Month: October 2021

• New Schneider Electric report outlines “Back to 2050” decarbonization scenarios
• Schneider experts on the ground in Glasgow to advance decarbonization insights and solutions with business partners, climate experts and influencers

Rueil-Malmaison (France), October 29 2021 – Schneider Electric, the leader in the digital transformation of energy management and automation, is actively supporting global climate change efforts at the upcoming COP26 meeting, with experts on the ground and the release of a flagship report that offers fresh perspectives on our planet’s pathway to decarbonization.

The 26th United Nations Climate Change Conference of the Parties (COP26) taking place in Glasgow on 31 October – 12 November is widely considered critical to accelerating global action to tackle the climate emergency.

Many climate experts, campaigners, and corporates including Schneider Electric are urgently calling on governments, businesses and societies do much more – and act much faster – to ramp up the adoption of clean-energy, electrification, energy-efficiency and other climate-positive technologies.

“We welcome the commitments already made by numerous governments around the world, and hope that COP26 will deliver more concrete actions in support of an accelerated transition to net zero”, says Olivier Blum, Chief Strategy and Sustainability Officer at Schneider Electric. “The private sector is key in this race to a greener and fairer economy. That’s why we continue to lead the charge, as a practitioner and an enabler, to meet the goal of keeping global temperatures from rising more than 1.5ºC, in line with the Paris Agreement.”

Ranked the world’s most sustainable corporation by media and research company Corporate Knights earlier this year, Schneider Electric helps customers reduce their carbon footprints via products and software tools that optimize energy management and industrial processes. The company has a decades-long track-record of spearheading and advocating action on environmental, social and governance issues, and recently announced it is also expanding its sustainability consulting practice.

To coincide with COP26, the Schneider Electric ^TM Sustainability Research Institute is releasing a major new report on how we could achieve net-zero by 2050 and limit global warming to the critical 1.5ºC threshold.

Entitled “Back to 2050” and conducted with energy intelligence company Enerdata, it assesses the long-term impact on energy usage and associated CO₂ emissions of changing social expectations and up-and-coming, disruptive technologies such as autonomous driving, decentralized clean-energy generation, smart EV charging stations in buildings and the use of more digital tools in infrastructure construction, among others.

“Our key finding is that changing consumption patterns, driven by an appetite for the progress that new technologies herald, will help bring about a less carbon-intensive economy. In other words, keeping global warming to 1.5ºC may be more feasible than we think, because as the economy modernizes and provides increased benefits to people, it also decarbonizes,” says Vincent Petit, Head of the Schneider Electric TM Sustainability Research Institute and SVP of Global Strategy Prospective and External Affairs at Schneider Electric. “What we need, however, is to accelerate this trend by shifting the policy focus from being purely infrastructure-centric to being more consumer-centric.”

While in Glasgow, Schneider experts will meet customers and business partners to help them better understand the tools that already exist to help decarbonize infrastructure, buildings, data centers, industries, and cities.

They will also participate in panels and roundtables with artists, campaigners, climate scientists, policy makers, influencers, entrepreneurs, and innovators such as Bertrand Piccard, Founder and Chairman of the Solar Impulse Foundation, which is supported by the Schneider Electric Foundation.

The Schneider Electric Foundation, under the aegis of Fondation de France, will also work with Art of Change 21 to highlight the important role that artists play in the ecological transition by mobilizing youth and creating a dialogue between art, technology, innovation and climate.

Note to Editors:

The Schneider Electric ™ Sustainability Research Institute is the internal strategy think tank of Schneider Electric. Its team of analysts conduct scenario modeling to enrich our understanding of current and future sustainability landscapes, highlighting obstacles and opportunities to accelerate global and local transitions to a climate positive future.

