Potential offtaker

America Movil, S.A.B. de C.V.

www.americamovil.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

America Movil, S.A.B. de C.V. is a Mexican multinational telecommunications company that operates in the wireless telecommunications sector. The company was founded in 2000 by Carlos Slim Helu, who is considered one of the wealthiest people in the world. America Movil is the largest telecommunications company in Latin America and the third-largest in the world, with operations in 25 countries across the Americas, Europe, and Asia.

As a large corporation, America Movil recognizes its responsibility to reduce its carbon footprint and contribute to the decarbonization of the global economy. The company has set ambitious goals to reduce its greenhouse gas emissions and increase its use of renewable energy sources. In 2019, America Movil committed to reducing its carbon emissions by 40% by 2025, compared to its 2015 baseline.

To achieve this goal, America Movil has implemented a range of measures to increase its energy efficiency and reduce its reliance on fossil fuels. The company has invested in renewable energy projects, such as wind and solar power, and has also implemented energy-saving measures in its operations, such as the use of energy-efficient lighting and HVAC systems.

One of the key initiatives that America Movil has implemented to increase its use of renewable energy is the corporate power purchase agreement (PPA). 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 corporate PPA, America Movil can secure a stable and predictable supply of renewable energy, while also supporting the development of new renewable energy projects.

In 2020, America Movil signed a 15-year corporate PPA with a wind energy project in Mexico, which will provide the company with 100 MW of renewable energy. The project is expected to reduce America Movil's carbon emissions by approximately 200,000 tons per year, which is equivalent to the emissions from 40,000 cars.

In addition to its renewable energy initiatives, America Movil has also implemented a range of measures to increase its energy efficiency and reduce its overall energy consumption. The company has implemented energy-saving measures in its buildings and data centers, such as the use of energy-efficient lighting and HVAC systems, and has also implemented virtualization and consolidation initiatives to reduce the number of physical servers required to run its operations.

To further support its decarbonization efforts, America Movil has also implemented a corporate energy management program, which aims to improve the company's energy efficiency and reduce its carbon footprint. The program includes a range of initiatives, such as energy audits, employee engagement programs, and the implementation of energy-saving technologies.

Overall, America Movil is committed to reducing its carbon footprint and contributing to the decarbonization of the global economy. The company has set ambitious goals to reduce its greenhouse gas emissions and increase its use of renewable energy sources, and has implemented a range of measures to achieve these goals. By investing in renewable energy projects, implementing energy-saving measures, and entering into corporate PPAs, America Movil is demonstrating its commitment to sustainability and environmental responsibility.