Schneider Electric recognized as the 2022 Microsoft Energy & Sustainability Partner of the Year

  • Schneider Electric received top honors out of over 3,900 submissions from over 100 countries across various categories
  • The award affirms Schneider Electric’s efforts in providing outstanding solutions and services to help customers move towards net-zero world

RueilMalmaison, France, 29 June 2022Schneider Electric, the leader in the digital transformation of energy management and automation, today announced it has won the Energy & Sustainability 2022 Microsoft Partner of the Year Award. Schneider was honored among a global field of top Microsoft partners for its innovative EcoStruxure™ software solutions provided to customers that were powered by Microsoft technology, including Azure Cloud and Dynamics 365.

The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services and devices during the past year. Out of over 3,900 submissions from more than 100 countries across various categories, Schneider Electric was recognized for providing outstanding solutions and services in energy and sustainability.

In 2021, Schneider’s EcoStruxure solutions helped customers reduce their carbon emissions by 84 million tonnes which amount to 347 million tonnes saved or avoided since 2018. These solutions are powered by the most advanced evolution of Microsoft Azure, helping customers achieve their energy and sustainability objectives through the power of electric and digital solutions.

Olivier Blum, Executive Vice-President Energy Management at Schneider Electric, said “Receiving the 2022 Microsoft Energy & Sustainability Partner of the Year Award is a great recognition of the collaborative impact we are making together, to tackle climate change. We are at a critical juncture. Unless immediate action is taken to reduce emissions, we will shortly pass the point of no return. Companies are central to avoiding this; however, alone the impact will not be enough. That is why collaborations such as the one between Schneider and Microsoft are needed to supercharge innovation efforts and create the technology which can turn the tide.”

Customers Schneider Electric has empowered, together with Microsoft, by delivering outstanding solutions and services include:

  • Green Data Center: When Microsoft sought an end-to-end solution to design, build and operate their data centers more efficiently, Schneider leveraged MTWO, RIB’s flagship cloud construction platform to integrate all inputs into a federated model. This allowed Microsoft to create a digital twin that delivered project speed and causality within the construction phase, driving more efficiencies with less rework and reduced waste.

Leading ESG by example in its ecosystem, Schneider Electric leveraged digital and electric technology in its own buildings:

  • IntenCity: Opened in 2021, Schneider’s flagship ‘Building of the Future’ is ten times more energy efficient than an average property, making it one of the world’s most efficient buildings. Spanning 26,000m2 and housing 1,500 employees, Schneider’s EcoStruxure solutions with Azure deliver building intelligence by collecting 60,000 data points every two minutes. This allows IntenCity to use predictive data for smart building management and energy flexibility, for maximum reliability and resiliency.

Schneider Electric and Microsoft have been working together for more than 30 years. The longevity and success continue to be fueled by a shared vision for energy efficiency and sustainability. The ability to accelerate progress comes from the unique expertise that both Microsoft and Schneider can bring, but it is the collaboration that will take sustainability efforts the extra mile.

“I am honored to announce Schneider Electric as the 2022 Microsoft Energy & Sustainability Partner,” said Nick Parker, Corporate Vice President of Global Partner Solutions at Microsoft. “Schneider Electric were outstanding among the exceptional pool of nominees. We were extraordinarily impressed by the innovative use of Microsoft Cloud technologies as part of its EcoStruxure™ software solutions.”

Additional details on the 2022 awards are available HERE.

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

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Climate Impact X Selects Nasdaq Technology to Power New Global Carbon Exchange

  • Cloud-based SaaS technology from Nasdaq to underpin CIX’s third platform – a spot exchange for quality carbon credits
  • Partnership brings cutting-edge trading functionalities to the voluntary carbon market for the first time to serve the growing needs of financial institutions and institutional investors
  • Slated for launch in early 2023, the exchange will enable two-way spot trading via standardised contracts, increasing access to transparent pricing signals and real-time market data

NEW YORK and SINGAPORE, June 28, 2022 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, today announced a strategic technology partnership that will help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq’s robust matching technology to power its spot trading platform, which will launch in early 2023 for financial institutions and institutional investors worldwide.

Carbon credits have a range of attributes that can influence their price – such as the type of project or its location – since buyers value these characteristics differently. This inconsistency creates challenges in matching an individual buyer with a corresponding supplier, and can often be a time-consuming and inefficient process.i

Through Nasdaq’s Marketplace Services Platform, CIX will enable resilient and dynamically scalable trading in a cloud-based Software-as-a-Service (SaaS) environment. Furthermore, CIX’s spot exchange will match buyers and sellers based on unique requirements. This helps ensure that buyers are procuring quality credits that meet their regulatory obligations among other needs, while removing bottlenecks to supplier financing, further enabling the growth and development of the global carbon markets.

