Potential offtaker

Jerónimo Martins - SGPS, S.A.

www.jeronimomartins.pt

Estimated electricity consumption

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Countries of production presence

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Jerónimo Martins - SGPS, S.A. is a Portuguese company that operates in the supermarkets sector. Founded in 1792, the company has a long history of providing high-quality products to its customers. Today, Jerónimo Martins is one of the largest retail companies in Portugal, with a presence in Poland and Colombia as well.

As a company that operates in the retail sector, Jerónimo Martins is acutely aware of the impact that its operations have on the environment. In recent years, the company has taken significant steps to reduce its carbon footprint and promote decarbonisation.

One of the key ways in which Jerónimo Martins is working towards decarbonisation is through its corporate energy strategy. The company has set ambitious targets for reducing its energy consumption and increasing its use of renewable energy sources. By 2025, Jerónimo Martins aims to reduce its energy consumption by 20% and increase its use of renewable energy to 80%.

To achieve these targets, Jerónimo Martins has implemented a range of measures across its operations. These include the installation of energy-efficient lighting and HVAC systems in its stores, the use of renewable energy sources such as solar and wind power, and the implementation of energy management systems to monitor and control energy usage.

In addition to these measures, Jerónimo Martins has also entered into corporate power purchase agreements (PPAs) for renewable energy. These agreements involve the company purchasing renewable energy directly from a renewable energy provider, often at a fixed price over a long-term contract. By entering into these agreements, Jerónimo Martins is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

One example of Jerónimo Martins' corporate PPA is its agreement with EDP Renováveis, a leading renewable energy company in Portugal. Under the agreement, Jerónimo Martins will purchase renewable energy from EDP Renováveis to power its stores and distribution centres in Portugal. The agreement is expected to result in a reduction of over 30,000 tonnes of CO2 emissions per year.

In addition to its focus on decarbonisation and renewable energy, Jerónimo Martins is also committed to reducing its overall environmental impact. The company has implemented a range of measures to reduce waste, increase recycling, and promote sustainable practices across its operations.

One example of these measures is Jerónimo Martins' "Reuse, Reduce, Recycle" programme, which aims to reduce waste and promote recycling in its stores. The programme involves the implementation of waste reduction measures such as the use of reusable shopping bags and the installation of recycling bins in stores.

Overall, Jerónimo Martins is a company that is committed to sustainability and environmental responsibility. Through its focus on decarbonisation, corporate energy, corporate PPA, and renewable energy, the company is taking significant steps to reduce its carbon footprint and promote a more sustainable future.