About 3Degrees
Company Overview
3Degrees
San Francisco, CA, United States
2002
Approximately 500 employees (source: growjo.com). Revenue of $131.8 million in FY 2024 (source: growjo.com).
What They Do
3Degrees focuses exclusively on climate solutions within environmental commodity markets, specializing in energy attribute certificates (EACs) such as renewable energy certificates (RECs), voluntary emission reductions (VERs), carbon credits, biofuels, and renewable natural gas. The company does not emphasize hardware like solar panels, wind turbines, storage, hydrogen, or grid infrastructure (source: 3degreesinc.com). Its products and services include originating, trading, and selling these commodities in compliance and voluntary markets globally, sustainability consulting for renewable energy procurement and decarbonization strategies, carbon project development, and utility green power programs. Notably, 3Degrees launched voluntary community solar programs and the first U.S. utility green tariff (source: 3degreesinc.com). The company targets Fortune 500 corporations, utilities, governments, nonprofits, and organizations pursuing climate goals, having served over 400 clients in 60 countries since its inception (source: 3degreesinc.com).
Projects & Track Record
3Degrees has a proven track record in large-scale transactions, including receipt of over 11.5 million MWh from more than 350 renewable facilities in 2014, with 47% of these projects initiated post-2010. The company has executed the largest aggregated renewable energy transaction to date, the first voluntary REC option trade, and the earliest U.S. renewable natural gas deals (source: 3degreesinc.com). Ongoing efforts include the Community Action Portfolio (CAP) for new-build solar in North American communities lacking commercial access, utility programs reaching 11.6 million customers in 2024, and tools for supply chain decarbonization (source: 3degreesinc.com). Key clients encompass over 75 Fortune 500 companies, utilities, and organizations across 96 countries, with partnerships for mission-aligned REC sourcing and carbon credit purchases (source: 3degreesinc.com).
Recent Developments
In the last two years, 3Degrees opened a Singapore office in 2024 to enhance access to the Asia-Pacific market and advanced scope 3 emissions products (source: 3degreesinc.com). The company expanded its offices in New York, Netherlands, and Norway in 2023, launched a hybrid work policy, and hosted a European offsite for teams from 9 countries (source: 3degreesinc.com). Additionally, 3Degrees earned Best for the World honors in 2022 from B Lab, with prior wins in 2013, 2016, and 2017, and completed Science-Based Targets Initiative enrollment for 1.5°C-aligned emissions goals (source: 3degreesinc.com).
Working There
3Degrees employs professionals across various domains including sustainability consulting, environmental markets trading, renewable energy origination, carbon project development, and utility program management. The company has a global workforce that includes part-time and seasonal roles, with hiring occurring at all office locations including San Francisco HQ, Portland, Seattle, Richmond, New York, Netherlands, Norway, and the new Singapore office (source: rocketreach.co). The culture emphasizes purpose-driven work, work-life balance via Flex-PTO, paid volunteer hours, and inclusivity, with racial diversity in the talent pool rising to 53% BIPOC by 2023 (source: 3degreesinc.com). Documented benefits include Flex-PTO, employee-directed donation matching, and internal carbon tax funding, contributing to awards like Bay Area Best and Brightest for three years based on employee feedback (source: 3degreesinc.com).
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