FUCHS LUBRICANTS SOUTH AFRICA takes another step to realise its net zero goal
Lubricant manufacturer and supplier FUCHS LUBRICANTS SOUTH AFRICA has concluded a Power Purchase Agreement (PPA) with Solareff to procure solar PV system-generated electricity, reveals Sustainability Director Esther Seabi, to reduce the company’s yearly CO2e emissions. “This is a major step towards achieving our targets,” she notes.
“The PPA will significantly increase our use of renewable energy from around 11% to 30% of our total electricity consumed. It is a key project for us to achieve our net zero targets,” comments Managing Director, Paul Deppe. In terms of the newly signed PPA, Solareff will design, install and operate a solar PV system that will provide power for the warehouse, head office and manufacturing facilities.
The FUCHS Group has rolled out ambitious targets which include mandatory use of renewable energy. While the uptake of renewable energy is more advanced in Europe, Seabi says multinationals like FUCHS are ensuring that their regional operations adhere to all local and international regulations regarding sustainability, including corporate goals and targets. This helps to set a global benchmark. “It is an exciting journey,” says Seabi.
FUCHS LUBRICANTS SOUTH AFRICA has developed its own roadmap to 2030 to reduce its GHG emissions by 46% compared to 2021. These initiatives include increased uptake of renewable energy through the PPA and future electricity wheeling and energy efficiency projects.
Ends
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Notes to the Editor
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About FUCHS
FUCHS develops, produces, and markets high-grade lubricants and related specialties for virtually all industries Founded in 1931 as a family business in Mannheim, FUCHS is now the world's largest independent supplier of innovative lubricant solutions, covering almost every industry and application. Today, the company’s 6 000 employees in over 50 countries still share the same goal: To keep the world moving both sustainably and efficiently.
To live up to this claim, we think in terms of perfection, not merely standards. When developing individual solutions, we enter into an intensive customer dialogue – acting as an experienced consultant, innovative problem solver and reliable team partner. The results we provide meet not only the highest technological requirements, but also help customers save on operating costs and emissions. Because at FUCHS, sustainability is not simply an empty phrase, but a mindset – and thus the basis and aspiration of all our business activity.
FUCHS LUBRICANTS SOUTH AFRICA Contact
Kayla Van Vught
Marketing Specialist
Phone: (011) 565 9738
Email: kayla.vanvught@fuchs.com
Web: www.fuchs.com/za
