Greggs PLC is a well-known bakery chain in the United Kingdom, with over 2,000 stores across the country. The company has been in operation since 1939 and has grown to become one of the largest bakery chains in the UK. Greggs PLC operates in the Retail Bakeries sector, which is a highly competitive industry with a focus on providing fresh, high-quality baked goods to customers.

In recent years, Greggs PLC has taken steps to reduce its carbon footprint and become a more sustainable company. The company has made a commitment to decarbonisation, which involves reducing its greenhouse gas emissions and transitioning to renewable energy sources. Greggs PLC has set a target to reduce its carbon emissions by 25% by 2025, compared to its 2018 baseline.

One of the ways that Greggs PLC is working towards decarbonisation is through its corporate energy strategy. The company is focused on reducing its energy consumption and increasing its use of renewable energy sources. Greggs PLC has installed solar panels on the roofs of its stores, which generate renewable energy and help to reduce the company's reliance on grid electricity. The company has also invested in energy-efficient equipment and lighting, which helps to reduce its overall energy consumption.

Another way that Greggs PLC is working towards decarbonisation is through its use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the company a fixed price for the renewable energy that it purchases. Greggs PLC has signed a number of corporate PPAs with renewable energy providers, which has enabled the company to increase its use of renewable energy and reduce its carbon emissions.

Greggs PLC is also committed to sourcing its ingredients and materials from sustainable sources. The company has a responsible sourcing policy, which sets out its commitment to sourcing ingredients and materials in a way that is environmentally and socially responsible. Greggs PLC works closely with its suppliers to ensure that they meet its sustainability standards and is committed to reducing its environmental impact throughout its supply chain.

In addition to its commitment to decarbonisation and sustainable sourcing, Greggs PLC is also focused on reducing waste and increasing recycling. The company has implemented a number of initiatives to reduce waste, including reducing the amount of packaging that it uses and increasing the amount of food waste that it recycles. Greggs PLC has also introduced a reusable cup scheme, which encourages customers to bring their own cups and reduces the amount of single-use cups that are used.

Overall, Greggs PLC is a company that is committed to sustainability and decarbonisation. The company has taken a number of steps to reduce its carbon footprint and increase its use of renewable energy sources. Greggs PLC's commitment to sustainability is reflected in its responsible sourcing policy, its focus on reducing waste and increasing recycling, and its investment in energy-efficient equipment and lighting. As a result, Greggs PLC is well-positioned to continue to grow and thrive in the highly competitive Retail Bakeries sector, while also making a positive contribution to the environment.