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esglatestmarketnews · 1 year

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ESG and the Future of Electric Scooters: Trends and Predictions

Electric scooters have witnessed a notable journey from risky tech novelty to a green travel solution. The development of more sustainable, safe, affordable, convenient and efficient urban transportation solutions will see consumers transitioning to e-scooters. Electric mobility has witnessed profound traction to encourage environmentally friendly companies to invest in ESG initiatives. An increased commitment to a cleaner planet, sound corporate governance, safety & resilience and social impact will steer EV adoption.

Consumers, think tanks, independent researchers and media have furthered their focus on lightweight electric bikes that can propel carbon neutrality. With air quality, noise and pollution emerging as global concerns, stakeholders could vouch for electric scooters. There are tailwinds galore: accessibility to mobility, convenience and lower environmental impact if decarbonized or renewable energy is used.

Amidst the sustainable aspects of EVs, e-scooter manufacturers have received flak for greenhouse gas emissions during the manufacturing process, moving and managing them. According to a 2019 study from researchers at North Carolina University, e-scooters emit more GHG emissions per mile than traveling by bus, moped, bicycle or on foot. As such, increasing e-scooters’ lifespan could be the way forward. Furthermore, e-bikes can be an invaluable addition to commuters to enhance a shared model, and for manufacturers to foster recyclability, improve quality of life and bolster safety.

Key Companies in this theme

• Hero Electric

• Yadea Technology Group Co., Ltd.

• Gogoro Inc.

• Vmoto Limited

• BMW Motorrad International

Environmental Perspective

Lately, battery-swapping technology has gained ground to refuel e-scooters and contribute to a sustainable environment. Industry leaders assert that using swappable batteries could help minimize emissions. To illustrate, in February 2023, Gogoro Inc. launched its Impact Report illustrating how battery swapping has become paramount for sustainable transportation. The swapping system can integrate renewable power into electricity grids with demand response and virtual power programs. It has introduced Swap & Go, which offers up to 67% lower GHG emission per passenger kilometer. Besides, in 2022, the Taiwanese company started purchasing renewable energy to further minimize the amount of scope 2 emissions caused by retail operations, manufacturing and battery swapping services. Concrete plans to foster renewable energy, quality maintenance & repairs can underpin sustainable strategies.

Social Perspective

Stakeholders have prioritized e-bikes to offset noise pollution, efficiently use space & preserve public space, safety and foster diversity. According to the European Environment Agency (EEA), over 100 million people are exposed to harmful levels in the EEA-33 member countries, with road traffic becoming infamous as the most prevalent source of environmental noise. Moreover, noise pollution is associated with increased depression, stress and impaired learning abilities. Leaders are expected to promote silent electric mobility to negate noise pollution. Predominantly, diversity has become pivotal to propelling the social profile. According to the VOI ESG Sustainability Statement 2019-2020, 50 nationalities represent its 500 employees from diverse profiles and skill sets. The mobility company has also introduced incentivized parking zones to foster responsible parking. These trends indicate the global electric scooters industry is poised to gain ground as companies strive to unlock the social benefits of EVs.

Is your business one of the participants in the Electric Scooters Industry? Contact us for focused consultation around ESG Investing, and help you build sustainable business practices

Governance Perspective

Unlocking the compelling impact of e-scooters will need transparency, good corporate behavior, ethics & compliance, transparency and board diversity. At a time when sustainable development has become a benchmark to measure a company’s value and success, industry players have ramped up efforts to introduce ESG policies. For instance, in October 2021, Yadea formed an ESG Committee to foster green transformation and modern governance. It has also exhibited concerted efforts toward the disclosure of ESG policies. The company is counting on regular reporting to update the public and investors on green initiatives. The Shanghai-based company is well-positioned to foster diversity and maintain a high standard of corporate governance. Yadea has eight directors, including four independent non-executive directors and one non-executive director, according to its Annual Report 2021.

Investors, entrepreneurs and other stakeholders expect bullish policies, consumer acceptance, technology advancements in battery technology, increased lifespan of scooters, renewable energy and improvement in the charging infrastructure to fuel the adoption of two- and three-wheel EVs. In doing so, leading players will bolster their ESG goals and focus on micromobility. To illustrate, Halfords suggests it collected and recycled 4,562kg of used domestic batteries in the U.K. stores in FY 2020. With the recycling efforts becoming pronounced, the marketplace is slated to witness investment galore. The electric scooters market is expected to witness a robust CAGR of 7.8% from 2022 to 2030.

About Astra – ESG Solutions by Grand View Research

Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. – a global market research publishing & management consulting firm.

Astra offers comprehensive ESG thematic assessment & scores across diverse impact & socially responsible investment topics, including both public and private companies along with intuitive dashboards. Our ESG solutions are powered by robust fundamental & alternative information. Astra specializes in consulting services that equip corporates and the investment community with the in-depth ESG research and actionable insight they need to support their bottom lines and their values. We have supported our clients across diverse ESG consulting projects & advisory services, including climate strategies & assessment, ESG benchmarking, stakeholder engagement programs, active ownership, developing ESG investment strategies, ESG data services, build corporate sustainability reports. Astra team includes a pool of industry experts and ESG enthusiasts who possess extensive end-end ESG research and consulting experience at a global level.

For more ESG Thematic reports, please visit Astra ESG Solutions, powered by Grand View Research

#Electric Scooters Industry ESG #Electric Scooters Industry #Electric Scooter Market #electric scooters #esg in Electric Scooters Industry

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vomitdodger · 2 years

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Fascinating read about hacking cars and other things. Short version, semi pro/pro hacker Sam Curry previously hacked into electric scooters causing their lights and horns to flash for 15 mins. Video in article. Pontificates on the ramifications of that and explores vehicles vulnerability. Eventually proves dozens of manufactures are hackable. Ultimately decides that just about EVERY care made in last five years is hackable.

Reminder we are heading to “remote shutdown” or kill switch for all vehicles in several years. If you think this has any use other than destroy your freedom by a tyrannical regime then you haven’t been paying attention. Make a mean tweet, offensive meme, or ESG score too high? Sorry…the commies will shut down your car.

Reminder the CIA developed this tech as early as 2013 and killed Michael Hastings with the same tech Michael was trying to expose.

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famouspeopleofindia · 2 years

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Pawan Munjal

Dr. Pawan Munjal (Pawan Kant Munjal) is an Indian belonging to the promoter family of Hero group and one of India’s renowned corporate leaders, championing growth, socio-economic progress, and technological innovations. Pawan is the third child of (father) Brijmohan Lall Munjal and (mother) Late Santosh Munjal. He is 67 years old and currently serves as the Chairman, Managing Director & CEO of Hero Motocorp the world’s largest manufacturer of motorcycles and scooters. India Today magazine ranked him #49th in India's 50 Most powerful people of 2017 list.

Born: 1954 (age 68 years) Parents: Brijmohan Lall Munjal Education: National Institute of Technology, Kurukshetra Children: Vasudha Munjal, Annuvrat Munjal, Supriya Munjal Siblings: Sunil Kant Munjal, Suman Kant Munjal, Raman Kant Munjal, Geeta Anand

Personal

Dr. Munjal lives in Delhi with his wife and three children. He is a mechanical engineer by profession. His siblings are the Late Raman Kant, Suman Kant, Geeta Anand and Sunil Kant Munjal.

Early life

Pawan Munjal is a second generation member of the Munjal Family, who has his origins from Punjab. He spent his childhood in Ludhiana and obtained a degree in mechanical engineering from the National Institute of Technology, Kurukshetra in Haryana.

Career

Dr. Pawan Munjal is one of India’s renowned corporate leaders, championing growth, socio-economic progress, and technological innovations. He is the Chairman & CEO of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters.

Under his leadership, Hero MotoCorp achieved the coveted title of World’s No. 1 two-wheeler company in 2001 and has successfully retained this position for 21 consecutive years. The Company also surpassed the milestone of 100 Million cumulative production and sales in January 2021.

Dr. Munjal has consistently demonstrated visionary leadership to guide Hero MotoCorp, to not just consolidate its leadership status, but also expand its global footprint across multiple continents. Hero MotoCorp currently sells its products in over 42 countries across Asia, Africa, Latin America and the Middle East. The company has eight world-class manufacturing facilities, of which six are located in India and one each in Colombia and Bangladesh.

One of the crown jewels of Hero MotoCorp’s ecosystem is its world-class Centre of Innovation and Technology (CIT) at Jaipur, Rajasthan – a result of Dr. Munjal’s vision to make Hero MotoCorp a globally benchmarked powerhouse of research, design and development. The Company has also set up the Hero Tech Centre Germany GmbH (TCG), near Munich with the objective of building a robust R&D ecosystem that is spread across the globe.

In keeping with the Company's Vision, "Be the Future of Mobility", Dr. Munjal has led Hero MotoCorp to embark on new partnerships with global brands like Harley-Davidson and Gogoro Inc. to develop future-ready and technology-driven mobility solutions.

Hero MotoCorp has rapidly transformed into a true multinational organization, with people from over 10 countries now working in the company. The Company is also championing Diversity & Inclusion and Sustainability initiatives across its global offices. In March 2022, Dr. Munjal unveiled Vida, Powered by Hero, a brand-new identity for emerging mobility solutions, including upcoming Electric Vehicles (EV). He also announced a US$100 Million Global Sustainability Fund with the aim to establish global partnerships with the objective of nurturing more than 10,000 entrepreneurs on ESG solutions that will have a positive impact on the planet.

Dr. Munjal holds executive positions at key Indian industry bodies - Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM).

Awards and Recognitions

1. AIMA JRD Tata Corporate Leadership Award for the Year 2021-22 - 2022 2. Best CEO for 2021 in the auto sector by Institutional Investor - 2021 3. Hall of Fame: Asia’s Most Powerful People in Golf for 2021/22 season - 2021 4. Hockey India, Fédération Internationale de Hockey President’s Award - 2021 5. CNB Visioneer of the Year – 2021 6. Business Leader of the Year at The Economic Times Awards for Corporate Excellence – 2021 7. Inducted into the Asia-Pacific Golf Hall of Fame (First Indian) - 2019 8. Special Achievement Award for Outstanding contribution to Golf in Asia by the Asian Tour – 2019 9. Honorary Degree of Doctor of Science (Honoris Causa) by the esteemed Shri Mata Vaishno Devi University (SMVDU) – 2018 10. Honorary Doctorate by National Institute of Technology (NIT), Kurukshetra - 2018 11. Lakshya Business Visionary Award by National Institute of Industrial Engineering (NITIE) - 2018 12. Lifetime Contribution Award by Indian Golf Industry Association (IGIA) - 2015 13. Leader in Auto (Two-wheelers) by NDTV Profit Business Leadership Awards - 2013 14. Business Leader of the Year by All India Management Association - 2013 15. NDTV Business Innovator of the Year award - 2012 16. Man of the Year in the Indian Automotive Industry by NDTV Profit Car & Bike Awards - 2010 17. Man of the Year by CNBC TV18 Overdrive Awards - 2009 18. Award for Corporate Excellence in Vocation by Rotary International District 3010 – 2009

References

#Hero Motocorp #Pawan Munjal

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jobsearchtips02 · 4 years

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from Job Search Tips https://jobsearchtips.net/unemployed-americans-line-up-as-600-jobless-benefit-expires/

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csrgood · 6 years

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Top Five Sustainability Trends for 2019

Years of research, international observation, working with corporate intrapreneurs and social entrepreneurs around the world – we feel confident looking toward the future!

2019 will be a continuation of trends, growing in momentum. This year will also see the rise of sustainability practices in unexpected places using innovative applications of cutting-edge technologies.

ARTIFICIAL INTELLIGENCE in its many manifestations will assist sustainability efforts by increasing efficiencies – a trend we’ve seen for the past couple of years. Now, entrepreneurs are bringing their technology to market as reported in CSE’s Sustainability (ESG) Reporting Trends: North America 2018. What is brand new (pun intended) is the application of AI to social marketing. AI algorithms can create emotion- and character-based interfaces to gain consumer buy-in and brand loyalty. Creating a persuasive digital persona will draw from positive human characteristics such as ethics, empathy, transparency and social awareness. This AI-driven marketing increasingly will be deployed in social media.

SUSTAINABILITY PROFESSIONALS are leaving home. Sustainability practitioners will be found in and demanded by departments throughout an organization to strengthen organizational culture around sustainability. The legal team, Financial department, ERM (risk management), Procurement, communications, R&D, investor relations – cross-organizational departments will want a sustainability expert among their ranks, working side-by-side, answering questions, leading programs and informing policy throughout the corporate structure. Sustainability practitioners will no longer be relegated to the Sustainability Department, under a Director of Sustainability, outsiders who tap the rest of the company once a year for metrics in pursuit of the increasingly in demand Sustainability Report.

TRANSPORTATION is moving toward greater efficiency using established methods of better scheduling, on-demand delivery, and computer-assisted routing. These are well established trends. What is new is the growing awareness that climate change will change transportation dynamics. The industry is experimenting with significantly low-fuel and even no-fuel options. Elon Musk has a functioning mile of Hyperloop. Adhering to the sustainability principle of transparency, his Hyperloop concept is explicitly open-sourced, encouraging creativity and entry by other players. Jeff Bezos is betting on battery-operated drones for urban delivery – limiting carbon emissions and congestion. Already social entrepreneurs are using congestion to their benefit to promote the use of electric scooters in dense urban settings.

AGRICULTURE is increasingly under scrutiny for health and safety. Blockchain will track products farm-to-table. Local sourcing is growing, as is the demand for fresh products which are organic, biodynamic and/or non-GMO. To accommodate this growing market, there is concern that these farming practices, being taken over by Agribusiness, may actually be contributing more to climate change. If more acres of land must be cleared, even slash and burned, to get non-GMO yields equivalent to 1 acre of “regular” farming, research shows the carbon load is greater for the more natural farming practices. One option is to use existing farmlands, too often being subsumed into suburbia. Another option is the use of halophytes which grow on desert or denuded lands, thrive on salt water and have long root systems which sequester carbon. Increasing yields without the carbon burden of clearing lands will affect the climate change race by carbon sequester and lower dependency on fossil fuels.

CARBON TAX debates will increase as Canada implements its carbon tax (revenue neutral, as are most options debated in the US). Canada’s carbon tax may be high enough to meet climate targets but won’t cover the social cost of carbon. Canada’s move is in part because it is already experiencing climate-related “coastal erosion, thawing permafrost, increases in heat waves, droughts and flooding, and related risks to critical infrastructures and food security,” as noted in its legislation. With the Canadian carbon tax, between 2019 and 2022, gas prices will increase less than 10%, but the cost of coal will double, increasing demand for cheaper carbon-free electricity. The US Paris commitment is to reach 26 -28% below 2005 levels by 2025. Any headway the US makes will not come via a Carbon Tax anytime soon but, at least, both state and federal options are being discussed and legislation proposed.

Nikos Avlonas, President and Founder, Centre for Sustainability and Excellence Rosalinda Sanquiche, Manager, CSE North America

CSE is a leading boutique firm operating globally that specializes in maximizing business impact in Sustainability and Corporate Responsibility. CSE helps professionals advance their careers through our certified on-site, online (www.Sustainability-Academy.org) and group training services globally and supports companies and organizations grow and excel through Sustainability consulting and coaching.

source: http://www.csrwire.com/press_releases/41669-Top-Five-Sustainability-Trends-for-2019?tracking_source=rss

#CSR #corporate social responsibility #social good #philanthropy #employee engagement #workplace givi

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esglatestmarketnews · 2 years

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Electric Scooters Industry ESG Thematic Report, 2023

The environment, social and governance aspects provide a comprehensive picture that helps stakeholders understand how an organization manages its risks in relation to all three criteria. It has been observed from our research that electric scooters are somehow related to environmental, social, and governance issues, with the environment being the major aspect. As the e-scooters run on batteries it helps in reducing emissions and traffic and is more environmentally friendly than cars because they are more sustainable.

Read More @ https://astra.grandviewresearch.com/electric-scooters-industry-esg-outlook

About Astra – ESG Solutions by Grand View Research

Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. - a global market research publishing & management consulting firm.

For more ESG Thematic reports, please visit @ https://astra.grandviewresearch.com/

#Electric Scooters Industry ESG #Electric Scooters Industry #Electric Scooters Market

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jobsearchtips02 · 4 years

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from Job Search Tips https://jobsearchtips.net/thousands-evacuated-as-wildfire-rages-in-southern-california/

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Wirecard and the Curious Case of the Missing $2 Billion

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6/26/2020 9: 24AM

Payment processing company Wirecard was the darling of Germany’s fintech industry until auditors uncovered a $2 billion hole in its accounting. WSJ explains what we know about the missing money, as investigators are still trying to understand what happened. Photo composite: George Downs

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from Job Search Tips https://jobsearchtips.net/wirecard-and-the-curious-case-of-the-missing-2-billion/

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Coronavirus Update: States Prepare for Virus Surge, Fed’s Stress Test

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States take action as the number of coronavirus hospitalizations increases; the Fed’s annual stress test finds U.S. banks are strong enough to withstand the pandemic; India builds a massive facility to treat Covid-19 patients as infections skyrocket in the capital. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Etienne Laurent/Shutterstock

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from Job Search Tips https://jobsearchtips.net/coronavirus-update-states-prepare-for-virus-surge-feds-stress-test/

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Free Speech Under Siege as Hong Kong TV Show Comes to End

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6/25/2020 7: 26AM

Under pressure from China, Hong Kong has been chipping away at the territory’s free speech, which is a key pillar of the city’s identity. WSJ visits the set of “Headliner,” a popular satirical news show to find out how a proposed national security law could change the global hub. Photo/Video: Clément Bürge/WSJ

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from Job Search Tips https://jobsearchtips.net/free-speech-under-siege-as-hong-kong-tv-show-comes-to-end/

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