Warehouse Group is a New Zealand-based retail company that operates in the convenience store sector. The company has a strong commitment to sustainability and has been actively working towards decarbonisation and reducing its carbon footprint. Warehouse Group has been implementing various initiatives to achieve its sustainability goals, including corporate energy management, corporate power purchase agreements (PPAs), and renewable energy adoption.

Corporate Energy Management

Warehouse Group has been focusing on reducing its energy consumption and improving energy efficiency in its operations. The company has implemented various energy-saving measures, such as installing LED lighting, upgrading HVAC systems, and using energy-efficient equipment. Warehouse Group has also been monitoring its energy use and identifying areas where energy consumption can be reduced.

The company has set a target to reduce its energy consumption by 20% by 2025, compared to its 2018 baseline. Warehouse Group has been working towards achieving this target by implementing energy-saving measures and investing in renewable energy.

Corporate Power Purchase Agreements (PPAs)

Warehouse Group has been actively pursuing corporate PPAs to support its renewable energy goals. The company has signed a long-term PPA with Mercury Energy, a New Zealand-based renewable energy provider. Under the PPA, Warehouse Group will purchase renewable energy from Mercury Energy to power its stores and distribution centers.

The PPA will help Warehouse Group to reduce its carbon footprint and support the development of renewable energy infrastructure in New Zealand. The company has also been exploring other PPA opportunities to further support its renewable energy goals.

Renewable Energy Adoption

Warehouse Group has been investing in renewable energy to reduce its reliance on fossil fuels and support the transition to a low-carbon economy. The company has installed solar panels on the roofs of its stores and distribution centers to generate renewable energy. The solar panels have helped Warehouse Group to reduce its energy costs and carbon footprint.

The company has also been exploring other renewable energy options, such as wind and geothermal energy. Warehouse Group has set a target to generate 30% of its energy from renewable sources by 2025, compared to its 2018 baseline.

Decarbonisation

Warehouse Group has been working towards decarbonisation to reduce its greenhouse gas emissions and support the transition to a low-carbon economy. The company has set a target to reduce its Scope 1 and 2 greenhouse gas emissions by 30% by 2025, compared to its 2018 baseline.

Warehouse Group has been implementing various decarbonisation initiatives, such as energy-saving measures, renewable energy adoption, and electric vehicle (EV) adoption. The company has been transitioning its delivery fleet to EVs to reduce its emissions from transportation.

Conclusion

Warehouse Group is a New Zealand-based retail company that operates in the convenience store sector. The company has a strong commitment to sustainability and has been actively working towards decarbonisation and reducing its carbon footprint. Warehouse Group has been implementing various initiatives to achieve its sustainability goals, including corporate energy management, corporate PPAs, and renewable energy adoption.

The company has set ambitious targets to reduce its energy consumption and greenhouse gas emissions and increase its renewable energy generation. Warehouse Group's sustainability efforts are not only beneficial for the environment but also help the company to reduce its energy costs and improve its operational efficiency.