Potential offtaker

Asetek A/S

www.asetek.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Asetek A/S is a Danish company that specializes in the design, development, and manufacture of liquid cooling solutions for computer hardware. The company was founded in 2000 and has since become a leading provider of liquid cooling solutions for high-performance computing (HPC) and data center applications. Asetek's products are used by some of the world's largest data centers, including those operated by Google, Amazon, and Microsoft.

One of the key trends in the technology industry in recent years has been the increasing focus on decarbonisation and the transition to renewable energy sources. Asetek has recognized this trend and has taken steps to reduce its own carbon footprint and support the transition to renewable energy.

One of the ways that Asetek has addressed decarbonisation is through its corporate energy strategy. The company has set ambitious targets to reduce its energy consumption and greenhouse gas emissions. Asetek has implemented a range of energy-saving measures, such as improving the efficiency of its manufacturing processes and reducing the energy consumption of its office buildings.

In addition to reducing its own carbon footprint, Asetek has also supported the transition to renewable energy through the use of corporate power purchase agreements (PPAs). A PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a certain amount of renewable energy over a specified period of time. By entering into PPAs, Asetek is able to support the development of new renewable energy projects and reduce its reliance on fossil fuels.

Asetek has entered into several PPAs in recent years, including a 10-year agreement with a wind farm in Norway and a 15-year agreement with a solar power plant in California. These agreements have allowed Asetek to offset a significant portion of its energy consumption with renewable energy and support the development of new renewable energy projects.

In addition to its focus on decarbonisation and renewable energy, Asetek has also been recognized for its corporate social responsibility (CSR) initiatives. The company has implemented a range of CSR programs, including initiatives to support local communities and reduce waste.

One of Asetek's key CSR initiatives is its "Green Team" program. This program encourages employees to take an active role in reducing the company's environmental impact and promoting sustainability. The Green Team has implemented a range of initiatives, such as reducing the use of single-use plastics in the office and promoting energy-saving measures.

Asetek has also implemented a range of waste reduction initiatives, such as recycling programs and the use of biodegradable materials in its products. The company has set ambitious targets to reduce its waste generation and increase its recycling rates.

In conclusion, Asetek A/S is a Danish company that operates in the computer hardware and storage sector. The company has recognized the importance of decarbonisation and the transition to renewable energy, and has implemented a range of initiatives to reduce its own carbon footprint and support the development of new renewable energy projects. Asetek's focus on corporate energy, corporate PPAs, and renewable energy has helped the company to become a leader in sustainable technology and a model for other companies in the industry.

✓ Declared Net Zero commitment