IAA Weekly Sustainability Report – [29.01.24]

IAA Weekly Sustainability Report – [29.01.24]

The latest developments and news on sustainability


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Emerson’s New Eco-Friendly Electric Valve Actuator Ensures Accurate Process Control in Adverse Conditions

 Self-calibrating Fisher easy-Drive 200R actuator is a more reliable and sustainable alternative to gas-operated actuators.

Emerson has introduced the Fisher easy-Drive 200R Electric Actuator for use on Fisher butterfly and ball valves. When paired with these valves, the new actuator performs accurately and reliably under the extreme conditions found in many heavy industries, particularly oil and gas installations in cold remote locations. These actuator/valve assemblies increase uptime, improve performance, and reduce the risk of emissions posed by gas-operated systems locations.

Many pneumatic valve actuators installed in remote locations are operated using natural gas, but this technology releases atmospheric emissions every time the valve is actuated. Electric actuators address this issue by eliminating control-related emissions, but existing solutions have limitations, each of which is addressed by the 200R actuator.

  • Easy installation & calibration: The 200R calibrates itself when a user simply clicks one button using the easy-Drive Configurator Software, provided free of charge with the actuator.
  • Low energy usage: Operates on 11 to 30 VDC power and consumes less than 0.4 watts when in the holding position mode, making it suitable for use in applications without available utility power.
  • Low temperature operation: Operates in temperatures as low as -40°C (-40°F), eliminating the need for a space heater in all but the most extreme temperature applications.
  • Loss of power positioning: In the case of loss of power, the actuator can be driven to the user-defined position using its optional RPU-100 reserve power unit.
  • Remote monitoring & configuration: Real-time monitoring of position, movements, cycles, travel time to position, and power loss available via a Modbus RTU serial interface.

The 200R is an extension of the easy-Drive actuator portfolio, which also includes actuator options for both globe and rotary valves. To learn more, please visit emerson.com/fisher200r.

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Singapore Manufacturing Federation launches decarbonisation programme to help SMEs attract businesses with sustainability reporting requirements

Launched at SMF’s inaugural Manufacturing Day Summit 2024, the Chief Sustainability Officer (CSO)- as-a-Service programme will help manufacturers assess their sustainability position, prioritise improvements with the most significant impact, develop an actionable roadmap and submit data, including greenhouse gas emissions (GHG Scope 1 and 2) to Gprnt.ai, an integrated environmental, social and governance (ESG) data platform launched by the Monetary Authority of Singapore (MAS) to generate internationally-compliant reports.

The manufacturing sector is Singapore’s most significant driver of nominal GDP (21.6%) 1 , and companies need to start reporting emission numbers or risk losing out to competitors, as many of them are suppliers for international partners who will soon need to submit reports about the carbon footprint of their supply chain.

The Singapore Manufacturing Federation’s (SMF) CSO-as-a-Service (CSOaaS) programme developed to help local manufacturers take their first steps towards reducing carbon emissions and prepare them to support the sustainability reporting efforts of their partners who need to disclose carbon emissions of their supply chain, was launched today at the inaugural SMF Manufacturing Day Summit 2024.

As the largest national organisation representing the interests of manufacturing organisations, SMF is working closely with members to address challenges SME manufacturers face on their sustainability journey. Many of them cannot afford to hire dedicated staff to plan and oversee sustainability initiatives due to limited resources and, as a result, are unsure about where to begin.

The CSOaaS programme, which will adapt from the Green Compass for the local manufacturing sector, will handhold SMEs through their sustainability transformation, assessing their sustainability gaps and prioritising improvements based on financial and strategic impacts. The Green Compass was first developed by A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech), TÜV SÜD and JTC, and has been highly subscribed to date. SMF-appointed Sustainability Consultants attached to the companies will translate the findings into actionable decarbonisation roadmaps to reduce carbon emissions. Upon implementation, the Sustainability Consultants will also help companies submit the relevant data, which includes greenhouse gas emissions (GHG Scope 1 and 2)2, to Gprnt.ai.

The CSOaaS programme uses Gprnt.ai, the Monetary Authority of Singapore’s (MAS) environmental, social and governance (ESG) data platform3 to simplify the sustainability reporting process. Importantly, Gprnt.ai aligns with international reporting standards like the International Sustainability Standards Board (ISSB) and Corporate Sustainability Reporting Directive (CSRD), ensuring global compliance and recognition.

Mr Lennon Tan, President of the Singapore Manufacturing Federation, said, “SMF is at the forefront of leading local manufacturers into the next industrial era — Industry 5.0. We work with partners to keep a pulse on shifting trends so that we can help our members navigate a fast-paced global market. CSOaaS, the AMTA Playbook, and the n AlAPAC Greeliance (APAC-GA) are key initiatives driving this larger vision. With CSOaaS, our goal is to help strengthen the resilience of Singapore’s manufacturing industry, which will, in turn, drive tomorrow’s innovations.”

SMF is also proud to be a founding member of the APAC-GA alongside the Singapore Business Federation (SBF), the Institute of Singapore Chartered Accountants (ISCA), Confederation of Asia- Pacific Chambers of Commerce and Industry (CACCI), and the China Council for Promotion of International Trade (CCPIT). SMF will play an active role in advocating and promoting Green Excellence for both Manufacturing (GEM) and Non-manufacturing SMEs (Green Excellence in Business, GEB), future-proofing small businesses through capability development, standards development, tools (e.g. carbon accounting, sustainability reporting, etc.), advisory support and forging industry recognition. The objective is to collectively strive towards a net-zero goal and be future ready for Industry 5.0.

APAC-GA will also assess the post-implementation progress of the companies that undergo the CSOaaS programme and confer a Green Excellence for Manufacturing (GEM) Mark4 according to their progress.

The APAC-GA is also joined by Knowledge Partner, A*STAR to support standards development and share industry best practices.

Why was CSOaaS developed?

The launch of the CSOaaS programme was prompted by looming deadlines for sustainability compliance worldwide and the need to support local manufacturing companies needing help to do so. In Singapore, listed companies start reporting from 2025, while large non-listed companies start from 2027. These companies must also report their supply chain’s carbon footprint, including emissions from SMEs.

Although non-listed SMEs are not required to report their carbon footprint, if they are suppliers to companies, local or international, obligated to comply, they risk losing that business. As such, SMEs are particularly vulnerable.

According to a 2023 survey5 of 115 manufacturing companies, of which 82% are SMEs, only 21% report on sustainability, while 45% have no plans to do so within the next one to three years.

Another study6 of primarily SMEs indicates that the lack of expertise is a sizeable problem, with 34% of companies finding it challenging without an ESG specialist, 31% struggling to understand reporting standards, and 29% lacking technical know-how to plan and execute. Only 37% have a clear roadmap, and 72% need to hire skilled talents to run ESG projects.

Having well-documented ESG metrics makes working with MNCs and other large corporations easier and will open doors to green loans and grants, which can be instrumental in spurring growth.

A spokesperson for XCEL said, “SMF CSOaaS helps us to develop new methodologies and framework with collective data for analysis, which strengthen our business strategy and continuity plans towards a more sustainable entity.”

Information on APAC-GA and CSOaaS

The Trade Association and Chamber (TAC) members of the APAC-GA are responsible for

  1. promoting the GEM/GEB Mark along with its associated tasks;
  2. advisory support/ consultancy to help companies embark on sustainability transformation;
  3. training of certified consultants and auditors.

The CSOaaS programme fee is between S$10,000 to $30,000 depending on the scope, and companies may tap into the following funding support:

Mentorship Support Grant (70-90%), through:

  • Singapore Polytechnic – Centre for Environmental Sustainability and Energy Efficiency

Career Conversion Programme (CCP), a company who applies for CSOaaS may also tap on the CCP to have an existing or new staff undergo the on-the-job training to become a Sustainability Lead / Facilitator in the future for their company, through:

  • SMF-CCL
  • Nanyang Polytechnic

1 https://www.singstat.gov.sg/modules/infographics/economy

2 SMEs are not required to report GHG emissions (Scope 1 and 2). However, the companies SMEs supply to (who need to comply with reporting) require this information to fulfil Scope 3.

3 https://www.mas.gov.sg/news/media-releases/2023/mas-launches-digital-platform-for-seamless-esg-data- collection-and-access

4 Companies that underwent CSOaaS and implemented their strategies will be evaluated and awarded a GEM Mark Gold, Silver or Bronze according to their progress.

5 https://isca.org.sg/resource-library/sustainability/sustainability-transformation

6 https://sponsored.bloomberg.com/immersive/dbs/catalysts-of-sustainability

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LoRa Alliance Issues 2023 Annual Report Highlighting LoRaWAN Maturity, Robust Adoption, and Diversity of End-to-End Solutions

The LoRa Alliance, the global association of companies backing the open LoRaWAN standard for the internet of things (IoT) low-power wide-area networks (LPWANs), today issued its 2023 End of Year Report. It highlights the LoRa Alliance’s incredible achievements throughout the year, in addition to providing updates on LoRaWAN deployments, technology and certification advancements.

Trends highlighted in this year’s report include:

  • LoRaWAN is seeing strong global deployment growth across several vertical markets, including smart buildings, utilities, cities, agriculture and industry.
  • There is continued diversification of the Alliance’s collaborative ecosystem, which drove end-to-end IoT solutions.
  • Deployments are delivering strong ROI, which in turn is accelerating the decision-making process for new users and projects.
  • Smart cities are increasingly requiring LoRaWAN certified end-devices in their RFPs.
  • LoRaWAN took a leadership position in Industry 5.0 as it meets the sustainability, efficiency and quality-of-life requirements.
  • The benefits and ROI of LoRaWAN deployments are exponential when end users collaborate with system integrators and solution providers.
  • LoRaWAN is the leader in the emerging satellite-based LPWAN communications market, with multiple member companies delivering networking via satellite and rapidly growing deployments in the sector.
  • The Alliance is meeting the emerging workforce needs of the IoT with its LoRaWAN Accredited Professional program, giving end users confidence in the vendors they select.

“In 2023, key end markets such as cities, buildings and utilities widely embraced LoRaWAN and the ROI it provides, leading to large-scale deployments that sparked further innovation in use cases,” stated Donna Moore, CEO and Chairwoman of the LoRa Alliance. “The demand for certified LoRaWAN devices within these essential sectors continues to grow as it is critical for massive device rollouts. Confidence in LoRaWAN was further reinforced through our Accredited Professional program, which addresses end users’ desire for a way to evaluate vendors’ knowledge of development and implementation of LoRaWAN. As the leader in global LPWAN deployments, we anticipate an even stronger year in 2024.”

“We continued to see strong growth globally in IoT deployments in 2023, with LoRaWAN clearly established as the market leader in LPWANs,” said Robin Duke-Woolley, CEO and Chief Analyst, Beecham Research. “With its established and active ecosystem, considerable involvement of system integrators and solution providers, and expansive features, including connectivity via satellite, we expect LoRaWAN will see strong growth again in 2024 as the IoT continues to mature.”

Other highlights from the 2023 report:

  • IEC and CEN standards validated LoRaWAN for smart metering, building on earlier OMS Group and DLMS-UA adoptions and further strengthening LoRaWAN’s ability to meet this market’s specialized requirements.
  • Two Technical Recommendations were released improving and augmenting LoRaWAN functionality, including using Carrier Sense Multiple Access (CSMA) to increase network capacity and Multicast D2D communication for direct over-the-air communication between devices.
  • Several FAQ documents were issued to strengthen users’ understanding of recent enhancements to the LoRaWAN specification, including payload codec API, relay, IPv6 adaptation layer and security.
  • Pre-testing of firmware updates over the air (FUOTA) and relay specifications using the LoRaWAN Certification Test Tool (LCTT) were enabled, along with new reporting features.
  • The Interoperability Work Group developed tools and procedures to test and certify interoperability between LoRaWAN network elements and built an interoperability testbed architecture.
  • Beecham Research conducted an extensive study focusing on networking technologies for smart cities, buildings and utilities, releasing two reports offering valuable insights into the evolving landscape of IoT in these markets:
  • Briefing for IoT Solution Specialists: Using LoRaWAN in Smart Buildings, Cities and Utilities to educate system integrators and solution providers, available exclusively to LoRa Alliance members; and
  • User Guide to Research of Key IoT Sectors: Smart Buildings, Cities, Utilities, which noted LoRaWAN’s global LPWAN leadership, issued publicly.

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Danfoss Unveils Asia Pacific’s First Sustainability Technology Center in Singapore to Accelerate Decarbonization Efforts Regionally

  • Located at the International Business Park, the Sustainability Technology Center (STC) will serve as a gateway to introducing world-class decarbonization solutions and training programs to businesses in Asia Pacific, accelerating the adoption of green technologies in the region.
  • It also showcases the ProjectZero model, a carbon-neutral blueprint from Sønderborg, Denmark, that has been adapted by the Singapore Polytechnic to help achieve campus-wide carbon neutrality, in line with the nation’s Green Plan 2030 goals.
  • Notable attendees at the launch event today included Kim Fausing, President & CEO of Danfoss; Jan Schoemaker, President of Danfoss Asia Pacific; Astrid Mozes, President Regions of Danfoss; Her Excellency, Tan Poh Hong, Singapore Ambassador to Denmark; Birgit Dohmann Chang, Deputy Head of Mission at Danish Embassy, Singapore; Soh Wai Wah, Principal and CEO of Singapore Polytechnic; along with over 80 esteemed industry partners.

Danish multinational engineering group, Danfoss, has unveiled Asia Pacific’s first Sustainability Technology Center (STC) in Singapore today at the Nordic European Center, International Business Park, Singapore.

Supported by the Singapore Economic Development Board, the STC is set to become a prime gateway for introducing global decarbonization solutions to bolster the region’s sustainability efforts through technological development and strategic partnerships.

As a hub for competence development, the Center will also help to localize tried and tested solutions Danfoss has to offer to the Asia Pacific region, empowering local partners with the knowledge and skills for effective implementation of sustainable technologies.

The launch event was graced by Her Excellency, Ms. Tan Poh Hong, Singapore Ambassador to Denmark; Ms. Birgit Dohmann Chang, Deputy Head of Mission at Danish Embassy; Mr. Soh Wai Wah, Principal and CEO of Singapore Polytechnic; Mr. Kim Fausing, President and CEO of Danfoss; together with Mr. Jan Schoemaker, Regional President of Danfoss Asia Pacific Region; and Astrid Mozes, President Regions of Danfoss, commemorating Danfoss’ work and commitment to the green initiatives globally. Over 80 esteemed partners including business leaders, government embassies, agencies and institutions of higher learning were also in attendance.

Interchanging Ideas and Innovation

The STC will showcase live demonstrations of Danfoss’ global decarbonization solutions, where visitors get to witness groundbreaking technologies that underpin some of Singapore’s key sustainability projects. This includes the Electric Dream Ferry and Keppel Bay Tower, Singapore’s first BCA Green Mark Platinum Zero Energy commercial building. Apart from showcasing Danfoss’ novel marine electrification solutions, the STC will double up as a training, pre-testing and commissioning ground for future adopters.

Kim Fausing, President and CEO, Danfoss commented on the opening of the STC:

“Today marks another significant milestone for Danfoss. The Sustainability Technology Center will be a gateway for collaboration, partnerships, innovation, development, and elevating skills in sustainability solutions through training and application development. Seeing is believing, and this Center will serve as a platform for showcasing live decarbonization solutions to our customers and partners. Singapore’s sustainability initiatives and infrastructure make it a prime location to drive decarbonization efforts across the region and beyond. Personally, I am thrilled to witness the Sustainability Technology Center taking off successfully and accelerating the implementation of sustainability initiatives in Singapore and the wider Asia Pacific region. Being part of the solution to build a better future is what our purpose in Danfoss is all about.”

Situated at the central location of Asia Pacific, Singapore is easily accessible for various customers in the region, making this STC geographically strategic to support the different sustainability goals across the Asia Pacific countries. In addition, this STC is an expansion from the previous Green Building Training Center, that was launched in 2020, and the Marine Electrification Application Development Center (ADC) which was previously housed in the Danfoss Singapore Office. With a bigger space, we are now capable of showcasing more energy-efficient innovations for various megatrends.

Technologies That Drive A Sustainable Change Across Industries

With a specialization in Buildings, Food & Beverage, Land & Marine Electrification, and Industrial green technologies, the STC will showcase technologies to decarbonize cities and improve energy efficiency across various sectors. These solutions aim to play a pivotal role in Singapore’s roadmap to reach its sustainability commitments made at COP28, as well as its Green Plan 2030 goals. Its proprietary district cooling method alone saves up to 50 per cent of energy compared to conventional cooling systems.

Danfoss’ past projects in Singapore, such as the retrofitted Keppel Bay Tower that validates over 45 per cent energy savings, and its first plug-in parallel hybrid-electric fast launch vessel powered by Danfoss Editron – which saves between 10 to 20 per cent in emissions compared to traditional vessels, will also be spotlighted at the STC. Danfoss’ advanced heat exchangers, sensors, direct current (DC) charging panel technologies that serve as the foundation of Shell’s electric dream ferry design, Singapore’s first fully electric ferry service, will also be displayed live.

In line with the United Nations Sustainable Development Goals and Singapore’s 30-by-30 goals, Danfoss looks to safeguard food security and lower energy consumption across Food and Beverage partners across the region with the introduction of its vertical farming and CO2 cold room technologies. Leveraging thermo-physical properties of CO2 and expansion energy ejectors, these technologies help refrigerants scale at greater temperatures, while increasing overall system efficiency.

Forging Partnerships With Eyes Towards The Future

The STC will also foster the collaborative development of innovative sustainable solutions for traditional industries such as mining, palm oil, and construction. Specialized training to harness application of technologies will form the bedrock of the STC, as it works together with local partners and industries that are moving towards an environmentally conscious future.

Danfoss is also taking active steps to support Singapore Polytechnic (SP) in its efforts to make the entire educational campus CO2 neutral by 2030, as Singapore gears towards having at least one in five educational institutions reach carbon neutrality by 2030. The blueprint for SP comes from the ProjectZero model based on the town of Sønderborg, Denmark which is on track to be CO2 neutral in its energy system by 2029.

Danfoss is joining ProjectZero in assisting the polytechnic with knowledge, concepts, implementation models, and cost-effective solutions for decarbonizing the campus. Being Singapore’s first and oldest polytechnic in 2023 to achieve carbon neutrality campus wide, more than 12,800 SP students have set out to contribute to the goal. Housed in the STC, the ProjectZero model was also recognised by the World Economic Forum and UN Habitat as a “replicable, adaptable and scalable” decarbonization model for cities worldwide, effectively reducing the costs of the green transition by up to 50 per cent.

Noting the significance of this project, Soh Wai Wah, Principal and CEO of Singapore Polytechnic shares:

“Singapore is the nerve center of the region’s sustainable technology development, and the sentiments resonate with students as well. Danfoss’ pioneering technologies are inspiring the next generation of changemakers to a suite of world-class sustainability technologies, and it has become a stimulus to embrace the challenges that can be seen as a roadblock to meeting the 2030 goals. We are excited about our plans of incorporating Danfoss’ STC into Singapore Polytechnic’s Sustainability Learning Journey, offering SMEs the opportunity to explore a range of decarbonisation solutions for their environments.”

The partnership between the institution and Danfoss marks the beginning of a long-term commitment towards developing state-of-the-art technologies that will accelerate Singapore’s efforts for energy efficiency and carbon neutrality.

Dino Tan, Head of Region (Designate), International Operations, Europe, Singapore Economic Development Board also shared his sentiments and support:

“We are excited by Danfoss’ decision to establish its Sustainability Technology Centre in Singapore. The facility is a valuable addition to our ecosystem and reinforces our strength as a location for innovation and partnerships. We look forward to seeing the company develop new sustainability solutions with its local and regional partners and contribute to our sustainability goals.”

Working towards its mission “To help the world build a better future”, the STC aims to bring greater value and transformation to partners across the Asia-Pacific region through the most relevant technological application portfolios. By empowering changemakers with the knowledge and capabilities necessary for navigating and implementing sustainable practices effectively, Danfoss looks to enable a greener tomorrow for all.

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Thaioil has achieved the highest ESG score in the Oil & Gas Refining and Marketing Industry for the 8th year and recognized as a DJSI member for the 11th consecutive year

Thai Oil Public Company Limited has achieved the highest score for sustainable development in the Oil & Gas Refining and Marketing Industry for the 8th year from the Dow Jones Sustainability Indices (DJSI) assessment, reflecting the Company’s high standards of sustainable business practices at the global level. In addition, Thaioil has been recognized as a DJSI member of Emerging Market for the 11th consecutive year, based on the sustainability assessment by S&P Global, a leading provider of financial data and credit ratings.

Thaioil has achieved the highest ESG score in the Oil & Gas Refining and Marketing Industry for the 8th year and recognized as a DJSI member for the 11th consecutive year.

Mr. Bandhit Thamprajamchit, Chief Executive Officer and President of Thai Oil Public Company Limited, affirmed, “These achievements highlight that Thaioil continues to maintain outstanding performance in sustainable development at the global level across all three dimensions: environmental, social, governance & economic balance (ESG).

Regarding the environment aspect, Thaioil has set targets for Carbon Neutrality by the year 2050 and Net Zero GHG Emissions by the year 2060. These goals are firmly pursued through the continuous implementation of the company’s greenhouse gas emission reduction strategy. In the social aspect, Thaioil has undertaken various projects for communities around refineries and distant areas, covering education, nature and environmental conservation, energy, and quality of life. This year, solar power generation systems were installed in three hospitals in Chonburi province and five Border Patrol Police Schools in Tak province. In terms of governance aspect, the company maintains a policy of overseeing good business practices, operates transparently and ethically, complies with regulations, and actively opposes corruption. This effort has been acknowledged with NACC Integrity Awards by the National Anti-Corruption Commission for the 4th year,” Mr. Bandhit added. On the economics aspect, Thaioil has revised the strategic business plan to be more agile and flexible, by setting long-term profit targets for the year 2030 in alignment with global trends and reducing volatility in the oil refining business unit. The Company is also aiming for a low-carbon business and more environmentally friendly products.

Mr. Bandhit further stated, “Thaioil takes immense pride in this global-level achievement, marking the 8th year of being ranked at the top and the 11th consecutive year as a DJSI member. These achievements reflect the standards of professional business conduct, sustainable organizational development on a global scale, and a commitment to social and environmental responsibility under the guidance of good corporate governance. Thaioil operates transparently, prioritizes the benefits of all stakeholders, and contributes to the national energy security guided by our vision “Empowering Human Life through Sustainable Energy and Chemicals” to become a sustainable organization that will pave the path forthrightly towards a centenary organization.”

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IAA Weekly Reports - News and Trends – [29.01.24]
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