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July 27, 2022

Using technology for good: AI and forests

By GlobalData Thematic Research

The importance of forests to all our lives cannot be underestimated. We depend on them for countless things, from the air we breathe to the many material goods we use, such as lumber and paper. Besides these, forests provide habitats for countless species, prevent soil erosion, and importantly are a natural carbon sink essential for the stabilizing of greenhouse gas emissions and tackling climate change. During the Covid-19 pandemic, many communities also rediscovered the health and well-being benefits of having access to forests.

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Thematic Research- ESG – Governance Factors

Governance is central to GlobalData’s ESG framework, developed to help companies understand and address their responsibilities across three main areas: environmental, social, and governance (ESG). Organizing the topic into these three key areas makes it easier for companies to assess where they stand. The framework goes deeper and defines four key areas within each topic. Within corporate governance, these are corporate structure, risk management, corruption, and bribery and ethics. Then, within each area, the framework identifies several contributing factors and mitigating actions to help companies identify where progress is needed and create action plans. Good corporate governance has never been more important. It has come to the fore as directors and executives recognize that they are responsible not just to shareholders, as in the past, but to a wide range of stakeholders. GlobalData’s report on ESG - Governance Factors, taken from the collection of >17,000 reports on GlobalData Explorer, will help you to:    
  • Assess companies based on GlobalData’s detailed ESG framework on governance
  • Identify relevant issues pertaining to governance using our framework
  • Explore reasons why governance is an important ESG issue
  • Identify factors which help to improve corporate governance in a company
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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We must safeguard our forests

All of this is under threat. Globally, forests are experiencing high-intensity wildfires, rapid urbanization, the spread of invasive species, and epidemics of pests and diseases. In just the past week, a European heatwave saw wildfires in Spain, France, Slovenia, and Greece. In the aftermath, forest restoration and management will present a host of challenges and demand rapid investment. This is where disruptive technologies can enter the equation and improve the state of our forests.

An operating system for landscape restoration

One US-based start-up, Vibrant Planet, addresses these challenges through the launch of its comprehensive platform, Land Tender. The cloud-based platform speeds up the implementation of forest management targets. It assists in forest treatment planning, the monitoring of landscapes, decision making, reporting, and fund allocation.

All of this is done using AI-driven insights, real-time data, and simulated scenarios looking up to 30 years into the future. The use of cloud computing also enables all team members and stakeholders to work on the same platform at once and have complete visibility of project data, modelling, and objectives. This accelerates management decisions and records the continuous progress of restoration projects.

Technology for good

In June 2022, the start-up raised $17 million in a seed round of funding and plans to expand its platform to Europe, Western US, and other forests worldwide that are at risk. Vibrant Planet represents one company using technology for good and with actionable steps, in this case, facilitating the modernization of the traditional forest planning processes.

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Thematic Research- ESG – Governance Factors

Governance is central to GlobalData’s ESG framework, developed to help companies understand and address their responsibilities across three main areas: environmental, social, and governance (ESG). Organizing the topic into these three key areas makes it easier for companies to assess where they stand. The framework goes deeper and defines four key areas within each topic. Within corporate governance, these are corporate structure, risk management, corruption, and bribery and ethics. Then, within each area, the framework identifies several contributing factors and mitigating actions to help companies identify where progress is needed and create action plans. Good corporate governance has never been more important. It has come to the fore as directors and executives recognize that they are responsible not just to shareholders, as in the past, but to a wide range of stakeholders. GlobalData’s report on ESG - Governance Factors, taken from the collection of >17,000 reports on GlobalData Explorer, will help you to:    
  • Assess companies based on GlobalData’s detailed ESG framework on governance
  • Identify relevant issues pertaining to governance using our framework
  • Explore reasons why governance is an important ESG issue
  • Identify factors which help to improve corporate governance in a company
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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GlobalData Thematic Research