Utility/Customer collaboration on uniform GHG and renewable energy reporting
Quantifying Clean Energy Investments
Sustainable Growth Coalition members developed resources to streamline members’ sustainability reporting, including CO2 emissions factors, residual mix CO2 intensity, and renewable goal-based claims and methodologies. The approaches outlined in this case study can more accurately quantify the true carbon footprint and renewable share of large companies’ purchased electricity, which helps utility customers capture a fuller value for their clean energy investment.
Data and reporting
Corporate sustainability leaders rely on data-based approaches to build the business case towards clean energy. The value of clean energy investments can be better captured through agreed-upon claims and reporting practices, which reduces reputational risk and avoids confusion from poorly understood claims. Carbon and renewables reporting accuracy bolsters confidence in the reporting entity by investors and customers, and better positions the reporting companies to capture a fuller value of their energy and carbon-reduction focused decisions.
Read the full case study (PDF).
Member Highlight: Xcel Energy
Xcel Energy is a member of the Sustainable Growth Coalition and is the first major U.S. power provider to announce a vision of delivering 100% carbon-free electricity to customers by 2050. With an interim goal of cutting carbon emissions 80% by 2030, they’re more than halfway there. Xcel has reduced carbon emissions 51% from the electricity provided to customers since 2005, and even more (54%) in Minnesota.
Our Sustainable Growth Coalition quarterly newsletter highlights active projects, success stories, ways to get involved, events to attend, and news about Minnesota’s global leaders in sustainability.
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