Potential offtaker

Under Armour

www.underarmour.co.uk

Estimated electricity consumption

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Countries of production presence

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Under Armour is a leading sports apparel company based in the United States of America. The company was founded in 1996 by Kevin Plank, a former football player at the University of Maryland. Under Armour is known for its innovative products that are designed to enhance the performance of athletes. The company has a strong focus on sustainability and has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation

Under Armour has made a commitment to reduce its carbon footprint and become a more sustainable company. The company has set a goal to reduce its greenhouse gas emissions by 30% by 2030. To achieve this goal, Under Armour is implementing a number of initiatives, including:

  • Energy efficiency: Under Armour is working to improve the energy efficiency of its facilities by upgrading lighting, HVAC systems, and other equipment. The company has also implemented a program to reduce energy consumption during peak demand periods.
  • Renewable energy: Under Armour is investing in renewable energy to reduce its reliance on fossil fuels. The company has installed solar panels at its distribution center in Tennessee and is exploring other opportunities to generate renewable energy.
  • Supply chain sustainability: Under Armour is working with its suppliers to reduce the environmental impact of its supply chain. The company has established a program to assess the sustainability of its suppliers and is working with them to improve their environmental performance.

Corporate Energy

Under Armour is committed to reducing its energy consumption and becoming a more efficient company. The company has implemented a number of initiatives to achieve this goal, including:

  • Energy management: Under Armour has established an energy management program to track and reduce its energy consumption. The company has implemented energy-saving measures at its facilities, such as turning off lights and equipment when not in use.
  • Energy audits: Under Armour conducts regular energy audits to identify opportunities for energy savings. The company has implemented the recommendations from these audits to reduce its energy consumption.
  • Employee engagement: Under Armour has engaged its employees in its energy management program. The company has established an employee-led energy team that is responsible for identifying and implementing energy-saving measures.

Corporate PPA

Under Armour has entered into a number of corporate power purchase agreements (PPAs) to support its renewable energy goals. A corporate PPA is an agreement between a company and a renewable energy provider to purchase a certain amount of renewable energy at a fixed price. Under Armour has entered into PPAs for wind and solar energy to reduce its reliance on fossil fuels.

Renewable Energy

Under Armour is investing in renewable energy to reduce its environmental impact and become a more sustainable company. The company has installed solar panels at its distribution center in Tennessee and is exploring other opportunities to generate renewable energy. Under Armour has also entered into corporate power purchase agreements (PPAs) for wind and solar energy to support its renewable energy goals.

In conclusion, Under Armour is a leading sports apparel company that is committed to sustainability and reducing its environmental impact. The company has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy. Under Armour's commitment to sustainability is not only good for the environment but also for the company's bottom line, as it reduces energy costs and enhances its reputation with customers who are increasingly concerned about sustainability.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment