What You Need To Know About Environmental Intelligence And More

What You Need To Know About Environmental Intelligence And More

Now You KnOW features quick insightful takes on the issues of the day that matter most to you.    

Weekend must read 

As corporations, financial institutions, and governments lean into the climate challenge, the need for a new kind of market currency is emerging — data of sufficient quality and richness to reliably inform the millions of high-value decisions required to achieve a climate-resilient, zero-emissions world. This data must be unimpeachable and interpretable by humans and machines at scale. We call this currency environmental intelligence (EnvINT)

Did you know? 

JP Morgan Chase announced at their last investor day that they would invest $17 billion on technology in just one year  

This large investment poses the question — how much does it cost to run a bank these days? According to Celent’s Dimensions Survey, bank IT budgets are increasing globally across retail and corporate banking. 

Industry briefing 

Product-centric to customer-centric: Banks face numerous challenges in their digital transformations. At the forefront is the need to integrate disparate technologies and restructure around the customer. Jouk Pleiter, the CEO and founder of global banking technology firm Backbase, joined our Innovators’ Exchange podcast to discuss the importance of organizational structure and leadership in driving these transformations successfully and the future of banking technology, including the role of artificial intelligence (AI). 

Integrating women’s healthcare: From pregnancy to menopause, women face a fractured environment when trying to access healthcare. A lack of services and coordination across the care continuum has resulted in a gender gap where women experience worse health outcomes than men. We spoke to two innovators working to break this status quo and improve the experience for women.  

Corporate scoop 

Building a killer brand: Valued at $300 billion, the water market is one of the most saturated in the world. Then Liquid Death came along. Named for murdering your thirst and death to plastic, Liquid Death is the antithesis to standard packaged water with its recyclable aluminum cans adorned with a provocative skull. But it’s not just their branding that has attracted a cult-like following. Their edgy and often humorous marketing campaigns and unexpected partnerships have helped catapult them to their current valuation of $1.4 billion. 

Building resilience in the public sector: For the public sector to navigate growing risks and continual shocks, there needs to be a concerted effort on building the ability to ‘bounce-back’ in the face of difficulties. This capability, fundamentally different from disaster recovery strategies which typically respond to only one shock, allows governments to better predict, respond, recover, and adapt to multiple events and risks that may threaten national security. Here, we outline five critical attributes in the context of the Australian government. 

Oliver Wyman in the news 

Bloomberg TV: Geopolitical, Eco Risks at Elevated Levels, Marsh McLennan CEO says

Financial Times: Big Oil under pressure to recalibrate green transition goals

Reuters: Global carbon removal market could reach $100 billion/yr from 2030-35, report says

More insights 

Turning climate intent into action 

Leading in the age of acceleration 

Harnessing risk and economic disruption  

Thank you Oliver Wyman !

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Harindra Mani Kaushik

Assistant General Manager- Technical Services at Deepak Group Co

1w

Good point!

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