Atlanta-based paper and packaging solutions provider, WestRock (NYSE: WRK), has taken another significant step towards achieving its science-based greenhouse gas targets by supporting the first of two Texas-based solar projects. This milestone was made possible through virtual power purchase agreements (VPPAs) entered with ENGIE North America, a subsidiary of ENGIE S.A. a global leader in the net-zero energy transition.
The formation of a strategic partnership between WestRock and ENGIE sets the stage for a more sustainable future, as they collaborate to drive the shift towards clean, renewable energy sources. Through VPPAs, WestRock is now actively contributing to reducing its carbon footprint, as well as supporting the development of renewable energy infrastructure in Texas.
Bernard Creek Solar, LLC, the first of the two solar projects backed by WestRock’s VPPAs, will play a crucial role in promoting sustainable practices. With a capacity of 250 megawatts, the project is expected to make a significant contribution towards the state’s renewable energy targets. The solar facility will be equipped with advanced, cutting-edge technology to harness and generate clean electricity.
WestRock’s commitment to sustainability is further exemplified through its science-based greenhouse gas targets. These targets are rooted in the principles of the Paris Agreement and align with the latest climate science, ensuring that WestRock’s efforts are influential in combating climate change. By supporting renewable energy projects like Bernard Creek Solar, WestRock is demonstrating its dedication to operating in a responsible and environmentally conscious manner.
Virtual power purchase agreements are an innovative mechanism that enables buyers like WestRock to procure renewable energy generated offsite. This approach allows companies to actively contribute to the expansion of renewable energy infrastructure, even if they are not directly connected to a specific renewable energy project. Through VPPAs, WestRock can accelerate the transition towards clean energy, despite not utilizing the electricity generated by these solar projects directly.
The collaboration with ENGIE is a testament to WestRock’s commitment to making sustainable choices in every aspect of its operations. By leveraging the expertise of ENGIE, a global leader in sustainable energy solutions, WestRock can directly support the development of renewable energy infrastructure while focusing on its core business of providing sustainable packaging solutions.
Headquartered in Atlanta, WestRock has a well-established reputation for its commitment to environmental stewardship. By reducing its greenhouse gas emissions and supporting renewable energy initiatives, WestRock is actively working towards its sustainability goals. The company’s dedication to sustainable practices is not only beneficial for the environment but also addresses the growing demands for environmentally friendly packaging solutions.
With the commercialization of the first virtual power purchase agreement project, WestRock is setting a precedent for other companies to follow suit. By entering into strategic partnerships with renewable energy solution providers like ENGIE, businesses across various industries can contribute to the global transition towards sustainable practices, embracing environmentally friendly solutions that benefit the planet and safeguard our future.
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