Potential offtaker

Derwent London

www.derwentlondon.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Derwent London is a leading real estate investment trust (REIT) operating in the United Kingdom's multi-asset class sector. The company specializes in acquiring, developing, and managing commercial and residential properties in central London. Derwent London has a portfolio of 5.6 million square feet of properties, which are primarily located in the West End and the City of London.

Derwent London is committed to decarbonisation and reducing its carbon footprint. The company has set a target to achieve net-zero carbon emissions by 2030. To achieve this target, the company is implementing various initiatives to reduce its energy consumption and increase the use of renewable energy sources. One of the key initiatives is the installation of energy-efficient systems in its properties, such as LED lighting and smart building management systems. The company is also investing in renewable energy sources, such as solar panels and wind turbines, to generate clean energy.

Corporate energy is a key focus area for Derwent London. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources across its portfolio. To achieve this, the company has implemented various energy-saving measures, such as installing energy-efficient lighting and HVAC systems, and using smart building management systems to optimize energy usage. The company is also exploring the use of corporate power purchase agreements (PPAs) to source renewable energy directly from suppliers.

Corporate PPAs are a key part of Derwent London's strategy to increase the use of renewable energy sources. The company is exploring the use of long-term contracts to purchase renewable energy directly from suppliers. This approach will enable the company to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Renewable energy is a key focus area for Derwent London. The company is committed to increasing the use of renewable energy sources across its portfolio, and has set a target to generate 100% of its electricity from renewable sources by 2030. To achieve this target, the company is investing in renewable energy sources, such as solar panels and wind turbines, to generate clean energy. The company is also exploring the use of energy storage systems to store excess energy generated by renewable sources.

In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, Derwent London is also committed to sustainability and social responsibility. The company is a member of the United Nations Global Compact, and has committed to upholding the ten principles of the compact, which include human rights, labor standards, environmental sustainability, and anti-corruption. The company is also committed to supporting the local communities in which it operates, and has implemented various initiatives to promote social and environmental sustainability.

In conclusion, Derwent London is a leading real estate investment trust operating in the United Kingdom's multi-asset class sector. The company is committed to decarbonisation and reducing its carbon footprint, and has set a target to achieve net-zero carbon emissions by 2030. The company is also focused on corporate energy, corporate PPAs, and renewable energy, and is investing in energy-efficient systems and renewable energy sources to achieve its targets. Derwent London is also committed to sustainability and social responsibility, and has implemented various initiatives to promote social and environmental sustainability.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment