STRATEGIC PARTNERS
January 24, 2024
Panda Express has tapped GridPoint, a cleantech company that decarbonizes commercial buildings and accelerates the transition to sustainability, in all U.S. locations during the next 18 months. The goal of the partnership is to optimize energy consumption, reduce energy costs and climate control year-round, according to a press release.
"We have sought solutions that can deliver data-driven insights, automated energy efficiency and immediate savings by monitoring and controlling energy consumption within our facilities in real time and are excited to partner with GridPoint to roll out their energy management system across our store portfolio," James Ku, CDO at Panda Restaurant Group, said in the release. "Optimizing our buildings in this manner frees up time and resources for our associates to continue prioritizing our core mission, which is to deliver exceptional dining experiences for our guests."
Panda Express piloted the GridPoint deployment in 200 stores, generating measurable energy cost savings and reducing CO2 emissions. GridPoint Intelligence automates critical building functions and actively manages energy operations within each location. GridPoint will roll our to 2,500 Panda Express locations.
"GridPoint was founded 20 years ago with a vision and mission to accelerate the world's transition to a sustainable energy future. We have long admired Panda Express' commitment to continuous innovation and operational excellence. Panda's selection to implement GridPoint across all its restaurants is even more meaningful because they centered this decision around what is best for their associates and guests," Mark Danzenbaker, CEO at GridPoint, said in the release. "Maximizing energy efficiency and decarbonization in complex commercial buildings requires a technology-driven approach. We are especially proud to partner with Panda in addressing global energy goals one building, guest and associate at a time."
Panda Express has nearly 2,500 locations and has introduced American Chinese cuisine to 11 international countries.
