Energy Efficiency | Page 97

Elopak, a global supplier of carton packaging and filling equipment, announced a 20% reduction in Scope 1 and 2 GHG emissions since 2020, marking significant progress toward the company's target of a 42% reduction by 2030.

The Science Based Targets initiative (SBTi) approved Thales’ GHG emissions reduction targets for 2030.

Globalworth, an office investor in Central and Eastern Europe, scientifically validated its climate targets by the Science Based Target initiative (SBTi).

United Natural Foods, Inc., a wholesale grocer, announced the completion of its largest solar array investment to date at its Howell, N.J., distribution center.

Arrow Electronics, Inc., a global provider of technology solutions, announced it achieved all ESG goals established for 2022, including continuing to reduce Scope 1 and 2 emissions in 2023, thereby supporting the company's multi-year goal to reduce Scope 1 and 2 emissions in 2023.

Techtronic Industries Co. Ltd., a global power equipment and floorcare & cleaning company, announced it committed to setting Science-Based targets by signing the Science Based Target initiatives (SBTi) commitment letter.

ESAB Corporation, a connected fabrication technology and gas control solutions company, has committed to reducing absolute global Scope 1 and Scope 2 GHG emissions at major manufacturing sites by 30% by the year 2030 from a 2022 baseline.

Selling the value of investing in energy efficiency across an organization, especially in competition for precious capital, can be a real challenge. As this article from Constellation explains, demonstrating the potential return on the investment (ROI) through long-term cost reduction plus a life cycle assessment of current infrastructure is paramount when valuing the overall return of an efficiency initiative.

In its third Annual Sustainability Report, Polestar, a Swedish EV maker, confirmed it reduced relative CO2e-emissions per car sold by 8% compared to 2021 levels.