Potential offtaker

Costa Coffee

Estimated electricity consumption

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Countries of production presence

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Costa Coffee is a well-known coffee chain that operates in the United Kingdom. It was founded in 1971 by two Italian brothers, Sergio and Bruno Costa. Since then, it has grown to become one of the largest coffee chains in the UK, with over 2,600 stores in 32 countries. Costa Coffee is known for its high-quality coffee, delicious snacks, and warm atmosphere.

In recent years, Costa Coffee has been working towards decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its carbon emissions by 30% by 2030. To achieve this, Costa Coffee has implemented several initiatives to reduce its energy consumption and increase its use of renewable energy.

One of the key initiatives that Costa Coffee has implemented is corporate energy management. The company has implemented energy-efficient technologies and practices across its stores and operations. This includes the installation of LED lighting, energy-efficient appliances, and smart building management systems. By implementing these measures, Costa Coffee has been able to reduce its energy consumption and lower its carbon emissions.

Another initiative that Costa Coffee has implemented is corporate power purchase agreements (PPAs). PPAs are long-term contracts that allow companies to purchase renewable energy directly from renewable energy providers. By using PPAs, Costa Coffee has been able to increase its use of renewable energy and reduce its reliance on fossil fuels. The company has signed several PPAs with renewable energy providers in the UK, including wind and solar power providers.

Costa Coffee has also invested in renewable energy projects. In 2019, the company announced that it had invested in a wind farm in Scotland. The wind farm is expected to generate enough renewable energy to power over 30% of Costa Coffee's stores in the UK. This investment is part of Costa Coffee's commitment to reducing its carbon emissions and increasing its use of renewable energy.

In addition to these initiatives, Costa Coffee has also implemented a recycling program to reduce its waste and increase its sustainability. The company has set a target to recycle 100% of its coffee cups by 2025. To achieve this, Costa Coffee has implemented a cup recycling scheme in its stores and is working with local authorities to increase the recycling of coffee cups.

Overall, Costa Coffee is a company that is committed to reducing its carbon footprint and increasing its sustainability. Through its initiatives in decarbonisation, corporate energy management, corporate PPAs, and renewable energy, Costa Coffee is working towards a more sustainable future. With its focus on sustainability, Costa Coffee is not only helping to protect the environment but is also setting an example for other companies to follow.