Potential offtaker

EILEEN FISHER

www.eileenfisher.com

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EILEEN FISHER is a women's apparel company based in the United States of America. Founded in 1984, the company has grown to become a leading brand in the fashion industry, known for its simple, elegant designs and commitment to sustainability.

One of the key pillars of EILEEN FISHER's sustainability strategy is decarbonisation. The company recognizes the urgent need to reduce greenhouse gas emissions and limit the impact of climate change. To this end, EILEEN FISHER has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources.

One of the ways in which EILEEN FISHER is working towards decarbonisation is through its corporate energy strategy. The company is committed to reducing its energy consumption and increasing its use of renewable energy. EILEEN FISHER has implemented a range of energy-saving measures, such as upgrading lighting systems and HVAC systems, and improving insulation and building envelopes. These measures have helped the company to reduce its energy consumption by over 20% since 2015.

In addition to reducing its energy consumption, EILEEN FISHER is also investing in renewable energy. The company has signed a number of corporate power purchase agreements (PPAs) to source renewable energy for its operations. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the electricity generated by the renewable energy source. By signing these agreements, EILEEN FISHER is supporting the development of new renewable energy projects and reducing its reliance on fossil fuels.

One of the most significant PPAs signed by EILEEN FISHER is with a wind farm in Illinois. The company has committed to purchasing 50% of the electricity generated by the wind farm, which will supply over 100% of the electricity used by EILEEN FISHER's corporate offices and retail stores in the United States. This PPA is expected to reduce the company's carbon footprint by over 50,000 metric tons of CO2e per year, which is equivalent to taking over 10,000 cars off the road.

EILEEN FISHER is also exploring other renewable energy sources, such as solar power. The company has installed solar panels on the roof of its distribution center in New Jersey, which generate enough electricity to power the entire facility. EILEEN FISHER is also considering the installation of solar panels on the roofs of its retail stores, which would further reduce the company's reliance on grid electricity.

In addition to its energy strategy, EILEEN FISHER is also committed to reducing its carbon footprint through other sustainability initiatives. The company has implemented a closed-loop system for its clothing, which allows customers to return their used EILEEN FISHER garments for recycling or resale. This system helps to reduce waste and extend the life of the company's products.

EILEEN FISHER is also committed to reducing the environmental impact of its supply chain. The company works closely with its suppliers to ensure that they meet its sustainability standards, which include reducing water and energy use, eliminating hazardous chemicals, and protecting worker rights. EILEEN FISHER also sources a significant portion of its materials from sustainable sources, such as organic cotton and recycled polyester.

Overall, EILEEN FISHER is a leading example of a company that is committed to sustainability and decarbonisation. Through its energy strategy, renewable energy investments, closed-loop system, and sustainable supply chain, the company is working towards a more sustainable future. EILEEN FISHER's commitment to sustainability is not only good for the environment but also for its customers and stakeholders, who are increasingly demanding sustainable and ethical products and practices.