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09-12-16
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Avery Dennison signs wind power purchase agreement

Avery Dennison Corporation has signed a wind power purchase agreement (PPA) with Apex Clean Energy to offset 50% of the company’s U.S.-based greenhouse gas emissions derived from electricity consumption, signaling commitment by Avery Dennison to renewable energy and energy efficient practices and technology.

Under the agreement with Apex’s Perryton Wind, a 299.91 MW wind energy project to be located in Ochiltree County, Texas, Avery Dennison will purchase 20 MW of renewable energy capacity.

The PPA is a key component of Avery Dennison’s 2025 sustainability goal to reduce absolute greenhouse gas emissions from its operations by at least three percent annually, and by at least 26 percent overall, between 2015 and 2025, made as part of the company’s new participation in World Wildlife Fund’s (WWF) Climate Savers Program. Perryton will be Apex’s fifth Texas wind farm, powering the equivalent of 108,000 U.S. homes. The facility will consist of 130 Siemens 2.307 MW turbines.

Avery Dennison is a global leader in labeling and packaging materials and solutions.