Potential offtaker

Diploma PLC

www.diplomaplc.com

Estimated electricity consumption

N/A

Countries of production presence

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Diploma PLC is a United Kingdom-based company that operates in the Mechanical Rubber Products sector. The company has a strong focus on decarbonisation and renewable energy, and has made significant strides in reducing its carbon footprint through the implementation of corporate energy strategies and the use of corporate power purchase agreements (PPAs).

Founded in 1931, Diploma PLC has a long history of providing high-quality mechanical rubber products to customers across a range of industries, including aerospace, automotive, and construction. The company has a global presence, with operations in Europe, North America, and Asia-Pacific.

In recent years, Diploma PLC has placed a strong emphasis on decarbonisation and reducing its environmental impact. The company has set ambitious targets to reduce its carbon emissions and has implemented a range of measures to achieve these goals.

One of the key strategies that Diploma PLC has adopted is the use of corporate energy. This involves the company taking control of its energy supply and using renewable sources of energy to power its operations. By generating its own energy, Diploma PLC is able to reduce its reliance on fossil fuels and lower its carbon emissions.

To achieve this, the company has invested in a range of renewable energy technologies, including solar panels and wind turbines. These technologies allow Diploma PLC to generate its own electricity, reducing its reliance on the grid and lowering its carbon footprint.

In addition to generating its own energy, Diploma PLC has also implemented a range of energy efficiency measures to reduce its overall energy consumption. This includes the installation of energy-efficient lighting and heating systems, as well as the use of smart building technologies to optimise energy use.

Another key strategy that Diploma PLC has adopted is the use of corporate power purchase agreements (PPAs). These agreements allow the company to purchase renewable energy directly from energy providers, often at a lower cost than traditional energy sources.

By using PPAs, Diploma PLC is able to reduce its carbon emissions and support the growth of renewable energy. The company has signed a number of PPAs with renewable energy providers, including wind and solar power companies, and is committed to increasing its use of renewable energy in the future.

Overall, Diploma PLC is a company that is committed to decarbonisation and reducing its environmental impact. Through the use of corporate energy and PPAs, the company is able to generate its own renewable energy and reduce its reliance on fossil fuels. With a strong focus on sustainability, Diploma PLC is well-positioned to continue to grow and thrive in the Mechanical Rubber Products sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment