HP cuts annual energy use

Global IT company HP has reduced the amount of energy its operations consumed last year from the year prior, reports DataCentreDynamics.

As it completed the integration of a large new business it purchased in 2008, adding 465 sites to its real estate footprint, the company adjusted its goals for CO2-emission reduction.

The current goal is to reduce emissions to 20% below 2005 levels by 2013.

LG Group has decided to invest a total of $18 billion in green-related businesses, including solar and lithium-ion batteries and light-emitting diode (LED) lighting, by 2020, writes JoongAng Daily.

LG hopes green businesses will generate about 10% of the group's total sales. In addition, the firm plans to reduce its share of greenhouse gas emissions by 40% and water consumption by 30%, under the 'green management strategy - green 2020' plan.

“Instead of just responding to external regulations or restrictions, the firm should generate significant outcomes through aggressive green management,” says LG group chairman, Koo Bon-moo.

CloudApps touts itself as Europe's first enterprise application vendor focused on climate change regulatory compliance and the management of carbon as a business asset, states eWeek.

The company essentially develops systems so that businesses can track, monitor and report on their carbon footprints. Now it has unveiled its cloud-based technology.

“The company was formed about six months ago,” explains CloudApps CEO, Simon Wheeldon. “We had noticed at that time that there were two powerful trends, namely climate change and cloud computing, so we brought both of those worlds together to help businesses manage their carbon as an asset.”