article thumbnail

Sustainability trends: 5 issues to watch in 2024

IBM Services

Many countries have committed to reaching net zero by 2050, aligning with the Paris Agreement’s goal to limit global warming to well below 2 degrees Celsius. trillion to the global economy by 2050. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

article thumbnail

How Kubota is changing the status quo in agriculture and sustainability with technology

IBM Services

A few years ago, Kubota aimed to tackle operational efficiency challenges, water and sewage systems maintenance issues, and staff shortages that many local companies faced. Simultaneously, it attempted to commit to its zero carbon city declaration, which aims to virtually eliminate carbon dioxide emissions by 2050.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Renewable energy trends and developments powering a cleaner future

IBM Services

In addition, evolving regulations on corporate environmental, social and governance (ESG) initiatives around the world are increasing demand for renewable energy in the private sector, encouraging further growth. (The The country was home to 95% of new solar technology manufacturing facilities in 2022.)

article thumbnail

Energy Systems of the Future

Infosys Consulting

Setting the stage for the conversation is the fact that: Energy Information Administration (EIA) projects there will be a demand for 50% more energy by 2050 based on today’s forecast. Transition to more efficient hydrocarbon sources and nuclear energy sources will also have a role.

article thumbnail

10 Countries Developing Green Industry for a More Profitable Tomorrow

Velocity Global

Dow Chemicals saved approximately $9 billion over 15 years between 1995 and 2010 by increasing energy efficiency in an effort to reduce GHG emissions. Renewable Energy: Intending to reach net-zero carbon emissions by 2050, France’s new plan sets aside €9 billion to incentivize industrial companies to adopt greener energy sources.

article thumbnail

AI roundtable on sustainability

Capgemini

AI is improving the efficiency of water and energy use in buildings, helping to reduce energy costs and greenhouse gas emissions. In transportation, AI is supporting efficient freight transport, optimized routes, and real-time traffic management. AI can also be used to fight climate change.

article thumbnail

The EU’s Corporate Sustainability Reporting Directive explained

IBM Services

CSRD will be mandatory for all large European companies and companies listed on the EU regulated markets, including EU subsidiaries of non-EU parent companies. CSRD is mandatory for all large European companies and those listed on the EU-regulated markets, including EU subsidiaries of non-EU parent companies.