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Tag: business performance

  • Sustainable finance proves resilient at USD 852bln YTD; ING sees strong momentum in the Philippines

    Sustainable finance proves resilient at USD 852bln YTD; ING sees strong momentum in the Philippines

    A hand holding a smartphone displaying the ING logo on a bright orange background, with blurred greenery in the background.

    Manila, Philippines – ING, a global leader in sustainable finance, has released its latest Sustainable Finance Pulse (Issue 7, 2025), highlighting continued momentum in global issuance amid shifting policy landscapes and geopolitical uncertainty. Year-to-date global sustainable finance issuance totalled USD 852 billion—slightly below H1 2024’s USD 909 billion, but broadly consistent with 2023 and 2022 levels. Q2 alone saw USD 432 billion in issuance, surpassing second-quarter figures from the previous two years.

    Regional trends diverged sharply. The US saw a contraction in issuance due to reduced sustainability policy support, while the EU shifted focus towards competitiveness. ESG policy development slowed across several jurisdictions. In contrast, Asia-Pacific (APAC) is on track for a record-breaking year, driven by strong activity from corporates and financial institutions.

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  • 5 Secrets Behind Lenovo’s Climb on the Fortune Global 500 List

    5 Secrets Behind Lenovo’s Climb on the Fortune Global 500 List

    The Lenovo logo displayed prominently on a torn paper background, with 'Lenovo' in white text on a red rectangle.

    Lenovo has surged 52 spots to No. 196 on the Fortune Global 500, its strongest showing yet in the technology sector, where it now ranks 13th. Here are five factors that powered its rise.

    1. Record-breaking revenue performance
    Lenovo’s revenue soared to $69.1 billion in fiscal year 2024/25, up 21 percent year-on-year, while net income jumped 36 percent to $1.4 billion on a non-Hong Kong Financial Reporting Standards basis.

    2. A diversified growth strategy
    The company’s push beyond PCs into AI-enabled devices, infrastructure solutions, and services continues to drive expansion and strengthen its position in global markets.

    3. Global manufacturing flexibility
    Lenovo operates more than 30 manufacturing sites across 11 markets, combining in-house and outsourced production. This footprint has given the company resilience and agility in the face of shifting economic and supply chain challenges.

    4. Consistent investment in innovation
    Research and development spending rose 13 percent year-on-year, with new resources fueling Lenovo’s hybrid AI strategy and boosting readiness for the AI-driven decade ahead.

    5. A vision for smarter technology
    Lenovo continues to leverage its scale as the world’s largest PC maker while advancing its mission of “Smarter Technology for All,” aiming to build a more equitable and connected digital future.

    Lenovo has been on the Fortune Global 500 list for 16 consecutive years, with this latest ranking marking its highest in the technology category to date. The company is set to report first-quarter results for fiscal year 2025/26 on August 14, 2025.