Potential offtaker

Capri Holdings Limited

capriholdings.com

Estimated electricity consumption

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Countries of production presence

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Capri Holdings Limited is a fashion company based in the United States of America that operates in the Apparel, Footwear & Acc Design sector. The company is known for its luxury fashion brands such as Michael Kors, Versace, and Jimmy Choo. Capri Holdings Limited has a global presence with stores in over 100 countries worldwide. The company is committed to sustainability and has taken several measures to reduce its carbon footprint.

Decarbonisation is a critical issue for Capri Holdings Limited, and the company has set ambitious targets to reduce its greenhouse gas emissions. The company has pledged to reduce its carbon emissions by 50% by 2025 and to achieve net-zero emissions by 2050. Capri Holdings Limited has adopted a comprehensive approach to decarbonisation, which includes reducing energy consumption, increasing the use of renewable energy, and investing in new technologies.

Corporate energy is a significant area of focus for Capri Holdings Limited. The company has implemented several measures to reduce its energy consumption, such as upgrading lighting systems, installing energy-efficient HVAC systems, and optimizing its supply chain. Capri Holdings Limited has also implemented a corporate energy management system that tracks energy consumption and identifies areas for improvement. The company has set a target to reduce its energy consumption by 30% by 2025.

Corporate power purchase agreements (PPAs) are an essential part of Capri Holdings Limited's renewable energy strategy. The company has signed several PPAs to purchase renewable energy from wind and solar projects. These agreements allow Capri Holdings Limited to purchase renewable energy at a fixed price, which provides long-term cost stability and reduces the company's exposure to energy price volatility. Capri Holdings Limited has set a target to source 100% of its electricity from renewable sources by 2025.

Renewable energy is a crucial component of Capri Holdings Limited's sustainability strategy. The company has invested in several renewable energy projects, including solar panels and wind turbines. Capri Holdings Limited has also implemented energy storage systems to store excess energy generated from renewable sources. The company has set a target to generate 50% of its energy from renewable sources by 2025.

Capri Holdings Limited's sustainability strategy is not limited to decarbonisation and renewable energy. The company has also taken several measures to reduce its waste and water consumption. Capri Holdings Limited has implemented a waste management system that includes recycling and composting. The company has also implemented water-saving measures such as installing low-flow fixtures and optimizing its water use in manufacturing processes.

In conclusion, Capri Holdings Limited is a fashion company based in the United States of America that operates in the Apparel, Footwear & Acc Design sector. The company is committed to sustainability and has taken several measures to reduce its carbon footprint. Capri Holdings Limited has set ambitious targets to reduce its greenhouse gas emissions, reduce energy consumption, and source 100% of its electricity from renewable sources. The company's sustainability strategy also includes measures to reduce waste and water consumption. Capri Holdings Limited is a leader in sustainability in the fashion industry and is setting an example for other companies to follow.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment