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Paf commits to Net-Zero by 2040
Paf’s climate goal is to reach Net-Zero emissions for the entire business by 2040. The target has now been validated by the Science Based Targets initiative (SBTi) and it is in line with the Paris Agreement’s goal of limiting global warming to 1.5 °C.
The Nordic gaming company Paf will work actively to reach Net-Zero. This means that Paf will reduce its greenhouse gas emissions by 90% by 2040 from 2019 emission levels. The remaining 10% of emissions will be addressed through neutralization and carbon offset.
“We are proud to be one of the very first in our industry to set ambitious Net-Zero targets. Having our targets approved by SBTi is an important milestone in our environmental responsibility work,” says Daniela Johansson, Deputy CEO & Chief Responsibility Officer at Paf.
A powerful commitment
Paf’s climate goal represents a strong and clear ambition to take responsibility for its environmental impact. Paf has already had its Near-Term target approved by SBTi: to reduce Paf’s direct emissions (Scope 1 and 2) by 46% by 2030 from a 2019 base year.
“Reaching Net-Zero is not something you can do alone and it requires a broad collaboration. We will work closely with our suppliers and partners to achieve this goal,” says Anna Ingman, Environmental Specialist at Paf.
To ensure that the climate goals are reached, climate work needs to be integrated into every aspect of the business. Engaging the entire supply chain strengthens the commitment and creates a common ground for sustainable development.
“Paf’s Net-Zero goal is an ambitious and important step in the right direction. We hope to inspire other companies to take responsibility for their emissions and contribute to a more sustainable future,” says Daniela Johansson.
Although it is not a requirement from SBTi, Paf plans to continue climate financing along the way.
This is SBTi
The Science Based Targets initiative is a collaboration between CDP, the UN Global Compact, the World Resources Institute (WRI) and the World Wildlife Fund (WWF). The initiative was launched in the context of the 2015 Paris Agreement.
SBTi offers companies a robust and scientific framework of climate targets and methodologies. The targets should be in line with what science says is needed to keep global warming below 1.5°C.
SBTi counts greenhouse gas emissions according to the GHG protocol which consists of:
Scope 1 / Direct emissions
Direct greenhouse gas emissions that come from sources owned or controlled by Paf (in Paf’s case company vehicles).
Scope 2 / Indirect emissions from purchased energy
Emissions from heating, cooling and production of electricity purchased by Paf.
Scope 3 / Indirect emissions from business activities
Indirect emissions caused by Paf’s activities such as business and customer travel, purchased technology, electricity consumption for physical games and server services, as well as capital goods, waste management and employee commuting to and from Paf’s offices. Scope 3 contains a total of 15 categories, eight of which are relevant to Paf’s operations.
Depending on their size, companies apply in different pathways to have their climate targets approved by SBTi. As Paf has fewer than 500 employees, the climate target was approved as an SBT-target for small and medium-sized enterprises.
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MGM China Announces Salary Increment for 99% Team Members in March
MGM China has announced a salary increment for all eligible team members with effect from March 24, 2025, in recognition of their hard work and contribution for the company.
A 2.5% increment will be awarded for all eligible team members in which 99% team members will be rewarded. For team members with a monthly salary of or less than MOP16,000, a standard salary adjustment of MOP600 will be granted, which represents a 2.5-5.5% increment.
Ms. Pansy Ho, Chairperson and Executive Director of MGM China Holdings Limited, said: “We extend our heartfelt gratitude to our team members for their wholehearted dedication in moving forward hand in hand with the Company. In the new year, MGM will fully support the policy implementation of the SAR Government as always; pragmatically promote the development all-for-one cultural tourism, while working with the team to continue enrich the essence of Macau as ‘One Center, One Platform, One Base’.”
The post MGM China Announces Salary Increment for 99% Team Members in March appeared first on European Gaming Industry News.
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NRT Technology Appoints Tecnet Asia as its Official Distributor in the Philippines
NRT Technology Corp, a global leader in payment solutions and self-serve kiosks, has appointed Tecnet Asia Inc as its official distributor in the Philippines.
The collaboration aims to bring NRT’s innovative technologies to the local gaming and hospitality markets, further enhancing operational efficiency and improving customer experiences, the companies said in a joint announcement.
NRT currently serves clients across the Asia-Pacific region, including the Philippines.
“This collaboration underscores the growing demand for secure and innovative payment solutions in the Philippine gaming industry. By joining forces with NRT, we aim to deliver cutting-edge technologies that meet the evolving needs of our clients,” said Suat Sirin, President of Tecnet Asia.
Art Ayow, NRT’s Senior Vice President of International Sales, said: “Tecnet Asia’s local expertise and strong network make them the ideal partner to expand the NRT brand in the APEC region. We are excited about the opportunities this partnership will create for our clients in terms of enhancing guest experiences and improving operational efficiencies.”
The partnership aims to drive significant advancements in the region, reflecting both companies’ commitment to innovation, growth and world-class service in the gaming and hospitality sectors, they said.
Tecnet Asia said the partnership reflects its continued growth in expanding its offerings to meet industry demands, providing expertise in technical consultancy, project management and support services. The company last year also became distributor for renowned brands like Novomatic, Ainsworth, Apex, Patir Seating and Miwa Locks.
The post NRT Technology Appoints Tecnet Asia as its Official Distributor in the Philippines appeared first on European Gaming Industry News.
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Relax Gaming unlocks medieval fortunes with Camelot Cash
Relax Gaming, the iGaming aggregator and supplier of unique content, has launched Camelot Cash, a folklore-inspired slot that takes players on a quest to uncover legendary treasures worth up to 5,000x their bet.
Following on from the success of popular titles, Immortal 5 and Winter Champions, Relax Gaming brings the Arthurian legend to life with a host of engaging features.
The game’s Cash symbol awards instant wins when part of a winning line, multiplying the value shown by the player’s bet.
Landing three or more Bonus Wilds, which also serve as wild symbols, activates the Free Spins feature. Players can earn 8, 16, or 24 Free Spins, with each level awarding up to three expanding symbols.
During the Free Spins, at least one expanding symbol guarantees additional win opportunities by covering the reel and paying out even if the symbols are not connected from left to right.
Landing more Bonus Wilds can reactivate additional free spins and expanding symbols, keeping players engaged and the action alive.
With its familiar mechanics and rewarding features, Camelot Cash is a versatile addition to any operator’s portfolio, designed to attract and retain a broad player base.
Shelley Hannah, CPO at Relax Gaming, said: “Camelot Cash delivers an immersive experience with a ‘book of’ style approach blended with cash prizes and our own innovative twist. Inspired by King Arthur’s tale, Camelot Cash is a combination of intuitive mechanics and engaging features, resulting in a medium volatility game that appeals to players.”
Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.
Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.
The post Relax Gaming unlocks medieval fortunes with Camelot Cash appeared first on European Gaming Industry News.
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