Potential offtaker

Fever-Tree

www.fever-tree.com

Estimated electricity consumption

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Countries of production presence

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Fever-Tree is a UK-based company that operates in the carbonated soft drinks sector. The company was founded in 2005 by Charles Rolls and Tim Warrillow, who were both frustrated by the lack of high-quality mixers available on the market. They set out to create a range of premium mixers that would enhance the flavor of spirits and provide a better drinking experience for consumers.

Since its inception, Fever-Tree has become one of the most successful companies in the UK drinks industry. Its range of mixers includes tonic water, ginger beer, lemonade, and soda water, and is sold in over 70 countries worldwide. The company has won numerous awards for its products, including the prestigious Queen's Award for Enterprise in 2017.

Fever-Tree is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. In 2020, Fever-Tree announced that it had achieved carbon neutrality across its operations, including its production facilities, offices, and distribution network.

To achieve this, the company has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy. These include investing in energy-efficient equipment, optimizing its supply chain, and sourcing renewable energy through corporate power purchase agreements (PPAs).

Corporate energy and PPA are two key areas of focus for Fever-Tree. The company has signed several long-term PPAs with renewable energy providers, which allow it to purchase renewable energy at a fixed price over a set period of time. This provides the company with a stable and predictable source of renewable energy, which helps to reduce its exposure to volatile energy prices.

Fever-Tree is also investing in on-site renewable energy generation. The company has installed solar panels and wind turbines at its production facilities, which help to reduce its reliance on grid electricity and lower its carbon footprint. In addition, the company is exploring the use of energy storage technologies, such as batteries, to help manage its energy consumption and reduce its reliance on fossil fuels.

In addition to its focus on renewable energy, Fever-Tree is also committed to reducing its overall energy consumption. The company has implemented a range of energy-saving measures, such as upgrading its lighting systems, optimizing its heating and cooling systems, and improving the insulation of its buildings. These measures not only help to reduce the company's carbon footprint but also help to lower its energy costs.

Overall, Fever-Tree is a company that is committed to sustainability and decarbonisation. Its focus on corporate energy and renewable energy is helping to reduce its carbon footprint and increase its use of clean energy. As the company continues to grow and expand, it will be interesting to see how it continues to innovate and lead the way in sustainable business practices.