Potential offtaker

Banco de Credito del Peru

www.bcp.com.pe

Estimated electricity consumption

N/A

Countries of production presence

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Banco de Credito del Peru (BCP) is one of the largest and most prestigious banks in Peru, with a strong reputation for financial stability and customer service. Founded in 1889, the bank has grown to become a leading player in the Peruvian banking sector, with a wide range of products and services that cater to the needs of individuals, businesses, and institutions.

BCP has a strong commitment to sustainability and environmental responsibility, and has been actively working to reduce its carbon footprint and promote renewable energy. The bank has set ambitious targets for decarbonisation and has implemented a number of initiatives to achieve these goals.

One of BCP's key initiatives in this area is its corporate energy program, which aims to reduce the bank's energy consumption and carbon emissions through a range of measures, including energy efficiency improvements, renewable energy installations, and the use of corporate power purchase agreements (PPAs).

Under the corporate energy program, BCP has implemented a number of energy efficiency measures across its operations, including the installation of energy-efficient lighting, HVAC systems, and building automation systems. The bank has also invested in renewable energy installations, including solar panels and wind turbines, to generate clean energy and reduce its reliance on fossil fuels.

In addition to these measures, BCP has also entered into several corporate PPAs with renewable energy providers, which allow the bank to purchase renewable energy directly from the source. These agreements provide a stable and predictable source of renewable energy for the bank, while also supporting the development of new renewable energy projects and helping to drive down the cost of renewable energy.

BCP's commitment to sustainability and environmental responsibility is also reflected in its lending practices, with the bank actively seeking to finance projects that promote renewable energy and reduce carbon emissions. BCP has provided financing for a number of renewable energy projects in Peru, including wind farms, solar power plants, and hydroelectric facilities.

In addition to its environmental initiatives, BCP is also committed to social responsibility and has implemented a number of programs to support local communities and promote financial inclusion. The bank has established a foundation, the BCP Foundation, which focuses on education, entrepreneurship, and social development, and has provided funding and support for a wide range of community projects and initiatives.

Overall, BCP is a leading player in the Peruvian banking sector, with a strong commitment to sustainability and environmental responsibility. The bank's corporate energy program, renewable energy initiatives, and support for community development make it a model for other companies in the region and around the world.

✓ Declared Net Zero commitment