Potential offtaker

Tendam Retail S.A.

www.tendam.es

Estimated electricity consumption

N/A

Countries of production presence

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Tendam Retail S.A. is a leading Spanish fashion retailer that operates in the Specialty Apparel Stores sector. The company has a strong presence in Spain and other European countries, offering a wide range of clothing, footwear, and accessories for men, women, and children. Tendam Retail S.A. has a portfolio of well-known brands, including Cortefiel, Pedro del Hierro, Springfield, Women'secret, and Fifty Factory.

As a responsible corporate citizen, Tendam Retail S.A. is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050. To achieve these goals, Tendam Retail S.A. has implemented several initiatives to improve energy efficiency and increase the use of renewable energy.

One of the key initiatives that Tendam Retail S.A. has undertaken is corporate energy management. The company has implemented a comprehensive energy management system that monitors and controls energy consumption across its stores, warehouses, and offices. This system has helped Tendam Retail S.A. to identify areas of high energy consumption and implement measures to reduce energy waste.

Another important initiative that Tendam Retail S.A. has undertaken is the implementation of a corporate power purchase agreement (PPA) for renewable energy. The company has signed a long-term contract with a renewable energy provider to purchase a significant portion of its electricity from renewable sources. This has allowed Tendam Retail S.A. to reduce its carbon footprint and support the development of renewable energy projects.

Tendam Retail S.A. has also invested in renewable energy projects to increase the use of clean energy in its operations. The company has installed solar panels on the roofs of its stores and warehouses to generate electricity from the sun. This has helped Tendam Retail S.A. to reduce its reliance on grid electricity and lower its carbon emissions.

In addition to these initiatives, Tendam Retail S.A. has implemented several measures to improve energy efficiency in its stores. The company has installed LED lighting and energy-efficient HVAC systems to reduce energy consumption and improve the shopping experience for customers. Tendam Retail S.A. has also implemented a waste management system to reduce waste and increase recycling.

Tendam Retail S.A. has received several awards and recognitions for its commitment to sustainability and decarbonisation. The company has been included in the Dow Jones Sustainability Index for several years in a row, which recognises the world's leading sustainability-driven companies. Tendam Retail S.A. has also been recognised by the Carbon Disclosure Project for its leadership in climate action and transparency.

In conclusion, Tendam Retail S.A. is a leading Spanish fashion retailer that is committed to decarbonisation and reducing its carbon footprint. The company has implemented several initiatives to improve energy efficiency and increase the use of renewable energy, including corporate energy management, corporate PPAs, and renewable energy projects. Tendam Retail S.A. has received several awards and recognitions for its commitment to sustainability and decarbonisation, and it is a leader in the fashion industry in terms of sustainability and environmental responsibility.