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The nature of World Kinect’s global energy business — and the number of government organizations involved — means the baseline of data security is pretty high. Any business working globally has to contend with a lot of different rules and regulations, too. Pereira says, “With different geographies we have different compliance needs to meet. Box allows us to adapt the classifications and regulatory requirements, such as for legal or finance, to manage our content in a better way.”

The transition from fossil fuels to renewable energy is accelerating globally. Solar photovoltaic (PV) and wind power generation are predicted to surpass nuclear power by 2025 and 2026, respectively. Policymakers and advocates are driving this shift to combat climate change, and various policy measures support the integration of sustainable energy. Solar PV, onsite solar, community solar, onsite battery storage, power purchase agreements (PPAs), and energy attribute certificates (EACs) are key components of renewable energy adoption. Leveraging expert insights can help organizations navigate these options effectively.

When navigating decarbonization decisions, consider the following key points: Understand your company’s vision and values, and choose wisely based on program goals, project timelines, budget, infrastructure, and local regulations. 

California’s new climate disclosure laws have significant implications for organizations. The Climate Corporate Data Accountability Act (SB 253) mandates public disclosure of scope 1, scope 2, and scope 3 greenhouse gas emissions, while the Climate-Related Financial Risk Act (SB 261) requires reporting on financial risks related to climate change mitigation strategies. These laws apply to companies with specific revenue thresholds and emphasize the need for robust emissions reporting and accountability beyond California’s borders.