GPV's Strong Focus to Reduce Greenhouse Gas Emissions
June 5, 2024 | GPVEstimated reading time: 1 minute
We have a target of a 70% reduction in greenhouse gas intensity in our scope 1 and 2 emissions by 2028 from a 2020 baseline, and we proactively work to implement initiatives that support us in reaching this target.
One of the initiatives is to install solar panels on several of our Operating Business Units (OBUs). Currently, several projects are in process, e.g. the implementation of solar panels on the factory rooftop of our electronics factory in Bangkok.
“We expect our solar system to be installed by the end of Q2, 2024. With this additive source of renewable energy, we expect to reduce our electricity dependency to the grid by up to 27% compared to 2023. This is an important step in reducing our carbon footprint and providing a greener manufacturing option for our customers,” says Bjorn Fiskers, MD at GPV Electronics TH, and continues:
“The installation of the solar panels is currently progressing according to plan. We have now received the 79 pallets of solar panels. Assembly and installation will be initiated in the beginning of June 2024 and the solar panels are expected to be functional in the beginning of July 2024.”
Ongoing projects with solar panels
On 6 May 2024, we were handed the keys to an additional 7,000 sqm to our current 15,000 sqm electronics factory in Thailand. The additional 7,000 sqm comes from the refurbishment of our previous mechanics factory, which is located in the same building as our electronics facilities. During the refurbishment, the roof of the factory has been replaced to be able to support the solar panels.
Apart from the solar panels at our electronics facility in Thailand, we have just finalised the installation of solar panels at our electronics factory in Suzhou, China, and are also working on installing solar panels at our electronics factory in Sri Lanka. Furthermore, a solar panel project at our mechanics site in Thailand will soon be initiated and is expected to be up and running in Q4 2024.
Read more about our environmental initiatives in the GPV extract of the ESG report from our owners Schouw & Co.
Suggested Items
KYZEN to Spotlight Solvent Solutions for Medical Device Cleaning at MD&M Minneapolis
10/04/2024 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, will exhibit at MD&M Minneapolis 2024, scheduled to take place Oct. 16-17, 2024 at the Minneapolis Convention Center.
Smart Home Market on Track for Rebound Thanks to Emerging Regions
10/03/2024 | IDCGlobal shipments of smart home devices are set to stall once again in 2024 as volume remains flat with 0.6% growth to 892.3 million devices, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker.
Yamaha Motor Completes Expansion and Renovation at Hamamatsu Robotics Office
10/02/2024 | Yamaha Motor Co., Ltd.Yamaha Robotics announced that the Company has held a ceremony to celebrate the completion of renovation and expansion work at the Hamamatsu Robotics Office, which develops, manufactures, and sells surface mounters and industrial robots, as well as the 40th anniversary of the Robotics Business, which started in 1984 as the IM Division.
Creative Materials Presents Reliable Solutions: 110-19(SD) and 129-50LS-2, Offering Alternatives to Legacy Materials
10/02/2024 | Creative Materials, Inc.Creative Materials Inc., a leader in the development and manufacturing of advanced materials proudly announces the launch of two products,
Real Time with… SMTA Guadalajara 2024: Viscom's Approach to Automation
10/02/2024 | Real Time with... SMTA GuadalajaraNolan Johnson speaks with Juan Briceno, Vice President of Sales for Viscom, about the current state of the Mexican electronics market. Briceno reports that while the automotive and contract manufacturing sectors in Mexico remain strong, the industry as a whole is preparing for more purchases in late 2024 and early 2025. Briceno emphasizes the growing need for automated solutions and AI technologies to address the challenge of finding qualified personnel in the Americas.