Potential offtaker

Heidelberg Cement AG

www.heidelbergcement.com

Estimated electricity consumption

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Countries of production presence

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HeidelbergCement AG is a German multinational company that operates in the cement sector. The company was founded in 1874 and has since grown to become one of the largest cement producers in the world. With a presence in over 60 countries, HeidelbergCement AG is committed to providing sustainable building materials and solutions to its customers.

Decarbonisation is a key focus area for HeidelbergCement AG. The company has set ambitious targets to reduce its carbon emissions and become a carbon-neutral company by 2050. To achieve this goal, HeidelbergCement AG is investing in innovative technologies and processes that reduce its carbon footprint. The company is also collaborating with industry partners, governments, and research institutions to develop new solutions for decarbonisation.

Corporate energy is another important area of focus for HeidelbergCement AG. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. HeidelbergCement AG has implemented energy-efficient technologies and processes across its operations, and has also invested in renewable energy projects such as wind and solar power. The company has set a target to increase its use of renewable energy to 30% by 2030.

Corporate power purchase agreements (PPAs) are an important tool for HeidelbergCement AG to achieve its renewable energy targets. PPAs allow the company to purchase renewable energy directly from generators, providing a stable and predictable source of clean energy. HeidelbergCement AG has signed several corporate PPAs with renewable energy providers, including wind and solar power projects. These agreements not only help the company to reduce its carbon footprint, but also provide economic benefits by reducing energy costs.

Renewable energy is a key part of HeidelbergCement AG's sustainability strategy. The company is committed to increasing its use of renewable energy sources, such as wind and solar power, to reduce its carbon emissions and improve its environmental performance. HeidelbergCement AG has invested in several renewable energy projects, including wind farms and solar power plants, and has set a target to increase its use of renewable energy to 30% by 2030.

In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, HeidelbergCement AG is also committed to sustainable development and social responsibility. The company has implemented a number of initiatives to promote sustainable development, including reducing waste and water consumption, promoting biodiversity, and supporting local communities. HeidelbergCement AG is also a signatory to the United Nations Global Compact, and is committed to upholding its principles on human rights, labor, environment, and anti-corruption.

Overall, HeidelbergCement AG is a leading player in the cement sector, with a strong commitment to sustainability and decarbonisation. The company's focus on renewable energy, corporate energy, corporate PPAs, and sustainable development is helping to drive positive change in the industry and promote a more sustainable future. With its ambitious targets and innovative approach, HeidelbergCement AG is well positioned to continue to lead the way in sustainable building materials and solutions.