Potential offtaker

Guerlain

www.guerlain.com

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Guerlain is a French luxury cosmetics and perfume brand that has been in operation since 1828. The brand is known for its high-end products that are made using natural ingredients and innovative technologies. Guerlain has a strong commitment to sustainability and has been taking steps to reduce its carbon footprint and promote renewable energy. In this article, we will explore Guerlain's efforts towards decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation:

Guerlain has been actively working towards decarbonisation, which is the process of reducing carbon emissions to mitigate climate change. The company has set ambitious targets to reduce its carbon footprint and has been taking various measures to achieve them. In 2017, Guerlain joined the "Science Based Targets" initiative, which is a global effort to encourage companies to set science-based targets to reduce their greenhouse gas emissions. Guerlain's target is to reduce its carbon footprint by 20% by 2020 and 60% by 2030, compared to its 2015 baseline.

To achieve these targets, Guerlain has been implementing various measures such as reducing energy consumption, promoting renewable energy, and optimizing its logistics. The company has also been working with its suppliers to reduce their carbon footprint and has been encouraging them to adopt sustainable practices.

Corporate Energy:

Guerlain has been actively managing its energy consumption to reduce its carbon footprint and promote sustainability. The company has been implementing various measures to optimize its energy use, such as installing energy-efficient lighting and HVAC systems, and using renewable energy sources.

In 2018, Guerlain launched its "Green Energy" program, which aims to promote the use of renewable energy in its operations. The program involves the installation of solar panels on the roofs of its factories and offices, which generate clean energy and reduce the company's reliance on fossil fuels. Guerlain has also been investing in energy-efficient technologies such as heat recovery systems, which capture waste heat and use it to generate electricity.

Corporate PPA:

Guerlain has been actively promoting the use of corporate power purchase agreements (PPAs), which are long-term contracts between companies and renewable energy producers. PPAs enable companies to purchase renewable energy directly from producers, which helps to promote the development of renewable energy projects and reduce carbon emissions.

In 2019, Guerlain signed a 10-year PPA with a wind farm in Spain, which will provide the company with 100% renewable energy for its operations in France. The PPA will enable Guerlain to reduce its carbon footprint and promote the development of renewable energy projects.

Renewable Energy:

Guerlain has been promoting the use of renewable energy in its operations and has been investing in various renewable energy projects. The company has been using renewable energy sources such as solar and wind power to generate clean energy and reduce its carbon footprint.

In addition to its "Green Energy" program, Guerlain has been investing in various renewable energy projects such as wind farms and solar parks. The company has also been working with its suppliers to promote the use of renewable energy in their operations.

Conclusion:

Guerlain is a French luxury cosmetics and perfume brand that has been actively working towards decarbonisation and promoting sustainability. The company has set ambitious targets to reduce its carbon footprint and has been implementing various measures to achieve them. Guerlain has been promoting the use of renewable energy in its operations and has been investing in various renewable energy projects. The company has also been promoting the use of corporate power purchase agreements to reduce carbon emissions and promote the development of renewable energy projects. Guerlain's commitment to sustainability is a testament to its dedication towards creating a better future for the planet.

✓ Science Based Targets member
✓ Declared Net Zero commitment