Potential offtaker

IWG PLC

www.iwgplc.com

Estimated electricity consumption

N/A

Countries of production presence

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IWG PLC is a leading provider of flexible workspace solutions, with a global network of over 3,300 locations in more than 110 countries. The company's mission is to provide businesses with the flexibility and support they need to thrive in today's fast-paced and ever-changing business environment.

As a company that operates in the Other Professional Services sector, IWG PLC is committed to sustainability and decarbonisation. The company recognises the importance of reducing its carbon footprint and has implemented a number of initiatives to achieve this goal.

One of the key ways in which IWG PLC is working to reduce its carbon footprint is through the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar, and is committed to sourcing 100% of its electricity from renewable sources by 2025.

In addition to investing in renewable energy, IWG PLC is also working to reduce its energy consumption through the implementation of energy-efficient technologies and practices. The company has implemented a number of energy-saving measures across its global network of locations, including the use of LED lighting, motion sensors, and smart building management systems.

Another way in which IWG PLC is working to reduce its carbon footprint is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy provider, whereby the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time.

By entering into corporate PPAs, IWG PLC is able to support the development of new renewable energy projects and reduce its reliance on fossil fuels. The company has already signed a number of corporate PPAs with renewable energy providers, and is committed to increasing its use of this innovative financing mechanism in the future.

Overall, IWG PLC is a company that is committed to sustainability and decarbonisation. Through its investments in renewable energy, energy-efficient technologies, and corporate PPAs, the company is working to reduce its carbon footprint and support the transition to a low-carbon economy.

✓ Re100 member
✓ Declared Net Zero commitment