Linde has signed six new power purchase agreements (PPAs) to source renewable electricity across Europe, Africa, and India. The agreements, covering operations in Spain, Greece, South Africa, and India, will supply approximately 0.63 TWh per year of renewable energy derived from newly developed wind and solar assets. This expansion supports Linde’s strategic goal to increase its sourcing of low-carbon energy, primarily through active renewable power procurement.

The new PPAs are part of Linde’s broader efforts in its EMEA (Europe, Middle East & Africa) and APAC (Asia Pacific) regions. Low-carbon power currently accounts for around 50% of Linde’s global electricity consumption. The company has significantly scaled up its active renewable power purchasing, increasing it by 2.7 times compared to its 2021 baseline.

Growth in Renewable Sourcing

Linde’s active renewable power purchasing has grown from 2.8 TWh in 2021 to 7.6 TWh in 2025. This substantial increase underscores the company’s commitment to decarbonizing its operations through direct procurement of clean energy.

Operational Impact

The six new agreements will directly support Linde’s facilities in four key markets. By securing power from newly developed wind and solar assets, Linde aims to further reduce its carbon footprint while ensuring a stable supply of low-carbon electricity for its industrial operations.

What the Numbers Show

The jump in active renewable power purchasing from 2.8 TWh to 7.6 TWh between 2021 and 2025 indicates a rapid acceleration in Linde’s clean energy strategy. With low-carbon power already representing half of its global electricity consumption, the addition of 0.63 TWh annually through these new PPAs suggests that Linde is moving beyond baseline compliance toward aggressive, asset-backed renewable integration in high-growth regions like India and South Africa.

Linde has been included in the FTSE4Good Index Series for the 11th consecutive year, recognizing its continued leadership in sustainable business practices. The inclusion validates the company's performance across environmental, social and governance criteria assessed by FTSE Russell. This recognition underscores the industrial gases and engineering company's role in advancing global decarbonization efforts.

The company’s sustainability strategy focuses on driving operational improvements and supporting customers’ decarbonization goals. "Sustainability is embedded in how we operate," said Erin Catapano, Vice President Sustainability, Linde. She attributed the recognition to the consistency of the company's approach and the progress colleagues deliver toward sustainability targets.

Linde’s climate goals include a 2035 science-based absolute greenhouse gas emissions reduction target and a 2050 climate neutrality ambition. In 2025, the company enabled customers to avoid 98 million metric tons of carbon dioxide equivalent. This figure is more than twice the greenhouse gases emitted in Linde’s global operations, highlighting its impact on industrial decarbonization.

ESG Performance and Evaluation

The FTSE4Good Index Series, created by global index provider FTSE Russell, measures the performance of companies demonstrating strong ESG practices. Market participants use these indexes to create and assess responsible investment funds. Evaluations are based on corporate governance, health & safety, anti-corruption and climate change performance.

Financial Context

Linde reported 2025 sales of $34 billion. The company serves end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, and metals and mining. Its technologies support applications ranging from semiconductor manufacturing to clean hydrogen production and carbon capture.