Potential offtaker

Evotec SE

www.evotec.com

Estimated electricity consumption

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Countries of production presence

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Evotec SE is a German-based company that operates in the Contract Research sector. The company was founded in 1993 and has since grown to become a leading provider of drug discovery and development services to the pharmaceutical and biotechnology industries. With a focus on innovation and sustainability, Evotec SE is committed to decarbonisation and reducing its carbon footprint through the use of renewable energy sources.

Decarbonisation is a key focus for Evotec SE, and the company has implemented a number of initiatives to reduce its carbon emissions. One of the main ways it is achieving this is through the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power, to reduce its reliance on fossil fuels. This has not only helped to reduce its carbon footprint but has also helped to reduce its energy costs.

In addition to investing in renewable energy, Evotec SE has also implemented a number of energy efficiency measures to reduce its energy consumption. This includes the installation of energy-efficient lighting and the use of energy-efficient equipment. The company has also implemented a corporate energy management system to monitor and manage its energy consumption.

Corporate Power Purchase Agreements (PPAs) are another way that Evotec SE is working towards decarbonisation. PPAs allow companies to purchase renewable energy directly from a renewable energy provider, rather than relying on the grid. This not only helps to reduce the company's carbon footprint but also provides a stable and predictable source of energy. Evotec SE has signed a number of corporate PPAs with renewable energy providers to ensure that its energy needs are met in a sustainable and environmentally friendly way.

Renewable energy is a key focus for Evotec SE, and the company is committed to increasing its use of renewable energy sources. The company has set a target to source 100% of its energy from renewable sources by 2025. To achieve this, it has invested in a number of renewable energy projects and is working to increase its use of corporate PPAs.

In addition to its focus on decarbonisation and renewable energy, Evotec SE is also committed to sustainability in other areas of its business. The company has implemented a number of initiatives to reduce waste and increase recycling. It has also implemented a sustainable procurement policy to ensure that the products and services it uses are sourced in an environmentally responsible way.

Overall, Evotec SE is a company that is committed to sustainability and decarbonisation. Its focus on renewable energy, energy efficiency, and corporate PPAs is helping to reduce its carbon footprint and ensure that its energy needs are met in a sustainable and environmentally friendly way. With a target to source 100% of its energy from renewable sources by 2025, Evotec SE is leading the way in sustainable business practices in the Contract Research sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment