Constellation Advances Climate Goal With Effort to Help Large Business Customers Cut Their Carbon Footprints
July 27 2022 - 9:00AM
Business Wire
Rollout of customized carbon emissions reports
to all commercial and industrial customers is one of
Constellation’s industry-leading climate goals
Constellation, the nation’s largest producer of carbon-free
energy and a leading supplier of energy products and services,
announced today that it is delivering on its commitment to provide
100 percent of its commercial and industrial customers with
customized data to help them measure and reduce their carbon
emissions impact.
The customer reports are part of Constellation’s
industry-leading 100/100/100 climate pledge, which includes:
- Achieving 95 percent carbon-free electricity by 2030, and 100
percent by 2040
- Achieving a 100 percent reduction of operations-driven
emissions by 2040
- Providing 100 percent of business customers with customized
data to help them reduce their own carbon footprints.
Constellation currently produces 10 percent of all clean energy
on the grid in the U.S. with its zero-carbon fleet of nuclear,
solar, wind and hydro power plants.
“It’s not enough that we eliminate emissions from
Constellation’s business – we need to help our customers do the
same if we are going to truly lead the transition to clean energy,”
said Jim McHugh, chief commercial officer, Constellation. “A
pivotal step for businesses in this journey is helping them better
understand their energy consumption and resulting carbon emissions.
These customized reports will serve as an invaluable tool to
educate our customers and urge them to take additional actions to
reduce the carbon impact of their operations.”
The reports (see sample) will feature customer-specific
information on Scope 1 and Scope 2 emissions for facilities
receiving power and/or gas supply from Constellation.
To make it easier for customers to visualize and understand
their climate impact, the reports compare the number of miles an
average passenger vehicle would have to travel to equal the
customer’s carbon emissions. The reports will also highlight ways
customers can transition to clean energy, reduce their carbon
footprint and become more sustainable.
The reports are being introduced at a time when business leaders
and local governments are increasingly focused on doing their part
to combat climate change. About 60 percent of Fortune 500
companies, 600 local governments and 25 states have already
announced climate and energy goals or action plans. The federal
government also plans to procure 100 percent carbon-free
electricity by 2030 on a net annual basis, with 50 percent
carbon-free on a 24/7 basis.
Constellation will begin distributing the reports in late
August, with all of its commercial and industrial customers –
including three-fourths of the Fortune 100 – expected to receive
their customized reports by the end of 2022.
Among its other climate initiatives, Constellation has partnered
with Microsoft on the development of a 24/7/365 carbon-free energy
matching technology that will help customers achieve true zero
emissions, as opposed to the current practice of annualizing
renewable energy certificates and credits. The product will match a
customer’s energy needs with local, carbon-free energy sources on
an hour-by-hour basis.
About Constellation Constellation Energy Corporation
(Nasdaq: CEG) is the nation’s largest producer of clean,
carbon-free energy and a leading supplier of energy products and
services to millions of homes, institutional customers, the public
sector, community aggregations and businesses, including three
fourths of Fortune 100 companies. A Fortune 200 company
headquartered in Baltimore, our fleet of nuclear, hydro, wind and
solar facilities have the generating capacity to power
approximately 20 million homes, providing 10 percent of all
carbon-free energy on the grid in the U.S. Our fleet is helping to
accelerate the nation’s transition to clean energy with more than
32,400 megawatts of capacity and annual output that is nearly 90
percent carbon-free. We have set a goal to achieve 100 percent
carbon-free power generation by 2040 by leveraging innovative
technology and enhancing our diverse mix of hydro, wind and solar
resources paired with the nation’s largest nuclear fleet. Follow
Constellation on Twitter @ConstellationEG.
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version on businesswire.com: https://www.businesswire.com/news/home/20220727005212/en/
Dave Snyder Constellation 410-470-9700
david.snyder@constellation.com
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