The Paris Agreement, adopted in 2015 by the UN Framework Convention on Climate Change, includes a commitment by all signatories to submit a new Nationally Determined Contribution (NDC) every five years. The NDCs set out countries goals for curbing their greenhouse gas emissions, and the measures they are using to achieve those objectives.Each NDC is supposed to show “a progression” from the previous one, committing countries to a deeper cut in emissions than envisaged in the previous plan. Countries have been setting goals for net zero greenhouse gas emissions by the middle of the century 2050, and intermediate objectives for cuts by the 2030s. Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. One of the fastest and perhaps the most economical ways to ensure decarbonization is by using clean energy sources such as electricity at the consumption and moving towards renewable energy sources at the generation.Corporate sustainability initiatives and government regulations that promote net-zero carbon emissions are increasing. In December 2021, the President signed an executive order to transition the U.S. government to net-zero by 2050 and reach a 65% reduction in emissions by 2030. Funding packages such as the American Rescue Plant Act of 2021 and the Infrastructure Investment and Jobs Act are pushing significant incremental funding towards sustainable infrastructure projects and many of America’s largest companies have established their own, more aggressive net-zero targets.Green Cubes is strongly poised to be a preferred partner of OEMs and Commercial Enterprises in aiding their transition to Modern Electrification. Green Cubes achieves this by providing a Clean, Connected and Cost-Effective Ecosystem based on our Products and Power Solutions.Green Cubes has been at the forefront of transition to Modern Electrification in the Material Handling and Aviation Ground Support Equipment Industries. Green Cubes Power Solutions have led and accelerated this transition by providing the most advanced Lithium-Ion Batteries and Chargers, enabling Motive Power to all electric Material Handling Equipment (MHE) classes 1-3.Green Cubes being the Only Single Source of both Batteries and Chargers has further eased the transition from Lead Acid Systems to Lithium-Ion ensuring a seamless route to a more efficient and environment friendly operations. Similarly Green Cubes can be a partner of choice in meeting the electrification needs of several other Industries by providing a Modern Electrification Ecosystem to realize the exact requirements of different applications in these Industries.Green Cubes is committed to ensure a lower carbon footprint by focusing on sustainability of its operations as well. Green Cubes is the founding member in CircuBAT, a Swiss research program that aims to create a Swiss circular business model for the production, application, and recycling of Lithium-ion batteries. CircuBAT brings together 24 companies and seven research institutes to look for ways to boost sustainability in all stages of a battery’s life cycle.Green Cubes has made a multi-year financial investment in the CircuBAT program. The company will also contribute first-use lithium-ion batteries for experimentation and testing within the program, provide engineering design services to develop new more-efficient batteries, and contribute intellectual property to achieve the objectives of CircuBAT.Green Cubes will participate in two working groups. The “First Use” group will focus on extending the life of first-use batteries through extensive analysis of deployed batteries in the field. Green Cubes will contribute performance data collected from its prolific installed base of Lithium-ion batteries. The “Second Life” group will focus on creating second-use and second-life opportunities to minimize the total CO2 footprint of lithium-ion battery systems during their lifetime.Since its inception 40 years ago, Green Cubes has gained considerable experience minimizing the environmental impact of its deployed batteries. This positive impact will be amplified with a system of second life batteries, where the installed base of first use batteries is redeployed when they reach a certain age limit. The Lithium-ion cells used in Green Cubes batteries are non-toxic and are currently recycled and reprocessed at their end of life. Going forward, these cells can be repurposed into less demanding second life applications such as backup energy storage.Green Cubes advanced Batteries and Chargers include Connectivity Options to enable Internet of Things (IoT) based Power Solutions. Connectivity to the Cloud via an IoT gateway enables Smart, Connected Platforms for Motive, Mobile and Stationary Applications. Smart, Connected Platforms pave way for Intelligent Systems that can accelerate Automation reduce Human Intervention and empower Data driven Decision Making and Analytics.For example, Green Cubes has successfully deployed IoT based Asset Management in Material Handling and Aviation Ground Support Equipment Industries with its MAESTRO IoT Asset Management Platform. MAESTRO helps facilities in Fleet Management by Remote Monitoring the Assets and providing Real Time visibility with the help of Data acquired from these Assets via an IoT gateway.