Author: omc_admin

Major Emissions Reduction: Microsoft’s long-term deal with Sublime Systems will help cut emissions from its global construction operations, including datacenters and office buildings. Market Signal for Clean Cement: The agreement enables Sublime to accelerate scale-up, positioning its “true-zero” cement as a competitive, bankable solution. New Model for Clean Materials: Microsoft pioneers an EAC-based model to decouple environmental benefits from physical cement, overcoming geographic and supply chain barriers. Microsoft has entered into a landmark agreement to purchase up to 622,500 metric tons of low-carbon cement from Sublime Systems over the next six to nine years, marking a pivotal step toward decarbonizing…

Crude prices appear to be consolidating around the $65 per barrel level as markets await the upcoming OPEC+ meeting, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil report sent to Rigzone by the SEB team on Tuesday. “We expect the group to finalize its July output plans, driven by the eight key producers known as the ‘Voluntary Eight’, on May 31st, one day ahead of the original schedule,” Hvalbye stated in the report. “We assign a high probability to another sizeable output increase of 411,000 barrels per day. However, this potential hike…

If you’ve ever felt confused by the terms 3PL, 4PL, and 5PL, you’re not alone. These labels get tossed around a lot, but many people, even those working in supply chain, don’t fully understand what separates one from the other. Here’s a simple breakdown of what each one means and how they’re used in the real world. What Is a 3PL? What’s RelatedA Third-Party Logistics provider (3PL) is a company that helps other businesses move, store, and deliver their products. Real-life example: FitFlop, a global footwear brand, partners with a third-party logistics provider to expand its presence in the U.S.…

The European Ombudsman has launched a formal inquiry into the European Commission’s decision to ease sustainability laws without public consultation. Civil society groups allege the Commission consulted only industry lobbyists in private, raising transparency and governance concerns. The investigation could delay or reshape the EU’s proposed regulatory relief for thousands of businesses. The European Union’s Ombudswoman has opened an inquiry into the European Commission’s recent proposal to relax corporate sustainability rules—following accusations that the process lacked transparency and excluded public consultation. In February, the Commission unveiled its “simplification omnibus” plan to scale back sustainability obligations for companies. The proposal would…

President Donald Trump has signed executive orders to grow nuclear power generation and advance nuclear innovation in the United States. “After decades of stagnation and shuttered reactors, President Trump is providing a path forward for nuclear innovation”, the Department of Energy (DOE) said in an online statement. “Today’s executive orders allow for reactor design testing at the Department of Energy’s National Labs, clear the way for construction on federal lands to protect national and economic security, and remove regulatory barriers by requiring the Nuclear Regulatory Commission to issue timely licensing decisions”. Michael Kratsios, director of the White House Office of…

Italy’s industry needs an urgent plan from the government to help reduce the high energy costs, which are higher than in other European countries, the president of the Italian business lobby, Confindustria, said on Tuesday.“Our companies continue to incur energy costs that are more than 35% higher than the European average, and even 80% compared to some major industrialized European nations,” Emanuele Orsini said at Confindustria’s annual meeting.High energy costs are weighing on Italy’s competitiveness, Orsini added.Major economies in Western Europe – Germany, France, the Netherlands, Spain, and Italy, have seen a surge in energy costs over the past three…

Starbucks announced the launch of a new version of its flagship takeaway white cup in Europe, replacing the cup’s plastic lining and plastic lids with new materials, allowing the cup to be home compostable and recyclable. The rollout of the cup begins this month in 10 European countries, and is set to come to the UK and Ireland later this year, Starbucks said. The new cup solves the challenges related to the sustainable disposal of current cups, which feature a plastic lining that needs to be separated from the rest of the cup before it can be recycled or composted.…

Radisson’s first Verified Net Zero hotel opens in Manchester, aligning with 2040 Net Zero goals today. The hotel operates on 100% renewable energy, uses low-carbon menus, and follows a zero-landfill waste strategy. Part of a broader commitment by Radisson Hotel Group to reshape hospitality through carbon-conscious operations. Radisson Hotel Group has opened Radisson Hotel Manchester City Centre, marking the brand’s first-ever Verified Net Zero property and the first Radisson-branded hotel in Manchester. Positioned next to the AO Arena and Manchester Victoria Station, the hotel offers a central, sustainable hospitality experience aimed at modern business and leisure travelers. “To introduce the…

Japan’s Nippon Steel is expected to close its acquisition of U.S. Steel for $55 per share, sources familiar with the matter told CNBC’s David Faber.President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.” Trump said Nippon will invest $14 billion over the next 14 months. U.S. Steel’s headquarters will remain in Pittsburgh, the president said.U.S. Steel gained about 2% on Tuesday to close at $53.04 per share. The stock rose more than 20% Friday on the back of Trump’s announcement. The $55 per share bid for U.S. Steel is the offer…

AI-Driven Shift: Launching a category-defining, agentic AI ecosystem to automate and optimize sustainability and energy operations. Strategic Leadership: Appointment of Julien Picaud to lead product innovation, integrating AI with sustainability platforms and recent EcoAct capabilities. Responsible Innovation: Focus on frugal AI to balance high-performance with energy-efficient, cost-effective infrastructure. Schneider Electric is reshaping the future of sustainability and energy management with the launch of a multi-year initiative to build a category-defining, agentic AI ecosystem. Designed to operate autonomously or in sync with consultants and clients, this next-gen platform leverages artificial intelligence to deliver intelligent, automated decision-making at scale. “Our vision is…