Focused on energy efficiency and carbon reduction opportunities, we continue to drive down our emissions and decarbonize our operations — achieving our expected progress in 2023 on our science-based Scope 1 and 2 reduction targets.
We continue to invest in renewable power sources like wind and solar while improving efficiencies through capital investments and evaluating additional tools like power purchase agreements and energy attribute certificates.
Responsible stewardship fortifies energy independence and operations resilience. Increasingly, customers see this as a value proposition, especially for those who value sustainable upstream suppliers as they work to reduce their own carbon footprints.
Our Energy Efficiency Success Stories
Our pace of investing in advancing energy efficiency has accelerated. Since 2021, we have implemented 60 projects in 8 different countries. These projects have generated the following benefits:
$16.9M+
Invested
on decarbonization projects
43,000+
Megawatt Hours
of solar power used
$3M+
As Result
in energy savings
28,000+
Metric Tons
in carbon savings
Commitment in Action: East Longmeadow, Mass., U.S. — Manufacturing Solar Project
In 2023, we committed to a multi-year power purchase agreement (PPA) to supply us with solar-generated electricity from 5 solar arrays located on our East Longmeadow, Mass., U.S. property. Through this partnership, we’ve…
$17.4M
Committed
over the next 20 years
69,640
Metric Tons
of reduction in Scope 2 emissions
3.8
Megawatts
of solar power generated
$207K
In Savings
on the site’s electricity costs
“This investment in clean energy allows us to leap forward toward our shared goal of positively impacting the environment through our operations.”
