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Energy and Greenhouse Gas Emissions

Babson has made a specific commitment to move toward reducing greenhouse gas emissions that we emit or create in our operations.

Babson’s Sustainability and Climate Action Plan includes the following interim goals along our path toward carbon neutrality:

Stage

Years

GHG Reduction Goal

Overview of Key Actions​

I 2011–2015 25% below 2005 Energy efficiency investments
Invest in solar power generation
II 2016–2020 50% below 2005 Procurement of electricity from renewable sources
III 2021–2030 70% below 2005 Enhanced energy efficiency investment
Improved vehicle fuel efficiency​
IV 2031–2050 Climate Neutrality Purchase quality offsets​
All 2011–2050​ Ongoing focus on shift toward a culture of sustainability
Green planning and green building policies​

Each category necessarily consists of numerous smaller actions that contribute toward reduced greenhouse gas emissions. Those actions are discussed in more detail in the Opportunities and Actions of our Sustainability and Climate Action Plan.

Progress to Date

Energy Use

Through aggressive energy management and cost-effective investment in campus energy projects, Babson has progressively reduced its energy use during the last five years. As of fiscal year 2010, Babson already reduced energy use on campus by 13% below fiscal year 2005 levels.

Renewable Energy

Through Babson’s electrical utility provider, Wellesley Municipal Light Plant, Babson has a contract to provide sources 5% of its electricity from wind power generated at the Spruce Mountain Wind Farm in Maine.

Greenhouse Gas Emissions

Babson’s significant progress in reducing energy use has driven its early success in meeting its greenhouse gas emissions goals. Fiscal year 2010 emissions were 19% below FY 2005 emissions. We are well on our way to exceeding our 2015 goal of reducing emissions by 25% below FY 2005 levels. The graphic below shows both progress to date on greenhouse gas emissions reductions and our strategy for progressing toward climate neutrality.

Babson’s Path to Climate Neutrality

Path to Climate Neutrality

View full-size chart »

Fiscal year 2010 emissions were 19% below FY 2005 emissions. We are well on our way to exceeding our 2015 goal of reducing emissions by 25% below FY 2005 levels.