Potential offtaker

Etablissements Franz Colruyt NV

www.colruytgroup.com

Estimated electricity consumption

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Countries of production presence

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Etablissements Franz Colruyt NV is a Belgian company that operates in the supermarket sector. The company was founded in 1928 by Franz Colruyt and has since grown to become one of the largest retailers in Belgium. The company is known for its focus on sustainability and has been actively working towards decarbonisation and the use of renewable energy sources.

Corporate Energy

Etablissements Franz Colruyt NV has been actively working towards reducing its carbon footprint through various initiatives. One of the key initiatives is the use of renewable energy sources. The company has invested heavily in solar panels and wind turbines to generate its own energy. In 2019, the company generated 22% of its electricity from renewable sources. The company has set a target to generate 100% of its electricity from renewable sources by 2030.

The company has also implemented energy-efficient measures in its stores and warehouses. The stores are equipped with energy-efficient lighting, heating, and cooling systems. The company has also implemented a system to monitor and control energy consumption in its stores and warehouses.

Corporate PPA

Etablissements Franz Colruyt NV has also entered into a corporate power purchase agreement (PPA) to support the development of renewable energy projects. The company has signed a 10-year PPA with a wind farm in Belgium. Under the agreement, the company will purchase the entire output of the wind farm, which will generate enough electricity to power 17,000 households.

The PPA is part of the company's strategy to reduce its carbon footprint and support the development of renewable energy projects. The company has set a target to reduce its carbon footprint by 50% by 2025 and the PPA is expected to contribute significantly towards achieving this target.

Renewable Energy

Etablissements Franz Colruyt NV has been actively investing in renewable energy sources. The company has installed solar panels on the roofs of its stores and warehouses, which generate electricity to power the company's operations. The company has also invested in wind turbines, which generate electricity to power the company's stores and warehouses.

The company has set a target to generate 100% of its electricity from renewable sources by 2030. To achieve this target, the company is investing in new renewable energy projects and expanding its existing renewable energy infrastructure.

Decarbonisation

Etablissements Franz Colruyt NV is committed to reducing its carbon footprint and has set a target to reduce its carbon footprint by 50% by 2025. The company has implemented various initiatives to achieve this target, including the use of renewable energy sources and energy-efficient measures in its stores and warehouses.

The company has also implemented a system to monitor and control its carbon emissions. The system tracks the carbon emissions of the company's operations and identifies areas where emissions can be reduced. The company has set a target to reduce its carbon emissions by 30% by 2025.

Conclusion

Etablissements Franz Colruyt NV is a Belgian company that operates in the supermarket sector. The company is known for its focus on sustainability and has been actively working towards decarbonisation and the use of renewable energy sources. The company has set a target to generate 100% of its electricity from renewable sources by 2030 and to reduce its carbon footprint by 50% by 2025. The company has implemented various initiatives to achieve these targets, including the use of renewable energy sources, energy-efficient measures, and a system to monitor and control carbon emissions. The company has also entered into a corporate power purchase agreement to support the development of renewable energy projects.

✓ Re100 member
✓ Declared Net Zero commitment