Potential offtaker

Vivendi SE

www.vivendi.com

Estimated electricity consumption

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Countries of production presence

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Vivendi SE is a French multinational media conglomerate that operates in the Cable Networks sector. The company was founded in 1853 and has since grown to become one of the largest media companies in the world. Vivendi SE operates in several different industries, including music, television, film, and telecommunications.

As a global media company, Vivendi SE is committed to decarbonisation and reducing its carbon footprint. The company recognises the importance of addressing climate change and is taking steps to reduce its impact on the environment. Vivendi SE has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2015 baseline.

One of the ways Vivendi SE is working towards decarbonisation is through its corporate energy strategy. The company is actively investing in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels. Vivendi SE is also exploring the use of new technologies, such as energy storage, to help manage its energy consumption more efficiently.

In addition to investing in renewable energy, Vivendi SE is also exploring the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy supplier, which guarantees a fixed price for the energy produced. By entering into a PPA, Vivendi SE can secure a reliable source of renewable energy and reduce its exposure to volatile energy prices.

Vivendi SE has already signed several corporate PPAs with renewable energy suppliers. In 2019, the company signed a 15-year PPA with a wind farm in Spain, which will provide 10% of the company's electricity needs in France. Vivendi SE has also signed a PPA with a solar power plant in Morocco, which will provide 20% of the company's electricity needs in the country.

Vivendi SE is committed to reducing its carbon footprint and is taking a proactive approach to corporate energy and renewable energy. The company's investments in renewable energy and corporate PPAs are helping to drive the transition to a more sustainable energy future.

In addition to its corporate energy strategy, Vivendi SE is also committed to reducing its environmental impact in other areas of its business. The company has implemented several initiatives to reduce waste and improve resource efficiency. For example, Vivendi SE has implemented a paperless office policy and encourages employees to use digital tools to reduce paper consumption. The company has also implemented a recycling program and is working to reduce its water consumption.

Vivendi SE is committed to sustainability and is taking a proactive approach to reducing its environmental impact. The company's investments in renewable energy and corporate PPAs are helping to drive the transition to a more sustainable energy future. Vivendi SE is also implementing initiatives to reduce waste and improve resource efficiency, demonstrating its commitment to environmental stewardship.

In conclusion, Vivendi SE is a global media conglomerate that operates in the Cable Networks sector. The company is committed to decarbonisation and reducing its carbon footprint. Vivendi SE is investing in renewable energy sources and exploring the use of corporate PPAs to secure a reliable source of renewable energy. The company is also implementing initiatives to reduce waste and improve resource efficiency, demonstrating its commitment to environmental stewardship. Vivendi SE is a leader in sustainable business practices and is helping to drive the transition to a more sustainable energy future.

✓ Science Based Targets member
✓ Declared Net Zero commitment