Atlas Copco’s Climate Goals Noted at UN Conference
By Business Wire News
By Business Wire News
Atlas Copco (STO:ATCOA) (STO:ATCOB), a leading provider of sustainable productivity solutions, today is being recognized by the United Nations at the agency’s major conference on climate change for the Group’s goals to cut carbon dioxide from its products and operations.
This week the UN is hosting its Business and Climate Summit in Paris, France, a unique forum for business and government leaders to demonstrate innovative and ambitious strategies for climate change. This summit plays an important role ahead of the UN Climate Change Conference in December 2015 because it will identify solutions with potential for global impact and forward-looking strategies needed for effective change. Atlas Copco’s goals to impact emissions through innovative energy-efficient products as well as by decreasing the footprint of its operations are now being recognized by the UN.
“A small carbon footprint is the sign of big innovation, and the biggest impact we can make is by creating energy-efficient products,” said Mala Chakraborti, Atlas Copco’s Vice President Corporate Responsibility. “We are honored that the UN is highlighting our environmental targets which drive our business, create operational excellence and reduce the impact on the environment.”
Atlas Copco’s innovative, energy-saving products include its variable-speed compressors, a technology that the Group pioneered in 1994 that enables compressors to run only at the speed necessary, cutting energy consumption. In 2013, Atlas Copco launched the patented VSD+ technology, which cuts energy use by more than half compared with traditional compressors. Another example is within the Group’s road construction equipment, where the new rollers cut fuel consumption and CO2emissions by ensuring that only the amount of power necessary at any given point is used.
Earlier this year, Atlas Copco was recognized as one of the world’s most sustainable companies in the annual Global 100 list. The list, presented at the World Economic Forum in Davos, Switzerland, ranks companies that prove they are increasing productivity while using less resources. Atlas Copco is ranked 23rd overall, up from 46th last year, and is number one in the machinery industry.
The list of companies and other non-state actors highlighted by the UN will be available at 17:00 CET today at http://climateaction.unfccc.int/.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees. Learn more at www.atlascopco.com.
This information was brought to you by Cision http://news.cision.com