Stoneridge Ushers in a New Era of Renewable Energy at Lexington Facility
Stoneridge, Inc., a prominent manufacturer known for its cutting-edge electrical and electronic systems, has recently taken a significant step towards sustainability. The company's recent announcement has sparked interest in the industry: a three-year agreement with NRG Energy's brand, Direct Energy, to exclusively fund the electricity requirements for its manufacturing facility located in Lexington, Ohio, through 100% renewable energy.
This undertaking marks a pivotal move in Stoneridge's commitment to ambiental sustainability. Jim Zizelman, the President and CEO of Stoneridge, underscored the importance of this transition by stating,
"Transitioning to renewable energy is an important step in our sustainability journey. This agreement reflects our ongoing commitment to environmental responsibility while ensuring operational efficiency at our Lexington facility."
The Agreement Details
Under this partnership, Stoneridge will source Renewable Energy Certificates (RECs) from a dedicated wind facility. This strategy is expected to yield over
13,000 megawatt-hours (MWh) of clean electricity annually, a reduction equivalent to eliminating approximately
13.5 million pounds of carbon dioxide (CO₂) from the environment every year.
These statistics highlight the substantial impact of transitioning to renewable energy, resonating with Stoneridge's mission to mitigate its carbon footprint and enhance its sustainability practices.
Global Sustainability Efforts
The shift to renewable energy isn’t limited to the Lexington facility. Stoneridge is working globally towards sustainability across its operations. Their facilities in distances like
Manaus, Brazil,
Tallinn, Estonia, and
Örebro, Sweden have already adopted low-carbon or green energy alternatives, reinforcing the company's commitment to global sustainable practices.
Stoneridge's enhanced sustainability policies not only benefit the environment but also set an example for industry standards, emphasizing the significance of eco-friendly practices in manufacturing processes. As businesses worldwide begin to face increased scrutiny over their environmental impact, Stoneridge is paving the way for substantial change.
Looking Forward
As industries evolve, the importance of sustainability in corporate structure grows every day. Stoneridge's partnership with Direct Energy marks a stride forward in establishing environmentally friendly practices as core company values. The initiative aligns with the growing trend of companies prioritizing sustainability, resulting in potential long-term benefits for both the environment and the business's operational efficiency.
In conclusion, Stoneridge’s dedication to renewable energy not only signifies its role as a responsible corporate entity but also reinforces the importance of making systematic changes towards a more sustainable future. Their efforts can inspire other companies to reevaluate and enhance their sustainability policies in the pursuit of operational efficacy and environmental stewardship.
For further insights on Stoneridge's sustainability initiatives, readers are encouraged to visit the company's dedicated sustainability site.
About Stoneridge, Inc.
Headquartered in Novi, Michigan, Stoneridge, Inc. specializes in designing and manufacturing highly engineered electrical and electronic systems, components, and modules for automotive and commercial vehicles. More information about their expansive range of products and initiatives can be found at
www.stoneridge.com.