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Digital Smart Waste Management Solutions Market is expected to grow significantly by 2034 | Exactitude Consultancy
GlobeNewswire News Room· 2025-06-12 14:25
Market Overview - The global digital smart waste management solutions market is valued at approximately USD 5.8 billion in 2024 and is projected to reach nearly USD 12 billion by 2034, with a CAGR of 7.5% from 2025 to 2034 [1] - The growth is driven by technological innovation, urbanization, environmental consciousness, and regulatory mandates for efficient waste disposal systems [1][18] Technology and Solutions - Smart waste management is increasingly adopted across municipalities and industries, utilizing technologies such as IoT, AI, data analytics, and cloud computing to optimize waste collection and processing [2] - Smart bins with sensors for real-time monitoring are gaining traction, enhancing operational efficiency and reducing collection frequency [3] - Waste tracking software holds about 25% market share, aiding in continuous tracking of waste generation [4] - Data analytics platforms provide actionable insights for long-term sustainability initiatives [5] Application Segmentation - Municipal waste management dominates the market with a 40% share, driven by urbanization and smart city developments [6] - Industrial waste management follows with a 30% share, influenced by regulatory requirements for hazardous waste handling [7] - The commercial segment accounts for around 20%, while residential waste management is emerging with approximately 10% share [7] Technology Segmentation - IoT-based solutions comprise nearly 40% of the market, forming the backbone of smart waste ecosystems [8] - AI and machine learning technologies hold a 25% market share, optimizing collection routes and predicting waste generation trends [9] End User Segmentation - Waste management companies lead the market with a 35% share, followed by government bodies at 30% [10] - Corporates and residential users are smaller segments but are gaining momentum due to rising environmental awareness [11] Regional Insights - North America captures approximately 40% of the global revenue, supported by advanced infrastructure and high adoption of digital technologies [12] - Europe holds about 30% market share, with strong governmental commitment to sustainability [13] - The Asia-Pacific region, with a 25% share, is the fastest-growing market, expected to grow at a CAGR of 12% [14] Growth Drivers - Urban expansion and technological innovation are primary growth drivers, enabling predictive analytics and optimizing collection logistics [18][19] - Increasing public and private investment in sustainability initiatives and compliance with environmental regulations further fuel demand [19][20] Market Restraints - High initial costs of smart technologies deter smaller municipalities, and the need for skilled professionals presents challenges [21] - Supply chain vulnerabilities and intense competition may affect profit margins and innovation [22] Emerging Opportunities - The shift towards eco-conscious consumerism is creating new opportunities for startups and tech firms in the digital smart waste space [23] - Smart city initiatives in developing regions are expected to drive demand for integrated digital waste solutions [24] - Public-private partnerships are emerging as critical enablers for scaling smart waste solutions [25] Key Competitors - Major players in the market include Veolia Environnement S.A., Suez S.A., Waste Management, Inc., and Republic Services, Inc. [27] Recent Strategic Developments - Veolia entered a strategic partnership with a tech startup for AI-based waste sorting technologies [28] - Suez acquired a mid-sized waste management firm to enhance its local market presence [29] - GFL Environmental launched a digital platform for customer engagement in waste management [30] - Republic Services unveiled a technology suite integrating IoT sensors and AI analytics for route optimization [31] - Remondis received regulatory approval for a new waste-to-energy facility, aligning with sustainability goals [32]
Barrick Sets the Standard in Advancing United Nations' Sustainable Development Goals
GlobeNewswire News Room· 2025-05-19 13:15
Core Viewpoint - Barrick Mining Corporation is committed to sustainable development and economic growth, aligning its operations with the United Nations' Sustainable Development Goals (SDGs) for 2030 [1][2][4]. Group 1: Sustainability Commitment - The 2024 Sustainability Report, titled "Beyond the Horizon," highlights Barrick's evolution into a leader in responsible mining since its merger in 2019, focusing on sustainability-driven growth and community empowerment [2][4]. - Barrick has distributed over $100 billion in economic value to host countries through wages, local business support, and tax contributions over the past six years [4]. - The company has invested more than $200 million in community-led projects, including schools, clinics, and sustainable farming programs, managed by local communities to ensure they meet real needs [4]. Group 2: Environmental Initiatives - Barrick is recalibrating its greenhouse gas (GHG) emissions profile and reduction roadmap to align with its expanding production base, aiming for a Net Zero target by 2050 [5][6]. - The company has introduced a new site-level SDG performance framework to track community-focused progress across various indicators such as clean water, education, and healthcare [6][7]. - Barrick's commitment to sustainability is reflected in its operational practices, with 85% of its water intake being reused or recycled, and significant investments in renewable energy projects in multiple countries [7]. Group 3: Economic Impact - In 2024, Barrick spent $7.1 billion with local and in-country suppliers, contributing to local business growth and economic resilience [7]. - The company emphasizes that 97% of its employees and 76% of senior site management are host country nationals, reinforcing its commitment to local community development [7].
