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Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.
Decarbonising transportation through electrification is critical to helping companies and economies meet net-zero emissions targets. Fortunately, three forces are combining to make this vision for sustainabletransportation a reality: connectivity, digitalisation, and cross-sector collaboration.
As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Some others in the space that diversified into other areas like food delivery or other kinds of transport (e.g.
The company is driving change in the industry through the open sourcing of materials for others to benefit, and in doing so, is becoming the industry’s standard bearer on sustainability practices. Sustainable companies are most likely to lead the next generation. The fashion industry alone dumps 2.1
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.
At the same time, the importance of environmental, social, and governance (ESG) policies has become a boardroom topic, with sustainability concerns leading the way in many geographies. This presents a critical sustainability challenge. To find out about Intel’s commitment to a sustainable future, visit intel.com/sustainability.
Industry dynamics around sustainability are constantly evolving, which makes them tough to navigate, with few guidelines, little oversight, and conflicting opinions on the “right approach” to climate action. energy), transportation, and end of life over a period of four years.
“You don’t have to transport it… You can’t liquefy it… You don’t have to worry about transporting it because it’s a low-density fuel… It’s a mess… If you make it on site all of those challenges go away… We think infrastructure is going to be fine.” It will also require government intervention.
When people talk about hydrogen these days, they almost always mention transportation. But from a practical perspective, transportation is not a great use for hydrogen. Hydrogen is really terrible to store and to transport,” said Chad Mason, founder and CEO of Advanced Ionics.
At the recent UN Climate Change Conference (COP28), Huawei and e& announced the inauguration of the region’s ground-breaking net-zero 5G massive MIMO site, setting new benchmarks in sustainability and technological innovation. Massive MIMO technology, the cornerstone of 5G, improves capacity, coverage and user experience.
“Of course, I am OK to help our clients make more sustainable choices, but that is not what they expect of us, and I don’t feel equipped to have this kind of conversation with them.” This kind of objection should resonate with anyone who has embarked on the transition to net zero. Sound familiar? But that’s not enough.
Sustainability is a major priority in business boardrooms already, and pressures from regulators, shareholders, board members and employees are likely to further drive this trend. Due to the complexity and scale of the challenge, not all businesses have the resources to move toward net-zero at the necessary pace, and many are lagging.
Indeed, here’s the company’s CFO in its most recent earnings call , discussing its recent performance: We remain on track to turn the EBITDA profitable in 2021, and we are confident that Uber can deliver sustained strong top-line growth as we move past the pandemic.
Organizations are facing ever-increasing requirements for sustainability goals alongside environmental, social, and governance (ESG) practices. survey revealed that 87 percent of business leaders expect to increase their organization’s investment in sustainability over the next years. A Gartner, Inc.
Northern Lights was incorporated in March as a joint venture between Equinor, Shell and Total to provide processing, transportation and underground sequestration services for captured carbon dioxide emissions. There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050.
LanzaJet claims that it can help the aviation industry reach net-zero emissions, something that would go a long way toward helping the world meet the emissions reductions targets set in the Paris Agreement. 4 sustainable industries where founders and VCs can see green by going green. The strategic fit with LanzaJet is exciting.”
As a greater share of the transportation market becomes electrified, companies have started to grapple with how to dispose of the thousands of tons of used electric vehicle batteries that are expected to come off the roads by the end of the decade. “So Giving EV batteries a second life for sustainability and profit.
In aggregate, Lucid is net down a fraction today as of the time of writing. For its part, working with Lucid helps Saudi Arabia’s goal of transforming and diversifying its economy by developing sustainable energy and transportation. billion, and a GAAP net loss of $4.75 to its per-share value.
We look forward to continuing to serve our customers and making sustainable mobility a reality in Uganda,” he said. The project also aligns with global efforts to improve air quality and to achieve net-zero emissions by mid-century.”. Other players include Kenya’s Opibus, which is set to start mass production of motorcycles next year.
I see it as a net positive that I don’t think there’s enough capital that we could put towards this to really find the underlying true issues here. Electrification is a global trend in transportation, power generation, and elsewhere. You want to make sure that things you’re investing in are a net positive.
Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much transportation contributes to the burning of fossil fuels and thought that would be a good place to start. “We came up with a vision to integrate solar on every vehicle and thought, Okay, what do we need for that?”
The pair has backed some intriguing, sustainability-focused firms such as mushroom leather startup MycoWorks , yet BlackRock also recently pledged to “continue to invest in and support fossil fuel companies.” Decarbonization Partners, for example, is a joint venture between BlackRock and Temasek.
It has been almost a year since Capgemini announced our new ambitious sustainability targets to achieve carbon neutrality across our operations no later than 2025, and to become a net zero business by 2030. At the center of our sustainable revolution is leadership, authenticity, and transparency. And what a year it has been.
Overview: The Challenge The challenge was to create a new workstation solution that enhances the developers’ experience, modernizes how work is done by using a cloud-based Integrated Development Environment (IDE), and increases sustainable workloads while adhering to the highest security standards compared to developing locally.
Truck OEMs and sustainability: realizing the ambition Fredrik Almhöjd 21 Apr 2023 Facebook Linkedin Net zero targets are a great start, but many commercial vehicle manufacturers have yet to put together a credible strategy for reaching them. In subsequent articles, I’ll delve deeper into some key aspects of this topic.
Its high time we accepted the reality that climate diplomacy wont succeed in getting us to net-zero. Instead, we need to focus on investing time, energy and resources into solutions that actually deliver a more sustainable economy. Gregory Dewerpe of Noa Misguided politicians and climate fanatics cant save our planet.
For example, a real estate project of 100,000 square feet could net $1 million in add-on revenues over five years from digital twin-related services, and nearly 80% of an asset’s lifetime value is realized in operations. Over time, these subscription-based services could add a significant amount to the original sale price.
. “Even with our cost-control focus, we are investing effectively and efficiently in talent, advertising, marketing, and R&D to sustain our pace of expansion.”. million from $18 million in Q1, but Helbiz’s net loss of $19.7 Helbiz’s operating expenses did decrease slightly QoQ, but at $20.8
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] As high-capacity, ultra‑low‑latency data communication is needed to transport data from edge to core and back, CSPs have an opportunity to service the energy sector with innovative 5G offerings.
That’s the question we set out to explore, with an eye to gauging investors’ tolerance threshold when waiting for a public company to produce net income. One of the more recent entrants into the now-profitable club is Uber , which went public in 2018 and posted its first annual net income in 2023. Here’s what we found.
Point solutions focused on a very particular issue or a specific sector are already somewhat mature, says Marsha Reppy, leader of the Americas’ Sustainability Technology Consulting practice at EY. For some, compliance with the EU’s new Corporate Sustainability Reporting Directive (CSRD) will be the top priority driving decision-making.
It reported a net loss of $27 million, or $0.12 The company posted an operating loss of $19.2 million in the first quarter quarter. General and administrative costs accounted for much of that, at $15.1 million, while R&D ate up another $4.1
Scheduled air transportation with its 13,307 restrictions was ranked 6th, closely followed by – surprisingly – the fishing industry (for the record: The first, prize-winning positions were given to petroleum manufacturing and electric power generation). help achieve sustainability goals. Someone has to be in control. What is IATA?
And some workers don’t want to waste time stuck on congested highways or public transportation now that they’ve learned to work remotely. What drove the company’s hugely unprofitable revenues and resulting net losses? That could change in the coming months as more people get vaccinated and the infection rate begins to drop in the U.S.
Those services also reflect ODC-Noord’s commitment to reduce its carbon emissions to net zero by 2030 and to serve as a partner who can help government agencies further their own sustainability goals. And of course, there are myriad small steps we take each day, from recycling in our offices to promoting public transportation.
These challenges include the lasting impacts of the pandemic, difficulties in production caused by ongoing supply chain and manufacturing issues, geopolitical and economic concerns, and the urgent need to implement a strong sustainability strategy. It takes collective thinking to develop and implement a connected A&D strategy.
In addition, as a part of sustainability initiatives, at least half of leading supply chains are expected to achieve net-zero carbon emissions through green initiatives and circular economy practices by 2030. With deep expertise in transportation and logistics, Trigent can also provide comprehensive support for route optimization.
This includes BMW, with its autonomous and electric Vision iNEXT crossover ; Mercedes-Benz, presenting the very futuristic-looking Vision Urbanetic “self-driving transportation solution;” and Nissan, introducing the longer-range Nissan Leaf Plus , which can run for up to 226 miles between charges.
While B2B scenarios might differ, in the B2C model, transportation is usually arranged by the retailer with customers having a choice of drop-off options. transportation expenses (to deliver items, to send them back, and in case of exchange, to redeliver); repair costs; labor payments for processing returns, quality testing, restocking, etc.;
Finally, as Theranos demonstrated so vividly, it is harder to sustain a hype balloon in a scientific enterprise than in many of the markets where Silicon Valley has prospered. billion for the trailing nine months, on which it had a net loss of $149 million. Many Silicon Valley investors have been lucky rather than smart.
The lack of transparency, efficiency, and sustainability in real estate today is more a rule than an exception. parks and restaurants), and transportation networks. This usually involved gathering market and property information, socio-economic data about a city on a zip code level and information regarding access to amenities (e.g.,
With its easy access, excellent links to public transport and the airport, and more than 4,500 hotel rooms in its immediate vicinity, the CCIB is a first class reference point within the business tourism sector. Carola regularly speaks at conferences, writes articles and has published a book on the topic of Sustainable Software Architecture.
What is sustainable travel? Sustainable or eco-travel is a way of managing travel activities so that the natural environment is preserved and supported. Three pillars of sustainability. The concept of sustainability encompasses three interrelated categories: social, economic, and environmental.
Organizations are under pressure to demonstrate commitment to an actionable sustainability strategy to meet regulatory obligations and to build positive market sentiment. We examine the opportunity to lead both risk mitigation and value creation by helping advance the enterprise sustainability strategy.
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