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Influence of efficiency gains and compliance increases on sustainability adoption: SIDBI – D&B SPeX

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MUMBAI, India, April 3, 2025 /PRNewswire/ — Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with SIDBI, has released the Sustainability Perception Index (SPeX), referred to as the ‘Green Pulse Indicator’ for the October-December 2024 period. SPeX evaluates MSME’s perception of sustainability across three dimensions: willingness, awareness, and implementation. The SPeX value declined 5.3% in Q4 2024 over Q3 2024. Though awareness and willingness dimensions fell 11% and 12%, respectively from the previous quarter, the implementation dimension rose significantly by 41%.

The overall SPeX value reflects changes across these three dimensions, providing insights into MSME’s understanding, willingness to adopt, and implementation of sustainability measures. An increase in SPeX value indicates improvement in MSME’s perception towards sustainability adoption. A decrease could indicate challenges or a decline in perception.

Dr. Arun Singh, Global Chief Economist, Dun & Bradstreet, said, “Globally, sustainability regulations are evolving rapidly, and MSMEs are recognizing value in sustainability adoption in gaining market share. Global businesses are enabling sustainability adoption through supply chain mandates aligned with international sustainability goals. A higher share of MSMEs reporting limited sustainability familiarity in Q4 versus Q3 highlights their intent to catch up with shifting regulations. 45% of MSMEs seek alternative financial or policy support for increasing adoption, highlighting the need for policy support to drive sustainability adoption. Notably, the perception that sustainability adoption caters only to select global clients has declined, reflecting the broader reach of sustainability mandates worldwide. Although the medium-to-long-term return on sustainability investments remains a barrier, the concerns about uncertain returns are declining with a growing recognition of the long-term benefits.”

Dr. R.K. Singh, CGM, SIDBI, stated, “The Sustainability Perception Index (SPeX), referred as the ‘Green Pulse Indicator’ for the October-December 2024 period, indicates an increase in the MSME implementation dimension with a rise of 41% as compared to previous quarter. The implementation cost and capital availability are consistently emerging as a key challenge for MSMEs in adopting sustainable practices. Factors such as environmental labelling and certification, operating procedures, and management buy-in are the least obstacles, reflecting MSMEs keenness to adopt sustainability and seek financial and technical support. Aligned to PANCHAMRIT, to scale up green finance in the MSME ecosystem, SIDBI runs PANCHTATVA missions viz. (i) Energy Efficiency, (ii) Renewable Energy, (iii) Circular Economy, (iv) E-Mobility and (v) Adaptation (Nature Based Solutions) helping the nation achieving its Nationally Determined Contributions (NDCs) commitments. SIDBI attends to the Greening mandate through ‘PANCHTOOL’ (5 energising pillars) — (i) Financing, (ii) Development, (iii) Risk Mitigant, (iv) Thought Leadership and (v) International Cooperation (Synergy 4 Energy) and is taking its ‘Greening MSME Ecosystem’ agenda forward.”

Highlights of the SPeX Report:

The SPeX for Q4 2024 declined q-o-q, yet increased y-o-y by 8%, the second highest value in nine quarters since Q4 2022.Implementation dimension in Q4 2024 reached its highest level of 58 in the last nine quarters, reflecting progress of MSMEs in adopting sustainability measures.85% of MSMEs are planning to adopt additional sustainability measures in the next two quarters compared with only 49% in the previous quarter. This upward shift is across business sizes, with medium-sized firms leading the way (95%) in their commitment towards sustainability.Firms with longer operational histories exhibit high sustainability awareness, willingness and implementation, while newer firms show strong awareness and willingness, but lag in actual implementation.The perception that sustainability investments were preferred by select global customers is less pronounced in Q4 compared to Q3, reflecting the expanding scope of global policies and regulations.Medium and small sized businesses are keen on building expertise on sustainable business strategies and environmental practices, while micro businesses have also shown intent to enhance expertise in sustainability implementation and policy formulation.Established businesses with more than 10 years of operations regard increased stakeholder attractiveness as a primary benefit for adopting sustainability initiatives. Younger businesses with five to 10 years of operations indicated lower confidence in cost reduction as a benefit compared to other factors, reflecting concerns about upfront investments and/or challenges in measuring returns on sustainability adoption.In 2024, cost reduction (63%), regulatory compliance (59%) and peer pressure (41%) were the key factors influencing sustainability adoption.In 2024, medium and small businesses prioritized environment and workforce related sustainability measures over compliance and social welfare, with an average of 76% of MSMEs focusing on these areas.In 2023 and 2024, the implementation cost and capital availability consistently emerged as key challenges for MSMEs in adopting sustainable practices. Meanwhile, factors such as environmental labelling and certification, operating procedures, and management buy-in were the least obstacles, reflecting that MSMEs are keen to adopt sustainability and seek financial and technical support.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit www.dnb.com.

Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions in domains of finance, risk, compliance, information technology and marketing. Working towards Government of India’s vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity.

India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses.

Visit www.dnb.co.in for more information.
Click here for all Dun & Bradstreet India press releases.

About SIDBI

Small Industries Development Bank of India (SIDBI) in its role as the Principal Development Finance Institution for MSME sector has played a significant role in developing the financial services for MSME sector through various interventions including Refinance to Banks, Credit Guarantee programs, Development of the MFI sector, Contribution to Venture capital/AIF funds, MSME ratings, promoting digital lending ecosystem, etc. The Bank has proactively been working toward Energy Efficiency (EE) in MSMEs since 2005-06 as part of Direct Finance business using support of multilaterals like World Bank, ADB, GiZ, FCDO, JICA, AFD, KfW etc. for energy efficient projects. SIDBI has taken steps to promote Energy Efficiency and Cleaner production in the MSME sector and propose to accelerate its efforts for MSME sector for their survival, growth, and competitiveness in long run during prevailing climate related challenges.

Looking to importance of ESG aspects and the need for a simplified, Customised ESG risk rating framework, SIDBI has already started integration of ESG framework into its operations. Subsequent to setting up of Green Climate Finance Vertical for prioritised focus, a Board level Committee has been constituted for guidance, oversight, and monitoring on ESG, Green Strategy of the bank, including relevant SDGs etc. To lead with the example, SIDBI has set a target to become Carbon Neutral by 2024 and Net Neutral organization in subsequent years.

Through Green Financing products and other developmental activities, SIDBI enables the manufacturers and service providers in MSME sector to adopt green energy efficient technologies helping in lesser waste leading to positive impact on environment and sustainability.

Visit www.sidbi.in for more information.

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NX Group Unites at transport logistic 2025, Showcasing Global Strength and Sustainability

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TOKYO, May 23, 2025 /PRNewswire/ — Nippon Express Europe GmbH (hereinafter “NX Europe”), a Duesseldorf, Germany-based core company of NIPPON EXPRESS HOLDINGS, INC., is pleased to announce its participation in “transport logistic 2025,” to be held in Munich, Germany, from Monday, June 2, to Thursday, June 5. This marks the third consecutive appearance of NX Europe at the world’s leading logistics trade fair.

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Reflecting its growing integration and global scale, the NX Group will present a unified presence under NIPPON EXPRESS HOLDINGS, bringing together key group companies — cargo-partner, APC Logistics, MD Logistics, and newly joined Simon Hegele Logistics — at a single shared booth (Hall A4, Booth 319/420). This collaborative showcase will highlight the Group’s full-spectrum logistics capabilities and its evolution into one of the world’s most comprehensive and customer-driven logistics providers.

“Our participation this year represents more than just a presence; it’s a statement of growth, integration, and purpose,” says Shinichi Kakiyama, President of NX Europe. “As a unified NX Group, we offer our customers both global scale and local precision, backed by a shared commitment to excellence and sustainability.”

The exhibition will underscore the strength of the NX Group’s international operations. cargo-partner, with its global footprint, offers strong air, sea and rail connections between Central and Eastern Europe and Asia, and supports high-speed road transport through major regional hubs in Vienna, Zory, Ljubljana, Zagreb, and Sofia. Simon Hegele enhances the Group’s presence in healthcare, high-tech equipment and other highly specialized logistics as well as value-added installation services. MD Logistics, based in the United States, contributes deep expertise in pharmaceutical and consumer goods supply chains, while APC Logistics complements the Group’s end-to-end service range. Together, these companies represent the NX Group’s unified capabilities in meeting diverse global logistics challenges.

Sustainability is a key focus for the NX Group at this year’s event. The Group continues to align with global ESG (Environmental, Social and Governance) objectives, demonstrating concrete actions to reduce environmental impact, meet evolving compliance standards, and help customers achieve their own sustainability targets. Low-emission transport options, advanced carbon-tracking systems, and ESG-aligned logistics solutions will be featured prominently. Supporting these themes, the NX Group’s booth will incorporate eco-conscious design elements and environmentally friendly promotional materials.

transport logistic 2025 will also serve as a live platform for the Group’s global brand campaign, “Anything to Anywhere,” which launched in December 2024. The campaign captures the NX Group’s ability to deliver even the most complex cargo with precision, creativity and reliability, ranging from delicate semiconductors to priceless museum artifacts. As a striking nod to the campaign’s concept, a life-sized dinosaur model will be revealed at the booth, capturing attention while symbolizing the Group’s ability to turn logistical challenges into bold, successful outcomes.

The NX Group remains dedicated to driving innovation in global logistics and supporting the continued growth and transformation of its customers’ supply chains across Europe and around the world.

About the NX Group: https://drive.google.com/file/d/1g1Rtb9Mie5yhenpOr8A007kKolh1gBJ6/view?usp=drive_link

NX Group official website: https://www.nipponexpress.com/

NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/

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Shieldworkz Expands OT Cybersecurity Offerings to Tackle Emerging Threats and Posture Management Needs

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ABU DHABI, UAE and BANGALORE, India, May 23, 2025 /PRNewswire/ — Shieldworkz, a leading cybersecurity innovator, today announced the expansion of its Cyber-Physical System security offerings. This strategic move addresses the evolving threat landscape, increasing regulatory compliance obligations, and growing demand for proactive security posture management across industries.

The expanded portfolio focuses on enhanced AI-powered risk and gap assessment, automated exposure and cyber risk management, and security posture optimization—enabling enterprises to stay ahead of sophisticated cyber threats and regulatory expectations. Shieldworkz has been working with leading enterprises and governments around the world to secure their critical systems through its comprehensive suite of services.

With this move, Shieldworkz reinforces its OT security leadership while strengthening its commitment to delivering end-to-end OT security solutions.

Kiran Zachariah, CEO Shieldworkz:
“Cyber threats are evolving faster than ever, and so must the way we defend against them. Our expanded OT security offerings are designed to give organizations the insights and control they need to proactively manage cyber risk—not just react to it. We’re bridging the gap between visibility and action.”

About Shieldworkz

Shieldworkz (Shieldworks OT Systems) is a leading cybersecurity firm specializing in safeguarding cyber-physical systems (CPS) across industries such as utilities, oil and gas, airports, ports, manufacturing, mining and smart cities. Leveraging proprietary technologies, unmatched OT security services portfolio, SOC offering (including SOCaas) and a robust consulting platform, Shieldworkz enables businesses to secure their infrastructure.  

Shieldworkz’ offerings align with global frameworks, regulatory mandates and standards such as IEC 62443, NIST CSF, NIS2, NCA OTCC, MITRE ATT&CK® and Zero Trust architectures. These offerings include advanced managed security service offerings, automated risk and exposure management, and AI-driven security posture optimization, enabling enterprises to proactively manage cyber risks.  

With a commitment to delivering end-to-end security offerings, Shieldworkz empowers security teams to gain real-time visibility, reduce risk, comply with global standards and strengthen resilience.

For more information, visit: https://shieldworkz.com
Download OT security compliance kits here
Access the latest OT Security Threat Landscape Report here

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Two Men Acquitted by Jury in Elton John Concert Dodger Stadium Beating Case

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Chad Reeves and Reese Hopkin were found “Not Guilty” by a jury after a 4 week trial where they were charged with Battery Causing Serious Injury and Personal Infliction of Serious Injury. The case was sparked by video that went viral which captured only the end of the fight. After the video went viral it was featured on TMZ as well as local and national news agencies.

LOS ANGELES, May 22, 2025 /PRNewswire-PRWeb/ — In the late afternoon hours of May 22, 2025, in the Superior Court of the County of Los Angeles, the Honorable Judge Craig Richman presiding, the jury in People v. Chad Reeves and Reece Hopkin, Case No. BA513971, after a three week criminal jury trial issued a verdict of “Not Guilty”, acquitting Chad Reeves and Reece Hopkin of Battery causing Serious Injury. Reece Hopkin was also acquitted of Vandalism.

“These two innocent men were falsely prosecuted by a District Attorney’s office that refused to look at the case objectively . . . I hope that these older George Gascón cases will be re-reviewed before more innocent men and women are brought to trial unnecessarily.”

According to case documents, the case stemmed from allegations that after the Elton John Concert at approximately 11:00 p.m. in the Dodger Stadium Parking lot, the defendants beat a 63 year old Jaime Grenfell and his wife Lillian Grenfell. The Vandalism charged in Count II was based on an allegation that Mr. Hopkin threw a bystander’s phone who was recording them after the incident.

Defense attorneys Glen Jonas, Raffi J. Manuelian and Dilan Patel countered that Mr. Reeves defended both himself and a woman named Jessica Santi, who were attacked by the alleged victim Jamie Grenfell. Additionally, attorrneys argued Reece Hopkin entered the melee finding his wife Lindsay Hopkin being beaten and choked by Lillian Grenfell, forcing him to defend her. The defense attorneys further argued that Jamie Grenfell was attempting to renew his attack when Mr. Hopkin punched Mr. Grenfell one time in the face knocking him unconscious thereby neutralizing the threat of further imminent harm.

Defense counsel argued at trial that the viral video was edited cutting out the portion of the video where Mr. Grenfell attacked Mr. Reeves and Ms. Santi before it was sent to TMZ and other media outlets

Defense counsel argued the cell phone owner that recorded the group as they sought sanctuary in a nearby limousine, tried to extort $5000 from the defendants. Additionally, defense counsel argued that witnesses Diana Reeves and Dan Santi were never charged but falsely accused by the same witness at the urging of the Grenfells.

Defense Attorney Glen Jonas had this comment about the case, “These two innocent men Mr. Reeves and Mr. Hopkin were falsely prosecuted by a District Attorney’s office that refused to look at the case objectively. This case was filed by the George Gascón administration. Mr. Gascón was well known for consistently prosecuting victims of crimes as defendants while setting the actual criminals free. DA Hochman is doing a much better job, but he needs to pay closer attention to these older cases where George Gascón turned our county upside down. I expect better from our District Attorney’s office and I hope that these older cases will be re-reviewed before more innocent men and women are brought to trial unnecessarily.”

Defense attorneys Glen Jonas, Raffi J, Manuelian, Dilan Patel, and paralegal Liliana Monroy are grateful to Judge Craig Richman, his court staff, and the jury for their hard work on this matter. If you need further information call Glen Jonas (213)683-2033.

Glen Jonas

Jonas and Driscoll LLP

1108 Sartori Avenue, Suite 320

Torrance, CA 90501

Office (213)683-2033

Media Contact

Glen T. Jonas, Jonas & Driscoll, (213)683-2033, GlenJonas@aol.com

Media Contact

Glen T. Jonas, Jonas& Driscoll, 1 2138042335, GlenJonas@aol.com, Jonas& Driscoll

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