Potential offtaker

Scotiabank Chile

www.scotiabank.cl

Estimated electricity consumption

N/A

Countries of production presence

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Scotiabank Chile is a leading financial institution in Chile that operates in the banking sector. The bank is committed to providing its customers with innovative financial solutions that meet their needs and help them achieve their goals. Scotiabank Chile is part of the Scotiabank Group, a global financial institution with a presence in over 50 countries.

Scotiabank Chile is committed to decarbonisation and reducing its carbon footprint. The bank recognises the importance of addressing climate change and is taking steps to reduce its impact on the environment. Scotiabank Chile has set ambitious targets to reduce its greenhouse gas emissions and is working towards becoming carbon neutral by 2025.

One of the ways Scotiabank Chile is reducing its carbon footprint is through corporate energy initiatives. The bank is investing in energy-efficient technologies and renewable energy sources to reduce its energy consumption and carbon emissions. Scotiabank Chile has implemented energy-efficient lighting and HVAC systems in its branches and offices, and is exploring the use of renewable energy sources such as solar and wind power.

Scotiabank Chile is also exploring the use of corporate power purchase agreements (PPAs) to support the development of renewable energy projects. A corporate PPA is a long-term contract between a company and a renewable energy developer that guarantees a fixed price for the electricity generated by the project. By entering into a corporate PPA, Scotiabank Chile can support the development of renewable energy projects and reduce its carbon footprint.

In addition to its corporate energy initiatives, Scotiabank Chile is also committed to supporting the development of renewable energy in Chile. The bank has provided financing for renewable energy projects and is working with developers to identify new opportunities for investment. Scotiabank Chile is also a member of the Chilean Renewable Energy Association, which promotes the development of renewable energy in Chile.

Scotiabank Chile is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. The bank has a comprehensive sustainability strategy that includes targets for reducing its greenhouse gas emissions, increasing its use of renewable energy, and reducing its waste and water consumption. Scotiabank Chile also supports community initiatives that promote sustainability and environmental conservation.

In addition to its sustainability initiatives, Scotiabank Chile is also committed to corporate social responsibility. The bank has a strong focus on supporting education and entrepreneurship in Chile, and has established partnerships with a number of organisations to support these initiatives. Scotiabank Chile also supports initiatives that promote financial literacy and inclusion, and is committed to promoting diversity and inclusion in the workplace.

Scotiabank Chile is a leading financial institution in Chile that is committed to sustainability, decarbonisation, and corporate social responsibility. The bank is taking a proactive approach to reducing its carbon footprint and supporting the development of renewable energy in Chile. With its focus on sustainability and corporate social responsibility, Scotiabank Chile is well-positioned to meet the evolving needs of its customers and contribute to a more sustainable future for Chile.

✓ Declared Net Zero commitment