Raiffeisen Bank International AG (RBI) is a leading Austrian bank that operates in the banking sector. The bank has a strong presence in Central and Eastern Europe, serving over 16 million customers in 13 countries. RBI is committed to sustainability and has set ambitious targets to reduce its carbon footprint and support the transition to renewable energy.

Decarbonisation is a key focus area for RBI. The bank is committed to reducing its greenhouse gas emissions and has set a target to become carbon neutral by 2025. To achieve this, RBI is implementing a range of measures, including energy efficiency improvements, renewable energy sourcing, and carbon offsetting. The bank has also developed a comprehensive climate strategy that outlines its approach to managing climate-related risks and opportunities.

Corporate energy is another important area for RBI. The bank is committed to reducing its energy consumption and increasing the share of renewable energy in its energy mix. RBI has implemented a range of energy efficiency measures across its operations, including the installation of energy-efficient lighting and heating systems, and the use of smart building technologies. The bank has also invested in renewable energy projects, such as wind and solar power, to increase the share of renewable energy in its energy mix.

Corporate power purchase agreements (PPAs) are an important tool for RBI to support the transition to renewable energy. PPAs enable companies to purchase renewable energy directly from generators, providing a stable and predictable source of renewable energy. RBI has signed several corporate PPAs with renewable energy generators in Europe, including wind and solar power projects. These agreements not only support the transition to renewable energy but also provide long-term price stability for the bank's energy needs.

Renewable energy is a key focus area for RBI. The bank is committed to increasing the share of renewable energy in its energy mix and has set a target to source 70% of its energy from renewable sources by 2025. To achieve this, RBI is investing in renewable energy projects, such as wind and solar power, and is also exploring new technologies, such as energy storage and electric vehicles. The bank is also working with its customers to support the transition to renewable energy, offering financing solutions for renewable energy projects and providing advice on energy efficiency and sustainability.

In conclusion, RBI is a leading Austrian bank that is committed to sustainability and the transition to renewable energy. The bank has set ambitious targets to reduce its carbon footprint and increase the share of renewable energy in its energy mix. RBI is implementing a range of measures to achieve these targets, including energy efficiency improvements, renewable energy sourcing, and corporate PPAs. The bank's commitment to sustainability and renewable energy is not only good for the environment but also supports long-term price stability and creates new business opportunities.