Futur Pension Försäkringsaktiebolag (publ) is a Swedish insurance company that specializes in pension and life insurance products. Founded in 1996, the company has grown to become one of the leading providers of pension solutions in Sweden, with a focus on sustainable investments and responsible business practices.
One of the key areas of focus for Futur Pension is decarbonisation, or the reduction of carbon emissions in order to mitigate the effects of climate change. The company recognizes the urgent need to address the climate crisis and has made a commitment to reducing its own carbon footprint as well as supporting the transition to a low-carbon economy.
To this end, Futur Pension has implemented a number of measures to reduce its environmental impact. These include investing in renewable energy projects and implementing energy efficiency measures in its own operations. The company has also adopted a sustainable investment strategy that incorporates environmental, social, and governance (ESG) criteria into its investment decisions.
One of the ways that Futur Pension is supporting the transition to a low-carbon economy is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time.
By entering into a corporate PPA, companies like Futur Pension can help to support the development of new renewable energy projects and reduce their own carbon emissions. In addition, corporate PPAs can provide a stable and predictable source of revenue for renewable energy providers, helping to accelerate the transition to a low-carbon economy.
Futur Pension has already entered into several corporate PPAs with renewable energy providers in Sweden, including wind and solar projects. These agreements have helped to increase the share of renewable energy in the company's energy mix and reduce its reliance on fossil fuels.
In addition to its use of corporate PPAs, Futur Pension is also investing in renewable energy projects directly. The company has a dedicated team of experts who evaluate potential investments in renewable energy projects, with a focus on projects that are both financially viable and have a positive impact on the environment.
Futur Pension's renewable energy investments include both equity and debt investments in a range of renewable energy projects, including wind, solar, and hydroelectric projects. The company's investments in renewable energy help to support the development of new projects and increase the share of renewable energy in the overall energy mix.
Another area of focus for Futur Pension is corporate energy management. The company has implemented a range of energy efficiency measures in its own operations, including the use of energy-efficient lighting and HVAC systems, as well as the adoption of energy management systems to monitor and optimize energy use.
Futur Pension's energy management efforts have helped to reduce the company's energy consumption and carbon emissions, while also reducing its operating costs. In addition, the company's energy management initiatives have helped to raise awareness of the importance of energy efficiency and sustainability among its employees and customers.
Overall, Futur Pension is a company that is committed to sustainability and responsible business practices. Through its investments in renewable energy, use of corporate PPAs, and energy management initiatives, the company is helping to support the transition to a low-carbon economy and reduce its own environmental impact.