Partner Profile

Genzyme Corporation / Genzyme Center
Location	Cambridge, MA
Organization Type	Health Care
Percentage Green Power	100%
Organization-wide Purchase	No
Partner Profile One of the world's foremost biotechnology companies, Genzyme is dedicated to making a major positive impact on the lives of people with serious diseases. Founded in Boston in 1981, Genzyme has grown from a small start-up to a diversified enterprise with annual revenues exceeding $2 billion and more than 8,500 employees in locations spanning the globe. The company is using 100 percent green power at its Genzyme Center headquarters and look to expand that commitment in other facilities. Their purchase of green power originally involved a price premium, but with recent increases in electricity costs, the premium has turned into a 30 percent savings over the remaining term of the fixed-price contract. "Committing to the use of green power and supporting renewable energy technology is the right thing to do to help sustain our fragile environment and it makes economic sense" said Mark Bamforth, Senior VP of Operations. The green power commitment along with its commitment to sustainable "green" building design has reinforced its corporate leadership position. In fact, it was recently listed in the best 100 companies to work for by Fortune magazine and on the Dow Jones Sustainability World Index.