CSRD will impact over 50.000 companies in the EU. Under the CSRD, companies will need to include detailed ESG data in their annual reports in line with the European Sustainability Reporting Standards (ESRS). How can we make CSRD reporting easier and more robust? Because of its complexity, new software may be needed.
Biomass use is a major opportunity and has three main applications: First, for production of biofuels, second, to develop the bio methane industry, and third, for high temperature processes as steel production. Brazil as a leader in the use of biomass, is well-positioned to become the world’s largest sustainable fuel producer.
Supply chain leaders and Chief Supply Chain Officers (CSCOs) are set to benefit from numerous exciting advancements in technology, providing them with opportunities to support new business models, augment and automate decision making, and foster ecosystem collaboration. But what makes Global Supply Chains successful in 2024? What are the main success drivers?
Over 90% of a business’s greenhouse emissions stem from its supply chain network. Managing supply chain sustainability, therefore, is pivotal in reducing the organisation’s carbon footprint. Sustainable supplier management works to identify and mitigate sources of risk throughout the supply base and helps you drive your sustainability efforts.
Even the sturdiest supply chains are vulnerable to seismic shocks, whether due to groundbreaking technological advancements, geopolitical shifts, or global crises. Amid these sources of turbulence, artificial intelligence (AI) can be a game-changer, offering a source of rapid response and sustainable solutions to keep supply chains strong.
Sustainability considerations are now at the top of the corporate agenda for organizations of all sizes. Though data collection and reporting may be the first steps in a company’s journey to improve ESG performance, the value is derived from how that data is analyzed and used to inform strategy. So, how to make ESG compliance your competitive edge?
Financial returns are the number one priority for investors, but they don’t necessarily see ESG practices and financial returns as a trade-off. Morgan Stanly found in its yearly survey among investors. Strong ESG practices can potentially lead to higher returns and make for better longer- term investments.
Global trade of low-carbon hydrogen plays a vital role in driving global decarbonization, especially in transport and heavy industry sectors. However, volumes are currently held back by a variety of reasons. The looming supply shortage of green hydrogen has major global implications to limit the global temperature rise to 2°C.
Logistics, transportation, and supply chain professionals routinely navigate industry trends, challenges and opportunities. While many predict more of the same, additional issues are rising to the forefront. So, new supplychain priorities 2024 but have things really changed?
Danish renewable energy company Orsted lost a quarter of its market value Wednesday August 30, after warning of hefty impairments related to three wind projects off the east coast of the U.S., adding further pressure to an industry hit by surging costs and supply delays. Will the wind continue to blow the wrong way for wind energy companies?