Nowadays, many countries and many companies are increasingly concerned about the environment.

Among them, interest in ESG and sustainability technologies is growing.

First of all, what is ESG environment(Environment: sustainability, such as reducing pollutants, adopting renewable energy, and securing biodiversity), social(Social: social responsibilities such as employee safety and health, diversity and community support, and data privacy), governance(Governance: A company's transparent governance structure through compliance with laws and regulations such as anti-corruption).

And sustainability technology Consider natural resources and explain innovations that promote economic and social developmentIt's an umbrella term. The goal of this technology Dramatically reducing environmental and ecological risks and creating sustainable productsThis is it.

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In fact, ESG was first mentioned in a 2004 UN report. Since then, it has become an important topic of conversation since the 2020s. This is because big players who control economic trends have begun to evaluate ESG as the most important criterion. Blackrock (Blackrock), a global asset management company, declared in January 2020 that it would use corporate sustainability as the basis for investment decisions. Korea's National Pension Fund also announced that it will expand ESG-related investments to 50% of management funds by 2022.

The European Union has gone one step further. Last December, we announced the Corporate Sustainability Reporting Directive (CSRD, Corporate Sustainability Reporting Directive), which is scheduled to be implemented from next year. According to the guidelines, we are calling for improvements in human rights and the working environment along with greenhouse gas emissions from the entire supply chain, including trading companies as well as partner companies. Large domestic and international companies have also decided to evaluate the ESG level of partner companies, and now it is difficult to export overseas and sell domestically if ESG is not followed.

Thanks to this interest in the environment, OpsNow has also opened an “OpsNow ESG (OpsNow ESG)” service to achieve carbon neutrality.

With OpsNow ESG, you can not only measure and manage carbon emissions and strategic use in cloud environments, but also offset emissions through carbon credit transactions.

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So let me tell you about this OpsNow ESG.

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OpsNow ESG is a service that combines the open source-based carbon calculation formula of Cloud Carbon Footprint (Cloud Carbon Footprint) with Cloud Jewels (Cloud Jewels) technology from e-commerce company Etsy (Etsy) to accurately measure, predict, and manage carbon emissions and electricity due to cloud use.

Based on carbon emissions measured through OpsNow ESG, customers can also offset these emissions by purchasing carbon credits from the climate action company WinCL (WinCL)'s marketplace. A carbon credit is a transferable certificate that offsets greenhouse gas (GHG) emissions, including carbon, based on the carbon credit trading system established through the UN climate change agreement.

Through a marketplace, Winkle provides a service that allows voluntary carbon credits issued by global certification bodies to be purchased in small amounts in tons or less instead of tens or hundreds of tons, and supports not only large companies but also small and medium-sized enterprises and individuals to more efficiently offset carbon emissions. In addition to measuring carbon emissions from cloud computing, OpsNow ESG is improving services to contribute to each customer's carbon neutrality goal by providing a one-stop service that can even purchase carbon credits for the first time in Korea.

Another feature is that efficient management of cloud resources can achieve the benefits of reducing carbon emissions and reducing cloud operating costs. OpsNow ESG customers can prevent unnecessary energy consumption in cloud environments through measures such as right-sizing cloud resources, removing unused resources, and minimising idle resources. This can also reduce direct carbon emissions and reduce cloud costs.

* Cloud carbon footprint: An indicator of greenhouse gas emissions generated during the use of cloud computing services

* Cloud Jewels: An infrastructure management tool developed by American e-commerce platform Etsy (Etsy) to manage resources and improve efficiency

Currently, this feature is in beta and is only available to select customers.

Please feel free to contact us if you have any interest in this regard.

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