Netflix, Inc (NASDAQ:NFLX) and renewable energy?, What it means to growth and investors? A means to watch your favorite series or movies whenever you want to, on any device you choose for a relatively small monthly fee. This is what it is for 100 million of us worldwide. Watching an episode of Orange is the New Black on my tablet doesn’t require much energy (not on my part anyway), but for Netflix, Inc (NASDAQ:NFLX) to be present worldwide requires a lot of electricity, 140 000 megawatts per hour to be precise, this number includes the use of energy from partners such as Alphabet Inc (NASDAQ:GOOGL) and Amazon.com, Inc (NASDAQ:AMZN) Web for 2016. The production of electricity is a cause of greenhouse gas emission and in this case a massive one. So, what are they doing about that?
Netflix, Inc (NASDAQ:NFLX) actually, is doing a lot, they came up with a three-point program to minimize the output of gas emission, and the plan is a simple one: lower the usage of electricity, opt for renewables energy such as wind and solar in the places of businesses they own and balance or encourage renewables in places other than their own.
The results are remarkable, the servers are the main problematic, so they found a way to reduce the output by half in two years. They also encourage the use of renewable energy with their associates and they bought renewable energy in seven parts of the world. They even go further as to motivate every employee to think green, and reduce office space consumption. Finally, in April Netflix, Inc (NASDAQ:NFLX) was recognized as a top Tech and Telecom company by the EPA.