Coldwater Creek makes companywide conversion to renewable 'green' energy
24 Aug '06
3 min read
Coldwater Creek, one of the fastest-growing women's apparel retailers in the United States, announced its commitment to purchase renewable 'green' energy for its headquarters, distribution center, customer contact centers, and retail stores across the nation.
Recognizing the global importance of climate change, Coldwater Creek made the decision to offset 100% of its energy consumption with renewable energy certificates in order to dramatically decrease its impact on the environment.
Over the next three years, the company has committed to buy more than 217,000 megawatt-hours of wind-generated electricity.
By supporting wind energy, Coldwater Creek is preventing more than 299 million pounds of CO2 -- a key greenhouse gas -- from entering the Earth's atmosphere between now and 2009. This is the equivalent CO2 savings of taking nearly 30,000 cars off the road for one year, or the same amount of CO2 absorbed by protecting more than 113,000 acres of trees.
"We're extremely proud to join other industry leaders in taking this meaningful step forward by offsetting our total energy consumption with wind power," said Dennis Pence, Founder, Chairman and CEO of Coldwater Creek. "In addition to decreasing greenhouse gas emissions, companies that have chosen to make this important move are creating a viable market for renewable energy sources and raising global awareness about alternatives to fossil-fuel power production."
According to the Environmental Protection Agency, fossil-fuel-based power plants are responsible for 67 percent of the nation's sulfur dioxide, 40 percent of man-made carbon dioxide, and 23 percent of nitrogen dioxide emissions.