Georg Fischer AG is a Swiss company that operates in the Flow Control Equipment sector. The company has a long history, dating back to 1802, when it was founded as a small foundry in Schaffhausen, Switzerland. Today, Georg Fischer AG is a global leader in the manufacture and distribution of products and solutions for the transportation of fluids and gases.
The company's products are used in a wide range of industries, including water treatment, chemical processing, oil and gas, and food and beverage. Georg Fischer AG's portfolio includes pipes, fittings, valves, pumps, and measurement and control systems. The company's products are known for their high quality, reliability, and durability.
Georg Fischer AG is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy. In 2020, Georg Fischer AG joined the Science Based Targets initiative, which provides companies with a framework to set science-based emissions reduction targets.
One of the ways that Georg Fischer AG is reducing its carbon footprint is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price. By entering into a corporate PPA, Georg Fischer AG is able to secure a reliable source of renewable energy and reduce its dependence on fossil fuels.
Georg Fischer AG has also invested in its own renewable energy infrastructure. The company has installed solar panels on the roofs of its production facilities and has built wind turbines at some of its sites. These investments not only reduce the company's carbon footprint but also provide cost savings by generating electricity on-site.
In addition to reducing its carbon footprint, Georg Fischer AG is also focused on improving its corporate energy efficiency. The company has implemented a number of measures to reduce energy consumption, such as upgrading lighting systems and optimizing production processes. These efforts have not only reduced the company's greenhouse gas emissions but also improved its bottom line by reducing energy costs.
Georg Fischer AG's commitment to sustainability extends beyond its own operations. The company is also working with its suppliers to reduce their environmental impact. Georg Fischer AG has implemented a supplier code of conduct that includes environmental requirements, and the company regularly audits its suppliers to ensure compliance.
Georg Fischer AG's commitment to sustainability has been recognized by a number of organizations. In 2020, the company was included in the Dow Jones Sustainability Index for the 13th consecutive year. The index recognizes companies that demonstrate leadership in sustainability and environmental, social, and governance (ESG) performance.
In conclusion, Georg Fischer AG is a Swiss company that operates in the Flow Control Equipment sector. The company is committed to decarbonisation and reducing its carbon footprint. Georg Fischer AG has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy. The company is using corporate power purchase agreements and investing in its own renewable energy infrastructure to achieve these goals. In addition, Georg Fischer AG is focused on improving its corporate energy efficiency and working with its suppliers to reduce their environmental impact. The company's commitment to sustainability has been recognized by a number of organizations, including the Dow Jones Sustainability Index.