ESG-Sustainability Archives

What the EU’s Carbon Border Adjustment Mechanism (CBAM) Means for U.S. Manufacturers and Energy Suppliers

Global carbon policy is no longer theoretical. It’s operational—and it’s starting to reshape trade. The European Union’s Carbon Border Adjustment Mechanism (CBAM) is one of the most significant climate-related trade policies ever implemented. While it’s an EU regulation, its impact extends far beyond Europe. Manufacturers and energy suppliers around the world with direct or indirect […]

Summary of Standard Supply Service in the GHGP Scope 2 Revision

The latest Scope 2 Consultation document introduces and requests feedback on the concept of Standard Supply Service (SSS). What Is Standard Supply Service, and what’s being proposed? According to the recent Public Consultation document in section 5.3.1, the “approach would clarify how companies may account for electricity from shared or publicly supported resources while […]

What to Know About the Upcoming GHG Protocol Scope 2 Revisions: The Rise of Hourly Accounting

What to Know About the Upcoming GHG Protocol Scope 2 Revisions: The Rise of Hourly Accounting The GHG Protocol announced proposed updates to its Scope 2 Guidance (2015), entering a 60-day public consultation starting October 20, 2025. These changes will fundamentally shape how companies measure and report emissions from purchased electricity, the foundation of corporate […]

Empowering the Grid: Overcoming Hurdles to Leveraging Long-Duration Storage for Grid Resilience

As long-duration energy storage (LDES) continues to gain traction, the next challenge is how to effectively integrate these technologies into energy procurement strategies that meet the growing demand for carbon-free energy (CFE). In our post titled “Empowering the Grid: How Long-Duration Storage Can Revolutionize Energy Supply”, we explored the technological landscape of LDES and its […]

The High Cost of Inaction: Why Energy Suppliers Can’t Afford to Ignore Increasing Customer Requests for Reporting

As sustainability and decarbonization demands intensify in the race to net-zero, energy suppliers, such as utilities and retailers, are at a crossroads. Ignoring these demands is not just about sidestepping regulatory penalties or walking back on goals; it could mean losing the trust of customers, investors, and other stakeholders or missing out on prospective customers. […]

Cleartrace at VERGE 2024: Advancing Decarbonization with Industry Experts

Cleartrace’s Chief Commercial Officer, Patrick Davis, and VP of Sustainability, Nicole Sullivan, recently participated in VERGE 2024, a premier climate tech event held in San Jose, California. Co-hosted by Trellis Group and Clean Energy Buyer’s Association (CEBA), this year’s conference, with the theme “Deploying Climate Tech at Scale,” attracted thousands of sustainability and energy professionals, […]

Empowering the Grid: How Long-Duration Storage Can Revolutionize Energy Supply

As we strive to scale clean energy and decarbonize grids worldwide, long-duration energy storage (LDES) is emerging as a crucial solution. The demand for reliable, carbon-free energy (CFE) is growing as companies big and small aim to decarbonize and reach ambitious net-zero targets. Utilities and energy suppliers are at the forefront of the energy transition, […]

Harnessing Earth’s Heat: The Rise of Geothermal Energy in America

The quest for sustainable and reliable energy sources has never been more critical. With the urgent need to reduce carbon emissions and combat climate change, renewable energy solutions are at the forefront of the energy transition. Among these, geothermal energy is emerging as a powerful contender that only accounted for 0.4% of power generation in […]

Driving Decarbonization: How Green Tariff Programs Empower Utilities and Businesses

In today’s increasingly complex and rapidly changing energy market, advanced energy consumers with ambitious net zero targets are driving the push for cleaner energy solutions to advance decarbonization. Utilities are under pressure to provide innovative pathways for businesses (and households) to access renewable energy, and one of the most common mechanisms is through green tariff […]

Choosing the Right Path: 24/7 Carbon-Free Energy vs Emissions First

In the evolving landscape of energy sustainability, corporate energy buyers face a pivotal choice when moving beyond 100% Renewable Energy through the use of Renewable Energy Certificates (RECs), bundled or unbundled with physically delivered power, to a more advanced clean energy and decarbonization strategy: embrace 24/7 Carbon-Free Energy (CFE) or prioritize an Emissions First approach. […]

Renewable Energy Procurement: What are electricity customers seeking beyond clean energy?

In the evolving landscape of corporate sustainability, the integration of renewable energy has become a cornerstone of decarbonization strategies, for a company’s Scope 2 carbon footprint (indirect emissions from purchased electricity) and beyond. In the real estate sector, building owners are increasingly considering the energy impacts of their tenants and in some cases offering renewable […]

Data Challenges in Sustainability: The Path to Automation

Wherever you are on your sustainability journey, data is a critical component to guiding your path. To truly understand our environmental impact and craft effective decarbonization strategies, we must embrace a data-driven approach. While the significance of data in measuring carbon footprints, managing energy, and mitigating environmental impact is clear, the path to automation, though […]