Element Markets Renewable Energy, LLC a wholly-owned subsidiary of Element Markets, LLC, has completed a major sale of biogas to Interface, the world’s largest manufacturer of commercial carpet tile and a leader in sustainable business, to help the company come closer to reaching its goal of 100% renewable energy use.
As part of the deal, Element Markets sources and delivers biogas to Interface for use at its US manufacturing sites. Terms of the deal were not announced. The emission reductions from the biogas would qualify as verifiable Scope 1 reductions under the Carbon Disclosure Project (CDP). In the Americas, Interface’s manufacturing sites are operating on 96% renewable energy, mainly due to biogas used to meet thermal energy needs at its flagship operations in Troup County, Georgia. The company’s global renewable energy usage sits at 84%, according to company data.
“We know that sustainability leaders like Interface are eager to find renewable sources including biogas in order to meet their own publicly stated renewable energy goals,” said Randall Lack, Founder & Chief Marketing Offer. “As organizations look to reduce their greenhouse gas emissions and become better stewards of the environment, we do the hard work to source and deliver the right renewable options so that they can stay focused on their primary businesses.”
Interface has worked over the past several years to shift its energy mix away from fossil fuels and toward renewable energy. Specifically, the company began using renewable biogas in 2015 that now makes up 53% of the company’s renewable energy profile in the US. That push has been driven by its Mission Zero commitment that aims to source 100% of the company’s energy from renewable sources by 2020.
“Element Markets brought the expertise Interface needed to take the next step in our renewable energy shift,” said Buddy Hay, assistant vice president, Sustainable Strategies for Interface. “In the US we’re at 96% renewable energy use, bringing us within striking distance of our Mission Zero targets.”
About Element Markets, LLC
Element Markets is a leading renewable natural gas marketing and environmental commodities company that applies its diverse expertise to provide structured environmental compliance and optimization services to prominent corporate and institutional clients. The company has a long history within the emissions, carbon, renewable energy credit, biogas and renewable fuel credit markets. The company has twice been named as the “Emissions House of the Year” by Energy Risk Magazine. Element Markets is headquartered in Houston, Texas and more information about the company is available at www.elementmarkets.com.