Potential offtaker

Electro Aco Altona SA

www.altona.com.br

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Which other companies from Brazil are actively involved in decarbonization initiatives?
  • Gerdau SA
  • Braskem S.A.
  • Ferbasa
  • Vulcabras Azaleia
  • EDP - Energias do Brasil SA
  • Gelopar Refrigeração Paranaense Ltda
  • Electro Aço Altona S.A. is a Brazilian steel producer that has been operating in the market for over 60 years. The company is headquartered in Joinville, Santa Catarina, and has a production capacity of 600,000 tons of steel per year. Electro Aço Altona S.A. is committed to sustainability and has implemented several initiatives to reduce its environmental impact, including decarbonisation, corporate energy, corporate PPA, and renewable energy.

    Decarbonisation is a key priority for Electro Aço Altona S.A. The company has set ambitious targets to reduce its greenhouse gas emissions and is actively working to achieve them. One of the main strategies that the company is implementing to reduce its carbon footprint is the use of renewable energy sources. Electro Aço Altona S.A. has invested in solar and wind energy projects, which have helped to reduce the company's dependence on fossil fuels and lower its emissions.

    Corporate energy is another important aspect of Electro Aço Altona S.A.'s sustainability strategy. The company has implemented several measures to improve its energy efficiency and reduce its energy consumption. For example, Electro Aço Altona S.A. has invested in energy-efficient equipment and has implemented energy management systems to monitor and optimize its energy use. These initiatives have not only helped to reduce the company's environmental impact but have also resulted in significant cost savings.

    Corporate PPA (Power Purchase Agreement) is another important initiative that Electro Aço Altona S.A. has implemented to support its sustainability goals. The company has signed long-term contracts with renewable energy providers to purchase clean energy at a fixed price. These agreements have helped to increase the share of renewable energy in the company's energy mix and have also provided a stable and predictable source of energy for the company's operations.

    Renewable energy is a key focus for Electro Aço Altona S.A. The company has invested in several renewable energy projects, including solar and wind energy, to reduce its dependence on fossil fuels and lower its carbon footprint. Electro Aço Altona S.A. has also implemented measures to increase the efficiency of its renewable energy systems, such as the use of energy storage systems and smart grid technologies. These initiatives have not only helped to reduce the company's environmental impact but have also provided a reliable and cost-effective source of energy for its operations.

    In addition to its sustainability initiatives, Electro Aço Altona S.A. is also committed to social responsibility. The company has implemented several programs to support the local community, including education and training programs, health and safety initiatives, and support for local businesses. Electro Aço Altona S.A. also has a strong commitment to ethical business practices and has implemented several measures to ensure compliance with local and international regulations.

    Overall, Electro Aço Altona S.A. is a leading Brazilian steel producer that is committed to sustainability and social responsibility. The company's initiatives in decarbonisation, corporate energy, corporate PPA, and renewable energy are helping to reduce its environmental impact and provide a reliable and cost-effective source of energy for its operations. Electro Aço Altona S.A.'s commitment to social responsibility and ethical business practices also sets it apart as a leader in the industry.

    ✓ Science Based Targets member
    Nurturing Sustainability: Approaches to Decarbonize Casting of steel

    Which companies in the industry of Casting of steel have made significant pledges or efforts to address global warming?
  • Ib Andresen Industri A/S
  • BHC Ltd
  • Nippon Steel Trading Corporation
  • Evraz PLC
  • Salzgitter AG