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Sustainable Technology News 14 June 2024: EY, Esker, KPMG, SAP and More

June 14, 2024 by Joe Panettieri

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.

Sustainable Technology, Talent, Partnerships and Green IT Alliances

1. ERP Software: Enterprise software giant SAP remains committed to sustainability, but the 2024 Sapphire customer and partner conference didn't emphasize sustainable IT services as much as the 2023 event, Forrester asserted.

2. Research - ESG Data Challenges: Only 29% of companies feel they have the ESG policies, skills and systems in place to be ready for independent ESG data assurance, KPMG research found.

3. Partnership - IT Services and CSRD Compliance: Esker and EY Services France are partnering to help organizations tackle regulatory changes such as the French e-invoicing reform and the implementation of the Corporate Sustainability Reporting Directive (CSRD).

4. Partners Wanted - Environmental Services: Renovo, a creative and environmental agency, is seeking sustainability partners across Canada and the U.S. Key focus areas for the company have involved drone reforestation, circular economy initiatives, and innovation accelerators.

5. Partnership - Electric Vehicle (EV) Charging: ChargePoint and Porsche Cars North America (PCNA) are partnering to boost the number of EV chargers available to Porsche customers to more than 100,000 across North America, the companies said. The partnership surfaces amid ChargePoint's effort to achieve positive non-GAAP adjusted EBITDA in the fourth quarter of calendar year 2024. The ChargePoint business journey since 2023 has involved a CEO change and layoffs.

6. AI Security Concerns: Microsoft has delayed the launch of an AI feature called Recall amid security concerns, SeekingAlpha reported.

B. Sustainability M&A, Investments, Funding and Green IT Business Launches

1. 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

2. G7 Meeting - Energy Transition Policy: Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, Reuters reported, according to a draft of a statement to be issued at the end of their ongoing summit in Italy.

3. G7 Partnerships: At the 2024 G7 Summit in Italy, multiple organizations -- including BlackRock, Microsoft, Brookfield, and the World Bank -- reaffirmed their commitment to unlock public and private capital for accelerating sustainable infrastructure investment, SeekingAlpha reported. The effort involves the Partnership for Global Infrastructure and Investment, the Biden administration said.

4. United States - Electric Grid Enhancements: Power grid technologies have gained momentum in Washington D.C. and state capitals in recent weeks, Bloomberg reported, as a way to connect more renewable energy and meet rising demand without building as many new transmission lines.

5. United States - University Milestone: The SUNY College of Environmental Science and Forestry (ESF) is the first higher education institution in the country to earn the Total Resource Use and Efficiency (TRUE) precertification for its campus-wide policies and actions to reduce waste and prioritize sustainability.  The College intends to achieve full TRUE certification in the future. Overseen by Green Business Certification Inc. (GBCI), TRUE helps facilities measure, improve and recognize zero waste performance through sustainable waste management and reduction practices.

6. Philippines Energy Transition: The Philippines will temporarily halt processing of new applications for renewable energy projects amid a flood of contracts and associated projects, Bloomberg reported.

7. Japan Energy Strategy: Japan, a major coal and liquefied natural gas (LNG) buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with storage batteries, Reuters reported.

D. Sustainability and Green Technology Conference Calendar

  1. HPE Discover 2024 (June 17-19, Las Vegas)
  2. Pure Accelerate 2024 (June 18-21, Las Vegas)
  3. World ESG and Climate Summit 2024 (June 18-19, Amsterdam)
  4. GreenFin 24 Conference (June 18-20, New York)
  5. MOVE 2024 (June 19-20, 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: If you have news to share then please email me the details.
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