Essentra Components, a pioneering provider of essential industrial components, has completed work on installing solar panels at its global headquarters in Kidlington, Oxford, UK.
Essentra believes that the installation of the solar panels will support the business to make its direct operations net zero by 2040, and its goal to reduce GHG emissions by 50% by 2030, from its 2019 baseline. The company has also installed 8 EV chargers on site. The completed solar installation provides Essentra with immediate savings on energy costs.
Reducing carbon emissions
Jennifer Spence, ESG Director at Essentra, says that the solar panels reflect Essentra's continued sustainability drive: “We have created a long-term framework for reducing our carbon emissions. These solar panels directly support our commitment to reach net-zero in direct operations by 2040."
“We will continue to make investments across our sites that meet our business strategy objectives and support our sustainability pledges.”
Zestec Renewable Energy’s PPA model
The solar panels offer 815.40kW power with a predicted annual yield of 935.95kWp
Essentra partnered with Zestec to install the solar PV system, which was funded through Zestec Renewable Energy’s Power Purchase Agreement (PPA) model, and delivered by LCS Energy. The solar panels offer 815.40kW power with a predicted annual yield of 935.95kWp.
Chris Butler, Operations Director at Kidlington, adds: “This partnership with Zestec to install solar panels at Kidlington will not only provide us with significant, day one cost savings, but also offer us on-site renewable power, and supports our drive to net zero.”
CDP score for supplier engagement
Kidlington is the latest Essentra site to install solar panels, following the successful installation at its manufacturing sites in Ningbo, China, Rayong, Thailand, and Yichun, China.
Essentra recently scored an impressive A for its 2024 CDP score for supplier engagement, reflecting the company's performance on governance, targets, Scope 3 emissions, and supplier engagement practices. As a result, Essentra is now on the CDP Supplier Engagement Assessment (SEA) A-list.
