Potential offtaker

Bufab AB

www.bufab.com

Estimated electricity consumption

N/A

Countries of production presence

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Bufab AB is a leading international supplier of fasteners, components, and related services to the manufacturing industry. The company is headquartered in Värnamo, Sweden, and operates in more than 30 countries worldwide. Bufab AB is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for Bufab AB. The company is committed to reducing its greenhouse gas emissions and has set a target to achieve net-zero emissions by 2040. To achieve this goal, Bufab AB is investing in energy-efficient technologies, renewable energy, and sustainable transportation. The company is also working closely with its suppliers and customers to promote sustainable practices throughout the value chain.

Corporate energy is another important aspect of Bufab AB's sustainability strategy. The company is committed to reducing its energy consumption and increasing its use of renewable energy. Bufab AB has implemented a range of energy-saving measures, such as LED lighting, energy-efficient heating and cooling systems, and smart building automation. The company is also exploring opportunities to generate renewable energy on-site, such as solar panels and wind turbines.

Corporate power purchase agreements (PPAs) are an innovative way for companies to support the development of renewable energy. Bufab AB has signed several corporate PPAs with renewable energy developers to purchase electricity directly from renewable sources. These agreements not only help to reduce the company's carbon footprint but also support the growth of the renewable energy sector.

Renewable energy is a key component of Bufab AB's sustainability strategy. The company is committed to increasing its use of renewable energy and has set a target to source 100% of its electricity from renewable sources by 2025. Bufab AB is investing in renewable energy projects, such as wind and solar, to help achieve this goal. The company is also exploring opportunities to use renewable energy in its operations, such as electric vehicles and renewable heating and cooling systems.

In addition to its sustainability efforts, Bufab AB is also committed to providing high-quality products and services to its customers. The company offers a wide range of fasteners, components, and related services to the manufacturing industry, including engineering and design support, logistics and supply chain management, and quality control. Bufab AB's products are used in a variety of industries, including automotive, construction, and electronics.

Bufab AB's commitment to sustainability has been recognized by several organizations. The company has been included in the Dow Jones Sustainability Index for several years in a row and has received numerous awards for its sustainability efforts. Bufab AB's sustainability strategy is aligned with the United Nations Sustainable Development Goals and the Paris Agreement on climate change.

In conclusion, Bufab AB is a leading international supplier of fasteners, components, and related services to the manufacturing industry. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy. Bufab AB's sustainability strategy includes decarbonisation, corporate energy, corporate PPAs, and renewable energy. The company's commitment to sustainability has been recognized by several organizations and is aligned with the United Nations Sustainable Development Goals and the Paris Agreement on climate change.

✓ Science Based Targets member
✓ Declared Net Zero commitment