IMI PLC is a leading global engineering company headquartered in the United Kingdom, which specializes in the design, manufacture, and distribution of flow control equipment. The company has a rich history dating back to 1862, and it has grown to become a key player in the industry, with operations in over 50 countries worldwide.

IMI PLC's core business is focused on providing innovative solutions for fluid and gas control, with a particular emphasis on energy efficiency and sustainability. The company's products and services are used in a wide range of applications, including power generation, oil and gas, water treatment, and industrial processes.

One of the key priorities for IMI PLC is decarbonisation, which is the process of reducing carbon emissions and transitioning to a low-carbon economy. The company recognizes the urgent need to address climate change and has made a commitment to support the transition to a more sustainable future.

To achieve this goal, IMI PLC has developed a range of products and services that help customers to reduce their carbon footprint. For example, the company's energy-efficient valves and actuators are designed to minimize energy consumption and optimize performance, thereby reducing greenhouse gas emissions. In addition, IMI PLC offers a range of renewable energy solutions, such as solar panels and wind turbines, which enable customers to generate their own clean energy.

Another important aspect of IMI PLC's sustainability strategy is corporate energy management. The company recognizes that energy is a significant cost for many businesses and has developed a range of tools and services to help customers manage their energy consumption more effectively. This includes energy audits, which identify areas for improvement, and energy management software, which enables customers to monitor and control their energy use in real-time.

One of the most innovative solutions offered by IMI PLC is corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which enables the company to purchase renewable energy at a fixed price over a period of several years. This provides a stable and predictable source of renewable energy, which can help companies to reduce their carbon footprint and achieve their sustainability goals.

IMI PLC has been at the forefront of the corporate PPA market, having signed several agreements with renewable energy providers in recent years. For example, the company signed a 10-year PPA with a wind farm in Scotland, which will provide 50% of the electricity needed to power its manufacturing facilities in the UK. This is a significant step towards achieving the company's goal of sourcing 100% renewable energy by 2050.

In addition to its focus on sustainability, IMI PLC is also committed to innovation and excellence in engineering. The company invests heavily in research and development, and has a team of over 1,000 engineers and scientists working on new technologies and solutions. This has enabled IMI PLC to develop a range of cutting-edge products, such as its IMI Norgren X range of valves and actuators, which are designed to deliver superior performance and reliability.

IMI PLC's commitment to sustainability and innovation has been recognized by a range of industry awards and accolades. For example, the company was named as one of the world's most ethical companies by the Ethisphere Institute for the fifth consecutive year in 2021. This reflects the company's commitment to ethical business practices, sustainability, and social responsibility.

In conclusion, IMI PLC is a leading global engineering company that operates in the flow control equipment sector. The company is committed to sustainability and decarbonisation, and has developed a range of innovative products and services to help customers reduce their carbon footprint and achieve their sustainability goals. IMI PLC's corporate energy management solutions, renewable energy offerings, and corporate PPA agreements are all examples of the company's commitment to sustainability and innovation. With a strong focus on engineering excellence and a commitment to ethical business practices, IMI PLC is well positioned to continue to lead the industry in the years ahead.