Hon Hai Precision Inc. Co., Ltd., commonly known as Foxconn, is a Taiwanese multinational electronics contract manufacturer that specializes in the design and production of electronic components, computer products, and communication devices. Founded in 1974 by Terry Gou, Foxconn has grown to become one of the largest electronics manufacturing companies in the world, with operations in over 30 countries and a workforce of over 1 million employees.

As a major player in the electronics manufacturing services (EMS) and original design manufacturing (ODM) sectors, Foxconn has been at the forefront of technological innovation and supply chain management. The company's expertise in the production of high-quality electronic components and devices has made it a trusted partner for many of the world's leading technology companies, including Apple, Microsoft, and Sony.

In recent years, Foxconn has also been actively pursuing decarbonisation and renewable energy initiatives as part of its corporate social responsibility (CSR) efforts. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources, in line with global efforts to combat climate change.

One of the key strategies that Foxconn has adopted to achieve its decarbonisation goals is the implementation of corporate power purchase agreements (PPAs) for renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the electricity generated by the provider's renewable energy facilities. By signing PPAs, companies like Foxconn can secure a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

In 2018, Foxconn signed a 20-year corporate PPA with Ørsted, a leading renewable energy company, to purchase the entire output of a 350 MW offshore wind farm in Taiwan. The PPA, which is the largest of its kind in Taiwan, will enable Foxconn to meet all of its electricity needs for its manufacturing facilities in the country with renewable energy. The project is expected to reduce Foxconn's carbon emissions by over 100,000 tons per year, equivalent to taking 21,000 cars off the road.

Foxconn has also been investing in its own renewable energy projects, including solar and wind power facilities. In 2019, the company announced plans to build a 1 GW solar power plant in the Chinese province of Shanxi, which will be one of the largest solar projects in the world. The plant is expected to generate enough electricity to power over 500,000 homes and reduce carbon emissions by 2.74 million tons per year.

In addition to its renewable energy initiatives, Foxconn has also been working to improve its corporate energy efficiency and reduce its overall energy consumption. The company has implemented a range of energy-saving measures across its manufacturing facilities, including the use of energy-efficient lighting and HVAC systems, and the adoption of smart building technologies. These efforts have helped Foxconn to reduce its energy consumption by over 18% since 2015, despite a significant increase in production output.

As part of its commitment to sustainability and decarbonisation, Foxconn has also been engaging with its suppliers and partners to promote sustainable practices throughout its supply chain. The company has established a supplier sustainability program, which includes regular audits and assessments of suppliers' environmental and social performance. Foxconn has also been working with its customers to develop more sustainable products and reduce the environmental impact of their operations.

In conclusion, Foxconn is a leading player in the EMS/ODM sector, with a strong focus on technological innovation and supply chain management. The company has also been actively pursuing decarbonisation and renewable energy initiatives, including the implementation of corporate PPAs and investment in its own renewable energy projects. Through these efforts, Foxconn is demonstrating its commitment to sustainability and playing a leading role in the global transition to a low-carbon economy.