Potential offtaker

CP ALL PCL

www.cpall.co.th

Estimated electricity consumption

N/A

Countries of production presence

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CP ALL PCL is a leading convenience store operator in Thailand, with over 10,000 stores across the country. The company was established in 1988 and is headquartered in Bangkok. CP ALL PCL is a subsidiary of Charoen Pokphand Group, one of the largest conglomerates in Thailand.

The convenience store sector in Thailand has been growing rapidly in recent years, driven by changing consumer lifestyles and increasing urbanization. CP ALL PCL has been at the forefront of this trend, with its 7-Eleven brand being the most popular convenience store chain in the country. The company has also expanded its operations to other countries in the region, including Cambodia, Laos, Myanmar, and Vietnam.

As a large corporation, CP ALL PCL recognizes its responsibility to reduce its carbon footprint and contribute to decarbonization efforts. The company has set a target to reduce its greenhouse gas emissions by 20% by 2030, compared to its 2019 baseline. To achieve this goal, CP ALL PCL is implementing a range of measures, including energy efficiency improvements, renewable energy adoption, and corporate power purchase agreements (PPAs).

Energy efficiency is a key focus area for CP ALL PCL, as it can help the company reduce its energy consumption and operating costs while also lowering its carbon emissions. The company has implemented various measures to improve energy efficiency in its stores, such as LED lighting, energy-efficient refrigeration systems, and motion sensors to control lighting and air conditioning. CP ALL PCL also conducts regular energy audits to identify further opportunities for energy savings.

In addition to energy efficiency, CP ALL PCL is also investing in renewable energy to decarbonize its operations. The company has set a target to source 20% of its electricity from renewable sources by 2025. To achieve this goal, CP ALL PCL is installing solar panels on the roofs of its stores and other facilities. The company has already installed over 1,000 solar panels across its stores, with a total capacity of 5.5 MW. This has helped CP ALL PCL reduce its reliance on grid electricity and lower its carbon emissions.

To further accelerate its renewable energy adoption, CP ALL PCL is also exploring corporate PPAs. A corporate PPA is a long-term agreement between a company and a renewable energy developer, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period. This can help the company secure a stable and predictable supply of renewable energy while also supporting the development of new renewable energy projects.

CP ALL PCL has already signed a corporate PPA with a solar power developer in Thailand, which will supply the company with 20 MW of solar power for 20 years. This is one of the largest corporate PPAs in Thailand and will help CP ALL PCL meet its renewable energy target while also supporting the development of new solar projects in the country.

In addition to its decarbonization efforts, CP ALL PCL is also committed to corporate social responsibility (CSR) and sustainable development. The company has implemented various CSR initiatives, such as donating to charitable organizations, supporting education and healthcare programs, and promoting environmental awareness among its employees and customers.

CP ALL PCL has also set a target to reduce its plastic usage by 30% by 2025, as part of its efforts to promote sustainable consumption and production. The company has introduced various measures to reduce plastic waste in its stores, such as replacing plastic bags with paper bags, introducing reusable containers for food and beverages, and promoting the use of refillable water bottles.

In conclusion, CP ALL PCL is a leading convenience store operator in Thailand that is committed to decarbonization and sustainable development. The company has set ambitious targets to reduce its carbon emissions, increase its renewable energy adoption, and promote sustainable consumption and production. Through its energy efficiency improvements, renewable energy adoption, and corporate PPAs, CP ALL PCL is demonstrating its leadership in the transition to a low-carbon economy.

✓ Declared Net Zero commitment