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. Two examples: We installed a photovoltaic system at the largest HUGO BOSS production site in Turkey and replaced the previous lighting with energy-efficient LED lighting in an office building at the HUGO BOSS headquarters in Metzingen.
Our photovoltaic systems
With five of our own photovoltaic systems, we also contribute to reducing CO2 emissions by generating renewable energy ourselves. In total, approx. 1,700 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 340 four-person households.
Certified green electricity
By switching to renewable electricity, we want to further reduce our CO2 footprint. By 2030, we aim to gradually increase the share to 100%. In total, 59% of the consumed electricity currently comes from renewable energy sources. At our headquarters in Metzingen, we have been using certified green electricity exclusively since 2017. Other locations in twelve countries also use green electricity.