3Degrees Announces Sharpened Strategic Focus With Spin Off of Utility Partnerships Business Unit

Audio By Carbonatix

SAN FRANCISCO--(BUSINESS WIRE)--Oct 1, 2025--

3Degrees, a leading global climate solutions provider, today announced that it is spinning off its Utility Partnerships business into a separate company, Onward Climate LLC (Onward). Onward will be led by multi-decade industry veteran Amanda Mortlock, who has led the Utility Partnerships business under 3Degrees since 2016 and will serve as Onward’s President.

“Shifting Utility Partnerships into the new company makes a tremendous amount of business sense from all angles,” said Philippe Vedrenne, CEO, 3Degrees. “For 3Degrees, it enables us to strengthen our focus on our core expertise: global market development for environmental commodities, coupled with strategic climate guidance and solutions for companies worldwide. And Onward will focus on our longstanding work supporting voluntary utility programs, with a close partnership with 3Degrees, for ongoing success.”

Mortlock began her career with 3Degrees in 2004 and has been the driving force behind the growth and success of its Utility Partnerships business. Under her leadership, the team has enrolled more than 700,000 residential customers in voluntary customer programs for electric and gas utilities across the United States.

“I'm thrilled to announce the creation of Onward. Building on our proven track record in green power program enrollment, Onward is well-positioned to help accelerate customer acquisition for load flexibility programs and rates, which are essential to a clean energy transition in these times,” said Mortlock. “This new venture will benefit both our electric and gas utility partners and our passionate team of employees, who have all been invited to join me in launching Onward.”

After the transaction’s expected close on November 1, 3Degrees will maintain a minority stake in Onward and serve as its environmental commodity supplier, while 3Degrees leadership directs its full attention to accelerating the company’s own ambitious growth plans. In recent years, this has included expansion of 3Degrees’ work in Asia including the opening of a Singapore office, expanding its line of credit with Citibank, launching more robust climate solutions for its European customers, and the creation of new, innovative decarbonization and digital offerings, such as supply chain reductions (SCRs) and Supplier REach, a platform for clients to easily engage their suppliers to address scope 3 emissions.

About 3Degrees

3Degrees is a leading global climate solutions provider, pioneer of environmental markets, and Certified B Corporation with offices across North America, Europe, and Asia. Our work is driven by the need for urgent climate action and has been for nearly 20 years. We deliver a full suite of clean energy and decarbonization solutions to help global Fortune 500 companies, utilities, and other organizations achieve their climate goals and address emissions in the fight against climate change. The 3Degrees team brings a commitment to integrity and deep expertise in climate strategy and implementation across scopes 1, 2, and 3 emissions, including global environmental commodities, renewable energy and carbon project development, and supply chain decarbonization. We help develop and deploy impactful climate solutions that make good business sense and advance an equitable transition to a low-carbon future. Learn more at 3Degrees.com or follow us on LinkedIn.

About Onward Climate

Onward Climate helps accelerate customer acquisition for utility programs which enable a clean energy transformation. Follow us on LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20251001142913/en/

CONTACT: [email protected]

512.791.2083

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENVIRONMENT UTILITIES ALTERNATIVE ENERGY ENVIRONMENTAL HEALTH ENERGY CLIMATE CHANGE

SOURCE: 3Degrees

Copyright Business Wire 2025.

PUB: 10/01/2025 12:10 PM/DISC: 10/01/2025 12:09 PM

http://www.businesswire.com/news/home/20251001142913/en