O-I Glass, Inc. (“O-I”) (NYSE: OI) and ENGIE’s enterprise entity “World Power Administration & Gross sales” reached a long-term settlement for ENGIE to initially present an mixture 4.3 TWh of renewable electrical energy to O-I websites in Europe. Over a ten-year interval, ENGIE will provide O-I amenities in Europe with electrical energy generated from photo voltaic, wind and hydro sources.

This transaction is the newest deal of the rising enterprise relationship between the 2 firms. ENGIE already provides O-I with pure gasoline and electrical energy in a number of European international locations, in addition to vitality effectivity companies for O-I factories in France. In Mexico and Peru, O-I additionally sources electrical energy from ENGIE, whereas 25% of O-I’s electrical energy consumption within the US is equipped by ENGIE with renewable electrical energy.

“Due to a variety of options for vitality threat administration, ENGIE is connecting the dots between the difficult sustainability objectives of energy-intensive world firms like O-I on the one hand, and progressive low-carbon options then again. Our massive and various portfolio of carbon-neutral merchandise was instrumental to design a tailormade resolution for O-I.” says Olivier BLOEYAERT, Government Committee member of ENGIE’s enterprise entity “World Power Administration & Gross sales”; including: “We’re proud to assist our enterprise associate O-I of their efforts for a sustainable future.”

“At O-I, our imaginative and prescient is to be probably the most progressive, sustainable, and chosen provider of brand-building packaging options. Whereas we consider glass packaging is already probably the most sustainable packaging resolution, sustainability at O-I is about greater than what we make”, stated Randy Burns, Chief Sustainability Officer at O-I. “This long-term settlement is a vital constructing block in direction of our pledge to cut back O-I’s world greenhouse gasoline emissions by 25% by 2030. As a part of our roadmap, we’re striving to extend our world renewable electrical energy consumption to between 30% and 35% this 12 months. At O-I, the journey to sustainability is grounded in resilience, innovation, and the ever-present problem to remodel what we do.”

About O-I 
At O-I Glass, Inc. (NYSE: OI), we love glass and we’re proud to be one of many main producers of glass bottles and jars across the globe. Glass will not be solely lovely, it’s additionally pure, wholesome and fully recyclable; making it probably the most sustainable inflexible packaging materials. Headquartered in Perrysburg, Ohio (USA), O-I is the popular associate for most of the world’s main meals and beverage manufacturers. We innovate consistent with prospects’ must create iconic packaging that builds manufacturers all over the world. Led by our various workforce of roughly 24,000 folks throughout 70 vegetation in 19 international locations, O-I achieved revenues of $6.4 billion in 2021. Recognizing the super advantages of glass, the United Nations has designated 2022 because the Worldwide 12 months of Glass to rejoice the previous, current, and way forward for this transformative materials. Be taught extra about us:
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