Potential offtaker

The Gym Group plc

www.thegymgroup.com

Estimated electricity consumption

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Countries of production presence

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The Gym Group plc is a leading fitness and recreation center company based in the United Kingdom. It was founded in 2007 and has since grown to become one of the largest and most successful gym chains in the country. The company operates over 180 gyms across the UK, serving over 900,000 members.

The Gym Group plc is committed to sustainability and decarbonisation. The company recognizes the importance of reducing its carbon footprint and is taking steps to achieve this. One of the ways in which the company is working towards decarbonisation is by investing in renewable energy. The Gym Group plc has installed solar panels on the roofs of many of its gyms, which generate clean energy and reduce the company's reliance on fossil fuels.

In addition to investing in renewable energy, The Gym Group plc is also focused on reducing its energy consumption. The company has implemented a number of energy-saving measures, such as installing LED lighting and using energy-efficient equipment. These measures have not only helped to reduce the company's carbon footprint, but they have also resulted in significant cost savings.

Corporate energy is a key focus for The Gym Group plc. The company recognizes that energy is a major expense and is committed to managing its energy usage in a sustainable and cost-effective way. The Gym Group plc has implemented a number of initiatives to help manage its energy usage, such as monitoring energy consumption in real-time and using data analytics to identify areas where energy usage can be reduced.

Corporate power purchase agreements (PPAs) are also a key part of The Gym Group plc's sustainability strategy. The company has entered into several corporate PPAs with renewable energy providers, which enable it to purchase clean energy at a fixed price. These agreements not only help to reduce the company's carbon footprint, but they also provide price stability and reduce the company's exposure to energy price volatility.

The Gym Group plc is committed to being a responsible corporate citizen. The company recognizes that it has a responsibility to reduce its impact on the environment and is taking steps to achieve this. In addition to investing in renewable energy and reducing its energy consumption, The Gym Group plc is also focused on reducing waste and promoting recycling. The company has implemented a number of initiatives to reduce waste, such as using reusable water bottles and providing recycling bins in its gyms.

In conclusion, The Gym Group plc is a leading fitness and recreation center company that is committed to sustainability and decarbonisation. The company recognizes the importance of reducing its carbon footprint and is taking steps to achieve this, such as investing in renewable energy, reducing energy consumption, and entering into corporate PPAs. The Gym Group plc is also focused on being a responsible corporate citizen by reducing waste and promoting recycling. The company's commitment to sustainability is not only good for the environment, but it also helps to reduce costs and improve the bottom line.

✓ Science Based Targets member
✓ Declared Net Zero commitment