How Bloomberg, Cox, Gap Inc., Salesforce and Workday Combined Clout to Buy Clean Power
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.
The 2019 LBG Canada Audit Cycle Has Started
LBG Canada companies reported a total investment of $410 million in community during the 2018 LBG Canada audit cycle. We look forward to seeing the impact created as we enter the 2019 cycle!
Accelerating a More Sustainable Industrial Revolution with Digital Manufacturing
The Fourth Industrial Revolution is shaping up to be one of the most significant opportunities of our lifetime. We are already seeing jobs, policies, industries and entire economies shifting as our digital and physical worlds merge. This represents an important opportunity for business and for society. With this industrial revolution, we have a collective responsibility to ensure sustainability is a priority from the start.
Sappi Increases Renewable Energy Usage
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).
Bloomberg, Cox Enterprises, Gap Inc., Salesforce and Workday Close All-New Renewable Energy Aggregation Deal
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.
Bloomberg Announces Founding Members of New Climate Finance Leadership Initiative
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.
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