Potential offtaker

AMP Limited

www.amp.com.au

Estimated electricity consumption

N/A

Countries of production presence

N/A

AMP LTD is a leading Australian company that operates in the Wealth Management sector. The company has a rich history and has been in operation for over 160 years. It has grown to become one of the largest financial services companies in Australia, with a focus on providing a range of financial products and services to its clients. The company has a strong commitment to sustainability and is actively involved in decarbonisation efforts to reduce its carbon footprint and promote renewable energy.

One of the key areas of focus for AMP LTD is corporate energy. The company recognizes the importance of reducing its energy consumption and has implemented a range of initiatives to achieve this goal. These initiatives include the use of energy-efficient lighting and appliances, the installation of solar panels, and the implementation of energy management systems. By reducing its energy consumption, AMP LTD is not only reducing its carbon footprint but also saving money on energy costs.

In addition to reducing its energy consumption, AMP LTD is also committed to promoting renewable energy. The company has invested in a range of renewable energy projects, including wind and solar farms. These projects not only help to reduce the company's carbon footprint but also contribute to the development of the renewable energy sector in Australia.

One of the ways in which AMP LTD is promoting renewable energy is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider. The company agrees to purchase a certain amount of renewable energy from the provider over a specified period, usually 10-20 years. By entering into a PPA, AMP LTD is not only supporting the development of renewable energy but also securing a long-term, stable source of energy for its operations.

AMP LTD is also actively involved in decarbonisation efforts. Decarbonisation refers to the process of reducing carbon emissions to mitigate the effects of climate change. The company has set ambitious targets to reduce its carbon footprint and has implemented a range of initiatives to achieve these targets. These initiatives include the use of renewable energy, energy-efficient technologies, and the implementation of sustainable practices across its operations.

One of the key initiatives that AMP LTD has implemented to reduce its carbon footprint is the use of electric vehicles (EVs). The company has a fleet of EVs that are used for business travel, reducing the carbon emissions associated with traditional petrol and diesel vehicles. The company has also implemented a range of measures to promote sustainable transport, including the provision of bicycle parking and the installation of EV charging stations.

In addition to its commitment to sustainability, AMP LTD is also focused on delivering value to its clients. The company offers a range of financial products and services, including superannuation, investments, insurance, and banking. These products and services are designed to help clients achieve their financial goals and secure their financial future.

AMP LTD has a strong reputation for innovation and has been at the forefront of the financial services industry in Australia for many years. The company is committed to delivering innovative solutions that meet the evolving needs of its clients. This commitment to innovation is reflected in the company's use of technology to deliver its products and services, including the use of mobile apps and online platforms.

In conclusion, AMP LTD is a leading Australian company that operates in the Wealth Management sector. The company has a strong commitment to sustainability and is actively involved in decarbonisation efforts to reduce its carbon footprint and promote renewable energy. The company is also focused on delivering value to its clients through a range of financial products and services. With its strong reputation for innovation and commitment to sustainability, AMP LTD is well-positioned to continue to grow and succeed in the years to come.

✓ Declared Net Zero commitment