“Ecohz helps companies globally to reduce their carbon emissions through renewable energy solutions, and we’re delighted to welcome them as our first gold renewable energy partner. They will provide a valuable tool for companies responding to CDP, driving changes in energy behaviour with a wide choice of green power products and GO2, a new financing mechanism to build more renewable energy,” says Paul Simpson, CEO at CDP.
The general public, companies and investors are increasingly aware of the benefits of renewable energy. This combined with the increasing public and legislative demand for corporate transparency has created a new business reality.
“I think our partnership with CDP is a good example of how the combined strengths of NGOs and commercial corporations can reinforce this trend and accelerate changing energy behavior,” says Preben Munch, Director, Corporate Customers & Strategic Partnerships at Ecohz “CDP works with companies that report their carbon emissions, make targets and publish them. This increased transparency combined with our knowledge and tools to document the origin of the electricity that companies use across three continents makes us a good partner for CDP.”
Pedro Faria, CDP’s Technical Director (to the right in the picture with Preben Munch) says ‘We are pleased to be working with Ecohz. Companies will find their renewable energy solutions an important resource in the transition to a low carbon economy’.
In April ECOHZ announced its first GO2 contract with H&M and in July new pioneering steps in the Asian green power market.
Ecohz is also a partner in CDP’s Action Exchange program proposing zero carbon power solutions to the program members and their suppliers.
CDP, formerly Carbon Disclosure Project, is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 822 institutional investors with assets of US$95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions.