Potential offtaker

Construcciones y Auxiliar de Ferrocarriles S.A.

www.caf.es

Estimated electricity consumption

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Countries of production presence

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Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) is a Spanish company that operates in the railroad rolling stock sector. The company was founded in 1917 and has since then been a leading manufacturer of railway vehicles, equipment, and systems. CAF has a global presence with operations in Europe, America, Asia, and Oceania. The company has a workforce of over 10,000 employees and has a turnover of over €2 billion.

CAF is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented various measures to achieve these targets. One of the key measures is the use of renewable energy sources. CAF has invested heavily in renewable energy technologies such as wind, solar, and hydroelectric power. The company has installed solar panels on the roofs of its facilities and has also built wind turbines to generate electricity. These initiatives have helped the company reduce its carbon emissions significantly.

In addition to using renewable energy, CAF has also implemented a corporate energy management system. The system helps the company monitor and manage its energy consumption and identify areas where energy efficiency can be improved. The system has enabled CAF to reduce its energy consumption and carbon emissions while also saving costs.

Another initiative that CAF has undertaken to reduce its carbon footprint is the implementation of corporate power purchase agreements (PPAs). PPAs are long-term contracts that allow companies to purchase renewable energy directly from the source. CAF has signed several PPAs with renewable energy providers, which has enabled the company to reduce its reliance on fossil fuels and increase its use of renewable energy.

CAF's commitment to decarbonisation and renewable energy has not only helped the company reduce its carbon footprint but has also positioned it as a leader in sustainable business practices. The company has received several awards and recognitions for its efforts in sustainability.

In conclusion, CAF is a Spanish company that operates in the railroad rolling stock sector. The company is committed to decarbonisation and has implemented various measures to reduce its carbon footprint. CAF has invested heavily in renewable energy technologies, implemented a corporate energy management system, and signed corporate PPAs with renewable energy providers. These initiatives have enabled the company to reduce its carbon emissions significantly while also saving costs. CAF's commitment to sustainability has positioned it as a leader in sustainable business practices and has earned the company several awards and recognitions.

✓ Science Based Targets member
✓ Declared Net Zero commitment