Potential offtaker

Alfa Laval AB

www.alfalaval.in

Estimated electricity consumption

N/A

Countries of production presence

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ALFA LAVAL AB is a Swedish company that operates in the Diversified Industrials sector. It was founded in 1883 and has since then become a global leader in the production of equipment and solutions for heat transfer, separation, and fluid handling. The company has a strong focus on sustainability and decarbonisation, which is reflected in its corporate energy strategy and its commitment to renewable energy.

Decarbonisation is a key priority for ALFA LAVAL AB, and the company has set ambitious targets to reduce its carbon footprint. In 2020, ALFA LAVAL AB announced its commitment to become carbon neutral by 2030, which means that it aims to eliminate all greenhouse gas emissions from its operations and products. To achieve this goal, the company has implemented a range of measures, including energy efficiency improvements, renewable energy sourcing, and carbon offsetting.

One of the key elements of ALFA LAVAL AB's decarbonisation strategy is its corporate energy program. The program focuses on increasing energy efficiency and reducing energy consumption across the company's operations. This includes measures such as upgrading equipment and systems, optimizing production processes, and implementing energy management systems. By improving energy efficiency, ALFA LAVAL AB aims to reduce its carbon footprint and lower its energy costs.

Another important aspect of ALFA LAVAL AB's decarbonisation strategy is its commitment to renewable energy. The company has set a target to source 100% of its electricity from renewable sources by 2023. To achieve this goal, ALFA LAVAL AB has invested in a range of renewable energy projects, including wind and solar power. The company has also implemented a corporate power purchase agreement (PPA) to secure renewable energy supply for its operations. The PPA enables ALFA LAVAL AB to purchase renewable energy directly from a wind farm, which helps to reduce its carbon footprint and support the development of renewable energy infrastructure.

ALFA LAVAL AB's commitment to renewable energy is also reflected in its product portfolio. The company offers a range of solutions for renewable energy production, including heat exchangers for solar thermal systems, separators for biogas production, and pumps for geothermal energy production. By providing these solutions, ALFA LAVAL AB is supporting the transition to a low-carbon economy and helping its customers to reduce their carbon footprint.

In addition to its decarbonisation efforts, ALFA LAVAL AB is also committed to corporate social responsibility (CSR) and sustainable business practices. The company has implemented a range of CSR initiatives, including a code of conduct for suppliers, a human rights policy, and a diversity and inclusion program. ALFA LAVAL AB also supports community development projects in the areas where it operates, such as education and healthcare initiatives.

In conclusion, ALFA LAVAL AB is a Swedish company that operates in the Diversified Industrials sector. The company has a strong focus on sustainability and decarbonisation, which is reflected in its corporate energy strategy and its commitment to renewable energy. ALFA LAVAL AB has set ambitious targets to reduce its carbon footprint and become carbon neutral by 2030. The company has implemented a range of measures to achieve this goal, including energy efficiency improvements, renewable energy sourcing, and carbon offsetting. ALFA LAVAL AB is also committed to CSR and sustainable business practices, and supports community development projects in the areas where it operates.

✓ Declared Net Zero commitment