Alfa Laval Accelerates Growth and Aims for Net Zero by 2027

Date: 29 November 2024
Alfa Laval Accelerates Growth and Aims for Net Zero by 2027
Alfa Laval, at its annual Capital Markets Day in San Bonifacio, Italy, updated its strategic priorities, financial goals, and growth plans. The company aims to achieve its scope 1 and 2 net zero targets by 2027, three years ahead of schedule.

Alfa Laval has experienced robust growth both organically and through acquisitions, with investments in production expansion and innovative solutions. With a strong financial position, the company projects reaching 100 BSEK in annual sales by 2030.

CEO Tom Erixon stated, "Our growth across divisions and expanding capacity in key markets will continue, driven by global energy transition demands. We're on track for 100 BSEK by 2030."

In its accelerated push to net zero, Alfa Laval is enhancing energy efficiency and switching to renewables in operations globally. Emma Adlerton, Executive VP of Group Affairs, emphasized, "We're speeding up investments to achieve net zero in 2027 and leading the way in sustainability."

Alfa Laval's targets, backed by the Science Based Targets initiative, initially aimed for net zero in scope 1 and 2 by 2030, with a 50% scope 3 emission reduction.

Focused on supporting sustainable transformation, Alfa Laval is committed to meeting the growing demand for sustainable energy, clean water, food, and decarbonized marine transport through evolving and expanding its technologies.

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