Cox Enterprises, Inc. is a leading media, communications, and automotive services company in the United States of America. Founded in 1898, the company has grown to become one of the largest privately-owned companies in the country. Cox Enterprises operates in the Cable & Satellite sector, providing cable television, internet, and phone services to residential and commercial customers across the country. The company also operates in the automotive services sector, providing auto auctions, dealerships, and other services.
Cox Enterprises is committed to sustainability and decarbonisation, and has set ambitious goals to reduce its carbon footprint and increase its use of renewable energy. The company has a corporate energy team that is responsible for managing its energy use and implementing energy efficiency measures across its operations. The team works closely with other departments to identify opportunities for reducing energy consumption and increasing the use of renewable energy sources.
One of the key strategies that Cox Enterprises has adopted to achieve its sustainability goals is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, such as a wind or solar farm, to purchase a certain amount of energy at a fixed price. By signing a PPA, companies like Cox Enterprises can ensure a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.
Cox Enterprises has signed several corporate PPAs in recent years, including a 50 MW solar PPA in Georgia and a 68 MW wind PPA in Kansas. These agreements have helped the company to reduce its carbon footprint and increase its use of renewable energy, while also providing economic benefits to the communities where the projects are located.
In addition to corporate PPAs, Cox Enterprises has also invested in renewable energy projects through its subsidiary, Cox Energy. Cox Energy develops, owns, and operates renewable energy projects, including solar and wind farms, across the country. The company's portfolio includes more than 1,000 MW of renewable energy capacity, making it one of the largest renewable energy companies in the country.
Cox Enterprises has also implemented a number of energy efficiency measures across its operations to reduce its energy consumption and carbon footprint. The company has installed energy-efficient lighting and HVAC systems in its buildings, and has implemented a comprehensive recycling and waste reduction program. In addition, the company has implemented a telecommuting program, allowing employees to work from home and reducing the need for travel.
Cox Enterprises has set ambitious sustainability goals for the future, including a goal to achieve carbon neutrality by 2044. To achieve this goal, the company will continue to invest in renewable energy projects, implement energy efficiency measures, and explore new technologies and strategies for reducing its carbon footprint.
In conclusion, Cox Enterprises is a leading media, communications, and automotive services company in the United States of America that operates in the Cable & Satellite sector. The company is committed to sustainability and decarbonisation, and has set ambitious goals to reduce its carbon footprint and increase its use of renewable energy. Cox Enterprises has implemented a number of strategies to achieve these goals, including the use of corporate PPAs, investment in renewable energy projects, and implementation of energy efficiency measures. The company's commitment to sustainability and decarbonisation is a testament to its leadership and vision for a more sustainable future.