VPPA

Sonoco and ENGIE Announce 140 Megawatt Virtual Power Purchase Agreement – Output from Big Sampson Wind Project will be First Renewable Energy Project for Sonoco

Retrieved on: 
Monday, April 8, 2024

HARTSVILLE, S.C., April 08, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, and ENGIE North America (“ENGIE") today announced that they have entered into a Virtual Power Purchase Agreement (“VPPA”) for production from ENGIE’s Big Sampson Wind Project (“Big Sampson”), a wind power project currently under construction in Crockett County, Texas.

Key Points: 
  • HARTSVILLE, S.C., April 08, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, and ENGIE North America (“ENGIE") today announced that they have entered into a Virtual Power Purchase Agreement (“VPPA”) for production from ENGIE’s Big Sampson Wind Project (“Big Sampson”), a wind power project currently under construction in Crockett County, Texas.
  • The VPPA is an example of these efforts, with renewable energy credits acquired under the VPPA expected to help reduce Sonoco’s baseline carbon emissions by approximately 14%.
  • Big Sampson is a project of ENGIE, a global leader in the net zero energy transition.
  • “We are honored that Sonoco selected ENGIE to support their first VPPA, reflecting their commitment to the energy transition.

Saputo signs large-scale virtual power purchase agreement with Capital Power

Retrieved on: 
Wednesday, March 27, 2024

MONTRÉAL, March 27, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) today announced it has entered into a 15-year virtual power purchase agreement (VPPA) with Capital Power (TSX: CPX), a North American power producer.

Key Points: 
  • MONTRÉAL, March 27, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) today announced it has entered into a 15-year virtual power purchase agreement (VPPA) with Capital Power (TSX: CPX), a North American power producer.
  • The agreement pertains to a Canadian-based wind facility (Halkirk 2 Wind) currently under construction.
  • Saputo has been working hard to address climate change since making its Environmental Pledges public in 2020.
  • The Company has invested $70 million in capital to fund more than 65 projects to reduce the carbon, energy, and water intensities of its operations, in addition to signing another long-term power purchase agreement in Australia in 2021.

Capital Power signs large-scale virtual power purchase agreement with Saputo Inc.

Retrieved on: 
Wednesday, March 27, 2024

EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) has entered into a 15-year virtual power purchase agreement (VPPA) with Saputo Inc. (TSX: SAP).

Key Points: 
  • EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) has entered into a 15-year virtual power purchase agreement (VPPA) with Saputo Inc. (TSX: SAP).
  • The agreement pertains to Capital Power’s Canadian-based wind facility (Halkirk 2 Wind) currently under construction.
  • Subject to final regulatory approvals and once operational, the portion of the wind facility contracted by Saputo will generate approximately 206,300 MWh of renewable electricity per year.
  • The new VPPA will ultimately cut down Saputo’s global CO2 footprint by 13 per cent (against its fiscal 2020 baseline).

Avangrid and Statkraft Establish U.S. Relationship with Virtual Power Purchase Agreement (VPPA)

Retrieved on: 
Monday, April 8, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States.
  • Statkraft will receive Renewable Energy Certificates (RECs) from Avangrid’s 300 MW Streator Cayuga Ridge South Wind Farm in Illinois with this short term VPPA.
  • Statkraft and Iberdrola, S.A., Avangrid’s parent company, have a Power Purchase Agreement (PPA) in place for energy produced at Iberdrola’s Korytnica II wind farm in Poland.
  • “We are proud to partner with Avangrid as a continuation of our successful relationship with Iberdrola in Europe.

Bristol Myers Squibb Releases 2023 Environmental, Social and Governance Report Demonstrating Progress and Setting New Long-Term Goals

Retrieved on: 
Tuesday, April 2, 2024

Bristol Myers Squibb (NYSE: BMY) today published its 2023 Environmental, Social, and Governance (ESG) Report detailing the company’s meaningful progress, evolved strategy, and aspirational goals toward its ESG efforts.

Key Points: 
  • Bristol Myers Squibb (NYSE: BMY) today published its 2023 Environmental, Social, and Governance (ESG) Report detailing the company’s meaningful progress, evolved strategy, and aspirational goals toward its ESG efforts.
  • The company’s ESG strategy is embedded in its mission to discover, develop, and deliver innovative medicines that help patients prevail over serious diseases.
  • View the full release here: https://www.businesswire.com/news/home/20240402638203/en/
    “For more than 130 years, BMS has enabled positive change for our patients around the world.
  • Incorporated new ESG metrics into the executive compensation program, measuring achievement against environmental and social goals and better aligning executive bonuses with company strategy.

Report: LOKKER's Analysis of More Than 3,400 Websites Reveals Meta Pixel Still on 33% of Healthcare Websites, with 12% of the S&P 500 Showing Likely Privacy Violations

Retrieved on: 
Tuesday, April 2, 2024

REDWOOD CITY, Calif., April 2, 2024 /PRNewswire/ -- LOKKER, provider of online data privacy and compliance solutions for enterprises, today launched its latest research report, Online Data Privacy Report March 2024. LOKKER's research analyzed 3,419 U.S. websites across four industries including healthcare, technology, financial services and retail businesses. Additionally, the study looked at the S&P 500. The findings showed significant consumer data privacy risks, with 2% sharing data directly with Russia or China In general, the report found that companies are not equipped with the right tools to track, monitor and remediate web privacy risks.

