Alstom
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Alstom is a leading French company that operates in the railroad rolling stock sector. The company has a rich history that dates back to 1928 when it was founded in Alsace, France. Over the years, Alstom has grown to become a global leader in the design, manufacture, and maintenance of railway equipment, systems, and services. The company has a strong presence in Europe, Asia, Africa, and the Americas, with over 75,000 employees working in more than 60 countries.
One of the key areas of focus for Alstom in recent years has been decarbonisation. The company has recognised the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy. As a result, Alstom has made significant investments in developing sustainable solutions for the transportation sector. The company has been at the forefront of developing innovative technologies that enable rail transport to be more energy-efficient and environmentally friendly.
One of the ways that Alstom has been driving decarbonisation is through its corporate energy strategy. The company has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy sources. Alstom has committed to reducing its carbon emissions by 25% by 2025 and achieving carbon neutrality by 2030. To achieve these goals, the company has implemented a range of measures, including energy-efficient buildings, renewable energy installations, and the use of electric vehicles.
Another key aspect of Alstom's corporate energy strategy is the use of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for the purchase of renewable energy. Alstom has signed several PPAs with renewable energy providers to ensure a reliable and sustainable source of energy for its operations. The company has also invested in renewable energy projects, including wind and solar farms, to increase its renewable energy capacity.
Alstom's commitment to renewable energy is also evident in its products and services. The company has developed a range of innovative solutions that enable rail transport to be powered by renewable energy. For example, Alstom's Coradia iLint is the world's first hydrogen-powered passenger train. The train emits only water and steam, making it an environmentally friendly alternative to diesel-powered trains. Alstom has also developed a range of electric trains that are powered by renewable energy sources, such as wind and solar.
In addition to its focus on decarbonisation and renewable energy, Alstom is also committed to sustainability and social responsibility. The company has a strong corporate social responsibility (CSR) program that focuses on environmental protection, social inclusion, and ethical business practices. Alstom has set ambitious targets to reduce its environmental impact, including reducing waste and water consumption, and increasing the use of sustainable materials.
Alstom's commitment to sustainability is also evident in its supply chain management. The company has implemented a sustainable procurement policy that requires suppliers to adhere to strict environmental and social standards. Alstom works closely with its suppliers to ensure that they meet these standards and has established a supplier sustainability rating system to monitor their performance.
Overall, Alstom is a leading French company that operates in the railroad rolling stock sector. The company has a strong focus on decarbonisation, renewable energy, and sustainability, and has made significant investments in developing innovative solutions for the transportation sector. Alstom's commitment to corporate energy, corporate PPAs, and renewable energy is evident in its products, services, and operations, and the company is well-positioned to drive the transition to a low-carbon economy.