Energy & Infrastructure

UPS (NYSE:UPS) today announced the company has been highlighted as a global leader for its corporate climate action efforts by CDP (formerly known as the Carbon Disclosure Project).

We unveiled “The Green Wall” at Barclays Center as part of our partnership with Barclays Center and the Brooklyn Nets to engage and inspire environmental stewardship in the local community.

In December of 2018, the Arbor Day Foundation attended the United Nations Climate Change Conference, COP24, in Katowice, Poland to advocate for investments in natural climate solutions, specifically forests and trees.
The two main goals of COP24 were to finalize the “Paris Rulebook” for implementing the Paris Agreement from COP21 in 2015 and to “raise ambition” for reaching a global response to the threat of climate change.

Diversification was the sustainability story of 2018 according to the UPS thought leadership blog Longitudes. Catch up with the top five sustainability articles from last year to see why we’re so excited by progress in the sustainability movement – and the innovations yet to come.

Watch this video on how Bloomberg, Cox Enterprises, Gap Inc., Salesforce and Workday closed an all-new renewable energy aggregation deal with guidance from LevelTen Energy. This is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project.

Sometimes, five heads are better than one.

One common concern among corporate energy teams at midmarket businesses is that they don’t procure enough electricity or have enough lawyers to take on the risks of a power purchase agreement. That’s why five companies with varying levels of experience in renewable energy procurement are getting together to contract for about half the generating capacity of a 100-megawatt North Carolina solar farm.

Energy intensity, or the total energy consumed to produce a set unit of product, is a key focus of our monitoring and improvement work. Operators manage fuel usage in the steam and power generation systems at each of our mills to optimize production and cost effi ciencies and work to achieve our current five-year goal to reduce energy consumption per ton of product by 5 percent. The reported energy profiles of our Westbrook and Somerset mills reflect sales of Renewable Energy Credits (RECs).

It sounds like the opening line of a sustainable businesses nerd joke: Bloomberg, Salesforce, Gap Inc., Cox Enterprises, and Workday walked into a solar purchasing agreement together.

Bloomberg, Cox Enterprises, Gap Inc.(NYSE: GPS), Salesforce (NASDAQ: CRM), and Workday (NASDAQ: WDAY), with guidance from LevelTen Energy and its renewable energy procurement platform, closed 42.5 megawatts of a 100 megawatt North Carolina solar project, by global renewable energy developer, service provider and wholesaler, BayWa r.e. This group of companies, coming together as the Corporate Renewable Energy Aggregation Group, is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project.

Today, Michael R. Bloomberg, the United Nations Secretary-General’s Special Envoy for Climate Action, announced the founding members of the Climate Finance Leadership Initiative (CFLI), convening six influential financial sector leaders to help facilitate the private financing objectives included in the landmark Paris Agreement. Mary Schapiro, Special Advisor to the Founder and Chairman and Vice Chair for Public Policy at Bloomberg LP, will act as Vice Chair of the CFLI.