Uncategorized
Microsoft plans to reach negative carbon emissions by 2030 * Establishing $ 1 billion funds to find solutions
It’s an ambitious – even daring – goal, but science tells us it’s a goal of vital importance for every person who lives today and for any generation to follow.” Microsoft President Brad Smith explains on the company’s blog.
Microsoft is the first of the tech giants to tackle the climate crisis, announcing an operational plan to reduce its carbon footprint. This was announced on Thursday by Microsoft President Brad Smith, CFO Amy Hood and CEO Satya Nadella.
Carbon Footprint is a total of greenhouse gas emissions that contribute to global warming (through direct emission or through land use) caused by a company, event, product, country or person. Greenhouse gases are emitted during the use of fossil fuel for transportation, during electricity generation, in forests, as well as in the production and consumption of food, raw materials, timber, houses, roads and other products and services. For simplicity of reporting and comparability, most carbon footprints are measured in units of the amount of carbon dioxide equivalent to the size and strength of the greenhouse gas emitted.
The name “carbon footprint” originates from the concept of ecological footprint. The carbon footprint is part of the ecological footprint calculation as well as part of product and activity life cycle analysis.
When you know the carbon footprint of a person, organization or state, a plan can be built to reduce the number of emissions. Through technological changes, changes in consumer choice, changing economic incentives by changing taxation and subsidies or by legislation and more.
Microsoft has announced that it will have a negative carbon footprint of its operations and supply chain operations by 2030. Microsoft will also set up a $ 1 billion fund to join the effort to develop atmospheric carbon removal solutions.
In a Microsoft blog explanation, Smith writes: “The scientific consensus is clear. The world is facing an urgent carbon problem. Our carbon in the atmosphere has created a heat trap and is changing the climate in the world. To rise, science tells us the results will be catastrophic. ”
As the scientific community warns, human activity has released more than two trillion tons of greenhouse gases into the Earth’s atmosphere since the beginning of the first industrial revolution in the mid-1700s. More than three-quarters of the gases are carbon dioxide, with most of that carbon emitted since the mid-1950s . It is more carbon than nature can re-absorb, and every year humanity throws more than 50 billion tons of additional greenhouse gases into the air. This is not a problem that lasts for several years or even a decade. As soon as the excess carbon enters the atmosphere, it can take thousands of years to fade away. ”
“Climate experts in the world agree that the world must take urgent action to reduce emissions. In the end, we must reach ‘zero’ emissions, which means humanity must remove the amount of carbon it emits each year. It will require aggressive approaches, new technology that does not exist today and innovative public policies. It’s an ambitious – even daring – goal, but science tells us it’s a goal of vital importance for every person who lives today and for any generation to follow. ” Smith adds.
“While the world will need to reach a net-zero, those of us who can afford to move faster should do so. So we are announcing an ambitious goal and a new plan to reduce and eventually remove Microsoft’s footprint. By 2030, Microsoft will be negative in terms of carbon emissions, and by 2050 Microsoft will remove all the carbon that the company has emitted directly or by electricity since its inception in 1975. ”
“We recognize that progress requires not only a bold goal but a detailed plan. As outlined below, we are launching an aggressive program today to reduce our carbon emissions by more than half by 2030, both our direct emissions and those of our supply chain and value. We will fund this in part by Expanding our internal carbon commission, imposed in 2012 and increased last year, to begin charging not only our direct emissions, but also the clear scientific consensus, the world is facing an urgent carbon problem. The carbon in the atmosphere has created a heat-trapping blanket of gas and is changing the climate. Already in the world, the temperature of the Earth has risen above one degree Celsius we will stop emissions and temperatures continue to rise, science tells us the results will be catastrophic. ”
“As the scientific community has concluded, human activity has released more than two trillion tons of greenhouse gases into the Earth’s atmosphere since the beginning of the first industrial revolution in the mid-18th century, more than three quarters of which is carbon dioxide, with most of that carbon emitted since the mid-1950s. Carbon from what nature can absorb, and every year humanity releases more than 50 billion tonnes of greenhouse gases into the air. This is not a problem that lasts for several years or even a decade. As much as carbon enters the atmosphere, it can take thousands of years to fade away. ”
“Climate experts in the world agree that the world must take urgent action to reduce emissions. In the end, we must reach ‘zero’ emissions, which means humanity must remove the amount of carbon it emits each year. This will require aggressive approaches, new technology that does not exist today and innovative public policy. It’s an ambitious – even daring – goal, but science tells us it’s a goal of vital importance for every person who lives today and for any generation to follow. ” Smith explains.
