Potential offtaker

Nexi SpA

www.nexi.it

Estimated electricity consumption

N/A

Countries of production presence

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Nexi SpA is a leading Italian company that operates in the financial transaction processors sector. The company has been in operation since 2019, following the merger of two major Italian payment companies, ICBPI and CartaSi. Nexi SpA is headquartered in Milan, Italy, and operates across Europe, providing innovative payment solutions to its customers.

Nexi SpA is committed to decarbonisation and reducing its carbon footprint. The company recognizes the importance of sustainability and has taken several measures to reduce its environmental impact. One of the key initiatives taken by Nexi SpA is the implementation of a corporate energy strategy. The company has set ambitious targets to reduce its carbon emissions and has adopted a holistic approach to energy management.

Nexi SpA has implemented several measures to reduce its energy consumption, such as the use of energy-efficient equipment and the optimization of its data centers. The company has also invested in renewable energy sources such as wind and solar power. Nexi SpA has signed several corporate power purchase agreements (PPAs) to procure renewable energy. These agreements enable the company to purchase electricity directly from renewable energy generators, reducing its reliance on fossil fuels.

Corporate PPAs are an effective way for companies to support the development of renewable energy projects and reduce their carbon footprint. By signing a corporate PPA, companies can secure a long-term supply of renewable energy at a fixed price, reducing their exposure to volatile energy prices. Corporate PPAs also provide a stable revenue stream for renewable energy generators, enabling them to secure financing for new projects.

Nexi SpA has signed several corporate PPAs to support the development of renewable energy projects. In 2020, the company signed a 10-year PPA with Enel Green Power for the supply of renewable energy from a wind farm in Sicily. The wind farm has a capacity of 38 MW and will supply Nexi SpA with approximately 80 GWh of renewable energy per year. The PPA will enable Nexi SpA to reduce its carbon emissions by approximately 40,000 tons per year.

In addition to its corporate energy strategy, Nexi SpA has also implemented several measures to promote sustainability across its operations. The company has adopted a circular economy approach, promoting the reuse and recycling of materials. Nexi SpA has also implemented a green procurement policy, prioritizing the purchase of sustainable products and services.

Nexi SpA is committed to promoting sustainability across its value chain. The company works closely with its suppliers to ensure that they meet its sustainability standards. Nexi SpA also supports its customers in their sustainability efforts by providing them with innovative payment solutions that promote sustainable behavior. For example, the company has developed a mobile payment app that enables customers to offset their carbon emissions by making a donation to a renewable energy project.

Nexi SpA has received several awards and recognitions for its sustainability efforts. In 2020, the company was included in the Dow Jones Sustainability Index (DJSI) Europe for the first time, recognizing its leadership in sustainability within the financial services sector. Nexi SpA was also included in the FTSE4Good Index, which measures the performance of companies that meet globally recognized sustainability standards.

In conclusion, Nexi SpA is a leading Italian company that operates in the financial transaction processors sector. The company is committed to decarbonisation and reducing its carbon footprint. Nexi SpA has implemented a corporate energy strategy, which includes the use of renewable energy sources and the signing of corporate PPAs. The company has also adopted a circular economy approach and a green procurement policy to promote sustainability across its operations. Nexi SpA works closely with its suppliers and customers to promote sustainability across its value chain. The company has received several awards and recognitions for its sustainability efforts, demonstrating its leadership in sustainability within the financial services sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment