News Type: Press Release

For fourth year, 3Degrees is named Best Trading Company by Environmental Finance

3Degrees was recently named the 2017 Best Trading Company in Renewable Energy Certificates (REC) – North America for the 4th year in a row by Environmental Finance magazine. These awards honor the expertise and ingenuity of the leading brokers, traders and intermediaries in environmental markets worldwide and are based on a survey of customers and peers.

“It is an honor to be recognized once again by our partners, customers and peers and a testament to the hard work, integrity and creativity of our entire team,” says Scott Eidson, vice president of environmental markets. “Our work – and the work of everyone in our industry – is key to continuing to our ongoing fight against climate change.”

3Degrees offers products and services across the globe and it is our extensive industry knowledge and focus on high-touch customer service that keeps hundreds of energy suppliers and buyers returning to 3Degrees each year. “In today’s volatile markets, our steadfast focus on building strong relationships that create value has served our partners extremely well,” says Eidson.

3Degrees recently celebrated our 10 year anniversary and has transacted more than 130 million megawatt-hours of renewable energy. Overall, this is the sixth time 3Degrees has earned a top designation by Environmental Finance readers in this category.

3Degrees Announces Restructuring of its Energy and Climate Practice, Welcomes New Leadership Members

3Degrees Energy and Climate Practice

Advisory Practice Enhances Full Suite of Global Solutions to Support Net Zero Goals

3Degrees, a firm that helps organizations around the world achieve renewable energy and decarbonization goals, today announced that it is restructuring its Energy and Climate Practice into two teams, Climate Strategy and Power Markets, and adding several new leadership roles. 

The move comes at a time when the company is experiencing a record number of requests to assist organizations around the world with their net zero commitments, and is designed to ensure the Energy and Climate Practice is increasingly well positioned to offer a full suite of global solutions tailored to every stage along each organization’s decarbonization journey — whether that customer is just getting started and needs assistance setting climate goals, has purchased global EACs to address its Scope 2 emissions and is now ready to enter into a power purchase agreement (PPA), or is interested in developing a new carbon project as part of its Scope 3 emissions reduction strategy. 

Climate Strategy Team

Sak NayagamSak Nayagam has joined 3Degrees as Senior Director in the Energy and Climate Practice and will head up the Climate Strategy team. In this role, Sak leads a group of seasoned advisors who help organizations set and meet their global climate goals, including net zero, carbon neutrality, and science-based targets. Prior to his arrival at 3Degrees, Sak most recently held senior positions in energy technology with Baker Hughes, where he was the Global Marketing Director for a digital technology joint venture together with He has also worked as a Consulting Partner with EY in Southeast Asia, and was Head of Climate Change for Accenture across Europe, Africa, and Latin America. Sak is based in London, England, and will play a key role in supporting 3Degrees’ European clientele. 

Katherine CanoyTo further enhance the Climate Strategy team’s capabilities, Katherine Canoy is joining 3Degrees as a Director in the Energy and Climate Practice. Katherine has significant experience in the energy, sustainability, and climate industries, including more than a decade with the Walmart energy division. While at Walmart, Katherine led teams of internal and external stakeholders to manage greenhouse gas reduction projects as part of the company’s goal to reduce supply chain greenhouse gas emissions by 20 million metric tons (a precursor to its well-known Project Gigaton), awarded 420 MW of renewable energy contracts, and managed a portfolio of 154 MW of installed onsite solar. Most recently, Katherine was at C2 Energy Capital, a distributed generation solar developer and investor.

Together with Kelly Rytel, a Director in the Energy and Climate Practice, and the rest of the Climate Strategy team, Sak and Katherine will help expand 3Degrees’ global consulting capabilities, providing support for customers who range from the early to more mature stages of the net zero journey, with services that include:

  • Goal setting, pathway development, and implementation around net zero, carbon neutrality, and science-based targets
  • Renewable energy options assessments
  • Scope 1 and 3 emissions reduction strategies and solutions, including carbon and supply chain engagement initiatives 
  • Carbon strategy, origination, and procurement
  • Fleet decarbonization, electrification, and transportation strategy
  • Innovative global projects in renewables and carbon


Power Markets Team

Tyler EspinozaThe Power Markets side of the practice will be led by 3Degrees veteran Tyler Espinoza, Senior Director in the Energy and Climate Practice. During his tenure with the company, Tyler has enabled over 2,400 MW of renewable energy through his work on power purchase agreements (PPAs), retail electricity supply, utility green tariffs, and onsite solar and storage solutions for 3Degrees’ customers worldwide. Tyler and Lauren Tatsuno, a Director in the Energy and Climate Practice, will lead the evolution of the Power Markets team as it expands its capabilities to offer tailored renewable energy solutions to meet customers’ global climate goals, including: 

  • Corporate PPA procurement 
  • Renewable retail electricity supply procurement
  • Renewable energy aggregations
  • Utility green tariff program evaluation and design
  • Onsite solar and energy storage

“We are thrilled to welcome Sak and Katherine, congratulate Tyler, and announce these exciting changes to support the continued evolution of our Energy and Climate Practice,” said Rebecca Sternberg, VP, Energy and Climate Practice at 3Degrees. “With the addition of these new leadership roles, 3Degrees’ ability to meet the needs of our growing global customer base is stronger than ever. Our team’s collective expertise is a huge asset as we deliver on customers’ increased demand for comprehensive, tailored solutions across Scope 1, 2, and 3 emissions.” 

Check out the following resources to learn more about the Pathways to Net Zero Emissions, and how 3Degrees has assisted leading companies with their global renewable energy strategy, PPA, and renewable energy aggregation needs.  Subscribe to our monthly newsletter to keep up to date on the latest news and industry insights from 3Degrees, or follow us on LinkedIn