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Enter advanced analytics, artificial intelligence (AI), and automationthe holy trinity of supply chain transformation. Advanced Analytics: Turning Data Into a Crystal Ball If data is the new oil, then advanced analytics is the refinery. Beyond inventory, advanced analytics is also playing a crucial role in sustainability.
Energy transition data and analytics company Orennia announced the closing of its Series C growth financing round. The round was led by BlackRock and Temaseks decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023.
The following is adapted from State of Green Business 2020, published by GreenBiz in partnership with Trucost, part of financial information and analytics giant S&P Global.
in the value chain) in most industries, the path to net zero is simply not achievable without decarbonizing the supply chain. Most companies have been on the ‘onramp’ toward this immense and complex challenge, setting targets, publishing net zero commitments, and using predictive analytics and models to estimate the current state.
Originally published on bloomberg.com Bloomberg has been recognized as a Leader in The Verdantix Green Quadrant: Climate Financial Data And Analytics Providers 2024. For investors that engage in decarbonization, there are automated tools to track these engagements for sustainability report.
DESCRIPTION: On the hook for a reported 27% of the nation’s carbon emissions, the transportation industry is now considered a key focus area for decarbonization. Diversifying the decarbonization toolbox is key to maintaining operations across unknown events and the changing landscape,” writes Mycroft in the article.
According to the company, Transition Analytics provides users with a comprehensive asset-based emissions and activity database for 11 of the most emissions-intensive sectors, linking more than 148,000 physical assets to 3,000 listed companies with ownership stakes in these assets, along with their 32,000 listed and private subsidiaries.
WegoWise provides cloud-based utility analytics software enabling business owners to understand, track, and improve building efficiency, make utilities-related operating and capital expenditure decisions, and generate sustainability reporting.
Written by Justin Carron, Director of Buildings and Campuses, Eaton Theres never been a better time to decarbonize healthcare. Were seeing a growing commitment within the healthcare industry to accelerate decarbonization efforts to tackle climate change. More than 130 of the largest U.S. of all U.S.
Amperon Holdings, which uses AI to forecast energy usage and supply for energy markets, raised $20 million in Series B funding, with proceeds to be used to unlock more value from grid data and advance electricity forecasting innovation, enabling businesses to navigate the energy complex and accelerate grid decarbonization.
Energy transition data and analytics company Orennia announced that it has raised $25 million in a Series B equity round, with proceeds aimed at scaling the company’s data and analytics platform. Brook Papau, co-founder and CEO of Orennia, said: “As the world decarbonizes its energy stack, trillions in capital need to be deployed.
Climate management and accounting platform (CMAP) provider Persefoni announced today plans to launch the Persefoni Portfolio Analytics Suite, a new toolset of solutions and dashboards aimed at enabling financial institutions to track, manage and reduce the greenhouse gas emissions associated with their investment portfolios and financing activities.
Energy and sustainability enterprise resource planning software provider EnergyCAP announced today that it has acquired energy management analytics and monitoring platform Wattics. The post EnergyCAP Acquires Energy Management Analytics Software Provider Wattics appeared first on ESG Today.
While these numbers may seem daunting, they also reveal an opportunity for the logistics and transport sector to become a driving force in the transition to a decarbonized future,” writes Terry Donohoe, senior vice president of freight forwarding for DP World Americas, in a recent article published in Logistics & Transportation Review.
S&P Global launched Sustainable1 in 2021 , creating an integrated group for the companys full suite of sustainability offerings, including its benchmarking, analytics, evaluations, and indices products and solutions.
Building intelligence SaaS technology company Infogrid announced today the acquisition of ESG analytics and carbon management platform, Aquicore. According to Infogrid, the acquisition will strengthen the capabilities of both companies, merging its AI-powered technology with Aquicore’s ESG reporting and analytics abilities.
Digital twin data platform Akila and global professional services firm Deloitte announced today a new strategic alliance to decarbonization-focused software solutions for U.S. clients, aimed at enabling reduced emissions, optimized energy consumption and enhanced efficiencies in the operations of buildings.
Decarbonization and Smart Logistics at DP World DP World has a clear vision for decarbonization, with ambitious goals to reduce emissions and lead the logistics industry toward a more sustainable future. To read the full interview and learn more about our sustainable procurement practices, visit Procurement Magazine here.
Professional services firm Deloitte Canada announced today the acquisition of fleet management consulting firm, Fleet Challenge Canada, in a move aimed at growing its sustainability practice, and building on its capabilities in the climate, sustainability, and fleet decarbonization space.
Australia-based telecommunications and information services company Telstra announced today that it will no longer be using carbon credits to offset its operational carbon emissions, shifting focus instead to investments in decarbonization projects to reduce its direct emissions footprint.
Professional services firm KPMG in Ireland and climate-focused software provider CoolPlanet announced a new alliance, aimed at delivering end-to-end decarbonization solutions for clients. The post KPMG Partners with CoolPlanet to Offer Carbon Accounting, Decarbonization Solutions appeared first on ESG Today.
Developed in consultation with leading universities, the new tool quantifies the ability of various strategies and fuels to reduce emissions, appraising multiple pathways to decarbonize aviation. We created Cascade on a foundation of credible data and analytical models to allow users to explore various pathways to net-zero.
