IBM International Business Machines Corp

By Colin Kellaher

International Business Machines Corp. on Tuesday said it has cut its operational carbon-dioxide emissions by 39.7% since 2005, putting the tech giant well ahead of schedule in its quest for a 40% reduction by 2025.

The Armonk, N.Y., company also said 47% of the electricity it consumed last year came from renewable sources, keeping it on track to source 55% of its electricity from renewables by 2025.

IBM said it implemented 1,660 energy-conservation projects at nearly 230 locations around the world last year. The company said the projects delivered annual energy savings of 136,000 megawatt hours, equal to 3.2% of its total energy use during the year--exceeding its goal of 3%.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

July 14, 2020 10:40 ET (14:40 GMT)

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