Potential offtaker

MATAS A/S

www.matas.dk

Estimated electricity consumption

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Countries of production presence

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MATAS A/S is a Danish company that operates in the Cosmetics & Beauty Stores sector. The company was founded in 1949 and has since then been one of the leading retailers of beauty and personal care products in Denmark. MATAS A/S has a strong focus on sustainability and has taken several steps towards decarbonisation and the use of renewable energy sources.

The company has set a target to reduce its carbon footprint by 50% by 2030, and to achieve this, it has implemented several measures to reduce its energy consumption and increase the use of renewable energy. One of the key initiatives taken by MATAS A/S is the installation of solar panels on the roofs of its stores. The company has installed solar panels on 20 of its stores, which generate around 1.4 GWh of electricity annually. This has helped the company to reduce its carbon emissions by around 700 tonnes per year.

In addition to the installation of solar panels, MATAS A/S has also implemented a corporate energy management system to monitor and manage its energy consumption. The system helps the company to identify areas where energy consumption can be reduced and to implement measures to achieve this. The company has also replaced its lighting systems with energy-efficient LED lighting, which has helped to reduce its energy consumption and carbon emissions.

MATAS A/S has also signed a Corporate Power Purchase Agreement (PPA) with a wind farm in Denmark. The PPA ensures that the company receives a fixed supply of renewable energy from the wind farm, which helps to reduce its carbon footprint. The wind farm generates around 100 GWh of electricity annually, which is equivalent to the electricity consumption of around 25,000 households.

The company has also taken several steps to reduce its waste and increase its recycling rates. MATAS A/S has implemented a waste management system that separates waste into different categories, such as paper, plastic, and organic waste. The company has also implemented a recycling program for its products, which encourages customers to return empty product containers to the store for recycling.

MATAS A/S has also taken steps to reduce its water consumption. The company has installed water-saving devices in its stores, such as low-flow faucets and toilets, which have helped to reduce its water consumption. The company has also implemented a water management system to monitor and manage its water consumption.

In addition to its sustainability initiatives, MATAS A/S is also committed to ethical and responsible business practices. The company has a Code of Conduct that sets out its commitment to ethical business practices, such as respecting human rights and promoting diversity and inclusion. The company also has a Supplier Code of Conduct that sets out its expectations for ethical and responsible practices from its suppliers.

In conclusion, MATAS A/S is a Danish company that operates in the Cosmetics & Beauty Stores sector. The company has a strong focus on sustainability and has taken several steps towards decarbonisation and the use of renewable energy sources. The company has set a target to reduce its carbon footprint by 50% by 2030 and has implemented several measures to achieve this, such as the installation of solar panels, the implementation of a corporate energy management system, and the signing of a Corporate Power Purchase Agreement. The company is also committed to ethical and responsible business practices and has a Code of Conduct and a Supplier Code of Conduct that set out its expectations for ethical and responsible practices.

✓ Declared Net Zero commitment