Potential offtaker

The Spar Group Limited

www.spar.co.za

Estimated electricity consumption

N/A

Countries of production presence

N/A

SPAR Group Limited/The is a South African company that operates in the supermarket sector. Founded in 1963, the company has grown to become one of the largest retail chains in the country, with over 1,000 stores across Southern Africa. SPAR Group Limited/The is committed to sustainability and has taken significant steps towards decarbonisation and the adoption of renewable energy.

Corporate Energy

SPAR Group Limited/The is committed to reducing its carbon footprint and has implemented a number of initiatives to achieve this goal. The company has invested in energy-efficient lighting and refrigeration systems, which have significantly reduced its energy consumption. In addition, SPAR Group Limited/The has implemented a comprehensive energy management system that monitors and controls energy usage across all its stores.

Corporate PPA

SPAR Group Limited/The has also entered into a number of corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow the company to purchase renewable energy directly from the source, reducing its reliance on fossil fuels and helping to decarbonise its operations. By entering into these agreements, SPAR Group Limited/The is also supporting the growth of the renewable energy sector in South Africa.

Renewable Energy

SPAR Group Limited/The has made a significant investment in renewable energy, with a particular focus on solar power. The company has installed solar panels on the roofs of many of its stores, which generate clean energy and reduce the company's reliance on the grid. In addition, SPAR Group Limited/The has installed solar water heaters in many of its stores, which further reduce the company's energy consumption and carbon footprint.

Decarbonisation

SPAR Group Limited/The is committed to decarbonising its operations and has set ambitious targets to achieve this goal. The company has committed to reducing its carbon footprint by 50% by 2030, and has implemented a number of initiatives to achieve this target. In addition to its investments in renewable energy and energy-efficient systems, SPAR Group Limited/The has also implemented a comprehensive waste management system, which includes recycling and composting.

Conclusion

SPAR Group Limited/The is a leading supermarket chain in South Africa that is committed to sustainability and decarbonisation. The company has taken significant steps towards reducing its carbon footprint, including investing in energy-efficient systems, entering into corporate PPAs with renewable energy providers, and installing solar panels and water heaters in its stores. SPAR Group Limited/The has set ambitious targets to reduce its carbon footprint, and is well on its way to achieving these goals. By adopting renewable energy and reducing its reliance on fossil fuels, SPAR Group Limited/The is not only reducing its environmental impact, but is also supporting the growth of the renewable energy sector in South Africa.

✓ Declared Net Zero commitment