thyssenkrupp AG is a German multinational conglomerate that operates in various sectors, including steel production, industrial engineering, and materials services. The company has a long-standing history of over 200 years and is headquartered in Essen, Germany. thyssenkrupp is one of the world's leading steel producers, with a strong focus on sustainability and decarbonisation.

Decarbonisation is a key priority for thyssenkrupp, and the company has set ambitious targets to reduce its carbon footprint. In 2020, thyssenkrupp announced its goal to become carbon neutral by 2050, in line with the Paris Agreement's objectives. The company has also committed to reducing its greenhouse gas emissions by 30% by 2030, compared to 2018 levels.

To achieve these targets, thyssenkrupp is investing heavily in renewable energy and energy efficiency measures. The company has already made significant progress in this area, with over 20% of its electricity consumption coming from renewable sources. thyssenkrupp is also exploring new technologies such as hydrogen and carbon capture and storage to further reduce its carbon emissions.

Corporate energy is another area of focus for thyssenkrupp. The company is committed to reducing its energy consumption and improving its energy efficiency. thyssenkrupp has implemented various measures to achieve this, including the use of energy-efficient technologies, the optimisation of production processes, and the implementation of energy management systems. The company has also set a target to reduce its energy consumption by 20% by 2030, compared to 2018 levels.

Corporate power purchase agreements (PPAs) are an increasingly popular way for companies to source renewable energy. thyssenkrupp has signed several corporate PPAs to support its renewable energy goals. In 2020, the company signed a long-term PPA with a wind farm in Spain, which will provide 100% of the electricity needed for thyssenkrupp's steel production in the country. The PPA will help thyssenkrupp to reduce its carbon emissions by 50,000 tonnes per year.

Renewable energy is a key part of thyssenkrupp's decarbonisation strategy. The company has invested heavily in renewable energy projects, including wind and solar farms. thyssenkrupp is also exploring new technologies such as green hydrogen, which has the potential to revolutionise the steel industry. The company is working with partners to develop a green hydrogen production plant, which will be used to produce steel using renewable energy.

In addition to its focus on decarbonisation and renewable energy, thyssenkrupp is committed to sustainability across its operations. The company has set ambitious targets to reduce its water consumption, waste generation, and air pollution. thyssenkrupp is also committed to promoting diversity and inclusion in its workforce and has set a target to increase the proportion of women in leadership positions to 20% by 2025.

In conclusion, thyssenkrupp AG is a leading German multinational conglomerate that operates in various sectors, including steel production. The company has a strong focus on sustainability and decarbonisation, with ambitious targets to become carbon neutral by 2050. thyssenkrupp is investing heavily in renewable energy and energy efficiency measures and has signed several corporate PPAs to support its renewable energy goals. The company is also exploring new technologies such as hydrogen to further reduce its carbon emissions. Overall, thyssenkrupp is a leader in sustainable business practices and is committed to driving positive change across its operations.