Blockchain Press Releases
Colt DCS Launches New ESG Strategy Report
Colt DCS has announced its new ESG strategy in the 2022 Sustainability Highlights report across three strategic focus areas: Decarbonisation, Connecting People and Safeguarding the Company.
LONDON, June 27, 2023 /PRNewswire/ — Colt Data Centre Services (DCS), a global provider of hyperscale and large enterprise data centre solutions, has today published its latest Sustainability Highlight report covering the period of January 1st to December 31st, 2022. Launched as Colt DCS’ highlights report , the report focuses on the three strategic areas of decarbonising the business, connecting people, and safeguarding the company’s operations. Colt DCS has achieved a remarkable 52% reduction in Scope 1 and Scope 2 (market-based) emissions and a 28% reduction in Scope 3 emissions (compared to 2019). These significant reductions highlight the extend of the company’s sustainable practices as an industry-leading data centre provider.
Some of the other key highlights from the Sustainability report include:
- A 30% reduction in emissions across all Scopes compared to 2019
- Achieved an impressive global Net Promoter Score (NPS) of 72
- Procured 100% renewable energy in all European data centre sites
Colt DCS has been working diligently to achieve its ambitious sustainability targets, as part of its ongoing commitment to minimise environmental impact, promoting social responsibility and driving positive change within the global data centre industry. Sustainability is deeply ingrained within the company, with all stakeholders working tirelessly towards the business’ shared ESG goals. Colt DCS’ commitment to continuous improvement remains unwavering as they strive to advance and evolve their ESG strategy in the coming years.
The 2022 Sustainability Highlights report showcases the company’s significant achievements in the areas of Environmental, Social and Governance (ESG) for 2022. It highlights Colt DCS’ commitment to reaching Net Zero by 2045. EcoVadis partnership and a top 1% sustainability rating, Colt DCS continues to set data centre industry standards in its ESG practices. The 2022 Sustainability Highlights report was prepared in conjunction with the Colt Group, which comprises Colt Data Centre Services and Colt Technology Services.
Decarbonisation has been a primary focus for Colt DCS, and one of the key pillars in our ESG strategy. Its sustainability targets have been approved by the Science-based Targets initiative (SBTi) in alignment with the latest Net Zero Standard. Colt DCS has successfully reduced its carbon footprint by 30% compared to the 2019 baseline, amounting to an estimated 186,487 tonnes of CO2e (Carbon dioxide equivalent). This reduction has been aided by the use of 100% renewable energy across its UK and European data centres, all of which are 100% carrier-neutral sites, engaging suppliers more effectively and implementing innovative cooling technologies. Moreover, Colt DCS ensures that its new data centres, such as their ongoing expansion in Paris, adhere to the environmental requirements set down in the Global Reference Design Document.
Colt DCS’ ESG strategy goes beyond environmental sustainability and includes a strong focus on social engagement. The company recognises the importance stakeholder engagement across its value chain, including customers, suppliers, local communities and employees, with the aim of making a lasting positive impact in the regions it operates in. Colt DCS encourages employee engagement and has established partnerships with local charities, forming employee-led CSR teams to identify fundraising initiatives and volunteering opportunities. Local communities serve as contributors of Colt DCS’ workforce, such as local contractors and local service providers who aid in the construction of the company’s data centres.
The company recognises the importance of effective governance in achieving its goals for inclusion. During the pandemic, Colt DCS introduced designated Wellbeing Days, prioritising the mental and physical health of its workforce. The company’s efforts saw 78% engagement with its People Matter survey, with the results highlighting strengths under Diversity & Inclusion, Customer Focus, Empowerment, Sustainable Engagement and Well-being & Stress.
Colt DCS is striving to create an inclusive culture that values diversity of thought and representative of the communities it operates in. In addition to fostering an inclusive working culture made up of diverse representation, the company is committing to implementing equitable business practices that enhance the employee experience. Moving forward, Colt DCS remains dedicated to investing in employee development and strengthening its partnerships with suppliers and customers to foster an inclusive and sustainable future.
In addition to prioritising stakeholder engagement, Colt DCS delivers exceptional client service across its data centre portfolio. In 2022, the company achieved an impressive global Net Promoter Score (NPS) of 72 across all customers in Europe and Asia, which is a testament to its goal of becoming the most trusted and customer-centric operator in the industry.
Niclas Sanfridsson, CEO at Colt Data Centre Services, said: “We have made impressive strides towards achieving our sustainability goals and I would like to express my sincere gratitude to our employees, customers and shareholders for their unwavering support.” Sanfridsson added that: “Colt DCS has demonstrated remarkable dedication in delivering its sustainable hyperscale strategy while upholding its vision of being the most trusted and customer-centric data centre operator.”
About Colt DCS
Colt DCS provides true service and operational excellence in the sustainable design, build, delivery and operational management of hyperscale data centres across Europe and APAC. We provide data centre solutions to hyperscale and large enterprise customers across 16 state-of-the –art-carrier neutral data centres spanning 8 cities.
