Potential offtaker

Ciech SA

www.ciech.com

Estimated electricity consumption

N/A

Countries of production presence

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CIECH S.A. is a leading Polish company that specializes in the production of inorganic base chemicals. The company has a long history, dating back to 1945 when it was founded as a state-owned enterprise. Today, CIECH S.A. is a publicly traded company listed on the Warsaw Stock Exchange, with a market capitalization of over PLN 2 billion.

CIECH S.A. operates in the inorganic base chemicals sector, which includes the production of soda ash, salt, and other chemical products. The company has a diversified portfolio of products, which are used in a wide range of industries, including glass, detergents, and food processing.

One of the key priorities for CIECH S.A. is decarbonisation. The company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impact of climate change. To this end, CIECH S.A. has implemented a number of measures to reduce its carbon footprint and transition to a low-carbon economy.

One of the most significant steps taken by CIECH S.A. in this regard is the adoption of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power. These projects have helped CIECH S.A. to reduce its reliance on fossil fuels and lower its carbon emissions.

In addition to renewable energy, CIECH S.A. has also implemented a corporate energy management program. This program involves the monitoring and optimization of energy consumption across the company's operations. By identifying areas of inefficiency and implementing energy-saving measures, CIECH S.A. has been able to reduce its energy consumption and lower its carbon footprint.

Another important aspect of CIECH S.A.'s decarbonisation strategy is the use of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for electricity over a specified period. By entering into PPAs, CIECH S.A. is able to secure a reliable and affordable source of renewable energy, while also supporting the growth of the renewable energy sector.

CIECH S.A. is committed to sustainability and responsible business practices. The company has implemented a number of initiatives to promote environmental and social responsibility, including the adoption of the United Nations Global Compact and the implementation of a sustainable supply chain program.

In addition to its focus on decarbonisation, CIECH S.A. is also committed to innovation and growth. The company invests heavily in research and development, with a particular focus on developing new and innovative products. CIECH S.A. also seeks to expand its operations through strategic acquisitions and partnerships.

Overall, CIECH S.A. is a leading Polish company that operates in the inorganic base chemicals sector. The company is committed to decarbonisation and has implemented a range of measures to reduce its carbon footprint and transition to a low-carbon economy. Through its focus on renewable energy, corporate energy management, and corporate PPAs, CIECH S.A. is leading the way in sustainable business practices.

✓ Science Based Targets member
✓ Declared Net Zero commitment