Here is today’s sustainable IT services and climate tech news, research and analysis -- written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
A. Sustainable IT, Talent, Partnerships and Green Tech Alliances
1. Partnerships - Energy and IT Services: Infosys and RheinEnergie are partnering to help enterprise customers tackle energy transitions and sustainability priorities.
2. Executive Search Services: Executive search firm Redgrave Partners has launched a sustainability practice, led by partner Kate Goodall. The practice will assist customers with sustainability strategies and the recruitment of the senior talent in the field.
3. Small Modular Reactors: GE Vernova's small modular reactor (SMR) technology has passed an initial assessment process in the United Kingdom, the company said. The milestone is the first of many steps before GE Hitachi Nuclear Energy can potentially bring SMR technology to market in the UK.
4. Layoffs - EV Trucks: Shares of struggling electric truck manufacturer Nikola fell to another all-time low on December 12, 2024 amid reports that Nikola is undertaking another round of layoffs, SeekingAlpha reported. Back in October 2024, the company warned that it could run out of funding in the first quarter of 2025, the report noted.
B. Sustainability M&A, Climate Tech Investments, Funding and Green IT Business Launches
1. Funding Slowdown - Climate Tech Software: Annual funding for climate software startups was $4 billion through November 2024, compared with $5.8 billion annually in each of the preceding three years, PitchBook reported. Still, there is still tons of white space to be found, whether that is in carbon accounting, Earth data, or building energy efficiency, PitchBook asserted.
2. Renewable Energy Investments: U.S. investor Acadia Infrastructure Capital along with Microsoft and several other partners are developing a $9 billion pipeline of renewable energy projects across the United States, Reuters reported. The effort includes launching the Climate and Communities Investment Coalition (CCIC), which will help corporations support clean energy projects that provide community benefits in the United States. Over the next five years, the group expects to help prevent approximately 15 billion pounds of carbon from entering the atmosphere per year, and generate enough energy to power over 850,000 homes, the CCIC said.
3. Complete M&A List: Here's our database of all M&A deals involving green IT and renewable energy buyers, sellers and investors.
C. Regional and Global Sustainability Policies and News
Nothing to share here today.
D. Sustainable IT and Green Technology Conference Calendar
- International Conference on Sustainable Energy and Green Technology - SEGT 2024Â (December 15-18, Thailand)
- CES 2025Â (January 7-10, Las Vegas, Nevada)
- Sustainable and Impact Investments International Conference 2025Â (January 14-15, Dublin, Ireland)
- Davos 2025Â --Â World Economic Forum 2025Â annual meeting (January 20-24, Switzerland)
- Sustainable Foods Summit 2025Â (January 22-23, San Francisco, California)
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
