Potential offtaker

Verescence

www.verescence.com

Estimated electricity consumption

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Countries of production presence

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Verescence is a French company that operates in the Glass Containers sector. The company is a global leader in the production of glass containers for the cosmetics and perfumery industry. Verescence is committed to decarbonisation and has taken significant steps to reduce its carbon footprint. The company has implemented various measures to reduce its energy consumption and has also invested in renewable energy sources.

Corporate Energy

Verescence has a strong commitment to corporate energy management. The company has implemented various measures to reduce its energy consumption and improve energy efficiency. Verescence has a dedicated team of energy experts who work to identify and implement energy-saving measures across the company's operations. The team works closely with the production teams to identify areas where energy consumption can be reduced and implement measures to achieve this.

One of the key initiatives implemented by Verescence is the installation of energy-efficient lighting systems. The company has replaced traditional lighting systems with LED lights, which consume significantly less energy. This has resulted in a significant reduction in energy consumption and has also improved the working environment for employees.

Corporate PPA

Verescence has also invested in a corporate power purchase agreement (PPA) to support its renewable energy goals. The company has signed a long-term agreement with a renewable energy provider to purchase a significant portion of its energy from renewable sources. This has enabled Verescence to reduce its carbon footprint and support the growth of renewable energy.

The corporate PPA has also provided Verescence with price stability and reduced its exposure to energy price fluctuations. This has enabled the company to better manage its energy costs and improve its financial performance.

Renewable Energy

Verescence is committed to using renewable energy sources to power its operations. The company has invested in various renewable energy projects, including wind and solar power. Verescence has also installed solar panels on the roofs of its production facilities, which generate a significant portion of the company's energy needs.

The company's commitment to renewable energy has also led to the development of innovative products. Verescence has developed a range of glass containers made from recycled glass, which reduces the need for new raw materials and supports the circular economy.

Decarbonisation

Verescence is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint. The company has implemented various measures to reduce its energy consumption and improve energy efficiency, which has resulted in a significant reduction in its carbon emissions.

Verescence has also invested in renewable energy sources and has signed a corporate PPA to support its renewable energy goals. The company is committed to using renewable energy sources to power its operations and has developed innovative products that support the circular economy.

Conclusion

Verescence is a French company that operates in the Glass Containers sector. The company is committed to decarbonisation and has taken significant steps to reduce its carbon footprint. Verescence has implemented various measures to reduce its energy consumption and improve energy efficiency, and has also invested in renewable energy sources.

The company has signed a corporate PPA to support its renewable energy goals and has developed innovative products that support the circular economy. Verescence's commitment to corporate energy management and renewable energy has enabled the company to reduce its carbon footprint, improve its financial performance, and support the growth of renewable energy.