Potential offtaker

Stena Recycling Group

Estimated electricity consumption

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Countries of production presence

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Stena Recycling Group is a leading recycling company based in Sweden that provides sustainable solutions for waste management. The company was founded in 1939 and has since then grown into a global organisation with operations in several countries. With a focus on decarbonisation and renewable energy, Stena Recycling Group is committed to reducing its carbon footprint and promoting a circular economy.

Decarbonisation is a key focus for Stena Recycling Group, and the company has set ambitious targets to reduce its carbon emissions. The company has committed to reducing its carbon footprint by 50% by 2030, compared to its 2018 baseline. This target is aligned with the Paris Agreement's goal of limiting global warming to below 2°C above pre-industrial levels. To achieve this target, Stena Recycling Group is implementing a range of measures, including investing in renewable energy, increasing energy efficiency, and promoting sustainable transport.

Corporate energy is another area of focus for Stena Recycling Group. The company is committed to reducing its energy consumption and increasing its use of renewable energy. Stena Recycling Group has implemented a range of energy-saving measures, such as upgrading its lighting systems, installing energy-efficient equipment, and optimising its production processes. The company has also invested in renewable energy, such as solar panels and wind turbines, to generate clean energy for its operations.

Corporate power purchase agreements (PPAs) are an important tool for Stena Recycling Group to increase its use of renewable energy. PPAs allow companies to purchase renewable energy directly from a renewable energy project, such as a wind or solar farm. Stena Recycling Group has signed several PPAs with renewable energy providers to ensure a stable supply of clean energy for its operations. These agreements not only help the company to reduce its carbon footprint but also provide a reliable and cost-effective source of energy.

Renewable energy is a key focus for Stena Recycling Group, and the company is committed to increasing its use of clean energy. The company has set a target to generate 100% of its energy from renewable sources by 2030. To achieve this target, Stena Recycling Group is investing in a range of renewable energy technologies, such as solar, wind, and biogas. The company has already made significant progress towards this target, with over 60% of its energy coming from renewable sources in 2020.

Stena Recycling Group is also committed to promoting a circular economy, where waste is seen as a resource rather than a problem. The company offers a range of recycling services, including metal recycling, paper recycling, and hazardous waste management. Stena Recycling Group's approach to waste management is based on the principles of reduce, reuse, and recycle. The company works closely with its customers to develop sustainable solutions for waste management, such as closed-loop recycling systems.

In conclusion, Stena Recycling Group is a leading recycling company based in Sweden that is committed to decarbonisation, corporate energy, corporate PPA, and renewable energy. The company has set ambitious targets to reduce its carbon footprint and increase its use of clean energy. Stena Recycling Group is investing in a range of renewable energy technologies, such as solar, wind, and biogas, to achieve its target of generating 100% of its energy from renewable sources by 2030. The company's approach to waste management is based on the principles of reduce, reuse, and recycle, and it works closely with its customers to develop sustainable solutions for waste management. Stena Recycling Group is a leader in the transition to a circular economy and is committed to promoting sustainable development.