Potential offtaker

AutoStore Holdings Ltd.

www.autostoresystem.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

AutoStore Holdings Ltd. is a Norwegian company that operates in the specialty technology hardware sector. The company is a leading provider of automated storage and retrieval systems, which are used in a wide range of industries, including retail, e-commerce, and manufacturing. AutoStore's innovative technology has revolutionized the way companies store and manage their inventory, making it more efficient, cost-effective, and environmentally friendly.

Decarbonisation is a key focus for AutoStore, as the company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. AutoStore's automated storage and retrieval systems are designed to minimize energy consumption and reduce carbon emissions, making them an ideal solution for companies looking to decarbonize their operations. The company's commitment to sustainability is reflected in its corporate energy strategy, which includes a range of measures aimed at reducing its own carbon footprint and supporting the transition to a low-carbon economy.

One of the key components of AutoStore's corporate energy strategy is the use of corporate power purchase agreements (PPAs) to source renewable energy. PPAs allow companies to purchase renewable energy directly from generators, usually at a fixed price over a long-term contract. By entering into a PPA, AutoStore can ensure a reliable and cost-effective supply of renewable energy, while also supporting the growth of the renewable energy sector. This approach aligns with AutoStore's commitment to sustainability and its goal of reducing its carbon footprint.

AutoStore's commitment to renewable energy is also reflected in its own operations. The company has installed solar panels on the roof of its headquarters in Norway, which generate clean energy to power its operations. In addition, AutoStore has implemented a range of energy efficiency measures, such as LED lighting and energy-efficient HVAC systems, to reduce its energy consumption and carbon emissions.

AutoStore's automated storage and retrieval systems are designed to be highly energy-efficient, using advanced algorithms and software to optimize energy consumption. The systems are also designed to be modular and scalable, allowing companies to expand their storage capacity as needed without incurring significant energy costs. This makes AutoStore's technology an ideal solution for companies looking to reduce their energy consumption and carbon footprint, while also improving their operational efficiency.

In addition to its focus on sustainability, AutoStore is also committed to innovation and customer service. The company invests heavily in research and development to ensure that its technology remains at the forefront of the industry. AutoStore's systems are designed to be flexible and adaptable, allowing companies to customize their storage solutions to meet their specific needs. The company also provides comprehensive customer support, including training, maintenance, and technical assistance, to ensure that its customers get the most out of their investment in AutoStore's technology.

AutoStore's commitment to sustainability, innovation, and customer service has made it a leader in the specialty technology hardware sector. The company's automated storage and retrieval systems are used by some of the world's largest and most innovative companies, including Amazon, Siemens, and Coca-Cola. With its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, AutoStore is well-positioned to continue its growth and success in the years to come.

✓ Declared Net Zero commitment