Energy Efficiency | Page 77

Hormel Foods Corporation, a global branded food company, recently received validation for its GHG reduction targets from the Science Based Targets initiative.

Avaya announced its emission reduction targets to reduce absolute Scope 1 and Scope 2 GHG emissions 50% by fiscal year 2030 from a fiscal year 2020 base year were approved by the Science Based Targets initiative (SBTi) in August 2023.

REI Co-Op, a specialty outdoor retailer, announced that the Science Based Target initiative approved the retailer's net-zero targets.

Advancion Corporation announced its 2030 goals aimed at reducing water, waste, energy and GHG intensity by 10%.

The Net Zero Forum Fall event once again gathered Smart Energy Decisions’ community of energy customers, suppliers, and industry experts to participate in educational sessions, 1:1 meetings, and networking opportunities, all with the goal of helping energy customers create and implement Net Zero and other sustainability strategies for their organizations.

Advanced Drainage Systems, Inc., a provider of water management solutions, continued progress toward establishing Science Based Targets to reduce absolute GHG emissions by 31% and toward a 16% reduction in emissions intensity in fiscal 2023.

Surge Energy US Holdings Company continued utilization of dual fuel completion fleets, which led to a reduction in GHG emissions of approximately 14,000 MT CO2e in 2021 and 2022.

The U.S. Department of Energy (DOE) announced $22 million in funding for 12 state-run programs to accelerate smart manufacturing at small- and medium-sized facilities.

Bacardi, a privately held international spirits company, announced the opening of its new Combined Heat & Power (CHP) system in Puerto Rico, which will lower GHG emissions of the BACARDÍ rum brand by half.