Potential offtaker

Farfetch Limited

www.farfetch.com

Estimated electricity consumption

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Countries of production presence

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FARFETCH Limited is a leading online luxury fashion retailer based in the United Kingdom. The company was founded in 2007 by José Neves and has since grown to become one of the largest online fashion retailers in the world. FARFETCH operates in the Apparel & Footwear - Online sector, offering a wide range of luxury fashion products from over 1,300 brands and boutiques.

In recent years, FARFETCH has made a significant commitment to decarbonisation and reducing its carbon footprint. The company recognizes the urgent need to address climate change and is taking proactive steps to reduce its impact on the environment. FARFETCH has set ambitious targets to reduce its carbon emissions and transition to renewable energy sources.

One of the key ways that FARFETCH is working towards decarbonisation is through corporate energy initiatives. The company is investing in renewable energy projects and working to reduce its energy consumption through energy efficiency measures. FARFETCH has also implemented a corporate power purchase agreement (PPA) to source renewable energy directly from wind and solar farms.

Through its corporate PPA, FARFETCH has committed to purchasing 100% renewable energy for its operations. The company has partnered with wind and solar farms in the United Kingdom and Ireland to source renewable energy directly from these sources. This allows FARFETCH to reduce its carbon emissions and support the growth of renewable energy in the region.

In addition to its corporate PPA, FARFETCH is also investing in renewable energy projects. The company has partnered with renewable energy developers to support the construction of new wind and solar farms. This investment helps to accelerate the transition to renewable energy and reduce the reliance on fossil fuels.

FARFETCH is also working to reduce its energy consumption through energy efficiency measures. The company has implemented a range of initiatives to reduce its energy use, including the installation of energy-efficient lighting and heating systems, and the use of smart building technologies. These measures help to reduce the company's energy consumption and lower its carbon emissions.

Overall, FARFETCH is committed to decarbonisation and reducing its impact on the environment. The company recognizes the urgent need to address climate change and is taking proactive steps to reduce its carbon footprint. Through its corporate energy initiatives, including its corporate PPA and investment in renewable energy projects, FARFETCH is helping to accelerate the transition to renewable energy and reduce the reliance on fossil fuels.

✓ Science Based Targets member
✓ Declared Net Zero commitment