Operational Emissions

Going far and beyond to power our future.

Read Our 2023 Impact Report
A field of solar panels

Emission Possible: Decarbonizing Our Operations

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 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 10 different countries. These projects have generated the following benefits:

~$16.9M

Invested

on decarbonization projects

43,000+

Megawatt Hours

of energy generated by all projects¹

$3M+

As Result

in energy savings¹

28,000+

Metric Tons

in carbon savings²

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 a 20 year period beginning in 2025

69,640

Metric Tons

of reduction in Scope 2 emissions³

3.8

Megawatts

of solar power generated

$207K

In Savings

on the site’s electricity costs

Sometimes numbers speak louder than words.

See our progress.

Reporting Center 2023 Impact Report

1. This amount represents the estimated benefit from the year each project was implemented. The actual cumulative benefit realized may differ from such estimate.

2. The calculation for the metric tons in carbon savings from investments in advancing energy efficiency is based on estimating the total saved fossil fuel or electricity use for each investment for the year it was implemented and applying an appropriate emission factor to calculate total emission savings (typically based on U.S. EPA, IEA, or AIB emissions factors) for that year. Actual cumulative carbon savings may differ from this estimate.

3. Reflects the Company’s estimated Scope 2 GHG emissions reductions from its multi-year power purchase agreement over a 20-year period beginning in 2025 based on total anticipated energy generated by the panels multiplied by an EPA U.S. average emissions factor. If the emissions reductions from this site were calculated using an EPA sub-grid emissions factor, the total estimated Scope 2 GHG emissions reductions would be 41,140mT.