Potential offtaker

ElringKlinger AG

www.elringklinger.de

Estimated electricity consumption

N/A

Countries of production presence

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ElringKlinger AG is a German-based company that operates in the gasoline engines and engine parts sector. The company has been in existence for over 140 years and has established itself as a leading supplier of engine parts and components to the automotive industry. Over the years, ElringKlinger has evolved to become a major player in the global automotive market, with a strong focus on sustainability and decarbonisation.

Decarbonisation is a key focus area for ElringKlinger. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this goal. ElringKlinger has implemented a number of initiatives to reduce its carbon emissions, including the use of renewable energy sources, the adoption of energy-efficient technologies, and the implementation of sustainable business practices.

One of the key initiatives that ElringKlinger has undertaken to reduce its carbon footprint is the implementation of corporate energy management. The company has established an energy management system that enables it to monitor and manage its energy consumption across all its operations. This system has enabled ElringKlinger to identify areas where it can reduce its energy consumption and implement measures to achieve this goal.

Another important initiative that ElringKlinger has undertaken to reduce its carbon footprint is the adoption of renewable energy sources. The company has invested in renewable energy projects, such as wind and solar power, to generate clean energy for its operations. ElringKlinger has also implemented a corporate power purchase agreement (PPA) to purchase renewable energy from external sources. This has enabled the company to reduce its reliance on fossil fuels and transition to a more sustainable energy mix.

ElringKlinger's commitment to sustainability is also evident in its product portfolio. The company has developed a range of products that are designed to reduce emissions and improve fuel efficiency. These products include lightweight components, such as cylinder head gaskets and exhaust systems, that reduce the weight of vehicles and improve their fuel efficiency. ElringKlinger has also developed products that enable the use of alternative fuels, such as natural gas and hydrogen, which have lower emissions than traditional fuels.

In addition to its focus on sustainability, ElringKlinger is also committed to corporate social responsibility. The company has implemented a number of initiatives to support the communities in which it operates, including education and training programs, social welfare projects, and environmental protection initiatives. ElringKlinger has also established a code of conduct that outlines its commitment to ethical business practices and responsible corporate governance.

ElringKlinger's commitment to sustainability and corporate social responsibility has earned it recognition from a number of industry bodies and organizations. The company has been included in the Dow Jones Sustainability Index, which recognizes companies that demonstrate leadership in sustainability. ElringKlinger has also been recognized by the Carbon Disclosure Project, which assesses companies' efforts to reduce their carbon emissions and manage climate change risks.

In conclusion, ElringKlinger AG is a leading supplier of engine parts and components to the automotive industry. The company has a strong focus on sustainability and decarbonisation, and has implemented a number of initiatives to reduce its carbon footprint and transition to a more sustainable energy mix. ElringKlinger's commitment to sustainability and corporate social responsibility has earned it recognition from a number of industry bodies and organizations, and positions it as a leader in the global automotive market.

✓ Declared Net Zero commitment