Aindrila Roy Chowdhury’s Post

As we embark on another year of sustainability endeavors, the horizon of 2024 promises to be transformative with these top trends: - **Renewables Rising**: Will this be the year fossil energy takes a back seat to renewables? The push for greener energy is gaining momentum. - **Disruptive Sustainability**: A call to disrupt norms and embrace radical sustainability to benefit both business and the environment. - **Regulations Tighten**: Green claims and sustainability efforts face stricter regulations, challenging companies to back up their promises. - **AI in Sustainability**: Artificial intelligence is set to revolutionize sustainability practices, aiding in compliance, carbon management, and supply chain efficiency. - **Nature-Positive Future**: Biodiversity and nature-positivity emerge as key facets of sustainability, shaping the global agenda. What are your thoughts on these trends shaping the sustainability landscape? How do you envision our collective journey towards a more sustainable future? https://lnkd.in/dT4aMthE

GOOD NEWS: Six Signs of Sustainability Progress from 2023 This trend towards renewable energy is increasingly mirrored in the cleaning industry, with companies integrating solar and other sustainable energy sources more frequently. https://lnkd.in/g-5_T_vH

The 12 Top Sustainability Trends In 2024 #SPG #Energy #sustainableenergy #energyefficiency https://lnkd.in/d4JE4Q8

𝐀𝐬 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐟𝐨𝐜𝐮𝐬𝐞𝐬 𝐨𝐧 𝐦𝐚𝐣𝐨𝐫 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐜𝐡𝐚𝐧𝐠𝐞 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐨𝐫𝐬, 𝐭𝐡𝐞 𝐦𝐚𝐜𝐡𝐢𝐧𝐞𝐬 𝐬𝐞𝐜𝐭𝐨𝐫 𝐨𝐟𝐭𝐞𝐧 𝐠𝐨𝐞𝐬 𝐮𝐧𝐧𝐨𝐭𝐢𝐜𝐞𝐝. Research shows many manufacturers have yet to prioritize sustainability, despite the sector's significant Scope 2 and Scope 3 emissions from energy-intensive processes and the use of metals like iron and steel. The sector can reduce its carbon footprint by adopting circular economy practices, such as designing machines for repair, reuse, and recycling materials. Challenges include renewable energy reliability, labour shortages, and high transition costs. However, there are opportunities in the growing demand for renewable energy equipment and government incentives. Explore how the machines sector can navigate its path to sustainability and what this means for your business strategies 👉 https://brnw.ch/21wKuEF hashtag#CleanEnergy hashtag#Sustainability hashtag#MachinesSector hashtag#CircularEconomy hashtag#EconomicTrends2024 hashtag#managingrisk hashtag#enablingtrade

Breaking ground for a sustainable future, the European Union has taken assertive strides with the introduction of the Net Zero Industry Act (NZIA). Seizing the moment for green innovation, the EU is breathing life into the foundational technologies that will enable a net zero future. From solar energy to battery and storage solutions, a beacon of support now shines on these crucial sectors. 🌱⚡️ Shaped by the dual challenges of climate change and industrial competitiveness, the NZIA mandates fresh criteria for renewable projects across member states—criteria that stress a blend of ethics, security, and timely delivery. Immense support rings clear for our solar manufacturing sector, dispelling the anxieties that clouded its viability. We're talking about a commitment that ensures at least 30% of renewables volume auctioned annually ticks these stringent boxes. This isn't wishful thinking; it's a tangible push for more renewable power projects. 🌞🔋 But the Act's scope is broader still. With a nuanced approach to sourcing, member states will cap single-country solar module procurement at 50%, diversifying supply chains and reinforcing our resilience. And in a move championing efficiency, fast-track permitting will see manufacturing projects larger than 1GW break ground within a mere 18 months, and under a year for those under 1GW. Strategic projects? They'll fly even faster through red tape. 🏗️⏱️ The audacious vision of 'Net Zero Acceleration Valleys' promises to magnetize talent and technology, transforming distinct EU territories into hubs of net zero industrial activities. By anchoring advancements within these valleys, we're not merely creating lucrative investment spots but are redefining the entire landscape of our continent's manufacturing capabilities. 🌐✨ While provisional, this monumental agreement stands poised for endorsement by our legislative titans—the EU Council and European Parliament. And the clock is ticking; emergency support remains a clarion call for our solar industry. As Manufacturers hang by a thread, awaiting urgent aid, their weeks are numbered without decisive intervention. As the EU Parliament voted for this landmark legislation last November, its eyes firmly set on onshoring manufacturing for renewable technologies, the stage is set for a transformative tale of industrial and environmental triumph. Let's rally behind this legislative leap, for in harnessing these net zero innovations, we not only safeguard our environment but also invigorate our economy. The promise of a sustainable, self-sufficient Europe gleams on the horizon. Let's champion these steps taken today to cultivate the green industries of tomorrow. What's your take on the EU's forward leap with the Net Zero Industry Act? Share your thoughts! #NetZeroIndustryAct #SustainableManufacturing #RenewableEnergy

Malaysia’s green business building opportunity on the net-zero journey. Malaysia is well positioned for its net-zero transition owing to its strong natural resources and growing economy, creating opportunities for the country. Six themes have already started gaining initial momentum: carbon capture and storage, nature-based solutions, renewables, biofuels, e-mobility, and hydrogen. How ready are you and your company to leverage on incoming opportunities presented in the whole value chain and green sustainability ecosystem? Under Malaysia's National Energy Transition Roadmap (NETR), the country has high ambitions for 70 percent of installed power capacity to be renewable by 2050, which will require 55 to 65 gigawatts (GW) of total clean electricity capacity, translating to up to 2 GW of new capacity each year.19 As laid out in the Malaysia Renewable Energy Roadmap 2035, cumulative investment in renewables is expected to reach $7 billion, creating 47,000 jobs by 2035. Other opportunities presented include the need for grid upgrades and battery storage solutions to cope with the intermittency of renewables, and there are signs that Malaysia could benefit from the manufacture and export of wind towers or turbines—in 2017, for instance, CS WIND acquired Eco Tower to be Malaysia’s first wind tower exporter.26 To enable these opportunities, however, sufficient financing and regulatory unlocks will be required, such as reconsidering the limited quotas on LSS and new auctions for storage. [For further reading click on this article below] https://lnkd.in/g77k-97b

𝐀𝐬 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐟𝐨𝐜𝐮𝐬𝐞𝐬 𝐨𝐧 𝐦𝐚𝐣𝐨𝐫 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐜𝐡𝐚𝐧𝐠𝐞 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐨𝐫𝐬, 𝐭𝐡𝐞 𝐦𝐚𝐜𝐡𝐢𝐧𝐞𝐬 𝐬𝐞𝐜𝐭𝐨𝐫 𝐨𝐟𝐭𝐞𝐧 𝐠𝐨𝐞𝐬 𝐮𝐧𝐧𝐨𝐭𝐢𝐜𝐞𝐝. Research shows many manufacturers have yet to prioritize sustainability, despite the sector's significant Scope 2 and Scope 3 emissions from energy-intensive processes and the use of metals like iron and steel. The sector can reduce its carbon footprint by adopting circular economy practices, such as designing machines for repair, reuse, and recycling materials. Challenges include renewable energy reliability, labour shortages, and high transition costs. However, there are opportunities in the growing demand for renewable energy equipment and government incentives. Explore how the machines sector can navigate its path to sustainability and what this means for your business strategies 👉 https://brnw.ch/21wKuEF hashtag#CleanEnergy hashtag#Sustainability hashtag#MachinesSector hashtag#CircularEconomy hashtag#EconomicTrends2024 hashtag#managingrisk hashtag#enablingtrade

Southeast Asia, home to a 700 million population, is one of the world’s most vulnerable regions to #climate #change. What are the climate risks imperiling businesses in Southeast Asia and how can corporates #decarbonize to mitigate these risks?   To address these issues, REDEX and Roland Berger jointly organized the webinar “Greening Corporate Landscape – Insights and Outlook on Decarbonization in Southeast Asia”. The webinar delved into Southeast Asia’s sustainability landscape, focusing on #decarbonization and #renewable #energy. REDEX Founder and CEO Jen Wee KANG contributed insights about renewable energy certificates (#RECs) and how they can be a pillar of corporate sustainability strategy. As RECs trace the production of electricity to a renewable source, they are a foolproof tool for companies to account for their Scope 2 emissions. In addition, the traceability of RECs allows them to be used to prove claims of products being manufactured from green energy. This means that RECs can play a significant role in the decarbonization of #supply chains and management of Scope 3 emissions, enabling corporates to make giant strides to achieve their #green energy targets and accelerating the global transition to #netzero. A big thank you to Roland Berger Partner Dieter Billen for his insightful contributions on climate risks and the state of #sustainability in Southeast Asia. We are also grateful and honoured to partner Roland Berger and contribute to the knowledge and practice of corporate #sustainability. Last, but not least, we thank the attendees for their support and hope they found the session useful. Discover how REDEX is supporting corporate decarbonization: www.redex.eco. #renewableenergy #cleanenergy #innovation #energytransition

Well done to EMA and MTI in facilitating IEA set up its first office outside its Paris Headquarters. It bodes well for Singapore to act a Sustainability Steward Hub to countries and ecosystem players in the Asian countries looking for guidance and resources in their sustainable energy transition pathway. #Sustainability #ESG #Climatechange #Transitionfinance

It makes me feel proud to know that Persistent Systems has successfully achieved carbon neutrality—a remarkable accomplishment that #Persistent reached one year ahead of schedule. By adopting renewable energy and optimizing resource management, we are aligned with our vision of achieving net-zero emissions by 2050. This significant milestone showcases our commitment to sustainability and our role in supporting clients’ environmental goals. Our dedication to environmental responsibility aligns with the Science-Based Targets Initiative (SBTi), and we aim to reach net-zero emissions by 2050 in line with the UN Sustainable Development Goals. Through this journey, we are shaping a greener, more sustainable world and solidifying our commitment to being a socially responsible organization. We are working closely with all the stakeholders to make sustainability a fundamental part of our operations, driving lasting, long-term impact. Find out more about our worldwide sustainability initiatives in this press release: https://lnkd.in/dhsdB_9m Vijay I Rajesh I Nirdesh I Thevasenapathy I Jason I Neha I Feroz I Snehasish I Sujith I MALAY I Sanjeev I Vijay I Vineet