Potential offtaker

Minth Group Ltd.

www.minthgroup.com

Estimated electricity consumption

N/A

Countries of production presence

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MINTH Group Ltd is a Chinese company that operates in the auto parts sector. The company was founded in 1992 and has since grown to become a leading manufacturer of automotive body structural parts, trim parts, and decorative parts. MINTH Group Ltd is headquartered in Ningbo, China, and has over 30,000 employees across its global operations.

As the world continues to focus on decarbonisation, MINTH Group Ltd is taking steps to reduce its carbon footprint and promote sustainable practices. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% by 2030, and is actively exploring ways to achieve this goal.

One of the ways that MINTH Group Ltd is working towards decarbonisation is through the use of renewable energy. The company has installed solar panels at its manufacturing facilities in China, which generate clean energy to power its operations. In addition, MINTH Group Ltd is exploring other renewable energy sources, such as wind and hydro power, to further reduce its reliance on fossil fuels.

To support its renewable energy initiatives, MINTH Group Ltd is also exploring corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for renewable energy over a set period of time. By entering into a corporate PPA, MINTH Group Ltd can secure a reliable source of renewable energy and reduce its exposure to volatile energy prices.

In addition to its renewable energy initiatives, MINTH Group Ltd is also focused on corporate energy efficiency. The company has implemented a number of energy-saving measures across its operations, such as upgrading its lighting systems and improving its heating, ventilation, and air conditioning (HVAC) systems. These measures not only reduce the company's carbon footprint, but also help to lower its energy costs.

MINTH Group Ltd is committed to promoting sustainable practices across its operations, and has implemented a number of initiatives to achieve this goal. For example, the company has established a green supply chain management system, which encourages its suppliers to adopt sustainable practices and reduce their environmental impact. MINTH Group Ltd also works closely with its customers to develop sustainable products that meet their needs and promote environmental responsibility.

Overall, MINTH Group Ltd is a leading player in the auto parts sector, with a strong focus on sustainability and decarbonisation. The company's commitment to renewable energy, corporate energy efficiency, and sustainable practices sets it apart from its competitors, and positions it well for long-term success in a rapidly changing global economy.

✓ Declared Net Zero commitment