Latest news with #Barometer

IOL News
14-06-2025
- Business
- IOL News
Point of view: understanding the financial habits of South Africa's youth
Explore how South Africa's youth, aged 18 to 35, are navigating their financial journeys amidst economic pressures, balancing essential expenses with aspirations, and embracing digital financial tools. The financial landscape for young South Africans is rapidly evolving, shaped by economic pressures, shifting priorities, and a growing reliance on digital financial tools. The Youth Barometer, which harnesses data from Standard Bank's Personal and Private Banking and Liberty, offers a revealing snapshot of how South Africans aged 18 to 35 are navigating their financial journeys—balancing essential expenses with discretionary spending, financing their first assets, supporting their families, and planning for their long-term futures. The inaugural Youth Barometer was launched this week in Rosebank. According to the head of youth and mass market segments at Standard Bank, Tshiamo Molanda, these insights are more than data points; they are a call to action. "They challenge us to design solutions that are relevant, inclusive, and forward-looking. Solutions that not only respond to where young South Africans are now but also anticipate where they aspire to go. Because when we understand youth better, we can partner with them more meaningfully, enabling them to grow as we grow," she says. But where are young South Africans today, financially? The Barometer's findings provide answers. Data from three million youth customers reveals a shifting pattern in spending habits. Young South Africans aged 18–24 allocate the highest proportion of their income to essential expenses (58%), followed by those aged 25–29 at 53%. Only the 30–35 group shows an even split between essentials and discretionary spending—a trend mirrored among those over 35, likely due to higher earnings reducing the strain of covering necessities. However, younger generations spend proportionately less than their elders on insurance, loans, transport, and savings, while prioritising categories such as clothing, groceries, dining out, entertainment, digital connectivity, and self-care. Meanwhile, spending on education, healthcare, holidays, utilities, and family support remains fairly consistent across all age groups. The data reveals that while the digital economy is expanding, cash withdrawals remain a common habit for youth aged 18 to 24, making it harder to track their exact spending patterns. Still, the data that remains within banking systems points to top spending categories such as digital connectivity, groceries, and fast food. Interestingly, despite a decline in clothing spending from 2021 to 2024, younger customers still allocate more income to clothing than older youth, frequently shopping at brands like Mr Price, Pep, Ackermans, Sportscene, Pick n Pay Clothing, Shein, H&M, Cotton On, and Markham. Luxury brands also feature strongly, with spending patterns reflecting preferences for Farfetch, Louis Vuitton, Timberland, Steve Madden, Piccadilly, G-Star Raw, and Hugo Boss. 'This tells us that younger age groups have a higher brand affinity to luxury brands, because while we see some of this behaviour among older age bands, more reasonably priced brands feature among older youth,' says Shené Mothilal, solution owner for Digital Money Manager. Young adults aged 18–24 allocate the highest proportion of their income to groceries among under-35s, alongside the highest spend on takeouts—indicating that while older customers increasingly cook at home, younger customers prefer a balance between eating in and dining out. Among 25–29s, spending remains focused on essentials such as groceries, digital connectivity, and clothing. However, insurance and loan repayments begin rising, suggesting that many in this age group are establishing financial stability and working towards formal credit histories. Meanwhile, those aged 30–35 start exhibiting spending behaviours akin to over-35s, allocating more of their income to insurance, loans, and healthcare. With incomes rising due to career advancement, their spending shifts away from essentials such as groceries, clothing, and digital connectivity. This trend is compounded by demographic factors—many are not yet supporting children, with South Africa's median age for first-time mothers now sitting at 28.3 years. In a climate where the cost of living continues to rise and incomes remain under pressure, savings aren't optional—they're essential. To address this, Standard Bank provides tailored guidance for different age groups: 18–24: Start small, but start now. Redirecting just R50 to R100 a month from takeouts, self-care, or entertainment into an emergency fund can create momentum. Using financial tools like Standard Bank's Digital Money Manager to track spending habits can help build consistency before scaling up savings contributions. 