Latest news with #GlobalImpactReport
Business Upturn
5 days ago
- Business
- Business Upturn
Copeland Releases First Global Impact Report Showcasing Sustainability Leadership and Purpose-Driven Innovation
By Business Wire India Published on July 11, 2025, 09:57 IST Business Wire India Copeland, a global provider of sustainable heating, cooling and refrigeration solutions, is proud to release its inaugural Global Impact Report, highlighting the company's commitment to environmental sustainability, social progress and operational excellence. Following its transition to a standalone company in May 2023, this report offers a comprehensive overview of Copeland's initiatives to improve its global impact while delivering innovative solutions to its customers. Copeland's steadfast commitment to sustainability, operational excellence and global responsibility is driven by the three core pillars of its Mission: Purpose, Performance and People. Through innovative approaches and a culture rooted in accountability and community impact, the company is helping address some of the world's most pressing climate and societal challenges. This report highlights Copeland's measurable progress and groundbreaking initiatives in advancing the energy transition, promoting the widespread adoption of low-GWP and natural refrigerants, and ensuring the efficient delivery of essential food and pharmaceutical products through a sustainable cold chain. Ross B. Shuster, CEO of Copeland, said, 'Our inaugural Global Impact Report represents an important moment in Copeland's history as a newly independent company with over 100 years of legacy. Sustainability is embedded across our vision, mission and values as we aim to contribute to helping solve global challenges including decarbonization, energy efficiency and resource waste. This report demonstrates how our technologies, innovations and our more than 18,000 colleagues around the world are working together to create sustainable solutions that improve lives and protect the planet, today and for future generations.' Key Highlights of Copeland's Global Impact Report: A Vision for a Sustainable World: Learn how Copeland's vision for a sustainable world includes advancing solutions that enable the adoption of climate-friendly refrigerants, significantly reduce carbon emissions and protect perishable goods such as food and medicine across the regions it serves. These efforts align with the company's mission to support the transition to a low-carbon economy, while improving essential services in commercial, industrial, refrigeration and residential markets worldwide. Learn how Copeland's vision for a sustainable world includes advancing solutions that enable the adoption of climate-friendly refrigerants, significantly reduce carbon emissions and protect perishable goods such as food and medicine across the regions it serves. These efforts align with the company's mission to support the transition to a low-carbon economy, while improving essential services in commercial, industrial, refrigeration and residential markets worldwide. Environmental and Operational Excellence: Demonstrating its commitment to environmental and operational excellence, Copeland actively applies robust business systems, governance and ethical frameworks to achieve measurable results. The company has set ambitious goals to achieve a 55% absolute reduction in Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by 2033. These targets reflect a steadfast pursuit of environmental responsibility and industry leadership. Demonstrating its commitment to environmental and operational excellence, Copeland actively applies robust business systems, governance and ethical frameworks to achieve measurable results. The company has set ambitious goals to achieve a 55% absolute reduction in Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by 2033. These targets reflect a steadfast pursuit of environmental responsibility and industry leadership. People, Safety and Culture: Gain insight into Copeland's culture of ownership, dedication to well-being and inclusion and the roll-out of programs that foster community impact and colleague engagement. Copeland extends its gratitude to its colleagues, customers and stakeholders for their contributions toward making these achievements possible. 'Through the collective efforts of our global team and our ongoing collaboration with partners and communities, we're driving meaningful impact while delivering value to our customers and investors,' added Shuster. The full Global Impact Report is available for download on Copeland's website. About Copeland Copeland is a global leader in sustainable heating, cooling, cold chain and industrial solutions. We help commercial, industrial, refrigeration and residential customers reduce their carbon emissions and improve energy efficiency. We address issues like climate change, growing populations, electricity demands and complex global supply chains with innovations that advance the energy transition, accelerate the adoption of climate friendly low GWP (Global Warming Potential) and natural refrigerants, and safeguard the world's most critical goods through an efficient and sustainable cold chain. We have over 18,000 employees, with feet on the ground in more than 40 countries – a global presence that makes it possible to serve customers wherever they are in the world and meet challenges with scale and speed. Our industry-leading brands and diversified portfolio deliver innovation and technology proven in over 200 million installations worldwide. Together, we create sustainable solutions that improve lives and protect the planet today and for future generations. For more information, visit View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
National Post
6 days ago
- Business
- National Post
Copeland Releases First Global Impact Report Showcasing Sustainability Leadership and Purpose-Driven Innovation
Article content ST. LOUIS — Copeland, a global provider of sustainable heating, cooling and refrigeration solutions, is proud to release its inaugural Global Impact Report, highlighting the company's commitment to environmental sustainability, social progress and operational excellence. Following its transition to a standalone company in May 2023, this report offers a comprehensive overview of Copeland's initiatives to improve its global impact while delivering innovative solutions to its customers. Article content Copeland's steadfast commitment to sustainability, operational excellence and global responsibility is driven by the three core pillars of its Mission: Purpose, Performance and People. Through innovative approaches and a culture rooted in accountability and community impact, the company is helping address some of the world's most pressing climate and societal challenges. Article content This report highlights Copeland's measurable progress and groundbreaking initiatives in advancing the energy transition, promoting the widespread adoption of low-GWP and natural refrigerants, and ensuring the efficient delivery of essential food and pharmaceutical products through a sustainable cold chain. Article content Ross B. Shuster, CEO of Copeland, said, 'Our inaugural Global Impact Report represents an important moment in Copeland's history as a newly independent company with over 100 years of legacy. Sustainability is embedded across our vision, mission and values as we aim to contribute to helping solve global challenges including decarbonization, energy efficiency and resource waste. This report demonstrates how our technologies, innovations and our more than 18,000 colleagues around the world are working together to create sustainable solutions that improve lives and protect the planet, today and for future generations.' Key Highlights of Copeland's Global Impact Report: Article content A Vision for a Sustainable World: Learn how Copeland's vision for a sustainable world includes advancing solutions that enable the adoption of climate-friendly refrigerants, significantly reduce carbon emissions and protect perishable goods such as food and medicine across the regions it serves. These efforts align with the company's mission to support the transition to a low-carbon economy, while improving essential services in commercial, industrial, refrigeration and residential markets worldwide. Environmental and Operational Excellence: Demonstrating its commitment to environmental and operational excellence, Copeland actively applies robust business systems, governance and ethical frameworks to achieve measurable results. The company has set ambitious goals to achieve a 55% absolute reduction in Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by 2033. These targets reflect a steadfast pursuit of environmental responsibility and industry leadership. People, Safety and Culture: Gain insight into Copeland's culture of ownership, dedication to well-being and inclusion and the roll-out of programs that foster community impact and colleague engagement. Article content Copeland extends its gratitude to its colleagues, customers and stakeholders for their contributions toward making these achievements possible. 'Through the collective efforts of our global team and our ongoing collaboration with partners and communities, we're driving meaningful impact while delivering value to our customers and investors,' added Shuster. Article content The full Global Impact Report is available for download on Copeland's website. Article content About Copeland Article content Copeland is a global leader in sustainable heating, cooling, cold chain and industrial solutions. We help commercial, industrial, refrigeration and residential customers reduce their carbon emissions and improve energy efficiency. We address issues like climate change, growing populations, electricity demands and complex global supply chains with innovations that advance the energy transition, accelerate the adoption of climate friendly low GWP (Global Warming Potential) and natural refrigerants, and safeguard the world's most critical goods through an efficient and sustainable cold chain. We have over 18,000 employees, with feet on the ground in more than 40 countries – a global presence that makes it possible to serve customers wherever they are in the world and meet challenges with scale and speed. Our industry-leading brands and diversified portfolio deliver innovation and technology proven in over 200 million installations worldwide. Together, we create sustainable solutions that improve lives and protect the planet today and for future generations. For more information, visit Article content Article content Article content Article content
The Advertiser
7 days ago
- Entertainment
- The Advertiser
Aussie acts find global listeners but AI worries linger
Australian music is finding its way into more corners of the world than ever before, data from music streaming titan Spotify shows. The company's latest Global Impact Report, launched in Sydney on Wednesday, highlights a 37 per cent rise in overseas streams of Aussie music since March 2021. While the US and UK remain the top destinations for overseas listening, local acts are finding new joy in different markets such as the Philippines and Brazil. Spotify says these emerging markets are characterised by young populations eager for new content, making them the perfect fit for ambitious Australian acts. "What matters to an artist is developing their international audience, because it's important for touring and it allows them to have a broader fan base," Spotify's global head of editorial Sulinna Ong said. Many artists have found it difficult to sustain themselves financially on streaming royalties alone since physical record sales have declined and touring has become a crucial part of their income. Ms Ong insisted Spotify still relied on human taste to curate its playlists, despite the rise of artificial intelligence to determine how people find new music. "We see AI as a tool alongside human creativity, but not a replacement," she said. "AI can't go to the club ... and understand cultural context." The report paints a rosy picture of how Aussie music travels beyond our shores, but research closer to home indicates many local artists struggle to break through domestically because of how AI emphasises certain acts. Music Australia research published in June found engagement with Australian music was declining across the general population and international artists were being prioritised by audiences over local talent. Ms Ong pushed back against the idea of quotas to promote domestic acts, saying it would limit the international appeal of an artist on their platform. "(Artists should) take advantage of the fact that the world is connected. You have an internet connection, you've got social media," she said. "The barrier to entry into a new market is as low as it has ever been." Australian music is finding its way into more corners of the world than ever before, data from music streaming titan Spotify shows. The company's latest Global Impact Report, launched in Sydney on Wednesday, highlights a 37 per cent rise in overseas streams of Aussie music since March 2021. While the US and UK remain the top destinations for overseas listening, local acts are finding new joy in different markets such as the Philippines and Brazil. Spotify says these emerging markets are characterised by young populations eager for new content, making them the perfect fit for ambitious Australian acts. "What matters to an artist is developing their international audience, because it's important for touring and it allows them to have a broader fan base," Spotify's global head of editorial Sulinna Ong said. Many artists have found it difficult to sustain themselves financially on streaming royalties alone since physical record sales have declined and touring has become a crucial part of their income. Ms Ong insisted Spotify still relied on human taste to curate its playlists, despite the rise of artificial intelligence to determine how people find new music. "We see AI as a tool alongside human creativity, but not a replacement," she said. "AI can't go to the club ... and understand cultural context." The report paints a rosy picture of how Aussie music travels beyond our shores, but research closer to home indicates many local artists struggle to break through domestically because of how AI emphasises certain acts. Music Australia research published in June found engagement with Australian music was declining across the general population and international artists were being prioritised by audiences over local talent. Ms Ong pushed back against the idea of quotas to promote domestic acts, saying it would limit the international appeal of an artist on their platform. "(Artists should) take advantage of the fact that the world is connected. You have an internet connection, you've got social media," she said. "The barrier to entry into a new market is as low as it has ever been." Australian music is finding its way into more corners of the world than ever before, data from music streaming titan Spotify shows. The company's latest Global Impact Report, launched in Sydney on Wednesday, highlights a 37 per cent rise in overseas streams of Aussie music since March 2021. While the US and UK remain the top destinations for overseas listening, local acts are finding new joy in different markets such as the Philippines and Brazil. Spotify says these emerging markets are characterised by young populations eager for new content, making them the perfect fit for ambitious Australian acts. "What matters to an artist is developing their international audience, because it's important for touring and it allows them to have a broader fan base," Spotify's global head of editorial Sulinna Ong said. Many artists have found it difficult to sustain themselves financially on streaming royalties alone since physical record sales have declined and touring has become a crucial part of their income. Ms Ong insisted Spotify still relied on human taste to curate its playlists, despite the rise of artificial intelligence to determine how people find new music. "We see AI as a tool alongside human creativity, but not a replacement," she said. "AI can't go to the club ... and understand cultural context." The report paints a rosy picture of how Aussie music travels beyond our shores, but research closer to home indicates many local artists struggle to break through domestically because of how AI emphasises certain acts. Music Australia research published in June found engagement with Australian music was declining across the general population and international artists were being prioritised by audiences over local talent. Ms Ong pushed back against the idea of quotas to promote domestic acts, saying it would limit the international appeal of an artist on their platform. "(Artists should) take advantage of the fact that the world is connected. You have an internet connection, you've got social media," she said. "The barrier to entry into a new market is as low as it has ever been." Australian music is finding its way into more corners of the world than ever before, data from music streaming titan Spotify shows. The company's latest Global Impact Report, launched in Sydney on Wednesday, highlights a 37 per cent rise in overseas streams of Aussie music since March 2021. While the US and UK remain the top destinations for overseas listening, local acts are finding new joy in different markets such as the Philippines and Brazil. Spotify says these emerging markets are characterised by young populations eager for new content, making them the perfect fit for ambitious Australian acts. "What matters to an artist is developing their international audience, because it's important for touring and it allows them to have a broader fan base," Spotify's global head of editorial Sulinna Ong said. Many artists have found it difficult to sustain themselves financially on streaming royalties alone since physical record sales have declined and touring has become a crucial part of their income. Ms Ong insisted Spotify still relied on human taste to curate its playlists, despite the rise of artificial intelligence to determine how people find new music. "We see AI as a tool alongside human creativity, but not a replacement," she said. "AI can't go to the club ... and understand cultural context." The report paints a rosy picture of how Aussie music travels beyond our shores, but research closer to home indicates many local artists struggle to break through domestically because of how AI emphasises certain acts. Music Australia research published in June found engagement with Australian music was declining across the general population and international artists were being prioritised by audiences over local talent. Ms Ong pushed back against the idea of quotas to promote domestic acts, saying it would limit the international appeal of an artist on their platform. "(Artists should) take advantage of the fact that the world is connected. You have an internet connection, you've got social media," she said. "The barrier to entry into a new market is as low as it has ever been."
Perth Now
7 days ago
- Entertainment
- Perth Now
Aussie acts find global listeners but AI worries linger
Australian music is finding its way into more corners of the world than ever before, data from music streaming titan Spotify shows. The company's latest Global Impact Report, launched in Sydney on Wednesday, highlights a 37 per cent rise in overseas streams of Aussie music since March 2021. While the US and UK remain the top destinations for overseas listening, local acts are finding new joy in different markets such as the Philippines and Brazil. Spotify says these emerging markets are characterised by young populations eager for new content, making them the perfect fit for ambitious Australian acts. "What matters to an artist is developing their international audience, because it's important for touring and it allows them to have a broader fan base," Spotify's global head of editorial Sulinna Ong said. Many artists have found it difficult to sustain themselves financially on streaming royalties alone since physical record sales have declined and touring has become a crucial part of their income. Ms Ong insisted Spotify still relied on human taste to curate its playlists, despite the rise of artificial intelligence to determine how people find new music. "We see AI as a tool alongside human creativity, but not a replacement," she said. "AI can't go to the club ... and understand cultural context." The report paints a rosy picture of how Aussie music travels beyond our shores, but research closer to home indicates many local artists struggle to break through domestically because of how AI emphasises certain acts. Music Australia research published in June found engagement with Australian music was declining across the general population and international artists were being prioritised by audiences over local talent. Ms Ong pushed back against the idea of quotas to promote domestic acts, saying it would limit the international appeal of an artist on their platform. "(Artists should) take advantage of the fact that the world is connected. You have an internet connection, you've got social media," she said. "The barrier to entry into a new market is as low as it has ever been."
