Potential offtaker

Fnac Darty

www.fnacdarty.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Fnac Darty is a French multinational retail company that specializes in consumer electronics and household appliances. The company was founded in 1954 by André Essel and Max Théret as a small store selling radio and television sets. Today, Fnac Darty has become one of the largest retailers of consumer electronics in Europe, with over 880 stores in 12 countries.

In recent years, Fnac Darty has been committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2030 and to achieve carbon neutrality by 2050. To achieve these goals, Fnac Darty has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy.

One of the key measures that Fnac Darty has taken to reduce its energy consumption is the implementation of energy-efficient technologies in its stores and warehouses. The company has installed LED lighting, energy-efficient heating and cooling systems, and smart building management systems to optimize energy use. In addition, Fnac Darty has implemented an energy management system that allows it to monitor and control its energy consumption in real-time, enabling the company to identify areas where energy use can be reduced.

Fnac Darty has also made significant investments in renewable energy. The company has installed solar panels on the roofs of its stores and warehouses, which generate clean energy and reduce the company's reliance on fossil fuels. In addition, Fnac Darty has signed corporate power purchase agreements (PPAs) with renewable energy providers, which guarantee the company a supply of clean energy at a fixed price.

Corporate PPAs are a key part of Fnac Darty's strategy to increase its use of renewable energy. By signing long-term contracts with renewable energy providers, the company is able to secure a reliable and cost-effective supply of clean energy, while also supporting the development of renewable energy projects. In addition, corporate PPAs provide Fnac Darty with greater control over its energy costs, as the company is able to hedge against future price increases in the energy market.

Fnac Darty's commitment to decarbonisation and renewable energy has not only helped to reduce the company's environmental impact, but it has also provided a range of business benefits. By reducing its energy consumption and increasing its use of renewable energy, Fnac Darty has been able to reduce its operating costs and improve its bottom line. In addition, the company's commitment to sustainability has helped to enhance its reputation and attract customers who are increasingly concerned about the environmental impact of the products and services they use.

In conclusion, Fnac Darty is a leading retailer of consumer electronics and household appliances in Europe, with a strong commitment to decarbonisation and renewable energy. The company has implemented a range of measures to reduce its energy consumption and increase its use of clean energy, including the installation of energy-efficient technologies, the use of solar panels, and the signing of corporate PPAs. By taking these steps, Fnac Darty has not only reduced its environmental impact but has also improved its bottom line and enhanced its reputation as a sustainable business.

✓ Science Based Targets member
✓ Declared Net Zero commitment