Greif has signed a digital energy buy settlement (VPPA) with Endesa’s renewal subsidiarity, Enel Inexperienced Energy España (EGPE).
The photo voltaic VPPA is a step towards attaining Greif’s local weather goal to cut back its Scope 1 and a pair of greenhouse gasoline emissions by 28% by 2030, in comparison with a 2019 baseline.
The renewable electrical energy generated by the undertaking represents roughly 65% of the corporate’s Scope 2 emissions in Europe and roughly 3% of its world Scope 1 and a pair of emissions. By including renewable power to the Spanish grid, this initiative not solely drives significant emissions reductions but additionally helps a cleaner power future.
“At Greif, we’re critical about sustainability,” says Ole Rosgaard, president and CEO of Greif.
“This partnership represents a tangible step in advancing our local weather technique. It demonstrates our dedication to accountable progress whereas assembly our emissions discount targets. We’re proud to contribute to the event of photo voltaic power infrastructure and to help the renewable power transition by delivering clear, dependable energy to the communities these initiatives serve.”
The photo voltaic VPPA contributed to the event of two photo voltaic initiatives within the Soria Province of Castilla y Léon, Spain beneath a 12-year settlement. Greif will buy roughly 70% of the initiatives’ output, which interprets to 100 GWh per yr.
