Potential offtaker

Westwing Group AG

www.westwing.com

Estimated electricity consumption

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Countries of production presence

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Westwing Group AG is a German-based company that operates in the home and office products online sector. The company was founded in 2011 and has since grown to become one of the leading e-commerce platforms for home and living products in Europe. Westwing Group AG is committed to sustainability and has taken significant steps towards decarbonisation and the use of renewable energy sources.

The company's commitment to sustainability is reflected in its corporate energy strategy. Westwing Group AG has implemented a comprehensive energy management system that includes the use of renewable energy sources and the reduction of energy consumption. The company has set ambitious targets for reducing its carbon footprint and has implemented a range of measures to achieve these targets.

One of the key initiatives that Westwing Group AG has undertaken in its pursuit of decarbonisation is the implementation of a corporate power purchase agreement (PPA). A PPA is a long-term contract between a renewable energy generator and a corporate buyer, in which the buyer agrees to purchase a specified amount of renewable energy at a fixed price. Westwing Group AG has entered into a PPA with a wind farm in Spain, which will supply the company with 100% renewable energy for its operations in Germany.

The PPA is a significant milestone for Westwing Group AG, as it not only reduces the company's carbon footprint but also provides a stable and predictable source of energy for its operations. The PPA also demonstrates the company's commitment to supporting the growth of renewable energy and the transition to a low-carbon economy.

In addition to the PPA, Westwing Group AG has implemented a range of other measures to reduce its energy consumption and carbon footprint. The company has invested in energy-efficient lighting and heating systems, and has implemented a range of measures to reduce energy consumption in its warehouses and offices. The company has also implemented a range of measures to reduce its carbon emissions from logistics, including the use of electric vehicles and the optimization of transport routes.

Westwing Group AG's commitment to sustainability is not limited to its energy strategy. The company has also implemented a range of measures to reduce its environmental impact across its operations. The company has implemented a range of measures to reduce waste, including the use of reusable packaging and the recycling of materials. The company has also implemented a range of measures to reduce its water consumption, including the installation of water-saving devices in its offices and warehouses.

Westwing Group AG's commitment to sustainability is not only good for the environment but also good for business. The company's sustainability initiatives have helped to reduce its operating costs and improve its efficiency. The company's commitment to sustainability has also helped to enhance its reputation and attract customers who are increasingly concerned about the environmental impact of their purchases.

In conclusion, Westwing Group AG is a German-based company that operates in the home and office products online sector. The company is committed to sustainability and has taken significant steps towards decarbonisation and the use of renewable energy sources. The company's corporate energy strategy includes the implementation of a corporate power purchase agreement (PPA) with a wind farm in Spain, as well as a range of other measures to reduce energy consumption and carbon emissions across its operations. Westwing Group AG's commitment to sustainability is not only good for the environment but also good for business, and has helped to enhance the company's reputation and attract customers who are increasingly concerned about the environmental impact of their purchases.