Improving energy efficiency seemed a daunting task for the University of Wisconsin-Milwaukee. The 26,000-student university, a major research center, encompasses 6 campuses and a wide assortment of buildings, some of them dating back to the 19th century. UMW lacked the in-house resources or expertise to create a comprehensive energy-efficiency plan across such a broad range of facilities. So the university turned to performance contracting to hire a consultant.
With a performance contract, there’s no up-front cost. The contractor gets paid by money saved as a result of its recommendations. Honeywell International conducted a building-by-building audit, then suggested changes that it said would reduce energy consumption by 25% per gross square foot across more than 4 million square feet of campus buildings.
The university and Honeywell beat their goal, achieving a 27% reduction. So the contractor got paid, the university saved (and continues to save) millions of dollars in energy costs, and the school reduced its direct greenhouse gas emissions by a yearly average of nearly 12%. Everybody won. And keeps winning. Including the planet.
Cloverly buys offsets that meet accepted standards for being real, measurable, verifiable, permanent, and additional. "Additional" means that the carbon savings would not have happened without the offset project and that the project would not have happened unless it got certified to sell carbon offsets. Verra oversees verification of the University of Wisconsin project. You can find verification documents at https://registry.verra.org/app/projectDetail/VCS/1675.
Projects can produce many offsets during a year. So a project may appear more than once in the Cloverly portfolio. You can tell the year of the offset by the date in the web address for each project: "[number]-months-starting-[month]-[year]." For a list of all the projects in our portfolio and an interactive map, see https://dashboard.cloverly.com/offsets. Learn more about Cloverly at https://cloverly.com.