Key Impact Points: Data centers are increasingly defining the future of electricity use, with plans emerging for gas, renewables, and innovative infrastructure to handle skyrocketing demand. The energy mix powering artificial intelligence will shape CO2 emissions in the power sector. Fossil Fuels Adapt to AI Demand Exxon is advancing designs
Key Impact Points: AI’s Energy Demand: Four Scenarios Schneider Electric’s Sustainability Research Institute (SRI) released its first report, Artificial Intelligence and Electricity: A System Dynamics Approach, analyzing the electricity consumption of AI over the next decade. Rémi Paccou, SRI Director, and Prof. Fons Wijnhoven of the University of Twente, used
Key Impact Points Transforming ESG Data with Microsoft Cloud for Sustainability Organizations face mounting challenges in managing ESG data for sustainable business growth. Microsoft addresses these challenges with AI-powered tools like Microsoft Fabric, Sustainability Manager, and Copilot, which centralize and standardize ESG data for analytics and reporting. “Using these solutions,
Key Impact Points: AI as a Cost-Saving Imperative Organisations are rapidly adopting AI, aiming to enhance productivity and gain a competitive edge. With global digital transformation spending projected at $235 billion this year, leaders face mounting pressure to demonstrate rapid returns on AI investments. Boston Consulting Group’s (BCG) research highlights
Key Impact Points: New Tools for Streamlined CSRD Compliance Deloitte and Workiva, expanding their ESG-focused alliance, launched four new accelerators to help organizations navigate compliance under the EU’s CSRD. These tools aim to simplify complex reporting requirements while enhancing governance, risk, and compliance (GRC) frameworks within the Workiva platform. Available
Key Impact Points Rethink Sustainability Reporting Mandatory reporting requirements, like the EU’s Corporate Sustainability Reporting Directive (CSRD), are transforming how tech companies approach sustainability. Compliance now demands rigorous data collection, third-party assurance, and alignment with global disclosure frameworks like ISSB and ESRS. “Passing muster with independent third-party assurance providers and
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
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
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
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
