Business Wire

75% of U.S. Energy Leaders Believe Public Sustainability Declarations Don’t Match Private Boardroom Conversations

Share

U.S. energy leaders believe companies are not taking the steps necessary to back up sustainability initiatives and cite transformative technology as a key accelerator to help meet urgent carbon net-zero goals, according to a new State of the U.S. Energy Industry Report conducted in partnership with The Harris Poll. The report, released today, includes data and insights from U.S. energy decision-makers on sustainability and technology across the industry.

Key findings on the current state of the industry:

  • 68% of energy leaders say their companies are not taking the proper steps to back up sustainability initiatives.
  • 85% of energy leaders agree that industry needs to be more transparent about what challenges are being faced and what resources are needed to develop sustainable solutions.
  • 77% of energy leaders say transformative technology including integrated data on emission reduction is an immediate way to become more sustainable.
  • 61% say technology is the most promising area of investment.

“We recognize that digitalization and transformative technology will be the key to meeting climate goals,” said Laurent David, Director Product Development, Aker BioMarine. “We believe that operations efficiency leads to sustainability. In fact, we have initiatives in place in our Houston plant that will enable us to significantly reduce the CO2 intensity in our production, while also increasing our production capacity.”

Report reveals technology and data provide real solutions to address sustainability:

  • Manual data collection continues to be a top challenge, along with data quality and reporting frequency.
  • Two-thirds (64%) say that having perfectly integrated data could help their company better measure and understand how to reduce emissions.
  • Respondents say the biggest benefits of using data to address sustainability in operations include: making information actionable, real-time decision making, contextualization, and breaking out of legacy systems.

“Sustainability starts as a data problem,” said Dr. Francois Laborie, Cognite President, North America. “To be able to address carbon footprints, companies must liberate and contextualize data from legacy systems to make actionable decisions and ultimately streamline operations to address both sustainability and profitability. By harnessing the full insights of data and optimization technology, we can move toward a more sustainable future as an industry together.”

The State of the U.S. Energy Industry Report was sponsored by Cognite and was conducted in partnership with Axios Studio.

To download the full report: https://content.cognite.com/sustainability-report-download

About Cognite

Cognite is a global industrial software-as-a-service (SaaS) company supporting the full-scale digital data-driven transformation of asset-intensive industries around the world. Our core product, Cognite Data Fusion (CDF), is an industrial data operations and contextualization platform, putting raw data into real-world industrial context, enabling rapid application & solution creation at scale. CDF powers companies with contextualized OT/IT/ET data to develop solutions that increase safety, sustainability, efficiency and drive revenue. Visit us at www.cognite.com and follow us on Twitter @CogniteData or at LinkedIn: https://www.linkedin.com/company/cognitedata

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Michelle Holford
Global PR Lead, Cognite
+1 (512) 744-3420 (US)
+47 482 90 454 (Norway)
michelle.holford@cognite.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Smiths Medical Issues Worldwide Notification Regarding the Recall of Jelco ® Hypodermic Needle-Pro ® Fixed Needle Insulin Syringe With Skewed Graduation Markings16.6.2021 20:00:00 CEST | Press release

Smiths Medical has become aware of specific models and lots of Jelco® Hypodermic Needle-Pro® Fixed Needle Insulin Syringes that may exhibit skewed odd number line graduation markings on their syringe barrels. Markings skewed approximately 20 degrees upward have been identified. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210616005888/en/ Jelco® Hypodermic Needle-Pro® Fixed Needle Insulin Syringes skewed graduation marking on the syringe barrel. (Photo: Business Wire) Affected Models and Lot Numbers: Model Number Name Lot Number 4428-1 Jelco® Hypodermic Needle-Pro® Fixed Needle Insulin Syringe 28Gx1/2” 1CC 4046543 and 4062235 4429-1 Jelco® Hypodermic Needle-Pro® Fixed Needle Insulin Syringe 29Gx1/2” 1CC 4014096, 4031846, 4031845, 4040734, 4043536, 4046545, 4046546, 4062239, 4062240, 4062238 and 4062242 Please reference the attachment for an illustration of the skewed graduation marking on the syringe barrel. As a result of

Verimatrix Protects Recode Health’s STRIVE Benefits Mobile App16.6.2021 17:45:00 CEST | Press release

Regulatory News: Verimatrix, (Paris:VMX) (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced its application shielding solutions were selected by Oakland, California-based Recode Health to protect its STRIVE Benefits mobile app. Serving as the SaaS benefits communication platform of choice for thousands of businesses throughout the United States, STRIVE’s mobile app aims to modernize employer-employee relations by seamlessly educating employees so that they stay ahead of the curve and have fingertip access to their benefits guides, balances, financial information and other customizable data. Due to the sensitive nature of the information within the app, such as telemedicine and Rx integrations to save on healthcare costs, the STRIVE management team prioritizes its cybersecurity stance and looked to ensure that its mobile app is as secure as possible. “The protection of employer and employee data is paramount at STRIVE,

Biolog-id Partners With AirMed to Help Enhance Visibility, Availability, and Traceability of Life-saving Blood Components16.6.2021 17:18:00 CEST | Press release

Biolog-id LLC, a developer and service provider of connected healthcare solutions, announced today its partnership with AirMed – one of the first air medical transport programs in the US. As part of this partnership, biolog-id’s cutting-edge technology will provide digital visibility to the inventory of red blood cells and liquid plasma across 5 locations in the state of Utah, covering one of the largest geographical areas in the nation, routinely transporting patients not only from Utah, but also from Colorado, Wyoming, Nevada, Montana, and Idaho. Biolog-id’s blood components management platform will support the inventory replenishment of the different bases, as well as the traceability and documentation of the units selected by the teams at the AirMed bases. “We are pleased to cooperate with the biolog-id team on the deployment of this technology across our operation,” said Cory Cox, AirMed Outreach Coordinator & Flight Paramedic at AirMed. “We are committed to delivering the highest

Moody’s ESG Solutions Launches Bespoke Dataset to Help Market Participants Meet SFDR Requirements16.6.2021 17:10:00 CEST | Press release

Moody’s ESG Solutions today launched a bespoke ESG data solution to help market participants meet the European Union (EU) Sustainable Finance Disclosure Regulation (SFDR) requirements. Harnessing Moody’s ESG Solutions’ analytical rigor and advanced data capture processes, the product was built from the ground up, making it one of only a few purpose-built SFDR data solutions in the market. In effect since March 2021, SFDR introduces disclosure requirements on a set of Principle Adverse Impact (PAI) indicators, which outline the environmental, social and governance (ESG) factors that lead to adverse sustainability impacts. PAI disclosures will become mandatory for all financial market participants, including advisers, from 2022 as part of the EU’s strategy to combat greenwashing and incentivize funding of green projects. “We are committed to advancing sustainability objectives and providing essential data that market participants can rely on,” said Sabine Lochmann, Global Head of Moody’s

Piper Sandler Advises EverArc on its Acquisition of Perimeter Solutions16.6.2021 16:18:00 CEST | Press release

Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) has advised EverArc Holdings on its announced acquisition of 100% of Perimeter Solutions from SK Capital. EverArc Holdings Limited (LSE: EVRA / EVWA) has entered into a definitive agreement with SK Invictus Holdings S.à.r.l. an affiliate of funds advised by SK Capital Partners, to acquire 100% of SK Invictus Intermediate S.à.r.l., the ultimate parent company of Perimeter Solutions, a leading global manufacturer of high-quality firefighting products and lubricant additives, for total consideration of approximately $2 billion, consisting of cash and preferred shares, subject to customary closing conditions. The transaction is expected to close in Q4 2021. EverArc Holdings Limited (LSE: EVRA / EVWA) is a publicly-listed acquisition company that was formed in November 2019 to undertake an acquisition of a target company or business. Perimeter is a leading global manufacturer of high-quality firefighting

UVD Robots Selected by Global Facility Management Company ISS to Provide Autonomous Disinfection Robots16.6.2021 15:02:00 CEST | Press release

Today, Blue Ocean Robotics the manufacturer of UVD Robots for autonomous UV-C disinfection announced that it was selected by ISS World Services, a world leading global workplace experience and facility management company, to provide autonomous robots for disinfection as part of ISS’ global offering. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210616005504/en/ UVD Robots are helping to ensure outstanding cleaning and disinfection excellence. Unlike many stationary disinfection systems, the UVD Robot is a mobile, fully autonomous robot integrating UV-C light to disinfect against all known bacteria and viruses including Covid-19 not only on surfaces, but the air as well, providing a fully comprehensive infection control and prevention solution. UVD Robots enable facilities to reduce disease transmission by eliminating 99.99 percent of bacteria and viruses in any room. The robots have been rolled out to more than 70 countries

Auth0 Releases State of Secure Identity Report, Highlighting the Most Pervasive Threats to Digital Identities16.6.2021 15:01:00 CEST | Press release

Auth0, the modern identity platform, today announced the launch of its inaugural security report: The State of Secure Identity. This detailed report highlights key areas of concern for security professionals responsible for managing digital identities, including the exponential rise of credential stuffing attacks (automated attempts to compromise a large number of user accounts with stolen credentials), fraudulent registrations, and the widespread use of breached credentials. Recent headlines and high-profile cyber attacks give today’s security professionals a wide swath of serious threats to worry about. The primary goal of cybercriminal activity is to access critical resources, systems, and personal data, yet systems that can be put into place to minimize the risk of attack — like identity management — often get deprioritized. Lack of budget, resourcing, or attention on managing digital identities give threat actors a prime opportunity to take advantage of these discrepancies and sur