25–29: Rebalance discretionary splurges. This group is showing increasing financial maturity through higher contributions toward insurance and loans. However, they still rank second in clothing and takeout spend, suggesting an opportunity to fine-tune their budgets further. 30–35: Leverage career gains to build a cushion. With a more balanced split between essentials and discretionary spending, this group is well-positioned to accelerate their savings toward property, education, and retirement. Redirecting even a small portion of entertainment or takeout spending into interest-bearing financial products could significantly bolster long-term security. The data reveals that despite making up nearly 60% of South Africa's population, those under 35 account for just 17% of the country's outstanding credit value. Their credit portfolios consist largely of unsecured products such as retail accounts, personal loans, and entry-level credit cards, unlike older generations, who have broader access to secured credit lines. Once credit becomes available to them, young South Africans tend to use it extensively. For example, the average credit limit for 18–24-year-olds is approximately R20,000, with utilisation rates above 70%, suggesting many rely on credit for both necessities and lifestyle expenses. Additionally, youth in this age bracket make more credit card payments per month than any other segment, averaging three payments per month. Encouragingly, youth under 35 are showing a strong and growing interest in property ownership, despite broader affordability concerns and rising living costs, the data shows. Approximately 40% of all new home loan enquiries at Standard Bank from January 2023 to April 2025 have come from this demographic, demonstrating a clear ambition to secure long-term financial assets. Similarly, insights from Standard Bank's Vehicle and Asset Finance division indicate that youth aged 18–35 remain a vital segment in the car finance ecosystem, accounting for just under 40% of vehicle finance customers. However, limited incomes shape their decisions—from car brands to deposit sizes and repayment structures. * Maleke is the editor of Personal Finance. PERSONAL FINANCE


Indian Express
05-06-2025
- Business
- Indian Express
India Inc falling short on net-zero targets, warns BRSR 2025 report
On World Environment Day, the latest edition of the BRSR Barometer has sounded an alarm on the state of corporate sustainability in India. Despite modest progress, the report reveals that Indian companies are falling short on critical sustainability metrics, particularly in renewable energy adoption and value chain emissions reporting. Jointly released by ECube, StepChange, and EarthInherited, the BRSR Barometer 2025 analyses data from over 800 listed Indian companies across 12 sectors, collectively generating over ₹8 trillion in annual revenue. The findings are expected to influence regulatory development and the report has been presented to SEBI Executive Director Pramod Rao. According to Ankit Jain, Co-founder and CEO of StepChange, the Barometer 'highlights critical data and performance gaps that are vital if we are to mobilise the trillions of rupees needed for the nation's net-zero transition'. Harish HV, Founder and MD of ECube, added that the report serves as a 'mirror' for India Inc's evolving ESG (Environmental, Social, and Governance) disclosures, enabling firms to benchmark themselves against peers. 📌 Scope 3 emissions largely undisclosed: Fewer than 25% of companies, on a median sector basis, quantify their indirect emissions (Scope 3), despite upcoming mandates on value-chain reporting. 📌 Limited renewable energy uptake: Median renewable energy use across sectors remains below 10%, indicating slow progress on green energy transition. The pharmaceutical sector stands out with 92% renewable adoption. 📌 Growing water and waste pressures: High-risk sectors such as Textiles (407 kilolitres per crore revenue) and Chemicals face increasing stress from water usage and hazardous waste generation. 📌 Inadequate social reporting: While female workforce participation has edged up in sectors such as light manufacturing (23%), broader social indicators such as health and safety reporting, training, and grievance redressal remain insufficiently covered. The BRSR Barometer is positioned as a strategic tool for companies, investors, and policymakers. By benchmarking ESG performance and identifying disclosure gaps, it enables Indian businesses to move beyond compliance and towards a competitive sustainability advantage. The full BRSR Barometer report is available for download via the StepChange and EarthInherited websites.


The Mainichi
01-06-2025
- Politics
- The Mainichi
Global Perspective: Overcoming 'crisis of trust' vital as hostility, division deepen
By Izumi Nakamitsu, U.N. Under-Secretary-General Amid growing concerns worldwide about democracy in crisis, the findings of the 2025 Edelman Trust Barometer survey were released in January during the World Economic Forum Annual Meeting in Davos, Switzerland. Celebrating its 25th anniversary this year, the survey -- conducted annually by public relations firm Edelman Inc. in the United States -- measures public trust in governments, corporations, media, and nongovernmental organizations across the world. The survey's inception dates back to 1999, when large-scale demonstrations against globalization erupted in Seattle during the third World Trade Organization (WTO) ministerial meeting. The protests marked a historic watershed for civil society organizations and NGOs, amplifying their international decision-making. Initially designed to assess trust levels between governments, corporations and NGOs, the first results showed that NGOs were the most trusted globally. Since then, the world has experienced tectonic shifts: the financial crisis of 2008, the rise of populism from around 2016, the COVID-19 pandemic and the Russian invasion of Ukraine. Each of these crises has further shaken global stability. The deep anger of have-nots This year's Barometer, subtitled "Trust and the Crisis of Grievance," paints a stark picture: Trust in organizations in general, including governments and media outlets, continues to decline, with grievances especially high among low-income groups. Economic uncertainty, job insecurity and inequality -- exacerbated by globalization, recession, and accelerating rapid technological change -- are fanning resentment and grievances. And the gap between high- and low-income groups is widening regarding their trust in government and other organizations. One of the report's most shocking findings: An average of 40% of people in the world and 35% in Japan view "hostile activism" as a valid means to drive change. Among adults aged 18-34, support for hostile activism accounts for 53% globally and 43% in Japan. Hostile activism includes online attacks, intentionally spreading disinformation, threats or manifestations of violence, and damaging public or private property. In fact, with rising online hostility in Japan, and events such as the Capitol riots in the U.S. in January 2021, the report warns that hostile activism is not rare anymore. It is becoming a phenomenon that can happen at any time. Widespread pessimism about the future The survey reveals that less than 1 in 5 people in many developed countries believe that "the next generation will be better off compared to today." In Japan, only 14% hold this view. The 2023-2024 United Nations Development Programme Human Development Report finds that 7 out of 10 people feel they have little influence on their government's decisions. The sense of hopelessness for the future, paired with distrust in democratic political processes, is fueling vicious cycles of further disengagement in the political system. A "zero-sum" mindset -- where people assume that gains for the opposing group means losses for themselves -- coupled with misinformation and disinformation abounding on social networking sites further intensifies hostility and division among people. Populist resentment against the perceived economic elites stems from a reality where changes in the economic and industrial structures due to economic globalization benefit only a limited number of rich people, while their negative consequences remain largely unaddressed. Growing inequality and disparity erode social structures such as the family and community, which are key sources of people's sense of belonging. The current crisis of trust can no longer be framed by the traditional political axis of the right and the left. Instead, solutions must consider the state of the society, the role of politics and policies regarding international cooperation -- especially amid geopolitical paradigm shifts -- and technological innovation that is advancing at a tremendous pace. Domestic divisions and political polarization are directly interlinked with international cooperation and trust. "International cooperation" isn't limited to humanitarian and developmental assistance from developed to developing countries. It now extends to tackling a wide range of challenges vital to the stability and prosperity of the developed countries: responding to climate change, regulating artificial intelligence, and enhancing cooperation and norm promotion in security. Failing to address the sources of instability in developing countries could trigger further confusion and large-scale population movements, exacerbating international instability. As such, disengaging from international cooperation is ultimately not beneficial to the national interests of any country in the world today. The U.N. Sustainable Development Goals motto, "Leave no one behind," was adopted by the General Assembly in 2015, rooted in ethical and moral considerations based on international solidarity. The idea for humanity to prosper together is still an important principle, but now has taken a strategic dimension, as the survey reveals: Responding to popular grievances and restoring trust in political organizations has become critical to preventing large-scale destabilization of our global society. The UN's unconventional call to action In his September 2021 report titled "Our Common Agenda," United Nations Secretary-General Antonio Guterres emphasized the need to rebuild trust by renewing the "social contract" -- the agreement between governments and their citizens that underpins legitimacy in governance and is binding for the stakeholders. He urged global leaders to listen to the voices of citizens and work together to envision the future. The secretary-general's stance was unusual, as the world body normally avoids commenting on the internal affairs of member states in its reports, with the exception of major human rights violations. However, rebuilding trust can be perceived as an issue directly affecting world peace, given the big picture of global destabilization related to a crisis rooted in trust deficits in domestic political institutions fueled by people's grievances. Unfortunately, there is no quick fix. Governments, businesses, the media, NGOs, and international organizations from all sectors -- including the U.N. itself -- need to commit to and collaborate on concrete efforts to rebuild trust. We must be held accountable when we fail to perform the functions the people expect, and work hard to reform ourselves. Domestic organizations must listen to the voices of citizens, engage in sincere dialogue, and work together to find a breakthrough. Responses such as, "We would like to withhold an answer to your question," as is often heard in political arenas in Japan and elsewhere, should be confined to the past. In an era of great change, rebuilding trust at all levels is the key to a better future.


Associated Press
07-05-2025
- Business
- Associated Press
Sustainable Construction: Canada and Global Trends Decrypted by the 3rd Edition of the Saint-Gobain Barometer
Sustainable Construction Barometer 2025: While progress is being made, Canada is still lagging behind rest of world. Saint-Gobain, global leader in light and sustainable construction, reveals the results of the third edition of its Sustainable Construction Barometer, a worldwide survey conducted in 27 countries amongst 4,000 stakeholders of the industry and 27,000 citizens to track progress of this priority topic. While we might see ourselves in Canada as the avant-garde by being more environment-friendly and eco-conscious, this year's Barometer paints a different story as it appears that we still have a blind spot when it comes to sustainable construction. As Canada is facing both a housing crisis and experiences an increase in extreme weather events due to climate change, it appears more important than ever to tackle those challenges together and think about building more resilient and sustainable housing solutions. You can also find more details of this year's Sustainable Construction Barometer in the official press release below. At the crossroads of demographic, social, energy, and climate challenges faced by societies, the construction sector must accelerate its transformation towards a more sustainable model. This involves designing a built environment that positively contributes to the health and well-being of individuals, is resilient to climate hazards, has low carbon emissions, and provides accessible housing for all—without compromising on quality or performance. This transition cannot happen without the collective commitment of all industry stakeholders. It is with this goal in mind that Saint-Gobain launched the Sustainable Construction Observatory in 2023. As part of this initiative, the 3rd edition of the Sustainable Construction Barometer , a global study conducted with Occurrence–IFOP, is presented today. It measures the progress made on this essential topic. This study is structured around 24 questions, asked to 4,000 stakeholders representative of the sector, along with an additional 27,000 citizens who responded to four specific questions. The responses helped identify key levers to accelerate sustainable construction in Canada Benoit Bazin, Chairman and CEO of Saint-Gobain: 'The conclusion is simple: we must act now. For sustainable construction to become the norm, it must be better understood and fully integrated into the expectations of both citizens and professionals. Beyond its environmental impact, its tangible benefits in terms of comfort, health, and well-being are still too often unknown or underestimated. To scale up, a global approach adapted to local realities is essential, taking into account uses, territories, and on-the-ground realities.' Jean-Claude Lasserre, CEO of Saint-Gobain in Canada: 'Both the housing and environmental challenges Canada face today are key topics that need to be tackled together to build a better future for all Canadians. This year's Barometer results clearly show that there is a need for the construction industry to foster collaboration amongst all key players to raise awareness around sustainable construction's environmental, societal and monetary benefits. Building more resiliently and sustainably is not only an aspiration, it is a necessity.' A global analysis to accelerate sustainable construction all around the world Launched in 2023 on a scope of 10 countries, the Sustainable Construction Barometer now covers 27 countries1, with a broad spectrum of stakeholders: professionals, students, elected local officials / local government representatives and members of associations. New this year, the survey also surveyed 27,000 regular citizens, giving them a voice in the debate on sustainable construction. Four key learnings A greater awareness of sustainable construction 67% of stakeholders claim to have a good grasp of the concept of sustainable construction. This figure has risen by 6 points over the past year. The perceived urgency to act on the subject remains high: 69% of stakeholders consider the implementation of more sustainable construction a priority. This stable result is backed up by a perception shared by citizens, who are on board with the issue: 60% consider it a priority, and 95% consider it important. The challenge now lies in converting this high level of stakeholder and public awareness into concrete actions, while taking local specificities into account. In Canada, the proportion of stakeholders claiming to have a good understanding of sustainable construction rose by 20 points year over year to stand at 71%. But the country faces a challenge when it comes to its general citizen population where only 22% of Canadians say they have heard about sustainable construction and know exactly what it is. Also, Canadians are less likely (52%) than in the rest of the world to believe implementing more sustainable construction solutions is a priority. Beyond the consensus to accelerate the sector's transition, the role of private players is praised 87% of stakeholders believe that we need to 'go further' in sustainable construction. Those involved in the design phase, positioned upstream in the value chain, appear as essential drivers: 56% of stakeholders consider architects and engineering firms to be the most legitimate players to advance this transition, followed by private companies in the sector at 44%. However, priorities vary widely from region to region: This diversity of regional challenges underlines the importance of tailoring sustainable construction strategies to local specificities, while preserving a strong global dynamic. A definition still largely associated with the environment, but resilience is gaining ground, while well-being remains in the background While stakeholders claim to better understand the concept, they still associate sustainable construction primarily with environmental issues. The energy efficiency of buildings (35%) and the use of ecofriendly materials (31%) remain the main criteria for defining the concept. Resilience in the face of climatic hazards is becoming an increasingly important issue. This topic has seen the strongest growth since the previous edition, reaching 21% (+8 points compared to 2024). Its importance varies by region, topping concerns in Africa (35%) and Asia-Pacific (32%), regions particularly exposed. The 'human' dimension of sustainable construction is still struggling to gain acceptance and remains relegated to the background. Only 15% of stakeholders and 15% of citizens associate sustainable construction with improved occupant well-being, even though this aspect could play a key role in its acceptance and deployment. Stakeholder awareness still insufficiently translated into concrete commitments Although stakeholders claim to be familiar with sustainable construction, only 28% say they are fully informed on the subject, and 35% of professionals have taken dedicated training. This still partial mastery of the subject may explain a certain limit to concrete commitments. The challenge for all value chain actors is therefore to transform this collective awareness into concrete actions. This challenge is a tremendous opportunity for mobilization. Focus on sustainable construction in Canada Beyond the Barometer, the Sustainable Construction Observatory The Sustainable Construction Observatory, launched in 2023, is also structured around Sustainable Construction Talks - meetings held internationally, alongside major multilateral events, but also at national level - and an online media Constructing a Sustainable Future, which today publishes its third special edition in paper and flipbook formats on the theme: 'Sustainable Construction: How to keep innovating?'. Through the eyes of experts and inspiring projects, this edition explores the levers needed to accelerate the sector's transformation towards more sustainable construction. About Saint-Gobain Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose 'MAKING THE WORLD A BETTER HOME'. €46.6 billion in sales in 2024More than 161,000 employees, locations in 80 countriesCommitted to achieving net zero carbon emissions by 2050 1Countries: Argentina, Brazil, Canada, China, Colombia, Czech Republic, Egypt, Finland, France, Germany, India, Indonesia, Italy, Mexico, Morocco, Norway, Poland, Portugal, Saudi Arabia, South Africa, Spain, Switzerland, Turkey, United Arab Emirates, United Kingdom, United States, Vietnam Visit 3BL Media to see more multimedia and stories from Saint-Gobain Page 2


Associated Press
28-04-2025
- Business
- Associated Press
Sustainable Construction: The United States and Global Trends Decrypted by the 3rd Edition of the Saint-Gobain Barometer
At the crossroads of demographic, social, energy, and climate challenges faced by societies, the construction sector must accelerate its transformation towards a more sustainable model. This involves designing a built environment that positively contributes to the health and well-being of individuals, is resilient to climate hazards, has low carbon emissions, and provides accessible housing for all—without compromising on quality or performance. This transition cannot happen without the collective commitment of all industry stakeholders. It is with this goal in mind that Saint-Gobain launched the Sustainable Construction Observatory in 2023. As part of this initiative, the 3rd edition of the Sustainable Construction Barometer, a global study conducted with Occurrence–IFOP, is presented today. It measures the progress made on this essential topic. This study is structured around 24 questions, asked to 4,000 stakeholders representative of the sector, along with an additional 27,000 citizens who responded to four specific questions. The responses helped identify key levers to accelerate sustainable construction in The United States and globally. Benoit Bazin, Chairman and CEO of Saint-Gobain: 'The conclusion is simple: we must act now. For sustainable construction to become the norm, it must be better understood and fully integrated into the expectations of both citizens and professionals. Beyond its environmental impact, its tangible benefits in terms of comfort, health, and well-being are still too often unknown or underestimated. To scale up, a global approach adapted to local realities is essential, taking into account uses, territories, and on-the-ground realities.' Mark Rayfield, CEO of Saint-Gobain in North America: 'This year's Barometer results clearly show improvement in US awareness of sustainable construction and its benefits for the environment, our health, comfort, and wallets. By building in a sustainable manner, we can strengthen the energy efficiency and resilience of buildings, saving building owners money in the long run. As key players in the industry, we must all do our part to continue to educate on these important benefits.' A global analysis to accelerate sustainable construction all around the world Launched in 2023 with 10 countries, the Sustainable Construction Barometer now covers 27 countries1, with a broad spectrum of stakeholders: professionals, students, elected local officials / local government representatives and members of associations. New this year, the survey also collected data from 27,000 regular citizens, giving them a voice in the debate on sustainable construction. Four key learnings A greater awareness of sustainable construction 67% of stakeholders claim to have a good grasp of the concept of sustainable construction. This figure has risen by 6 points over the past year. The perceived urgency to act on the subject remains high: 69% of stakeholders consider the implementation of more sustainable construction a priority. This stable result is backed up by a perception shared by citizens, who are on board with the issue: 60% consider it a priority, and 95% consider it important. The challenge now lies in converting this high level of stakeholder and public awareness into concrete actions, while taking local specificities into account. This desire to move forward is not expressed with the same intensity everywhere. In the United States, 34% of citizens surveyed acknowledged they had not heard of the concept of sustainable construction. What's more, the implementation of sustainable construction is perceived as a secondary consideration by 11% of stakeholders and 9% of citizens, the second-highest level worldwide. This points to the need for additional outreach and education on the benefits of sustainable construction to the public. Beyond the consensus to accelerate the sector's transition, the role of private players is praised 87% of stakeholders believe that we need to 'go further' in sustainable construction. Those involved in the design phase, positioned upstream in the value chain, appear as essential drivers: 56% of stakeholders consider architects and engineering firms to be the most legitimate players to advance this transition, followed by private companies in the sector at 44%. However, priorities vary widely from region to region: This diversity of regional challenges underlines the importance of tailoring sustainable construction strategies to local specificities, while preserving a strong global dynamic. A definition still largely associated with the environment, but resilience is gaining ground, while well-being remains in the background While stakeholders claim to better understand the concept, they still associate sustainable construction primarily with environmental issues. The energy efficiency of buildings (35%) and the use of ecofriendly materials (31%) remain the main criteria for defining the concept. Resilience in the face of climatic hazards is becoming an increasingly important issue. This topic has seen the strongest growth since the previous edition, reaching 21% (+8 points compared to 2024). Its importance varies by region, topping concerns in Africa (35%) and Asia-Pacific (32%), regions particularly exposed. The 'human' dimension of sustainable construction is still struggling to gain acceptance and remains relegated to the background. Only 15% of stakeholders and 15% of citizens associate sustainable construction with improved occupant well-being, even though this aspect could play a key role in its acceptance and deployment. Stakeholder awareness still insufficiently translated into concrete commitments Although stakeholders claim to be familiar with sustainable construction, only 28% say they are fully informed on the subject, and 35% of professionals have taken dedicated training. This still partial mastery of the subject may explain a certain limit to concrete commitments. The challenge for all value chain actors is therefore to transform this collective awareness into concrete actions. This challenge is a tremendous opportunity for mobilization. Focus on sustainable construction in the United States Beyond the Barometer, the Sustainable Construction Observatory The Sustainable Construction Observatory, launched in 2023, is also structured around Sustainable Construction Talks - meetings held internationally, alongside major multilateral events, but also at national level - and an online media Constructing a Sustainable Future, which today publishes its third special edition in paper and flipbook formats on the theme: 'Sustainable Construction: How to keep innovating?'. Through the eyes of experts and inspiring projects, this edition explores the levers needed to accelerate the sector's transformation towards more sustainable construction. About Saint-Gobain Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose 'MAKING THE WORLD A BETTER HOME'. €46.6 billion in sales in 2024161,000 employees, locations in 80 countriesCommitted to achieving Carbon Neutrality by 2050 1Countries: Argentina, Brazil, Canada, China, Colombia, Czech Republic, Egypt, Finland, France, Germany, India, Indonesia, Italy, Mexico, Morocco, Norway, Poland, Portugal, Saudi Arabia, South Africa, Spain, Switzerland, Turkey, United Arab Emirates, United Kingdom, United States, Vietnam Visit 3BL Media to see more multimedia and stories from Saint-Gobain