Table of contents
Planet
Power Quality Supply System in Spain To further improve the energy efficiency of our plant in Spain we decided to invest in an IEQSY power quality supply system. The functions of the new system are: • Monitoring consumption and balancing the 3 phases, reducing neutral losses; • Reducing and absorbing the micro transients; • Reducing the loses in the system due to the Joule effect; • Improving the power factor of the system to 0,99; • Reducing the harmonic distortion in voltage and in intensity. Thanks to the new system, we are able to achieve up to 14% less power consumption with the same production set-up. Our SBTi validation is a strong signal that our innovation-led, science-based targets are driving real climate action, not just in our solutions, but across our operational entities. It reaffirms our commitment to help deliver on the Paris Agreement and shape a more sustainable future.
Scope 2 Emissions Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling. Our Scope 2 emissions inventory is limited to electricity, as we only purchase electricity from listed sources. In 2024, our total Scope 2 CO 2 emissions were 1,489 tonnes, an increase of 7% compared to 2023 (1,392 tonnes), but still 36% lower than our base year 2019 (2,343 tonnes). The reduction compared to the base year is due to our ongoing efforts to purchase electricity from renewable sources wherever possible. Today, our production sites in Spain, Australia and Portugal use 100% green electricity. Although we continue to increase the proportion of ‘green’ electricity we use, and our total electricity consumption also decreased by 6% (7,158 MWh in 2024), the increased proportion of fully electric cars in our fleets caused our total Scope 2 emissions to increase slightly in 2024.
Proportion of Green Electricity % Proportion of Green Electricity %
30%
70%
Green Electricity Fossil Based Electricity
Scope 2 emissions (tCO 2 e) Scope 2 Emissions (tCO 2 e)
3K
2 343
2K
1 489
1 392
1K
SBTI Target 2030
7.2 By 2030, increase substantially the share of renewable energy in the global energy mix.
Peter Bos Chief Technology, Innovation and Operations Officer
0K
2023
2020
2022
19
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