Environmental impacts of application purpose
Target for 2027
Our core competence is mastering gas compression technologies for a wide range of gases and applications. Gas plays a crucial role in the process industry and energy supply, with applications ranging from conventional energy supply to industrial gases to renewable energy systems. A significant part of the indirect environmental impact of our business activities is linked to the application purpose. We have the potential to contribute to three of our strategic Sustainable Development Goals (7, 12 and 13).
The main impacts of this topic are related to the use phase of our products and services.
Sustainability classification of order intake in %
Enabling Large Scale Green Methanol Production in China
Our subsidiary Shenyang Yuanda Compressor (SYCC) was selected to supply five 4M32-I hydrogen compressors and three 4M32 CO₂ compressors for China Tianying's (CNTY) new 170 KTA green methanol facility in Liaoyuan, Jilin Province. The project forms part of CNTY's broader renewable energy industry system, which integrates 2.6 GW of wind and solar power to produce 150 KT of green hydrogen and 800 KT of green methanol annually.
Our approach
We are committed to the long-term alignment of our business activities with a sustainable economic system. We identified four positive impact areas:
- Climate change mitigation
- Energy transition
- Circular economy
- Environmental pollution prevention
We have developed a sustainability screening approach to analyze our business activities from an environmental impact perspective. This classification system makes use of international standards such as the EU taxonomy for sustainable activities or South Korea’s K-Taxonomy, without claiming to fulfil all their technical requirements. The main purpose of our screening system is to serve as a compass for the development of our business activities towards a sustainable energy future.
Topic lead
Vice President Sales Systems Division