 |
Salesforce to lobby for new rules on AI’s environmental impact - Greenbiz (Apr 22) |
|
Apr 22 · Computing uses up to 3 percent of global power consumption and AI could triple that, the company believes.
The Salesforce Tower in New York City. Image via Shutterstock/Arnett Murry
Salesforce will begin lobbying for new regulations requiring companies to disclose emissions data and efficiency standards for artificial intelligence.
The company announced the move Monday as part of its new "Sustainable AI Policy Priorities." It has previously published positions on ethics and equity related to AI, as have other big tech companies including Amazon, Google and Microsoft.
Salesforce’s new policy comes amid growing concern over the amount of electricity required to ... | By Heather Clancy Read more ...
|
|
|
|
|
|
Cutting carbon by 'electrifying everything’ - Greenbiz (Apr 21) |
|
Apr 21 · Sponsored: Electrifying infrastructure is an investment in the future. From buildings to vehicles, electrification can be done with technology we have right now.
Siemens collaborates with Ford on customized electric vehicle charger for All-Electric F-150 Lightning Retail customers. Image courtesy of Siemens.
Siemens.
Across the United States, we are witnessing the transition to the "electrification of everything" to support the decarbonization of our environment. The technology to accomplish a fully electric transformation is already available - from electrifying buildings and vehicles to navigating the impact to the grid. But if we are going to address climate ... | By Matt Helgeson Read more ...
|
|
|
|
The week in climate policy: 4 updates you need to know - Greenbiz (Apr 19) |
|
Apr 19 · Permitting reform holds up renewable energy transmission in the West; the EU is getting serious about ocean conservation.
A fish swimming next to plastic pollution in the ocean. Photo: Shutterstock/Rich Carey
[Continue the conversation on climate policy at Circularity 24 (May 22-24, Chicago), the leading conference for professionals building the circular economy.] | By Leah Garden Read more ...
|
|
|
|
Here’s how Apple has cut its emissions 55% since 2015 - Greenbiz (Apr 18) |
|
Apr 18 · The company aims for a 75 percent reduction by 2030.
Apple suppliers sourced approximately 25.5 million megawatt-hours of clean electricity in fiscal year 2023, which avoided more than 18.5 million metric tons of greenhouse gas emissions. Source: Apple
Apple has reduced its greenhouse gas emissions by 55 percent since 2015, an achievement made possible largely because of its successful work to convince manufacturing partners to use renewable energy for Apple-related production.
For 2015, its baseline year, Apple reported 38.4 million metric tons of carbon dioxide equivalent across Scopes 1-3. That number is now 16.1 million metric tons of emissions, according to ... | By Heather Clancy Read more ...
|
|
|
|
How SBTi’s shift on Scope 3 rules will affect carbon markets - Greenbiz (Apr 18) |
|
Apr 18 · 4 possible outcomes of the proposed flexibility on carbon credits.
At the heart of the debate lies a fundamental question about how to advance global decarbonization. Source: metamorworks via Shutterstock
On April 9, the board of trustees of the Science Based Targets initiative (SBTi) announced forthcoming updates to its net zero standard, proposing to allow the use of some environmental attribute certificates (EACs), including carbon credits, towards Scope 3 abatement. Since then, climate watchdogs both within and beyond SBTi have hotly debated whether the new flexibility will maintain best practices in corporate climate action. At the heart of the debate is the role of ... | By Margaret Morales Read more ...
|
|
|
|
Supreme Court: Companies can’t be sued for not disclosing climate risk - Greenbiz (Apr 18) |
|
Apr 18 · As the SEC struggles to enforce new corporate climate disclosures, the high court grants companies even more wiggle room.
A judge's gavel. Photo: Shutterstock/Atthapon Niyom
The U.S. Supreme Court unanimously ruled shareholders cannot sue companies for securities fraud when they fail to disclose information about future risks, unless the omission made their statements deliberately misleading.
The decision benefits companies by allowing them more leeway to pick and choose what they disclose to investors. If a company is silent about a risk it faces, it cannot be sued, the court said. But if a company makes a statement that is misleading because it omits information ... | By Leah Garden Read more ...
|
|
|
|
Demystifying low carbon steel manufacturing - Greenbiz (Apr 17) |
|
Apr 17 · Sponsored: The challenge of decarbonizing heavy industry is significant. But “hard-to-abate” can be conquered with the right mix of approaches - and mindset.
Steel coils at U. S. Steel’s Big River Steel facility in Osceoloa, Arkansas. Image courtesy of U. S. Steel.
This article is sponsored by U. S. Steel.
When I worked at Dell, I often felt I was on the front line of making an essential industry more sustainable. During my tenure of over a decade, we collaborated across functions to increase the percentage of recycled materials in our products, boost our recovery of used electronics and transition our production capability to rely more on renewable energy. But ... | By Erika Chan Read more ...
|
|
|
|
Scaling the value hill: How to incorporate circular economy practices into the building sector - Greenbiz (Apr 17) |
|
Apr 17 · The business opportunity to convert building sector waste into valuable resources promises hundreds of billions of net profit gains.
The French firm Saint-Gobain has become a leader in applying circular economy practices in the building sector. Source: Jean Lucichard via Shutterstock
More than 90 percent of all materials extracted and used in industrial processes are wasted, according to the World Green Building Council. The business opportunity to convert that waste into valuable resources is huge. Applying the circular economy to the building sector, for example, has "the potential to yield an annual net profit gain of $31-46 billion by 2030 and $234-360 billion by ... | By James Ball Read more ...
|
|
|
|
What ESG investors need to know about 'systems-level investing’ - Greenbiz (Apr 17) |
|
Apr 17 · ESG can measure risks to cash flows, but 'systems-level investing’ offers a more complete view of where corporations might be vulnerable over the long term.
ESG analysis helps investors consider how environmental, social and governance factors could affect long-term corporate value.
For large, institutional investors such as asset managers or pension funds, which own a slice of the entire economy and can’t diversify away from system-wide risks, that may not be enough. That’s why more are leaning into "systems-level investing," an approach that aims to generate superior long-term, risk-adjusted returns by studying the complex systems that drive economic and financial ... | By Grant Harrison Read more ...
|
|