U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting
Priyanka Varshney is an electrical engineer-in-training working on nuclear energy at Tetra Tech and based in Pickering, Ontario. With her interest in clean energy, she enjoys exploring opportunities to bring advancements to the energy sector and spark conversations with industry experts about technological impacts on the sector.
We at Timberland think it’s time for a more progressive look at clean energy policy in our state. That is why Timberland is one of many companies, including Dartmouth-Hitchcock Health, MegaFood, Stonyfield Farm, Worthen Industries and more supporting the House and Senate bills (House Bill 365 and Senate Bill 159), which would raise the project cap on net metering.
The market for corporate renewable energy is maturing. As it does, it introduces new considerations for companies to weigh as part of their overall energy procurement strategy. New providers, new products, and new opportunities mean more complexity and potential risk—even for experienced buyers.
Lamar University has reached a $20 million energy savings milestone as a result of its energy efficiency project with Schneider Electric. Lamar University achieved this milestone after a 15-year partnership with Schneider Electric. To date, the project has reduced campus-wide utility consumption by 43 percent, saving on average $1.63 million in annual utility costs. Additionally, this project has generated $21,276,086 million in energy savings.
Local officials will join Overbrook School for the Blind (OSB) students, staff, and Board of Trustees, for a ribbon cutting ceremony to celebrate the opening of the M. Christine Murphy Horticulture and Education Center - a LEED-Silver certified and planned Net Zero Energy greenhouse - on Friday, May 10 at 10 a.m.
The new INGAA Foundation Inc. flagship report finds that natural gas will retain its critical role in the U.S. power sector for at least the next 20 years even as renewable energy grabs a bigger share of the nation’s electricity market. This trend, coupled with growing global demand for U.S. liquefied natural gas (LNG) exports, underscores the need for the gas industry’s continued investment in infrastructure to support these growing needs, according to Black & Veatch, the author of the report.
Leaders and staff from Green Mountain Energy Sun Club joined the Philadelphia Ronald McDonald House to commemorate Sun Club-funded sustainability projects at the non-profit, including the unveiling of a 5-foot-solar-powered sculpture in a new orchard today. The sculpture, orchard, and an accompanying 125 kilowatt solar array, are additions to the Philadelphia campus made possible through a grant worth more than $315,000 from the Sun Club.
For Rich Reyher, transitioning to clean energy isn’t just the right thing to do, it’s a necessary investment in our future. As Senior Director of Global Data Center Services, Rich oversees PayPal’s data centers worldwide—and understands the high-magnitude of energy these buildings consume. He’s determined to run these energy-hungry buildings with completely renewable resources.
Launched in 2015, the Science-Based Targets Initiative (SBTI) champions science-based carbon reduction target setting.
Science-based targets (SBTs) specify how much and how quickly companies need to reduce GHG emissions to avoid a global
temperature increase when compared to pre-industrial levels. The SBTI framework is the most comprehensive and rigorous
available to companies seeking to rapidly decarbonize, and the SBTI also offers resources, workshops and guidance to reduce
barriers to sustainable action.
Already, 93 percent of global commercial and industrial companies have energy efficiency technologies in place. Meanwhile, adoption of combined heat and power (CHP) systems and battery storage increased at a similar rate to renewables: up 11 percent in 2019 from the previous year. These companies realize emissions are inextricably linked to energy consumption, which can be a major contributor to net corporate expenditure and a hurdle for low-carbon growth. In fact, a recent International Energy Agency study shows that efficiency improvements can yield up to 13.8 percent growth in annual profits.
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