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AGPOM’s Investment in Renewable Energy Credits Benefits Members

Tara Hughes March 17, 2015 Industry News No comments
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AGPOM Invests 10% of annual revenue in Renewable Energy Credits on behalf of our members

Through a unique partnership with Bonneville Environmental Foundation (BEF), AGPOM creates an additional incentive for our members to “green” their business.

Each year AGPOM dedicates 10% of our membership revenue to implement environmentally sustainable business practices in the name of AGPOM Membership. This annual investment is used to purchase Renewable Energy Certificates (RECs) on behalf of AGPOM member companies. Renewable energy facilities generate renewable energy credits (RECs) when they produce electricity. Purchasing these credits is a way to reduce the environmental footprint of our member’s electricity consumption. This year’s (2015) purchase of 4,790 RECs (4,790,000 kWh) is the equivalent to powering nearly 600,000 sqft of office space for a year (598,750 sqft exactly) OR powering 496 average US homes for one year! AGPOM also partners with BEF to mitigate AGPOM’s own annual operational carbon and water footprint through the purchase of RECs, Carbon Offsets and Water Restoration Certificates® (WRCs).

Through the purchase of Renewable Energy Certificates (also known as Renewable Energy Credits or RECs), businesses and organizations such as AGPOM can affordably purchase the environmental benefits of renewable power generated from facilities throughout the U.S.

Green-e Energy Certified RECs represent renewable energy sources such as wind, solar or biogas projects where lean energy has been delivered to the North American power grid to reduce carbon emissions from fossil fuel-based electricity. One REC represents the non-power environmental attributes of 1,000 kilowatt-hours (1 megawatt hour) of renewable energy. All of BEF’s REC products are Green-e® Energy certified.

Carbon Offsets (also called Carbon Credits) provide businesses with a verified method to balance an unavoidable carbon footprint by directly supporting projects that are proven to reduce carbon emissions.

So much water is withdrawn from rivers and streams to service individuals, agriculture, industry and businesses that across North America tens of thousands of miles of dry or critically dewatered river systems now exist. In many places, water withdrawals completely dry up streams and significantly impact water quality, native fish and wildlife, aesthetics and recreational opportunities. BEF’s Water Restoration Certificates® (WRCs) offer the first-of-its-kind tool to go a step further—to actually restore the water footprint businesses can’t avoid, gallon-for-gallon, to critically dewatered rivers and streams.

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Bonneville Environmental Foundation (BEF), is a national nonprofit that empowers businesses to be in balance with the environment through a full suite of environmental products, educational and community engagement programs along with custom solutions that help our partners address their unavoidable energy, carbon and water impacts. BEF aligns their partners’ goals with extensive industry expertise to achieve immediate results today while helping solve tomorrow’s biggest environmental challenges.

Learn more about Bonneville Environmental Foundation here.

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