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. Executive Leadership - Incubator: ClimateHaven, a climate tech incubator in Connecticut, has hired Justine Lee as CEO.
2. Apple Watches: Customers can now "choose a carbon-neutral option of any Apple Watch," CEO Tim Cook said during Apple's Q4 2024 earnings call. The statement surfaced roughly one year after Apple introduced its first carbon-neutral watch in September 2023 -- though the claim involves Apple purchasing various carbon offsets. Related: Apple's sustainability strategy.
3. Data Centers: Microsoft is building its first datacenters made with ultra-lightweight wood in a bid to slash the use of steel and concrete, which are among the most significant sources of carbon emissions, the company said. Related: Microsoft sustainability strategy.
4. Partnership - Recycling Technology: Circular Solutions Advisors (CSA) and Plastiks are partnering to promote blockchain technology as a way to more effectively track recycling data.
5. Partnership - EV Charging Network: German power provider RWE signed a 15-year power purchase agreement with electric vehicle manufacturer Rivian. Translation: RWE will supply electricity to Rivian's EV charger network. Financial terms of the agreement were not disclosed.
6. Power Management: Eaton's stock fell nearly 5% after the power management company announced revenues that were slightly less than expected. Still, CEO Craig Arnold expressed optimism business optimism.
B. Sustainability M&A, Climate Tech Investments, Funding and Green IT Business Launches
1. Accelerator: The ninth DeltaClimeVT energy and climate business accelerator program is accepting applications through January 27, 2025. Cohort members will be announced February 11, 2025.
2. Funding: Andium, a provider of Industrial Internet of Things (IIoT) remote-field monitoring and communications technologies, has raised $21.7 million in Series B funding. Aramco Ventures led the round. Andium's platform tracks emissions data from energy networks, mining systems and more.
3. M&A - Solar Power: Assan Alüminyum has acquired a solar power plant in Karaman, Turkey. Financial terms of the deal were not disclosed.
4. 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. Trump: Environmentalists, government officials and former diplomats are bracing for a possible Trump election victory, and plotting ways to Trump-proof global cooperation on climate change, Bloomberg reported.
D. Sustainable IT and Green Technology Conference Calendar
- Gartner IT Symposium Xpo 2024 (November 4-7, Barcelona, Spain)
- Ecomondo 2024 (November 5-8, Rimini, Italy)
- GreenTech Forum 2024 (November 5-6, Paris, France)
- COP29 (November 11-24, Baku, Azerbaijan)
- GreenBuild 2024 International Conference and Expo (November 12-15, Philadelphia, Pennsylvania)
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
TK https://www.climatehaven.tech/
