Oracle Cloud Service enables banks to manage climate change risk across portfolios

Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions.

To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service. With built-in AI, the new reporting and analytics solution is designed to help financial institutions understand financed emissions, address statutory compliance,...

Hackathon bridges data gaps on climate change and migration

The International Organization for Migration (IOM) has hosted the first hackathon on 'Bridging Climate Change and Human Mobility', in collaboration with the data cloud company Snowflake, to provide insights on the intersection of environmental factors with migration management and policymaking in the East and Horn of Africa (EHoA).

The two-part hackathon brought together participants in London (October 6-7) and Nairobi (October 23-26) to explore data-driven solutions and improve...

UK government advises firms to use cloud to reduce carbon emissions

CO2 Pollution

UK businesses are being told to accelerate cloud adoption in an upscaled effort to tackle climate change, the UK government’s Department for Business, Energy and Industrial Strategy (BEIS) has advised.

The recommendation is part of a series of steps that businesses are being told to consider to help curb their carbon emissions by making changes to their technological habits.

This in turn is part of a wider push by the government to encourage businesses to get behind...