Commercial, Demand Management, Energy Efficiency, Sourcing Renewables - May 2, 2016
Through credits, retailer H&M sourced 78% of electricity from renewables in 2015
Multinational retail clothing company H&M increased the amount of renewable energy used to power its stores, offices and warehouses globally to 78% in 2015 from 27% in 2014.
The company, which is a member of the RE100 initiative, said in its 2015 sustainability report that it is only using renewable electricity to power its operations wherever there are "credible renewable energy certificates" that meet H&M’s evaluation criteria for quality and impact. H&M said it purchases REC certificates in North America and GO certificates in Europe, where available.
"Besides this, we are are also expanding production of renewable electricity through windmills and solar panels on warehouses as well as IT data centres," H&M said in the report.
The company is also continuing work to increase energy efficiency at its our stores, with a target of reducing electricity use by 20% per store square meter by 2020, compared to a 2007 baseline.
Overall,, the company said. More from the report:
We will continue to focus on keeping our emissions as minimal as possible by further increasing our use of renewable electricity, promoting the availability of renewable electricity in markets where H&M’s criteria for renewable electricity are not considered met, and by further improving the electricity efficiency in H&M (brand) stores. Moreover, we will focus our efforts on promoting reduced climate impacts along our value chain.