Tag: Sustainability

7 Most Sustainable Buildings in the World and Why

In our world today, several buildings exist that defy the odds of traditional architecture. These buildings are different from regular brick-and-mortar buildings not only because of their ingenious designs but also because they embody elements of sustainability and energy efficiency.

Moreover, because of their innovative designs, these magnificent structures have become a vital part of tackling climate change and reducing our environmental footprint.

With that said, here’s a look at 7 of the most sustainable buildings in the world and why they are considered such.

1. Shanghai Tower:

The Shanghai Tower is not only the second-tallest building in the world, but it is also one of the most sustainable skyscrapers. Constructed in 2008, the structure is located in the financial district of Shanghai, China. The tower features a unique twisted design, which allows it to reduce wind loads and makes it more resistant to earthquakes. Additionally, its double-skin façade provides excellent insulation, reducing the need for heating and cooling. The tower also incorporates wind turbines to generate energy, a rainwater collection system, and a geothermal energy source, allowing it to save energy costs and reduce its carbon footprint by 34,000 metric tons a year. This is why it is Platinum certified by LEED, underscoring its commitment to sustainability.

2. The Edge:

Built in 2014, the Edge is often hailed as the world’s most sustainable office building. This high-tech masterpiece, situated in Amsterdam, is not only smart, but it also consumes 70% less energy than a traditional office building. It is recognised as a net-positive energy building because it generates more energy than it consumes, thanks to its 65,000 sq ft of solar panels and its energy-efficient design. The Edge features an intelligent system that not only stores thermal energy but also optimizes natural lighting and reuses energy, reducing the need for artificial lighting and heating. This earns it a 98.4% sustainability score on BREEAM's rating system, primarily because of its use of sustainable materials like glass.

3. One Central Park:

One Central Park in Sydney, Australia, is an innovative multi-residential complex known for its vertical gardens. Plants cover the building’s façade to not only enhance its aesthetic appeal but to also improve air quality. To add to this, the complex has a central thermal plant that provides renewable energy, heating, and cooling. Additionally, it features a rainwater harvesting system and uses low-energy lighting. Thus creating a building that harmonizes with nature while also reducing environmental impact.

4. The Crystal:

The Crystal, located in London, is one of the world’s most sustainable buildings and a symbol of sustainable urban development. It is an events venue that was a sustainable cities initiative by Siemens. The building is fully electric, powered by solar energy, and heated through a ground-source heat pump. This allows it to save on energy costs. It also incorporates a water harvesting and recycling system as well as an ingenious management system that regulates the building’s energy. In essence, the Crystal showcases innovative environmental technology, and operates with zero carbon emissions, making it a notable net-zero building.

5. Bullitt Center:

Considered the most sustainable commercial building in the world, the Bullitt Center in Seattle, USA, is a model of sustainability. It is another net-positive energy building and relies entirely on renewable energy, with a large solar array on its roof. It also utilizes a rainwater filtration system for converting rainwater to potable water. Additionally, it uses geothermal wells for heating and cooling the building and has composting toilets. To add to this, the center can last 250 years, promoting a long-term sustainability approach and therefore making it a trailblazer in sustainable architecture.

6. One Angel Square:

One Angel Square in Manchester is another sustainable office building in Europe that has a BREEAM rating of "Outstanding." The building is powered by a CHP (Combined Heat and Power) system run using rapeseed oil. It also uses geothermal earth tubes for natural ventilation and has a rainwater harvesting system to reduce water consumption, making it highly sustainable.

7. Bosco Verticale:

Bosco Verticale, or "Vertical Forest," are two residential towers in Milan, Italy, that integrate dense tree coverage on their balconies. These towers host over 20,000 trees and plants, which help absorb CO2, reduce pollution, and enhance biodiversity in the city. The building also promotes energy efficiency by providing natural insulation and minimizing the need for artificial cooling and heating.

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In essence, these seven buildings exemplify the future of sustainable architecture and sustainable engineering. By integrating renewable energy, resource efficiency, and innovative designs, they set new standards for future construction. Thus, as the world continues to focus on reducing carbon footprints and building smarter cities, these structures serve as inspiring models for architects and developers globally.

Redcity recognizes the value of these exceptional buildings and more, which is why we prepared this enlightening list.

To check out more exciting news and updates, visit our blog here. Discover all of our products and services here and request a quote here to get started. Also, check out our newly launched YouTube channel here and follow us on Instagram so you don't miss out on any important announcements.

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The Unexplored Potentials of Micro-grid Kiosks

In the face of growing energy demands, soaring oil prices, climate change, and the need for sustainable development, innovative energy solutions are becoming increasingly essential.

One such solution is the micro-grid kiosk, a small, decentralized energy system that provides electricity to underserved or remote communities. These kiosks represent a promising approach to bridging the energy gap, particularly in regions where traditional grid infrastructure is either unreliable or non-existent.

What Are Micro-grid Kiosks?

Micro-grid kiosks are compact, self-contained energy systems designed to generate, store, and distribute electricity locally. Unlike conventional grids that rely on centralized power plants and extensive transmission networks, micro-grid kiosks operate independently, often utilizing renewable energy sources like solar, wind, or biomass. This independence allows them to provide power to isolated or off-grid communities that might otherwise remain in the dark.

Typically, a micro-grid kiosk includes solar panels, batteries for energy storage, and a control system that manages the distribution of electricity. However, some may also integrate wind turbines or other renewable energy technologies, depending on the available resources in the area. The electricity generated can power homes, schools, small businesses, and even health clinics, providing a critical service to communities that lack reliable access to energy.

The Benefits of Micro-grid Kiosks

Energy Access in Remote Areas:

Micro-grid kiosks are particularly valuable in remote or rural areas where extending the traditional grid is either too costly or technically challenging. By bringing power directly to these communities, micro-grid kiosks help to improve the quality of life, enabling better education, healthcare, and economic opportunities.

Sustainability:

Using renewable energy in micro-grid kiosks contributes to reducing carbon emissions and combating climate change. Solar panels, for example, produce clean energy while minimizing reliance on fossil fuels and also mitigating environmental impact.

Resilience and Reliability:

Micro-grid kiosks are inherently resilient. Because they operate independently of the larger grid, they are less susceptible to widespread power outages caused by natural disasters or infrastructure failures. This reliability is crucial for maintaining essential services, especially in vulnerable or disaster-prone areas.

Economic Empowerment:

By providing consistent and affordable electricity, micro-grid kiosks can stimulate local economies. Thus, they enable small businesses to operate more effectively, create job opportunities, and support the development of local industries. Additionally, local communities can manage and maintain the kiosks, fostering entrepreneurship and technical skills.

Scalability and Flexibility:

Micro-grid kiosks are versatile systems that can be tailored to meet the unique needs of a community. They can start small, powering a few homes or businesses, and expand as demand grows. This flexibility allows for gradual investment and development, making it easier to adapt to changing circumstances.

 

In light of these benefits, organizations across the globe have deployed micro-grid kiosks in various forms, demonstrating their potential to transform remote communities. For instance, in countries like Kenya and Nigeria, solar-powered microgrid kiosks have enabled students to study after dark, improved access to healthcare, and supported the growth of local businesses.

Also, in India, micro-grid kiosks set up in rural areas supply electricity for basic needs such as lighting, etc. These kiosks often serve as community hubs, offering additional services like internet access and water purification, further enhancing their value to the community.

Challenges

However, despite their many advantages, microgrid kiosks face several challenges. To begin, setting up these systems can be expensive, especially for financially disadvantaged areas. Additionally, maintenance and technical support are crucial for the long-term sustainability of these systems, requiring ongoing training and investment in local capacity building.

Nevertheless, as technology advances and the costs of renewable energy components continue to fall, the feasibility of microgrid kiosks is improving. Innovations in battery storage, for instance, are enhancing the ability of microgrid kiosks to provide consistent power even without the required weather conditions. Furthermore, international development organizations, governments, and private companies like ENGIE Energy are increasingly recognizing the potential of microgrid kiosks, leading to greater investment and support.

In essence, microgrid kiosks represent a powerful tool in the quest for universal energy access. As such, as the world continues to prioritize sustainability and inclusive development, microgrid kiosks will likely play an increasingly important role in shaping the future of energy distribution, empowering communities, and driving economic growth across the globe.

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5 Ways to Mitigate Climate Change

Climate change is an undeniable reality affecting every corner of the globe. As a result, issues like rising temperatures, changing weather patterns, and extreme weather conditions are increasingly changing the natural world and human societies as a whole.

The impacts of climate change are evidently profound, and addressing them requires urgent global cooperation and innovation. With that said, here are a few ways climate change has impacted the world:

Effects of Climate Change

Rising Temperatures:

The Earth's temperature has risen by about 2 degrees Fahrenheit since the late 19th century, with the past few decades experiencing the most intense warming. According to NASA, 2023 was the warmest recorded year since 1850. This rise is largely attributed to the accumulation of greenhouse gases such as carbon dioxide (CO2) and methane in the atmosphere, primarily from burning fossil fuels, deforestation, and industrial activities.

Melting Ice and Rising Sea Levels:

The rise in temperature, has brought about a concerning increase in the rate at which polar ice caps and glaciers are melting. As a result, the Arctic sea ice is actively shrinking, and the Greenland and Antarctic ice sheets are slowly losing mass. This melting has led to a rise in sea levels, which threaten coastal areas around the world. Furthermore, low-lying areas, including parts of Bangladesh, the Maldives, and coastal cities like Miami and Jakarta, face increased flooding and land loss.

Extreme Weather Events:

Climate change is intensifying the rate and severity of extreme weather conditions. As a result, hurricanes, typhoons, and cyclones are becoming more powerful and destructive. Moreover, heatwaves are becoming more frequent and intense, leading to increased mortality rates and straining energy and water resources. Droughts are also affecting water availability and agricultural productivity, while heavy rainfall and flooding cause damage to infrastructure and the displacement of populations.

Ecosystem Disruption:

Many ecosystems are struggling to adapt to the rapid changes in climate. For example, coral reefs, which support a quarter of all marine species, are experiencing widespread bleaching due to warmer ocean temperatures. Forests are also facing increased risks from wildfires, pests, and diseases. Furthermore, biodiversity loss is accelerating, with many species unable to migrate or adapt quickly enough to survive the changing conditions.

Human Health:

Climate change also affects human health in various ways. Heat strokes, air pollution, and the spread of vector-borne diseases like malaria serve as potential risks to human health and are becoming more prevalent as the climate changes. Food and water security are also threatened as changing weather patterns and extreme weather events gravely impact agriculture and water supply.

Although the effects of climate change are devastating and worrisome, to say the least, certain solutions can be adopted to help alleviate the impact of this global issue. Thus, here are 5 ways to mitigate climate change:

Ways to Mitigate Climate Change

Renewable Energy Transition:

In reducing greenhouse gas emissions, shifting towards renewable energy sources such as solar, wind, and hydropower is crucial. A number of companies and forward-thinking individuals are already taking the lead in harnessing these sources of energy. With the rise in technological advancements, the shift to renewable energy sources is becoming more affordable and plausible, leading to increased adoption worldwide.

Climate Finance:

Financial support for developing countries is another way essential for effective climate action. Climate finance aims to assist these nations in transitioning to low-carbon economies and building resilience against climate impacts. Thus, various financial mechanisms like The Green Climate Fund (GCF), play a vital role in mobilising resources.

Adopting Innovative Technologies:

Innovations in technology, from carbon capture and storage (CCS) to advanced agricultural practices, are also critical for mitigating and adapting to climate change. Because of this, research and development in these areas are receiving increased attention and investment. Similarly, various companies around the world are adopting other innovative solutions to help mitigate the effects of climate change.

Public Awareness and Action:

Another way to help mitigate the effects of climate change would be by raising public awareness about climate change and encouraging individual and collective action. Grassroots movements, youth activism, and community-based initiatives like the Green Campus Initiative in Nigeria are driving efforts for stronger climate policies and practices.

Green Investing:

Green investing, which focuses on funding environmentally sustainable projects and companies, is an integral part of the global response to climate change. Investors are increasingly acknowledging the financial and environmental benefits of supporting sustainable practices in various fields and industries. For example, green bonds, sustainability-linked loans, and impact investing are channels through which capital is directed towards projects that contribute to climate mitigation and adaptation.

 

In summary, climate change is a global challenge that requires collective action and urgent responses. The impacts are diverse and far-reaching, affecting every aspect of life on Earth. However, through joint efforts, countries can definitely alleviate the devastating effects of climate change and develop a more sustainable future. Thus, through international cooperation, innovation, and commitment to sustainable practices, the world can rise to this unprecedented challenge and also protect the planet for future generations.

Redcity is an advocate for mitigating climate change. By recycling and upscaling metal waste products and also creating awareness, we contribute to reducing environmental waste while also enlightening the public about the dangers of climate change and various ways to control it. In addition, we design and build structures made from metal materials such as shipping containers, oil drums, metal scraps, and so on, for businesses and individuals alike. Our goal is to develop affordable infrastructure through recycling and adopting other sustainable solutions.

To discover more about our services, simply click here. Lease any of our products here or request a quote here to get started. You can also get more exciting news and updates here.

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7 Venture-capital Firms Investing in ESG Startups

In the dynamic world of venture capital, a new generation of firms is making waves around the world. From Europe to Africa, Asia, and North America, these firms are revolutionizing the business scene by investing in ESG startups.

However, they are not only providing much-needed capital to these startups but also nurturing innovation and driving sustainable growth in their respective regions. Additionally, by investing in ESG efforts, these firms incentivize more startups to adopt ESG practices in actualizing their innovative ideas, thus promoting positive environmental and social reforms.

Here, we delve into the unique focus and strategies of 7 venture capital firms investing in ESG startups:

1. 10x Founders:

Based in Germany, 10x Founders supports early-stage tech startups around the world, especially in the DACH region (Germany, Austria and Switzerland). Additionally, the firm leverages a robust network of successful entrepreneurs and investors to provide not just capital but strategic mentorship and resources. With a focus on sectors such as software, fintech, and deep tech, 10x Founders aims to accelerate the growth of innovative, sustainable startups, ensuring they have the tools and support to grow effectively. A few of these remarkable startups that the firm supports include: Fernride, sustainable logistics company; Cyclib, a startup that sustainably recycles batteries for electric vehicles; and Lenco, a Nigerian-built mobile bank app for freelancers, SMEs, and tech startups.

2. 100X.VC:

Over in India, 100X.VC is a venture capital firm that stands out for its distinctive approach to early-stage investments. The firm utilizes iSAFE (India Simple Agreement for Future Equity) notes to streamline the investment process. This approach is designed to be more founder-friendly, making it easier for startups to secure the initial capital needed to grow. Moreover, 100X.VC's portfolio spans a wide range of sectors, including technology, consumer goods, healthcare, and education, all aimed at fostering significant players in their industries. As a result, you can find startups like Battery Pool, BreatheESG, and Emo Energy among the ESG-compliant companies supported by 100X.VC.

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3. 20 Ventures:

In Italy, 20 Ventures is making its mark by providing hands-on support to early-stage technology-driven startups. Furthermore, the firm focuses on sectors such as digital health, artificial intelligence, and clean technology in a bid to support innovative solutions that can disrupt traditional markets. Their approach basically involves deep engagement with their portfolio companies, ensuring they receive the guidance and resources needed to thrive in competitive markets. Sustainable startups like Levante are one of such companies backed by 20 Ventures.

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4. A2D Ventures:

Based in Thailand, A2D Ventures is a venture capital firm that prioritizes investing in early-stage startups across Southeast Asia. The firm seeks to accelerate the growth of innovative startups so as to enable them to create more job opportunities, empower individuals, and also contribute to the sustainable growth and development of southeast Asia. A2D Ventures raises capital for these startups through their large community of angel investors and family offices. The firm is committed to backing visionary entrepreneurs that have the potential to disrupt industries and create new market opportunities. Notably, sustainable startups like Sleek EV and Baniql are among the remarkable companies backed by A2D Ventures.

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5. ABB Technology Ventures:

ABB Technology Ventures (ATV) is the corporate venture capital arm of ABB Group, a global leader in industrial technology and automation. ATV focuses on investing in breakthrough technologies that align with ABB's core business areas, including robotics, industrial automation, electrification, and digitalization. The firm targets early-stage to growth-stage startups that are developing innovative solutions capable of transforming industries and driving sustainability. ABB Technology Ventures provides not only financial support but also access to ABB's vast industrial expertise, global market presence, and extensive customer base, which can significantly accelerate a startup's development and market penetration. In a bid to achieve their goal of enabling a more sustainable future, they are actively investing in sustainable startups like Lumin, Direct Energy Partners, and Okto Grid.

6. Alpha Intelligence Capital VC Firm:

Alpha Intelligence Capital (AIC) is a venture capital firm specializing in artificial intelligence and deep-tech investments. AIC focuses on backing startups that are leveraging AI to create transformative solutions across various industries, such as healthcare, finance, transportation, and cybersecurity. As a result, they seek out companies with strong technical foundations and the potential for significant market impact. AIC provides its portfolio companies with deep domain expertise, strategic insights, and a robust network of industry connections to help them navigate the complexities of scaling AI-driven technologies. This is because their mission is to support the next generation of AI innovators and help them achieve global success. Said innovators include startups like Our Next Energy.

7. The Catalyst Fund:

With over 80 portfolio startups accelerated by them, The Catalyst Fund focuses on supporting innovative fintech and sustainability-driven startups in developing regions, especially in Africa. Since its launch in 2015, the firm has positioned itself as a key player in the global effort to expand financial access and resilience among low-income communities. Its aim is to support entrepreneurs with innovative ideas that can tackle challenges plaguing the world today, most especially climate change. This is why it actively invests in firms like Bekia, Biobuu, Coldhubs, Farmz2U, NoorNation, Thola, and much more.

In essence, these seven venture-capital firms exemplify the diverse and vibrant landscape of venture capital across different regions. Each firm brings a unique approach to supporting startups, tailored to the specific needs and opportunities within their regions.

Moreover, they are not only funding the future but actively shaping it. As they continue to nurture the next generation of successful startups, their impact will undoubtedly resonate across the global economy and encourage sustainable development.

Like the startups supported by these VC firms, Redcity is also ESG compliant. Discover the services we offer here and click here for more news and updates.

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Redcity's Global Sustainability exhibition is scheduled for June 27th, 2024 - June 29th, 2024.

Theme: Sustainability in Emerging Economies

This is a virtual exhibition and conference that brings together business leaders, industry experts, investors, and decision-makers in the sustainability and ESG sectors.

With the constant rise in global temperatures, changes in climate, and many more environmental issues impacting the globe, the need for sustainable solutions cannot be understated.

The purpose of the exhibition is to showcase and create networking opportunities for sustainability-focused companies across the globe and drive sustainability development in Africa.

There are four ways to participate:

Attendee Pass:

As an attendee, you will have the opportunity to join the online meetings. You also get to ask questions, share thoughts with the speakers, and network.

