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Australian companies must prioritise sustainability amid U.S. climate dropout

Australian companies urged to maintain sustainability goals amid U.S. withdrawal from Paris Agreement, emphasizing long-term business viability.

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Australian companies urged to maintain sustainability goals amid U.S. withdrawal from Paris Agreement.

The recent withdrawal of the United States from the Paris Climate Agreement has led some global companies to pause renewable projects, creating uncertainty for Australian businesses regarding their emissions reduction plans.

Lisa Zembrodt, Principal and Senior Director of Sustainability Business at Schneider Electric, emphasises that businesses can outlast government changes, making it critical for corporate leaders to understand and mitigate climate-related risks.

Investments in energy efficiency and renewable generation can lead to significant cost savings and improved resilience of power supplies.

Furthermore, stakeholders and investors increasingly expect progress in sustainability efforts, impacting companies’ abilities to raise capital.

The introduction of mandatory climate-related financial risk disclosures in Australia will empower stakeholders to make informed decisions based on companies’ climate impacts.

Schneider Electric is committed to its sustainability goals aligned with the Paris Agreement and the United Nations Sustainable Development Goals.

The company has been recognised for its leadership in sustainability and was named the World’s Most Sustainable Company by Time Magazine in 2024.

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Escape Room industry still booming despite challenging market conditions

Escape This raises over $1 million in just 72 hours, highlighting growing investor interest in immersive entertainment experiences

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Escape This raises over $1 million in just 72 hours, highlighting growing investor interest in immersive entertainment experiences.

In Short:
Escape This raised over $1 million in crowdfunding in 72 hours due to investor interest in innovative entertainment.
– The startup plans to enhance workplace relationships through shared problem-solving experiences across diverse groups.

Escape This, an immersive entertainment startup, has rapidly raised over $1 million in equity crowdfunding within 72 hours, despite challenging market conditions.

Bernie Janes, founder & CEO of Escape This, joins to discuss why his company’s engaging experiences in live entertainment are appealing to investors and thrill seekers alike.Banner

The startup combines theatre, cinema special effects, and escape room design to create a unique environment. Participants engage in immersive adventures, solving problems as part of a narrative, rather than simply deciphering puzzles in a confined space.

Corporate Engagement

Escape This is also launching a programme aimed at enhancing workplace relationships across generations. The initiative places diverse groups in shared problem-solving scenarios, allowing them to appreciate different approaches to challenges.

The positive feedback from corporate clients suggests this method significantly improves understanding and collaboration among team members.

Future plans include expanding to more Australian cities, including Melbourne and Brisbane. For further details, visit the official website at escapethis.com.au.


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Limoncello spritz boom transforms Australian liquor market

Australia embraces Limoncello spritz trend as Ambra Spirits reports 123% growth in the last year

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Australia embraces Limoncello spritz trend as Ambra Spirits reports 123% growth in the last year.

In Short:
– Limoncello Spritz is gaining popularity in Australia, with Ambra Spirits seeing a 123% business increase.
– Ambra plans to expand internationally through crowdfunding and enhance local customer engagement with new features.

The Australian liquor industry is currently experiencing a surge in popularity for Limoncello Spritz. This trend has led to significant growth, with Ambra Spirits Distillery reporting a remarkable 123% increase in business over the past year.

Finn Healey, Co-Owner & Managing Director of Ambra Spirits, joined Ticker to discuss how Australia’s first Limoncello producer has expanded its distribution. The Limoncello Spritz is seen as a smoother alternative to the traditional Aperol Spritz, appealing to those seeking less bitterness.

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Global Expansion

In light of this growth, Ambra Spirits is launching an equity crowdfunding campaign to expand operations and reach international markets. The funds will support initiatives such as increased production capacity and establishing a more extensive national distribution network. The distillery also plans to enhance customer engagement at its venue by adding new features like a rooftop space and a pizza oven, anticipating increased demand from local residents. Interested consumers can learn more by visiting the Ambra Spirits website.
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AI-ready private clouds optimise costs and enhance control

AI-ready private clouds essential for organisations’ AI scalability, balancing control, performance, and cost efficiency in evolving tech landscape

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AI-ready private clouds essential for organisations’ AI scalability, balancing control, performance, and cost efficiency in evolving tech landscape

In Short:
– Organisations recognise the need for an AI-ready private cloud for efficient AI scaling and cost control.
– Data sovereignty and compliance are key concerns, leading firms to prefer local data management.

Today, organisations are increasingly recognising the importance of an AI-ready private cloud for scaling AI while ensuring control, performance, and transparency.

David Leen, head of Product Cloud at Interactive, remarked that while many companies have begun using AI, most are still experimenting with it. As they move from experimentation to production, costs often rise sharply.

Cost management is crucial, as the public cloud can be significantly more expensive compared to private cloud solutions.

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Data Sovereignty

Moreover, data sovereignty, privacy, and compliance are pressing concerns. Leen explained that organisations often prefer their data stored and managed by local entities to mitigate risks. The increasing demands for power and cooling solutions in data centres necessitate partnerships with major providers for optimal performance and efficiency.


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