CORRECTING and REPLACING Green Mountain Energy Company Releases 2010 – 2011 …

April 21st, 20123:43 am @

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AUSTIN, Texas–(EON: Enhanced Online News)–Today Green
Mountain Energy Company
announced the latest data on the company’s
sustainability efforts with the release of its 2010-2011 Sustainability
Report. This is the first time the report has appeared as a standalone,
interactive website, inviting widespread consumer consumption. The
information shared reflects the company’s dedication to carbon neutral
and environmentally friendly business practices and can be found here: www.greenmountainenergysustainability.com.

“Green Mountain is a healthy, financially sound company founded with a
sustainable mission, and this report is a proof point that a company
doesn’t have to choose between profitability and environmental
responsibility”

As the nation’s longest serving green power retailer, Green Mountain’s
sustainability report reinforces the company mission to change the way
power is made by providing added transparency into its business. This is
the company’s 10th sustainability report and the first time
it’s been offered via a consumer-friendly online portal. The combination
of company growth and several new sustainable initiatives has produced
the most compelling report on Green Mountain to date.

“Environmental responsibility is at the core of our business and our
company culture,” said Paul Thomas, president and CEO, Green Mountain.
“The way we conduct business is important to our customers, our
employees and the community at large. We’re proud of the work we do and
I’m excited to share such a powerful, transparent report in a way that
makes it more accessible to the public than ever before.”

Sharing the company’s environmental practices has been a part of Green
Mountain’s business since the company was founded 15 years ago. The
first report was released in 1999, with subsequent reports following at
least every two years thereafter. The report announced today shares
results from 2010 through 2011.

2010 – 2011 Report highlights include:

  • Introduction of an interactive, easy to navigate format. The
    online site combines various digital elements that are
    reader-friendly, visually engaging and invites reader feedback. It
    also offers more flexibility for Green Mountain to refresh content as
    it becomes available.
  • Largest annual environmental impact from customers to date. In
    2011 alone, Green
    Mountain customers
    helped avoid 4.5 billion pounds of carbon
    dioxide (CO2). That’s the equivalent of 6 billion miles not
    driven or planting over 6.5 million trees!
  • Increased recycled materials within business practices. All
    billing envelopes for Texas residential customers were transitioned
    from 30% to 100% post-consumer recycled waste materials.
  • Nearly double employee participation in green commuter program.
    2010 and 2011 were the strongest years for employees commuting in
    environmentally friendly ways to work since the program was launched
    in 2006. Employees saved over 62,000 miles of driving and avoided
    nearly 57,000 pounds of CO2 emissions.
  • Expansion of the Green
    Mountain Energy Sun Club™
    . Green Mountain customers have
    voluntarily contributed to the installation of almost 500 kW of new
    solar power on the roofs and campuses of non-profits while educating
    the surrounding communities on the importance of this renewable
    resource.

“Green Mountain is a healthy, financially sound company founded with a
sustainable mission, and this report is a proof point that a company
doesn’t have to choose between profitability and environmental
responsibility,” continued Thomas. “As we grow, doing good for the
environment will remain as a central pillar of our business.”

The report follows indicators laid out by the Global
Reporting Initiative
(GRI) which thousands of companies consult as
an international best practice guideline for sustainability reporting.
The report also includes information about Green Mountain markets and
products as well as its environmental standards. Examples of the
company’s commitment to integrity, especially within product offerings,
are cited within the report including links to the company’s voluntary,
independent third-party “green audit” conducted annually.

For more information, view the 2010-2011 Green Mountain Sustainability
report: www.greenmountainenergysustainability.com.

Green Mountain Energy Company

Green Mountain, the nation’s leading competitive retail provider of
cleaner energy and carbon offset solutions, was founded in 1997 to
“change the way power is made.” The company is the longest serving green
power marketer in the U.S. Green Mountain offers consumers and
businesses the choice of cleaner electricity products from renewable
sources, such as wind, as well as a variety of carbon offset products.
Green Mountain’s largest customer is the “world’s most famous office
building,” the Empire
State Building
in New York City. Green Mountain customers have
collectively helped avoid over 14.8 billion pounds of CO2
emissions. As a wholly owned subsidiary of NRG Energy (NYSE:NRG), Green
Mountain is backed by one of the nation’s largest renewable power
producers. For more information, visit www.GreenMountain.com.

Article source: http://eon.businesswire.com/news/eon/20120420005593/en/Green-Mountain-Energy/Sustainability-Report/Renewable