Designed according to rigorous regulatory, reliability and security standards proven in the financial industry, Nasdaq’s technology will enable CIX to bring exchange-grade trading functionalities to the voluntary carbon market. This will cater to the increasingly complex needs of buyers and sellers of standardised contracts.

Established as a joint venture between DBS Bank, Singapore Exchange (SGX Group), Standard Chartered and Temasek, CIX brings to life a vision to drive environmental impact at scale by building resilient platforms, collaborating with innovative partners, and fostering ecosystems that help companies take practical climate action. The upcoming launch of its spot exchange rounds out the suite of platforms CIX is developing to flexibly serve the market as well as create strong demand and pricing signals.

“One of CIX’s goals is to create strong pricing signals for the liquid market. Enabling a trade matching process that is as seamless as possible will help to simplify the buyer’s journey and improve price transparency in the voluntary carbon market,” said Mikkel Larsen, Chief Executive Officer of CIX. “Nasdaq brings unparalleled expertise in matching technology. We are pleased to join forces on our journey to build a global carbon exchange that is underpinned by quality and transparency.”

“As a technology partner to trusted market infrastructure operators and new markets around the world, Nasdaq is uniquely positioned to collaborate with a marketplace innovator like CIX to bring their bold climate vision to life through our SaaS technology platform,” said Roland Chai, Executive Vice President and Head of Market Platforms, Nasdaq. “We look forward to partner with CIX to develop and evolve the global carbon industry.”

The technology agreement between CIX and Nasdaq is the most recent step in Nasdaq’s efforts in the intersection of carbon transformation and technology space. Earlier in 2022, Nasdaq launched the world’s first carbon removal indexes. Meanwhile, CIX and Nasdaq partner Puro.earth recently announced a strategic partnership to increase access to quality nature- and technology-based carbon removal credits.

Nasdaq’s end-to-end market technology powers more than 2,300 companies in 50 countries, spanning the world’s financial industry, including capital markets infrastructure operators, market participants, banks, and regulators.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com

About Climate Impact X

Jointly established by DBS Bank, Singapore Exchange (SGX Group), Standard Chartered and Temasek, Climate Impact X (CIX) is a global marketplace and exchange for quality carbon credits based in Singapore. CIX maintains a high-quality threshold for carbon credits offered on its platforms and is committed to a high-integrity approach to scaling the voluntary carbon market. CIX is developing several platforms and products to flexibly serve different needs of carbon credit buyers and suppliers. The CIX Project Marketplace (launched February 2022) offers quality carbon credits that can meet corporate sustainability objectives. CIX’s Auction platform is a specialised digital venue for discovering prices of unique credit types, newly issued credits and customised portfolios of projects through the efficient aggregation of market supply and demand. The exchange will enable two-way spot trading of quality credits through standardised contracts, hosting liquid contracts and providing the market with clearer price transparency and risk management solutions.

For more information, please contact:

Nasdaq
Yan-yan Tong
yan-yan.tong@nasdaq.com
+1 240 721 80 66

Climate Impact X
Daphne Chuah
daphne.chuah@climateimpactx.com

McKinsey and the Taskforce on Scaling Voluntary Carbon Markets (2021): https://www.mckinsey.com/business-functions/sustainability/our-insights/a-blueprint-for-scaling-voluntary-carbon-markets-to-meet-the-climate-challenge

– NDAQG –

Tai Ji Men’s Bell of World Peace and Love Rung by IRF Summit 2022 Co-Chairs

Dr. Katrina Lantos Swett and Amb. Sam Brownback pray for world peace as well as justice and religious freedom for everyone

Leaders of Conscience Working Together for Love, Peace, and Justice

From left, Dr. Katrina Lantos Swett, president of the Lantos Foundation for Human Rights and Justice; Dr. Hong, Tao-Tze, zhang-men-ren (grandmaster) of Tai Ji Men and president of the Federation of World Peace and Love (FOWPAL); and former U.S. Ambassador-at-Large for International Religious Freedom Sam Brownback, right, hold hands to show solidarity for the promotion of love and peace in the world after Dr. Swett’s and Amb. Brownback’s ringing the Bell of World Peace and Love in Washington, D.C. on June 28, 2022. (Kevin Wolf/AP Images for Federation of World Peace and Love)

WASHINGTON, D.C., June 28, 2022 (GLOBE NEWSWIRE) — The Tai Ji Men Cultural Goodwill Group and the Federation of World Peace and Love (FOWPAL) have visited 101 countries to promote conscience, love, and peace. They revisited Washington, D.C. at a critical and turbulent time, and from June 28 to July 1, they will hold solemn and sacred ceremonies of ringing the Bell of World Peace and Love to pray for the world.

On June 28, Dr. Katrina Lantos Swett, president of the Lantos Foundation for Human Rights and Justice, and former U.S. Ambassador-at-Large for International Religious Freedom Sam Brownback, who are the co-chairs of the International Religious Freedom (IRF) Summit 2022, rang the Bell and made their wishes for peace. In today’s chaotic world where conflicts, human rights violations, and religious persecution happen frequently, the ringing of the peace bell in Washington, D.C., the epicenter of the world’s politics, is all the more extraordinary and meaningful.

Former U.S. Ambassador-at-Large for International Religious Freedom Sam Brownback rang the Bell and stated, “I pray for peace that surpasses understanding for everyone!” Ambassador Brownback once stated that freedom of religion is a fundamental human right, without which humanity cannot flourish, emphasizing, “We believe governments’ role is to protect that innate right of a person to select their own course of future for their soul.”

Dr. Katrina Lantos Swett, president of the Lantos Foundation for Human Rights and Justice, rang the Bell and stated, “I pray daily for peace but also for justice because without justice and freedom – especially freedom of religion and belief, there cannot be any peace.” She also expressed her gratitude to Tai Ji Men, saying, “I am grateful for the spirit of this wonderful community.”

Dr. Hong, Tao-Tze, president of FOWPAL, presented to each of the two leaders of conscience a certificate of appreciation for cultural exchange in recognition of their initiating the IRF Summits, promoting a culture of conscience, defending the freedom of religion and belief of every citizen of the world, and bringing stability to people’s hearts!

To date, 419 influential leaders from 128 nations, including 49 heads of state and government and seven Nobel Peace Prize laureates, have rung the Bell and contributed to global peace and sustainability! Three bell ringers, President Fradique de Menezes of Sao Tome and Principe (2001-2011), President Abdoulaye Wade of Senegal (2000-2012), and President Leonel Fernández of the Dominican Republic (1996-2000 and 2004-2012), for example, rang the Bell and made wishes for peace during their tenures and later mediated between neighboring countries to defuse potential wars, fulfilling their promises to help stabilize and sustain the Earth.

The Bell of World Peace and Love was recently rung at the 25th Eurasian Economic Summit in Turkey to promote global sustainability. Seven influential leaders rang the Bell, including five former heads of state.

The Bell was also rung by a total of 11 ministers of environment and environmental activists during Stockholm+50 in Sweden in early June. It was hoped that the ringers’ wishes for peace would be spread with the peaceful sound of the Bell, praying for the blessings of all living creatures, and that global citizens would safeguard the Earth and facilitate ecosystem restoration.

On July 1 at 10:00-11:30 am in Room 12-14 at the Renaissance Washington DC Downtown Hotel, Tai Ji Men and FOWPAL will host another ceremony of ringing the Bell of World Peace and Love as well as present cultural performances, where influential leaders will ring the Bell and pray for the world.

Ringing the Bell is especially significant at this tumultuous time because it aims to awaken the conscience of global citizens, to inject positive energy into the world to protect the Earth, and to foster world peace through the influence and participation of the bell ringers, who will bring more light and hope to the world with their words of conscience and reverence for Heaven and Earth. The collective peace efforts of more peace-loving individuals will make the world a better and safer place!

Tai Ji Men Qigong Academy: Tai Ji Men is an ancient menpai (similar to school) of qigong, martial arts, and self-cultivation. It has carried forward the wisdom of Daoist philosophy, one of the highest philosophies of humankind. It is an international nonprofit cultural organization. Its contemporary zhang-men-ren (grandmaster), Dr. Hong, Tao-Tze established the Tai Ji Men Qigong Academy in 1966, and since then it has grown to 15 academies worldwide.

Dr. Hong teaches his dizi (similar to disciples) methods to achieve physical, mental, and spiritual balance, and tens of thousands of families have benefited from his teaching. At Tai Ji Men, martial arts and wisdom have been passed down from the shifu (master) to his dizi. Through this time-honored tradition, the shifu and dizi promote the Tai Ji Men culture and martial arts around the world while embodying what is true, good, and beautiful as well as spreading the ideas of conscience, love, and peace. Over the past half-century, the shifu and dizi have self-funded trips to over 300 cities in 101 nations to conduct more than 3,000 cultural performances and exchanges and have been recognized as “International Ambassadors of Peace and Goodwill.

