Potential offtaker

Migros Group

www.migros.ch

Estimated electricity consumption

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Countries of production presence

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Migros Group is one of Switzerland's largest retail companies, operating in the Specialty Online Retailers sector. The company was founded in 1925 by Gottlieb Duttweiler and has since grown to become a household name in Switzerland. Migros Group operates in various sectors, including retail, finance, and travel, and has a strong commitment to sustainability and decarbonisation.

In recent years, Migros Group has made significant strides in reducing its carbon footprint and promoting renewable energy. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented various initiatives to achieve these goals. One of the key initiatives is the decarbonisation of its operations, which involves reducing the carbon intensity of its products and services.

To achieve its decarbonisation goals, Migros Group has implemented a range of measures, including the use of renewable energy sources. The company has invested in solar panels and wind turbines to generate clean energy and has also entered into corporate power purchase agreements (PPAs) with renewable energy providers. These agreements enable Migros Group to purchase renewable energy directly from the source, thereby reducing its reliance on fossil fuels.

In addition to its use of renewable energy, Migros Group has also implemented various energy efficiency measures to reduce its energy consumption. The company has invested in energy-efficient lighting, heating, and cooling systems, and has also implemented energy management systems to monitor and control its energy use. These measures have not only reduced the company's carbon footprint but have also resulted in significant cost savings.

Migros Group's commitment to sustainability extends beyond its own operations. The company has also implemented various initiatives to promote sustainable practices among its suppliers and customers. For example, Migros Group has developed a sustainability rating system for its suppliers, which assesses their environmental and social performance. The company also offers a range of sustainable products and services to its customers, including organic food, eco-friendly cleaning products, and sustainable travel options.

Migros Group's commitment to sustainability and decarbonisation has not gone unnoticed. The company has received numerous awards and accolades for its sustainability efforts, including the Swiss Solar Prize and the Swiss Climate Award. Migros Group has also been recognized as a leader in corporate sustainability by various organizations, including the Dow Jones Sustainability Index and the Carbon Disclosure Project.

In conclusion, Migros Group is a Swiss retail company operating in the Specialty Online Retailers sector, with a strong commitment to sustainability and decarbonisation. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented various initiatives to achieve these goals, including the use of renewable energy sources, energy efficiency measures, and sustainable practices among its suppliers and customers. Migros Group's commitment to sustainability has been recognized through numerous awards and accolades, and the company continues to be a leader in corporate sustainability in Switzerland and beyond.