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Valeo is a leading global supplier of automotive technology, systems, and components. The company has a strong presence in Finland, where it operates in the auto parts sector. With a focus on innovation and sustainability, Valeo has been at the forefront of the decarbonisation movement, working to reduce the carbon footprint of the automotive industry.

One of Valeo's key priorities is corporate energy management. The company has implemented a range of initiatives to reduce its energy consumption and carbon emissions, including the use of renewable energy sources. Valeo has set ambitious targets to reduce its carbon footprint, aiming to achieve carbon neutrality by 2050.

To achieve this goal, Valeo has implemented a range of measures to reduce its energy consumption and increase the use of renewable energy sources. One of the key initiatives is the use of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the energy generated by the provider. By entering into these agreements, Valeo is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Valeo has also invested in the development of renewable energy projects, such as wind and solar farms. These projects not only provide a source of renewable energy for Valeo's operations but also contribute to the decarbonisation of the wider energy sector.

In addition to its focus on renewable energy, Valeo has also implemented a range of energy efficiency measures across its operations. These include the use of energy-efficient lighting and heating systems, as well as the implementation of energy management systems to monitor and control energy usage.

Valeo's commitment to sustainability extends beyond its own operations, with the company working closely with its suppliers and customers to promote sustainable practices throughout the automotive industry. This includes the development of more efficient and environmentally friendly technologies, such as electric and hybrid vehicles.

Overall, Valeo is a leading player in the auto parts sector, with a strong focus on sustainability and decarbonisation. Through its use of renewable energy sources, corporate PPAs, and energy efficiency measures, the company is working to reduce its carbon footprint and support the growth of the renewable energy sector. With its ambitious targets and innovative approach, Valeo is well-positioned to lead the way in the transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment