Potential offtaker

Direct Line Insurance Group plc

www.directlinegroup.com

Estimated electricity consumption

N/A

Countries of production presence

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Direct Line Insurance Group plc is a leading insurer in the United Kingdom that operates in the P&C Personal Lines sector. The company provides a range of insurance products, including car, home, pet, and travel insurance, to its customers. Direct Line Insurance Group plc has a strong commitment to sustainability and is actively pursuing decarbonisation initiatives to reduce its carbon footprint.

One of the key areas of focus for Direct Line Insurance Group plc is corporate energy. The company recognises that energy consumption is a significant contributor to greenhouse gas emissions, and as such, it is working to reduce its energy consumption and increase its use of renewable energy sources. Direct Line Insurance Group plc has set ambitious energy reduction targets, which it aims to achieve through a range of initiatives, including energy-efficient building design, the installation of energy-efficient lighting and HVAC systems, and the use of renewable energy sources.

Direct Line Insurance Group plc is also exploring the use of corporate power purchase agreements (PPAs) to increase its use of renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee the purchase of a set amount of renewable energy at a fixed price. By entering into a PPA, Direct Line Insurance Group plc can secure a reliable source of renewable energy, while also supporting the development of new renewable energy projects.

In addition to its own decarbonisation efforts, Direct Line Insurance Group plc is also encouraging its suppliers to adopt sustainable practices. The company has developed a supplier code of conduct, which sets out its expectations for suppliers in areas such as environmental sustainability, labour practices, and ethical behaviour. Direct Line Insurance Group plc also works closely with its suppliers to identify opportunities for collaboration on sustainability initiatives, such as the use of renewable energy and the reduction of waste.

Direct Line Insurance Group plc is committed to reducing its carbon footprint and promoting sustainability across its operations. The company recognises that the transition to a low-carbon economy requires a collective effort from all stakeholders, and as such, it is actively engaging with its customers, employees, and other stakeholders to promote sustainability and encourage behaviour change. Direct Line Insurance Group plc is also working closely with industry peers and policymakers to advocate for policies that support the transition to a low-carbon economy.

Overall, Direct Line Insurance Group plc is a leading insurer in the United Kingdom that is committed to sustainability and decarbonisation. The company is pursuing a range of initiatives to reduce its carbon footprint, increase its use of renewable energy, and promote sustainability across its operations. By taking a proactive approach to sustainability, Direct Line Insurance Group plc is not only reducing its environmental impact but also creating long-term value for its stakeholders.

✓ Science Based Targets member
✓ Declared Net Zero commitment