Energy Efficiency | Page 131

Moody’s exceeded its near-term GHG reductions targets with a 92% reduction in Scope 1 and 2 GHG emissions and a 95% reduction in Scope 3 from a 2019 base year.

PPG announced the startup of a power-generation facility at its Quattordio, Italy, automotive paint and coatings manufacturing site that is expected to reduce energy costs by 13% and carbon dioxide emissions by 10% annually.

Neiman Marcus Group will decarbonize the luxury retailer’s footprint through renewable energy, electrification, energy efficiency and refrigerant management.

Buildings contribute to approximately a third of U.S. emissions and 40% of global emissions, so we cannot meet consensus climate targets without transforming the buildings sector. In this column, Lotte Schlegel, Executive Director, IMT, explores critical lessons from the latest UN climate report and describes three ways to best advance building decarbonization while addressing social considerations.

Milliken & Company reported the progress the diversified global manufacturer made towards its sustainability goals, including increasing renewable energy use to 97,608 MWh/year, over 97% of the 2025 goal of 100,000 MWh/year.

ACRE, a global real estate private equity firm, announced its commitment to reduce its carbon emissions to net zero by 2050.

Workhuman announced it has achieved carbon neutrality for its 2021 Scope 1 and 2 emissions, in addition to a portion of its Scope 3 emissions through verified carbon removal offsets and renewable energy certificates (RECs).

Wendy's Company reported for the first time its 2020 climate data to CDP and received a B score on the submission, taking to step toward setting a science-based target to track and reduce emissions in its operations and supply chain.

As we prepare for SED's June Renewable Energy Forum, look back at the 2022 Innovation Summit, held in March at The Houstonian Hotel, Club and Spa, as our community of energy and sustainability buyers and suppliers gathered to focus on creating energy management strategies to hit emission reduction targets.

Orion Engineered Carbons, a specialty chemicals company, announced it seeks to achieve net zero emissions of GHG by 2050.