Carter's, Inc. is a leading American retailer of children's apparel, with a focus on clothing for infants and toddlers. Founded in 1865, the company has a long history of providing high-quality clothing for children, and has grown to become one of the largest and most successful retailers in the industry.
Carter's, Inc. operates in the children's apparel sector, which is a highly competitive industry with many players. The company has been able to differentiate itself from its competitors by focusing on quality, affordability, and a wide range of styles and designs for children. The company's products are sold through a variety of channels, including retail stores, online platforms, and wholesale partners.
In recent years, Carter's, Inc. has made a strong commitment to sustainability and decarbonisation. The company has set ambitious goals to reduce its carbon footprint and transition to renewable energy sources. One of the key ways that Carter's, Inc. is working towards these goals is through its corporate energy strategy.
Corporate energy is a term used to describe the way that companies manage their energy use and emissions. This can include a range of activities, such as improving energy efficiency, investing in renewable energy, and purchasing carbon offsets. For Carter's, Inc., corporate energy is a key part of its sustainability strategy, and the company has made significant investments in this area.
One of the ways that Carter's, Inc. is working towards decarbonisation is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy over a set period of time. By entering into a PPA, companies like Carter's, Inc. can support the development of new renewable energy projects and reduce their reliance on fossil fuels.
Carter's, Inc. has entered into several corporate PPAs in recent years, including agreements to purchase wind and solar energy. These agreements have allowed the company to significantly increase its use of renewable energy, and have helped to reduce its carbon footprint. In addition to these agreements, Carter's, Inc. has also invested in on-site renewable energy projects, such as solar panels on the roofs of its retail stores.
Another key part of Carter's, Inc.'s corporate energy strategy is its focus on energy efficiency. The company has implemented a range of measures to reduce its energy use, including upgrading lighting systems, improving HVAC efficiency, and implementing energy management systems. These efforts have not only helped to reduce the company's carbon footprint, but have also resulted in significant cost savings.
Overall, Carter's, Inc. is a leader in the children's apparel sector, with a strong commitment to sustainability and decarbonisation. Through its corporate energy strategy, the company is working to reduce its carbon footprint, transition to renewable energy sources, and improve energy efficiency. By taking these steps, Carter's, Inc. is not only helping to protect the environment, but is also setting an example for other companies in the industry to follow.