Let Key unlock your ESG plan

If your ESG plan is awaiting capital or other resources, we can help. Beginning today.

<p>Let Key unlock your ESG plan</p>

ESG has become more than a corporate buzz word or ideal concept. Today, investors, customers, and employees are looking to organizations for more than good intentions and a promising strategy. Your stakeholders want proof of action, and soon.

There’s still time to make improvements that result in reportable, realized savings — this year — if you start now. But how? Which of your environmental, social, and governance (ESG) goals should come first?

Pick three + savings

You can impact all three of these ESG components with energy efficiency initiatives, plus one more driver: significant, immediate energy cost savings. Energy efficiency projects are not only planet- and people-friendly, they’re relatively easy to measure, manage, and scale. For instance, LED lighting upgrades are fairly simple to install, which enable you to reduce energy costs immediately and report your progress — by year-end.

Meanwhile, you can map out a big-picture plan and hone your strategy to stage initiatives over time. Developing, orchestrating, and optimizing that plan, however, requires capital, expertise, and resources. That’s where we come in.

On average, commercial buildings waste 30% of the energy they consume, and they consume 42% of the nation’s energy.1 Every day that commercial efficiency projects are delayed means more energy wasted and savings lost.

$2.2 billion

of new energy efficiency, fuel cell, and solar projects have been financed by Key Equipment Finance Clean Energy since its establishment in 2010.

Sustainability SOS

If your organization is caught between walking your ESG talk and managing human capital, management capacity, and financial resources, consider working with Key. The Key Equipment Finance® Clean Energy team is a recognized leader in providing tailored equipment and lease financing solutions for renewable energy projects.

Since 2010, our Clean Energy team has helped businesses like yours refine and achieve their sustainability goals with energy efficiency projects. We create an integrated approach, including resources critical to prioritizing and implementing projects. Examples of our success include:

  1. Energy efficiency: Upgraded 32 sites located in 17 states with high-efficiency LED lights and building management systems. The project reduced total electricity use by 71% and eliminated 138,530 tons of annual CO2 emissions — the equivalent of taking 26,911 cars off the road annually.
  2. Solar: 6.9 megawatt direct current (MWDC) total solar installation for a portfolio of three community solar projects in New York (with major commercial and municipal anchors) with a $44 million, 15-year sale-leaseback.
  3. Hydrogen-based fuel cell: Assisted in financing the world’s first commercial ferry powered entirely by hydrogen fuel cells with zero emissions.
  4. Fuel cell: Financed more than $100 million in fuel cells to power material handling equipment at multiple distribution centers of a leading online retailer.
  5. Microgrid: Provided financing for a renewable energy system (including a 3.8MW rooftop and canopy solar, 300 kilowatt battery energy storage system and electric vehicle charging stations) for a turnkey corporate headquarters facility, with a $19.6 million 15-year sale-leaseback. 

Here’s how to turn your ESG goals into achievements:

1

Get an energy audit to establish a baseline for metrics

2

Prioritize the quick hits and measurable returns

3

Seek advice, perhaps starting with your energy company

4

Get bids, including finding out what financing looks like

5

Form a plan

6

Take action

7

Measure, analyze, and report your progress

What’s on your list?

Regardless the size of your organization and facility footprint, we’re here to help. From ESG strategy development to project implementation — or even finding your baseline — we can help you get to the finish line, on target and in time to meet year-end reporting expectations.

Let’s do this

We know preparing for change is challenging and planning an effective ESG strategy can be daunting — and now imminent. Key has the knowledge and experience to help you invest in a better tomorrow, beginning today.

For more information contact:

Robert Davies, Senior Vice President, Key Equipment Finance Clean Energy at robert.davies@key.com.

1

https://www.centricabusinesssolutions.com/us/blogpost/effectively-managing-energy-across-multiple-buildings

This is designed to provide general information only and is not comprehensive nor is it legal, accounting, or tax advice. Key Equipment Finance is a division of KeyBank National Association. All credit, loan, leasing products are subject to collateral and/or credit approval terms, conditions, and availability and subject to change.

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