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Howden launches the Resilience Laboratory supported by Microsoft to measure and evaluate climate risk

Stuart Mitchell

Howden, the international insurance intermediary group, has launched the Howden Resilience Laboratory, a platform designed to transform how clients evaluate and manage climate risks. The Laboratory uses Microsoft technology to provide innovative, data-driven solutions for client challenges associated with the impacts of climate change. Developed by Howden and powered by Microsoft’s cloud services – Azure, Microsoft 365 and Dynamics 365 – the Resilience Laboratory enables clients to model climate scenarios and assess financial impacts. By transforming large volumes of complex data – environmental, societal and financial – into actionable insights,…

PepsiCo Launches “Taste of Tomorrow” to Bring Flavor and Funding to HBCU Students in STEM

Stuart Mitchell

PepsiCo announced the launch of “Taste of Tomorrow,” an initiative designed to increase Black representation in Science, Technology, Engineering and Math (STEM) careers because despite the rapid growth of STEM jobs, Black professionals remain underrepresented making up only 9% of the STEM workforce. To help address this disparity, PepsiCo and the PepsiCo Foundation are investing $350,000 in financial support and providing additional resources to Historically Black Colleges and Universities (HBCUs), particularly for students pursuing careers in food science and technology. As the employer of choice for STEM careers, this initiative…

New analysis from Ceres shows top North American investors with net zero commitments have elements of climate action plans in place

Stuart Mitchell

A new analysis of 48 of the largest North American investors finds most of them have bold commitments to align their investing and portfolios with a net zero emissions future and most of those with commitments have developed elements of Investor Climate Action Plans, or ICAPs, to show how they will deliver on them.   The analysis, Investor Climate Action Plans are Becoming a Norm, released recently by Ceres, examined the public climate disclosures made by these investors, collectively representing more than $60 trillion in assets under management, more than half…

EcoVadis Index: More Companies Are Mastering Sustainability Fundamentals to Reduce Risk, Build Resilience and Prepare for Due Diligence

Stuart Mitchell

Companies of all sizes across the EcoVadis Network, particularly those with multiple ratings, are making measurable progress on a broad spectrum of sustainability challenges. These insights and more are found in the eighth edition of the Business Sustainability Index, published recently by business sustainability ratings provider EcoVadis.   This edition of the Index explores the trends behind the 125,000+ supplier sustainability ratings (~38,000 in 2023 alone) EcoVadis has delivered to 1,200 leading procurement teams from 2019 through 2023. It looks at how these suppliers, spanning all global regions and major…

IEA policy review highlights UK leadership on climate policy and emission reduction efforts

Stuart Mitchell

Renewables and coal phase-out has helped the United Kingdom lower electricity system emissions, but greater focus is needed on end-use sectors to further advance its clean energy transition The IEA regularly conducts reviews of the energy and related climate policies of its member countries and provides recommendations – a process that supports energy policy development and encourages the exchange of international best practices and experiences. This latest review of the United Kingdom, based on work conducted during its previous government, finds that it has made significant progress to-date on emissions…