Procter & Gamble said this week that it will reduce greenhouse gas emissions from its facilities by 30 percent. The commitment, which was established in partnership with The World Wildlife Fund, will be accomplished by 2020.
The 30 percent figure, according to the company, is based on science from the Intergovernmental Panel on Climate Change and is based on preventing global warming from exceeding 2 degrees Celsius.
The reduction will be accomplished by an increase in the use of renewable energy. In addition to slowing greenhouse gas emissions, the use of renewables will decrease operational costs for the company.
The relationship between renewables, energy efficiency and the economy was studied by researchers from Harvard University, Synapse Energy Economics and Boston University’s School of Public Health. The report on the study at Decoded Science said that it found that savings and related economic benefits are highly location dependent but are capable of saving millions of dollars.