The beauty industry supplier has announced agreements with NextEra Energy Marketing to purchase EarthEra Renewable Energy Certificates
Solvay has announced agreements with NextEra Energy Marketing to purchase EarthEra Renewable Energy Certificates (RECs) under the company’s EarthEra REC programme.
This means Solvay’s Aroma Performance, Specialty Polymers and Novecare Global business units – as well as its Jasper solar project – in North America now run 100% on renewable energy as of January this year.
EarthEra is a renewable energy trust that is managed by an independent third-party trustee.
Solvay USA will buy RECs from NextEra Energy Marketing under this programme.
The RECs Solvay will receive will be GreenE certified RECs; 100% of the funds generated from the sale of the RECs go to the development of new renewable projects.
“Having three of our energy-transition-leading Global Business Units commit to the NextEra EarthEra REC programme opens the doors for increasing benefits of the programme for other Global Business Units to join,” said Ron B Johnson, Sustainable Environment & Climate CET Manager, North America, Solvay.
“It’s exciting to have our business units commit to these bold sustainability goals and to have a long-term business partner and a programme which will support our expanding CO2 reduction business strategy at Solvay.”