Potential offtaker

AO World PLC

www.ao.com

Estimated electricity consumption

N/A

Countries of production presence

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AO World PLC is a leading online retailer of home and office products in the United Kingdom. The company was founded in 2000 and has since grown to become one of the largest online retailers of electrical appliances and furniture, with a focus on providing customers with high-quality products and exceptional customer service.

AO World PLC is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of initiatives to achieve these goals. These include investing in renewable energy, improving energy efficiency, and promoting sustainable practices across its operations.

One of the key initiatives that AO World PLC has implemented to reduce its carbon footprint is the use of corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy supplier, which guarantees the purchase of a certain amount of renewable energy over a specified period. By using corporate PPAs, AO World PLC is able to source renewable energy at a fixed price, which helps to reduce its exposure to volatile energy prices and support the growth of renewable energy infrastructure.

In addition to using corporate PPAs, AO World PLC is also investing in renewable energy projects. The company has installed solar panels on the roof of its distribution centre in Crewe, which generates renewable energy and reduces the amount of electricity that the company needs to purchase from the grid. AO World PLC is also exploring the use of other renewable energy sources, such as wind and biomass, to further reduce its carbon footprint.

AO World PLC is committed to improving energy efficiency across its operations. The company has implemented a range of initiatives to reduce energy consumption, such as installing energy-efficient lighting and heating systems, and using energy-efficient equipment in its warehouses and offices. These initiatives not only help to reduce the company's carbon footprint but also help to reduce operating costs and improve profitability.

AO World PLC is also committed to promoting sustainable practices across its supply chain. The company works closely with its suppliers to ensure that they meet its environmental and ethical standards, and encourages them to adopt sustainable practices. AO World PLC also promotes sustainable product choices to its customers, by providing information on the environmental impact of products and promoting energy-efficient and sustainable products.

In conclusion, AO World PLC is a leading online retailer of home and office products in the United Kingdom, with a strong commitment to decarbonisation and reducing its carbon footprint. The company has implemented a range of initiatives to achieve this goal, including the use of corporate PPAs for renewable energy, investing in renewable energy projects, improving energy efficiency, and promoting sustainable practices across its operations and supply chain. AO World PLC is a leader in the transition to a low-carbon economy and is committed to making a positive impact on the environment and society.

✓ Declared Net Zero commitment