- Correlate Infrastructure Partners Inc. (CIPI) is a developer of green energy solutions for commercial clients, playing a role in global efforts to reduce carbon emissions by improving the climate impact of buildings and other business facilities
- CIPI’s two subsidiaries — Correlate, Inc. and Loyal Enterprises LLC (dba Solar Site Design) — provide complementary approaches to advising commercial clients on green energy solutions, developing those solutions and financing them
- Correlate uses modern tools for data analysis that provides clients with ESG-friendly reporting capabilities that are increasingly in demand from investors and regulators
- A recent report by the SustainAbility Institute by ERM found corporate issuers on average are spending $677,000 per year on climate-related disclosure activities and investors are spending $1.372 million on average to obtain company climate data
Innovative business world-leading magnate Elon Musk’s praise of China’s global dominance in the renewable energy and electric vehicle markets thanks to the country’s savvy acquisition of mineral resources and aggressive production quotas is providing Western nations new impetus for finding common ground with the megalithic Asian society on climate change.
A report on Musk’s recent comments notes that China is the world’s largest emitter of carbon dioxide, known to be the biggest contributor to global warming, thanks to the nation’s world-leading consumption of coal, but that the country is also the world’s leading producer of hydro, wind and solar power and that is the world’s largest seller of automobiles running on electric batteries and hydrogen fuel cells (https://nnw.fm/4THg5).
Since 2014, the relationship between China and the United States in working to reduce carbon emissions has been a centerpiece of global agreements on fighting climate devastations. While the White House distanced itself from China and climate change efforts between 2016 and 2020, the current U.S. administration has reprioritized renewable solutions (https://nnw.fm/LhUl2).
In the United States, Louisiana-based Correlate Infrastructure Partners (OTCQB: CIPI) is playing a smaller but nonetheless vital role in helping to move consumers toward green energy use with the hope of preventing catastrophic climate change.
Correlate Infrastructure Partners, or CIPI for short, holds two subsidiaries that work in complementary fashion to provide consultancy on acquisitions and project development for commercial solar industry clients, and to provide development and financing resources for commercial clients looking for clean energy facility upgrades, using data analysis to establish solutions.
In the process, CIPI promises to promote transparency through its data-driven approach, facilitating ESG-friendly report production.
Last month, a study published by the SustainAbility Institute by ERM noted that corporate issuers on average are spending $677,000 per year on climate-related disclosure activities, primarily related to greenhouse gas analysis and disclosure ($237,000 on average), climate scenario analysis ($154,000) and internal climate risk management controls ($148,000) (https://nnw.fm/zRzxC).
The survey also found that Institutional investors are spending $1.372 million on average to collect, analyze, and report climate data — primarily related to external ESG ratings, data providers and consultants ($487,000 on average), in-house, outside counsel, and proxy solicitor analysis ($405,000) and internal climate-related investment analysis ($357,000).
The cost-centric data underscore the market importance of climate-related disclosures.
“Customers are asking harder questions about where their products are coming from, how their services are being provided,” David Haines, the senior vice president of strategy and impact at the Clean Energy Buyers Association, stated recently in response to a CEBA report noting 2021 was a record-breaking year for renewable energy procurements (https://nnw.fm/qVrzW).
“Investors are asking questions about risk, about how you’re managing your carbon. Employees are asking questions about their employers. How are we going about this?” Haines added.
For more information, visit the company’s website at www.CorrelateInfra.com.
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://nnw.fm/CIPI
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