Media Contact:

Lily Chen
Representative
info@taijimenla.org
626-202-5268
http://www.taijimen.org/TJM2016G_ENG/index.php

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7c7ccc8c-a9fa-4275-b6a4-f89720241fa9

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

SINGAPORE, June 29, 2022 (GLOBE NEWSWIRE) — Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.

Asia Pacific is the world’s biggest electricity consumer and carbon emitter, larger than Europe and North America combined. With strong demand growth and coal still accounting for over half of power supply, the region has yet to peak carbon emissions and is at its infancy in the long journey to net zero. The path to success is now paved with even more obstacles as fuel and power prices soar, geopolitical tensions rise, supply chains are stressed and project developers face rising costs and unprecedented revenue risks. The big question now is whether Asia Pacific can rise above these challenges and take a proactive role in the energy transition. How are companies dealing with economic pressures while recalibrating environmental and net-zero strategies?

Join Wood Mackenzie experts and special guests from BASF, Energy Networks Australia, Huawei Technologies, Orsted Japan, Sumitomo Corporation Global Metals and many more. These industry leaders will discuss global trends, such as the impact of energy price inflation and the Russia/Ukraine conflict, as well as regional topics including Japan’s strategy in balancing energy security vs. carbon neutrality, the latest supply chain outlook from Asia’s wind, solar and battery equipment manufacturers, booming corporate low-carbon power procurement demand, Australia’s leading role in green hydrogen and ammonia and how these trends impact the industry.

Key external speakers include:

  • Hemant Naidu, Regional Category Management – Electricity and Carbon Management, Asia Pacific, BASF
  • Todd Li, President of Asia Pacific, Trina Solar
  • Rupert Maloney, Head of Hydrogen, Clean Energy Finance Corporation
  • Dor Son Tan, Head of Distribution, Energy Networks Australia
  • Bob Takai, Executive Advisor, European Energy Exchange AG
  • Jessica Chen, CTO of Solar Business, Huawei Technologies
  • Andrew Ho, Head of Government and Regulatory Affairs, Asia Pacific New Markets, Orsted Japan
  • James Allan, Director, Quinbrook Infrastructure Partners
  • Mototsugu Ikari, Team Leader for Steel Construction, Sumitomo Corporation Global Metals
  • Mark Todoroff, Business Development Director and Future Energy Leader, World Energy Council, TESLA Asia Pacific

The virtual conference will offer opportunities to connect with leading players in the power and renewables industries. Delegates can also connect with regional utilities, grid operators, national and energy regulatory bodies, investment entities and technology providers.

Register for the Wood Mackenzie Power & Renewables APAC Virtual Conference 2022 now. Readers are entitled to a 15% discount off conference tickets using promotion code “MEDIA15PR.”

About Wood Mackenzie:
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world’s natural resources sector. We empower clients to make better strategic decisions, providing objective analysis and advice on assets, companies and markets. For more information, visit: www.woodmac.com or follow us on Twitter @WoodMackenzie

WOOD MACKENZIE is a trademark of Wood Mackenzie Limited and is the subject of trade mark registrations and/or applications in the European Community, the USA and other countries around the world.

About Verisk:
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

For speaking and programme enquiries: 

Julia O’Hegarty
+44 7771 547086
julia.o'hegarty@woodmac.com

For media queries:

Ann Lee
+65 6518 0823
ann.lee@woodmac.com

FLEXIM Introduces Enhancement of Automatic Flow Disturbance Correction for Clamp-on Ultrasonic Flowmeters

Flow Disturbance Correction

Flow Disturbance Correction

BERLIN, June 28, 2022 (GLOBE NEWSWIRE) — Adhering to straight-run requirements can be a challenge in the generally limited space of industrial process plants. Because of limited pipework, it’s not always feasible to carry out optimal installation away from valves, bends and other inline workings that could lead to excess turbulence that’s difficult to deal with.

To obtain precise measurement under normal circumstances, clamp-on flow meters demand an inlet length of at least 10D. However, thanks to FLEXIM’s brand new disturbance correction technology, accuracy is guaranteed even under less than ideal inflow conditions, reducing the necessary inlet length from 10D to a much more realistic and achievable 2D.

A flexible and cost-effective solution for both planners and users.

FLEXIM’s commitment to innovation means that installation can be carried out in even the most restricted spaces, with no downtime and no reduction in accuracy.

As of the 1st of June 2022, the enhanced Disturbance Correction feature has been implemented on all relevant meters.

What does FLEXIM do?

