Potential offtaker

Romaco Holding GmbH

www.romaco.com

Estimated electricity consumption

N/A

Countries of production presence

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Romaco Holding GmbH is a leading company in the Other Machinery & Equipment sector, headquartered in Germany. The company specializes in the development, production, and distribution of packaging and processing equipment for the pharmaceutical, cosmetics, food, and chemical industries. With a history dating back to 1978, Romaco has established itself as a reliable partner for its customers, providing innovative solutions that meet the highest quality standards.

In recent years, Romaco has made significant efforts to reduce its carbon footprint and promote decarbonisation in its operations. The company has implemented various measures to improve energy efficiency, such as upgrading its production facilities, optimizing its logistics, and investing in renewable energy sources. Romaco has also set ambitious targets to reduce greenhouse gas emissions and increase the share of renewable energy in its energy mix.

One of the key initiatives that Romaco has undertaken to achieve its decarbonisation goals is the implementation of a corporate energy strategy. This strategy aims to optimize the company's energy consumption and reduce its dependence on fossil fuels. Romaco has conducted a comprehensive energy audit to identify areas where energy efficiency can be improved and has implemented a range of measures to reduce energy consumption, such as installing energy-efficient lighting and HVAC systems, optimizing production processes, and introducing energy management systems.

Another important aspect of Romaco's decarbonisation efforts is the use 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 renewable energy source. By signing a PPA, Romaco can secure a stable and predictable supply of renewable energy, reduce its exposure to volatile energy prices, and support the development of renewable energy infrastructure.

Romaco has already signed several PPAs for renewable energy, including wind and solar power. These agreements cover a significant proportion of the company's energy needs and help to reduce its carbon footprint. Romaco has also invested in its own renewable energy projects, such as the installation of solar panels on its production facilities. These projects not only provide renewable energy for the company's operations but also contribute to the overall decarbonisation of the energy sector.

In addition to its decarbonisation efforts, Romaco is committed to promoting sustainable development and social responsibility in its operations. The company has implemented a range of measures to reduce waste, conserve resources, and promote circular economy principles. Romaco has also established a code of conduct for its suppliers, which sets out ethical and environmental standards that must be met. The company is committed to working with suppliers who share its values and contribute to sustainable development.

Overall, Romaco Holding GmbH is a leading company in the Other Machinery & Equipment sector, with a strong commitment to decarbonisation, renewable energy, and sustainable development. The company's corporate energy strategy, use of corporate PPAs for renewable energy, and investment in renewable energy projects demonstrate its leadership in the transition to a low-carbon economy. Romaco's efforts to promote sustainable development and social responsibility in its operations also set an example for other companies in the sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment