Published On: 4 December 2023
Atlas Copco Singapore collaborates with NEFIN and other providers to launch the comprehensive ESG programme "Go Green" to develop one of the most sustainable offices in Singapore • Through the partnership with renewable energy provider NEFIN, the goal is to bring energy savings down by approximately 50% with the newly installed solar system • Other green initiatives include transitioning Atlas Copco’s vehicle fleet to EV and a rainwater harvesting system project to build an environmentally sustainable office
SINGAPORE, 04 December 2023 –Atlas Copco Singapore today announced the launch of its Go Green Singapore campaign, a commitment towards driving sustainability within its Singapore Customer Center located at Tuas Avenue. The campaign involves collaborations with established sustainable technology providers where they focus on minimising the environmental impact of their operations. The first of many green initiatives announced today are the installation of rooftop solar system through the collaboration with NEFIN, transitioning their company’s vehicle fleet to electric vans and a rainwater harvesting project.
The Go Green campaign aligns with the company’s goal of reducing Scope 1 and 2 carbon emissions by 46%, and 28% from Scope 3 during the period of 2019 to 2030. This would also mark Atlas Copco (Singapore) joining the group’s international headquarters in their efforts towards contributing to the group’s plan in attaining their sustainable goal.
“For many years, we have been focusing on manufacturing energy efficiency products. We’ve also designed a virtual showroom showcasing our finest sustainable innovations to help our clients kickstart their journey to sustainability. In unison with the UN’s 2030 Sustainable Development Agenda and Paris Agreement, Singapore’s commitment to achieving the global goal is emphasised in its Green Plan. Hence, the decision to promote sustainable practices with trusted sustainable energy providers, like NEFIN, comes rather intuitively,’ mentions Horst Wasel, Vice President of Atlas Copco Holding Southeast Asia and Oceania.
The potential to offset 3,783 tonnes of carbon emissions through the adoption of carbon-neutral solutions with NEFIN
Atlas Copco's Singapore Customer Center is powered by nearly 70% green energy with the 12 year power purchase agreement (PPA) with NEFIN. The solar system capacity of 169kWp, with over 300 solar panels, is successfully installed by NEFIN and their EPC partners GAE and Saxon Renewables. It can potentially generate 2,289MWh of clean energy over the contract period and is expected that 3,783 tonnes of carbon emissions would be offset, an equivalent of 18,914 trees planted, with this collaboration that would further cement Atlas Copco's commitment towards reducing its carbon footprint.
“We are exceptionally excited to be supporting Atlas Copco’s inspiring efforts of promoting sustainability in Singapore. Our collaboration with them comes naturally as both companies have a similar goal of achieving carbon neutrality to mitigate climate change. As we continue to embark on this journey with Atlas, NEFIN is closer to succeeding in its mission of growing our footprint in Asia to become a trusted partner in sustainability,” comments Glenn Lim, CEO of NEFIN Group.
Fostering a stronger green culture with rainwater harvesting systems and electronic vehicles
Singapore presents a unique challenge whereby water supply to the city-state is limited. With the local national water agency expecting the total water demand to be doubled by 2065, reduction of water consumption amongst industrial players should be prioritised. As such, the rainwater harvesting project, partnering with Hydro Dynamic Engineering, aims to efficiently collect, store, filter and distribute rainwater to reduce their reliance on traditional water sources.
“We applaud Atlas Copco for their commitment to sustainability as they choose our rainwater harvesting tanks. By incorporating our eco-friendly solutions, Atlas Copco not only demonstrates environmental responsibility but also contributes to a more sustainable future. Together, we aim to make a lasting impact on water conservation and inspire others to join the movement toward a greener planet,” said Mr. Patrick Tan, Managing Director of Hydro Dynamic Engineering.
Following their goal of turning 90% of the company’s vehicle fleet into electric vans (EV) by the third quarter of 2024, nine EVs have been signed by the global group this year and they are expecting to raise the number of EVs to twelve or more by next year. Additionally, to encourage and better support employees to switch to EVs, two AC chargers were installed by one of the leading EV charging operators in Singapore, eChargz, within Atlas Copco’s premises. They are also provided with cards from Shell Singapore to make use of the charging stations at selected locations.
“We are proud to be selected by Atlas Copco to tailor the EV charging infrastructure at their premise. We are happy to see businesses such as Atlas Copco making a positive environmental impact by reducing their carbon footprint through e-mobility, which can be rewarding by attracting like-minded customers who are increasingly concerned about sustainability efforts." said Benjamin Chua, General Manager of eChargz.
“With the industrial and buildings sector collectively contributing 45% of primary carbon emissions in Singapore, we are committed to improving our practices within our internal operations to join Singapore on their efforts in their long-term goal of net zero carbon emissions. Especially with us supporting customers in more than 180 countries, ensuring that our operational practices, whether small or large, promote sustainability is of the utmost importance.,” concludes Horst.
NEFIN is a premium green independent power producer (IPP) offering bespoke carbon-neutral technologies & financing solutions in Asia Pacific. NEFIN, together with JV partner ACEN Corp., has worked with numerous multinational corporations and large local businesses, delivering renewable energy solutions at utility-scale, commercial and industrial levels. ACEN is listed in the Philippines (PSE: ACEN) and is part of the Ayala Corporation, one of the largest conglomerates in the Philippines, founded by the Ayala family in 1834.
Leveraging its diverse, cross-functional team, NEFIN provides comprehensive energy efficiency assessments and a full suite of services to evaluate the ESG impact and commercial viability of projects through innovative approaches to technology under its unified energy management platform.
With a mission of “Achieving Carbon Neutrality for You”, NEFIN is committed to the global climate goals and aims to accelerate the decarbonisation of our client portfolios. Recent advancements include NEFIN’s expansion to encompass battery storage solutions and the exploration of additional methods to offset carbon for our clients. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future. Please refer to NEFIN’s website www.nefinco.com for more information and follow us at https://www.linkedin.com/company/nefin/.
About Atlas Copco Group
Atlas Copco Group enables technology that transforms the future. We innovate to develop products, services and solutions that are key to our customers’ success. Our four business areas offer compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools, and assembly and machine vision solutions. In 2022, the Group had revenues of BSEK 141 and 49,000 employees.
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