WR Grace Targets 20% Energy Intensity Cuts
“This new component of our sustainability strategy makes good business sense,” said Fred Festa, Grace’s chairman, president and CEO. “Clearly, this is a stretch goal, but I am convinced the drive to achieve it will make us more innovative, more efficient and enhance our stewardship of the environment.”
Grace will use 2007 as the base year against which it will measure progress. In that year, it produced nearly 2 million tons of products and had carbon dioxide equivalent emissions of 1.1 million tons.
The company filed for Chapter 11 protection in 2001 after continuing litigation and liabilities over alleged asbestos contamination, The company has been seeking permission to put its restructuring exit plan in place to come out of bankruptcy, The Wall Street Journal reports.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Tesla Becoming a Major Player in the Energy Storage Market
- Federal Agencies Must Use eProject Builder for All ESPC Projects
- Refrigeration Battery Works as Energy Storage
- 400 kW Fuel Cell System Powers Comcast Facility
- City Picks UtilityTRX for Utility Bill Management
- FridgeWize Unveils HVAC EC Motors
- Aztec AMC Modular HVAC system Reduces Data Center Cooling Costs
- Verismic Does Remote PC Power Management