Unlocking global solutions: The synergy of AI & sustainability
Oil and Gas News|October 2024
The convergence of AI and sustainability presents a powerful opportunity for businesses to lead the way in addressing climate change and other global challenges, Jonathan Ashton, Head of Marketing and Communications, KROHNE, tells OGN
Unlocking global solutions: The synergy of AI & sustainability

IN the evolving landscape of corporate responsibility, sustainability has transitioned from a peripheral concern to a central tenet of business strategy.

As a senior corporate affairs professional with a deep interest in the intersection of artificial intelligence (AI) and sustainability, I have observed firsthand how these two forces are reshaping industries.

Today, we stand at a pivotal moment where AI can be the catalyst for addressing some of the world’s most pressing challenges, including climate change.

This potential is not just theoretical; it is backed by tangible business opportunities and driven by market demand.

However, to unlock these opportunities, corporate leaders must overcome significant barriers particularly around the measurement of sustainability efforts and embrace AI as a strategic tool.

AI: THE ENGINE OF SUSTAINABLE INNOVATION

AI is transforming how businesses operate, offering unprecedented capabilities to enhance efficiency, reduce waste, and optimize resource use.

In the context of sustainability, AI’s ability to analyse vast amounts of data and generate actionable insights is invaluable.

This is especially true in areas such as predictive analytics,where AI can anticipate environmental risks and enable companies to take proactive measures.

Consider, for instance, the role of AI in optimising supply chains. By predicting demand more accurately and adjusting production schedules accordingly, AI can minimise excess inventory and reduce the environmental impact of manufacturing.

Similarly, AI-driven predictive maintenance can extend the lifespan of machinery, lowering the need for new resources and reducing carbon emissions. These innovations are not just good for the planet; they also make sound business sense, leading to cost savings and enhanced competitiveness.

Esta historia es de la edición October 2024 de Oil and Gas News.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición October 2024 de Oil and Gas News.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE OIL AND GAS NEWSVer todo
MAINTCON to drive resilience in asset management
Oil and Gas News

MAINTCON to drive resilience in asset management

THE 7th International Maintenance, Reliability, and Asset Management Conference (MAINTCON 2024), being held from October 13-16 at Exhibition World Bahrain, is set to be a landmark event in the industry.

time-read
1 min  |
October 2024
Honeywell, Samsung E&A to reduce power plant emissions
Oil and Gas News

Honeywell, Samsung E&A to reduce power plant emissions

HONEYWELL and Samsung E&A have announced a joint marketing initiative to reduce carbon emissions in the global power plant sector. The initiative aims to combat climate change and align Honeywell's portfolio with three megatrends, including the energy transition.

time-read
1 min  |
October 2024
New EPIC Flex Orbit System boosts downhole completion
Oil and Gas News

New EPIC Flex Orbit System boosts downhole completion

GEODYNAMICS, a global leader in perforating, downhole completion, intervention, and wireline conveyed solutions, has launched its EPIC Flex Orbit Perforating System.

time-read
1 min  |
October 2024
MHI upgrades its CO2MPACT series
Oil and Gas News

MHI upgrades its CO2MPACT series

MITSUBISHI Heavy Industries (MHI) has renewed its CO2MPACT series, a commercially available decarbonisation solution for various industries.

time-read
1 min  |
October 2024
Viking Completion finishes gas project in Germany
Oil and Gas News

Viking Completion finishes gas project in Germany

VIKING Completion Technology, a leading supplier of well completion equipment and services, has completed a significant gas storage project in Germany.

time-read
1 min  |
October 2024
Sanicro 35 alloy offers strong structural stability
Oil and Gas News

Sanicro 35 alloy offers strong structural stability

ALLEIMA has introduced Sanicro® 35, a super austenitic alloy that bridges the gap between conventional stainless steels and higher-cost nickel alloys.

time-read
1 min  |
October 2024
ROC is advancing energy with Congo LNG
Oil and Gas News

ROC is advancing energy with Congo LNG

THE Republic of the Congo (ROC) is making significant strides in its energy sector, with the successful start-up of its Congo LNG development and Moho Nord field expansion project.

time-read
1 min  |
October 2024
ANPG and Sonangol launch Kwanza Basin campaign
Oil and Gas News

ANPG and Sonangol launch Kwanza Basin campaign

ANGOLA'S National Oil, Gas & Biofuels Agency (ANPG) and national oil company Sonangol have launched a 45-day geological data acquisition campaign in the onshore Kwanza Basin to identify the country's largely unexplored hydrocarbon potential.

time-read
1 min  |
October 2024
Namibia's O&G sector is Africa's next big play
Oil and Gas News

Namibia's O&G sector is Africa's next big play

NAMIBIA, a nation known for its stunning landscapes and abundant wildlife, is rapidly emerging as a top destination for oil and gas exploration and investment.

time-read
1 min  |
October 2024
Fossil fuels revenue loss could cost Africa: Paper
Oil and Gas News

Fossil fuels revenue loss could cost Africa: Paper

IN a recent commentary, Dr Oramah, President and Chair of Afreximbank presented a nuanced view on the urgent need for climate action in Africa while acknowledging the continent's reliance on fossil fuels.

time-read
1 min  |
October 2024