oekom research, one of the world’s leading rating agencies in the area of sustainable investments, expands its product range with the oekom Carbon Services. Hereby, investors can leverage a comprehensive information base to identify and manage both current and future carbon-related risks and performance at issuer and portfolio level.
oekom Carbon Services integrate over 100 cross-industry and industry-specific indicators, which record and evaluate the performance of over 3,700 companies in managing their industry-specific carbon risks, their business activities relating to the fossil fuels coal, oil and natural gas and – via a partnership with South Pole Group, the leading global provider of carbon footprinting data – their carbon footprint. The toolbox provides detailed data feeds, portfolio analyses or rating reports and consists of the following components, which can also be used separately:
– oekom Carbon Risk Rating: a comprehensive assessment of the carbon performance of companies, based on over 100 mainly sector-specific indicators and a carbon risk classification at the industry and sub-industry levels
– oekom Fossil Fuel Screening: enables the differentiated identification of company activities relating to the fossil fuels coal, oil and natural gas
– oekom Carbon Risk Portfolio Analysis: includes a comprehensive analysis of the CO2 risks and the carbon performance of a portfolio and incorporates carbon
In the light of increasing decarbonisation trends investors need reliable data in order to be able to evaluate, understand and manage the climate-related risks of their existing or planned investments. A comprehensive analysis is necessary in order to gain as complete a picture as possible not only of the carbon-related risks but also of the climate-related performance of companies“, explains Robert Haßler, CEO of oekom research. „This gives rise to a demand among investors for specific information on a wide variety of levels. The oekom Carbon Services offer high quality analyses and data to provide them with the answers they need.
7 New Technologies That Could Radically Change Our Energy Consumption
Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.
This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?
Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.
New Technologies to Watch
These are some of the top emerging technologies that have the power to reduce our energy demands:
- Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
- Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
- New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
- Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
- Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
- The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
- Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.
Making the Investment
All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.
Responsible Energy Investments Could Solve Retirement Funding Crisis
Tip #1: Focus & Determination
Tip #2: Minimize Spending
Tip #3: Visualize Your Goal