Potential offtaker

The Economist Group


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The Economist Group is a British media company that operates in the newspaper publishers sector. The company was founded in 1843 and is headquartered in London, UK. The Economist Group is known for its flagship publication, The Economist, which is a weekly news and current affairs magazine that covers global politics, business, finance, science, and technology.

In recent years, The Economist Group has been actively involved in decarbonisation efforts and has made significant strides in reducing its carbon footprint. The company has set a target to become carbon neutral by 2030 and is working towards achieving this goal through a range of initiatives.

One of the key areas of focus for The Economist Group is corporate energy. The company has implemented a number of energy efficiency measures across its operations, including the installation of LED lighting, the use of energy-efficient HVAC systems, and the implementation of smart building technologies. These measures have helped to reduce the company's energy consumption and carbon emissions.

In addition to energy efficiency measures, The Economist Group has also invested in renewable energy. The company has installed solar panels on the roof of its London headquarters, which generate renewable energy to power the building. The company has also invested in wind energy projects in the UK and Europe, which further support its decarbonisation efforts.

Another important aspect of The Economist Group's decarbonisation strategy is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for renewable energy over a set period of time. The Economist Group has signed several corporate PPAs with renewable energy providers, which have helped to increase the company's use of renewable energy and reduce its carbon footprint.

The Economist Group has also been actively involved in promoting decarbonisation and renewable energy through its publications. The company's editorial team has published a number of articles and reports on the topic, highlighting the importance of decarbonisation and the role of renewable energy in achieving this goal. The Economist Group has also hosted a number of events and conferences on decarbonisation and renewable energy, bringing together experts and stakeholders from across the industry to discuss the latest developments and trends.

Overall, The Economist Group is a leading player in the decarbonisation and renewable energy space. The company's commitment to reducing its carbon footprint and investing in renewable energy is commendable, and its efforts to promote decarbonisation through its publications and events are helping to raise awareness and drive positive change in the industry. As the world continues to grapple with the challenges of climate change, The Economist Group's leadership and innovation in this area will be critical in shaping a more sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment