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Four G20 Countries will have Positive Ecological Footprint by 2050

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The University of Sheffield’s research predicts that the UK and G20 countries will have a negative ecological footprint by 2050.

Key findings:

Only Argentina, Brazil, Canada, and Russia are predicted to have a positive environmental impact.

Brazil will have the most positive ecological footprint per capita by 2050, due to less resource-intensive use. The UK despite a negative footprint, is on track to reduce carbon emissions due to stringent climate change policies.

The study predicts the ecological footprint of every G20 country over 30 years, emphasizing the need for sustainable industrial and economic growth without causing resource depletion or wildlife extinction.

Advocacy:

Researchers advocate for a comprehensive environmental policy-making strategy incorporating social, technological, and economic strategies. They promote sustainable futures by adopting renewable energy sources like wind and solar.

They used advanced forecasting tools like ARIMA, Auto-ARIMA, and Prophet models to predict ecological impact using AI, enhancing forecast accuracy and future patterns.

Professor Lenny Koh, Chair, Operations Management, the University of Sheffield emphasizes the significance of predicting the environmental impact of the G20’s largest economies over the next 30 years to understand the planet’s future and implement necessary changes.

Call for action:

Investments in green technologies and infrastructure are crucial to mitigate industrialization and urbanization negative effects, they study states.

The findings underscore the need for robust environmental policies and increased international cooperation to address unique challenges and promote sustainable development globally, she says.

The authors emphasize the importance of education and public awareness of sustainability issues, suggesting that governments should implement initiatives that promote sustainable living and encourage environmentally friendly lifestyles.

The way forward:

“This study offers a critical forecast that should guide future research, policy-making, and practical applications in environmental sustainability,” Professor Lenny Koh says.

She notes that the G20 countries must work together to address these issues, with a particular emphasis on reducing resource scarcity and boosting ecological resilience.


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AdaniConneX Secures $1.44B for Green Data Centers

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AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, has secured India’s largest sustainability-linked financing of up to $1.44 billion.

AdaniConneX has secured financing from various banks, increasing its construction financing pool to $1.65 billion. The initial commitment of $875 million will be used to build green data centers. These DCs will utilize advanced technologies and renewable energy to minimize environmental impact and optimize efficiency.

The company plans to construct nine data centers by 2030, with a collective capacity of 1 gigawatt, to meet India’s growing demand for digital services. The construction is nearly complete in Noida and Hyderabad facilities.

AdaniConneX has implemented a syndicated guarantee-backed assurance program to align with its project procurement strategy, supported by definitive agreements with eight global banks.

The company’s CEO, Jeyakumar Janakaraj, emphasized the strategic role of construction financing in achieving sustainable and green data center solutions.

ING Bank N.V., Intesa Sanpaolo, KfW IPEX, MUFG Bank Ltd., Natixis, Standard Chartered Bank, Societe Generale, and Sumitomo Mitsui Banking Corporation were tasked as Mandated Lead Arrangers.


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India’s First Bioplastics Facility to use Sulzer’s PLA Technology

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Balrampur Chini Mills, India’s top sugar producer, is launching a new bioplastic production capacity to reduce environmental impact and increase resource efficiency. With ten plants and 80,000 tonnes per day crushing capacity, the company is committed to sustainability.

India is the largest producer of bioethanol for fuel and also generates power from sugar mill waste. The company is launching a new bioplastic production capacity to support its transition to net zero.

The company has selected Sulzer’s polylactic acid production technologies to support the bioplastics plant, aiming to produce 75,000 tonnes of compostable, fully recyclable bioplastic annually.

Sulzer will provide manufacturing technologies for lactide synthesis, purification, and polymerization in a plant for PLA manufacturing. As a top global supplier, they will assist with commissioning and start-up processes.

The sugar market is highly regulated, limiting margin expansion. The company’s new bioplastics plant will support sustainability objectives and diversify its bioethanol and power generation plans, while the rising demand for bioplastics due to lower production energy costs and environmental advantages.

Avantika Saraogi, Executive Director, BCML, said, “The integration of a globally first PLA plant, processing sugarcane to bioplastic in one location, will significantly contribute to the company’s sustainability portfolio and corporate goals. The commercial proposition presents an excellent opportunity for further diversification, as it provides an excellent market for our end product. Sulzer is confident in the success of the project due to their proven track record in delivering bioplastic production technology for plant optimization.”

Uwe Boltersdorf, Chemtech Division President, Sulzer, said, “We strategically aim to enhance economic and sustainable performance by supporting industrialists in more professional project execution. India’s first integrated bioplastics plant offers clients the opportunity to diversify revenue streams and contribute to reducing plastic pollutants. We look forward to working with BCML and other forward-thinking clients as we continue to strive to deliver improved energy efficiency, raw material efficiency, and higher yields.”


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How are Industries Leveraging Technology to Minimize Carbon Footprint?

Sonal Desai


New research shows that improved robotics and AI usage could reduce 853 million metric tons (MMT) annual carbon footprint. This is equivalent to 18% of US gas emissions, or eliminating 64% of gas-powered vehicles. 

The research underscores the significance of utilizing robotics, sensors, and digitization to enhance industrial efficiency, decrease waste, and minimize the manufacturing sector’s carbon footprint.

The aim is to address blind spots in key physical infrastructure health, potentially achieving reductions by 2030.

Technology companies Gecko Robotics and Rho Impact collaborated to reveal research on the environmental impact of digitizing critical infrastructure. 

Carbon footprint reduction in industries by 2030:

Oil and Gas Pipelines: 556 MMT CO2

Baseload Power Plant Reliability: 230 MMT CO2

Pulp & Paper Manufacturing: 46 MMT CO2

Maritime Transportation: 11 MMT CO2

Bridge Inspection & Maintenance: 10 MMT CO2

How these 4 industries can use technology to reduce fugitive emissions? 
  1. By 2030, fugitive emissions from the oil and gas sector could be reduced by 556 MMT CO2e annually if corrosion, leaks, and other flaws are detected. Compared to undigitized, unrepaired assets, the findings show a 37% improvement in emissions efficiency, mostly due to a reduction in the release of strong greenhouse gases like methane.
  2. Decreasing forced outages: According to a previously published study by Rho Impact and Gecko Robotics from late 2023, digitizing boiler tubes at energy generation sites could result in an annual reduction of CO2 of up to 230 million tons. This is provided that more efficient baseload generation remains online and inefficient backup generation remains offline. 
  3. Monitoring improves efficiency: By 2030, digitizing important physical assets in the pulp and paper sector could cut annual emissions by 46 million metric tons of CO2 equivalent. The U.S. Environmental Protection Agency has demonstrated that routine maintenance and inspection increase operational efficiency. When compared to non-digitized assets, digitization can result in an improvement in emissions efficiency of 6%. 
  4. Optimizing maritime: Leak detection and load optimization offer substantial potential to reduce greenhouse gas emissions in maritime shipping. Because digitization increases the availability of the largest, most efficient shipping vessels, 11 MMT of CO2 emissions could be avoided. The world’s largest ships can operate up to 70% more fuel efficiently than smaller, less fuel-efficient vessels. Maritime transportation moves 90% of the world’s traded goods, according to the IEA.
Quotes:

“This study found that if robotic technologies can decrease overall stationary maintenance time by 1.5 days per large ship per year, then emissions from global maritime shipping could be avoided annually by 11 MMT CO2e in 2030, relative to a business as usual scenario,” said Rho Impact CSO, Seth Sheldon, PhD.

“This data represents a major shift in how the world thinks about achieving net zero and Industry 4.0,” said Jake Loosararian, CEO and Co-founder, Gecko Robotics. “At a time when leaders are balancing net-zero goals with economic stimulation and growing demand for energy, especially in developing economies, we need a new game plan to achieve 2030 goals. A paradigm that demands our existing infrastructure adopt technology at warp speed and ensures our renewable strategy doesn’t make the mistake of the infrastructure that got us here.”

“Improving the sustainability of today’s infrastructure requires ongoing innovation, including how we collect data about the built world,” said Gilman Callsen, CEO, Rho Impact. “The potential emissions impact of improving the reliability of heavy industry and infrastructure demonstrates the promise of deploying scalable technologies that are available today.”


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ESG, Sustainability, Sustainable workplaces

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Sustainability now and @2030: The India report card

Sonal Desai


A new Sustainability at Work survey carried out by Adobe throws interesting insights into the sustainability trends in Indian workplaces. The report also drew a `now global conclusion’ that the youth (between 25 to 34 years and the millennials are driving sustainability practices at the workplace.

On their part, enterprises too have embarked on their sustainability journey not just to retain existing talent or hire new employees, but also as a part of their conscious effort to drive purpose-driven, ethical, sustainable business practices across their organisation.

Interestingly, the findings which were a part a new study titled Sustainability at Work, highlighted the importance of sustainability at workforce. Notably, Adobe interviewed more than 1,000 Indian employees and business managers for the survey. The findings can act a learning point for the C-suite and experts driving sustainability practices in enterprises across industry verticals.

Listed below are some key findings:

1. Some findings:
• The company wants to reduce its environmental impact
• Employees are individually involved in enforcing the company’s sustainability initiatives
• Sustainable practices in the workplace lead to improvements in workplace culture, reduced negative environmental impact, and increased overall productivity rates
• Employees in the age group 25 to 34 years (97 %) directly involved in driving sustainability practices
• Important for 97% executives to achieve high sustainability at work
• 41% executives ranked sustainability at workplace as one of their top three metrics for business success
• 83% respondents feel empowered to help improve their company’s sustainability practices
• 82% employees want to be more involved in driving sustainability practices
• Around 70% said their company is in line with or ahead of other companies in its sector in implementing sustainability practices
• 84% said their company has dedicated personnel to implement sustainability practices

2. How Indian employees view sustainability?
• 77%: Company prioritises sustainability and wants to reduce its environmental impact
• 93%: Company has boosted its sustainability efforts to attract prospective employees
• 71%: Want to only work at a company that prioritises sustainability

3. Technology is the key:
More than 90 percent employees responded that hybrid working can make businesses more sustainable. Because:
• Increased focus on digital document storage and management (44%),
• Encouraging use of digital collaboration and workflow tools
• Lower electricity consumption in commercial office spaces

4. Tracking sustainable practices:

According to senior executives and business managers surveyed, Indian companies track sustainability initiatives in several ways. These include:
• Publishing sustainability performance reports (56%)
• Running internal auditing and reporting (51%)
• Including sustainability in management performance scorecards (50%)

5. The split:
However, the opinion of who should primarily drive sustainability initiatives in the workplace was split. About 30% respondents said everyone should drive it equally, while the rest said that either employees or executives and managers should be tasked to do so (35% and 29%, respectively). Indian employees also see sustainability as an opportunity for innovation, talent attraction and retention.

6. Sustainability @ 2030:
• Sustainability initiatives will be viewed as opportunities for innovation (85 %)
• Companies will consider their entire supply chain, including vendors for sustainability initiatives (82%)
• Companies will have a dedicated sustainability department to reduce environmental footprint (82%)
• Increase use of digital document storage and management (41%)
• Prioritise renewable energy (41%)
• Work towards reducing or eliminating plastic in the workplace (40%).
• Employees hope to see more recycling programmes and reduced paper usage and printing in the office

Leader comments:
Prativa Mohapatra, Vice President and Managing Director, Adobe India, said, “The findings of Adobe’s Sustainability at Work survey show that more employees want to be involved in driving sustainable business practices in their workplaces and it is a clear reflection of an inspiring mindset that the Indian workforce holds towards a sustainable future of work.”


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