Using RECs to meet emission reduction goals

Are you looking to reduce your company’s emissions and make a positive impact on the environment? Discover the innovative and successful practice that other organizations are already implementing to achieve their carbon-free energy goals. 

An impressive 71% of large energy buyers expressed their intention to either purchase or retire renewable energy certificates (RECs) in North America over the next three years. This trend highlights a growing commitment among major corporations to embrace cleaner energy solutions. Companies like Meta are leading the charge by making substantial progress in this area. They have successfully managed to cut their Scope 2 emissions, which are indirect emissions from the consumption of purchased electricity, in half.

This impressive achievement has been made possible through the strategic use of RECs, which allow them to offset their market-based emissions. By investing in RECs, companies are not only reducing their carbon footprint but also setting a precedent for others to follow in the pursuit of a more sustainable future.

Procurement is not just for large energy buyers or tech companies. The world of renewable energy is for more than the giants of industry; it is accessible to businesses of all sizes. RECs are designed to be inclusive, providing an opportunity for everyone to participate in the green energy movement. For suppliers and smaller companies that may not have the capital for advanced emissions-reduction technology or on-site renewable energy development, RECs offer a cost-effective, impactful path to lowering emissions.

These certificates allow smaller entities to support renewable energy projects indirectly, enabling them to claim the environmental benefits associated with green energy production. By purchasing RECs, these companies can demonstrate their commitment to sustainability and environmental responsibility without the need for significant upfront investment.

The journey to cleaner energy and reduced emissions is not only achievable but also increasingly accessible, thanks to the innovative solutions provided by companies like Innovo. We are dedicated to simplifying the process for businesses of all sizes.

Whether you’re a large corporation with extensive resources or a growing business with limited means, you have the tools and support necessary to transition to renewable energy sources. Innovo's user-friendly interface and streamlined middle-and back-office functions are designed to help organizations navigate the complexities of renewable energy procurement, allowing them to more efficiently meet their sustainability goals.