Potential offtaker

WH Smith PLC

www.whsmith.co.uk

Estimated electricity consumption

N/A

Countries of production presence

N/A

WH Smith PLC is a leading retailer in the United Kingdom that operates in the book stores sector. The company has a long history, dating back to 1792, when it was founded by Henry Walton Smith and his wife Anna. Over the years, the company has grown and expanded its operations, becoming a household name in the UK.

In recent years, WH Smith has been taking steps to reduce its carbon footprint and become more sustainable. The company has recognized the importance of decarbonisation and is committed to playing its part in the fight against climate change. This has led to a number of initiatives aimed at reducing the company's environmental impact.

One of the key areas of focus for WH Smith has been corporate energy. The company has been working to reduce its energy consumption and increase the use of renewable energy sources. This has included measures such as installing energy-efficient lighting and heating systems in stores, as well as investing in renewable energy technologies such as solar panels.

In addition to reducing its energy consumption, WH Smith has also been exploring the use of corporate power purchase agreements (PPAs) to source renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which allows the company to purchase renewable energy at a fixed price over a set period of time. This provides the company with a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

WH Smith has already signed a number of corporate PPAs, including a 10-year agreement with a wind farm in Scotland. This will provide the company with 100% renewable electricity for its stores and offices in Scotland, helping to reduce its carbon footprint and support the growth of renewable energy in the UK.

In addition to these initiatives, WH Smith has also been working to reduce its use of single-use plastics and increase recycling in its stores. The company has introduced a range of reusable products, such as water bottles and coffee cups, and has implemented recycling schemes in its stores to reduce waste.

Overall, WH Smith's commitment to sustainability and decarbonisation is a positive step towards a more sustainable future. By investing in renewable energy and reducing its environmental impact, the company is setting an example for other retailers to follow. As the world continues to face the challenges of climate change, it is important that companies like WH Smith take action to reduce their carbon footprint and support the transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment