Potential offtaker

Banca Generali S.p.A.

www.bancagenerali.com

Estimated electricity consumption

N/A

Countries of production presence

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Banca Generali Spa is a leading private banking institution in Italy that has been providing financial services to high net worth individuals and families since 2000. The bank has a strong reputation for its innovative approach to wealth management and its commitment to sustainability. Banca Generali is headquartered in Trieste, Italy, and has a network of over 100 branches across the country.

Decarbonisation is a key focus area for Banca Generali. The bank recognizes the urgent need to reduce carbon emissions and transition to a low-carbon economy to mitigate the impact of climate change. Banca Generali has set ambitious targets to reduce its own carbon footprint and support its clients in their decarbonisation efforts.

One of the ways Banca Generali is contributing to decarbonisation is through its corporate energy program. The bank has implemented energy efficiency measures in its buildings and operations, such as installing LED lighting and optimizing HVAC systems. Banca Generali has also invested in renewable energy sources, such as solar panels and wind turbines, to generate clean energy for its own use.

In addition to reducing its own carbon footprint, Banca Generali is also supporting its clients in their decarbonisation efforts through its corporate power purchase agreement (PPA) program. A corporate PPA is a long-term contract between a company and a renewable energy provider to purchase a fixed amount of clean energy at a fixed price. By entering into a corporate PPA, companies can reduce their carbon emissions and secure a stable and predictable source of energy.

Banca Generali has been instrumental in facilitating corporate PPAs for its clients. The bank has a team of experts who work with clients to identify suitable renewable energy projects and negotiate favorable terms for the PPA. Banca Generali also provides financing solutions to help clients fund their renewable energy projects.

Renewable energy is a key focus area for Banca Generali. The bank recognizes the potential of renewable energy to reduce carbon emissions and create a more sustainable future. Banca Generali has invested in renewable energy projects, such as wind and solar farms, and has also provided financing solutions for renewable energy projects.

Banca Generali has a strong commitment to sustainability and has been recognized for its efforts in this area. The bank has been included in the Dow Jones Sustainability Index for the past five years, which recognizes companies that demonstrate leadership in sustainability. Banca Generali has also been recognized for its commitment to gender equality and diversity, and has been included in the FTSE4Good Index.

In conclusion, Banca Generali Spa is a leading private banking institution in Italy that is committed to sustainability and decarbonisation. The bank has implemented energy efficiency measures and invested in renewable energy sources to reduce its own carbon footprint. Banca Generali has also supported its clients in their decarbonisation efforts through its corporate PPA program and financing solutions for renewable energy projects. Banca Generali's commitment to sustainability has been recognized through its inclusion in the Dow Jones Sustainability Index and the FTSE4Good Index.

✓ Declared Net Zero commitment