In virtually every country around the world, FLEXIM’s groundbreaking instruments are providing essential liquid, gas and steam measurement, control, data logging and alarm services to every single industry.

From simple to complex industrial and municipal processes, FLEXIM’s multi-function measurement and control systems provide relentlessly reliable instrumentation – even at temperatures up to 1100F.

FLEXIM designs and manufactures multiple types of non‑intrusive ultrasonic liquid/gas flowmeters. From the permanent FLUXUS (available in a wide range of models and configurations including Mass and Thermal Energy Measurement Systems), to the F601 portable, and now the FLUXUS H20 family of portable flow meters for municipal applications.

To find out more about FLEXIM’s enhanced Flow Disturbance Correction, and how it makes measuring errors a thing of the past, take a look at our latest video and visit our website: 

Video: https://youtu.be/3UWoGWLyJzM

Homepage: https://www.flexim.com/us

Products: https://www.flexim.com/us/ultrasonic-flowmeters-and-online-process-analyzers

You can also get in touch for more detailed information:

Contact Us: https://www.flexim.com/us/contact-us

Locations: https://www.flexim.com/us/locations

Contact:

Tiffany DeMayo

FLEXIM

(631) 492-2300

tdemayo@flexim.com

Related Images

Image 1: Flow Disturbance Correction

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

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Cabinet forms Special Task force on Jihad Against Inflation – PM Ismail Sabri

KUALA LUMPUR, June 29 (Bernama) — The Cabinet today agreed to form a Special Task Force on Jihad Against Inflation to help Malaysian families face the rising cost of living.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the main role of the special task force is to gather all information from ministries, agencies and the public, and to formulate strategies and coordinate actions to resolve issues relating to inflation, especially in controlling price hikes more efficiently and effectively.

“The task force will function like the one which handled the COVID-19 pandemic, and they will have meetings twice a week, namely on Mondays and Thursdays.

“A press conference will be held after every meeting to answer all questions on issues raised by the people,” he said in a statement here today.

Ismail Sabri said the move was taken following the rising cost of living faced by the people due to climate change and geopolitical uncertainties, including the Russia-Ukraine crisis which is expected to drag on and affect fuel and food commodity markets.

The Special Task Force on Jihad Against Inflation will be chaired by Minister of Communications and Multimedia Tan Sri Annuar Musa.

It will have five members namely Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz, Minister of Agriculture and Food Industries Datuk Seri Dr Ronald Kiandee, Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed and Chief Secretary to the Government Tan Sri Mohd Zuki Ali.

Meanwhile, the Prime Minister said an officer will be appointed at each ministry as the focal point to provide immediate responses to the special task force with the Ministry of Domestic Trade and Consumer Affairs as its secretariat.

“The government is always striving to ensure that the people are not severely affected by the increase in the inflation rates around the world,” he added.

Source: BERNAMA News Agency

New ceiling price of chicken at RM9.40 from Friday

PUTRAJAYA, June 29 (Bernama) — The Cabinet today decided to continue providing subsidy for chicken and not to float its price, capping the retail price of standard chicken at RM9.40 per kilogramme in Peninsular Malaysia effective July 1.

The Cabinet also agreed to fix the retail ceiling price of grade A chicken eggs at 45 sen each, grade B eggs at 43 sen each and grade C eggs at 41 sen each in Peninsular Malaysia, also effective July 1.

Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee said in a statement that the government had allocated a subsidy of RM369.5 million for chicken and chicken eggs, bringing the total amount spent on subsidies to RM1.1 billion since Feb 5.

Previously, the government set the maximum retail price of chicken for Peninsular Malaysia at RM8.90 per kg for standard chicken and RM9.90 per kg for super whole chicken (slaughtered and cleaned without legs, head, liver and gizzard).

The maximum price of grade A chicken eggs was previously set at 43 sen each, grade B eggs at 41 sen each and grade C eggs at 39 sen each.

Ronald said the decision was taken after taking into account the Bantuan Keluarga Malaysia (BKM) announced by Prime Minister Datuk Seri Ismail Sabri Yaakob recently, through cash assistance initiatives including additional cash aid to the B40 group and some of the M40 group.

According to him, some 8.6 million BKM recipients have been approved with households to receive up to RM2,600 this year, which is the biggest aid ever given by any government.

The increase in prices of goods is an issue that is not just happening in Malaysia, but is a global phenomenon due to the supply chain disruption triggered by geopolitical conflict and climate change, he said.

“Nevertheless, the government is trying its best to set a price control mechanism to ensure the Malaysian Family is not burdened by the challenges of the cost of living,” he added.

Source: BERNAMA News Agency