Potential offtaker

Compagnie de Saint-Gobain

www.saint-gobain.com

Estimated electricity consumption

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Compagnie de Saint Gobain is a French multinational corporation that specializes in the production and distribution of building materials. The company was founded in 1665 and has since become a global leader in the construction industry. With a presence in over 70 countries, the company operates in four main business segments: Innovative Materials, Construction Products, Building Distribution, and Packaging.

As the world becomes increasingly focused on decarbonisation and reducing carbon emissions, Compagnie de Saint Gobain has taken steps to become a more sustainable and environmentally conscious company. The company has set ambitious targets to reduce its carbon footprint and has implemented a number of initiatives to achieve these goals.

One of the key initiatives that Compagnie de Saint Gobain has undertaken is the implementation of a corporate energy strategy. The company has set a target to reduce its energy consumption by 20% by 2025 compared to its 2010 baseline. To achieve this goal, the company has implemented a number of energy efficiency measures, such as the installation of LED lighting and the optimization of its manufacturing processes.

In addition to energy efficiency measures, Compagnie de Saint Gobain has also invested in renewable energy sources. The company has set a target to source 50% of its energy from renewable sources by 2025. To achieve this goal, the company has implemented a number of renewable energy projects, such as the installation of solar panels on its manufacturing facilities and the purchase of renewable energy certificates.

Another key initiative that Compagnie de Saint Gobain has undertaken is the implementation of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which allow the company to purchase renewable energy at a fixed price over a set period of time. By entering into PPAs, Compagnie de Saint Gobain is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy industry.

Compagnie de Saint Gobain has also taken steps to reduce its carbon emissions through the use of low-carbon materials in its products. The company has developed a range of products that are designed to be more sustainable and environmentally friendly, such as insulation materials that are made from recycled materials.

Overall, Compagnie de Saint Gobain is committed to reducing its carbon footprint and becoming a more sustainable and environmentally conscious company. Through the implementation of energy efficiency measures, the use of renewable energy sources, and the development of low-carbon products, the company is taking a proactive approach to decarbonisation and is setting an example for other companies in the building materials sector to follow.

✓ Climate Action 100+ company
✓ Declared Net Zero commitment