Novozymes A/S is a Danish biotechnology company that operates in the Industrial and Institutional Cleaning Chemicals sector. The company is a global leader in the production of enzymes and microorganisms that are used in a variety of industries, including agriculture, food and beverage, and cleaning. Novozymes has a strong commitment to sustainability and is actively working towards decarbonisation and the use of renewable energy.

Corporate Energy and Decarbonisation

Novozymes has a strong commitment to reducing its carbon footprint and has set ambitious targets to achieve decarbonisation. The company has a long-term goal of becoming carbon-neutral by 2022, which it aims to achieve by reducing its greenhouse gas emissions and offsetting any remaining emissions through renewable energy projects. Novozymes has also set a target to reduce its energy consumption by 30% by 2020.

To achieve these targets, Novozymes has implemented a range of energy efficiency measures across its operations. The company has invested in energy-efficient equipment and processes, such as heat recovery systems, and has implemented energy management systems to monitor and control energy use. Novozymes has also implemented a range of renewable energy projects, including wind and solar power, to reduce its reliance on fossil fuels.

Corporate Power Purchase Agreements (PPAs)

Novozymes has also entered into a number of Corporate Power Purchase Agreements (PPAs) to support its renewable energy goals. A PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. PPAs provide a stable source of revenue for renewable energy providers, which helps to support the growth of the renewable energy sector.

Novozymes has entered into a number of PPAs with renewable energy providers, including wind and solar power projects. These agreements provide the company with a reliable source of renewable energy, which helps to reduce its reliance on fossil fuels and support its decarbonisation goals.

Renewable Energy

Novozymes is committed to using renewable energy across its operations and has implemented a range of renewable energy projects. The company has invested in wind and solar power projects, which provide a reliable source of renewable energy to support its operations. Novozymes has also implemented a range of energy efficiency measures to reduce its energy consumption and improve its overall sustainability.

The company has also developed a range of products that help to support the use of renewable energy. Novozymes produces enzymes that are used in the production of biofuels, which are a renewable alternative to fossil fuels. The company also produces enzymes that are used in the production of biogas, which is a renewable energy source that is produced from organic waste.

Novozymes is committed to sustainability and is actively working towards decarbonisation and the use of renewable energy. The company has set ambitious targets to reduce its carbon footprint and has implemented a range of energy efficiency measures and renewable energy projects to achieve these goals. Novozymes has also entered into a range of Corporate Power Purchase Agreements to support its renewable energy goals and provide a stable source of revenue for renewable energy providers.