IBM honored for green initiative
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- July
- 18
IBM Corp.’s Project Big Green is getting some kudos from the Progressive Investor newsletter, which included the Armonk-based computer giant in a ranking of 20 public companies that are making environmentally friendly moves.
IBM was cited for work to “green” its own and its customers’ data centers, which use 100 times as much energy as the average office building.
Data centers are hubs where massive banks of computers do such tasks as processing bank transactions, streaming video and serving Web pages.
IBM is designing technologies to cut energy use in half by 2010, while increasing computer capacity by a factor of 10.
A year ago, IBM promised to spend $1 billion a year for three years to support Project Big Green. Since then, the company has built more than 40 green data centers around the world.
The 2008 Sustainable Business 20 List: The World’s Top Sustainable Stocks was put out by SustainableBusiness.com, which tracks and analyzes sustainable stocks.
Rona Fried, the chief executive of SustainableBusiness.com and editor of Progressive Investor, said the goal for the list is to showcase public companies that are making progress greening their own operations or developing a business based on green technology.
This entry was posted
on Friday, July 18th, 2008 at 5:28 am by Julie Moran Alterio.
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