Potential offtaker

Gymshark Group Limited

eu.gymshark.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Gymshark Group Limited is a leading fitness apparel and accessories company based in the United Kingdom. Founded in 2012 by Ben Francis, the company has grown rapidly in recent years and has become a household name in the fitness industry. Gymshark operates in the Apparel & Footwear - Online sector and has a strong online presence, with a significant portion of its sales coming from its e-commerce platform.

As a company that is committed to sustainability and environmental responsibility, Gymshark has been actively working towards decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of initiatives to achieve these goals.

One of the key initiatives that Gymshark has undertaken to reduce its carbon footprint is to transition to renewable energy sources. The company has invested in a range of renewable energy technologies, including solar panels, wind turbines, and biomass boilers, to generate clean energy for its operations. By using renewable energy, Gymshark is able to significantly reduce its reliance on fossil fuels and lower its carbon emissions.

In addition to investing in renewable energy, Gymshark has also implemented a range of corporate energy management strategies to improve energy efficiency and reduce energy consumption. The company has conducted energy audits to identify areas where energy use can be reduced and has implemented energy-saving measures such as LED lighting, energy-efficient HVAC systems, and smart building controls.

Another key initiative that Gymshark has undertaken to reduce its carbon footprint is to enter into corporate power purchase agreements (PPAs) with renewable energy providers. Through these agreements, Gymshark is able to purchase renewable energy directly from wind and solar farms, which helps to support the growth of renewable energy and reduce the company's reliance on fossil fuels.

Gymshark has also been actively working to reduce its carbon footprint in its supply chain. The company has implemented a range of sustainability initiatives, including sourcing materials from sustainable sources, reducing waste and water usage, and improving supply chain transparency. By working with its suppliers to implement sustainable practices, Gymshark is able to reduce the environmental impact of its operations and products.

Overall, Gymshark's commitment to sustainability and environmental responsibility is evident in its efforts to reduce its carbon footprint and transition to renewable energy sources. Through its investment in renewable energy technologies, implementation of energy-saving measures, and adoption of sustainable practices in its supply chain, Gymshark is leading the way in the apparel and footwear industry towards a more sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment