Potential offtaker

ICA Gruppen

www.icagruppen.se

Estimated electricity consumption

N/A

Countries of production presence

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ICA Gruppen is a leading Swedish retail company that operates in the supermarket sector. The company was founded in 1938 and has since grown to become one of the largest retail chains in Sweden. ICA Gruppen operates through a number of subsidiaries including ICA Sweden, ICA Banken, ICA Real Estate, and ICA Insurance. The company has a strong focus on sustainability and has made significant efforts to reduce its carbon footprint through various initiatives such as decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus area for ICA Gruppen. The company has set ambitious targets to reduce its carbon emissions and has implemented a number of initiatives to achieve these goals. One of the key initiatives is the use of renewable energy sources such as wind and solar power. ICA Gruppen has invested heavily in renewable energy projects and has installed solar panels on the roofs of its stores and warehouses. The company has also signed long-term contracts with renewable energy providers to ensure a steady supply of clean energy.

Corporate energy is another area where ICA Gruppen has made significant progress. The company has implemented energy efficiency measures across its operations to reduce its energy consumption. This includes the use of energy-efficient lighting, heating, and cooling systems, as well as the installation of smart meters to monitor and manage energy usage. ICA Gruppen has also implemented a number of energy-saving measures in its stores, such as the use of LED lighting and the installation of energy-efficient refrigeration systems.

Corporate PPA (Power Purchase Agreement) is another initiative that ICA Gruppen has implemented to reduce its carbon footprint. The company has signed long-term contracts with renewable energy providers to purchase renewable energy at a fixed price. This ensures a steady supply of clean energy and helps to reduce the company's reliance on fossil fuels. The use of corporate PPA also helps to support the development of renewable energy projects, which in turn helps to reduce carbon emissions.

Renewable energy is a key focus area for ICA Gruppen. The company has made significant investments in renewable energy projects and has set ambitious targets to increase its use of renewable energy. ICA Gruppen has installed solar panels on the roofs of its stores and warehouses, and has also invested in wind energy projects. The company has also signed long-term contracts with renewable energy providers to ensure a steady supply of clean energy.

In addition to its focus on sustainability, ICA Gruppen is also committed to providing high-quality products and services to its customers. The company operates a number of different store formats, including ICA Supermarkets, ICA Kvantum, and ICA Nära. Each store format is designed to meet the specific needs of its customers, with a focus on providing high-quality products and services at competitive prices.

ICA Gruppen is also committed to supporting local communities and has implemented a number of initiatives to support local businesses and charities. The company has a strong focus on corporate social responsibility and has implemented a number of initiatives to support local communities, such as the ICA Foundation, which supports charitable projects in Sweden and other countries.

Overall, ICA Gruppen is a leading Swedish retail company that operates in the supermarket sector. The company has a strong focus on sustainability and has made significant efforts to reduce its carbon footprint through various initiatives such as decarbonisation, corporate energy, corporate PPA, and renewable energy. The company is also committed to providing high-quality products and services to its customers, and supporting local communities through various initiatives.

✓ Science Based Targets member
✓ Declared Net Zero commitment