Meritor Inc. is a leading company in the commercial vehicle parts and services sector, headquartered in Troy, Michigan, United States. The company has a rich history of over 100 years of innovation and excellence in the industry. Meritor is known for its high-quality products and services that cater to the needs of the commercial vehicle industry.

Meritor's mission is to provide sustainable solutions to its customers while reducing the environmental impact of its operations. The company is committed to decarbonisation and reducing its carbon footprint. Meritor has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050.

To achieve its decarbonisation goals, Meritor has implemented a comprehensive corporate energy strategy that focuses on energy efficiency, renewable energy, and corporate power purchase agreements (PPAs). The company has invested in energy-efficient technologies and processes to reduce its energy consumption and lower its carbon emissions. Meritor has also adopted renewable energy sources such as wind and solar to power its operations.

One of the key components of Meritor's corporate energy strategy is the use of corporate PPAs. A corporate PPA is a long-term agreement between a company and a renewable energy provider to purchase a fixed amount of energy at a fixed price. This allows companies like Meritor to lock in a predictable energy price and reduce their exposure to volatile energy markets.

Meritor has signed several corporate PPAs with renewable energy providers to power its operations. In 2019, the company signed a 15-year PPA with Consumers Energy to purchase 1.6 million megawatt-hours of renewable energy annually. This renewable energy will power Meritor's operations in Michigan, including its manufacturing facilities, offices, and research and development centers.

Meritor's commitment to renewable energy and decarbonisation has earned the company recognition and awards. In 2020, Meritor was named to the Dow Jones Sustainability Index (DJSI) North America for the second consecutive year. The DJSI is a benchmark for companies that are committed to sustainable business practices and environmental stewardship.

Meritor's commitment to sustainability goes beyond its own operations. The company is also working with its customers to reduce their carbon footprint. Meritor offers a range of products and services that help its customers achieve their sustainability goals. For example, the company's electric drivetrain systems for commercial vehicles help reduce emissions and improve fuel efficiency.

In conclusion, Meritor Inc. is a leading company in the commercial vehicle parts and services sector, with a strong commitment to sustainability and decarbonisation. The company has implemented a comprehensive corporate energy strategy that focuses on energy efficiency, renewable energy, and corporate PPAs. Meritor's commitment to sustainability has earned the company recognition and awards, and it is working with its customers to reduce their carbon footprint. Meritor is a company that is leading the way in sustainable business practices and environmental stewardship.