Our Impact
At Albireo Energy, sustainability is built into every aspect of our smart building solutions and services to deliver impact for our stakeholders.
We believe that we can make a difference in the world in which we live and work. Our mission to deliver mutually beneficial outcomes with each of our key stakeholders – employees, customers, vendors, and investors – is strengthened by our commitment to environmental, social, and governance (ESG) responsibility and accountability.
Environmental
Highlights from our 2021 ESG Report:
- Expanded our renewable energy expertise and capabilities
- Launched a partnership with the District of Columbia to aggregate local businesses into an energy buying group, following Albireo’s cost-saving models in Boston and Philadelphia
- Aligning our information security technology and management systems with ISO-27001 standards and other best practices to help protect against increasing cyber threats
Social
Highlights from our 2021 ESG Report:
- Certified™ by Great Place to Work® for the fourth year in a row
- Established an active Diversity and Inclusion (D&I) Committee
- Exceeded our annual 93% retention rate goal for the third year in a row
- Hired 203 new employees (separate from those who joined through acquisitions)
Governance
Highlights from our 2021 ESG Report:
- Dedicated to instilling our values and ethical commitments into every level of the organization
- Aligning our information security technology and management systems with ISO-27001 standards and other best practices to help protect against increasing cyber threats
ESG Approach
As an initial step in this effort, we aligned our internal ESG framework with the United Nations Sustainable Development Goals (UN SDGs). The 17 UN SDGs address environmental, social, and economic global challenges that require attention from countries, companies, and individual citizens. As a company dedicated to advancing smart building solutions, supporting our talented employees, and giving back to our communities, we have a role in substantially contributing to the aims of these goals. Seven specific UN SDGs were identified that directly align with Albireo’s impact strategy and the services and solutions we provide our clients.
Environmental Initiatives
Energy Efficient Buildings
Energy efficiency has the potential to contribute 40% of the GHG reductions needed to meet the goals of the Paris Agreement.1 Our Building Automation Solutions provide automatic centralized control of HVAC, lighting, access control, security and other interrelated systems and are designed to improve a building’s operational and energy efficiency while keeping occupants safe and productive. Building performance is further optimized with our BEYOND Analytics platform, which aggregates data across systems to analyze operational performance and energy usage, ultimately leading to cost and energy savings.
Green-Certified Buildings
ENERGY STAR certified buildings use 35% less energy and generate 35% fewer GHG emissions than their peers.2 Our Energy Services division provides benchmarking and site energy audits, recommendations for improvement measures, implementation of solutions and management of the Energy Star certification process. Further, our Energy Procurement division directly handles ENERGY STAR & other benchmarking reporting for nearly 3,000 customer accounts through our proprietary platform, UtilityModule.
Lighting Energy Reduction
Commercial buildings consume 35% of U.S. electricity consumption and generate 16% of all U.S. carbon dioxide emissions.3 Lighting is one of the largest single users of electricity in commercial buildings.4 Albireo helps commercial buildings reduce lighting energy by up to 65% through a portfolio of solutions that includes occupancy sensors, daylight harvesting, smart time scheduling, and variable load shedding, among others.
Data Center Energy Reduction
Renewable Energy
To reach Net Zero by 2050, almost 90% of our electricity must come from renewable sources.7 Our Energy Procurement division helps customers with intense energy needs save money while going green. From procuring renewable grid energy and carbon offsets to facilitating community solar projects and renewable power purchase agreements, we help customers transition to a low carbon economy.
Social Initiatives
Customer Health and Safety
Employee Health and Safety
The International Labor Organization estimates that 2.3 million workers die every year from work-related injuries and diseases, and an additional 313 million suffer non-fatal injuries per year, accounting for 4% of world GDP lost as a result.8 Employee well-being and safety are paramount at Albireo Energy. Our philosophy is simple: we are dedicated to ensuring that each employee arrives safely to their home and family every day. Our safety organization, policies, procedures, and training programs are designed to provide our employees and subcontractors with the necessary knowledge, tools, and skills to keep themselves and others safe. A zero-accident mindset is the basis of our safety culture, reinforced through positive messaging, rewards, recognition, and interactions between employees at all levels. Reaffirming our commitment of making safety a core organizational competency is one of the objectives of our three-year strategic plan, Ambition 2023.
Great Place to Work
Diversity & Inclusion
Albireo Energy has partnered with Evertreen to plant one tree for every Albireo Energy employee. Throughout 2023, we will continue to plant an additional tree for every new employee hired.
Learn more about this partnership here.
1International Energy Agency. ‘Energy efficiency 2O18: Analysis and outlooks to 2O4O’, viewed September 18, 2021: https://www.iea.org/reports/energy-efficiency-2018
2 EPA Energy Star, About ENERGY STAR for Commercial Buildings, viewed September 18. 2021: https://www.energystar.gov/buildings/about-us
3 U.S. Department of Energy Office of Energy Efficiency & Renewable Energy, Buildings Technology Office, Data Centers and Servers, viewed September 17, 2021: https://www.energy.gov/eere/buildings/data-centers-and-servers
4 U.S. Energy Information Administration, Use of energy explained: Energy use in commercial buildings, viewed: https://www.eia.gov/energyexplained/use-of-energy/commercial-buildings-in-depth.php
5 U.S. Department of Energy Office of Energy Efficiency & Renewable Energy, Buildings Technology Office, About the Commercial Buildings Integration Program, viewed September 18, 2021: https://www.energy.gov/eere/buildings/about-commercial-buildings-integration-program
6 Siddik, M.A., Shehabi, A., & Marston, L.T. (2021) ‘The environmental footprint of data centers in the United States’, Environmental Research Letters, 16. https://iopscience.iop.org/article/10.1088/1748-9326/abfba1
7International Energy Agency, Net Zero by 2050: A Roadmap for the Global Energy Sector, viewed September 18, 2021: https://www.iea.org/reports/net-zero-by-2050
8International Labor Organization, Decent work for sustainable development (DW4SD) Resource Platform: 12. Health and Safety at the Workplace, viewed September 18, 2021: https://www.ilo.org/global/topics/dw4sd/themes/osh/lang–en/index.htm