Potential offtaker

Votorantim Cimentos

www.votorantimcimentos.com.br

Estimated electricity consumption

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Countries of production presence

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Votorantim Cimentos is a Brazilian company that operates in the cement sector. It is one of the largest cement producers in Latin America and operates in several countries, including Brazil, Argentina, Bolivia, Chile, Peru, and Uruguay. The company has a strong commitment to sustainability and decarbonisation, and it is actively seeking to reduce its carbon footprint and increase its use of renewable energy sources.

Decarbonisation is a key priority for Votorantim Cimentos. The company recognises that the cement industry is a significant contributor to greenhouse gas emissions, and it has set ambitious targets to reduce its carbon footprint. In 2019, the company committed to reducing its CO2 emissions by 27% by 2030, compared to its 2016 baseline. To achieve this target, Votorantim Cimentos is investing in new technologies and processes that can reduce its emissions, as well as increasing its use of alternative fuels and raw materials.

One of the ways that Votorantim Cimentos is reducing its carbon footprint is by increasing its use of renewable energy sources. The company is committed to sourcing 50% of its energy from renewable sources by 2025, and it has already made significant progress towards this goal. In 2020, Votorantim Cimentos signed a power purchase agreement (PPA) with Casa dos Ventos, a Brazilian renewable energy company, to purchase 80 MW of wind power. This PPA will enable Votorantim Cimentos to reduce its carbon footprint by around 200,000 tonnes of CO2 per year.

Corporate energy is another area of focus for Votorantim Cimentos. The company is committed to improving its energy efficiency and reducing its energy consumption, as well as increasing its use of renewable energy sources. To achieve these goals, Votorantim Cimentos has implemented a range of measures, including energy audits, the installation of energy-efficient equipment, and the use of renewable energy sources such as wind and solar power.

Corporate PPAs are also an important part of Votorantim Cimentos' strategy for decarbonisation and increasing its use of renewable energy sources. The company has signed several PPAs with renewable energy companies in Brazil, including Casa dos Ventos and EDP Renewables. These PPAs enable Votorantim Cimentos to purchase renewable energy at a competitive price, while also supporting the development of renewable energy projects in Brazil.

In addition to its focus on sustainability and decarbonisation, Votorantim Cimentos is also committed to social responsibility and community engagement. The company has a range of initiatives aimed at supporting local communities and promoting sustainable development. For example, Votorantim Cimentos has implemented a program to support small businesses in the communities where it operates, providing training and financial support to help them grow and thrive.

Overall, Votorantim Cimentos is a leading player in the cement sector in Latin America, with a strong commitment to sustainability and decarbonisation. The company is actively seeking to reduce its carbon footprint and increase its use of renewable energy sources, while also supporting local communities and promoting sustainable development. With its focus on innovation and sustainability, Votorantim Cimentos is well-positioned to continue to thrive in the rapidly changing global business environment.