Potential offtaker

Allegion PLC

www.allegion.com

Estimated electricity consumption

N/A

Countries of production presence

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Allegion plc is a leading global provider of security products and solutions. The company is headquartered in Dublin, Ireland, and operates in more than 130 countries worldwide. Allegion offers a wide range of security products, including locks, door closers, exit devices, access control systems, and electronic security solutions.

As a global leader in the security systems sector, Allegion is committed to sustainability and decarbonisation. The company is actively working to reduce its carbon footprint and promote the use of renewable energy. Allegion has set ambitious targets to reduce its greenhouse gas emissions and is committed to achieving net-zero emissions by 2050.

One of the key ways that Allegion is working towards decarbonisation is through its corporate energy strategy. The company is focused on reducing its energy consumption and increasing its use of renewable energy sources. Allegion has implemented a number of energy efficiency measures across its facilities, including upgrading lighting systems, installing energy-efficient HVAC systems, and optimizing production processes.

In addition to reducing its energy consumption, Allegion is also investing in renewable energy. The company has entered into corporate power purchase agreements (PPAs) to source renewable energy for its operations. These agreements allow Allegion to purchase renewable energy directly from wind and solar projects, reducing its reliance on fossil fuels and supporting the growth of renewable energy.

Allegion's commitment to renewable energy is also evident in its investment in solar power. The company has installed solar panels at several of its facilities, including its manufacturing plant in Oud-Beijerland, Netherlands. These solar panels generate clean energy and help to reduce the company's carbon footprint.

Allegion's commitment to sustainability extends beyond its own operations. The company is also working to promote sustainability throughout its supply chain. Allegion has implemented a supplier code of conduct that requires its suppliers to meet certain environmental and social standards. The company also works with its suppliers to identify opportunities for energy efficiency and renewable energy.

In addition to its focus on sustainability, Allegion is also committed to innovation and technology. The company is constantly developing new products and solutions to meet the evolving needs of its customers. Allegion's electronic security solutions, for example, leverage the latest technology to provide advanced access control and security features.

Overall, Allegion plc is a leading global provider of security products and solutions that is committed to sustainability and decarbonisation. The company's focus on reducing its energy consumption, investing in renewable energy, and promoting sustainability throughout its supply chain demonstrates its commitment to creating a more sustainable future. With its innovative products and solutions, Allegion is well-positioned to continue leading the way in the security systems sector while also advancing sustainability and decarbonisation.

✓ Declared Net Zero commitment