Potential offtaker

ams-OSRAM AG

www.ams-osram.com

Estimated electricity consumption

N/A

Countries of production presence

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AMS-OSRAM AG is a leading global provider of advanced sensor solutions and innovative lighting technologies. The company is headquartered in Austria and operates in the App Specific Analog sector, which focuses on developing and manufacturing customized analog solutions for specific applications. AMS-OSRAM AG is committed to sustainability and decarbonisation, and has made significant investments in renewable energy and corporate energy initiatives.

One of the key areas of focus for AMS-OSRAM AG is decarbonisation. The company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. To this end, AMS-OSRAM AG has set ambitious targets for reducing its carbon footprint and has implemented a range of measures to achieve these goals. These include investing in renewable energy, improving energy efficiency, and reducing waste and emissions across its operations.

One of the ways in which AMS-OSRAM AG is working to reduce its carbon footprint is through its corporate energy initiatives. The company has implemented a number of energy efficiency measures across its operations, such as upgrading equipment and systems to reduce energy consumption, and implementing energy management systems to monitor and optimize energy use. In addition, AMS-OSRAM AG has invested in renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels and lower its carbon emissions.

Another key initiative for AMS-OSRAM AG is corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which allow the company to purchase renewable energy at a fixed price over a set period of time. By entering into PPAs, AMS-OSRAM AG is able to secure a reliable, cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector. In addition, PPAs help to reduce the company's exposure to volatile energy prices and provide greater certainty around future energy costs.

AMS-OSRAM AG is also committed to investing in renewable energy projects. The company has invested in a number of renewable energy projects, such as wind farms and solar power plants, which generate clean energy and reduce the company's reliance on fossil fuels. In addition, AMS-OSRAM AG has implemented a range of measures to improve the energy efficiency of its products, such as developing more efficient lighting solutions and sensor technologies.

Overall, AMS-OSRAM AG is a leading provider of advanced sensor solutions and innovative lighting technologies, with a strong commitment to sustainability and decarbonisation. The company has made significant investments in renewable energy and corporate energy initiatives, and is working to reduce its carbon footprint and mitigate the impacts of climate change. By investing in renewable energy and implementing energy efficiency measures, AMS-OSRAM AG is not only reducing its environmental impact, but also improving its bottom line and ensuring a more sustainable future for all.

✓ Declared Net Zero commitment