3Degrees named Best Trading Company by Environmental Finance Readers

Press Release | December 17, 2015

First class customer service and strong industry relationships pave way for 3Degrees to stay at the top 

San Francisco, CA – December 17, 2015  -- 3Degrees announced today that it has been named the 2015 Best Trader for North American RECs by Environmental Finance Magazine.  The designation is based on reader assessment through the largest and most closely watched survey of the world’s environmental markets. 

3Degrees is known for managing a diverse portfolio of renewable energy certificates (REC). “Having a range of REC options means 3Degrees clients can support the type of clean energy that is most relevant to their business and geographic location,” says Scott Eidson, 3Degrees’ Head of Origination and Trading. 

The company has a long history of working with developers from project conception through contractual purchases of RECs and power. In 2014 alone 3Degrees took receipt of more than 11.5 million megawatt-hours from over 350 different renewable energy facilities. 47 percent of those were sourced from facilities that came on line in 2010 or more recently. The purchases were made under 255 distinct contracts. “Strong relationships with project developers and brokers are what help 3Degrees stand apart in the industry -- and meet our mission to connect people with cleaner energy on a massive scale,” says Eidson. 

This is the fourth time 3Degrees has earned a top designation by Environmental Finance readers in this category. The company was also named EPA...

3Degrees honored as Bay Area Best and Brightest Company

Press Release | November 12, 2015

Progressive policies and creative businesses practices earn recognition, keep and attract employees 

San Francisco, CA – November 12, 2015  – 3Degrees announced today that it has been named a 2015 San Francisco Bay Area Best and Brightest Company. The designation is based on employee assessment of corporate culture, available benefits and opportunity for professional growth. 

At 3Degrees, the executive  leadership looks to develop policies and programs that keep staff interested and invested in the company. The company gives more than 75 percent of its employees stock options, offers ‘socially and environmentally focused’ 401(k) investments and covers time off for volunteering. 

In 2012 3Degrees became a BCorp, an alternative structure of incorporation that allows businesses to factor in the ‘benefit of all,’ not just shareholder goals, when defining success. That means community, suppliers, consumers, environment and of course employee well-being are all considered when setting practices and policy. Find out more about the BCorp approach and read the 3Degrees Annual Reports here. “3Degrees is only as good as our employees,” said CEO Steve McDougal. “BCorp status is one way we stand apart as a business and an employer,” continued Steve.

This is the second year in a row 3Degrees has earned Bay Area Best and Brightest Company in San Francisco. 

 

About 3Degrees

...

3Degrees Receives EPA Green Power Leadership Award

Press Release | October 19, 2015

8th win recognizes Leadership in Community Solar, Renewable Energy Procurement

San Francisco, CA – October 19, 2015  -- 3Degrees announced today that it has received a 2015 Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA).  This award recognizes the country’s leading green power suppliers for their commitment to advancing the nation’s voluntary green power market. 

“We are proud to receive this prestigious award for the eighth time,” said Steve McDougal, 3Degrees CEO. “Our staff is committed to connecting people with cleaner energy on a massive scale, and it is an honor to be recognized for this work.”

In the past year, 3Degrees has focused on expanding renewable energy in the U.S. through three key initiatives:

  • Community Solar: 3Degrees is the industry leader on implementing voluntary community solar programs and is currently working with two major IOUs to launch their programs
  • Power Purchase Agreements: With more companies looking for an ownership stake in their renewable energy purchases, we are advising Fortune 500 clients on opportunities around renewable energy procurement
  • New projects: Over the past several years, 3Degrees has been instrumental in bringing new renewable energy projects online, working with suppliers and clients to create projects that are cost-effective and meet client needs

“EPA is pleased to recognize 3Degrees with a Green Power Supplier of the Year Award for its leadership in expanding the nation’s renewable energy industry,” said EPA Administrator Gina McCarthy. “Through its development of new renewable energy capacity, 3Degrees is helping to address climate change and put our country on a path to a future powered by renewable resources.”...