H&M

H&M Group partnered with Lightsource bp and Schroders Greencoat as part of a multi-year power contract for new solar projects. Based on the partnership, ...

The solar projects became operational in December 2022, and ownership was transferred to a fund managed by Schroders Greencoat. “Renewable energy plays a crucial role in our climate roadmap to reduce emissions and achieve net-zero by 2040. Renewable power contracts like this can include varied tenors and provide much needed price predictability for corporates and businesses to help meet sustainability and decarbonisation targets, adds Lightsource bp.