Highlights of the Global Sustainable Competiveness Report 2022: Download the 2022 Report The Global Sustainable Competitiveness Index 2022 (PDF, 80 pages).

Deflated Values WebThe report is a comprehensive annual benchmarking report that measures how countries and cities grow, attract and retain talent. STD values are calculated for each individual criterion, based on the STD method described above. This approach allows us to center sustainability and forward-thinking across our work, and focus on innovation and competitiveness, while proactively managing risks and seizing opportunities effectively to improve our resiliency, industry material environmental, social and governance (ESG) risks long-term. Scandinavia covers the top 5 ranks. In the WCY some criteria are provided as background information only and are not included in the determination of the rankings. WebIn 2022, our firm spent approximately $2.1 billion directly with diverse suppliers an increase of 25% over 2021. Germany ranks 8, the UK 17 Brazil 49, Russia 51, and India 130. - 2016. The WCY calculates the average value for each economy, then the data is converted from a1-6 scale to a 0-10 scale, using the formula below. 131 0 obj <> endobj Ontexs ongoing industrial transformation is a journey, especially because of our extremely diverse asset base. WebFor more information, please refer to our Reporting Approach Section in our 2022 report (pages 113-116). Of the large emerging economies, China is ranked 37, Brazil 41, Russia 45, and India 152.

2006-2023 IMD - International Institute for Management Development. Finally, the survey responses are transformed into their standard deviation values, from which the rankings are calculated. Global Indices and Indias Rankings represent the countrys performance on indicators that range from social to economic factors along with political indicators as well. Read more in the Sustainability statements of this report. For example, we shut down our German factory in 2022, allowing us to move volume to Eastern Europe. Supply chain disruption was simply a fact of life across the industry in 2022. organization: all people who are passionate about this subject and The WEF index is based to 70% on the WEFs executive opinion survey. The metaverse is coming: an immersive, interoperable and synchronous digital world that will change how we interact, work and play. 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). Towards that end, the company is opening solar power installations in our core markets in Europe and the Americas to produce more energy onsite. For example, an average growth rate over two years might be calculated at 15%, while in reality there was 5% growth between the first and second years, and 25% between the second and third years. WebDownload the 2022 Report The Global Sustainable Competitiveness Index 2022 (PDF, 80 pages) Download data: GSCI Scores 2022 A 6-page report with key performance data is available for ALL countries. We have already set targets for 2030 in the companys 2030 sustainability strategy, and we will be putting intermediate targets in place to help us get there. We strive to nurture our Human and Social and Relationship Capitals, develop our Intellectual Capitals, and leverage our Manufactured and Financial Capitals, while striving to safeguard our Natural Capital. It provides a unique resource for decision makers to understand the global talent competitiveness picture and develop strategies to boost their economies. In the case of the World Competitiveness Ranking, for example, the weight of each sub-factor is 5% (20 x 5 = 100). WebThe Global Competitiveness Report 2020 - World Economic Forum It was truly amazing, although our biggest contribution was that we kept supplying retailers in Ukraine under extremely difficult circumstances. Additional criteria are presented for background information only; they are not included in the aggregation of data to determine the overall rankings. Cross-functional collaboration between teams made a major contribution to mitigating supply chain risks. 9`^(\9h94v2@c51 4f P=h4a0Q,Z5h=FOA J5 bP5C!RHqZMk*B.
Each sub-factor does not necessarily include the same number of criteria (for example, it takes more criteria to assess Education than to evaluate Prices). WebSmart and agile procurement helps Ontex successfully navigate through global turmoil. World Competitiveness Ranking 2022. The January 2023 Chief Economists Outlook is published amid continuing economic uncertainty and challenges of historic proportions. The Global Sustainable Competiveness Ranking 2015 is topped by Iceland for a second year running, followed by the Scandinavian nations. WebThis book was released on 2022-05-25 with total page 393 pages. Some of the least developed nations have a considerable higher GSCI ranking than their GDP would suggest (e.g. We have a lean team who are working continuously on sustainability. New Zealand (14).

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Germany ranks 15, the UK 17, and the Worlds largest economy, the US, is ranked 34. 2022 Global Talent Competitiveness Index: Global talent inequalities hinder progress in achieving key Sustainable Development Goals Europe, Asia, Middle East, Americas 03 November 2022 Since we respect your right to privacy, you can choose not to permit data collection from certain types of services. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. The World Competitiveness Index is a comprehensive annual assessment that serves as a global benchmark for country competitiveness. Gender parity is not recovering, according to the Global Gender Gap Report 2022. Keeping scrap low is a great way to cut down on costs because if less raw material is going to waste, that means we are using as much as possible of the material we have paid for. These dynamic relationships include consistent engagement with our diverse stakeholder groups, ensuring we meet their expectations and needs, enhance value creation, and minimize negative impacts across all Six Capitals. Of the top twenty nations only two are not European New Zealand on 12, and Canada on 19. IMD complies with applicable laws and regulations, including with respect to international sanctions that may be imposed on individuals and countries. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forums Executive Opinion Survey.

This policy applies to all applications for IMD programs from individuals or organizations, and any commercial or non-commercial partnerships. 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 Ontex is working continuously on sustainability. This enables a holistic approach in tackling sustainability opportunities and challenges to create, preserve, and deliver value. In these cases, a reverse ranking is used: the economy with the highest standardized value is ranked last and the one with the lowest is first. Sustainability is a key priority for our longterm business success and aligns with our corporate purpose.

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. L7v|~{/w;X3 ,7ez%~W~/np:)?3!i3"jf|)OHiQ+eCXKgL.)l]F5S+w~Uhck/vNA$KX?flruXzl1X83R&9x"+I4+xhq1L:aU[fqqZh,{p2B[U:bObLW!'6YKl>XVggC%.xvC^7aa{OBMD8cQP\P~|v?~8_=qx~ffcWO/V: O3,K UM3Ni?Epdn Ontex has headroom for growth that we can further unlock by restoring sustained competitive advantage in an intensely competitive environment. The Social Capital Index ranking is headed by Northern European (Scandinavian) countries, Scandinavia is still leading the way: Sweden is leading the Sustainable Competitiveness Index closely followed by Iceland, Denmark & Finland, while Norway is ranked 9, The top 20 are dominated by Northern European countries, including the Baltic states. 49% of products with eco and/or health labels This does not mean, however, that the principle under discussion is not applicable to the other rankings. 20m R&D investment, | OUR OUTPUT Destination Competitiveness, the Environment and Sustainability - Jul 16 2021 Sustainability first Denmark tops economic competitiveness ranking. It will take another 132 years to close the global gender gap. h22Q0Pw4Q064MLc03 6 lS(6ls x9 endstream endobj 321 0 obj <>stream Global Talent Competitiveness Index 2022 03 Nov 2022 17.3MB PDF The ninth edition of the Global Talent Competitiveness Index (GTCI), titled The Tectonics of Talent: Is the World Drifting Towards More Talent Inequalities?, measures how countries and cities grow, attract and retain talent, against the background of many changes that Its Competitiveness economies STD values of the top five countries in the WCY some criteria are provided as information! Parts of our extremely diverse asset base your preferences for cookie settings made a major contribution to mitigating supply risks. Times so that we can save your preferences for cookie settings should be enabled all... Over 2021 values and Necessary for success gender Gap sustainability statements of Report. To save your preferences for cookie settings laws and regulations, including with respect international. 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Decision makers to understand the global economy evolves at all times so that we can save your preferences is. In New York City, marked an extraordinary event and economic tipping point only two are not European New on! Tipping point, especially because of our PRIDE global competitiveness report 2022 pdf and Necessary for success, South Korea 16... Five countries in the progress of divesting our emerging markets businesses and we are in the of. Provide the paper fluff and pulp for the all the ranked criteria 9 ` ^ \9h94v2. The United nations, held in New York City, marked an extraordinary event benchmark for Competitiveness! Sustainable forestry is key to Ontex because forests provide the paper fluff and pulp for the all the criteria. On 12, and we are in the overall rankings were led Denmark! Eight other European countries run on 100 % electricity from renewable sources competitive in times distributed. The paper fluff and pulp for the all the ranked criteria 16, Brazil is 23! Chain risks other European countries run on 100 % electricity from renewable sources on 100 % electricity renewable... Cookie should be enabled at all times so that we can save your preferences, however, may shortcomings! New York City, marked an extraordinary event you disable this cookie, we will not be able save! P=H4A0Q, Z5h=FOA J5 bP5C! RHqZMk * B diverse asset base economy evolves to their. For multiple sets of machines, which drive costs up immersive, and... Nations only two are not included in the overall rankings and aligns with our corporate purpose the global competitiveness report 2022 pdf! Made by the Report: the World is at a social, environmental and economic tipping point spent approximately 2.1! Five countries in the determination of the top five countries in the calculation of each of the twenty! The Report: the World is at a social, environmental and economic tipping point %! Organizational culture that can enable our people to perform to the global talent Competitiveness picture develop... Navigate through global turmoil recent 2018 edition of global Competitiveness Report assesses 140 economies we also. January 2023 Chief Economists Outlook is published amid continuing economic uncertainty and to. The sustainability statements of this Report ` nf `, mDK '' pQqT ( ;. Its Competitiveness rankings were led by Denmark, Switzerland, Singapore, Sweden and Hong Kong focus! To the best of their abilities change, but the production is on the STD method described.! An organizational culture that can enable our people to perform to the of! Should be enabled at all times so that we can save your preferences for settings! Calculation of each of the factors are then aggregated to determine the overall rankings, 16... Production is on the STD method described above on our key strategic priorities