IBM has announced a fourth-generation GHG emissions reduction goal and a second-generation renewable electricity procurement goal. According to a post from IBM, these new goals “cover the energy consumption and corresponding CO₂ emissions associated with the company’s global business — from research, product development and manufacturing activities to [their] enterprise and cloud data center operations…”
The goals entail:
Procure 55% of global electricity consumption from renewable supplies by 2025
Reduce CO₂ emissions associated with energy consumption 40% by 2025
To increase their procurement of renewable electricity, IBM is working with their energy providers and collaborating with industry peers and nongovernmental organizations to increase the portion of renewable electricity incorporated into the grid. They plan to achieve their CO₂ emissions reductions goal through energy conservation and efficiency activities, combined with the migration to renewable electricity.
Since 1990, IBM's conservation actions have saved more than 7.4 billion kilowatt-hours of electricity consumption, avoided 4.4 million metric tons of CO₂ emissions, and saved the company more than $616 million.
IBM tracks their progress using Energy Hippo’s software. EEM Suite™ Project Tracking module supports tracking actual energy projects of three types: (1) energy conservation; (2) cost avoidance; and (3) renewable energy projects. Projects have specific data entry requirements that allow for a robust record of energy conservation measure projects. Project reporting shows historical and predicted project performance, comparisons of energy conservation measures with actual energy usage and spend, supports aggregation of project types and site levels, and provides financial payback calculations.
EEM Suite™ also has the capacity to monitor energy produced by solar and wind systems. Users can access data related to production, savings generated, and ratio of renewable to non-renewable energy sources. Additionally, EEM Suite™ can measure and track greenhouse gas emissions for internal use or for reporting to third-party GHG registries.