Republic Services
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Republic Services is a leading provider of solid waste collection, transfer, recycling, and disposal services in the United States of America. The company operates in over 40 states and Puerto Rico, serving millions of residential, commercial, and industrial customers. Republic Services is committed to sustainability and environmental stewardship, and has set ambitious goals to reduce its carbon footprint and promote renewable energy.
Decarbonisation is a key priority for Republic Services, as the company recognizes the urgent need to address climate change and reduce greenhouse gas emissions. Republic Services has set a goal to reduce its absolute Scope 1 and 2 emissions by 35% by 2030, compared to a 2017 baseline. This target includes emissions from the company's owned and operated facilities, as well as its fleet of vehicles. To achieve this goal, Republic Services is investing in a range of decarbonization initiatives, including renewable energy, energy efficiency, and alternative fuels.
One of the ways that Republic Services is promoting renewable energy is through corporate power purchase agreements (PPAs). A PPA is a contract between a renewable energy developer and a corporate buyer, in which the buyer agrees to purchase a certain amount of renewable energy from the developer over a specified period of time. PPAs are a key tool for companies to access renewable energy at a competitive price, while also supporting the development of new renewable energy projects.
Republic Services has signed several corporate PPAs in recent years, including agreements to purchase wind and solar energy from projects in Texas, Oklahoma, and North Carolina. These agreements will provide Republic Services with a reliable and cost-effective source of renewable energy, while also helping to drive the growth of the renewable energy industry.
In addition to corporate PPAs, Republic Services is also investing in renewable energy projects through its own corporate energy program. The company has set a goal to generate 50 megawatts of renewable energy by 2030, and is pursuing a range of projects to achieve this target. These projects include solar installations at Republic Services facilities, as well as partnerships with third-party developers to build new renewable energy projects.
Energy efficiency is another key component of Republic Services' decarbonization strategy. The company is investing in a range of energy-saving measures, including LED lighting, HVAC upgrades, and building automation systems. These measures not only reduce the company's carbon footprint, but also help to lower operating costs and improve the overall efficiency of Republic Services' operations.
In addition to its own decarbonization efforts, Republic Services is also working with its customers to promote sustainability and reduce waste. The company offers a range of recycling and composting services, and works with customers to develop customized waste reduction and diversion programs. By helping customers to reduce their waste and increase their recycling rates, Republic Services is helping to conserve natural resources and reduce greenhouse gas emissions.
Overall, Republic Services is a leader in the solid waste collection sector, with a strong commitment to sustainability and environmental stewardship. The company's decarbonization efforts, including its investments in renewable energy, energy efficiency, and waste reduction, are helping to drive the transition to a low-carbon economy. As the world continues to grapple with the challenges of climate change, Republic Services is demonstrating that businesses can play a critical role in addressing this global issue.