Potential offtaker

Inditex

www.inditex.com

Estimated electricity consumption

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Countries of production presence

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Inditex is a Spanish multinational clothing company that operates in the specialty apparel stores sector. It was founded in 1975 by Amancio Ortega and Rosalía Mera, and its headquarters are located in Arteixo, Spain. The company is known for its fast fashion business model, which involves the rapid production and delivery of trendy clothing items to its stores worldwide.

Inditex is committed to sustainability and has set ambitious goals to reduce its carbon footprint and promote decarbonisation. The company has pledged to become carbon neutral by 2050 and has implemented a number of initiatives to achieve this goal. One of these initiatives is the use of renewable energy sources to power its operations.

Inditex has invested heavily in corporate energy projects, including the installation of solar panels on the roofs of its stores and warehouses. The company has also signed corporate power purchase agreements (PPAs) with renewable energy providers to ensure a stable and sustainable energy supply for its operations. These PPAs allow Inditex to purchase renewable energy directly from the source, reducing its reliance on traditional energy sources and supporting the growth of the renewable energy industry.

In addition to its corporate energy projects, Inditex is also focused on reducing its energy consumption through energy efficiency measures. The company has implemented a number of initiatives to reduce energy use in its stores and warehouses, including the use of LED lighting, energy-efficient HVAC systems, and smart building management systems.

Inditex is committed to promoting sustainable fashion and has implemented a number of initiatives to reduce waste and promote circularity. The company has launched a clothing collection program in its stores, which allows customers to donate their used clothing items for recycling. Inditex also uses recycled materials in its clothing production process and has set a goal to use 100% sustainable cotton by 2025.

Inditex is a leader in the fashion industry when it comes to sustainability and has received recognition for its efforts. The company has been included in the Dow Jones Sustainability Index for the past 15 years and has been recognized by the Carbon Disclosure Project for its climate change initiatives.

In conclusion, Inditex is a Spanish multinational clothing company that operates in the specialty apparel stores sector. The company is committed to sustainability and has set ambitious goals to reduce its carbon footprint and promote decarbonisation. Inditex has invested heavily in corporate energy projects, including the use of renewable energy sources to power its operations and the signing of corporate PPAs with renewable energy providers. The company is also focused on reducing its energy consumption through energy efficiency measures and promoting sustainable fashion through its clothing collection program and the use of recycled materials in its clothing production process. Inditex is a leader in the fashion industry when it comes to sustainability and has received recognition for its efforts.

✓ Science Based Targets member
✓ Declared Net Zero commitment