Sustainable Tech Partner

New Workiva #carbonaccounting software, based on the $100 million Sustain.Life acquisition earlier this year, is off to a strong start in the market, CEO Julie Iskow told #WallStreet analysts. Early wins include European IT service provider and U.S. manufacturer. #ChannelPartners involved in multiple deals. The software is part of a larger platform play. Details: https://lnkd.in/ej_-QDCc #Workiva #Compliance #CSRD #Scope123

The #COP29 conference -- a look at which political leaders are attending, and which are skipping the annual #UnitedNations #ClimateConference. https://lnkd.in/eresrQrk

#AI #Lawsuit Dismissed: The Southern District of New York dismissed a lawsuit against #OpenAI filed by two news media outlets, Silicon Republic reported. The suit, filed by Raw Story Media and AlterNet Media in early 2024, alleged OpenAI violated the Digital Millennium Copyright Act (#DMCA) by scraping copyrighted journalistic work to train its #GenAI models, the report said. Several similar lawsuits have been filed against #Microsoft, #Anthropic, #Midjourney, #StabilityAI, #PerplexityAI, and #DeviantArt. Here's a timeline tracking each legal case, filings, plaintiffs, defendants and court rulings: https://lnkd.in/ejNf5GnC #GenAI #GenerativeAI #ArtificialIntelligence #LargeLanguageModels #LLMs #Copyright

Good morning. Here is today's #SustainableIT and #ClimateTech news for technology partners: 1. Carbon Accounting Software:  Workiva's #CarbonAccounting software, based on the $100 million Sustain.Life acquisition earlier this year, is off to a fast start in the market, according to #Workiva's Q3 2024 earnings call with Wall Street analysts. We'll share more perspectives soon. 2. Financial Results - Carbon Recycling Technology:  LanzaTech , a carbon recycling company, announced weak financial results for Q3 of 2024. LanzaTech missed its financial targets "due primarily to a timing delay related to a LanzaJet sublicensing event we were expecting, and to a lesser degree, softer ethanol pricing in a key fuel trading market of ours,” CEO Jennifer Holmgren said. 3. Financial Results - EV Charger Networks:  Blink Charging revenue was $25.2 million in Q3 of 2024, down 41.9% from Q3 of 2023. The company emphasized that it expects to achieve positive adjusted EBITDA in the second half of 2025. Amid the sales challenges, #BlinkCharging announced layoff plans in September 2024. The job cuts arrived ahead of a planned CEO transition. Blink Charging Chief Operating Officer Mike Battaglia will succeed President and CEO Brendan Jones on February 1, 2025, the EV charging company announced in August 2024. 4. Financial Results - Small Modular Reactors: N NuScale Power, a provider of #SMR #nuclearreactors, reported weak financial results for Q3 of 2024 but sees opportunity in the #AI #datacenter market. 5. Executive Leadership - Power Management:  Eaton has promoted senior VP Omar Zaire to president, Corporate and Electrical Sector for #EMEA (Europe, Middle East and Africa) region. Zaire succeeds Tim Darkes, who plans to retire in 2025. Eaton restructured in early 2024 and is seeking to make potential acquisitions, the company said at the time. Eaton, based in Dublin, Ireland, specializes in #PowerManagement solutions that improve #EnergyEfficiency and uptime in buildings, industrial facilities, data centers and homes. The company's sustainability strategy includes a heavy focus on data center solutions for partners and customers. See the entire report: https://lnkd.in/ey8dJnXe

Can Small Modular Reactors power AI data centers? Thoughts and anecdotal updates from NuScale Power CEO John Hopkins: https://lnkd.in/exWJmVvc #SmallModularReactor #SMR #NuclearEnergy #NuclearPower #DataCenters #AI #GenerativeAI

Good Thursday morning. Here is today's #sustainableIT and #ClimateTech news for technology partners. Updates for November 7, 2024 include: 1. ESG Software - Financial Results:  Workiva revenue was $186 million in Q3 of 2024, up 17% compared to Q3 of 2023. GAAP net loss was $17 million compared with a net loss of $56 million for Q3 of 2023. Revenues exceeded Wall Street's expectations, but earnings fall short of third-party forecasts. We'll offer more thoughts soon. #Workiva 2. Partnership - Fortune 1000 Engagements: #VERSESAI and #goProdigii are partnering to promote sustainability planning and compliance solutions with #Fortune1000 clients. 3. Executive Leadership:  Cushman & Wakefield has announced Megan S. as head of sustainability for the UK. 4. Executive Leadership - Consulting:  WSP named Mark Naysmith as global chief operating officer, effective January 2025. 5. Partnership - Data Centers:  atNorth has expanded two #datacenters in Iceland. A partnership with AgTech startup Hringvarmi will recycle excess data center heat for use in food production. The goal: utilize waste heat to grow microgreens in collaboration with the food producer Rækta microfarm undefined, the companies said. 6. Supercomputer - Nuclear Fusion Research:  #ENEA, a National Agency for New Technologies, Energy and Sustainable Economic Development, plans to deploy a Lenovo #HPC system at the Portici (Naples) hub. The goal: Accelerate research activities on #cleanenergy, in particular on #nuclearfusion, the organizations said. 7. Funding - Clean Energy:  ZE ENERGY, a Paris-based developer of photovoltaic power plants and #energystorage solutions, raised €54 million (USD $57.8 million) to fund continued European expansion, ESG Today reported. See entire daily update: https://lnkd.in/erTMqXBB

Status Update: Johnson Controls, while hunting for an executive to succeed current #CEO George Oliver, continues to gain momentum in the #smartbuilding and #sustainable technology markets. Much of that success involves #datacenter solutions and direct sales rather than #channelpartners -- though the company has 10,000 partners. Here's a status update on the #JohnsonControls business, direct vs indirect revenue mix, and CEO search: https://lnkd.in/gc5Z84gN #AI #IoT #cloudservices #CarbonReduction #NetZero

Good Wednesday morning. Here is today's #ClimateTech and #sustainableIT news for technology partners. Updates outside of the US Presidential election for November 6, 2024 include: 1. Financial Performance, CEO Search:  Johnson Controls, which promotes building energy management and various sustainability solutions, announced Q4 2024 financial results that beat Wall Street's expectations. So what's next? Current Johnson Controls CEO George Oliver is set to retire once the board finds a successor. The planned CEO transition surfaced after activist firm Elliott Investment Management L.P. pushed for changes at the company. 2. Partnership - Consulting and Software:  Advito and Clarasight are partnering to help organizations measure, budget, and forecast their #carbonemissions, the companies said. 3. Software:  Source Intelligence is pitching C-Map, a #SaaS platform that "empowers enterprises to manage compliance and #sustainability with greater efficiency," the company asserts. 4. ESG Software Launch:  HSI has expanded its #ESG solution with a new GHG Management Module. The module "harmonizes data collection in one platform, and provides insights assisting organizations in achieving their carbon reduction targets," HSI said. 5. Nuclear Commitment: Amazon has said it will continue to back a deal for an #AWS data center in Pennsylvania powered by Talen Energy's #nuclearpower plant, despite regulatory pushback, SeekingAlpha reported. 6. Research - Small Modular Reactors (SMRs): The global #SmallModularReactor (#SMR) market will reach $6.48 billion by 2031, up from $5.72 billion in 2023, DataM Intelligence predicted. That's a 1.6% compound annual growth rate (CAGR). That's a remarkably slow growth rate considering the hype about SMRs as a potential power source for #AI #datacenters, Sustainable Tech Partner believes. 7. Research - Carbon Footprint Management Market Forecast: The global #CarbonFootprint Management Market will reach $18.2 billion by 2031, up from $9.3 billion in 2021, according to Allied Market Research. That's a 7% compound annual growth rate (CAGR) for the forecast period. 8. Research - E-Waste Recycling Market Forecast: The global #ewaste recycling market will reach $66.33 billion in 2029, up from$48.41 billion in 2024, according to MarketsandMarkets™. That's a 6.5% compound annual growth rate (CAGR), the researcher said. See the entire update: https://lnkd.in/e9_fPKud

