HINWIL, Switzerland, 05 September 2022: With the establishment of the Belimo Climate Foundation, Belimo is supporting non-profit institutions and non-governmental organizations in reducing CO2 emissions from their buildings. Making the announcement through a Press release, Belimo said the initiative raises awareness of the great leverage that building renovations have in achieving climate targets.
Belimo said it has set itself the goal of further reducing its emissions. It said its field devices already offset the CO2 emissions generated during production and operation 24 times over through savings in their application. In addition, it said, it continuously invests in projects to reduce its own emissions. To offset the remaining emissions – according to the GHG Protocol: Scope 1, Scope 2 and air travel – Belimo said it has established the Belimo Climate Foundation. The purpose of the Foundation is to contribute to the reduction of CO2 emissions from buildings and to make society aware of the great leverage that building renovations have with regard to achieving climate targets, the company said.
By establishing the Foundation, Belimo said, it is consistently pursuing its path to increase energy efficiency and to reduce CO2 emissions from buildings. “Through projects financed by the Foundation, we can optimize buildings in the area of heating, ventilation and air conditioning technology and, thereby, reduce the CO2 footprint of the global real estate portfolio,” said Reto Wälchli, Managing Director of the Foundation. “Most people are not aware of the huge leverage the real estate sector has in achieving climate targets, and unfortunately, it has been addressed far too little to date. We want to change this with the Belimo Climate Foundation.”
According to Belimo, the Foundation identifies projects for increasing energy efficiency in buildings of non-profit institutions and non-governmental organisations in the fields of education, training and health, and supports these both financially and in an advisory capacity during implementation. The focus is on the optimisation of existing heating, ventilation and air conditioning systems, the company said. By implementing such projects and strongly involving Belimo employees, the aim is not only to reduce CO2 emissions but also to transfer knowledge and raise awareness of the potential for energy reduction in buildings, the company added.
In addition to annual donations by Belimo Automation AG, the Linsi Foundation, the anchor shareholder of Belimo Holding AG, will provide substantial support to the Foundation, the company said. The Foundation, the company said, is non-profit by nature and is politically and denominationally neutral. It neither intends to make profits nor to pursue profit-making or self-interest purposes, it said. In accordance with the principle of additionality, it said, only projects that could not be realised without support from the Foundation and that serve the common good will be supported.