Potential offtaker

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Henkel is a multinational company based in Germany that operates in the Home Cleaning & Detergents sector. The company was founded in 1876 and has since grown to become a leading manufacturer of consumer and industrial products. Henkel is committed to sustainability and is actively working towards decarbonisation through its corporate energy strategy, corporate power purchase agreements (PPAs), and investment in renewable energy.

Decarbonisation is a key focus for Henkel, and the company has set ambitious targets to reduce its carbon footprint. In 2010, Henkel launched its Sustainability Strategy 2030, which includes a goal to reduce the company's carbon footprint by 65% by 2020. Henkel has already made significant progress towards this target, with a 43% reduction in carbon emissions since 2010. The company is now working towards a new target to become climate-positive by 2040, meaning that it will remove more carbon from the atmosphere than it emits.

One of the ways that Henkel is working towards decarbonisation is through its corporate energy strategy. The company is committed to using energy more efficiently and reducing its reliance on fossil fuels. Henkel has implemented a range of energy-saving measures across its operations, including the use of energy-efficient lighting and heating systems, the installation of renewable energy systems, and the optimization of production processes to reduce energy consumption.

In addition to its energy-saving measures, Henkel is also investing in renewable energy. The company has set a target to source 100% of its electricity from renewable sources by 2030, and it is well on its way to achieving this goal. Henkel has already signed several corporate power purchase agreements (PPAs) with renewable energy providers, which allow the company to purchase renewable energy directly from the source. These PPAs help to support the development of new renewable energy projects and reduce the company's reliance on fossil fuels.

Henkel has also made significant investments in renewable energy infrastructure. The company has installed solar panels at several of its production sites, including a 5 MW solar array at its laundry detergent factory in Racibórz, Poland. This solar array generates enough electricity to power the equivalent of 1,500 households and reduces the company's carbon emissions by 2,500 tonnes per year.

Overall, Henkel's commitment to sustainability and decarbonisation is evident in its corporate energy strategy, corporate PPAs, and investment in renewable energy. The company is taking a proactive approach to reducing its carbon footprint and is well on its way to achieving its ambitious sustainability targets. As a leading manufacturer of consumer and industrial products, Henkel's commitment to sustainability is an example for other companies to follow.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member
✓ Declared Net Zero commitment