Potential offtaker

Wacker Chemie AG

www.wacker.com

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Which other companies from Germany are actively involved in decarbonization initiatives?
  • Klöckner & Co
  • Deutsche Bahn
  • Deutsche Telekom
  • thyssenkrupp AG
  • Neumarkter Lammsbräu Gebr. Ehrnsperger KG
  • Ensinger GmbH, Germany
  • Wacker Chemie AG is a German chemical company that operates in the synthetic rubber sector. The company was founded in 1914 and has since grown to become one of the leading producers of specialty chemicals in the world. With a focus on innovation, sustainability, and customer satisfaction, Wacker Chemie AG has established itself as a reliable partner for businesses across a range of industries.

    In recent years, Wacker Chemie AG has made significant strides in its efforts to decarbonize its operations and reduce its carbon footprint. As a company that relies heavily on energy-intensive processes, Wacker Chemie AG recognizes the importance of transitioning to renewable energy sources in order to reduce its environmental impact. To this end, the company has implemented a number of initiatives aimed at promoting the use of renewable energy and reducing its reliance on fossil fuels.

    One of the key initiatives that Wacker Chemie AG has undertaken in this regard is the implementation of a corporate energy strategy. This strategy involves a comprehensive approach to energy management, including the optimization of energy consumption, the use of energy-efficient technologies, and the integration of renewable energy sources into the company's operations. By adopting this strategy, Wacker Chemie AG aims to reduce its energy consumption and greenhouse gas emissions, while also improving its overall energy efficiency.

    Another important initiative that Wacker Chemie AG has undertaken is the implementation of corporate power purchase agreements (PPAs). PPAs are contracts between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy over a specified period of time. By entering into these agreements, Wacker Chemie AG is able to secure a reliable source of renewable energy, while also supporting the development of renewable energy infrastructure.

    Wacker Chemie AG has also made significant investments in renewable energy infrastructure, including the construction of solar and wind power plants. These investments not only help to reduce the company's carbon footprint, but also contribute to the development of renewable energy infrastructure in the regions where the company operates.

    In addition to its efforts to decarbonize its operations, Wacker Chemie AG is also committed to promoting sustainability across its entire value chain. This includes working with suppliers to ensure that they meet the company's sustainability standards, as well as developing sustainable products that meet the needs of customers while also minimizing their environmental impact.

    Overall, Wacker Chemie AG is a company that is committed to sustainability and decarbonization. Through its corporate energy strategy, corporate PPAs, and investments in renewable energy infrastructure, the company is taking concrete steps to reduce its carbon footprint and promote the transition to a more sustainable energy system. As a leader in the synthetic rubber sector, Wacker Chemie AG is setting an example for other companies to follow, demonstrating that it is possible to operate in a sustainable and responsible manner while also achieving business success.

    ✓ Current offtaker under Corporate PPA's
    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment