Potential offtaker

Cartier Ltd.

www.cartier.com

Estimated electricity consumption

N/A

Countries of production presence

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Cartier is a Swiss-based company that operates in the Other Commercial Support Services sector. The company is known for its luxury watches, jewelry, and accessories. Cartier has a rich history dating back to 1847 when it was founded by Louis-Francois Cartier. Over the years, the company has grown into an iconic brand that is synonymous with luxury and elegance.

In recent years, Cartier has taken a keen interest in decarbonisation and renewable energy. The company has made a commitment to reduce its carbon footprint and become more sustainable. Cartier understands that the world is facing a climate crisis, and it is doing its part to mitigate the impact of climate change.

One of the ways that Cartier is reducing its carbon footprint is through corporate energy initiatives. The company has implemented energy-efficient practices in its manufacturing facilities and retail stores. Cartier is also exploring the use of renewable energy sources such as solar and wind power. By reducing its energy consumption and using renewable energy, Cartier is contributing to the decarbonisation of the planet.

Another way that Cartier is contributing to decarbonisation is through corporate power purchase agreements (PPAs). A PPA is a contract between a company and a renewable energy provider. The company agrees to purchase a certain amount of renewable energy from the provider, which helps to support the development of renewable energy projects. Cartier has signed several corporate PPAs, which have helped to increase the amount of renewable energy in the grid.

Cartier is committed to sustainability and has set ambitious targets for reducing its carbon footprint. The company has pledged to reduce its greenhouse gas emissions by 50% by 2025. To achieve this goal, Cartier is investing in renewable energy and energy-efficient practices.

In addition to its sustainability initiatives, Cartier is also committed to social responsibility. The company has established several programs to support local communities and promote education. Cartier is a member of the Responsible Jewellery Council, which is committed to promoting responsible practices in the jewelry industry.

Cartier is a leader in the luxury industry, and its commitment to sustainability is setting an example for other companies to follow. By investing in renewable energy and reducing its carbon footprint, Cartier is contributing to the decarbonisation of the planet. The company's corporate energy initiatives and PPAs are helping to increase the amount of renewable energy in the grid, which is essential for a sustainable future.

In conclusion, Cartier is a Swiss-based company that operates in the Other Commercial Support Services sector. The company is known for its luxury watches, jewelry, and accessories. Cartier is committed to sustainability and has set ambitious targets for reducing its carbon footprint. The company is investing in renewable energy and energy-efficient practices to achieve its goals. Cartier is a leader in the luxury industry, and its commitment to sustainability is setting an example for other companies to follow.

✓ Science Based Targets member
✓ Declared Net Zero commitment