Tag: 3BL

The Women@Cadence Program aims to provide a safe space for women to share experiences, mentor one another, and create opportunities for professional and personal growth. With a global presence, this initiative amplifies women’s voices everywhere, empowering them to lead, inspire, and drive lasting change across the industry. Recently, the Women@Cadence America’s Group hosted end-of-year networking sessions at various Cadence sites, where women discussed the highlights of 2024 and what they can look forward to in 2025. Below, you can read insights from several women employees at our Austin and San Jose sites.

Khalilah Shaw 

Khalilah, a sr. project coordinator, shared her experience attending the Austin social.

Can you give a brief overview of the social? What was your favorite moment from the event?

It was a casual end-of-year/appreciation social for the group. We received customized desk lamps for gifts that were great. Nandini Chintala, Solutions Group Director, and Women@Cadence America’s co-lead, presented a review of our activities/events from 2024, and we discussed our interests for 2025, such as group fitness classes, walking, etc. This got a lot of energy flowing in the room. My favorite part would be the “social” part, eating delicious, sweet treats and socializing with the members. It was all easy smiles and relaxed vibes. We got an opportunity to check in with each other and get excited about the group opportunities in 2025.

What does having a Women@Cadence community at your site mean to you?

The Austin Women’s group is a space of easy camaraderie, encouragement, and understanding, a space of diverse individuals who share the desire to thrive in the workplace. It’s a safe space for women to encourage each other to seek/ provide guidance, resources, and support. I’ve met so many people that I don’t have a work relationship with (technical vs non-technical, different BUs and roles), but I can still connect with them. The Women@Cadence Austin community is an in-person safe space of allies willing to support and encourage me within Cadence.

Cami DeAnda

Cami, an application engineer in Austin, also shared her thoughts regarding future Women@Cadence opportunities and how she plans to leverage them.

What learnings or takeaways would you like to share?

My takeaway is the same one that I feel after every Women@Cadence group gathering: It’s always such a great feeling to be in a room filled with other women who inspire me. Knowing that I have the support of other women who have probably gone through similar experiences throughout their careers makes me feel motivated. They have and continue to pave the way for everyone around them.

What upcoming Women@Cadence events are you most excited about, and what do you hope to gain from attending?

Next year, I’m excited to continue building on the events we did this year! We have a couple of exciting events in the discussion that I’m looking forward to, such as a local mentorship Meet and Match and a practice presentation skill series. I’m also going to mix in some fun here and there with group exercises and extracurricular activities. I plan to continue building a team and support group for all the women involved, trying to give everyone else a sense of community.

Fatima Kammona

In San Jose, Fatima, an application engineer, described her thoughts, especially about what it means to have this women’s community in San Jose.

“As someone who just graduated and moved to a new area, it’s tough to find that same sense of community you had in school—whether it was clubs, organizations, or just hanging out with friends between classes. Women@Cadence has really filled that void for me. It’s a group of awesome people with various life and career experiences who are genuinely excited to share and connect. Plus, it’s just a fun group to be around—people you want to spend time with. I didn’t realize how much I missed that vibe until I was at a meeting, playing bingo, laughing, and just having a good time. The meeting left me excited to see what’s coming next!”

The Women@Cadence program is excited to continue empowering women to advance in their careers and inspire the next generation of innovators. This is not just a commitment to equity; it’s an investment in a diverse and innovative future for all industries.

Learn more about life at Cadence.

CNH brand, New Holland, a global leader in agricultural machinery and solutions, will again participate in World FIRA.

It is the premier event for agricultural robotics and automation and meeting place for farmers, OEMs, start-ups, scientists, and investors to design the future of agriculture.

The brand has been present at the event since its first edition in 2016 and recently signed a multi-year agreement with the show – demonstrating its fundamental role in the agriculture of tomorrow.

At World FIRA 2025, New Holland will offer an insight into its latest advancements in precision farming and automation, designed to enhance grower productivity and sustainability. Attendees will have the opportunity to experience the cutting-edge innovations that are shaping the future of farming.

New Holland is continually working on solutions that make operators’ tasks less strenuous and help increase efficiency while reducing waste and soil pollution by creating synergies between tractors and “smart” implements.

At World FIRA, New Holland will display one of the innovation projects currently under development, Advanced Vision Assisted Guidance for specialty tractors, a technology developed in-house, and that was recently recognized with an EIMA Technical Innovation award.

New Holland invites all attendees to visit their booth to learn more about their innovative solutions and engage with their team of experts. For more information about New Holland’s participation in World FIRA 2025, please visit https://world-fira.com/.

Read the full article here.

Originally published in FedEx’s 2024 Global Economic Impact Report

Global economic impact 
The extensive FedEx network moves more than $2 trillion worth of goods every year, providing vital shipping and logistics services that help customers connect with local, regional, and international markets. Beyond supporting multinational corporations and enabling small businesses to grow their own operations, FedEx makes significant economic contributions through its capital investments, employee wages, purchases with local suppliers, and tax payments.

Direct impact

FedEx makes substantial contributions to global net economic output, particularly in sectors related to its core transportation and logistics services. 

In FY 2024, FedEx contributions accounted for approximately 0.9%7 of overall net economic output in the Transportation, Storage, and Communications sector, as defined by the United Nations Conference on Trade and Development (UNCTAD). Contributions from FedEx helped that sector’s total net economic output grow to approximately $9.8 trillion in FY 2024, a 10% increase over the previous fiscal year.

Despite challenging conditions, the global economy as a whole also grew in FY 2024. Worldwide net economic output reached an estimated $107 trillion, up from an estimated $103 trillion in FY 2023. Contributions from FedEx accounted for 0.08% of the total, a considerable amount for a single company. For context, the FedEx direct impact on the global economy is approximately 1.6 times greater than the impact of an average active business with more than 100,000 employees in the Dun & Bradstreet Data Cloud.8

This impact is possible because of the company’s advanced transportation and logistics network, which FedEx continues to optimize. With its integrated road and air hubs, strategically located package sorting facilities, specialized services such as cold chain storage, and neighborhood shipping centers, FedEx helps businesses reach customers nearly anywhere in the world. The U.S. section of this report includes descriptions of some of these facilities to illustrate the role that each plays in FedEx operations.

In addition to these facilities, FedEx employs more than 500,000 people around the world to help ensure fast, reliable service. The range of FedEx occupations reflects the size and diversity of the company’s services, and includes pilots, truck drivers, package handlers, maintenance personnel, technology professionals, customs and logistics experts, product specialists, meteorologists, and more. Team member profiles included throughout this report offer a closer look at individuals who perform a range of these important jobs.

FedEx is committed to offering its employees high-quality jobs and career advancement opportunities. For example, FedEx offers continuous learning opportunities for frontline workers, including online and mobile learning platforms for operations employees, training programs for package handlers, driver development programs, and maintenance apprenticeships. To foster internal promotions, FedEx offers a company-wide leadership development program for high-potential officers and directors and one-on-one executive mentorship as well as coaching.

Indirect impact 
FedEx contributions to global net economic output create additional economic activity across its business network, which is reflected in the company’s indirect impact. Because of the relationships within and across sectors of the economy, FedEx contributions such as its revenues, wages, and capital expenditures can drive production increases at other companies — both in closely related sectors such as transportation and in other areas of the economy such as manufacturing, construction, and retail.

FedEx indirect contributions to total worldwide net economic output reached an estimated $39 billion in FY 2024, a 10% increase over the company’s indirect contributions in FY 2023. Given its role as a major provider of transportation and logistics services, FedEx made the largest indirect contribution to the global Transportation, Storage, and Communications sector9 (an estimated $20.4 billion). FedEx also indirectly contributed an estimated $10.1 billion to the global Manufacturing sector.10

Impacts through the supply chain 
FedEx relies on a diverse network of approximately 100,000 suppliers to maintain its global operations. These extensive relationships generate significant economic impact beyond the company’s direct and indirect contributions. The purchases FedEx makes from suppliers stimulate follow on business activity across national and local economies, including each vendor’s revenues, employment, taxes, and capital investments.

To quantify this impact, Dun & Bradstreet analyzed FedEx spending with roughly 83,000 unique suppliers over CY 2023.

FedEx spent approximately $63 billion with these global suppliers during that period, providing a source of revenue that enables supplier companies to make purchases from their own suppliers, grow their operations, and hire employees. For example, FedEx spending supported an estimated 730,000 jobs at its supplier companies in CY 2023.

Small- and medium-sized businesses (SAMs)11 make up 90% of the FedEx supply chain. As a result, FedEx supplier purchases provide a significant economic contribution to the global SAM market. In CY 2023, FedEx spent an estimated $21 billion with SAM suppliers around the world, and those purchases supported approximately 400,000 small business jobs.

FedEx supports small businesses through its supplier purchasing and is committed to sourcing from diverse businesses that are competitive in quality, service, and cost. For example, FedEx spent $18.6 billion with small and diverse suppliers in the U.S. during CY 2023.

To support the development of diverse suppliers, FedEx provides alliance sponsorships, engages with industry associations, and provides equitable market access opportunities. FedEx also supports programs across the globe to help small and diverse businesses meet specific needs, such as training, mentoring, networking, and helping small businesses access capital.

Impacts through the extended supply chain 
The impact of FedEx spending multiplies down the supply chain. To fulfill demand from FedEx, the company’s direct suppliers often purchase materials, components, or services from their own vendors (known as tier two suppliers), and those tier two suppliers make purchases with their own vendors (known as tier three suppliers).

For example, FedEx purchases vehicles for its surface transportation operations through its fleet management provider, Holman, who then organizes the purchases directly through a manufacturer like General Motors (GM). To support the production of the final vehicle, GM will purchase components from many different suppliers, including major tire manufacturers like Bridgestone. In this way, the purchase of one vehicle by FedEx supports many tiers of suppliers, from the fleet management company to the automotive dealers, to the vehicle manufacturers, and ultimately the hundreds of suppliers that provide manufactured components in the vehicle production process.

Enabling mission-critical trade for customers 
Trade drives the growth of the global economy. It creates jobs, lifts incomes, and enhances living standards by providing expansion opportunities for businesses of all sizes. FedEx is a trade business, and periodically engages with its customers’ business leaders to track the impact of international trade on their operations and to shape the services that help simplify the movement of goods and services worldwide.

According to a recent survey conducted by Morning Consult,12 commissioned by FedEx, there is nearly universal support among U.S. business decision makers for global trade. Virtually all agree that global trade stimulates economic growth (91%), creates jobs and opportunities (90%), and fosters innovation (88%). The majority of U.S. businesses say that connecting with international markets is mission critical, with 96% of large U.S. businesses and 97% of businesses that import/export agreeing that international connectivity is important to their success.

Conversely, FedEx customers say that trade restrictions greatly impact their business. Morning Consult’s 2024 trade data found that an overwhelming majority of U.S. businesses (84%) have been at least minimally impacted by tariffs, trade restrictions, or ongoing trade tensions. This impact is mostly felt in an increase in the cost of raw materials (57%), shifts in suppliers due to uncertainty of supply (37%), economic uncertainty from investment delays and currency exchange fluctuations (37%), and lost sales due to uncertainty of supply (35%).

As e-commerce reshapes global trade, the impact of trade restrictions on U.S. small- and medium-sized businesses will be even greater. Consider de minimis, a trade policy that allows goods of minimal value to be imported duty-free. A change to this policy in the U.S. would harm small- and medium-sized businesses and consumers, creating impacts that would extend across borders throughout the global e-commerce community.

FedEx remains committed to fostering greater global connections because international trade is essential to its customers. By moving millions of packages each day, the company has gained deep knowledge of trade lanes, laws, industries, shippers, and consumers. Those insights help FedEx pursue its goal of making supply chains smarter and more efficient for all. At the same time, the company is leveraging that knowledge on behalf of its customers of all sizes to address trade barriers — especially non-tariff barriers, such as data flow restrictions, local content requirements, and outdated customs regulations.

FedEx will continue to champion the benefits of global connectivity for consumer choice, economic growth, opportunities for individual companies and their workers, and improved quality of life. 

7 Global direct and indirect impact figures are estimated to account for spillover effects of the FedEx network in regions where the company does not have operations.

8 The Dun & Bradstreet Data Cloud houses more than 583M+ company records updated millions times per day. With thousands of vetted global data sources, D&B’s capacity and volume of business data provides its customers with best-in-class coverage, recency, and accurate analytics. Sources are continually monitored for changes and the Data Cloud is updated accordingly.

9 As defined by UNCTAD.

10 As defined by UNCTAD.

11 SAM businesses outside the United States defined as companies with 100 employees or fewer. For U.S.-based companies, SAM businesses defined according to the U.S. Small Business Administration’s size standards for each North American Industry Classification System (NAICS) code.

12 This poll was conducted between August 6-20, 2024 among a sample of 612 Business Shippers in the United States. The interviews were conducted online and the data were left unweighted. Results from the full survey have a margin of error of +/-4 percentage points.

Read more

Click here to learn about FedEx Cares, our global community engagement program.

As previously seen on the CSRHub blog.

CSRHub partners with Enhesa to offer guidance for CSRD compliance via a new whitepaper: Staying Ahead of Sustainability Demands – How to navigate the complexities of a shifting compliance landscape.

The EU announced that it will soon implement its Corporate Sustainability Reporting Directive (CSRD). Most large companies based in Europe or doing business in Europe need to prepare to comply with this directive.

CSRHub offers comprehensive consensus performance data and tools to benchmark, assess risk, CSRD priorities and suppliers. Enhesa provides regulatory context and expert interpretation of global sustainability standards to help companies navigate the complex sustainability environment. Their platform with CSRHub data tools supports development of a robust compliance strategy that will position your company for success under the CSRD.

Download the whitepaper: Staying Ahead of Sustainability Demands – How to navigate the complexities of a shifting compliance landscape. 

About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 57,528 public and private companies, and provides ESG performance scores on over 38,833 companies from 134 industries in 156 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 967 sources to produce a strong consensus signal on corporate sustainability performance. Interested in learning more about CSRHub? Click here.

In 2024, O-I demonstrated more progress towards our commitment to decarbonize the glass-making industry. We’re moving the needle by advancing emissions reduction through scalable glass furnace technology, investing in renewable energy, and increasing cullet – the industry term for recycled glass — in our plants. These results flow from a consistent execution of our strategy and the creativity and ingenuity of our teams across the globe executing it.

Every inch of mileage we gain in decarbonization is also a win for our customers. They’re counting on us to innovate the glass-making process and help glass realize its full potential as the ideal packaging material to support the circular economy.

Achieving a 20% Reduction in GHG Emissions

One of our most notable achievements is reducing greenhouse gas emissions (GHG) by 20% since our base year of 2017 and a further 2% decrease over the previous year. This milestone is a testament to our commitment to reducing our environmental footprint and consistent execution of our strategy.

Our investment in furnaces with gas-oxygen combustion and heat recovery (GOAT) in strategic plants across our footprint is an important lever in our strategy. Following the successful start-up of a GOAT furnace at our Vayres, France facility in 2023, we announced a new GOAT furnace at our plant in Gironcourt, France that will start production in early 2025 – a plant that produces 1.9 billion bottles a year, primarily for the beer market. Both the Vayres furnace and the Gironcourt furnace increase energy efficiency and lower emissions by utilizing waste heat to preheat incoming materials.

A major transformation including gas-oxy is underway at our plant in Alloa, UK. The transformation includes a rebuild of one existing furnace as well as the construction of an all-new furnace; both featuring state-of-the-art technology and improved sustainability.

Investing in Renewable Electricity and Process Electrification

The transformation in Alloa also includes using increased levels of electricity in the melting process, a key pillar of our sustainability strategy. This is another area where we’re making consistent progress by increasing electrification in our glass-making processes.

O-I also continues to increase the amount of renewable electricity in our energy mix. Globally, 35% of our electricity usage is from renewable sources — against a 40% goal by 2030.

This shift not only reduces our reliance on fossil fuels but also supports the global transition to cleaner energy. Our investments in renewable energy projects and increased electrification, like the transformation at Alloa, are a crucial part of our sustainability strategy.

In 2024, we announced plans for the electrification and decarbonization of our plant in Veauche, France. One of the plant’s two furnaces will be fully renovated and equipped with state-of-the-art hybrid-flex technology – the first in our footprint.  This hybrid technology will allow the furnace to utilize up to 70% electricity in the melting process.

This hybrid flex technology represents another step forward in improving the sustainability profile of our plants. Not only is the glass we produce infinitely recyclable and healthy, our approach to producing it is holistic, as we continue to focus on cutting-edge technology and energy.

Increasing Cullet Use at Our Plants

We have a lot to celebrate in terms of cullet. The math here is simple: the more recycled content we use, the less energy our furnaces need, and the fewer emissions we create.

In 2024, we advanced the global average of cullet use to 40%. A mountain of effort goes into getting more cullet into our plants, particularly in places where glass recycling infrastructure is fractured or nearly non-existent, like in pockets of the Americas.

I harp on glass recycling systems because in regions where there’s high availability of recycled glass due to strong recycling systems, our plants are running at 75% and higher.

Look no further than France as a proof point. France is a leader in glass recycling with a glass collection rate of more than 80%. It’s no coincidence that our highest running cullet plants are in France. Our plant in Béziers, France, achieved 83% external cullet; in Labégude, we hit 79%, with the Wingles plant close behind at over 78% cullet.

In regions without strong recycling systems, we’re building them. We begin by focusing on the communities near our plants. Take Colorado, for instance. The state has a 16% recycling rate. But with a plant in Windsor, we’re very motivated to advance recycling in the region.

From late 2023 to late 2024, nine Colorado communities gained access to glass recycling through programs we spearheaded. We sought out partnerships and collaborations with customers, municipalities, and waste haulers to keep glass in the manufacturing stream and out of the landfill.

Meanwhile, our Glass4Good initiative – where we collaborate with local non-profits and municipalities to create social impact through recycling – collected 25% more glass than in 2023.  The active programs are in:

Jefferson County, Pennsylvania: Brockway and Crenshaw plantsJames City Country, Virginia: Toano plantGreeley, Colorado: Windsor plantDanville, Virginia: Danville plantBowling Green, Kentucky: Bowling Green plant

Sustainable Glass Making

O-I Glass’s achievements in reducing GHG emissions, increasing renewable electricity usage, and maximizing cullet in our plants are significant milestones in our sustainability journey. Our investments in sustainable projects across our footprint demonstrate our commitment to innovation and supporting glass as the ideal circular material. As we continue to advance our sustainability efforts, we remain dedicated to creating a more sustainable future for our communities, our customers, and the planet.

On November 9, Lenovo, in collaboration with the Shanghai Natural History Museum, launched the “Awakening Earth’s Majestic Creatures with AI” digital exhibition. This groundbreaking project uses Lenovo’s proprietary spatial computing with AI-generated content (AIGC) technology to digitally resurrect three iconic specimens from the museum: the Yangtze River Baiji dolphin, the fin whale, and the mammoth. Visitors can immerse themselves in a VR experience, exploring the lifelike depictions of these majestic creatures in custom-themed environments, enhancing the educational and interactive aspects of the museum visit.

The story behind these iconic specimens

The selection of these iconic creatures—Qiqi the Baiji dolphin and the stranded fin whale—was driven by their remarkable histories and the emotional impact they leave behind.

On July 14, 2002, the world bid farewell to Qiqi, the only successfully captive-raised Baiji dolphin. A 25-year-old male, Qiqi passed away at the Institute of Hydrobiology of the Chinese Academy of Sciences. Measuring 2.07 meters and weighing 98.5 kilograms, Qiqi was a unique ambassador for his critically endangered species.

Baiji dolphins, native to China’s Yangtze River, are among the rarest aquatic mammals, with fewer than 100 individuals remaining in the wild. Captured by fishermen in 1980, Qiqi spent nearly 23 years in captivity, providing invaluable data that advanced global knowledge of freshwater cetaceans. His story attracted visitors and media worldwide, raising awareness about the plight of his species.

Meanwhile, another unforgettable story unfolded on March 20, 2017, when a stranded fin whale was discovered at the confluence of the Yangtze River and Hangzhou Bay. This incident attracted widespread attention, as the whale’s unusual location sparked a deep public interest. Over the next three and a half years, the Shanghai Natural History Museum meticulously cleaned, degreased, and mounted the whale’s skeleton. Today, the 22-meter-long male fin whale stands as the longest fin whale skeleton in China.

AI enhances museum experience

These stories are not just about loss—they are about preserving the legacies of these magnificent creatures. The exhibition brings the stories to life through immersive VR experiences. Technology transports visitors to the depths of the ocean, the flowing waters of the Yangtze River, and the icy realms of the past, where they can witness these majestic creatures in their natural habitats.

Lenovo carefully designed three major themes for this digital showcase:

The Yangtze River Dolphin – The Vanished Goddess of the YangtzeThe Fin Whale – The Deepest-Dwelling Giant MammalThe Mammoth – A Beast from the Ice Age.

For example, the fin whale exhibit allows visitors to dive deep into the ocean and swim alongside the largest mammal on Earth, uncovering its migration patterns, feeding, and reproductive behaviors.

‘AI + Culture’

Lenovo harnessed the power of AI to digitally “revive” Earth’s majestic creatures, creating lifelike experiences that allow audiences to explore these animals as they once were. This was made possible through high-precision scans of the three specimens, combined with AI algorithms and manual restoration techniques, which helped create accurate digital models. This innovative approach not only preserved the creatures’ physical characteristics but also brought their stories to life, making the experience both educational and emotionally engaging.

The spatial computing with AIGC technology used in this project takes things a step further, processing large datasets quickly to create high-quality 3D models and interactive experiences. Lenovo is a pioneer in integrating spatial computing with AIGC, creatively transforming cultural heritage and paving the way for future innovation.

Mao Shijie, Vice President of Lenovo Group and Head of Lenovo Shanghai Research Institute, said, “As new technologies like AI continue to evolve, the fictional worlds of sci-fi are now becoming a reality. AI advancements are breaking down barriers to knowledge, allowing more people to directly experience and understand biodiversity. This ‘Awakening Earth’s Majestic Creatures with AI’ digital exhibition project is our new attempt at expanding ‘AI + Culture’ applications.”

Through this groundbreaking digital project, Lenovo demonstrates the potential of blending cutting-edge technology with the protection of the planet’s biodiversity. The “Awakening Earth’s Majestic Creatures with AI” exhibition serves as a powerful call to action—inviting the world to join the movement for biodiversity conservation, while envisioning a future where humanity and nature coexist in harmony.

WALLDORF, Germany, January 23, 2025 /3BL/ – SAP SE (NYSE: SAP) announced the general availability of the SAP Green Ledger solution, the most comprehensive carbon accounting system globally that integrates directly with customers’ financial data.

Part of SAP Sustainability solutions, SAP Green Ledger allocates carbon emissions to specific economic activities and transactions captured by ERP solutions from SAP. This innovation empowers organizations to accurately account for, analyze and report carbon footprints across products, services, and organizational units.

Addressing the growing consensus that decarbonization is required to combat climate change, SAP Green Ledger helps companies:

Track and account for carbon footprints in relation to their financial impactLower emissions alongside financial optimization and thus facilitate carbon budgetingEstablish carbon planning for carbon neutrality and net zero targetsBenchmark departments, business units and profit centers from both a financial and environmental perspectivePrepare for sustainability auditsImprove supplier-based processes to decrease carbon emissions in the supply chain (2025)

SAP Green Ledger builds on existing financial and ERP solutions from SAP that are established in thousands of companies worldwide. By extending these solutions to integrate emissions data, businesses can make more informed, sustainable decisions that link environmental impact with financial performance, enhancing compliance, efficiency and transparency.

“Enormous investments are required to abate CO2 in order to curb global warming. Besides smart, reliable regulation also accurate data on emissions along the supply chain is paramount to trigger the necessary investment,” said Dominik Asam, CFO and member of the Executive Board of SAP SE. “Only by moving from averages to actuals – audited at reasonable assurance – can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet. SAP Green Ledger delivers precisely that.”

Today, SAP Green Ledger provides a first step for businesses to address regulatory requirements by integrating financial and environmental data. It helps companies navigate the complex global landscape of sustainability regulations, such as EU CSRD*, while establishing a scalable foundation over time, to adapt to evolving regulations such as EU ETS** and EU CBAM†, as well as to international standards such as ISSB††. The launch of the solution marks the beginning of a new era in carbon accounting systems, which are expected to significantly impact businesses worldwide as decarbonization becomes a legal and market imperative.

SAP Green Ledger was developed with support from companies such as Accenture, Deloitte, EY, PwC and TCS (Tata Consulting Services) as well as with pilot customers such as Covestro. Covestro is currently evaluating SAP Green Ledger in an early pilot phase and testing the linking of carbon dioxide values to SAP Green Ledger, as they are generated during the manufacture of specific products in the supply chain.

Accenture is helping organizations achieve their net-zero and sustainability targets in a rapidly evolving regulatory landscape. “As organizations seek to gain visibility into both the financial and environmental performance of their businesses, SAP Green Ledger can provide the sustainability metrics and insights needed to enhance decision-making that reduces emissions, drives efficiencies and optimizes performance,” said Stephanie Jamison, global resources industry practice chair and global sustainability services lead at Accenture. “As a strategic co-innovation partner, Accenture helped shape the development of SAP Green Ledger and can apply our understanding of the technology and its capabilities to help our clients get the most for their organization.”

Through its Strategic Advisory Group for Green Ledger, SAP was able to gain insights from Deloitte’s breadth and depth of knowledge in sustainability measurement and reporting. “SAP Green Ledger offers new levels of precision in carbon accounting for organizations as they track, manage and report their greenhouse gas emissions, and provides leaders with a holistic view of the costs and benefits of sustainability initiatives, enabling them to make data-driven decisions that can build business resilience,” said Jennifer Steinmann, Deloitte Global Sustainability Business leader.

Deloitte is working with companies as they adopt sustainability disclosure standards and get ready for assurance. “Technology solutions can help generate traceable, bottom-up emissions data,” said Veronica Poole, Deloitte Global IFRS and Corporate Reporting leader. “Leveraging the robust governance and controls of enterprise systems is needed to help organizations achieve the rigor that enhances corporate accountability and enables a move to reasonable assurance.”

Norman Emmenlauer, partner for CFO-Led Sustainability at EY Business Consulting, said about SAP Green Ledger: “This is a solution that integrates carbon accounting into the core financial processes, making sustainability a tangible part of business operations.”

Carina Schoellmann, partner for ESG Data & Tech at EY Technology Consulting, added: “This solution will help our EY clients by seamlessly integrating carbon accounting into their financial systems, enabling more informed and sustainable decision-making.”

Amy Brachio, EY global vice chair for Sustainability, pointed to the strategic nature of the topic: “Sustainability is at the heart of everything organizations do; business operations such as procurement, manufacturing and logistics are great examples. SAP Green Ledger will enable granular and auditable data capture across the value chain, supporting organizations to transform ESG from compliance exercise to value-creation strategy.”

Sameer Shah, partner at EY Technology Consulting, added: “SAP Green Ledger is a game changer for sustainability practitioners, providing the tools needed to measure, manage and report on carbon emissions with the same rigor as financial data.”

“Having participated in the pilot program, we’re excited to see the launch of SAP Green Ledger, an essential digital approach for integrating carbon accounting and management into strategic business operations,” explained Will Jackson-Moore, global sustainability leader, PwC UK. “With SAP Green Ledger, businesses can seamlessly align financial performance with sustainability goals, while achieving the transparency and precision needed for real-time emissions reporting and resource management. Building on this foundation, PwC is developing CSRD-ready content to enable end-to-end reporting and steering, helping organisations meet regulatory requirements, prioritise sustainability at the C-level, and drive meaningful change in environmental accountability. We’re proud to support our clients in leveraging SAP Green Ledger to navigate complex sustainability challenges, achieve measurable decarbonisation and progress toward net-zero commitments at speed.”

SAP partner TCS has also cooperated on SAP Green Ledger, with a focus on accelerating action to achieve carbon neutrality. TCS Enterprise Solutions Global Head Vikram Karakoti said, “With our participation in the pilot program for SAP Green Ledger, TCS is embracing innovative sustainability solutions to build a better future. This will enable organizations to move beyond regulatory compliance and make sustainability a growth engine. By embedding carbon data into the enterprise planning process, organizations can unlock previously unexplored areas for growth, transformation and environmental renewal.”

Visit the SAP News Center. Follow SAP at @SAPNews.

*The EU’s CSRD (Corporate Sustainability Reporting Directive) defines the rules concerning the social and environmental information that companies have to report. It entered into force on 5 January 2023. 
**The EU ETS (EU Emissions Trading System) is a “cap and trade” system to reduce emissions via a carbon market. Since 2005, it requires polluters to pay for their greenhouse gas (GHG) emissions, covering emissions from the electricity and heat generation, industrial manufacturing and aviation sectors – which account for roughly 40% of total GHG emissions in the EU. 
†The EU CBAM (Carbon Border Adjustment Mechanism) is the EU’s tool to put a fair price on the carbon emitted during the production of carbon-intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries. CBAM will apply in its definitive regime from 2026. 
††The ISSB (International Sustainability Standards Board) is developing – in the public interest – standards that will result in a high-quality, comprehensive global baseline of sustainability disclosures focused on the needs of investors and the financial markets.

For more information, financial community only: 
Alexandra Steiger, +49 6227-7-60437, investor@sap.com, CEST

For more information, press only: 
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT 
Daniel Reinhardt, +49 6227-7-40201, daniel.reinhardt@sap.com, CEST 
SAP Press Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2023 Annual Report on Form 20-F. 
© 2024 SAP SE. All rights reserved. 
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or its affiliates) in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

Driving Agility and Collaboration in a Shifting Landscape

Since its formation in 2006, the Beverage Industry Environmental Roundtable (BIER) has unified the beverage sector in its advancement of global environmental sustainability. By addressing critical challenges, driving change across supply chains, and sharing best practices, BIER has consistently elevated the beverage industry’s environmental performance. Through its ability to monitor data and trends, engage key stakeholders, and develop actionable strategies, BIER has emerged as a leader and a north star for environmental sustainability in the beverage sector. Approaching its 20th year, BIER is reaffirming its commitment to adaptability, innovation, and collaboration to navigate the rapidly evolving landscape of environmental sustainability in the Beverage Industry and a renewed focus on supporting its members’ shifting priorities.

Building on the achievements of 2024, including the May Member Meeting hosted by Pernod Ricard and the September Member Meeting at AB InBev, BIER has demonstrated its proactive approach to fostering impactful in-person collaboration. These events tackled critical topics shaping the environmental landscape, including the Task Force on Nature-related Financial Disclosures (TNFD), Corporate Social Responsibility Disclosure (CSRD) implementation, Forest, Land, and Agriculture (FLAG) targets, and the European Union Deforestation Regulation (EUDR). These timely discussions reinforced shared commitments to sustainability roadmaps, watershed health, and regulatory alignment while establishing a strong foundation for continued progress in 2025.

Industry Leadership and Agility

In 2025, BIER is leading with agility and determination, addressing the challenges of climate change and advancing sustainability across the beverage sector. With a commitment to collaborative solutions, BIER empowers the industry to lead in resilience and environmental stewardship. This year’s initiatives include updates to technical guidance, expansion of innovative programs, and strengthened collaborations across its five core pillars:

Water: Ensuring the sustainable management of water resources.Climate: Reducing greenhouse gas (GHG) emissions and advancing decarbonization.Reporting: Enhancing transparency and accountability in sustainability reporting.Circularity: Promoting resource conservation and waste minimization.Nature/Biodiversity: Protecting and restoring ecosystems to ensure long-term resilience.

BIER’s Cool Challenge 2025

As part of its forward-looking agenda, BIER proudly introduces the Cool Challenge 2025, an innovation competition under its Coolition workstream aimed at transforming commercial refrigeration. This year’s competition expands its scope to include bottle coolers, draught systems, dispensing systems, and vending machines, exclusively focusing on the beverage industry.

Award Categories:

Radical Change in Energy Efficiency: Cutting-edge technologies redefining energy efficiency.Incremental Improvement in Energy Efficiency: Optimizing existing systems for improved performance.Retrofit Solutions for Energy Efficiency: Upgrading systems to enhance sustainability.Circularity: Solutions promoting resource conservation and minimizing waste.Business Model Innovation: Transformative approaches driving industry-wide sustainability.Overall Best Solution: Comprehensive innovations addressing energy, circularity, and beyond.

Submissions close on February 14, 2025. Join BIER in shaping a sustainable future for the beverage industry. Submit your proposals here.

GHG Sector Guidance Version 4.3

Building on the groundwork of 2024, BIER released Version 4.3 of the Beverage Industry Greenhouse Gas (GHG) Emissions Sector Guidance in January 2025. This updated guidance provides tools to measure, manage, and report emissions across all scopes. Key updates include:

Alignment with Emerging Standards: Incorporating directives from CSRD and SBTi’s FLAG guidance.Enhanced Methodologies: Improving data allocation for recycling, transportation logistics, and cooling models.Focus on Transparency: Strengthening protocols for data verification and disclosure.

This guidance underscores the beverage industry’s journey toward net-zero emissions by 2040-2050 and exemplifies BIER’s dedication to decarbonization and climate resilience.

Watershed Collaboration: Charco Bendito

Building on the success of the Charco Bendito Watershed Collaboration in Mexico, BIER continues to lead impactful water stewardship initiatives. This project has improved water quality and availability while fostering collective action among stakeholders. The insights gained are being applied to new regions, including India, showcasing the scalability of this collaborative model.

Commitment to Collaboration

BIER envisions a global beverage industry that is authentically sustainable—anchored in science and data, supported by world-class environmental practices, and trusted by consumers, customers, and stakeholders alike. Its mission is to unite global beverage leaders in driving environmental sustainability through collaboration, knowledge sharing, and technical advocacy for meaningful sector-wide change.

Collaboration remains the foundation of BIER’s success. By bringing together diverse perspectives across the beverage industry, BIER fosters a dynamic culture of innovation and shared learning. Reflecting on the achievements of 2024, BIER enters 2025 with renewed urgency and determination to address interconnected challenges. These efforts demonstrate BIER’s ability to anticipate global trends, respond proactively to emerging issues, and inspire collective action.

With a proven record of driving transformative initiatives and a forward-thinking strategy, BIER stands as a beacon of leadership in the beverage industry’s pursuit of sustainability. Together with its members, partners, and stakeholders, BIER is leading the charge toward a resilient and sustainable future for the industry.

Plant will capture up to 100,000 metric tons of CO2 annually for Netherlands-based sustainable energy supplier Twence.

Global energy technology company SLB (NYSE: SLB) announced today that SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands.

The new plant has the capacity to capture up to 100,000 metric tons of CO2 per year, which will be used in applications for the horticulture and food and beverage sectors.

The carbon capture plant is based on SLB Capturi’s standard, modular Just Catch™ design, which reduces onsite installation and outfitting work — providing a more cost-efficient and easier-to-deploy option compared with other market alternatives.

“We are extremely proud of our collaboration with Twence to bring online the first modular carbon capture plant at a waste-to-energy facility,” said Egil Fagerland, chief executive officer, SLB Capturi. “As pressure mounts for industrials to reduce emissions and meet net-zero targets, access to affordable, effective carbon capture technologies is more important than ever. We look forward to continuing our mission to enable access to the capture technologies needed to achieve CO2 emissions reduction impact at scale.”

“We are excited to see the successful completion of our new carbon capture plant,” said Marc Kapteijn, chief executive officer, Twence. “This highly innovative and sustainable project was safely realized by a motivated and committed team and through intensive collaboration with SLB Capturi. In the spring, we will supply the first CO2 to the greenhouse horticulture sector. We are convinced that this technology plays a crucial role in our ongoing efforts to reduce carbon emissions and realize our sustainability ambitions.”

About SLB 
SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

About SLB Capturi 
SLB Capturi is the joint venture between SLB and Aker Carbon Capture, dedicated to carbon removal and reduction solutions. The company’s proven modular technologies enable industries to deploy capture technology at speed and scale, meeting the requirements of tomorrow and the opportunities of today. The company is currently delivering seven carbon capture plants to bioenergy, waste to energy, and cement facilities. Find out more at capturi.slb.com

Media 
Josh Byerly – SVP of Communications 
Moira Duff – Director of External Communications 
SLB 
Tel: +1 (713) 375-3407 
Email: media@slb.com

Hanne Rolén – Head of Sustainability & Communications 
SLB Capturi 
Tel: +47 990 02 571 
Email: Hrolen@capturi.slb.com

Investors 
James R. McDonald – SVP of Investor Relations & Industry Affairs 
Joy V. Domingo – Director of Investor Relations 
SLB 
Tel: +1 (713) 375-3535 
Email: investor-relations@slb.com

Cautionary Statement Regarding Forward-Looking Statements 
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

View original content here.

New Zealand-based Miraka, the world’s first dairy processor to get its power from renewable geothermal energy, has chosen Plex, by Rockwell Automation, to become even more efficient and sustainable.

The company will use Plex to integrate its enterprise resource planning (ERP) systems. ERP is a software system that helps organizations streamline and automate their core business processes—including financial management, human resources, supply chain, sales, and customer relations—across the entire enterprise.

Miraka says its use of geothermal energy enables it to “emit 92% less manufacturing carbon emissions than traditional coal-fired factories, giving Miraka one of industry’s lowest global carbon footprints.” The dairy company will now use Plex to connect, automate, track, and analyze its operations—from the pasture to the factory floor— to take its core values of excellence and innovation to the next level.

Robert Bell, Miraka CFO, calls Plex a “single source of truth,” with intuitive tools that will help Miraka optimize their business and operational performance by increasing efficiencies.

Plex supports Miraka’s goals to become even more resilient, agile, and sustainable by offering a holistic view across the enterprise so Miraka quickly can respond to market demands and customer changes without interrupting production. The Plex software was built around the pillars of smart manufacturing, helping companies not only streamline their operations, but making it easier for them to follow industry standards, grow their business, and live their values.

“Plex is a modular system, so it can grow and adapt as needs change in the future, allowing companies like us to remain agile and stay ahead of the competition,” added Bell.

Learn more about how Miraka is combining geothermal energy with Rockwell’s Plex to become even more resilient and sustainable.