Key Points: 
  • LOKKER's research analyzed 3,419 U.S. websites across four industries including healthcare, technology, financial services and retail businesses.
  • "LOKKER's research sheds light on critical issues that businesses often underestimate," said Ian Cohen, founder and CEO of LOKKER.
  • 47% of websites have the Meta Pixel (55% of S&P 500, 58% of retail, 42% of financial services and 42% of technology companies).
  • For LOKKER's complete report that discusses these risks and their impacts further, as well as ways organizations can address online data privacy threats, visit https://lokker.com/online-data-privacy-report-march-2024/ .

CROWN SIGNS RENEWABLE ENERGY DEAL SIGNIFICANTLY EXPANDING COVERAGE OF ITS ELECTRICITY CONSUMPTION IN EUROPE

Retrieved on: 
Wednesday, February 28, 2024

TAMPA, Fla., Feb. 28, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) has entered a 15-year Virtual Power Purchase Agreement (VPPA) with Enel Green Power España (EGPE), Endesa's renewable energy subsidiary, securing renewable electricity from a new PV project built in Badajoz, Spain. This deal will cover all of Crown's current operational footprint in European countries that are part of the Alliance of Issuing Bodies (AIB), which manages the European Energy Certificate System, allowing the Company to advance in its Twentyby30™ sustainability program.

Key Points: 
  • To initiate this latest effort around responsible solutions, Crown worked with Schneider Electric , the leading adviser in corporate renewable energy procurement and carbon management, on the project selection and VPPA negotiation.
  • This agreement is Crown's first VPPA in Europe and demonstrates the Company's commitment to reduce greenhouse gas emissions and to act locally.
  • Scheduled to start operation in October 2025, the renewable energy supply from the PV power plant follows Crown's earlier renewable energy project designed to address decarbonization and sustainability goals.
  • "We're proud to have facilitated this pivotal agreement between Crown and EGPE, which significantly advances Crown's environmental and sustainability initiatives."

Shaw Industries Invests in Renewable Wind Energy Via BHE Renewables

Retrieved on: 
Wednesday, February 14, 2024

DALTON, Ga., Feb. 14, 2024 /PRNewswire-PRWeb/ -- Shaw Industries Group, Inc. (Shaw) announces a virtual power purchase agreement ("VPPA") with BHE Renewables, a Berkshire Hathaway Energy business. Through this agreement, Shaw will invest in renewable energy from BHE Renewables' 200-megawatt Flat Top wind farm in Mills and Comanche counties, Texas, which became operational in 2018.

Key Points: 
  • DALTON, Ga., Feb. 14, 2024 /PRNewswire-PRWeb/ -- Shaw Industries Group, Inc. (Shaw) announces a virtual power purchase agreement ("VPPA") with BHE Renewables, a Berkshire Hathaway Energy business.
  • Through this agreement, Shaw will invest in renewable energy from BHE Renewables' 200-megawatt Flat Top wind farm in Mills and Comanche counties, Texas, which became operational in 2018.
  • "Shaw strives to be a positive force in the global effort to mitigate climate change," noted Kellie Ballew, chief sustainability and innovation officer at Shaw.
  • "We are proud to support Shaw and its vision to create a better future," said BHE Renewables President and CEO Alicia Knapp.

LOKKER Launches First Feature to Notify Companies When Their Websites Are at Risk of Violating Privacy Laws

Retrieved on: 
Wednesday, February 14, 2024

REDWOOD CITY, Calif., Feb. 14, 2024 /PRNewswire/ -- LOKKER, provider of online data privacy and compliance solutions for enterprises, introduces a new feature included in its Privacy Edge™ software suite. LOKKER now gives companies a solution to monitor and remediate potential web privacy and compliance violations such as HIPAA, the Video Privacy Protection Act (VPPA) and state wiretapping laws across their portfolio of websites. 

Key Points: 
  • REDWOOD CITY, Calif., Feb. 14, 2024 /PRNewswire/ -- LOKKER , provider of online data privacy and compliance solutions for enterprises, introduces a new feature included in its Privacy Edge™ software suite .
  • LOKKER now gives companies a solution to monitor and remediate potential web privacy and compliance violations such as HIPAA, the Video Privacy Protection Act (VPPA) and state wiretapping laws across their portfolio of websites.
  • Companies can expect a continued increase in litigation pertaining to CCPA, VPPA, HIPAA and wiretapping laws.
  • To address this widespread issue, LOKKER has introduced this new feature to help legal, marketing and IT teams identify privacy risks from unauthorized data collection.

Transparent Energy Records 14th Consecutive Year of Organic Annual Revenue Growth, Establishes Broad Transactional Expertise in Renewable-Energy Procurement

Retrieved on: 
Wednesday, February 14, 2024

FAIRFIELD, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Transparent Energy, the national leader in auction-based energy procurement for renewable energy, traditional power, and natural gas, today announced record bookings for Q4 2023 and its 14th consecutive year of organic annual revenue growth.

Key Points: 
  • FAIRFIELD, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Transparent Energy, the national leader in auction-based energy procurement for renewable energy, traditional power, and natural gas, today announced record bookings for Q4 2023 and its 14th consecutive year of organic annual revenue growth.
  • In addition, Transparent Energy has experienced growing demand for its energy-efficiency offerings, resulting in numerous onsite upgrades and installations.
  • Over the course of the year, Transparent Energy also added more than 20 new strategic partners, including an ESG and sustainability reporting leader with over 1.2 billion sq.
  • Concluded Paul Shagawat , Co-Founder and Managing Partner, Transparent Energy, “2023 was a great year by any measure for our company.