Bertelsmann SE & Co. KGaA is a German multinational company that operates in the local TV and radio broadcast sector. The company was founded in 1835 by Carl Bertelsmann and has since grown to become one of the largest media companies in the world, with operations in over 50 countries.

Bertelsmann's core business is centered around media, publishing, and entertainment. The company owns a number of well-known brands, including Penguin Random House, RTL Group, Gruner + Jahr, and BMG. Bertelsmann has a strong presence in the local TV and radio broadcast sector, with RTL Group being one of the largest broadcasters in Europe.

In recent years, Bertelsmann has placed a strong emphasis on decarbonisation and renewable energy. The company has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources. Bertelsmann has committed to reducing its greenhouse gas emissions by 50% by 2030 and achieving net-zero emissions by 2050.

To achieve these targets, Bertelsmann has implemented a number of initiatives focused on corporate energy and renewable energy. The company has invested in energy-efficient technologies and has implemented energy-saving measures across its operations. Bertelsmann has also implemented a corporate power purchase agreement (PPA) program, which involves purchasing renewable energy directly from producers.

Bertelsmann's corporate PPA program is focused on sourcing renewable energy from wind and solar power producers. The company has signed a number of long-term contracts with renewable energy producers, which has allowed it to secure a stable and cost-effective supply of renewable energy. Bertelsmann's corporate PPA program has been instrumental in helping the company achieve its decarbonisation targets.

In addition to its corporate PPA program, Bertelsmann has also invested in renewable energy projects. The company has invested in a number of wind and solar power projects across Europe, which has allowed it to directly contribute to the growth of renewable energy.

Bertelsmann's commitment to decarbonisation and renewable energy has been recognized by a number of industry groups and organizations. The company has been included in the Dow Jones Sustainability Index for the past 15 years, which recognizes companies that demonstrate leadership in sustainability.

Bertelsmann's focus on decarbonisation and renewable energy is not only driven by a desire to reduce its environmental impact but also by a recognition of the business benefits of sustainability. The company recognizes that sustainability is a key driver of innovation and growth and that companies that prioritize sustainability are more likely to succeed in the long term.

Bertelsmann's commitment to sustainability is reflected in its corporate culture and values. The company has a strong commitment to social responsibility and has implemented a number of initiatives focused on diversity, equity, and inclusion. Bertelsmann has also implemented a number of programs focused on education and literacy, which aligns with its core business in publishing.

In conclusion, Bertelsmann SE & Co. KGaA is a German multinational company that operates in the local TV and radio broadcast sector. The company has a strong commitment to decarbonisation and renewable energy and has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources. Bertelsmann has implemented a number of initiatives focused on corporate energy and renewable energy, including a corporate PPA program and investments in renewable energy projects. The company's commitment to sustainability is reflected in its corporate culture and values, and it recognizes that sustainability is a key driver of innovation and growth.