The Wieland Group is a leading global supplier of semi-finished copper and copper alloy products, as well as a wide range of other metal products. The company is headquartered in Ulm, Germany, and has operations in Europe, Asia, and the Americas. Wieland Group operates in the Fabricated Metal & Hardware sector, which involves the manufacturing of metal products for various industries, including construction, automotive, and electronics.

Wieland Group has a strong commitment to sustainability and decarbonisation, and has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy. The company's corporate energy strategy is focused on reducing energy consumption, increasing energy efficiency, and promoting the use of renewable energy sources. Wieland Group has set ambitious targets to reduce its greenhouse gas emissions, and is actively working towards achieving these goals.

One of the key initiatives that Wieland Group has implemented to promote renewable energy is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for the electricity generated by the renewable energy source. By entering into a corporate PPA, companies like Wieland Group can support the development of new renewable energy projects and reduce their reliance on fossil fuels.

Wieland Group has entered into several corporate PPAs for renewable energy, including wind and solar power. In 2020, the company signed a 10-year PPA with a wind farm in Spain, which will provide 50% of the electricity needed for Wieland Group's operations in Germany. This PPA is expected to reduce the company's carbon emissions by around 22,000 tonnes per year. Wieland Group has also signed a PPA for a solar power plant in Chile, which will provide renewable energy for the company's operations in South America.

In addition to corporate PPAs, Wieland Group is also investing in renewable energy projects directly. The company has installed solar panels on the roofs of several of its facilities, which generate renewable energy for use on-site. Wieland Group is also exploring the use of other renewable energy sources, such as geothermal energy and biomass.

Wieland Group's commitment to sustainability and decarbonisation extends beyond its own operations. The company is actively working with its suppliers and customers to promote sustainable practices throughout the supply chain. Wieland Group has implemented a supplier code of conduct, which sets out minimum standards for environmental and social responsibility. The company also works closely with its customers to develop sustainable solutions for their products, such as using recycled materials and reducing waste.

Overall, Wieland Group is a leader in the Fabricated Metal & Hardware sector when it comes to sustainability and decarbonisation. The company's commitment to reducing its carbon footprint and promoting renewable energy is commendable, and its use of corporate PPAs and direct investment in renewable energy projects is setting an example for other companies to follow. As the world moves towards a more sustainable future, Wieland Group is well-positioned to continue its leadership in this area.