SAN FRANCISCO: ClimateAi, applying artificial intelligence (AI) to climate risk modeling, has launched a SaaS solution for companies wanting to know the risk level of climate change on their supply chains.
The company says potential customers can optimize supply chain operations - production planning, demand estimation, and inventory management - to minimize climate risk exposure and identify new locations for climate-smart expansions for specific crops and ingredients.
New research from CDP, the non-profit that runs the world’s environmental reporting system, says buyers such as Walmart face US$120 billion in increased costs by 2026 due to environmental risks associated with their supply chains.
Analysis of data from over 8,000 suppliers reporting to the CDP suggests the manufacturing supply chain is most at risk (US$64 billion in increased costs), followed by the food, beverage and agriculture sector (US$17 billion), and power generation (US$11 billion).
The cost risks include the increased severity and frequency of cyclones and floods; rising cost of raw materials; regulatory and market changes such as carbon pricing; and greater spending on product innovation due to changing customer demands.
CDP says more and more buyers “are demanding transparency and action from their suppliers to tackle environmental impacts in their supply chains”, including 150 companies with over US$4.3 trillion in purchasing power.
“The pandemic – timed with the hottest year to date – put the focus squarely on the vulnerabilities of our food system infrastructure,” commented Himanshu Gupta, CEO of ClimateAi. “Our platform aims to accelerate the transition to climate adaptation across supply chains – similar to what Fairtrade did to responsible sourcing. In the future, we plan to launch the world’s first climate resilience rating scheme for supply chains based on data gathered by our platform and the trust we have built with our customers and partners.”
Headquartered in San Francisco, ClimateAi is a group of scientists, engineers and agriculture entrepreneurs seeking to make agriculture more profitable and food systems more resilient by bringing climate intelligence and agronomics into the age of machine learning. Over the next three years it aims to provide risk analysis of half a billion acres of farmland worldwide.
AMSTELVEEN, The Netherlands: The Swedish Energy Agency has awarded €500,000 to a Dutch-Swedish consortium including KLM to continue R&D into developing Sustainable Aviation Fuel (SAF).
The consortium also includes forestry group Södra, fossil-free energy provider Växjö Energi, SAF pioneer SkyNRG, RISE Research Institutes of Sweden and green transport NGO 2030-sekretariatet.
Using technology based on Fischer-Tropsch synthesis, they plan to build a facility in the Växjö region of Småland, Sweden capable of producing 16,000 tonnes of high quality SAF annually from 2026.
According to KLM vice president Sustainability Karel Bockstael, current production technology based on used cooking oils will not be enough to meet future airline demand for SAF so the availability of large quantities of forest residues in Sweden and other parts of Northern Europe make it a promising scalable feedstock.
Aero engine manufacturer Rolls Royce says the current generation of SAF reduces lifecycle carbon emissions by up 70 percent but assumes this will increase to 100 percent.
The company acknowledges it is playing an active role in advocating 100 percent SAF for use in commercial aviation from the current 50 percent blend limit.
Lotta Lyrå, president and CEO of Södra, said using every part of a tree, including residues, is a goal of her 53,000 forest-owning members’ contribution to the climate transition.
“Making high quality SAF from forest residues not suitable for buildings or other materials is a way of doing so and help de-carbonize aviation. With this consortium, we are working through the entire value chain to take the next step towards creating a new industry of sustainable aviation fuel,” she added.
NGOs, the Swedish government, Södra, certification systems, academics and SkyNRG’s Sustainability Board will study the carbon balance and forest biodiversity as well as potential displacement effects of utilising residues for SAF production.
"The potential to use forestry residues for higher value end-uses, like SAF, is there,” commented SkyNRG managing director Maarten van Dijk, “But before taking a next step in scaling up, it is critical to make sure we understand the sustainability and impacts of this new, integrated supply chain.
"We are therefore very grateful for the strong partnership and financial support from the Swedish government to take a next big step in understanding the true potential of this feedstock/technology setup.”
TOULOUSE, France: CMA CGM has signed a five-year agreement with France’s space agency CNES to identify, design and develop innovative solutions for marine shipping logistics and the space industry.
Mutual R&D will cover smart ship routing to enhance crew safety at sea and manage shipping’s environmental footprint; developing practices for producing, storing, distributing, filling and using hydrogen; employing digital technology to upgrade port activities and infrastructures; and using space technology to develop a reliable and sustainable end-to-end service for global tracking.
“CNES is world- renowned for its space expertise,” commented CMA CGM chairman and CEO Rodolphe Saadé. “This unique partnership will cement our innovation strategy, enabling us to benefit from technologies developed by CNES, be it to optimize our operations or to support our energy transition.”
Founded in 1961, CNES is the initiator of major space projects, launch vehicles and satellites working in five core areas: Ariane, science, Earth observation, telecommunications and defence. On behalf of France it is also the leading contributor to the European Space Agency (ESA), which conducts Europe’s space policy for 22 member states.
Speaking at the agreement signing, CNES chairman and CEO Philippe Baptiste noted it was a perfect illustration of the agency’s goal to reach outside the space industry – particularly the mobility, environment and healthcare sectors.