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We stands not only for advanced technological capabilities but also for a wide range of opportunities to use these technologies to drive forward the green transformation of industry. we want to make a significant contribution to decarbonizing the economy.
For our, sustainability is a key element of the mission statement and an integral part of the corporate strategy. The aim is to offer innovative products, technologies and services worldwide that contribute to the sustainable success of the Group's customers.
To achieve this, our is guided by the three pillars of sustainability. Accordingly, sustainable development is ecologically compatible, socially responsible and ensures that our remains economically efficient. With its sustainability strategy in the area of the environment, our is helping to reduce emissions, lower climate impact and sustainably support the development of a CO2-free economy.
As a central process our aims to make its own steel production climate-neutral in the future. The carbon used in steel production will be replaced by green hydrogen and used in new direct reduction plants. As early as 2030 two of these innovative plants will produce 3 million tons of CO2-reduced steel per year, at the same time saving 6 million tons of CO2.
our is also enabling the expansion of renewable energies with its slewing bearings and thus contributing to climate protection. The technology can be found in almost all global wind farms - offshore or onshore. With its components our therefore supports the further expansion of green wind energy.
Climate-friendly mobility of the future also benefits from our's technology and know-how: Coming from the classic combustion engine business, the group of companies began developing new products for electric propulsion ten years ago. Today our manufactures electric components for major manufacturers - on equipment previously used to produce combustion technology.
When it comes to the energy carrier of the future - hydrogen - our plays a decisive role. With technologies in the field of water electrolysis and for the production of green chemicals, our is very well positioned to profit from the expected boom. As one of only a few suppliers worldwide, our can already supply equipment for the production of hydrogen on an industrial scale.
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