Potential offtaker

Block, Inc.

Estimated electricity consumption

N/A

Countries of production presence

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Block, Inc. is a leading financial transaction processor based in the United States of America. The company has been at the forefront of the financial industry for over a decade, providing innovative solutions to its clients. Block, Inc. has a strong commitment to sustainability and has been actively involved in decarbonisation efforts. The company has implemented various initiatives to reduce its carbon footprint and promote the use of renewable energy.

Corporate Energy

Block, Inc. recognizes the importance of corporate energy management and has taken several steps to reduce its energy consumption. The company has implemented energy-efficient measures in its offices and data centers, such as LED lighting, motion sensors, and energy-efficient HVAC systems. These measures have resulted in significant energy savings and have helped the company reduce its carbon footprint.

Corporate PPA

Block, Inc. has also entered into a corporate power purchase agreement (PPA) to support the development of renewable energy projects. The company has committed to purchasing a portion of the electricity generated by a wind farm in Texas. This PPA will not only help the company meet its sustainability goals but will also provide long-term price stability for its energy needs.

Renewable Energy

Block, Inc. is committed to promoting the use of renewable energy and has implemented several initiatives to support this goal. The company has installed solar panels on the roof of its headquarters, which generate a significant portion of the building's electricity needs. Block, Inc. has also invested in renewable energy projects, such as wind and solar farms, to support the development of clean energy sources.

Decarbonisation

Block, Inc. recognizes the urgent need to reduce greenhouse gas emissions and has taken a proactive approach to decarbonisation. The company has set ambitious targets to reduce its carbon footprint and has implemented several initiatives to achieve these goals. Block, Inc. has implemented energy-efficient measures, invested in renewable energy projects, and entered into a corporate PPA to support the development of clean energy sources.

In conclusion, Block, Inc. is a leading financial transaction processor that is committed to sustainability and decarbonisation. The company has implemented several initiatives to reduce its carbon footprint and promote the use of renewable energy. Block, Inc. recognizes the importance of corporate energy management and has taken several steps to reduce its energy consumption. The company has entered into a corporate PPA to support the development of renewable energy projects and has invested in renewable energy projects to support the development of clean energy sources. Block, Inc. is a shining example of a company that is committed to sustainability and is taking proactive steps to reduce its impact on the environment.

✓ Science Based Targets member
✓ Declared Net Zero commitment