Potential offtaker

Primark Limited

www.primark.com

Estimated electricity consumption

N/A

Countries of production presence

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Primark Limited is a leading fashion retailer based in Ireland, which operates in the Clothing Accessories Stores sector. The company has a strong presence in the UK, Ireland, and other European countries, and has been expanding its operations globally. Primark is known for its affordable and trendy clothing and accessories, and has become a popular choice among fashion-conscious consumers.

In recent years, Primark has been focusing on decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has been investing in renewable energy and energy efficiency measures. Primark has recognised that climate change is a significant threat to the planet and has taken steps to mitigate its impact.

One of the key ways in which Primark is reducing its carbon footprint is through corporate energy procurement. The company has been investing in renewable energy sources such as wind and solar power to reduce its reliance on fossil fuels. Primark has also been exploring corporate power purchase agreements (PPAs), which allow the company to buy renewable energy directly from energy providers. This approach not only reduces the company's carbon footprint but also helps to stabilise energy prices and improve energy security.

Primark has also been investing in energy efficiency measures in its stores and distribution centres. The company has been implementing energy-saving technologies such as LED lighting, smart heating and cooling systems, and energy-efficient appliances. These measures not only reduce the company's carbon footprint but also help to reduce energy costs and improve the shopping experience for customers.

In addition to its energy and sustainability initiatives, Primark is committed to ethical and responsible business practices. The company has a strong focus on human rights, labour standards, and environmental sustainability. Primark has implemented a number of initiatives to ensure that its supply chain is ethical and sustainable, including the use of sustainable materials and responsible sourcing practices.

Primark has also been working to reduce waste in its operations. The company has implemented a number of initiatives to reduce packaging waste and increase recycling rates. Primark has also been exploring circular economy models, which aim to reduce waste by reusing and recycling materials.

Overall, Primark is a company that is committed to sustainability and responsible business practices. The company has recognised the importance of decarbonisation and has been investing in renewable energy and energy efficiency measures to reduce its carbon footprint. Primark's focus on ethical and responsible business practices has also helped to ensure that its operations are sustainable and socially responsible. As the company continues to grow and expand globally, it will be important for Primark to maintain its commitment to sustainability and responsible business practices.

✓ Science Based Targets member
✓ Declared Net Zero commitment