GHG Emissions | Page 367

American International Group, Inc. issued its first Task Force on Climate-related Financial Disclosures (TCFD) report and created a position of Chief Sustainability Officer to lead the development and implementation of a company-wide sustainability strategy. Jennifer Waldner has been appointed to fill this role.

Skyworks Solutions, Inc., a producer of high-performance analog semiconductors, reported year-over-year savings of 72.700-megawatt hours in 2018, enough to power more than 6,000 homes for one year.

BD (Becton, Dickinson and Company), a leading global medical technology company, reached a 75% reduction in GHG emissions in 2018 from a baseline year of 2008, normalized to cost of products sold, well ahead of its 2020 target of 50%.

S&P Global has reduced its GHG emissions by 30% from 2013 to 2018, twice the rate of its 15% goal for that timeframe. The company also achieved a reduction in their Scope 1 & 2 emissions.

Mitsubishi Electric announced total CO2 emissions from production (GHG other than CO2 converted into CO2 mass) were reduced to 1.3 million tons in fiscal 2019, beating the target of 1.43 million tons. The reduction was attributed to measures such as the introduction of high-efficiency equipment and revised operations.

National Grid, an investor-owned utility, has completed its $100 million acquisition of Geronimo Energy, a leading wind and solar developer in North America. The acquisition was made through its competitive non-regulated unit, National Grid Ventures

Washington State recently became the first state to adopt an existing building performance standard, putting it at the forefront of all states in addressing energy efficiency in buildings. In this column from the Institute for Market Transformation, Executive Director Cliff Majersik shows how Washington is blazing a trail that other states are likely to follow.