The move means that Renishaw's main UK sites, including its headquarters in Wotton-under-Edge, will run entirely on renewable energy from the Stroud-based supplier, taking the firm one step closer to achieving its ambitious climate goal of net zero carbon by 2028.
Its sites in India, Japan, Mexico and the United States are already running on 100 per cent renewable electricity, with Renishaw working towards using exclusively green energy at all its sites across the globe.
As part of its 'climate transition plan', the firm has committed to three of the UN's sustainable development goals (SDGs) — SDG 8 to promote sustainable economic growth; SDG 12 to ensure sustainable consumption and production; and SDG 13 to urge organisations to take urgent action to combat climate change.
Renishaw's head of sustainability, Ben Goodare, said: 'So far, we’ve reduced Scope 1 and 2 emissions by 21 per cent compared to last financial year and our Net Zero commitments promise that we will go even further.
'We self-generate 11 per cent of our electricity consumption and most of the electricity we buy is certified renewable — by the end of 2024, 100 per cent of what we purchase globally will meet our sustainability requirements.
'We try to work with local suppliers where possible to support our wider sustainability goals and Ecotricity is based in Stroud, Gloucestershire, which is close to many of our major UK operations.'
Paul Sands, chief growth officer at Ecotricity, added: 'We’re delighted to be supplying our Gloucestershire neighbours, Renishaw, with 100 per cent green electricity.
'Renishaw is a torch-bearing company with well-respected products, and it is great to be helping them on their journey to sustainability. By being with us, they will also be helping us build more renewable generation, which Britain so urgently needs.'