HNI Corporation Achieves Better Climate Challenge Emissions Goal - Business Wire
HNI Corporation Achieves Better Climate Challenge Emissions Goal | Business Wire
MUSCATINE, Iowa--( BUSINESS WIRE)--HNI Corporation (NYSE: HNI) announced today it has been recognized by the U.S. Department of Energy (DOE) for achieving its scope 1 and 2 emissions reduction goal as a partner in the Better Climate Challenge. HNI has reduced scope 1 and 2 emissions by 64% through the purchase of renewable electricity and energy efficiency efforts across its portfolio.
HNI is committed to combating climate change and to creating a better, more sustainable, tomorrow. In addition to being one of the market leaders partnering with DOE to set portfolio-wide emissions reduction goals, HNI relies on a strategy that incorporates the use of renewables, energy efficiency measures and new technology to drive improvement and integrate sustainability in HNI’s processes and products.
“Our Better Buildings Goal Achievers are leaders in their industries—demonstrating that we can reach the nation’s ambitious climate goals if we work together and commit to excellence,” said DOE Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy Jeff Marootian. “Congratulations to the 2023 achievers, who are accelerating innovative solutions to use less energy, reduce emissions, and save money for American families and businesses. We appreciate their dedication and hope more partners can join us as we build our clean energy future.”
“We are proud of this achievement and grateful for the partnership with the DOE. We rely on the collaboration, resources, and tools that the DOE provides to help us on this journey. We take a moment to acknowledge this achievement but know we need to keep pushing forward and further to increase our efficiency and to make a significant contribution in the fight against climate change,” said Lisa Brunie McDermott, HNI’s Director of Corporate Social Responsibility.
About HNI Corporation
HNI Corporation (NYSE: HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products, which include a full array of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. More information can be found on the Corporation's website at www.hnicorp.com.
About DOE’s Better Building Initiative
The Better Climate Challenge is one component of the Better Buildings Initiative, through which DOE partners with more than 900 public and private sector organizations to make commercial, public, industrial, and residential buildings more efficient, thereby saving energy and money while creating jobs. Discover more than 3,000 proven efficiency solutions from these partners in the Better Buildings Solution Center.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”