Pearson is a leading educational publishing and assessment company based in the United Kingdom. The company operates in the School Textbook Publishers sector, providing educational materials and resources to students and teachers around the world. With a focus on innovation and sustainability, Pearson is committed to reducing its carbon footprint and promoting renewable energy solutions.
Decarbonisation is a key priority for Pearson, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2019, Pearson announced its commitment to achieve net-zero carbon emissions by 2050. This goal includes a 50% reduction in carbon emissions by 2030, compared to 2018 levels. To achieve these targets, Pearson is implementing a range of measures to reduce its energy consumption and transition to renewable energy sources.
Corporate energy management is an important aspect of Pearson's sustainability strategy. The company has implemented a range of energy-saving measures across its operations, including the installation of energy-efficient lighting and HVAC systems, the use of smart building technologies, and the implementation of energy management systems. Through these initiatives, Pearson has been able to reduce its energy consumption and associated greenhouse gas emissions.
Corporate power purchase agreements (PPAs) are another important tool in Pearson's decarbonisation strategy. PPAs allow companies to purchase renewable energy directly from generators, providing a stable and cost-effective source of renewable energy. In 2019, Pearson signed a 10-year corporate PPA with Ørsted, a leading renewable energy company. Under the agreement, Pearson will purchase 100% of the electricity generated by Ørsted's 76 MW Lockett Wind project in Texas. The PPA will provide Pearson with a reliable source of renewable energy, while also supporting the development of new renewable energy projects.
Renewable energy is a key focus for Pearson, and the company is committed to increasing its use of renewable energy sources. In addition to its corporate PPA with Ørsted, Pearson has implemented a range of renewable energy projects across its operations. These include the installation of solar panels at its offices and distribution centers, the use of geothermal energy for heating and cooling, and the purchase of renewable energy certificates (RECs) to offset its carbon emissions.
Overall, Pearson is a leading educational publishing and assessment company that is committed to sustainability and decarbonisation. Through its focus on corporate energy management, corporate PPAs, and renewable energy, Pearson is reducing its carbon footprint and promoting sustainable business practices. As the company continues to innovate and embrace new technologies, it is well-positioned to lead the way in sustainable education and business practices.