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Canada Strengthens Global Cooperation on Energy and Climate at 2024 IEA Ministerial

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PARIS, Feb. 14, 2024 /CNW/ – This week, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, joined his international counterparts as the Vice-Chair of the 2024 International Energy Agency’s (IEA) Ministerial to strengthen international collaboration on global energy security and the transition to net zero by 2050.

The IEA is the leading global intergovernmental organization that provides independent analysis, data and policy recommendations on the global energy sector. As a founding member of the IEA, Canada was pleased to mark the organization’s 50th anniversary, to take stock of existing progress and to help set the strategic direction of the IEA moving forward.

While at the IEA, Minister Wilkinson advanced the following priorities on behalf of the Government of Canada, all of which were reflected in the final IEA Ministerial Communique:

1.  To accelerate the development and adoption of the technologies needed to achieve clean affordable, secure and reliable energy systems in Canada and abroad, including by:

Highlighting Canadian leadership at the IEA’s first Energy Innovation Forum, where leaders from industry, think-tanks and member countries discussed the importance of supporting emerging clean technologies and scaling them to adoption.Recognizing the important role that the nuclear sector is playing in the global energy transition and welcoming the IEA’s Communique, which, for the first time in history, recognizes nuclear as a reliable source of energy.Signing an agreement between Canada the U.K. to work together on nuclear fusion. The U.K. is one of Canada’s strongest bilateral partners in nuclear energy and one of the global leaders in fusion research and development, and Canada and the U.K. have complementary capabilities in fusion energy.Announcing support to secure and increase the resiliency of Ukraine’s power system by helping Ukraine’s allies and partners support power system reconstruction and investment, and the development of a power system security model that will support Ukraine’s energy plan.

2.  To urge an inclusive, people-centred approach to the global energy transition, an area where Canada is a global leader, including by:

Leading a high-level dialogue, Building a Prosperous & Inclusive Economy for the Future, to discuss ongoing efforts to ensure the benefits of a clean economy are broadly felt by all — including through Canada’s Sustainable Jobs interim Action Plan and proposed legislation, and Canada’s new Indigenous Loan Guarantee Program that will advance Indigenous leadership in the clean economy as equity partners.Inviting representatives from the First Nations Major Projects Coalition, Chief Shalene Gale and Niilo Edwards, to participate in the Government of Canada’s official delegation to the IEA Ministerial and supporting the participation of Indigenous Peoples in energy policymaking and projects.Welcoming new signatories to the Clean Energy Ministerial’s Equal by 30 Campaign, led by the Government of Canada, which works to accelerate gender equality and diversity in clean energy transitions and close the gender gap by 2030. The campaign now includes all G7 countries and over 200 signatories from industry, governments and non-profit organizations. In advance of the visit, the EU Commission became the latest signatory to the campaign.

3.  To draw in private sector capital and investment in Canada that supports the global transition to net-zero emissions, including by:

Promoting Canadian businesses abroad and attracting investment in Canada with a strong delegation of leading industry and clean tech companies including EverWind, NanoOne, Cameco from the offshore wind, clean tech and nuclear sectors in Canada.Implementing the Canada–US Memorandum of Understanding on Energy Cooperation, signed in June 2021, on sustainable and equitable energy transitions, clean energy innovation, connectivity and low-carbon transportation. During their bilateral meeting at this IEA Ministerial, Secretary Granholm and Minister Wilkinson agreed to deepen collaboration in the areas of critical minerals and nuclear supply chains.Continuing work under the Canada–France Bilateral Dialogue on Critical Minerals, signed in September 2023, which deepens Canada–France cooperation on critical minerals by working to secure critical minerals supplies, promote investment, collaborate in industrial and academic research and development, and promote global ESG standards.Championing the Sustainable Critical Minerals Alliance, which was established at the Biodiversity COP15 along with the U.S., U.K., France, Japan, Germany and Australia, to drive global uptake of environmentally sustainable and socially inclusive and responsible mining, processing and recycling practices and responsible critical minerals supply chains.

Canada is pleased to support the international energy and climate cooperation, research and programs of the IEA under the leadership of Dr. Faith Birol. The Government of Canada will continue to work actively and collaboratively with our international partners to promote energy security and energy affordability and accelerate the global energy transition to net zero no later than 2050.

Quote

“In a rapidly changing energy landscape where the challenges of climate change and energy security reach beyond national borders, international collaboration is paramount. Canada is committed to addressing the dual challenges of decarbonization and energy security, showcasing leadership in building an inclusive net-zero emissions economy and actively promoting the clean energy transition globally. We are seizing the economic opportunities associated with a global shift to net zero and taking action on our commitment to a sustainable, net-zero future and working with like-minded partners to ensure Canadians feel the benefits of the energy transition.”

The Honourable Jonathan Wilkinson 
Minister of Energy and Natural Resources

Quick Facts

Canada is one of the founding members of the IEA and has played a significant leadership role at the IEA over the past two years. In addition to serving as the Vice-Chair of the 2024 Ministerial — the first time in recent history — Canada has held active leadership roles in the IEA’s Committee on Clean Energy Research and Technology, Critical Minerals Working Party and Task Force on Gas and Clean Fuels Market Monitoring and Supply Security.As of February 5, 2024, Canada has surpassed China and taken the top spot in BloombergNEF’s Global Lithium-Ion Battery Supply Chain ranking — an annual assessment that rates 30 countries on their potential to build a secure, reliable, and sustainable lithium-ion battery supply chain. Canada’s top position was “propelled by policy commitment at both the provincial and federal level,” according to BNEF.Canada is a global leader in clean technology and is punching well above its weight. As home to 13 companies on the 2024 Global Clean Tech 100 List — the highest of any country after the U.S. — Canada, with only 0.5% of the world’s population, represents 13% of leading clean tech companies globally.In June 2023, Minister Wilkinson introduced the Canadian Sustainable Jobs Act. The bill, which is the first of its kind in the world, puts workers and communities at the centre of federal policy and decision making by establishing a framework for accountability, structured governance and engagement mechanisms to guide effective federal action.On October 2021, the IEA released a report calling on countries and companies to commit to reducing methane emissions from fossil fuel operations by 75% below 2012 levels by 2030. Canada was the first major oil and gas producing nation to commit to this goal and is in the process of both finalizing regulations to achieve it and a Methane Centre of Excellence to ensure methane emissions are rigorously monitored and measured.

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Orion Innovation Names Brian Bronson Chief Executive Officer

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November 15, 2024

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Technology Industry Executive and Leader to Drive Next Phase of Company Growth

EDISON, N.J., Nov. 15, 2024 /PRNewswire/ — Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the appointment of Brian Bronson as Chief Executive Officer, effective immediately. With over 25 years of leadership experience across global technology sectors, Bronson will lead Orion’s next phase of growth and transformation, focusing on expanding the company’s digital capabilities and market presence. Brian succeeds Raj Patil, who will transition to an advisory role with the company and One Equity Partners.

“Brian’s impressive track record of driving profitable growth and leading large-scale organizational transformation makes him the ideal leader for Orion’s next chapter,” said Carlo Padovano, Partner at One Equity Partners and Lead Director of Orion Innovation. “His deep expertise in product engineering, GenAI adoption, and digital transformation perfectly aligns with our vision for Orion’s future.

On behalf of the Orion Board, I’d like to thank Raj for his leadership and dedication in helping develop Orion into a market leader. Raj will transition to an advisory role with the company and One Equity Partners.”

“I’m honored to take on this role and excited about the tremendous opportunities ahead for Orion,” said Bronson. “The company has built an impressive foundation with a blue-chip roster of clients, a global delivery platform, and a talented team with deep domain and engineering expertise. I look forward to working closely with our employees, clients, and partners as we deliver transformative solutions to our clients, drive innovation, and scale our capabilities.”

Before joining Orion, Brian served as EVP of US Telecom, Media, and Entertainment at Capgemini. Additionally, he led the integration and execution of Capgemini’s global engineering services business across the Americas and Asia. This included driving growth in many industries leveraging innovative capabilities tied to 5G, connectivity, and software product engineering. Previously, as President & CEO of Radisys, a leading provider of open telecom solutions, he led the company’s strategic transformation from a hardware company to a provider of cutting-edge software and enabling technologies for the telecom, technology, and medical industries. This transformation culminated in the sale of Radisys to Reliance Industries in 2018, marking a successful exit for the company.

