Potential offtaker

TWE Group

www.twe-group.com

Estimated electricity consumption

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Countries of production presence

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TWE Group is a leading German company that operates in the Nonwoven Fabric Mill sector. The company was founded in 1912 and has since grown to become one of the largest producers of nonwoven fabrics in Europe. TWE Group's products are used in a wide range of applications, including hygiene products, medical textiles, automotive interiors, and filtration systems.

TWE Group is committed to sustainability and has set ambitious targets for decarbonisation and the use of renewable energy. The company recognises that climate change is one of the most pressing issues facing the world today and is taking action to reduce its carbon footprint and promote the transition to a low-carbon economy.

One of the key ways in which TWE Group is working towards decarbonisation is through the use of renewable energy. The company has invested in a range of renewable energy technologies, including solar, wind, and biomass, to reduce its reliance on fossil fuels. TWE Group has also implemented energy efficiency measures across its operations to reduce energy consumption and emissions.

In addition to investing in renewable energy, TWE Group has also entered into corporate power purchase agreements (PPAs) to further support the development of renewable energy. Corporate PPAs are long-term contracts between companies and renewable energy developers, which provide a stable revenue stream for the developer and a reliable source of renewable energy for the company. TWE Group's corporate PPAs have helped to finance the construction of new renewable energy projects, which in turn has helped to accelerate the transition to a low-carbon economy.

TWE Group's commitment to renewable energy and decarbonisation is reflected in its corporate energy strategy. The company has set a target to reduce its greenhouse gas emissions by 50% by 2030, compared to 2015 levels. To achieve this target, TWE Group is focusing on energy efficiency, renewable energy, and the use of low-carbon technologies.

TWE Group's commitment to sustainability extends beyond its own operations. The company is also working with its suppliers and customers to promote sustainable practices throughout the supply chain. TWE Group has developed a sustainability programme that includes a code of conduct for suppliers, which sets out expectations for environmental and social performance. The company also works closely with customers to develop sustainable solutions that meet their needs.

In conclusion, TWE Group is a leading German company in the Nonwoven Fabric Mill sector that is committed to sustainability and decarbonisation. The company has set ambitious targets for reducing its carbon footprint and is investing in renewable energy and energy efficiency measures to achieve these targets. TWE Group's corporate PPAs have helped to finance the development of new renewable energy projects, which in turn has helped to accelerate the transition to a low-carbon economy. The company's commitment to sustainability extends beyond its own operations and includes working with suppliers and customers to promote sustainable practices throughout the supply chain.