Our Responsibility
At Albireo Energy, we continue to challenge ourselves to think differently and continuously incorporate responsibility principles into the way we operate, serve, and engage.
Our Responsibility Report
Albireo Energy’s Responsibility Report outlines the company’s priorities, strategies, and activities for calendar year 2024, unless otherwise noted. We are committed to regular and transparent communication of our responsibility efforts.
Our Four Responsibility Focus Areas
We have categorized our material topics into these categories for engagement and reporting purposes.
Expanding access to sustainability technology and service solutions.
Reducing the environmental impact of our operating footprint.
Developing and engaging a high-performing workforce.
Operating with strong governance and the highest standards of ethics and values.
Our Progress
Expanding Access to Sustainability Solutions
We are expanding access to sustainable building solutions that reduce environmental impact and improve building performance. We advise customers on multiple facets of building and energy management by designing, developing, and implementing technology and service strategies carefully tailored to industry, location, and business mission.
Highlights from our latest Responsibility Report:
- The Sustainability Solutions Portfolio represented 73% of Albireo Energy’s total gross revenue in 2024.
- Delivered ~2,000 projects, each incorporating one or more of these services.
- Achieved over $17M in energy cost-savings for customers based on 2024 regional electricity and natural gas costs.
- Reduced energy usage by 68,571 MWh of electricity and 1,027,125 therms of natural gas.
- Avoided an estimated 40,000 MTCO2e of GHG emissions through energy reductions for clients.
Environmentally Responsible Operations
While our own environmental footprint is relatively small, we are committed to continuously reducing the impact of our operations. Our customer base requires solutions for building and maintaining high-performance buildings, and we believe that minimizing our own impact is core to operating as a responsible company.
Highlights from our latest Responsibility Report:
- For the second consecutive year, we collected data on our energy consumption and associated greenhouse gas emissions (GHG) as well as our water usage and waste management.
- We strengthened GHG emissions data accuracy by 72%, leveraging our new fleet fuel and mileage tracking system.
- Our service fleet increased by 8.4% in 2024 and it continues to grow.
- We also began the process of converting at least 75% of our fleet to hybrid vehicles by 2030.
Developing and Engaging a High-Performing Workforce
Our work requires building performance expertise. It also requires an inclusive work environment where people care about what they do, about each other, and the people who count on us the most. We approach employee recruitment, development, and engagement with this in mind. We listen to feedback, analyze the results, and use data to inform our improvements.
Highlights from our latest Responsibility Report:
- Achieved Certifed™ by Great Place to Work® for the seventh year in a row.
- ~80% of employees completed the survey and 82% said it is a Great Place to Work.
- 40% of open roles were filled with internal talent.
- Awarded 258 employees with Shining Star recognitions for their exceptional customer contributions.
- Veterans make up 10% of Albireo Energy employees.
Operating with the Highest Standards of Ethics and Values
Operating with the highest level of integrity is a core value for Albireo Energy. Operating ethically and leading with integrity is essential to earning and maintaining the trust of our employees, customers, suppliers, and the communities in which we work.
Highlights from our latest Responsibility Report:
- One Albireo Energy Business Operating System (BOS) serves as a standard set of processes, tools and technologies that we use to manage our business operations and achieve our goals.
- To ensure strong centralized control over data privacy and cybersecurity, we conduct ongoing reviews of internal systems, resources and employees.
- We recognize the benefits and risks of emerging technologies such as artificial intelligence (AI). The Office of the CIO leads our management policies and controls, and leverages best practices.
Resources and Policies
We invite you to read our previous sustainability reports and see how our commitment to sustainability has evolved over the past three years. Our goal is to be transparent about our progress, share our successes and challenges, and continue to improve our sustainability performance.
