Potential offtaker

Capital One

www.capitalone.co.uk

Estimated electricity consumption

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Countries of production presence

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Capital One is a leading financial services company based in the United States of America that operates in the credit card lending sector. The company has a strong focus on innovation, technology, and customer experience. Capital One has been consistently ranked as one of the best places to work in the US, and it has a reputation for being a socially responsible company that is committed to sustainability and decarbonisation.

Capital One has made significant strides in reducing its carbon footprint and transitioning to renewable energy sources. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of initiatives to achieve these goals. Capital One has also invested in renewable energy projects and has entered into corporate power purchase agreements (PPAs) to support the development of new renewable energy infrastructure.

Decarbonisation is a key priority for Capital One, and the company has set a target to reduce its greenhouse gas emissions by 50% by 2025. To achieve this goal, Capital One has implemented a range of initiatives to reduce its energy consumption and transition to renewable energy sources. The company has invested in energy-efficient technologies and has implemented a range of energy-saving measures across its operations. Capital One has also adopted a green building policy, which requires all new buildings to be designed and constructed to meet LEED certification standards.

Corporate energy is another area of focus for Capital One. The company has implemented a range of measures to reduce its energy consumption and improve its energy efficiency. Capital One has installed energy-efficient lighting and HVAC systems across its operations, and it has implemented a range of energy-saving measures, such as turning off lights and equipment when not in use. The company has also implemented a range of employee engagement initiatives to encourage staff to reduce their energy consumption and adopt sustainable practices.

Corporate PPAs are an important part of Capital One's renewable energy strategy. The company has entered into several corporate PPAs to support the development of new renewable energy infrastructure. These agreements provide long-term contracts for the purchase of renewable energy at a fixed price, which helps to support the development of new renewable energy projects. Capital One has also invested in renewable energy projects, such as wind and solar farms, to support the transition to renewable energy sources.

Renewable energy is a key focus area for Capital One. The company has set a target to source 100% of its electricity from renewable sources by 2025, and it has made significant progress towards this goal. Capital One has invested in renewable energy projects and has entered into corporate PPAs to support the development of new renewable energy infrastructure. The company has also implemented a range of energy-saving measures and has adopted a green building policy to reduce its energy consumption and transition to renewable energy sources.

In conclusion, Capital One is a leading financial services company that operates in the credit card lending sector. The company has a strong focus on innovation, technology, and customer experience, and it is committed to sustainability and decarbonisation. Capital One has set ambitious targets to reduce its greenhouse gas emissions and transition to renewable energy sources. The company has implemented a range of initiatives to achieve these goals, including investing in renewable energy projects, entering into corporate PPAs, and implementing energy-saving measures across its operations. Capital One's commitment to sustainability and decarbonisation is a key part of its corporate strategy, and it is a leading example of how companies can contribute to a more sustainable future.