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. IT Services and Cloud Software: Capgemini and Salesforce Net Zero Cloud (NZC) have partnered to assist luxury watch maker Breitling with its carbon data management and net zero efforts.
2. IT Services and Renewable Energy: At NTT Data Business Solutions, almost half (49%) of all data center energy consumption involves renewable energy, the global IT service provider said in its second Sustainability Report.
3. Amazon Employee Survey: Most Amazon corporate workers are worried that senior leadership is misleading the public about Amazon's climate impact, according to an independent survey spanning 800 Amazon workers.
4. Partnership - Higher Education: The University of New Mexico (UNM) and Lobo Energy Incorporated (LEI) are working with Energy Systems Group (ESG) to enhance the sustainability and operational efficiency on the UNM South Campus, the organizations said.
5. Tesla Supercharger Interoperability Limits: Only about 100 of Tesla's 2,500 or so U.S. Supercharger stations feature the Magic Dock to support third-party EV charging, according to a Bloomberg Green analysis.
6. Renewable Energy - Restructuring: Maxeon Solar Technologies plans to focus exclusively on the U.S. market. The company is selling its EMEA (Europe, Middle East and Africa), APAC (Asia Pacific) and LATAM (Latin America) operations to parent TCL Group. The newly formed business will be known as TCL SunPower International. The company breakup surfaces roughly one month after Maxeon named George Guo to succeed Bill Mulligan as CEO. The company in September 2024 reported weak Q2 revenues, and predicted Q3 revenues will "decline significantly" from Q2 due to "intense competitive pressures, subdued distributed generation market demand, project delays and order cancellations... and an unpredictable policy environment," SeekingAlpha reported. The solar energy company had job cuts in 2023.
7. Solar Energy - Layoffs: SolarZero has ceased operations, laid off 160 employees, and is facing liquidation, NewsRoom Pro reported. SolarZero, backed by BlackRock, is based in New Zealand.
B. Sustainability M&A, Climate Tech Investments, Funding and Green IT Business Launches
1. M&A - Waste Management: Re Sustainability International has acquired G3 Environmental Private Limited, an industrial and commercial waste management company in Singapore. Private equity firm KKR owns 60% of Re Sustainability as of November 2024.
2. M&A - Battery Energy Storage Systems: MET Group has acquired Comax France, a developer of battery energy storage systems (BESS). This is MET Group’s first investment in French energy infrastructure.
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. COP30 Focus: Marina Silva, Brazil's Minister of Environment, said that Cop29 was the finance Cop but Cop30 would be the Cop of Nationally Determined Contributions (NDCs) – plans set out by governments to tackle climate change., The National News reported. Climate activists hope more can be achieved in Brazil than in Baku, Azerbaijan, over the past two weeks.
2. Australia Emissions Reduction Goals: Australia is on track to meet 2030 emissions cuts targets, Bloomberg reported.
3. China Emission Reduction Challenges: China's emissions of carbon dioxide are on course to rise slightly in 2024, despite rapid progress on renewables and electric vehicles, putting a key 2025 climate target further out of reach, Reuters reported.
D. Sustainable IT and Green Technology Conference Calendar
- European Sustainable Packaging Summit 2024 (November 28-29, Germany)
- AWS re:Invent 2024 (December 2-6, Las Vegas, Nevada)
- Apidays Paris 2024 (December 3-5, Paris, France)
- Demonstrate Deploy Decarbonize 2024 (December 4-5, Washington, D.C.)
- Future Sustainability Forum 2024 (December 4-5, Jumeirah, Dubai)
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
- Future Updates: If you have news to share then please email me the details.
- Did You Miss Yesterday's Daily Update?: Here is our previous sustainable IT, climate tech and renewable energy news for technology partners.
