Potential offtaker

Breitling

www.breitling.com

Estimated electricity consumption

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Breitling is a Swiss luxury watch brand that has been in the business for over 135 years. The company was founded in 1884 by Léon Breitling, and since then, it has been known for its precision, innovation, and technical excellence. Breitling has always been at the forefront of the watch industry, and it has established itself as a leader in the field of aviation watches. The company has a strong commitment to sustainability, and it has taken several initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus for Breitling, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2019, Breitling joined the Science Based Targets initiative (SBTi), which is a collaboration between the United Nations Global Compact, World Resources Institute, and other organizations. The SBTi helps companies set science-based targets to reduce their emissions and limit global warming to below 2 degrees Celsius. Breitling has committed to reducing its Scope 1 and 2 emissions by 50% by 2030, and it has also set a target to reduce its Scope 3 emissions by 30% by 2030.

Corporate energy is another area where Breitling is making significant progress. The company has implemented several energy efficiency measures in its production facilities and offices, including the installation of LED lighting, energy-efficient HVAC systems, and the use of renewable energy sources. In 2020, Breitling signed a corporate power purchase agreement (PPA) with a wind farm in Norway. The PPA will provide Breitling with 100% renewable energy for its production facilities and offices in Switzerland, and it will help the company reduce its carbon footprint by over 3,000 tons of CO2 per year.

Renewable energy is a key part of Breitling's sustainability strategy, and the company is committed to promoting the use of renewable energy sources. In addition to its PPA with the wind farm in Norway, Breitling has also installed solar panels on the roof of its production facility in La Chaux-de-Fonds, Switzerland. The solar panels generate over 100,000 kWh of electricity per year, which is equivalent to the energy consumption of 30 households. Breitling has also partnered with the Solar Impulse Foundation, which is a non-profit organization that promotes clean technologies and renewable energy. The partnership aims to promote sustainable solutions and raise awareness about the importance of renewable energy.

Breitling's commitment to sustainability extends beyond its operations, and the company is also taking steps to promote sustainable practices in the watch industry. In 2020, Breitling launched a new watch strap made from recycled ocean plastic. The strap is made from Econyl, which is a material made from recycled fishing nets and other nylon waste. The strap is part of Breitling's Ocean Conservancy collection, which aims to raise awareness about the importance of protecting the oceans and marine life.

In conclusion, Breitling is a Swiss luxury watch brand that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its greenhouse gas emissions, and it has implemented several energy efficiency measures and renewable energy initiatives. Breitling's partnership with the Solar Impulse Foundation and its Ocean Conservancy collection demonstrate its commitment to promoting sustainable practices in the watch industry. Breitling's corporate energy and PPA initiatives are also setting an example for other companies in the sector to follow. As a leader in the watch industry, Breitling is proving that sustainability and luxury can go hand in hand.