Potential offtaker

UBS Group AG

www.ubs.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

UBS Group AG-Reg is a Swiss multinational investment bank and financial services company headquartered in Zurich, Switzerland. It is one of the largest wealth management firms in the world, with a presence in over 50 countries and a workforce of over 60,000 employees. The company operates in a range of sectors, including wealth management, investment banking, asset management, and retail banking.

UBS Group AG-Reg has a strong commitment to sustainability and has been actively working towards decarbonisation in its operations. The company has set ambitious targets to reduce its carbon emissions and has implemented a range of initiatives to achieve these goals. These initiatives include investing in renewable energy, implementing energy efficiency measures, and reducing the use of fossil fuels.

One of the key areas where UBS Group AG-Reg is focusing its efforts is in corporate energy. The company is working to reduce its energy consumption and increase the use of renewable energy sources in its operations. This includes investing in solar and wind power, as well as exploring other renewable energy sources such as geothermal and hydroelectric power.

UBS Group AG-Reg is also exploring the use of corporate power purchase agreements (PPAs) to support its renewable energy goals. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a certain amount of renewable energy at a fixed price. By entering into a PPA, UBS Group AG-Reg can secure a reliable source of renewable energy and support the development of new renewable energy projects.

In addition to its efforts in corporate energy and renewable energy, UBS Group AG-Reg is also working to reduce its carbon footprint through a range of other initiatives. These include implementing energy efficiency measures in its buildings and operations, reducing the use of paper and other resources, and promoting sustainable practices among its employees and clients.

Overall, UBS Group AG-Reg is a company that is committed to sustainability and is actively working towards decarbonisation in its operations. Through its focus on corporate energy, corporate PPAs, renewable energy, and other initiatives, the company is demonstrating its commitment to reducing its carbon footprint and supporting the transition to a more sustainable future.

✓ Declared Net Zero commitment