We are closing in on our target to power all our operations with 100% renewable electricity by 2025, after a year of great progress in 2022.

So far, New Zealand, Costa Rica, Chile, Peru, Guatemala, The Netherlands and Switzerland have achieved the transition, with Poland and Uruguay within touching distance.

With nearly all our operations contributing, we’ve already reached the point where just under a quarter of our operations are powered by renewables. Our Latin American region is leading the way with 94% of operations powered by renewable energy.

In the early stages, we are relying on signing power purchase agreements (PPAs) with certified suppliers who can guarantee that all the electricity they sell to us comes from clean energy sources.

But increasingly we are exploring buying or building our own generation capacity, particularly solar.

India, where 39% of our power currently comes from renewables, has already commissioned a captive solar farm – for our own use – in Bikaner, Rajasthan, which began generating in January 2023.

Another example – which is being implemented throughout Aliaxis – is in Spain where the roofs of our facilities at Alicante and Okondo are being fitted with solar panels increasing renewable self-consumption by 16% and 5% at those plants, respectively, in 2021-22.

In a second phase, we will expand our solar resources across the sites backed by PPAs allowing us to feed any excess power back into the grid. Ultimately, we plan to create or purchase an offsite solar farm, increasing our self-sufficiency.

We’re following a similar path in Poland, where already 80% of our electricity is renewable.

We’ve also made progress on reducing the carbon intensity of our operations, where our overall target is to cut CO2 emissions by 75% per ton of production, mostly through transitioning to renewable electricity. In 2022, we reduced our carbon intensity by 12%.

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