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1 in 3 pets are homeless according to new global report – research shines a light on challenges facing pets today
- New research shows the global scale of pet homelessness estimating there are almost 362 million homeless cats and dogs across 20 countries studied.
- Project launched by global coalition of leading animal welfare experts in partnership with Mars, with the shared ambition to end pet homelessness.
- Mars Petcare Global President Loïc Moutault says that while pets are more popular than ever, there are a huge number of companion animals in need of care.
MCLEAN, Va., Jan. 23, 2024 /PRNewswire/ — Today, a global coalition of animal welfare experts in partnership with Mars, released the results from the largest ever international study into pet homelessness. ‘The State of Pet Homelessness Project’ set out to understand the scale of pet homelessness and factors that contribute to pets being on the streets or in shelters, shining a light on the needs of a huge hidden population of pets today.
The ambition of the project is to drive more informed and targeted action to help reduce homelessness and ensure pets get the care they need. The findings from the countries revealed a stark picture that almost 35% of cats and dogs are either living on the streets or currently in a shelter waiting to find a home. Across the 20 markets there are:
- 143 million dogs living on the street and 12 million dogs in shelters,
- 203 million cats living on the street and 4 million cats in shelters.
Jeffrey Flocken, President, Humane Society International said: “Dog and cat homelessness is a hugely complex issue, this new data will help animal welfare organizations, policymakers, pet professionals, academics and researchers to better understand the scale and factors influencing the issue, which can in turn support the most impactful interventions.”
The ‘State of Pet Homelessness Project’ used data from over 900 global and local sources, along with almost 30,000 public surveys and 200 expert interviews to build a picture of pet homelessness across: Australia, Brazil, Canada, China, France, Germany, Greece, India, Indonesia, Japan, Lithuania, Mexico, New Zealand, The Philippines, Poland, South Africa, Turkey, Thailand, the USA, and the UK.
While each country has different challenges, the data also reveals several common themes across the twenty countries:
- Pet–friendly housing limitations: Almost 1 in 5 people that are considering giving up their cat or dog in the near future say it’s because they are moving home and cannot take their pet with them. And almost half of those who have rehomed a pet in the past did so for that reason.
- Pet ownership challenges: Globally around 15% of pet owners are considering giving up their pet in the next 12 months.
- A number of factors contribute, with personal health and fitness challenges to still be able to care for a pet being the number one reason globally, housing related factors coming second, and time pressure to be able to look after a pet being the third most common reason. Other factors like behaviour, family allergies and cost also appear in the data.
- Stemming homeless population increase:
- A surprising number of people lose their pet, and often don’t get reunited. Almost half of people surveyed said they had lost a pet in the past, and of those almost 60% were never found by their owners.
- Globally, pet owners report that only ~50% of owned dogs and ~60% of cats are sterilized, meaning the remainder, if allowed to reproduce unchecked, can result in unplanned litters, exacerbating the problem.
Loïc Moutault, Global President Mars Petcare said: “We know that pets bring enormous benefit to our lives, we want to help ensure all pets get the care they need. For every two dogs or cats that are part of a family or community in the countries surveyed, there is another that is not so fortunate. That is not the world we want for pets, and we hope this data will help drive targeted interventions to give more pets the life they deserve.
Big and small actions can make a difference, from considering adopting a pet, to changes that mean more rental accommodation allows pets helping to keep pets and pet owners together. We are setting out to support 30million vulnerable pets over the next five years and hope this data will allow us – and others – to make interventions that make a big difference.”
Working alongside Mars on this global data initiative is an advisory panel of leading animal welfare experts from organizations, including: Humane Society International, Alliance for Contraception in Cats & Dogs, International Partnership for Dogs and the International Companion Animal Management Coalition.
To mark the release of this data, Mars has made a $500,000 donation to Humane Society International to fund projects in India, South Africa and Mexico to make interventions informed by the data. These programs will deliver reproduction control, training and care for thousands of animals. This builds on a significant history of work by Mars and its partners supporting almost 10 million vulnerable pets across the world over the last three years. Including donating more than 100 million meals to vulnerable pets, steralizing over 30 thousand free-roaming animals and providing over 100,000 pets with comprehensive preventive care, including wellness checks, preventive medicine and vaccinations.
To find out more about the State of Pet Homelessness Project and to go deeper in to the data visit: www.stateofpethomelessness.com
About the State of Pet Homelessness Project
The ‘State of Pet Homelessness Project’ reviewed data from over 900 global and local sources, along with 30,000 public surveys and 200 expert interviews: to shine a light on the needs of pets in the Australia, Brazil, Canada, China, France, Germany, Greece, India, Indonesia, Japan, Lithuania, Mexico, New Zealand, The Philippines, Poland, South Africa, Turkey, Thailand, the USA, and the UK. It follows on from a pilot research study carried out in 2021 that looked at nine countries.
Data collection was carried out by specialist research agencies, Kantar and Euromonitor International. Data collection and analysis took from late 2022 and the first half of 2023.
Global Advisory Panel: The State of Pet Homelessness Project Advisory Panel is made up of Mars partners, and leaders in the animal welfare and pet care industry, including: Jeffrey Flocken (President, Humane Society International), Joyce Briggs (Senior Advisor and former President, Alliance for Contraception in Cats & Dogs), Andrew Rowan (President, WellBeing International), Marc Ralsky (CEO, International Partnership for Dogs), Vicky Halls (Head of Unowned Cats, International Cat Care), Brenda N. Bonnett (former CEO, International Partnership for Dogs), Claire Bessant (former Chief Executive, International Cat Care), Elly Hiby (Director, The International Companion Animal Management (ICAM) Coalition), Ellen Jefferson (President and CEO, Austin and American Pets Alive!), Kim Van Syoc (Executive Director, Banfield Foundation and VCA Charities)
About Mars, Incorporated
Mars, Incorporated is driven by the belief that the world we want tomorrow starts with how we do business today. As a global, family-owned business, Mars is transforming, innovating, and evolving to make a positive impact on the world. Across our diverse and expanding portfolio of quality snacking, food, and pet care products and services, we employ 140,000+ dedicated Associates. With more than $47 billion in annual sales, we produce some of the world’s best-loved brands including Ben’s Original™, CESAR®, Cocoavia®, DOVE®, EXTRA®, KIND®, M&M’s®, SNICKERS®, PEDIGREE®, ROYAL CANIN®, and WHISKAS®. We are creating A Better World for Pets through our global network of pet hospitals and diagnostic services – including AniCura, BANFIELD™, BLUEPEARL™, Linnaeus and VCA™ – using cutting edge technology to develop breakthrough programs in genetic health screening and DNA testing.
For more information about Mars, please visit www.mars.com
View original content:https://www.prnewswire.co.uk/news-releases/1-in-3-pets-are-homeless-according-to-new-global-report–research-shines-a-light-on-challenges-facing-pets-today-302040975.html
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Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore
SINGAPORE, Nov. 23, 2024 /PRNewswire/ — The thriving India–Singapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.
Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.
Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”
The event brought together a distinguished array of participants, highlighting the transformative potential of India–Singapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.
Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.
The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.
For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.
Photo: https://mma.prnewswire.com/media/2565374/Synapse_2024.jpg
Logo: https://mma.prnewswire.com/media/2565373/Nucleus_Software_Logo.jpg
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OTTAWA, ON, Nov. 22, 2024 /PRNewswire/ — The Royal Canadian Mint (the “Mint”) announces its financial results for the third quarter of 2024 that provide insight into its activities, the markets influencing its businesses and its expectations for the next 12 months.
“As the markets continue to change, the Mint is proving its ability to seize on new opportunities thanks to its diversified structure and flexible business strategy” said Marie Lemay, President and CEO of the Royal Canadian Mint.
The financial results should be read in conjunction with the Mint’s annual report available at www.mint.ca . All monetary amounts are expressed in Canadian dollars, unless otherwise indicated.
Financial and Operational Highlights
- The financial results for the third quarter of 2024 were ahead of target and higher than 2023 levels. Higher gold market pricing and foreign circulation volumes combined with lower fixed costs were the main drivers for the quarter over quarter increase. These increases were partially offset by lower than expected bullion volumes from the continued soft demand in the global bullion market. The Mint expects to meet its financial goals for 2024, as set out in its 2024-2028 Corporate Plan, the Mint’s Leadership team continues to actively monitor its status.
- Consolidated revenue decreased to $252.7 million in 2024 (2023 – $360.6 million).
Revenue from the Precious Metals business decreased to $217.6 million in 2024
(2023 – $328.4 million):- Gold bullion volumes decreased 38% quarter over quarter to 106.1 thousand ounces (2023 – 170.1 thousand ounces) while silver bullion volumes decreased 20% to 2.7 million ounces (2023 – 3.4 million ounces).
- Gold and silver market prices increased quarter over quarter by 27% and 23%, respectively.
- Sales of numismatic products decreased 12% quarter over quarter mainly due to the high demand in 2023 for the Queen Elizabeth II’s Reign products.
- Revenue from the Circulation business increased to $35.1 million in 2024
(2023 – $32.2 million):- Revenue from the Foreign Circulation business increased 77% quarter over quarter, a reflection of higher volumes produced and shipped in 2024 as compared to 2023.
- Revenue from Canadian coin circulation products and services decreased 12% quarter over quarter as fewer coins were required to replenish inventories, combined with lower program fees in accordance with the memorandum of understanding with the Department of Finance.
- Overall, operating expenses decreased 27% quarter over quarter to $28.3 million (2023 – $36.0 million) mainly due to planned reductions in consulting and workforce expenses.
Consolidated results and financial performance
(in millions)
|
13 weeks ended |
39 weeks ended |
|||||||||||
|
Change |
Change |
|||||||||||
|
September |
September |
$ |
% |
September |
September 30, 2023 |
$ |
% |
|||||
|
Revenue |
$ |
252.7 |
$ 360.6 |
(107.9) |
(30) |
$ 861.2 |
$ 1,841.8 |
(980.6) |
(53) |
|||
|
Profit (loss) for the period |
$ |
5.7 |
$ (5.8) |
11.5 |
(198) |
$ 24.1 |
$ 15.0 |
9.1 |
61 |
|||
|
Profit (loss) before |
$ |
1.4 |
$ (8.7) |
10.1 |
(116) |
$ 12.3 |
$ 23.4 |
(11.1) |
(47) |
|||
|
Profit (loss) before |
0.6 % |
(2.4) % |
1.4 % |
1.3 % |
||||||||
|
(1) Profit (loss) before income tax and other items is a non-GAAP financial measure. A reconciliation from profit for the period to profit before income tax and other items is included on page 13 of the Mint’s 2024 Third Quarter Report. |
|
(2) Profit (loss) before income tax and other items margin is a non-GAAP financial measure and its calculation is based on profit before income tax and other items. |
|
As at |
||||||||||
|
September 28, 2024 |
December 31, 2023 |
$ Change |
% Change |
|||||||
|
Cash |
$ |
58.4 |
$ |
59.8 |
(1.4) |
(2) |
||||
|
Inventories |
$ |
71.5 |
$ |
68.8 |
2.7 |
4 |
||||
|
Capital assets |
$ |
174.2 |
$ |
173.0 |
1.2 |
1 |
||||
|
Total assets |
$ |
376.8 |
$ |
380.4 |
(3.6) |
(1) |
||||
|
Working capital |
$ |
99.2 |
$ |
97.8 |
1.4 |
1 |
||||
As part of its enterprise risk management program, the Mint continues to actively monitor its global supply chain and logistics networks in support of its continued operations. Despite its best efforts, the Mint expects changes in the macro-economic environment and other external events around the globe to continue to impact its performance in 2024. The Mint continues to mitigate potential risks as they arise through its enterprise risk management process.
