NewsRoom Articles - Page 21 of 45

WednesdayFeb 21, 2024 2:38 pm

Microsoft Adds AI to Cloud to Ease ESG Data Capture, Reporting

Microsoft has integrated new artificial intelligence (“AI”) and data-capturing capabilities into its cloud. The company has introduced a version of the Copilot AI tool as well as sustainability-focused data services to Microsoft Fabric. This is Microsoft’s software-as-a-service (“SAAS”) analytics platform that covers real-time analytics, business intelligence, data movement and data science, among others. The Washington-based tech giant also equipped its Microsoft Sustainability Manager platform with an AI model to help improve insights. Integrating sustainability features and AI capabilities into the Microsoft Fabric platform will help customers capture data on environmental, social, and corporate governance (“ESG”) as well as measure, reduce…

FridayFeb 16, 2024 1:30 pm

China Stock Exchanges Announce Mandatory Sustainability Reporting Requirements for Companies

Major stock markets in China, such as the Beijing Stock Exchange, the Shenzhen Stock Exchange and the Shanghai Stock Exchange, recently announced that they had published new reporting guidelines on sustainability for listed companies. With this announcement, the east Asian country joins other major markets that are introducing new sustainability reporting guidelines, including the U.S. Security Exchange Commission’s (SEC) climate-disclosure rules and the recently published Corporate Sustainable Reporting Directive by the European Union. The EU’s Corporate Sustainable Reporting Directive will significantly increase the number of companies required to present sustainability disclosures to more than 50,000. The directive also introduces comprehensive…

WednesdayFeb 14, 2024 1:30 pm

Barclays Stops Funding New Projects in Oil, Gas Industries

Barclays Bank has announced that it will stop directly funding new gas and oil projects. A new Climate Change Statement from the bank revealed that Barclays will require its clients in the energy sector to produce decarbonization or energy-transition strategies by the start of 2024. The United Kingdom-based bank also released a new Transition Finance Framework that outlined its conditions for classifying funding for decarbonizing high-emission industries as “transition.” The new framework is part of Barclays’ efforts to reach its goal of facilitating $1 trillion in sustainable and transition finance by the decade’s end. A statement from the bank acknowledged…

MondayFeb 12, 2024 2:30 pm

Two Factors Crucial to ESG Delivering Shareholder Value

With major companies such as McDonald’s Corporation and Walmart Stores naming sustainability as one of their top priorities in recent years, many companies are facing pressure to ensure they incorporate sustainability into their goods and service delivery. However, one of the main criticisms against corporate sustainability in the past few years has been that it contradicts the fiduciary duty of managers by not putting company shareholders first. Corporate sustainability refers to a business approach that involves pursuing social and economic strategies to create sustainable value for shareholders, company employees, consumers and societal value. A 2016 paper titled “Corporate Sustainability: First…

FridayFeb 09, 2024 1:30 pm

Companies Look for Alternatives Referring to ESG

After years of encouraging investors to invest in companies with responsible environmental, social and governance (“ESG”) practices, BlackRock CEO Larry Fink announced in mid-2023 that he wouldn’t use the term ESG anymore. Fink noted that the word has been misused and weaponized by the far left and far right and said he was ashamed to be part of the debate around using the term “ESG.” Fink’s investment approach can significantly affect the market as he currently stands at the helm of the world's largest asset manager with $9.2 trillion under management. BlackRock’s attitude toward responsible ESG investing has been quite…

WednesdayFeb 07, 2024 1:30 pm

Analytics, Data Management Principles to Support ESG Compliance

In today’s world, most if not all public and private companies need to comply and report in accordance with their ESG framework. The gathering and management of ESG data isn’t the easiest task, however. To help with this, we look at some best practices for collecting accurate data for ESG reporting that companies should consider. Make sure you’re gathering the right data Learning more about your company’s ESG footprint and ensuring that no information is omitted will allow for comprehensive reporting. The evaluation of operations that bring in the majority of the company’s revenues is a crucial step. Once this…

TuesdayJan 16, 2024 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Doubling Down on Separation and Refining of Critical Metals Amid China’s Ban on Export of Rare Earth Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, views China’s recent ban on the export of technology to produce rare earth permanent magnets as an opportunity Through this ban, the company looks to grow and assert its dominance in the sector, all while doing away with dependence on China This is made possible by its RapidSX(TM) technology, which it has been slowly perfecting It is also made possible by its Demonstration Program, along with its Louisianna facility that sets it on track to separating friendly REEs and OEMs…

TuesdayJan 09, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finishes Demo Plant Commissioning for REE Processing, Turns to DOD Project and Commercial Facility Build-up

Canadian metals supply company Ucore Rare Metals Inc. recently announced completion of the third and final stage of its Demonstration Plant commissioning process for the separation of critical rare earth element (“REE”) metals used in various important technologies The commissioning process is a key part of the company’s demonstration of its proprietary RapidSX(TM) REE processing technology as it prepares for commercial production Ucore is at the forefront of companies attempting to break China’s virtual monopoly on REE production and separation processes by developing American-based supply chain solutions The company will now focus on proving its RapidSX(TM) technology in response to…

MondayJan 08, 2024 9:45 am

Turbo Energy (NASDAQ: TURB) Strategically Positioned for Growth in the Age of Artificial Intelligence

Despite challenges in the self-consumption photovoltaic sector, Turbo Energy achieved remarkable milestones, including the launch of the SunBox Industry product line, securing a patent, and forming strategic partnerships The company raised $5 million through its American Depositary Shares on the Nasdaq Capital Market, demonstrating its financial prowess amid industry headwinds Despite industry challenges, Turbo Energy maintains an optimistic outlook, leveraging diverse product offerings based on AI-driven energy optimization In the midst of challenges faced by the self-consumption photovoltaic sector in 2023, Turbo Energy (NASDAQ: TURB), a Spain-based photovoltaic energy storage innovator, achieved notable achievements. Despite revenue decline due to headwinds…

FridayJan 05, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) the West’s Strategy to Weaken China’s Minerals Dominance with its RapidSX(TM) Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, is in the process of perfecting and ultimately commercializing the separation and purification of critical metals This is in a move to slash reliance on Chinese rare earths technologies and its toxic by-products The company has made incredible headway over the years and is on track to commercially separate U.S.-friendly sources of REES, using its RapidSX(TM) technology, by 2025 The commissioning of its RapidSX Demonstration plant in Kingston, Ontario, earlier this year affirms its commitment to actualizing the goal of…

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