Using the market-based methodology outlined in the World Resource Institute’s GHG protocol, we assessed the Scope 1 and 2 emissions generated by our organization. Through this process, we measured the carbon emissions associated with the fuels we utilize for heating our buildings and backup generators (Scope 1 emissions) and the electricity we purchase to power our operations (Scope 2).
Electricity usage accounts for approximately 44% of our total energy consumption and approximately 68% of our total (Scope 1 and Scope 2) GHG emissions. In addition, renewable energy contributed 6.2% of our overall energy use in 2021, which is 10% higher than our renewable energy consumed in 2020.
Singapore Solar Energy Supply Contract
In 2020, we entered into a 25-year solar energy supply agreement at our MacDermid Enthone and Alpha Metals Singapore sites. We expect to install systems with a total of ~2,400 Gigajoule (GJ) of output per year which we anticipate will reduce carbon dioxide emissions of over 270 tons. Over the full term of the contract, we anticipate eliminating ~6,000 tons of carbon emissions.