Stellantis Teams with Michigan’s DTE to Advance Renewable Energy Goals
Automaker Stellantis NV said on Monday it will power 70 of its facilities in Michigan entirely with solar energy by 2026 through a partnership with DTE Energy Co., the state’s largest producer of renewable energy.
The partnership is a part of Stellantis’s goal to achieve “carbon net zero globally” by 2038 and comes at a time when businesses are under pressure to cut their environmental impact.
See related article: Stellantis Targets $1.9 Billion in Recycling Revenue by 2030
It will help reduce the automaker’s carbon emissions in North America by half and across its manufacturing facilities by 30% by 2026.
Earlier this year, Ford Motor Co also signed a pact with DTE to source solar power for the carmaker’s operations.
Source: Reuters
The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.
