Connect with us

Technology

Blackbaud Ranks Fourth on the USA Today America’s Climate Leaders 2024 List

Published

on

Ranking Recognizes U.S. Companies Cutting Their Emissions to Fight Climate Change

CHARLESTON, S.C., May 31, 2024 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has been named to the USA Today list of America’s Climate Leaders 2024, ranking fourth out of 450 companies based on its emissions reduction.

“Blackbaud has a long-standing commitment to sustainability,” said Mike Gianoni, president, CEO and vice chairman of the board of directors, Blackbaud. “That commitment encompasses both support for our customers in their sustainability journey, and reducing greenhouse gas emissions within our own operations, including through our remote-first workforce approach, which has helped us minimize our impact on the environment. We are proud to be ranked so prominently on this list and appreciate this recognition of our progress.”

USA Today partnered with Statista Inc., the world-leading statistics portal and industry ranking provider, to put together the ranking of U.S. companies that demonstrated the greatest reduction in emissions between 2020 and 2022.

America’s Climate Leaders 2024 were selected based on a two-step process with an application and research phase, followed by a data analysis and scoring phase. For all companies meeting the inclusion criteria, the year-over-year reduction in emissions intensity (compound annual reduction rate) was calculated. Statista reviewed companies headquartered in the U.S. that had revenue of at least $50 million in 2022 and that achieved the greatest reduction in their emissions intensity – Scope 1 and 2 greenhouse gas emissions relative to revenue – between 2020 and 2022.

There was a 16% increase in companies meeting the inclusion criteria this year with more than 2,000 companies evaluated. Blackbaud ranked fourth out of the 450 companies selected with a 70.30% core emissions reduction year-over-year and a core GHG reduction of 89.80%.

Blackbaud participates in CDP’s public disclosure and aligns its reporting with TCFD recommendations. In 2023, Blackbaud achieved 100% carbon neutrality and has had a 92% reduction in global GHG emissions since 2019.

To learn more about how Blackbaud is fueling change through its practices, commitments and technology, view the 2023 Blackbaud Impact Report here.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud’s solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

View original content to download multimedia:https://www.prnewswire.com/news-releases/blackbaud-ranks-fourth-on-the-usa-today-americas-climate-leaders-2024-list-302160841.html

SOURCE Blackbaud

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Think Together Welcomes Cobán López as Area Vice President

Published

on

By

Think Together appoints another key leader as it expands services and impact across California.

SANTA ANA, Calif., April 24, 2025 /PRNewswire/ — Think Together, California’s leading nonprofit provider of expanded learning, afterschool programs, staffing, and school improvement services, is pleased to announce the appointment of Cobán López as Area Vice President. In this role, López will oversee Think Together’s direct student programs, working to expand educational access for students from Santa Barbara County to Sacramento County and beyond.

As Area Vice President, López will be instrumental in advancing Think Together’s five-year strategic plan, which aims to double its footprint and increase the reach of expanded learning programs across California while scaling its impact. His leadership will focus on cultivating strategic partnerships, enhancing staff development and retention, and collaborating with school districts and community leaders to address educational disparities and make a lasting positive change on entire communities.

“We are thrilled to welcome Cobán López to Think Together,” said Randy Barth, Founder and CEO of Think Together. “His commitment to education and strong track record in program innovation make him a natural fit for this next phase of growth. Together, we’re building the systems and partnerships needed to scale our impact and ensure that more students have access to the support they need to succeed in school and beyond.”

López brings more than 20 years of experience in youth development and education leadership to Think Together. His deep-rooted passion for student enrichment stems from his own experiences, having benefited from dedicated mentors, teachers, and after-school programs throughout his academic journey.

Prior to joining Think Together, López served as the Director of Programs for the 49ers Foundation, leading its S.T.E.A.M. Education and Health and Wellness programs, which reached over 20,000 students annually across 14 Northern California counties. His previous leadership roles also include seven years at Cristo Rey San José Jesuit High School, where he played a key role in enrollment, community relations, athletics, and school business operations.

“My personal and professional connection to youth development has guided much of my career, and Think Together’s vision of ensuring all kids get a great education aligns closely with my own vision for improving access to quality education,” said López. “This role presents an exciting opportunity to build on Think Together’s success and develop programs that provide students with the resources and mentorship they need to reach their full potential.”

Raised in the Bay Area, López attended Redwood City public schools and St. Francis High School in Mountain View before earning a bachelor’s degree in public service and social change from San José State University and a Master of Business Administration from Notre Dame de Namur University.

For more information about Think Together and its expanded learning programs, visit thinktogether.org.

About Think Together
For over 25 years Think Together has partnered with schools and communities to pursue educational opportunity and excellence for all kids. As a nonprofit organization, Think Together innovates, implements, and scales academic solutions that change the odds for hundreds of thousands of California students each year. Think Together’s program areas include early learning, afterschool programs, staffing, and leadership development for teachers and school administrators. For more information, call (888) 485-THINK or visit www.thinktogether.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/think-together-welcomes-coban-lopez-as-area-vice-president-302437989.html

SOURCE Think Together

Continue Reading

Technology

Upstream M&A sails to $17 billion in 1Q25

Published

on

By

But OPEC and tariff storm kick up rough seas for deals,
activity expected to sink

CALGARY, AB, April 24, 2025 /PRNewswire/ — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. The M&A summary follows Enverus’ release of Investor Analytics, a new cutting-edge solution designed to offer investors a comprehensive view of key market dynamics.

Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018. However, activity was disproportionately driven by one company, Diamondback Energy. Buyers were already feeling the pressure of limited acquisition opportunities and high asking prices for undeveloped drilling inventory.

“Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. High asset prices and limited opportunities are colliding with weakening crude,” said Andrew Dittmar, principal analyst at EIR. “Potential sellers are acutely aware of the scarcity of high-quality shale inventory, creating a reluctance to unload their assets at a discount. Buyers on the other hand were already stretched by M&A valuations and can’t afford to continue to pay recent prices now that oil prices are lower.”

Prior to OPEC and tariffs creating waves in oil markets, pricing for quality shale inventory was a perpetually rising tide. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.

A potential bright spot for M&A is natural gas with significant interest in adding assets with access to Gulf Coast markets from multiple buyer groups, including international buyers and private capital. While near-term gas prices are also being challenged in the broad market selloff, future prices still look strong with a secular shift in demand from liquified natural gas export facilities and secondary demand from datacenters

Using Enverus newest AI tool, Investor Analytics, to summarize comments about M&A markets from management teams in recent earnings calls reveals companies were already concerned about the asking prices for deals and available opportunities.

“Volatility and lower prices make deals tough right now but will create opportunities for nimble buyers with a longer-term outlook,” said Dittmar.

View Enverus’ Top 5 deals and full announcement including extended commentary

About Enverus Intelligence Research
Enverus Intelligence ® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts; and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Enverus is the most trusted, energy-dedicated SaaS company, with a platform built to create value from generative AI, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 95% of U.S. energy producers, and more than 40,000 suppliers. Learn more at Enverus.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/upstream-ma-sails-to-17-billion-in-1q25-302437996.html

SOURCE Enverus

Continue Reading

Technology

TIER IV and CMU partner to pioneer “Level 4+” autonomy through Safety21: Advancing beyond the limits of embodied AI

Published

on

By

TOKYO, April 24, 2025 /PRNewswire/ — TIER IV, the pioneering force behind the world’s first open-source software for autonomous driving, is proud to announce a strategic collaboration with Carnegie Mellon University (CMU), widely regarded as a birthplace of autonomous vehicles in 1984, to realize the new Level 4+ autonomy concept. Together, they aim to advance scalability, explainability, and safety through a hybrid architecture that combines data-centric AI approaches with the best practices in robotics, while also unlocking the potential of embodied AI to improve transparency and traceability in decision-making.

This collaboration is further strengthened through Safety21, the US Department of Transportation’s National University Transportation Center for Safety, led by CMU Professor Raj Rajkumar. TIER IV has joined Safety21’s Advisory Council, promoting the value of open-source software through Autoware*, which serves as the foundation for state-of-the-art research and development that addresses the trade-offs between safety and user experience in autonomous driving systems.

Background

Traditional Level 4 autonomy has been built on robotics methods such as probabilistic estimation and machine learning, relying on hand-crafted behavioral rules, predefined high-definition maps, and localized data sets to coordinate core functions such as sensing, localization, perception, planning, and control. Autoware originated from this architecture and has been successfully deployed in autonomous driving systems around the world.

The new Level 4+ autonomy concept, advocated through this collaboration, represents an intermediate step between SAE J3016 Level 4 and Level 5. It remains within the Level 4 classification in terms of human roles, but incorporates key aspects of Level 5 system features. As a result, the vehicle can operate under virtually all conditions by flexibly expanding its operational design domains (ODDs) to cover previously unencountered scenarios.

The Level 4+ system features do not require the human to take over dynamic driving tasks (DDT). However, they may leverage additional information provided from outside the system, as part of strategic functions, to dynamically respond to environmental changes within the target operational domain (TOD). Meanwhile, the system continues to control tactical and operational functions. In this framework, the system retains full responsibility for safety assurance, even when external strategic input influences its behavior. For example, a human may provide guidance that adjusts waypoint planning at runtime to help the system align its behavior with both the defined ODD and the TOD.

