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Metrus Energy Releases New Impact Report: Report Takes Holistic Look at Overall Carbon Impact
  • USA - English


News provided by

Metrus Energy

Jul 12, 2023, 11:00 ET

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San Francisco, CA (PRWEB) July 12, 2023 -- Metrus Energy, an Energy as a Service (EaaS) and building efficiency market leader, announced the release of its 2022 Impact Report today. Metrus is the sole energy as a service company to publish such a report. Notably, in this year’s report Metrus has disclosed its own emissions in addition to the emissions saved on behalf of its customers.

"Disclosure alone is not enough to make a significant impact on climate change; it requires corresponding action," emphasized Bob Hinkle, Founder and CEO of Metrus.

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Metrus' customer projects, implemented through Sustainable Energy Services Agreement (SESA) initiatives, span across 32 states and encompass more than 760 sites. These projects, incorporating 30 different energy efficiency measures and technologies, achieved a total CO2 savings of 109,937 metric tons in 2022. Additionally, they saved 332,384,704 kWh of electricity, 319,377 therms of natural gas, 215,995 gallons of oil, and 25,996,616 gallons of water.

Adding up its scopes one, two, and three emissions, including emissions from its customer projects, Metrus had a total of 49,362 metric tons of CO2 emissions. As a result, the net savings across the Metrus portfolio in 2022 amounted to 60,575 metric tons of CO2.

Scope one emissions refer to direct greenhouse gas emissions from sources controlled by an organization, scope two emissions encompass indirect emissions from purchased electricity, and scope three emissions cover all other indirect emissions throughout an organization's value chain, including activities such as business travel and supply chain operations.

The lifetime CO2 savings across the Metrus portfolio, spanning the 14 years Metrus has been in business, is 795,483 metric tons, which is the equivalent of taking 25,972 cars off the road.

"Disclosure alone is not enough to make a significant impact on climate change; it requires corresponding action," emphasized Bob Hinkle, Founder and CEO of Metrus. "The Impact Report can act as a model for providing a comprehensive understanding of our business's environmental impact and we believe it can act as a catalyst for change.”

Click here to see the full Report

About Metrus Energy
Since 2009, Metrus Energy has been leading the way to a sustainable, low-carbon future by bringing energy efficiency and clean energy projects to life and helping organizations decarbonize faster. Metrus’ pay-for-performance model, in which customers benefit from the energy solution without having to own the equipment, launched the Energy as a Service industry. Metrus provides a comprehensive, climate-positive financing solution that pays for all upfront and ongoing project costs, enabling upgrades to aging infrastructure, improving equipment resiliency, and lowering carbon emissions without the capital expense. Metrus is a signatory to the United Nations Principles for Responsible Investment, America Is All In, and the US Department of Energy’s Better Buildings Challenge and Better Climate Challenge.

Maureen Bitter, Metrus Energy, http://metrus.com, 1 415-608-2017, [email protected]

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