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Search resuls for: "Freya Graham"


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☆ The RealReal is using AI to find fakes
  + stars: | 2024-05-21 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. For "CXO AI Playbook," Business Insider takes a look at mini case studies about AI adoption across industries, company sizes, and technology DNA. We've asked each of the featured companies to tell us about the problems they're trying to solve with AI, who's making these decisions internally, and their vision for using AI in the future. AI in actionThe RealReal started using artificial intelligence in 2018 with a program designed to speed up the writing of descriptions for newly uploaded items. Courtesy of Samantha McCandlessHumans are still part of the authentication process, which helps to manage issues such as false positives.
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☆ From black to green: How an oil-and-gas company pivoted to embrace wind energy — and is now raking in billions
  + stars: | 2023-04-13 | by ( Freya Graham | ) www.businessinsider.com   time to read: +11 min
Like Sykes, it made a transition from black to green — and in doing so, it demonstrated it's possible for big energy companies to pivot to clean energy. To limit the influence of climate change, those emissions need to rapidly decrease — which means that big energy companies need to change their operations. A 2022 study found that 51% of the world's biggest publicly listed energy companies had not set out a strategy to reduce their emissions. Shell, for example, says it has about 50 gigawatts of renewable energy in operation, under construction, or in development. "If we could do the energy transition without them, I wouldn't be doing this," van Baal added.
☆ The world's oceans are key to slowing the climate crisis, and this year is critical to guaranteeing their longevity
  + stars: | 2023-01-20 | by ( Freya Graham | ) www.businessinsider.com   time to read: +7 min
But oceans are an important carbon sink — some more effective than rainforests. Leaders at Davos said the role of the ocean in combating climate change has been underestimated. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Understanding 'blue carbon'Plants and trees that grow in coastal waters, such as mangroves, kelp, and seagrass, are all forms of "blue carbon," which means they absorb and store carbon. The Global Biodiversity Framework, agreed at COP15 in Montreal in December 2022, was a big step forward for oceans.
☆ How to speed up the transition to green energy, according to leaders at Davos
  + stars: | 2023-01-19 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
Leaders at Davos say government policy to incentivize the transition can push things forward. There's no 'silver bullet' solutionThe energy transition involves a huge variety of solutions coming together — renewable energy, electric vehicles, hydrogen technology, and nuclear power, to name a few, will all play a role. Andrés Gluski, CEO of energy company AES, said there isn't "one silver bullet" for the energy transition. Daniels said that while the US is using incentives to drive the energy transition, the EU is using rules and regulations. Ciorra also called China a champion of the electric transition, because "they are making this as a business."
☆ 4 ways to pay for the climate crisis, according to Al Gore and other leaders at Davos
  + stars: | 2023-01-18 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
Panel speakers said philanthropy is often overlooked when thinking about the climate finance gap and that it could act as vital leverage. Michael Wilkins, ​​executive director and professor of practice at the Centre for Climate Finance & Investment at Imperial College Business School, welcomed the comments made by panelists at Davos. "Philanthropy has been crucial in research and development for climate finance and its development," Wilkins told Insider. "The private sector has to join the public sector," Gore said. The solution is not just about scaling up climate investment, though, according to Gore.
☆ A 20-year-old indigenous climate activist says the World Economic Forum is the perfect time for corporations to 'show their commitment' to breaking up with fossil fuels
  + stars: | 2023-01-17 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
Helena Gualinga is an Indigenous youth climate advocate from Ecuador. Gualinga wants to bring Indigenous and youth perspectives to climate conversations at Davos. The 20-year-old Indigenous youth climate advocate is speaking on several panels at the World Economic Forum in Davos, Switzerland, this week, sharing the stage with the likes of John Kerry, the US Special Presidential Envoy for Climate, and IKEA CEO Jesper Brodin. Much of the green transition is about electrification — for instance, switching from gas cars to electric ones. Corporations must commit to making a changeAt Davos this year, Gualinga wants to see "a real commitment to climate action."
☆ Climate leaders say 3 conversations need to happen at the World Economic Forum this week to lock in a sustainable future
  + stars: | 2023-01-16 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
The climate crisis is set to dominate the agenda at this year's World Economic Forum meeting in Davos. Climate experts say they'll be looking out for 3 conversations, including how to pay for the climate crisis. More climate finance dealsSome solutions to the climate crisis already exist, according to Sweta Chakraborty, behavioral scientist and CEO of climate solutions organization We Don't Have Time. A sovereign debt conversion deal enables governments to convert a portion of this debt into sustainability financing. "Developing countries want to join the fight against the climate crisis and need financial support to be successful," she said.
☆ Solar sharing helps farmers in Japan adopt sustainable methods — and earn additional money
  + stars: | 2022-12-12 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
Solar sharing, or agrivoltaics, is a system where solar panels and farming are on the same land. His family business, Hattori Tea Farms, situated in the Shizuoka prefecture in Japan, had been growing sencha green tea for over a century. He landed on a solution: Rather than growing regular green tea, the farm would specialize in high-quality matcha. "Big solar farms can be very disruptive because the land use is only for harnessing solar energy. While the increased amount of shade can reduce a farm's productivity, solar panels can bring benefits to the crops, too.
☆ Denmark's new 'energy islands' could revolutionize Europe's power systems
  + stars: | 2022-12-05 | by ( Freya Graham | ) www.businessinsider.com   time to read: +6 min
Denmark's energy islands will be a hub for transmitting wind-generated electricity and producing green hydrogen. Denmark is building two energy islands that could accelerate Europe's green transition. What's different about the energy islands, though, is the way that they will convert and transmit the electricity that they produce. It also means that the energy islands will be able to connect with more than one country and energy market at a time. "The world is going to build a lot of energy islands," he said.
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