Japan – Mazda: Mid-Term Management Plan Update and Management Policy up to 2030

Mazda Motor Corporation today announces an update to its Mid-Term Management Plan and basic management policies up to 2030. Taking into account the significant changes that have occurred in the business environment including countries’ environmental regulatory trends, heightened geopolitical risks, and rapid development of advanced technologies represented by CASE, Mazda sets forth the basic policies for management stated below and will promote key initiatives.

Basic Management Policies up to 2030

Mazda believes it is the duty of every company to conduct its business responsibility for the earth and society and we continue to pursue research based on our human-centered philosophy. We are committed to engineering and manufacturing, creating human connections and developing people in a way that uplifts the mind and body.

1. Contribute to resolving the social challenge of curbing global warming through our electrification strategy appropriate to regional characteristics and environmental needs

2. Conduct in-depth research of people and shed light on their relationship with cars with a view toward realizing a safe and secure automotive society.

3. Maintain Mazda’s brand value management, offer our unique values, and continue to be the brand preferred by customers.

Key Initiatives

Based on the idea of “co-creating with others,” Mazda will promote collaborative projects with a broad range of partners, hone our unique values, and adapt to significant environmental changes. In addition, we will invest in people who are the fountainhead of our company.

1. Initiatives for Carbon Neutrality

To achieve carbon neutrality by 2050, we have set an interim target of making Mazda factories carbon neutral worldwide by 2035. We will pursue this initiative on three pillars: energy conservation, shift to renewable energies, and use of carbon neutral fuels. In this effort, we will contribute to realizing a sustainable circular society while coexisting with local communities and residents.

2. Electrification Strategy

We have set out a three-phase approach through 2030 and will flexibly address electrification. In the first phase, we will make use of our technology assets comprising multiple electrification technologies to achieve both a reduction in our environmental footprint and produce attractive products. In the second phase, we will introduce new hybrid system and, in China where electrification is advancing, introduce EV-dedicated vehicles as well as launch battery EV vehicles globally. In the third phase, we will promote the full-fledged launch of battery EVs and consider investing in battery production. We estimate Mazda’s EV ratio in global sales to rise to a range between 25 percent and 40 percent as of 2030.

3. Value Creation through Co-creation between People and IT

Mazda will conduct in-depth research of people to understand and create models of mechanisms between the human body and brain in our aim to accelerate the development of human-centered advanced driver assistance technology and eliminate new Mazda vehicles as a cause of fatal accidents avoidable with automotive technologies by 2040. In addition, we will facilitate investment to train digitally-proficient personnel capable of easily utilizing AI and IT.

4. Cost Reduction and Supply Chain Enhancement

From a comprehensive viewpoint, we will look into both value chains and supply chains to thoroughly eliminate waste, irregularities, and overburdens to refine our costs, thereby enhancing our capability to reduce costs and resilience to reductions in production.

In moving toward 2030, Mazda will aim to continue our research based on our human-centered philosophy, create more moving experiences for people to enjoy while driving in their daily life, and deliver more enjoyment to everyday life which will uplift and energize people.

Copyright ©2022 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Canada – Pest Management Advisory Council (PMAC) Meeting scheduled for October 3 and 4, 2022.

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Contact the Council

The Pest Management Advisory Council (PMAC) is a multi-stakeholder group that fosters communication and dialogue among stakeholders and with the Pest Management Regulatory Agency (PMRA), and provides advice directly to the Minister of Health on policies and issues relating to the federal pest management regulatory system.


Member biographies
Summary of affiliations and interests
Terms of Reference

The next PMAC meeting is scheduled to take place October 3 and 4, 2022. To register to attend as an observer, contact the PMAC Secretariat.

Contact the Council
Contact the Council by e-mail: hc.pmra.pmac.secretariat-ccla.arla.sc@canada.ca.

