Commercial | Page 178

As the clock winds down on 2016, we've taken a look back at the year in corporate energy management with an eye toward the most impactful storylines.

The company has also set a goal to increase the energy performance of its product portfolio 30 times by 2025.

Reaching a last-minute compromise, Michigan lawmakers on Dec. 15 passed long-sought-after reforms to the state's energy policies that will increase the renewable energy standard and maintain the retail electric choice program.

Technology conglomerate Cisco Systems continues to ramp up its energy efficiency and renewable energy initiatives, recently reporting the implementation of 100 such projects in fiscal 2016.

Toward its goal of using 30% renewable energy by 2020, Procter & Gamble is currently at about 10%, according to its first-ever corporate citizenship report.

Smart Energy Decisions has announced an initial list of sponsors and attending corporations for its inaugural Innovation Summit event.

Google has made $2.5 billion in equity commitments for renewable energy projects worldwide, according to its 2016 environmental report, which also put numbers on efforts to make its data centers as energy efficient as possible.

A new set of recommendations intended to help businesses better disclose climate-related financial risks and opportunities were released Dec. 14 by the task force launched by the Financial Stability Board and led by former New York City mayor and billionaire Michael Bloomberg.

Current, the energy management "startup" launched by General Electric just over a year ago is undergoing a corporate reorganization, Greentech Media reported Dec. 12.

How can a corporate executive distinguish energy efficiency projects that will pay off from the ones that are full of hot air (and not in a good way)?