Potential offtaker

Plastic Omnium SA

www.plasticomnium.fr

Estimated electricity consumption

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Countries of production presence

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Plastic Omnium is a French multinational company that operates in the auto metal stamping sector. The company was founded in 1946 and has since grown to become a leading player in the automotive industry. Plastic Omnium specializes in the design, development, and production of automotive exterior parts and modules, such as bumpers, fenders, and tailgates.

The company has a strong commitment to sustainability and decarbonization. Plastic Omnium has set ambitious targets to reduce its carbon footprint and become a carbon-neutral company by 2050. The company has implemented a number of initiatives to achieve this goal, including the use of renewable energy and the adoption of corporate power purchase agreements (PPAs).

Corporate energy is a key focus for Plastic Omnium, and the company has made significant investments in renewable energy sources. In 2020, the company signed a 10-year corporate PPA with Total, a French multinational oil and gas company, to purchase 100 GWh of renewable electricity per year. The agreement will enable Plastic Omnium to reduce its carbon footprint by 22,000 tons of CO2 per year, equivalent to the emissions of 11,000 cars.

Plastic Omnium has also invested in solar energy, with the installation of a 12,000-panel solar farm at its plant in Valencia, Spain. The solar farm has a capacity of 4.5 MW and is expected to generate 7,000 MWh of electricity per year, equivalent to the annual consumption of 2,000 households. The solar farm will enable Plastic Omnium to reduce its carbon footprint by 3,500 tons of CO2 per year.

In addition to its renewable energy initiatives, Plastic Omnium has implemented a number of measures to reduce its energy consumption and improve its energy efficiency. The company has implemented an energy management system that monitors and optimizes energy consumption across its operations. The system has enabled Plastic Omnium to reduce its energy consumption by 20% since 2010.

Plastic Omnium's commitment to sustainability extends beyond its energy initiatives. The company has implemented a number of measures to reduce its environmental impact, including the use of recycled materials in its products and the implementation of circular economy principles. Plastic Omnium has set a target to use 50% recycled materials in its products by 2025.

The company has also implemented a number of measures to reduce its water consumption and improve its water efficiency. Plastic Omnium has implemented a water management system that monitors and optimizes water consumption across its operations. The system has enabled the company to reduce its water consumption by 30% since 2010.

Plastic Omnium's commitment to sustainability has been recognized by a number of organizations. The company has been included in the Dow Jones Sustainability Index for the past six years, and was named one of the world's most ethical companies by the Ethisphere Institute in 2021.

In conclusion, Plastic Omnium is a leading player in the auto metal stamping sector, with a strong commitment to sustainability and decarbonization. The company has implemented a number of initiatives to reduce its carbon footprint and improve its energy and environmental performance, including the use of renewable energy, corporate PPAs, and circular economy principles. Plastic Omnium's commitment to sustainability has been recognized by a number of organizations, and the company is well-positioned to continue to lead the way in sustainable automotive manufacturing.

✓ Declared Net Zero commitment