in News Departments > FYI
print the content item

Steelcase Inc., a Michigan-based office furniture company, has announced the company's renewable energy investment is equivalent to 100% of its worldwide electricity consumption. The company has chosen to purchase its renewable energy credits (RECs) from a portfolio that includes newer wind power and hydroelectric projects in North America and Europe.

"Our commitment to renewable energy is reflective of our passion for innovation and the environment. We're helping grow an industry that will ultimately benefit the entire world," says Jim Keane, president and CEO of Steelcase Inc.

The company adds that its REC purchases are part of the company's larger energy strategy, which has resulted in a 60% reduction in energy use since the company began tracking its consumption in 2001.

Furthermore, Steelcase says it has created a program to help encourage the company's suppliers to purchase RECs from new wind energy facilities that came online in 2011 or later. Those partners choosing to participate will benefit from Steelcase's volume discount pricing.

"We see this program as both a business advantage and extension of the company's long-term commitment to sustainability," comments Angela Nahikian, director of global environmental sustainability for Steelcase. "As demand for fossil fuels begins to outpace global supply, we'll know that we've played an important role in developing a market for clean energy. It's exciting to be able to offer this great benefit to our trusted partners."




Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008