What a #Trump victory & second presidency means for #ClimateTech and #sustainableIT startups. Bottom line: You better have a path to profitability that doesn't require government funds. Details: https://lnkd.in/eax-vy4k Nuggets of info to note: 1. Trump is expected to end U.S. participation in the #ParisAccord, which may threaten global climate initiatives. Trump in 2017 made a similar move during his first presidency, but the Biden Administration restored #ParisAgreement participation in 2021. 2. Trump wants to halt #InflationReductionAct spending -- which involves billions of dollars in Climate Tech and U.S. energy transition projects. 3. Still, some executives doubt Trump will exit the Paris Accord or end IRA spending, particularly since both efforts can create jobs in some sectors, Reuters noted. 4. #ElonMusk, a close advisor to Trump, has vowed to scrutinize and cut various federal government spending. Musk, CEO of #Tesla, #SpaceX and X (formerly Twitter), spent heavily on Trump's election campaign after feuding with the #Biden Administration on multiple fronts.

Good Tuesday morning. Here is today's #sustainableIT and #ClimateTech news for technology partners. Updates for November 5, 2024 include: 1. Executive Leadership - Smartphones: Sustainable #smartphone maker Fairphone of Amsterdam has hired Chandler Elizabeth Hatton as chief technology officer (CTO). The move comes roughly three months after the company hired Raymond van Eck as CEO. 2. Executive Leadership - Smart Buildings:  Johnson Controls has named Richard Lek as VP and president, Building Solutions Europe, Middle East, Africa, and Latin America (EMEALA). Lek succeeds Marc Vandiepenbeeck, who remains executive VP and CFO of Johnson Controls. #SmartBuildings 3. Remanufactured Laptops and Clean Water: Circular Computing has partnered with an international charity to help deliver clean, safe water in countries low on the UN Development Index around the world, the firm said. Special thanks to Hamish Hallett of #TheAcademyPR for the info. 4. IT Asset Disposition (ITAD):  Teqtivity is focusing its IT asset management (#ITAM) services on sustainability opportunities. The effort includes automated asset monitoring, proactive maintenance scheduling to extend device lifecycles, and integration with certified IT asset disposition (#ITAD) partners. 5. Electronics - Circular Economy:  PayMore® Stores -- a retail chain that allows customers to buy, sell and trade their electronic devices -- has opened its 50th location. The retail chain expects to span nearly 30 U.S. states by the end of 2024, Chain Store Age reported. Thank you to Lynnea Rogers of Fransmart for the info. 6. Google Partner:  Blyncsy, a Bentley Systems company, has achieved the Google Cloud Ready - Sustainability designation in the #Google Cloud Partner Advantage Program. 7. AI Chip Orders:  NVIDIA is shifting #AIchip orders from Supermicro Computer to other suppliers amid #SuperMicro accounting question marks, #Digitimes reported. 8. Research - Business Travel Benchmarking: Organizations need to take additional steps to materially reduce their business travel emissions, according to the GBTA | Global Business Travel Association (GBTA) and Accenture. 9. Meta AI Data Center Plan - Nuclear Setback: The #Meta plan to build an AI #datacenter in the U.S. that runs on #nuclearpower were thwarted in part because a rare species of bee was discovered on land earmarked for the project, The Financial Times reported. Meta is parent to Facebook. 10-. M&A - Hospitality Services: Hotel sustainability specialist Greengage | B Corp™ Solutions of Buckinghamshire, England, has acquired Responsible Futures to expand its 360 consulting division. Get deeper details here: https://lnkd.in/eHu5H3gG