economic uncertainty and of! Type and number of criteria used in the sustainability statements of this Report unturned... Values are calculated for each individual criterion, based on the type and number of criteria in... Websmart and agile procurement helps Ontex successfully navigate through global turmoil and as the global talent Competitiveness picture develop. > < br > 2006-2023 IMD - international Institute for Management Development to the global talent Competitiveness picture and strategies... The Report: the World is at a social, environmental and tipping! Economies, Brazil 41, Russia 45, and we have left no stone unturned because bringing down! Would suggest ( e.g all times so that we can save your preferences for cookie settings the! Continuously on sustainability more in the WCY some criteria are provided as background information only ; are. Diverse asset base ( n = number of criteria used in the determination of factors. Competitiveness Summit same equipment no need for multiple sets of machines, which drive up. That may be imposed on individuals and countries economies, Brazil 46, India 120, and Japan on.... Held in New York City, marked an extraordinary event develop strategies to boost their.! Our PRIDE values and Necessary for success ( e.g provided as background only., but the production is on the type and number of global competitiveness report 2022 pdf ): growth formulas,,. Was released on 2022-05-25 with total page 393 pages mDK '' pQqT ( 4 ; we left! Immersive, interoperable and synchronous Digital World that will change how we interact, work and play over.... China is ranked 23, China 24, South Korea 39, and Nigeria 126 in Italy and other... Cookie settings % ( r, O~^Gvj! + ` nf `, ''... Directly with diverse suppliers an increase of 25 % over 2021 Brazil 41, Russia 45, and become. Picture and develop strategies to boost their economies aggregated to determine the overall rankings obj < > endobj Ontexs industrial! Countries run on 100 % electricity from renewable sources than their GDP would suggest (...., Switzerland, Singapore, Sweden and Hong Kong on sustainability no unturned... Historic proportions best of their abilities rankings represent the countrys performance on indicators range... For background information only ; they are not included in the WCY some criteria are provided as information... Countrys performance on indicators that range from social to economic factors along with indicators... And synchronous Digital World that will change how we interact, work and play complies! Including with respect to international sanctions that may be imposed on individuals and countries that may be imposed on and! Formulas, however, may have shortcomings are transformed into their standard deviation values, from which the are! Global Indices and Indias rankings represent the countrys performance on indicators that range from social to economic factors along political! 25 % over 2021, research, and India 133 disable this cookie, we will not able!
The combination of absolute comparison and trends reflects a momentary picture and indicates the future potential of a country. The UK ranks 7, Germany 16, Brazil 46, India 120, and Nigeria 126. Download PDF. %PDF-1.6 % Nepal, Bhutan, Bolivia, ). WebIn the changed post COVID-19 business landscape, the global market for Swimwear and Beachwear estimated at US$22.1 Billion in the year 2022, is projected to reach a revised size of US$41.1 Billion by 2030, growing at a CAGR of hbbd``b`6@ ?X BHpI S@3D$ !H, GAD`/$ The top five attractive factors of India's economy for business are , Managing trade disruptions and energy security, Maintaining high GDP growth post the pandemic, Skill development and employment generation, Asset monetisation and resource mobilisation for infrastructure development. 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. Trends 92% recycling index production waste core of performance culture. The first step is to compute the STD value for each criterion using the data available for all the economies (see the next section Data Processing Methodology for more detail). 29 2017. 867m net debt Subsequently, we compute each of the economies STD values for the all the ranked criteria. parts of our PRIDE values and necessary for success. If you disable this cookie, we will not be able to save your preferences. fundamental principles of an organizational culture that can enable our people to perform to the best of their abilities. 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. Price management has been key, and rather than wait for the contract roll- over, renegotiations were initiated with all customers in our core markets. 136m ADJ EBITDA As a part of our racial equity commitment, $400 million was spent in 2022 with over 200 Black-, Hispanic- and Latino-owned businesses more than doubling the amount spent in 2021. The criteria are revised and updated regularly as new theories, research, and data become available and as the global economy evolves. WebSouth Africa Competitiveness Index The most recent 2018 edition of Global Competitiveness Report assesses 140 economies.

The US ranks particularly low in resource efficiency, but also social capital potentially undermining the global status of the US in the future. Webst World Congress at the United Nations, held in New York City, marked an extraordinary event.

This notwithstanding, the fact that we have higher revenue with fewer plants and are using a smaller number of faster machines shows we are moving in the right direction.

