Toyoda Gosei North America Corp, the regional headquarter of the Toyoda Gosei Co. Ltd. In Americas, has purchased Renewable Energy Certificates from Eurus Energy America, owned by group Eurus Energy Holdings Corporation. That marks a pivotal move by TGNA into furthering sustainability efforts in TGNA’s shift to renewable-based operations in its North American operations.
Purchasing Renewable Energy Certificates to Drive Sustainability Goals
Under the contract, TGNA will buy renewable energy certificates from a wind facility in Texas in the form of an additional 100 gigawatt-hours of power annually over the next ten years. The move cuts the company’s CO2 by about 40,000 tons per year; this reduction contributes to more than 20 percent of the carbon footprint of its operations in America, which is currently TGNA’s greatest source of emissions.
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Toyoda Gosei’s Push for Carbon Neutrality by 2030
Toyoda Gosei aims to achieve carbon neutrality for its production activities by 2030, which falls under Scope 1 and 2. In fact, the company has advanced its ambition by several years. This aggressive target becomes achievable through several initiatives, including innovations in production technology, daily Kaizen practice, and a significant increase in renewable energy consumption.
In addition to procuring RECs, Toyoda Gosei is also further increasing its utilization of in-house solar power and green energy to further strengthen the shift towards renewable energy. The firm focuses on achieving carbon neutrality by 2030 through various strategies and multiple approaches to renewable energy to lower its environmental impact. These steps further strengthen the shift towards renewable energy, solidifying the firm’s overall strategy to reduce emissions and enhance energy efficiency across operations.