Potential offtaker

Coveris

www.coveris.com

Estimated electricity consumption

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Countries of production presence

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Coveris is a leading global manufacturer of packaging solutions that operates in the Containers & Packaging sector. Headquartered in Luxembourg, the company has a presence in over 40 countries, with more than 8,000 employees worldwide. Coveris is committed to sustainability and is actively working towards decarbonisation by reducing its carbon footprint and increasing the use of renewable energy sources.

Corporate Energy

Coveris is committed to reducing its energy consumption and has implemented several measures to achieve this goal. The company has invested in energy-efficient equipment and processes, and has implemented a comprehensive energy management system to monitor and control energy consumption across its operations. Coveris has also established an energy-saving culture within the company, encouraging employees to adopt energy-efficient practices in their daily activities.

Corporate PPA

Coveris has signed several Power Purchase Agreements (PPAs) to support its transition to renewable energy sources. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the electricity generated by the renewable energy project. By signing PPAs, Coveris is able to secure a reliable and cost-effective source of renewable energy, while also supporting the development of new renewable energy projects.

Renewable Energy

Coveris is committed to increasing the use of renewable energy sources in its operations. The company has set a target to source 50% of its electricity from renewable sources by 2025. To achieve this goal, Coveris has invested in renewable energy projects, such as wind and solar, and has signed several PPAs with renewable energy providers. The company is also exploring new technologies, such as energy storage and smart grids, to further increase the use of renewable energy sources.

Decarbonisation

Coveris is committed to reducing its carbon footprint and has set a target to reduce its greenhouse gas emissions by 20% by 2025. To achieve this goal, the company has implemented several measures to improve energy efficiency, reduce waste, and increase the use of renewable energy sources. Coveris is also working with its suppliers and customers to reduce the carbon footprint of its supply chain and products.

In conclusion, Coveris is a leading global manufacturer of packaging solutions that is committed to sustainability and decarbonisation. The company has implemented several measures to reduce its energy consumption and increase the use of renewable energy sources. Coveris has also signed several PPAs to support the development of new renewable energy projects. The company is committed to reducing its carbon footprint and is working towards a target to reduce its greenhouse gas emissions by 20% by 2025.