Commercial, Sourcing Renewables, Wind - April 23, 2019
EY US to be 100% renewable in 2020
Ernst & Young LLP announced it has signed VPPAs to initiate the construction of two large-scale Texas-based wind farms. The wind farms are scheduled to be operational mid-2020 and are expected to generate enough zero-carbon electricity to offset the absolute GHG emissions of the company’s U.S. business.
"These agreements actively address the environmental impact of our business and will become the cornerstone of our low carbon strategy, yielding significant economic and risk mitigation benefits," said Leisha John, EY Americas director of environmental sustainability in a statement. "We are proud to join other leading organizations who believe we must harness our influence and scale to drive measurable progress for our planet and future generations. We hope it will inspire others to think of innovative ways they, too, can contribute to a more sustainable environment."
The statement noted that through these agreements, EY US is catalyzing additional carbon-free energy supply to the grid, helping to power the US with cleaner energy sources.
Michael J. Inserra, EY Americas deputy managing partner and senior vice chair, also notes that a better working world must be one that works for all. "This belief underpins our duty to drive inclusive growth through responsible business practices, helping to create a world where everyone, everywhere is able to contribute to and share in prosperity," said Inserra. "Environmental sustainability is an essential component of inclusive growth and we will continue to look for ways to measure and reduce the environmental impact of our business operations."