Sustainability

 

Carbon Zero

In July 2020, Southwire announced a goal to achieve 100% zero carbon energy for our operations by 2025 (2018 baseline). This objective—coined Carbon Zero—will address our Scope 1 and 2 greenhouse gas emissions. Southwire will achieve this goal through eco-efficiency projects to reduce energy consumption and increase the use of green energy—including owned or leased renewable energy sources, purchased green power and renewable energy credits and carbon offsets from the market. 
Under Carbon Zero, Southwire will continue to engage, build partnerships and collaborate with suppliers, customers and others to reduce our carbon footprint. Additional actions may include some or all the following:
 
  • Reduction of on-site energy use through efficiency and modernization efforts
  • Installation of on-site renewable energy sources such as solar
  • The use of power purchase agreements (PPAs) for on-site renewable applications
  • The use of virtual power purchase agreements (VPPAs) for off-site renewable applications
  • The purchase of renewable energy certificates (RECs)
  • The purchase of renewable power from utility providers
  • The purchase of carbon offsets 
  • Supporting the transition of our electricity and gas providers to low carbon energy sources
Southwire has not publicly announced a Scope 3 goal under our Carbon Zero initiative. However, we have set internal targets to reduce Scope 3 emissions, and we are actively engaged and building partnerships with suppliers, customers and other stakeholders to reduce our carbon footprint.

In 2020, Southwire began operation of the first solar installation at our corporate headquarters bringing the number of solar installations to three company-wide. The new solar canopy, electric vehicle charging stations and solar picnic tables are connected to the campus electrical system, which feeds the EV charging stations. The renewable energy generated from our solar projects demonstrate Southwire’s commitment to carbon zero by both helping to reduce Southwire’s carbon footprint and showcasing Southwire products as vital elements of the solar installations.

Global Sustainability Team

To help drive our overall sustainability efforts and our Carbon Zero strategy, Southwire’s cross-functional global sustainability team engages representatives from across the business to act as idea originators, and to provide guidance on company-wide sustainability efforts, including our Carbon Zero strategy. 

The team leads activities such as supplier and customer partnerships and product design/innovation to reduce impacts. The team is also responsible for raising awareness of company sustainability efforts and engaging with stakeholders to grow business, manage risks, enhance the organization and build social capital.


*Southwire uses a subscription software solution to consolidate GHGs (CO2, CH4, N2O, HFCs, PFCs, SF6 and NF3) into CO2e. Global Warming Potential (GWP) values for natural gas, propane, etc. are based on the IPCC Fifth Assessment Report, 2014 (AR5). All sites are under operational control.

Our subscription software consolidates GHGs (CO2, CH4, N2O, HFCs, PFCs, SF6 and NF3) into CO2e. Factors in the system are either based on US EPA eGRID factors (electricity) or in-country equivalent or the best estimate for international sites; GWP values for natural gas, propane, etc. are based on the IPCC Fifth Assessment Report, 2014 (AR5). All sites are under operational control.