TAGS: Sustainability / Natural Coatings Automotive Coatings
BASF Shanghai Coatings Minhang and Caojing sites in Shanghai, and BASF Coatings’ resin plant in Caojing, Shanghai, announces the use of 100% renewable energy usage across its operations in 2023. This moves BASF’s Coatings division one step closer to its global sustainability targets on carbon reduction, material efficiency and safe and sustainable solutions.
Minimizing Carbon Footprint to Achieve Net Zero Target
Through combination of Renewable Direct Power Purchase (R-DPP), purchase of I-REC international renewable energy certificate and other measures, it’s estimated that BASF
Automotive OEM Coatings will reduce the equivalent of approximately 19,000 tons of carbon emissions through the end of 2023 in China.
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Sustainability is firmly anchored in our company strategy. We are proud to be one of the industry leaders to fully use renewable energy across our operations. It helps us to minimize the carbon footprint and further demonstrates BASF’s commitment to its net zero target,” said Jack Zou, Vice president, Automotive OEM Coatings Asia Pacific, BASF.
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As a leading OEM coatings supplier in the automotive industry, we aim to meet the rapidly increasing sustainability expectations of our customers from OEMs and automotive component suppliers,” added Zou.
BASF’s climate goal is to reduce its CO
2 emissions by 25 percent by 2030 compared with 2018 and achieve net zero CO
2 emissions by 2050. Increasing the use of renewable energy at its sites, including the headquarters in Münster, Germany, is a good example of how BASF Coatings explores innovative technologies and solutions to reduce climate impact and helps its customers to reduce the carbon footprint across the entire value chain.
Source: BASF