Potential offtaker

Essity AB

www.essity.com

Estimated electricity consumption

N/A

Countries of production presence

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Essity AB is a Swedish company that operates in the Personal Care Products sector. The company was founded in 1929 and has since grown to become a leading global hygiene and health company. Essity is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy.

Decarbonisation is a key focus for Essity. The company has set a target to reduce its greenhouse gas emissions by 25% by 2030, compared to its 2016 baseline. To achieve this, Essity is implementing a range of measures to reduce its energy consumption and increase its use of renewable energy.

One of the key ways Essity is reducing its carbon footprint is through corporate energy initiatives. The company has implemented energy efficiency measures across its operations, such as upgrading lighting and HVAC systems and optimizing production processes. These measures have resulted in significant energy savings and reduced greenhouse gas emissions.

Essity is also investing in renewable energy to reduce its reliance on fossil fuels. The company has set a target to source 50% of its electricity from renewable sources by 2020. To achieve this, Essity is investing in a range of renewable energy projects, including wind and solar power. The company has also signed corporate power purchase agreements (PPAs) to secure long-term access to renewable energy.

Corporate PPAs are an important part of Essity's renewable energy strategy. These agreements enable the company to purchase renewable energy directly from a generator, rather than through the grid. This provides Essity with greater control over its energy supply and enables the company to secure a long-term, stable price for renewable energy. Essity has signed several corporate PPAs in recent years, including agreements with wind and solar power projects in Europe and the United States.

In addition to its renewable energy initiatives, Essity is also focused on reducing its overall energy consumption. The company has implemented a range of energy efficiency measures across its operations, including upgrading lighting and HVAC systems, optimizing production processes, and implementing energy management systems. These measures have resulted in significant energy savings and reduced greenhouse gas emissions.

Essity is also committed to reducing its environmental impact across its supply chain. The company works closely with its suppliers to ensure they meet its sustainability standards and has implemented a range of measures to reduce the environmental impact of its products. For example, Essity has developed a range of sustainable packaging solutions, including recycled and biodegradable materials.

Overall, Essity is a leading global hygiene and health company that is committed to sustainability. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. Through its corporate energy initiatives, corporate PPAs, and renewable energy investments, Essity is making significant progress towards achieving its sustainability goals.

✓ Science Based Targets member
✓ Declared Net Zero commitment