Alfa Laval, a Swedish manufacturer of heat exchangers and other equipment for CO2, ammonia and hydrocarbon applications, has joined the “1.5°C Business Playbook,” a climate initiative aimed at shifting businesses to zero-carbon solutions.
The 1.5°C Business Playbook initiative, launched in January 2020 at the World Economic forum in Davos, Switzerland, provides tools for companies and organizations to halve emissions at least every 10 years in order to limit global temperatures from rising more than 1.5°C (2.7F) above pre-industrial levels.
The initiative is supported by the International Chamber of Commerce (ICC), the World Business Council for Sustainable Development (WBCSD), Ericsson, IKEA, Scania, Telia Company, WWF,Skanska, the Potsdam Institute for Climate Research and many additional partners andcontributors.
Being a supporting partner to this initiative “is in line with Alfa Laval’s ambition to become carbon neutral within the next ten years,” the company said in a statement.
Alfa Laval said it will use the playbook in its own strategy work, and when supporting suppliers, customers and partners in their efforts to reduce carbon emissions.
“If we agree that the world needs to shift to a carbon-neutral economy, then we must do our part in the value chain,” says Tom Erixon, President and CEO of Alfa Laval. “In Alfa Laval, we have the ambition to become carbon neutral by 2030. Reaching this goal will require partnerships. Therefore, we are pleased to support this initiative which is based on the latest science and focuses on simplicity and speed.”
Alfa Laval will continue its efforts to reduce emissions in its own value chain and support its customers’ sustainability efforts, such as reducing their water and energy consumption, through a broad offering of sustainable solutions.
The company said it has managed a reduction in energy consumption, despite large production increases, with, more than 70% of its electricity coming from renewable sources.
If we agree that the world needs to shift to a carbon-neutral economy, then we must do our part in the value chain.Tom Erixon, Alfa Laval