Barrick Sets the Standard in Advancing United Nations’ Sustainable Development Goals
Globenewswire· 2025-05-19 13:15
Core Viewpoint - Barrick Mining Corporation is committed to sustainable development and economic growth, aligning its operations with the United Nations' Sustainable Development Goals (SDGs) for 2030 [1][2][4] Group 1: Sustainability Commitment - The 2024 Sustainability Report, titled "Beyond the Horizon," emphasizes Barrick's evolution into a leader in responsible mining since its merger in 2019, focusing on sustainability-driven growth and community empowerment [2][4] - Barrick has distributed over $100 billion in economic value to host countries through wages, local business support, and tax contributions over the past six years [4] - The company has invested more than $200 million in community-led projects, including schools, clinics, and sustainable farming programs, managed by local communities [4][6] Group 2: Environmental Initiatives - Barrick is recalibrating its greenhouse gas (GHG) emissions profile to align with its production base and aims for a Net Zero target by 2050 [5][6] - The company has introduced a new site-level SDG performance framework to track community-focused progress across various indicators such as clean water and healthcare [6][7] - In 2024, Barrick spent $7.1 billion with local suppliers, promoting local business growth and economic resilience [7] Group 3: Community Impact - Barrick's sustainability efforts are measured by real-world outcomes, such as reducing malaria in the DRC and improving maternal health in Pakistan [7] - The company has achieved a workforce composition where 97% of employees and 76% of senior site management are host country nationals [7] - Barrick has reused or recycled 85% of its water intake, with significant investments in solar and hydro energy projects in various countries [7]
2025年基本统计数据(英)
亚开行· 2025-04-28 06:05
Investment Rating - The report provides a comprehensive analysis of various countries' economic indicators, but does not explicitly state an overall investment rating for the industry [1]. Core Insights - The report highlights significant economic growth rates across various countries, with notable figures such as Afghanistan's GDP growth rate projected at 2.2% for 2024 and Bangladesh at 1.3% [3][7]. - It emphasizes the importance of sustainable development goals (SDGs) and their correlation with economic performance, particularly in relation to poverty reduction and health indicators [5][9]. - The analysis includes projections for population growth and economic indicators, indicating a trend towards increased urbanization and economic diversification in several regions [4][6]. Summary by Relevant Sections Economic Indicators - The report details GDP figures, with countries like China projected to have a GDP of approximately $18,956.7 billion in 2024, while India is expected to reach $3,911.4 billion [3][4]. - It notes the per capita income levels, with Brunei Darussalam having a high per capita income of $34,480, contrasting with lower figures in countries like Afghanistan at $380 [3][7]. Population Statistics - Population growth rates are discussed, with projections indicating significant increases in countries such as India and Bangladesh, which are expected to have populations of 1,408 million and 178 million respectively by 2024 [3][6]. - The report also addresses demographic challenges, including aging populations in certain regions and youth bulges in others, impacting labor markets and economic strategies [5][9]. Sustainable Development Goals - The report outlines various SDGs and their current status across different countries, highlighting areas such as maternal health, child mortality, and undernourishment [7][9]. - It emphasizes the need for targeted policies to address these challenges, particularly in low-income countries where progress is lagging [5][6].
GigCapital7 Corp.(GIG) - Prospectus(update)
2024-08-22 20:09
Table of Contents As filed with the U.S. Securities and Exchange Commission on August 22, 2024. Registration No. 333-280015 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GigCapital7 Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 98-1790710 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. ...
Keen Vision Acquisition Corp.(KVACU) - Prospectus(update)
2023-06-14 18:12
As filed with the U.S. Securities and Exchange Commission on June 14, 2023. Registration No. 333-269659 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ KEEN VISION ACQUISITION CORPORATION (Exact name of registrant as specified in its constitutional documents) ____________________ British Virgin Islands 6770 n/a (State or other jurisdiction of incorporation or ...