#ClimateTech

[ecodrisil]

Ecodrisil is excited to be part of GITEX Impact 2024 — where innovation meets sustainability! Join us as we showcase our cutting-edge solutions for driving a sustainable future.

📍 Dubai Harbour 🏢 Hall 9, Stand No: C-62

Don’t miss out on this opportunity to see how Ecodrisil’s ESG Xpress platform is shaping the future of ESG reporting! We can’t wait to meet you there! 🙌

[beststartupstory]

[makemydayapp]

The #EU accounts for nearly 35% of global #roadtransport emissions and is projected to become the second-largest #emitter this year, with emissions reaching 0.98 gigatons of #CO2! Across the EU, #Germany is the biggest #EU#transportation sector emitter!

Emissions of #greenhouse gases are falling in Europe – but not in the transport sector... That is the reason why efforts to #decarbonize road transport remain crucial for mitigating #climatechange and improving #airquality. 🌍🚗

Our latest #video illustrates how Make My Day is addressing and mitigating these elevated levels of transport CO2 emissions through innovative technology, and takes part in the European Commission's path to decarbonization.

[verdantis]

Mastering Material Data Management: A Cornerstone for Sustainable Decision-Making in Green Finance

In today's world, sustainability isn't just a buzzword - it's a driving force for businesses and investors alike. And at the heart of it all lies ESG data. This critical information paints a picture of a company's environmental, social, and governance performance, but gathering it can be a real challenge.

Imagine sifting through mountains of spreadsheets, deciphering cryptic reports, and chasing down data scattered across departments. It's enough to give even the most sustainability-minded individual a headache.

That's where Master Data Management (MDM) steps in, playing a crucial role in ensuring accurate, reliable, and consistent ESG reporting.

Understanding ESG Data:

At the heart of sustainable finance lies ESG data, providing information about a company or investment's environmental, social, and governance (ESG) attributes. This data is used by a wide range of stakeholders, including investors, analysts, companies, policymakers, and more, to understand and make informed decisions about business effectiveness, risk, and sustainability.

Sustainable data management is the responsible management and handling of data throughout its lifecycle. This includes the collection, processing, storage, and disposal of data. Sustainable data management aims to minimize the environmental impact of data management practices, reduce energy consumption, and optimize the use of resources. Sustainable data management also focuses on ensuring that data is used in a socially responsible and ethical way.

Why is Sustainable Data Management Important?

Sustainable data management is essential for several reasons. Firstly, it helps to minimize the environmental impact of data management practices. Data centres and other IT infrastructure consume significant amounts of energy and produce a considerable amount of carbon emissions. Sustainable data management practices aim to reduce energy consumption and carbon emissions by optimizing data centre design, improving energy efficiency, and using renewable energy sources.

88% of publicly traded companies have ESG initiatives in place followed by 79% of venture and private equity-backed companies and 67% of privately-owned companies. (Src:Navex)

Data Collection for ESG Reporting

ESG reporting demands transparency on a company's environmental, social, and governance practices. The first step is choosing the relevant metrics based on your industry, reporting framework (e.g., GRI, SASB, TCFD), and stakeholder interests.

Each framework defines specific metrics for different ESG categories like:

Environment: Greenhouse gas emissions, water usage, waste generation, resource consumption, etc.

Social: Labor practices, diversity and inclusion, employee health and safety, community engagement, etc.

Governance: Board composition, executive compensation, shareholder rights, anti-corruption practices, etc.

Gathering the data to tell this story is crucial, but it can be a complex process. Once the metrics are identified, you need to gather data from various sources:

Internal Data: This includes energy consumption, waste generation, employee diversity, community engagement, and governance policies. Data may reside in various systems like energy meters, HR databases, and financial records, etc.

External Data: Suppliers, industry groups, and governmental agencies provide data on things like raw material sourcing, labor practices, and regulatory compliance, etc.

Prioritizing your Data Collection with Double Materiality

Before diving into data mountains, it's crucial to define your Everest. Enter double materiality, the guiding compass for prioritizing the most impactful ESG and sustainability data your organization needs to collect.

Double materiality emphasizes matters that are significant:

From an ESG perspective: How your operations and actions affect the environment, society, and governance.

From a financial perspective: How ESG issues can impact your business risks and opportunities.

Think of it like Venn diagram of "sustainability is good for the planet" and "sustainability is good for business." The overlapping area forms your double materiality sweet spot, focusing data collection efforts on topics that matter most, both ethically and economically.

Practically, focus your data collection laser! By identifying the most critical ESG topics and risks, you ensure your efforts aren't scattered. Take for example the rising threat of extreme weather events for an energy and utility company – a double materiality double whammy for both sustainability and the bottom line! Now, let's turn the screws: what are the key climate risk data points and KPIs this company needs to track? Where's this data hiding, internally or externally? And how can they grab it efficiently? Prioritization isn't just about sorting – it's about taking targeted action for maximum impact.

The Challenges of Data Cleansing and Management:

Gathering the valuable information isn't always a picnic. Here are some common hurdles:

Data Silos: ESG data often gets trapped in isolated pockets across different departments and systems.

Inconsistent Formats: Metrics may be measured and reported differently, making comparisons difficult.

Data Quality Issues: Missing or inaccurate data can undermine the entire reporting process.

Lack of Resources: Companies may struggle to dedicate time and expertise to data collection.

Inaccurate or missing data can undermine the credibility of your ESG report. MMDM solution providers like Verdantis offers data cleansing, validation, and enrichment tools, enhancing data quality and minimizing errors.

Your ESG materiality should be a mirror reflecting your unique identity, values, and business model. Sustainability and ESG initiatives should build upon this foundation, not replace it.

By prioritizing data management, you ensure your focus remains on the issues that truly matter, driving both environmental progress and financial success.

MDM: The Powerhouse for ESG Data:

As ESG reporting requires accurate and comprehensive data across multiple dimensions, MDM provides the necessary framework to ensure data integrity and consistency.

MDM (Master Data Management) provides the foundation for effective management of ESG data, offering several key benefits:

Single Source of Truth: MDM establishes a single, centralized repository for all ESG data, eliminating inconsistencies and streamlining access for various stakeholders.

Data Quality and Integrity: MDM ensures data accuracy, completeness, and consistency, mitigating risks associated with poor data quality.

Improved Reporting and Compliance: By centralizing and standardizing ESG data, MDM facilitates efficient reporting and compliance with evolving ESG regulations.

Enhanced Decision-Making: Accurate and reliable ESG data empowers companies to make informed decisions about sustainable investments, operations, and stakeholder engagement.

Planting the Seeds for a Sustainable Future:

In our data-driven future, sustainable finance practices are no longer optional but imperative. Robust Master Data Management (MDM) solutions like Verdantis unlock the full potential of ESG data, fostering informed decision-making and transparency. Empower your organization in sustainable finance with MDM, navigating the complex financial landscape one well-governed data point at a time.

Mastering material data management is not just a business necessity but a strategic advantage in our evolving world. Prioritizing accurate material data helps companies navigate green finance, meet ESG standards, and reduce carbon footprints. Integrating sustainability into core decision-making processes contributes to a more resilient and environmentally conscious global economy.

To embark on a data led ESG strategy, organizations require internal support and guidance from consulting partners like Verdantis to craft a blueprint. Considering the vast amount of data involved, the right technology becomes essential.

Remember, MDM is not just about managing data, it's about managing your organization's journey towards a sustainable and responsible future.

Get In Touch Today To Embrace A Sustainable Future: info@verdantis.com/

www.verdantis.com/contact

[rajanmalvankar]

(via Greening the Planet: How ClimateTech is Powering a Sustainable Future)

[atompowers]

"Clean energy is a portal to another world that is not only possible, but is happening: a better, healthier, feel-good future we get to make happen."

Read the whole interview I did with Clean Energy 4 America:

Don't forget to check out all these other gorgeous faces of clean energy across cleantech and climate action spaces, from political advocacy, environmental justice, manufacturing, solar, wind batteries, and more:

[ko-solar]

Why This Matters? - Ko-Solar’s highway/railway solar noise barrier technologies effectively utilize the right-of-way (ROW) with solar energy to generate clean, sustainable energy and create funds for the local governments. (Image is © and TM)

[jpmellojr]

MBA Grads With Startup Ambitions Embrace Health Care, AI

The class of 2023 from two of the nation’s most prominent business schools founded nearly 100 startups, according to data released by an international software design and development firm. https://jpmellojr.blogspot.com/2023/08/mba-grads-with-startup-ambitions.html

[trendstorm]

The Mystery of Rain | How Turbulence Shapes Our Weather

https://www.youtube.com/watch?v=_WvDy2vlqO4 Understanding how rain forms is crucial for improving weather and climate predictions. In this video, we explore groundbreaking research by the NSF National Center for Atmospheric Research (NCAR) that reveals how turbulence in clouds speeds up rain formation. By using advanced computer models and data from NASA’s field campaigns, scientists have uncovered key insights that could revolutionize weather forecasting. Dive into this exciting discovery and learn how it could lead to more accurate climate projections, better preparing us for the future. Source: National Center for Atmospheric Research. #atmosphericscience #meteorology #rain #weather #trendstorm #weatherscience #climatechange #rainforcast #turbulence #weatherforecasting #cumulusclouds #raindropscreation #environmentalscience #clouds #earthscience #nasaresearch #NSFScience #cloudformation #weatheranalysis #precipitation #weatherpatterns #hydrology #weathertech #earthatmosphere #weatherdata #environmentalresearch #scientificbreakthroughs #climatetech #computersimulation How does turbulence affect rain formation? The role of turbulence in weather prediction Understanding rain formation bottleneck Rain and cloud turbulence explained How do clouds form rain? Turbulence in cumulus clouds Advanced computer models for weather NASA's role in studying cloud formation The mystery of raindrop formation Rain formation and weather forecasting How does turbulence speed up rain? Cumulus clouds and turbulence The science behind rain initiation How weather models predict rain The impact of cloud condensation nuclei How do droplets turn into rain? NSF NCAR rain study Turbulence and rainwater mass The importance of turbulence in weather How computer simulations enhance forecasts NASA field campaign on rain formation How are raindrops formed in clouds? Turbulence's effect on cloud droplets Predicting rain with advanced models The physics of rain formation How weather models are improved Turbulence and rainfall amounts Rain formation in cumulus congestus clouds The role of turbulence in climate models Understanding cloud dynamics How turbulence impacts weather systems The science of droplet coalescence The future of weather forecasting How cloud particles affect rainfall Rainfall prediction and turbulence Turbulence's role in weather patterns Exploring cloud formation processes The connection between turbulence and rain High-resolution weather simulations The role of NASA in studying rain Understanding rain through computer models The process of raindrop growth Turbulence in atmospheric research Rain formation in different cloud types How clouds produce rain The science behind rain initiation Turbulence's impact on weather models How computer models predict rainfall The evolution of raindrops The significance of cloud condensation nuclei How turbulence influences weather forecasts The role of turbulence in the atmosphere The mystery behind rain formation Predicting rain with advanced simulations The relationship between clouds and rain How turbulence affects raindrop size The science of weather prediction Understanding cloud condensation nuclei The role of NSF NCAR in weather research Rain formation in turbulent clouds How weather models simulate rain The connection between turbulence and rainfall Exploring rain formation in clouds The impact of turbulence on weather systems Advanced simulations in weather research Understanding the rain formation bottleneck The science behind cloud and rain interaction Predicting rain with turbulence models How raindrops form in the atmosphere The physics of cloud and rain formation via Trend Storm https://www.youtube.com/channel/UCF1F2JAMftAe2z2hl32FXmQ August 21, 2024 at 05:30PM

[expotime]

#event #events #exhibition  #expo #Fair  #BUSINESS #trending  #TRAVEL #ai #Houston, #usa CLIMATETECH 2024

[isfeed]

Climate X founders, who mortgaged their houses to stay afloat, now raise a $18 million Series A

To date, most of the hottest software platforms in the ClimateTech space have been about carbon accounting, offsets, removals, and regulatory disclosure. For instance, New York’s Persefoni (accounting) raised $164.2 million to date, Plan A (accounting/monitoring) in Berlin raised $43 million and at the lower end, Supercritical (removals) raised $15.8 million while CUR8 (removals) raised […] ©…

[international-newswire]

Top 10 ClimateTech Startups in india

[makemydayapp]

Attention Israel! Prepare yourselves for an electrifying event as @Make My Day takes the stage at the prestigious Eilat-Eilot Renewable Energy 2024 conference!

📍Dan Hotel, Eilat, February 28-29, 2024

The Eilat-Eilot Conference on Renewable Energy aims to continue to empower the clean energy economy as leverage for regional rehabilitation and development in Israel, the Middle East, and around the world.

@Cnaan Aviv, our CTO & Cofounder, has been recognized as an EV expert and invited to participate in an EV charging panel discussion. He will be addressing the challenges of EV Charging Optimization and showcasing how Make My Day, with its cutting-edge technology in the EV Charging sector, can effectively tackle these issues. Come to hear him on February 29, at 3:30 pm!

Contact us to schedule a meeting: https://lnkd.in/dNNP7UBR Purchase your ticket: https://lnkd.in/d2Xms4aw Event agenda link: https://lnkd.in/dumfGJ8H

[theenergyconnection]

Working at the intersection of spacetech and climatetech, AIRMO has developed a unique, state-of-the-art sensor that enables methane measurements from space. Combining the technology with Beagle Systems’ ability to utilise drones to collect data at low altitude will make it...