As part of our approach to energy management, we are continuously working on reducing the energy consumption of the entire Group in order to reduce CO2 emissions. With the help of the monitoring of technical building systems at our locations and the reporting of energy consumption in retail, we are able to quickly identify issues and potential improvements. In 2018, we introduced the GREENBUDGET program throughout the Group to promote environmental and energy-saving measures, which can be submitted by subsidiaries globally and are prioritized based on their economic and environmental impacts. One example: the savings from switching to LED lighting in some of our buildings at the location in Metzingen, Germany, and the location in Toronto, Canada, amount to approximately 1,200 MWh per year.
Our photovoltaic systems
With four of our own photovoltaic systems, we also contribute to reducing CO2 emissions by generating renewable energy ourselves. In total, approx. 939 MWh of green electricity is generated per year, the majority of which is consumed within the Company. This is equivalent to the annual consumption of around 188 four-person households.
Certified green electricity
By switching to renewable electricity, we want to further reduce our CO2 footprint. The power supply at the company's headquarters in Metzingen has consisted of 100% certified green electricity since 2017. Other locations in ten European countries also use green electricity. In total, 52% of the electricity consumed within the Group in 2020 came from renewable energy sources. This percentage increased significantly compared to previous years.HUGO BOSS plans to successively increase the share of electricity from renewable energy sources.
Environmentally conscious heating and cooling
The combined heat and power unit (CHP) at the Group headquarters, which was shut down in 2019, was dismantled in 2020 and replaced by two new heat pumps powered by green electricity. Thanks to this, heat can now be generated more efficiently and without the use of fossil fuels. At the same time, around 2,000 MWh of natural gas can be saved per year this way.