Potential offtaker

Essentra PLC

www.essentraplc.com

Estimated electricity consumption

N/A

Countries of production presence

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Essentra PLC is a UK-based company that operates in the Containers & Packaging sector. The company has a global presence and is a leading supplier of essential components and solutions to a wide range of industries, including healthcare, consumer goods, and industrial markets. Essentra PLC has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint and promote decarbonisation.

One of the key areas of focus for Essentra PLC is corporate energy management. The company has implemented a comprehensive energy management system that includes monitoring and reporting of energy usage, identification of energy-saving opportunities, and implementation of energy-efficient technologies. Essentra PLC has also set ambitious targets to reduce its energy consumption and greenhouse gas emissions, and is continuously working towards achieving these targets.

To support its decarbonisation efforts, Essentra PLC has also invested in renewable energy. The company has installed solar panels at several of its facilities, which generate clean energy and reduce its reliance on fossil fuels. Essentra PLC is also exploring other renewable energy sources, such as wind and biomass, to further reduce its carbon footprint.

In addition to investing in renewable energy, Essentra PLC has also entered into corporate power purchase agreements (PPAs). Corporate PPAs are long-term contracts between a company and a renewable energy supplier, which guarantee a fixed price for renewable energy over a specified period. By entering into these agreements, Essentra PLC is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Corporate PPAs also provide Essentra PLC with greater control over its energy supply and enable the company to hedge against future energy price volatility. This is particularly important given the increasing volatility of energy markets and the potential impact of regulatory changes on energy prices.

Essentra PLC's commitment to sustainability and decarbonisation is reflected in its corporate strategy and business operations. The company has implemented a range of initiatives to reduce its environmental impact, including waste reduction, water conservation, and sustainable sourcing of raw materials. Essentra PLC also engages with its suppliers and customers to promote sustainability and encourage the adoption of sustainable practices throughout its supply chain.

In conclusion, Essentra PLC is a UK-based company that operates in the Containers & Packaging sector. The company has a strong focus on sustainability and is committed to reducing its carbon footprint and promoting decarbonisation. Essentra PLC has implemented a range of initiatives to achieve these goals, including corporate energy management, investment in renewable energy, and corporate PPAs. The company's commitment to sustainability is reflected in its corporate strategy and business operations, and it is actively working towards achieving its ambitious targets for energy consumption and greenhouse gas emissions.

✓ Declared Net Zero commitment