Potential offtaker

CHT Group represented by CHT Germany GmbH as headquarters

www.cht.com

Estimated electricity consumption

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Countries of production presence

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CHT Group is a leading global supplier of specialty chemicals, with its headquarters located in Tübingen, Germany. The company operates in the Basic & Diversified Chemicals sector, providing a wide range of innovative products and solutions to various industries, including textiles, construction, coatings, and healthcare. With a strong focus on sustainability, CHT Group is committed to reducing its carbon footprint and promoting decarbonisation through the use of renewable energy sources.

Corporate Energy and Decarbonisation

CHT Group has set ambitious targets to reduce its greenhouse gas emissions and promote decarbonisation. The company aims to achieve carbon neutrality by 2030, which involves reducing its direct and indirect emissions, as well as offsetting any remaining emissions through the use of carbon credits. To achieve this goal, CHT Group has implemented a range of measures, including energy efficiency improvements, the use of renewable energy, and the adoption of low-carbon technologies.

One of the key initiatives undertaken by CHT Group to promote decarbonisation is the implementation of a corporate energy strategy. The company has established an Energy Management System (EMS) that enables it to monitor and manage its energy consumption and identify opportunities for improvement. The EMS also includes a comprehensive energy efficiency program that aims to reduce the company's energy consumption by 20% by 2025.

Renewable Energy and Corporate PPA

CHT Group is committed to using renewable energy sources to power its operations. The company has invested in several renewable energy projects, including wind and solar power plants, and is actively seeking opportunities to expand its renewable energy portfolio. In addition, CHT Group has entered into several Corporate Power Purchase Agreements (PPAs) with renewable energy providers to secure a reliable and cost-effective source of renewable energy.

Corporate PPAs are long-term contracts between a company and a renewable energy provider, which enable the company to purchase renewable energy directly from the provider. This approach provides several benefits, including cost savings, reduced carbon emissions, and increased energy security. By entering into Corporate PPAs, CHT Group is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Conclusion

CHT Group is a leading global supplier of specialty chemicals, with a strong focus on sustainability and decarbonisation. The company is committed to reducing its carbon footprint and promoting the use of renewable energy sources to power its operations. Through the implementation of a corporate energy strategy, the adoption of low-carbon technologies, and the use of Corporate PPAs, CHT Group is well-positioned to achieve its ambitious sustainability goals and contribute to the transition towards a low-carbon economy.