October 4, 2022
Trending Tags

Constellation Advances Climate Goal with Effort to Help Large Business Customers Cut Their Carbon Footprints

Read Time:2 Minute, 28 Second

 

BALTIMORE (July 27, 2022) — Constellation, the nation’s largest producer of carbon-free energy and a leading supplier of energy products and services, announced today that it is delivering on its commitment to provide 100 percent of its commercial and industrial customers with customized data to help them measure and reduce their carbon emissions impact.

The customer reports are part of Constellation’s industry-leading 100/100/100 climate pledge, which includes:

  • Achieving 95 percent carbon-free electricity by 2030, and 100 percent by 2040
  • Achieving a 100 percent reduction of operations-driven emissions by 2040
  • Providing 100 percent of business customers with customized data to help them reduce their own carbon footprints.

Constellation currently produces 10 percent of all clean energy on the grid in the U.S. with its zero-carbon fleet of nuclear, solar, wind and hydro power plants.

“It’s not enough that we eliminate emissions from Constellation’s business – we need to help our customers do the same if we are going to truly lead the transition to clean energy,” said Jim McHugh, chief commercial officer, Constellation. “A pivotal step for businesses in this journey is helping them better understand their energy consumption and resulting carbon emissions. These customized reports will serve as an invaluable tool to educate our customers and urge them to take additional actions to reduce the carbon impact of their operations.”

The reports (see sample) will feature customer-specific information on Scope 1 and Scope 2 emissions for facilities receiving power and/or gas supply from Constellation.

To make it easier for customers to visualize and understand their climate impact, the reports compare the number of miles an average passenger vehicle would have to travel to equal the customer’s carbon emissions. The reports will also highlight ways customers can transition to clean energy, reduce their carbon footprint and become more sustainable.  

The reports are being introduced at a time when business leaders and local governments are increasingly focused on doing their part to combat climate change. About 60 percent of Fortune 500 companies, 600 local governments and 25 states have already announced climate and energy goals or action plans. The federal government also plans to procure 100 percent carbon-free electricity by 2030 on a net annual basis, with 50 percent carbon-free on a 24/7 basis.

Constellation will begin distributing the reports in late August, with all of its commercial and industrial customers – including three-fourths of the Fortune 100 – expected to receive their customized reports by the end of 2022.

Among its other climate initiatives, Constellation has partnered with Microsoft on the development of a 24/7/365 carbon-free energy matching technology that will help customers achieve true zero emissions, as opposed to the current practice of annualizing renewable energy certificates and credits. The product will match a customer’s energy needs with local, carbon-free energy sources on an hour-by-hour basis.

 



Source link

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post “Amber Brown” (Apple TV+) Carsyn Rose Interview
Next post New York Life Partners with Game Plan to Provide Career-Building Education to Student-Athletes – InsuranceNewsNet