Potential offtaker

Assa Abloy AB

www.assaabloy.com

Estimated electricity consumption

N/A

Countries of production presence

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Assa Abloy AB is a Swedish multinational company that specializes in the production of security systems. The company was founded in 1994 and is headquartered in Stockholm, Sweden. Assa Abloy operates in over 70 countries worldwide and has a workforce of more than 48,000 employees. The company is focused on providing innovative security solutions that help to protect people, property, and assets.

Assa Abloy operates in the security systems sector, which is an industry that is constantly evolving due to technological advancements and changing customer needs. The company's product portfolio includes a wide range of security solutions, including door locks, access control systems, automatic doors, and entrance systems. Assa Abloy's products are used in a variety of settings, including commercial buildings, residential properties, and public institutions.

One of the key priorities for Assa Abloy is decarbonisation. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this goal. Assa Abloy has implemented a number of initiatives to reduce its energy consumption and increase its use of renewable energy sources. For example, the company has invested in energy-efficient lighting systems and has implemented measures to reduce energy consumption in its production facilities.

Assa Abloy is also focused on corporate energy management. The company has implemented a comprehensive energy management system that helps to monitor and control energy consumption across its operations. The system includes the use of advanced energy monitoring tools and software that enables the company to identify areas where energy consumption can be reduced.

In addition to its energy management initiatives, Assa Abloy is also committed to increasing its use of renewable energy sources. The company has implemented a corporate power purchase agreement (PPA) that enables it to purchase renewable energy directly from energy providers. This has enabled Assa Abloy to increase its use of renewable energy and reduce its reliance on fossil fuels.

Assa Abloy's commitment to decarbonisation and renewable energy has been recognized by a number of industry bodies. The company has received several awards for its sustainability initiatives, including the Green Supply Chain Award and the Sustainability Award.

Assa Abloy's commitment to sustainability is not limited to its energy management initiatives. The company is also focused on reducing waste and promoting sustainable practices across its operations. Assa Abloy has implemented a comprehensive waste management system that enables it to reduce waste and increase recycling. The company also uses sustainable materials in its products and packaging, and has implemented measures to reduce the environmental impact of its supply chain.

Assa Abloy's commitment to sustainability is driven by its belief that businesses have a responsibility to contribute to a more sustainable future. The company recognizes that its operations have an impact on the environment and is committed to reducing this impact through its sustainability initiatives.

In conclusion, Assa Abloy AB is a Swedish multinational company that operates in the security systems sector. The company is committed to decarbonisation and has implemented a range of initiatives to reduce its energy consumption and increase its use of renewable energy sources. Assa Abloy's commitment to sustainability is driven by its belief that businesses have a responsibility to contribute to a more sustainable future. The company's focus on sustainability has been recognized by a number of industry bodies and has helped to position Assa Abloy as a leader in the security systems sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment