Potential offtaker

OSB Group PLC

www.osb.co.uk

Estimated electricity consumption

N/A

Countries of production presence

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OSB Group PLC is a leading mortgage finance company based in the United Kingdom. The company has been in operation for over 160 years, and during this time, it has established itself as a reliable and trusted provider of financial services to individuals and businesses across the country.

One of the key areas of focus for OSB Group PLC is decarbonisation. The company is committed to reducing its carbon footprint and promoting sustainable practices across its operations. To achieve this goal, OSB Group PLC has implemented a number of initiatives aimed at reducing its energy consumption and promoting the use of renewable energy sources.

One such initiative is the implementation of a corporate energy strategy. This strategy involves the development of a comprehensive plan for managing the company's energy consumption, including the use of renewable energy sources and the implementation of energy-efficient technologies. By adopting this approach, OSB Group PLC aims to reduce its energy consumption and carbon emissions, while also improving its operational efficiency and reducing costs.

Another key initiative that OSB Group PLC has implemented is the use of corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a fixed amount of renewable energy at a fixed price. By using corporate PPAs, OSB Group PLC is able to secure a reliable and affordable source of renewable energy, while also supporting the growth of the renewable energy sector.

In addition to these initiatives, OSB Group PLC is also actively investing in renewable energy projects. The company has a dedicated team of experts who are responsible for identifying and evaluating renewable energy investment opportunities, and for managing the company's renewable energy portfolio. By investing in renewable energy projects, OSB Group PLC is not only supporting the growth of the renewable energy sector, but also diversifying its investment portfolio and generating long-term returns for its shareholders.

Overall, OSB Group PLC is a leading mortgage finance company that is committed to promoting sustainable practices and reducing its carbon footprint. Through its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, the company is playing an important role in the transition to a low-carbon economy, while also delivering value to its customers and shareholders.

✓ Science Based Targets member
✓ Declared Net Zero commitment