Potential offtaker

Hammerson plc

www.hammerson.com

Estimated electricity consumption

N/A

Countries of production presence

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Hammerson PLC is a leading property investment and development company based in the United Kingdom. The company operates in the Regional Mall REIT sector and is committed to sustainability and decarbonisation. Hammerson PLC is focused on creating sustainable and energy-efficient buildings that reduce carbon emissions and promote renewable energy.

Corporate Energy and Decarbonisation

Hammerson PLC has made a significant commitment to decarbonisation and reducing its carbon footprint. The company has set a target to reduce its carbon emissions by 40% by 2030, and it is working towards this goal through a range of initiatives. One of the key initiatives is the implementation of energy-efficient technologies in its buildings. Hammerson PLC is investing in the latest energy-efficient technologies, such as LED lighting and smart building systems, to reduce energy consumption and carbon emissions.

The company is also working to reduce its reliance on fossil fuels and promote renewable energy. Hammerson PLC has invested in renewable energy projects, such as solar panels and wind turbines, to generate clean energy and reduce its carbon footprint. The company is also exploring the use of corporate power purchase agreements (PPAs) to purchase renewable energy directly from suppliers. This approach not only reduces carbon emissions but also provides a stable and predictable source of energy for the company.

Corporate PPAs and Renewable Energy

Corporate PPAs are agreements between companies and renewable energy suppliers that allow companies to purchase renewable energy directly from the supplier. This approach provides a stable and predictable source of energy for the company, reduces carbon emissions, and supports the growth of renewable energy. Hammerson PLC is exploring the use of corporate PPAs to purchase renewable energy for its buildings and operations.

The company has already invested in renewable energy projects, such as solar panels and wind turbines, to generate clean energy. However, the use of corporate PPAs would enable the company to purchase renewable energy directly from suppliers, even if the renewable energy projects are not located on its properties. This approach would provide a stable and predictable source of energy for the company, reduce its carbon emissions, and support the growth of renewable energy.

Renewable Energy and Sustainability

Hammerson PLC is committed to sustainability and reducing its impact on the environment. The company is focused on creating sustainable and energy-efficient buildings that promote renewable energy and reduce carbon emissions. The use of renewable energy is a key part of the company's sustainability strategy, and it is investing in renewable energy projects to generate clean energy for its buildings and operations.

The company is also exploring the use of green bonds to finance its sustainability initiatives. Green bonds are financial instruments that are used to fund projects that have a positive impact on the environment. Hammerson PLC has issued green bonds to finance its sustainability initiatives, such as the installation of energy-efficient technologies and the development of renewable energy projects.

Conclusion

Hammerson PLC is a leading property investment and development company that is committed to sustainability and decarbonisation. The company is focused on creating sustainable and energy-efficient buildings that promote renewable energy and reduce carbon emissions. Hammerson PLC is investing in the latest energy-efficient technologies, such as LED lighting and smart building systems, to reduce energy consumption and carbon emissions. The company is also exploring the use of corporate PPAs to purchase renewable energy directly from suppliers and reduce its reliance on fossil fuels. The use of renewable energy is a key part of the company's sustainability strategy, and it is investing in renewable energy projects to generate clean energy for its buildings and operations. Hammerson PLC is also using green bonds to finance its sustainability initiatives and reduce its impact on the environment.

✓ Declared Net Zero commitment