Ameresco Honored as Gold Stevie® Award Winner in 2024 American Business Awards® for Company of the Year – Energy

Rhea-AI Summary

Ameresco (NYSE: AMRC), a leader in cleantech energy solutions, has won a Gold Stevie® Award for Company of the Year – Energy in the 2024 American Business Awards®. The company, founded in 2000, stood out for its efforts in energy efficiency and renewable energy projects, involving governmental bodies, utilities, healthcare, and educational institutions. Ameresco aims to achieve net zero scope 1 and 2 emissions by 2040 and reduce customers' carbon footprints by 500 million metric tons by 2050. The award recognizes the company's innovation, integrity, effectiveness, creativity, and growth, alongside its expansive project portfolio and sustainability initiatives.

Positive

• Ameresco won the Gold Stevie® Award for Company of the Year – Energy in the 2024 American Business Awards®.
• The company has been driving clean and renewable energy projects since its founding in 2000.
• Ameresco aims to achieve net zero scope 1 and 2 emissions from operations by 2040.
• The company plans to reduce customers' carbon footprints by 500 million metric tons by 2050.
• Ameresco was recognized for its innovation, integrity, effectiveness, creativity, and growth.
• The company's comprehensive project portfolio includes notable initiatives like the Kūpono Solar project in O’ahu, Hawaii.
• Ameresco's sustainability efforts involve integrating battery energy storage systems with solar arrays and converting landfill gas into renewable natural gas.

Negative

• No immediate financial metrics or revenue figures were disclosed in the press release.
• The PR did not provide specific details on the financial impact of the award on Ameresco's stock performance.
• Potential risks include the ambitious long-term goals of achieving net zero emissions and significantly reducing carbon footprints, which may be challenging and costly.

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, was today named the winner of a Gold Stevie® Award in the Company of the Year – Energy category in The 22nd Annual American Business Awards®. The American Business Awards are the U.S.A.’s premier business awards program. More than 300 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

Since its founding in 2000, Ameresco has led a dedicated effort to drive the clean and renewable energy transition through energy-saving, environmentally responsible projects with federal, state and local governments, utilities, and healthcare and educational institutions. Encapsulating this mission and commitment to promoting sustainable practices in its own operations, Ameresco’s integrated efforts to create a greener, more equitable future through sustainability, charitable, and social responsibility initiatives, helped the team to win the Company of the Year award.

“We're honored to be recognized as the top energy company of the year and remain steadfast in our mission to lead the charge towards a greener, more equitable world,” said George Sakellaris, President and CEO of Ameresco. “Our team is relentlessly pursuing our vision of a cleaner, more sustainable future through innovative energy solutions, and it is wonderful to see every employee's best efforts and hard work get the recognition deserved. I am incredibly proud of this extraordinary team.”

Ameresco’s nomination for Company of the Year – Energy underwent a comprehensive judging process assessed for claims to innovation, integrity, effectiveness, creativity, and growth. According to judges’ feedback, standout characteristics of Ameresco’s profile include the company’s objectives to achieve net zero scope 1 and 2 emissions from operations by 2040 and reduce customers’ carbon footprints by a cumulative 500 million metric tons by 2050, as well as the company’s commitment to ensuring workplace safety, promoting employee involvement, fostering diversity, and actively participating in community service, all of which are detailed in Ameresco’s newly released 2023 Impact Report “Doing Well, By Doing Good: People, Planet And Policy.”

In addition, Ameresco’s expansive project portfolio, from the Kūpono Solar project in O’ahu, Hawaii to versatile ventures like the McCarty Road Landfill in Houston, Texas, were highlighted as markers of Ameresco's commitment to advancing renewable energy and reducing carbon emissions on a significant scale using innovative approaches to sustainability such as integrating battery energy storage systems with solar arrays and transforming landfill gas into renewable natural gas.

To learn more about Ameresco and its award-winning team and projects, visit www.ameresco.com.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes solutions that help customers reduce costs, decarbonize to net zero, and build energy resiliency while leveraging smart, connected technologies. From implementing energy efficiency and infrastructure upgrades to developing, constructing, and operating distributed energy resources – we are a trusted sustainability partner. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, utilities, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.

About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240606668384/en/

Media Contact:

Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com

Source: Ameresco, Inc.

FAQ

What award did Ameresco win in 2024?

Ameresco won the Gold Stevie® Award for Company of the Year – Energy in the 2024 American Business Awards®.

What is Ameresco's stock symbol?

Ameresco's stock symbol is AMRC.

What are Ameresco's emission reduction goals?

Ameresco aims to achieve net zero scope 1 and 2 emissions by 2040 and reduce customers' carbon footprints by 500 million metric tons by 2050.

What factors contributed to Ameresco winning the Gold Stevie® Award?

Ameresco was recognized for its innovation, integrity, effectiveness, creativity, and growth, as well as its expansive project portfolio and sustainability initiatives.

What are some notable projects by Ameresco?

Notable projects include the Kūpono Solar project in O’ahu, Hawaii, and the McCarty Road Landfill in Houston, Texas.