Bloomin' Brands Inc. is a publicly traded company based in the United States that operates in the casual restaurant sector. The company was founded in 1988 and is headquartered in Tampa, Florida. Bloomin' Brands operates several well-known restaurant chains, including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar.

As a large corporation, Bloomin' Brands recognizes the importance of decarbonization and reducing its carbon footprint. The company has set a goal to reduce its greenhouse gas emissions by 25% by 2025, using a 2017 baseline. To achieve this goal, Bloomin' Brands is implementing several initiatives to reduce its energy consumption and transition to renewable energy sources.

One of the key initiatives that Bloomin' Brands is implementing is corporate energy management. The company has established an energy management program to identify and implement energy-saving measures across its restaurants. This program includes regular energy audits, the installation of energy-efficient equipment and lighting, and the implementation of best practices for energy management.

Bloomin' Brands is also exploring the use of corporate power purchase agreements (PPAs) to transition to renewable energy sources. A corporate PPA is a contract between a corporation and a renewable energy provider, in which the corporation agrees to purchase a certain amount of renewable energy over a specified period. By entering into a corporate PPA, Bloomin' Brands can support the development of new renewable energy projects and reduce its reliance on fossil fuels.

In 2020, Bloomin' Brands signed its first corporate PPA with Enel Green Power North America. The agreement will provide Bloomin' Brands with 100% renewable energy for its Texas restaurants, reducing the company's greenhouse gas emissions by an estimated 7,000 metric tons per year. The renewable energy will be sourced from the Azure Sky Wind project, located in Texas.

Bloomin' Brands is also exploring other renewable energy options, such as solar power. The company has installed solar panels at several of its restaurants, including Outback Steakhouse locations in California and Arizona. These solar panels generate clean energy and help to reduce the restaurants' energy costs.

In addition to its efforts to reduce its carbon footprint, Bloomin' Brands is also committed to sustainability in other areas. The company has implemented several initiatives to reduce waste and conserve resources. For example, Bloomin' Brands has implemented a food waste reduction program, which includes composting and donation of excess food to local charities. The company has also implemented water conservation measures, such as the installation of low-flow toilets and faucets.

Bloomin' Brands has received recognition for its sustainability efforts. In 2020, the company was named to the Dow Jones Sustainability Index (DJSI) North America for the second consecutive year. The DJSI is a leading sustainability benchmark that evaluates companies based on their economic, environmental, and social performance.

In conclusion, Bloomin' Brands Inc. is a leading player in the casual restaurant sector in the United States. The company is committed to reducing its carbon footprint and transitioning to renewable energy sources. Bloomin' Brands is implementing several initiatives to achieve its sustainability goals, including corporate energy management, corporate PPAs, and the installation of solar panels. The company's efforts have been recognized by the Dow Jones Sustainability Index, demonstrating its commitment to sustainability and corporate responsibility.