Progress-Werk Oberkirch AG is a leading German company operating in the Auto Electrical & Electronics sector. With a history spanning over 100 years, the company has established itself as a reliable and innovative supplier of high-quality products and services to the automotive industry. The company's commitment to sustainability and decarbonisation is evident in its corporate energy strategy, which includes the use of renewable energy sources and the implementation of corporate power purchase agreements (PPAs).
Decarbonisation is a key priority for Progress-Werk Oberkirch AG, as the company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. To this end, the company has implemented a range of measures to reduce its carbon footprint, including the use of renewable energy sources such as solar and wind power. In addition, the company has invested in energy-efficient technologies and processes, such as LED lighting and energy-efficient heating and cooling systems, to reduce its energy consumption and carbon emissions.
Corporate energy is another important focus area for Progress-Werk Oberkirch AG. The company recognizes the importance of managing its energy consumption and costs effectively, and has implemented a range of measures to achieve this. These include the use of energy monitoring and management systems, the implementation of energy-efficient technologies and processes, and the adoption of best practices in energy management.
Corporate PPAs are an important part of Progress-Werk Oberkirch AG's energy strategy, as they enable the company to secure a reliable and cost-effective supply of renewable energy. Under a PPA, the company enters into a long-term contract with a renewable energy provider to purchase a specified amount of energy at a fixed price. This provides the company with greater certainty and control over its energy costs, while also supporting the development of renewable energy projects.
Renewable energy is a key focus area for Progress-Werk Oberkirch AG, as the company recognizes the importance of transitioning to a low-carbon economy. The company has invested in a range of renewable energy technologies, including solar and wind power, and has implemented measures to increase the use of renewable energy in its operations. This includes the installation of solar panels on the roofs of its production facilities, and the use of renewable energy sources to power its manufacturing processes.
In addition to its focus on sustainability and decarbonisation, Progress-Werk Oberkirch AG is also committed to innovation and continuous improvement. The company invests heavily in research and development, and works closely with its customers to develop innovative solutions that meet their evolving needs. This includes the development of new products and technologies, as well as the implementation of best practices in manufacturing and supply chain management.
Overall, Progress-Werk Oberkirch AG is a leading German company operating in the Auto Electrical & Electronics sector, with a strong focus on sustainability, decarbonisation, corporate energy, and renewable energy. The company's commitment to these areas is evident in its energy strategy, which includes the use of renewable energy sources, the implementation of corporate PPAs, and the adoption of best practices in energy management. With a strong focus on innovation and continuous improvement, the company is well positioned to meet the evolving needs of its customers and contribute to the transition to a low-carbon economy.