Saint-Gobain signs 15-year renewable electricity supply pact with TotalEnergies

Saint-Gobain (CODYY) has signed a 15-year renewable electricity supply agreement, Power Purchase Agreement or PPA, with TotalEnergies (TTE) for the purchase of solar power for its 125 industrial sites in North America, the company announced. Commenting on this agreement, Mark Rayfield, CEO of Saint-Gobain North America, said: “With this agreement, Saint-Gobain North America will further reduce its CO2 emissions, demonstrating how fast the manufacturing industry can transform when long term solutions are at hand. This renewable energy project is a new milestone on the way to meeting Saint-Gobain’s commitment to reduce scope 1 and 2 CO2 emissions by 33% by 2030 – compared to 2017 – and to reach carbon neutrality by 2050.”