Potential offtaker

NOS SGPS SA

www.nos.pt

N/A
N/A
Which other companies from Portugal are actively involved in decarbonization initiatives?
  • Simões, Lda
  • Altice Portugal
  • Caixa Geral de Depósitos
  • Sonae Sierra
  • Tintex Textiles, S.A
  • EDP - Energias de Portugal S.A.
  • NOS is a leading telecommunications and entertainment company based in Portugal, which operates in the Cable & Satellite sector. The company was founded in 1994 and has since then become a major player in the Portuguese market, with a strong focus on innovation and customer satisfaction. NOS offers a wide range of services, including television, internet, and mobile communications, and has a customer base of over 4 million people.

    One of the key areas of focus for NOS is decarbonisation. The company recognises the importance of reducing its carbon footprint and has set ambitious targets to achieve this. NOS has committed to reducing its greenhouse gas emissions by 50% by 2030, compared to 2019 levels. To achieve this, the company is investing in renewable energy and energy efficiency measures across its operations.

    Corporate energy is another area of focus for NOS. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources. NOS has implemented a number of initiatives to achieve this, including the installation of solar panels on its buildings and the use of energy-efficient equipment. The company has also implemented a range of energy management systems to monitor and control its energy use, and has set targets to reduce its energy consumption by 20% by 2025.

    Corporate Power Purchase Agreements (PPAs) are another important tool for NOS in its efforts to increase its use of renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which allow the company to purchase renewable energy at a fixed price over a set period of time. NOS has signed a number of PPAs with renewable energy providers in Portugal, which have enabled the company to increase its use of renewable energy and reduce its carbon footprint.

    Renewable energy is a key focus area for NOS, as the company recognises the importance of transitioning to a low-carbon economy. NOS is investing in a range of renewable energy sources, including wind, solar, and hydro power. The company has set a target to generate 80% of its energy from renewable sources by 2030, and is working towards this goal through a range of initiatives.

    One of the key initiatives that NOS has implemented to increase its use of renewable energy is the installation of solar panels on its buildings. The company has installed over 1,000 solar panels on its headquarters in Lisbon, which generate around 15% of the building's energy needs. NOS has also installed solar panels on a number of its other buildings, and is planning to expand this initiative in the coming years.

    NOS is also investing in wind power, which is a key source of renewable energy in Portugal. The company has signed a PPA with a wind farm in Portugal, which will provide NOS with renewable energy for the next 15 years. This initiative will help NOS to increase its use of renewable energy and reduce its carbon footprint.

    Hydro power is another important source of renewable energy in Portugal, and NOS is investing in this area as well. The company has signed a PPA with a hydro power plant in Portugal, which will provide NOS with renewable energy for the next 10 years. This initiative will help NOS to further increase its use of renewable energy and reduce its carbon footprint.

    In conclusion, NOS is a leading telecommunications and entertainment company based in Portugal, which operates in the Cable & Satellite sector. The company is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint. NOS is investing in renewable energy and energy efficiency measures across its operations, and is working towards generating 80% of its energy from renewable sources by 2030. The company has implemented a range of initiatives to achieve this, including the installation of solar panels, the use of corporate PPAs, and the investment in wind and hydro power. NOS is a leader in the transition to a low-carbon economy and is committed to playing its part in tackling climate change.

    ✓ Current offtaker under Corporate PPA's
    ✓ Science Based Targets member