Fifth Third set an ambitious goal to power the Bank’s operations across its national footprint – including more than 1,000 retail locations and operational facilities across 11 states – with 100% renewable power.
In this method, energy consumption from purchased electricity is calculated in terms of fuel inputs to account for different fuel efficiencies during power generation and efficiency losses in power transmission. The equivalent energy value is represented in terms of sources as per power supplier-provided data. Our Westbrook Mill does not buy power, and the mill energy profile reflects sales of Renewable Energy Certificates (RECs). The 2013 conversion of the Cloquet pulp mill to dissolving pulp, a higher-purity pulp requiring more energy to produce, increased the energy intensity of that site. At the same time, Cloquet achieved higher use of renewable fuels, reducing natural gas, purchased electricity and fuel oil.
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