JDE Peet’s N.V. is a Dutch multinational coffee company that operates in the coffee sector. The company was formed in 2020, following the merger of Jacobs Douwe Egberts (JDE) and Peet’s Coffee. JDE Peet’s N.V. is now the world’s largest pure-play coffee and tea company, with a portfolio of more than 50 brands, including Douwe Egberts, Jacobs, Kenco, L’OR, and Peet’s Coffee.

JDE Peet’s N.V. is committed to decarbonisation and reducing its carbon footprint. The company has set a target to reduce its carbon emissions by 50% by 2030, compared to its 2018 baseline. To achieve this target, JDE Peet’s N.V. is investing in renewable energy and energy efficiency measures across its operations.

One of the ways JDE Peet’s N.V. is reducing its carbon footprint is through the use of renewable energy. The company has committed to sourcing 100% renewable electricity for its operations by 2025. To achieve this goal, JDE Peet’s N.V. is investing in renewable energy projects, such as wind and solar, and is exploring the use of corporate power purchase agreements (PPAs).

Corporate PPAs are agreements between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy over a set period of time. By entering into a PPA, JDE Peet’s N.V. can secure a long-term supply of renewable energy at a fixed price, which can help to reduce its exposure to volatile energy prices and support the development of new renewable energy projects.

JDE Peet’s N.V. has already signed several corporate PPAs in Europe, including a 10-year agreement with a wind farm in Finland and a 15-year agreement with a solar farm in Spain. These agreements will provide JDE Peet’s N.V. with a reliable source of renewable energy and help to reduce its carbon footprint.

In addition to sourcing renewable energy, JDE Peet’s N.V. is also investing in energy efficiency measures across its operations. The company has set a target to reduce its energy consumption by 2% per year, compared to its 2018 baseline. To achieve this target, JDE Peet’s N.V. is implementing a range of energy-saving measures, such as upgrading its lighting systems, improving its building insulation, and optimizing its production processes.

JDE Peet’s N.V. is also exploring the use of corporate energy storage solutions, such as batteries, to help manage its energy consumption and reduce its reliance on grid electricity. By storing excess renewable energy during periods of low demand, JDE Peet’s N.V. can use this energy during periods of high demand, reducing its reliance on grid electricity and further reducing its carbon footprint.

Overall, JDE Peet’s N.V. is committed to decarbonisation and reducing its carbon footprint. The company is investing in renewable energy and energy efficiency measures across its operations, and is exploring the use of corporate PPAs and energy storage solutions to help achieve its goals. By taking these steps, JDE Peet’s N.V. is demonstrating its commitment to sustainability and helping to create a more sustainable future for the coffee sector and beyond.