A sustainable future
Our sustainability approach reflects our business’ focus on decarbonization and building resilient hydrogen infrastructure. In addition to our inherent focus on environmental issues, we also see it as crucial to include social and governmental aspects in our work.
Our key objectives are based on our strategy and a materiality assessment with a stakeholder perspective. The objectives are integral to our decision-making processes, and we strive to implement sustainable solutions throughout our entire value chain.
Utilizing all value streams
To ensure the most energy-efficient green hydrogen production, we utilize more than just the hydrogen.
For every kilo of hydrogen produced, we are left with eight kilos of oxygen and quite a bit of excess heat. These byproducts from the hydrogen production are valuable!
The oxygen can be used in other industry, for example in aquaculture. The excess heat, on the other hand, can be useful in agriculture or to heat nearby buildings.
A global, clean energy transition
Hydrogen as an energy carrier will play an important role in the decarbonization of hard-to-abate mobility sectors and several other industries. Governments worldwide recognize the importance of hydrogen in this transition; as of September 2022, more than 40 countries have released national hydrogen roadmaps.
An important piece of the net zero emission puzzle
Decarbonization of the global energy system is dependent on seven key pillars: energy efficiency, behavioral change, electrification, renewables, CCS, hydrogen and hydrogen-based fuels.
According to the Global Hydrogen Review, strong demand growth and the adoption of cleaner technologies for production will enable hydrogen and hydrogen-based fuels to avoid up to 60 Gt CO2 emissions between in 2021-2050, representing 6% of total cumulative emissions reductions.