American Express touts efficiency - Smart Energy Decisions

Demand Management, Energy Efficiency, Solar, Sourcing Renewables, Wind  -  December 5, 2016

Amex increased energy efficiency 38% in 4 years

American Express cut its absolute carbon emissions 10% between 2011 and 2015 through a combination of energy efficiency and renewable energy initiatives, continuing the financial services company's energy-related sustainability activities. 

The company reported in its 2015 sustainability report that its 2011 through 2015 progress built on a 27.5% reduction in carbon emissions achieved between 2007 and 2012 through onsite green power generation, energy efficiency initiative and purchasing renewable energy credits. The 10% reduction in carbon emissions reached in 2015 puts the company on track to reach its 2016 carbon reduction goal. 

On the demand side, American Express says it achieved an efficiency increase of 38% at the end of 2015 compared to 2011, exceeding its 2017 goal of an efficiency increase of 35%.

On the procurement side, the company said it purchased 65% of the electricity used to power its operations worldwide from carbon-free sources including wind, biogas, biomass and solar in 2015, primarily through RECs and onsite green power generation.  The energy consumption of American Express data centers, according to the report, are offset 100% through the purchase of renewable energy, onsite solar generation and renewable energy credits. 

"Data centers are crucial to how we deliver the products and services our customers rely on. However, we know that the energy used to data storage has an impact on the planet we all depend on. Housing thousands of servers and our data storage and networking equipment accounted for nearly 35 percent of our total energy use in 2015," the report reads. "As our business services expand, so will our need for data storage. We are finding ways to use energy as efficiently as possible." 



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