Provident Financial plc is a leading consumer finance company based in the United Kingdom. The company operates in the consumer finance sector, providing credit products and services to customers across the UK and Ireland. With a history dating back to 1880, Provident Financial has established itself as a trusted provider of financial solutions to millions of customers.

In recent years, Provident Financial has made a concerted effort to reduce its carbon footprint and promote sustainability across its operations. The company has recognized the importance of decarbonisation and has taken steps to reduce its energy consumption and transition to renewable energy sources.

One of the key ways that Provident Financial has tackled decarbonisation is through its corporate energy strategy. The company has implemented a range of energy-saving measures across its operations, including the installation of energy-efficient lighting and heating systems, and the use of smart meters to monitor and manage energy consumption.

In addition to these measures, Provident Financial has also invested in renewable energy technologies, such as solar panels and wind turbines, to generate clean energy on-site. These initiatives have helped the company to reduce its reliance on fossil fuels and lower its carbon emissions.

Another important aspect of Provident Financial's sustainability strategy is its use of corporate power purchase agreements (PPAs) to source renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the electricity generated by the provider's renewable energy facilities.

By entering into these agreements, Provident Financial is able to secure a reliable source of renewable energy at a predictable cost, while also supporting the growth of the renewable energy industry. The company has signed several PPAs in recent years, including agreements to purchase wind power from a Scottish wind farm and solar power from a UK-based solar park.

In addition to its efforts to reduce its own carbon footprint, Provident Financial is also committed to promoting sustainability across its supply chain. The company works closely with its suppliers to ensure that they meet its environmental and social standards, and encourages them to adopt sustainable practices wherever possible.

Overall, Provident Financial's commitment to decarbonisation and sustainability is a testament to its dedication to responsible business practices. By investing in renewable energy and implementing energy-saving measures, the company is not only reducing its environmental impact, but also demonstrating its commitment to creating a more sustainable future for all.