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Sustainability and Green IT Services News for Technology Partners: 03 November 2023

November 3, 2023 by Joe Panettieri

Here is today’s sustainability news, research and analysis for technology partners, renewable energy and green IT services companies, management consultants, CIOs, chief sustainability officers (CSOs) and c-suite members.

A. Sustainable Technology, Talent, Partnerships and Green IT Alliances

1. Talent: Tamara Marcus at the end of 2023 will resign as Linn County (Utah) sustainability director to launch a new sustainability and equity consulting service to primarily serve Corridor-based local governments, businesses and nonprofits, The Gazette reported.

2. Consulting: Arup, a sustainable development and engineering consultancy, has opened an office in Calgary. The global firm has had a presence in Canada for more than 20 years, with two other offices in Toronto and Montreal, Arup noted.

3. Healthcare: The International Hospital Federation’s (IHF) Geneva Sustainability Centre has launched a new Sustainability Accelerator Tool (SAT) in partnership with Deloitte, ITIJ reported. The cloud-based platform allows hospitals to track and compare sustainability data with other healthcare facilities around the world, the report said.

4. Recycling: EDF Renewables North America and SOLARCYCLE are partnering to recycle solar panels damaged or broken during construction and operation, from their grid-scale, distribution-scale, and onsite solar sites.

5. Expansion: KPMG in Canada has launched a Decarbonization Hub to "help organizations achieve their emissions reduction and energy transition goals." The hub assists customers with developing decarbonization pathways; end-to-end support implementing decarbonization solutions;; navigating climate policy and incentives; structuring and arranging financing; and effective reporting.

B. Sustainability M&A, Investments, Funding and Green IT Business Launches

1. M&A - ESG Expertise: Straive has acquired Gramener, a design-led data science company. Straive is owned by BPEA EQT, a global investment organization. Gramener's expertise spans low-code AI for clients across multiple industries, including Pharmaceuticals & Life Sciences, Logistics & Manufacturing, ESG, and Technology & Consulting.

2. M&A - IT Asset Disposition (ITAD) Services: Iron Mountain has acquired Regency Technologies, aprovider of IT asset disposition (ITAD) services in the United States. Regency Technologies processes over 50,000 metric tons of material annually, reselling more than 2 million units across eight locations spanning the United States. The purchase price was $200 million, and the valuation was roughly 7.5 times annual EBITDA.

3. M&A - IT Asset Disposition (ITAD) Services: Private equity firm Closed Loop Partners has acquired Sage Sustainable Electronics, a circular economy and e-waste management firm.

4. M&A - Consulting: Schneider Electric has finalized the acquisition of EcoAct SAS from Atos Group. The acquired business provides climate consulting and net zero solutions.

5. M&A - Electric Vehicle (EV) Technology: Ford is buying Auto Motive Power (AMP) to bolster its charging, battery management and power conversion tech.

6. M&A List: Here's our database of all M&A deals involving sustainability, green IT and renewable energy buyers, sellers and investors.

C. Regional and Global Sustainability Policies and News

1. United States: The state of Washington released a recommendation to link its carbon market with similar programs in California and Quebec, a major milestone for state-level climate policy, Bloomberg reported.

2. United States - Puerto Rico Solar Energy Funding: The Biden administration is launching talks with solar energy companies and nonprofit groups to allocate roughly $440 million for rooftop solar and battery storage systems in Puerto Rico -- where storms have wiped out the grid in recent years, the Energy Department said, according to Retuers.

D. Sustainability and Green Technology Conference Calendar

  1. Cisco Partner Summit 2023 (November 6-9, Miami, Florida)
  2. Sustainable Detroit Forum 2023 (November 6, Detroit, Michigan)
  3. Smart City Expo World Congress 2023 (November 7-9, Barcelona, Spain)
  4. Oka' Sustainability Conference 2023 (November 8-9, Oklahoma)
  5. Americas Conference - Sustainable Resilience (November 9-11, San Francisco)
  6. Complete Calendar of Sustainability Conferences

E. Previous Updates & Future News

1. Did You Miss Yesterday's Daily Update?: Here is our previous sustainability, green IT and renewable energy news for technology partners.

2. Future Updates: Send us your news tips. Please email me the details.

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