Exhibitor Pass:

As an exhibitor, you will have the opportunity to exhibit and educate about your product, and schedule a one-on-one session with a pre-selected participating company. You also access networking opportunities, feature in the Global exhibition film, and include promotional material for your brand throughout the event.

Initiator Pass:

With the Initiator pass, you will have the opportunity to exhibit and educate about your product. You get to schedule one-on-one sessions with 5 pre-selected participating companies. You are also open to specialized networking opportunities, featuring in the film, and promotions for the event. In addition, you get to partner with Redcity for the next 12 months to facilitate entry into African markets (Nigeria, Ghana, Cote d'Ivoire, South Africa, Kenya, Tanzania, Morocco, Senegal, & Ethiopia).

Connector Pass:

The connector pass gives direct and immediate access to all participating companies including scheduling one-on-one sessions with as many of them as needed, featuring in the global exhibition film with interview sessions, and promotional opportunities. Partnership with Redcity for the next 24 months to facilitate entry into African markets (Nigeria, Ghana, Cote d'Ivoire, South Africa, Kenya, Tanzania, Morocco, Senegal, & Ethiopia), including introductions to relevant parastatals, and a 3-month offline activation project launching in June.

Please note that all passes are limited so every participant can get the most out of the exhibition.

To participate, register here.

In summary, the exhibition will be a significant milestone in the sustainability and ESG sector globally. It will as well increase visibility, provide profitable partnerships, investment opportunities, and early go-to-market research.

View our 500 Global ESG ranking here to see where you placed. Also, learn how you can improve that rating here.

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5 Easy Ways to Improve your ESG Rating

Now, more than ever, ESG has become the most important framework for determining a company's level of sustainability and ethicality. As a result, investors, consumers, and other stakeholders increasingly scrutinise companies based on their ESG performance.

Consequently, a high ESG rating not only signifies a commitment to sustainability but also reflects sound management practices and risk mitigation strategies.

For this reason, it is important that companies adopt sustainable practices to not only improve their ESG ratings but to also make positive impacts in society. With that said, here are 5 easy ways to improve your ESG rating:

•Training:

Empower your workforce with the expertise and knowledge needed to integrate sustainability into every aspect of your operations. By offering training programs, like Redcity's sustainability course, you can enlighten them on various eco-friendly practices. This way, you foster a culture of sustainability and can ensure that employees are actively engaged in driving positive change within the organization.

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•Repurposing:

Repurposing is a great way to not only reduce your environmental footprint but also cut costs. Whether it's finding innovative ways to reuse waste products, like discarded shipping containers or even sawdust and wood ash, or refurbishing equipment instead of purchasing new ones, repurposing is a good way to improve one's ESG rating. Essentially, exploring opportunities to repurpose materials and resources within your business processes helps drive your sustainability efforts.

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•Choose Eco-friendly Solutions:

Another way to improve your ESG rating is by opting for eco-friendly alternatives when procuring supplies or even event materials. Select products and vendors that prioritise sustainable sourcing, production, and packaging practices. For example, when organising or attending events or exhibitions, consider using eco-friendly booths made from recycled materials or renewable resources. By making conscious choices at every stage of your procurement process, you can minimise environmental impact and enhance your ESG performance.

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•Upscaling:

The act of upscaling involves transforming waste materials like metal scraps, cans, plastics, etc. into products of greater quality and value. This helps reduce waste while also giving it a newer and better purpose. Oil drums, for example, can be upscaled to create innovative furniture or equipment. Companies like Quadloop are experts in upscaling and have transformed various electronic waste materials into better yet inexpensive quality products for families and businesses in Africa.

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•Sustainable investing and partnerships:

Align your investment strategies with ESG principles by directing capital towards companies and projects with strong ESG credentials. You can consider integrating ESG criteria into your investment decision-making process or partnerships and actively engaging with portfolio companies to drive positive change. By supporting sustainable initiatives, you not only generate financial returns but also contribute to broader societal and environmental goals. Take Google, for example, who, in their efforts to push sustainable causes, invested in an air testing initiative in Uganda.

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In summary, by implementing these practical steps, you can enhance your ESG rating, strengthen your resilience, and create long-term value for all stakeholders. Upholding sustainability is both a moral and strategic imperative for building a more resilient and inclusive future. This way, you can also become a part of the top-ranked companies in Redcity's Global 500 ESG ranking.

Just like you, we also prioritise sustainability and eco-friendly practices, and a few of our services include repurposing shipping containers, building eco-friendly booths, training, etc. To check out more of our services, visit here. Request a quote, and begin your sustainability journey with us.

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The Top-ranked Companies on Redcity's Global 500 ESG Ranking

In today's corporate landscape, Environmental, Social, and Governance (ESG) criteria have become crucial benchmarks for assessing a company's sustainability and societal impact.

This is because the world is increasingly prioritising ethical practices. As a result, companies are under scrutiny to demonstrate their commitment to ESG principles. This way, companies are not only compelled to reduce their waste, which makes up 25% of the world’s annual waste; they're also made to create suitable labour conditions while adopting proper governance principles.

As a way of highlighting companies already adopting ESG policies and motivating more to do the same, we ranked 500 companies across the globe based on their ESG impact. Here are the top-ranked on our list:

1. Hanwha Corp:

Hanwha is a South Korean conglomerate with operations in a diverse range of industries such as explosives, energy, construction, aerospace, mechatronics, and more. It has been proactive in developing eco-friendly solutions to environmental problems and promoting social welfare. By constructing renewable energy facilities, utilising advanced eco-friendly technology in water treatment, and much more, this multi-industrial conglomerate has undoubtedly succeeded in upholding ESG principles. From renewable energy investments to eco-friendly manufacturing processes, Hanwha is making strides in all ESG dimensions. This is why it continuously received an all-inclusive A rating from KCGS from 2021 to 2023 and also takes the top spot on our list.

2. BYD:

BYD is a Chinese electric vehicle (EV) manufacturer. As a fierce competitor to Tesla, the company is also a leader in sustainable transportation. By ending its production of combustion-powered vehicles to fully focus on electric vehicles in 2022, BYD was able to not only become the world's third largest EV battery producer but also surpass Tesla as the world's top-selling EV manufacturer in 2023. With an ESG score of 67.34 from ESGbook,it's clear that its focus on EVs, energy storage solutions, and green technologies, as well as its commitment to corporate social responsibility, are why it excels in its ESG performance.

3. Ceer:

Operating in Saudi Arabia, Ceer is another EV manufacturer, considered the first of its kind in Saudi Arabia. It focuses on offsetting carbon emissions through its innovative projects. By utilising renewable energy and implementing sustainable practices, Ceer contributes positively to the environment while also improving societal welfare through the creation of new and valuable job opportunities.

4. Tesla:

Well known for its electric vehicles and renewable energy endeavours, this American company remains a frontrunner in ESG rankings. Tesla's innovative technologies, commitment to clean energy, and transparent governance practices have propelled it to the top, despite occasional controversies.

5. Quadrofoil:

Quadrofoil is a Slovenian company that builds electric boats, bringing sustainability to the maritime industry. It uses hydrofoil technology to create futuristic battery-powered watercraft that are noiseless and can seamlessly navigate waters. In this manner, Quadrofoil helps reduce water pollution and reliance on fossil fuels while also promoting eco-tourism and marine conservation efforts, earning it a top spot on our list.

6. Zenrin:

Zenrin is a Japanese map publishing company specialising in digital mapping systems for cars. By partnering with Pioneer to develop excellent navigation systems for EVs to make them more convenient and easier to drive, it helps accelerate the shift to new energy vehicles, thereby reducing carbon emissions and the reliance on fossil fuels. Zenrin's efforts to make EVs a more appealing option as a way of achieving carbon neutrality, as well as its societal contributions, make it a high-ranking ESG company.

7. Tetra Aviation:

Pioneering electric plane models, Tetra Aviation is a Japanese start-up revolutionising air travel with its eVTOL aircraft. Its ESG ranking is elevated by its efforts to promote sustainable aviation, address environmental concerns associated with traditional aircraft, and make air travel more convenient and comfortable.

8. The Catalyst Fund:

The Catalyst Fund is a global VC fund provider and start-up accelerator primarily investing in Africa. It provides venture capital (VC) funds for eco-conscious projects that drive positive social and environmental change. By supporting sustainable businesses and initiatives across the continent, The Catalyst Fund contributes to inclusive growth and development, thereby promoting ESG principles.

9. Triconti ECC:

Triconti ECC is a female-owned company based in the Philippines that focuses on providing clean energy solutions to the country. Established in 2014, the company's ESG efforts are witnessed through its use of wind energy as a renewable power source to not only reduce carbon emissions but also provide cheaper energy alternatives to members of society. To further drive its ESG efforts, Triconti also delivers project development and technical assistance to wind projects within and outside the Philippines.

10. Volocopter:

Similar to Tetra Aviation, this German aircraft manufacturer specialises in designing electric helicopters, or eVTOL aircrafts, as air taxis for urban cities. Volocopter stands at the forefront of urban air mobility innovations, ensuring zero in-flight emissions as well as a silent and safe transport alternative for consumers. Because of this, its ESG ranking reflects contributions to reducing traffic congestion, carbon emissions, and noise pollution in urban environments.

11. JéGO:

Another high-ranking ESG company worth mentioning is JéGO Technologies, Inc. JéGO is the first black-owned autonomous vehicle manufacturer based in the US. Established by Nigerian-born engineer Frederick Akpoghene, the company specialises in developing self-driving pods and buses. JéGO aims to "save lives, drive businesses forward, and empower individuals to embrace clean, shared, and innovative e-mobility opportunities." This way, it addresses both environmental and social needs. Its ESG ranking comes from its provision of clean transportation solutions while connecting consumers to mobile healthcare and other business services with its innovative self-driving technology.

Essentially, the ESG rankings of these companies reflect their efforts to integrate sustainability, social responsibility, and ethical governance into their business practices. While each company has strengths in different areas, a persistent commitment to ESG principles is crucial for long-term success and positive societal impact. Additionally, with constant increases in fines and penalties for ESG violations, adhering to ESG principles is becoming increasingly important.

Learn more about our ESG ranking here and see where you compare. To also learn how you can improve your ESG score, check out this short guide to ESG.

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Highlights from Redcity's Sustainability Webinar.

A little over two days ago, Redcity launched its much-anticipated online course on sustainable engineering in Africa. The launch commenced with a webinar held from 10a.m. – 3p.m. on the 5th of April, 2024, and another from 10a.m. – 3p.m. on the 6th of April, 2024.

The purpose of the launch was to introduce participants to the concept of sustainable engineering. This way, more individuals learn about the importance of sustainability and become motivated to participate in more sustainable practices for a greener tomorrow.

Here are a few highlights from Redcity's sustainability webinar.

The founder of Redcity, Morountodun Obaigbo, headed the webinar which centered around the topic "Engineering the Future of Cities in Africa''. It welcomed over 100 participants from all across Africa, surpassing its initial goal of 100 participants.

Key Takeaways to Remember

• Identifying problems with everyone in mind is necessary to developing effective solutions for future cities.

• In sustainable development and innovation, many subcategories of engineering interrelate in developing solutions for future African cities.

In summary, the launch was a success and ultimately received positive feedback. Participants learned the value of sustainability in engineering as well as the various categories and subcategories of engineering involved in sustainable development. They were also introduced to a list of African companies already leading the way in sustainable development. Companies such as:

Redcity

Bboxx

Awa Bike

Quadloop

Arnergy Solar

Solynta Energy

Sistema Bio and much more

Once again, we would like to say a huge thank you to all who took the time to register for our course and join our webinar. We also hope to see many more participants in the coming future.

If you would also like to register for our free course and get certification after completing it, simply click here to get started. We can't wait to have you join!

What interesting fact(s) did you take away from our webinar on engineering sustainable cities in Africa? Comment below.

   

7 African Companies Building a Sustainable Future

Africa's economic landscape is gradually evolving, driven by a new wave of innovation that prioritizes sustainability. Across the continent, a number of visionary companies are reshaping industries by harnessing renewable resources and championing environmentally conscious practices.

From the sun-drenched plains of Kenya to the bustling urban hubs of Nigeria, these enterprises are not only challenging the status quo but also redefining what it means to build a prosperous future. Here, we take a look at 7 of these African companies building a sustainable future for a greener tomorrow.

 

1. Quadloop:

Using electronic waste products, this Nigerian-based company founded by Dozie Igweilo, develops affordable solar lamps and home systems. This way, Quadloop doesn't only help with waste reduction but also creates renewable energy solutions for homes and businesses. Additionally, their innovative and affordable solar products make renewable energy accessible to a wide range of customers, thereby contributing to both economic development and environmental sustainability.

https://www.instagram.com/p/C4RSNA9t3JB/?igsh=NTc4MTIwNjQ2YQ==

2. Green Campus Initiative:

The Green Campus Initiative is a Nigerian organization founded by Adenike Akinsemolu. The organization is dedicated to promoting sustainable practices within educational institutions. They work with universities and colleges to implement eco-friendly initiatives such as waste reduction, renewable energy adoption, and environmental education programs. In this manner, they encourage the next generation to adopt more eco-friendly practices, thus ensuring a greener tomorrow.

3. Arnergy Solar:

Arnergy Solar is also a Nigerian-based company. Established by Femi Adeyemo, the company specializes in providing solar energy solutions for businesses and communities. By leveraging Africa's vast solar resources, Arnergy Solar helps minimize reliance on fossil fuels while also expanding access to clean and affordable electricity.

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4. Awa Bike:

Awa Bike, founded by Ifeoluwa Ogundipe, is a Nigerian company reimagining urban transportation with its electric bike-sharing platform. By providing convenient, eco-friendly alternatives to traditional modes of transportation, Awa Bike reduces congestion and air pollution and also eases the stress of commuting. Their innovative approach to mobility promotes sustainable urban development while enhancing accessibility and connectivity for urban residents.

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A post shared by Awa Bike NG (@awabikeng)

 

5. BasiGo:

BasiGo is another company transforming the transportation sector with its development of electric buses. Established by Jit Bhattacharya and Jonathan Green, this Kenyan-based company embraces sustainability and technological advancement. BasiGo's electric buses offer a cleaner and greener alternative to traditional diesel buses. By reducing emissions and promoting renewable energy use in public transportation, BasiGo is helping to build more sustainable and inclusive cities across Africa.

https://www.instagram.com/p/ComTROboqpk/?igsh=NTc4MTIwNjQ2YQ==

6. Flexi Biogas Solutions:

Flexi Biogas Solutions is a Kenyan startup founded by Dominic Wanjihia. They design and install biogas systems for households, farms, and small businesses. Biogas technology utilizes organic waste to produce clean cooking gas and fertilizer, offering a renewable energy source while reducing methane emissions from waste decomposition. The company's innovative biogas systems provide an affordable and sustainable energy solution for off-grid communities, helping improve livelihoods and protect the environment.

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7. E-Safiri Charging Ltd.:

E-Safiri Charging Ltd. is another Kenyan startup pioneering electric vehicle (EV) charging infrastructure across the country. As the demand for electric transportation grows, E-Safiri is developing a network of charging stations to encourage the adoption of EVs and reduce reliance on fossil fuels for transportation. This way, E-Safiri contributes to Kenya's efforts to mitigate air pollution and combat climate change while driving economic development in the renewable energy sector.

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A post shared by E-Safiri (@esafi_ri)

Clearly, these seven companies exemplify Africa's potential to lead the way in sustainable development. Through innovation, they don't only address pressing challenges but also create opportunities for inclusive growth and development.

Like these companies, Redcity is also leading the way towards a more sustainable Africa. Through our efforts in sustainable construction, we create affordable yet long-lasting structures that not only help the environment but serve their purpose effectively. Click here to learn more about the services we offer.

What do you think about these 7 African companies building a sustainable future? Comment below.

 

Why Repurposing Shipping Containers Became Popular.

In the world of architecture and design, innovation often stems from unexpected sources. Particularly, one such source that has gained significant attention in recent years is repurposing shipping containers.

What once served as sturdy vessels for transporting goods across the globe now finds new life as trendy homes, offices, cafes, and even art installations. But when did this trend truly take off?

The popularity of repurposed shipping containers can be traced back to the early 2000s. While the concept of converting containers into habitable spaces dates back further, it was during this time that it began to capture mainstream attention. Several factors contributed to why repurposing shipping containers became popular.

1. The Need for More Sustainable Practices:

Firstly, there was a growing awareness of sustainability and eco-friendly practices. Shipping containers, made of durable steel, offered a green alternative to traditional building materials. By repurposing these containers, architects and designers could reduce construction waste and lower their environmental footprint. This appeal to eco-conscious consumers helped propel the trend forward.

2. Its Cost-effectiveness:

Additionally, the affordability of shipping containers played a significant role. Compared to conventional construction methods, repurposing containers often proved more cost-effective, making it an attractive option for individuals and businesses with limited budgets. Moreover, the modular nature of containers allowed for easy customization and scalability, offering endless possibilities for design and layout.

3. The Popularity of Tiny Houses:

The rise of the tiny house movement also contributed to the popularity of repurposed shipping containers. As people sought alternatives to oversized, resource-intensive homes, the compact size of containers provided an ideal solution. These minimalist dwellings offered a simpler, more sustainable way of living, appealing to those looking to downsize and embrace a more minimalist lifestyle.

4. The Versatility of Shipping Containers:

In addition, as the trend gained momentum, examples of innovative container architecture began to emerge worldwide. From sleek urban apartments to cozy countryside retreats, containers showcased their adaptability across various settings. Entrepreneurs recognized the potential of container structures for commercial use, leading to the rise of container-based businesses such as cafes, shops, warehouses, and pop-up stores.

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5. Their Aesthetic Appeal:

Furthermore, the aesthetic appeal of shipping containers played a significant role in their popularity. With their industrial charm and modern aesthetics, containers offered a unique visual appeal that resonated with contemporary design sensibilities. Architects and designers embraced this rugged elegance, incorporating containers into upscale residential and commercial projects.

6. The Media:

The media also contributed significantly to popularizing the trend, with several articles, television series, and social media platforms highlighting the ingenuity of container architecture. This exposure helped fuel public interest and inspire a new wave of container enthusiasts.

Today, the trend of repurposing shipping containers continues to evolve and expand. From innovative housing solutions to creative retail spaces and beyond, containers have cemented their place in the realm of sustainable design. As such, their impact on the way we approach construction and design is undeniable.

Moreover, as the world grapples with environmental challenges and seeks innovative solutions, the humble shipping container emerges as a creative and resourceful solution to the eco-harmful practices in the construction world.

At Redcity, we specialize in transforming shipping containers into remarkable spaces. Discover many of our services here, or request a quote to get started. Allow us to build you a container space that not only suits your needs but also makes you a sustainability advocate.

What are your thoughts on "Why repurposing shipping containers became popular"?

Comment below!