Potential offtaker

DS Smith

www.dssmith.com

Estimated electricity consumption

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Countries of production presence

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DS Smith is a leading provider of sustainable packaging solutions, operating in the Paper Containers & Packaging sector. The company is headquartered in the United Kingdom and has operations in over 30 countries worldwide. DS Smith is committed to decarbonisation and reducing its carbon footprint through the use of renewable energy and other sustainable practices.

Corporate Energy

DS Smith has a strong commitment to corporate energy management and sustainability. The company has set ambitious targets to reduce its carbon footprint and improve its energy efficiency. DS Smith has implemented a range of initiatives to achieve these goals, including the use of renewable energy, energy-efficient technologies, and the adoption of best practices in energy management.

One of the key initiatives that DS Smith has undertaken is the installation of solar panels on the roofs of its manufacturing facilities. The company has installed over 23,000 solar panels across its operations, generating over 6,000 MWh of renewable energy each year. This has helped DS Smith to reduce its carbon footprint and improve its energy efficiency, while also reducing its reliance on fossil fuels.

Corporate PPA

DS Smith has also entered into a number of corporate power purchase agreements (PPAs) to support its renewable energy goals. PPAs are long-term contracts between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. This helps to provide a stable source of revenue for the renewable energy provider, while also enabling the company to reduce its carbon footprint and support the transition to a low-carbon economy.

In 2020, DS Smith signed a 15-year PPA with a wind farm in Scotland, which will provide the company with 50 GWh of renewable energy each year. This represents a significant step towards the company's goal of sourcing 100% renewable electricity by 2030. The PPA will also help to support the development of new renewable energy projects in the UK, creating new jobs and supporting the transition to a low-carbon economy.

Renewable Energy

DS Smith is committed to using renewable energy to power its operations and reduce its carbon footprint. The company has set a target to source 100% renewable electricity by 2030, and has made significant progress towards this goal in recent years. In addition to its solar panel installations and corporate PPAs, DS Smith has also invested in other renewable energy technologies, such as biomass boilers and energy-efficient lighting.

One of the key benefits of using renewable energy is that it helps to reduce greenhouse gas emissions and combat climate change. By using renewable energy to power its operations, DS Smith is able to reduce its carbon footprint and support the transition to a low-carbon economy. This is not only good for the environment, but also helps to create a more sustainable business model that is better able to withstand future disruptions and challenges.

Decarbonisation

Decarbonisation is a key priority for DS Smith, and the company has set ambitious targets to reduce its carbon footprint and support the transition to a low-carbon economy. This includes a commitment to sourcing 100% renewable electricity by 2030, as well as reducing its greenhouse gas emissions by 30% by 2030 (compared to a 2015 baseline).

In addition to its renewable energy initiatives, DS Smith has implemented a range of other measures to reduce its carbon footprint. This includes improving the energy efficiency of its operations, reducing waste and emissions, and promoting sustainable practices throughout its supply chain. The company has also set a target to achieve zero waste to landfill across its operations by 2030, further demonstrating its commitment to sustainability and decarbonisation.

Conclusion

DS Smith is a leading provider of sustainable packaging solutions, operating in the Paper Containers & Packaging sector. The company is committed to decarbonisation and reducing its carbon footprint through the use of renewable energy and other sustainable practices. DS Smith has implemented a range of initiatives to achieve these goals, including the use of solar panels, corporate power purchase agreements, and other renewable energy technologies. The company has also set ambitious targets to reduce its greenhouse gas emissions and achieve zero waste to landfill across its operations. By prioritising sustainability and decarbonisation, DS Smith is helping to create a more sustainable and resilient business model that is better able to withstand future disruptions and challenges.

✓ Science Based Targets member
✓ Declared Net Zero commitment