SS Climate Advisors’ Post

SS Climate Dispatch for August 7, 2024 #SSCA Google’s 2024 Environmental Report: 1. AI-Powered Initiatives: Google has leveraged AI to significantly reduce greenhouse gas emissions by 2.9 million metric tons, equivalent to removing 650,000 cars from the road. This was achieved through AI-powered fuel-efficient routing. 2. Plastic-Free Packaging: Google achieved 100% plastic-free packaging for its Pixel 8 series, demonstrating a strong commitment to sustainable product design. 3. Clean Energy: The company maintained a global average of 64% carbon-free energy and contracted 4 GW of clean energy generation capacity. 4. Water Stewardship: Google nearly doubled its water replenishment portfolio, replenishing an estimated 1 billion gallons of water. 7th Global Conference on ESG Management & Sustainability: This conference, held from August 6-8, 2024, at Universitas Airlangga in Surabaya, Indonesia, brought together global experts and leaders to discuss the latest trends and strategies in ESG management. Topics included sustainable finance, corporate governance, and environmental stewardship. EU’s Record Investment in Sustainable Transport: The European Commission announced a record €7 billion investment in sustainable transport infrastructure through the Connecting Europe Facility (CEF). This investment aims to enhance sustainable, safe, and smart transport across Europe, with funds allocated to 134 projects. MIT Sloan Management Review highlighted several key sustainability trends for 2024. One notable trend is “greenhushing,” where companies become quieter about their sustainability efforts due to anti-ESG sentiments. This trend has been particularly prominent in the U.S. but has affected multinational companies globally. #Google #AI #ClimateAction #GreenTech #ESGConference #Sustainability #CorporateGovernance #SustainableFinance #SustainabilityTrends #Greenhushing #ESG2024 #CorporateSustainability

Ayush bajpai

Senior Consultant ESG/Sustainability/Carbon Accounting/GHG /15K+ Followers/Content Writer Master of Business Administration - MBA Energy Management from School of Energy and Environmental studies DAVV, Indore

3mo

Thanks for sharing

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