Microsoft: Negative Carbon Footprint by 2030
“While the world will need to reach zero, those of us who can afford to move faster and need to do so are announcing an ambitious goal and a new plan to reduce and ultimately remove Microsoft’s footprint.”
“By 2030, Microsoft will be carbon-negative, and by 2050, Microsoft will remove all the carbon that the company has emitted directly or by electricity since its inception in 1975.”
“We recognize that progress requires not only a bold goal but a detailed plan. As outlined below, we are launching an aggressive program today to reduce our carbon footprint by more than half by 2030, both for our direct emissions and for our entire supply chain and value. By expanding our internal carbon commission, which has been in place since 2012 and increased last year, to begin balancing not only our direct emissions, but also those of our supply chains and value. ”
“We are also launching an initiative to use Microsoft technology to help our suppliers and customers around the world reduce their carbon footprints, as well as set up a $ 1 billion fund to accelerate the evolution of carbon removal technology. From next year, we will also make carbon reduction an explicit aspect of procurement processes For our supply chain, our progress on all these fronts will be published in a new annual environmental sustainability report that will detail our carbon footprint and carbon reduction journey. And finally, all of this work will support our voice and advocates who support a public policy that will accelerate opportunities for carbon reduction from our supply chains and value.
And of course, we cannot talk about Microsoft trying to promote a cleaner planet, without also talking about Bill Gates.
Solutions to the climate crisis:
In early September 2019, Ban Ki-moon, former U.N. Secretary-General Bill Gates, Microsoft founder and Christina Georgieva, chief executive of the IMF, signed the first report of the World Commission on Adaptation, headed by them. They were joined by more than 30 other leaders, such as the Mayor of Paris, the Canadian Environment Minister, and the President of the Marshall Islands, in a call for investment in climate change mitigation measures, which the report says are expected to yield a huge economic return.
The initiative was established in October 2018 to drive climate change crisis management through technology, investment and planning and to explore how social and economic systems can be better adapted to the realities of the climate crisis. The guiding understanding is that the Paris Agreement’s goals of slowing global warming and stopping it below the threshold of an average rise of 1.5 to 2 degrees Celsius by the end of the current century will probably no longer be achieved. In contrast, a 3 or 4 \u00b0 C rise will lead to a turning point that will change the life-supportive natural systems beyond recognition. According to the new research, a $ 1.8 trillion investment in adaptation measures over the next decade – according to all studies, the critical decade to succeed in mitigating the climate crisis to live with – will yield at least $ 7 trillion.
The new report highlights five key areas to invest in (ranked according to the expected return on investment): early warning systems against extreme weather events, infrastructure (buildings, roads, bridges) better adapted to changing climatic conditions, agriculture suitable for hot and dry conditions More, restoration of mangrove coastal ecosystems that provide shore protection against wave energy thus reducing coastal erosion (erosion) and risk of flooding during storms, and protecting water supply systems from pollution and leaks.
In the case of extreme weather alert, for example, it is estimated that one day earlier to prepare for an extreme event (such as a hurricane) is enough to subtract up to 30 percent of the economic damage. In the area of \u200b\u200binfrastructure that will generate a $ 4 trillion refund, white roofing has significantly reduced the number of deaths in the city of Ahmedabad in India, as it moderated the impact of heat waves on residents’ homes and built-up space (reducing urban heat). In the field of agriculture, dividing genetically adapted seeds into dry conditions – as is already done with corn in Zimbabwe – raises the yield per unit of land in dozens of counters.
Triple Yield
These investments are characterized by a triple return: they prevent future losses (property damage, health, etc.), have positive economic benefits (such as the return on sale of more agricultural produce), and lead to more social and environmental achievements (reducing hunger, for example); According to the World Bank, investing in the climate crisis is part of the quest for a more equitable world and without it at least 100 million more people will be part of the global cycle of poverty at the end of the current decade.
