4. Environmental impacts of application purpose
TOPIC LEAD: VICE PRESIDENT SALES SYSTEMS DIVISION
Our target for 2027: We want to reach an order intake of approximately 40% in applications supporting the energy transition.
Our core competence is mastering gas compression technologies for a wide range of gases. Gas plays a crucial role in process industry and energy supply. The range of applications is very broad, from conventional energy supply to industrial gases to renewable energy systems. A significant part of the indirect environmental impact of our business activities depends on to the application purpose.
Through innovative solutions in the development of new compressor systems and components as well as customized services, we can support our customers to drive transformation to a sustainable economy.
We are committed to the long-term alignment of our business activities with a sustainable economic system and identified four positive impact areas:
- Climate change mitigation
- Sustainable energy future
- Circular economy
- Environmental pollution prevention
The further development of our business activities is targeted towards a sustainable economy
We have developed a sustainability screening approach to better structure and classify our business activities from an environmental perspective. It serves us as a high-level compass for the targeted further development of our business activities towards a sustainable economy. Until today we have screened 52% of our business activities and classified 9% as new energy application such as green hydrogen projects and around 10% as transitional applications.
We are supporting hydrogen mobility by developing a range of compressors, including diaphragm and reciprocating compressors that meet the specific technical challenges of these new applications. Gas compressors operating without oil lubricants are used for hydrogen trailer filling and in fueling applications for hydrogen-powered trains, trucks, or buses. The technological advantages of reciprocating compressors for this application are unrivaled efficiency and long service lives.
Our hyper compressors and booster-primary compressors are a central component for the production of EVA (ethylene-vinyl acetate copolymers). EVA polymer, shaped as a film, is used in solar panels as insulating and sealing agent around solar cells.
In marine applications liquified natural gas represents a bridge fuel to comply with tightening international regulations on greenhouse gas emissions until zero-emission solutions are developed. Modern ship designs are introducing gas as fuel instead of carbon-intensive and high-sulfur content heavy fuel oil helping to reduce greenhouse gas emissions by up to 25%. Our Laby® and Laby®-GI fuel gas compressors play an essential role in the current transition of the shipping industry.