Energy Efficiency | Page 104

Globalworth, an office investor in Central and Eastern Europe, scientifically validated its climate targets by the Science Based Target initiative (SBTi).

United Natural Foods, Inc., a wholesale grocer, announced the completion of its largest solar array investment to date at its Howell, N.J., distribution center.

Arrow Electronics, Inc., a global provider of technology solutions, announced it achieved all ESG goals established for 2022, including continuing to reduce Scope 1 and 2 emissions in 2023, thereby supporting the company's multi-year goal to reduce Scope 1 and 2 emissions in 2023.

Techtronic Industries Co. Ltd., a global power equipment and floorcare & cleaning company, announced it committed to setting Science-Based targets by signing the Science Based Target initiatives (SBTi) commitment letter.

ESAB Corporation, a connected fabrication technology and gas control solutions company, has committed to reducing absolute global Scope 1 and Scope 2 GHG emissions at major manufacturing sites by 30% by the year 2030 from a 2022 baseline.

Selling the value of investing in energy efficiency across an organization, especially in competition for precious capital, can be a real challenge. As this article from Constellation explains, demonstrating the potential return on the investment (ROI) through long-term cost reduction plus a life cycle assessment of current infrastructure is paramount when valuing the overall return of an efficiency initiative.

In its third Annual Sustainability Report, Polestar, a Swedish EV maker, confirmed it reduced relative CO2e-emissions per car sold by 8% compared to 2021 levels.

Donaldson Company, a manufacturer of filtration products and solutions, is targeting an absolute reduction of its Scope 1 and 2 GHG emissions by 42% by the end of fiscal year 2030 from a fiscal year 2021 baseline.

Microsoft Corp. plans to achieve its goal to become carbon negative by using direct air capture (DAC) systems that provide engineered carbon removal credits.