Saga PLC is a UK-based company that operates in the insurance brokers and services sector. The company was founded in 1951 and has since grown to become one of the largest insurance providers in the UK. Saga offers a range of insurance products, including car, home, travel, and health insurance, as well as a variety of other financial services.

In recent years, Saga has taken steps to address the issue of decarbonisation and reduce its carbon footprint. The company has implemented a number of initiatives to reduce its energy consumption and increase its use of renewable energy sources. One of these initiatives is the use of corporate power purchase agreements (PPAs) to source renewable energy.

Corporate PPAs are contracts between a company and a renewable energy provider that allow the company to purchase renewable energy directly from the provider. This allows the company to reduce its carbon footprint and support the growth of renewable energy sources. Saga has signed several corporate PPAs in recent years, including agreements with wind and solar energy providers.

In addition to its use of corporate PPAs, Saga has also implemented a number of other initiatives to reduce its energy consumption and increase its use of renewable energy. The company has installed solar panels on the roofs of its buildings, which generate renewable energy and reduce the amount of energy the company needs to purchase from the grid. Saga has also implemented energy efficiency measures, such as upgrading its lighting systems and installing energy-efficient HVAC systems.

Saga's commitment to decarbonisation and renewable energy is part of its broader corporate energy strategy. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. These targets include reducing its carbon emissions by 50% by 2030 and sourcing 100% of its electricity from renewable sources by 2025.

Saga's commitment to decarbonisation and renewable energy is driven by a number of factors. The company recognises the importance of addressing climate change and reducing its impact on the environment. It also recognises the business benefits of reducing its energy consumption and increasing its use of renewable energy sources. These benefits include cost savings, improved energy security, and enhanced brand reputation.

In addition to its commitment to decarbonisation and renewable energy, Saga is also committed to sustainability more broadly. The company has implemented a number of initiatives to reduce waste, promote recycling, and support sustainable sourcing practices. Saga also supports a number of charitable and community initiatives, including supporting local environmental projects and promoting sustainable tourism.

Overall, Saga PLC is a UK-based company that operates in the insurance brokers and services sector. The company has taken significant steps to address the issue of decarbonisation and reduce its carbon footprint. Saga has implemented a range of initiatives to reduce its energy consumption and increase its use of renewable energy sources, including the use of corporate PPAs. The company's commitment to decarbonisation and renewable energy is part of its broader corporate energy strategy, which includes ambitious targets to reduce its carbon emissions and increase its use of renewable energy sources. Saga's commitment to sustainability more broadly is reflected in its support for a range of charitable and community initiatives.