The center will serve as a hub for cross-sector collaboration, bringing traditional financial instruments to innovative ideas to decarbonize the planet. . To serve our clients requires really analytical tools," said John Goldstein, head of the sustainable Finance Group at Goldman Sachs.
Climate tech company BlocPower announced that it has raised more than $150 million, with proceeds aimed at financing the growth and development of its platform focused on the decarbonization of buildings in low income communities. We are fighting the climate crisis while improving quality of life for city residents.”
Plus, Booster’s integrated data platform is rich with data insights, and provides analytics that enable customers to measure and report on their carbon reduction – a growing concern for customers striving to achieve ESG goals. Customers save time and money while advancing their decarbonization goals. Learn more here: [link] #ESG.
Energy giant bp announced today an investment of £4 million (USD$5 million) in fleet decarbonization solutions startup Dynamon, alongside an agreement to collaborate with the company on optimizing EV fleets and developing a premium offer for customers.
Organizations can utilize AI-powered platforms to streamline their reporting processes, track Scope 3 emissions and model their decarbonization pathways with precision. The technology’s ability to sift through vast datasets and provide accurate, real-time insights is indispensable for businesses navigating the evolving regulatory landscape.
Additionally, the company said that it will also continue investing in automation, including the application of artificial intelligence techniques, and its expert team of climate and data scientists to deliver ratings, data, and risk analytics at scale.
By: Clare Adelgren, EY Global Head of Blockchain Sales and Operations As companies globally accelerate their decarbonization journeys, scope 3 emissions—which include all indirect emissions originating from organizations’ upstream and downstream activities such as supply chain—present a significant challenge.
Data-driven insights on decarbonization and a roadmap for supplier engagement delivered by Andrew Martin, Cascale Executive Vice President, joined by Cascale partners Kurt Kipka, Chief Impact Officer of Apparel Impact Institute, and Liam Salter, CEO of RESET Carbon.
We created Cascade on a foundation of credible data and analytical models to allow users to explore various pathways to net-zero. The tool appraises Boeing's major paths to decarbonize aviation and their potential power to reduce emissions through: Airplane fleet renewal. Operational efficiency improvements.
By leveraging digital tools like predictive analytics, companies can anticipate potential risks and adjust their operations proactively. According to our report, 84% of executives now look for partners with strong decarbonization capabilities. Without this visibility, they're flying blind and are more susceptible to disruptions.
As part of this commitment, CBRE signed The Climate Pledge , a cross-sector community of companies and organizations working together to address the climate crisis and solve the challenges of decarbonizing our economy and realize net zero carbon emissions by 2040. CBRE has committed to achieving 100% renewable electricity by the end of 2025.
Ceres also welcomed the finalization of the Analytic Framework for Financial Stability Risk Identification, Assessment, and Response. These criteria, set forth in the Analytic Framework, will provide NBFIs facing potential designation with clear signals about risk reduction measures that may be needed to avoid federal supervision.
By combining proven technologies, expert knowledge, and advanced data analytics, Ignis Energy is unlocking the full potential of geothermal resources and accelerating the transition to a cleaner, more sustainable energy future.
This week in ESG news: Google, Amazon turn to new nuclear technology to tackle data center carbon footprints; IFS, PwC launch sustainability reporting solution; BlackRock survey finds nearly all insurers have climate transition goals for investment portfolios; IBM acquires renewable energy asset performance management software provider; Fidelity launches (..)
Decarbonization-focused VC investor Voyager Ventures announced that it has raised $100 million for Voyager Partners Select I, its second venture fund targeting investments in climate technology startups. Voyager Ventures noted that each fund was oversubscribed on strong demand for climate solutions.
Global management consulting firm McKinsey & Company’s sustainability-focused platform McKinsey Sustainability and Moody’s financial intelligence and analytical tools unit Moody’s Analytics announced today the launch of a suite of solutions aimed at helping banks identify, measure, and act on climate change-related risks and opportunities.
This week in ESG news: Microsoft launches new supplier decarbonization team for cloud and AI; competition for clean energy from data centers forces megaton carbon capture project out of state; EcoVadis acquires human rights analytics provider; ESMA report finds transition funds outpacing sustainability funds; Australia senate passes climate disclosure (..)
We are uniquely positioned to address the water, waste and energy goals of our municipal and industrial clients, creating the greatest opportunities for decarbonization. ENERGY EFFICIENCY AND CONSERVATION The decarbonization journey starts with efficiency, waste reduction and reduced energy use across all aspects of our customers’ operations.
IBM acquired environmental performance data and analytics software provider Envizi in 2022, as part of its efforts to enhance its AI-powered ESG solutions capabilities.
Professional services firm KPMG LLP and enterprise data technology company Context Labs announced the launch of a new alliance aimed at helping companies to measure and reduce their environmental footprints using advanced climate data and analytics, enabled by machine learning, AI and distributed ledger technology.
Assessing carbon targets and transition credibility In addition to managing transition risk, financial firms increasingly seek to decarbonize their portfolios. Bloomberg’s ESG data, research, and analytics span regulatory solutions, carbon emissions, sustainable debt, scores, indices, climate risk, and more.
Founded in 1982, RMI focuses on the decarbonization of energy systems, through rapid, market-based change, to align with a 1.5°C I am absolutely convinced that Jon’s sincere care, his wickedly brilliant brain, his analytical capabilities, and his deep experience in this space — together with his passion for this mission —?
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