Potential offtaker

Grainger PLC

www.graingerplc.co.uk

Estimated electricity consumption

N/A

Countries of production presence

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Grainger PLC is a leading residential property investment and development company based in the United Kingdom. The company operates in the Residential Owners & Developers sector and is committed to decarbonisation and sustainable energy practices. Grainger PLC is a publicly traded company listed on the London Stock Exchange and is a member of the FTSE 250 index.

Grainger PLC was founded in 1912 and has a long history of investing in and developing residential properties in the UK. The company's portfolio includes a mix of rental properties, leasehold properties, and freehold properties. Grainger PLC's properties are located across the UK, with a focus on major cities such as London, Manchester, and Birmingham.

Decarbonisation is a key priority for Grainger PLC, and the company has set ambitious targets to reduce its carbon footprint. The company is committed to reducing its carbon emissions by 50% by 2030 and achieving net-zero emissions by 2050. Grainger PLC is taking a holistic approach to decarbonisation, focusing on energy efficiency, renewable energy, and sustainable transport.

Corporate energy is another area of focus for Grainger PLC. The company is committed to reducing its energy consumption and increasing its use of renewable energy. Grainger PLC has implemented a range of energy-saving measures across its properties, including LED lighting, smart heating systems, and insulation. The company is also exploring the use of corporate power purchase agreements (PPAs) to source renewable energy directly from generators.

Corporate PPAs are a key tool for companies looking to increase their use of renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy generator, typically a wind or solar farm. The company agrees to purchase a set amount of renewable energy from the generator at a fixed price over a period of years. Corporate PPAs provide companies with a reliable source of renewable energy and can help to reduce their carbon footprint.

Renewable energy is a key focus area for Grainger PLC. The company is committed to increasing its use of renewable energy across its portfolio and is exploring a range of options, including solar panels, wind turbines, and biomass boilers. Grainger PLC has already installed solar panels on a number of its properties, and the company is exploring the potential for further renewable energy projects.

Grainger PLC is also committed to sustainable transport. The company is working to reduce the carbon emissions associated with its transport operations by promoting the use of electric vehicles and encouraging staff to use public transport. Grainger PLC is also exploring the potential for sustainable transport solutions, such as cycle hire schemes and car-sharing initiatives.

In addition to its focus on decarbonisation and sustainable energy practices, Grainger PLC is committed to social responsibility and community engagement. The company works closely with local communities to ensure that its developments are socially and environmentally sustainable. Grainger PLC also supports a range of charitable initiatives, including homelessness charities and community development projects.

Overall, Grainger PLC is a leading residential property investment and development company that is committed to decarbonisation, corporate energy, corporate PPAs, and renewable energy. The company is taking a holistic approach to sustainability, focusing on energy efficiency, renewable energy, sustainable transport, and community engagement. Grainger PLC's commitment to sustainability is reflected in its ambitious targets to reduce its carbon footprint and achieve net-zero emissions by 2050.

✓ Declared Net Zero commitment