GHG Protocol Scope 2 Updates: What Do They Mean for Your Company?
Get prepared for GHG Protocol scope 2 updates. The timeline is dynamic, but that doesn’t mean companies should procrastinate planning for new guidelines. Climate disclosures are increasingly expected for organizations everywhere. Whether driven by customers, employees, investors, or regulators, the trend is clear: More companies are disclosing their climate impact (by 2022, nearly 19,000 companies had […]
45V Green Hydrogen Tax Credit: What to Know
The U.S. Treasury Department has issued its long-anticipated guidanceon IRA 45V – the section of the Inflation Reduction act that deals with the green hydrogen tax credit. In the quest for a cleaner and sustainable energy future, green hydrogen has emerged as a promising solution. Hydrogen, when produced using emissions-free energy, becomes “green hydrogen” — a […]
Common Scope 2 Decarbonization Strategies
If you’re unfamiliar with scope 2 decarbonization strategies or need a quick refresher, check out this explainer video! It provides an overview (with examples) of three common strategies — 100% Renewable Energy (RE), Carbon-Matching (aka Emissionality), and 24/7 Carbon Free Energy (CFE). Decarbonization Strategy #1: 100% RE In this scenario, a company aims to match […]
The Essentials Of Clean Power For Data Centers
We are seeing increasing adoption of clean power for data centers. According to research published in 2023 by S&P Global Intelligence, in the U.S., the data center industry “continues to pace the corporate renewables market,” with Amazon, Google, Meta, Microsoft and Apple Inc. having a “combined renewable portfolio totaling over 45 GW around the globe,” which is […]
Corporate Clean Energy Procurement: From RECs To 24/7 CFE
Corporate clean energy procurement is on the rise. Progress was initially spurred by a handful of early adopters, such as Google and Meta. Today, fresh mandates, volatile energy markets, new incentives and increasing concerns about climate change are combining to drive more companies to set clean energy goals and emissions reduction targets and rethink how […]
You Made a Commitment to Sustainability — Now What?
Start Your Corporate Clean Energy Journey Many corporations are making a commitment to sustainability, driven by evolving regulatory standards, stakeholder pressure, energy market volatility, and increasingly severe and evident climate change. Corporate clean energy procurement is a critical component of achieving our collective global sustainability goals. But how do you get from setting a goal […]