Potential offtaker

Beiersdorf AG

www.beiersdorf.com

Estimated electricity consumption

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Countries of production presence

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Beiersdorf AG is a German multinational company that operates in the Personal Care Products sector. It was founded in 1882 by Paul C. Beiersdorf and has its headquarters in Hamburg, Germany. The company is known for its iconic brands such as Nivea, Eucerin, and La Prairie. Beiersdorf AG has a global presence with operations in over 170 countries and employs more than 20,000 people worldwide.

As a company operating in the Personal Care Products sector, Beiersdorf AG has a responsibility to ensure that its products are safe, effective, and environmentally friendly. The company has a strong commitment to sustainability and has set ambitious targets to reduce its environmental impact. One of the key areas of focus for Beiersdorf AG is decarbonisation.

Decarbonisation is the process of reducing carbon emissions to limit the impact of climate change. Beiersdorf AG is committed to reducing its carbon footprint and has set a target to become carbon neutral by 2030. To achieve this goal, the company is implementing a range of measures to reduce its energy consumption and increase the use of renewable energy.

Corporate energy is an important aspect of Beiersdorf AG's sustainability strategy. The company is committed to reducing its energy consumption and has set a target to reduce its energy use per product by 70% by 2025. To achieve this goal, the company is implementing a range of energy efficiency measures such as using energy-efficient lighting, optimizing production processes, and improving the insulation of its buildings.

In addition to reducing its energy consumption, Beiersdorf AG is also increasing the use of renewable energy. The company has set a target to source 50% of its electricity from renewable sources by 2025. To achieve this goal, Beiersdorf AG is investing in renewable energy projects such as wind and solar power. The company is also exploring the use of corporate power purchase agreements (PPAs) to secure renewable energy at a competitive price.

Corporate PPAs are agreements between a company and a renewable energy supplier to purchase a fixed amount of renewable energy at a fixed price over a set period of time. By entering into a PPA, companies can secure a long-term supply of renewable energy and reduce their carbon footprint. Beiersdorf AG is exploring the use of corporate PPAs to secure renewable energy for its operations in Europe.

In addition to its sustainability efforts, Beiersdorf AG is also committed to social responsibility. The company has a strong commitment to ethical business practices and is a signatory to the United Nations Global Compact. Beiersdorf AG also supports a range of social and environmental initiatives such as the NIVEA Care Run, which raises funds for children in need.

In conclusion, Beiersdorf AG is a German multinational company that operates in the Personal Care Products sector. The company has a strong commitment to sustainability and is implementing a range of measures to reduce its environmental impact. Decarbonisation, corporate energy, corporate PPAs, and renewable energy are all key aspects of Beiersdorf AG's sustainability strategy. The company is committed to becoming carbon neutral by 2030 and is investing in renewable energy projects to achieve this goal. Beiersdorf AG is also committed to social responsibility and supports a range of social and environmental initiatives.

✓ Science Based Targets member
✓ Declared Net Zero commitment