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Ericsson and Du, from Emirates Integrated Telecommunication Company (EITC) have partnered to support the communications service provider to enhance the sustainability of its networks and accelerate their transition to Net Zero by reducing network energy consumption and carbon emissions.
This is particularly relevant for the UAE, which has set ambitious sustainability goals, including its Net Zero 2050 plan. The company highlighted its green initiatives aimed at reducing the carbon footprint of the ICT industry.
In the energy and utilities sector, sustainability goals, such as Saudi Arabias Vision 2030 and UAEs Net Zero 2050, will drive investment in smart grids, renewable energy, and AI-driven energy efficiency solutions. Fintech hubs like Dubai and Riyadh will continue attracting global and regional players.
The energy sector, driven by sustainability goals such as Saudi Arabias Vision 2030 and the UAEs Net Zero 2050, will see a surge in investments in smart grids, renewable energy, and AI-powered energy efficiency solutions.
“By 2050 everybody wants to be zero emission and net zero. 2050 is one vehicle lifetime away. Transitioning to a hydrogen fleet is going to take more than the technical ability of a new breed of manufacturers though, Miftakhov said. It will also require government intervention. But] we are already too late. ”
Japanese Prime Minister Yoshihide Suga has set a target of reaching net-zero by 2050. Japanese renewables lag the U.K. by 50% (renewables in Japan in 2019 accounted for 18.9% of electricity versus 37.9% in the U.K.), so the potential for growth is significant. In the U.K.,
And together with Zendesk colleagues Raphael Güller and Yannick Chaze, and the founder of the Net Zero Initiative, Renaud Bettin, they’ve created a software toolkit that gives companies a visually elegant view into not just a company’s own carbon emissions, but those of their suppliers as well. .
Achieving net zero emissions by 2050 will be a huge challenge, but with measurable actions and talented, innovative people working towards this goal, we will get there.
Emirates NBD took the lead in the region in offering carbon future contracts trading, fulfilling growing demand from corporations to manage their carbon emissions offsetting and align with the UAE’s Net Zero 2050 action plan.
OMERS’ portfolio also includes several crude oil and gas ventures, though the pension fund has promised to reach net-zero emissions across its investments by the distant year of 2050. billion investing giant has a tendency to talk out of both sides of its mouth. million or so in venture dollars and government grants.
The net result is that queries are more efficient and run for shorter durations, while storage costs and energy consumption are reduced. Net Zero Commitment: Cloudera has committed to reducing carbon emissions and reaching Net Zero by 2050.
The global real estate sector needs to act now if it is to halve its emissions by 2030 and meet the net zero target by 2050. Some existing investors are also putting more money on the table, such as Hi Inov and Statkraft Ventures. This represents a huge market opportunity for Deepki.
Another is decarbonization and ZEBOX is looking at alternative fuels, net zero energy, asset recovery, green infrastructure, emissions tracking and reporting and sustainable warehousing and distribution. This is an especially critical area for CMA CGM Group, since its goal is to reach net zero carbon by 2050.
The energy and utilities sectors are also poised for transformation, with sustainability initiatives such as Saudi Arabias Vision 2030 and the UAEs Net Zero 2050 fueling investments in smart grids, renewable energy, and AI-driven efficiency solutions.
Energy Information Administration forecasts 47% higher global energy demand by 2050. [1] 2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] 1] What is changing is where energy will be sourced in the coming years.
There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050. The business is one of the lynchpins in the Norwegian government’s efforts to capture and store carbon emissions safely underground under a plan called The Longship Project.
As part of this transition, the company is aiming for a net-zero carbon footprint by 2050. One of the oldest and largest oil and gas companies in the world, bp is in the midst of a major transition as it pivots toward becoming an integrated energy company.
Spending on getting the world’s real estate to net zero will require $1.7 trillion every year between now and 2050, according to McKinsey. “Those that survive will have an opportunity to expand market share.”. And the potential market is enormous.
According to reports, Africa will be home to the second most vehicle owners in the world by 2050, at 400 million vehicles, spending over $1,000 annually on vehicle parts. YC W22 batch nets 24 African startups, including 18 from Nigeria. That’s a vast market where YC hopes Garage Mobility can be a dominant player in years to come.
But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. If Jeff Bezos walks into a bar with 100 people, suddenly, on average, the net worth of each individual in that bar is over a billion dollars. Is that useful? No — averages hide true insights.”.
trillion per year investment gap in renewable infrastructure that is required in order to meet our net zero targets by 2050. This, Banyan hopes, will enable its customers to rapidly grow their sustainable infrastructure portfolio and help to close the estimated $3.5
We also have the goal of having net zero emissions by 2050, an objective that we’re capable of achieving, depending on the speed of our clients in their energy transition.” To achieve this, the company uses solutions from SAP, Salesforce, Microsoft, and Siemens, among others. “We
And by 2033, the same study predicts that AI solutions will result in more than half a billion net new human jobs. The businesses of 2040 or 2050 will have more in common with the operating models built for 2030 than they will with those in 2020. You can’t run the enterprise of tomorrow with yesterday’s operating model.
