Sourcing Renewables

It's the weekend! Kick back and catch up with these must-read articles from around the web:

In this episode, we join experts during the opening session of the Net Zero Forum Spring for important updates on hourly carbon-free energy matching. The session, titled "What's Old, New, and Next for Hourly Carbon-Free Matching Products" and presented by Constellation, sheds light on the changing landscape of clean energy and the importance of hourly 24/7 carbon-free energy as a new industry standard.

Microsoft announced the signing of a global renewable energy framework agreement to contribute to the software company's goal of having 100% of its electricity consumption 100% of the time matched by zero carbon energy purchases by 2030.

Through the Sustainability Roundtable, Inc.'s Net Zero Consortium for Buyers, Cisco, Juniper Networks, Bio-Rad Laboratories, Cadence Design Systems, IDEXX Laboratories, Inc., PTC, and a large healthcare company signed an aggregated virtual power purchase agreement (VPPA).

Teva Pharmaceutical Industries Ltd. announced new targets to achieve net-zero emissions across its operations and value chain by 2045 and 100% renewable electricity across all sites by 2035.

Toyota Logistics Services (TLS), a vehicle processing and distribution center in Long Beach, California, plans to use biogas at the facility.

Union Pacific Railroad lowered absolute GHG emissions for Scopes 1 and 2 by 19.1% since 2018.

BlueTriton Brands, Inc., a  water and beverage company in North America, set several 2030 goals, including seeking 100% of purchased electricity to come from renewable sources and to lower absolute operational GHG emissions in Scopes 1 and 2 by 42% versus 2022.

DuPont lowered its Scope 1 and 2 emissions from a 2019 baseline by 58%.

Equinix, Inc., a digital infrastructure company, maintained 96% renewable energy coverage across its portfolio in 2023, marking the sixth consecutive year of greater than 90% renewable energy coverage across its global footprint.