Potential offtaker

Neiman Marcus Group

www.neimanmarcusgroup.com

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Neiman Marcus Group is a luxury department store chain based in the United States of America. The company operates 43 stores across the country, as well as two Bergdorf Goodman stores in New York City. Founded in 1907, Neiman Marcus has become synonymous with high-end fashion and luxury goods, offering a wide range of products from clothing and accessories to home decor and beauty products.

As a company operating in the retail sector, Neiman Marcus Group has recognized the importance of decarbonisation and the need to reduce its carbon footprint. The company has implemented several initiatives to reduce its environmental impact, including the use of renewable energy sources and the adoption of corporate power purchase agreements (PPAs).

One of the key ways in which Neiman Marcus Group has reduced its carbon footprint is through the use of renewable energy sources. The company has invested in solar panels and wind turbines to generate clean energy for its stores and warehouses. In addition, Neiman Marcus Group has also implemented energy-efficient lighting and HVAC systems to further reduce its energy consumption.

Another way in which Neiman Marcus Group has reduced its environmental impact is through the adoption of corporate PPAs. These agreements allow the company to purchase renewable energy directly from a third-party supplier, rather than relying on traditional energy sources. By doing so, Neiman Marcus Group is able to reduce its carbon footprint and support the growth of the renewable energy sector.

In addition to these initiatives, Neiman Marcus Group has also implemented a corporate energy management program to monitor and reduce its energy consumption. The program includes regular energy audits and the implementation of energy-saving measures, such as the installation of motion sensors and the use of energy-efficient equipment.

Overall, Neiman Marcus Group has demonstrated a strong commitment to decarbonisation and reducing its environmental impact. Through the use of renewable energy sources, corporate PPAs, and energy management programs, the company has taken significant steps towards a more sustainable future. As a leader in the luxury retail sector, Neiman Marcus Group has set an example for other companies to follow in the transition towards a low-carbon economy.