Author: 3Degrees Staff

At 3Degrees, we make it possible for businesses and their customers to take urgent action on climate change— providing renewable energy and carbon offset solutions to Fortune 500 companies, utilities, universities, green building firms and other organizations that are working to make their operations more sustainable. And as a certified B Corporation and eight-time winner of the EPA Green Power Supplier of the Year award, we’re primed to deliver custom clean power solutions that will help each organization make an environmental impact. Founded in 2007, 3Degrees is headquartered in San Francisco, California, with offices across the United States.

Okta tackles electricity emissions with Social RECs

San Francisco-based identity company, Okta, is no stranger to working on impactful renewable energy procurement projects. In 2020, they completed their first renewable energy purchase with 3Degrees in the interest of addressing their scope 1 and 2 emissions in a manner that bestows positive community outcomes.

The organization later decided to focus the majority of their US purchases on Social Renewable Energy Certificates (RECs)—these are RECs with co-benefits outside of solely environmental benefits, like supporting local community-based organizations and projects that are involved in solving the systemic nature of social and environmental issues. 

This focus on impact-based work comes from Okta’s unique style of cross-team collaboration and a strategy to address broader challenges such as sustainability, diversity, equity and inclusion (DEI), and social impact. Okta for Good, the philanthropic arm of the company, plays a central role in this strategy, as it has a commitment to “be a catalyst for those making change at the intersection of humanity and technology.”

In 2020, 3Degrees introduced Okta to various impact projects, like California Bright Schools, while Okta also had prior relationships with other organizations, like Solar Stewards, a women and minority owned business.  Recognizing the importance of weaving equity and impact into its business and climate strategy, Okta met with several climate justice, social enterprise, environmental organizations, and funders as part of a “listening and learning” tour. With takeaways from the tour, additional internal research, and 3Degrees’ recommendations, Okta chose to add a project with Solar Stewards to their next renewable energy procurement. The specific project will support energy equity and advocacy in Salt Lake County, Utah.

Challenges

Despite the good of impact-based projects, they often face challenges getting off the ground due to their small size, longer time commitments, and other complexities related to bespoke projects. The revenue generated from many of these projects contributes directly to the project being built. As a result, these typically necessitate multi-year time commitments with uncertainty around how many megawatt hours (MWh) a project will generate based on panel efficiency, hours of sunlight, time to implement and more.

Another issue with impact-based projects is that the organizations that run these projects are wary of the marketing language that corporations may use. They worry that the language may become exaggerated or discuss the communities they’re helping in a way that is not true.

Okta committed to a multi-year agreement, with the comfort of increased knowledge that they would directly contribute to project viability and Solar Steward’s program costs, since it would not be implemented unless the contract commitment was a minimum of three years. In order to guarantee Okta meets their goals, 3Degrees and Solar Stewards worked together to ensure there were an added  number of RECs in case of under production. 

Solar Stewards, Okta, and 3Degrees have also formed a trusting and respectful relationship where every marketing campaign and data source is reviewed by Solar Stewards prior to publication.

How we helped

3Degrees was in a unique position to help the tailored nature of this transaction for Okta by: 

Having a large portfolio and pipeline of impact-based projects.

This reassured Okta, as they knew that they would still meet reporting requirements for their sustainability goals if they weren’t able to procure the MWh they needed from this project.

 

Turning community co-benefits into a line item on a standard energy procurement contract.

This allowed teams across Okta to merge environmental and impact priorities in one contract.

 

Acting as a backstop, working through the multiple stakeholders and handling the backend work to turn the project into a transactional deal.

This eased difficulty for Okta by having one source to go to when they had project status questions.

 

Results

Through the three-year unbundled REC agreement signed by Okta and Solar Stewards, and facilitated by 3Degrees, Okta was able to support Solar Stewards in their work to support local energy equity work in Salt Lake City.   

The specific project that Okta’s purchase helped to fund is currently underway and expected to be online by the end of 2022.

CFS and Transportation Markets Report | Q3 2023

Transportation electrification is one of the world’s fastest growing sectors, and legislation, regulation, and incentives are major drivers for market growth. Regional clean fuels standard (CFS) programs like California’s LCFS and Oregon’s Clean Fuels Standard (CFS) offer a market-based approach to incentivize and accelerate a reduction in transport emissions. With so much in flux, staying up-to-date on market trends can be difficult. That’s why 3Degrees created a quarterly newsletter to keep stakeholders involved and informed on market developments, regulation updates, and emerging news surrounding transportation decarbonization.

For must-know, low-carbon fuels information sent straight to your inbox, sign up for our quarterly transportation markets report below. 

European Renewable Markets Insight Report | 2H 2022

Renewable Energy Markets Report

In many countries across Europe, demand for power purchase agreements (PPA) has remained strong due to sustainability goals and the appearance of specific countries in the market (e.g. in Eastern and Southeastern Europe). The ambitious renewable deployment targets have driven increased PPA volumes. At the same time, uncertainty is also growing in the market, particularly with unusually high prices spurring uncertainty and mobilising governmental interventions across the region.

In the following 3Degrees’ Renewable Markets Insight report -European edition– we examine several aspects of the energy landscape in Europe with a specific focus on the economic, regulatory, and political drivers of the PPA market.

Corporate PPAs in Europe: where do we go from here? (webinar)

On April 26, 2022, two of 3Degrees experts, Tyler Espinoza, Sr. Director, Energy & Climate Practice, and Noah Bucon, Sr. Manager, Regulatory Affairs, were joined by Flemming Sørensen, Vice President, Europe, and Luis López-Polín, Sr. Manager, Business Development of LevelTen Energy. The group discussed the impact the European power crisis has had – and will continue to have – on corporate power purchase agreements (PPAs).

Catch up on on the event.

View the webinar

Low Carbon Fuel Standard program explained (video)

In this video, we unpack the role of California’s Low Carbon Fuel Standard (LCFS) and similar programs around the country. Clean fuels standards aim to decarbonize the transportation sector and remove the barrier to entry for clean transportation technologies. 

Learn how these tools can support your fleet electrification efforts.

Watch the video
 

 

Rising Sun expands its impact in climate resilience

Rising Sun Center for Opportunity is a nonprofit organization working at the intersection of economic equity and climate resilience. With offices in Oakland and Stockton, their workforce development programs specialize in preparing youth, women, people of color, and individuals in reentry for high-road careers and green pathways that offer family-sustaining wages across the greater Bay Area.

3Degrees is a global climate solutions provider that seeks to accelerate a clean energy transition in a manner that builds the economic and political power of historically disadvantaged communities, such as low-income communities and people of color, who are disproportionately impacted by the climate crisis. Because of Rising Sun’s leadership on many climate and DEI-related initiatives, 3Degrees identified Rising Sun as a partner and offered the non-profit, pro-bono climate consulting services. The 3Degrees and Rising Sun teams identified the following priorities to build on Rising Sun’s existing services and expand its impact:

  • Explore ways to bring climate resilience into existing resident-facing programs
  • Investigate opportunities for potential development of a resilience hub 
  • Offer support for a greenhouse gas (GHG) inventory so Rising Sun could understand its own carbon footprint

Challenges

3Degrees is quickly growing its knowledge on the subject of climate resilience, and is aware that it’s critical to create ample opportunities to listen to many different voices in the community. As the team dove into the project, it learned that there are a variety of approaches – or frameworks – to structuring resiliency programs. Since a core principle of effective resilience planning is recognizing community members as leaders and experts in their own resilience needs, community engagement was critical before any final recommendations on the frameworks could be presented. To honor this principle and ensure 3Degrees delivered recommendations that would resonate with directly impacted individuals, it held a series of conversations with the Rising Sun team members, who work closely with community members in Oakland and Stockton, as well as other subject matter experts working on community resilience on the ground.

How we helped

Objective: Climate Resilience

3Degrees kicked off the engagement by exploring how Rising Sun’s successful community-based Climate Careers program that educates households on energy efficiency could be expanded to build resilience in the communities where Rising Sun works. The first step was to facilitate discussions with Rising Sun team members to define what they meant by resilience. Collectively, the group landed on “the ability to withstand, recover, and build back better from shocks, such as impacts of climate change.” 

Next, based on this definition of resiliency, 3Degrees conducted an analysis on how Rising Sun could make this resilience a reality in their community. The teams looked at which climate impacts are expected to pose the most severe threat to the well-being of individuals in the communities where Rising Sun works in the coming few decades. The group then held a brainstorming session and workshop to leverage the Rising Sun team’s knowledge of the priorities and needs of these communities. Simultaneously, 3Degrees conducted expert interviews with people working in the area of climate resilience. The whole process culminated with Rising Sun’s decision to focus on providing intervention bundles for the threats of extreme heat and air pollution as its first resident resilience program. The recommended interventions for household visits included data gathering on vulnerable individuals, which could be leveraged to support government programs in the future, as well as educational components like how to check air quality and what to do on a poor air quality day.

Objective: Resilience Hubs

To support another phase of the project, 3Degrees worked to assess opportunities to develop a resilience hub in Stockton, where Rising Sun already has a small office. Once again, the team began by facilitating alignment on a shared definition for a resilience hub: a community center that serves many functions to everyone in the community, including under normal, disruptive (i.e. a significant weather event), and recovery conditions. 

Next, 3Degrees conducted research and community interviews in Stockton, which informed the development of a roadmap with high-level phasing on how Rising Sun could make its resilience hub vision a reality. The roadmap included a library of resources that Rising Sun could utilize, including a climate assessment of the region, a list of potential community partners, and various funding opportunities.

Objective: GHG Inventory

The third component of 3Degrees’ work with Rising Sun was an inventory of the non-profit’s GHG emissions footprint, since Rising Sun wanted to lead by example and implement sustainability improvements for its own organization. Throughout this work, 3Degrees engaged the Rising Sun staff to ensure they understood the GHG inventory process and could take actionable next steps using the data. At the conclusion of the project, Rising Sun had established an emissions baseline, made initial progress toward reductions, and learned how to replicate the GHG inventory in future years.

Results

Rising Sun received specific support for each of the three priorities it outlined at the beginning of the project: 

  • Actionable recommendations for new programs that include climate resilience for extreme heat and air pollution, so the organization can help prepare the communities where it works to withstand and recover from extreme climate impacts; 
  • A roadmap tool and set of resources that Rising Sun can use to establish a well-funded climate resilience hub in an area of need, including programming and services provided by the community and for the community;
  • The organization’s first GHG inventory and an understanding of how to repeat the process in future years, enabling Rising Sun to continue making progress toward its sustainability goals year over year.