Potential offtaker

Tarkett

www.tarkett.com

Estimated electricity consumption

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Countries of production presence

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Tarkett is a leading French flooring company that has been in operation for over 140 years. The company has a global presence with operations in over 100 countries, and it is committed to providing innovative and sustainable flooring solutions to its customers. Tarkett's products range from vinyl, linoleum, laminate, wood, carpet, and sports flooring, among others.

In recent years, Tarkett has been at the forefront of decarbonisation efforts in the flooring industry. The company has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources. Tarkett has committed to reducing its greenhouse gas emissions by 50% by 2030 and achieving net-zero emissions by 2050. To achieve these targets, Tarkett has implemented a range of measures, including energy efficiency improvements, the use of renewable energy, and the adoption of circular economy principles.

One of Tarkett's key initiatives to decarbonise its operations is the use of corporate power purchase agreements (PPAs). PPAs are long-term contracts that allow companies to purchase renewable energy directly from a generator. By entering into a PPA, Tarkett can secure a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects. In 2020, Tarkett signed a PPA with a wind farm in Spain, which will provide the company with 50% of its electricity needs in France.

Tarkett is also investing in renewable energy projects to generate its own clean energy. In 2020, the company inaugurated a solar power plant at its manufacturing site in Waalwijk, the Netherlands. The plant has a capacity of 3.3 MW and is expected to generate around 2.8 GWh of electricity per year, which is equivalent to the energy consumption of around 800 households. Tarkett has also installed solar panels on the roofs of its manufacturing sites in France, which will generate around 2.5 GWh of electricity per year.

In addition to its renewable energy initiatives, Tarkett is also focused on improving its energy efficiency. The company has implemented a range of measures to reduce its energy consumption, including the installation of energy-efficient lighting and HVAC systems, the optimisation of production processes, and the use of recycled materials. Tarkett has also implemented a program to monitor and manage its energy consumption, which has resulted in significant energy savings.

Tarkett's commitment to sustainability extends beyond its operations to its products. The company has developed a range of sustainable flooring solutions, including products made from recycled materials, products that can be recycled at the end of their life, and products that are designed to improve indoor air quality. Tarkett's products are also certified by a range of sustainability standards, including Cradle to Cradle, Global GreenTag, and the European Ecolabel.

Tarkett's sustainability efforts have been recognised by a range of organisations. In 2020, the company was included in the Dow Jones Sustainability Index for the eighth consecutive year. Tarkett was also awarded the Gold rating by EcoVadis, a sustainability rating agency, for its environmental and social performance.

In conclusion, Tarkett is a leading French flooring company that is committed to decarbonisation and sustainability. The company has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources, and it has implemented a range of measures to achieve these targets. Tarkett's initiatives include the use of corporate PPAs, the development of renewable energy projects, and the improvement of energy efficiency. The company's commitment to sustainability extends beyond its operations to its products, which are designed to be sustainable and certified by a range of sustainability standards. Tarkett's sustainability efforts have been recognised by a range of organisations, and the company is well-positioned to continue leading the way in sustainable flooring solutions.

✓ Science Based Targets member
✓ Declared Net Zero commitment