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Sustainable investments should grow as divestment from carbon-intensive industries intensifies. A "Digital Technology and the Planet" report from the Royal Society in London recently suggested citizens soon could be use their mobile devices to capture and share emissions data in real time.
DESCRIPTION: RUEIL-MALMAISON, France, February 22, 2022 /3BL Media/ - Schneider Electric , the leader in the digital transformation of energy management and automation, has appointed Gwenaelle Avice-Huet as its new Chief Strategy and Sustainability Officer, starting from 1 April 2022. SOURCE: Schneider Electric. as a consultant. www.se.com.
This divestment represents a very attractive purchase price and allows us to focus on our core agricultural business and the successful implementation of our Crop Science Division growth strategy,” said Rodrigo Santos, Member of the Board of Management of Bayer AG and President of the Crop Science Division. billion U.S. dollars (2.4
But just as importantly, cloud and SaaS have made enterprise-scale digitization available to every player, enabling them to compete at new levels. Digital transformation is rooted in taking advantage of innovative apps that previously required investment in in-house infrastructure. The cloud lets SMBs use these advances as a service.
The divested business is set to operate as an independent company called Envu. “At the same time, we can concentrate on our core agricultural business and the successful implementation of our growth strategy in the Crop Science Division.” Bayer will use the net proceeds from the transaction to reduce its net financial debt. About Envu.
From companies looking to select cleaner manufacturing suppliers, to investors seeking to divest from polluting industries, to consumers making choices about which businesses to patronize, one thing is clear: a reliable way to measure where emissions are coming from is necessary," they wrote.
Indeed, nearly half (49%) of investors globally would divest from companies that are not taking sufficient action on environmental, social, and governance (ESG) issues. Market and investor pressure, business impact, and customer pressure are shaping the demand for sustainable business practices.
We couldn’t have initiated such an impactful project if we hadn’t been able to bring together our various experts on the environment, decarbonization, digital services and more. In 2021, we launched the Zero Carbon Project to help our top suppliers halve their CO2 emissions in less than five years.
Digitalizing the grid means we can measure electricity source and flow in minute detail. We will likely see major momentum building towards a divestment of conventional power as major companies vote with their wallets and join the move to True Zero. Software is now capable of matching kilowatt-hours (kWh) going in with kWh going out.
1] A recent PwC investor survey found that 79% of respondents said that ESG reporting was an important factor in their investment decision-making, and 49% said they were willing to divest from companies not taking significant ESG action [2].
Meanwhile in the asset management sector, Legal & General Investment Management said it would divest from Russian sovereign debt and the manager has reduced total exposure to 0.1% Charles Radclyffe, Partner at EthicsGrade, says: “We are trying to understand how mature corporate governance is around digital strategy. of AUM or £1.3
PensionDanmark , which divested a large stake in the firm in early December, was joined by PFA, KLP and Folksam in urging the firm to “reconsider your current approach to unions”. Pay up – Just before 1pm on Thursday, the median FTSE 100 CEO’s earnings for 2024 surpassed the median annual salary for a full-time worker in the UK.
This week, Mark Carney made the case for a faster transition to renewable energy in the face of inflationary and geopolitical headwinds, calling for “a sustainable revolution on the scale of the Industrial revolution and at the pace of the digital transformation”. Does this mean polluters’ net zero plans are now on the right track?
Digital ministers (not a reassuring phrase in the circumstances) from the Group of Seven had already declared their commitment to implementing policies underpinning stronger guidance and governance.
All investors covered in the report are planning to overinvest in digital infrastructure in the future. The investors that were more exposed to power and gas benefited more than the peer groups that had mostly divested from conventional power generation.
PLSA) digital ESG Conference 2022. Our approach is about better information and empowerment, not about divestment or directly penalising today’s high carbon emitters. Coffey said the UK government would bring forward legislation “shortly” to remove barriers currently preventing schemes from investing in illiquid assets.
Any decision made to disengage or divest must be done in a responsible fashion, including scrutinising for any unintended human rights consequences.” . PLSA) digital ESG Conference 2022? . The dependency on Russian oil and gas is clearly a big political risk. We must accelerate the transition and invest in renewables,”?said
She added: “We encourage Glencore and its peers to continue developing a more credible, transparent approach in managing climate risks and phase-outs for high emitting assets incompatible with a 1.5°C
According to reports from Bloomberg New Energy Finance and the International Energy Agency, green themes like renewable energy, green buildings and electric cars are seeing double-digit growth in capital investments. Divestment is different from ESG, which is different from impact investing. Invesco ESG NASDAQ 100 Index ETF (QQCE) 99.3%
politicians that the firm “boycotts” energy companies, stating that “BlackRock has never supported divesting from traditional energy firms.” Many companies, like Occidental, do both, which is a major reason BlackRock has never supported divesting from traditional energy firms. They’re pioneers of decarbonization, too.”
I specialize in historically informed research on how technological development and deployment can perpetuate the climate crisis and the political functions of digital data systems in water and natural resource management. There are alternatives to expanding a lithium-dependent demand economy.
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