Month: September 2022

Cummins Invests in Energy Storage Company as Part of Decarbonization Efforts

Stuart Mitchell

Cummins Inc., a global power technology leader, is investing $24 million into VoltStorage, a leading technology company producing energy storage systems based on environmentally friendly redox flow technology. “Cummins is committed to developing a range of solutions that will enable our customers’ success as we advance our Destination Zero strategy and decarbonize our diverse markets,” said Jennifer Rumsey, Cummins’ President and Chief Operating Officer.  “By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage. Addressing climate change will take a comprehensive approach…

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Octopus Energy and Nest form joint venture with GLIL to invest £400m in world’s largest offshore wind farm

Stuart Mitchell

Octopus Energy Group’s generation business, one of Europe’s largest investors in renewable energy, has worked with Nest to take a stake in the Hornsea One Wind Farm, the world’s largest operational offshore wind farm, making a positive impact with UK pension savers’ money. Octopus Energy Generation’s fund management team invested £200m in Hornsea One on behalf of Nest, one of the UK’s largest pension schemes representing a third of the UK workforce. Through a joint venture with GLIL Infrastructure, who are also investing £200m, together they’ve acquired a 12.5% stake…

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New Study Finds Sustainability Demands Are Propelling Supply Chain Strategies

Stuart Mitchell

According to a new study conducted by Forrester Consulting, digital transformation, sustainability initiatives, and customer experience improvements are among the top priorities driving the development of new corporate supply chain strategies. The Forrester Consulting research study, “Increase Brand Loyalty and Generate ROI with Improved Traceability,” was commissioned by Rockwell Automation to understand the degree to which environmental, social, and governance commitments, external regulatory demands, and brand reputation drive private-sector interest in supply chain traceability solutions. The 2022 report summarizes the results of a survey of over 300 global supply chain…

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Jaguar Land Rover Announces 2030 Sustainability Targets

Stuart Mitchell

Jaguar Land Rover has committed to reducing greenhouse gas emissions across its operations by 46 per cent by 2030. In addition, the company will cut average vehicle emissions across its value chains by 54 per cent, including a 60 per cent reduction throughout the use phase of its vehicles.  The goals, which are approved by the Science Based Targets initiative (SBTi), confirm the company’s pathway to a 1.5°C emissions reduction in line with the Paris Agreement. The commitment by Jaguar Land Rover meets the most ambitious goal set in Paris. …

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Spark Foundry launches trends microsite looking at Sustainability, the Metaverse and Social Commerce

Stuart Mitchell

 Spark Foundry, the UK Acceleration agency, part of Publicis Media, has announced the launch of its new quarterly trends microsite; ‘Insights Accelerated’.  The report, which can be accessed here, will look at three themes:  Social commerce: and the way it is changing people’s buying behaviours Metaverse: and how consumers discussions are evolving over time Sustainability: and what the public are most interested to understand Using a mix of agency insight tools; Social Sparks (social listening), Intent-Based Planning (semantic analysis) and The Street (external panel), ‘Insights Accelerated’ will highlight three insights and three predictions for…

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