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Company Paves Green Road for Pharm and Biotech Industries

Wednesday, September 26, 2007


BioStorage Technologies, Inc. (BST) has taken a drastic step to reduce their carbon footprint. They have become the third largest company, and first which provides the pharmaceutical and biotechnology sectors, to join the Indianapolis Power & Light Company Green Power Option Voluntary Program.

Under the agreement, BST will purchase energy made from 100% renewable energy resources. In doing so, they will become completely carbon neutral by 2009. BST joins the State of Indiana and other sizable Indiana companies in reducing carbon emissions. The investment of BST will save carbon emissions equal to 244 cars driven over a year and will save over 30,000 trees.

The Green Power Option Program permits companies to devote themselves to either 10%, 25%, 50%, or 100% sustainable power. Details of the cost have yet to be analyzed, but the number of private enterprises joining the programs speaks to its potential to entice from the private sector.

BioTech Company Goes Green

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posted by Aaron Ellias, 5:56 PM

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