Potential offtaker

Sofidel

www.sofidel.com

Estimated electricity consumption

N/A

Countries of production presence

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Sofidel is a leading global manufacturer of paper products, with a strong focus on sustainability and environmental responsibility. Founded in 1966 in Porcari, Italy, the company has grown to become one of the largest producers of tissue paper in Europe, with operations in 13 countries and a workforce of over 6,000 employees.

Sofidel's core business is the production of sanitary paper products, including toilet paper, tissues, napkins, and paper towels. The company's products are sold under a variety of well-known brands, including Regina, Softis, and Le Trèfle, and are used by millions of people around the world every day.

One of Sofidel's key priorities is decarbonisation, or reducing its carbon footprint and overall impact on the environment. To achieve this goal, the company has implemented a variety of initiatives and programs aimed at reducing energy consumption, increasing efficiency, and promoting the use of renewable energy sources.

One of the most significant steps Sofidel has taken in this regard is the implementation of a corporate energy strategy, which includes the use of corporate power purchase agreements (PPAs) to source renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for electricity generated from renewable sources.

Sofidel has signed several corporate PPAs in recent years, including agreements to purchase wind and solar power from renewable energy providers in Italy and Spain. These agreements have allowed the company to significantly increase its use of renewable energy, reducing its reliance on fossil fuels and helping to decarbonize its operations.

In addition to its use of renewable energy sources, Sofidel has also implemented a range of energy efficiency measures across its operations. These include the installation of energy-efficient lighting and HVAC systems, the use of advanced process control technologies to optimize production processes, and the implementation of employee training programs to promote energy conservation and sustainability.

Sofidel's commitment to sustainability and decarbonisation is reflected in its overall corporate strategy, which includes a focus on reducing waste, promoting recycling, and minimizing the environmental impact of its products and operations. The company has set ambitious targets for reducing its greenhouse gas emissions and increasing its use of renewable energy, and is constantly exploring new ways to improve its sustainability performance.

Overall, Sofidel is a leader in the sanitary paper products sector, with a strong focus on sustainability and environmental responsibility. Through its commitment to decarbonisation, corporate energy, corporate PPAs, and renewable energy, the company is setting an example for others in the industry and demonstrating that it is possible to operate a successful business while also protecting the planet.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member