Wallbox Aims for Net Zero Greenhouse Gas Emissions by 2030
Wallbox, a leading provider of electric vehicle charging and energy management solutions, has set an ambitious goal to achieve Net Zero greenhouse gas emissions across its global footprint by 2030. This announcement comes on the heels of the company's first sustainability report since listing on the New York Stock Exchange. The company's CEO, Enric Asunció, emphasized the importance of sustainability in Wallbox's mission and the need for companies to lead by example in reducing climate change.
Key Takeaways:
- Wallbox aims to achieve Net Zero greenhouse gas emissions across its global footprint by 2030, exceeding the Paris Climate Agreement goals by almost two decades.
- The company has reduced its HQ emissions by 18% in the past year through the installation of solar panels and the use of its proprietary energy management solution, Sirius.
- Wallbox plans to measure and reduce GHG emissions from its internal operations, offices, and facilities, as well as its value chain, in three phases: impact measurement, emissions reductions, and achieving a carbon-free internal footprint.
- The company will assess and reduce upstream and downstream emissions and may offset residual emissions where necessary to reach Net Zero by 2030.
- Wallbox intends to sign the Global Compact and undertake the UN's Sustainable Development Goals, and is on an accelerated track to achieve Net Zero GHG emissions by 2030, 20 years ahead of the Paris Agreement.
- The company uses its proprietary energy management system, Sirius, to track emissions in real-time and has identified the main greenhouse gas impacts along the value chain to implement meaningful measures to reduce emissions.
Statistics:
- Wallbox reduced its HQ emissions by 18% in the past year.
- The company's GHG emissions from internal operations in 2021 totaled 110 tons of carbon emissions.
- Wallbox aims to reduce emissions as much as possible and offset residual emissions only where necessary to reach Net Zero by 2030.
- The company has a global footprint in more than 90 countries and employs over 900 people in Europe, Asia, and the Americas.
Sources:
- Wallbox
- "Wallbox to reduce its global climate impact and exceed Paris Climate Agreement goals by almost two decades" (original press release)
- "Wallbox creates smart charging systems that combine innovative technology with outstanding design and manage the communication between vehicle, grid, building, and charger." (Wallbox description)
Note: The original press release date was May 5, but the text does not mention a specific year.