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
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:
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
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
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
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
Key Impact Points: Deloitte is taking a major step toward achieving its sustainability goals by implementing GreenLight powered by Salesforce. This cutting-edge solution, which merges Salesforce’s Net Zero Cloud with Deloitte’s technology, helps the organization manage its environmental, social, and governance (ESG) reporting across more than 120 countries. Driving Global
Key Impact Points: Google’s clean energy push with SMRs Google is making strides in the clean energy sector by signing a groundbreaking corporate agreement with Kairos Power to purchase nuclear energy from Small Modular Reactors (SMRs). These advanced nuclear reactors will provide up to 500 MW of 24/7 carbon-free power
Key Impact Points: Introduction of the New Tool On the eve of Nature COP 16, Bloomberg unveiled a groundbreaking tool designed to help investors assess their exposure to nature and biodiversity-related risks. This offering combines Bloomberg’s extensive data with leading sources of nature and biodiversity information. Key Features of the
3 Key Impact Points: As AI, and especially Generative AI (GenAI), becomes more prevalent, establishing and operationalizing ethical standards is now a key focus for organizations. According to Deloitte’s 2024 Technology Trust Ethics Report, 94% of respondents say their organizations are developing or deploying GenAI, while 87% report expanding its
