Potential offtaker

Guardian Media Group plc

www.gmgplc.co.uk

Estimated electricity consumption

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Countries of production presence

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Guardian Media Group plc (GMG) is a leading media company based in the United Kingdom. The company operates in the newspaper publishers sector and is well-known for its flagship newspaper, The Guardian. GMG is committed to decarbonisation and has made significant efforts to reduce its carbon footprint in recent years. The company has also taken steps to transition to renewable energy sources and has implemented corporate energy and corporate PPA strategies to achieve its sustainability goals.

Decarbonisation is a key priority for GMG, and the company has set ambitious targets to reduce its carbon emissions. In 2019, GMG announced its commitment to becoming a net-zero carbon business by 2030. This means that the company aims to reduce its greenhouse gas emissions to as close to zero as possible, and any remaining emissions will be offset through the purchase of carbon credits or other measures. To achieve this goal, GMG has implemented a range of measures to reduce its carbon footprint, including energy efficiency improvements, renewable energy investments, and changes to its supply chain.

One of the key strategies that GMG has implemented to reduce its carbon footprint is corporate energy management. The company has implemented a range of energy efficiency measures across its operations, including the installation of LED lighting, the use of energy-efficient equipment, and the implementation of energy management systems. These measures have helped GMG to reduce its energy consumption and carbon emissions, while also saving money on energy bills.

Another important strategy that GMG has implemented to reduce its carbon footprint is corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy from the provider over a set period of time. GMG has signed several corporate PPAs with renewable energy providers, which has enabled the company to transition to renewable energy sources and reduce its reliance on fossil fuels.

Renewable energy is a key focus for GMG, and the company has made significant investments in this area in recent years. In 2017, GMG announced that it had invested in a wind farm in Scotland, which would provide renewable energy to power its operations. The company has also invested in solar energy projects in the United States and has signed a number of corporate PPAs with renewable energy providers in Europe.

In addition to its efforts to reduce its carbon footprint and transition to renewable energy sources, GMG is also committed to promoting sustainability more broadly. The company has launched several initiatives to raise awareness of environmental issues and encourage sustainable practices among its staff and readers. For example, GMG has launched a sustainability hub on its website, which provides information and resources on sustainability topics such as climate change, energy efficiency, and waste reduction.

In conclusion, Guardian Media Group plc is a leading media company based in the United Kingdom that is committed to decarbonisation and sustainability. The company has implemented a range of strategies to reduce its carbon footprint, including corporate energy management and corporate PPAs with renewable energy providers. GMG has also made significant investments in renewable energy projects and is committed to promoting sustainability more broadly. As a result of these efforts, GMG is well-positioned to achieve its goal of becoming a net-zero carbon business by 2030.