Sustainability LIVE: Net Zero – Cognizant CSO's Keynote
Following the first networking break on Day 1 of Sustainability LIVE: Net Zero, Adam Karnama, Chief Sustainability Officer at Cognizant, took a deep dive into the Essential Role of Traceability in Sustainability and Energy Transition.
The need for energy traceability
Introducing the concept of energy traceability – an often overlooked subject in sustainability discussions – Adam discusses the challenges when it comes to identifying the source of energy consumption compared to a physical product.
Adam also addresses the societal push for greater transparency and traceability in the area of energy consumption, particularly when it comes to climate change and regulatory reporting requirements.
Strategies for energy traceability
Explaining the difference between market-based and location-based verification methods for energy consumption sources, Adam discusses energy attribute certificates and their role in verifying energy sources, as well as highlighting existing systems such as the Guarantee of Origin in Europe and Renewable Energy Certificates (RECs) in North America.
While Adam urges the importance of the energy certificate market globally, he does acknowledge the scale of the market, the challenges and the ongoing need for improvement when it comes to energy traceability systems.
"We need more granular energy certificates as it goes forward,” says Adam.
Future developments and a call to action
Outlining plans for developing an energy traceability machine by integrating blockchain and AI solutions, Adam expresses the need for openness to partnerships and fundraising when it comes to advancing energy traceability initiatives.
He concludes his keynote by inviting the audience to participate in making energy a truly traceable product.
"And with that note, I invite all of you to join us to make energy a truly traceable product,” says Adam.
OUT NOW!
In honour of International Women’s Day, Sustainability Magazine kickstarted the launch of BizClik’s annual Top 100 Women supplement for 2024 on March 8.
Featuring influential executives from the likes of Google, Amazon, EY, Johnson & Johnson, Verizon, Unilever, General Motors, Intel, HSBC, Kearney and Mastercard.
To discover who featured in this year's Top 100 Women in Sustainability, click here.
More to come in 2024…
Sustainability Magazine will be hosting a further five events in 2024, both virtual and in-person. Don’t miss out on your chance to hear from leading industry experts at:
- Sustainability LIVE Singapore
- Sustainability LIVE Dubai
- Sustainability LIVE New York
- Sustainability LIVE London
- The Global Sustainability & ESG Awards
To find out more about these events and awards, click here.
Essential diary dates – 2025
- Net Zero & Scope 3 LIVE 2025 | QEII Centre, London | 5-6 March 2025
- Sustainability Singapore Virtual Conference | 19 March 2025
- Sustainability Dubai Virtual Conference | 23 May 2025
- Sustainability LIVE Chicago and Procurement & Supply Chain LIVE Chicago | 4-5 June
- Sustainability LIVE & Sustainability Awards 2025 | BDC, London | 9-10 September 2025
- NEW | ClimateTech Magazine
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