GHG Emissions, Industrial, Solar - December 2, 2024
Westlake Adds Solar Plant in Spain
Westlake Corporation, a global manufacturer and supplier of materials, announced the installation of a solar power plant at its epoxy plant in Barbastro, Spain.
The company also participated in a renewable power purchasing program at its Geismar, Louisiana, plant with its local utility in Louisiana.
As of December 31, 2023, Westlake achieved a total reduction of 16% in Scope 1 and Scope 2 carbon dioxide emissions intensity from its 2016 intensity baseline.
Westlake established a major climate goal: a 20% reduction in its Scope 1 and Scope 2 CO2e emissions per ton of production by 2030 from a 2016 baseline.
Details were released in its 2023 Sustainability Report, the company’s seventh annual update on sustainability innovations in products and continuous improvement in operations.
“We believe great ideas and innovations start with listening. Some of our greatest successes and operational improvements were inspired by our employees and customers,” said Jean-Marc Gilson, President and CEO, in a statement. “Our sustainability reporting approach gives us additional opportunities to deepen engagement with our stakeholders, internally and externally, by learning how we can do better, celebrating our shared successes and supporting our communities. This report also aligns with our deliberate and disciplined investment approach, including how we advance sustainability with the ultimate objective of achieving both financial reward and long-term value creation.”
The sustainability report includes certain metrics under the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD) frameworks for disclosure. These globally recognized frameworks inform how Westlake provides transparency on products, operations and locations across the company’s Performance & Essential Materials and Housing & Infrastructure Products businesses.
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