New Category : Business

Samsung Electronics Joins the Carbon Trust in Launching New Way To Measure Carbon Impact of Connected Devices

Wed, Nov 20th 2024, 11:29 AM

Samsung Electronics Co., Ltd. today announced that, in collaboration with the Carbon Trust and other major tech companies, it has launched a new methodology for measuring the emissions and reductions linked to the use-phase of connected devices, such as laptops and speakers.

The launch of this methodology is part of Samsung’s participation in the Decarbonizing the Use-Phase of Connected Devices (DUCD) initiative, through which the company has teamed up with the Carbon Trust, Amazon, Microsoft and Sky to tackle the greenhouse gas emissions resulting from use-phase electricity consumption of internet-connected electrical and electronic products.

These organizations are focusing on the use-phase in particular because it is typically the largest source of product’s carbon emissions throughout its entire lifetime. Globally, connected devices currently require approximately 500 terawatt-hours (TWh) of energy annually — similar to France’s total energy use. Therefore, understanding and accounting for products’ carbon impact and finding ways to drive down emissions while devices are being used is a priority for the tech industry.

This new methodology sets out how companies can assess and report emissions using data drawn from devices that are being used by their customers, enhancing the accuracy of reporting that has until now relied upon lifetime forecasts used in current emissions accounting. Tech firms will also be able to account for emissions reductions that have been achieved in the process of using the methodology.

The annual reporting of use-phase emissions and reporting of emissions reductions will lead to increased transparency in communication to consumers, incentivizing companies to make reductions while products are still being used. The standardization and accuracy of the data will also guide companies to identify innovative solutions to further reduce the carbon impact of their devices.

Samsung’s contributions to launching the new DUCD methodology are a continuation of the company’s commitment to finding new ways to save energy. This type of innovation is exemplified by SmartThings Energy, which empowers users to track their energy usage and make better energy decisions, as well as AI Energy Mode, which considers usage patterns and electricity rates to help users better manage energy usage.

“The use-phase emissions make up the lion's share of our products’ carbon emissions across their lifecycle, and measuring is key to managing and reducing emissions,” said Inhee Chung, Vice President of the Corporate Sustainability Center at Samsung Electronics. "At Samsung, engaging and empowering consumers through our energy saving solutions is a key element of our climate strategy, and we look forward to applying the DUCD methodology to demonstrate how our SmartThings platform and its AI Energy Mode enable consumers to monitor and reduce the energy use of their connected devices."

"Connected devices are becoming increasingly relevant in everyday life and so it was important to bring key players in the technology industry together to start to address use-phase emissions now. This collaboration has produced a significantly improved approach for the calculation and reporting of carbon emissions and reductions achieved from connected devices and lays the foundation for further efforts to address emissions in this challenging area.” said Felix Prettejohn, Senior Consultant at the Carbon Trust.

About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For the latest news, please visit the Samsung Newsroom at news.samsung.com.

About the Carbon Trust
The Carbon Trust is a global climate consultancy driven by the mission to accelerate the move to a decarbonised future. We have been climate pioneers for over 20 years, partnering with businesses, governments and financial institutions to drive positive climate action. From strategic planning and target setting to activation and communication - we turn ambition into impact. To date, our 400 experts have helped set 200+ science-based targets and guided 3,000+ organisations and cities across five continents on their route to Net Zero.

