Potential offtaker

Summerset Group Holdings Ltd.

www.summerset.co.nz

Estimated electricity consumption

N/A

Countries of production presence

N/A

Summerset Group Holdings Ltd is a New Zealand-based company that operates in the nursing and residential care sector. The company was founded in 1994 and has since grown to become one of the leading providers of aged care services in the country. Summerset Group Holdings Ltd has a strong focus on providing high-quality care to its residents, and it is committed to sustainability and decarbonisation.

Decarbonisation is a key focus for Summerset Group Holdings Ltd. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this. One of the ways the company is working towards decarbonisation is by investing in renewable energy. Summerset Group Holdings Ltd has installed solar panels on the roofs of its facilities, which generate clean energy and reduce the company's reliance on fossil fuels.

In addition to investing in renewable energy, Summerset Group Holdings Ltd is also implementing energy-efficient measures across its facilities. The company has installed LED lighting, which uses less energy than traditional lighting, and it has also implemented energy management systems to monitor and control energy usage. By reducing its energy consumption, Summerset Group Holdings Ltd is not only reducing its carbon footprint but also saving money on energy costs.

Corporate energy is another area of focus for Summerset Group Holdings Ltd. The company is committed to sourcing its energy from renewable sources and has entered into corporate power purchase agreements (PPAs) to achieve this. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a fixed amount of renewable energy over a set period. By entering into these agreements, Summerset Group Holdings Ltd is supporting the development of renewable energy projects and reducing its reliance on fossil fuels.

Renewable energy is a key part of Summerset Group Holdings Ltd's sustainability strategy. The company is committed to sourcing 100% of its energy from renewable sources by 2025, and it is well on its way to achieving this goal. In addition to investing in renewable energy and entering into corporate PPAs, Summerset Group Holdings Ltd is also exploring other renewable energy options, such as wind and geothermal energy.

Summerset Group Holdings Ltd's commitment to sustainability and decarbonisation is not only good for the environment but also good for business. By reducing its energy consumption and sourcing its energy from renewable sources, the company is reducing its operating costs and improving its bottom line. In addition, the company's focus on sustainability is attractive to investors and customers who are increasingly looking for companies that are committed to environmental and social responsibility.

In conclusion, Summerset Group Holdings Ltd is a New Zealand-based company that operates in the nursing and residential care sector. The company is committed to sustainability and decarbonisation and has set ambitious targets to achieve these goals. By investing in renewable energy, implementing energy-efficient measures, and entering into corporate PPAs, Summerset Group Holdings Ltd is reducing its carbon footprint and improving its bottom line. The company's focus on sustainability is not only good for the environment but also attractive to investors and customers who are looking for companies that are committed to environmental and social responsibility.

✓ Declared Net Zero commitment