InvestorWire NewsRoom

Article

Climate-friendly Legislative Package is Major Complement to Efforts by Correlate Infrastructure Partners Inc. (CIPI) for Improving ESG and Reducing Greenhouse Pollutants
August 15, 2022

Climate-friendly Legislative Package is Major Complement to Efforts by Correlate Infrastructure Partners Inc. (CIPI) for Improving ESG and Reducing Greenhouse Pollutants

  • Global financial advisory firm Morgan Stanley, through its Real Estate Investing (“MSREI”) business, has identified the growing trend toward improving corporate building facilities’ utilities usage as a benefit to the climate and to real estate investors
  • Recent legislation has generated excitement among climate change policy proponents because of its moves to fund greenhouse gas reduction activities
  • Correlate Infrastructure Partners, a Louisiana-based driver of energy use optimization, anticipates seeing its growth strategies benefit from the legislative package as it works to promote improvements to HVAC, mechanical, electrical, and plumbing processes, key elements for cost-effective improvement of energy efficiency
  • CIPI provides analysis and education to corporate clients that help them to recognize their greenhouse gas emissions and how to improve them, benefitting their financial bottom lines in the process

A legislative proposal in Congress designed to reduce inflation is generating excitement among proponents of climate-friendly action because of its generous provisions for benefiting those who try to reduce carbon emissions pollution (https://ibn.fm/Qp3Js).

Correlate Infrastructure Partners (OTCQB: CIPI), a company focused on reducing climate change through improving the ways corporate buildings use energy, applauded the legislation for its funding initiatives that have the potential to help reduce greenhouse gas emissions by 40 percent by 2030 (https://ibn.fm/Tj1HG).

CEO Todd Michaels stated in the news release that the legislation may benefit Correlate Infrastructure’s growth initiatives through solar energy tax credits and establishing greater flexibility for companies to monetize the tax credits, adding “These two key proposals have the potential to accelerate Correlate’s growth, support our ability to own and operate nationwide solar and storage assets, and contribute to strengthening the economy through clean energy project deployment.”

Global financial services powerhouse Morgan Stanley issued an investment policy paper through its Real Estate Investing (“MSREI”) business a few years ago that highlighted the importance of facilities’ energy efficiency and performance optimization trends as a vehicle driving value for real estate investors.

“Overall, the real estate investment team estimates that a typical office building that integrates sustainable practices could help reduce building expenses by 3 to 30 percent, creating $3.5 billion to $34.9 billion of asset value in the top 10 U.S. markets in the process,” the investor briefing states (https://ibn.fm/guBLr). “Through reduced utility costs alone, MSREI investment managers estimate that applying existing technology could generate annual savings in office buildings ranging from $32 million in Philadelphia to $239 million in New York City, thus creating $489 million and $4.8 billion of asset value, respectively.”

Morgan Stanley’s research identifies corporate buildings as consumers of about 40 percent of energy and 25 percent of water resources, creating a source for about 33 percent of the world’s greenhouse gases fueling climate change, and also reducing valuable resources in areas where supplies are already at critical levels. 

Correlate Infrastructure Partners mission is to improve corporate clients’ environmental governance (“ESG”) strategies by measuring and analyzing their current utilities’ use, educating clients on their potential improvements and the financial savings available to them, and helping them to implement strategic changes. 

As clients provide CIPI with records of their utility bills over the past year and opt in to the company’s advisement, they kick off a pathway to greater environmental responsibility and possible cost reductions through improvements to HVAC, mechanical, electrical and plumbing processes, the addition of solar upgrades, water optimization and antimicrobial airflow, the strategic procurement of energy sources, vehicle electrification and master controls that provide intelligent oversight of any retrofits. 

For more 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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(862) 930-1404

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).