Reconomy, a leading international circular economy specialist, has partnered with Bryt Energy to provide zero carbon, 100% renewable electricity across its UK business.
Bryt Energy, part of the Statkraft group, which is a leading international hydropower company and one of Europe’s largest generator of renewable energy, supplies British businesses with zero carbon, 100% renewable electricity, sourced solely from solar, wind and hydro power.
This partnership sees Reconomy meet its target of increasing its active annual sourcing of renewable electricity from 86% in 2021 to 100% by 2028, four years early in the UK and will help the company on its journey to reach net zero GHG (greenhouse gas) emissions across its value chain by 2040. The agreement was brokered by Adalta Energy and will deliver cost savings of around 20% and will provide real time data use through the installation of advanced 15 minute meters.
This milestone is a key component of Reconomy’s sustainable procurement strategy, which given the scale of the business, is critical to its wider sustainability strategy and to achieving key climate targets. In 2023, it appointed a group procurement director to lead and establish a strategic enterprise wide approach to procurement including the implementation of its Sustainable Procurement Policy based on the ISO 20400 Sustainable Procurement Guidance Standard.
Reconomy has several additional sustainable procurement initiatives underway across the business. In 2024, it transitioned 80% of its diesel cars to electric/hybrid vehicles and in 2025, it plans to go further by expanding office charging points and redesigning its company car fleet to accelerate the adoption of Battery Electric Vehicles (BEVs). Later in 2025, the company will look to recontract its gas supply and will leverage improved data insights to target further energy usage reductions.
Simon Dennett, international procurement category director, commented: ‘I am pleased that we agreed this partnership for 100% renewable electricity across our UK operations. All our international brands are aligned behind a single sustainable procurement strategy and this, along with many further exciting green initiatives underway, will help us advance sustainability, accelerate circularity and create a waste free world.’
Diane Crowe, group sustainability director, added: ‘As a business centred on accelerating the circular economy to tackle climate change, biodiversity loss and pollution, we are keen to demonstrate leadership in our industry. This partnership will help us in that mission and will support us on our journey to achieving our ambitious sustainability targets.’
Ian Brothwell, managing director of Bryt Energy, added: ‘We are delighted to be supplying Reconomy with zero carbon, 100% renewable electricity and supporting the company in its sustainability journey. We are excited to watch the business accelerate circularity and help businesses make better use of its resources and reduce waste.’
Ed Butler, of Adalta Energy, added: ‘We are delighted to have been able to support Reconomy Group with its transition to a renewable power supply and look forward to working in partnership with the business on future net zero projects.’
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