Our hyperscale and colocation solutions allow our customers freedom to plan effectively for the growth of their business, knowing that their data centre strategy is ready for the demands of tomorrow.
We have over 25 years of experience in the industry, delivering on our vision of being the most trusted and customer centric data center operator in the market. We put environmental awareness at the heart of everything we do because we know it’s the right thing to do for our planet. That’s why we’re taking the ownership to reduce our environmental impact globally and make sustainability a key strategic driver
As part of our sustainability journey, Colt DCS has set comprehensive near- and long- term Science Based Targets to cut our emissions in line with the SBTi’s latest Net Zero Standard.
https://www.coltdatacentres.net
About the Colt Group Sustainability Report 2022
The Colt Sustainability Report covers the period 1 January to 31 December 2022, unless otherwise stated. The report includes sustainability performance data across the ESG material issues identified and prioritised as part of the materiality assessment conducted in 2021. The report covers all entities under Colt Group Holdings Limited (“Colt Group”). Colt Group developed this report in accordance with the Global Reporting Initiative (GRI) Standards. To locate the disclosures, a separate annex of the Report with the GRI index is available to download. The British Standards Institution, BSI Group, has provided assurance on selected key performance indicators. More information can be found in the annex 9.3. External Assurance statement by BSI. For more information about Colt Data Centre Services (DCS), please consult our 2022 Sustainability Highlights Report.
https://www.coltdatacentres.net/en-GB/sustainability/sustainability-matters
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Blockchain Press Releases
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet.
The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruyi staff, gourd bottles, and treasure pearls, designed to recreate the mythical atmosphere of the original story. The addition of the Sticky Symbols feature enhances gameplay by keeping special symbols locked in place during free spins, significantly increasing the chances of winning and unlocking larger rewards.
Dark Visual Design and Storytelling Behind Wukong
The visual design of Wukong draws from traditional Chinese art styles, blending elements from Journey to the West. The reels are filled with recognizable symbols like the Ruyi staff, gourd bottles, and treasure pearls. These symbols immerse players in the mythical world of the story, faithfully recreating key moments from the novel, such as Sun Wukong’s havoc in Heaven and his encounters with the White Bone Demon.
The game’s background is rooted in Journey to the West, where Sun Wukong embarks on a journey with the monk Tang Seng and his companions to obtain sacred scriptures. Each detail of the game is carefully crafted to bring this legendary tale to life, offering a unique gaming experience and a tribute to Chinese culture and mythology.
Key Features of the Wukong Slot Game:
Free Spins and Bonus Opportunities: Triggering free spins unlocks additional reward mechanisms, increasing the chances of landing big wins.
Sticky Symbols Feature: Special symbols remain in place during free spins, greatly enhancing winning potential.
Up to 10,000x Max Win: The game offers a maximum payout of up to 10,000 times the bet, providing significant winning opportunities.
“Wukong is not just about spinning reels; it’s about experiencing a rich part of Chinese culture. We’ve worked hard to ensure the game is stunning and fun and engaging for players, with layers of features that add excitement. We’re proud to offer a game that blends storytelling with gameplay, and we think players will love the journey through Wukong’s legendary world,” Jack Dorset, CEO of BC.GAME said.
About BC.GAME
BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. citing, fair, and innovative ways to engage with the world of gaming.
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Blockchain Press Releases
WSPN Appoints Former EY Global Chief Innovation Officer Jeff Wong as Independent Director
SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading stablecoin infrastructure company, announces the appointment of Jeff Wong as Independent Director. Mr. Wong brings over 25 years of experience in technology innovation and enterprise transformation to WSPN. He most recently served as EY’s Global Chief Innovation Officer from 2015 to 2024, where he spearheaded the firm’s global innovation initiatives and established EY’s advanced technology labs focusing on Artificial Intelligence, Blockchain, Quantum Computing, and Web3.
Prior to EY, Mr. Wong held leadership roles at eBay and JPMorgan Partners. He is a member of the Council on Foreign Relations, the Forbes Technology Council, and the founding Chair of Asia Society’s Technology and Innovation Council, helping drive the innovation and transformation agenda. He was also a member of the World Economic Forum’s Global Future Council on Innovation Ecosystems. He has previously served on the Oxford Foundry Board at Oxford University and the Advisory Board for AI4All. Mr. Wong is a recipient of the Outstanding 50 Asian Americans in Business award and an honoree of the A100 List by Gold House, recognizing individuals with Asian Pacific heritage who have made a significant impact on American culture and society.
“Joining WSPN at this pivotal moment in the stablecoin industry is incredibly exciting,” said Mr. Wong. “I look forward to contributing my experience in emerging technologies and enterprise transformation to help WSPN build the next generation of digital payment infrastructure.”
“Jeff’s appointment represents a significant strategic addition to WSPN,” said Raymond Yuan, Founder and CEO of WSPN. “His deep expertise in innovation management, enterprise transformation, and emerging technologies, combined with his leadership experience at global institutions, will be invaluable as we accelerate our market expansion and global development.”
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
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