Potential offtaker

THG plc

www.thg.com

Estimated electricity consumption

N/A

Countries of production presence

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THG PLC is a leading online retailer of cosmetics and beauty products based in the United Kingdom. The company operates a number of popular e-commerce websites, including Lookfantastic, Myprotein, and Glossybox, which offer a wide range of beauty and wellness products to customers around the world. With a strong commitment to sustainability and decarbonisation, THG PLC is leading the way in the cosmetics and beauty industry by implementing innovative solutions to reduce its carbon footprint and promote renewable energy.

One of the key ways in which THG PLC is working to reduce its carbon footprint is through the implementation of corporate energy strategies. The company has invested heavily in renewable energy sources, such as wind and solar power, to power its operations and reduce its reliance on fossil fuels. By sourcing renewable energy, THG PLC is able to reduce its greenhouse gas emissions and contribute to the global effort to combat climate change.

In addition to sourcing renewable energy, THG PLC has also implemented a number of corporate power purchase agreements (PPAs) to further support its decarbonisation efforts. Corporate PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for electricity over a period of several years. By entering into these agreements, THG PLC is able to secure a reliable source of renewable energy at a predictable cost, while also supporting the growth of the renewable energy industry.

THG PLC has also implemented a number of energy efficiency measures to reduce its overall energy consumption and further reduce its carbon footprint. These measures include the installation of energy-efficient lighting and heating systems, as well as the implementation of energy management systems to monitor and control energy use across its operations. By reducing its energy consumption, THG PLC is able to reduce its greenhouse gas emissions and contribute to the global effort to combat climate change.

In addition to its sustainability efforts, THG PLC is also committed to promoting social responsibility and ethical business practices. The company has implemented a number of initiatives to support its employees, including training and development programs, health and wellness initiatives, and a commitment to pay the living wage. THG PLC also supports a number of charitable causes, including the fight against child poverty and the promotion of mental health awareness.

Overall, THG PLC is a leading online retailer of cosmetics and beauty products that is committed to sustainability and decarbonisation. Through its investment in renewable energy sources, corporate PPAs, and energy efficiency measures, the company is working to reduce its carbon footprint and contribute to the global effort to combat climate change. With a strong commitment to social responsibility and ethical business practices, THG PLC is setting a positive example for other companies in the cosmetics and beauty industry and beyond.

✓ Science Based Targets member
✓ Declared Net Zero commitment