Nowadays, many countries and companies are increasingly concerned about the environment. Among them, there is increasing interest in ESG and sustainability technologies.
What is ESG (Environmental, Social, and Governance)?
Sustainability technology is a term that considers natural resources and innovations while fostering economic and social development. The goal of this technology is to significantly reduce environmental and ecological risks and create sustainable products.
In fact, ESG was first mentioned in a 2004 UN report. Since then, it has emerged as a key topic in the 2020s. This is because big players who control economic trends have begun to evaluate ESG as the most important criterion. A global asset management firm, BlackRock, declared in January 2020 that it would use corporate sustainability as the basis for investment decisions. Similarly, Korea's National Pension Fund also announced plans to expand ESG-related investments to 50% of its managed funds by 2022.
The European Union has taken one step further. Last December, it announced the Corporate Sustainability Reporting Directive (CSRD), which is scheduled to be implemented next year. According to the guidelines, companies are required to address not only greenhouse gas emissions across their entire supply chain—including both trading partners and subcontractors—but also improvements in human rights and working conditions. Large domestic and international companies have also decided to evaluate the ESG level of their partners. As a result, adhering to ESG standards has become essential for both exports and domestic sales.
In response to environmental issues, OpsNow has launched “OpsNow ESG (OpsNow ESG)” service to help carbon neutrality. With OpsNow ESG, you can not only measure and manage carbon emissions and strategic resource usage in cloud environments but also offset emissions through carbon credit transactions.
So, let me tell you about OpsNow ESG.
OpsNow ESG combines the open-source carbon calculation formula of Cloud Carbon Footprint with Cloud Jewels, a technology developed by the e-commerce company Etsy. This enables precise measurement, prediction, and management of carbon emissions and energy consumption resulting from cloud usage.
Customers can offset their carbon emissions measured through OpsNow ESG by purchasing carbon credits from the WinCL marketplace, a climate action company. A carbon credit is a transferable certificate that is designed to offset greenhouse gas (GHG) emissions, including carbon, based on the carbon credit trading system established by the UN climate change agreement.
WinCL provides a marketplace service that allows voluntary carbon credits issued by global certification bodies to be purchased in small quantities, even in fractions of a ton, rather than in bulk units of tens or hundreds of tons. This enables not only large corporations but also small and medium-sized enterprises (SMEs) and individuals to offset their carbon emissions more efficiently.
OpsNow ESG goes beyond measuring carbon emissions from cloud computing by offering Korea’s first one-stop service that enables carbon credit purchases. Through this, OpsNow ESG continues to enhance its services to help customers achieve their carbon neutrality goals.
Another key feature is the dual benefit of reducing carbon emissions while lowering cloud operating costs through efficient cloud resource management. OpsNow ESG customers can prevent unnecessary energy consumption in cloud environments through measures such as right-sizing cloud resources, removing unused resources, and minimizing idle resources. This not only directly reduces carbon emissions but also helps cut cloud costs.
Currently, this feature is in beta and is only available to select customers. Please feel free to contact us if you are interested.
Terms:
* Cloud carbon footprint: An indicator of greenhouse gas emissions generated during the usage of cloud computing services
* Cloud Jewels: An infrastructure management tool developed by American e-commerce platform Etsy to manage resources and improve efficiency
Nowadays, many countries and companies are increasingly concerned about the environment. Among them, there is increasing interest in ESG and sustainability technologies.
What is ESG (Environmental, Social, and Governance)?
Sustainability technology is a term that considers natural resources and innovations while fostering economic and social development. The goal of this technology is to significantly reduce environmental and ecological risks and create sustainable products.
In fact, ESG was first mentioned in a 2004 UN report. Since then, it has emerged as a key topic in the 2020s. This is because big players who control economic trends have begun to evaluate ESG as the most important criterion. A global asset management firm, BlackRock, declared in January 2020 that it would use corporate sustainability as the basis for investment decisions. Similarly, Korea's National Pension Fund also announced plans to expand ESG-related investments to 50% of its managed funds by 2022.
The European Union has taken one step further. Last December, it announced the Corporate Sustainability Reporting Directive (CSRD), which is scheduled to be implemented next year. According to the guidelines, companies are required to address not only greenhouse gas emissions across their entire supply chain—including both trading partners and subcontractors—but also improvements in human rights and working conditions. Large domestic and international companies have also decided to evaluate the ESG level of their partners. As a result, adhering to ESG standards has become essential for both exports and domestic sales.
In response to environmental issues, OpsNow has launched “OpsNow ESG (OpsNow ESG)” service to help carbon neutrality. With OpsNow ESG, you can not only measure and manage carbon emissions and strategic resource usage in cloud environments but also offset emissions through carbon credit transactions.
So, let me tell you about OpsNow ESG.
OpsNow ESG combines the open-source carbon calculation formula of Cloud Carbon Footprint with Cloud Jewels, a technology developed by the e-commerce company Etsy. This enables precise measurement, prediction, and management of carbon emissions and energy consumption resulting from cloud usage.
Customers can offset their carbon emissions measured through OpsNow ESG by purchasing carbon credits from the WinCL marketplace, a climate action company. A carbon credit is a transferable certificate that is designed to offset greenhouse gas (GHG) emissions, including carbon, based on the carbon credit trading system established by the UN climate change agreement.
WinCL provides a marketplace service that allows voluntary carbon credits issued by global certification bodies to be purchased in small quantities, even in fractions of a ton, rather than in bulk units of tens or hundreds of tons. This enables not only large corporations but also small and medium-sized enterprises (SMEs) and individuals to offset their carbon emissions more efficiently.
OpsNow ESG goes beyond measuring carbon emissions from cloud computing by offering Korea’s first one-stop service that enables carbon credit purchases. Through this, OpsNow ESG continues to enhance its services to help customers achieve their carbon neutrality goals.
Another key feature is the dual benefit of reducing carbon emissions while lowering cloud operating costs through efficient cloud resource management. OpsNow ESG customers can prevent unnecessary energy consumption in cloud environments through measures such as right-sizing cloud resources, removing unused resources, and minimizing idle resources. This not only directly reduces carbon emissions but also helps cut cloud costs.
Currently, this feature is in beta and is only available to select customers. Please feel free to contact us if you are interested.
Terms:
* Cloud carbon footprint: An indicator of greenhouse gas emissions generated during the usage of cloud computing services
* Cloud Jewels: An infrastructure management tool developed by American e-commerce platform Etsy to manage resources and improve efficiency
