Potential offtaker

Siltronic AG

www.siltronic.com

Estimated electricity consumption

N/A

Countries of production presence

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Siltronic AG is a leading manufacturer of silicon wafers, which are used in the production of semiconductors. The company is headquartered in Munich, Germany, and has production facilities in Europe, Asia, and the United States. Siltronic AG is a publicly traded company and is listed on the Frankfurt Stock Exchange.

Siltronic AG is committed to decarbonisation and reducing its carbon footprint. The company recognizes the importance of sustainability and has set ambitious goals to reduce its greenhouse gas emissions. Siltronic AG is committed to reducing its carbon emissions by 50% by 2030 and achieving net-zero emissions by 2050.

To achieve its decarbonisation goals, Siltronic AG is investing in renewable energy and corporate energy projects. The company has installed solar panels at its production facilities in Germany and is exploring the use of wind and hydroelectric power. Siltronic AG is also investing in energy efficiency measures to reduce its energy consumption and carbon emissions.

One of the ways Siltronic AG is investing in renewable energy is through corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy provider to purchase electricity at a fixed price. By entering into a PPA, Siltronic AG can secure a reliable source of renewable energy and reduce its carbon footprint.

Siltronic AG has signed several corporate PPAs with renewable energy providers in Europe and the United States. In 2020, the company signed a PPA with a wind farm in Texas to purchase 100 MW of renewable energy. The wind farm will provide Siltronic AG with a reliable source of renewable energy and help the company achieve its decarbonisation goals.

Siltronic AG is also investing in corporate energy projects to reduce its carbon footprint. The company has installed energy-efficient lighting systems and HVAC systems at its production facilities. Siltronic AG is also exploring the use of energy storage systems to reduce its reliance on the grid and increase its use of renewable energy.

In addition to its commitment to decarbonisation, Siltronic AG is committed to sustainability and corporate social responsibility. The company has implemented a comprehensive sustainability strategy that includes reducing its water consumption, waste reduction, and responsible sourcing of raw materials.

Siltronic AG is committed to reducing its water consumption and has implemented measures to reduce its water usage. The company has installed water-saving technologies at its production facilities and is exploring the use of recycled water.

Siltronic AG is also committed to responsible sourcing of raw materials. The company has implemented a comprehensive raw material sourcing policy that includes ethical and environmental considerations. Siltronic AG works with suppliers to ensure that raw materials are sourced responsibly and sustainably.

In conclusion, Siltronic AG is a leading manufacturer of silicon wafers and is committed to decarbonisation and sustainability. The company is investing in renewable energy and corporate energy projects to reduce its carbon footprint and achieve its decarbonisation goals. Siltronic AG is also committed to responsible sourcing of raw materials and reducing its water consumption. The company's commitment to sustainability and corporate social responsibility makes it a leader in the Silicon Products sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment