Potential offtaker

Aston Martin Lagonda Global Holdings PLC

www.astonmartinlagonda.com

Estimated electricity consumption

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Countries of production presence

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Aston Martin Lagonda Global Holdings PLC is a British company that operates in the passenger vehicles sector. The company is known for its luxury sports cars and has a rich history dating back to 1913. Aston Martin has a reputation for producing some of the most iconic and desirable cars in the world, and its name is synonymous with style, performance, and exclusivity.

In recent years, Aston Martin has been focusing on decarbonisation and reducing its carbon footprint. The company has made a commitment to become a carbon-neutral business by 2030. To achieve this goal, Aston Martin is implementing a range of measures to reduce its carbon emissions, including the use of renewable energy sources and the adoption of more sustainable manufacturing processes.

One of the key ways in which Aston Martin is reducing its carbon footprint is through the use of renewable energy. The company has invested in a range of renewable energy sources, including wind and solar power. Aston Martin has also implemented a corporate power purchase agreement (PPA) to ensure that the electricity it uses is sourced from renewable energy sources.

A corporate PPA is an agreement between a company and a renewable energy provider that guarantees a certain amount of renewable energy at a fixed price over a specified period. By entering into a corporate PPA, Aston Martin is able to secure a reliable and cost-effective source of renewable energy, which helps to reduce its carbon footprint and support the transition to a low-carbon economy.

In addition to its use of renewable energy, Aston Martin is also implementing a range of measures to reduce its energy consumption. The company has implemented a range of energy-efficient technologies and processes, including the use of LED lighting, energy-efficient heating and cooling systems, and the installation of energy-efficient equipment.

Aston Martin is also working to reduce its carbon emissions through the use of sustainable materials and manufacturing processes. The company has implemented a range of measures to reduce waste and improve the efficiency of its manufacturing processes, including the use of recycled materials and the adoption of more sustainable production methods.

Aston Martin is committed to decarbonisation and reducing its carbon footprint, and the company is taking a holistic approach to sustainability. In addition to its focus on renewable energy and sustainable manufacturing processes, Aston Martin is also implementing a range of measures to reduce its environmental impact, including the use of sustainable materials, the reduction of waste, and the adoption of more sustainable transport options.

Overall, Aston Martin is a company that is committed to sustainability and reducing its carbon footprint. The company is taking a range of measures to achieve its goal of becoming a carbon-neutral business by 2030, including the use of renewable energy, the implementation of a corporate PPA, and the adoption of more sustainable manufacturing processes. As a result, Aston Martin is setting an example for other companies in the passenger vehicles sector and demonstrating that sustainability and profitability can go hand in hand.

✓ Science Based Targets member
✓ Declared Net Zero commitment