Increasing energy efficiency
As an energy-intensive business, we continuously upgrade our facilities and processes to improve energy efficiency and reduce emissions. Most of our processes are already electrified, which provides a competitive advantage compared to operations that still rely on fossil-based fuels. Energy sourcing is adapted to local conditions, with each site on its own journey toward fossil-free operations.
Recent actions include:
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- Replacing an oil boiler with geothermal heating.
- Installing solar panels at our sites in Suzhou, China, and San José Iturbide, Mexico, generating up to 11% of annual electricity demand.
- Transitioning to fossil-free electricity at several facilities.
In 2024, solar power at these two sites alone reduced greenhouse gas (GHG) emissions by approximately 674 tons of CO₂e.
Climate action and policy
Our Environmental Policy guides how we address climate change and environmental challenges. It applies to all sites and sets both global and local targets. Beyond our own operations, we also collaborate with suppliers and prioritize those who actively reduce their climate impact and provide transparent emission data.
We work with transporters to reduce the footprint of logistics and supply chain operations, choosing low-emission transport options and evaluating providers based on verified emissions data.
Carbon reduction targets
We have set ambitious GHG reduction targets in line with the Paris Agreement and the goal of limiting global warming to 1.5°C:
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- Scope 1 & 2: Reduce emissions to 134 kg CO₂e per ton of wire by 2030.
- This represents an 83% reduction compared to the 2020 baseline.
- In absolute terms, this equals 16,000 tons CO₂e in 2030, a 59% reduction, even though production volumes will be higher than in 2020.
Currently, we are developing action plans across all sites to phase out fossil fuels, grouped into key categories with quantified contributions toward emission reduction. Some gaps remain, and closing them is a top priority.
For Scope 3 emissions, we are collecting baseline data to set future targets. Here, our influence is limited, but we engage with stakeholders across the value chain and track their forward-looking commitments to reduce emissions.