Potential offtaker

Verallia

www.verallia.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Verallia is a leading global manufacturer of glass containers, with a presence in over 10 countries and a workforce of over 10,000 employees. The company is headquartered in France and has been in operation for over a century, producing high-quality glass containers for the food and beverage industry. Verallia's commitment to sustainability is evident in its efforts towards decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus area for Verallia, and the company has set ambitious targets to reduce its carbon footprint. Verallia has committed to reducing its CO2 emissions by 20% by 2030, as part of its participation in the Science Based Targets initiative. The company has also set a target to achieve carbon neutrality by 2050, in line with the Paris Agreement on climate change.

To achieve these targets, Verallia has implemented a range of measures to reduce its energy consumption and increase the use of renewable energy. The company has invested in energy-efficient technologies and processes, such as the use of electric furnaces in its glass production facilities. Verallia has also implemented a range of energy management systems to monitor and optimise its energy use.

Corporate energy is another key focus area for Verallia, and the company has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy. Verallia has signed corporate power purchase agreements (PPAs) with renewable energy providers, which allow the company to purchase renewable energy directly from the source. These agreements provide Verallia with a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

Verallia has also invested in its own renewable energy projects, such as the installation of solar panels on the roofs of its production facilities. These solar panels generate renewable energy that is used to power the company's operations, reducing its reliance on grid electricity.

Corporate PPAs are an important part of Verallia's renewable energy strategy, and the company has signed several agreements with renewable energy providers. These agreements provide Verallia with a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects. Verallia's corporate PPAs have enabled the company to increase its use of renewable energy, while also reducing its carbon footprint.

Renewable energy is a key focus area for Verallia, and the company has implemented a range of measures to increase its use of renewable energy. Verallia has invested in its own renewable energy projects, such as the installation of solar panels on the roofs of its production facilities. These solar panels generate renewable energy that is used to power the company's operations, reducing its reliance on grid electricity.

Verallia has also signed corporate PPAs with renewable energy providers, which allow the company to purchase renewable energy directly from the source. These agreements provide Verallia with a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

In addition to these measures, Verallia is also exploring new technologies and innovations to further reduce its carbon footprint. The company is investing in research and development to develop new, more sustainable glass production processes, and is exploring the use of alternative fuels and energy sources in its operations.

Overall, Verallia's commitment to sustainability is evident in its efforts towards decarbonisation, corporate energy, corporate PPA, and renewable energy. The company's ambitious targets and investments in sustainable technologies and processes demonstrate its commitment to reducing its environmental impact and contributing to a more sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment