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Sustainability News for Green IT and Technology Partners: 25 August 2023

August 25, 2023 by Joe Panettieri

Here is today‚Äôs 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. Annual ESG Reports: Our global database of annual sustainability and ESG reports now spans 280 companies. The latest addition is Bristol Myers Squibb.

2. Chief Sustainability Officers (CSO) List: Our database of chief sustainability officers now spans 319 CSOs. The latest addition is include Meredith Berger, Assistant Secretary of the Navy (Energy, Installations, and Environment) and Chief Sustainability Officer, U.S. Navy.

3. Deloitte, Google Cloud Partnership: Global systems integrator Deloitte and Google Cloud are partnering to offer generative AI and geospatial data applications designed to help customers address climate risks and net-zero carbon emission strategies, the two companies said.

4. Hitachi Energy, Google Cloud Partnership: Hitachi Energy and Google Cloud are partnering to develop multiple cloud software products and services to help customers accelerate the global energy transition toward green and renewable sources.

5. Electric Vehicle Charging: Tesla's Supercharger Network could ultimately generate $20 billion in annual revenues, SeekingAlpha reported. Amid partnerships with multiple electric vehicle (EV) car companies, Tesla's North America Charging Standard (NACS) appears poised to become an industry standard.

6. COP28 Climate Conference Preview: A Water Agenda at the conference will feature three priority areas: (1) conserving and restoring freshwater ecosystems, (2) enhancing urban water resilience, and (2) bolstering water-resilient food systems, according to summit organizers. Related: See COP28 preview and news timeline here.

7. Executive Leadership: GE Vernova has hired Owens Corning veteran Ken Parks as CFO, and Vic Abate as CEO of the company's Wind segment. The company -- which develops power, wind and electricity solutions -- is set to spin off from General Electric in the next few months.

8. Growth - Building Energy Management Systems: Budderfly landed on the Inc. 5000 list of fastest-growing privately held U.S. companies for 2023. Budderfly develops a subscription-based technology service to manage and improve the energy efficiency of HVAC systems. The company has grown annual revenue 282% over the past three years, according to the report.

B. Sustainability M&A, Investments and Funding

1. All M&A Activity: Our M&A database has now tracked 121 mergers and acquisitions so far in 2023. See all M&A deals involving sustainability listed here.

C. Regional and Global Sustainability Policies and News

1. Brazil: The country is set to issue around $2 billion in its first sustainable sovereign bonds in September 2023, a senior Finance Ministry official said, according to Reuters.

D. Sustainability and Green Technology Conference Calendar

  1. Google Cloud Next 2023 Partner and Customer Conference (August 29-21, San Francisco)
  2. Sustainability Live 2023 (Sept. 6-7, London, United Kingdom)
  3. ICSD 2023 Sustainability Conference (September 6-7, Rome, Italy)
  4. Sustainability Reporting Europe 2023 (September 6-7, London, United Kingdom)
  5. Reuters Impact 2023 (September 6-7, London, United Kingdom)
  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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