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Union Minister Shri Nitin Gadkari highlights need to engage world class project management consultancy organisations to improve administration of Local self-government bodies

Ministry of Road Transport & Highways

azadi ka amrit mahotsav

Union Minister Shri Nitin Gadkari highlights need to engage world class project management consultancy organisations to improve administration of Local self-government bodies

Technology should be used to financially empower Local self government bodies : Shri Nitin Gadkari

Posted On:
27 AUG 2022 1:16PM by PIB Mumbai

Innovation, entrepreneurship, science and technology, Research skills and good practices constitute knowledge and turning knowledge into wealth is the future of the country, said Union Road Transport and Highways Minister Nitin Gadkari while addressing the convocation ceremony of All India Institute of Local Self Government held in Mumbai today.

President of All India Institute of Local Self Governance Ranjit Chavan, Director General Dr. Jayaraj Phatak, Vice President Rajkishore Modi, members of the governing body of the organization Vijay Sane, Govind Swaroop, Ravi Guru, Utkarsha Kavali, Sneha Palanitkar were present on this occasion.

Minister expressed the belief that the students graduating today will work for the country and society through their respective fields by using the knowledge they have obtained. He said that it is necessary to combine technology and education as technology is constantly changing all over the world.

Shri Gadkari said that to make the projects of Local self government bodies qualitatively better, it is high time we engaged the Project Management Consultancy Organizations of world-class standard, and for that, technical parameters should be given more weightage than financial qualifications. He expressed the opinion that unless this happens, there will be little improvement in the administration of municipal bodies. Minister said that in order to improve the performance of the municipalities, it is equally necessary to do performance audit along with the financial audit.

Minister said that there is a need for financial empowerment of the local self-governing bodies, especially the municipal corporations, by using technology. Technology can be utilised to provide services like road construction, waste management, water treatment, and 24-hour water supply in the best way. This will not only save money but will also earn revenue. As an example Minister said that by making public transport fully electric, a lot of money will be saved.

“Local self-government bodies should not rely only  on government grants for projects, but should also adopt the option of working through public private sector partnership. There is a huge opportunity for that in every field. Public private sector partnership in solid and liquid waste management can generate an economy of Rs 5 lakh crore, minister added.” In this context, Gadkari gave examples of projects implemented in Mathura and Nagpur Municipal Corporation for sewage management.

The minister also said that making bio-ethanol from crop residue will not only create fuel but will also curb pollution due to burning crop residues.


PIB Mumbai | DJM/M.Chopade/P.Kor

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Project Cost Management Book Launched

Promotional Pricing Ending Soon

Sasn Diego, CA – WEBWIRE

The challenge is that most of the books or material I have read on project cost management need an accounting degree to figure out the content. What inspired me was the fact that I knew Ray’s books are written in a way that they are easy to understand for both new and experienced project managers. – Inham Hassen

Yesterday, Ray Frohnhoefer and Inham Hassen’s book, “Project Cost Management: Principles, Tools, Techniques, and Best Practices,” was officially launched. Those wishing to see the replay of this virtual event can view it at https://www.accidentalpm.online/project-cost-management-virtual-launch-replay.

During the event, Mr. Frohnhoefer shared the origin story of the book, and the co-authors shared their inspiration and favorite parts of the book. At the close, they answered questions from readers.

Because Mr. Frohnhoefer and Mr. Hassen want to help improve project management practices for as many as possible this year, the Kindle edition book (readable on virtually any device) is available for $1 until the end of June at https://www.amazon.com/dp/B0B2XDJF2N.

Other paperback and ebook formats are available via a Universal Book Link, https://books2read.com/u/bPgw6A. As an added special, all PPC Group, LLC books have their Kindle Editions available for $1 for the same period.

PPC Group, LLC, Mr. Frohnhoefer, and Mr. Hassen are urging aspiring and new project managers, as well as seasoned professionals to consider these resources in planning their career advancement for 2022.

