Tag: 3BL

Cummins

Engaging 18 premier B-schools, the competition explores how digital innovation can advance sustainability to reshape traditional business modelsAims to equip students with skills in strategic thinking, sustainability, and practical implementation of technological solutions in business context

PUNE, India /3BL/ – Cummins India Limited (“Cummins India”), one of the leading power solutions technology providers, has launched ‘REDEFINE 2024’, its annual business school (B-school) case study competition. This competition challenges aspiring business leaders to use their strategic, innovative, and analytical skills to address real-world business challenges.

Themed “How Digital Solutions Enable Sustainability in Traditional Businesses?”, this year’s competition encourages participants to leverage digitalization to advance sustainability within traditional sectors. It focuses on how digital solutions can strengthen Environmental Social and Governance (ESG) reporting, identify opportunities for the reduction of Scope 1, 2, and 3 emissions, and improve operational efficiency.

Sharing her views on the competition’s commencement, Anupama Kaul, Human Resources Leader, Cummins India, said, “At Cummins India, we are committed to inspiring and nurturing future leaders to navigate and shape the evolving business landscape. Since its inception, our case study competition has been integral to this goal. As the growing adoption of sustainability and technology reshape our world, it is crucial to harness technology to create a more sustainable environment. REDEFINE 2024 offers an exceptional platform for students to demonstrate how digitalization can drive meaningful change.” 

Subramanian Chidambaran, Director – Corporate Strategy, Cummins India, added, “Through REDEFINE, we aim to empower students to think beyond conventional approaches, encouraging them to explore how technology can transform traditional industries and create a more sustainable future. Innovation thrives on diverse perspectives and collaborative effort. By engaging with tomorrow’s leaders, we aim to gain fresh insights and drive innovative solutions, reflecting Cummins India’s’ commitment to progress and excellence in our industry.”

The competition is open to first and second-year students enrolled in two-year flagship PGP/PGDM/PGDBM/MBA programs from 18 partner B-schools in India. It will culminate in a two-day grand finale at the Cummins India Office Campus in Pune, Maharashtra, on November 14-15, 2024. The winning team will receive a cash prize and an exclusive invitation to join Cummins India’s mentorship program, designed to nurture the next generation of business leaders. In addition to the case study, participants will also engage with Cummins India leadership through multiple interactive sessions.

Last year, REDEFINE attracted a staggering 3,752 students across 938 teams representing 18 of the country’s premier B-schools.

Participating partner B-schools for REDEFINE 2024 are:

Indian Institute of Management, IndoreIndian Institute of Management, KozhikodeIndian Institute of Management, LucknowIndian Institute of Management, MumbaiIndian Institute of Management, RanchiIndian Institute of Management, ShillongIndian Institute of Management, TiruchirappalliIndian Institute of Management, UdaipurIndian Institute of Technology, DelhiIndian School of Business, HyderabadKJ Somaiya Institute of Management, MumbaiManagement Development Institute, GurgaonNarsee Monjee Institute of Management Studies, MumbaiSP Jain Institute of Management and Research, MumbaiSymbiosis Centre for Management and Human Resource Development, PuneSymbiosis Institute of Business Management, PuneXavier Institute of Management, BhubaneshwarXavier School of Management (XLRI), Jamshedpur

Follow Cummins India on LinkedIn, Facebook, Instagram, and YouTube for latest updates and insights.

About Cummins India Limited

Established in 1962 and headquartered in Pune, Cummins India Limited (NSE: CUMMINSIND | BSE: 500480) is one of the leading power solutions providers in the country. As the oldest and the largest entity for Cummins in India, the company is involved in the power generation, aftermarket, and export businesses. The company has a strong manufacturing backbone and boasts six state-of-the-art manufacturing plants, assembly, and distribution facilities. With over 480 customer touchpoints, the company is committed to powering the success of its customers and ensuring that its services and solutions are readily accessible. The company has over 3,000 employees who contribute their expertise and commitment to ensuring Cummins India delivers on its mission of “making people’s lives better by powering a more prosperous world”.

In our latest Board series, Lena Staafgard, Chief Operating Officer, Better Cotton, and long-time Cascale board member, shares her vision for driving global system transformation through cotton and discusses the challenges, lessons, and opportunities in creating real, lasting change. From fostering multi-stakeholder collaboration to scaling sustainable practices, Staafgard offers valuable insights on the need for greater connectivity between Cascale members and fibers like cotton.

Read her full blog post, titled, Lena Staafgard on System Transformation through Cotton Sustainability.

In our latest Board series, Lena Staafgard, Chief Operating Officer, Better Cotton, and long-time Cascale board member, shares her vision for driving global system transformation through cotton and discusses the challenges, lessons, and opportunities in creating real, lasting change. From fostering multi-stakeholder collaboration to scaling sustainable practices, Staafgard offers valuable insights on the need for greater connectivity between Cascale members and fibers like cotton.

Read her full blog post, titled, Lena Staafgard on System Transformation through Cotton Sustainability.

In our latest Board series, Lena Staafgard, Chief Operating Officer, Better Cotton, and long-time Cascale board member, shares her vision for driving global system transformation through cotton and discusses the challenges, lessons, and opportunities in creating real, lasting change. From fostering multi-stakeholder collaboration to scaling sustainable practices, Staafgard offers valuable insights on the need for greater connectivity between Cascale members and fibers like cotton.

Read her full blog post, titled, Lena Staafgard on System Transformation through Cotton Sustainability.

By Ken Washington, Chief Technology and Innovation Officer, and Raman Venkatesh, Chief Sustainability Officer, Medtronic 

When you think about healthcare technology, you may imagine the pacemaker assisting your dad’s ailing heart, the sutures your child received after a bike accident, or the pulse oximeter placed on your finger during your annual physical exam. You probably don’t think about the energy or resources required to manufacture those products, nor the resulting emissions and waste.

Most discussions about healthcare are, understandably and rightfully, centered on its ability to restore health and save lives; rarely do we talk about its environmental impact. Yet, the healthcare sector is responsible for approximately 4.6% of global greenhouse gas emissions—the equivalent of 514 coal-fired power plants annually, with medical devices and technology among the drivers. And in the U.S., healthcare is the second largest contributor to landfill waste.

It’s time to get real about the reality that human health is linked to the health of the planet. We can’t be committed to one without also being committed to the other.

The same force that revolutionizes patient care holds the key to creating a more sustainable industry: innovation. Both of us have seen how approaching innovation, with a deliberate focus on sustainability, is better for people, the planet, and profits. Consider the automotive industry where many innovations have made electric vehicles more enjoyable to own and drive, while also providing a cleaner transportation solution. And healthcare, where virtual visits that arose as a necessity during the pandemic, are showing a positive impact on the environment, while also making care more convenient and accessible.

So, how else can health tech make health better for you and the planet? Here are three not-so-simple ways:

Recognize good things take time

We know developing new healthcare technology requires patience and a substantial initial investment before we see long-term success. We need to apply this same mindset to sustainable technology.

Some companies stick with existing solutions because new sustainable technologies are expensive or aren’t ready for wide-scale adoption. That’s why pilot projects are crucial stepping stones to broader implementation by giving sustainable technology the time it needs to mature and prove its effectiveness. Successful pilot projects often inspire a scalable roadmap for long-term cost efficiency.

At the same time, we need to balance short-term financial pressures with long-term environmental goals. That means adopting a future-oriented view, recognizing today’s technology will only get better and become more accessible and affordable over time.

For example, innovations in solar panels over the past decade have made them significantly more cost-effective as a sustainable energy source. This has allowed Medtronic to install 22 solar arrays across 16 locations, generating more than 35 MWs of power—enough to power more than 22,000 homes. And we recently signed a virtual power purchase agreement which adds renewable energy at a scale equivalent to nearly all our U.S. energy needs.

Companies that make these strategic investments today, with the same patience and investment they apply to product development, are setting themselves up for greater growth and profits down the line.

Reimagine products and packaging

Sustainable product and packaging design are some of our industry’s most complex challenges due to strict regulatory requirements that restrict circular design solutions.

Companies can begin reducing resource use and waste with takeback programs, recycling product components and transitioning to digital instructions for use. But the goal isn’t just to reduce waste—it’s to create products that maintain the highest standards of patient care while contributing to a circular economy.

To do that, we need to design products and packaging with their end-of-life journey in mind, whether that’s reprocessing, recycling, or biodegradation. It’s important to remember there are many ways to reach sustainability goals and although reprocessing is becoming more common practice, sometimes single use devices can be the right option, especially if reprocessing increases risk to patient safety.

It is the conscious actions at the beginning that count a lot—for example, designing for sustainability before the first prototype is even developed. Industry leaders are dedicating R&D teams to spot opportunities for circular solutions within products’ lifecycles, like the Sustainability Development Center at Medtronic. (Learn more in our latest Impact Report.)

Recruit partners 

No one can solve our industry’s environmental challenges alone. It requires collaboration across the healthcare ecosystem.

This starts with our supply chains, given that Scope 3 emissions typically account for over 90% of a healthcare technology company’s carbon footprint, including at Medtronic. Engaging suppliers, logistic partners, employees and customers will not only help address emissions, but it will also build resilience against future risks that threaten supply chain stability.

We also need to think beyond our own value chain and look to others in the industry, academia, civil society, and government to develop breakthrough solutions and new enabling policies and incentive frameworks. For example, the Dutch government’s ESCH-R: Creating Circular Hospitals Together program is helping address critical circularity gaps in healthcare with sponsorship from industry partners (including Medtronic). Collaborative approaches like this are key to building the infrastructure, developing the technologies, and creating the standards needed for a collective impact.

The transformation to sustainable healthcare won’t happen overnight, but momentum is building, and it will grow because it is good for business and good for the planet. Together, we can create a healthcare technology industry that heals not only people but also the planet we all share.

After all, the healthiest future is one where innovation and sustainability are inseparable.

Case IH, a CNH brand, officially presented the new “Axial-Flow” 160 Series of combines, produced at the Ferreyra plant, Córdoba.

Designed to increase productivity, comfort and ease of use, the machines have the ability to obtain a high-quality grain, with a consistent and efficient harvest for all levels of operators, achieving maximum profitability and higher yield.

The 5160, 6160 and 7160 combines received the biggest upgrade to the Case IH combine range. Under the concept of harvest automation, the Artificial Intelligence system of the “Axial-Flow” Series 250 is now available in the Series 160.

With this technology and, depending on the needs of the producer or the particularities of the fields to be worked, automation processes can be divided into four harvesting strategies: grain quality, maximum yield, fixed yield or balanced yield. This is possible thanks to 12 sensors that collect the data from the industrial system and then self-regulate, finding the exact working point for each situation and automatically controlling 90% of the operations with up to 1,800 daily interventions on the machine during the harvesting operation.

The Axial-Flow 160 Series combines can achieve a 10% increase in operational efficiency, as well as save up to 11% on fuel, making it more sustainable. This is possible thanks to automation, which optimises the use of engine load, and the new electronic transmission system, which makes changing the machine’s gears more efficient, allowing the operator to reach all harvesting speeds without the need for manual gear changes.

Originally published in FairPlanet.

During my five years on the front lines of humanitarian assistance in Lebanon, I have witnessed the country grapple with near-constant stress – hunger, poverty, economic downturn and disease have repeatedly brought the region to its knees. Lebanon is barely back on its feet before being knocked down again.

But previous crises pale compared to the scale of violence in the last few weeks. We are enduring the most intense and deadliest exchange of fire since the 2006 armed conflict between Israel and Hezbollah. Lebanon’s 558 casualties on 23 September alone represent half the total number of deaths experienced in the entire 2006 conflict.

Action Against Hunger and the other humanitarian organizations that remain in the country continue to provide on-the-ground support while struggling to keep up with the increasing level of need.

Read more in FairPlanet. 

About Action Against Hunger

Action Against Hunger leads the global movement to end hunger. We innovate solutions, advocate for change, and reach 21 million people every year with proven hunger prevention and treatment programs. As a nonprofit that works across 59 countries, our 8,900 dedicated staff members partner with communities to address the root causes of hunger, including climate change, conflict, inequity, and emergencies. We strive to create a world free from hunger, for everyone, for good.

NEWARK, Del., November 14, 2024 /3BL/ – Delmarva Power and Delaware Nature Society announced the 2024 Sustainable Community Grants winners, providing $40,000 in funding for projects focused on reforestation, sustainable transportation, affordable housing, and composting programs. As part of their united dedication to creating sustainable communities across the region, these grants will enhance community resiliency and expand residents’ access to open spaces

“Our communities are at the core of what we do, and investments like these allow us to support both our people and our planet,” said Phil Vavala, Delmarva Power Region President. “With these grants, they can build on their important work, including initiatives to provide cleaner transportation options, improve habitats for wildlife, and promote education around sustainable living – efforts that will significantly benefit our region and its residents for years to come.”

Over the last four years, Delmarva Power’s Sustainable Communities Grant Program has provided more than $235,000 in funding for open space and resiliency efforts across Delaware and Maryland.

“These small grants pack a big punch,” says Jennifer Adkins of the Delaware Nature Society, “Each one provides critical resources for a project that provides cleaner water, air, habitat, or energy locally; together they make Delaware and the region healthier today, and more resilient to the negative impacts of climate change in the future.”

This year, Delmarva Power and Delaware Nature Society awarded grants to the following organizations:

Delaware Wild Lands, Inc. ($10,000): Over the next year, Delaware Wild Lands (DWL) and volunteers will restore 3.2 acres of forest and meadow at DWL’s Roberts Farm. Complementary work will include the planning and installing of an interpretive trail open to the public, and the construction of a terrace/viewing platform where public events and educational activities will be hosted, fostering a new generation of environmentalists and expanding the impact of DWL’s missPlastic Free Delaware, Inc. ($5,000): This project will provide infrastructure and education to four organizations so their community garden members can produce and use high quality compost developed onsite. They will focus on providing resources to community gardens primarily located within areas highlighted on the EPA’s IRA Disadvantaged Communities Map, ensuring the community gardens that have the greatest need get the resources necessary to effectively turn their garden residuals into finished, quality compost that will improve their soil.Milford Housing Development Corporation ($10,000): Energy efficiency is one of the easiest and most cost-effective ways to combat climate change, reduce energy costs for consumers, and improve the competitiveness of U.S. businesses. Energy efficiency is also a vital component in achieving net-zero emissions of carbon dioxide through decarbonization. A Go Green Lawn Equipment package will be given to new homeowners to help curb carbon emissions and reduce noise pollution. The package will consist of either an EGO Power Mower or a package of lawn EGO lawn equipment including a weed trimer, leaf blower and hedger.Urban Bike Project of Wilmington, Inc. ($10,000): The Urban Bike Project seeks to build community resilience through improved access to sustainable transportation, such as walking and biking, which builds economic resilience by connecting residents with jobs, resources, and opportunities. It also builds environmental resilience by reducing the demand for nonpermeable surface parking lots, reducing carbon emissions and other air pollutants, and reducing run-off pollutants into local water sources.Whitehall Community Garden Association ($5,000): The Whitehall Community Garden Association is using land next to the Lorewood Grove Elementary School to build a combined community and school garden through collaboration with the school, the neighborhood, and several established Delaware garden organizations. The garden will serve many purposes centering on health, nutrition, education, and community engagement.

These grants are a key component of Delmarva Power’s long-term commitment to supporting Delaware and Maryland in reaching their clean energy and climate goals. As part of this commitment, Delmarva Power is actively working to reduce its greenhouse gas footprint while offering innovative solutions to empower customers and communities to reduce their emissions. The effort supports the broader Path to Clean goal of its parent company, Exelon, to reduce its operations-driven emissions by 50 percent by 2030 and achieve net-zero operations by 2050.

To learn more about Delmarva Power, visit The Source, Delmarva Power’s online newsroom. Find additional information by visiting delmarva.com, on Facebook at facebook.com/DelmarvaPower and on X, formerly known as Twitter, at twitter.com/DelmarvaConnect. Delmarva Power’s mobile app is available at delmarva.com/MobileApp.

Delmarva Power is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation’s largest utility company, serving more than 10 million customers. Delmarva Power provides safe and reliable energy service to approximately 561,500 electric customers in Delaware and Maryland and approximately 140,000 natural gas customers in northern Delaware.

About Delaware Nature Society:

Delaware Nature Society’s (DelNature) mission is to connect people and nature to create a healthy environment through education, advocacy, and conservation. Founded in 1964, DelNature is a state affiliate of the National Wildlife Federation. They provide the tools for communities to take action and promote the environment’s health through land preservation, wildlife protection, watershed stewardship, and more. They manage over 2,000 acres of land and operate four educational sites: Ashland Nature Center, Abbott’s Mill Nature Center, DuPont Environmental Education Center, and Coverdale Farm Preserve.

NEWARK, Del., November 14, 2024 /3BL/ – Delmarva Power and Delaware Nature Society announced the 2024 Sustainable Community Grants winners, providing $40,000 in funding for projects focused on reforestation, sustainable transportation, affordable housing, and composting programs. As part of their united dedication to creating sustainable communities across the region, these grants will enhance community resiliency and expand residents’ access to open spaces

“Our communities are at the core of what we do, and investments like these allow us to support both our people and our planet,” said Phil Vavala, Delmarva Power Region President. “With these grants, they can build on their important work, including initiatives to provide cleaner transportation options, improve habitats for wildlife, and promote education around sustainable living – efforts that will significantly benefit our region and its residents for years to come.”

Over the last four years, Delmarva Power’s Sustainable Communities Grant Program has provided more than $235,000 in funding for open space and resiliency efforts across Delaware and Maryland.

“These small grants pack a big punch,” says Jennifer Adkins of the Delaware Nature Society, “Each one provides critical resources for a project that provides cleaner water, air, habitat, or energy locally; together they make Delaware and the region healthier today, and more resilient to the negative impacts of climate change in the future.”

This year, Delmarva Power and Delaware Nature Society awarded grants to the following organizations:

Delaware Wild Lands, Inc. ($10,000): Over the next year, Delaware Wild Lands (DWL) and volunteers will restore 3.2 acres of forest and meadow at DWL’s Roberts Farm. Complementary work will include the planning and installing of an interpretive trail open to the public, and the construction of a terrace/viewing platform where public events and educational activities will be hosted, fostering a new generation of environmentalists and expanding the impact of DWL’s missPlastic Free Delaware, Inc. ($5,000): This project will provide infrastructure and education to four organizations so their community garden members can produce and use high quality compost developed onsite. They will focus on providing resources to community gardens primarily located within areas highlighted on the EPA’s IRA Disadvantaged Communities Map, ensuring the community gardens that have the greatest need get the resources necessary to effectively turn their garden residuals into finished, quality compost that will improve their soil.Milford Housing Development Corporation ($10,000): Energy efficiency is one of the easiest and most cost-effective ways to combat climate change, reduce energy costs for consumers, and improve the competitiveness of U.S. businesses. Energy efficiency is also a vital component in achieving net-zero emissions of carbon dioxide through decarbonization. A Go Green Lawn Equipment package will be given to new homeowners to help curb carbon emissions and reduce noise pollution. The package will consist of either an EGO Power Mower or a package of lawn EGO lawn equipment including a weed trimer, leaf blower and hedger.Urban Bike Project of Wilmington, Inc. ($10,000): The Urban Bike Project seeks to build community resilience through improved access to sustainable transportation, such as walking and biking, which builds economic resilience by connecting residents with jobs, resources, and opportunities. It also builds environmental resilience by reducing the demand for nonpermeable surface parking lots, reducing carbon emissions and other air pollutants, and reducing run-off pollutants into local water sources.Whitehall Community Garden Association ($5,000): The Whitehall Community Garden Association is using land next to the Lorewood Grove Elementary School to build a combined community and school garden through collaboration with the school, the neighborhood, and several established Delaware garden organizations. The garden will serve many purposes centering on health, nutrition, education, and community engagement.

These grants are a key component of Delmarva Power’s long-term commitment to supporting Delaware and Maryland in reaching their clean energy and climate goals. As part of this commitment, Delmarva Power is actively working to reduce its greenhouse gas footprint while offering innovative solutions to empower customers and communities to reduce their emissions. The effort supports the broader Path to Clean goal of its parent company, Exelon, to reduce its operations-driven emissions by 50 percent by 2030 and achieve net-zero operations by 2050.

To learn more about Delmarva Power, visit The Source, Delmarva Power’s online newsroom. Find additional information by visiting delmarva.com, on Facebook at facebook.com/DelmarvaPower and on X, formerly known as Twitter, at twitter.com/DelmarvaConnect. Delmarva Power’s mobile app is available at delmarva.com/MobileApp.

Delmarva Power is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation’s largest utility company, serving more than 10 million customers. Delmarva Power provides safe and reliable energy service to approximately 561,500 electric customers in Delaware and Maryland and approximately 140,000 natural gas customers in northern Delaware.

About Delaware Nature Society:

Delaware Nature Society’s (DelNature) mission is to connect people and nature to create a healthy environment through education, advocacy, and conservation. Founded in 1964, DelNature is a state affiliate of the National Wildlife Federation. They provide the tools for communities to take action and promote the environment’s health through land preservation, wildlife protection, watershed stewardship, and more. They manage over 2,000 acres of land and operate four educational sites: Ashland Nature Center, Abbott’s Mill Nature Center, DuPont Environmental Education Center, and Coverdale Farm Preserve.

Albertsons Companies’ Shaw’s Division recently hosted an inspiring Hackathon to brainstorm actionable solutions for local nonprofits facing funding and capacity challenges. As part of the event, members of the Shaw’s Division joined forces with local nonprofit partners including End Hunger New England, Jeremiah’s Inn, Boys & Girls Club of Metro South, Mansfield, MA Food Pantry: Our Daily Bread and The YMCA of Cape Cod.

The event demonstrated a collective commitment to ensuring that everyone in the community has access to nourishing food every day.

See original post on LinkedIn and read more about Albertsons Companies and our Recipe for Change on our website.