Japan and UAE to Collaborate on Hydrogen Supply Chain
On Thursday, Japan and the United Arab Emirates (UAE) announced that the countries would work together on technology that’ll allow wide-scale hydrogen production; the partnership will also look to develop a new international supply chain for the highly combustible diatomic gas.
The collaboration, marked by a memorandum of cooperation between the oil-producing UAE and energy-importer Japan, reflects the mounting enthusiasm for investment in hydrogen that seems to be sweeping the globe as we race to find more sustainable, environmentally-friendly alternatives to the fossil fuels that we rapidly burn through today. At the moment, hydrogen is being tipped as “the future” by many in the energy and sustainability industries.
Japan’s Hydrogen Initiative
Japan currently consumes approximately 2 million tonnes of hydrogen per year and is looking to increase the demand exponentially. As part of its , which will see the Eastern nation hit , the Japanese government set a goal back in December 2020 to boost its annual hydrogen demand to three million tonnes by 2030 and 20 million tonnes by 2050.
The overarching narrative of the recently announced agreement between the two nations is that Japan should be able to import hydrogen produced in the middle-eastern nation. The hydrogen will not be entirely environmentally friendly, as it will be created from the emissions captured and used in industry from fossil fuels. This isn’t a new concept, though. Hydrogen, primarily extracted from both natural gas and coal production, has been used for decades in applications ranging from rocket fuel to fertiliser creation.
The Global Push for Green Hydrogen Production
This is a big step for Japan and a sound strategy to reach its own goals by 2050. While it’s an excellent way to make use of the emissions that come from environment-destroying fossil fuels, Japan mustn’t stop there. It’s just not enough. Governments can follow this trend for the time being, but it’s important that they continue to explore a shift to emissions-free green hydrogen produced not by fuels of old but by renewable power. We must also look to replace fossil fuel energy in industrial processes and transport.
That’s for another day, though. For now, we should just take our hats off to Japan and recognise their devotion to the fight against climate change.
ASCM: Supply chain pay gap closes in under 40s
The pay gap between men and women working in supply chain under the age of 40 has finally reached parity, according to the Association for Supply Chain Management’s latest annual Supply Chain Salary and Career Report.
The gender pay gap in this age group had been narrowing over the past two years, the ASCM’s previous surveys show, and in 2021 has closed entirely. Women report a median salary of $81,000 annually, while men earn a median annual salary of $79,000. Across all age brackets, men report a median salary of $82,000 and women $80,000.
Other highlights from the ASCM report
- 95% of supply chain professionals kept their job through the pandemic
- The typical starting salary for a supply chain professional is $60,000
- 48% of supply chain professionals now work from home
- 88% of survey respondents find supply chain a fulfilling career path
But there is still work to be done in closing the divide in those over the age of 40. Older men are still earning far more than their female peers, with a discrepancy of between $12,000 and $23,000 annually. ASCM’s report does not definitively conclude why this disparity remains, but says women who began their careers several decades ago may have started out on lower salaries. They may also have missed out on steady wage increases and career development after taking time away from work to have and raise families.
It is also likely that the pay gap in over 40s is affected by a lack of women in executive leadership positions. A recent Gartner study found that, while women now represent 41% of the supply chain workforce - a five year high - only 15% of executive level positions are held by women. That figure is a decline of two per cent on 2020.
Supply chain’s racial pay gap remains
For the first time, ASCM’s annual survey also looked into the pay gap between ethnicities, finding that the median salary for black professionals was 12% less than their white peers, and Latinos earned on average 14% less. That represents a divide of between $9,000 and &10,000 in real terms. Asian professionals earned a median salary of $80,000, compared with the $83,000 for white professionals.
Abe Eshkenazi, the ASCM chief executive, said reporting on and acknowledging lingering wage disparity was not enough: “Supply chain organisations must lead the way by creating environment where diverse talent is valued, included and developed. The need for supply chain professionals has never been greater, so now is the time to expand the aperture to include diversity of thought, influence and input — particularly for women and people of colour.”
Read the full report: ASCM 2021 Supply Chain Salary and Career Report