World ESG Summit Saudi Arabia — Powering the Future Responsibly

“Powering the Future Responsibly — Embrace ESG in the Energy Sector for Sustainable Growth and Greener Tomorrow.”

The World ESG Summit is a platform dedicated to promoting the principles of Environmental, Social, and Governance (ESG) globally. With a focus on sustainable and responsible business practices, the summit brings together leaders and experts from various industries to collaborate and drive positive change.

One of the critical goals of the World ESG Summit is to raise awareness about the importance of ESG in business decision-making. By showcasing successful ESG initiatives and sharing best practices, the summit aims to inspire and empower organizations to integrate sustainability into operations.

The summit also serves as a networking opportunity for like-minded individuals and organizations, fostering meaningful connections and partnerships to drive collective action toward a more sustainable future.

With a diverse range of topics and speakers, the World ESG Summit provides a platform for dialogue and knowledge-sharing, fostering a culture of innovation and continuous improvement in the ESG space.

As the demand for sustainability and ethical business practices continues to grow, the World ESG Summit is pivotal in driving the global ESG agenda forward. The summit catalyzes positive and impactful change by bringing together thought-leaders and change-makers, offering hope and optimism for a better, more sustainable future.

(Source: www.worldesgsummit.com)

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About ClimaTwin®

ClimaTwin® is a leading climate risk intelligence solution for infrastructure assets and the built environment.

We empower infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. By connecting complex climate models and infrastructure digital twins, our solution enables owner-operators, investors, governments, engineers, and other decision-makers to aggregate, visualize, and analyze disparate datasets, revealing site-specific insights at a hyper-local scale. Benefits include 5-10x near-term returns and lifetime cost-avoidance by mitigating risks to systems, services, and societies.

To learn more about climate risk intelligence for your infrastructure assets, please visit www.climatwin.com today.

© 2024 ClimaTwin Corp. ClimaTwin® is a registered trademark of ClimaTwin Corp. ClimaTwin Basic™, ClimaTwin Enterprise™, the ClimaTwin logo, and Climate Risk Intelligence for Infrastructure Digital Twins™ are trademarks of ClimaTwin Corp. All rights reserved.

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Insights Into The International Sustainability Standards Board — ISSB Reporting

The International Financial Reporting Standards (IFRS) Foundation recently established the International Sustainability Standards Board (ISSB) to develop global sustainability reporting standards. The ISSB aims to address the growing demand for transparent and comparable information in environmental, social, and governance (ESG) reporting.

The ISSB’s main objective is to provide a framework that enables companies to report on non-financial performance consistently and comparably. This will support investors, regulators, and other stakeholders in making informed decisions about the sustainability of a company’s operations and its impact on the environment and society.

The ISSB’s standards will cover numerous sustainability issues, including climate change, biodiversity, human rights, and social inequality. By establishing clear reporting requirements, the ISSB encourages companies to integrate sustainability considerations into business strategies and operations, contributing to more sustainable and responsible business practices.

The establishment of the ISSB represents a significant step towards harmonizing global sustainability reporting practices. By developing internationally recognized standards, the ISSB seeks to enhance transparency and accountability and to facilitate the allocation of capital to sustainable investments. This will ultimately contribute to the achievement of global sustainability goals and the transition to a more sustainable economy.

About ClimaTwin®

ClimaTwin® is a leading climate risk intelligence solution for infrastructure assets and the built environment.

We empower infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. By connecting complex climate models and infrastructure digital twins, our solution enables owner-operators, investors, governments, engineers, and other decision-makers to aggregate, visualize, and analyze disparate datasets, revealing site-specific insights at a hyper-local scale. Benefits include 5-10x near-term returns and lifetime cost-avoidance by mitigating risks to systems, services, and societies.

To learn more about climate risk intelligence for your infrastructure assets, please visit www.climatwin.com today.

© 2023 ClimaTwin Corp. ClimaTwin® is a registered trademark of ClimaTwin Corp. ClimaTwin Basic™, ClimaTwin Enterprise™, the ClimaTwin logo, and Climate Risk Intelligence for Infrastructure Digital Twins™ are trademarks of ClimaTwin Corp. All rights reserved.

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Collaborating across the information value chain with infrastructure digital twins

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Collaboration With Infrastructure Digital Twins Across the Information Value Chain

Collaborating across the information value chain with infrastructure digital twins

Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins

By Steve Cockerell, Industry Marketing Director, Rail & Transit, Bentley Systems

Continuing from the previous post about Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins…

Collaborating across the information value chain

There is also a significant opportunity to use digital twins to help the investment community with key challenges such as capital allocation, risk screening and management, asset value enhancement through improved performance and reliability, and compliance with environmental, social, and governance (ESG) requirements.

ESG loans have become increasingly widespread, and new professions in the financial sector are being formed to focus on ESG-related investments. My colleague, Mark Coates, International Director of Public Policy and Advocacy at Bentley Systems recently published a white paper that looked at ‘The Power of Data for Long-Lasting Change’ (direct download of white paper available here) in which he highlighted that in February 2020, Great Portland Estates signed a GBP 450 million, ESG-linked, revolving credit facility with a group of five banks, as part of its plans to become net-zero by 2030.

The basics of the information value chain must be applied to harness this potential. The financial community can assist in using data insights to tackle their most pressing challenges by engaging with the entire sector to build realistic use cases. The infrastructure industry must contribute by approaching this debate with openness and flexibility. They must also understand that investors create returns on investment in several ways, through various asset types and at various phases of the infrastructure lifecycle. Some of their use cases will overlap with those established before for supply chain enterprises or operators, while others will not.

We must first improve the quality of dialogue between investors and other stakeholders in the infrastructure sector, reimagine the information value chain from an investor’s perspective, investigate how investors can expand their leadership role, and share some use cases that investors are currently pursuing. There are three critical phases to doing this: First the infrastructure industry needs to recognize the many different infrastructure investors and what this entails for the various ways in which they might profit from digital twins. Second, recognize how investors classify infrastructure. And third, connect digital twin use cases to various investing strategies.

More in the next post about Here’s Why Investors are Starting to Pay Attention to Infrastructure Digital Twins…

This article was republished with prior written permission from Bentley Systems.

(Source: Cockerell, Steve. “Here’s Why Investors Are Starting to Pay Attention to Infrastructure Digital Twins.” Bentley Blog, Bentley Systems, 6 Sept. 2022, https://blog.bentley.com/heres-why-investors-are-starting-to-pay-attention-to-infrastructure-digital-twins/.)

© 2023 Bentley Systems, Incorporated. All rights reserved.

About Bentley

Bentley Systems (NASDAQ: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure — sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals and organizations of every size for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.

About ClimaTwin®

ClimaTwin® is a leading climate risk intelligence solution for infrastructure assets and the built environment.

We empower infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. By connecting complex climate models and infrastructure digital twins, our solution enables engineers, owner-operators, and governments to aggregate, visualize, and analyze disparate datasets, revealing site-specific insights at a hyper-local scale. Benefits include 5-10x near-term returns and lifetime cost-avoidance by mitigating risks to systems, services, and societies.

To learn more about climate risk intelligence for your infrastructure assets, please visit www.climatwin.com today.

© 2023 ClimaTwin Corp. ClimaTwin® is a registered trademark of ClimaTwin Corp. ClimaTwin Basic™, ClimaTwin Enterprise™, the ClimaTwin logo, and Climate Risk Intelligence for Infrastructure Digital Twins™ are trademarks of ClimaTwin Corp. All rights reserved.

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