Potential offtaker

Grundfos Holding A/S

www.grundfos.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Grundfos Holding A/S is a Danish company that operates in the Pump & Pumping Equipment sector. The company was founded in 1945 by Poul Due Jensen, and it has since grown to become one of the world's leading pump manufacturers. Grundfos is committed to sustainability and has made significant efforts to reduce its carbon footprint and promote the use of renewable energy.

Decarbonisation is a key focus for Grundfos. The company recognizes the urgent need to reduce greenhouse gas emissions and has set ambitious targets to achieve carbon neutrality by 2025. Grundfos has adopted a holistic approach to decarbonisation, addressing emissions from its own operations as well as those from its supply chain and end-users. The company is committed to reducing its energy consumption and has implemented a number of energy-saving measures, such as upgrading its lighting systems, optimizing its production processes, and investing in renewable energy.

Corporate energy is another area of focus for Grundfos. The company has implemented a number of initiatives to reduce its energy consumption and promote the use of renewable energy. For example, Grundfos has installed solar panels on the roofs of its production facilities, which generate clean energy to power its operations. The company has also implemented an energy management system to monitor and optimize its energy use. This system has helped Grundfos to identify areas where it can reduce energy consumption and improve efficiency.

Corporate power purchase agreements (PPAs) are an important tool for companies looking to transition to renewable energy. A corporate PPA is a long-term agreement between a company and a renewable energy provider, which guarantees a fixed price for renewable energy over a specified period. Grundfos has entered into several corporate PPAs to support its transition to renewable energy. For example, the company has signed a 10-year agreement with a wind farm in India, which will provide Grundfos with renewable energy to power its operations in the country. The company has also signed a PPA with a solar park in Spain, which will provide renewable energy to power its operations in the region.

Renewable energy is a key focus for Grundfos. The company recognizes the importance of transitioning to clean energy sources and has made significant investments in renewable energy. Grundfos has installed solar panels on the roofs of its production facilities, which generate clean energy to power its operations. The company has also invested in wind and solar projects around the world, which provide renewable energy to power its operations. In addition, Grundfos has developed a range of energy-efficient pumps and systems, which help its customers to reduce their energy consumption and transition to renewable energy.

Grundfos is committed to sustainability and has made significant efforts to reduce its carbon footprint and promote the use of renewable energy. The company's focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy reflects its commitment to sustainability and its recognition of the urgent need to address climate change. Grundfos is a leader in the Pump & Pumping Equipment sector and is setting an example for other companies to follow in their efforts to transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment