SEKISUI Specialty Chemical is excited to announce a 5-year, renewable energy agreement with TXU Energy. Edge Energy Consulting, LLC provided advisory services to SEKISUI throughout the entire procurement process. This is one of several measures SEKISUI is taking to improve our company's balance with natural resources and reduce our carbon footprint.
Beginning in April 2022, SEKISU''s renewable purchase will be sourced from the Indian Mesa wind farm located in Pecos County, Texas. With a nameplate capacity of 92 MWs, the Indian Mesa project provides, on average, 210,000 MWhs per year to the Texas electricity grid.
In 2020, SEKISUI CHEMICAL (SEKISUI Specialty Chemical's parent company) expressed its long-term plan as Vision 2030: an aggressive set of goals centered around ESG supportive innovation, sustainability, and responsible growth. A key metric monitored in SEKISUI's progress will be renewable energy as a percentage of purchased power. SEKISUI's partnership with TXU Energy brings the company one step closer to the Vision 2030 goal of using 100% renewable energy.
Adoption of Vision 2030 also aligned SEKISUI CHEMICAL's ESG goals with the United Nation's Sustainable Development Goals (SDGs). The Sustainable Development Goals are a collection of 17 interlinked global goals designed to be a "blueprint to achieve a better and more sustainable future for all". SDG #12 aims to ensure sustainable consumption and production patterns, with a focus on reducing the use of fossil fuels which parallels SEKISUI ESG principle of mitigating of climate change.
SEKISUI Specialty Chemicals is proud of its renewable energy commitment through TXU Energy and the positive effects it will have on our business' environmental footprint.
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