Potential offtaker

Albertsons Companies, Inc

www.albertsonscompanies.com

Estimated electricity consumption

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Countries of production presence

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Albertsons Companies, Inc is a leading American grocery retailer that operates in the supermarket sector. The company has a strong presence in the United States of America, with more than 2,200 stores across 33 states, and employs over 300,000 people. Albertsons Companies, Inc is committed to sustainability and has implemented several initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus for Albertsons Companies, Inc. The company has set ambitious goals to reduce its greenhouse gas emissions and has implemented several measures to achieve them. One of the most significant steps taken by the company is the adoption of renewable energy. Albertsons Companies, Inc has invested in solar power and wind energy projects to reduce its reliance on fossil fuels. The company has also implemented energy-efficient technologies in its stores, such as LED lighting and energy management systems, to reduce its energy consumption.

Corporate energy is another important area of focus for Albertsons Companies, Inc. The company has implemented several energy-saving measures in its stores, distribution centers, and offices to reduce its energy consumption and costs. Albertsons Companies, Inc has also partnered with energy service companies to implement energy efficiency projects, such as HVAC upgrades and lighting retrofits. These initiatives have not only helped the company reduce its carbon footprint but have also resulted in significant cost savings.

Corporate power purchase agreements (PPAs) are an essential component of Albertsons Companies, Inc's renewable energy strategy. The company has signed several long-term PPAs with renewable energy developers to purchase energy from wind and solar projects. These PPAs have helped the company secure a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects. The company has also partnered with utilities to purchase renewable energy credits (RECs) to offset its carbon emissions.

Renewable energy is a critical element of Albertsons Companies, Inc's sustainability strategy. The company has set a goal to source 100% of its electricity from renewable sources by 2030. To achieve this goal, Albertsons Companies, Inc has invested in several renewable energy projects, including solar and wind farms. The company has also implemented energy-efficient technologies in its stores, such as LED lighting and energy management systems, to reduce its energy consumption.

In addition to its renewable energy initiatives, Albertsons Companies, Inc has implemented several other sustainability initiatives. The company has implemented a zero-waste program, which aims to divert all waste from landfills by 2030. The company has also implemented sustainable sourcing practices, such as sourcing seafood from sustainable fisheries and reducing the use of single-use plastics in its stores.

Overall, Albertsons Companies, Inc is a leading American grocery retailer that is committed to sustainability. The company has implemented several initiatives to reduce its carbon footprint and promote renewable energy. Through its decarbonisation efforts, corporate energy initiatives, corporate PPAs, and renewable energy projects, Albertsons Companies, Inc is well on its way to achieving its goal of sourcing 100% of its electricity from renewable sources by 2030.

✓ Science Based Targets member
✓ Declared Net Zero commitment