Potential offtaker

PayPoint Plc

www.paypoint.co.uk

Estimated electricity consumption

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Countries of production presence

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PayPoint Plc is a leading financial transaction processor based in the United Kingdom. The company operates in the financial transaction processors sector, providing payment solutions to businesses and consumers across the UK and Ireland. PayPoint Plc is committed to sustainability and has taken several steps to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for PayPoint Plc. The company has set ambitious targets to reduce its carbon emissions and become a net-zero carbon business by 2040. To achieve this goal, PayPoint Plc is investing in renewable energy and energy efficiency measures. The company has already made significant progress in reducing its carbon footprint, with a 38% reduction in carbon emissions since 2015.

Corporate energy is another area of focus for PayPoint Plc. The company is committed to reducing its energy consumption and promoting energy efficiency across its operations. PayPoint Plc has implemented several energy-saving measures, such as upgrading lighting systems, improving insulation, and installing energy-efficient equipment. These measures have not only reduced the company's carbon footprint but also resulted in significant cost savings.

Corporate power purchase agreements (PPAs) are a key part of PayPoint Plc's renewable energy strategy. The company has signed several PPAs with renewable energy providers, which enable it to purchase renewable energy at a fixed price over a long-term period. This approach provides PayPoint Plc with a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Renewable energy is a major focus area for PayPoint Plc. The company is committed to sourcing renewable energy wherever possible and has set a target to source 100% renewable electricity by 2025. PayPoint Plc is also exploring the use of renewable energy sources such as solar and wind power to power its operations. The company has already installed solar panels on the roof of its head office, which generate renewable energy and reduce the company's reliance on grid electricity.

In addition to its renewable energy initiatives, PayPoint Plc is also committed to reducing waste and promoting sustainable practices across its operations. The company has implemented a range of measures to reduce waste, including recycling programs and reducing the use of single-use plastics. PayPoint Plc is also working with suppliers to promote sustainable practices and reduce the environmental impact of its supply chain.

Overall, PayPoint Plc is a leading financial transaction processor that is committed to sustainability and decarbonisation. The company's focus on renewable energy, energy efficiency, and sustainable practices is not only good for the environment but also makes good business sense. By reducing its carbon footprint and promoting sustainable practices, PayPoint Plc is positioning itself as a leader in the transition to a low-carbon economy.

✓ Declared Net Zero commitment