Wesco International, a provider of business-to-business distribution, logistics services and supply chain solutions, is now including energy efficiency requirements in its new building leases in order to meet its 2030 goals.
The company seeks to reduce Scope 1 and 2 GHG emissions 30% by 2030. The goals were set in 2021.
Company-owned buildings will also see the implementation of various initiatives to improve energy efficiency. These efforts, in addition to investments in renewable energy solutions with Wesco’s utility providers, will improve its emissions, according to Wesco’s annual sustainability report.
Wesco’s Scope 1 and 2 emissions come from two primary sources: electricity use, building fuel use and its transportation fleet, which includes both owned and leased vehicles. Among these, the largest source of GHG emissions is electricity and natural gas used by its facilities, which accounts for approximately two-thirds of its combined Scope 1 and 2 emissions. The company’s decarbonization strategy is focused on initiatives targeting these emissions sources, such as renewable energy, energy efficiency improvements, heating ventilation and air conditioning (HVAC), upgrades and electrification.
In 2024, Wesco prioritized renewable energy as a lever to reduce its emissions, developed its renewable energy program and expanded its market-based Scope 2 reporting.
Renewable energy is expected to remain an area of focus for the company as it explores investments into regional utility provider tariffs, community choice offerings and other local programs.
As additional countries and data have been captured, the company’s global carbon footprint has expanded by 1% since it was first reported for 2023. However, the company’s initial investments and renewable energy, alongside other initiatives, have made a positive impact towards its targets. Since the company’s baseline in 2021, its emissions per square foot of building space in the U.S., U.K. and Canada have decreased by over 13%, demonstrating decreased emissions intensity while the business has grown.
“Sustainability is a journey. This year, we continued to improve our capabilities and are confident we will make continued progress in the future,” said John Engel, Chairman, President and CEO, in a statement.