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Stock impact report

Autoliv Advances on Climate Targets with Renewable Energy Agreements [Yahoo! Finance]

Autoliv, Inc. (ALV) 
Last autoliv, inc. earnings: 4/24 06:00 am Check Earnings Report
US:NYSE Investor Relations: autoliv.com/investors
Company Research Source: Yahoo! Finance
the two renewable electricity producers, Alight and Eurowind Energy. They are important for ensuring a consistent and reasonably priced energy supply for Autoliv's activities in Europe , reducing the risks associated with potential future energy price fluctuations. Autoliv seeks to improve its energy resilience and ensure its operations will continue to be both economical and sustainable even in the face of volatile markets. Autoliv aims to transition to 100% renewable energy sources for its electricity consumption. The new Virtual Power Purchase Agreements with Swedish solar energy producer Alight, and Danish wind energy producer Eurowind Energy, are important steps in reaching Autoliv's climate targets. Moreover, the energy purchased with the agreements mitigates the risk of high price fluctuations in the future. The agreements secure renewable electricity supply in the long term, with contracts spanning 12 years from 2027-2039. The innovative approach of combining solar and win Show less Read more
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