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Lords Group Trading has signed a contract with the Sustainable Energy Consortium to source renewable energy as part of its drive towards net zero.
The new contract will significantly reduce its Scope 2 market-based emissions to close to zero on its premises by purchasing renewable electricity backed by recognised energy certification.
As part of its net zero drive, Lords Group Trading is also installing solar panels on its buildings as part of a phased programme and is replacing its lighting with energy efficient LED fittings across all its sites. In addition, 92% of its company provided cars are electric or hybrid, with plans to start a trial for an electric HGV truck later this year.
The consortium brings together a network of renewable energy generators, including wind, solar and hydro to form a robust portfolio of clean power. Using this range of assets, it provides customers with access to traceable, REGO-backed green energy.
Lords Group chief financial officer, Stuart Kilpatrick, said: “By joining the Sustainable Energy First Consortium, we have secured competitive energy pricing to protect the business from electricity price fluctuations, while positively contributing to the environment and reinforcing our commitment to decarbonisation as we make significant progress on our Net Zero journey.”
