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Sustainability News 06 May 2024: Close the Loop, Ricoh, Stem APM Software, Torus Energy Storage, More

May 6, 2024 by Joe Panettieri

Here is today’s sustainability news, research and analysis for technology partners, renewable energy consultants and green IT service providers. Today's sustainability news also involves management consultants, CIOs, chief sustainability officers (CSOs), c-suite members and climate accounting professionals.

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

1. IBM Chief Sustainability Officer: Christina Shim has succeeded Wayne Balta as IBM chief sustainability officer (CSO).

2. Software and Energy Management: Stem has unveiled its PowerTrack Asset Performance Management (APM) suite. The software enables "owners, operators, and asset managers to centralize and streamline the management of storage, solar, and hybrid energy asset portfolios," the company said.

3. Office Equipment Recycling: Ricoh Australia has selected Close the Loop as its recycling partner in Australia.

4. Energy Storage - Board Advisor: Pilot Energy President Gary Hoogeveen has joined the board of Torus Inc., a renewable energy storage and management startup.

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

1. Financial Grant: An interdisciplinary UNLV team — backed by a $2.1 million award from the U.S. Department of Energy — is researching a solution that may replace legacy blast furnace technology.

2. M&A - Potential Exit: Johnson Controls International is considering the sale of its ADT alarms business as it offloads some non-core businesses, three people familiar with the matter told Reuters.

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

1. United Kingdom - London Mayor: Sadiq Khan, who promised more green policies after winning a third term as mayor of London, will have to manage a city that’s even more densely populated and vulnerable to climate change over the next four years, Bloomberg reported.

D. Sustainability and Green Technology Conference Calendar

  1. ServiceNow Knowledge 2024 (May 7-9, Las Vegas, Nevada)
  2. VelocityEHS Accelerate User Conference 2024 (May 7-9, Austin, Texas)
  3. Proof of Green: Future of Blockchain and Sustainability Conference (May 7-8, Dubai)
  4. Black Innovation Alliance (BIA) Sustainability Summit 2024 (May 7-10, Miami, Florida)
  5. CleanTech 2024 Asia (May 7-8, Singapore)
  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: If you have news to share then please email me the details.
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