Nueva alianza: Toroto y Enlight

Enlight becomes Toroto's newest partner to achieve a net-zero value chain. Here's the press release:

Mexico City, August 24, 2021. Enlight, the largest solar panel company at an industrial level in Mexico, started an alliance with Toroto, a Mexican company that measures and evaluates greenhouse gas emissions to implement processes and technologies that allow companies to be carbon neutral. The objective of the alliance is to achieve a net-zero value chain through integrated solutions and an energy efficiency plan that considers clean sources of energy generation with photovoltaic and electrical energy storage systems. This coalition would potentially help hundreds of companies move towards sustainability.

Global leaders are already incorporating climate risk into their strategies: 20% of major multinational companies - equivalent to $14 trillion USD in annual sales - have announced plans to achieve net-zero by 2050, according to The Energy & Climate Intelligence unit and Oxford Net Zero.

"Resilience in supply chains requires organizations to look for holistic options to evaluate, analyze, propose, and implement solutions that neutralize CO2 emissions generated in their production processes. Therefore, the use of different clean energy sources (such as solar) and the generation and management of carbon credits are business strategies that contribute to making organizations sustainable," said Óscar García, Enlight executive in charge of the alliance.

The economic effects of being a sustainable brand is another one of the benefits of this alliance. According to NIELSEN, 71% of people in Latin America prefer to buy from or do business with socially and environmentally responsible companies. In this sense, the use of solar energy and the installation of solar panels notably improve the business's reputation and make it more attractive for loans or investments; a consumer may choose their offerings over others that do not have a responsible company label.

Likewise, as a key player in the sustainable value chain, companies are viable subjects for green financing, products, or services, driven mainly by the United Nations Environment Programme Finance Initiative (UNEP FI), which seeks to mobilize the financial support needed to build a zero-emissions global economy. In turn, the presentation of sustainability reports or performance reports in these areas contributes to the reputation of companies as well as to the value of their shares, if they are listed on the stock exchange.

The first challenge of an efficient energy transition is to decarbonize the electricity sector as much as possible, since this is the only alternative that improves energy efficiency. The most favorable way to achieve this in an immediate and competitive manner is through the use of renewable energies such as the installation of solar panels. Reducing carbon emissions promotes a reputation based on climate leadership, sustainable development, and the transition to a circular economy, which translates into a good image for any company that aims to be a socially responsible company (SRE).

"It is impossible to address the climate crisis if we do not measure and reduce the amount of greenhouse gases we send into the atmosphere. Seeking to reduce emissions without using solar energy is like entering a ring with one hand tied behind your back," said Gabriela Mena, COO of Toroto.

In addition to the positive ecological effects of reducing the carbon footprint, taking advantage of the inexhaustible energy of the sun supports the sustainability of companies as they progress to socially responsible, thus becoming beneficiaries of the Socially Responsible Company distinction, granted by the Mexican Center for Philanthropy and the Alliance for Corporate Social Responsibility in Mexico. Likewise, the implementation of sustainable practices in energy can grant the ISO 5001:2018 for energy efficiency, ISO 14001:2015 for Environmental Management and, above all, in conjunction with a holistic program to reduce emissions by 100%, the "Carbon Neutral" or "Net Zero" certification.

About Enlight

Enlight, a Mexican company with more than 10 years in the market, is a leader in the commercialization, design, installation, and maintenance of photovoltaic solar panel systems and energy storage systems in Mexico and a major player in Latin America.

The company serves the industrial sector through photovoltaic systems, that harness the sun's energy as a clean, inexhaustible, and cheaper source of electricity to drive the planet towards sustainability.

Enlight is a partner of ENGIE, the largest independent power producer on the planet with a presence in more than 70 countries, and ALLVP, the most active venture capital fund management firm in the country.

Enlight is a member of the National Solar Energy Association (ANES) and the Mexican Solar Energy Association (ASOLMEX), where it participates in the Board of Directors and chairs the Distributed Generation Committee.

One of the company's commitments is to provide technology to empower companies to save and drive the planet towards sustainability, joining efforts to achieve national and international clean energy production goals.