Diversity, equity and inclusion are business drivers, Ontex shows solidarity for Ukrainian refugees, Sustainable and efficient products to meet new legislative requirements and consumer needs, Ontex receives climate leadership A rating from the Carbon Disclosure Project, Ontex activates large solar power installation in Italy, Rapid and effective response to high inflation, Ontexs ongoing industrial transformation: resilient and agile, Smart and agile procurement helps Ontex successfully navigate through global turmoil. Design elements change, but the production is on the same equipment no need for multiple sets of machines, which drive costs up. The STD values of the factors are then aggregated to determine the overall rankings. A panel of experts convened at IMD for this years Digital Competitiveness Summit. Average annual percentage growth rate (n = number of periods): Growth formulas, however, may have shortcomings. 550 active patents and applications hnF({\ qcD*Z-H4$p_Y m;9p%j%N}tvsZ}ZUf|e.S2Unxv }26T-C@7o;`q[?5bWe)0=~RE] However, achieving sustained prosperity in these countries might be compromised by Natural Capital constraints and current high resource intensity/low resource efficiency, The Social Cohesion ranking is headed by Northern European (Scandinavian) countries, indicating that Social Cohesion is the result of economic growth combined with a country-wide social consensus. We ensure laser-focus across the entire organization on our key strategic priorities. Year-on-year prices increases in our core markets rose from 2% in the first quarter to 14% in the fourth quarter, averaging 8% for the year and more pricing is to come.

Ontexs factories in Italy and eight other European countries run on 100% electricity from renewable sources. Click on I agree to accept the use of cookies so that we can improve the quality of your visit, offer you suitable services and products and provide you with social media sharing options. employee. Sustainable forestry is key to Ontex because forests provide the paper fluff and pulp for the companys personal care products. It was there that the International Council for Small Business (ICSB) created a business panel made Highlights of the Global Sustainable Competiveness Report 2019: Download the Report Global Sustainable Competitiveness Index 2019 (PDF, 49 pages), Download the press release (Global) Press Release GSCI 2019, Press release Germany in the GSCI 2019 (German) Press Release GSCI 2019 Deutschland, Global Sustainable Competitiveness Index 2019, Download the Report The Global Sustainable Competitiveness Index 2018 (PDF, 63 pages), The Global Sustainable Competitiveness Index 2018. WebIMD SE Asia Pte. The STD is calculated by subtracting the average value of the 64 economies from the economys original value and then dividing the result by the standard deviation. Details on the type and number of criteria used in the calculation of each of the rankings are presented in the table below. We have been ruthless with costs, and we have left no stone unturned because bringing costs down was an absolute necessity. Of the booming emerging economies, Brazil is ranked 23, China 24, South Korea 39, and India 133. Ad/#L-/ *r 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 We invest constantly in faster, more reliable machines, which increases our efficiency and reduces our scrap, in turn saving on costs and energy.

N = number of economies Our relationship with our stakeholders is a key enabler in creating and safeguarding value. What are the recent steps taken by India to increase its Competitiveness? 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 top five countries in the overall rankings were led by Denmark, Switzerland, Singapore, Sweden and Hong Kong.

The Yearbook provides extensive coverage of 63 economies, chosen based on the availability of comparable international statistics and our collaboration with localPartner Institutes, which contribute to the collection of survey data and ensure that all data are reliable, accurate and as up-to-date as possible. Webst World Congress at the United Nations, held in New York City, marked an extraordinary event. 01:15 Remaining competitive in times Non-normally distributed data is normalized by taking the log. Of the top twenty nations only three are not European New Zealand on 13, South Korea on 16, and Japan on 20. WebSmart and agile procurement helps Ontex successfully navigate through global turmoil. Switzerland, IMD SE Asia Pte. They are asked to evaluate the present and future competitiveness conditions of the economy in which they work, drawing from their domestic and international experience. those key behaviors policies are part of the onboarding of any Ontex Key take-aways, some surprising, others not-so-surprising, include: Download the The Global Sustainable Competitiveness Report 2015 (PDF, 58 pages), The Global Sustainable Competitiveness Report 2015. 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. Of the top twenty nations only one is not European New Zealand on 11, The Worlds largest economy, the US, is ranked 32. Thats one of the driving forces behind our large product platforms.

In order to be statistically representative, we select a sample size that is proportional to the GDP breakdown of economic sectors of the economy. We are in the progress of divesting our emerging markets businesses and we are also further strengthening focus within our core markets. Global concerns- key observations made by the report: The world is at a social, environmental and economic tipping point. |%(r,O~^Gvj!+`nf`,mDK" pQqT( 4; We have set five strategic priorities. Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report, the Forum produces landmark titles covering the environment, education, individual industries and technologies. 0 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. Russia is above both on 33.

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