Potential offtaker

Schwarz Gruppe (Kaufland Stiftung, Lidl Stiftung, PreZero Stiftung, Schwarz Produktion)

Estimated electricity consumption

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Countries of production presence

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Schwarz Gruppe is a German company that operates in the Investment Holding Companies sector. The company is the parent company of Kaufland Stiftung, Lidl Stiftung, PreZero Stiftung, and Schwarz Produktion. These companies are involved in various industries, including retail, waste management, and renewable energy.

The company has been actively working towards decarbonisation and reducing its carbon footprint. Schwarz Gruppe has set a target to reduce its greenhouse gas emissions by 30% by 2025 compared to the 2016 baseline. The company has also committed to sourcing 100% of its electricity from renewable sources by 2025.

To achieve these targets, Schwarz Gruppe has implemented various measures, including investing in renewable energy projects, implementing energy-efficient technologies, and using corporate power purchase agreements (PPAs). The company has also been working closely with its suppliers to reduce their carbon footprint and promote sustainable practices.

One of Schwarz Gruppe's subsidiaries, PreZero Stiftung, is involved in waste management and recycling. The company operates waste management facilities across Europe and has been investing in renewable energy projects. PreZero Stiftung has also been working with its suppliers to reduce waste and promote recycling.

Schwarz Produktion, another subsidiary of Schwarz Gruppe, is involved in the production of renewable energy. The company operates wind and solar power plants across Europe and has been investing in new renewable energy projects. Schwarz Produktion has also been working with other companies to promote the use of renewable energy and reduce their carbon footprint.

Schwarz Gruppe has also been using corporate PPAs to source renewable energy. Corporate PPAs are agreements between a company and a renewable energy supplier to purchase renewable energy at a fixed price for a set period. These agreements provide a stable source of renewable energy and can help companies reduce their carbon footprint.

In 2020, Schwarz Gruppe signed a corporate PPA with a wind farm in Poland. The agreement will provide Schwarz Gruppe with 50 MW of renewable energy, which is equivalent to the energy consumption of 30,000 households. The PPA will also help Schwarz Gruppe reduce its carbon footprint by 60,000 tons of CO2 per year.

Schwarz Gruppe has also been implementing energy-efficient technologies in its operations. The company has been using LED lighting, energy-efficient refrigeration systems, and other technologies to reduce its energy consumption. These measures have helped the company reduce its carbon footprint and save on energy costs.

In addition to these measures, Schwarz Gruppe has been working closely with its suppliers to promote sustainable practices. The company has been encouraging its suppliers to reduce their carbon footprint, promote sustainable agriculture, and reduce waste. Schwarz Gruppe has also been working with its suppliers to promote the use of renewable energy and reduce their dependence on fossil fuels.

Overall, Schwarz Gruppe is a company that is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and source 100% of its electricity from renewable sources. Schwarz Gruppe has been implementing various measures, including investing in renewable energy projects, using corporate PPAs, and implementing energy-efficient technologies. The company has also been working closely with its suppliers to promote sustainable practices and reduce their carbon footprint.