More news
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Innovative coatings mitigate effects of deepening climate change
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
Nouryon has signed a long-term agreement with NRG Energy Inc.’s brand, Direct Energy, to support 100% of the electricity needs from renewable sources for the Company’s manufacturing sites in La Porte, Fort Worth, and Houston, through the purchase of renewable energy certificates (RECs) derived from wind farms throughout Texas, USA, helping to reduce carbon emissions. The delivery term will begin the end of December 2024.
“Today’s announcement represents another important milestone in our journey to reduce Nouryon’s global carbon emission footprint and support our customers’ sustainability targets,” said Eduardo Nardinelli, Senior Vice President, South America & Global Carbon Business Leader. “Our customers increasingly value reduced carbon emissions as part of their sustainability goals.”
The implementation in Texas follows last month’s announcement of 100% electricity from renewable sources for Nouryon’s nine manufacturing sites in Brazil and continues a series of renewable energy agreements around the globe to supply Nouryon sites including Morris, Illinois, USA; Guangzhou, PR China; and Mons, Belgium.
Nouryon aims to reduce its absolute Scopes 1 and 2 GHG emissions by 40% by 2030 compared to 2019 and aspires to be a net-zero organization by 2050. More information on the Company’s sustainability progress can be found in its 2022 Sustainability Report, ESG fact sheet and dedicated sustainability section of the Company website.