Potential offtaker

Klövern AB

www.klovern.se

Estimated electricity consumption

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Countries of production presence

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Klövern AB is a Swedish real estate company that operates in the multi-asset class own and develop sector. The company has a strong focus on sustainability, and is committed to reducing its carbon footprint through various initiatives. Klövern AB is also actively involved in the corporate energy sector, and has implemented a number of measures to reduce its energy consumption and promote the use of renewable energy sources.

Decarbonisation is a key focus area for Klövern AB, and the company has set ambitious targets to reduce its carbon emissions. In 2019, the company announced that it would aim to reduce its carbon emissions by 50% by 2025, compared to its 2015 baseline. This target is in line with the Paris Agreement, which aims to limit global warming to below 2°C above pre-industrial levels.

To achieve its decarbonisation goals, Klövern AB has implemented a range of measures across its portfolio of properties. These include energy efficiency upgrades, such as the installation of LED lighting and smart building systems, as well as the use of renewable energy sources. The company has also invested in green bonds, which are used to finance renewable energy and energy efficiency projects.

In addition to its decarbonisation efforts, Klövern AB is also actively involved in the corporate energy sector. The company has implemented a number of measures to reduce its energy consumption, including the use of energy-efficient building materials and the installation of solar panels on its properties. Klövern AB has also entered into corporate power purchase agreements (PPAs) with renewable energy providers, which enable the company to purchase renewable energy directly from the source.

Corporate PPAs are an important tool for promoting the use of renewable energy, as they provide a stable, long-term revenue stream for renewable energy providers. By entering into these agreements, Klövern AB is able to support the development of new renewable energy projects, while also reducing its carbon footprint.

Klövern AB has also implemented a range of other measures to promote sustainability across its operations. These include the use of environmentally friendly cleaning products, the recycling of waste materials, and the promotion of sustainable transportation options for employees. The company has also developed a sustainability report, which provides detailed information on its sustainability performance and goals.

Overall, Klövern AB is a leading player in the multi-asset class own and develop sector, with a strong focus on sustainability and decarbonisation. The company's commitment to reducing its carbon footprint through energy efficiency upgrades, the use of renewable energy sources, and corporate PPAs, is helping to drive the transition to a low-carbon economy.