08.09.2015 09:00:44

Vaisala Commits to 100% Renewable Energy by 2020

Vaisala Corporation             Press Release          September 8, 2015

Today Vaisala announces its commitment to becoming a 100% renewable energy powered company by 2020. Vaisala is on the forefront of the energy revolution, as we shift towards renewable energy across our manufacturing sites, data centers, and office facilities around the world.

Renewable Energy Provides Clear Benefits

Vaisala believes in a future where societies are powered by renewable sources of energy. By consuming energy and using raw materials in a more sustainable manner, we can support the evolution towards a more circular economy, leading to increased wealth and well-being. As Vaisala is strongly involved in the renewable energy industry through its customers, we see a clear benefit in advancing the development and use of renewable energy sources. With the ever growing global demand for energy, sustainable growth can only be reached by increasing the use of these sources. The private sector needs to be the driver of change, and accelerate the transition to a low-carbon economy.

Vaisala President and CEO, Kjell Forsén: "Compared to its size, Vaisala has an essential role in today's society through its technologies that keep people safe every day. We are ambitious not only in our technological advances, but also in taking action in ensuring a sustainable future for our customers and other stakeholders, and simultaneously creating a more sustainable business model for our industry. Vaisala is taking steps today, so that we can be competitive tomorrow. I am confident that our renewable energy commitment will encourage other companies to follow suit." Vaisala acknowledges that renewable energy is critical to the transition to a low-carbon economy. "Not only do we see that the private sector should show leadership, we want to be in the forefront of developing technologies that makes it possible for industries to transition into efficient renewable energy sources."

Local Co-operation

Vaisala will reach the 2020 target by working together with local energy supplier as well as continuing to produce some of its own renewable energy. The company's headquarters and main production facility in Vantaa, Finland is already a prime example of sustainable manufacturing. The site has achieved its zero-waste to landfill target already a few years ago, and has on-site solar and geothermal energy production. Today, the entire site is powered 100% by renewables using wind power from the local energy supplier, Vantaa Energy.

Vaisala is also strengthening its commitment, by engaging with the Road to Paris initiative that calls for companies to commit to ambitious climate actions, and to support a universal climate agreement ahead of the 2015 Paris Climate Conference in December.

For more information, watch the video message and visit Vaisala's sustainability website.

Contact information:
Tomi Rintanen, Sustainability Manager
tomi.rintanen@vaisala.com, tel. +358 40 4822478

Liisa Ahtiluoto, Communications Director
liisa.ahtiluoto@vaisala.com, tel. +358 40 7307695

About Vaisala
Vaisala is a global leader in environmental and industrial measurement. Building on 79 years of experience, Vaisala contributes to a better quality of life by providing a comprehensive range of innovative observation and measurement products and services for chosen weather-related and industrial markets. Headquartered in Finland, Vaisala employs approximately 1,600 professionals worldwide and is listed on the Nasdaq OMX Helsinki stock exchange. www.vaisala.com  www.twitter.com/VaisalaGroup




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vaisala Oyj via Globenewswire

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