Dufry International AG is a Swiss-based company that operates in the Other Spec Retail - Discr sector. The company is a leading travel retail operator that specializes in duty-free and duty-paid retail stores in airports, cruise lines, seaports, and other tourist destinations. Dufry International AG operates in over 65 countries worldwide, with more than 2,500 stores in its portfolio.

The company has a strong commitment to sustainability and decarbonisation. Dufry International AG recognizes the importance of reducing its carbon footprint and has set ambitious targets to achieve this goal. The company is committed to reducing its greenhouse gas emissions by 50% by 2030 and achieving net-zero emissions by 2050. To achieve this, Dufry International AG is implementing a range of measures, including investing in renewable energy, energy efficiency, and carbon offsetting.

One of the key initiatives that Dufry International AG has undertaken to reduce its carbon footprint is corporate energy procurement. The company has signed several corporate power purchase agreements (PPAs) with renewable energy providers to source clean energy for its operations. By purchasing renewable energy through PPAs, Dufry International AG is reducing its reliance on fossil fuels and supporting the growth of the renewable energy sector.

In 2020, Dufry International AG signed a PPA with a wind farm in Spain, which will supply the company with 80 GWh of renewable energy annually. This PPA will enable Dufry International AG to reduce its carbon emissions by approximately 33,000 tonnes per year, which is equivalent to the emissions from over 7,000 passenger vehicles. The company has also signed a PPA with a solar farm in Brazil, which will supply the company with 1.5 GWh of renewable energy annually.

Dufry International AG is also investing in energy efficiency measures to reduce its energy consumption and carbon emissions. The company has implemented a range of initiatives, including LED lighting, energy-efficient HVAC systems, and smart building management systems. These measures have enabled Dufry International AG to reduce its energy consumption by over 30% in some locations.

In addition to its energy efficiency and renewable energy initiatives, Dufry International AG is also investing in carbon offsetting projects to mitigate its carbon emissions. The company has partnered with several carbon offsetting providers to support projects that reduce or remove carbon emissions from the atmosphere. These projects include reforestation, renewable energy, and energy efficiency initiatives.

Dufry International AG's commitment to sustainability and decarbonisation extends beyond its own operations. The company is also working with its suppliers and partners to reduce their carbon footprint and promote sustainable practices. Dufry International AG has developed a sustainability program for its suppliers, which includes guidelines on environmental and social responsibility. The company is also working with its partners to promote sustainable tourism practices and reduce the environmental impact of tourism.

In conclusion, Dufry International AG is a leading travel retail operator that is committed to sustainability and decarbonisation. The company recognizes the importance of reducing its carbon footprint and has set ambitious targets to achieve this goal. Dufry International AG is investing in renewable energy, energy efficiency, and carbon offsetting initiatives to reduce its carbon emissions. The company's commitment to sustainability extends beyond its own operations and includes working with its suppliers and partners to promote sustainable practices. Dufry International AG's efforts to reduce its carbon footprint are an example of how companies can take action to mitigate climate change and promote sustainable development.