They are now embarking on an ambitious journey to become CO2neutral in all of the company’s global operations at the latest by 2030.
The Danfoss Group has within recent years lowered its global energy intensity considerably. Now, additional activities are initiated to further reduce energy consumption and transition the remaining energy demand at all Danfoss operations towards renewable energy.
Furthermore, they commit to changethe company car fleet to become all electric latest by 2030. These initiatives are all steps towards being CO2 neutral in all of the company’s global operations at the latest by 2030.
“Focusing on energy efficiency, sector coupling and electrification are the key steps to a sustainable future. Decarbonizing our business, for example by using surplus energy from our process heat in production and data-centers, are natural steps. We are well under way and we will continue to move forward to showcase that green growth is indeed possible,” says Kim Fausing, President & CEO of the Danfoss Group.
They are now working on detailed plans on how to reach the targets including how to balance potential CO2 impact, commercial terms and long-term factory footprint considerations.
The overall approach is “energy efficiency first” that also supports a high share of renewables. Less green energy needed means that less investments are needed for grid extension, energy storage, back-up capacities and energy imports.
Finally, electrification, powered by renewables, is an enabling tool that will allow Danfoss to decarbonize the business.
In 2016, Danfoss joined the EP100 initiative that targets to double the company’s energy productivity before 2030 from 2007 levels, and today Danfoss has already improved its energy productivity by 80%.
Reference- IndiaCSR, Danfoss PR