A possible source of funding for such investments could be a diversion of capital currently invested in the fossil fuel energy industry for the benefit of a low-carbon economy. According to a report by the American Thinking Institute, about 110 institutions that manage about $ 11 trillion have stopped investing in this segment. Another source is choosing innovative investments: for example, rather than investing in engineering-based solutions such as the construction of flood dams – which are projects Energy-intensive and cement-free greenhouse gas emissions – Invest in natural capital-based solutions, such as restoring mangrove forests, which live on salt-water-soaked beaches, and absorb carbon dioxide and provide a host of ecological benefits, such as creating a unique, protected environment for young fish (using their roots) ) Another example of this approach is the Dutch project “Mac And to the stream, “which replaces artificial engineering interventions with measures based on natural principles,
A possible source of funding for such investments could be a diversion of capital currently invested in the fossil fuel energy industry for the benefit of a low-carbon economy.
But in some cases, the report warns, it will not be possible to invest in coping and the preferred alternative is the relocation of communities whose resilience is not guaranteed, such as seaside settlements and especially in island states that are only slightly higher than the sea level, such as the Maldives.
And there are also public measures: In Fiji, the “environmental tax and climate change” is levied on certain services and products (plastic bags, luxury cars, or yachts) as well as high revenue and directed toward community resilience projects, especially in infrastructure. In Miami, a $ 400 million fund was set up from City Hall to fund the city’s adaptation to rising sea levels.
Investment mix
However, it is not enough to increase the volume of investments in the climate sector, but their character must also be changed. According to a review by the OECD, less than 20 percent of investment in the sector is directed toward adaptation, while the vast majority is directed toward reducing emissions. This investment policy is risking poorer countries, already suffering from the effects of the climate crisis. According to the report, only a similar and parallel investment in mitigation and adaptation will also balance current resilience alongside the longer-term crisis recession.
Incidentally, the gap between adaptation and adulthood is particularly large in private sector investments devoted almost entirely to emissions reduction. According to this report, total investment in 2017 was about $ 71 billion, with at least $ 100 billion needed by 2022 to help developing countries, especially island nations, find the path to resilience.
The report was released ahead of the UN Climate Summit held in September 2019 at the summit itself, the Bill and Melinda Gates Foundation, together with the World Bank and several governments, announced the initial investment in line with the report’s recommendations. The $ 790 million investment will be directed mainly to improving farmers’ ability Small farms add and produce food under changing climatic conditions.
Uncategorized
Cyber Insurance: A Critical Component of Your Business Continuity Strategy
In today’s digital age, businesses are more vulnerable than ever to cyber threats. With data breaches, ransomware, and other cyberattacks becoming increasingly common, safeguarding your company’s digital assets should be a top priority. This is where cyber insurance comes into play. But what exactly is cyber insurance, and why is it so crucial for your business continuity strategy?
In this guide, we’ll explore the importance of cyber insurance and provide practical advice on how to incorporate it into your business continuity plan. By the end of this article, you’ll understand why cyber insurance is an essential investment for any modern business.
1. Understanding Cyber Insurance
Cyber insurance, also known as cyber liability insurance, is a policy designed to help organizations mitigate the financial risks associated with cyber incidents. These policies typically cover expenses related to data breaches, cyberattacks, and other cybersecurity threats. For example, if your company falls victim to a ransomware attack, cyber insurance can help cover the costs of data recovery, legal fees, and even public relations efforts to manage your company’s reputation.
2. Mitigating Financial Losses
One of the most significant benefits of cyber insurance is its ability to mitigate financial losses. According to a report by IBM Security, the average cost of a data breach in 2021 was $4.24 million. Without cyber insurance, these costs can be devastating for a business, particularly small to medium-sized enterprises. Cyber insurance provides a financial safety net that can help your company recover more quickly and reduce the long-term impact of a cyber incident.
3. Enhancing Risk Management
Incorporating cyber insurance into your business continuity strategy enhances your overall risk management framework. By having a policy in place, you demonstrate to stakeholders—such as clients, investors, and regulatory bodies—that you take cybersecurity seriously. This not only builds trust but also can be a competitive advantage in the marketplace. Additionally, many cyber insurance providers offer risk assessment services to help you identify vulnerabilities and strengthen your cybersecurity posture.
