Greif Signs Virtual Power Purchase Agreement with Enel Green Power España to Accelerate Climate Action
Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging, has signed a virtual power purchase agreement (VPPA) with Enel Green Power España (EGPE). This agreement marks a significant step towards Greif's sustainability goals, aiming to reduce Scope 1 and 2 greenhouse gas emissions by 28% by 2030 compared to 2019 levels.
The solar VPPA will generate renewable electricity representing about 65% of Greif's Scope 2 emissions in Europe and 3% of its global Scope 1 and 2 emissions. The 12-year agreement contributes to the development of two solar projects in Spain's Soria Province, with Greif purchasing approximately 70% of the projects' output, equating to 100 GWh per year.
This initiative aligns with Greif's broader sustainability strategy, focusing on reducing emissions, minimizing waste, and supporting the circular economy. It demonstrates the company's commitment to responsible growth and clean energy development.
Greif, Inc. (NYSE: GEF, GEF.B), un leader globale nell'imballaggio industriale, ha firmato un accordo di acquisto virtuale di energia (VPPA) con Enel Green Power España (EGPE). Questo accordo segna un passo significativo verso gli obiettivi di sostenibilità di Greif, mirati a ridurre le emissioni di gas serra di Scope 1 e 2 del 28% entro il 2030 rispetto ai livelli del 2019.
Il VPPA solare genererà elettricità rinnovabile che rappresenta circa il 65% delle emissioni di Scope 2 di Greif in Europa e il 3% delle sue emissioni globali di Scope 1 e 2. L'accordo di 12 anni contribuisce allo sviluppo di due progetti solari nella provincia di Soria, in Spagna, con Greif che acquista circa il 70% della produzione dei progetti, corrispondente a 100 GWh all'anno.
Questa iniziativa è allineata con la più ampia strategia di sostenibilità di Greif, che si concentra sulla riduzione delle emissioni, sulla minimizzazione dei rifiuti e sul supporto all'economia circolare. Dimostra l'impegno dell'azienda per una crescita responsabile e per lo sviluppo di energia pulita.
Greif, Inc. (NYSE: GEF, GEF.B), un líder global en embalaje industrial, ha firmado un acuerdo de compra de energía virtual (VPPA) con Enel Green Power España (EGPE). Este acuerdo marca un paso significativo hacia los objetivos de sostenibilidad de Greif, que buscan reducir las emisiones de gases de efecto invernadero de Alcance 1 y 2 en un 28% para 2030 en comparación con los niveles de 2019.
El VPPA solar generará electricidad renovable que representa aproximadamente el 65% de las emisiones de Alcance 2 de Greif en Europa y el 3% de sus emisiones globales de Alcance 1 y 2. El acuerdo de 12 años contribuye al desarrollo de dos proyectos solares en la provincia de Soria, en España, con Greif comprando aproximadamente el 70% de la producción de los proyectos, equivalente a 100 GWh por año.
Esta iniciativa se alinea con la estrategia de sostenibilidad más amplia de Greif, que se centra en reducir las emisiones, minimizar los residuos y apoyar la economía circular. Demuestra el compromiso de la empresa con un crecimiento responsable y el desarrollo de energía limpia.
Greif, Inc. (NYSE: GEF, GEF.B)는 산업 포장 분야의 글로벌 리더로, Enel Green Power España (EGPE)와 가상 전력 구매 계약 (VPPA)을 체결했습니다. 이 계약은 Greif의 지속 가능성 목표를 향한 중요한 진전을 의미하며, 2019년 대비 2030년까지 Scope 1 및 2 온실가스 배출량을 28% 감소시키는 것을 목표로 하고 있습니다.
이 태양광 VPPA는 약 유럽에서 Greif의 Scope 2 배출량의 65%와 전 세계 Scope 1 및 2 배출량의 3%에 해당하는 재생 가능 전기를 생성할 것입니다. 12년 계약은 스페인 소리아 주에서 두 개의 태양광 프로젝트 개발에 기여하며, Greif는 약 프로젝트 생산량의 70%를 구매할 예정이며, 이는 연간 100 GWh에 해당합니다.
이 이니셔티브는 Greif의 광범위한 지속 가능성 전략과 일치하며, 배출량 감소, 폐기물 최소화 및 순환 경제 지원에 중점을 두고 있습니다. 이는 책임 있는 성장과 청정 에너지 개발에 대한 회사의 헌신을 보여줍니다.
Greif, Inc. (NYSE: GEF, GEF.B), un leader mondial de l'emballage industriel, a signé un contrat d'achat d'énergie virtuel (VPPA) avec Enel Green Power España (EGPE). Cet accord représente un pas significatif vers les objectifs de durabilité de Greif, visant à réduire les émissions de gaz à effet de serre de Scope 1 et 2 de 28% d'ici 2030 par rapport aux niveaux de 2019.
Le VPPA solaire générera de l'électricité renouvelable représentant environ 65% des émissions de Scope 2 de Greif en Europe et 3% de ses émissions mondiales de Scope 1 et 2. Le contrat de 12 ans contribue au développement de deux projets solaires dans la province de Soria, en Espagne, avec Greif achetant environ 70% de la production des projets, soit 100 GWh par an.
Cette initiative s'inscrit dans la stratégie de durabilité plus large de Greif, qui se concentre sur la réduction des émissions, la minimisation des déchets et le soutien à l'économie circulaire. Elle démontre l'engagement de l'entreprise envers une croissance responsable et le développement d'énergie propre.
Greif, Inc. (NYSE: GEF, GEF.B), ein globaler Führer im Industrieverpackungsbereich, hat einen virtuellen Stromkaufvertrag (VPPA) mit Enel Green Power España (EGPE) unterzeichnet. Dieses Abkommen stellt einen bedeutenden Schritt in Richtung der Nachhaltigkeitsziele von Greif dar, die darauf abzielen, die Treibhausgasemissionen der Bereiche 1 und 2 bis 2030 um 28% im Vergleich zu 2019 zu reduzieren.
Der Solar-VPPA wird erneuerbare Elektrizität erzeugen, die etwa 65% der Scope-2-Emissionen von Greif in Europa und 3% der globalen Scope-1- und -2-Emissionen ausmacht. Der 12-jährige Vertrag trägt zur Entwicklung von zwei Solarprojekten in der Provinz Soria in Spanien bei, wobei Greif etwa 70% der Produktion der Projekte kauft, was 100 GWh pro Jahr entspricht.
Diese Initiative steht im Einklang mit der breiteren Nachhaltigkeitsstrategie von Greif, die darauf abzielt, Emissionen zu reduzieren, Abfall zu minimieren und die Kreislaufwirtschaft zu unterstützen. Sie zeigt das Engagement des Unternehmens für verantwortungsvolles Wachstum und die Entwicklung sauberer Energie.
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DELAWARE, Ohio, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the signing of a virtual power purchase agreement (VPPA) with Endesa’s renewal subsidiarity, Enel Green Power España (EGPE). The VPPA agreement signifies a critical advancement in Greif’s long-term sustainability and climate goals, further reinforcing the company’s commitment to reducing its environmental footprint.
The solar VPPA is a significant step toward achieving Greif's climate target to reduce its Scope 1 and 2 greenhouse gas emissions by
"At Greif, we're serious about sustainability," said Ole Rosgaard, President and CEO of Greif. "This partnership represents a tangible step in advancing our climate strategy. It demonstrates our dedication to responsible growth while meeting our emissions reduction targets. We are proud to contribute to the development of solar energy infrastructure and to support the renewable energy transition by delivering clean, reliable power to the communities these projects serve.”
The solar VPPA contributed to the development of two solar projects in the Soria Province of Castilla y Léon, Spain under a 12-year agreement. Greif will purchase approximately
The solar VPPA is a core component of Greif's broader sustainability strategy, which is centered on reducing greenhouse gas emissions, minimizing waste throughout its operations and being a pillar of the larger circular economy. The agreement aligns with the company's long-term vision of embedding sustainability into its value chain, delivering value to stakeholders while contributing to a more sustainable planet.
About Greif
Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, jerrycans and other small plastics, containerboard, corrugated sheets and products, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products The Company also manufactures packaging accessories and provides other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company has a workforce of over 14,000 colleagues spread across more than 250 facilities in 37 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Contact:
TJ Struhs
Director, Corporate Communications
+1 207-956-2304 / tj.struhs@greif.com
FAQ
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