Potential offtaker

SOK Corporation

www.s-kanava.fi

Estimated electricity consumption

N/A

Countries of production presence

N/A

SOK Corporation is a Finnish company that operates in the Other Spec Retail - Discr sector. The company is committed to sustainability and has taken several steps towards decarbonisation, including investing in renewable energy and implementing corporate energy and corporate power purchase agreement (PPA) strategies.

SOK Corporation is a cooperative company that was founded in 1904. The company operates in the retail and service sectors, with a focus on grocery stores, service stations, and travel services. The company has over 1,600 outlets in Finland and employs over 20,000 people.

SOK Corporation is committed to sustainability and has set ambitious targets to reduce its carbon footprint. The company has a comprehensive sustainability strategy that focuses on reducing emissions, conserving resources, and promoting sustainable practices.

One of the key initiatives that SOK Corporation has undertaken to reduce its carbon footprint is investing in renewable energy. The company has invested in several wind and solar projects in Finland and has set a target to produce 100% of its electricity from renewable sources by 2025.

In addition to investing in renewable energy, SOK Corporation has implemented corporate energy and corporate PPA strategies. These strategies involve the company purchasing renewable energy directly from energy producers and using it to power its operations. By doing so, the company is able to reduce its carbon footprint and support the growth of renewable energy in Finland.

SOK Corporation has also implemented several energy efficiency measures to reduce its energy consumption. The company has invested in energy-efficient lighting, heating, and cooling systems, and has implemented a comprehensive energy management system to monitor and optimize its energy use.

Another key initiative that SOK Corporation has undertaken to reduce its carbon footprint is promoting sustainable transportation. The company has invested in electric vehicle charging infrastructure at its service stations and has introduced a fleet of electric vehicles for its delivery operations. By promoting sustainable transportation, the company is able to reduce its emissions and support the growth of the electric vehicle market in Finland.

SOK Corporation has also implemented several waste reduction and recycling initiatives. The company has set a target to reduce its waste generation by 20% by 2025 and has implemented a comprehensive waste management system to achieve this goal. The company also encourages its customers to recycle by providing recycling facilities at its stores and service stations.

In addition to its sustainability initiatives, SOK Corporation is committed to social responsibility. The company has a comprehensive code of conduct that outlines its commitment to ethical business practices, human rights, and labor rights. The company also supports several social and environmental initiatives, including education, health, and environmental conservation programs.

Overall, SOK Corporation is a leading Finnish company that is committed to sustainability and has taken several steps towards decarbonisation. The company's investment in renewable energy, implementation of corporate energy and corporate PPA strategies, and promotion of sustainable transportation and waste reduction initiatives are all contributing to its goal of reducing its carbon footprint and promoting sustainable practices.