KAS Advisory Services, llc

Increasing your percentage of renewable energy sources is a key component of reducing overall GHG emissions. Installing onsite renewable generation, like solar panels, is a good long-term strategy if possible. But renewable energy can also be procured through Renewable Energy Credits (RECs), renewable power purchasing agreements (PPAs), and in some locations from retail electricity providers or local utilities that offers a high percentage of renewable power. Also consider becoming an EPA Green Power Partner.

Most companies begin by assessing energy usage or performing an energy audit to identify opportunities to increase energy efficiency throughout their facilities and operations. Energy reduction targets can be framed as either absolute reductions or reductions that are normalized per unit of production, such as per tons shipped, per dollars of revenue produced, or other relevant business metric. Some examples of commitments that can be taken include:

• Conducting an energy audit or request a meeting with your building owner to explore scheduling an audit
• Upgrading HVAC system to a more efficient model
• Upgrading lights in your office/facility to LEDs
• Upgrading insulation and windows
• Replacing appliances in your office with Energy Star-rated models
• Instituting a company policy of turning off lights other electronics when not in use.

Commit to integrate climate change-related risks and opportunities in portfolio analysis and decision-making processes through one or more of the following:

• Analyzing and assessing climate change-related risks and opportunities (e.g. through carbon footprinting, scenario analysis).
• Making commitments and setting targets (e.g. to carbon footprint reduction, to enhanced portfolio resilience, to decarbonization, including via the Portfolio Decarbonization Coalition).
• Investing in low carbon investment funds and other products (e.g. low carbon indices, climate-aligned bonds).