Potential offtaker

O-I Glass

www.o-i.com

Estimated electricity consumption

N/A

Countries of production presence

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O-I Glass is a leading global manufacturer of glass containers, with operations in more than 20 countries across the world. The company has a long history of innovation and sustainability, and is committed to reducing its environmental impact through decarbonisation and the use of renewable energy.

One of O-I Glass's key priorities is to reduce its carbon footprint and transition to a low-carbon economy. The company has set ambitious targets to reduce its greenhouse gas emissions, including a goal to achieve net-zero emissions by 2050. To achieve this, O-I Glass is investing in a range of decarbonisation initiatives, including energy efficiency improvements, the use of renewable energy, and the development of new technologies and processes.

One of the ways that O-I Glass is reducing its carbon footprint is through the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power, to help power its operations. In addition, O-I Glass has signed corporate power purchase agreements (PPAs) with renewable energy providers, which allow the company to purchase renewable energy at a fixed price over a long-term period. These PPAs provide O-I Glass with a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

O-I Glass is also committed to improving its corporate energy efficiency, and has implemented a range of initiatives to reduce its energy consumption. These include the use of energy-efficient lighting and equipment, the implementation of energy management systems, and the adoption of best practices for energy management. By improving its energy efficiency, O-I Glass is able to reduce its energy costs, while also reducing its environmental impact.

In addition to its focus on decarbonisation and renewable energy, O-I Glass is also committed to sustainability more broadly. The company has a range of initiatives in place to reduce waste, conserve resources, and promote sustainable practices throughout its operations. For example, O-I Glass has implemented a closed-loop recycling system, which allows it to recycle glass containers and reuse them in its manufacturing process. This not only reduces waste, but also conserves resources and reduces the company's environmental impact.

Overall, O-I Glass is a leading global manufacturer of glass containers, with a strong commitment to sustainability and decarbonisation. The company is investing in a range of initiatives to reduce its carbon footprint, including the use of renewable energy, energy efficiency improvements, and the development of new technologies and processes. By taking a proactive approach to sustainability, O-I Glass is not only reducing its environmental impact, but also positioning itself for long-term success in a rapidly changing business environment.

✓ Science Based Targets member
✓ Declared Net Zero commitment