Businesses in every industry are acknowledging the strategic importance of sustainability initiatives. But without a way to gather, track, and compare data across business units, industries, and locations, it’s hard for them to tell how they’re really doing when it comes to greening their supply chains and operations. A recent survey commissioned by software provider IFS demonstrates the need for green metrics and enterprise software systems to support such environmental data.
The study, conducted in the U.S., Scandinavia, and Benelux, showed that more then 80% of respondents want to track their environmental footprint. But almost half of the U.S. companies reported that they didn’t have enterprise software systems to track this data, and 42% said that the existing systems were too limited to truly capture environmental impacts.
Tesla’s new partnership with Toyota comes at a trying time in the history of both companies. The recent announcement initially seemed to be good news for these two leaders in the burgeoning green car market. But Tesla’s amended S-1 filing released May 27 indicates that perhaps the deal isn’t as rosy as it first appeared–at least for Tesla.
The agreement hinges on three key points:
- Tesla will purchase Toyota’s recently closed NUMMI factory in Fremont, Calif.
- Toyota will invest $50 million in Tesla when the company goes public.
- The companies will partner to develop a more affordable electric car, capitalizing on key aspects of Tesla’s IP while incorporating the economies of scale and high performance Toyota is known for.