NEW YORK — HVACR components manufacturer Danfoss was among the sponsors of Reuters Events’ Global Energy Transition 2023, held in early June at the Marriott Marquis in New York City.

The two-day conference provided an opportunity for leaders in energy transition from around the world to share ideas and insights on how society can address the challenges in reaching net zero emissions.

The event featured keynote sessions and panel discussions on the regulatory landscape, strategies, financing, and new technologies for meeting the goals of the Paris Climate Agreement.

As part of the company’s environment, social, and governance (ESG) goals, Danfoss has committed to achieving net zero emissions across its global operations by 2030 and has pledged to be its customers’ partner in their decarbonization goals. In 2022, the company achieved a 7% decrease in carbon emissions, and its corporate headquarters in Nordborg, Denmark, achieved carbon neutrality. Danfoss North America recently signed an agreement to purchase 75 megawatts of solar power from a solar farm in Texas, allowing the company to fully replace its annual electricity usage across all of its North America locations with green energy, reducing the company’s carbon footprint by 75%.

During the conference, Cliff Stokes, the Danfoss business development manager for electrification solutions, shared his expertise on hydrogen solutions as part of the panel, “New Applications, New Demands: Building a Global Hydrogen Market.” Moderated by the Electric Power Research Institute’s Neva Espinoza, the panel also featured Alex Hewitt, CEO of CWP Global; Charlotte Roule, CEO of Storengy; and Ludmila Nascimento, energy and decarbonization director at Vale.

The group explored the potential of hydrogen as a clean power source.

“As the world grapples with the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy, hydrogen offers a promising solution,” said Stokes. “Not only can we meet our growing energy demands, but also accelerate the shift towards a cleaner, more sustainable future for all.”