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☆ This international stock picker beats the market long term by mastering downside risk
▼ + stars: | 2023-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Now the manager of the Goldman Sachs' International Equity Income Fund (GSTKX) , as a young man Deladerriere was surrounded by farmers and government employees, not investors. Deladerriere sought out companies with good business fundamentals, saying many of the firms he invested in back then have survived and are "actually thriving." One was French energy technology provider Schneider Electric, still a holding in his Goldman fund. He landed a research internship at Goldman Sachs Asset Management, and is now a partner and head of international developed markets equity. Good times and bad In 2012, Deladerriere started managing Goldman International Equity Income, a $1.1 billion fund with a five-star rating from Morningstar.

Persons: Alexis Deladerriere, Goldman Sachs, Deladerriere, Goldman, that's, Morningstar Organizations: International Equity Income, Schneider Electric, Ecole Superieure de Commerce de Paris, Goldman Sachs Asset Management, Goldman International Equity, Morningstar, Vinci, Schneider, Stock, Zurich Insurance Group, Singapore Locations: France, French, Europe, Australasia, London, New York, U.S, Swiss

☆ Energize Capital just raised a $300 million fund to back growth-stage climate tech startups. Here's the 11-slide pitch deck it used to get investors on board.
▼ + stars: | 2023-07-31 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +2 min

Chicago-based climate software fund Energize Capital just raised $300 million in growth funds. Chicago-based Energize Capital, formerly Energize Ventures, just raised $300 million to help close the growth funding gap for climate startups. The growth capital will be spread across 12 startups over a three-year investment period, with around half expected to be from Energize's earlier-stage ventures portfolio, Tough said. Currently a team of around 20, Energize expects to keep growing and have five investors on its growth fund. Check out the 11-slide redacted pitch deck Energize used to raise the fund below:

Persons: generalists, John Tough, Energize, Caprock, Tough Organizations: Energize, Energize Ventures, Aurora, Bank Credit Suisse, Mercy Investment Services, Schneider Electric Locations: Chicago, Europe

☆ These 11 funds have performed as well as tech stocks over the past 5 years
▼ + stars: | 2023-07-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Look beyond tech But there are opportunities beyond tech: Morningstar data reveals the funds outside of tech and growth sectors that have also outperformed over the last five years. Top holdings include Home Depot, Johnson Controls International, Floor & Décor and Trane Technologies. Guinness Atkinson Alternative Energy Fund : This fund picks companies in the alternative energy sector, with at least half of the business dedicated to renewable energy or energy efficiency. Global X Lithium and Battery Tech ETF : The ETF comprises lithium producers and lithium battery makers — all essential to electric vehicles. Top holdings include United Airlines, Marathon Oil, Tyson Foods, Best Buy, and Synchrony Financial.

Persons: James Demmert, Hubbell, MasTec, Invesco Russell, Russell, Vanguard Baillie Gifford Organizations: Street Research, U.S . Federal, Morningstar, Enphase Energy, Fidelity, Housing, Home, Johnson, Trane Technologies, Guinness Atkinson Alternative Energy Fund, Schneider, NextEra Energy, Shelton Sustainable Equity Fund, Bunge, Battery Tech ETF, Samsung SDI, Trust, Industrial Renaissance, SPX Technologies, Sterling Infrastructure, Global, U.S . Infrastructure Development, Holdings, Rockwell Automation, United Rentals, Deere, Co, United Airlines, Marathon Oil, Tyson Foods, Synchrony, Heptagon, Equity Fund, Xenon Pharmaceuticals, TransMedics, FTAI Aviation, Vanguard, Moderna, Alnylam Pharmaceuticals, Coursera, Water Resources, Nasdaq, Water Locations: Luxembourg, Eaton, Albemarle

☆ Atos lifts sales target, expands divestment plan
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of French IT consulting firm Atos is seen on its new supercomputer BullSequana XH3000 during a news conference in Paris, France, February 16, 2022. REUTERS/Sarah MeyssonnierJuly 28 (Reuters) - France's Atos (ATOS.PA) raised its annual organic revenue target on Friday, pointing to improving commercial traction and high demand, and said it planned further divestments. Atos expects to achieve the initial divestment target by the end of 2023, when the sale of its sustainability consultancy unit Ecoact to Schneider Electric (SCHN.PA) is completed. "We have already received signals of interest for assets we've identified in our supplementary divestment plan," Senior Executive Vice President Diane Galbe said in a call with journalists. Atos's revenue for the six months through June was 5.5 billion euros ($6 billion), slightly below the 5.57 billion euros expected by analysts polled by Refinitiv Eikon.

Persons: Atos, Sarah Meyssonnier, Ecoact, Diane Galbe, Refinitiv Eikon, Victor Goury, Milla Nissi Organizations: REUTERS, Schneider Electric, Thomson Locations: Paris, France, Laffont, Gdansk

☆ Today's vision for the homes of tomorrow
▼ + stars: | 2023-07-18 | by ( Sponsor Post | Created Insider Studios With Schneider Electric | ) www.businessinsider.com time to read: +9 min

The impact of the climate crisis is now affecting people every day, with record temperatures seen globally and extreme weather events becoming increasingly common. Florent Berard, Schneider ElectricThe stakes could not be higher, Berard said, as the world is at an "inflection point." To mitigate the worst effects of the climate crisis, Berard said it's important to look at how we drive the right behaviors. Visualized on a smartphone, the intelligent panel provides invaluable insights into a home's real-time energy consumption. This means a net-zero built environment must be a marriage of the past and present, combining sustainable design and sensitive retrofits with smart digital solutions.

Persons: Florent Berard, it's, Schneider, Berard, —, It's, Schneider Electric's Organizations: Deloitte, Schneider, Distribution, EU, Home Energy Management Solutions, Schneider Electric, Insider Studios Locations: Ukraine

☆ How to Start Accounting for Carbon
▼ + stars: | 2023-07-04 | by ( Dieter Holger | ) www.wsj.com time to read: +9 min

Start with the easier stuffBegin with the more straightforward direct emissions from operations and energy purchases—so-called Scope 1 and 2 emissions. On its website, the company provides emissions data for computers and its sustainability-linked sales rose to $3.5 billion in 2021, about 5% of total sales. For HP and Nestlé, more than 95% of their carbon footprint is Scope 3 emissions. To make Scope 3 accounting more accurate, companies can add data that comes directly from their suppliers, if it is available. Businesses can also work together with their suppliers and customers to provide some training and resources to help them get their own carbon accounting in order.

Persons: James McCall, Benjamin Ware, Holcim, Magali Anderson, HP’s McCall, ” McCall, Nestlé’s Ware, “, McCall, GaBi, Nestlé, ” Ware, Don’t, Holcim’s Anderson, Elisabeth Real “, ”, Dieter Holger Organizations: Sustainable Business, HP, World Wildlife Fund, Environmental Defense Fund, Nestlé, Schneider, Engineers, Finance, WWF, Schneider Electric, Food, dieter.holger Locations: U.S, Europe, Texas

☆ The US stock market rally is unsustainable, but making these 20 international investments can lead to long-term profits, according to 3 fund managers with over $43 billion in combined assets
▼ + stars: | 2023-06-30 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

International stocks have underperformed for over a decade, while US growth names took off. However, foreign companies have attractive relative valuations and earnings growth. Why foreign stocks are more than just a good dealAnyone bullish on international stocks will almost always point to their valuations relative to US companies. Investors can get downside protection in this uncertain environment by buying international stocks that are high quality and can generate their own growth, Deladerriere said. And in addition to their rising earnings growth, the fund manager noted that the two pay sizable dividends.

Persons: they've, Nick Paul, Paul, Steve Gorham, who's, Gorham, Wes Crill, Crill, isn't, Alexis Deladerriere, Deladerriere, there's, Goldman, haven't, He's, it's Organizations: MFS Investment Management, Value, Vanguard, Index, Yahoo Finance, Dimensional Fund Advisors, Fund, Goldman Sachs International Equity Income, Goldman, Asset Management, Goldman Sachs, Management, HSBC, BNP, Schneider, MFS, Hitachi Locations: Europe, Asia, BlackRock, weightings, Gorham, Japan, London, Paris, Spanish, Ukraine, France, Australia, Taiwan

☆ Siemens and UCLA say data compromised in MOVEit data breach
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

The hackers behind the wide-ranging breach, Cl0p, had earlier boasted about stealing data from UCLA and Siemens on their website. Cl0p also claimed to have stolen data from biopharmaceutical company Abbvie Inc (ABBV.N) and French industrial group Schneider Electric (SCHN.PA). Siemens and UCLA provided few additional details about the scope or consequences of the breach. Siemens said none of its critical data had been compromised and its operations remained unaffected. UCLA said its campus systems were unaffected and that "all of those who have been impacted have been notified".

Persons: Cl0p, Christoph Steitz, Raphael Satter, Matthias Williams, Mark Potter Organizations: Siemens Energy, University of California, UCLA, Siemens, Abbvie Inc, Schneider, FBI, Genworth, Thomson Locations: FRANKFURT, Los Angeles, UCLA

The total number of recent victims from the online extortion ring has reached 121 organizations, according to Brett Callow, whose cybersecurity company Emsisoft helps companies respond to digital shakedown attempts. In 2021, Ukrainian authorities announced the arrests of six people tied to cl0p, but it's not clear that they were core members of the group, which continued to hack victims. Plundering file transfer protocols has become increasingly popular as hackers shift from encrypting data to simply stealing files and threatening to release them unless a ransom is paid. Many of the organizations stress that the target of the hack is the file transfer service, not their systems. The FBI said it was "aware of and investigating the recent exploitation of a MOVEit vulnerability by malicious ransomware actors."

Persons: Brett Callow, encrypting, TrendMicro, didn't, Cl0p, Emsisoft, Charles Carmakal, Raphael Satter, Christopher Bing, James Pearson, Cynthia Osterman Organizations: University of California, Siemens Energy, Abbvie Inc, Schneider, Publicly, Sony, Shell PLC, Government, U.S . Energy Department, Alphabet Inc, FBI, Thomson Locations: Los Angeles, Russia, Washington, London

☆ Climate change isn't a political question but a scientific fact, says Schneider Electric chairman
▼ + stars: | 2023-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClimate change isn't a political question but a scientific fact, says Schneider Electric chairmanJean-Pascal Tricoire, Schneider Electric chairman, explains why COP28 "has to be the COP of inclusion."

Persons: Jean, Pascal Tricoire Organizations: Schneider, Schneider Electric

☆ Analysis: EV charger makers guardedly look to adopt Tesla standard
▼ + stars: | 2023-06-12 | by ( Abhirup Roy | ) www.reuters.com time to read: +5 min

The White House said on Friday that EV charging stations that offer Tesla plugs would be eligible for billions of dollars in federal subsidies as long as they included CCS connectivity. The White House aims to spur deployment of hundreds of thousands of chargers, which it sees as integral to EV adoption. The person, who now works for a charging company, is not authorized to speak to the media and declined to be named. The company that is developing CCS chargers, is "reviewing" its strategy because of the Tesla-GM deal. Logvinov, who is also chief executive of EV charging parts supplier IoTecha, said CCS was worth backing because it had worked for more than a decade with multiple vendors.

Persons: Biden, Tesla, Asaf Nagler, Ashley Horvat, BLNK.O, Jonathan Levy, Aatish Patel, Patel, Superchargers, Oleg Logvinov, Abhirup Roy, Hyunjoo Jin, Jarrett Renshaw, Sayantani Ghosh, Jonathan Oatis Organizations: Ford, GM, Tesla Inc, Tesla's, EVgo Inc, ABB, America, ABB Ltd, Schneider, EV, Ford Motor Co, General Motors Co, ChargePoint Holdings, Reuters, Tesla, CharIN, Logvinov, IoTecha, Thomson Locations: U.S, Swiss, America, CharIN North America, San Francisco, Philadelphia

☆ Outperforming fund manager shares tips on investing sustainably — and generating big returns
▼ + stars: | 2023-05-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Philip Ripman manages the $1 billion Storebrand Global Solutions fund, with a focus on sustainability. As well as green energy stocks, Ripman also invests in chipmakers, cybersecurity stocks, pharmaceuticals and more. Ripman shared three tips for investing sustainably on CNBC Pro Talks , including how to play the renewables theme. Renewables are 'cheaper' right now Ripman said that renewable energy stocks look relatively cheap and offer "a lot of opportunity" right now. Consider what's needed in the future The four themes in Ripman's fund — smart cities, circular economy, equal opportunities, and renewable energy — are what he believes will be "essential in years to come."

Global supply chains grew overwhelmed as they struggled to deliver. But Prange said most of his supply chain had stabilized - meaning he was able to get most of what he needed - by the end of 2021. "One of the headwinds is inflation," said Kevin Austin, the supply chain chief for Toyota Motor North America. Meanwhile, the global supply chain snarls of the pandemic have diminished. The New York Fed's Global Supply Chain Pressure Index ticked down to a reading of -1.32 in April, compared to a revised -1.15 in March.

☆ Schneider Electric Expands North American Manufacturing
▼ + stars: | 2023-05-15 | by ( Liz Young | ) www.wsj.com time to read: 1 min

Schneider Electric is moving some manufacturing to North America from Asia and Europe. Here, a Schneider facility in Tianjin, China. Photo: Li Ran/Zuma PressSchneider Electric , one of the world’s largest makers of electrical and automation products, is shifting some manufacturing closer to the U.S. from factories in Asia and Europe as it pushes ahead with a regional manufacturing strategy. The moves are meant to position the France-based company, which makes goods such as light switches, electric-vehicle chargers, home-automation systems and data-center equipment, to meet growing demand in North America and to compete for federal subsidies aimed at expanding manufacturing in the U.S.

☆ This former Tesla developer is reinventing the home electrical panel
▼ + stars: | 2023-05-02 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

One major component of that, however, is not very smart at all: the electric panel. The Span panel is capable of measuring every circuit in your home and giving you, as the homeowner, control over the dials. "The Span panel is increasingly becoming a default solution when paired with resiliency products." Buyers of the Span panel are eligible for tax incentives that apply to both the product and its installation. Some homebuilders are adopting the Span panel because it reduces the costs for new builds.

☆ Climate-Disclosure Rules Are Coming. Here’s How Companies Are Adapting.
▼ + stars: | 2023-04-25 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

International jurisdictions and the U.S. Securities and Exchange Commission are expected to finalize rules by this summer that will require public companies to report their greenhouse-gas emissions. Direct suppliers are known as tier 1 with that number increasing the deeper you go down the supply chain. Partnerships with suppliers: Large companies are working with small suppliers to overcome hurdles to accessing renewable power supplies, a relatively straightforward way to cut emissions. In October, it said its first group was five companies, including Amy’s Kitchen Inc., Levi Strauss & Co. and J.M. Targets for lower-emission alternatives: Nestlé SA is paying a premium to farmers in its supply chain that cut emissions by following regenerative farming practices.

☆ How digital ecosystems can build a closer, more inclusive world
▼ + stars: | 2023-04-13 | by ( Sponsor Post | Created Insider Studios With Tata Communications | ) www.businessinsider.com time to read: +9 min

How to build a world that looks after everyoneThe conference highlighted the need to embrace equity in all walks of life. Tata Communications’ Genius Wong pledges to build a more inclusive digital economy and work with Georgette Tan (pictured) and the team at United Women Singapore to bridge the digital divide. Adopting Tata Communications' remote broadcast solution helped his organization reduce its normal on-site staff count by over 30% without compromising content delivery. Tata Communications leadership along with SMS Tan Kiat How stand together to build a secure and inclusive digital economy. Find out how Tata Communications is hyperconnecting Formula 1 fans globally to the world-class track-side F1 experience.

☆ Corporate Sustainability Becomes a Team Sport
▼ + stars: | 2023-03-15 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +7 min

Chief sustainability officers have historically been technical experts focused on helping companies decode their carbon footprint. Today’s CSOs are business-transformation specialists who run point for companies in their sustainability efforts, supported by a team of experts. “You have to start thinking in 2022 about the demands that are going to be a trending topic in 2025.”Judith Wiese, chief people and sustainability officer at Siemens. His team includes experts in technology, industrial processes, financial markets, sustainability frameworks and reporting standards. Agustin Delgado Martin, chief innovation and sustainability officer at Iberdrola.

