Lacoste is a French apparel design company that was founded in 1933 by tennis player René Lacoste and André Gillier. The company is known for its iconic green crocodile logo, which is a symbol of the brand's heritage and values. Lacoste is a global brand that operates in over 120 countries, with a strong presence in Europe, North America, and Asia.

As a fashion company, Lacoste is aware of the impact that its operations have on the environment. The company has made a commitment to decarbonisation, which means reducing its carbon footprint and transitioning to a low-carbon economy. This commitment is in line with the Paris Agreement, which aims to limit global warming to below 2 degrees Celsius.

One of the ways that Lacoste is working towards decarbonisation is through its corporate energy strategy. The company is investing in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels. Lacoste has set a target to source 100% of its electricity from renewable sources by 2025. This will not only reduce the company's carbon emissions but also help to create a more sustainable energy system.

To achieve this target, Lacoste is exploring different options for sourcing renewable energy. One of these options is a corporate power purchase agreement (PPA), which is a long-term contract to buy renewable energy directly from a generator. This allows Lacoste to secure a stable and predictable supply of renewable energy, while also supporting the growth of the renewable energy sector.

In 2020, Lacoste signed its first corporate PPA with a wind farm in Spain. The agreement will provide Lacoste with 70% of its electricity needs in Spain, and will reduce the company's carbon emissions by 5,000 tonnes per year. Lacoste is also exploring other opportunities for corporate PPAs in other countries where it operates.

In addition to investing in renewable energy, Lacoste is also focused on improving the energy efficiency of its operations. The company has implemented a number of measures to reduce energy consumption in its stores, offices, and warehouses. These measures include LED lighting, energy-efficient heating and cooling systems, and smart building management systems.

Lacoste is also committed to reducing the environmental impact of its products. The company has set a target to use 100% sustainably sourced cotton by 2025, and is working to reduce the water and chemical usage in its production processes. Lacoste is also exploring new materials and technologies that can help to create more sustainable and circular products.

In addition to its environmental commitments, Lacoste is also focused on social responsibility. The company has a strong commitment to ethical and fair trade practices, and works closely with its suppliers to ensure that they meet high standards for social and environmental performance. Lacoste is also a member of the Better Cotton Initiative, which aims to improve the sustainability of cotton production worldwide.

Overall, Lacoste is a company that is committed to sustainability and social responsibility. The company's focus on decarbonisation, renewable energy, and sustainable products is in line with the growing demand for more sustainable and responsible fashion. As Lacoste continues to grow and expand its operations, it will be important for the company to maintain its commitment to sustainability and to continue to innovate and lead in this area.