Emission Possible: Doing What It Takes to Achieve Carbon Neutrality
In 2021, more than 40 energy efficiency projects were centrally funded, resulting in approximately 5,000 metric tons of annualized CO2e savings. We developed four on-site solar projects, three of which (Pune, India; Suzhou, China and Bangkok, Thailand) started in 2021, with a fourth (East Long Meadow, North America) scheduled for construction in 2022.
These actions, along with purchasing energy attribute certificates and the Virtual Power Purchase Agreement (VPPA) mentioned below, keep us well on our glide path to our 2030 science-based target of going beyond carbon neutral across our operations.
VPPA for Renewable Energy Impact
In a major step toward achieving our 2030 carbon neutral and beyond goal, we’ve executed on our first VPPA with Engie North America, a global leader in low-carbon energy solutions, to develop new wind energy in Texas. The effort will deliver the equivalent of 54 megawatts of new wind power capacity or approximately 205,000 megawatt hours (MWh) of renewable electricity annually. This project, operational by the end of 2022, will continue to support our strategy to source 100% of our United States and Canada electricity needs from renewable power.
“Creating a more sustainable world and achieving carbon neutrality by 2030 requires a transition to renewable energy.”
Deb Geyer Stanley Black & Decker
Sunsational Progress
Here Comes the Sun
Can a solar system do a world of good? Our 520 kWp Rooftop Solar System at our Prune, India, facility is proof positive.
