DOE Initiative Helps Major Companies and Organisations Halve Emissions by 2030

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by KnowESG
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A Brief Summary

The " Better Climate Challenge", an initiative launched in the public-private partnership by the U.S Department of Energy will help and assist organisations and companies set climate-related targets.

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The initiative has seen over 90 companies and organisations committing to at least a 50 per cent reduction in scope 1 and 2 greenhouse gas (GHG) emissions by 2030. Some signatories include 3M, Ford, GE, GM, Hilton, Honeywell, IKEA, Johnson Controls, MetLife, Nestlé, Trane Technologies, and Whirlpool.

Keith Sultana, Senior Vice President of Supply Chain and Operational Services for Trane Technologies, said: “We’re proud to join this important initiative and to lead by example by reducing our operations’ impact on the planet. Throughout many years of collaboration with Trane Technologies, including the Better Plants Challenge, the DOE has supported our sustainability leadership. Now, we look forward to joining our fellow Better Climate Challenge partners to build a better future together as we implement more sustainable operations across our industries.”

Better Climate Challenge initiative also has energy efficiency targets to display how their organisations are driving towards greener energy. It will associate with working groups to discuss setbacks, identify solutions, exchange best practices, and provide updates on commitments and energy performance yearly, which helps the organisations keep track of their operations.

Back, the DOE will assist partners technically and support them in measuring, tracking and improving emissions performance, share best practices, enhance peer-to-peer learning among partners etc.

U.S. Secretary of Energy Jennifer M. Granholm said: “Companies across America are joining arms to lead the zero-carbon transition through smart, strategic climate solutions that slash building and factory emissions and significantly cut costs. With the help of DOE, the meaningful and measurable emissions reductions of the Better Climate Challenge will save American businesses billions of dollars, create good-paying jobs, and drive innovation that strengthens the entire U.S. economy.”

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