Potential offtaker

Coop amba

Estimated electricity consumption

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Countries of production presence

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Coop amba is a Danish consumer cooperative that operates in the Other Commercial Support Services sector. The company was founded in 1896 and has since grown to become one of Denmark's largest retailers. Coop amba operates a chain of supermarkets, hypermarkets, and convenience stores across Denmark, with a focus on providing high-quality products at affordable prices.

In recent years, Coop amba has placed a strong emphasis on decarbonisation and reducing its environmental impact. The company has set ambitious targets to reduce its carbon emissions and increase its use of renewable energy sources. To achieve these goals, Coop amba has implemented a range of initiatives, including the use of corporate energy and corporate power purchase agreements (PPAs).

Corporate energy is a term used to describe the energy that a company generates and uses to power its operations. Coop amba has invested in a range of renewable energy projects, including wind and solar farms, to generate its own energy. By generating its own energy, Coop amba is able to reduce its reliance on fossil fuels and lower its carbon emissions. This approach also provides the company with greater control over its energy supply and helps to reduce its energy costs.

In addition to generating its own energy, Coop amba has also entered into corporate PPAs. A corporate PPA is an agreement between a company and a renewable energy provider, whereby the company agrees to purchase a certain amount of energy from the provider. Coop amba has entered into several corporate PPAs with wind and solar farms across Denmark. These agreements provide the company with a reliable source of renewable energy, while also supporting the growth of the renewable energy sector in Denmark.

Coop amba's commitment to decarbonisation and renewable energy has earned the company recognition from a range of organisations. In 2020, Coop amba was named the most sustainable retailer in Denmark by the Sustainable Brand Index. The company was also awarded the Danish Energy Agency's Energy Saving Award for its efforts to reduce energy consumption in its stores.

Coop amba's focus on sustainability extends beyond its energy use. The company has implemented a range of initiatives to reduce its environmental impact, including reducing waste, promoting sustainable agriculture, and increasing the use of organic products. Coop amba has also committed to sourcing all of its electricity from renewable sources by 2025.

In addition to its sustainability efforts, Coop amba has a strong focus on social responsibility. The company is committed to supporting local communities and has implemented a range of initiatives to promote social inclusion and support vulnerable groups. Coop amba also supports a range of charitable organisations, including UNICEF and the Danish Cancer Society.

Overall, Coop amba is a leading Danish retailer that is committed to sustainability and social responsibility. The company's focus on decarbonisation and renewable energy has earned it recognition as a leader in the sustainable retail sector. Coop amba's use of corporate energy and corporate PPAs demonstrates its commitment to reducing its carbon footprint and supporting the growth of the renewable energy sector in Denmark.