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Green electricity refers to electrical energy generated from renewable sources such as wind power, photovoltaics, hydropower or biomass. Compared to the conventional electricity mix, it results in significantly lower greenhouse gas emissions – one of the key reasons why electricity from renewable sources is becoming increasingly important for companies worldwide.
For the Coroplast Group, green electricity is an important lever for reducing emissions associated with our electricity consumption. These so-called Scope 2 emissions arise from the purchase of externally generated energy, primarily electricity, and are included in our Corporate Carbon Footprint (CCF). By increasing our use of green electricity, we can significantly reduce these indirect emissions and take a major step closer to achieving the climate goals we have set for ourselves as the Coroplast Group.
Companies have several options for sourcing green electricity. One option is purchasing green electricity through special tariffs, where the electricity consumption is contractually linked to renewable energy. Another approach is using Power Purchase Agreements (PPAs) – long-term supply contracts with producers of renewable energy, such as wind or solar farms. Generating electricity on-site can also play an important role, for example through photovoltaic systems installed on company buildings.
Additionally, companies can use Energy Attribute Certificates (EACs) to provide transparency about the source of the renewable electricity they consume.
The most suitable option depends on specific conditions at each site, regional availability and the regulatory framework.
Several Coroplast Group locations have already transitioned to renewable energy. In Germany, the Coroplast Tape plant in Wuppertal has been using green electricity for years, as have our locations in Kunshan, China, where both Coroplast Tape and Coroflex operate. Since 2025, our plants in Poland have also joined the transition: there, the electricity consumption of the Coroflex and WeWire business units is accounted for as renewable energy through the use of Guarantees of Origin.
The Coroplast Group is also implementing further measures to reduce emissions in China. Starting in 2026, our WeWire site in Mianyang switches to green electricity, making another contribution to the company-wide transition to renewable energy.
This increasing transition to green electricity is not an isolated step for us, but part of our climate strategy to reduce CO₂ emissions group-wide. We follow the principle of “avoid, reduce, replace, compensate”: First and foremost, emissions are avoided or reduced through more efficient processes and technologies. These measures are complemented by the gradual switch from conventional energy to renewable sources.
By switching more plants to green electricity, we are implementing an important component of this company-wide strategy. As a result, the share of renewable energy in the Coroplast Group’s electricity mix continues to rise steadily.
On the Path to Even More Green Electricity
At the same time, we continuously examine which options for sourcing renewable energy at other locations are technically, economically and regulatorily viable.