Industrial, Wind - September 20, 2022
Takeda Signs VPPA
Takeda announced the signing of a long-term VPPA for the electricity delivered to the power grid from a 79 MW portion of Enel’s Seven Cowboy wind project in Oklahoma.
The agreement, advised by Edison Energy LLC, advances progress towards achieving Takeda’s goals of reducing 40% of Scope 1 and 2 GHG emissions by 2025 and achieving net-zero GHG emissions for Scope 1 and 2 before 2035.
Through the agreement, biopharmaceutical company Takeda will purchase approximately 350,000 MWh of electricity from Enel annually, equivalent to the electricity needed to power around 30,000 U.S. homes each year. This provides enough energy to meet Takeda’s anticipated electricity needs in the U.S. The project is expected to begin operations by 2023.
“The health of our planet and the health of people are inextricably linked and, as such, it is incumbent on us to take every step we can to protect both,” said Takako Ohyabu, chief global corporate affairs and sustainability officer at Takeda in a statement. “This agreement plays a key role in creating a more sustainable infrastructure, while also fostering responsible innovation and allowing us to do our part to minimize our environmental impact and address one of the most pressing health threats facing humanity and the planet.”
This agreement accounts for more than 100,000 tons of the company’s current total GHG emissions or approximately 20% of current enterprise Scope 1 and 2 emissions. The renewable energy certificates provided under the agreement will cover the electricity usage for U.S. facilities including BioLife Plasma Services centers in the U.S., global manufacturing and supply, research and development and other office locations with the ability to accommodate expansions.
Recently, Takeda announced an accelerated goal to achieve net zero GHG emissions related to operations, including Scope 1 and 2, before 2035 and for its entire value chain, including currently estimated scope 3 GHG emissions, before 2040. Previously, Takeda committed to reaching net-zero GHG emissions for Scope 1 and 2 and a 50% reduction in scope 3 emissions by 2040.