Potential offtaker

Stockmann Oyj Abp

www.stockmanngroup.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Stockmann Oyj Abp is a Finnish company that operates in the family clothing stores sector. The company was founded in 1862 and is headquartered in Helsinki, Finland. Stockmann is a well-known brand in Finland and has a strong presence in the Nordic countries. The company operates department stores that offer a wide range of products, including clothing, cosmetics, home furnishings, and food. The company has a strong commitment to sustainability and is actively working towards decarbonisation and the use of renewable energy sources.

Decarbonisation is a process of reducing carbon emissions to mitigate the effects of climate change. Stockmann is committed to reducing its carbon footprint and has set ambitious targets to achieve this. The company has a comprehensive sustainability strategy that includes reducing energy consumption, increasing the use of renewable energy, and reducing waste. The company has set a target to reduce its carbon emissions by 50% by 2030 compared to the 2019 baseline.

Corporate energy is the energy consumed by a company to operate its business. Stockmann is committed to reducing its energy consumption and has implemented several measures to achieve this. The company has invested in energy-efficient lighting, heating, and cooling systems in its stores. The company has also implemented an energy management system to monitor and control its energy consumption. The company has set a target to reduce its energy consumption by 10% by 2025 compared to the 2019 baseline.

Corporate PPA (Power Purchase Agreement) is a contract between a company and a renewable energy provider to purchase renewable energy. Stockmann has signed a corporate PPA with a Finnish wind power company to purchase renewable energy. The company has committed to purchasing 100% renewable electricity for its stores in Finland. The company has also installed solar panels on the roof of its flagship store in Helsinki to generate renewable energy.

Renewable energy is energy that is generated from renewable sources such as wind, solar, and hydro power. Stockmann is committed to increasing the use of renewable energy in its operations. The company has installed solar panels on the roof of its flagship store in Helsinki to generate renewable energy. The company has also signed a corporate PPA with a Finnish wind power company to purchase renewable energy. The company has set a target to increase the use of renewable energy to 50% by 2025.

In addition to its sustainability efforts, Stockmann is also committed to social responsibility. The company has a strong focus on ethical sourcing and has implemented a code of conduct for its suppliers. The company also supports several social and environmental initiatives, including the Finnish Red Cross and the Baltic Sea Action Group.

In conclusion, Stockmann Oyj Abp is a Finnish company that operates in the family clothing stores sector. The company is committed to sustainability and is actively working towards decarbonisation and the use of renewable energy sources. The company has set ambitious targets to reduce its carbon footprint and energy consumption. The company has also signed a corporate PPA to purchase renewable energy and has installed solar panels on the roof of its flagship store in Helsinki. Stockmann is a responsible corporate citizen and is committed to social responsibility and ethical sourcing.