BOSTON, Sept. 16, 2010 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy management applications and services, today announced that it has joined leading companies worldwide by becoming a signatory in the Carbon Disclosure Project (CDP). The CDP is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world.
"Thousands of organizations from across the world's major economies measure and disclose their GHG emissions and climate change strategies through CDP. EnerNOC is proud to join these ranks of companies that understand that a commitment to sustainability is imperative to the overall strength of our economy," said Tim Healy, EnerNOC's chairman and CEO.
To facilitate the rapid collection of GHG emissions data required for reporting to the CDP, EnerNOC leveraged its own carbon management application, CarbonSMART™. CarbonSMART is a Software-as-a-Service (SaaS) carbon management and accounting application designed to help organizations measure, manage, and report GHG emissions.
Unlike managing the reporting process through multiple spreadsheets, CarbonSMART's SaaS-based approach centralizes data collection across any number of facilities and geographies and provides a secure, auditable process and database that enables customers to prioritize carbon mitigation strategies. For multi-application customers, EnerNOC further accelerates reporting by transferring energy usage data collected by its other energy management applications into CarbonSMART.
"By providing a simple-to-use software application to streamline GHG reporting, we not only make it easier for companies to report to the CDP, but also give them access to valuable information that they can parlay into significant energy savings," said David Brewster, EnerNOC's President. "At EnerNOC, we're experiencing firsthand the power of CarbonSMART by using the data to implement efficiency measures that ultimately have a positive impact on our bottom line and to streamline our corporate travel policies."
For more information about how CarbonSMART can help organizations turn carbon data into savings, or to learn how to take energy efficiency to the next level through EnerNOC's data-driven energy management applications, please visit .
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management applications including DemandSMART™, comprehensive demand response; SiteSMART™, data-driven energy efficiency; SupplySMART™, energy price and risk management; and CarbonSMART™, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution. For more information, visit .
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Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's energy management applications and services, including its CarbonSMART application, and the ability of EnerNOC's customers to utilize CarbonSMART to realize savings, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, EnerNOC's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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