Vertical Market

Rivian layoffs will impact 10% of salaried jobs, as EV (electric vehicle) automaker strives to generate "modest gross profit" by Q4 of 2024.

Founder Paul Baum explains how Nextra Tech plans to acquire sustainable IT solutions providers, IT Asset Disposition (ITAD) companies, and e-waste reduction experts.

Boston Medical Center Health System (BMCHS) names Robert Biggio as senior VP, chief sustainability & real estate officer as part of larger BMCHS strategy to drive growth, innovation, and equity for patients & members.

Medtronic hires Raman Venkatesh as VP & chief sustainability officer (CSO), Senior VP Ken Washington discloses via LinkedIn.

Starwood Capital Group acquires a 50% stake in Echelon Data Centres, a sustainability-focused data center infrastructure provider in Ireland & the United Kingdom.

Smart building consultancy Contollo Group, backed by the private equity firm NorthEdge, acquires Abacus to assist customers with Net Zero GHG emissions strategies.

CLEAResult, backed by private equity firm TPG, acquires Energetics -- an energy-focused sustainability consultancy that has deep expertise in the U.S. federal government market.

Schneider Electric's record financial performance for fiscal year 2023 included a healthy dose of sustainability consulting and managed services.

Commercial real estate services firm Colliers International Group promotes Andrzej Gutowski to ESG chief officer for Central and Eastern Europe (CEE). Here is the Colliers ESG strategy.

Plug Power layoffs are part of a "strategic expense reduction plan" that's designed to save the hydrogen energy company more than $75 million annually.

Accenture acquires Insight Sourcing, a provider of strategic sourcing and procurement services -- particularly for private equity customers. The deal includes Insight Energy -- an energy procurement and management business.

Compliance & ESG software company EQS Group, now owned by private equity firm Thoma Bravo, seeks potential tuck-in acquisitions.

Fairphone hires telecommunications veteran Reinier Hendriks as CEO. Here's what sustainable smartphone partners & customers need to know about Fairphone & Hendriks.

Green technology and sustainability market research from Fortune Business Insights describes a booming market opportunity. But here's where technology partners & IT consulting firms can focus their efforts.

Cosmetics & personal care giant L’Oréal Groupe hires AB Inbev veteran Ezgi Barcenas to succeed Alexandra Palt as chief corporate responsibility officer. Here is L’Oréal Groupe's sustainability strategy