SILAB is a French company that specializes in the development, production, and marketing of natural active ingredients for the cosmetics industry. Founded in 1984, the company has grown into a global leader in the field, with a presence in over 90 countries worldwide. SILAB's products are known for their high quality, efficacy, and safety, and are used by some of the world's leading cosmetics brands.

In recent years, SILAB has made a concerted effort to reduce its carbon footprint and transition to renewable energy sources. The company recognizes the urgent need to address climate change and is committed to playing its part in decarbonizing the economy. To this end, SILAB has implemented a number of initiatives aimed at reducing its energy consumption and emissions.

One of the key strategies that SILAB has adopted is the use of corporate power purchase agreements (PPAs) to source renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time. By entering into a PPA, companies like SILAB can secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

SILAB has entered into several corporate PPAs in recent years, including agreements to purchase wind and solar power from renewable energy providers in France and Spain. These agreements have enabled SILAB to significantly reduce its carbon footprint and increase its use of renewable energy. In 2019, SILAB sourced 100% of its electricity from renewable sources, and the company has set a target to reduce its carbon emissions by 50% by 2030.

In addition to its use of corporate PPAs, SILAB has implemented a range of other measures to reduce its energy consumption and emissions. These include the installation of energy-efficient lighting and heating systems in its facilities, the use of electric vehicles for transportation, and the implementation of a comprehensive energy management system. SILAB has also invested in renewable energy projects, including the installation of solar panels on the roof of its headquarters in Saint-Viance, France.

SILAB's commitment to decarbonisation and renewable energy has not only helped to reduce its environmental impact, but has also provided a range of other benefits. By reducing its energy consumption and sourcing renewable energy, SILAB has been able to reduce its energy costs and increase its competitiveness. The company's focus on sustainability has also helped to enhance its reputation and appeal to customers who are increasingly concerned about the environmental impact of the products they use.

Overall, SILAB is a company that is leading the way in the transition to a low-carbon economy. Its use of corporate PPAs and other measures to reduce its energy consumption and emissions demonstrate a strong commitment to sustainability and a recognition of the urgent need to address climate change. By continuing to invest in renewable energy and decarbonisation, SILAB is not only helping to protect the planet, but is also positioning itself for long-term success in a rapidly changing business environment.