Potential offtaker

Zimmer Biomet Holdings

www.zimmerbiomet.com

Estimated electricity consumption

N/A

Countries of production presence

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Zimmer Biomet Holdings is a leading medical technology company that specializes in the development, manufacturing, and marketing of innovative orthopedic and musculoskeletal medical devices. The company is headquartered in Warsaw, Indiana, and operates in over 100 countries worldwide. Zimmer Biomet Holdings is committed to improving the quality of life for patients suffering from musculoskeletal disorders by providing advanced solutions that restore mobility and alleviate pain.

The company's product portfolio includes a wide range of reconstructive implants, such as knee and hip replacements, shoulder and elbow implants, and trauma and spine products. Zimmer Biomet Holdings also offers surgical instruments, digital health solutions, and other related products and services. The company's products are designed to meet the needs of patients of all ages and activity levels, from athletes to the elderly.

As a global leader in the medical technology industry, Zimmer Biomet Holdings recognizes the importance of sustainability and decarbonization. The company is committed to reducing its carbon footprint and has implemented various initiatives to achieve this goal. One of the key initiatives is the use of renewable energy sources to power its operations.

Zimmer Biomet Holdings has made significant investments in renewable energy, including the installation of solar panels at its manufacturing facilities. The company has also implemented energy-efficient technologies to reduce its energy consumption and has set targets to reduce its greenhouse gas emissions. Zimmer Biomet Holdings is committed to achieving carbon neutrality by 2025 and has developed a comprehensive plan to achieve this goal.

One of the key components of Zimmer Biomet Holdings' decarbonization strategy is the use of corporate power purchase agreements (PPAs) for renewable energy. PPAs allow the company to purchase renewable energy directly from a wind or solar farm, reducing its reliance on fossil fuels. Zimmer Biomet Holdings has signed several PPAs for renewable energy, including a 12-year agreement to purchase 100% of the electricity generated by a wind farm in Texas.

In addition to its renewable energy initiatives, Zimmer Biomet Holdings has also implemented a comprehensive corporate energy management program. The program includes energy audits, energy-efficient lighting and HVAC systems, and employee engagement initiatives to encourage energy conservation. The company has also implemented a waste reduction program to minimize its environmental impact.

Zimmer Biomet Holdings' commitment to sustainability extends beyond its operations to its products and services. The company is dedicated to developing innovative products that minimize their environmental impact while improving patient outcomes. For example, the company's Persona Knee System is designed to reduce the amount of bone removed during knee replacement surgery, resulting in less waste and a faster recovery time for patients.

Overall, Zimmer Biomet Holdings is a leading medical technology company that is committed to sustainability and decarbonization. The company's renewable energy initiatives, corporate energy management program, and waste reduction program demonstrate its commitment to reducing its environmental impact. Zimmer Biomet Holdings' dedication to sustainability extends to its products and services, ensuring that patients receive advanced solutions that improve their quality of life while minimizing their environmental impact.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member
✓ Declared Net Zero commitment