Daily Archives: 27, August 2024

SGS Selected as Official Reviewer for SIX Swiss Exchange’s New Climate Equity Flag, Boosting Corporate Transparency in Sustainability Efforts

(IN BRIEF) SGS has been approved by SIX Swiss Exchange as one of only two sustainability experts to act as official reviewers for the new ‘1.5°C Climate Equity’ flag. This flag allows Swiss-listed companies to demonstrate their commitment to limiting … Read the full press release

Harvest Partners with TA Associates and Montagu for European Expansion in FinTech Sector

(IN BRIEF) Harvest, a leading FinTech company in France, is entering a new growth phase after partnering with global private equity firms TA Associates and Montagu Private Equity. This new partnership comes after five years of successful growth under the … Read the full press release

Revolutionizing Post-Heart Surgery Care with AI: Virtual Assistant Enhances Patient Monitoring

(IN BRIEF) A Spanish hospital has successfully used an AI-powered virtual voice assistant, LOLA, to monitor patients after heart surgery, leading to early detection of complications and high patient satisfaction. This innovative approach has allowed for quicker hospital discharges and … Read the full press release

New Research Highlights the Impact of Urban Noise Pollution on Heart Health and Cardiovascular Risk

(IN BRIEF) Two European studies presented at the ESC Congress 2024 reveal the significant impact of urban noise pollution on cardiovascular health. The DECIBEL-MI study from Germany found that young heart attack patients had been exposed to higher levels of … Read the full press release

HYBRIT Initiative Achieves Breakthrough in Fossil-Free Steel Production, Paving the Way for Industrialization

(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release

BBVA Champions AI Innovation at Barcelona’s KDD Conference, Showcasing Financial Tech Leadership

(IN BRIEF) BBVA actively participated in the KDD (Knowledge Discovery and Data Mining) conference, held in Barcelona from August 25 to 29, 2024. The bank sponsored the event’s Finance Day, which focused on the applications of AI and machine learning … Read the full press release

GRAHAM Sets New Standard in Sustainability with Verified Emissions Data

(IN BRIEF) GRAHAM has secured external verification of its greenhouse gas (GHG) emissions data for the fourth consecutive year through the Achilles Carbon Reduce scheme, in line with ISO 14064-1:2018 standards. This verified data underpins the company’s net zero strategy, … Read the full press release

Rheinmetall Secures Major Contract for Advanced Emission Control Valves, Ensuring Long-Term Production

(IN BRIEF) Rheinmetall has won a significant contract to produce exhaust gas recirculation (EGR) valves for a major car manufacturer, valued in the low three-digit million euro range. The contract will run from January 2026 to December 2031, with Rheinmetall … Read the full press release

The Mobility House Restructures to Enhance Flexibility and Drive Zero-Emission Innovation

(IN BRIEF) The Mobility House has restructured into four specialized business units—The Mobility House Energy, Solutions, Charging, and North America—to better serve the evolving energy and mobility markets. This reorganization aims to enhance flexibility and support the company’s goal of … Read the full press release

Kapsch TrafficCom Leads Sustainability Efforts with Eco-Friendly On-Board Units

(IN BRIEF) Kapsch TrafficCom is enhancing sustainability with its TRP-4010 On-Board Unit (OBU) for toll collection, which has the smallest carbon footprint in its category. The company has introduced a refurbishment program that extends the lifecycle of these units, reducing … Read the full press release

Euronext and Nord Pool Unveil New Power Futures Market for Nordic and Baltic Regions

(IN BRIEF) Euronext and Nord Pool have announced the launch of a new Nordic and Baltic power derivatives market, named Euronext Nord Pool Power Futures. The market will be hosted on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. … Read the full press release

GIGA Storage and TenneT Launch Pioneering Time-Based Grid Contract to Boost Energy Efficiency

(IN BRIEF) GIGA Storage and TenneT have signed the first-ever time-based grid connection contract, allowing GIGA Storage’s 300 MW battery project, GIGA Leopard, to efficiently connect to the electricity grid in Delfzijl, Netherlands. This innovative contract, part of a national … Read the full press release

Energy Industry Embraces AI, But Digital Divide Grows Among Companies, DNV Survey Reveals

(IN BRIEF) A DNV survey reveals that nearly half of senior energy professionals plan to integrate AI-driven applications into their operations within the next year. The survey also highlights a growing divide between “Digital Leaders,” who are excelling in digitalization … Read the full press release

Empa Names Matthias Sulzer as New Head of Engineering Sciences Department

(IN BRIEF) Empa has appointed Matthias Sulzer as the new Head of the Engineering Sciences Department, effective January 1, 2025. Sulzer, an expert in energy and building technology, will succeed Peter Richner, who will retire in March 2025. Sulzer will … Read the full press release

CIMIC Group Secures Key Contracts in Australia and India, Expanding Renewable Energy and Real Estate Footprint

(IN BRIEF) CIMIC Group has secured two significant contracts: one in Australia to build the second phase of the Western Downs Battery in Queensland for Neoen, featuring a 270 MW / 540 MWh Battery Energy Storage System, and another in … Read the full press release

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize has repurchased 250,000 common shares for €7.5 million as part of its ongoing €1 billion share buyback program. This brings the total repurchased shares to 25.7 million, with a cumulative spend of €720.5 million. The buyback … Read the full press release

Chubb Enhances Resilience Services with New Leadership Appointment

(IN BRIEF) Chubb has appointed Amelie Fava-Verde as Senior Vice President of North America Chubb Resilience Services, a new role focused on enhancing the company’s risk engineering and resilience capabilities. With over 20 years of experience in environmental risk and … Read the full press release

Schaeffler to Unveil Advanced Rail Technologies at InnoTrans 2024

(IN BRIEF) Schaeffler will showcase its latest rail transportation technologies at InnoTrans 2024 in Berlin, focusing on enhancing reliability, sustainability, and availability in rail systems. Highlights include the TAROL axlebox bearings, which are known for their durability and low maintenance … Read the full press release

Arkema Achieves ISCC PLUS Certification for Specialty Resins Facility in China, Expanding Sustainable Solutions in Asia

(IN BRIEF) Arkema has received ISCC PLUS certification for its Nansha production site in China, allowing the company to launch a new range of bio-attributed UV/LED/EB curable resins for the Asian market. This certification supports Arkema’s commitment to sustainability and … Read the full press release

BMW Group Plant Hams Hall Introduces SpOTTO the Robodog for Advanced Production Monitoring

(IN BRIEF) BMW Group Plant Hams Hall has introduced SpOTTO, an autonomous robodog developed by Boston Dynamics, to enhance production monitoring and data collection. SpOTTO, equipped with advanced sensors, plays a key role in maintaining the plant’s operations and contributing … Read the full press release