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Energy Efficiency & Sustainability
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Powering a Sustainable Future
At Tex Fasteners, we are committed to minimizing our environmental impact and contributing to a sustainable future. Responsible energy consumption is a key part of this commitment.
We recognize that efficient energy management not only benefits the environment but also improves our operational efficiency and reduces costs.
Our energy vision is to minimize our reliance on fossil fuels, maximize the use of renewable sources, and continuously improve our energy efficiency across all our operations.
Our Vision for a Sustainable Tomorrow
- We are committed to continuously improving our energy performance and have set ambitious goals for the future:
- Reduce grid energy consumption by 50% by 2026.
- Increase the share of renewable energy to 50% by 2026.
- To achieve these goals, we will continue to invest in renewable energy technologies, implement energy-efficient practices, and engage our employees in energy conservation efforts.
Grid Energy Reduction
Reducing grid energy consumption by 50% by 2026
Renewable Energy Investments
Investing in renewable energy technologies
Employee Engagement
Engaging employees in energy conservation efforts
Tex's Energy Sustanbility Strategy
Renewable Energy Share
Increasing renewable energy share to 50% by 2026
Energy Efficient Practices
Implementing energy efficient practices
Our Ongoing Journey
- We are committed to continuous improvement in energy efficiency and sustainability.
- We actively monitor and track our energy consumption to identify areas for improvement and measure the effectiveness of our initiatives.
- We stay updated on the latest energy-saving technologies and practices to ensure we are always at the forefront of energy efficiency.
Electricity Consumption Breakdown
Currently, 94.15% of our electricity comes from the grid, mainly non-renewable, with 0.15% from backup generators. Renewables make up 4.7% (wind) and 1% (solar), marking our first steps toward sustainability. In two years, we aim to cut grid reliance to 49.8%, keep genset at 0.15%, increase wind to 5.4%, and boost solar to 44.65%. This shift moves us toward 50% green energy, ensuring a more sustainable future. 🌍⚡
Electricity Consumption by Source in India
Electricity Consumption by Source in Bangladesh
Electricity Consumption by Source in Vietnam