Helen of Troy Limited is a leading global consumer products company that operates in the Home Products sector. The company is headquartered in Hamilton, Bermuda, and has operations in North America, Europe, and Asia. Helen of Troy Limited is committed to sustainability and decarbonisation, and has taken several steps to reduce its carbon footprint and transition to renewable energy sources.

Corporate Energy and Decarbonisation

Helen of Troy Limited is committed to reducing its carbon footprint and has set ambitious targets to achieve this goal. The company has implemented several initiatives to reduce its energy consumption and increase efficiency. For example, it has invested in energy-efficient lighting, HVAC systems, and equipment. The company has also implemented a comprehensive recycling program to reduce waste and promote sustainability.

In addition, Helen of Troy Limited has set a target to reduce its greenhouse gas emissions by 30% by 2030. To achieve this goal, the company is focusing on decarbonisation and has implemented several measures to reduce its reliance on fossil fuels. For example, it has invested in renewable energy sources such as solar and wind power, and has implemented energy-efficient transportation policies.

Corporate PPA and Renewable Energy

Helen of Troy Limited has also entered into a corporate power purchase agreement (PPA) to support its transition to renewable energy. The company has signed a long-term agreement to purchase renewable energy from a wind farm in Texas, which will provide the company with a stable and predictable source of renewable energy.

The PPA is part of Helen of Troy Limited's broader strategy to transition to renewable energy sources and reduce its carbon footprint. The company has also invested in solar power and is exploring other renewable energy sources such as geothermal and hydroelectric power.

The company's commitment to renewable energy is not only good for the environment but also good for business. By investing in renewable energy sources, Helen of Troy Limited is reducing its exposure to volatile fossil fuel prices and ensuring a stable and predictable source of energy for its operations.

Conclusion

Helen of Troy Limited is a leading global consumer products company that is committed to sustainability and decarbonisation. The company has implemented several initiatives to reduce its carbon footprint and transition to renewable energy sources. It has set ambitious targets to reduce its greenhouse gas emissions and has invested in energy-efficient technologies and equipment.

Helen of Troy Limited has also entered into a corporate power purchase agreement to support its transition to renewable energy. The company is investing in solar and wind power and exploring other renewable energy sources such as geothermal and hydroelectric power.

The company's commitment to sustainability and decarbonisation is not only good for the environment but also good for business. By reducing its exposure to volatile fossil fuel prices and ensuring a stable and predictable source of energy for its operations, Helen of Troy Limited is positioning itself for long-term success in a rapidly changing global economy.