ABB is a leading Swiss multinational company that operates in the Power Transmission and Distribution Equipment sector. The company has been at the forefront of innovation in the energy industry for over a century, and has played a significant role in shaping the modern energy landscape. ABB's focus on decarbonisation and renewable energy has made it a key player in the global transition to a low-carbon economy.

ABB's commitment to decarbonisation is reflected in its corporate energy strategy. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. ABB's corporate energy strategy is based on three pillars: energy efficiency, renewable energy, and carbon reduction. The company has implemented a range of measures to improve energy efficiency across its operations, including the use of energy-efficient technologies and the implementation of energy management systems.

ABB is also committed to increasing its use of renewable energy. The company has set a target to source 100% of its electricity from renewable sources by 2030. ABB is investing in a range of renewable energy technologies, including wind, solar, and hydro power. The company is also exploring new technologies such as energy storage and smart grids, which will enable it to integrate renewable energy sources into the grid more effectively.

One of the key ways in which ABB is increasing its use of renewable energy is through corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a company and a renewable energy provider, in which the company agrees to purchase a set amount of renewable energy over a fixed period of time. ABB has signed a number of corporate PPAs with renewable energy providers around the world, enabling it to increase its use of renewable energy and reduce its carbon footprint.

In addition to its commitment to decarbonisation and renewable energy, ABB is also a leader in the development of innovative energy technologies. The company has a strong focus on research and development, and has invested heavily in the development of new technologies such as high-voltage direct current (HVDC) transmission systems and advanced energy storage solutions.

ABB's HVDC transmission systems are used to transport large amounts of electricity over long distances, with minimal losses. This technology is particularly well-suited to the transport of renewable energy from remote locations to population centers. ABB's energy storage solutions, meanwhile, enable the efficient storage of renewable energy, allowing it to be used when it is needed most.

ABB's commitment to decarbonisation and renewable energy has earned it a reputation as a leader in the energy industry. The company has received numerous awards and accolades for its sustainability initiatives, including recognition as one of the world's most sustainable companies by Corporate Knights.

In conclusion, ABB is a Swiss multinational company that operates in the Power Transmission and Distribution Equipment sector. The company is committed to decarbonisation and renewable energy, and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. ABB is investing in a range of renewable energy technologies, including wind, solar, and hydro power, and is exploring new technologies such as energy storage and smart grids. The company has also signed a number of corporate PPAs with renewable energy providers, enabling it to increase its use of renewable energy and reduce its carbon footprint. ABB's commitment to sustainability has earned it a reputation as a leader in the energy industry, and the company is well-positioned to play a key role in the global transition to a low-carbon economy.