Potential offtaker

Metro AG

www.metroag.de

Estimated electricity consumption

N/A

Countries of production presence

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METRO AG is a leading international retail company headquartered in Germany, with a presence in over 30 countries worldwide. The company operates in the Traditional Supermarkets sector, offering a wide range of products and services to customers in both the wholesale and retail markets. METRO AG is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy.

Decarbonisation is a key focus for METRO AG, as the company recognizes the urgent need to address climate change and reduce greenhouse gas emissions. The company has set a target to reduce its carbon footprint by 50% by 2030, compared to a 2011 baseline. To achieve this goal, METRO AG is implementing a range of measures to improve energy efficiency, reduce waste, and promote sustainable practices across its operations.

Corporate energy is another important area of focus for METRO AG, as the company seeks to reduce its reliance on fossil fuels and transition to renewable energy sources. The company has set a target to source 80% of its electricity from renewable sources by 2030, and is investing in a range of renewable energy projects to achieve this goal. METRO AG is also exploring the use of new technologies such as energy storage and smart grids to optimize its energy use and reduce its carbon footprint.

Corporate power purchase agreements (PPAs) are a key part of METRO AG's strategy to increase its use of renewable energy. PPAs allow companies to purchase renewable energy directly from generators, often at a lower cost than traditional electricity sources. METRO AG has signed several corporate PPAs with renewable energy providers, including wind and solar projects in Germany and other countries. These agreements not only help the company reduce its carbon footprint, but also provide a stable source of renewable energy for its operations.

Renewable energy is a major focus for METRO AG, as the company seeks to reduce its carbon footprint and promote sustainable practices across its operations. The company is investing in a range of renewable energy projects, including wind, solar, and geothermal energy, to increase its use of renewable energy and reduce its reliance on fossil fuels. METRO AG is also exploring new technologies such as energy storage and smart grids to optimize its energy use and reduce its carbon footprint.

In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, METRO AG is also committed to promoting sustainable practices across its operations. The company has set a target to reduce its waste by 50% by 2030, and is implementing a range of measures to improve waste management and promote recycling. METRO AG is also committed to promoting sustainable sourcing practices, and has set a target to source 100% of its own-brand products sustainably by 2030.

Overall, METRO AG is a leading international retail company that is committed to sustainability and reducing its carbon footprint. The company's focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy is helping it to achieve its sustainability goals and promote sustainable practices across its operations. With its ambitious targets and innovative approach to sustainability, METRO AG is setting a strong example for other companies in the Traditional Supermarkets sector and beyond.

✓ Science Based Targets member
✓ Declared Net Zero commitment