Westlake Corporation Announces Plan to Reduce Carbon Emissions by 20% by 2030
Reuters
Aug 18
Westlake Corporation Announces Plan to Reduce Carbon Emissions by 20% by 2030
Westlake Corporation, listed on the NYSE under the ticker WLK, has announced advancements in its sustainability objectives aimed at reducing carbon emissions intensity by 20% by the year 2030, using a 2016 baseline. The company has entered into a multi-year agreement with a solar renewable-energy project that produces approximately 160,000 megawatt-hours of renewable energy annually. As part of this agreement, Westlake has acquired renewable energy certificates (RECs) to offset the electricity consumption of its operations. These efforts form part of Westlake's broader sustainability strategy to lower greenhouse gas emissions.
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