Commercial | Page 103

Kimco Realty Group announced July 6 achieved their goal of reducing same-site Scope 1 and Scope 2 greenhouse gas emissions by more than 10% between 2015 and 2020.

The ODP Corporation announced July 2 that they succeeded in their goal to reduce energy consumption by 2021 and saw a 36% decrease in facility energy consumption between 2016 and 2019.

IBM announced that they decreased their energy consumption by 4.5% and CO2 emissions by 11.1% in 2019 and now source 47% of their electricity from renewable sources.

Darigold and the Northwest Dairy Association announced June 30 that they plan to be carbon neutral by 2050 through investment in renewable energy and energy efficiency projects.

L'Oreal announced June 25 their "L'Oreal for the future" sustainability plan, which includes targets to achieve carbon neutrality and 100% renewable energy at all their sites before 2025 and reduce greenhouse gas emissions per finished product 50% from 2016 levels before 2030.

As companies adjust to a new normal during COVID-19, sustainability teams face their own challenge: assessing whether and how the coronavirus pandemic and its economic fallout will affect progress toward their company’s renewable energy and greenhouse gas reduction goals. In this column, Caitlin Marquis of Advance Energy Economy outlines how conditions are affecting the energy industry, how regulators and lawmakers are responding, and what to watch for in the months ahead.

Ford Motor Company announced June 24 that they are ramping up their climate change goals and intend to be carbon neutral globally by 2050 and power all manufacturing plants with 100% locally sourced renewable energy by 2035.

Smart Energy Decisions announces that the 2nd Distributed Energy Forum will shift into Virtual mode and take place on September 21-25, 2020.

Amazon announced June 23 that they are introducing a $2 billion investment into The Climate Pledge Fund, which will advance the development of sustainability solutions to accomplish the goals of The Climate Pledge's target for net-zero carbon before 2040.

Bluebeard’s Castle Resort in the U.S. Virgin Islands received an upgrade to its commercial solar system to increase its capacity after it was damaged during two hurricanes in 2017.