Potential offtaker

Ultra Electronics Holdings plc

www.ultra.group

Estimated electricity consumption

N/A

Countries of production presence

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Ultra Electronics Holdings PLC is a UK-based company that operates in the Electronics & Mission Systems sector. The company is a leading provider of solutions and services for critical applications in defense, security, and aerospace. Ultra Electronics has a global presence, with operations in North America, Europe, and Asia. The company has a strong focus on innovation and has a track record of developing cutting-edge technologies that meet the needs of its customers.

Decarbonisation is a key priority for Ultra Electronics. The company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. As a result, Ultra Electronics has set ambitious targets to reduce its carbon footprint and transition to a low-carbon economy. The company is committed to reducing its greenhouse gas emissions by 50% by 2030, compared to its 2019 baseline.

To achieve this goal, Ultra Electronics is implementing a range of measures to improve energy efficiency and increase the use of renewable energy. The company has invested in energy-efficient technologies, such as LED lighting and HVAC systems, to reduce its energy consumption. Ultra Electronics has also implemented a corporate energy management system to monitor and optimize its energy use.

Renewable energy is a key component of Ultra Electronics' decarbonisation strategy. The company has set a target to source 100% of its electricity from renewable sources by 2025. To achieve this goal, Ultra Electronics is exploring a range of renewable energy options, including solar, wind, and hydropower. The company is also investing in on-site renewable energy generation, such as solar panels and wind turbines, to reduce its reliance on grid electricity.

Corporate power purchase agreements (PPAs) are another important tool in Ultra Electronics' renewable energy strategy. PPAs allow companies to purchase renewable energy directly from generators, often at a lower cost than grid electricity. Ultra Electronics has signed several corporate PPAs with renewable energy providers, which will provide the company with a reliable and cost-effective source of renewable energy.

In addition to its own decarbonisation efforts, Ultra Electronics is working with its customers to help them reduce their carbon footprint. The company provides a range of solutions and services that enable its customers to improve energy efficiency, reduce waste, and transition to renewable energy. Ultra Electronics' expertise in electronics and mission systems makes it well-positioned to develop innovative solutions that meet the unique needs of its customers.

Overall, Ultra Electronics Holdings PLC is a leading provider of solutions and services for critical applications in defense, security, and aerospace. The company is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint and transition to a low-carbon economy. Ultra Electronics is investing in energy-efficient technologies, renewable energy, and corporate PPAs to achieve its goals. The company's expertise in electronics and mission systems makes it well-positioned to develop innovative solutions that help its customers reduce their carbon footprint and mitigate the impacts of climate change.

✓ Declared Net Zero commitment