in News Departments > FYI
print the content item

Baxter International Inc., a provider of healthcare solutions through its subsidiaries, recently purchased enough Green-e certified renewable energy certificates to cover the costs of electricity used at the company's Deerfield, Ill., corporate headquarters. The company purchased 15.5 million kWh of wind energy from Baltimore-based Constellation NewEnergy.

Baxter's headquarters campus covers 100 acres and includes 654,000 square feet of office space housing approximately 1,500 employees, the company says. The campus relies on electricity for 98% of its energy needs, which will be offset through the purchase of the renewable energy certificates. An additional 2% of its energy use at its headquarters comes from natural gas - to offset the emissions associated with the natural gas, Baxter has purchased credits on the Chicago Climate Exchange, which enables companies to trade their greenhouse gas emissions through a voluntary, legally binding emissions-trading market.

The company adds that a number of its facilities use alternative or renewable energy, including solar, biodiesel and biomass.

"As global corporations increasingly play a greater role in addressing sustainability issues, they are changing how they operate in fundamental ways," says Robert L. Parkinson Jr., Baxter's chair and chief executive officer. "Sustainability and profitability are not mutually exclusive. In fact, they are closely intertwined and reinforcing. The sooner we all recognize this, the better - for business and society."


Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965