Whirlpool Corporation's Strategy for Renewable Energy in Its North America Operation Puts Company on EPA Green Power List Recognized for Green Power Leadership

Rhea-AI Summary

Whirlpool has been recognized by the U.S. Environmental Protection Agency (EPA) for its renewable energy strategy in North American operations. The company ranks No. 60 on EPA's National Top 100 list, No. 14 on the Top 30 On-site Generation list, and No. 34 among Green Power Partners from the Fortune 500. Whirlpool purchases over 301 million kilowatt-hours of renewable energy annually, covering 86% of its power needs. The company aims to achieve 100% renewable energy for its U.S. sites through onsite power and two virtual power purchasing agreements in Texas. This initiative aligns with their goal to reach Net Zero by 2030. In 2023, Whirlpool reduced its scope 1 and 2 emissions by 25% and scope 3 emissions by 7%.

Positive

• Recognized by EPA for green power leadership.
• Ranked No. 60 on EPA's National Top 100 list of green power users.
• Ranked No. 14 on EPA's Top 30 On-site Generation list.
• Ranked No. 34 among EPA's Green Power Partners from the Fortune 500.
• Purchases over 301 million kWh of renewable energy annually.
• Covers 86% of total power needs with renewable energy.
• Initiatives contribute to global decarbonization and reduce demand on electricity grids.
• Achieved ~25% reduction in scopes 1 and 2 emissions in 2023.
• Achieved ~7% reduction in scope 3 emissions in 2023.
• Supports Net Zero by 2030 goal with substantial renewable energy investments.

Negative

• Dependency on external renewable energy sources for 14% of power needs.
• Challenges associated with onsite renewable energy installation.

NORTHAMPTON, MA / ACCESSWIRE / June 6, 2024 / Whirlpool Corporation's renewable energy strategy for North American operations was recognized by the U.S. Environmental Protection Agency (EPA) by including the company on three of the EPA's Green Power Leadership lists. The company is No. 60 on the EPA's National Top 100 List of the largest green power users from the Green Power Partnership (GPP), No. 14 on the Top 30 On-site Generation list and No. 34 on EPA's list of Green Power Partners from the Fortune 500®. Whirlpool Corp. is currently purchasing more than 301 million kilowatt-hours (kWh) of energy from renewable sources annually, which represents 86 percent of its operations' total power needs and is equivalent to the annual electricity use of nearly 28,000 average American homes.

Whirlpool Corporation's goal is to use onsite renewable power where possible for manufacturing sites - primarily wind and solar energy. Secondary to that, the company has invested in two virtual power purchasing agreements (VPPAs), Limestone Wind in Dawson, Texas, with 53MW of clean energy produced from 88 turbines and Mesquite Sky in Callahan County, Texas. When fully operational, the VPPAs are expected to generate sufficient renewable energy to cover 100% of Whirlpool Corporation's U.S. sites' electrical consumption.

"Adding clean, renewable energy to the electrical grid while helping to reduce the company's carbon footprint is an important part of our ongoing sustainability initiatives and will help us meet our Net Zero by 2030 goal for our operations," said Beat Stocker, senior director of global sustainability at Whirlpool Corp. "We are proud to be recognized by the U.S. Environmental Protection Agency for being a leader in the green power market."

"Adding clean, renewable energy to the electrical grid while helping to reduce the company's carbon footprint is an important part of our ongoing sustainability initiatives and will help us meet our Net Zero by 2030 goal for our operations."

By moving the needle in the voluntary green power market, Whirlpool and other Green Power Partners are helping to reduce the negative health impacts of air emissions including those related to ozone, fine particles, acid rain, and regional haze.

"Onsite renewable energy at our manufacturing facilities comes with its own challenges, but it's key to our strategy because it contributes to global decarbonization efforts while also reducing demand on local and national electricity grids," said Scot Blommel, senior manager of global sustainability and net zero program lead for Whirlpool Corporation.

"This list of the largest users of green power across the nation is proof that good business practices can also benefit the environment," said James Critchfield, Program Manager of

EPA's Green Power Partnership. "EPA applauds the leading organizations in the Green Power Partnership's Top Partner Rankings for their notable commitment to expanding their use of green power and protecting the environment."

Supported by their focus on green power, in 2023 Whirlpool Corp. saw a ~25% reduction in scopes 1 and 2 market-based emissions year-over-year for the last two years. In addition, they achieved ~7% reduction in Scope 3, category 11 emissions from products in use. Learn more about Whirlpool Corporation's ongoing environmental sustainability efforts in their 2023 Sustainability Report.

About EPA's Green Power Partnership

The Green Power Partnership is a voluntary program that helps increase green power use among U.S. organizations to advance the American market for green power and development of those sources as a way to reduce air pollution and other environmental impacts associated with electricity use. In 2022, the Partnership had nearly 700 Partners voluntarily using nearly 95 billion kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500® companies; small and medium sized businesses; local, state, and federal governments; and colleges and universities. For additional information, please visit www.epa.gov/greenpower.

About Whirlpool

Whirlpool Corporation (NYSE:WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

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SOURCE: Whirlpool Corporation

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FAQ

What is Whirlpool's rank on the EPA's National Top 100 list of green power users?

Whirlpool is ranked No. 60 on the EPA's National Top 100 list of green power users.

How much renewable energy does Whirlpool purchase annually?

Whirlpool purchases over 301 million kilowatt-hours of renewable energy annually.

What percentage of Whirlpool's power needs is met by renewable energy?

86% of Whirlpool's total power needs are met by renewable energy.

What is Whirlpool's goal for renewable energy by 2030?

Whirlpool aims to achieve Net Zero by 2030.

How did Whirlpool perform in terms of emissions reduction in 2023?

In 2023, Whirlpool achieved a ~25% reduction in scopes 1 and 2 emissions and a ~7% reduction in scope 3 emissions.

Where are Whirlpool's renewable energy virtual power purchasing agreements located?

Whirlpool's virtual power purchasing agreements are located in Dawson, Texas, and Callahan County, Texas.

What challenges did Whirlpool face in its renewable energy strategy?

Whirlpool faced challenges associated with onsite renewable energy installation.