We have a detailed roadmap for reducing our facilities’ baseline energy use and our Scope 1—direct emissions from sources we own or control—and Scope 2—indirect emissions from purchased energy—GHG emissions.
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We are targeting a 15% reduction in energy intensity (normalized against revenue) by 2024 and a 50% reduction in greenhouse gas (GHG) intensity (normalized against revenue) by 2030, both compared to our 2021 baseline. In 2023, we achieved a 12.7% reduction in energy intensity and a 27.2% reduction in greenhouse gas (GHG) intensity.
We conducted energy maturity assessments on especially energy-intensive facilities, exploring a range of potential energy reduction projects and scoring them on impact, cost and complexity. We use the data gathered during the energy maturity assessments to prioritize investments in energy efficiency projects and equipment. These insights drove the decision to make the LED lighting upgrade initiative a primary focus of our energy-use reduction efforts in 2023. Additional projects we are pursuing include improving the efficiency of compressed air, HVAC and steam systems.
To increase associate engagement in these efforts, we launched an Operational Sustainability Council. Led by the sustainability team, with oversight by Zurn Elkay’s president, the Council includes plant managers, business unit leaders, maintenance staff and other key associates. The council meets quarterly to review current energy metrics and ongoing projects, review progress on completed projects, share best practices and provide general updates on the ESG landscape.
Renewable energy procurement is another key step of our greenhouse gas (GHG) reduction roadmap. We purchase renewable energy credits (RECs) at several of our facilities and operate a rooftop solar array at our Paso Robles, CA facility. In 2023, we set a new target to source at least 25% of our electricity from renewable sources by 2030. We continue to investigate other opportunities for renewable electricity procurement across all of our facilities.