Potential offtaker

mBank S.A.

www.mbank.pl

Estimated electricity consumption

N/A

Countries of production presence

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MBANK SA is a leading bank in Poland that has been providing financial services to its customers for over 30 years. The bank is committed to providing innovative and sustainable solutions to its customers, and has been at the forefront of decarbonisation efforts in the country. With a strong focus on renewable energy and corporate energy management, MBANK SA is leading the way in sustainable banking practices.

Renewable energy is a key focus area for MBANK SA. The bank has been actively investing in renewable energy projects in Poland and across Europe, and has been a major player in the development of wind and solar energy projects in the country. The bank has also been working with its customers to help them transition to renewable energy, offering financing and advisory services to support the development of sustainable energy projects.

One of the key initiatives that MBANK SA has undertaken to promote renewable energy is the development of corporate power purchase agreements (PPAs). A corporate PPA is a contract between a renewable energy generator and a corporate buyer, in which the buyer agrees to purchase a specified amount of renewable energy from the generator over a set period of time. By entering into a corporate PPA, companies can secure a reliable and cost-effective source of renewable energy, while also supporting the development of new renewable energy projects.

MBANK SA has been a pioneer in the development of corporate PPAs in Poland, and has helped a number of companies to secure renewable energy through these agreements. The bank has also been working with renewable energy generators to develop new projects and expand the availability of renewable energy in the country.

Corporate energy management is another key focus area for MBANK SA. The bank has been working with its corporate clients to help them reduce their energy consumption and improve their energy efficiency. By implementing energy-efficient technologies and practices, companies can reduce their carbon footprint and save money on energy costs.

MBANK SA has been offering a range of financing and advisory services to support corporate energy management initiatives. The bank has also been working with its customers to develop sustainability strategies and set targets for reducing their carbon emissions.

Decarbonisation is a major priority for MBANK SA, and the bank has been taking a number of steps to reduce its own carbon footprint. The bank has implemented a range of energy-efficient technologies and practices in its own operations, and has set ambitious targets for reducing its carbon emissions.

MBANK SA has also been working to promote sustainable practices across the financial sector in Poland. The bank has been a member of the UN Principles for Responsible Banking since 2019, and has committed to aligning its business strategy with the goals of the Paris Agreement on climate change.

In conclusion, MBANK SA is a leading bank in Poland that is committed to promoting sustainable and innovative solutions for its customers. With a strong focus on renewable energy, corporate energy management, and decarbonisation, the bank is leading the way in sustainable banking practices in the country. By working with its customers to develop sustainable strategies and supporting the development of renewable energy projects, MBANK SA is helping to build a more sustainable future for Poland and the world.

✓ Declared Net Zero commitment