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Chemicals Industry Trends July 2024
Atradius· 2024-07-31 00:13
Investment Rating - The chemical industry is rated with an uneven long-term outlook, with a forecasted production increase of more than 3% in 2024 and 2025, driven by a rebound in the US and Western Europe [2][4]. Core Insights - The chemical industry faced significant challenges due to the energy crisis in 2022 and 2023, resulting in a global output growth slowdown to 0.7% in 2022 and 1.2% in 2023, primarily sustained by increases in the Asia Pacific region [2][4]. - The US and Western Europe are expected to experience a recovery in 2024, supported by lower energy prices and recovering demand from key buyer sectors [2][4]. - Asia Pacific remains the main driver of chemicals growth, followed by the US, while Europe faces competitive disadvantages due to higher energy prices [2][4]. Summary by Region Americas - The US chemical production contracted by 0.6% in 2023 but is expected to rebound with growth of more than 3% annually in 2024 and 2025, supported by government policies and stable shale gas prices [20]. - Brazil's chemical output is forecasted to decline by 0.3% in 2024, while Canada and Mexico are also expected to see modest growth in the coming years [20]. Asia Pacific - China's chemical production growth is expected to slow to 4.7% in 2024 and 3.1% in 2025, while India's output is forecasted to increase by 4.1% in 2024 and 6.5% in 2025, driven by robust domestic demand [22]. - Japan's chemical output is projected to decrease by 0.9% in 2024, reflecting challenges in the construction-related sector [22]. Europe - The Eurozone's chemical production is expected to grow by 4.1% in 2024 after a significant contraction in previous years, driven by lower energy prices and rising demand from key industries [23]. - Germany, as the largest chemical producer in Europe, is forecasted to see a rebound of 7.7% in 2024, although long-term competitiveness remains a concern due to higher energy costs [23].
FIFA Match Agents
FIFA· 2024-07-27 01:47
Match Agents | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------|------------------------------|----------------------------------------------|----------------|--------------|-------------------------|-------------------------------------------------|-------------------------------|-------------------|--------------------|----------------------------------|----------------------| | Association | Confederation Count Name | ...
Understanding Contrail Management: Opportunities, Challenges, and Insights
RMI· 2024-07-27 00:17
Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The climate impact of contrails is significant but solvable, with targeted solutions available for contrail-induced warming [17][18] - Collaboration among stakeholders in the aviation sector is essential to advance understanding and management of contrail impacts [7][21] - The report emphasizes the need for parallel efforts in reducing both CO₂ emissions and non-CO₂ effects, including contrails [53][26] Section A: The Fundamentals - Contrails are line-shaped clouds formed by aircraft in cold and humid air, which can significantly warm the climate by creating artificial cirrus clouds that trap outgoing heat [22][59] - The aviation industry is responsible for about 2% of global CO₂ emissions and aims for net-zero emissions by 2050, with contrail management being a critical component of this strategy [54][57] - Existing models for predicting contrail formation are being developed, but there is significant uncertainty due to a lack of accurate humidity data at cruising altitudes [19][29] Section B: The Present - Ongoing flight trials are crucial for understanding the operational implications of contrail avoidance and improving prediction models [19][36] - The report discusses the importance of metrics in decision-making for contrail avoidance, highlighting the need for a consistent climate equivalency metric [33][34] - Monitoring, reporting, and verification (MRV) frameworks are essential for quantifying the climate impact of contrails and ensuring compliance with climate goals [37][38] Section C: The Future - Scaling up contrail avoidance presents challenges for airspace management, including potential reductions in airspace capacity and increased complexity for air traffic controllers [39][40] - The costs associated with contrail avoidance include operational expenditures and capital expenditures for equipping aircraft with necessary sensors [42][43] - The report suggests that contrail avoidance may be a cost-effective strategy for mitigating aviation's climate impact when compared to the social cost of carbon [44]
Crowdfunding for Climate Tech Startups
RMI· 2024-07-26 00:17
MARMI HIRD A | DERIVATIVE Crowdfunding for Climate Tech Startups A Global Analysis and the Opportunity Ahead Report / July 2024 Authors and Acknowledgments Authors Pilar Carvajo Lucena Weiting Li Emma Loewen Cheryl Webster Authors listed alphabetically. All authors from RMI unless otherwise noted. Contacts Emma Loewen, eloewen@third-derivative.org Pilar Carvajo Lucena, pcarvajolucena@third-derivative.org Copyrights and Citation Emma Loewen, Weiting Li, Cheryl Webster, and Pilar Carvajo Lucena, Crowdfunding ...
Alcoholic Drinks 2024
Brand Finance· 2024-07-25 00:47
Investment Rating - The report does not explicitly provide an investment rating for the alcoholic drinks industry, but highlights significant brand value growth and market dynamics that may influence investment decisions. Core Insights - The alcoholic drinks industry is experiencing notable brand value increases, with Corona Extra reclaiming its title as the most valuable beer brand globally, achieving a 40% increase in brand value to USD10.4 billion [21][29] - Moutai and Wuliangye continue to dominate the spirits sector, maintaining their positions as the top two most valuable spirits brands, with Moutai valued at USD50.1 billion and Wuliangye at USD25.9 billion [30][31] - Sustainability perceptions are becoming increasingly important, with Corona Extra having the highest Sustainability Perceptions Value in the beer sector at USD889 million, while Moutai leads the spirits sector with a value of USD5.9 billion [27][45] Summary by Sections Ranking Analysis - Corona Extra is the fastest-growing beer brand, with a 40% increase in brand value, followed by Heineken and Budweiser [21][22] - Tsingtao is recognized as the strongest beer brand, achieving a BSI score of 87.0 out of 100 [24] - In the spirits category, Moutai and Wuliangye hold AAA+ brand strength ratings, with Moutai's brand value increasing by 1% [31][35] Beers 50 - The top three most valuable beer brands are Corona Extra (USD10.4 billion), Heineken (USD9 billion), and Budweiser (USD7.4 billion) [29] - Significant growth is noted for Estrella Damm and Tiger, with brand values increasing by 37% and 30%, respectively [25][26] Spirits 50 - Moutai leads the spirits market with a brand value of USD50.1 billion, followed by Wuliangye at USD25.9 billion and Luzhou Laojiao at USD8.2 billion [30][31] - Jim Beam shows the largest percentage growth in brand value, increasing by 83% to USD539 million [37] Sustainability Insights - Sustainability is a key driver of brand consideration, accounting for 8.5% in the beer sector and 10.7% in the spirits sector [27][45] - The report emphasizes the financial value associated with sustainability perceptions, highlighting the importance of brand reputation in this area [28][46]
México 50 2024
Brand Finance· 2024-07-24 00:42
Brand Finance ® V éxico 50 2024 2 L Análisis de las marcas mexicanas más valiosas, fuertes y con mayor valor de percepción de sostenibilidad Junio 2024 Índice de Contenidos | --- | |------------------------------------------------------------| | Sobre Brand Finance | | Prólogo | | David Haigh, Presidente y CEO, Brand Finance | | Prólogo | | Laurence Newell, Managing Director, Brand Finance Americas | | Resumen Ejecutivo | | Análisis del Valor de Marca | | | Índice Global de Poder Blando Metodología Nuestros ...
The Battery Mineral Loop
RMI· 2024-07-24 00:17
Investment Rating - The report does not explicitly provide an investment rating for the battery minerals industry Core Insights - Battery minerals are projected to peak in demand within a decade due to advancements in efficiency, innovation, and circularity, potentially allowing for a transition to a circular economy by 2050 [6][7] - Six solutions are identified to mitigate the need for mineral mining, including new battery chemistries, energy density improvements, recycling, extending battery lifetimes, vehicle efficiency enhancements, and improved mobility efficiency [6][23] - The report emphasizes that the transition from a linear extraction model to a circular loop will yield significant benefits for climate, security, health, and wealth [6][8] Summary by Sections 1. The Battery Mineral Challenge - The battery demand has been growing at an annual rate of 33% for the past three decades, with total battery sales expected to reach 5.5–8 TWh by 2030 and 12 TWh by 2050 [19][21] - The report highlights that batteries will drive 97% of the increase in lithium demand, 78% for nickel, and 80% for cobalt [16][17] 2. Continuing the Current Trend - Continuing current trends will lead to peak virgin battery mineral demand in the mid-2030s, with net demand for lithium, nickel, and cobalt expected to peak at different times: lithium in 2038, nickel in 2034, and cobalt in 2028 [7][49] - The report indicates that the demand for lithium in 2030 could be reduced by about 25%, nickel by 40%, and cobalt by 75% compared to a scenario without solutions [49] 3. Accelerating the Trend - An accelerated trend could lead to net-zero battery mineral demand by 2050, with significant reductions in peak demand for lithium and nickel [55][71] - The report suggests that with the implementation of all six solutions, the peak lithium demand could be reduced by 46% and nickel demand by 31% [71] 4. Implications of Meeting the Battery Mineral Challenge - Successfully addressing the battery mineral challenge will transform mining into a one-time effort, with an estimated need to mine approximately 125 million tons of minerals to achieve circular self-sufficiency [78] - The total value of these minerals is estimated at around $1,080 billion at current prices, averaging about $50 billion per year through the mid-2040s [79]
FIFA regulatory framework for the protection of female players and coaches
FIFA· 2024-07-20 01:47
Regulatory Framework Overview - The FIFA regulatory framework focuses on strengthening protections for female players and coaches, particularly regarding maternity, adoption, and family leave [1][3][4] - Amendments to the FIFA Regulations on the Status and Transfer of Players (RSTP) were approved to provide minimum conditions for pregnancy and maternity protections [4] - The framework extends maternity protections to female coaches and supports family connections during international duty [5] Leave Entitlements - Female players and coaches are entitled to maternity leave of 14 weeks, with at least 8 weeks post-birth [7] - Adoption leave varies: 8 weeks for children under 2, 4 weeks for children aged 2-4, and 2 weeks for children over 4 [8] - Non-biological mothers are entitled to 8 weeks of paid absence, to be taken within 6 months of the child's birth [8] - Family leave cannot be taken concurrently with adoption leave for the same child [8] Contractual Stability and Fair Treatment - Contracts remain valid regardless of pregnancy, maternity leave, or adoption leave [7] - Termination of a contract due to pregnancy or related leave is presumed unjust, leading to compensation, sporting sanctions, and potential fines [8] - Players and coaches are entitled to two-thirds of their contracted salary during leave [7] Special Protections and Rights - Players can choose to continue playing or training during pregnancy, with club support [11] - Clubs must offer alternative work if a player feels unsafe to play or train [11] - Medical leave is available for health-related reasons, supported by a valid medical certificate [11] - Players and coaches can decide when to start and return from leave, with full salary upon return [12] Breastfeeding and Menstrual Health - Players and coaches are allowed to breastfeed or express milk as required, with clubs providing suitable facilities [14][15] - Menstrual health-related absences are approved with full pay guaranteed [19] Registration and Replacement Rules - Clubs can register a female player outside the registration period to replace a player on maternity, adoption, or family leave [17] - Players returning from leave can also be registered outside standard registration periods [18] National Implementation - The RSTP sets minimum standards that must be followed at the national level [20] - Member associations can implement stronger protections through their own regulations or collective bargaining agreements (CBAs) [20] - If national laws provide better protections than the FIFA framework, those laws take precedence [20] Support for National Team Players - Member associations are encouraged to provide family-friendly environments during final competitions, including accommodations, breastfeeding facilities, and childcare services [19]
2024 State of the VITA Technology Industry - Spring Edition
VITA· 2024-07-18 02:52
2024 State of the VITA Technology Industry CRITICAL EMBEDDED SYSTEMS TM July 2024 www.VITA.com Disclaimer: The views expressed here are solely those of the author in his private capacity and do not in any way represent the views of VITA. State of the VITA Technology Industry July 2024 by: Ray Alderman, Chairman of the Board, VITA This report provides the reader with updates on the state of the VITA Technology industry in particular and of the board and system industry in general, from the perspective of Ray ...
Hays Asia Salary Guide 2017 EN
瀚纳仕· 2024-07-17 01:55
Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The 2017 Hays Asia Salary Guide indicates that Asia is taking a leading role in driving globalization, with significant economic impacts from redeveloped trade relationships [4] - Employers are expected to adapt quickly to emerging economic conditions, focusing on attracting quality hires and retaining top talent [5] - Skill shortages are a major concern, with 96% of employers reporting difficulties in recruiting skilled labor [8] - The salary forecast for 2017 remains similar to the previous year, with most employers planning modest salary increases [10] Market Overview & Trends - 61% of employers expect overall business activity to increase in 2017, despite economic concerns at the country level [8] - 51% of employers anticipate their local economy to remain static, while 33% expect it to weaken [8] - Gender diversity in management roles has improved slightly, with women holding an average of 31% of such positions [9] - 42% of employers plan to increase permanent staffing, while 47% intend to maintain current headcount [9] Salary Policy - The majority of employers increased salaries by only 3% to 6% during their last review, with 38% planning similar increases in the next review [10] - China leads in salary increases, with 56% of employers planning raises of more than 6%, while Japan has a high percentage of employers planning minimal increases [10] Recruitment Trends - The report highlights a reliance on temporary staffing, with 21% of employers expecting to increase temporary staffing [9] - 85% of employers provide additional benefits beyond salary, with health and medical benefits being the most common [12] - 34% of candidates are actively looking for new jobs, with many willing to relocate for better opportunities [12] Candidate Trends - Candidates are increasingly prioritizing salary increases, with 61% looking for higher pay compared to 48% the previous year [13] - 65% of candidates did not request a salary increase last year, indicating a potential disconnect between employer and employee expectations [13] - The lack of career progression is a significant motivator for job hunting, with 47% of candidates citing it as a key reason for seeking new opportunities [12] Sector-Specific Insights - In the Accountancy & Finance sector, there is a growing demand for CFOs with IPO experience in China, as many companies seek to raise capital [60] - The construction industry in China is expected to grow due to government infrastructure projects, creating ongoing recruitment needs [147] - The life sciences sector is seeing increased hiring activity, particularly for medical affairs professionals and product managers [267] Salary Information - The report provides detailed salary ranges for various roles across different countries, indicating significant variations based on location and industry [58][71][76][248]