Potential offtaker

Wereldhave

www.wereldhave.com

Estimated electricity consumption

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Countries of production presence

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Wereldhave is a Dutch real estate investment trust (REIT) that operates in the shopping center sector. The company owns and manages shopping centers in the Netherlands, Belgium, and France. Wereldhave has a strong commitment to sustainability and has implemented various initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus for Wereldhave, and the company has set ambitious targets to reduce its carbon emissions. In 2020, Wereldhave announced its goal to achieve net-zero carbon emissions by 2030. To achieve this target, the company has implemented various measures to reduce its energy consumption and increase its use of renewable energy.

One of the key initiatives that Wereldhave has implemented is its corporate energy program. This program aims to reduce energy consumption across the company's shopping centers by implementing energy-efficient technologies and practices. The program includes measures such as LED lighting, energy-efficient HVAC systems, and smart building management systems. By reducing energy consumption, Wereldhave is not only reducing its carbon footprint but also saving on energy costs.

Wereldhave has also implemented a corporate power purchase agreement (PPA) to increase its use of renewable energy. A PPA is a long-term agreement between a company and a renewable energy provider to purchase a certain amount of renewable energy at a fixed price. Wereldhave has signed a PPA with a wind farm in the Netherlands, which will provide the company with renewable energy for its shopping centers. By increasing its use of renewable energy, Wereldhave is reducing its reliance on fossil fuels and contributing to the decarbonisation of the energy sector.

In addition to its corporate PPA, Wereldhave has also invested in on-site renewable energy generation. The company has installed solar panels on the roofs of some of its shopping centers, which generate renewable energy to power the buildings. By generating its own renewable energy, Wereldhave is reducing its reliance on the grid and contributing to the decarbonisation of the energy sector.

Wereldhave's commitment to sustainability extends beyond its energy initiatives. The company has implemented various measures to promote sustainable practices across its shopping centers. For example, the company has implemented a waste management program to reduce waste and increase recycling. The program includes measures such as waste separation and composting. Wereldhave has also implemented sustainable transportation initiatives, such as electric vehicle charging stations and bike-sharing programs.

Wereldhave's sustainability initiatives have not gone unnoticed. In 2020, the company was included in the Dow Jones Sustainability Index (DJSI) for the third consecutive year. The DJSI is a global benchmark for corporate sustainability, and inclusion in the index is a recognition of Wereldhave's commitment to sustainability.

In conclusion, Wereldhave is a Dutch REIT that operates in the shopping center sector. The company has a strong commitment to sustainability and has implemented various initiatives to reduce its carbon footprint and promote renewable energy. Wereldhave's initiatives include its corporate energy program, corporate PPA, on-site renewable energy generation, waste management program, and sustainable transportation initiatives. The company's commitment to sustainability has been recognized through its inclusion in the Dow Jones Sustainability Index. Wereldhave's sustainability initiatives demonstrate the company's commitment to reducing its environmental impact and contributing to the decarbonisation of the energy sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment