In April 2013, the World Bank released a statement establishing an ambitious goal: to end extreme poverty on a global scale, decreasing the percentage of those living with less than US$1.90 per day to no more than 3% of the global population by the year 2030.
There are still 87 million of the Southeast Asian population living below the national poverty line. Poverty is more than just a lack of money. It is also demonstrated through the lack of access and ability to afford necessities ranging from nutrients, healthcare, and education. These obstacles faced hinder them from living long and healthy lives and reaching their full potential.
Therefore, one of the most important areas to focus on is to economically empower those in poverty, to encourage them to improve their livelihoods and essentially exit the poverty cycle.
As corporations around the world are jumping on the wagon of transforming the way they run their business and developing their own ESG measurements in alignment with their CSR efforts. Zooming in to the “S” aspect of the ESG, it is more crucial now than ever to evolve your company’s social efforts to address social and economic justice.
People Systems Technologies (PST) recognizes the inequalities faced by the marginalized and vulnerable sectors of society. These societal gaps are further emphasized by the economic disparity among nations, which in effect leads to unequal and lesser opportunities for those in the grassroots.
Transform your approach in your CSR efforts, join us in our efforts to economically empower the poor to think and act beyond their immediate survival and achieve the “S” in your ESG.
In April 2013, the World Bank released a statement establishing an ambitious goal: to end extreme poverty on a global scale. The goal entails decreasing the percentage of those living with less than US$1.90 per day to no more than 3% of the global population by the year 2030.
Zeroing into Southeast Asia, there are still 87 million of the Southeast Asian population living below the national poverty line. Poverty is more than just lack of money. It is also demonstrated through the lack of access and ability to afford necessities ranging from nutrients, healthcare and education. These obstacles faced hinder them from living long and healthy lives and reaching their full potential.
Therefore, one of the most important areas to focus on is to economically empower those in poverty, to encourage them to improve their livelihoods and essentially exit the poverty cycle.
To economically empower is to enable the poor to think and act beyond their immediate survival, to exercise greater control over both their resources and personal life choices. People Systems Technologies (PST) recognizes the inequalities faced by the marginalized and vulnerable sectors of society. These societal gaps are further emphasized by the economic disparity among nations, which in effect leads to unequal and lesser opportunities for those in the grassroots. PST joins the United Nations in its call to reduce inequalities globally.
PST provides a nation-building solution that builds financial inclusion across different economic groups by using business and financial intelligence programmes, driven by our Fintech ecosystem, which is a key enabler and driver for economic growth and to reduce economic disparity, boost shared prosperity and sustainable development across nations.
PST provides modular programmes that are developed for participants based on the different levels of needs. PST solutions help to narrow the gap of financial and digital inclusion by providing access to micro loans, additional training and mentoring, micro insurance, and other government programs.
PST’s solution aims to contribute to eradicate extreme poverty
PST’s solution provides access to quality education for future generations
PST’s serves as a platform for more women that opens up doors for financial success.
PST encourage economic productivity, creation of micro-enterprises and job opportunities for others
PST’s solution aims to bridge economic inequalities especially in the B40 community.
PST partners with governments & corporations to provide a concrete plan for sustainable development
PST’s solutions directly contribute to the actualisation of six (6) of the seventeen (17) UN-SDGs.
Measuring how our programs have impacted the lives of our participants and their local communities in alignment to the UN Multidimensional Poverty Index
PST’s solution aims to contribute to eradicate extreme poverty
PST’s solution provides access to quality education for future generations
PST’s serves as a platform for more women that opens up doors for financial success.
PST encourage economic productivity, creation of micro-enterprises and job opportunities for others
PST’s solution aims to bridge economic inequalities especially in the B40 community.
PST partners with governments & corporations to provide a concrete plan for sustainable development
By using empowerment and technology as an enabler to increase the income of the marginalised communities; and transition the unbankable to become bankable.
The World’s 1st commitment platform which enables AFI member institutions to make concrete financial inclusion targets & policy to the UNSDGs, specifically focusing on Goal 1 – No Poverty.
The Sochi Accord provides a framework to leverage innovative FinTech to advance the world’s 1.7 billion unbanked.”
— AFI’s Policy Manager for Digital Financial Services, Ali Ghiyazuddin, 2018
PST seeks to contribute to nation building by eradicating poverty through technology and empowerment.