- EVOTEC’S CONNECTION TO THE TOULOUSE ENERGIE DURABLE (“TED”) NETWORK WILL SAVE COSTS AND REDUCE EMISSIONS BY MORE THAN 2,000 TONS OF CO2E PER YEAR
Hamburg, Germany, 30 November 2022:
Evotec SE (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809; NASDAQ: EVO) announced today that the Company will substantially reduce its carbon emissions by joining the renewable energy heating network Toulouse Energie Durable (“TED”).
Created by EDF subsidiary Dalkia in 2016, the TED network distributes heat energy via a more than 32 km long underground network in the south-east of Toulouse. 70% of the heat energy stems from locally produced renewable and recovered sources. The TED network will deliver Evotec’s Campus Curie with a steady supply of 70 to 90°C hot water, while lowering the operational cost. Further, it makes the Company’s entire Toulouse site, including the future manufacturing facility J.POD® Toulouse, France (EU), fully independent from other heating sources. Evotec is the first fully private partner to join the TED network.
Evotec has signed the Science Based Targets initiative (“SBTi”), committing itself to set targets aligned with the goals of the Paris Agreement. By joining the TED network, Evotec reduces its greenhouse gas emissions by more than 2,000 tons of CO2 equivalents (“CO2e”) per year, which equals a 40% reduction of Scope 1 & Scope 2 emissions in 2021 for our Campus Curie and approx. 6% of the Company’s global emissions.
Dr Craig Johnstone, Chief Operating Officer of Evotec, commented: “We are excited to join the TED network in Toulouse. As a signatory of the SBTi, Evotec is constantly looking for ways to reduce its impact on the climate. By joining the TED network, we are taking a significant step towards carbon neutrality while reducing our dependence on other energy sources and reducing our operational cost.”
Jean-Luc Moudenc, President of Toulouse Métropole and Mayor of Toulouse said: “With Evotec’s connection to the Toulouse heating network, we further develop renewable energies. At a time when Europe is going through a major energy crisis, local authority is taking concrete action here by connecting a private company, demonstrating once again the importance of public authorities and private economic players joining forces in the fight against global warming.”
Valérie Patron, Dalkia's Regional Director for the South-West region, added: “Dalkia is very proud to have connected the Evotec site to the Toulouse Énergie Durable heating network, thereby enabling a major industrial company in the heart of the city to decarbonise. This connection is a concrete illustration of the collective actions that can be implemented in response to the current energy crisis and the challenges of combating global warming.”