Setting and Aligning Business Sustainability Goals
Review your current carbon footprint to set goals, needs, timeline and resources.
Map Your FutureYou can most accurately define a sustainability strategy by first understanding your current energy footprint. This company-specific data can be accessed by LOGGING IN to your account. The percentage of traditional energy usage in your portfolio is the target percentage you’ll need to offset with renewable sources (if 100% is your ultimate goal). Leverage this information as you ask yourself a few key questions:
- MANDATE-DRIVEN: What are your goals or mandates with renewables? Would you like to claim the additionality of bringing new renewables to the grid? Or perhaps you’ve pledged to match or offset a specific amount of load today, regardless of whether it is new to the grid or not?
- LOCATION: Are you looking for an on-site or off-site renewable energy solution? If on-site, how much suitable land or rooftop space do you have?
- TIME FRAME: What is your time frame for implementing a renewable energy solution?
- FINANCIAL: Are you seeking new methods of lowering your energy bills or providing a hedge against future rate increases? Are you positioned to make an initial or ongoing investment? Are you willing to pay a premium for a renewable energy solution? Some renewables are more expensive than others, due to geographic availability. For example, wind energy is more plentiful in the plains, whereas solar energy is more plentiful in sunnier regions.
- SCOPE: Depending on your business’s levels of Scope 1, Scope 2 or Scope 3 greenhouse gas (GHG) emissions, your renewable goals might be higher than your actual usage with Duke Energy.
- Scope 1: GHG emissions are direct emissions from sources that are owned or controlled by your business. Includes on-site fossil fuel combustion and fleet fuel consumption.*
- Scope 2: GHG emissions are indirect emissions from sources that are owned or controlled by your business. Includes emissions that result from the generation of electricity, heat or steam purchased by your business from a utility provider.*
- Scope 3: GHG emissions are from sources not owned or directly controlled by your business but related to business activities. Includes employee travel and commuting. Also includes emissions associated with contracted solid waste disposal and wastewater treatment, and those resulting from transportation and distribution (T&D) losses associated with purchased electricity.*
* Source: https://www.epa.gov/greeningepa/greenhouse-gases-epa