NEW YORK July 27, 2011
Under the agreement, Verizon will further its goal to become more energy efficient, and will work with the laboratory on a possible blueprint for reducing energy use throughout the information and communications technology industry.
The laboratory and Verizon will work together and share technical expertise in several areas:
- Energy efficiency and energy management at Verizon’s buildings and facilities, including data centers.
- Advancement of smart grid technologies and best practices, including energy and communication technologies in homes and buildings.
The information and communications technology industry plays an important role in reducing energy consumption in other industries. Verizon’s global network, for example, is the platform on which energy-saving services like video conferencing, smart grid technology and home automation are made possible. In the last 20 years, every extra kilowatt-hour of electricity consumed by information and communications technology equipment has saved the U.S. economy 10 kilowatts of energy on average, according to the American Council for an Energy Efficient Economy.
Verizon has received numerous awards for its green initiatives. In 2010, Verizon received 21 awards for its sustainability achievements, and in January the company received the Groundbreaker Award from the Clean Economy Network Education Fund.
Verizon has been named to several lists for sustainability, corporate ethical standards and social responsibility, including the Dow Jones Sustainability Index, Newsweek Global Green 100, Maplecroft Climate Innovation Inde, FTSE4Good Index, Ethibel Sustainability Index and Calvert Large Cap Value Fund.
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