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GenAI: Transforming ESG Reporting and Compliance for Global Businesses

novembre 12, 2024 Aucun commentaire

Key Impact Points: How GenAI Is Elevating ESG Compliance Generative AI (GenAI) is revolutionizing how large organizations manage Environmental, Social, and Governance (ESG) compliance. With the surge in ESG data demands and increasing regulatory oversight, traditional compliance methods can be burdensome and inefficient. GenAI offers a solution, automating processes, accelerating

NatureFinance Unveils Tool for Banks and Investors to Evaluate Portfolio Nature Impact

novembre 7, 2024 Aucun commentaire

Key Impact Points: Introducing NatureAlign: A Step Towards Nature-Positive Finance NatureFinance has launched NatureAlign, an innovative tool designed to help financial institutions measure and enhance their alignment with nature-positive outcomes. This launch aligns with the Biodiversity Plan, formerly known as the Kunming-Montreal Global Biodiversity Framework (GBF), addressing the pressing need

Trane’s Carbon Gigaton Challenge

novembre 7, 2024 Aucun commentaire

Key Impact Points: Tackling Climate Change with the Gigaton Challenge Recognizing the urgent need for extensive climate action, we have committed to one of the most ambitious, science-based goals in the industry: the Gigaton Challenge. This commitment sets a target to cut 1 billion metric tons of CO2e from our

Meet Chonkus: The CO2-Absorbing Algae That Sinks Naturally To The Ocean Floor

novembre 7, 2024 Aucun commentaire

The Discovery of Chonkus An international research team, led by Max Schubert, Ph.D., and Braden Tierney, Ph.D., from Harvard, discovered a remarkable type of algae in the CO2-rich waters near Vulcano, Italy. Named “Chonkus,” this round and heavy algae was found to thrive in carbon-abundant environments. Field Observations and Lab

Power Shift at Schneider Electric: New CEO to Amp Up Sustainable IT, Data Centers, and Energy Transition

novembre 5, 2024 Aucun commentaire

Key Impact Points: Strategic Shift in Leadership to Drive Sustainable Focus Schneider Electric’s board has appointed Olivier Blum as the new CEO, replacing Peter Herweck in a surprise move. The change reflects the board’s desire for rapid progress in sustainable IT, AI readiness, and data center expansion. “The Board of

COP16: The Role of Technology in Global Biodiversity

octobre 31, 2024 Aucun commentaire

Key Impact Points: Global Gathering for Biodiversity and Sustainability COP16, held in Cali, Colombia, unites representatives from nearly 200 nations, industry leaders, and advocates to address biodiversity. With wildlife populations having plummeted by 69% in the last fifty years, the event emphasizes urgent measures to restore ecological balance. The aim:

Microsoft Builds First-Ever Data Centers With Wood to Reduce Carbon Emissions

octobre 31, 2024 Aucun commentaire

Key Impact Points: New Approach to Data Center Construction Microsoft is testing a new way to construct data centers in northern Virginia using “superstrong ultra-lightweight wood“ in place of traditional steel and concrete. This innovation aims to lower the carbon footprint of its facilities, aligning with the company’s goal to

EY: How we can leverage CSRD to drive sustainability and innovation

octobre 29, 2024 Aucun commentaire

Key impact points: The European Corporate Sustainability Reporting Directive (CSRD) is set to revolutionize how large and publicly listed companies disclose their environmental, social, and governance (ESG) practices. A new era of transparency Phase 1 of the CSRD targets large companies meeting at least two of these criteria: over €50

Microsoft Secures Ocean-Based Carbon Removal Deal with Ebb Carbon

octobre 29, 2024 Aucun commentaire

Key Takeaways: Microsoft has signed a significant carbon removal deal with Ebb Carbon, committing to an initial removal of 1,333 tons of carbon dioxide and potentially expanding to 350,000 tons over the next decade. This ocean-based carbon removal agreement is part of Microsoft’s broader strategy to become carbon negative by

Amazon and Dominion Energy Partner to Explore Small Modular Reactor (SMR) Nuclear Development

octobre 22, 2024 Aucun commentaire

Key Impact Points: Dominion Energy Virginia and Amazon have entered into a Memorandum of Understanding (MOU) to explore potential development and financing structures for Small Modular Reactors (SMRs) in Virginia. As the demand for electricity surges—growing more than 5% annually in Virginia and projected to double within 15 years—Dominion Energy