Huhtamaki signed the largest solar purchase agreement for the European packaging industry, an important step towards the goal of using 100% renewable electricity and carbon neutral production by 2030 – QNT Press Release

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HUHTAMÄKI OYJ Press Release 20.12.2021 at 09:00

Huhtamaki signed the largest agreement, an important step towards the goal of using 100% renewable electricity and carbon neutral production by 2030 European Packaging Industry Solar Purchasing Agreement

By 2030, carbon neutral production and the use of 100% renewable electricity are one of Huhtamaki’s sustainable development goals. This major global supplier of sustainable packaging solutions has now signed two 10-year virtual power purchase agreements (VPPAs) with global renewable energy developer BayWa to achieve these ambitions to cover its European business. These agreements constitute the largest solar VPPA in the European packaging industry and the first major solar VPPA of a Finnish company.

Huhtamaki aims to use 100% renewable electricity in all its operations by 2030
Sustainability is at the core of Huhtamaki’s 2030 strategy. Today, the company is moving towards realizing its ambitions by reaching two 10-year virtual power purchase agreements (VPPA) with global renewable energy developer BayWare. . The 200 GWh agreement covers approximately 80% of Huhtamaki’s current electricity usage in Europe. This major global supplier of sustainable packaging solutions has 18 manufacturing bases in 10 European countries.

“We are committed to achieving an ambitious 2030 strategy and becoming the first choice for sustainable packaging solutions. This means developing a circular approach to our operations and products. We are fully committed to supporting the transition to a zero-carbon economy and developing a clear climate strategy. The goal and action plan to solve all our emissions. Renewable electricity plays an important role in realizing our ambitions. The agreement we just signed with BayWa once again demonstrates that it is possible to achieve significant…

The full story can be found on Benzinga.com

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