Potential offtaker

Bendigo and Adelaide Bank Limited

www.bendigobank.com.au

Estimated electricity consumption

N/A

Countries of production presence

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Bendigo and Adelaide Bank Limited is a leading Australian banking institution that has been serving the needs of customers for over 160 years. The bank operates in the Banks sector and has a strong focus on sustainability, with a commitment to decarbonisation and the use of renewable energy.

The bank has recognized the importance of reducing its carbon footprint and has set ambitious targets to achieve this. Bendigo and Adelaide Bank has committed to becoming carbon neutral by 2020 and has implemented a range of measures to achieve this goal. The bank has invested in renewable energy projects, implemented energy efficiency measures, and engaged with its employees and customers to promote sustainable practices.

One of the key initiatives that Bendigo and Adelaide Bank has undertaken to reduce its carbon footprint is the implementation of a Corporate Energy Plan. The plan outlines the bank's strategy for reducing energy consumption and increasing the use of renewable energy. The plan includes a range of measures such as the installation of solar panels, the use of energy-efficient lighting, and the implementation of energy management systems.

In addition to its Corporate Energy Plan, Bendigo and Adelaide Bank has also implemented a Corporate Power Purchase Agreement (PPA). The PPA is a long-term contract that allows the bank to purchase renewable energy directly from a renewable energy provider. By purchasing renewable energy through a PPA, the bank is able to reduce its reliance on fossil fuels and support the growth of the renewable energy industry.

Bendigo and Adelaide Bank has also invested in renewable energy projects, including wind and solar farms. The bank has provided financing for these projects, which has helped to accelerate the transition to a low-carbon economy. By investing in renewable energy projects, the bank is not only reducing its own carbon footprint but is also supporting the growth of the renewable energy industry.

In addition to its commitment to decarbonisation and the use of renewable energy, Bendigo and Adelaide Bank has also implemented a range of other sustainability initiatives. The bank has a strong focus on social responsibility and has implemented a range of programs to support the communities in which it operates. These programs include community grants, employee volunteering, and support for local charities.

Bendigo and Adelaide Bank has also implemented a range of measures to reduce waste and promote sustainable practices. The bank has implemented a recycling program, reduced the use of paper, and implemented energy-efficient lighting. The bank has also engaged with its employees and customers to promote sustainable practices, such as reducing energy consumption and reducing waste.

In conclusion, Bendigo and Adelaide Bank Limited is a leading Australian banking institution that has a strong commitment to sustainability. The bank has recognized the importance of reducing its carbon footprint and has implemented a range of measures to achieve this. These measures include the implementation of a Corporate Energy Plan, the use of Corporate Power Purchase Agreements, and the investment in renewable energy projects. The bank has also implemented a range of other sustainability initiatives, including social responsibility programs and measures to reduce waste. Bendigo and Adelaide Bank's commitment to sustainability is a testament to its dedication to creating a better future for its customers, employees, and the wider community.

✓ Science Based Targets member
✓ Declared Net Zero commitment