Potential offtaker

The Sage Group plc

www.sage.com

Estimated electricity consumption

N/A

Countries of production presence

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SAGE GROUP PLC/THE is a leading enterprise software company based in the United Kingdom that provides business management solutions to small and medium-sized enterprises (SMEs) worldwide. The company was founded in 1981 and has since grown to become a global leader in the enterprise software sector, with operations in over 23 countries and more than 13,000 employees.

SAGE GROUP PLC/THE has a strong commitment to sustainability and decarbonisation, which is reflected in its corporate energy strategy. The company has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy sources in its operations. As part of this strategy, SAGE GROUP PLC/THE has implemented a number of initiatives to reduce its energy consumption and promote the use of renewable energy.

One of the key initiatives that SAGE GROUP PLC/THE has implemented is the use of corporate power purchase agreements (PPAs) for renewable energy. Corporate PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for renewable energy over a specified period. By using corporate PPAs, SAGE GROUP PLC/THE is able to secure a reliable and cost-effective source of renewable energy, while also reducing its carbon footprint.

In 2019, SAGE GROUP PLC/THE signed a corporate PPA with a wind farm in the United Kingdom, which will provide the company with 100% renewable energy for its operations in the country. The wind farm is expected to generate around 10GWh of renewable energy per year, which is equivalent to the annual energy consumption of around 3,000 homes. This initiative will help SAGE GROUP PLC/THE to reduce its carbon footprint by around 5,000 tonnes per year, which is equivalent to taking around 1,000 cars off the road.

SAGE GROUP PLC/THE has also implemented a number of other initiatives to promote the use of renewable energy in its operations. The company has installed solar panels on the roofs of its offices in the United Kingdom, which generate around 200,000 kWh of renewable energy per year. In addition, SAGE GROUP PLC/THE has implemented energy efficiency measures in its offices, such as LED lighting and energy-efficient heating and cooling systems, which have helped to reduce its energy consumption by around 20%.

SAGE GROUP PLC/THE is also committed to promoting sustainability and decarbonisation in its supply chain. The company has implemented a supplier code of conduct, which sets out its expectations for suppliers in relation to sustainability and ethical practices. The code of conduct includes requirements for suppliers to reduce their carbon footprint and promote the use of renewable energy in their operations.

In addition to its corporate energy strategy, SAGE GROUP PLC/THE is also committed to promoting sustainability and decarbonisation through its products and services. The company provides a range of business management solutions that help SMEs to reduce their environmental impact and promote sustainability. For example, SAGE GROUP PLC/THE's accounting software includes features that enable businesses to track and report on their carbon emissions, while its inventory management software helps businesses to reduce waste and improve resource efficiency.

Overall, SAGE GROUP PLC/THE is a leading enterprise software company that is committed to sustainability and decarbonisation. The company has implemented a range of initiatives to reduce its carbon footprint and promote the use of renewable energy, both in its own operations and in its supply chain. Through its products and services, SAGE GROUP PLC/THE is also helping SMEs to reduce their environmental impact and promote sustainability.

✓ Declared Net Zero commitment