Klöckner & Co is a leading steel and metal distribution company based in Duisburg, Germany. With a history dating back to 1906, the company has grown to become one of the largest steel distributors in Europe, with operations in 13 countries and over 8,000 employees.

In recent years, Klöckner & Co has been actively pursuing a strategy of decarbonisation, with a focus on reducing its carbon footprint and promoting sustainable practices across its operations. The company has set ambitious targets for reducing its greenhouse gas emissions, including a goal to achieve carbon neutrality by 2050.

One key area of focus for Klöckner & Co has been corporate energy management. The company has implemented a range of measures to improve energy efficiency and reduce its reliance on fossil fuels. This includes investments in energy-efficient equipment and processes, as well as the use of renewable energy sources such as wind and solar power.

In addition to these efforts, Klöckner & Co has also embraced the concept of corporate power purchase agreements (PPAs) as a way to support the growth of renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for electricity over a set period of time. By entering into these agreements, Klöckner & Co is able to support the development of new renewable energy projects, while also securing a stable and predictable source of electricity for its operations.

Klöckner & Co has already signed several corporate PPAs with renewable energy providers, including wind and solar projects in Germany and Spain. These agreements have helped to increase the company's use of renewable energy, while also contributing to the growth of the renewable energy sector in Europe.

In addition to these efforts, Klöckner & Co has also been exploring new technologies and approaches to further reduce its carbon footprint. This includes the use of hydrogen as a low-carbon alternative to fossil fuels, as well as the development of new materials and processes that are more sustainable and environmentally friendly.

Overall, Klöckner & Co's commitment to decarbonisation and sustainable practices is a testament to its dedication to being a responsible and forward-thinking company. By embracing renewable energy, corporate PPAs, and other innovative approaches, the company is helping to drive the transition to a low-carbon economy, while also ensuring its own long-term sustainability and success.