Potential offtaker

Storytel AB (publ)

www.massolit.se

Estimated electricity consumption

N/A

Countries of production presence

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Storytel AB (publ) is a Swedish company that operates in the book publishers sector. The company was founded in 2005 and has since grown to become one of the leading providers of audiobooks and e-books in the Nordic region. Storytel's mission is to make books accessible to everyone, regardless of their location or reading preferences. The company has a strong focus on sustainability and has taken several steps to reduce its carbon footprint.

Decarbonisation is a key focus for Storytel. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented several measures to achieve these targets. Storytel has invested in renewable energy sources such as solar and wind power to reduce its reliance on fossil fuels. The company has also implemented energy-efficient technologies and practices to reduce its energy consumption.

Corporate energy is another area of focus for Storytel. The company has implemented several initiatives to reduce its energy consumption and improve energy efficiency. Storytel has invested in energy-efficient lighting and HVAC systems, as well as smart building technologies to optimize energy usage. The company has also implemented a comprehensive energy management system to monitor and track its energy consumption and identify areas for improvement.

Corporate Power Purchase Agreements (PPAs) are another way that Storytel is working to reduce its carbon footprint. PPAs allow companies to purchase renewable energy directly from energy producers, reducing their reliance on fossil fuels. Storytel has signed several PPAs with renewable energy producers to ensure that a significant portion of its energy consumption comes from renewable sources.

Renewable energy is a key focus for Storytel. The company has set a target to source 100% of its energy from renewable sources by 2025. To achieve this target, Storytel has invested in renewable energy sources such as solar and wind power. The company has also signed several PPAs with renewable energy producers to ensure a steady supply of renewable energy.

In addition to its focus on sustainability, Storytel is also committed to providing high-quality content to its customers. The company offers a wide range of audiobooks and e-books in multiple languages and genres. Storytel's platform is user-friendly and accessible, making it easy for customers to find and enjoy their favorite books.

Storytel's commitment to sustainability and high-quality content has helped the company to grow and expand in the Nordic region and beyond. The company has a strong presence in Sweden, Norway, Denmark, Finland, and the Netherlands, and is continuing to expand into new markets. Storytel's focus on sustainability and renewable energy has also helped to attract environmentally conscious customers who are looking for companies that share their values.

In conclusion, Storytel AB (publ) is a Swedish company that operates in the book publishers sector. The company has a strong focus on sustainability and has taken several steps to reduce its carbon footprint. Storytel has invested in renewable energy sources, implemented energy-efficient technologies and practices, signed PPAs with renewable energy producers, and set a target to source 100% of its energy from renewable sources by 2025. The company is also committed to providing high-quality content to its customers and has a strong presence in the Nordic region and beyond.

✓ Science Based Targets member
✓ Declared Net Zero commitment