About Orion Innovation

Orion Innovation (“Orion”) is a leading digital transformation and product development services firm. Rooted in engineering and design thinking, along with a unique combination of agility, scale, and maturity, its team of approximately 6,400 associates helps Fortune 1000 companies improve efficiencies, enhance customer experiences, and develop new digital offerings. Through its delivery centers in North America, EMEA, India and Latin America, Orion serves clients across Telecom, Media & Technology, Sports & Entertainment, Professional Services, Financial Services, and Healthcare industries. For more information, visit www.orioninc.com. 

About One Equity Partners

One Equity Partners (“OEP”) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 400 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit www.oneequity.com.

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Morrison Securities launches one of Australia’s first plug-and-play global trading to 15 countries with ViewTrade

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November 15, 2024

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SYDNEY, Nov. 15, 2024 /PRNewswire/ — Equities clearing business Morrison Securities (“Morrison”) is launching one of Australia’s first plug-and-play global trading to 15 countries with trading technology provider ViewTrade.

This will mean Morrison’s 38,000+ active clients trading $30 billion annually will only need to go through KYC once and then will be provided unprecedented rapid global trading access.

Morrison will now also offer enhanced global equity and options trading, fixed income, ETFs, seamlessly integrate domestic and global trading, and choice between fully disclosed or omnibus operating models.

ViewTrade has calculated that implementation of solutions like this across all of Australia’s global trading could generate efficiencies of nearly $240 million annually.

A business the size of Morisson launching this solution is a watershed moment for enhancing global opportunities for Australia’s wealth management sector, according to ViewTrade.

Nigel Singh, CEO of ViewTrade International Australia, said: “We are excited to work with Morrison Securities. Together, we are unlocking a world of investment opportunities for Australians. By accessing global markets, firms can offer their clients more diversified portfolios, reducing risk and protecting wealth. This benefits both domestic and international clients. We invite other firms to join us in this partnership and unlock the potential of global market access.”

William Slack, CEO of Morrison Securities, said: “We’ve designed a solution that integrates global market access into our domestic offering for a superior customer experience. With our combined expertise, we’re confident in delivering an efficient, scalable solution tailored to the specific needs of our clients.”

Laksh Gangwani, Chief Revenue Officer – APAC and Middle East at ViewTrade, added: “We are thrilled about the partnership with Morrison Securities as they launch one of Australia’s first plug-and-play global trading solutions to 15 countries. Morrison’s integrated approach to technology, compliance, and operations is enabling investors to complete KYC once, while accessing multiple markets and asset classes with ease. This will ensure Australian investors can build diversified international portfolios with ease.”

ViewTrade (www.viewtrade.com) is a global leader in investment and trading infrastructure solutions that power cross-border investing for financial services firms throughout the world. ViewTrade provides the technology, support, and brokerage services that business innovators need to launch or enhance retail investing experiences. For more than 20 years, ViewTrade has partnered with over 300 clients – from technology startups to large banks, brokers and advisors – to deliver innovative investment solutions and exceptional customer service.

Morrison Securities (https://www.morrisonsecurities.com/) Established in 1985, Morrison Securities is an Australian Broking firm specialising in trading, execution, and clearing services tailored to advisory firms and wholesale clients. They partner with firms to navigate operational challenges and help them realise their full potential. Their comprehensive suite of solutions covers seamless international market access, advanced equities and options trading, capital raising and DVP settlement services, integrated APIs, and stock lending. With a platform-agnostic approach and enterprise-level client service, they prioritise operational excellence and long-term partnerships.

 

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SOURCE ViewTrade

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Australia’s least-favourite chores just got easier with Roborock’s Black Friday & Cyber Monday deals

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November 15, 2024

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SYDNEY, Nov. 15, 2024 /PRNewswire/ — Roborock, the global best-selling robot vacuum brand[i], is thrilled to announce its exclusive deals for Black Friday and Cyber Monday 2024.

Starting from 21 November to 4 December 2024, Roborock is offering significant discounts on a wide range of popular models, with savings of up to $700 – including popular models such as the S8 MaxV Ultra, Qrevo MaxV, Q8 Max+, Qrevo Master, Qrevo S, and Flexi Pro.

