Potential offtaker

Klépierre

www.klepierre.com

Estimated electricity consumption

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Countries of production presence

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Klépierre is a leading European real estate investment trust (REIT) that specializes in the operation and management of regional shopping centers. The company is headquartered in Paris, France, and has a portfolio of over 100 shopping centers across 13 countries in Europe. Klépierre is committed to sustainability and has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus area for Klépierre. The company recognizes the importance of reducing its carbon footprint and has set ambitious targets to achieve net-zero carbon emissions by 2050. Klépierre has implemented a range of initiatives to reduce its carbon footprint, including energy-efficient lighting, building automation systems, and renewable energy sources. The company has also invested in green building certifications and has achieved BREEAM and LEED certifications for many of its properties.

Corporate energy is another area of focus for Klépierre. The company has implemented a range of energy-saving measures across its portfolio, including the installation of energy-efficient lighting, HVAC systems, and building automation systems. Klépierre has also implemented a comprehensive energy management system to monitor and optimize energy consumption across its properties. The company has achieved significant energy savings through these initiatives, reducing its energy consumption by 15% since 2015.

Corporate power purchase agreements (PPAs) are an important tool for Klépierre to achieve its renewable energy goals. The company has signed several corporate PPAs with renewable energy providers to source clean energy for its properties. These agreements have enabled Klépierre to increase its renewable energy consumption and reduce its carbon footprint. The company has also invested in on-site renewable energy generation, including solar panels and wind turbines, to further increase its renewable energy consumption.

Renewable energy is a key focus area for Klépierre. The company has set a target to source 100% renewable energy for its properties by 2030. To achieve this goal, Klépierre has implemented a range of initiatives, including the installation of on-site renewable energy generation, the signing of corporate PPAs with renewable energy providers, and the purchase of renewable energy certificates. The company has also invested in energy storage solutions to optimize the use of renewable energy and reduce its reliance on grid electricity.

Klépierre's commitment to sustainability has been recognized by several industry bodies. The company has been included in the Dow Jones Sustainability Index for the past three years and has achieved a "Green Star" rating from GRESB, a global sustainability benchmark for real estate companies. Klépierre has also been recognized for its commitment to decarbonisation, corporate energy, corporate PPA, and renewable energy by several other industry bodies and organizations.

In conclusion, Klépierre is a leading European REIT that is committed to sustainability and has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy. The company has set ambitious targets to achieve net-zero carbon emissions by 2050 and has implemented a range of initiatives to reduce its carbon footprint and increase its renewable energy consumption. Klépierre's commitment to sustainability has been recognized by several industry bodies, and the company is well-positioned to continue leading the way in sustainable real estate management.

✓ Science Based Targets member
✓ Declared Net Zero commitment