4. Complying with Regulatory Requirements
With data protection regulations such as GDPR and CCPA becoming more stringent, compliance is more important than ever. Cyber insurance can help ensure your business meets these regulatory requirements by covering the costs associated with data breach notifications, fines, and penalties. Additionally, some policies offer support for regulatory investigations, which can be invaluable during a compliance audit.
5. Supporting Incident Response
A swift and effective response to a cyber incident is crucial for minimizing damage. Many cyber insurance policies include access to an incident response team that can provide immediate support during a cyber crisis. These teams often consist of cybersecurity experts, legal advisors, and PR professionals who can help you manage the fallout from an attack. By incorporating this support into your business continuity plan, you can ensure a more coordinated and efficient response.
6. Safeguarding Your Reputation
The reputational damage from a cyber incident can be as severe as the financial impact. Customers and partners need to know they can trust your business to protect their data. Cyber insurance often includes coverage for public relations efforts to manage and mitigate reputational harm. This can include crisis communication strategies, media relations, and customer outreach efforts to rebuild trust and maintain your brand’s integrity.
7. Offering Peace of Mind
Knowing that you have a robust cyber insurance policy in place offers peace of mind to business owners and executives. It allows you to focus on your core business activities without constantly worrying about the potential fallout from a cyberattack. This peace of mind extends to your employees, who can work more confidently knowing that there are plans and protections in place.
Conclusion
Incorporating cyber insurance into your business continuity strategy is not just a smart move—it’s a necessity in today’s digital landscape. By understanding the importance of cyber insurance and taking proactive steps to integrate it into your risk management framework, you can safeguard your business against the growing threat of cyberattacks.
Uncategorized
How to Prepare Your Business for Emerging Risks
In today’s fast-paced world, businesses face an array of emerging risks that can impact their operations, profitability, and reputation. From cyber threats to global pandemics, staying ahead of these challenges is crucial for long-term success. This listicle will guide you through practical steps to identify, assess, and mitigate these risks, ensuring your business remains resilient and competitive.
1. Conduct a Comprehensive Risk Assessment
Understanding the specific risks your business may face is the first step in preparing for them. Conduct a thorough risk assessment to identify potential threats across all areas of your business, including cybersecurity, supply chain, and regulatory compliance.
- Tip: Use tools like SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) to systematically evaluate risks.
2. Implement Robust Cybersecurity Measures
Cyber threats are among the most significant risks facing businesses today. From data breaches to ransomware attacks, the impact can be devastating.
- Tip: Invest in advanced cybersecurity solutions such as firewalls, encryption, and intrusion detection systems.
- Statistic: According to a 2022 report by Cybersecurity Ventures, cybercrime damages are projected to hit $6 trillion annually by 2021.
3. Develop a Business Continuity Plan
A well-crafted business continuity plan (BCP) ensures your business can continue operating during and after a crisis. This includes identifying critical functions and establishing procedures for maintaining them.
- Tip: Regularly update and test your BCP to ensure its effectiveness.
- Example: During the COVID-19 pandemic, many companies with robust BCPs were able to pivot quickly to remote work and maintain operations.
4. Diversify Your Supply Chain
Relying on a single supplier or geographical region can expose your business to significant risk. Diversifying your supply chain can mitigate these vulnerabilities.
- Tip: Establish relationships with multiple suppliers and consider sourcing from different regions.
- Statistic: A survey by Resilience360 found that 70% of companies experienced at least one supply chain disruption in 2020.
5. Stay Informed About Regulatory Changes
Regulatory compliance is a moving target, with new laws and regulations emerging regularly. Staying informed about these changes is crucial to avoid penalties and legal issues.
- Tip: Subscribe to industry newsletters and join professional associations to stay up-to-date on regulatory changes.
- Example: The EU’s General Data Protection Regulation (GDPR) significantly impacted businesses globally, highlighting the importance of staying informed.
6. Invest in Employee Training
Your employees are your first line of defense against many risks. Investing in regular training can equip them with the knowledge and skills to identify and respond to potential threats.
- Tip: Implement ongoing training programs covering topics such as cybersecurity, health and safety, and compliance.
- Statistic: A study by IBM found that human error is the main cause of 95% of cybersecurity breaches.
7. Monitor and Adapt to Economic Trends
Economic conditions can shift rapidly, affecting your business’s financial stability. Keeping a close eye on economic trends can help you make informed decisions and adapt to changing conditions.
