Cleantech integrator pledges to achieve
net zero carbon emissions by 2040.
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy, today
released its 2021 Environmental, Social and Corporate Governance
(ESG) report. The report centers on the theme of “Doing Well by
Doing Good: Innovation. Action. Integrity.” which reflects the
company’s ESG programs, strategic initiatives, and commitments for
the future.
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the full release here:
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Innovation. Action. Integrity. Ameresco
Releases Second Environmental, Social and Corporate Governance
(ESG) Report. (Photo: Business Wire)
The 2021 ESG report highlights Ameresco’s practices pertaining
to business and operations, environmental advocacy and impact,
employee engagement, giving back, health and safety, and corporate
responsibility. Publicly sharing the initiatives, performance
metrics, and targets supports the company’s accountability to
stakeholders and long-term focus on sustainability.
Since its inception in 2000, sustainability has always been at
the forefront of Ameresco’s business – from energy saving customer
projects and clean energy generation assets, to workplace green
initiatives and giving back to local communities. Since going
public in 2010, the company’s renewable energy assets and customer
projects have delivered a cumulative carbon offset over 60 million
metric tons of carbon dioxide. As detailed in the 2021 report, this
is only the beginning of the company’s relentless pursuit of a net
zero future as the firm has committed to reduce its customers’
carbon footprint by a cumulative 500 million metric tons by
2050.
In addition to delivering innovative energy solutions to
customers, the company looked inward in 2021 to establish new
programs and practices designed to increase impact, transparency,
and accountability. Throughout the ESG report, Ameresco has
unveiled long-term commitments grounded in contributing to a
decarbonized, resilient, energy secure, and equitable future.
“Climate change is the issue of our generation, and we must act
now and make it a top priority,” said President and CEO of
Ameresco, George Sakellaris. “We must think creatively to play an
integral role in the transformation of the energy industry and the
resolution of climate issues. We have an opportunity before us to
change the trajectory of the energy industry in collaboration with
our customers, partners, and communities. Our commitment to net
zero is unwavering, and we have never been more prepared to take
action.”
The company has pledged to achieve net zero carbon operations by
2040 for scope 1 and scope 2 emissions and will establish
greenhouse gas emissions reduction targets through the Science
Based Targets initiative by 2025 to validate net zero targets with
science-based certification. The company leveraged their own smart
AssetPlanner® software – developed for customers and prospects to
analyze their own carbon footprint. Ameresco’s 2019 carbon baseline
and 2020 carbon inventory are detailed in the report, along with
background on initial steps in their strategy to destination: net
zero.
The company has committed to continue investing in a workforce
that empowers, unites, and inspires – many stories of which can be
found within the report, and to increase the diversity of their
global workforce and celebrate unique backgrounds, creative
differences, and the individual experiences that make the One
Ameresco team. Investment in employee engagement programs in 2021
included a companywide learning management system, an employee
recognition system, and enhanced mental health and well-being
benefits.
In addition to a continued focus on employees, Ameresco is
deeply committed to C.A.R.I.N.G. for their local communities. As a
new benefit in 2021, the company provided every employee with 16
volunteer hours, hosted several regional volunteer opportunities,
and instituted a new employee donation matching program. Over 1,000
hours were volunteered across Ameresco’s global footprint and over
$75,000 in employee donations to over 60 non-profit 501(c)(3)
organizations were matched through September 30, 2021.
With a relentless focus on stringent health and safety
compliance, safe technical infrastructure, and meaningful corporate
ethics, Ameresco’s governance practices are designed to ensure that
complex energy projects are executed with the highest level of
integrity. The report details the firm’s continued commitment to
achieve world class safety performance with a target zero accidents
and injuries, cybersecurity best practices, and increased
leadership diversity.
Ameresco’s ESG Ambassadors – which includes team members across
various functions and geographies – set out in 2021 to engage
stakeholders companywide in bringing the company’s ESG programs and
goals to fruition. Initiated in 2020, the group’s focus is to
understand and communicate the many ways ESG is intertwined and
strategically pursued in the company’s operations. The company
plans to continue investing additional resources into its overall
ESG programs for years to come.
“As the Executive Chair of our ESG Ambassador group, I am
personally and professionally energized by the heightened awareness
of ESG across all markets, and I am thrilled by the way
organizations are taking action with conviction and at scale. Our
strategic ESG initiatives in 2021 have run in parallel with
customer projects focused on meaningful decarbonization. The global
emphasis on climate change, environmental equity, and social
responsibility is a catalyst for opportunity.” said Doran Hole,
Executive Chair of Ameresco’s ESG Ambassador group and Chief
Financial Officer.
To view the 2021 Ameresco ESG report, please visit:
http://www.ameresco.com/2021-esg-report/
To learn more about Ameresco and the company’s cleantech
solutions, please visit www.ameresco.com.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
cleantech integrator and renewable energy asset developer, owner
and operator. Our comprehensive portfolio includes energy
efficiency, infrastructure upgrades, asset sustainability and
renewable energy solutions delivered to clients throughout North
America and the United Kingdom. Ameresco’s sustainability services
in support of clients’ pursuit of Net Zero include upgrades to a
facility’s energy infrastructure and the development, construction,
and operation of distributed energy resources. Ameresco has
successfully completed energy saving, environmentally responsible
projects with Federal, state and local governments, healthcare and
educational institutions, housing authorities, and commercial and
industrial customers. With its corporate headquarters in
Framingham, MA, Ameresco has more than 1,000 employees providing
local expertise in the United States, Canada, and the United
Kingdom. For more information, visit www.ameresco.com.
Forward-looking statements
This release contains forward-looking statements within the
meaning of federal and state securities laws, including statements
about our goal to achieve net zero carbon emissions by 2040, our
strategies to achieve this goal, and underlying assumptions. In
some cases, you can identify forward-looking statements by terms
such as "may," "will," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates,"
"believes," "estimates," "predicts," "potential" or "continue" or
the negative of these terms or other similar expressions. All
statements other than statements of historical fact contained in
this report are forward-looking statements. You are cautioned not
to rely on these forward-looking statements, which are based on
current expectations of future events. For important information
about the risks and uncertainties that could cause actual results
to vary materially from the assumptions, expectations, and
projections expressed in any forward-looking statements, please
refer to the “Forward-Looking Statements” and “Risk Factors”
sections of our filings with the Securities and Exchange
Commission, all of which can be found at
https://ir.ameresco.com/sec-filings.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211214005061/en/
Media: Ameresco: Leila Dillon, 508-661-2264,
news@ameresco.com
Investor Relations: Eric Prouty, AdvisIRy Partners,
212.750.5800, eric.prouty@advisiry.com Lynn Morgen, AdvisIRy
Partners, 212.750.5800, lynn.morgen@advisiry.com
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