Bodycote plc is a leading provider of heat treatment and specialist thermal processing services to a diverse range of industries across the globe. The company, which is headquartered in Macclesfield, United Kingdom, has a presence in over 30 countries and operates a network of more than 180 facilities.

Bodycote's services include heat treatment, metal joining, surface technology, and hot isostatic pressing. These processes are used to improve the properties of metals and alloys, such as hardness, strength, and durability, and to enhance their resistance to wear, corrosion, and fatigue. Bodycote's customers come from a wide range of sectors, including aerospace, automotive, energy, medical, and defense.

As a company operating in the metal coating and treating sector, Bodycote is aware of the environmental impact of its operations and is committed to reducing its carbon footprint. The company has set a target to reduce its carbon emissions by 30% by 2030, in line with the Paris Agreement's goal of limiting global warming to below 2°C.

To achieve this target, Bodycote is implementing a range of decarbonisation measures, including the use of renewable energy sources and the adoption of energy-efficient technologies. The company is also exploring the potential of corporate power purchase agreements (PPAs) to source renewable energy directly from generators.

Corporate PPAs are long-term contracts between a company and a renewable energy generator, typically a wind or solar farm. Under a PPA, the company agrees to purchase a certain amount of electricity from the generator at a fixed price over a period of years. This provides the generator with a stable revenue stream, which can help to finance new renewable energy projects, while the company benefits from a reliable and cost-effective source of renewable energy.

Bodycote has already signed a PPA with a wind farm in Scotland, which will provide the company with 10% of its UK electricity consumption. The PPA will help to reduce Bodycote's carbon emissions by around 5,000 tonnes per year, equivalent to taking 1,000 cars off the road.

In addition to its renewable energy initiatives, Bodycote is also implementing a range of energy efficiency measures across its operations. These include the installation of LED lighting, the optimization of heating and cooling systems, and the use of energy-efficient equipment.

Bodycote's commitment to corporate energy and decarbonisation is reflected in its inclusion in the FTSE4Good Index, which measures the performance of companies that meet globally recognized environmental, social, and governance (ESG) standards. The company has also been recognized by the Carbon Trust for its efforts to reduce carbon emissions.

In conclusion, Bodycote plc is a leading provider of heat treatment and specialist thermal processing services to a diverse range of industries across the globe. The company is committed to reducing its carbon footprint and is implementing a range of decarbonisation measures, including the use of renewable energy sources and the adoption of energy-efficient technologies. Bodycote's adoption of corporate PPAs is a key part of its strategy to source renewable energy directly from generators, and the company's inclusion in the FTSE4Good Index and recognition by the Carbon Trust demonstrate its commitment to environmental sustainability.