- Tip: Use financial modeling and scenario planning to anticipate potential economic impacts on your business.
- Example: During economic downturns, businesses that proactively manage costs and invest in growth opportunities often emerge stronger.
By implementing these strategies, your business will be better prepared to face emerging risks and thrive in an uncertain world. Begin by conducting a comprehensive risk assessment and continue to adapt and evolve your strategies as new threats emerge. Ready to take your risk management to the next level? Partner with experts who can help you develop and implement robust risk mitigation strategies tailored to your business.
Uncategorized
5 Ingredients to Look for in Lip Care Products
Ever wonder why some lip balms and lip treatments work wonders while others fall flat? The secret lies in the ingredients! Your lips deserve the best, and knowing which components to look for can make all the difference. Let’s explore the five must-have ingredients that will keep your lips soft, smooth, and hydrated.
1. Shea Butter
Shea butter is a rich, creamy substance extracted from the nuts of the African shea tree. It’s packed with vitamins A and E, which are essential for nourishing and repairing dry skin. Shea butter acts as an emollient, providing a protective barrier on the lips to lock in moisture.
Example: Shea butter is not only a powerhouse of hydration but also known for its anti-inflammatory properties. According to a study, shea butter can soothe chapped lips and prevent further damage caused by harsh environmental factors.
Tip: Look for lip products that list shea butter high up in the ingredients list to ensure you’re getting a generous dose.
2. Beeswax
Beeswax is a natural wax produced by honey bees. It’s a fantastic ingredient for lip care because it creates a long-lasting protective layer on the skin. This barrier helps to retain moisture and prevents your lips from drying out.
Example: A 2016 study confirmed beeswax’s effectiveness in maintaining skin hydration, making it perfect for winter months when your lips need extra care.
Tip: Opt for lip balms containing organic beeswax to harness its full potential while avoiding any unwanted chemicals.
3. Coconut Oil
Coconut oil is celebrated for its incredible moisturizing properties. It penetrates the skin easily, providing deep hydration and leaving your lips feeling soft and supple. Plus, it has antibacterial properties, which can help to protect your lips from infections.
Example: Research from BMC Complementary Medicine and Therapies shows that coconut oil can significantly improve skin hydration and protect against harmful bacteria.
Tip: Apply a lip balm with coconut oil before bed to wake up with perfectly moisturized lips.
4. Vitamin E
Vitamin E is a powerful antioxidant that helps to protect the skin from damage caused by free radicals and UV rays. It’s also known for its ability to promote skin cell regeneration, which can be particularly beneficial for healing cracked or chapped lips.
Statistic: According to the American Academy of Dermatology, consistent use of vitamin E can improve skin elasticity by 24%, making it a great ingredient for youthful, plump lips.
Tip: Use lip products enriched with vitamin E during the day to keep your lips protected and rejuvenated.
5. Hyaluronic Acid
Hyaluronic acid is a superstar in the skincare world, and for good reason. It’s a humectant, meaning it draws moisture from the environment into the skin. With its ability to hold up to 1,000 times its weight in water, hyaluronic acid ensures that your lips stay hydrated and plump.
Example: An article from Harvard Health mentions that hyaluronic acid not only provides intense hydration but also helps to reduce the appearance of fine lines around the lips.
Tip: For an instant hydration boost, choose lip treatments that highlight hyaluronic acid as a key ingredient.
Conclusion
Your lips deserve nothing but the best. By choosing lip care products with these five powerhouse ingredients—shea butter, beeswax, coconut oil, vitamin E, and hyaluronic acid—you can ensure they stay healthy, hydrated, and beautiful all year round.
-
Beauty5 years ago
Deep Breathing Techniques To Change Your Life
-
Beauty5 years ago
Six Essential Food Items For Runners
-
Featured5 years ago
There’s More To Weight Loss Than Dieting
-
Beauty5 years ago
Healthy Choices To Help You Live Longer
-
Beauty4 years ago
8 Ways to Prevent Acne Breakouts
-
Featured4 years ago
Turn Your Extra Rice Into Something More
-
Featured4 years ago
The Fur-Parent’s Guide to Caring for Your Dogs During and After a Lockdown
-
Beauty4 years ago
Beauty Secret: Mirror Mirror On The Wall Who Is The Hottest Mom Of Them All