Potential offtaker

Kohl's Corp

www.kohls.com

Estimated electricity consumption

N/A

Countries of production presence

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Kohl's Corp is a leading American retail chain that operates in the Mid-Tier Department Stores sector. The company was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin. Kohl's operates over 1,100 stores in 49 states of the USA, making it one of the largest department store chains in the country. The company offers a wide range of products, including apparel, footwear, accessories, home goods, and beauty products.

Kohl's is committed to sustainability and has set ambitious goals to reduce its carbon footprint. The company has implemented various initiatives to reduce its energy consumption, increase the use of renewable energy, and decrease its greenhouse gas emissions. Kohl's has been recognized for its sustainability efforts and has received numerous awards and certifications.

Decarbonisation is a key focus area for Kohl's. The company has set a goal to reduce its greenhouse gas emissions by 50% by 2025, compared to its 2019 baseline. To achieve this goal, Kohl's is implementing various measures to reduce its energy consumption, such as upgrading lighting systems, optimizing HVAC systems, and installing energy-efficient equipment. Kohl's has also implemented a waste reduction program to minimize its environmental impact.

Corporate energy is another area of focus for Kohl's. The company has implemented a comprehensive energy management program to optimize its energy use and reduce costs. Kohl's has also entered into corporate power purchase agreements (PPAs) to increase its use of renewable energy. In 2019, Kohl's signed a PPA for 200 MW of wind energy, which is expected to provide 50% of the company's energy needs. This PPA is one of the largest renewable energy agreements in the retail industry.

Kohl's is committed to increasing its use of renewable energy. The company has set a goal to achieve 100% renewable energy by 2030. To achieve this goal, Kohl's is investing in renewable energy projects, such as solar and wind, and is exploring new technologies, such as energy storage. Kohl's is also working with its suppliers to encourage them to use renewable energy and reduce their environmental impact.

Corporate PPAs are an important part of Kohl's renewable energy strategy. These agreements allow the company to purchase renewable energy directly from a project developer, often at a lower cost than traditional energy sources. Corporate PPAs also provide long-term price stability and reduce the company's exposure to volatile energy markets. Kohl's has been a leader in the use of corporate PPAs in the retail industry and has signed several agreements in recent years.

In conclusion, Kohl's Corp is a leading American retail chain that is committed to sustainability and reducing its environmental impact. The company has set ambitious goals to reduce its carbon footprint, increase its use of renewable energy, and optimize its energy use. Kohl's has implemented various initiatives to achieve these goals, such as upgrading lighting systems, optimizing HVAC systems, and signing corporate PPAs. The company's sustainability efforts have been recognized by various awards and certifications, and Kohl's is a leader in the use of renewable energy and corporate PPAs in the retail industry.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member