2021 saw the highest expenditure on Environmental, Social, and Governance (“ESG”) initiatives globally at $649 billion, according to Morningstar Direct. It was further estimated that during that year, a third of the world’s assets under management, including the money of growing numbers of huge public pension funds, were invested according to ESG principles (https://ibn.fm/3r7ES).
The focus on this sector reflected businesses’ acknowledgment of what the planet needs, particularly in the wake of climate change, widening inequality, and other social problems. As businesses continue exploring how to achieve their ESG goals, Correlate Infrastructure Partners (OTCQB: CIPI) offers an affordable and profitable ESG-related energy solution targeted at both companies and organizations.
Correlate, a driver of highly cost-effective energy use optimization solutions, through its two subsidiaries, Correlate and Solar Site Design, offers a complete suite of proprietary clean energy assessment solutions for the commercial real estate industry. It further develops and finances renewable energy projects that allow these investment properties to operate more efficiently from an energy and financial standpoint.
As more companies recognize the significance of ESG goals and achieving them, Correlate is expanding its list of product and service offerings, focusing on renewable solar energy generation, electric vehicle (“EV”) infrastructure, and intelligent efficiency measures. Its unique data-driven approach draws from proprietary analytics, concierge subscription services, and a highly scalable national fulfillment network designed to help building owners profit from fully-funded, turnkey decarbonization and facility health programs.
This approach has earned Correlate an opportunity pipeline of over $100 million in commercial projects, with over $20 million in awarded backlog, a clear indication of how well-received its ESG solutions are by the target market.
With the cost to hit the United Nations (“UN”) sustainability goals having risen by 25% to $176 trillion over the past year, there is a growing need to make ESG-related systems and infrastructure accessible and affordable by the masses. Furthermore, rising economic pressures have also dealt a blow to the progress on several Sustainable Development Goals (“SDGs”), which is further impacting the adoption of ESG measures and infrastructure (https://ibn.fm/HKVBj).
Correlate recognizes the challenge and is out to offer a viable solution targeted toward business owners, companies, and even real estate owners. The company is confident that with its approach, more consumers will adopt renewable energy and even draw the benefits associated with it, both in the short-term and the long term.
Correlate is also laying the groundwork for the imminent transition towards renewable energy in the United States and globally. It is making retrofitting as easy, affordable, and seamless as possible, and by doing so, it is allowing more businesses to shift to renewable energy sources and achieve their ESG goals. It is also proving instrumental in highlighting the value of ESG and the importance of renewable energy in achieving associated ESG goals.
For company information, visit the company’s website at www.CorrelateInfra.com, including the following:
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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