Industrial, Sourcing Renewables - November 19, 2019
Estée Lauder signs VPPA to achieve 100% RE
The Estée Lauder Companies Inc. signed their first VPPA Nov. 15, making them the first cosmetics company to sign this type of agreement.
The agreement was made with the Ponderosa wind farm in Beaver County, Oklahoma, which alone will cover more than half of the company’s global electricity footprint. Through the addition of the 22 MW wind farm to their portfolio, the company has achieved 100% renewable electricity in the United States and Canada.
“The Estée Lauder Companies is committed to innovating to help achieve a low-carbon future,” Nancy Mahon, Senior Vice President of Global Corporate Citizenship and Sustainability, said in a statement. “We’re so pleased to meet our 2020 RE100 commitment for North America early. Projects like the Ponderosa wind farm and others in our Net Zero portfolio are all significant achievements toward our commitments to address climate change.”
Estée Lauder previously committed to net zero emissions by 2020 and announced just last week that they are on track to meet that goal following a slew of recent renewable energy contracts. An LED overhaul is already expected to reduce emissions by 75% at the company’s U.K. and Ireland distribution center, where 100% renewable energy is also being used.
The Ponderosa wind farm is owned and operated by a subsidiary of NextEra Energy Resources and is made up of approximately 10 wind turbines.
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