Potential offtaker

Wates Group Limited

www.wates.co.uk

Estimated electricity consumption

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Countries of production presence

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Wates Group Limited is a leading property management company based in the United Kingdom. The company has been in operation for over 120 years and has a reputation for delivering high-quality services to its clients. Wates Group Limited operates in the property management sector, providing a range of services including construction, refurbishment, and maintenance of buildings. The company is committed to sustainability and has been taking steps to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus for Wates Group Limited. The company recognizes the importance of reducing carbon emissions and has set ambitious targets to achieve this. Wates Group Limited has committed to achieving net-zero carbon emissions by 2025, which is five years ahead of the UK government's target. To achieve this, the company is implementing a range of measures including reducing energy consumption, increasing the use of renewable energy, and promoting sustainable practices.

Corporate energy is another area of focus for Wates Group Limited. The company is committed to reducing its energy consumption and has implemented a range of measures to achieve this. These include installing energy-efficient lighting and heating systems, using smart building technologies to monitor and control energy use, and promoting energy-saving behaviors among employees. Wates Group Limited has also invested in renewable energy sources such as solar panels and wind turbines to generate clean energy for its buildings.

Corporate PPA (Power Purchase Agreement) is another way that Wates Group Limited is promoting renewable energy. A PPA is a contract between a renewable energy generator and a corporate buyer, where the buyer agrees to purchase a certain amount of renewable energy from the generator over a set period of time. Wates Group Limited has signed several PPAs with renewable energy generators to purchase clean energy for its buildings. This not only helps to reduce the company's carbon footprint but also supports the growth of the renewable energy industry.

Renewable energy is a key part of Wates Group Limited's sustainability strategy. The company has invested in a range of renewable energy sources including solar panels, wind turbines, and biomass boilers. Wates Group Limited has also implemented energy storage systems to store excess energy generated by its renewable sources. This allows the company to use clean energy even when the sun isn't shining or the wind isn't blowing. The use of renewable energy not only helps to reduce the company's carbon footprint but also saves money on energy bills in the long run.

In addition to its sustainability efforts, Wates Group Limited is also committed to social responsibility. The company has a range of initiatives to support local communities and promote diversity and inclusion. Wates Group Limited has a community investment program that supports local charities and community projects. The company also has a diversity and inclusion strategy that promotes equal opportunities for all employees regardless of their background.

Overall, Wates Group Limited is a leading property management company that is committed to sustainability and social responsibility. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is helping to reduce its carbon footprint and promote clean energy. Wates Group Limited's investment in renewable energy sources not only helps to reduce its carbon footprint but also saves money on energy bills in the long run. The company's commitment to social responsibility also sets it apart from its competitors and demonstrates its dedication to making a positive impact on society.