{"id":419937,"date":"2021-01-25T06:33:11","date_gmt":"2021-01-25T11:33:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=419937"},"modified":"2021-01-25T06:33:11","modified_gmt":"2021-01-25T11:33:11","slug":"clorox-achieves-goal-of-100-renewable-electricity-for-u-s-and-canada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/clorox-achieves-goal-of-100-renewable-electricity-for-u-s-and-canada\/","title":{"rendered":"Clorox Achieves Goal of 100% Renewable Electricity for U.S. and Canada"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n OAKLAND, Calif.<\/span>, Jan. 25, 2021<\/span> \/PRNewswire\/ —\u00a0The Clorox Company (NYSE:CLX) announced today that it has achieved its goal of 100% renewable electricity for its U.S. and Canadian operations four years earlier than originally planned. One of Clorox’s ESG (environmental, social and governance) goals, achieving 100% renewable electricity for U.S. and Canada<\/span> reflects the company’s long-time commitment to climate stewardship.<\/p>\n

“At Clorox, we feel a sense of urgency to address climate change given current warming trends resulting in significant impacts on our planet and global communities,” said Ed Huber<\/span>, Clorox’s Chief Sustainability Officer. “As a society, we’re at a pivotal point, with the health and well-being of future generations at stake. We recognize businesses play an important role in driving needed progress, and Clorox is committed to doing our part.”<\/p>\n

Moving forward, Clorox will maintain its renewable electricity goal through a virtual power purchase agreement (VPPA) and other market purchases of renewable energy credits (RECs). The VPPA is a 12-year commitment to purchase 70 MW of renewable energy annually from Enel Green Power’s<\/span> Roadrunner solar project in Texas.\u00a0The Roadrunner solar plant began operating in 2020 as the largest solar plant in Texas<\/span>.<\/p>\n

Based on Clorox’s historical electricity consumption, these renewable energy purchases are estimated to avoid approximately 180,000 metric tons of CO2 emissions each year. This is equivalent to the annual impact that 235,000 acres of U.S. forest can have in removing CO2 from the atmosphere, or the carbon impact of the electricity needed to power 30,000 U.S. homes annually.1<\/sup><\/p>\n

Clorox was advised by Schneider Electric Energy & Sustainability Services on the VPPA and additional REC purchases.<\/p>\n

Clorox’s renewable electricity goal is one of the ESG commitments made as part of its corporate strategy called IGNITE. More information about Clorox’s IGNITE ESG goals, including a commitment to setting and achieving science-based targets for greenhouse gas emissions for operations and supply chain, can be found here<\/a>. <\/p>\n

\n The Clorox Company<\/b>\n <\/p>\n

The\u00a0Clorox Company\u00a0(NYSE:\u00a0CLX) is a leading multinational manufacturer and marketer of consumer and professional products with about 8,800 employees worldwide and fiscal year 2020 sales of\u00a0$6.7 billion. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products; Pine-Sol\u00ae<\/sup>\u00a0cleaners; Liquid-Plumr\u00ae<\/sup>\u00a0clog removers; Poett\u00ae<\/sup>\u00a0home care products; Fresh Step\u00ae<\/sup>\u00a0cat litter; Glad\u00ae<\/sup>\u00a0bags and wraps; Kingsford\u00ae<\/sup>\u00a0charcoal;\u00a0Hidden Valley\u00ae<\/sup>\u00a0dressings and sauces; Brita\u00ae<\/sup>\u00a0water-filtration products;\u00a0Burt’s Bees\u00ae<\/sup>\u00a0natural personal care products; and RenewLife\u00ae<\/sup>, Rainbow Light\u00ae<\/sup>, Natural Vitality Calm\u2122, NeoCell\u00ae<\/sup>\u00a0and Stop Aging Now\u00ae vitamins, minerals and supplements. The company also markets industry-leading products and technologies for professional customers, including those sold under the CloroxPro\u2122 and Clorox Healthcare\u00ae<\/sup>\u00a0brand names. More than 80% of the company’s sales are generated from brands that hold the\u00a0No. 1\u00a0or No. 2 market share positions in their categories.<\/p>\n

Clorox is a signatory of the United Nations Global Compact and the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment. The company has been broadly recognized for its corporate responsibility efforts, named to the 2020 Axios Harris Poll 100 reputation rankings, Barron’s 2020 100 Most Sustainable Companies list, and the Human Rights Campaign’s 2020 Corporate Equality Index, among others. In support of its communities, The Clorox Company\u00a0and\u00a0its foundations contributed more than $25<\/span> million\u00a0in combined cash grants, product\u00a0donations\u00a0and cause marketing in\u00a0fiscal year\u00a02020. For more information, visit TheCloroxCompany.com<\/a>, including the\u00a0Good Growth blog, and follow the company on Twitter at @CloroxCo.<\/p>\n

CLX-C<\/p>\n

\n 1<\/sup> Emissions equivalencies calculated using The U.S. EPA Greenhouse Gas Equivalencies Calculator, which is based on national averages and can be found at https:\/\/www.epa.gov\/energy\/greenhouse-gas-equivalencies-calculator<\/a><\/p>\n

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\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/clorox-achieves-goal-of-100-renewable-electricity-for-us-and-canada-301213397.html<\/a><\/p>\n

SOURCE The Clorox Company<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire OAKLAND, Calif., Jan. 25, 2021 \/PRNewswire\/ —\u00a0The Clorox Company (NYSE:CLX) announced today that it has achieved its goal of 100% renewable electricity for its U.S. and Canadian operations four years earlier than originally planned. One of Clorox’s ESG (environmental, social and governance) goals, achieving 100% renewable electricity for U.S. and Canada reflects the company’s long-time commitment to climate stewardship. “At Clorox, we feel a sense of urgency to address climate change given current warming trends resulting in significant impacts on our planet and global communities,” said Ed Huber, Clorox’s Chief Sustainability Officer. “As a society, we’re at a pivotal point, with the health and well-being of future generations at stake. We recognize businesses play an important role in … <\/p>\n

Continue reading “Clorox Achieves Goal of 100% Renewable Electricity for U.S. and Canada”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-419937","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nClorox Achieves Goal of 100% Renewable Electricity for U.S. and Canada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/clorox-achieves-goal-of-100-renewable-electricity-for-u-s-and-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clorox Achieves Goal of 100% Renewable Electricity for U.S. and Canada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire OAKLAND, Calif., Jan. 25, 2021 \/PRNewswire\/ —\u00a0The Clorox Company (NYSE:CLX) announced today that it has achieved its goal of 100% renewable electricity for its U.S. and Canadian operations four years earlier than originally planned. 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