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Sustainability News for Green IT and Technology Partners: 13 July 2023

July 13, 2023 by Joe Panettieri

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

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A. Sustainable Technology, Talent, Partnerships and Alliances

1. Talent - Data Centers: Open Access Data Centres (OADC), which serves Africa, has hired Sayuri Moodliar as head of ESG.

2. Talent - Google Cloud: Amazon Web Services (AWS) veteran and sustainable data center expert Chris Vonderhaar has joined Google Cloud as VP of demand and supply management.

3. Partnership - Sustainable Real Estate: Associa, which manages communities for nearly five million residents worldwide, has partnered with F&D Partners, a consulting firm specializing in energy efficiency and sustainability solutions. The result: Associa-managed communities throughout Canada can access F&D Partners’ expertise in energy audits, sustainability assessments, and customized energy management planning. 

4. 5G Networks: Ericsson’s new proof-of-concept 5G site in Texas has the "potential to be fully powered by solar energy complemented by integrated Lithium-ion batteries for up to a 24-hour period," the company said.

5. Semiconductor Supply Chain: Schneider electric has launched Catalyze, an initiative that's designed to "help decarbonize the semiconductor value chain." Early partners include Intel and Applied Materials.

6. Lab: ​Johnson Controls opened an OpenBlue Innovation Centre in Bengaluru, Karnataka. The new centre offers hands-on demos of net zero building technology and showcases Johnson Controls OpenBlue technology.

B. Sustainability M&A, Investments and Funding

1. Funding: ESG Bay, an environmental, social, and governance (ESG) self-assessment platform, has raised £135,000 in early stage funding via the FundMyPitch platform.

2. Venture Capital: The Coca-Cola Company and eight bottling partners have formed a $137.7 million venture capital fund focusing on sustainability investments. Greycroft, a seed-to-growth venture capital firm, will manage the Greycroft Coca-Cola System Sustainability Fund. The fund will initially focus on Packaging, heating and cooling, facility decarbonization, distribution and supply chain.

3. M&A - Wind Energy: Ryse Energy, a renewables company based in Abu Dhabi's Masdar City, has acquired wind turbine maker Primus Wind Power of Lakewood, Colorado. Financial terms of the deal were not disclosed.

4. M&A - Sustainable Buildings: Fidelity Building Services Group (Fidelity BSG) has acquired Environmental Systems Corporation (ESC) to expand Fidelity Energy & Sustainability, a national team of professionals dedicated to the transformation of buildings into energy-efficient, sustainable, and healthy environments. Financial terms of the deal were not disclosed.

5. All M&A Activity: Our M&A database has now tracked 96 mergers and acquisitions involving sustainability so far in 2023. See all M&A deals involving sustainability listed here.

C. Regional and Global Sustainability Policies and News

1. Global Sustainability: COP28 President-Designate Sultan Al Jaber described multiple sustainability goals on July 15. The statements aim to set the stage and tone for the COP28 climate change conference -- which the UAE will host starting in November 2023.

2. United States - Texas Renewable Energy: Texas electricity use jumped to an all-time high again as temperatures soar, but solar and wind power are keeping the lights on, Bloomberg reported.

3. Panama - Green Data Center: Telecom Italia’s infrastructure unit Sparkle launched the Panama Digital Gateway, a 3.5MW site considered the first “green datacenter” in the country, BNamericas reported.

4. Canada: The country announced $450 million for the Green Climate Fund, the world's largest dedicated climate change fund.

D. 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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