Potential offtaker

Moonpig Group plc

www.moonpig.com

Estimated electricity consumption

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Countries of production presence

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Moonpig Group plc is a leading online retailer based in the United Kingdom that specializes in personalized greeting cards, gifts, and flowers. The company was founded in 2000 and has since become a household name, known for its innovative and convenient approach to gift-giving. Moonpig Group plc operates in the Specialty Online Retailers sector and has a strong focus on sustainability, decarbonisation, and renewable energy.

The company is committed to reducing its carbon footprint and has set ambitious targets to achieve net-zero carbon emissions by 2040. To achieve this, Moonpig Group plc has implemented a range of measures to reduce its energy consumption and transition to renewable energy sources. The company has invested in corporate energy initiatives, including the installation of solar panels at its production facilities, and has implemented energy-efficient lighting and heating systems.

Moonpig Group plc has also entered into corporate power purchase agreements (PPAs) with renewable energy providers to ensure a reliable and sustainable source of energy for its operations. The company has committed to sourcing 100% of its electricity from renewable sources by 2025, and the corporate PPA agreements are a key part of this strategy. By purchasing renewable energy directly from providers, Moonpig Group plc is supporting the growth of the renewable energy sector and contributing to the decarbonisation of the UK's energy system.

In addition to its corporate energy initiatives, Moonpig Group plc is also committed to reducing its carbon emissions through sustainable transportation. The company has implemented a range of measures to reduce the environmental impact of its delivery fleet, including the use of electric vehicles and the optimization of delivery routes to reduce fuel consumption.

Moonpig Group plc's commitment to sustainability extends beyond its own operations and into its supply chain. The company works closely with its suppliers to ensure that they meet its high standards for sustainability and ethical practices. Moonpig Group plc has implemented a supplier code of conduct that outlines its expectations for suppliers in areas such as environmental performance, labor standards, and human rights.

Overall, Moonpig Group plc is a leader in the online retail sector, known for its innovative approach to personalized gifting and its commitment to sustainability. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is a testament to its commitment to reducing its environmental impact and contributing to a more sustainable future. With its ambitious targets and ongoing efforts to improve its sustainability performance, Moonpig Group plc is setting an example for other companies in the sector to follow.

✓ Science Based Targets member
✓ Declared Net Zero commitment