December 11, 2023
(press release)
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Arkema has signed a 20-year contract with EDF Renewables for the supply of 20 GWh/year of renewable electricity. This partnership will start in 2026 and will cover 70% of Bostik's electricity consumption in France. Starting from 2026, 70% of the electricity consumption across Bostik's 8 French sites will come from solar energy. This initiative complements the ongoing efforts of Bostik’s teams to reduce the CO2 emissions from their activities. “We are delighted to announce this partnership with EDF Renewables, a significant step for the Group, which aims to further reduce its carbon footprint. By choosing to source electricity from locally produced renewable sources, Bostik strengthens its commitment to increasingly decarbonized production, firmly positioning itself towards a more environmentally friendly economy, in line with Arkema's overall vision” stated Vincent Legros, Executive Vice President of the Adhesive Solutions segment (Bostik). Carlotta Gentile Latino, Executive Vice President - France onshore operations at EDF Renewables declared: "We are very pleased to sign this contract with Arkema, which strengthens our long-term partnership. The teams at EDF Renewables are committed to working with our customers to offer innovative solutions and support businesses in their energy transition by supplying low-carbon electricity." This contract, which marks an important milestone in the transition towards decarbonized energy, is consistent with Arkema's actions to reduce its CO2 emissions in line with
the 1.5°C trajectory by 2030, as validated by the Science Based Targets initiative (SBTi).
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