Related resources:

• “Back to 2050” executive summary report can be read here.
• The Open Letter on Sustainability Reporting to the European Commission, the Council of the European Union and the European Parliament can be found here.
• The Open Letter “CEO Climate Alliance to world leaders: We support you in taking decisive climate steps at COP26” can be found here.
• Schneider Electric’s latest sustainability commitments can be viewed here.
• For more on the numerous sustainability-related (and other) awards and rankings obtained by Schneider, go here.
• Schneider’s top thought leadership content, including reports by the Schneider Electric ^TM Sustainability Research Institute, can be found on the newly-launched Schneider Electric Insights website.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

        Follow us on:

Hashtags:   #LifeIsOn #SustainabilityForAll

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• Schneider Electric releases key report on climate change as part of COP26 engagement

Corporate security teams face a critical juncture

Cobwebs Technologies

AI-Powered Web Intelligence

NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) — The following is an open letter from Cobwebs Technologies – a global leader in Web Intelligence. 

Today, the array of threats posed to disrupt businesses only intensifies, while the systems and methods organizations use to assess the potential for trouble often fail to keep pace. The result is incomplete intelligence gathering, lack of visibility into the exact nature of threats, and increased risk exposure.

The current list of threats ranges from continuously evolving cyberattacks and business espionage to geopolitical instability and terrorism. Natural disasters, extreme weather, and the ongoing novel coronavirus pandemic compound matter. Threat actors, for example, have launched ransomware attacks against hospitals, knowing their vulnerability amid expanding patient caseloads due to COVID-19. Against this backdrop, corporate security personnel must safeguard senior executives, employees, intellectual property (IP), supply chains, and brand status to name a few corporate assets.

It’s a daunting challenge. Lives, property, and corporate reputation are all at risk when an enterprise’s ability to properly evaluate and respond to threats is impaired. Indeed, many corporate risk mitigation approaches struggle to deal with the constantly shifting threat landscape.

Limits of current methods and tools

The problem stems, in part, from outmoded investigative methodologies. Organizations naturally settle on practices that have worked in the past. They may limit their threat scanning to a limited number of social media platforms, for example. Such narrowly focused inquiries, however, fail to account for fast-moving changes in web-based platforms, forums, and chat groups. Users discouraged from posting inflammatory messages on one mainstream platform will frequently move to lesser-known, alternative platforms.  

But the social media platforms — and their millions of users — found on the surface web are just the beginning. Corporate security teams must also keep tabs on information sources and repositories housed in the deep web and the dark web, both of which are not indexed by conventional search engines. Those web layers contain a multitude of data that could threaten a business. The dark web, in particular, harbors numerous sites and markets trafficking in login credentials, trade secrets, email addresses, credit card numbers, and tools for engaging in cyberattacks. Dark web forums, which suddenly surface and just as rapidly disappear, can also contain information relevant to a corporate security investigation.

In short, the organization still dependent on social media channels for threat assessment needs to broaden its horizons.

Another important weakness hampering corporate security: investigative tools with limited functionality. Threat intelligence platforms, offered by third-party service providers, serve as the default investigative systems for many corporate security operations. Such a platform is designed to alert a security analyst about a threat, but it doesn’t provide much assistance with vetting threats or creating an effective response.

In addition, relying on a single intelligence service provider also limits an analyst’s ability to tap additional sources to validate a threat and determine its scope. Organizations that can’t readily determine the severity of a threat, run the risk of overreacting and assigning too many resources to the response or, conversely, underestimating the threat and devoting too few. A disproportional response is the direct result of a one-dimensional notification. So, while a threat intelligence platform provides a useful service, it’s only one part of the threat identification and response toolkit.

What organizations need to run an investigation

An investigative platform should, ideally, cover all parts of the intelligence cycle, from planning and data collection to processing and analysis. A system that spans all those components, providing end-to-end automation, forges the critical linkage between notification and response.

Other platform qualities to consider include breadth of monitoring. Analysts should be able to define the scope of monitoring based on their own parameters, which could include geolocation data, hashtags, keywords (such as the names of executives, brands, or other corporate assets), and advanced Boolean operators. Monitoring should also cast the widest possible net across the surface web, deep web, and dark web, pulling in data from social media platforms, forums, and news sites among other sources.

The wider the reach, the better organizations can protect their assets. Thorough monitoring can help determine whether threat actors are using the company’s brand for nefarious purposes on a dark website or transferring its intellectual property.

Read the full article: https://bit.ly/3GqwZqR

Johnmichael O’Hare is the sales and business development director of Cobwebs Technologies (www.cobwebs.com). He is the former Commander of the Vice, Intelligence, and Narcotics Division for the Hartford (Connecticut) Police Department. Contact him on john.ohare@cobwebs.com

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AI-Powered Web Intelligence

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SINGAPORE, Oct. 28, 2021 (GLOBE NEWSWIRE) — Ibanera, a global digital banking platform and financial services provider, announced that it will offer fintech services to customers in Singapore with a focus on domestic and cross-border money transfer services.

The company offers a robust suite of compliance programs for transaction monitoring and has partnered with Jumio, Refinitiv and Comply Advantage to assist with KYC/AML management, and transaction monitoring. Ibanera conducts multiple tiers of investigation and cross-checking through advanced document analysis, address validation via Proof of Address together with Geolocation check, forensic analysis, AML/OFAC/PEP and other database screening.

“Growing our presence in Singapore allows us to expand our network in the Southeast Asia region,” said Bjorn Snorrason, General Manager of Ibanera. “Our tailored fintech solutions combined with robust compliance procedures ensure a seamless customer experience.”

Ibanera is a licensed financial institution in the United States, Canada, Europe and Singapore. Ibanera holds a Major Payment Institution license regulated by the Monetary Authority Service under the 2019 Payment Services Act.

About Ibanera

Ibanera is a global digital banking platform and financial services provider. We develop tailored fintech solutions for banks, corporations and entrepreneurs worldwide. We specialize in cross-border payments, currency conversion, mobile banking, and merchant services. Ibanera has leveraged strategic partnerships with ComplyAdvantage and Refinitiv to expand Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance programs. Regulated in the United States, Canada, Europe and Singapore, Ibanera positions itself as a competitive fintech leader with a credible global footprint. For more information, visit ibanera.com.

Contact: Media@ibanera.com

This content was issued through the press release distribution service at Newswire.com.

MAYFIELD, Pa., Oct. 28, 2021 (GLOBE NEWSWIRE) — via InvestorWire — JT Medical (the “Company”), JT Medical announces that it is now accepting memorandums of understanding (MOUs) from researchers wishing to secure high quality, repeatable batch, plant-based medical products derived from regulated plants, including but not limited to, cannabis, psilocybin mushroom, and peyote. These products will be grown in the Company’s U.S. Food and Drug Administration (DEA) licensed facility in Mayfield, Pennsylvania, in the U.S.

JT Medical currently has two MOUs to cultivate medical cannabis and psilocybin mushroom. As supply capacity is limited, subsequent MOUs will be prioritized on a “first-come” basis. Additional capacity will be provided based on the number and size of MOUs that proceed to a definitive agreement.

Scott Noerr, co-founder and CFO of JT Medical, notes, “We anticipate strong interest as many companies are now becoming eligible for research and development (R&D) tax credits.”

Cultivation equipment will be provided by Sprout AI Inc, a publicly traded company (CSE: SPRT) (www.sproutai.solutions). Sprout AI provides self-contained habitats that enable high-quality, repeatable batches, through the control of variables that are known to impact crop duplication. Sprout AI habitats are used to ensure the replication of active medicinal plant ingredients as well as terpene, flavonoids and other desired components. This enables both short-, mid-, and long-term studies are derived from the “same” product for medical research and efficacy reports.

The Sprout AI habitats will be operated using the enterprise resource planning and compliance (ERPc) software provided by One System One Solution (OS2) that will also permit researchers to track their batches from inception from seed, clone, or tissue sample, through to the final use/product. This access will include monitoring data of each batch while in production and tracing each batch through harvest, production and delivery. OS2 has been approved in seven countries for use under medical licensed projects.

Production, process, and distribution of plant-based products will be under license from the U.S. Food and Drug Administration (DEA) to be granted to JT Medical.

About JT Medical

To learn more about JT Medical Visit https://www.jtmedicalgroup.com/.

Co-Founder – CFO
Scott N Noerr
JT Medical, LLC
Phone: 717-437-0437

E-mail: scott@jtmedical.net

About Sprout AI

To learn more about Sprout AI visit https://www.sproutai.solutions.

Investor Relations Contact
Colleen McKay
Sprout AI Inc.
Tel: + 1 (289) 231-9026
E-mail: cmckay@sproutai.solutions

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com