Here is today’s sustainable IT services news, research and analysis -- written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
A. Sustainable Technology, Talent, Partnerships and Green IT Alliances
1. Energy Management Software: In a blog, IBM explained the ongoing shift to renewable energy -- and the need for energy management software solutions.
2. ESG Software: Schneider Electric continues to enhance EcoStruxure Resource Advisor, an enterprise software suite that helps customers to address ESG, energy and risk, and renewables and carbon. The latest ESG-focused enhancements, according to Schneider Electric, include...
- A library of standard ESG indicators mapped to frameworks to align with global standards and upcoming regulations like CSRD and disclosures.Â
- An AI-driven hub, enhancing data integration and accuracy across a business.
- Multi-entity data management and reporting.
- Custom visualizations and dashboards to help customers with ESG data interpretation and trend analysis.
3. Carbon Capture Startup: Startup 280 Earth, a product of Alphabet’s moonshot factory, has signed agreements worth $40 million to extract carbon dioxide from the atmosphere at a newly completed facility in Oregon, Bloomberg reported.
4. Tesla Robotaxi Delayed: Tesla is postponing its planned robotaxi unveiling to October 2024. The event had been slated for August 8, 2024. The delay will "allow teams working on the project more time to build additional prototypes," Bloomberg reported. Related: See all Tesla AI news and updates here.
5. Layoffs And Staff Departures: Nike, the global shoemaker and sports apparel manufacturer, since December 2023 has lost about 30% of employees who worked primarily on sustainability initiatives, due to layoffs, voluntary departures or transfers to other duties, according to ProPublica and The Oregonian/OregonLIve.
B. Sustainability M&A, Investments, Funding and Green IT Business Launches
1. M&A - Solar Energy: Freedom Forever, a residential solar energy installer, is purchasing certain assets from Meraki Solar. Moreover, Freedom Forever becomes the preferred service provider for Meraki's existing and newly signed solar customers. Also of note: Solar Pros, Freedom Forever's largest sales partner, will be the exclusive partner of Meraki's robust sales team. Financial terms of the deal were not disclosed. Heightened interest rates have pressured U.S. solar industry sales in recent years, but proponents believe potential interest rate cuts in late 2024 could help to re-accelerate the solar market.
2. 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. United States - Washington Legislation: Washington Governor Jay Inslee vowed to defeat an attempt to repeal his state’s landmark climate law, calling it a powerful tool to curb carbon pollution, create jobs and ensure low-income communities share in the prosperity of a clean economy, Bloomberg reported.
D. Sustainability and Green Technology Conference Calendar
- Sun Valley Forum 2024Â (July 15-18, Ketchum Idaho)
- CSR and Sustainability Summit MOZ 2024Â (July 17-18, Mozambique)
- Siemens Transform 2024Â (July 17-18, United Kingdom)
- ITAD 2024Â (July 23-24, Miami Beach, Florida)
- XeroCon Nashville 2024Â (August 14-15, Nashville, Tennessee)
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
- Did You Miss Yesterday's Daily Update?: Here is our previous sustainability, green IT and renewable energy news for technology partners.
- Future Updates: If you have news to share then please email me the details.
