Potential offtaker

Fiskars Corporation

www.fiskarsgroup.com

Estimated electricity consumption

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Countries of production presence

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Fiskars Corporation is a leading Finnish company that operates in the housewares sector. Founded in 1649, the company has a long history of producing high-quality products that are designed to make everyday life easier and more enjoyable. With a focus on sustainability and innovation, Fiskars Corporation has become a leader in the industry, and is committed to reducing its carbon footprint and promoting renewable energy.

Decarbonisation is a key focus for Fiskars Corporation, and the company has set ambitious targets to reduce its carbon emissions. In 2020, the company announced that it would aim to achieve carbon neutrality by 2030, and has since implemented a number of initiatives to help achieve this goal. These include reducing energy consumption in its factories and offices, improving waste management, and promoting sustainable transportation.

One of the key ways that Fiskars Corporation is working towards decarbonisation is through the use of renewable energy. The company has invested heavily in renewable energy sources, including wind and solar power, and has set a target to source 100% of its electricity from renewable sources by 2030. This commitment to renewable energy has not only helped to reduce the company's carbon footprint, but has also helped to drive innovation and create new business opportunities.

Corporate energy is another important area of focus for Fiskars Corporation. The company recognizes the importance of managing its energy use effectively, and has implemented a number of measures to improve energy efficiency and reduce costs. These include upgrading lighting systems, installing energy-efficient equipment, and implementing energy management systems to monitor and control energy use.

In addition to these measures, Fiskars Corporation has also implemented a corporate power purchase agreement (PPA) to help support the development of renewable energy. A PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for electricity generated from renewable sources. By entering into a PPA, Fiskars Corporation is able to support the development of new renewable energy projects, while also securing a stable and predictable source of energy for its operations.

Fiskars Corporation's commitment to renewable energy and decarbonisation has not gone unnoticed, and the company has received a number of awards and accolades for its sustainability efforts. In 2020, the company was named as one of the world's most sustainable companies by Corporate Knights, and was also recognized for its sustainability performance by the Dow Jones Sustainability Index.

Overall, Fiskars Corporation is a company that is committed to sustainability and innovation. Through its focus on decarbonisation, corporate energy, corporate PPA, and renewable energy, the company is leading the way in the housewares sector, and is setting an example for other companies to follow. With its long history of excellence and its commitment to sustainability, Fiskars Corporation is a company that is well-positioned for success in the years to come.

✓ Science Based Targets member
✓ Declared Net Zero commitment