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IDC researchers predicted that by 2024, to improve long-term supplychain profitability, 70% of manufacturers in global supplychains will invest in software tools supporting sustainability and a circular economy business model. CO2 is the new currency for resilient, sustainable supplychains,” said Kaufmann.
DUBAI, United Arab Emirates, & PARIS & NEW YORK, January 11, 2024 /3BL/ - Expo City Dubai, the legacy site of Expo 2020 Dubai and the venue of the recent COP28 climate summit, has partnered with EcoVadis to assess and improve the sustainability performance of its supplychain.
Some envisaged applications in the production process include reducing virgin polymers and boosting material and supplychain efficiency. Downstream uses such as waste sorting, material recovery, quality control, identifying waste flow trends, and predictive analytics would also be made possible.
From this new foundation, we have now established or updated a range of new 2024 goals around our key ESG focus areas. Governance - 2024 goals. Launched Gracenote Inclusion Analytics , a unique analytics tool that matches a cohesive view of on-screen diversity with viewership data. Human Capital - 2024 goal.
Besides ensuring that commodities are deforestation-free and legally produced, the regulation also demands robust traceability throughout the supplychain. Traceability is seen as a central tool in the search for sustainability and ethical sourcing seeking to connect the producer with the consumer.
March 28, 2024 /3BL/ - For the fourth year in a row, and fifth time overall, Koch Industries (“Koch”) was recognized as an Environmental Protection Agency (EPA) 2024 ENERGY STAR® Partner of the Year for Energy Management, as well as its third consecutive year in the Sustained Excellence category. WICHITA, Kan.,
In March 2024, GR3N successfully demonstrated MADE and the power of Schneider Electric’s open automation technology, EcoStruxure Automation Expert at its demonstration site in Italy. New opportunities – OT/IT integration provides new opportunities for efficiency and optimization across the whole value chain.
SAN FRANCISCO, AMSTERDAM and HONG KONG, February 14, 2024 /3BL/ - The Sustainable Apparel Coalition (SAC) will host its first Manufacturer Forum of 2024 on March 6 in Dhaka, Bangladesh; the event will be held alongside the Sustainable Apparel Forum , which will be hosted by the Bangladesh Apparel Exchange on March 5.
Feature by Gordon Donovan The 2024 Economist Impact report highlights the strategic importance of procurement in managing risk and driving sustainability. Comparatively, in 2023, 62% of business leaders expressed assurance in procurement’s handling of these factors, like supplier shortages, market fluctuations, and supplychain disruptions.
October 25, 2024 /3BL/ - Today Bath & Body Works announces its inclusion on Forbes’ Best Customer Service list. In partnership with data analytics company HundredX, Forbes conducted a 12-month survey of 181,000 people in the United States. Powered by agility and innovation, the company’s predominantly U.S.-based
February 26, 2024 /3BL/ - Webinars, podcasts, and on-demand events with Environment+Energy Leader are designed to equip environmental professionals, business leaders, EHS managers, and sustainability directors with the latest insights and tools in sustainability and energy management. Podcast Website On-Demand Webinars Missed a live event?
November 6, 2024 /3BL/ - We are pleased to announce that Inogen Alliance will have a presence at COP29 in Baku, Azerbaijan, marking the second time we will have a global delegation involved in COP with seven Associate companies. Sharaf Asgarova (Renewables Expert) Moderated by: Ms.
Rueil-Malmaison (France), February 15, 2024 /3BL/ - Schneider Electric , the leader in the digital transformation of energy management and automation, announced today its 2023 sustainability impact performance as part of its full-year financial results. Great strides have also been made in transforming Schneider Electric’s supplychain.
Nielsen’s 2022 ESG report includes highlights from the last year, new 2024 goals, and refreshed lens on ESG issues as a media-focused company. In a year of evolution and change, Nielsen reviewed its existing ESG focus areas and updated or established a range of new goals to be achieved by 2024. SOURCE: Nielsen.
September 13, 2024 /3BL/ - Global nonprofit alliance Cascale, formerly the Sustainable Apparel Coalition, centered their recent Annual Meeting in Munich on a call to action: Attendees must become bold advocates for change within their organizations and throughout the industry. AMSTERDAM, HONG KONG, and OAKLAND, Calif.,
This month, TCS and partner, global analytics software leader FICO, are calling on students aged 6-17 to answer that call through the goIT Monthly Challenge for September, Thriving Cities. The submission deadline is September 30, 2024. We appreciate FICO’s partnership on this important program.” “At
Bureau of Labor Statistics reporting nearly 450,000 job openings in transportation and warehousing as of June 2024, one of the highest vacancy rates across industries. The logistics sector has a persistent worker shortage, with the U.S. With 75% of companies investing in digital tools such as AI, IoT, and blockchain.
Cascale (formerly the Sustainable Apparel Coalition) hosted its first Manufacturer Forum of 2024 — and first under the new name — on March 6 in Dhaka, Bangladesh. Hans Docter, special representative for due diligence innovation at Fair Wear; Jayanth Kashyap B.,
The model combines companies’ activities, supplychain exposure and regional footprint with the shifting demand for products and commodities projected under different climate scenarios. By the end of September 2024, TRACT will also incorporate the NGFS scenarios.
According to the Global Circularity Gap report 2024 , while material consumption kept increasing, the share of secondary materials used worldwide decreased significantly from 9.1% A sea of unrealized opportunities Every year, vast amounts of waste wash up on coastlines, a heavy burden for our planet, and a symbol of unrealized efficiencies.
These industries were chosen because they represent a significant share of global emissions , and they’re essential to many supplychains. Timeline CBAM is being rolled out in phases, with 2024 marking a critical transition period.
SiliconANGLE, Data mesh meets AI: Harman DTS and QlikTech join forces for next-level analytics HARMAN Digital Transformation Solutions partnered with QlikTech to help customers streamline, modernize and simplify operations through next-level data and analytics solutions.
Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said. Read the full story at ESG Dive.
The global AI market exceeded $184 billion in 2024, according to Statista, AI market size worldwide from 2020-2030". Regardless of your industry, location, organization size or structure, AI is going to be part of your business for the foreseeable future. However, there is no AI guidebook. There is no universal app that you can download.
Ian Spaulding, CEO of LRQA, says digital tools and analytics can play a major role in improving investor oversight of ESG risks. Last year we saw evidence that human rights and child labour issues are impacting supplychains operating in the US and Europe, as well as those based in developing nations.
FRANKFURT, Germany, September 11, 2024 /3BL/ - LyondellBasell (LYB) is investing in a new closed-loop preparation center in Lich, Germany. This new recycling center brings the collective expertise of a service provider, a university supporting the process and analytics used and the dedicated team at LYB.
CSDDD will also require companies to collect data from organizations within their supplychains, which could be shared with investors in future. The 2024 edition of the benchmark found that 88% of institutional investors were more likely to invest in companies that integrate financial and ESG data and obtain assurance of ESG data.
According to pitch participants ESG Investor s 2024 Nature Data event, adoption of the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) and compliance with the EUs Corporate Sustainability Reporting Directive (CSRD) will fuel appetite among investors.
The CSRD, now in its first year of active reporting, requires large public-interest entities to submit inaugural disclosures for 2024. Yet many organisations continue to struggle with data granularity and complexity – particularly in the context of Scope 3 emissions, which encompass indirect emissions across supplychains.
For the study, IBM’s State of Sustainability Readiness Report 2024, IBM commissioned a survey by Morning Consult of nearly 2,800 business leaders, including Vice Presidents, Directors, and C-suite executives, across 15 industries and 9 countries.
Building Intelligence Company Infogrid Acquires ESG Analytics Provider Aquicore. SupplyChain Visibility Platform project44 Raises $80 Million to Build Scope 3 Measurement System. trillion in listed debt exposed to environmental risk, and more. Guest Post: Private Companies are Facing a New Era of Climate Transparency.
The key technological trends that we see affecting the security sector in 2024 reflect this rapidly evolving environment. Virtually any new network camera being launched features deep learning capabilities, which vastly improve the accuracy of analytics. Visibility and greater control across the supplychain is essential.
But supplychain problems slowed production at its Chinese plant last year, and in February EM recalled all 429 of its Chinese Solos for “unexpected loss of propulsion.” EcoSynthetix recently received a platinum designation from ratings agency EcoVadis for its contribution to the sustainability of global supplychains.
Better risk-based analytics such as the database on climate patterns and risk matrixes maintained by the insurance industry (especially in Europe) include empirical evidence on risks regarding water, the environment and now conflict and famine. More empirical evidence and quantitative data should become part of the debate.
This week marked Earth Day 2024 , and as we navigate an increasingly data-driven landscape and harness the burgeoning power of artificial intelligence, there are few justifications for organisations to not manage and report their environmental, social and governance (ESG) data with enhanced efficiency and transparency.
At the British Water Micropollutants Conference 2024, which took place in London on 8 February, keynote speakers from the UK’s Environment Agency called for a cross-industry approach to tackling the issue.
CSDDD will also require companies to collect data from organisations within their supplychains, which could be shared with investors in future. The 2024 edition of the benchmark found that 88% of institutional investors were more likely to invest in companies that integrate financial and ESG data and obtain assurance of ESG data.
Roughly 72% are willing to pay a premium for ESG products and 72% of European asset managers are open to halting all non-ESG product launches by the end of 2024, PwC said. Through the partnership, Scope will use Sentifi’s analytics within its ESG sentiment review process, with Sentifi becoming Scope’s exclusive provider of ESG analytics.
These products are connected through the supplychain,” explained Homanen. The supplychain angle is important, as finally we have a full satellite image of a company,” he said. However, the plans are to make its entire fund coverage available during Q3 2024, i.e. including them in open access solutions.
for recycled material – a 146% premium, according to data from Chemical Market Analytics. Consequently, it enjoys an unfair discount in the market, with a pound of virgin high-density polyethylene (HDPE) costing 54 cents versus US$1.33
GRI 12 will come into effect for reporting from January 2024. . ESG and corporate governance research, ratings and analytics firm Sustainalytics ? Diginex , a SaaS-based sustainability solutions provider, has partnered with Reckitt and Coca-Cola to launch a tool to improve human rights due diligence along the corporate supplychain.
During his speech, Sunak said that “at least for now, it should be the consumer that makes that choice, not government forcing you”. The announcement by the PM was criticised by investors, other politicians and carmakers.
German sportswear company adidas committed to using only recycled polyester across its supplychain by 2024. And pressing companies to eliminate deforestation in their supplychains has long been an activist focus. Now, companies themselves are seeing the business benefits of proactive forestry policies.
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