To read more of the Mint’s Third Quarter Report for 2024, please visit www.mint.ca.
About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada’s circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada’s prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations.
For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on LinkedIn, Facebook and Instagram.
FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES
This Earnings Release contains non-GAAP financial measures that are clearly denoted where presented. Non-GAAP financial measures are not standardized under International Financial Reporting Standards (IFRS) and might not be comparable to similar financial measures disclosed by other corporations reporting under IFRS.
This Earnings Release contains forward-looking statements that reflect management’s expectations regarding the Mint’s objectives, plans, strategies, future growth, results of operations, performance, and business prospects and opportunities. Forward-looking statements are typically identified by words or phrases such as “plans”, “anticipates”, “expects”, “believes”, “estimates”, “intends”, and other similar expressions. These forward-looking statements are not facts, but only estimates regarding expected growth, results of operations, performance, business prospects and opportunities (assumptions). While management considers these assumptions to be reasonable based on available information, they may prove to be incorrect. These estimates of future results are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what the Mint expects. These risks, uncertainties and other factors include, but are not limited to, those risks and uncertainties set forth in the Risks to Performance section of the Management Discussion and Analysis in the Mint’s 2023 annual report, as well as in Note 9 – Financial Instruments and Financial Risk Management to the Mint’s Audited Consolidated Financial Statements for the year ended December 31, 2023. The forward-looking statements included in this Earnings Release are made only as of November 20, 2024 and the Mint does not undertake to publicly update these statements to reflect new information, future events or changes in circumstances or for any other reason after this date.
For more information, please contact: Alex Reeves, Senior Manager, Public Affairs, Tel: (613) 884-6370, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/royal-canadian-mint-reports-profits-and-performance-for-q3-2024-302314428.html
Fintech PR
OIVE and ViniPortugal celebrate closing of joint campaign that reached 100 million consumers
MADRID and PORTO, Portugal, Nov. 22, 2024 /PRNewswire/ — For three years, A Shared Passion showed European consumers the quality and unparalleled versatility of Iberian wines. The program reached over 100 million consumers with advertising in airports, train stations, press trips, digital content, and other actions with opinion leaders.
The wine interprofessionals of Spain (OIVE) and Portugal (ViniPortugal) celebrated the closing of their ambitious joint campaign A Shared Passion with flagship events in Madrid and Porto. The closing event in Spain took place in Madrid’s iconic Calle Alcalá, while in Portugal, the World of Wine (WOW) in Porto was the perfect setting to present the achievements of the international collaboration. Both ceremonies were very well received by the press and the wine sector, highlighting the impact of the promotional actions that reached more than 79.2 million travelers in key transport infrastructures.
The campaign included 22 study trips, taking 150 specialized journalists to explore the world of wine in both countries and generating publications that reached nearly 15 million European consumers.
On social media, the A Shared Passion profile on Instagram exceeded 15,000 followers, consolidating its presence in the digital sphere. In addition, exclusive activities such as workshops and VIP dinners contributed significantly to this initiative’s global impact.
The final events were honored by the presence of opinion leaders, such as Masters of Wine Pedro Ballesteros and Dirceu Vianna Júnior, who moderated round tables with the presidents of OIVE, Fernando Ezquerro, and ViniPortugal, Frederico Falcão. The conference concluded with masterclasses that highlighted Spain and Portugal’s extraordinary oenological diversity, reinforcing the relevance of the sector in the economic, social, and environmental sustainability of both countries.
With funding from the European Union, A Shared Passion highlighted not only the quality and authenticity of Iberian wines but also their strategic role in the sustainable development of numerous municipalities. This initiative underlines the passion with which Spanish and Portuguese wines are made, reflecting their rich traditions and commitment to the future.
For more information: www.asharedpassion.com
Video: https://mma.prnewswire.com/media/2565600/ViniPortugal_and_OIVE.mp4
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