As one of the largest global consumer goods companies, P&G operates a diverse portfolio of renewable electricity sources, such as Virtual Power Purchase Agreements (VPPAs), Power Purchase Agreements (PPAs), and unbundled Environmental Attribute Certificates (EACs). P&G requires efficient and accurate data management as well as credible reporting of renewable energy usage to help manage the complexities of a growing global portfolio.

P&G engaged Flexidao to help effectively tackle these challenges via accurate tracking and reporting mechanisms and tools. This partnership focused on enhancing P&G’s ability to monitor and manage its renewable electricity portfolio and to transparently communicate its renewable electricity usage digitally.

The collaboration began with a comprehensive review of P&G's existing renewable electricity portfolio and tracking in the platform.

Key Implementation Steps:

1. Assessment of Energy Portfolio: P&G, with Flexidao's support, conducted a thorough evaluation of its energy consumption and renewable electricity contracts across its global operations.
2. Data Tracking Initiatives: The partnership implemented systems to enable digitized tracking of renewable electricity consumption, facilitating accurate reporting and compliance.
3. Continuous Improvement: Ongoing collaboration allowed for regular assessments and adjustments to renewable electricity procurement strategies through a clear innovation roadmap that anticipates and reacts to evolving market conditions and regulatory requirements.

This partnership has helped P&G improve data tracking and digitization and build its reporting capabilities with more accurate and transparent reports on renewable energy usage. The streamlined process has enabled P&G to continue to make progress towards its sustainability ambitions while driving business value from operational efficiency.