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Along the way, I’ve spoken with airline consultants, fuel producers, carbonoffset experts and industry critics, as well as with Shell executives, to understand the technologies and market drivers that could, over time, enable aviation to align with other industries in meeting the terms of the 2015 Paris climate agreement.
According to BeZero, in 2022, when it first launched its ratings platform, there was no correlation between the climate impact of a carbon project and the price of a carbon credit, while there is now an average 40% price premium commanded for every incremental BeZero Carbon Rating notch on the platforms 8-point rating scale.
Prior to joining TMX, Hall led the North American carbon and environmental commodities trading business at Capital Power. Before joining State Street, she worked at Trucost as Manager, ESG Analytics and Product Development. The company also announced that it has appointed Bridget Realmuto to lead ESG Strategy efforts.
The company ha also offset emissions from its operations each year since 2020, using carbon credits from projects related to renewable energy development, First Nations savanna burning activities and restoring biodiversity, and certifying its carbonoffsetting status via the Climate Active program.
Predictive analytics can forecast weather patterns to optimize the use of these resources. For example, AI-powered sensors and data analytics can monitor machinery performance, detect maintenance needs before they become critical, and reduce energy consumption during peak operational times. Do the Benefits Outweigh the Costs?
APX provides technology and services for environmental commodity and power markets, with solutions spanning transaction management, registries, scheduling, settlements, demand-side management, asset control, analytics, operations, exchanges, clearing, and brokerage.
The acquisition comes as demand for carbonoffset projects and related credits is expected to increase significantly over the next several years, as companies and businesses increasingly launch net zero ambitions, and turn to offsets as a bridge to their own absolute emissions reduction efforts, or to balance difficult to avoid emissions.
Quality of data — from inside and outside a company’s core operations — is also critical when moving toward embedding artificial intelligence (AI) across business processes and analytics. Make Carbon Audit-Ready To reach net-zero targets, most companies must consider carbonoffsets as part of their decarbonization journey.
How can building data analytics help? As Irish and UK leadership teams know the pace of carbon reduction needs to increase, they are implementing multifaceted programs which include improving operational efficiency through data analytics. This is an expensive, time-consuming process and unfortunately, there is no alternative.
This is especially important as carbon credits expand into new and diverse formats, such as how they are created, what they represent, how they gain value, and other differentiated attributes. Blockchain analytics is another bright spot. Similarly, an organization can also tokenize their carbonoffsets data providing transparency.
Fifth Third has been carbon neutral for these emissions since 2020 with the purchase of 100% renewable power and verified carbonoffsets for the remaining emissions. Faillo began his career at Fifth Third in 2015 and most recently served in Investor Relations as the director of ESG reporting and analytics.
Fifth Third has been carbon neutral for these emissions since 2020 with the purchase of 100% renewable power and verified carbonoffsets for the remaining emissions. Faillo began his career at Fifth Third in 2015 and most recently served in Investor Relations as the director of ESG reporting and analytics.
Our commitment goes beyond achieving net-zero emissions; it’s about leveraging our AI and analytics expertise to empower organizations in understanding and mitigating their environmental impact. We wanted to achieve carbon neutral status for our Scope 1, Scope 2, and Scope 3 business travel, and could only achieve that using offsets.
As a major source of carbon emissions, the commercial aerospace sector can make an enormous impact through operational improvements, sustainable aviation fuel (SAF), new propulsion technologies (such as electric and hydrogen) and global market-based measures like carbonoffsets.
Greyparrot.ai , a London-based AI waste analytics platform, has raised US$11 million in a Series A funding round intended to address the lack of data in the waste industry by increasing recycling rates and introducing accountability to the waste value chain. UK-based AI-driven carbon market intelligence firm Viridios.ai
Data, analytics and index provider MSCI has unveiled Total Portfolio Footprinting, designed to help financial institutions measure carbon emissions across their lending and investment portfolios as part of the transition to a net-zero economy. CME Group has traded 135 million carbonoffsets since launch. ” .
The carbon market provides a clear example of this where we have seen overwhelming demand for voluntary carbonoffsets. As a result, offsets are often misused, misreported, and undervalued. Safer analytics for social policies. It’s predicted to rise from $1bn in 2021 to a colossal $50bn by 2030.
The end-to-end solution provides portfolio level analytics with full transparency to underlying holdings’ ESG, impact, and UN SDG performance. Carbon credits rating provider Sylvera has added carbon credit pricing from Xpansiv Market CBL , the spot exchange for carbonoffsets, to its carbon intelligence platform.
The Taskforce on Scaling Voluntary Carbon Markets has predicted carbon credit demand will increase by a factor of 15 by 2030 and by a factor of 100 by 2050. BloombergNEF’s recent carbonoffsets outlook report noted that the market could be worth US$1.1
This project will gather data that will help BeZero develop near-real time monitoring tools for global fire emergencies that can help assess carbon losses. Earlier this year, carbon credit ratings and analytics provider Sylvera raised US$57 million in a Series B funding round to scale its carbon intelligence platform in the US.
As a major source of carbon emissions, the commercial aerospace sector can make an enormous impact through operational improvements, sustainable aviation fuel (SAF), new propulsion technologies (such as electric and hydrogen) and global market-based measures like carbonoffsets. SAF is beneficial but has its challenges.
This article offers a few thoughts from Dr Richard George, Chief Data Scientist at Faethm AI , a software-as-a-service analytics firm with a focus on technology and skills. Carbon capture is becoming big business. And what kinds of skills will meeting this challenge require? We all know why. The race for our planet is on.
The power of standardized, comparable social impact data gives rise to a whole new level of S analytics that is more incisive, precise and relevant. MW Bundled Rice Husk Based Cogeneration Plant in India is measured against the same outcome of VCUs as the Afognak Forest CarbonOffset Project in Alaska. Quantification.
A chemist with a knack for analytics, Brewer has spoken of bringing her head and her heart to leadership. Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbonoffsets.
While agroforestry is seen as having significant potential for the carbonoffset market, its variability makes it a more complicated agricultural investment. With software analytics, Propagate predicts long-term cost-to-revenue and yields, key information for both farmers and possible private investors.
All this will require making capital and assistance available to growers around the world, including the data and analytics that increasingly are core to 21st-century farming. The Regenerative Organic Alliance developed a standard to support farmers who promote soil health. Help could be on the way. There’s more.
Achieving carbon neutrality across its business operations and data centers by reducing emissions and investing in renewable energy credits and carbonoffset projects. Joining the UN Global Compact and tracking impact through the UN Sustainable Development Goals.
The financing marks the largest capital raise in the UK this year, and brings the total raised by BeZero Carbon to more than $70 million in the past year. The raise will ensure we can continue to invest in our ratings, risk and analytics tools to make this vision a reality.”.
In an effort to reach net-zero emissions, companies are turning to carbon credits. These credits are used to offset emissions and allow the owner to emit a certain amount of carbon dioxide (CO 2 ) or greenhouse gases.
Blackstone Energy Partners (BEP) , energy-focused arm of the private equity firm, has announced a US$400 million investment in global carbon and environmental commodities exchange platform Xpansiv. AI-driven ESG analytics platform GaiaLens has announced the launch of a new user interface to tackle common ESG data complaints.
Impact Cubed , an investment analytics and solutions provider, has launched a solution to help investors meet the disclosure requirements of the EU Taxonomy Regulation. MSCI , a data, analytics and research services provider, has announced partnerships with GeoQuant and ELEVATE to enhance its ESG data ecosystem.
The world is not decarbonising fast enough to limit global warming, he warned, adding that many companies are turning to carbonoffsetting in a bid to meet their decarbonisation targets – which is an example of the interplay between climate and nature, Craig said. “Net zero cannot be achieved unless you are also nature positive.” .
Rubicon Carbon was not designed as a replacement for aggressive carbon emissions reduction but rather as an end-to-end solution for corporations that have chosen to include high-quality carbon credits as part of their overall decarbonization strategy.”.
Investors and policymakers want to know what those targets actually mean,” says Jaakko Kooroshy, Global Head of Sustainable Research at global index, data and analytics provider FTSE Russell. How committed are companies to achieving these targets? How do they translate on a net zero journey? Throwing down the gauntlet .
Nevertheless, the Net Zero Asset Managers initiative is asking signatory asset managers to commit to the following roadmap: Set interim net-zero targets for 2030 Account for Scope 1 and 2 emissions in their portfolios and Scope 3 emissions where possible Prioritize real-economy emissions reductions rather than relying on carbonoffsets Create investment (..)
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