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Time Warner Cable Is Replacing Its Fleet With Fuel Efficient Vehicles, Such As Those Pictured Here In New York City, As Part Of The Company's "Go Green" Initiative. (Photo: Business Wire)

Stocks in this article: TWC

Time Warner Cable (TWC) today announced that it is joining a partnership administered by the U.S. Department of Energy (DOE) to further reduce petroleum use and increase efficiencies within its fleet of more than 20,000 service trucks and vehicles. TWC’s participation in the DOE’s Clean Cities’ National Clean Fleet Partnership is part of the company’s “Go Green” initiative and overall commitment to corporate responsibility, under which TWC is on track to meet or exceed a 15 percent reduction in 2012 total carbon intensity by the end of 2014.

Time Warner Cable is replacing its fleet with fuel efficient vehicles, such as those pictured here i ...

Time Warner Cable is replacing its fleet with fuel efficient vehicles, such as those pictured here in New York City, as part of the company's "Go Green" initiative. (Photo: Business Wire)

“One of TWC’s core values is a commitment to responsible business practices that positively impact the communities we serve,” said Rob Marcus, Chairman and CEO of Time Warner Cable. “We are very pleased to join this important DOE partnership to help our fleet achieve greater levels of environmental efficiencies. TWC looks forward to working with other large national fleet owners to share best practices that will drive down our fuel consumption, overall vehicle costs and environmental impact.”

The Clean Cities’ National Clean Fleets Partnership establishes strategic alliances with large private fleets to help them explore and adopt alternative fuels and fuel economy measures to reduce petroleum use. TWC will be provided with technical services, data and assistance to develop a petroleum reduction plan, and be given access to tools and resources to navigate alternative fuels and advanced vehicles. TWC will also have access to information exchange among other Fortune 500 companies that are Clean Fleet Partners.

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