Corporate sustainability

Kyndryl Bridge Drives Nearly $2 Billion in Annual Savings for Customers and Delivers Improved Mission-Critical IT Outcomes

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Thursday, May 2, 2024

Investment, AI, Research, Software, MLOps, Intelligence, Data, IDC, Implementation, Organization, Corporate sustainability

NEW YORK, May 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that its industry-leading, artificial intelligence (AI)-powered, open integration digital business platform, Kyndryl Bridge, has onboarded 1,200 enterprise customers, 20% more than its initial target.

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Kyndryl Bridge is also providing customers with productivity benefits totaling nearly $2 billion a year as a result of avoiding major incidents and planned maintenance costs.
Kyndryl is also introducing capabilities that will help customers accelerate their adoption of AI and meet growing regulatory requirements.
Kyndryl Bridge delivers 100 million automations and more than 3 million actionable insights per month for customers.
Sustainable operations – Kyndryl released its Enterprise Sustainability Design and Implementation service and Kyndryl Sustainability Advisor on Kyndryl Bridge to optimize performance and lower emissions across customers' IT estates.

AEP Releases 2024 Corporate Sustainability Report

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Wednesday, May 1, 2024

Journey Forward, American Electric Power, Electricity, Carbon, Just transition, Workforce, Multimedia, AEP, Community, Social justice, Growth, Corporate sustainability, Renewable energy

COLUMBUS, Ohio, May 1, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact.

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COLUMBUS, Ohio, May 1, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact.
In 2023, AEP refreshed its company values to reinforce a commitment to customers and a safe, sustainable energy future.
The 2024 Corporate Sustainability Report is one way we show our commitment to our stakeholders by highlighting what we've accomplished and outlining the future of AEP," said Sandy Nessing, vice president and chief sustainability officer.
View the 2024 Corporate Sustainability Report and learn more about AEP's sustainable development strategy.

Just 24% of companies say they are prepared to meet impending sustainability requirements, Bain & Company survey finds

Retrieved on:

Wednesday, May 1, 2024

Digital technology, Bain & Company, Research, Carbon, Pressure, Waste management, Carbon accounting, Corporate sustainability, Renewable energy

BOSTON, May 1, 2024 /PRNewswire/ -- New research from Bain & Company, published today, finds just 24% of companies say they are ready for upcoming sustainability reporting requirements—a potentially worrying statistic as it can take years to build the needed capabilities, such as the technology necessary for collecting, analyzing, and reporting sustainability data.

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Bain surveyed more than 300 executives, with nearly 90% agreeing improvements in digital technology are critical for advancing their sustainability goals.
Bain's findings come as the global regulatory landscape rapidly shifts and expands, and as companies are under pressure to anticipate additional reporting requirements.
The EU's Corporate Sustainability Reporting Directive mandates that EU companies start reporting on their greenhouse gas emissions and other environmental factors by 2025.
"Technology will be essential for companies to meet their sustainability commitments and ensure compliance as regulations evolve," said Adam Cox , Bain & Company partner and member of the firm's Enterprise Technology practice.

nShift: Global instability continues to create supply-chain disruption

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Tuesday, April 30, 2024

International, Transport, Risk, Carbon, CSRD, Knowledge, Corporate sustainability, Gartner, TMS, Risk management

LONDON, April 30, 2024 /PRNewswire/ -- Global instability will continue to cause supply-chain disruption for the foreseeable future, predicts an influential new report from Gartner®, a company that delivers actionable, objective insight to executives and their teams. At the same time, businesses face pressure to become more sustainable while taking advantage of growth opportunities.

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At the same time, businesses face pressure to become more sustainable while taking advantage of growth opportunities.
nShift, the global leader in parcel delivery and transport management software, argues that retailers, manufacturers and logistics providers can overcome these challenges by investing in technology that generates joined-up data about shipments across the supply chain.
nShift has released a list of three strategies to help businesses thrive in today's global environment:
Gain greater visibility across the supply chain – knowledge is power.
This increases the risk of downtime
Measure carbon emissions – if businesses have real data on their current carbon emissions they can craft meaningful reduction strategies.

Akamai Announces 2023 Sustainability Report and Microsite

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Monday, April 29, 2024

Cloud, Blog, Pops, AKAM, ESG, Risk, Corporate sustainability, Travel, Cloud computing

CAMBRIDGE, Mass., April 29, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today shares its 2023 sustainability report along with new resources about its corporate sustainability initiative. The newly designed Akamai sustainability microsite details the company's performance and progress on its 2030 sustainability goals initially announced in April 2021.

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CAMBRIDGE, Mass., April 29, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today shares its 2023 sustainability report along with new resources about its corporate sustainability initiative.
The newly designed Akamai sustainability microsite details the company's performance and progress on its 2030 sustainability goals initially announced in April 2021.
"With its substantial role in the internet ecosystem, Akamai recognizes it has a responsibility to reduce its environmental impacts," said Mike Mattera, Director of Corporate Sustainability and Chief Sustainability Officer at Akamai.
The microsite includes such content as:
The Akamai blog will publish two posts this week about ESG at Akamai.

Glimpact Launches First Digital Platform for American Companies to Evaluate Overall Environmental Footprint, Measuring 16 Categories of Impact of Human Activity

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Wednesday, April 24, 2024

Based on the new scientific doctrine of the EU, Glimpact gives American companies complete 360° visibility on their real environmental footprint beyond carbon emissions and global warming.

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Based on the new scientific doctrine of the EU, Glimpact gives American companies complete 360° visibility on their real environmental footprint beyond carbon emissions and global warming.
Recognizing that North America lacks comprehensive tools to measure environmental impact beyond carbon emissions, Glimpact intends to bring its pioneering and disruptive approach to environmental footprint analysis to the United States.
Glimpact’s technology measures environmental impact using the PEF/OEF (Product Environmental Footprint/Organization Environmental Footprint) method that considers 16 impact categories and nine planetary boundaries.
GlimpactScan and MyGlimpact, to promote ecological awareness and share Glimpact’s vision of environmental sustainability with U.S. corporations and consumers.

Sonoco Releases 2023 Corporate Sustainability Report Detailing Progress on Sustainability Initiatives

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Tuesday, April 23, 2024

Science, Container, Better Life, Task force, PCPA, Sustainability Accounting Standards Board, TCFD, Geography, GRI, ESG, Sustainability accounting, Recycling, Corporate sustainability, Renewable energy

HARTSVILLE, S.C., April 23, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, today released its 2023 Corporate Sustainability Report which highlights progress made in support of its environmental, social and governance (ESG) initiatives.

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HARTSVILLE, S.C., April 23, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, today released its 2023 Corporate Sustainability Report which highlights progress made in support of its environmental, social and governance (ESG) initiatives.
This report was prepared in reference to the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Containers and Packaging 2018 Sustainability Accounting Standard.
We continued to make progress during the year toward our sustainability and corporate responsibility goals, which are designed to advance Sonoco’s purpose: Better Packaging.
I want to thank them and all our stakeholders for your efforts and support of our sustainability and corporate responsibility goals.”
For detailed information on the frameworks and guidelines used to measure and report on the economic, environmental, social and governance standards, download our 2023 Corporate Sustainability Report at https://www.sonoco.com/na/sustainability/impact/reports .

UN Global Compact meets at the EU Parliament to advance corporate sustainability

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Wednesday, April 17, 2024

Brussels, Belgium, April 17, 2024 (GLOBE NEWSWIRE) -- In the European Parliament today, the United Nations Global Compact organized a conference bringing together Members of the European Parliament, representatives of the European Commission, leading companies of the UN Global Compact as well as the Executive Directors of the UN Global Compact Local Networks across Europe for a pivotal dialogue entitled "UN Global Compact: Catalyst for EU Corporate Sustainability and Competitiveness".

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Brussels, Belgium, April 17, 2024 (GLOBE NEWSWIRE) -- In the European Parliament today, the United Nations Global Compact organized a conference bringing together Members of the European Parliament, representatives of the European Commission, leading companies of the UN Global Compact as well as the Executive Directors of the UN Global Compact Local Networks across Europe for a pivotal dialogue entitled "UN Global Compact: Catalyst for EU Corporate Sustainability and Competitiveness".
The UN Global Compact, the world’s largest corporate sustainability initiative, has more than 9,000 participants headquartered in the European Union (52 per cent of which are small and medium-sized enterprises (SMEs)).
- Samira Rafaela, Member of the European Parliament
“We believe the UN Global Compact with its programme-portfolio and strong footprint we have across the EU, can play a significant role advancing the EU corporate sustainability agenda.
For businesses, it is important to go beyond compliance driving real impact and thereby also strengthening resilience and competitiveness.” - Ole Lund Hansen, Chief, Global Operations, UN Global Compact

Assent Announces 2023 Sustainability Report

Retrieved on:

Tuesday, April 23, 2024

Assent Inc. (Assent), a leader in supply chain sustainability management, has released its 2023 sustainability report detailing recent achievements in its environmental, social and governance (ESG) performance.

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Assent Inc. (Assent), a leader in supply chain sustainability management, has released its 2023 sustainability report detailing recent achievements in its environmental, social and governance (ESG) performance.
View the full release here: https://www.businesswire.com/news/home/20240423925272/en/
Assent Announces 2023 Sustainability Report (Photo: Business Wire)
The 2023 Corporate Sustainability Report is Assent’s first to be grounded in the company’s new Corporate Sustainability Roadmap, a forward-looking strategy for advancing the company’s sustainability innovation and leadership efforts.
Assent’s 2023 Sustainability Report highlights include:
Planet: Developed a climate action plan that outlines quarterly milestones to guide environmental efforts.
“Data collection and benchmarking are key elements for any successful ESG or supply chain sustainability program,” said Cally Edgren , Senior Director of Sustainability, Assent.

Bona Releases 2023 Sustainability Report

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Tuesday, April 16, 2024

Other Consumer, Environment, Construction & Property, Other Retail, Home Goods, Sustainability, Consumer, Retail, Residential Building & Real Estate, Investment, CSRD, DC2, Plastic, Manager, Corporate sustainability, Renewable energy

Bona ®, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, today released its Sustainability Report for 2023.

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Bona ®, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, today released its Sustainability Report for 2023.
This year, Bona has included a narrative summary of its sustainability progress following by its audited statutory sustainability report.
This is another important step by Bona to move its sustainability efforts forward and align with the demands of the Corporate Sustainability Reporting Directive (CSRD).
Most notably, Bona announced in its report the establishment of a Sustainability Board, whose purpose is to drive the development of the sustainability work according to Bona’s vision – to lead the sustainability transformation of our industry, caring for people and planet.