journey by manufacturing edible oils. With increasing consumer acceptance, trust and notable success, the company was encouraged to expand and diversify its product portfolio to include Staples, Impulse, Beverages and Home and Personal care categories.

GCL’s ‘Star’ brand atta, edible oil, flavoured milk, ghee, jaggery, pulses, rice, salt, sugar, snacks, assorted namkeen, and water are now household names in Maharashtra and Karnataka. Moreover, ‘Ayurstar’s’ personal care products and the ‘Klemax’ range of homecare products also enjoy the patronage of millions of customers. Carbonated drink ‘Fizzinga’, fruit drink ‘Frustar’, and energy drink ‘Rider’ are among the top-selling products in the beverage category.

The company predominantly focuses on product innovation to ensure it delivers great value to its customers at an affordable price. Its state-of-the-art manufacturing setups make a wide range of products under the supervision of its adept team, following the most stringent manufacturing protocols.

Speaking on the occasion Shrenik Ghodawat, Managing Director – GCL says, “It is an absolute honour to receive the ‘Fastest growing FMCG Company of 2022’ award by Globoil India. Our growth is a testament to the efforts and ingenuity of the entire GCL family. I am proud and thrilled to witness such a response and acceptance by our customers. Throughout its growth, GCL has remained true to its mission – to change and nurture the lives of consumers. Our goal is for the consumer to utilise at least one product from GCL throughout the day. That is why we have invested in modern infrastructure, high-quality packaging & raw materials, and a skilled team to deliver the best possible. With standards that match those of top MNC companies, we aim for consumers to switch to our healthier and higher-quality items by pricing our products cost-effectively.”

GCL recently touched a momentous milestone of INR 1,400 Crore revenue company in FY22 and is moving ahead with a renewed endeavour to cross revenue of INR 2,000 Crore by FY23.

About Sanjay Ghodawat Group 

Sanjay Ghodawat Group (SGG) is a prominent Indian business conglomerate that has a presence in various high-value business verticals. Aviation, Consumer Products, Education, Energy, Mining, Realty, Retail, and Textiles are some of its key business domains. SGG was founded in 1993 and since then it has witnessed impressive growth under the splendid stewardship of its Founder and Chairman- Mr. Sanjay Ghodawat. It has a strong base of millions of customers globally, an employee strength of over 10,000, and a student base of over 16,000. SGG is moving ahead with great vigour and bringing significant changes in people’s lives with its wide range of high-quality products and services.

Photo: https://mma.prnewswire.com/media/1908310/Globoil_award.jpg

Logo: https://mma.prnewswire.com/media/1759521/Ghodawat_Consumer_Logo_Logo.jpg



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Saudi Data, AI Authority (SDAIA) and Ministry of Energy Partner with IBM to Accelerate Sustainability Initiatives in Saudi Arabia Using AI

RIYADH, Saudi Arabia and ARMONK, N.Y., Sept. 27, 2022 /PRNewswire/ — Saudi Data and Artificial Intelligence Authority (SDAIA) and IBM (NYSE: IBM) announced today the signing of a strategic agreement to drive adoption of artificial intelligence in the carbon capture and industrial domains across the Kingdom of Saudi Arabia.

Announced at the second Global AI summit in the Kingdom, the first use case under this agreement will be in collaboration with the Ministry of Energy in Saudi Arabia. SDAIA, Ministry of Energy and IBM will use artificial intelligence technology to detect, map, and eventually reduce carbon emissions across the country.

Dr. Majid Al-Tuwaijri, the CEO for the National Center for AI, said, “This agreement with IBM will contribute to creating opportunities by addressing key challenges in circular carbon economy, petrochemical and industrial domains, through the development of innovative solutions in the field of data and artificial intelligence, and the exchange of shared experiences and investment opportunities in this vital area to support achieving the goals of Vision 2030.”

“This agreement would allow us to leverage IBM’s expertise in technologies like artificial intelligence,” Eng. Ahmed Al-Zahrani, Ministry of Energy’s Assistant Minister for Development and Excellence, said, “which will play a key role in promoting the adoption of the Circular Carbon Economy, achieving the goals announced during the Saudi Green Initiative.”

The management of greenhouse gas emissions is critical to the Kingdom’s reaching its objective of net zero,” said Dina Abo-Onoq, Managing Partner, IBM Consulting Saudi Arabia. “Using multiple satellites and different types of imaging technologies, we will train an AI model to recognize and pinpoint different forms of gas across the entire country. By doing so, this will help with earlier and better visibility of the problem which has not been possible with conventional measurement approaches.”

As part of the overall agreement, IBM will work with SDAIA to identify high value applications of artificial intelligence and machine learning to solve challenges in public and private sector organizations in the Kingdom, with a focus on supporting the Kingdom’s sustainability and industrialization objectives.

Saudi Arabia is currently undergoing a major transformation program to become a global logistics hub and industrial powerhouse. The Kingdom has also set a target of achieving net zero in emissions by 2060 and to support the global effort to cut emissions. New cities and infrastructure being built in the Kingdom, such as NEOM or the Red Sea, are being designed with sustainability objectives in mind.

Contact:

Preeti Gupta

preetig@sg.ibm.com 

IBM Corporation logo.

 

Photo – https://mma.prnewswire.com/media/1907789/SDAIA_Image.jpg

Logo – https://mma.prnewswire.com/media/95470/ibm_logo.jpg 

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