☆ Technology Chiefs Seek Help Wrangling Cloud Costs
▼ + stars: | 2023-03-03 | by ( Belle Lin | ) www.wsj.com time to read: +6 min

Some chief information officers have turned to cloud management tools and established internal teams to oversee their cloud spending. Mr. Nimboorkar said the company has since built a dedicated team to manage its Amazon Web Services spending and invested in a third-party cloud spending management tool. Executives from all three cloud giants have said customers are optimizing or reining in their cloud spending, citing economic factors. Many of the best practices in cloud spending management have been codified by the nonprofit FinOps Foundation, which promotes cloud financial literacy and accountability, she said. That model allows Mr. Kanchi to wholly manage cloud spending, he said, but was only possible after UST figured out how to tag cloud usage by its various business units.

☆ Schneider CEO’s tenure is refreshingly sustainable
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 16 (Reuters Breakingviews) - Schneider Electric (SCHN.PA) sells products like circuit breakers that help customers manage their energy consumption in a sustainable way. Jean-Pascal Tricoire’s leadership of the French industrial software group reinforces the image of long-term reliability. Peter Herweck, now the boss of Aveva, the British software group Schneider bought last month, will take over in May. Tricoire’s term is uncommon: only 19% of CEOs stay in the job for more than 10 years while the median tenure is just five years, according to a PwC study. Over the last two decades Schneider’s revenue has quadrupled to 34 billion euros.

☆ How to Craft Successful Sustainability Programs
▼ + stars: | 2023-02-03 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

Sustainability executives shared insights on how to execute sustainability programs that work at panels hosted by WSJ Pro Sustainable Business on Thursday. Now, Scandinavian shipping company Wallenius Wilhelmsen AS A is looking to develop a new type of wind-powered ship. “We could be coming full circle here,” said Roger Strevens, vice president of global sustainability at Wallenius Wilhelmsen. “What we typically think about in terms of mentoring is the senior executive mentoring the next level employee,” Ms. Evans said. The unnamed executive said she would include lessons from the mentoring program in her future meetings, Ms. Evans said.

☆ JFK airport's new terminal will be powered by a microgrid and the largest rooftop solar array in New York City
▼ + stars: | 2023-01-26 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

A new terminal at New York's JFK will be partly powered by a microgrid, batteries, and fuel cells. John F. Kennedy International Airport's $9.5 billion New Terminal One will be partly powered by a microgrid with 11.34 megawatts of electricity from rooftop solar, gas fuel cells, and battery storage. A system that captures waste heat from the fuel cells will chill and warm water. The rooftop solar array — made up of more than 13,000 panels — will be the largest in New York City and at any US airport terminal, AlphaStruxure said. Installing fuel cells, instead of diesel generators, is estimated to reduce emissions of nitrogen oxide, a toxic air pollutant, by 98%, Macias added.

☆ Changing demand will be the driving force behind the energy transition, Schneider Electric CEO says
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChanging demand will be the driving force behind the energy transition, Schneider Electric CEO saysElectrifying and improving efficiency through digitalization are key for companies and societies to decarbonize, Schneider Electric CEO Jean-Pascal Tricoire says.

☆ Aveva's shareholders accept Schneider's $12 bln software takeover
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 25 (Reuters) - France's Schneider Electric (SCHN.PA) won control of Aveva (AVV.L), one of Britain's biggest tech companies, on Friday after minority shareholders approved an offer valuing the industrial software firm at 9.9 billion pounds ($11.9 billion). read moreThe successful bid will leave only a handful of large tech companies listed in London. Shares in the company edged up 0.3% to 3,192 pence following the approval of the offer which was recommended by Aveva's board. Schneider took majority control of Aveva, one of Britain's biggest software companies, in a 2017 reverse takeover that allowed it to retain its London listing. ($1 = 0.8278 pounds)Reporting by Paul Sandle; editing by William James and Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

☆ Automakers need way more plug-in stations to make their EV plans work. That has sparked a buying frenzy as big charging players gobble up smaller ones.
▼ + stars: | 2022-11-24 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +4 min

EV charging has a newfound boost from government incentives and industry spending. The charging space has picked up momentum as automakers are pouring billions into EV development. Because of these struggles, not every company will make it — some smaller companies are betting that larger ones will gobble them up and take on their assets through mergers and acquisitions. "For the smaller companies, it's hard to scale up on their own. The auto industry's latest M&A frenzyGiven the long lead time on vehicle development, automakers have relied on consolidation to integrate expensive technology into their portfolios.

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