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3 Houston companies leading the way towards a low-carbon future

Companies like ExxonMobil, NRG, and Shell play an important role in helping the world transition to renewable energy sources. Photo via htxenergytransition.org

As the world population makes a jump towards more than 9 billion people by 2050, the race to net-zero is more important than ever. An increase in population means an increase in the demand for energy. With everything from greenhouse gases, pollution, carbon and nitrogen deposition putting a strain on planet Earth, community and business leaders are making commitments to advance the energy transition.

Companies like ExxonMobil, NRG, and Shell play an important role in helping the world transition to renewable energy sources. Here are three ways that these energy companies are working towards an energy abundant, low-carbon future.

NRG Energy

Headquarted in Houston, NRG Energy is the leading integrated power company in the U.S. In 2022, NRG introduced a new Sustainability and Resiliency Impact Study as part of Harris County’s Climate Action Plan to reduce the city’s carbon emissions by 40% by 2030. The initiative includes $34 million in park upgrades and is expected to save $54 million.

That same year, Evolve Houston, a nonprofit working to accelerate electric vehicle adoption within the Greater Houston area, launched an e-mobility microgrant initiative funded by Evolve Corporate Catalysts, General Motors and bp. With five founding members, among them being NRG Energy and Shell, the goal of the initiative is to improve regional air quality and reduce greenhouse gas emissions in the Greater Houston area.

At the top of 2023, Reliant Energy and NRG launched the Simple Solar Sell Back electricity plan for Texans aimed at providing solar panels to local homes for lower electricity bills.

Shell

On a mission to improve their own operations, Shell is addressing energy efficiency over time and capturing or offsetting unavoidable greenhouse gas emissions. Headquartered in London. Shell is on a mission to become a net-zero emissions energy business by 2050. In 2022, the British multinational company invested $6 million to create the Prairie View A&M Shell Nature-Based Solutions Research Program, funded through the company’s Projects & Technology organization dedicated to funding research to develop new technology solutions.

In March of 2022, Shell gifted the University of Houston $10 million to bolster the institution’s efforts to establish the Energy Transition Institute which focuses on the production and use of reliable, affordable and cleaner energy for all. The company also launched the residential power brand Shell Energy offering 100% renewable electricity plans.

ExxonMobil

ExxonMobil is one of the world’s largest publicly traded international oil and gas companies. In 2021, the multinational oil and gas corporation pledged to invest more than $15 million in solutions to lower greenhouse gas emissions initiatives across six years. As a part of their approach to improve air quality, ExxonMobil is working to:

  • Understand the composition and extent of our emissions
  • Meet or exceed environmental regulations
  • Reduce air emissions to minimize potential impacts on local communities
  • Monitor the science and health standards related to air quality

Throughout the years, plastics have become an essential component of products, packaging, construction, transportation, electronics and more. While plastics are durable, lightweight and cheap, they also emit 3.4% of global greenhouse gas emissions. Late last year, the major corporation announced the successful startup of one of the largest advanced recycling facilities in North America. Located in Baytown, Texas, the recycling facility uses proprietary technology to break down raw materials for new products and is expected to have nearly 1 billion pounds of annual advanced recycling capacity by the end of 2026.

According to their 2023 Advancing Climate Action Progress Report released early this year, the corporation plans to reduce greenhouse gas emissions through 2030.

From resolving power grid issues to developing renewable energy technologies, Houston energy companies are powering today to empower the future.

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This article originally ran on the Greater Houston Partnership's Houston Energy Transition Initiative blog. HETI exists to support Houston's future as an energy leader. For more information about the Houston Energy Transition Initiative, EnergyCapitalHTX's presenting sponsor, visit htxenergytransition.org.

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A View From HETI

Kids’ Meals will use the gift toward its new campus, a 50,000-square-foot facility in Spring Branch. Photo courtesy of Kids' Meals

At its annual Harvest Luncheon last week, Kids’ Meals, a a nonprofit combatting childhood food insecurity and hunger, received a huge boost: a $3 million gift from ExxonMobil. The gift makes a milestone for the organization.

“We are incredibly grateful to ExxonMobil for the generous $3 million donation, which is the largest corporate donation Kids’ Meals has ever received, both in size and in impact,” CEO Beth Harp said in a statement.

The nonprofit will use the gift toward its new campus, a 50,000-square-foot facility in Spring Branch. Kids’ Meals broke ground on the project in June.

The new building will nearly triple the size of its current headquarters, further helping Kids’ Meals achieve its goal of serving 26,000 children each weekday by 2031. The organization currently serves over 9,000 children every weekday through its 18,500-square-foot headquarters in Garden Oaks. The new building will carry Exxon-Mobil’s name.

“In establishing the Kids’ Meals ExxonMobil Campus, we will be able to expand our programs, reach more children in need, and make a lasting impact on the lives of countless families in the Houston area,” said Harp. “Together, we’re feeding the future and providing hope.”

Founded in 2006, Kids’ Meals serves children ages five and under, and is the only organization in the country that delivers free, healthy meals to the doorsteps of Houston’s hungriest children. Since its inception, the organization has delivered more than 14 million meals to children in 56 Houston-area zip codes. After delivering a record-breaking 2.4 million meals in 2023, the nonprofit is on track to deliver 2.7 million meals in 2024.

The Harvest Luncheon is the nonprofit’s biggest event of the year. The event raises funds to provide more than 500,000 meals for preschool-aged children. Houston Mayor John Whitmire’s daughters, Sarah and Whitney, chaired the event. Best-selling author Bob Goff served as keynote speaker.

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This article originally ran on CultureMap.

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