Potential offtaker

Bloomsbury Publishing Plc.

www.bloomsbury.com

Estimated electricity consumption

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Bloomsbury Publishing Plc. is a leading independent publishing house in the UK, with a long-standing reputation for excellence in the book publishing industry. Founded in 1986, the company has grown to become a global brand, publishing over 2,000 titles each year across a wide range of genres, including fiction, non-fiction, academic, and children's books.

In recent years, Bloomsbury has made a concerted effort to reduce its carbon footprint and adopt more sustainable business practices. The company has recognized the urgent need to address climate change and has taken proactive steps to reduce its environmental impact. This has included a focus on decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is the process of reducing or eliminating carbon emissions from a company's operations. Bloomsbury has taken a number of steps to reduce its carbon footprint, including investing in energy-efficient technology, reducing waste, and promoting sustainable practices among its employees. The company has also set ambitious targets to reduce its carbon emissions in line with the Paris Agreement, which aims to limit global warming to below 2°C.

Corporate energy refers to the energy used by a company in its operations, including electricity, heating, and transportation. Bloomsbury has taken steps to reduce its energy consumption and increase efficiency, such as upgrading its lighting systems and HVAC systems, and promoting energy-saving practices among its employees. The company has also implemented a range of renewable energy solutions, such as solar panels and wind turbines, to reduce its reliance on fossil fuels.

Corporate PPA, or power purchase agreement, is a contract between a company and a renewable energy provider, in which the company agrees to purchase a set amount of renewable energy over a specified period of time. Bloomsbury has entered into several corporate PPAs with renewable energy providers, which has allowed the company to source a significant portion of its energy from renewable sources. This has not only reduced the company's carbon footprint but has also provided cost savings over the long term.

Renewable energy refers to energy sources that are replenished naturally, such as solar, wind, and hydro power. Bloomsbury has made a significant investment in renewable energy, both through the implementation of renewable energy solutions on its own properties and through the purchase of renewable energy from external providers. The company has also committed to sourcing 100% of its electricity from renewable sources by 2025, which is a significant step towards a more sustainable future.

In addition to its focus on sustainability, Bloomsbury has also been recognized for its commitment to social responsibility. The company has a strong track record of supporting charitable causes, including literacy programs, environmental initiatives, and social justice campaigns. Bloomsbury has also been recognized for its commitment to diversity and inclusion, with a strong focus on promoting gender and ethnic diversity within its workforce and publishing program.

Overall, Bloomsbury Publishing Plc. is a leading example of a company that is committed to sustainability and social responsibility. Through its focus on decarbonisation, corporate energy, corporate PPA, and renewable energy, the company has taken significant steps to reduce its environmental impact and promote a more sustainable future. With a strong commitment to social responsibility and a track record of excellence in the book publishing industry, Bloomsbury is well-positioned to continue its success in the years to come.