Plug Power Inc. (NASDAQ:PLUG), the leading company building the clean hydrogen economy, has been named to the Top Green Providers list for 2020 by Food Logistics, the only publication exclusively dedicated to covering the movement of products through the global food supply chain.
Food Logistics’ annual Top Green Providers recognizes companies whose products, services, or exemplary leadership are enhancing sustainability within the food and beverage industry. Each year, the criteria for earning a spot on the list become more stringent for applicants. For example, the editorial staff evaluates a company’s participation in such programs as the EPA’s SmartWay and other recognized sustainability programs; facilities that are LEED-certified, and/or feature solar panels, LED lighting, and other energy saving installations and retrofits that produce measurable reductions in GHG emissions, to name a few.
2020 marks the fourth year in a row that Plug Power has been named on the Top Green Providers list. Plug Power products move 30% of the retail food and groceries through the United States, an increase from 25%, as a result of support provided during the COVID-19 crisis. In 2020, Plug Power’s hydrogen fuel cell (HFC) solutions will provide the power for middle-mile and last-mile delivery vehicles as well, improving the sustainability of the entire logistics chain. Improved efficiency, reliability, and cost efficacy—combined with access to fleet performance data—has continued to increase the adoption of HFCs in the food logistics space: 32,000 fuel cell-powered forklifts have completed over 27 million hydrogen fills. Plug Power enables customers of all sizes, including leading retail giants like Walmart and Carrefour (France), to reach new heights in facility productivity with affordable, efficient, and clean hydrogen and fuel cell power.
“Our annual Top Green Providers award recognizes companies whose products, services or exemplary leadership enhances sustainability within the food and beverage industry. From technology that reduces a fleet's carbon footprint to software that helps shippers drive energy efficiency to systems and processes that help reduce the carbon and environmental impact of its customers’ supply chains, these top green providers continue to practice the ultimate in sustainability year over year,” said Marina Mayer, Editor-in-Chief of Food Logistics.
“The benefits of hydrogen fuel cells are seen every day, resulting in an increase of more than 200 hours of pick time per year per vehicle in a 3-shift facility, versus a battery-powered forklift,” said Andy Marsh, CEO of Plug Power. “We’re honored to be named to the Top Green Providers list for the fourth time as we continue to build and expand our portfolio of advanced technology, zero emission commercial solutions that enable customers in all parts of the supply chain to move product around the world in the cleanest way possible.”