Warehouses De Pauw (WDP) is a leading real estate investment trust (REIT) company based in Belgium that specializes in the development, ownership, and management of high-quality logistics and distribution centers. The company is primarily focused on the Temp Control Logistics sector, which involves the storage and transportation of temperature-sensitive goods such as food, pharmaceuticals, and chemicals. WDP operates in several European countries, including Belgium, the Netherlands, France, Germany, and Spain, and has a portfolio of over 5 million square meters of warehouse space.

One of the key priorities for WDP is decarbonisation, which involves reducing the company's carbon footprint and transitioning to a more sustainable business model. This is in line with the company's commitment to corporate social responsibility and its goal of contributing to a more sustainable future. WDP has set ambitious targets for reducing its carbon emissions, including a 50% reduction by 2030 and net-zero emissions by 2050. The company is pursuing a range of initiatives to achieve these targets, including the adoption of renewable energy sources, energy-efficient building design, and the implementation of sustainable transport solutions.

One of the key ways in which WDP is pursuing decarbonisation is through the use of renewable energy. The company has invested in a range of renewable energy technologies, including solar panels, wind turbines, and geothermal systems, to generate clean energy on its properties. By generating its own renewable energy, WDP is able to reduce its reliance on fossil fuels and lower its carbon emissions. In addition, the company is exploring the use of innovative technologies such as hydrogen fuel cells and energy storage systems to further enhance its renewable energy capabilities.

Another important aspect of WDP's decarbonisation strategy is corporate energy management. The company is committed to improving the energy efficiency of its buildings and operations through the implementation of energy management systems, energy audits, and the use of smart building technologies. By reducing energy consumption and optimizing energy use, WDP is able to lower its carbon emissions and improve its overall sustainability performance.

WDP is also exploring the use of corporate power purchase agreements (PPAs) as a means of accelerating its transition to renewable energy. PPAs involve the purchase of renewable energy directly from a generator, typically through a long-term contract. By entering into PPAs, WDP is able to secure a reliable and cost-effective source of renewable energy, while also supporting the development of new renewable energy projects. This approach is particularly relevant for WDP, given the company's significant energy consumption and the potential for large-scale renewable energy projects to be developed on its properties.

In addition to its focus on decarbonisation and renewable energy, WDP is also committed to promoting sustainable transport solutions. The company is exploring the use of electric vehicles and alternative fuels for its own transport operations, as well as working with its tenants to encourage the adoption of sustainable transport practices. This includes the provision of electric vehicle charging infrastructure and the promotion of cycling and public transport options.

Overall, WDP is a leading player in the Temp Control Logistics REIT sector, with a strong commitment to sustainability and decarbonisation. The company's focus on renewable energy, corporate energy management, corporate PPAs, and sustainable transport solutions is helping to drive the transition to a more sustainable and low-carbon future. With its extensive portfolio of logistics and distribution centers across Europe, WDP is well-positioned to play a key role in the transition to a more sustainable and resilient economy.