SAP Launches SAP Green Ledger, a Carbon Accounting and Reporting System
Integrated Carbon Accounting: Links emissions data directly to financial transactions for precise tracking and reporting. Regulatory Compliance: Helps businesses meet evolving standards like EU CSRD and prepare for future regulations. Sustainability Innovation: Drives decision-making to reduce emissions, optimize costs, and achieve net-zero goals. SAP has announced the global availability of SAP Green Ledger, a cutting-edge […]
DOE Grants $9.63B Loan to BlueOval SK for U.S. EV Battery Plants
Boosting EV Manufacturing: $9.63B loan funds three U.S. battery plants, producing 120 GWh annually. Job Creation: Over 12,500 jobs, including 7,500 operations roles, created by BlueOval SK facilities. EV Market Leadership: Advances U.S. goals for domestic EV production and global competitiveness. The Department of Energy (DOE) has approved its largest-ever loan of $9.63 billion to […]
Google’s DeepMind GenCast Predicts Weather More Accurately Than Current Leading System
20% More Accurate Predictions: GenCast outperforms the world-leading ENS system in forecasting day-to-day and extreme weather events. Faster and Cost-Effective Forecasts: AI technology generates a 15-day forecast in 8 minutes, compared to hours on supercomputers. Improved Extreme Weather Tracking: Enhanced accuracy for cyclones, hurricanes, and renewable energy planning. Google DeepMind’s latest AI weather forecasting model, […]
ESMA Pushes for Digitalized Sustainability and Financial Disclosures by 2025
Streamlined Reporting: Proposals aim to simplify sustainability and financial disclosures using a phased digital approach. Investor Access: Integrated data will enhance investment strategies via the European Single Access Point (ESAP). Implementation Timeline: Full adoption of new standards expected by Q3 2025. The European Securities and Markets Authority (ESMA) has launched a consultation to gather input […]
EU Mandates 100% Recyclable Packaging by 2030
Mandatory recycling targets: Single-use plastic bottles must reach 65% recycled content by 2040. Single-use plastic bans: Restrictions on small plastic items in hospitality, retail, and food sectors. Re-use obligations: Binding targets for re-use across multiple packaging types by 2030. The News: The European Union has finalized ambitious regulations requiring all packaging to be 100% recyclable […]
