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IBM Cuts CO2 Emissions by More Than 1 Million Tons, Saving $115 Million
Washington - he World Wildlife Fund and the Center for Energy and Climate Solutions have announced that IBM, a participant in their Climate Savers program, has surpassed its reduction target and avoided more than 1.28 million tons of CO2 emissions since the company joined the program in 1998, saving $115 million in reduced energy costs.
Having already achieved an estimated 20% reduction in global CO2 emissions through energy conservation efforts from 1990 to 1997, IBM further reduced the greenhouse gas emissions associated with the company's annual energy use by the equivalent of an average of 5.7% from 1998 to 2004, exceeding its Climate Savers commitment of a 4% average annual reduction.