Embraer to Reach 100% Renewable Energy by 2024
Brazil-based aviation and aerospace company Embraer announced today a new purchase agreement that will enable the company to source 100% renewable electricity in Brazil by 2024, a year ahead of its 2025 target.
Embraer’s Brazil operations account for around two-thirds of the company’s 170,000 MWh of global electricity consumption. Through the acquisition of the renewable energy certificates (RECs) Embraer stated that it will achieve zero Scope 2 emissions in the country, with all electricity purchased from solar and wind sources.
The 2025 goal was unveiled by the company last year, as part of a series of ESG targets and initiatives, which also included commitments to reach carbon neutrality by 2040 and to use 100% renewable energy for global operations by 2030, as well as increased adoption of sustainable aviation fuel (SAF) and the development of low-carbon technologies and products, such as electric, hybrid, SAF, and hydrogen propulsion.
Carlos Alberto Griner, Embraer’s Vice President of People, ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments., and Communications said:
“This is a milestone for the company and reinforces Embraer’s commitment to environmentalEnvironmental criteria consider how a company performs as a steward of nature., socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. and governanceGovernance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights. (ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments.) practices in its transition to a low-carbon business model. ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. is one of the pillars of our strategic plan and we have a broad program with several fronts, and we are looking at every opportunity to accelerate the reduction of our carbon emissions.”
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