Sustainability Roundtable, Inc.

Through Sustainability Roundtable, Inc.’s Net Zero Consortium for Buyers (NZCB), seven world-leading companies have signed an aggregated virtual power purchase agreement (VPPA) with Southern Company for the renewable energy credits produced by the 180 MW Phase II portion of the Millers Branch Solar Facility in Haskell County, Texas. This long-term procurement enables the financing and development of the 180 MW solar project owned by SPC, and the project is expected to achieve commercial operation in the second quarter of 2026. Cisco, Juniper Networks, Bio-Rad Laboratories, Cadence Design Systems, IDEXX, PTC, and a large healthcare company joined this agreement, which democratizes access to the commercial and environmental benefits of utility-scale renewable energy by making procurement accessible to a broader range of enterprises. This aggregation is one of the largest peer-buyer organized aggregations to date globally. Today's announcement reflects the fact that the NZCB has achieved 86% of its goal of causing a gigawatt of new renewable energy capacity before 2025. Reaching NZCB’s gigawatt goal would generate enough energy to meet the annual average electricity needs of more than 200,000 U.S. homes while helping mitigate commercial Scope 2 emissions across the business operations of corporate buyers. This transaction demonstrates how the NZCB offers a breakthrough model for commercial collaboration in causing utility-scale renewables, beginning in North America and Europe. 

Sustainability Roundtable, Inc. (SR Inc) is proud to announce our 2024 Sustainable Business & Enterprise Roundtable (SBER) Award recipients! Presented the eve before our Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations, these awards recognize excellence in corporate sustainability and decarbonization throughout an eventful year. We congratulate the following 2024 SBER Award Winners: Synopsys Inc, this year’s Outstanding Corporate Leader, set the bar high in sustainability strategy, planning, and execution by: -Establishing strong near-term Science-Based Targets -Creating a detailed implementation plan to achieve those targets -Signing a 90 Megawatt VPPA for the Millers Branch 3 project with the NZCB Nell Triplett, this year’s Outstanding Executive, led Juniper Networks to a momentous year of sustainability progress by: -Securing approval for Juniper's Science-Based Target -Attaining buy-in for important internal decarbonization initiatives -Causing 40 MW of new renewable energy capacity through a 40 MW offtake of Purchaser-Caused Energy Attribute Certificates through a VPPA with the NZCB IDEXX, this year’s Breakthrough Corporate Leader, accelerated their corporate sustainability efforts by: -Roadmapping their corporate sustainability and renewables strategy -Completing a 20MW VPPA with the NZCB -Actively investigating additional aggregated renewable electricity procurements in the U.S. and Europe These leaders' standout sustainability work benefits not just their organization but all SR Inc Member-Clients – thanks not only to their example but to their much-appreciated input on our 2024 research runs. SBER’s collaboratively developed executive guidance and tools enable our lower-cost, better-evidenced sustainability support services to help organizations work towards decarbonization together. Congratulations to Eugene Brown, Erika Varga McEnroe, Nell Triplett, Michael Connolly, Daniel Wojciechowski, and Patrick O'Brien for their excellence this year! We're excited to continue partnering with these sustainability champions in 2025 as we work together to align business with life. 🌿 #CorporateSustainability #ClimateAction #RenewableEnergy

We’re proud to help facilitate a groundbreaking renewables transaction that will impact residents in both Cambridge, MA and Champaign County, IL. As Utility Dive’s Diana DiGangi wrote yesterday, the City of Cambridge signed the largest-ever Virtual Power Purchase Agreement (VPPA) by a U.S. city. This 50 MW offtake is also the first time a city will use a VPPA to offset residential carbon emissions. The VPPA will cover the average annual energy consumption of 25K+ Cambridge homes, nearly 50% of the City’s households. To learn more about this transaction and to read our CFO David Osborn’s thoughts, read the full article 📰

The City of Cambridge has completed the largest-ever Virtual Power Purchase Agreement (VPPA) of any U.S. city through the Net Zero Consortium for Buyers (NZCB)! This transaction procures 50 Megawatts of Purchaser-Caused Energy Attribute Certificates (PC EACs) for solar electricity from the Prairie Solar project in Campaign County, Illinois. Another point to celebrate: This deal represents not only the largest-ever VPPA by a U.S. city but also the first-ever transaction in which a U.S. city procures energy to mitigate residential rather than operational carbon emissions. By causing new renewable energy in one of the nation’s most carbon-intensive grids, Cambridge is achieving 2.6x the emissions reductions of a similarly sized procurement in Massachusetts, where the City invests in on-site solar. Congratulations to the City of Cambridge on this momentous procurement! We are proud to work with such a forward-thinking municipality – especially one that some of our own team members call home. Thanks for connecting city dwellers with clean energy and helping to decarbonize one of the nation’s dirtiest grids! Learn more in the press release! 🗞️ #CleanEnergy #Sustainability #VPPAs

We’re delighted to announce an important milestone in our dedication to more sustainable business: Sustainability Roundtable, Inc. is officially a Public Benefit Corporation! By reincorporating our charter, we’ve switched from a “C Corp,” which too many corporations think should solely prioritize short-term shareholder returns, to a “PBC,” whose legal purpose is to accelerate the development and adoption of best practices in more sustainable business. As our Member-Clients and partners know, driving more sustainable business practices has been our animating purpose for years. We’re thrilled that, with this new incorporation, our governance legally reflects that raison d'être —just another example of how SR Inc works to align business with life, whether for Member-Clients or in our own operations. Much gratitude to Eva Kaiden, our Program Associate, who managed this reincorporation from start to finish with legal! We appreciate her hard work and are thrilled to see this initiative cross the finish line. Learn more on our news page. 📣 #SustainableBusiness #PublicBenefitCorporation #Governance

Congratulations to Synopsys Inc, Inc., a leader in electronic design automation and semiconductor intellectual property, for their 90 Megawatt clean energy procurement through the Net Zero Consortium for Buyers! Synopsys' VPPA demonstrates the power of a collaborative approach to renewable energy procurement: Thanks to the NZCB, Synopsys contracted its VPPA in a record time of under three months. Plus, with the NZCB’s VPPA 2.0 climate finance mechanism, Synopsys secured purchaser-caused energy attribute certificates (PC EACs) that, unlike the “unbundled EACs” flooding the market, actually cause new renewable energy capacity. We applaud Synopsys for pursuing the gold standard of renewable energy procurement! Such leadership is essential to preserving the integrity of corporate renewable energy procurement integrity. Learn more about Synopsys' Virtual Power Purchase Agreement in the following articles: ☀️ Solar Quarter: Sustainability Roundtable Announces Synopsys Secures 90 MW Of Solar Energy Through Net Zero Consortium For Buyers ☀️ North American Clean Energy: Sustainability Roundtable, Inc Announces Synopsys has Purchased 90 MW of Solar Energy through its Net Zero Consortium for Buyers ☀️ Solar Bytes: Synopsys secures 90 MW solar deal in Texas ☀️ barchart: Southern's Unit Expands Millers Branch Solar Facility in Texas ☀️ Energy Global: Southern Power expands solar facility Congratulations again to Eugene Brown, Erika Varga McEnroe, and the rest of the Synopsys sustainability team. #CleanEnergy #CorporateSustainability #PCEACs

We’re thrilled to welcome Nayax to the Sustainable Business & Enterprise Roundtable! Headquartered in Herzliya, Israel and Maryland, USA, Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX) is a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on multichannel customer growth. A globally recognized payment facilitator, Nayax enables merchants to conduct commerce anywhere and at any time. We look forward to working with Aaron Greenberg, Finn Camper, and the Nayax team to help advance long-term, multi-stakeholder value creation through corporate sustainability. For more information on Nayax (and on how SBER helps companies to set goals, drive progress, and achieve results in their corporate sustainability programs), check out our website. Welcome to SBER, Nayax!

We're excited to welcome Amelia Christine Miller, Senior Lead of Environmental Management at Kyndryl, who will lead the Scaled ICT Roundtable during the "Mastering Mandatory Reporting" session at our Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations. Amelia’s sustainability leadership and experience will help facilitate an open conversation for ICT industry practitioners to discuss challenges and opportunities in environmental reporting and decarbonization. Amelia has played a crucial role in Kyndryl’s sustainability journey, which includes the company setting validated 2040 Net Zero targets, achieving an 8% reduction in Scope 1 emissions and a 9% reduction in Scope 2 emissions, and diverting 99.99% of IT electronic waste from landfills. Her work also contributes to the company’s efforts in reducing water consumption and supporting energy efficiency for customers’ IT infrastructures. With her dedication to using data analytics and critical thinking to drive sustainability improvements, Amelia is helping Kyndryl lead the way in corporate environmental responsibility. What is the Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations? SBER Member-Clients will convene on December 6 at the St. Regis Hotel in Washington, D.C., for a full day of case-based, best-practice insight based on SBER’s 2024 Executive Guidance & Tools. Collaboratively developed and iterated with SBER Member-Clients, this original management research is available nowhere else. Backed by our shared-cost strategic advisory services, this premier executive Summit intends to set the enterprise sustainability agenda for 2025 and beyond. This invitation-only and vendor-free Summit supports sustainability executives in moving toward the "next-level" sustainability leadership our world desperately needs. Space is limited. Directors of Sustainability and those responsible for decarbonizing global operations at operating companies are encouraged to request an invitation. https://lnkd.in/eMAVJzeY #SBERSummitVIII #CorporateSustainability #Leadership

We’re excited to welcome Tim Martin, Global Sustainability Director at Kyndryl, as a Mandatory Reporting panelist at our Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations. Tim will represent Scaled ICT companies as the panel dissects our original management research on navigating the shift to mandatory reporting. With over 20 years of experience as a leader and manager in IT services – and even longer tenure as a sustainability advocate – he excels at leading teams to confront complex problems. We’re excited for our Summit attendees to learn from his extensive background in energy efficiency and renewable energy procurement, among other sustainability bona fides. What is the Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations? SBER Member-Clients will convene on December 6 at the St. Regis Hotel in Washington, D.C., for a full day of case-based, best-practice insight based on SBER’s 2024 Executive Guidance & Tools. Collaboratively developed and iterated with SBER Member-Clients, this original management research is available nowhere else. Backed by our shared-cost strategic advisory services, this premier executive Summit intends to set the enterprise sustainability agenda for 2025 and beyond. This invitation-only and vendor-free Summit supports sustainability executives in moving toward the "next-level" sustainability leadership our world desperately needs. Space is limited. Directors of Sustainability and those responsible for decarbonizing global operations at operating companies are encouraged to request an invitation. https://lnkd.in/eMAVJzeY #SummitVIII #SustainableBusiness #CorporateOperations

We’re excited to welcome Justine Roberts, Director of Sustainability at Gates Corporation, to lead the Corporate Operations Roundtable at our Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations. Justine will moderate a small-group discussion on Scopes 1, 2, and 3, Decarbonization Playbook, to help executives responsible for decarbonizing corporate operations absorb and iterate on the lessons from our original management research. A global ESG and sustainability leader, Justine demonstrates a track record of success leveraging corporate sustainability investment to drive core business strategy and impact. We’re excited for Summit attendees to learn from her experience. What is the Summit for Sustainable Business VIII: Decarbonizing Corporate Global Operations? SBER Member-Clients will convene on December 6 at the St. Regis Hotel in Washington, D.C., for a full day of case-based, best-practice insight based on SBER’s 2024 Executive Guidance & Tools. Collaboratively developed and iterated with SBER Member-Clients, this original management research is available nowhere else. Backed by our shared-cost strategic advisory services, this premier executive Summit intends to set the enterprise sustainability agenda for 2025 and beyond. This invitation-only and vendor-free Summit supports sustainability executives in moving toward the "next-level" sustainability leadership our world desperately needs. Space is limited. Directors of Sustainability and those responsible for decarbonizing global operations at operating companies are encouraged to request an invitation. https://lnkd.in/eMAVJzeY #SummitVIII #SustainableBusiness #CorporateOperations