Commission on Sustainable Development

Klarna reveals 2023 sustainability progress: 25% GHG emissions reduction, $24.5M for planet health, and a surge in conscious shopping

Retrieved on:

Thursday, March 7, 2024

Consumer, USD, AI, Climate, Biodiversity, Commission on Sustainable Development, Commerce, Carbon, Health, Global warming potential, Tree, Organization, Environment, GHG, Renewable energy

In 2023, saw a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping, contributing to 4.75 million purchases from more conscious brands.

Key Points:

In 2023, saw a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping, contributing to 4.75 million purchases from more conscious brands.
A standout achievement was the 150% year-over-year increase in the usage of Klarna's CO2e Emissions Tracker, highlighting a shift towards more conscious consumer behavior.
In addition, the company saw a 25% reduction in its greenhouse gas (GHG) emissions and has to date committed $24.5 million to planet health initiatives.
"At Klarna, we're dedicated to accelerating commerce in a way that also takes into account the environmental challenges our world faces.

Klarna reveals 2023 sustainability progress: 25% GHG emissions reduction, $24.5M for planet health, and a surge in conscious shopping

Retrieved on:

Thursday, March 7, 2024

Consumer, USD, AI, Climate, Biodiversity, Commission on Sustainable Development, Commerce, Carbon, Health, Global warming potential, Tree, Organization, Environment, GHG, Renewable energy

In 2023, saw a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping, contributing to 4.75 million purchases from more conscious brands.

Key Points:

In 2023, saw a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping, contributing to 4.75 million purchases from more conscious brands.
A standout achievement was the 150% year-over-year increase in the usage of Klarna's CO2e Emissions Tracker, highlighting a shift towards more conscious consumer behavior.
In addition, the company saw a 25% reduction in its greenhouse gas (GHG) emissions and has to date committed $24.5 million to planet health initiatives.
"At Klarna, we're dedicated to accelerating commerce in a way that also takes into account the environmental challenges our world faces.

Swift and Wise Join Forces to Expand Cross-Border Payment Options Globally

Retrieved on:

Monday, September 18, 2023

Professional Services, Payments, Technology, Finance, Fintech, Banking, Payment, Small intestinal bacterial overgrowth, G20, API, Architecture, Commission on Sustainable Development, Friction, Multimedia, Movement, Online shopping, Bank, Swift

Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency.

Key Points:

Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency.
View the full release here: https://www.businesswire.com/news/home/20230918579060/en/
Financial institutions seeking to innovate their offerings will be able to route Swift payment messages directly to Wise Platform - Wise’s infrastructure solution for banks and major enterprises — through its latest Correspondent Services solution.
This will enable their customers to benefit from the speed and convenience of Wise, and the breadth of Swift without needing to implement any major changes to their systems.
Wise Platform will harness advanced Swift capabilities to power its service, including cloud and API connectivity and Payment Pre-validation and will continue to offer banks all the hallmark features of Swift GPI, including a payment status tracker which Wise Platform will update to ensure end-to-end visibility across both networks.

GrubMarket Joins Forces with One Tree Planted to Advance Tree Planting and Reforestation Efforts

Retrieved on:

Monday, June 26, 2023

Partnership, Farmer, Tree, Commission on Sustainable Development, Carbon, Climate change, Soil, SAN, Health, Environment, CO2, Central Valley, Forestry

SAN FRANCISCO, June 26, 2023 /PRNewswire/ -- GrubMarket today announced a partnership with One Tree Planted, a non-profit organization dedicated to global reforestation.

Key Points:

SAN FRANCISCO, June 26, 2023 /PRNewswire/ -- GrubMarket today announced a partnership with One Tree Planted, a non-profit organization dedicated to global reforestation.
This year, GrubMarket plans to plant at least 100,000 trees in California alone.
GrubMarket's collaboration with One Tree Planted demonstrates its deep commitment to environmental sustainability and the preservation of agricultural resources and ecosystems.
By working with One Tree Planted, we're taking a proactive approach to addressing deforestation, restoring arable land, and positively impacting the environment," said Mike Xu, CEO of GrubMarket.

Klarna unveils new tools enabling consumers to shop more consciously and take climate action

Retrieved on:

Wednesday, June 14, 2023

With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.

Key Points:

With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.
"We are proud of these new tools that go beyond merely providing information about the environmental impact of purchases.
"We recognize the power of Klarna's growing network of 150 million consumers, which comes with a responsibility to leverage our platform for good.
These new features follow several other initiatives led by Klarna to provide consumers with the tools and insights they need to shop more consciously.

Klarna unveils new tools enabling consumers to shop more consciously and take climate action

Retrieved on:

Wednesday, June 14, 2023

With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.

Key Points:

With 150 million consumers worldwide, Klarna continues to shape the future of shopping, evolving beyond payments to become the go-to starting point for every purchase.
"We are proud of these new tools that go beyond merely providing information about the environmental impact of purchases.
"We recognize the power of Klarna's growing network of 150 million consumers, which comes with a responsibility to leverage our platform for good.
These new features follow several other initiatives led by Klarna to provide consumers with the tools and insights they need to shop more consciously.

Tredence Launches Energy.AI

Retrieved on:

Thursday, March 9, 2023

Energy, Digital, Social, SAN, Telecommunications, Biophysical environment, Social Security Government Pension Offset, Commission on Sustainable Development, Carbon, Intelligence, Data science, ESG, AI, Organization, CPG, Renewable energy, Media, Telecom

SAN JOSE, Calif., March 9, 2023 /PRNewswire/ -- Tredence Inc., the Data Science and AI Solutions company, today launched Energy.AI, an innovative AI solution to help telecom, technology, manufacturing and CPG companies increase energy efficiency and meet Environmental, Social and Governance (ESG) and UN Sustainable Development goals. Energy.AI helps enterprises monitor, capture, and optimize energy usage and improve operational efficiency, increasing speed to action by a minimum of 30 percent.

Key Points:

Responsible leadership in today's digital age necessitates the adoption of sustainable practices and the careful utilization of resources.
"Green business is good business for companies and the environment alike, but telecoms and manufacturing companies have struggled when it comes to energy consumption and sustainability," said Krishna Kuppuswamy, Head of Global Supply Chain Practice at Tredence.
Tredence has already helped one telecom giant improve asset performance by 17 percent, reduce energy usage by 10 percent and save nearly $100 million in energy costs.
"Energy.AI delivers maximum value for telecoms striving to achieve sustainability, while optimizing energy emissions and costs," said Lakshmi Ramamurthy, Head of Telecom, Media, and Tech at Tredence.

Élephante Beach House Partners with GreenPlaces to Reduce Carbon Footprint & Become Carbon Neutral

Retrieved on:

Thursday, February 2, 2023

SANTA MONICA, Calif., Feb. 2, 2023 /PRNewswire-PRWeb/ -- Wish You Were Here Group has always focused on creating sustainable spaces, but this year the restaurant group's Élephante Beach House – a buzzing rooftop bar and restaurant in Santa Monica, CA – has stepped up their climate commitment by becoming a carbon neutral business with the help of sustainability partner GreenPlaces. Last Spring, the Southern Mediterranean-inspired restaurant completed its first Greenhouse Gas Inventory Assessment to identify the emissions they produced and used in 2021, and then achieved carbon neutrality by offsetting those emissions through verified environmental investments that reduce or remove carbon dioxide from the atmosphere.

Key Points:

Wish You Were Here Group's Élephante Beach House in Santa Monica, CA is now a Carbon Neutral business.
The local jobs created by this project provide lasting benefits include reduced consumption of natural resources and positive impacts for women and girls.
This project allows energy harvested from flowing water to generate electricity as a renewable energy source in Turkey.
These hydropower plants provide power without causing airborne pollutants and help to displace power generated by harmful fossil fuels.

Southern Company builds on sustainability transparency leadership

Retrieved on:

Monday, November 7, 2022

ATLANTA, Nov. 7, 2022 /PRNewswire/ -- Consistent with its commitment to transparency and stakeholder engagement, Southern Company has published its 2021 Corporate Responsibility Executive Summary, refreshed key environmental, social and governance (ESG) data and published a new Trade Association and Climate Engagement Report. These materials can be found in the Data, Downloads and Reports section of the Company's website.

Key Points:

"Southern Company and its operating companies have remained focused on producing clear and comprehensive disclosures that help investors better understand our company and strategic initiatives," said Tom Fanning, chairman, president and CEO for Southern Company.
Southern Company has long believed corporate responsibility and corporate strategy are inextricably linked.
Southern Company also published its 2021 Trade Association and Climate Engagement Report, highlighting its continued constructive engagement with policymakers.
Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries.

Lumiii Partners with University College London's EdTech Labs to Fundamentally Reshape Education Through Its Learn-to-Earn Gaming and Anime Series

Retrieved on:

Tuesday, June 7, 2022

"Our partnership with UCL EdTech Labs Accelerator will help us bring Lumiii to the estimated two billion learners emerging over the next 30 years."

Key Points:

"Our partnership with UCL EdTech Labs Accelerator will help us bring Lumiii to the estimated two billion learners emerging over the next 30 years."
UCL EdTech Labs accelerator program launches in America with its first cohort of startups, and Lumiii has been recognized as one of the most exciting edtech products.
"UCL Edtech Labs is delighted to be partnering with the team at Lumiii," said Houtan Froushan, UCL EdTech Labs Program Director.
UCL ETtech Labs is supported by Santander Universities, AWS, OneValley and IDEALondon, and is in an alliance with University College London.