Baxter International Inc., a provider of healthcare solutions through its subsidiaries, recently purchased enough Green-e certified renewable energy certificates to cover the costs of electricity used at the company's Deerfield, Ill., corporate headquarters. The company purchased 15.5 million kWh of wind energy from Baltimore-based Constellation NewEnergy.
Baxter's headquarters campus covers 100 acres and includes 654,000 square feet of office space housing approximately 1,500 employees, the company says. The campus relies on electricity for 98% of its energy needs, which will be offset through the purchase of the renewable energy certificates. An additional 2% of its energy use at its headquarters comes from natural gas – to offset the emissions associated with the natural gas, Baxter has purchased credits on the Chicago Climate Exchange, which enables companies to trade their greenhouse gas emissions through a voluntary, legally binding emissions-trading market.
The company adds that a number of its facilities use alternative or renewable energy, including solar, biodiesel and biomass.
‘As global corporations increasingly play a greater role in addressing sustainability issues, they are changing how they operate in fundamental ways,’ says Robert L. Parkinson Jr., Baxter's chair and chief executive officer. ‘Sustainability and profitability are not mutually exclusive. In fact, they are closely intertwined and reinforcing. The sooner we all recognize this, the better – for business and society.’