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BUSINESS TODAY 21 July 2022

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€1.50 THURSDAY 21 JULY 2022 • ISSUE 165 WWW.BUSINESSTODAY.COM.MT INTERVIEW PAGE 5 PAGE 2 PAGE 3 13 Maltese business leaders join forces to collaborate in the Malta ESG Alliance Combating digital piracy and purchase of fake goods by Europe's youths EU urges members to slash gas use by 15% to face Russian cuts PAUL COCKS 13 of Malta's top business organisa- tions have announced the launch of a new alliance to tackle environmental, social and governance priorities being faced by the country. e Malta ESG Alliance (MESGA) is a private sector initiative that cur- rently brings together Alberta Group, APS Bank Plc, AX Group Plc, Bank of Valletta Plc, GO Plc, HSBC Bank Mal- ta Plc, International Hotel Investments Plc, Malta Public Transport Services (Operations) Ltd, MAPFRE Middlesea Plc, MEDSERV Operations Ltd, Melita Ltd, PG Group Plc and Toly Products Ltd. e Alliance members are being sup- ported by Perit David Xuereb and con- sultancy firm EY Malta. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 20 July 2022 Number of Trades: 69 Turnover: €472,153.77 MSE TRX Index: 7,764.457 (Change: -0.177%) Name 3.65% IHI PLC MT0000111337 - Currency € Last Traded: 20 July, 2022 Price 99.000 Change +0.500 US Dollar 1.0217 British Pound: 0.85227 Japanese Yen: 141.16 Australian Dollar: 1.4814 Swiss Franc: 0.99322 7,267.97 -28.31 7,347.60 / 7,253.56 Value Net variation High / Low -0.39 e first stated aim of the founding members of the new alliance is to decarbonise their business activities Participating companies will be expected to lead by example as an honest and credible inspiration to others 2557 4400 medirect.com.mt MeDirect Bank (Malta) plc, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). Oer valid for a limited time only. Terms and Conditions apply. → direct It pays to bank with us. 2. Download the MeDirect App. 3. Deposit €500 into your account. 4. Receive €25 tax free bonus. T&Cs Apply. 1. Log on medirect.com.mt to become a customer. Brussels has called for voluntary reduction in gas so as not to trigger mandatory Union Alert, accusing Russia of weaponising gas exports Representatives of the 13 founding members of the Malta ESG Alliance at Wednesday's launch

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