Six New Partners Join the Better Buildings Challenge
June 20, 2012
The Obama Administration announced on June 14 that six major U.S. companies are joining the Better Buildings Challenge, which encourages private sector leaders across the country to commit to reducing the energy use in their facilities by at least 20% by 2020. Starbucks Coffee Company, Staples, and the J.R. Simplot Company will upgrade more than 50 million square feet of combined commercial building space, including 15 manufacturing facilities. Financial allies Samas Capital and Greenwood Energy will make $200 million in financing available for energy efficiency upgrades through this national leadership initiative. And utility partner Pacific Gas and Electric has committed to offering expanded energy efficiency programs for its commercial customers, who are responsible for 30 million square feet of commercial building space.
The Better Buildings Challenge is part of a comprehensive strategy to improve the competitiveness of U.S. industry and business by helping companies save money by and reducing energy waste in commercial and industrial buildings. Under the challenge, private sector CEOs, university presidents, and state and local leaders commit to taking aggressive steps to reducing energy use in their facilities and sharing data and best practices with others around the country. With the addition of today's partners and allies, nearly 70 organizations have now joined the Better Buildings Challenge. Together, these organizations account for more than 1.7 billion square feet of building space, including more than 300 manufacturing plants, and they have committed almost $2 billion to support energy efficiency improvements nationwide. See the DOE press release and the Better Buildings Challenge website.