Ganz publishes ESG report

Ganz has published its first ESG report describing its efforts to operate sustainably and reduce greenhouse gas emissions.

 


Ganz publishes ESG report

Image credit: Ganz Transformers and Electric Rotating Machines Ltd.

Hungary, Tápiószele: Ganz Transformers and Electric Rotating Machines Ltd. has published its first ESG report describing its efforts to operate sustainably and reduce greenhouse gas emissions. Together with developing sustainable products and services, Ganz launched its Energy Use Optimisation Programme in 2023, aiming to reduce natural gas consumption, decreasing the company’s dependence on fossil fuels. As part of the programme, the company has built a 2 MW solar power plant next to its plant in Tápiószele, expected to be operational in Q2 of 2024. The project, covering an area of 3 hectares, will supply renewable electricity to the company’s transformer and rotating machine factories.

Ganz can currently use 60% of the electricity generated by the small-scale solar power plant, but the use of the solar park’s energy can be increased by installing natural gas drying technology, electrifying the heating of the production halls and installing additional electricity consumers. The company aims to reduce the use of fossil fuels by 30% by 2030 and to replace them completely by 2050. Another goal is to decrease the amount of waste generated in production, increase the use of recyclable materials, and shorten and make supply chains more sustainable.

“We are proud to have produced our first Sustainability Report, which both presents our sustainability achievements to date and sets out our short and long-term goals in this field. None of this would have been possible without our excellent team of experts, who play a key role in enabling Ganz to offer innovative solutions in the field of energy equipment manufacturing that are both sustainable and competitive,” said Jan Prins, Managing Director of Ganz Transformers and Electric Rotating Machines Ltd.

Source: Ganz Transformers and Electric Rotating Machines Ltd.