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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.
in the value chain) in most industries, the path to netzero is simply not achievable without decarbonizing the supply chain. This session explores this problem space and three pivotal advances that are poised to unlock supply chain decarbonization within and across industries.
When working toward 2050, we must leave no stone unturned and engage all employees on our journey to netzero. We believe that breakthrough technology is pivotal for decarbonization. Learn more about Essity's Journey to NetZero here. Download Essity's Journey to NetZero report here. .
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 example, its netzero forecasts incorporate credibility analysis of transition pathways. For complimentary access to the full report, click here.
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.
Financial information and analytics provider FactSet announced today a series of climate commitments, including establishing a target to reach netzero emissions by 2040 and pledging to set a near-term emission reduction goal aligned with the Science Based Targets Initiative (SBTi).
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.
In 2021, CBRE announced our commitment to achieve net-zero carbon emissions by 2040—10 years ahead of the goal set by the Paris Agreement. Advancing NetZero. CBRE is a sponsor of the World Green Building Council’s Advancing NetZero program, which seeks to decarbonize the sector by 2050.
These insights empower investors to align their portfolios with their individually stated netzero goals and capitalize on opportunities presented by the transition to a low-carbon economy. How could transition scenarios, like BNEF’s New Energy Outlook (NEO), affect company revenues?
DESCRIPTION: FARNBOROUGH, United Kingdom, July 20, 2022 /3BLMedia/ - As the commercial aviation industry maps a path to netzero emissions, Boeing (NYSE: BA) unveiled a new data modeling tool to show the most effective scenarios for reaching the destination by 2050. We have to take a holistic view to decarbonization," said Raymond.
Energy and sustainability enterprise resource planning software provider EnergyCAP announced today that it has acquired energy management analytics and monitoring platform Wattics. EnergyCAP and Wattics together become the ideal solution to support and validate the entire customer journey to net-zero.”.
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.
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.
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.
At the Farnborough Airshow today, aerospace giant Boeing unveiled Cascade, a new data modelling tool aimed at illustrating the most effective scenarios to help the commercial aviation industry achieve its goal to reach netzero emissions by 2050.
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.
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.
The push to become a sustainable aviation solutions supplier also aligned with the company’s ambition, announced to investors in April , to become a net-zero-emissions energy business by 2050. So, while the demand is there, if we can’t drop the price to be competitive with existing fuels today, that demand diminishes.”.
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.
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.
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.
Our 2023 Triple NetZero Readiness Study shows that while many companies have committed to netzero goals, only 52% of those surveyed have actionable plans to achieve them. That’s where we come in. million trees.
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.
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.
Currently, only one segment of road transport – three-wheeled vehicles – is fully on track to reach netzero by mid-century. Currently, only one segment of road transport – three-wheeled vehicles – is fully on track to reach netzero by mid-century.
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.
Global professional services firm Accenture announced today the acquisition of decarbonization strategy-focused consultancy Green Domus, the latest in a string of sustainability-related transactions by the company.
and German companies now have a net-zero strategy, and 78% have allocated extra budget to sustainability and net-zero initiatives. Our report finds that operations managers have the influence and desire to help drive decarbonization across business operations, supplier and partner networks.
Among the new solutions released with Measurabl’s next-gen platform include Measurabl Navigate, a new product aimed at guiding users on the journey to netzero and to realize financial results from ESG investments.
This step, which doubles down on the pension fund’s climate investing plans for the next seven years, underpins the comprehensive strategy that CalPERS laid out for achieving its goal of cutting emissions from its portfolio investments to netzero by 2050 while assuring long-term financial results for its pensioners.
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 carbon offsets as part of their decarbonization journey.
Pressure on businesses to accelerate climate action and limit global warming has never been more prevalent and the corporate world is making commitments for delivering its ambition to become NetZero across its value chain. Here at Ericsson, we take the need to decarbonize seriously. Use well-organized navigation.
The First Hope for VPPA Price Relief Dawns as Costs & Returns Narrow SR Inc was pleased to guide and represent more than a dozen Member-Clients in independent and aggregated virtual power purchase agreements (VPPAs) through the NetZero Consortium for Buyers (NZCB) in Q2 2023 in both the U.S. hubs using common analytics.
The unit will also look to deepen the firm’s investment research capabilities, working with Sustainable Investment Research & Analytics group, and engage with clients with its Global Client Business. The introduction of the new unit marks the latest step for BlackRock in targeting climate-focused investment opportunities.
With accurate, transparent, and advanced analytics reporting, companies can identify areas for action, simulate scenarios, and hit their sustainability goals in order to minimize waste, reduce carbon emissions, and improve sustainable supply chain performance. Gunther Duetsch, partner, PwC Germany.
To that end, the COP28 Presidency unveiled the Global Decarbonization Accelerator , a set of initiatives focused on scaling up new energy systems, targeting noncarbon greenhouse gas emissions and decarbonizing energy systems today. C using the NetZero 2050 scenario from the Network for Greening the Financial System.
Reducing carbon emissions and ensuring a secure and affordable energy supply will require transitioning from fossil fuel-based energy systems to net-zero carbon sources. With SAP Asset Performance Management , channel the power advanced machine learning and analytics to help optimize asset health, performance, and risk.
Arming our pilots with this technology powered by operating the youngest, cleanest fleet across the Atlantic, while progressively utilising Sustainable Aviation Fuel, forms part of our overall commitment to achieving NetZero by 2050,” said Corneel Koster, Chief Customer and Operating Officer at Virgin Atlantic.
Luisa Palacios, Columbia University’s Center on Global Energy Policy Legacy Energy: Challenges and Opportunities in Decarbonizing China What’s the outlook for China’s energy economy? How are China’s national oil companies (NOCs) balancing their energy security and decarbonization agendas? Then lastly, management. degree pathway.
Many companies have devised strategies to reduce their environmental impact and achieve net-zero emissions. Eighty-five percent of companies have strategies to reach netzero, according to Sphera’s survey of 300 operations managers working in industrial sectors in the U.S., and Germany.
Many companies have devised strategies to reduce their environmental impact and achieve net-zero emissions. Eighty-five percent of companies have strategies to reach netzero, according to Sphera’s survey of 300 operations managers working in industrial sectors in the U.S., and Germany.
Seven states and regions[iii], including Catalonia, Spain and Thuringia, Germany, have set ambitious plans to decarbonize their entire energy mix across all sectors such as industry, agriculture and transport. vi] Climate Analytics and NewClimate Institute (2019) Climate Action Tracker. California, U.S. Catalonia, U.S. Hawaii, U.S.
Many companies have devised strategies to reduce their environmental impact and achieve net-zero emissions. Eighty-five percent of companies have strategies to reach netzero, according to Sphera’s survey of 300 operations managers working in industrial sectors in the U.S., and Germany.
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