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Sustainability News for Technology Partners: 10 January 2023

January 10, 2023 by Joe Panettieri

Good morning. Here is the latest news, research and market analysis that sustainable technology partners need to know for Tuesday, January 10, 2023.

1. Partnership - Hospitality Sustainability: Hospitality design specialist Studio Moren has announced a strategic partnership with the Energy and Environment Alliance (EEA) – an international not-for-profit coalition driving the decarbonization of the hospitality industry – to provide expertise on sustainable architecture and interior design practices across the sector, HospitalityNet reported.

2. Private Equity Fund - Climate Protection: Goldman Sachs Asset Management, the fund arm of Goldman Sachs (GS.N), has raised $1.6 billion for its first private equity fund focused on investing in companies providing climate and environmental solutions, Reuters reported.

3. Funding - Clean Robotics: Keep an eye on CleanRobotics -- and its 2023 growth plans...

4. Boardroom Expertise: In the UK, 44% of firms monitored have board directors with professional sustainability experience; significantly above the 32% recorded across European firms, according to Ernst & Young.

5. Chief Sustainability Officer: Jindal Stainless -- a stainless steel company in India -- has named Kalyan Kumar Bhattacherjee as the company's first chief sustainability officer (CSO).

6. European Policy: The European Central Bank must adjust its monetary policy to make it more climate-friendly, even as it shrinks its bloated balance sheet to fight runaway inflation in the euro zone, an ECB board member said, according to Reuters.

7. Financial Services - ESG Business for Sale: Finance in Motion, a German asset manager focused on environmental, social and governance investing, is exploring a sale, Pensions & Investments reported.

8. Research - US Greenhouse Emissions: Greenhouse gas emissions increased slightly from the previous year in 2022 by 1.3%, keeping the U.S. just 15.5% below 2005 levels and off track to meet its global pledge to slash emissions 50-52% by 2030, according to research group Rhodium -- as reported by Reuters.

9. Australia Pollution & Emissions Policy: Australia's Labor government proposed to make the country's biggest polluters slash emissions by 30% over the next seven years, with some leeway for trade-exposed industries, such as aluminum and liquefied natural gas (LNG), Reuters reported.

Got news to share? Email the details to Sustainable Tech Partner Editorial Director Joe Panettieri.

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