IBM recognized for leading green power purchases in the U.S.
12 Feb 2008 -- IBM was recognized by the U.S. Environmental Protection Agency (EPA) for its leading green power purchases in the United States and for its support and participation in the EPA's Fortune 500 Green Power Challenge. IBM ranked 12th on the EPA's Fortune 500 list of Green Power Partners for 2007. Throughout 2007, the EPA challenged America's largest corporations to collectively exceed more than five billion kilowatt-hours (kWh) of U.S.-based green power purchasing annually. Fifty-three Fortune 500 Corporations responded to the challenge and are now collectively purchasing more than six billion kWh of green power annually.
IBM purchased more than 110,000 megawatt-hours (MWH) of green power in the United States in 2007, enough to meet 4% of the company's U.S. electricity use. During the same period and across its global operations, IBM procured 453,000 MWH of renewable energy through direct purchases and Renewable Energy Certificates (RECs). This is estimated to constitute approximately 9% of IBM's global electricity purchases in 2007. IBM's commitment to green power helps reduce greenhouse gas emissions while also supporting the development of new renewable generation capacity around the world.
The use and support of renewable energy are key components of IBM's global climate protection and energy management program.
The company's 2007 renewable energy purchases included direct purchases for IBM's own consumption as well as purchases of RECs. Notably, a majority of the electricity used to support IBM's operations in the United Kingdom is sourced from a mixture of renewable energy generation technology including biomass, wind, and combined heat and power generation. In the Netherlands, 100% of IBM's electricity (16,000 MWH) is generated by renewable sources. Also in 2007, IBM added renewable energy sources to its energy mix in Australia, purchasing 3,865 MWH of accredited renewable energy -- a renewable energy accreditation system that is equivalent to the Green-e Certification in the United States -- representing 4% of its anticipated annual electricity use in that country. In the United States, the largest purchases involved 96,000 MWH of RECs and 12,000 MWH of wind generated electricity for IBM's Austin, Texas, location.
IBM's procurement of renewable energy and RECs has increased from 11,000 MWH in 2001 to 453,000 MWH in 2007, a 40-fold increase over this period.
After having avoided nearly three million metric tons of carbon dioxide (CO2) emissions through implementing energy conservation projects between 1990 and 2006 (equal to 44% of the company's 1990 global CO2 emissions), IBM set a second generation goal to reduce CO2 emissions associated with its energy use 12% between 2005 and 2012. Use of renewable energy is recognized as an important means for the company to achieve its goal.
IBM believes its use of renewable energy and purchases of RECs support the renewable energy market, drive technological development and economies of scale for renewable energy generating technologies, and enable renewable energy sources to become cost competitive over time. These purchases demonstrate IBM's leadership on addressing climate change.