GHG Emissions, Industrial, Sourcing Renewables  -  June 25, 2021

General Motors and Shell Join to Offer Renewable Energy Solutions

General Motors announced on June 23 that it is collaborating with Shell through their subsidiary MP2 Energy to provide energy solutions programs to GM's customers and supply chain partners, including fixed-rate home energy plans backed by 100% renewable energy resources.

This announcement comes after GM and Shell recently announced ambitious goals to address emissions. GM plans to be carbon neutral in global products and operations by 2040 and has committed to science-based targets that align with the most ambitious goals of the Paris Agreement.

"Addressing climate change requires incredible scale," Kristen Siemen, chief sustainability officer, General Motors, said in a statement. "At GM, we're committed to helping bring everybody in on a more sustainable future."

Shell's targeting net-zero emissions by 2050, in step with society's progress in achieving the goals of the UN Paris Agreement on climate change. This target includes emissions not only from the energy Shell produces and processes but also from all the energy products it sells to its customers.

"Shell is working across many sectors to help address greenhouse gas emissions and to serve as a partner for change," Glenn Wright, vice president of Renewables and Energy Solutions, Shell, said in the statement. "We see opportunities amidst the challenges of the energy transition, and we are excited to work with GM to provide options for consumers and businesses focused on their emissions impact."

This program is currently available for eligible owners of Chevrolet, Buick, GMC and Cadillac vehicles in Texas. Coming this summer, owners of electric vehicles from GM brands will have the opportunity to select home energy plans that include the option for free overnight hours of EV charging. This month, the companies will also begin providing GM suppliers access to a tailored suite of renewable energy products to assist in setting and achieving their individual emissions-reduction goals. Employees of participating GM suppliers will be eligible for the home energy plans.

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