Potential offtaker

Mercialys

www.mercialys.fr

Estimated electricity consumption

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Countries of production presence

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Mercialys is a French real estate investment trust (REIT) that specializes in the development and management of shopping centers. The company was founded in 2005 and is headquartered in Paris, France. Mercialys operates a portfolio of over 70 shopping centers across France, with a total gross leasable area of over 2.1 million square meters. The company's properties are home to a wide range of retailers, including supermarkets, fashion stores, restaurants, and entertainment venues.

Mercialys is committed to sustainability and has set ambitious targets for decarbonisation and the reduction of greenhouse gas emissions. The company has implemented a number of initiatives to reduce its carbon footprint, including the installation of solar panels on the roofs of its shopping centers, the use of LED lighting, and the implementation of energy-efficient heating and cooling systems. Mercialys has also implemented a comprehensive waste management program, which includes recycling and composting.

In addition to these initiatives, Mercialys has also implemented a corporate energy strategy, which includes the use of corporate power purchase agreements (PPAs) to source renewable energy. PPAs allow companies to purchase renewable energy directly from producers, rather than relying on the grid. Mercialys has signed several PPAs with renewable energy producers in France, which has allowed the company to significantly reduce its carbon footprint and increase its use of renewable energy.

One of Mercialys' most significant renewable energy projects is the installation of a large-scale solar power plant at its shopping center in Montauban. The plant, which was commissioned in 2019, has a capacity of 1.9 MW and is expected to generate over 2.3 GWh of electricity per year. This will allow Mercialys to reduce its carbon footprint by over 1,000 tons of CO2 per year, while also reducing its energy costs.

Mercialys has also implemented a number of initiatives to promote sustainable transportation, including the installation of electric vehicle charging stations at its shopping centers and the promotion of public transportation. The company has also implemented a comprehensive program to promote sustainable mobility among its employees, which includes the provision of electric bicycles and the promotion of carpooling.

In addition to its sustainability initiatives, Mercialys is also committed to social responsibility. The company has implemented a number of initiatives to support local communities, including the provision of space for community events and the support of local charities. Mercialys has also implemented a comprehensive program to promote diversity and inclusion, which includes the promotion of gender equality and the provision of training and development opportunities for all employees.

Mercialys is a leader in the shopping center REIT sector in France, and its commitment to sustainability and social responsibility has helped to differentiate the company from its competitors. The company's focus on decarbonisation and the use of renewable energy has allowed it to reduce its carbon footprint and increase its use of sustainable energy sources. Mercialys' commitment to social responsibility has also helped to build strong relationships with local communities and to promote a positive image of the company.

In conclusion, Mercialys is a French shopping center REIT that is committed to sustainability and social responsibility. The company has implemented a number of initiatives to reduce its carbon footprint, including the installation of solar panels, the use of LED lighting, and the implementation of energy-efficient heating and cooling systems. Mercialys has also implemented a corporate energy strategy, which includes the use of corporate PPAs to source renewable energy. The company's commitment to sustainability and social responsibility has helped to differentiate it from its competitors and to build strong relationships with local communities.

✓ Science Based Targets member
✓ Declared Net Zero commitment