In a significant stride towards sustainability, the Shoprite Group has elevated its renewable energy consumption by nearly twofold, reaching 103,234MWh compared to the previous year’s 54,138MWh. This impressive achievement stems from a 91% increase in acquiring renewable energy from landlords and other suppliers. The retail giant has concurrently slashed electricity consumption by 161 million kWh through an LED lamp replacement initiative and boasts solar-panel installations covering the equivalent of more than 26 soccer fields. The company’s commitment involves investing significantly in reducing its carbon footprint across operations and prioritizing energy consumption. Raghubir outlines the Group’s three-pronged approach, which encompasses consumption reduction, expanding renewable capacity, and collaborative electricity purchases with independent power producers (IPPs).

Source: The North Africa Journal December 28, 2023 11:44 UTC