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ClimeCo Makes Strategic Investment in EarthUP, Inc., an Innovative Sustainability Solutions Company – Canada NewsWire

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“In light of the shift of many employees to telecommuting over the past seven months, understanding employee greenhouse gas emissions and other environmental impacts have never been more significant for employers,” says Derek Six, ClimeCo’s Chief Business Officer.  “This shift enabled us to see that the employee-employer relationship doesn’t necessarily end at the exit door of the business.  The same ideas that help employees reduce their environmental impact also contribute to cost savings and improved health, productivity, and employee retention.  EarthUP’s proposal to create a partnership between businesses and their employees is a revelation.” 

ClimeCo has many clients who are doing their best to address their corporate environmental impacts, and this exciting new tool will help them to engage with their employees.  For individuals, EarthUP provides tips to reduce emissions, traffic, energy, waste, and water, and offers incentives they can use to improve their living environments at home.  The unique part about EarthUP’s platform is it allows employees and employers to work together to quantify and address environmental impacts.

“At EarthUP, we believe that by solving sustainability problems, we solve business problems,” says Stephen Bay, EarthUP‘s CEO.  “We are confident this truth is magnified when companies involve their employees, and we are looking for corporate partners to be leaders in proving this.” 

EarthUP is currently conducting its pilot phase and expects to launch its public version in January.  The web-based offering is expected to be a “freemium” product, with firms gaining access by subscription to enhanced reporting capabilities.  EarthUP is currently allowing organizations to sign up via our website (https://www.earthup.eco/landing-page/home_organizations) to join the waiting list.  Organizations that sign up before the launch date will get first access to the platform and will receive an enhanced dashboard at no additional cost.

With this investment, ClimeCo joins several other key investors, including Techquity (Techquity.ai), a founding investor that brings technology strategy expertise to the venture.  Techquity’s expertise was a significant factor in ClimeCo’s decision to make this investment in EarthUP.

About ClimeCo

ClimeCo is an Inc. 5000 company that is a respected advisor, transaction facilitator, and trader of environmental commodity market products. Specialized expertise in regulated carbon, regional criteria pollutant trading programs, voluntary markets, and project development and financing of GHG abatement and mitigation systems complement ClimeCo’s diverse portfolio. For more information or to discuss how ClimeCo can drive your organization’s value, contact us at 484.415.0501, [email protected], or through our website ClimeCo.com.

About EarthUP

EarthUP’s mission is to accelerate the transition to a sustainable economy by encouraging organizations to involve their employees, members, and customers in their sustainability mission.  Their platform is a portal that makes it easy for employers to connect with their employees and identify ways to improve the physical spaces of their home offices and living spaces, resulting in increased productivity and fewer sick-days while saving money.  For more information, contact them at 425.442.6140, [email protected], or through their website, EarthUP.eco.  

About Techquity

Techquity is a long-term investment and technology partner that brings technology strategy, expertise and execution to companies that seek to grow while changing the world.  Customized solutions containing a combination of advisory and operating roles, software development, and talent acquisition help produce technology equity for clients.  For more information, visit them at Techquity.ai.

SOURCE ClimeCo

For further information: Nancy Marshall, Corporate Marketing Director, 484.415.7603 or [email protected], https://climeco.com

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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