Emerging end-to-end AI models, a key variant of data-centric AI approaches, are promising for realizing Level 4+ autonomy, particularly when integrated with rule-based systems and human-in-the-loop strategies. However, they also present critical challenges, including high data requirements, limited explainability in decision-making, and difficulties in establishing robust safety assurance. Because it is often unclear how such models generalize learned behaviors or what influences their outputs, ensuring trustworthy real-world deployment remains a key hurdle.

Strategic collaboration scope

To realize Level 4+ autonomy, TIER IV and CMU will jointly develop next-generation Autoware-based autonomous driving systems, with a particular focus on advancing  scalability, explainability, and safety through a hybrid architecture that combines data-centric AI approaches, including refined end-to-end AI models, with the best practices in robotics.

The project will center on modularizing end-to-end AI models to coexist with state-of-the-art robotics methods and safety enforcement mechanisms. Key challenges include incorporating intermediate representations that expose internal reasoning processes, as well as establishing contextual awareness features that allow the system to transition into minimum risk maneuver (MRM) mode when faced with unexpected circumstances. As a whole, this hybrid architecture is designed to support more transparent and traceable embodied AI decision-making, while addressing practical deployment concerns such as system accountability, safety assessment, and regulatory compliance.

The collaboration is structured as a three-year initiative. In the first year, TIER IV and CMU will develop a reference vehicle powered by Autoware, with early deployments planned in both Tokyo and Pittsburgh. This vehicle will also serve as a platform for real-world data collection, closed-loop verification and validation, and on-road experimentation. Insights from this phase will be reflected back into Autoware and the broader open-source software community, accelerating innovation at CMU and across the global research and developer ecosystem

In the second and third years, the focus will shift toward developing a comprehensive safety enforcement mechanism for the hybrid architecture. This mechanism will support the safety assessment processes required for vehicle certification and public road approval, and will underpin scalability, explainability, and safety necessary for trustworthy real-world deployment of Autoware-based autonomous driving systems.

“This collaboration marks a major milestone in uniting the strengths of AI and robotics to build autonomous driving systems that are safer, more scalable, and more explainable,” said Shinpei Kato, founder and CEO of TIER IV. “Partnering with CMU enables us to further advance Autoware’s capabilities and deepen our contribution to the open-source software community, driving the future of mobility through collective innovation.”

“The integration of modular end-to-end AI models with traditional Level 4 systems represents a powerful advancement for the new Level 4+ autonomy concept,” said Raj Rajkumar, George Westinghouse Professor in the Department of Electrical and Computer Engineering at Carnegie Mellon University. “This collaboration offers a unique opportunity to deepen our understanding of AI in autonomous driving systems, ultimately enabling safer, more scalable, and more effective deployments.”

*Autoware is a registered trademark of the Autoware Foundation.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving. Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, we are committed to reshaping the future of intelligent vehicles with open-source software, enabling individuals and organizations to thrive in the evolving field of autonomous driving.

About Carnegie Mellon University

Carnegie Mellon University, based in Pittsburgh, Pennsylvania, USA, is a private, global research university and stands among the world’s most renowned educational institutions. It is considered to be a global leader in computer science, artificial intelligence, machine learning, robotics and drama, among other fields. The Tartan Racing team from Carnegie Mellon won the 2007 DARPA Urban Challenge that triggered the creation of today’s global autonomous vehicle industry.

About Safety21

Funded by the U.S. Department of Transportation as the National University Transportation Center for Safety and led by Carnegie Mellon University, a birthplace of automated vehicles, Safety21 actively seeks to enable and accelerate a safer, more efficient transportation network. By leveraging new technologies and revolutionary trends in transportation, Safety21 aims to research, develop and deploy cutting-edge technologies and policies, and develop workforce and educational programs that directly address the challenges of integrating autonomous, connected, electric and shared vehicles with a transformative focus on safety, innovation, and economic growth.

About Professor Raj Rajkumar

Raj Rajkumar is the George Westinghouse Professor in the Department of Electrical and Computer Engineering at Carnegie Mellon University where he directs the US DOT Safety21 National University Transportation Center and its Metro21 Smart Cities Institute.  He is considered to be a pioneer of connected and autonomous vehicle technologies.

Media Contact
pr@tier4.jp

View original content to download multimedia:https://www.prnewswire.com/news-releases/tier-iv-and-cmu-partner-to-pioneer-level-4-autonomy-through-safety21-advancing-beyond-the-limits-of-embodied-ai-302437941.html

SOURCE Tier IV, Inc.

Continue Reading

Trending