Potential offtaker

Clarivate, PLC

www.clarivate.com

Estimated electricity consumption

N/A

Countries of production presence

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Clarivate, PLC is a leading global provider of trusted insights and analytics to accelerate the pace of innovation. The company operates in the Non-Financial Info Services sector and is headquartered in the United Kingdom. Clarivate, PLC provides a range of services to its clients, including scientific and academic research, patent and trademark data, and analytics solutions. The company's mission is to help its clients make informed decisions and drive innovation by providing them with reliable and accurate information.

One of the key areas of focus for Clarivate, PLC is decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy. As part of its commitment to decarbonisation, Clarivate, PLC has set ambitious targets to reduce its own carbon footprint. The company is working to reduce its greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050.

To achieve these targets, Clarivate, PLC is implementing a range of measures to reduce its energy consumption and increase its use of renewable energy. The company is investing in energy-efficient technologies and practices, such as LED lighting, building automation systems, and energy-efficient HVAC systems. Clarivate, PLC is also exploring the use of corporate power purchase agreements (PPAs) to source renewable energy for its operations.

Corporate PPAs are long-term contracts between a company and a renewable energy provider, usually a wind or solar farm. These agreements enable companies to purchase renewable energy directly from the source, often at a lower cost than traditional grid electricity. By entering into a corporate PPA, Clarivate, PLC can reduce its reliance on fossil fuels and support the development of new renewable energy projects.

In addition to reducing its own carbon footprint, Clarivate, PLC is also helping its clients to achieve their sustainability goals. The company provides a range of solutions to help businesses track and manage their energy consumption, carbon emissions, and sustainability performance. Clarivate, PLC's solutions enable businesses to identify areas for improvement and implement strategies to reduce their environmental impact.

One of the key solutions offered by Clarivate, PLC is corporate energy management. This solution enables businesses to monitor and manage their energy consumption across multiple sites and identify opportunities for energy savings. By implementing energy-efficient technologies and practices, businesses can reduce their energy costs and carbon emissions.

Clarivate, PLC also offers a range of solutions to help businesses transition to renewable energy. The company's renewable energy solutions enable businesses to source renewable energy directly from the source, often at a lower cost than traditional grid electricity. By switching to renewable energy, businesses can reduce their carbon emissions and demonstrate their commitment to sustainability.

In conclusion, Clarivate, PLC is a leading global provider of trusted insights and analytics to accelerate the pace of innovation. The company operates in the Non-Financial Info Services sector and is headquartered in the United Kingdom. Clarivate, PLC is committed to decarbonisation and is implementing a range of measures to reduce its own carbon footprint and help its clients achieve their sustainability goals. The company is investing in energy-efficient technologies and practices, exploring the use of corporate PPAs, and providing a range of solutions to help businesses manage their energy consumption and transition to renewable energy.