Samsung Electronics Co., Ltd. today announced that, in collaboration with the Carbon Trust and other major tech companies, it has launched a new methodology for measuring the emissions and reductions linked to the use-phase of connected devices, such as laptops and speakers. The launch of this methodology is part of Samsung’s participation in the Decarbonizing the Use-Phase of Connected Devices (DUCD) initiative, through which the company has teamed up with the Carbon Trust, Amazon, Microsoft and Sky to tackle the greenhouse gas emissions resulting from use-phase electricity consumption of internet-connected electrical and electronic products. These organizations are focusing on the use-phase in particular because it is typically the largest source of product’s carbon emissions throughout its entire lifetime. Globally, connected devices currently require approximately 500 terawatt-hours (TWh) of energy annually — similar to France’s total energy use. Therefore, understanding and accounting for products’ carbon impact and finding ways to drive down emissions while devices are being used is a priority for the tech industry. This new methodology sets out how companies can assess and report emissions using data drawn from devices that are being used by their customers, enhancing the accuracy of reporting that has until now relied upon lifetime forecasts used in current emissions accounting. Tech firms will also be able to account for emissions reductions that have been achieved in the process of using the methodology. The annual reporting of use-phase emissions and reporting of emissions reductions will lead to increased transparency in communication to consumers, incentivizing companies to make reductions while products are still being used. The standardization and accuracy of the data will also guide companies to identify innovative solutions to further reduce the carbon impact of their devices. Samsung’s contributions to launching the new DUCD methodology are a continuation of the company’s commitment to finding new ways to save energy. This type of innovation is exemplified by SmartThings Energy, which empowers users to track their energy usage and make better energy decisions, as well as AI Energy Mode, which considers usage patterns and electricity rates to help users better manage energy usage. “The use-phase emissions make up the lion's share of our products’ carbon emissions across their lifecycle, and measuring is key to managing and reducing emissions,” said Inhee Chung, Vice President of the Corporate Sustainability Center at Samsung Electronics. "At Samsung, engaging and empowering consumers through our energy saving solutions is a key element of our climate strategy, and we look forward to applying the DUCD methodology to demonstrate how our SmartThings platform and its AI Energy Mode enable consumers to monitor and reduce the energy use of their connected devices." "Connected devices are becoming increasingly relevant in everyday life and so it was important to bring key players in the technology industry together to start to address use-phase emissions now. This collaboration has produced a significantly improved approach for the calculation and reporting of carbon emissions and reductions achieved from connected devices and lays the foundation for further efforts to address emissions in this challenging area.” said Felix Prettejohn, Senior Consultant at the Carbon Trust.   About Samsung Electronics Co., Ltd.   Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For the latest news, please visit the Samsung Newsroom at news.samsung.com.   About the Carbon Trust The Carbon Trust is a global climate consultancy driven by the mission to accelerate the move to a decarbonised future. We have been climate pioneers for over 20 years, partnering with businesses, governments and financial institutions to drive positive climate action. From strategic planning and target setting to activation and communication - we turn ambition into impact. To date, our 400 experts have helped set 200+ science-based targets and guided 3,000+ organisations and cities across five continents on their route to Net Zero.

BRON Ltd. Celebrates STEM Day by Advocating for Bahamian Leadership in National Development

Mon, Nov 18th 2024, 02:06 PM

In observance of STEM Day, Bron Ltd. (“BRON”), the Caribbean's leading development consulting firm, underscores the importance of Bahamians pursuing careers in Science, Technology, Engineering, and Mathematics (STEM). By nurturing local talent, BRON provides platforms for skilled Bahamians to return home and contribute meaningfully to national progress.

"Our purpose has always been to Make Paradise Possible by ensuring Bahamian professionals have opportunities to apply their expertise locally," said Carlos E. Palacious, Managing Principal of BRON. "It’s about creating a future where leadership is driven by those who deeply understand our nation’s unique needs."

This mission is brought to life through initiatives like BRON’s STEM Day Edu-Crawl, now in its second year. The program takes BRON’s professionals into classrooms across The Bahamas toshare their diverse expertise in engineering, environmental science, architecture, and projectmanagement. The Edu-Crawl offers students a glimpse into the vast possibilities within STEM,inspiring the next generation of leaders.

"The Edu-Crawl is about showing students how STEM careers can solve real-world challenges and drive sustainable development in their communities," said Scott Blacquiere, BRON Managing Principal.

Complementing its long-standing internship program, which has provided hands-on learning opportunities for years, the Edu-Crawl inspires students to pursue STEM careers. Through the internship program, students collaborate with seasoned professionals on active projects, gaining invaluable experience that often leads to full-time roles. BRON Managing Principal KevinSweeting, who leads the infrastructure team and boasts the company’s highest intern-to-full-timeemployee ratio, emphasized, “Internships at BRON provide more than just experience; they create a pipeline for future leaders equipped to take the reins of the country’s outlook.”

"Empowering Bahamians in STEM is not just about education; it’s about sovereignty and selfreliance," Carlos added. "We must ensure that our people are at the helm of our nation's development, making decisions that are culturally relevant, environmentally sustainable, and reflect our priorities."

As The Bahamas experiences significant foreign investment, BRON emphasizes the need for Bahamians to lead in shaping the nation’s future. By working together with educational institutions, government agencies, and private sector partners, we can build a future where Bahamians are leaders in driving progress and sustainability.

About BRON Ltd.
BRON Ltd. is a multinational, interdisciplinary development consulting group with teams in The Bahamas, Florida, Turks and Caicos Islands, and St. Kitts. With over 60 in-house staff, BRON hascompleted more than 1,200 projects across 60+ islands and cays of The Bahamas and the Caribbean, providing services in architecture, engineering, environmental science, andgeomatics. For more information about Bron Ltd. please visit bebron.com.

In observance of STEM Day, Bron Ltd. (“BRON”), the Caribbean's leading development consulting firm, underscores the importance of Bahamians pursuing careers in Science, Technology, Engineering, and Mathematics (STEM). By nurturing local talent, BRON provides platforms for skilled Bahamians to return home and contribute meaningfully to national progress. "Our purpose has always been to Make Paradise Possible by ensuring Bahamian professionals have opportunities to apply their expertise locally," said Carlos E. Palacious, Managing Principal of BRON. "It’s about creating a future where leadership is driven by those who deeply understand our nation’s unique needs." This mission is brought to life through initiatives like BRON’s STEM Day Edu-Crawl, now in its second year. The program takes BRON’s professionals into classrooms across The Bahamas to share their diverse expertise in engineering, environmental science, architecture, and project management. The Edu-Crawl offers students a glimpse into the vast possibilities within STEM, inspiring the next generation of leaders. "The Edu-Crawl is about showing students how STEM careers can solve real-world challenges and drive sustainable development in their communities," said Scott Blacquiere, BRON Managing Principal. Complementing its long-standing internship program, which has provided hands-on learning opportunities for years, the Edu-Crawl inspires students to pursue STEM careers. Through the internship program, students collaborate with seasoned professionals on active projects, gaining invaluable experience that often leads to full-time roles. BRON Managing Principal Kevin Sweeting, who leads the infrastructure team and boasts the company’s highest intern-to-full-time employee ratio, emphasized, “Internships at BRON provide more than just experience; they create a pipeline for future leaders equipped to take the reins of the country’s outlook.” "Empowering Bahamians in STEM is not just about education; it’s about sovereignty and selfreliance," Carlos added. "We must ensure that our people are at the helm of our nation's development, making decisions that are culturally relevant, environmentally sustainable, and reflect our priorities." As The Bahamas experiences significant foreign investment, BRON emphasizes the need for Bahamians to lead in shaping the nation’s future. By working together with educational institutions, government agencies, and private sector partners, we can build a future where Bahamians are leaders in driving progress and sustainability. About BRON Ltd. BRON Ltd. is a multinational, interdisciplinary development consulting group with teams in The Bahamas, Florida, Turks and Caicos Islands, and St. Kitts. With over 60 in-house staff, BRON has completed more than 1,200 projects across 60+ islands and cays of The Bahamas and the Caribbean, providing services in architecture, engineering, environmental science, and geomatics. For more information about Bron Ltd. please visit bebron.com.

BTC Launches Silver Blue Connection Program for Vulnerable Citizens

Fri, Nov 15th 2024, 12:38 PM

BTC has introduced its Silver Blue Connection Program, a tailored service initiative for Most Vulnerable Persons (MVPs) – senior citizens, pensioners, the differently abled, and residents on remote Family Islands.

Recognizing that this group of individuals needs extra attention, BTC has introduced this special white glove service program exclusively providing personalized, affordable, and reliable services to this customer segment.

“Delivering superior customer service is so important to us and we want to ensure that our MVPs do not feel left out,” said K. Teneile Simmons, BTC’s Head of Customer Experience. We value our seniors, differently abled, and those on far flung islands, and we realize that they need focused and special attention from us, so the launch of this program is timely. The Silver Blue Connection program is geared towards meeting their needs and give them a level of trust, confidence, ease, and satisfaction of doing business with BTC.”

The program will offer an enhanced in-store experience with dedicated service and support in BTC retail stores.

Special “CX Concierge” services will be provided, where techs can visit the MVPs home in the event, they need in-person assistance with troubleshooting technical issues they may experience. MVPs will be offered affordable postpaid plans and discounts on select mobile and fixed products.

MVPs will also receive fixed end of month billing dates and loyalty points for paying their bills on time.

BTC also wants to ensure that they maintain a special connection to those MVPs enrolled in the program. They will receive special birthday greetings, be entered into a birthday gift raffle, and receive special invites to attend various BTC workshops and community events.

The MVPs will also be invited to engage in educational tutorials and information sessions that address topics that focus on health and wellness, insurance, and finance.

Persons aged 60 and older, the differently abled, pensioners and those BTC customers living on remote Family Islands can sign up for the Silver Blue Connection program by visiting any BTC retail store and presenting a valid form of identification. These individuals can also call 225-5282 or CALL-BTC, to receive reliable and prompt support.

The official launch of the Silver Blue Connection Program was held on November 14th at BTC’s Mall at Marathon Retail Store. The launch also incorporated an outreach initiative for BTC’s Mission Week with seniors and differently-abled persons being able to take advantage of free wellness checks courtesy of the Ministry of Health. Representatives from the Department of Social services, the National Insurance Board and the Kidney Association of the Bahamas were also on hand to offer them valuable advice.

BTC has introduced its Silver Blue Connection Program, a tailored service initiative for Most Vulnerable Persons (MVPs) – senior citizens, pensioners, the differently abled, and residents on remote Family Islands. Recognizing that this group of individuals needs extra attention, BTC has introduced this special white glove service program exclusively providing personalized, affordable, and reliable services to this customer segment. “Delivering superior customer service is so important to us and we want to ensure that our MVPs do not feel left out,” said K. Teneile Simmons, BTC’s Head of Customer Experience. We value our seniors, differently abled, and those on far flung islands, and we realize that they need focused and special attention from us, so the launch of this program is timely. The Silver Blue Connection program is geared towards meeting their needs and give them a level of trust, confidence, ease, and satisfaction of doing business with BTC.” The program will offer an enhanced in-store experience with dedicated service and support in BTC retail stores. Special “CX Concierge” services will be provided, where techs can visit the MVPs home in the event, they need in-person assistance with troubleshooting technical issues they may experience. MVPs will be offered affordable postpaid plans and discounts on select mobile and fixed products. MVPs will also receive fixed end of month billing dates and loyalty points for paying their bills on time. BTC also wants to ensure that they maintain a special connection to those MVPs enrolled in the program. They will receive special birthday greetings, be entered into a birthday gift raffle, and receive special invites to attend various BTC workshops and community events. The MVPs will also be invited to engage in educational tutorials and information sessions that address topics that focus on health and wellness, insurance, and finance. Persons aged 60 and older, the differently abled, pensioners and those BTC customers living on remote Family Islands can sign up for the Silver Blue Connection program by visiting any BTC retail store and presenting a valid form of identification. These individuals can also call 225-5282 or CALL-BTC, to receive reliable and prompt support. The official launch of the Silver Blue Connection Program was held on November 14th at BTC’s Mall at Marathon Retail Store. The launch also incorporated an outreach initiative for BTC’s Mission Week with seniors and differently-abled persons being able to take advantage of free wellness checks courtesy of the Ministry of Health. Representatives from the Department of Social services, the National Insurance Board and the Kidney Association of the Bahamas were also on hand to offer them valuable advice.

Team Colina Attends Red Ribbon Ball

Tue, Nov 12th 2024, 11:10 AM

Team Colina attended the 28th Annual Red Ribbon Ball under the theme “Diamonds and Pearls” in support of The Bahamas AIDS Foundation at the Atlantis Resort, Paradise Island.

Colina has been a leading corporate sponsor of the Ball since inception when its legacy company, Imperial Life Financial, envisioned and pioneered the event which has become a major fundraiser for The Bahamas AIDS Foundation.

The Red Ribbon Ball is the Foundation’s main fundraiser, serving as one of the ways the public is encouraged to support the never-ending work of the Foundation.

“Colina is committed to health, wellness and youth development,” said Maxine V. Seymour, Director of Corporate Communications. “We proudly support The Bahamas AIDS Foundation’s work in championing the rights of those infected with and affected by HIV/AIDS.”

“This evening is not only a testament to the progress we have achieved, but it also serves as a reminder of the work that still lies ahead,” expressed Arame Ford- Strachan, President of The Bahamas AIDS Foundation. “The proceeds from this Ball will Support HIV testing, education and awareness programs, enhanced advocacy, vital care for high-risk populations, expanded access to life saving treatment, efforts to reduce food insecurity and our adolescent and child outreach initiatives.”

“Colina proudly stands alongside The Bahamas AIDS Foundation in their mission to improve lives, provide vital services, and foster a healthier, more informed future for all,” said Seymour. “The company looks forward to supporting this vital cause for years to come, working together to build a stronger, more resilient Bahamas.”

About The Bahamas AIDS Foundation

The AIDS Foundation of The Bahamas was founded in 1992 by the Zonta Club of Nassau with support from Dr. Perry Gomez, Director of the National AIDS Programme. Its mission is to provide education, awareness, prevention, and support for people living with HIV/AIDS. Since 1994, Colina (Imperial Life) has been a major partner, hosting the annual Red Ribbon Ball, the Foundation's key fundraiser. In 1997, Colina donated property for the Foundation's offices, where it also houses a food and clothing bank and offers space for other NGOs. Over the years, the Foundation has achieved significant milestones, including reducing mother-to-child HIV transmission and providing care for HIV+ orphans. In 2007, the Foundation shifted focus from a residential children’s home to an Outreach Centre, which since 2010 has supported adolescents living with HIV. The Foundation is now recognized both locally and internationally for its contributions to the fight against HIV/AIDS, with strong partnerships and volunteer support.

Colina Insurance Limited (Colina) is a diversified financial services company, offering comprehensive life and health insurance solutions. Colina is wholly-owned by Colina Holdings Bahamas Limited (CHBL). CHBL is a Bahamian Company, built on a firm foundation of trust, integrity and responsibility. Colina has evolved over the past century to become The Bahamas’ largest life and health insurer, with a solid reputation for providing insurance and related financial services products that help clients prepare for life’s unexpected events.

For more information:
Maxine V. Seymour
Director, Corporate Communications
Colina Insurance Limited
308 East Bay Street
Nassau, The Bahamas
e maxine.seymour@colina.com
t 242.396.7218

Team Colina attended the 28th Annual Red Ribbon Ball under the theme “Diamonds and Pearls” in support of The Bahamas AIDS Foundation at the Atlantis Resort, Paradise Island. Colina has been a leading corporate sponsor of the Ball since inception when its legacy company, Imperial Life Financial, envisioned and pioneered the event which has become a major fundraiser for The Bahamas AIDS Foundation. The Red Ribbon Ball is the Foundation’s main fundraiser, serving as one of the ways the public is encouraged to support the never-ending work of the Foundation. “Colina is committed to health, wellness and youth development,” said Maxine V. Seymour, Director of Corporate Communications. “We proudly support The Bahamas AIDS Foundation’s work in championing the rights of those infected with and affected by HIV/AIDS.” “This evening is not only a testament to the progress we have achieved, but it also serves as a reminder of the work that still lies ahead,” expressed Arame Ford- Strachan, President of The Bahamas AIDS Foundation. “The proceeds from this Ball will Support HIV testing, education and awareness programs, enhanced advocacy, vital care for high-risk populations, expanded access to life saving treatment, efforts to reduce food insecurity and our adolescent and child outreach initiatives.” “Colina proudly stands alongside The Bahamas AIDS Foundation in their mission to improve lives, provide vital services, and foster a healthier, more informed future for all,” said Seymour. “The company looks forward to supporting this vital cause for years to come, working together to build a stronger, more resilient Bahamas.” About The Bahamas AIDS Foundation The AIDS Foundation of The Bahamas was founded in 1992 by the Zonta Club of Nassau with support from Dr. Perry Gomez, Director of the National AIDS Programme. Its mission is to provide education, awareness, prevention, and support for people living with HIV/AIDS. Since 1994, Colina (Imperial Life) has been a major partner, hosting the annual Red Ribbon Ball, the Foundation's key fundraiser. In 1997, Colina donated property for the Foundation's offices, where it also houses a food and clothing bank and offers space for other NGOs. Over the years, the Foundation has achieved significant milestones, including reducing mother-to-child HIV transmission and providing care for HIV+ orphans. In 2007, the Foundation shifted focus from a residential children’s home to an Outreach Centre, which since 2010 has supported adolescents living with HIV. The Foundation is now recognized both locally and internationally for its contributions to the fight against HIV/AIDS, with strong partnerships and volunteer support. Colina Insurance Limited (Colina) is a diversified financial services company, offering comprehensive life and health insurance solutions. Colina is wholly-owned by Colina Holdings Bahamas Limited (CHBL). CHBL is a Bahamian Company, built on a firm foundation of trust, integrity and responsibility. Colina has evolved over the past century to become The Bahamas’ largest life and health insurer, with a solid reputation for providing insurance and related financial services products that help clients prepare for life’s unexpected events. For more information: Maxine V. Seymour Director, Corporate Communications Colina Insurance Limited 308 East Bay Street Nassau, The Bahamas e maxine.seymour@colina.com t 242.396.7218