Key takeaways
- Mike Schwartz is the corporate’s first formal rent answerable for ESG points.
- His job will embody serving to prospects use knowledge in their very own emissions accounting.
Ship information about sustainability management roles, promotions and departures to [email protected].
ChargePoint, which operates one of many world’s largest electrical car charging networks, named former recycling govt Mike Schwartz to be its first director of sustainability.
Schwartz reviews to ChargePoint’s senior vp of operations. He’s answerable for constructing the corporate’s company sustainability perform, beginning with conducting ChargePoint’s first materiality evaluation and creating baseline measures of its present practices associated to environmental, social and governance points.
As well as, Schwartz would be the publicly traded firm’s major contact for buyers and different stakeholders, together with industrial prospects. In that position he’ll assist corporations gather knowledge that they’ll apply towards their emissions reductions targets for transportation and logistics.
“By constructing out our sustainability program and the closely demanding reporting that can include it, we’ll allow our company prospects to precisely and exactly report the precise and prevented emissions from their electrical fleets,” Schwartz mentioned.
Regardless of coverage headwinds confronted by electrical automobiles beneath President Trump’s administration, the corporate plans to put in a whole bunch of ultrafast charging stations this 12 months at strategic areas throughout the U.S., in collaboration with Basic Motors. As of July 2024, ChargePoint supported greater than 1 million charging elements in Europe and North America.
Like many different EV business corporations, nevertheless, post-election financial circumstances haven’t been sort. ChargePoint reported $417.1 million in income for its fiscal 12 months ended Jan. 31, off 18 p.c from $506.6 million. The corporate’s inventory worth closed at $0.51 on Might 5, close to its 52-week low.
Schwartz was most just lately supervisor of ESG reporting for Republic Providers, a $16 billion firm that manages 74 recycling facilities and 18,000 waste hauling vans. His earlier roles additionally embody a three-and-a-half-year stint in consulting with ESG scores agency EcoVadis.
[Connect with more than 3,500 professionals decarbonizing and future-proofing their organizations and supply chains through climate technologies at VERGE, Oct. 28-30, San Jose.]
