Silicon Valley’s Leading Companies Achieve Record CO2 Reductions
Sustainable Silicon Valley Report Details How California’s AB 32
Emission Goals Are Reachable by 2020
SAN JOSE, Calif. (Business Wire EON/PRWEB ) December 8, 2008 --
Sustainable
Silicon Valley (SSV), a regional collaboration of business,
government and nonprofit organizations, today released its 4th
annual report which details how leading SSV partners, including Adobe
Systems, Lockheed Martin Space Systems and Roche Palo Alto, have
successfully reduced their CO2 emissions from electricity and natural
gas by an average of 27 percent — more than twice the region as a whole.
Of SSV’s 100 members, 22 have already met or exceeded 2010 CO2 emissions
reductions goals, with aggregate reductions of 850,000 tons — equivalent
to taking half a million homes off the PG&E grid for a year.
“Not only does our 2008 report explain SSV’s proven, workable model for
environmental quality and economic vitality, but our partners’ results
from the CO2 Emission Reduction Initiative demonstrate that the state’s AB32
goals are possible to achieve and can deliver a significant
return on investment for businesses, local governments and organizations
of all sizes,” said Bruce Paton, Chair of Sustainable Silicon Valley.
SSV’s goal is to reduce the regional CO2 emissions to 20 percent below
1990 levels (32.2 million tons) by the year 2010. “SSV works because
partners voluntarily pledge to help meet regional emission reduction
targets by focusing on organization-specific pathways to success that
are uniquely cost-effective for each partner. Partners also report
progress, share information and mentor one another,” said Paton.
The report’s findings come in the midst of a significant economic
downturn in both the local and global economy. Despite skepticism that
organizational belt-tightening in 2009 will reduce investment in
sustainability initiatives, 80 percent of SSV’s partners surveyed said
that the economic climate would not affect investment in “green”
initiatives. The report also details key factors for successfully
implementing cost-effective sustainability initiatives (including
funding, ROI, green teams) as well as key trends — such as extending
producer responsibility, greening fleets and increasing water recycling
— that Silicon Valley organizations must be prepared to address in 2009
and beyond.
The Sustainable Silicon Valley 2008 Annual Report can be found at www.SustainableSiliconValley.org.
About Sustainable Silicon Valley Formed in 2004, Sustainable
Silicon Valley (SSV) is a voluntary partnership of 100 businesses,
governments, academic and non-governmental organizations collaboratively
creating a more sustainable future for Silicon Valley. SSV partners
pledge to help meet SSV’s regional target, set their own individual
targets, report their progress, share information, and mentor one
another in quarterly educational forums and monthly meetings. For more
information visit www.sustainablesiliconvalley.org.
MULTIMEDIA GALLERY http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5847891
See the original story at: http://eon.businesswire.com/releases/silicon_valley/sustainable_silicon/prweb1720804.htm
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