Potential offtaker

Unite Group

www.unitestudents.com

Estimated electricity consumption

N/A

Countries of production presence

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Unite Group is a leading provider of student accommodation in the United Kingdom. The company operates in the Student Housing REIT sector and has a portfolio of properties in key university cities across the country. Unite Group has a strong commitment to sustainability and is actively pursuing decarbonisation initiatives to reduce its carbon footprint.

One of the key areas of focus for Unite Group is corporate energy. The company has implemented a number of measures to reduce its energy consumption and increase efficiency. This includes the installation of energy-efficient lighting and heating systems, as well as the use of smart meters to monitor and manage energy usage.

Unite Group is also exploring the use of corporate power purchase agreements (PPAs) to source renewable energy. A corporate PPA is a long-term agreement between a company and a renewable energy provider, which guarantees a fixed price for the energy generated. This allows companies to secure a reliable source of renewable energy and reduce their reliance on fossil fuels.

In 2020, Unite Group signed a corporate PPA with a wind farm in Scotland. The agreement will provide the company with 10% of its electricity needs from renewable sources, helping to reduce its carbon footprint and support the transition to a low-carbon economy.

In addition to its focus on corporate energy, Unite Group is also committed to decarbonisation across its operations. The company has set ambitious targets to reduce its carbon emissions, including a goal to achieve net-zero carbon emissions by 2030.

To achieve this goal, Unite Group is implementing a range of decarbonisation initiatives, including the use of renewable energy, energy-efficient building design, and the adoption of low-carbon transport options. The company is also exploring the use of carbon offsetting to further reduce its carbon footprint.

Unite Group's commitment to sustainability is reflected in its approach to property development and management. The company designs and builds its properties to the highest environmental standards, using sustainable materials and energy-efficient technologies. This not only reduces the environmental impact of its operations but also provides a better living experience for students.

In addition to its sustainability initiatives, Unite Group is also committed to social responsibility. The company has a strong focus on supporting the local communities in which it operates, and works closely with universities and other stakeholders to provide a safe and supportive environment for students.

Overall, Unite Group is a leading player in the Student Housing REIT sector, with a strong commitment to sustainability and social responsibility. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is helping to drive the transition to a low-carbon economy and create a better future for students and communities across the United Kingdom.

✓ Re100 member
✓ Science Based Targets member
✓ Declared Net Zero commitment