Compagnie de Saint-Gobain Agreement (0923T)
March 22 2021 - 12:09PM
UK Regulatory
TIDMCOD
RNS Number : 0923T
Compagnie de Saint-Gobain
22 March 2021
PRESS RELEASE
March 22, 2021
SAINT-GOBAIN in North America enters into a purchase agreement
for sustainable energy
Saint-Gobain in the US entered into a 12-year Power Purchase
Agreement (PPA) with Invenergy, a leading privately held global
developer and operator of sustainable energy solutions, for 120
megawatts (MW) of the 250 MW Blooming Grove Wind Farm capacity in
McLean County, Illinois, which recently started operations.
This agreement is the largest renewable energy deal to date for
Saint-Gobain and is a key milestone in supporting the Group's
target to reach net-zero carbon emissions by 2050. The associated
Renewable Energy Certificate System (RECS) represents 40% of the
Group's CO(2) emissions from electricity in the US, resulting in a
21% reduction of Saint-Gobain's overall carbon footprint (scope 1
and 2) in the US.
With this agreement and other ongoing projects, the share of
renewable electricity within Saint-Gobain's worldwide electricity
consumption, will double in 2021, from 18.9% in 2020.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions for the construction, mobility, healthcare and other
industrial application markets. Developed through a continuous
innovation process, they can be found everywhere in our living
places and daily life, providing wellbeing, performance and safety,
while addressing the challenges of sustainable construction,
resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain
purpose, "MAKING THE WORLD A BETTER HOME", which responds to the
shared ambition of all the women and men in the Group to act every
day to make the world a more beautiful and sustainable place to
live in.
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain,
visit www.saint-gobain.com and follow us on Twitter
@saintgobain
Analyst/Investor relations Press relations
+33 1 88 54 +33 1 88 54
29 77 23 45
+33 1 88 54 +33 1 88 54
Vivien Dardel 19 09 Laurence Pernot 26 83
Floriana Michalowska +33 1 88 54 Patricia Marie +33 1 88 54
Christelle Gannage 15 49 Susanne Trabitzsch 27 96
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