IBM Reports 4% Energy Savings, Net CO2 Emissions Up 5%

November 13, 2008

Email this story Print this post Add your comments

IBM released its 2007-2008 Corporate Responsibility Report (PDF) and reported that it exceeded its corporate goal of 3.5 percent energy saving and cut 3.8 percent of its total energy use. However, IBM reported a 5 percent increase in its net CO2 emissions due to business growth.

IBM’s conservation projects cut electricity use by almost 180 kilowatt hours, reduced 2.7 million gallons of fuel and avoided 111,000 metric tons of CO2 emissions, as well as saving the company $19.3 million in energy costs.

In 2007, IBM increased its total purchase of renewable energy to 455,000 megawatt hours, representing 8.5 percent of its worldwide electrical usage – up from 7.3 percent in 2006. IBM’s renewable energy purchase helped the company avoid releasing 232,000 metric tons of CO2 into the atmosphere.

The company reported that last year almost 11 percent of the total plastic IBM procured for use in its products was from recycled content, exceeding the company’s goal of 5 percent or more. In addition, the company says water initiatives in its microelectronics operations achieved a 4 percent savings rate, translating to a savings of 1.6 million cubic meters of water.

As a member of the Chicago Climate Exchange, the company reduced its scope one and two GHG emissions from the company’s operations in Canada, Mexico and the U.S. by almost 17 percent by the end of 2007; exceeding the company’s commitment of a 4.25 percent reduction.

The company has launched a host of green consulting services such as “Green Sigma” consulting service, “Cradle to Grave” environmental consulting, as well as a consulting service to help clients assess their CSR reporting and other CSR-related activities.

click to enlarge

Email this story Print this post Add your comments

Advertisers

Make sustainability part of your strategy.

Get equipped at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Best Practices: Product Environmental Compliance

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

11/23/2009
11/20/2009
11/19/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Rod Johnson on Stimulus Package Delivers $2.4 Billion for Electric Vehicle Projects
"Will this stimulus be extended to other electric utility vehicles?"

Charli on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Thanks Environmental Leader, for..."

James Beddingfield on Oceans May Trap more Carbon than Forests
"Another great thing about an ocean-based carbon sink is that it can’t..."

Custom Organic Shirts on Climate Scientists Alleged to Have Manipulated Data
"Wow, EL – should have seriously done even some background research..."

Phil on Climate Scientists Alleged to Have Manipulated Data
"Pete old boy, why don’t you just trot out the math that carries you from your..."

Roy Tindle on Climate Scientists Alleged to Have Manipulated Data
"It’s worth reading the report on RealClimate, a website by climatologists:..."

TreeBanker on SEC Charges Four in ‘Green’ Investment Ponzi Scheme
"This is a real shame because Matria and their subsidiaries have access..."

Environmental Leader