Fertiglobe slashes nearly 3% of its energy consumption in 2023

Fertiglobe achieved a nearly 3% reduction in energy intensity in 2023 compared to 2022 despite a production increase, according to their sustainability report (pdf). This improvement, along with purchasing renewable energy certificates (EACs) for all their Egyptian and UAE facilities, marking 63% of the company's overall purchased electricity, helped cut Scope 2 emissions by an estimated 190k tonnes of CO2 equivalent. Overall greenhouse gas intensity also decreased by nearly 3% y-o-y to 2.94 tCO2e/N-tons. The firm also managed to withdraw zero freshwater resources, reducing potential risk on scarce water resources.