Energy Efficiency | Page 67

Arrow Electronics, Inc., a global provider of technology solutions, announced it achieved all ESG goals established for 2022, including continuing to reduce Scope 1 and 2 emissions in 2023, thereby supporting the company's multi-year goal to reduce Scope 1 and 2 emissions in 2023.

Techtronic Industries Co. Ltd., a global power equipment and floorcare & cleaning company, announced it committed to setting Science-Based targets by signing the Science Based Target initiatives (SBTi) commitment letter.

ESAB Corporation, a connected fabrication technology and gas control solutions company, has committed to reducing absolute global Scope 1 and Scope 2 GHG emissions at major manufacturing sites by 30% by the year 2030 from a 2022 baseline.

Selling the value of investing in energy efficiency across an organization, especially in competition for precious capital, can be a real challenge. As this article from Constellation explains, demonstrating the potential return on the investment (ROI) through long-term cost reduction plus a life cycle assessment of current infrastructure is paramount when valuing the overall return of an efficiency initiative.

In its third Annual Sustainability Report, Polestar, a Swedish EV maker, confirmed it reduced relative CO2e-emissions per car sold by 8% compared to 2021 levels.

Donaldson Company, a manufacturer of filtration products and solutions, is targeting an absolute reduction of its Scope 1 and 2 GHG emissions by 42% by the end of fiscal year 2030 from a fiscal year 2021 baseline.

Microsoft Corp. plans to achieve its goal to become carbon negative by using direct air capture (DAC) systems that provide engineered carbon removal credits.

To benefit from cleaner and more resilient energy infrastructure across tribal lands, the Soboba Band of Luiseño Indians will add a microgrid to its Soboba Casino Resort.

Cleveland-Cliffs Inc., a flat-rolled steel producer, announced its Scope 1 and 2 GHG emissions in 2022 were below its reduction goal of 25% lower, well in advance of its 2030 target year for such reductions.