- GKN Automotive has signed a Virtual Power Purchase Agreement (VPPA) with Recurrent Energy covering 65% of its European electricity load
- This development is a key step in the company’s SBTi-approved targets to reduce its direct Greenhouse Gas (GHG) emissions (Scope 1 and 2) by 45% by 2030 and achieve net zero across the entire value chain by 2045
- The agreement facilitates the supply of approximately 2 million megawatt-hours (MWh) of renewable electricity to the European grid over a 10-year period
LONDON, July 10, 2024 (GLOBE NEWSWIRE) — GKN Automotive, the global leader in drive…