Fullerton Fund Management appoints Ken Goh as Chief Investment Officer

Fullerton Fund Management (“Fullerton”) has appointed Ken Goh as Chief Investment Officer (CIO), effective 1 April 2022. Ken will report to Jenny Sofian, Chief Executive Officer (CEO).

Mr. Ken Goh, CFA, Chief Investment Officer

As CIO, Ken will be steering the strategic direction for Fullerton’s investment team. He will also oversee investment performance for all portfolios across equities, fixed income, alternatives, multi-asset and treasury management.

“Ken’s appointment comes at an important time, as we grow our business and respond to the changing environment, as well as needs of clients. Ken’s proven abilities, astute leadership and portfolio management expertise will be instrumental in driving the expansion of our investment capabilities to deliver investment excellence to clients,” said Jenny Sofian, CEO.

Prior to his new role, Ken was Deputy CIO and Head of Equities at Fullerton. An industry veteran with almost 30 years of investment experience, he has deep and extensive expertise in managing portfolios and leading teams across different market cycles. At Fullerton, he spearheaded enhancements to investment processes and strategies, focusing on a high conviction, ESG-integrated investment approach. He was also instrumental in reinforcing the investment architecture at Fullerton, by driving collaboration across teams and investment platforms, and through the articulation of house views.

Before joining Fullerton in 2017, Ken held senior portfolio management and leadership positions at several local and international firms. His wealth of experience and tenacity makes him an ideal candidate to lead Fullerton’s investment team.

“I am very excited to take on this role and work closely with our seasoned investment team to take advantage of market opportunities and drive investment growth for our clients,” Ken said. “We have deep bench strength in the asset classes that we manage, and I am confident that our deep understanding of markets, strong investment platforms, and integrated, collaborative culture can unlock substantial value for investors.”

Ken succeeds Patrick Yeo, who will be leaving Fullerton after 17 years. Patrick will remain at Fullerton till September, and will work with Ken and the investment team to ensure a seamless transition.

“We would like to thank Patrick for his contributions to Fullerton, and the role he has played in growing the core capabilities of the firm. We wish him well in his future endeavours,” Jenny said.

About Fullerton Fund Management

Fullerton Fund Management Company Ltd (“Fullerton”) is an Asia-based investment specialist, focused on optimising investment outcomes and enhancing investor experience. We help clients, including government entities, sovereign wealth funds, pension plans, insurance companies, private wealth and retail, from the region and beyond, to achieve their investment objectives through our suite of solutions.

Our expertise encompasses equities, fixed income, multi-asset, alternatives and treasury management, across public and private markets. As an active manager, we place strong emphasis on performance, risk management and investment insights.

Incorporated in 2003, Fullerton is headquartered in Singapore, and has associated offices in Shanghai, London, and Brunei. Fullerton is part of a multi-asset management group, Seviora, a holding company established by Temasek. NTUC Income, a leading Singapore insurer, is a minority shareholder of Fullerton.

For more information, please visit www.fullertonfund.com


Mr Ken Goh, CFA
Chief Investment Officer

Ken is CIO at Fullerton Fund Management. He sets the strategic direction for the investment team and is responsible for overseeing the investment performance of all portfolios. Ken also manages Fullerton’s Global Absolute Alpha, Asia Focus and Asia Absolute Alpha Equities strategies.

Ken joined Fullerton in 2017 as Head of Equities and was additionally appointed Deputy CIO in 2020. He was previously CEO of CIMB Principal Asset Management’s Singapore office. He was also concurrently Regional CIO and Regional Head of Equities. Before he joined CIMB Principal in 2007, he held various senior positions in APS Asset Management, MeesPierson Private Bank, Allianz Dresdner Asset Management and Philip Capital Management. Earlier in his career, Ken worked at the Government of Singapore Investment Corporation (GIC).

Ken graduated from National University of Singapore with a First-Class Honours in Business Administration. He is also a CFA charterholder.

For media queries, please contact:
Kamal Samuel
Email: fullerton@financialpr.com.sg
Mobile: 92294410

Topic: Press release summary