Potential offtaker

Bunzl plc

www.bunzl.com

Estimated electricity consumption

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Countries of production presence

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Bunzl plc is a leading global distribution and outsourcing company based in the United Kingdom. The company operates in the Other Wholesalers sector and provides a wide range of products and services to customers in various industries. With a focus on sustainability and decarbonisation, Bunzl has made significant efforts to reduce its carbon footprint and promote the use of renewable energy sources.

Corporate Energy and Decarbonisation

Bunzl plc is committed to reducing its carbon footprint and promoting sustainable practices across its operations. The company has set ambitious targets to reduce its greenhouse gas emissions and increase the use of renewable energy sources. In 2020, Bunzl announced its commitment to achieving net-zero carbon emissions by 2050. This ambitious target includes reducing the company's Scope 1 and Scope 2 emissions by 50% by 2030 and achieving 100% renewable electricity by 2025.

To achieve these targets, Bunzl has implemented a range of measures to reduce its energy consumption and increase the use of renewable energy sources. The company has invested in energy-efficient technologies and processes, such as LED lighting, energy-efficient heating and cooling systems, and improved insulation. Bunzl has also implemented a range of behavioural change initiatives to encourage employees to adopt more sustainable practices, such as turning off lights and equipment when not in use.

Corporate PPA and Renewable Energy

Bunzl plc has also made significant investments in renewable energy sources to reduce its carbon footprint and promote sustainable practices. The company has signed several corporate power purchase agreements (PPAs) to source renewable energy from wind and solar farms. These agreements allow Bunzl to purchase renewable energy directly from the source, reducing its reliance on fossil fuels and supporting the growth of renewable energy infrastructure.

In 2020, Bunzl signed a 10-year PPA with a wind farm in Scotland, which will provide the company with 50% of its electricity needs in the UK. The wind farm will generate enough renewable energy to power 35,000 homes and will help Bunzl to reduce its carbon footprint by over 15,000 tonnes of CO2 per year. Bunzl has also signed PPAs with solar farms in Spain and Portugal, which will provide the company with renewable energy to power its operations in these countries.

In addition to PPAs, Bunzl has also invested in on-site renewable energy generation, such as solar panels and wind turbines. The company has installed solar panels on the roofs of its distribution centres and offices, generating renewable energy to power its operations. Bunzl has also installed wind turbines at some of its distribution centres, generating renewable energy to power its operations and reduce its carbon footprint.

Conclusion

Bunzl plc is a leading global distribution and outsourcing company that is committed to reducing its carbon footprint and promoting sustainable practices. The company has set ambitious targets to achieve net-zero carbon emissions by 2050 and has implemented a range of measures to reduce its energy consumption and increase the use of renewable energy sources. Bunzl has signed several corporate PPAs to source renewable energy from wind and solar farms, reducing its reliance on fossil fuels and supporting the growth of renewable energy infrastructure. The company has also invested in on-site renewable energy generation, such as solar panels and wind turbines, to generate renewable energy to power its operations. Bunzl's commitment to decarbonisation and sustainable practices demonstrates its leadership in promoting a more sustainable future for the planet.

✓ Science Based Targets member
✓ Declared Net Zero commitment