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The global supplychain has taken a beating in recent years. From pandemic-induced bottlenecks to geopolitical tensions and climate disasters, supplychains have become a stress test for how businesses adaptor crumbleunder pressure. Beyond inventory, advanced analytics is also playing a crucial role in sustainability.
Global supplychains are no longer just the "back-end" of businesses—they're now the front line in a world of constant disruptions. From the COVID-19 pandemic to geopolitical conflicts and extreme weather events, supplychains have been tested like never before. Companies like Toyota have shown the way forward.
in the value chain) in most industries, the path to net zero is simply not achievable without decarbonizing the supplychain. This session explores this problem space and three pivotal advances that are poised to unlock supplychaindecarbonization within and across industries.
Freight accounts for nearly 8%, but when combined with warehousing operations, grows to 11%, according to the MIT SupplyChains Initiative. Within the supplychain ecosystem, freight forwarders will increasingly play a pivotal role in driving sustainability, digitalization, and resilience across the industry.”
Stakeholders bring diverse perspectives that help identify potential risks and opportunities within the supplychain. 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.
Organizations can utilize AI-powered platforms to streamline their reporting processes, track Scope 3 emissions and model their decarbonization pathways with precision. But to maximize the value of AI, a collaborative ecosystem is necessary.
The supplychain powering transportation is overly reliant on costly fixed infrastructure,” said Frank Mycroft, CEO and Founder at Booster. Customers save time and money while advancing their decarbonization goals. KEYWORDS: Booster Fuels, decarbonization, Series D Funding, Rose Park Advisors, mobile fueling.
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.
The company will leverage Series A financing to improve end-to-end visibility for businesses with complex global supplychains. the leading provider of end-to-end supplychain due diligence software, today announced it has raised a $10 million Series A funding round, led by Energize Ventures with participation from E14 Fund.
The company touts advancing responsibility for sourcing raw ingredients, such as cobalt, within its supplychain. Rosalind Brewer is the first African-American and woman to steer the company’s Americas operations as well its global supplychain, product and store development. and globally by 2040. Company profile.
Originally published by TriplePundit Gathering Scope 3 emissions data from suppliers isn’t easy for food and beverage companies, but new remote sensing and analytics technology can help. Partnering directly with grain processors opens up a new way to decarbonize the food supplychain.”
Issues of health, the working poor and racial justice are making people uncomfortable, and with the supplychain disruption with the closing of meatpacking cesspools, Jonathan Safran Foer writes, "Our hand has been reaching for the doorknob for the last few years. COVID-19 has kicked open the door." Alexis Rocamora (2019).
Setting an SBT without close consultation with one’s supplychain is unacceptable and irresponsible given the near-term deadline of 2030. More importantly, brands and suppliers need to work in tandem to transform their Tier 2, which is the single most prominent source of carbon emissions.
Canada Signs EV and Battery SupplyChain Agreements with Volkswagen, Mercedes-Benz. EnergyCAP Acquires Energy Management Analytics Software Provider Wattics. Diginex Launches “Worker Voice” SupplyChain Transparency Platform. California to End Sales of Gas-Powered Cars by 2035. ESG Services and Tools.
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 supplychain—present a significant challenge.
Manufacturers – who are on the front lines of critical action – connected with business leaders and stakeholders to discuss the future of sustainability, supplychain compliance, verification, policy alignment, and more. Attendees also learned about the main decarbonization strategies and actions to achieve decarbonization goals.
This week in ESG news: Amazon sets decarbonization expectations for suppliers, achieves 100% renewable energy; EU regulator ESMA tells companies to get data systems in place for sustainability reporting; Microsoft purchases 500,000 tons of carbon removals from Oxy; KPMG launches climate reporting hub; Bain appoints new sustainability practice leader; (..)
Schneider Electric’s strong performance spans what was the hottest year on record – serving to highlight the importance of collective action to decarbonize business operations and value chains to avoid the worst effects of global warming and accelerate the transition to a cleaner, fairer world.
Participants can also receive hands-on training in and get certified in setting Science-Based Targets (SBTs) for decarbonization, as well as join interactive workshops on completing the Higg Facilities Environmental Module (FEM) 4.0, health and safety remediation plans, and workers rights. “We
Launched in 2018 by co-founders Mirko Schedlbauer and Tobias Bohnhoff, Hamburg, Germany-based shipzero helps shippers, logistics service providers and carriers to manage and reduce transport emissions, to support progress towards decarbonizingsupplychains.
Here at Ericsson, we take the need to decarbonize seriously. To address the threat head on, Ericsson has committed to reach Net Zero emissions in our value chain by 2040. One of the key activities to address the reduction of supplychain emissions is Product Transportation. Use well-organized navigation.
The model combines companies’ activities, supplychain exposure and regional footprint with the shifting demand for products and commodities projected under different climate scenarios. The Transition Risk Assessment Company Tool (TRACT) projects company revenue risk and opportunities for more than 70,000 companies.
In a market update available now , the solution offers flexibility and scalability so that a business can easily connect finance, emissions, production, supplychain, human resources (HR), and other data sources to sustainability metrics. Manoj Mathew, vice president, Sustainability, Cognizant.
For the study, Salesforce conducted a double-anonymous survey in partnership with research data and analytics technology group YouGov, covering more than 450 sustainability professionals at companies across a range of sectors, in the U.S., Canada and the UK.
Second, CBAM is intended to encourage global decarbonization. These industries were chosen because they represent a significant share of global emissions , and they’re essential to many supplychains. First, it’s an effort to level the playing field for EU-based companies that already adhere to strict carbon regulations.
McKinsey Launches Council Focused on Decarbonizing the Built Environment. EU Commits €3 Billion to Invest in Energy & Industrial Decarbonization Projects. Building Intelligence Company Infogrid Acquires ESG Analytics Provider Aquicore. Nasdaq Commits to Reduce Scope 3 Emissions 95% by 2050. Government & Regulators.
Digitalization in manufacturing We are implementing digital solutions throughout our operations, including AI-powered prescriptive maintenance, smart sensors, advanced data analytics, robotization and automation to achieve resource efficiency. We believe that breakthrough technology is pivotal for decarbonization.
As part of a series recently announced sustainability goals by EY , the company pledged to invest in services and solutions that help its clients profitably decarbonize their businesses and address other sustainability challenges and opportunities.
For example, with its unique digital twin on a blockchain, the GreenToken by SAP solution helps businesses gain material sourcing transparency and environmental, social, and governance (ESG) data across their supplychains.
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.
The best approaches must include effective data management, accurate workflows, analytics capabilities and specific disclosure scope. Flexible, real-time analytics provide accurate GHG emissions calculations, whenever they’re needed. TCFD’s scenario analysis criteria ?help Financial Management Functionality.
They’re about addressing the major risks that financial markets and companies face as a result of the changing climate—the supplychain disruptions, the diminished worker productivity, the damage to corporate infrastructure and the communities businesses operate in. Risks that continue to escalate. This year, a record $1.8
The modular software on Sphera’s industry-leading software as a service (SaaS) platform allows financial institutions to accurately collect, calculate, report and manage financed emissions utilizing AI and advanced analytics. Follow Sphera on LinkedIn.
Its 60+ companies across the semiconductor value chain aim to accelerate the ecosystem’s reduction of GHG emissions through knowledge-sharing, increased transparency in public reporting, and ambitious decarbonization targets. C pathway and agree to help advance climate progress within the semiconductor value chain.
DESCRIPTION: Investors and regulators increasingly expect companies to have both a decarbonization strategy (greenhouse gas accounting, science-based targets, low-carbon transition plan) and a climate resiliency strategy (managing acute/chronic physical risks and regulatory/market transition risks). SOURCE: Antea Group.
Yet only 41% have made significant changes to daily operational practices to decarbonize. 95% say net-zero accountability sits solely with C-suite and board of directors, and responsibilities are not being shared with operations managers. Sphera survey finds 85% of U.K.,
They also represent the lion’s share of the future fossil fuel supply. —Dr. 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? Then lastly, management. degree pathway.
Dealing with uncertainty With certain NbS schemes, investors can help turn brown into green almost literally, but investments in other types of transition – which require established firms to manage climate and nature risks by reorientating their business models or supplychains – can be no less data-intensive.
Government funding of over £5 million has been provided to help launch innovative ideas that could transform rail travel and help decarbonize the rail network. Data will also be available for use by train operators and the wider data analyticssupplychain, removing some of the systemic blockers around access to data.
This growth in the wind industry is fueled by consumer and corporate demand for clean energy to meet decarbonization and environmental, social, and governance (ESG) commitments in addition to aggressive renewable portfolio standards set by states, corporations, and utilities. Energy Information Association and U.S. Department of Energy.
With the International Energy Agency insisting that electric vehicles need to represent 79% of global bus fleets and 59% of heavy truck fleets by 2050, Bédard says, “The need to take immediate action to decarbonize transportation is clear.”. Morgan now exploits its light-focusing and analytics expertise in “urban sunlight management.”
The contracts will help Cargill, a major Mars supplier, to cut 10% of its overall GHG emissions from its operations by 2025 and to reduce GHG emissions in its global supplychains by 30% per ton of product by 2030. Electrification. View the full 2021 Sustainability Report here.
Recent insights from the " Shifting SupplyChains Navigating a New Inter-Americas Trade Landscape " report by DP World and the Journal of Commerce by S&P Global highlight a critical reality: in todays volatile environment, sustainability is synonymous with resilience. Consider the Panama Canal drought.
And we know that interest rates have finally begun to come down and supplychain pressures have eased, which will largely have a downward pressure on VPPA prices. The NZCB’s auditable corporate procurement process and Reverse Auctions have become core to a growing number of SR Inc Member-Clients’ decarbonization strategies.
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