Potential offtaker

GN Store Nord A/S

www.gn.com

Estimated electricity consumption

N/A

Countries of production presence

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GN Store Nord A/S is a Danish company that operates in the Personal Audio Devices sector. The company is a global leader in the design, development, and manufacture of innovative audio solutions that enable people to hear more, do more, and be more. GN Store Nord A/S has a strong commitment to sustainability and has made significant efforts to reduce its carbon footprint and transition to renewable energy sources. In this article, we will provide a detailed description of the company and its efforts towards decarbonisation, corporate energy, corporate PPA, and renewable energy.

GN Store Nord A/S was founded in 1869 and has since then been at the forefront of innovation in the audio industry. The company's products are designed to help people hear better, whether it's through hearing aids, headsets, or other audio devices. GN Store Nord A/S operates in two main business areas: GN Hearing and GN Audio. GN Hearing focuses on the development and manufacture of hearing aids, while GN Audio focuses on the development and manufacture of headsets and other audio devices.

Decarbonisation

GN Store Nord A/S is committed to reducing its carbon footprint and transitioning to a low-carbon economy. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of measures to achieve these targets. GN Store Nord A/S has adopted a science-based target to reduce its greenhouse gas emissions by 50% by 2030 compared to 2019 levels. This target is in line with the goals of the Paris Agreement to limit global warming to well below 2°C above pre-industrial levels.

To achieve its decarbonisation goals, GN Store Nord A/S has implemented a range of measures, including energy efficiency improvements, renewable energy sourcing, and carbon offsetting. The company has invested in energy-efficient technologies and processes to reduce its energy consumption and greenhouse gas emissions. It has also implemented a range of renewable energy projects, including solar and wind power, to reduce its reliance on fossil fuels.

Corporate Energy

GN Store Nord A/S is committed to reducing its energy consumption and improving its energy efficiency. The company has implemented a range of measures to achieve these goals, including energy audits, energy management systems, and employee engagement programs. GN Store Nord A/S has also invested in energy-efficient technologies and processes to reduce its energy consumption and greenhouse gas emissions.

The company has implemented an energy management system that is certified to the ISO 50001 standard. This system helps the company to identify energy-saving opportunities and to implement measures to reduce its energy consumption. GN Store Nord A/S has also implemented an employee engagement program to raise awareness of energy efficiency and to encourage employees to take action to reduce energy consumption.

Corporate PPA

GN Store Nord A/S has implemented a corporate power purchase agreement (PPA) to source renewable energy for its operations. The company has signed a long-term agreement with a renewable energy provider to purchase a portion of its electricity from renewable sources. This agreement helps the company to reduce its reliance on fossil fuels and to transition to a low-carbon economy.

The corporate PPA also provides GN Store Nord A/S with price stability and long-term energy security. By locking in a fixed price for a portion of its electricity needs, the company is protected from price volatility in the energy market. This provides the company with greater certainty and predictability in its energy costs, which is important for its financial planning and budgeting.

Renewable Energy

GN Store Nord A/S has made significant investments in renewable energy to reduce its reliance on fossil fuels and to transition to a low-carbon economy. The company has implemented a range of renewable energy projects, including solar and wind power. These projects help the company to reduce its greenhouse gas emissions and to contribute to the global effort to mitigate climate change.

GN Store Nord A/S has also implemented a range of energy efficiency measures to reduce its energy consumption and greenhouse gas emissions. The company has invested in energy-efficient technologies and processes, and has implemented an energy management system to identify energy-saving opportunities and to implement measures to reduce its energy consumption.

Conclusion

GN Store Nord A/S is a global leader in the design, development, and manufacture of innovative audio solutions. The company is committed to sustainability and has made significant efforts to reduce its carbon footprint and transition to renewable energy sources. GN Store Nord A/S has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of measures to achieve these targets. The company has invested in energy-efficient technologies and processes, implemented a corporate PPA, and implemented renewable energy projects to reduce its reliance on fossil fuels. GN Store Nord A/S is a shining example of a company that is committed to sustainability and is taking action to mitigate climate change.

✓ Science Based Targets member
✓ Declared Net Zero commitment