Potential offtaker

u-blox Holding AG

www.u-blox.com

Estimated electricity consumption

N/A

Countries of production presence

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U-BLOX HOLD AG is a Swiss company that operates in the Semiconductor Devices sector. The company was founded in 1997 and is headquartered in Thalwil, Switzerland. U-BLOX HOLD AG is a leading provider of wireless communication and positioning technologies for the automotive, industrial, and consumer markets. The company's products are used in a wide range of applications, including vehicle tracking, fleet management, smart cities, and precision agriculture.

U-BLOX HOLD AG is committed to decarbonisation and reducing its environmental impact. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy. U-BLOX HOLD AG is also committed to promoting sustainable practices throughout its supply chain and working with its customers to develop sustainable solutions.

One of the ways that U-BLOX HOLD AG is reducing its environmental impact is through corporate energy initiatives. The company has implemented a range of energy-saving measures, including the use of energy-efficient lighting and heating systems, and the installation of solar panels on its buildings. U-BLOX HOLD AG has also invested in energy-efficient equipment and processes to reduce its energy consumption.

In addition to its corporate energy initiatives, U-BLOX HOLD AG is also pursuing corporate power purchase agreements (PPAs) to increase its use of renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for renewable energy over a set period. By entering into PPAs, U-BLOX HOLD AG is able to secure a reliable and cost-effective source of renewable energy, while also supporting the development of new renewable energy projects.

U-BLOX HOLD AG has already signed several corporate PPAs with renewable energy providers. In 2019, the company signed a PPA with a wind farm in Finland, which will provide U-BLOX HOLD AG with 10 GWh of renewable energy per year. The company has also signed a PPA with a solar power plant in Spain, which will provide U-BLOX HOLD AG with 3 GWh of renewable energy per year.

U-BLOX HOLD AG's commitment to renewable energy is also reflected in its product portfolio. The company's wireless communication and positioning technologies are designed to be energy-efficient and to support the use of renewable energy sources. For example, U-BLOX HOLD AG's products are used in smart grid applications, which enable the integration of renewable energy sources into the electricity grid.

Overall, U-BLOX HOLD AG is a leading provider of wireless communication and positioning technologies, with a strong commitment to decarbonisation and renewable energy. The company's corporate energy initiatives and corporate PPAs are helping to reduce its environmental impact and support the development of new renewable energy projects. U-BLOX HOLD AG's products are also designed to be energy-efficient and to support the use of renewable energy sources, making the company a key player in the transition to a low-carbon economy.

✓ Declared Net Zero commitment