Here is today’s sustainable IT services and climate tech news, research and analysis -- written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
A. Sustainable IT, Talent, Partnerships and Green Tech Alliances
1. CES 2025 and Sustainability Discussions: Some sessions at CES 2025 (January 7-10, Las Vegas) will cover sustainability, renewable energy and carbon reduction innovations. We suspect at least two least two keynote speakers -- Accenture CEO Julie Sweet and Nvidia CEO Jensen Huang -- may mention energy efficiency and sustainable IT services. Accenture acquired sustainability consultancy IQT in December 2024. And Nvidia is striving to position new Blackwell GPUs as energy efficient chips for running AI applications at scale. Despite those potential anecdotes, we expect reduced chatter about sustainability at CES 2025 compared to previous events. If you think our thesis is wrong let us know.
2. Partnership - Renewable Energy and Data Centers: U.S.-based renewable energy developer UVCell Solar and Southeast Asian data center developer Iozela plan to co-develop a data center complex and renewable energy hub in Malaysia, Data Center Dynamics reported.
3. Research - Sustainability Software Market Growth Forecast: Annual sales of sustainability software are predicted to reach $19.92 billion by 2031, up from $9.52 billion in 2024, according to Market Research Intellect. That's a 13.09% compound annual growth rate (CAGR), the research firm said.
4. Tesla Electric Vehicle Unit Sales: Tesla's annual EV unit sales fell 1.1% in 2024 compared to 2023. The drop represents Tesla's first annual unit sales decline in a dozen years, AP reported. Still, Tesla’s global vehicle sales rose 2.3% in the final quarter of 2024 thanks to 0% financing, free charging and low-priced leases, the AP added. Related: Tesla's AI strategy.
B. Sustainability M&A, Climate Tech Investments, Funding and Green IT Business Launches
1. M&A - Private Equity and Consulting: Permira has acquired Westbridge Advisory, a European energy and sustainability advisory firm. Westbridge, founded in 2015, serves more than 600 institutional real estate clients on "all energy and sustainability related matters," the buyer said. Westbridge’s services span energy procurement advisory, green building certifications, ESG data management and sustainability consulting. The seller was GENUI. Financial terms of the deal were not disclosed.
2. M&A - Analytics: Bloomberg has acquired carbon credit data and analytics technology from Viridios AI. Moreover, several members of the Viridios AI team are joining Bloomberg. Financial terms of the deal were not disclosed.
C. Regional and Global Sustainability Policies and News
Nothing to share here today. Check back tomorrow for more updates.
D. Sustainable IT and Green Technology Conference Calendar
- CES 2025Â (January 7-10, Las Vegas, Nevada)
- Sustainable and Impact Investments International Conference 2025Â (January 14-15, Dublin, Ireland)
- Davos 2025Â --Â World Economic Forum 2025Â annual meeting (January 20-24, Switzerland)
- Sustainable Foods Summit 2025Â (January 22-23, San Francisco, California)
- Cleantech Forum North America 2025Â (January 27-29 in San Diego, California)
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
