Four Covestro U.S. Sites Now Running Entirely on Renewable Electricity
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Covestro has achieved net-zero Scope 2 electricity emissions at four U.S. sites through a virtual Power Purchase Agreement with Ørsted, providing 90 MW of renewable energy and reducing CO2 emissions by 90,000 tons annually.
February 19, 2025 | 2:15 pm
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POSITIVE IMPACT
Covestro has reached net-zero Scope 2 electricity emissions at four U.S. sites through a vPPA with Ørsted, enhancing its sustainability profile.
The achievement of net-zero Scope 2 emissions at four U.S. sites through renewable energy agreements enhances Covestro's sustainability profile, likely improving investor sentiment and potentially boosting stock prices.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90