Potential offtaker

Kainos Group plc

www.kainos.com

Estimated electricity consumption

N/A

Countries of production presence

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Kainos Group plc is a UK-based IT services company that operates in the commercial sector. The company was founded in 1986 and has since grown to become a leading provider of digital transformation services, software solutions, and consulting services to clients across a range of industries.

Kainos Group plc is committed to sustainability and decarbonisation, and has made significant efforts to reduce its carbon footprint and promote the use of renewable energy. The company has implemented a range of initiatives to reduce its energy consumption and promote energy efficiency, including the use of energy-efficient lighting and HVAC systems, the installation of solar panels on its buildings, and the implementation of energy management systems to monitor and control energy usage.

In addition to these measures, Kainos Group plc has also implemented a corporate energy strategy that includes the use of corporate power purchase agreements (PPAs) to support the development of renewable energy projects. These agreements enable the company to purchase renewable energy directly from generators, providing a reliable and cost-effective source of clean energy that supports the transition to a low-carbon economy.

Kainos Group plc has also made significant investments in renewable energy projects, including the development of wind and solar farms. These projects not only provide a source of clean energy, but also support the local economy and create jobs in the renewable energy sector.

One of the key benefits of Kainos Group plc's corporate energy strategy is that it enables the company to take control of its energy costs and reduce its exposure to volatile energy markets. By purchasing renewable energy through PPAs, the company is able to secure long-term contracts at a fixed price, providing greater certainty and stability in its energy costs.

Kainos Group plc's commitment to sustainability and decarbonisation is also reflected in its wider corporate strategy. The company has set ambitious targets to reduce its carbon footprint and promote sustainable practices across its operations, including a commitment to achieve net-zero carbon emissions by 2030.

To achieve these targets, Kainos Group plc has implemented a range of initiatives to reduce its energy consumption, promote energy efficiency, and increase the use of renewable energy. These include the use of electric vehicles, the implementation of sustainable procurement practices, and the promotion of sustainable practices among its employees and suppliers.

Overall, Kainos Group plc is a leading IT services company that is committed to sustainability and decarbonisation. The company's corporate energy strategy, which includes the use of corporate PPAs and investments in renewable energy projects, is a key part of its wider commitment to reduce its carbon footprint and promote sustainable practices across its operations. By taking a proactive approach to sustainability, Kainos Group plc is not only reducing its environmental impact, but also creating value for its stakeholders and supporting the transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment