Ant International, a major player in digital payment and financial technology, recently introduced a Sustainability Framework aimed at supporting over 100 million merchants worldwide for inclusive global growth. This move comes at a critical juncture for the company, following its independence post-reorganisation within the Ant Group.
Headquartered in Singapore with a global presence, Ant International offers a range of services across its business units, connecting millions of merchants to consumers globally. The company’s mission is to facilitate business transactions globally, fostering positive changes worldwide. Its vision is to become a trusted digital partner driving inclusive growth for all.
Top executives at Ant International emphasized the need for tech companies to strengthen their social commitments amidst economic uncertainties and digital challenges. Eric Jing, the Chairman, stressed the importance of innovation benefiting the broader population, leading to a sustainable global economy.
The company’s Sustainability Framework, outlined in its inaugural report, focuses on six key areas to create both social and business value. These areas include travel, trade, empowering underserved communities, leveraging technology for innovation, nurturing talent, and building trust within the digital ecosystem.
Ant International’s efforts in global connectivity through travel and trade have been noteworthy. For instance, Alipay+ has facilitated affordable payment options worldwide, benefitting a vast number of SMEs. Similarly, WorldFirst has enabled SMEs to expand their market reach and processed significant transaction volumes in multiple currencies.
Moreover, the company’s commitment to democratizing technology for SMEs has led to the development of AI-powered solutions that enhance operational efficiency and security. Initiatives like Falcon and ANEXT Bank have extended inclusive financial services to millions, particularly in emerging markets.
Ant International’s collaboration with regulators, financial institutions, and international organizations underscores its commitment to building a trusted digital environment. The company’s focus on compliance, AI-security solutions, and talent development initiatives align with its goal of fostering sustainable growth.
At a recent event in Zurich, global leaders and policymakers lauded Ant International’s sustainability efforts. The company’s dedication to promoting equal access and growth opportunities for SMEs through trade was commended by industry experts. This inclusive approach to sustainability is seen as a crucial step towards long-term societal progress.
As Ant International continues to drive innovation and promote sustainable practices, its Sustainability Framework sets a benchmark for the industry. By prioritizing social impact alongside business growth, the company aims to contribute to a more inclusive and resilient global economy.
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