In a recent survey conducted across Australia, Roborock found that 27% of Australians would happily skip cleaning their floors forever, with many Aussies also admitting to neglecting high-maintenance tasks such as vacuuming, mopping, and appliance cleaning. With these cleaning challenges in mind, Roborock is offering unbeatable savings on popular models across Black Friday and Cyber Monday, with savings of up to $700.

The deals are available at Robrock Australia’s Official Online Store, Roborock’s Amazon storefront and all authorised retailers.

 Black Friday & Cyber Monday Deals

S8 MaxV Ultra – (SAVE $700) – MSRP $2,999 / Promo: $2,299The S8 MaxV Ultra is the company’s most powerful one-stop cleaning solution, combining the company’s most sophisticated deep cleaning technology with user-friendly features. The model introduces a unique robotic arm and an extra mop that efficiently cleans challenging areas with complete corner cleaning capabilities. Newly launched.Qrevo Master – (SAVE $700) – MSRP $2,699 / Promo: $1,999Newly launched and the most advanced model in the mid-range Qrevo series, the Qrevo Master is built for those who seek top-of-the-line cleaning technology at a mid-range price point. With high-powered suction, deep corner cleaning capabilities, and complete self-maintenance features, it’s designed to tackle the toughest cleaning challenges effortlessly.

Qrevo MaxV – (SAVE $700) – MSRP $2,199 / Promo: $1,499Offers users a complete hands-free floor cleaning experience at the mid-range price point, taking both vacuuming and mopping off your plate while combining powerful cleaning functions, self-maintenance capabilities, and intelligent features such – as pet recognition from flagship models – into one convenient cleaning package.

Qrevo S – (SAVE $400) – MSRP $1,499 / Promo: $1,099Newly launched, the Qrevo S is ideal for those looking for their first robot vacuum that excels at both vacuuming and mopping with self-maintenance features. It blends cleaning performance with a streamlined design for everyday cleaning.

Q8 Max+ – (SAVE $500) – MSRP $1,299 / Promo: $799The Q8 Max+ delivers high-performance cleaning with enhanced navigation and automatic dirt disposal. It’s equipped with powerful suction and a flagship roller brush system making it perfect for homes with mainly hard floors, ensuring a deep and thorough clean.

Flexi Pro – (SAVE $300) – MSRP $999 / Promo: $699 (Available starting 14th November)The Flexi Pro is a versatile handheld vacuum option designed for deep floor cleaning and tight spaces. Capable of handling both wet and dry messes, and the ability to clean itself after every clean-up, the Flexi Pro tackles all types of messes with ease.

According to Roborock’s recent survey, garages are the dirtiest spaces in Australian homes, with 46% of respondents admitting they need more attention. Other problem areas include bathrooms (41%), kitchens (38%), and even kids’ playrooms (32%). Given the demands of busy lives, it’s easy to see why some chores fall through the cracks.

With these exclusive Black Friday and Cyber Monday offers, Roborock makes it easier than ever for Aussies to maintain a clean and comfortable home – without the hassle. Whether it’s tackling neglected garages, high-traffic kitchens, or hard-to-reach corners in the bathroom, Roborock’s innovative products are ready to take on the task.

For more information on Roborock products, please visit https://au.roborock.com  

-ENDS-

Notes to Editors: 

The Roborock survey was conducted by TGM Research and involved 1,028 nationally representative respondents across Australia. The survey aimed to understand the cleaning habits, preferences, and challenges faced by Australians ahead of the launch of Roborock’s Qrevo Master, Qrevo S and H5. 

About Roborock     

Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. With a steadfast dedication to becoming a global leading smart appliance player, Roborock enriches liveswith its innovative line of robotic, cordless, wet/dry vacuum cleaners, and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs in over 15 million homes across 170+ countries.  Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. For more information, visit https://au.roborock.com/.    

[i] [1] The data comes from Euromonitor International (Shanghai) Co., Ltd. The sales figures of robotic vacuum cleaners worldwide in the first three quarters of 2023 (in RMB hundred million) were used for calculation. Roborock ranks first in the industry. Robotic vacuum cleaner refers to vacuum cleaners that automatically move around rooms using sensors to clean floors. The research was completed in February 2024.

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SOURCE Roborock

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