Ampion Partners with The Wendy’s Company and its Franchisees to Source Renewable Energy, Reduce Carbon Emissions
- Over 130 Wendy’s Company and franchise locations are enrolled in community solar and Renewable Energy Certificates (RECs) with Ampion.
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The partnership brings more than 27 million kWh of renewable energy to local grids in
New York ,Illinois , andMassachusetts . -
Through Ampion+, Wendy’s will access Renewable Energy Certificates (RECs) that are
Green-e® Energy
certified to meet the most stringent environmental and consumer protection standards in
North America .
The enrolled restaurants will source between 30% and 100% of their energy from solar without the need to install solar panels onsite. Wendy’s plans to increase the number of restaurants enrolled in community solar through Ampion as additional solar generation capacity comes online and more franchise restaurants enroll in the program. Participation in such community solar projects helps generate and supply renewable electricity to local utility grids, reducing reliance on fossil fuels.
“We are excited about the opportunity this partnership provides our Company and franchise restaurant operators by making it easier and more accessible to source clean energy while ultimately realizing cost savings,” said
Last year, Wendy’s set near-term science-based targets to reduce absolute Scope 1 and 2 emissions by 47%, and Scope 3 emissions from franchisees by 47% per restaurant by 2030, both from a 2019 baseline. Sourcing renewable energy is a key focus area for Wendy’s in achieving these emissions reduction goals.
Through Ampion, Wendy’s locations have enrolled approximately 27.5 million kilowatt hours (kWh) in community solar. This is equivalent to CO2 emissions from the electricity used by over 2,200 homes for one year. Each kilowatt hour will be accounted for, tracked, and assigned ownership to a specific restaurant location via RECs through the Ampion+ product.
"As the need for reducing carbon emissions grows, community solar combined with RECs provides a solution for environmental sustainability in the corporate sector that is both achievable and affordable, while enabling companies to quantify and disclose their progress in a standardized manner," said
A REC represents the environmental benefits associated with one megawatt hour (MWh) of renewable energy matched with electricity usage. Corporations buy RECs to claim responsibility for the clean energy generated and the corresponding environmental benefits in their ESG reports. However, purchasing and budgeting for RECs can pose challenges for most companies.
“Accounting and organizational constraints often prohibit enterprises from buying RECs needed to attain their ESG goals,” said Vihann Kong, Senior Executive Director at Ampion. “Our innovative Ampion+ product addresses these roadblocks by combining community solar and RECs in one transaction. We’re proud to help The Wendy’s Company and franchisees lower their carbon emissions while saving on their bottom line.”
This partnership comes as community solar is continuing to trend upward. A recent report from
About Ampion:
Ampion is a public benefit corporation that provides community solar and other sustainability solutions to energy consumers of all sizes, working in tandem with the country's largest clean energy asset owners and developers. Ampion offers enterprise companies a one stop shop to improve their sustainability with community solar. By connecting residents and businesses to local solar farms, Ampion boosts sustainability in communities and supports local economies. Ampion+ is a Renewable Energy Certificate (REC) product and does not contain electricity.
Learn more at ampion.net.
About Wendy's:
Wendy's was founded in 1969 by
Visit www.wendys.com and www.squaredealblog.com for more information and connect with us on X and Instagram using @wendys, and on Facebook at www.facebook.com/wendys.
*Fresh beef available in the contiguous
About Green-e®:
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Source: Ampion