Amplify Your Company’s Impact with Seneca RECs
With renewable energy certificates from Seneca Environmental, your company can address emissions authentically while supporting a tribally owned business and a Native Nation.
Many of today’s businesses are setting goals to power their operations with clean energy, which lowers their energy costs and their direct emissions from owned or controlled sources, known as Scope 1 emissions. Goals often also include Scope 2 emissions: indirect emissions from the generation of purchased energy. Increasingly, companies are seeking to address Scope 3 emissions — indirect emissions from their value chains — and they may also have diverse supplier goals.
Your company has a number of options for meeting these goals. However, some approaches may be simpler to implement than others, as well as more comprehensive.
For example, installing solar panels on company property can be a great choice for achieving your company’s clean energy goals. But you may be prevented from going solar by local regulations, or your facilities may not have enough space for solar to meet 100% of your energy demand. As demand grows with increased electrification and AI use, your facility’s energy consumption may outgrow your onsite production capacity.
Renewable energy certificates
When installing an adequate onsite solar energy system is not feasible, it’s common for corporations to source clean energy from renewable energy certificates (RECs).
RECs are contractual instruments used to track renewable energy production and consumption. For every megawatt-hour (MWh) of renewable electricity generated and sold to the wholesale market, an associated REC is created. Each REC serves as proof that 1 MWh of renewable energy has been produced and will be supplied to a region’s power grid.
Companies have been procuring RECs for years, because they provide a straightforward and effective way to power your operations with clean energy. In 2022, over 300,000 U.S. companies bought RECs on the voluntary market — the market segment not driven by mandates to purchase renewable energy.
But recently, RECs have come under scrutiny, because they don’t always directly support building new renewable energy projects. Ideal RECs provide additionality, meaning their purchase is a critical part of the funding for a new renewable energy project. However, those RECs can be hard to find, so it can be hard to determine the real impact of the RECs you buy.
How Seneca RECs are different
RECs purchased from Seneca Environmental can help companies achieve their Scope 2 and Scope 3 goals, and they offer the added bonus of amplifying your impact beyond climate benefits to include tribal benefits and diverse supplier benefits. The impact is clear, because Seneca Environmental is wholly owned by the Seneca Nation — a Native Nation with a legacy of environmental stewardship, resilience, and leadership.
Supporting a tribally owned company and a Native Nation
When you purchase RECs from Seneca Environmental, you’re directly supporting a tribally owned business and the Seneca Nation.
Because Native Nations generally do not collect taxes from their members, they have to find other ways to fund services for their members. The Seneca Nation has established a portfolio of profitable businesses that delivers long-term, sustained income and economic self-sufficiency to the Nation. These businesses, including Seneca Environmental, are the main sources of revenue to the Nation’s government and its over 8,500 enrolled members. Profits from Seneca Environmental help the Nation support cultural programs and ensure the health, safety, infrastructure needs, and education of Seneca members.
RECs purchased from Seneca Environmental support basic needs for the Nation as well as programs like these:
- Seneca language preservation. The Seneca Nation is keeping their language alive through an adult immersion program and an immersion school for children, which is helping raise a new generation of fluent Seneca language speakers.
- Professional development. In addition to professional development opportunities for Seneca high school and college students, Seneca Environmental trains and employs Seneca members.
- High-speed internet. Seneca Energy, the Tribal Utility of the Seneca Nation, brought high-speed internet to a previously underserved segment of the Seneca population and is now consulting with other Native Nations who seek to replicate this model.
- Annual powwow. This signature annual event held on the Nation’s Allegany Territory, honoring Native American veterans, welcomes the Seneca people, friends, and neighbors.
Higher-impact Seneca RECs
All Seneca Environmental RECs come with the added impact of doing business with a tribally owned company and supporting a Native Nation.
In addition to the inherent social benefits of working with a Native Nation, Seneca Environmental also offers companies access to high-impact RECs. Some of these higher-impact RECs are from projects in regions of high carbon intensity on the grid, where REC sales can spur development of decarbonized energy resources in the area. Others come with project enhancements that provide Earth-healing benefits beyond the megawatt-hours, which we call +1 Project Enhancements (or +1s). These +1s can include workforce training, protecting and nurturing biodiversity and soil health, and combining solar arrays with agriculture.
Our recent RECs sale to global technology company Pinterest is an example of such an offering. As part of the transaction, Pinterest procured high-impact RECs tied to a project supporting the local ecosystem in a region currently dominated by monoculture agriculture. The project includes low-mow native plants and pollinator-friendly practices that support pollinating insects.
Supporting Native Nations with RECs that provide additionality
By doing business with us, you will go beyond directly supporting the Seneca Nation; you will also pave the way for other Native Nations to participate in energy markets.
Seneca Environmental’s goal is to grow the volume of RECs across the U.S. sourced directly from tribal renewable energy projects. These projects can be sited on Native lands or elsewhere, provided they are owned by tribes and Native Nations.
Because of the complexities of developing tribal renewable energy projects, which includes obtaining funding, adding RECs to the total value of a new tribally owned project proposed for development will be crucial for making such a project possible. In connecting large energy buyers with tribal communities, we can ensure that these projects move forward. That means we can provide authentic additionality for corporations engaging in long-term energy procurement contracts with tribes.
For tribal energy projects, corporate procurement of tribal RECs will lead to higher value, engagement, and visibility. For corporations, tribal RECs will provide increased impact by supporting Native communities’ full participation in the energy transition. By engaging in this previously underexplored area of collaboration, companies can enjoy a meaningful way to support energy independence and self-determination for Native communities across the U.S.