Manufacturing

Renishaw switches to 100 per cent renewable electricity for UK operations

Published by
Peter Davison

Gloucestershire-based global engineering technologies company Renishaw has partnered with Stroud-based green energy company, Ecotricity, which will now supply its main UK sites with 100 per cent renewable electricity.

As part of its ambitious climate transition plan, Wotton-under-Edge-based Renishaw aims to reduce emissions relating to its business activities and purchased energy — Scopes 1 and 2 — to Net Zero by 2028.

Its partnership with Ecotricity is the latest move towards exclusively using green energy across the globe, with its sites in India, Japan, Mexico and the USA among those already running on 100 per cent renewable electricity.

Challenging trading conditions for Renishaw

“So far, we've reduced Scope 1 and 2 emissions by 21 per cent compared to last financial year and our Net Zero commitments promise that we will go even further,” said Ben Goodare, Head of Sustainability at Renishaw.

“We self-generate 11 per cent of our electricity consumption and most of the electricity we buy is certified renewable — by the end of 2024, 100 per cent of what we purchase globally will meet our sustainability requirements.”

Goodare continued, “We try to work with local suppliers where possible to support our wider sustainability goals and Ecotricity is based in Stroud, Gloucestershire, which is close to many of our major UK operations.”

Renishaw has devised its climate transition plan as part of its commitment to three of the UN's sustainable development goals (SDGs).

The company has committed to SDG 8, which promotes sustainable economic growth, SDG 12 which aims to ensure sustainable consumption and production, and SDG 13 which urges organisations to take urgent action to combat climate change.

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“We're delighted to be supplying our Gloucestershire neighbours, Renishaw, with 100% green electricity,” said Paul Sands, Chief Growth Officer at Ecotricity.

“Renishaw is a torch-bearing company with well-respected products, and it is great to be helping them on their journey to sustainability. By being with us, they will also be helping us build more renewable generation, which Britain so urgently needs.”

To help find a new energy provider that met Renishaw's sustainability requirements for the business, it worked with Logical Utilities, a utilities consultancy based in Cheltenham.

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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