Potential offtaker

Blue Cross Blue Shield

www.bcbs.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Blue Cross Blue Shield is one of the largest healthcare providers in the United States of America, operating in the Managed Care sector. The company provides health insurance coverage to millions of Americans, including individuals, families, and businesses. Blue Cross Blue Shield has been committed to providing affordable and quality healthcare services to its customers for over 80 years. In recent years, the company has also made significant efforts towards decarbonisation and the adoption of renewable energy sources.

Decarbonisation is the process of reducing carbon emissions and transitioning to a low-carbon economy. Blue Cross Blue Shield has recognised the importance of decarbonisation and has taken steps to reduce its carbon footprint. The company has set a goal to reduce its greenhouse gas emissions by 40% by 2030, compared to its 2016 baseline. To achieve this goal, Blue Cross Blue Shield has implemented several initiatives, including energy efficiency improvements, renewable energy adoption, and the use of low-carbon transportation.

Corporate energy is the energy used by a company to power its operations. Blue Cross Blue Shield has implemented several measures to reduce its corporate energy use and increase energy efficiency. The company has invested in energy-efficient lighting, HVAC systems, and building automation systems to reduce its energy consumption. Blue Cross Blue Shield has also implemented a corporate power purchase agreement (PPA) to source renewable energy for its operations.

A corporate PPA is a long-term agreement between a company and a renewable energy provider to purchase a fixed amount of renewable energy at a predetermined price. Blue Cross Blue Shield has signed a 10-year PPA with a wind farm in Illinois to source renewable energy for its operations. The wind farm will provide Blue Cross Blue Shield with 100% of its electricity needs for its Illinois operations. The PPA will help Blue Cross Blue Shield reduce its carbon footprint and achieve its renewable energy goals.

Renewable energy is energy that is generated from renewable sources, such as wind, solar, and hydro power. Blue Cross Blue Shield has recognised the importance of renewable energy and has made significant investments in this area. The company has set a goal to source 50% of its electricity needs from renewable sources by 2025. To achieve this goal, Blue Cross Blue Shield has invested in several renewable energy projects, including wind and solar power.

In addition to its renewable energy investments, Blue Cross Blue Shield has also implemented several energy efficiency measures. The company has implemented a green building program to improve the energy efficiency of its buildings. The program includes energy-efficient lighting, HVAC systems, and building automation systems. Blue Cross Blue Shield has also implemented a transportation program to reduce its carbon footprint. The program includes the use of low-carbon transportation, such as electric vehicles and public transportation.

In conclusion, Blue Cross Blue Shield is a leading healthcare provider in the United States of America, operating in the Managed Care sector. The company has recognised the importance of decarbonisation and has taken significant steps to reduce its carbon footprint. Blue Cross Blue Shield has implemented several energy efficiency measures and has invested in renewable energy projects to achieve its renewable energy goals. The company's commitment to decarbonisation and renewable energy is a testament to its dedication to sustainability and the environment.

✓ Current offtaker under Corporate PPA's