Planet Act #8
Vaisala – On the road to 100% renewable electricity
We are ambitious not only in our technological advances but also in creating a more sustainable business model for our industry. The 100% target has been an important milestone for us, and I am proud to say we will achieve the goal in 2020, as we set out to do in 2015. We have always been at the forefront of developing and committing to sustainable technologies and are happy to continue on that path.
We firmly believe in a future in which societies are powered by renewable energy, and we strive continuously to improve the energy efficiency in our facilities. As a member of the RE100 initiative, we will use 100% renewable electricity in our facilities by the end of 2020.
On the road to 100% renewable electricity
Vaisala’s solutions help renewable energy operators produce sustainable energy efficiently which helps to increase the amount of renewable energy globally. We are strongly involved in the renewable energy industry through our customers, but we also see a clear benefit in advancing the use of renewable energy sources. We believe that the private sector needs to be the driver of change and accelerate the transition to a low-carbon economy. Therefore, renewable energy lies at the heart of our sustainable practices. Vaisala is a member of RE100, a global initiative encouraging the world’s most influential companies to make a 100% renewable electricity commitment within a clear timeframe.
Following the initiative, we have taken many actions to ensure 100% renewable electricity in our facilities by the end of 2020. At the moment, in May 2020, we are close to our target: 93% of the electricity we consume comes from renewable sources, mainly from wind power. We have been able to achieve this with a combination of self-produced energy and green electricity products purchased from local energy companies. Our manufacturing sites in Finland and the United States use solar panels to produce clean energy, and in 2019, we also started to purchase data center services powered by renewable energy.
To achieve the remaining part of our 100% renewable electricity target, we will purchase unbundled renewable energy attribute certificates from the market. An energy attribute certificate is a market-based instrument that proves the renewable origin of produced energy. Each certificate provides a proof that 1 MWh of renewable energy has been produced in the same region. These certificates are needed to cover electricity consumption on those sites that cannot negotiate their own electricity contracts and therefore cannot directly choose to consume renewable electricity.