Strengthened our plan to reach net zero greenhouse gas emissions across scopes 1, 2, and 3 by 2050 by increasing the level of ambition of our scope 3 goals.
Instrat : Another progressive think tank — this one based in Poland and focused on the local energy sector using open energy data to drive policy debate and a just transition to net zero. 5 areas where VCs can play an outsized role in addressing climate change.
company’s carbon footprint to reach Paris Accord goals by 2050. The energy sector as a whole on average is targeting to become net-zero emissions in the 2031-2035 time frame. The Farseer and AMART program, which kicked off in July 2022, generated $3.4 million in its first year, contributed a $5.5
In fact, more than 3,200 companies have set science-based carbon targets , and thousands of companies from around the world are pledging to reach net-zero emissions by either 2040 or 2050.
Its high time we accepted the reality that climate diplomacy wont succeed in getting us to net-zero. And the problem will only get worse, with population growth and urbanization expected to lead to $187 trillion of spending on the construction of new buildings from 2020-2050.
Dell’s sustainability commitments At Dell, advancing sustainability is at the core of everything it does, with strong goals and commitments , including: [ 2] Climate action: By 2050, Dell will reach net-zero greenhouse gas emissions across Scopes 1, 2, and 3.
Australian businesses need to transition to sustainable IT solutions to support these emerging technologies while staying in line with Australia’s new commitment to an emissions reduction target of 43 per cent and net zero emissions by 2050.
We’ve all heard about Net Zero objectives. Though at the national and international scales many kinds of laws and resolutions have been adopted to this end, there is unanimous agreement within the scientific community that cutting our carbon emissions to as close to zero as possible by 2050 is the target we should strive towards.
IATA and its members committed to go net zero by 2050, which sounds great, but the problem is that the amount of air traffic is forecasted to be more than 3 times greater by that time. IATA commits to halve emissions by 2050. IATA commits to net zero. So how does carbon offsetting actually work for airlines? They include.
Based on current trends, the International Renewable Energy Agency (IRENA) estimated that by 2050 only 20 percent of total commercial and industrial electricity demand will be addressed by renewable energy sourcing. Problem: this leaves a 65-percentage-point gap to fill to reach Paris Agreement targets. C or even 2°C will be beyond reach.
trillion by 2050. He leads the Net Positive initiative working with industry thought leaders, as well as initiatives for double materiality and Generative AI for sustainability. He works closely with global executives to accelerate their net-zero transition through enhanced climate risk modeling. trillion and $3.1
Achieving Net Zero aviation will need rapid innovation. Digital engineering can deliver it Capgemini Engineering 16 Feb 2023 Facebook Twitter Linkedin The aviation industry is committed to net zero emissions by 2050. The post Achieving Net Zero aviation will need rapid innovation.
“The beauty of [our approach] is if you scale it up across the tonnage that’s been processed in the world today it’s a very scalable business model — if we were to just focus on this data-as-a-service business but our ambitions don’t stop there,” says Stocker.
Facebook Twitter Linkedin 90% decarbonization is the only path to science-based net zero, so that’s the target Capgemini has set itself. C-aligned corporate net zero targets. C-aligned corporate net zero targets. And what does this mean for Capgemini’s net zero approach? We’re reducing our total carbon emissions by 90%.
In turn, MTN’s new capabilities to better utilize and analyze performance data have made improvements that increase cell coverage and its Net Promoter Score while decreasing customer turnover and drop calls. This has led to a significant increase in upsell, cross-sell, and subscriber retention for the business. People First . Data for Good.
Environment: working towards sustainability goals with Fly Net Zero, SAF, and offsets. In 2021, IATA member airlines signed a resolution committing to achieve net-zero carbon emissions from their operations by 2050. To reach this ambitious target, IATA developed a strategy that involves a combination of methods.
Countries worldwide have pledged to reduce their energy usage and reach net-zero energy targets by 2050. The push to clean up the built environment has spawned a lot of policy, as well as overlapping acronyms, including net-zero energy buildings (nZEBs) and zero-emission buildings (ZEBs).
That’s a whole lot of potential mouths to feed; seafood consumption is poised to nearly double by 2050, per researchers at Stanford. Another part of me just can’t get over how fantastically bleak it is to essentially enable people to sell a part of their future net worth to investors. – Harri Weber. – Haje Kamps.
The company’s net loss in the second quarter came to $22.6 Vertical Aerospace reported a net operating loss of £22 million for the second quarter. Ford reached a deal with DTE Energy to power its electricity supply in Michigan with clean energy, a step toward its goal to become carbon neutral by 2050. million, compared to $13.5
When combined with the integration of renewable energy sources like wind and solar, sustainable computing streamlines the transition toward net-zero emissions goals. Extreme wildfires are predicted to increase 14% by 2030 and 30% by 2050 6. In optimized data centers, accelerated computing powers AI training and inference.
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