Compagnie Financière Richemont SA is a Swiss luxury goods holding company that is primarily engaged in the production, distribution, and retail of high-end jewelry, watches, and accessories. The company was founded in 1988 by South African businessman Johann Rupert and is headquartered in Bellevue, Switzerland. Richemont owns several of the world's most prestigious luxury brands, including Cartier, Van Cleef & Arpels, Montblanc, and Jaeger-LeCoultre, among others.

As a global luxury goods company, Richemont is aware of its environmental impact and is committed to reducing its carbon footprint. The company has set ambitious sustainability goals, including decarbonisation and the use of renewable energy. Richemont has recognized the importance of transitioning to a low-carbon economy and has taken steps to reduce its greenhouse gas emissions.

One of the ways Richemont is working towards decarbonisation is through its corporate energy strategy. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources. Richemont has implemented several energy-saving measures across its operations, including the use of LED lighting, energy-efficient equipment, and the optimization of heating and cooling systems.

Richemont has also embraced corporate power purchase agreements (PPAs) as a way to increase its use of renewable energy. A PPA is a long-term contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period. Richemont has signed several PPAs with renewable energy providers to help meet its sustainability goals.

In 2019, Richemont signed a 15-year PPA with Enel Green Power, a leading renewable energy company. The PPA will provide Richemont with 100 GWh of renewable energy per year, which is equivalent to the electricity consumption of approximately 30,000 households. The renewable energy will be generated by Enel Green Power's wind farms in Spain and Portugal.

Richemont has also invested in renewable energy projects. In 2018, the company announced a partnership with the Chinese renewable energy company, GCL System Integration Technology Co. Ltd. The partnership aims to develop a 100 MW solar power plant in the Ningxia Hui Autonomous Region of China. The solar power plant will generate approximately 120 million kWh of electricity per year, which is equivalent to the annual electricity consumption of approximately 40,000 households.

Richemont is committed to reducing its carbon footprint and has set ambitious sustainability goals, including decarbonisation and the use of renewable energy. The company has implemented several energy-saving measures across its operations, including the use of LED lighting, energy-efficient equipment, and the optimization of heating and cooling systems. Richemont has also embraced corporate PPAs as a way to increase its use of renewable energy and has invested in renewable energy projects.

In addition to its sustainability efforts, Richemont is also committed to ethical and responsible business practices. The company has established a Code of Conduct that outlines its commitment to ethical behavior, respect for human rights, and environmental stewardship. Richemont also supports several philanthropic initiatives, including the Fondation Cartier pour l'Art Contemporain and the Montblanc Cultural Foundation.

In conclusion, Compagnie Financière Richemont SA is a Swiss luxury goods holding company that is committed to reducing its environmental impact and increasing its use of renewable energy. The company has set ambitious sustainability goals, including decarbonisation and the use of corporate PPAs, and has implemented several energy-saving measures across its operations. Richemont is also committed to ethical and responsible business practices and supports several philanthropic initiatives.