Digital
Princeton Digital Group releases 2023-2024 ESG Report: Sustainability in the Era of AI
Mumbai – Princeton Digital Group (PDG), Asia’s leading data center provider, has announced the release of its 2023-2024 Environmental, Social, and Governance (ESG) Report. Titled “Sustainability in the Era of AI”, the report details the company’s commitments and measurable performance in terms of environmental sustainability, health and safety, social responsibility and corporate governance.
“We are proud to share our progress on reducing our carbon footprint, ensuring workplace safety, implementing green financing and enhancing community engagement. The scale of AI- ready data centers necessitate a comprehensive reassessment of energy and cooling strategies. As we embark on our next phase of AI driven growth, energy transition remains our foremost priority. We are innovating to enhance energy and resource efficiency, ensuring the highest safety standards at our data centers, deepening community engagement, and prioritizing skills development in all our regions of operation.,” said Rangu Salgame, Chairman, CEO and Co-founder of PDG.
This report outlines PDG’s goal of achieving Net Zero for Scope 1 and Scope 2 emissions by 2030, and the company’s initiation of Scope 3 emissions reporting.
Key achievements highlighted in the 2023-2024 report include:
● Progress on Net Zero roadmap: PDG met its goal of offsetting approximately 15% of its carbon footprint through renewable energy procurement.
● Renewable Energy: The company entered long-term agreements to procure solar power for its data center in Mumbai, India, and biomass power for its data center campus in Greater Jakarta, Indonesia. The company also installed solar rooftop panels at its facility in Shanghai, China.
● ISO 45001 Certification: All greenfield operational data centers achieved ISO 45001 certification, ensuring rigorous management of occupational health and safety risks.
● Advanced Cooling Technologies: PDG adopted advanced cooling technologies and other energy efficiency initiatives to improve Power Usage Effectiveness (PUE).
● Green Finance Framework: PDG developed its green finance framework and secured USD 375 million in green loans for its SG+® projects in Singapore and Johor in early 2024.
PDG’s 2023-2024 ESG Report, developed in accordance with GRI standards details the goals and progress against each of the company’s material topics. It features PDG’s comprehensive governance structure to enhance transparency and accountability in its sustainability efforts. The 2023 greenhouse gas (GHG) emissions are externally assured by a reputed third-party audit firm.
Digital
OpenAI to roll out ads for free ChatGPT users in the US
Criteo tie-up signals shift as OpenAI explores ads to fund growth
CALIFORNIA: OpenAI is set to introduce advertisements for users on the free and Go versions of ChatGPT in the United States, marking a notable shift in how the platform plans to fund its rapid growth.
The move, confirmed by a company spokesperson in a statement to Reuters, follows earlier reporting by The Information and signals OpenAI’s deeper push into advertising as a revenue stream.
At the heart of this rollout is a partnership with Criteo, an advertising technology firm now integrated into OpenAI’s pilot programme. The company provides tools that help advertisers buy placements and sharpen targeting, suggesting that ads shown to users will be increasingly tailored.
According to reports, Criteo has been pitching advertisers on commitments ranging from $50,000 to $100,000, hinting at serious commercial intent behind the experiment. OpenAI has also advised advertisers to supply multiple versions of ad copy and visuals, a move designed to boost visibility and improve campaign performance.
The development comes as OpenAI looks to diversify its income streams. With ChatGPT’s popularity surging globally, the company is grappling with rising costs tied to computing infrastructure, even as competition in the generative AI space heats up.
For users, the change may soon mean a more familiar internet experience, where conversations come with the occasional commercial break.
