Our Impact

At Albireo Energy, we continue to challenge ourselves to think differently and continuously incorporate sustainability principles into the way we operate, serve and engage.

Headshot of Larry the CEO
“At Albireo Energy, we help building owners and their teams make their mission critical buildings work more efficiently, productively and in line with their sustainability goals.
Larry G. Wash, CEO at Albireo Energy

4 Focus Areas

In 2023, we continued to execute boldly on our ESG strategy, ensuring that the steps we take propel our business stategy and make our company stronger. Our strategy is centered on four pillars:

  1. Expanding access to sustainability technology and service solutions.
  2. Reducing environmental impact of our operating footprint
  3. Developing and engaging a diverse and inclusive workplace.
  4. Operating with strong governance and highest standards of ethics and values.

Expanding access to sustainability technology and service solutions.

The Albireo Energy Sustainability Solutions Portfolio includes products and services that directly reduce energy consumption by improving building efficiencies and energy monitoring as well as renewable energy.
List of Albireo Energy services

Reducing environmental impact of our operating footprint.

While our own environmental footprint is relatively small, we are committed to reducing the impact.

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Operating Baseline

We are using Albireo Energy’s Utility Module to collect data on our energy consumption and associated greenhouse gas emissions (GHG).

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Service Fleet

We are committed to converting at least 75% of our fleet to hybrid vehicles by 2030.

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Remote Service

We continue to grow our remote services, offering customers in some key markets, New York, Delaware, and Seattle.

Developing and engaging a diverse and inclusive worforce.

Our work requires building performance expertise and creating an environment where people care. We believe in the work we do and in the safety, engagement, and development of others.
Leadership effectiveness, talent acquisition, talent development, crucial capabilities, total rewards, culture and engagement.

Operating with strong governance and highest standards of ethics and values.

Operating with the highest level of integrity is a core value for Albireo Energy. Operating ethically and leading with integrity is essential to earning and maintaining the trust of our employees, customers, suppliers, and the communities in which we work.
Standard tools & tech stack & best practices, standard process & risk management, resource management, leader standard work, measurement & continuous improvement

Environmental

While our own environmental footprint is relatively small, we are committed to continuously reducing the impact of our operations. Our customer base requires solutions for building and maintaining high performance buildings, and we believe that minimizing our own impact is core to operating as a responsible company.
We are committed to converting at least 75% of our fleet to hybrid vehicles by 2030.

Highlights from our 2023 ESG Report:

  • The Sustainability Solutions Portfolio represented 75% of Albireo Energy’s total gross revenue in 2023.
  • Delivered ~2,000 projects, each incorporating one or more of these services.
  • Achieved over $14M in energy cost-savings for customers based on 2023 regional electricity and natural gas costs.
  • Reduced energy usage by 60,000 MWh of electricity and 830,000 therms of natural gas.
  • Avoided an estimated 25,000 MTCO2e of GHG emissions through energy reductions for clients.

Social

At Albireo Energy, we take pride in the work we do and in the safety, engagement and development of others. We approach employee recruitment, development and engagement with this in mind. We listen to feedback, analyze the results and use data to drive improvements.

We are committed to converting at least 75% of our fleet to hybrid vehicles by 2030.

Highlights from our 2023 ESG Report:

  • Achieved Certifed™ by Great Place to Work® for the sixth year in a row.
  • Awarded 207 employees with Shining Star recognitions for their exceptional customer contributions.
  • Received 17 master and platinum awards from our suppliers in recognition of expertise in building automation and power management.
  • Filled 50% of leadership roles through internal promotions, and 18% were women.

Governance

Operating with the highest level of integrity is a core value for Albireo Energy. Operating ethically and leading with integrity is essential to earning and maintaining the trust of our employees, customers, suppliers, and the communities in which we work.

We are committed to converting at least 75% of our fleet to hybrid vehicles by 2030.

Highlights from our 2023 ESG Report:

  • Enrolled all employees in ongoing security awareness training from KnowBe4.
  • Identified zero known data breaches in 2023.
  • Achieved cybersecurity compliance with NIST 800-171/CMMC Level 1.
  • Matured our One Albireo Energy Business Operating System, an ever-evolving framework that ensures alignment and consistency across all functions and our field organization.
  • Instituted a Supply Chain Risk Management program including screening, diligence, and monitoring of our top 15 suppliers.
Half circle design

Our 2023 ESG Report reflects our commitment to building a sustainable business for all of our stakeholders and we are grateful to our employees for their unwavering dedication. We recognize that ESG is a continuous journey, making our business stronger and more resilient.

Perri Richman, Chief Marketing and Sustainability Officer

Explore Albireo Energy’s ESG Journey

We invite you to read our previous ESG reports and see how our commitment to sustainability has evolved over the past three years. Our goal is to be transparent about our progress, share our successes and challenges, and continue to improve our ESG performance.

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Turn Energy Usage and Building Data into Actionable Items