Potential offtaker

IQVIA Holdings Inc

www.iqvia.com

Estimated electricity consumption

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Countries of production presence

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IQVIA Holdings Inc is a leading global provider of advanced analytics, technology solutions, and contract research services to the life sciences industry. The company operates in more than 100 countries and employs over 70,000 professionals who are dedicated to helping clients improve their clinical, commercial, and operational performance.

As a responsible corporate citizen, IQVIA is committed to reducing its carbon footprint and promoting sustainable practices across its operations. The company recognizes that decarbonisation is critical to mitigating the impact of climate change and is actively pursuing initiatives to reduce its greenhouse gas emissions.

One of the key ways in which IQVIA is working towards decarbonisation is through its corporate energy strategy. The company has set ambitious targets to reduce its energy consumption and increase its use of renewable energy sources. To achieve these goals, IQVIA is implementing a range of energy efficiency measures, such as upgrading its lighting and HVAC systems, and investing in renewable energy technologies, such as solar panels and wind turbines.

In addition, IQVIA is exploring the use of corporate power purchase agreements (PPAs) to support its renewable energy goals. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for the electricity generated by the provider. By entering into a PPA, IQVIA can secure a reliable source of renewable energy at a predictable cost, while also supporting the growth of the renewable energy sector.

IQVIA's commitment to renewable energy is reflected in its recent announcement of a new PPA with a wind farm in Texas. Under the agreement, IQVIA will purchase 100% of the energy generated by the wind farm for a period of 12 years. This is expected to result in a significant reduction in the company's carbon emissions, equivalent to taking more than 30,000 cars off the road each year.

In addition to its energy strategy, IQVIA is also focused on reducing its overall environmental impact through a range of sustainability initiatives. The company has implemented a comprehensive waste reduction program, which includes recycling, composting, and waste-to-energy initiatives. IQVIA is also working to reduce its water consumption and promote sustainable transportation options for its employees.

Overall, IQVIA is a leader in the life sciences industry, with a strong commitment to sustainability and decarbonisation. Through its corporate energy strategy, the company is working to reduce its carbon footprint and promote the growth of the renewable energy sector. By investing in renewable energy technologies and exploring the use of corporate PPAs, IQVIA is demonstrating its commitment to a sustainable future and setting an example for other companies to follow.