Potential offtaker

Lojas Renner

www.lojasrenner.com.br

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Which other companies from Brazil are actively involved in decarbonization initiatives?
  • MinasLigas
  • Lojas Americanas S.A.
  • Claro S.A.
  • Usiminas Siderurgicas de Minas Gerais
  • Suzano S/A
  • Itausa SA
  • Lojas Renner is a Brazilian company that operates in the family clothing stores sector. The company was founded in 1912 and has since grown to become one of the largest retailers in Brazil. With over 600 stores across the country, Lojas Renner is a household name in Brazil.

    The company has a strong commitment to sustainability and has made significant efforts to reduce its carbon footprint. Lojas Renner has set ambitious targets for decarbonisation, with a goal of reducing its greenhouse gas emissions by 20% by 2025. To achieve this goal, the company has implemented a range of initiatives aimed at reducing energy consumption and increasing the use of renewable energy.

    One of the key initiatives that Lojas Renner has undertaken is the implementation of a Corporate Energy Program. This program is designed to reduce the company's energy consumption by improving the efficiency of its stores and distribution centers. The program includes a range of measures such as the installation of energy-efficient lighting, the use of motion sensors to control lighting and air conditioning, and the implementation of energy management systems.

    In addition to the Corporate Energy Program, Lojas Renner has also implemented a Corporate Power Purchase Agreement (PPA) for renewable energy. The company has signed a long-term agreement to purchase renewable energy from a wind farm in Brazil. This PPA will provide Lojas Renner with a stable and predictable source of renewable energy, reducing the company's reliance on fossil fuels and helping to reduce its carbon footprint.

    Lojas Renner has also made significant investments in renewable energy infrastructure. The company has installed solar panels on the roofs of its stores and distribution centers, generating clean energy to power its operations. In addition, Lojas Renner has invested in the development of new renewable energy projects, including wind and solar farms, to further increase its use of renewable energy.

    Overall, Lojas Renner is a company that is committed to sustainability and is taking significant steps to reduce its carbon footprint. Through initiatives such as the Corporate Energy Program, Corporate PPA, and investment in renewable energy infrastructure, the company is demonstrating its commitment to a more sustainable future. As a leader in the family clothing stores sector in Brazil, Lojas Renner is setting an example for other companies to follow in the transition to a low-carbon economy.

    ✓ Current offtaker under Corporate PPA's
    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment
    Strategies to Achieve Decarbonization in Retail sale of clothing in specialised stores

    Which companies in the industry of Retail sale of clothing in specialised stores have made significant pledges or efforts to address global warming?
  • Inditex
  • C&A
  • J.Crew Group
  • Varner AS
  • Moncler Group
  • Hugo Boss AG