Canadian Electrical Wholesaler

Phillips Emissions

Jan 04 2016

Philips aims to use 100% renewable energy for its North American operations by the end of 2016, a major step toward its 2020 carbon neutrality ambitions announced last week at COP21. The 2016 goal would reduce its carbon footprint by 125,000 metric tons yearly, the equivalent of CO2 produced by over 26,000 cars in one year.

Working with EDP Renewables North America, Philips will purchase 250,000 MWh of electricity per year over the next 15 years from the Hidalgo Wind Farm in McCook, Texas, an amount equivalent to the power used at the company’s 133 sites, which support 21,000 employees in the market. 

“At Philips, our goal is simple – to positively impact people’s health and well- being, while minimizing our impact on the environment. This not only means making our products more ecologically efficient, it also requires that we reduce the environmental impact of our operations,” says Brent Shafer, CEO of Philips North America. “By offsetting our North American operations with renewable energy, we will reduce the Philips global carbon footprint by 8.6%, support the local economy, and positively impact our bottom line, demonstrating the private sector can benefit from and help drive clean energy.”

Globally, Philips is a member of the RE100, a collaborative initiative of influential businesses committed to 100% renewable electricity. From 2008 to 2014, Philips increased its use of renewable energy from 8% to 55%.

Headquartered in the Netherlands, Philips employs 106,000 employees with sales and services in more than 100 countries.

 

 

Wholesale SalesWholesale sales rose 0.6% to $64.1 billion in June, partly offsetting the 1.9% decline in May. Sales were up in four of seven subsectors, representing 54% of total wholesale sales.

In dollar terms, two subsectors — miscellaneous, and machinery, equipment and supplies — contributed the most to the increase in June, while the motor vehicle and motor vehicle parts and accessories subsector posted the largest decline.

 

 

 

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Investment In Building ConstructionTotal investment in building construction decreased 0.9% in June to $15.1 billion, the first decline in eight months. A slight increase in non-residential investment (+1.0% to $4.8 billion) was offset by a decrease in the residential sector (-1.8% to $10.3 billion). On a constant dollar basis (2012=100), investment in building construction decreased 1.1% to $12.7 billion. Despite the monthly decrease, total investment grew 1.6% year over year in the second quarter.

 

 

 

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Lori BagazzoliBy Blake Marchand

Lori Bagazzoli, Regional Sales Manager for Viscor, is a 20-year industry veteran that has built an interesting career from the bottom up. Beginning as a 19-year old just out of college in customer service with EXM, she gained an intimate knowledge of the electrical and lighting supply business by working her way through various organizational levels.

“I was definitely able to learn the different roles, and understand all the different aspects of the business,” she said, “starting so young, I really had to put in my time to be able to move up.”

 

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Louis BeaulieuBy Line Goyette

Neither a Millennial nor a Baby Boomer, Louis Beaulieu embraces new technologies and new markets, but remains faithful to family traditions. He holds a bachelor’s degree in finance and a master’s degree in management from Laval University and is the General Manager of Ouellet Canada. A perfect profile for a career in the family business.

When I ask him if, as is often the case in a family business, he had always known that he was going to join the company, he replied, “Not at all. When I was young, I spent my school holidays at my older brother’s farm at Ile d’Orléans.

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