The U.S. Environmental Protection Agency recognized Autodesk, Inc. (NASDAQ:ADSK) for its use of renewable energy, and the 3D design, engineering and entertainment leader has officially joined the EPA’s Green Power Partnership. Autodesk purchases more than 5 million kilowatt-hours of green power annually in the U.S., enough to meet the majority of the company's electricity needs.
“Like many of our customers, Autodesk faces the complex challenge of designing efficient, sustainable buildings and facilities, as well as managing them and the resources they consume,” said Lynelle Cameron, senior director of sustainability and philanthropy for Autodesk. “Our investment in green power demonstrates our commitment to sustainability across the lifecycle – from design through operation. Making these purchases is one step we can take to help accelerate the renewable energy sector and help create a better world.”
The purchases qualify Autodesk for EPA’s Green Power Leadership Club, a distinction given to organizations that have significantly exceeded EPA’s minimum purchase requirements. Green Power Leadership Club members must purchase ten times the partnership’s minimum requirement organization-wide.
As part of its sustainable operations strategy, Autodesk buys a combination of renewable energy certificates and utility green power products from Marin Clean Energy, Glacial Energy and 3Degrees. Generated from environmentally preferable renewable resources, such as wind, solar, geothermal, biogas, biomass, and low-impact hydro, green energy helps reduce greenhouse gas emissions from the power sector.“The EPA welcomes Autodesk as a Green Power Partner and applauds the company’s support for the voluntary renewable energy market,” said Blaine Collison, director of EPA’s Green Power Partnership. “Autodesk is helping to reduce harmful air pollution and demonstrating that using green power is smart for the environment and for business.” About Autodesk Autodesk, Inc. is a leader in 3D design, engineering and entertainment software. Customers across the manufacturing, architecture, building, construction, and media and entertainment industries – including the last 17 Academy Award winners for Best Visual Effects – use Autodesk software to design, visualize and simulate their ideas. Since its introduction of AutoCAD software in 1982, Autodesk continues to develop the broadest portfolio of state-of-the-art software for global markets. For additional information about Autodesk, visit http://www.autodesk.com/. About EPA’s Green Power Partnership The Green Power Partnership is a voluntary program that encourages organizations to buy green power as a way to reduce the environmental impacts associated with electricity use. The Partnership currently has more than 1,300 Partner organizations voluntarily purchasing billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500 ® companies, small and medium sized businesses, local, state, and federal governments, and colleges and universities. For additional information, please visit http://www.epa.gov/greenpower. Autodesk and AutoCAD are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. Academy Award is a registered trademark of the Academy of Motion Picture Arts and Sciences. All other brand names, product names or trademarks belong to their respective holders. © 2012 Autodesk, Inc. All rights reserved.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts