Tom Ryden, govt director of MassRobotics, added, “Robotics is a important component of manufacturing and achievement and has a major position in guaranteeing demand is met in a carbon-efficient method. We see options being evaluated in a extra holistic, ESG-centric vogue and seen as instruments to assist accomplish local weather objectives. For instance, only one robotics software in ecommerce may scale back carbon output by greater than 10 million metric tons.”
Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Firm”) and MassRobotics right now introduced a groundbreaking analysis report on the rising position robotics is taking part in in serving to firms obtain local weather objectives. Joe Giordano, CFA, Cowen’s diversified industrials, automation & robotics analyst, led the Forward Of The Curve® Collection report, which integrated a survey from MassRobotics that polled producers and end-users to know the place robotics is positioned inside their local weather toolkit.
“The robotic applied sciences we discover on this report are maximizing the output (GDP) per unit of carbon and minimizing the carbon wanted to attain a focused degree of exercise. Whereas the world is getting higher at producing and transacting extra effectively, we’re bumping up towards onerous caps of precise gross carbon output. This may in the end require important new applied sciences and/or modifications in habits,” mentioned Joe Giordano.
Tom Ryden, govt director of MassRobotics, added, “Robotics is a important component of manufacturing and achievement and has a major position in guaranteeing demand is met in a carbon-efficient method. We see options being evaluated in a extra holistic, ESG-centric vogue and seen as instruments to assist accomplish local weather objectives. For instance, only one robotics software in ecommerce may scale back carbon output by greater than 10 million metric tons.”
Key highlights of the report embody:
• Greater than 90% of respondents count on to make use of robotics or develop robotics to assist them obtain local weather change-related aims. Nevertheless, solely 44% have deployed such options thus far, suggesting a lot of the chance lies forward.
• Almost 75% of respondents count on that present and potential clients will talk about local weather change of their conversations going ahead.
• About half of survey contributors are actively working with local weather disaster options suppliers (73% of end-users and 45% of producers), although the curiosity degree is considerably increased, indicating an upward trajectory.
About Cowen’s Robotics Apply
Cowen has a devoted robotics observe that spans Funding Banking, Capital Markets and Analysis. The Firm hosts an ongoing cutting-edge “Seed to Scale” webinar sequence that discusses broad thematic points in automation and robotics. Since July 2019, Cowen and MassRobotics have loved a partnership designed to deliver collectively their intensive market data within the areas of rising robotics and synthetic intelligence.
About Cowen’s ESG & Sustainability Analysis Efforts
• In February, Cowen was named winner of “Greatest ESG Analysis” on the ESG Investing Awards 2022, the world’s main awards celebrating excellence in Environmental, Social and Governance (ESG) analysis, scores, funds and merchandise.
• Cowen was the primary main Wall Road agency to position company-specific ESG Scores on the quilt of its analysis experiences. Extra details about this initiative could also be discovered right here.
• Cowen analysts Marc Bianchi, Thomas Boyes, Gabe Daoud, David Deckelbaum, Jason Gabelman, Brian Holland, and Jeff Osborne and their groups cowl a full spectrum of ESG & sustainability shares, together with different vitality (comparable to photo voltaic and wind), battery know-how, biofuels and renewable fuels, electrical autos and mobility know-how, electrical automobile charging, industrial gases and tools, lithium and uncommon earth supplies, good grid, and sustainable meals and farming.
• In 2021, Cowen expanded its Washington Analysis Group with the rent of John Miller, who focuses solely on analyzing ESG & Sustainability coverage, regulation and laws. Cowen’s Washington Analysis Group has persistently ranked as one of many main suppliers of coverage evaluation to institutional traders by third-party polls.
• By the Forward Of The Curve® Collection, Cowen’s flagship analysis providing, Cowen analysts have authored quite a few experiences that concentrate on ESG and sustainability, together with the Way forward for Mobility Primer, Sustainable Power & Industrial Know-how Primer, and a landmark, seven-report sequence on vitality transition.
• Cowen hosts quite a few sector occasions that function the middle of dialogue between traders and modern firms, together with its Mobility Disruption convention, Industrial Know-how, Robotics & Sustainability convention, and its annual Power Convention. Cowen additionally hosts an ongoing convention name sequence targeted on vitality transition, and a podcast on carbon seize.
About Cowen Inc.
Cowen Inc. (“Cowen” or the “Firm”) is a diversified monetary providers agency that gives funding banking, analysis, gross sales and buying and selling, prime brokerage, outsourced buying and selling, and fee administration providers. Cowen additionally has an funding administration division which presents actively managed different funding merchandise. Based in 1918, the Firm is headquartered in New York and has workplaces worldwide. Study extra at Cowen.com
About MassRobotics
MassRobotics is the collective work of a bunch of Boston-area engineers, rocket scientists, and entrepreneurs. With a shared imaginative and prescient to create an innovation hub and startup cluster targeted on the wants of the robotics group, MassRobotics’ mission is to assist create and scale the subsequent technology of profitable robotics and related gadget firms by offering entrepreneurs and modern robotics/automation startups with the workspace and sources they should develop, prototype, check, and commercialize their merchandise and options.
This materials is offered for info solely and isn’t supposed as a advice or a proposal or solicitation for the acquisition or sale of any safety or monetary instrument. This materials shouldn’t be supposed as a advice as to the deserves of any proxy solicitation with respect to any transaction referenced herein. Cowen and its associates might have positions (lengthy or quick), impact transactions or make markets in securities or monetary devices talked about herein (or choices with respect thereto), or present recommendation or loans to, or take part within the underwriting or restructuring of the obligations of, issuers talked about herein. The knowledge contained herein is as of the date referenced above and Cowen doesn’t undertake any obligation to replace such info. All market costs, information and different info are usually not warranted as to completeness or accuracy and are topic to alter with out discover. Previous efficiency shouldn’t be indicative of future outcomes. The investments mentioned might fluctuate in value or worth. Transactions involving securities and monetary devices talked about herein (together with futures and choices) is probably not appropriate for all traders. Purchasers ought to contact their Cowen representatives to obtain extra info. Analysis experiences and notes produced by the Agency’s Analysis Division can be found on the Agency’s web site, https://cowenlibrary.bluematrix.com/shopper/library.jsp. COWEN AND COMPANY, LLC: MEMBER FINRA, NYSE AND SIPC
