Industry to Unite in Volvo's Construction Climate Challenge
Volvo Construction Equipment has launched a new initiative working with partners to promote sustainability throughout the entire construction industry and provide funding for environmental research.
The initiative will stretch the length of the construction industry’s value chain, from extraction and production of building materials, to road and general construction, to demolition and recycling.
The Construction Climate Challenge (CCC) aims to create a dialogue with industry representatives, academics and politicians, as well as providing funding for new research and sharing existing knowledge and resources to help the industry make a difference for generations to come.
Volvo CE President, Martin Weissburg, said: “We’ve been working on reducing emissions through our own internal initiatives for many years – and to considerable success. In December 2013, for example, we achieved carbon neutrality at our articulated hauler production facility in Braås, Sweden. However, we cannot address climate issues by ourselves.
“We joined the Volvo Group’s commitment to the WWF Climate Savers program in 2012, becoming the first construction equipment manufacturer to do so – but still that’s not enough,” he adds.
The CCC’s first step involves evaluating existing research on environmental management, identifying research that still needs to be carried out and then making this information readily available to interested parties in the industry.
To this end, Volvo CE invited researchers, professors and PhD students from around the world, as well as R&D employees working at the company, to a two-day workshop on climate change in September 2013. The participants determined a total of 112 activities within four research themes, such as sustainable business models, that a working party of Volvo CE employees will now refine and discuss with the other CCC participants.
In the future researchers will be able to apply for funding for projects falling within these themes, while participants will be kept up-to-date with all the latest findings.
Volvo CE said it was already funding studies within its own Manufacturing Research department (part of Operations Europe).
Weissburg concluded: “Our research department has already made a good start but we have a long way to go and realize we can make a bigger impact on climate change if we work together – with academics, politicians and industry peers.
“It is our aim for the CCC to become the default arena for discussion around climate research, project funding and strategy implementation in the construction industry over the next 10 years. If we can achieve this, we can make a useful contribution on reducing the industry’s impact on climate change.”
Visit www.ConstructionClimateChallenge.com for more information or
BT and Microsoft unveil strategic partnership
BT and Microsoft have launched a strategic partnership to accelerate innovation across enterprise voice, cyber security and industry-focused services in sectors from digital manufacturing to health.
BT has already been named one of the first development partners for Microsoft Operator Connect and Operator Connect Conferencing. The renewed agreement will allow BT to build on this relationship and offer its own branded global managed voice services directly through Microsoft Teams, with an approach that further enhances customer experience and creates new opportunities for growth.
The strategic partnership will build on BT’s existing portfolio of cyber security services built on Microsoft technology. It will see the companies push forward with the design and launch of a new generation of managed security services to enable and protect the modern collaborative workplace. BT will work closely with Microsoft to develop distinct security propositions to defend customers’ operations across the cloud as well as its own IT estate.
Sustainability and collaboration on digital skills are integral to the partnership. BT and Microsoft will work together on further enhancing sustainability credentials within their supply chains and join forces on promoting digital skills in the communities.
“BT and Microsoft are at the forefront of innovation in global digital platforms and connectivity that will take technology and communication beyond limits,” said Bas Burger, CEO of Global at BT and executive sponsor of BT’s partnership with Microsoft. “This partnership will ensure all of Microsoft’s solutions work ‘Best on BT’ and support both companies’ commitments to improving digital skills in the community.”
Omar Abbosh, corporate vice president of industry solutions at Microsoft, said: “BT can use Microsoft’s cutting-edge tools to develop new communications services that meet the needs and demands of today’s customers. By aligning our visions for communication, connectivity, security and digital technology, Microsoft and BT will support real growth for businesses across the world.”
Microsoft's vision is to transform construction and built environment businesses with design innovation, a supply chain you can control, and a connected, safer, more productive workforce.
Microsoft recently unveiled strong results for the quarter ending June 30:
- Revenue totalled $46.2 billion, up 21%
- Operating income was $19.1 billion, up 42%
- Net income was $16.5 billion, up 47%
- Diluted earnings per share was $2.17, up 49%
For the year, revenues totalled $168.1 billion (up 18%), operating income hit $69.9 billion (up 32%), net income was $61.3 billion GAAP and $60.7 billion non-GAAP, and increased 38% and 37%, respectively.
“We are innovating across the technology stack to help organizations drive new levels of tech intensity across their business,” said Satya Nadella, chairman and chief executive officer of Microsoft. “Our results show that when we execute well and meet customers’ needs in differentiated ways in large and growing markets, we generate growth, as we’ve seen in our commercial cloud – and in new franchises we’ve built, including gaming, security, and LinkedIn, all of which surpassed $10 billion in annual revenue over the past three years.”
In a trading update last month, BT reported profit after tax £2m, down £446m, due to a "one-off tax charge in the quarter to reflect the remeasurement of deferred tax balances following the enactment of the new UK corporation tax rate of 25% from April 2023".