How Certified Renewable Energy Can Power A Sustainable Economy And A Sustainable Future

by Natalia Gorina
Jul 14, 2015 1:30 PM ET

CSRwire

For a growing number of companies, electricity is a prime resource in the value chain. However, several global corporates have increasingly come under fire from the general public, shareholders and major NGOs with regards to energy procurement. The failure to adequately manage corporate energy can leave a company vulnerable to risks, such as changing regulations and legal requirements. What is more, being seen as a big polluter carries detrimental effects for any brand. 

More and more companies have set themselves a target of growing the share of renewable energy in their consumption.  These commitments have been reflected in the global investments in sustainable energy: the past year witnessed a steep increase of green energy investments worldwide, with a surge of a solid 17% to US$270 billion according to the 2015 report by the United Nations Environment Programme. Leading businesses and renewable energy experts have also joined forces to form RE100, a global initiative aimed at motivating and recruiting major companies to use 100% renewable power across their operations. The initiative is also a reflection of the wider interest to disclose and communicate corporate performance in energy efficiency: calculating and, more importantly, reducing emissions from purchased or acquired electricity (“scope 2 emissions”) is a prerequisite for inclusion in the CDP’s prestigious Carbon Disclosure Leadership Index.

Continue reading on CSRwire >>

Natalia is a senior professional with ten years of experience in commodity markets and consulting. She has identified, negotiated and executed structured transactions involving purchase and sale of emissions reductions. Natalia is an experienced consultant in a broad range of climate change and sustainability topics and has a solid track record in the sale of carbon credits and renewable energy certificates.