Potential offtaker

ELECTROMAGNETICA

www.electromagnetica.ro

Estimated electricity consumption

N/A

Countries of production presence

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Electromagnetica is a Romanian company that operates in the Elec Measuring Instruments sector. The company was founded in 1943 and has since grown to become one of the leading players in the industry. Electromagnetica's core business is the production and distribution of electronic measuring instruments, such as multimeters, oscilloscopes, and power supplies. The company also provides calibration and repair services for its products.

In recent years, Electromagnetica has been actively pursuing decarbonisation and renewable energy initiatives. The company has recognised the importance of reducing its carbon footprint and has taken steps to become more energy-efficient. Electromagnetica has implemented a number of energy-saving measures in its production facilities, such as upgrading lighting systems, improving insulation, and installing energy-efficient equipment.

One of the ways that Electromagnetica has been able to achieve its decarbonisation goals is through the use of corporate energy purchasing. The company has entered into a corporate power purchase agreement (PPA) with a renewable energy supplier. This agreement allows Electromagnetica to purchase renewable energy at a fixed price, which helps to stabilise the company's energy costs and reduce its reliance on fossil fuels.

The corporate PPA has also allowed Electromagnetica to increase its use of renewable energy. The company has installed solar panels on the roof of its production facility, which now generates a significant portion of the company's energy needs. Electromagnetica has also invested in wind energy projects in Romania, which further reduces the company's carbon footprint.

In addition to its decarbonisation efforts, Electromagnetica has also implemented a number of corporate energy initiatives. The company has established an energy management system, which monitors and optimises energy usage across its facilities. Electromagnetica has also implemented an employee engagement programme, which encourages staff to adopt energy-saving practices both at work and at home.

Electromagnetica's commitment to decarbonisation and renewable energy has not only helped to reduce the company's carbon footprint, but it has also had a positive impact on its bottom line. The corporate PPA has helped to stabilise the company's energy costs, while the energy-saving measures have reduced its overall energy consumption. These initiatives have not only reduced Electromagnetica's environmental impact, but they have also improved the company's financial performance.

In conclusion, Electromagnetica is a Romanian company that operates in the Elec Measuring Instruments sector. The company has recognised the importance of decarbonisation and renewable energy, and has taken steps to become more energy-efficient. Electromagnetica has implemented a number of energy-saving measures, entered into a corporate PPA with a renewable energy supplier, and invested in renewable energy projects. These initiatives have not only reduced the company's environmental impact, but they have also improved its financial performance. Electromagnetica serves as an example of how companies can successfully balance environmental and economic sustainability.

✓ Declared Net Zero commitment