Sydney Morning Herald
08-07-2025
- Entertainment
- Sydney Morning Herald
How the Philippines helps make or break Aussie pop stars overseas
When an Australian pop song gains traction in the Philippines, Sulinna Ong knows she's onto a winner. 'I pay attention because it's generally an indication it will go wider,' says Ong, an Australian who rose through the ranks of streaming giant Spotify to become its global head of editorial. 'If it's pop and it's doing well in the Philippines, it usually spreads and grows from there.' Larissa Lambert's Cardio is a good example: that track was embraced in the Philippines before it took off in the US and UK, while artists such as Grentperez and Keenan Te have also enjoyed massive success in that country. Indeed, Aussie acts racked up more than 140 million streams in the Philippines in March alone, making it the fastest-growing market for our homegrown pop. This is one of the insights from Spotify's inaugural Global Impact Report, which documents the booming popularity of Australian music overseas. In the four years to March 2025, the total number of streams by local artists in international markets grew by 37 per cent, placing Australia among Spotify's top 10 global music exporters. Leading the list of most-played songs by Australian musicians – including those featuring a local guest artist – are I Know Love by Tate McRae and The Kid Laroi; Beautiful People by David Guetta and Sia; and Dreamin by Daya and Dom Dolla. Other prominent Australians to make the cut include Troye Sivan, Dean Lewis and Kylie Minogue. 'Australia's geographic isolation used to be seen as a disadvantage,' Ong says. 'But I actually think it's an advantage now because it's allowed a younger generation of artists – who feel connected through social media and technology – to want to replicate not just what they're seeing in the US and UK, but the many different cultures and artists from around the world. The quality of Australian music is of an international standard, and that's why it's resonating with audiences everywhere.' The dominance of pop music in the Philippines – where artists such as Minogue, Guy Sebastian and Missy Higgins each have loyal followings – helps explain that country's influence on the global music scene. It's a similar story in Brazil, where dance music is enormously popular: in March, Brazilians streamed Australian songs more than 200 million times. While Germany and Canada also account for a high proportion of Australian music streams, the UK and US remain the biggest markets thanks to their large, English-speaking populations. But the picture is more complex than it was a decade ago. 'In 2014, the import-export channels were largely the US and UK,' Ong says. 'Now, it looks more like those airline route maps, where you see all the lines going back and forth between the different countries. The fact that Australian artists are being listened to in markets they wouldn't have traditionally reached, especially non-Anglo markets, is really due to the 'no borders' streaming policy at Spotify.' Of course, this policy also means Australians can consume as much international music as they wish. According to a report by research company Luminate, local acts comprise just 9.2 per cent of streamed music in Australia – while in India and Japan, 70 per cent of streams come from their own artists. And the proportion of Australian and New Zealand acts in the ARIA top 100 chart has fallen from 16 per cent between 2000 and 2016 to just 2.5 per cent in 2023. It's an issue that various ministers and music bodies have debated, with some questioning whether streamers should be required to feature Australian acts more prominently on their platforms. 'There are consequences that need to be thought through,' Ong says. 'If every country adopts a cap [on the promotion of foreign artists in order to boost local performers], it will have an impact on international growth. Australia has a small population, so there's a ceiling there. What we're hearing from artists is that being able to have an international audience and a touring career outside of Australia is very important to them.' Given the decline in sales of physical music formats, which has reduced the income of many artists, should Spotify increase its royalty payments? Loading 'I was there when peer-to-peer file sharing [became popular two decades ago] and I saw the decline of recorded music,' Ong says. 'That has been completely reversed by streaming, and the royalty payouts have never been higher … we paid US$10 billion to rights-holders in 2024 and US$5 billion of that went to independent artists and labels. But there is a misconception about the payouts – because we pay directly to rights-holders, we don't have control over how a major label or publisher decides to split that money with their artists.' Born in the UK to a Persian mother and Chinese father, Ong and her family spent time in Iran before fleeing the 1978-79 revolution. Eventually, they settled in Australia, where Ong studied music at Western Sydney University. 'I had two passions as a child: music and technology,' she says. 'I was told I'd have to focus on one or the other, but I didn't really buy that. I always felt they'd converge at some point.' Each day, Ong – who has a team of 130 music editors reporting to her – makes a point of switching off her phone's notifications, lying on the floor and listening to music for at least three hours. It's a process she believes is essential to help discover and promote new artists, despite Spotify's use of artificial intelligence to recommend songs to its users. 'When you've got AI and machine learning, human taste is even more important,' she says. 'AI is very good at scraping data and finding patterns, but what if there's no data, like when you have a brand-new artist? That's why we've never had a reduction in the size of our editorial team.' Could Spotify do more to promote Australian music? 'As an industry, we have to do more across the board,' Ong says. 'It's concerning that smaller venues are disappearing because they're important for artists to get a foothold and hone their craft. If you look at markets like Korea, where they're strong not just in music but in TV and film, their government invested in a 20-year strategy because they believed that with the right support, their entertainment could be commercially viable and internationally successful – and they were right.'
