Sustainable Development Goal (SDG)
SDG 7: Sustainable Energy for All
Description
Long-term virtual power purchase agreements for new solar and wind energy generation under development
Criteria
SDG-alignment: Increase the share of renewable energy in the U.S. electrical grids; Shareholder value: reduce the company's long-term exposure to energy price volatility.
Describe how this investment will support the company’s targets on SDG impact
Supporting the transition to greener grids in the U. S. by entering into long-term VPPAs is a key driver to achieving the company's SDG-7 related goals to source or generate 50% of annual electricity usage from renewable energy by 2025 and achieve net zero operational emissions by 2035.
