Rockwool Group is a Danish company that operates in the Other Machinery & Equipment sector. The company is a leading manufacturer of stone wool insulation products that are used for a range of applications, including residential and commercial buildings, industrial facilities, and marine and offshore installations. The company has a global presence, with operations in more than 40 countries, and employs over 11,000 people worldwide.

Rockwool Group is committed to decarbonisation and reducing its environmental impact. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. In 2020, the company announced its goal to achieve net-zero carbon emissions by 2040, ten years ahead of the Paris Agreement target.

To achieve this target, Rockwool Group is implementing a range of measures to reduce its energy consumption and increase its use of renewable energy sources. The company is investing in energy-efficient technologies and processes, such as advanced insulation and heat recovery systems, to reduce its energy consumption and greenhouse gas emissions. The company is also increasing its use of renewable energy sources, such as wind and solar power, to power its operations.

One of the key initiatives that Rockwool Group is implementing to increase its use of renewable energy sources is corporate power purchase agreements (PPAs). Corporate PPAs allow companies to purchase renewable energy directly from renewable energy generators, such as wind and solar farms. By entering into these agreements, companies can secure a long-term supply of renewable energy at a fixed price, which can help to reduce their energy costs and carbon footprint.

Rockwool Group has already signed several corporate PPAs to increase its use of renewable energy sources. In 2019, the company signed a 10-year PPA with a wind farm in Texas, which will provide the company with 250,000 MWh of renewable energy per year. In 2020, the company signed a PPA with a wind farm in Sweden, which will provide the company with 100,000 MWh of renewable energy per year.

In addition to corporate PPAs, Rockwool Group is also investing in on-site renewable energy generation. The company has installed solar panels at several of its manufacturing facilities, which are used to generate renewable energy to power its operations. The company is also exploring the use of other renewable energy sources, such as geothermal and biomass, to further reduce its reliance on fossil fuels.

Rockwool Group is also committed to improving its corporate energy efficiency. The company has implemented a range of measures to reduce its energy consumption and greenhouse gas emissions, including energy-efficient lighting and heating systems, and the use of advanced insulation materials. The company is also investing in energy management systems and monitoring tools to track and manage its energy consumption and identify opportunities for further improvements.

In addition to its efforts to reduce its environmental impact, Rockwool Group is also committed to promoting sustainable development and social responsibility. The company has a range of initiatives in place to support local communities and promote sustainable development, including partnerships with local schools and universities, and support for community projects and initiatives.

Overall, Rockwool Group is a leading manufacturer of stone wool insulation products that is committed to decarbonisation and reducing its environmental impact. The company is implementing a range of measures to increase its use of renewable energy sources, including corporate PPAs and on-site renewable energy generation. The company is also investing in energy-efficient technologies and processes to reduce its energy consumption and greenhouse gas emissions. In addition to its environmental efforts, Rockwool Group is also committed to promoting sustainable development and social responsibility.