Potential offtaker

Brandix Lanka Limited

www.brandix.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Brandix Lanka Limited is a leading apparel design and manufacturing company based in Sri Lanka. Established in 1972, the company has grown to become one of the largest apparel exporters in the country, with a workforce of over 50,000 employees across 42 manufacturing facilities.

In recent years, Brandix Lanka Limited has been focusing on decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2030, in line with the Paris Agreement on climate change. To achieve this goal, Brandix has been implementing a range of measures to improve energy efficiency and shift towards renewable energy sources.

One of the key initiatives undertaken by Brandix is the implementation of a corporate energy strategy. This involves a comprehensive review of the company's energy consumption and identifying opportunities to reduce energy usage and costs. The strategy includes measures such as the installation of energy-efficient lighting, HVAC systems, and machinery, as well as the implementation of energy management systems to monitor and control energy usage.

Another important aspect of Brandix's decarbonisation efforts is the adoption of corporate power purchase agreements (PPAs) for renewable energy. PPAs allow companies to purchase renewable energy directly from a generator, usually at a fixed price over a long-term contract. This provides a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

In 2019, Brandix signed a 10-year PPA with a local renewable energy company to purchase 10 MW of solar power. This is expected to provide around 16% of the company's total electricity consumption, and reduce its carbon footprint by over 10,000 tonnes of CO2 per year. The PPA also supports the development of a new solar power plant, which will provide clean energy to the national grid.

Brandix has also been investing in its own renewable energy projects, including the installation of solar panels on the roofs of its manufacturing facilities. This has helped to reduce the company's reliance on grid electricity and provide a more sustainable source of energy. In addition, Brandix has been exploring the potential of other renewable energy sources, such as wind and biomass, to further diversify its energy mix.

Overall, Brandix Lanka Limited is committed to reducing its carbon footprint and transitioning towards a more sustainable and low-carbon future. Through its corporate energy strategy, adoption of corporate PPAs, and investment in renewable energy projects, the company is taking concrete steps to achieve its decarbonisation goals and contribute to the fight against climate change.