Potential offtaker

Euroclear SA/NV

www.euroclear.com

Estimated electricity consumption

N/A

Countries of production presence

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Euroclear SA/NV is a leading financial services company based in Belgium that specializes in the settlement of securities transactions. The company operates in the Other Financial Services sector and provides a range of services to its clients, including clearing, settlement, custody, and collateral management. Euroclear is committed to sustainability and has taken several initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key priority for Euroclear, and the company has set ambitious targets to reduce its greenhouse gas emissions. Euroclear has committed to reducing its carbon emissions by 50% by 2030, in line with the Paris Agreement's goals. The company has also set a target to achieve net-zero emissions by 2050. To achieve these targets, Euroclear is implementing a range of measures to reduce its energy consumption and promote renewable energy.

Corporate energy is an important area of focus for Euroclear, and the company is committed to reducing its energy consumption through energy-efficient technologies and practices. Euroclear has implemented several energy-saving measures, including the installation of LED lighting, the use of energy-efficient HVAC systems, and the optimization of its data centers. The company has also implemented a range of energy management systems to monitor and control its energy consumption.

Corporate PPA (Power Purchase Agreement) is another important initiative that Euroclear has undertaken to promote renewable energy. A PPA is a contract between a renewable energy producer and a corporate buyer, where the buyer agrees to purchase a certain amount of renewable energy from the producer over a specified period. Euroclear has signed several corporate PPAs with renewable energy producers to source renewable energy for its operations. These PPAs have enabled Euroclear to reduce its carbon footprint and promote the development of renewable energy projects.

Renewable energy is a key focus area for Euroclear, and the company has taken several initiatives to promote the use of renewable energy. Euroclear has implemented several renewable energy projects, including the installation of solar panels on its buildings and the purchase of renewable energy certificates. The company has also signed several agreements with renewable energy producers to purchase renewable energy for its operations.

In addition to these initiatives, Euroclear has also taken several other measures to promote sustainability and reduce its environmental impact. The company has implemented a range of waste reduction measures, including the recycling of paper, plastics, and other materials. Euroclear has also implemented a range of water conservation measures, including the installation of water-efficient fixtures and the use of recycled water for irrigation.

Euroclear's commitment to sustainability is reflected in its corporate culture and values. The company has a dedicated sustainability team that is responsible for implementing sustainability initiatives and promoting sustainability across the organization. Euroclear also engages with its stakeholders, including clients, suppliers, and employees, to promote sustainability and encourage them to adopt sustainable practices.

In conclusion, Euroclear SA/NV is a leading financial services company based in Belgium that is committed to sustainability and reducing its environmental impact. The company has taken several initiatives to promote decarbonisation, corporate energy, corporate PPA, and renewable energy. Euroclear's commitment to sustainability is reflected in its corporate culture and values, and the company is actively engaging with its stakeholders to promote sustainability and encourage them to adopt sustainable practices.

✓ Declared Net Zero commitment