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Leveraging Global Momentum for Sustainability Reporting and Impact

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11 Dec, 2023

This post was originally published on Green Biz

Source: Green Biz

Date/Time: December 14, 2023 (12-1PM ET / 9-10AM PT)

Global regulatory requirements such as CSRD, California’s SB-253 & SB-261, and pending SEC climate rules are fast-tracking the need for trusted ESG reporting. With various timelines, requirements, necessary preparations  all eyes on sustainability and more, organizations are tasked with making sense of these regulatory complexities.

Join KPMG LLP (KPMG) and Workiva ESG leaders as they examine the significant impacts of these regulations while detailing key insights and innovative solutions for tackling these business challenges. They will discuss the importance of double materiality assessments, stakeholder engagement, how to prepare for regulatory reporting requirements, and their recommendations for disclosing ESG financial risks, impacts and opportunities. You’ll leave this webinar understanding various use-cases and insights for how your team can prepare for 2024 with critical sustainability strategies. 

Learning Objectives:

Define the current challenges ESG data aggregation and curation are causing financial, risk, and ESG teams
Understand various steps and implications for regulatory compliance: Double materiality assessments, material topics and relevant impacts, risks and opportunities
Understand how innovations like automation and generative AI are driving sustainability and financial transformation
Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

Moderator:

Nethra Rajendran, Sustainability, Manager, GreenBiz
Speakers:

Mandi McReynolds – Head of Global ESG, Workiva
Marcus Leach, Advisory Managing Director, KPMG
If you can’t tune in live, please register and we will email you a link to access the webcast recording and resources, available to you on-demand after the live webcast.

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ABB has gained Environmental Product Declaration (EPD) status for its Gearless Mill Drive (GMD) ring motor — technology used to drive large grinding mills in the mining industry.

An EPD is a standardised document that provides detailed information about the environmental impact of a product throughout its life cycle. Based on a comprehensive Life Cycle Assessment (LCA) study, the EPD highlights ABB’s commitment to transparency, environmental responsibility and supporting customers in making informed decisions on sustainability in their supply chains.

ABB analysed the environmental impact of a ring motor across its entire life cycle from supply chain and production to usage and end-of-life disposal. The study was conducted for a ring motor of a semi-autogenous grinding (SAG) mill with an installed power of 24 MW and was based on a reference service life of 25 years.

“Sustainability is at the core of our purpose at ABB, influencing how we operate and innovate for customers,” said Andrea Quinta, Sustainability Specialist at ABB. “By earning the Environmental Product Declaration for our ring motor, we emphasise our environmental stewardship and industry leadership for this technology. We adhered to the highest standards throughout this process, as we do in the ABB Ring Motor factory every day. This recognition highlights to the mining industry what they are bringing into their own operations when they work with ABB.”

The comprehensive LCA was conducted at ABB’s factory in Bilbao, Spain, and was externally verified and published in accordance with international standards ISO 14025 and ISO 14040/14044. It will remain valid for five years.

The ring motor, a key component of the GMD, is a drive system without any gears where the transmission of the torque between the motor and the mill is done through the magnetic field in the air gap between the motor stator and the motor rotor. It optimises grinding applications in the minerals and mining industries by enabling variable-speed operation, leading to energy and cost savings.

The full EPD for the ABB GMD Ring Motor can be viewed on EPD International.

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