Potential offtaker

Reinsurance Group of America, Incorporated

www.rgare.com

Estimated electricity consumption

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Countries of production presence

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Reinsurance Group of America (RGA) is a leading global provider of life reinsurance services, with headquarters in St. Louis, Missouri, United States. The company was founded in 1973 and has since grown to become a major player in the life reinsurance sector, operating in over 60 countries worldwide. RGA's mission is to help clients manage risk and capital, and to provide innovative solutions that support the growth and sustainability of the life insurance industry.

In recent years, RGA has been actively engaged in efforts to promote decarbonisation and reduce its environmental footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy sources. RGA's sustainability strategy is based on four pillars: reducing its carbon footprint, promoting sustainable business practices, engaging stakeholders, and supporting the transition to a low-carbon economy.

One of the key initiatives that RGA has undertaken to reduce its carbon footprint is the implementation of a corporate energy program. This program aims to increase energy efficiency, reduce energy consumption, and promote the use of renewable energy sources across the company's operations. RGA has invested in energy-efficient technologies and equipment, such as LED lighting, HVAC systems, and energy management systems, to reduce its energy consumption and carbon emissions.

In addition, RGA has entered into several corporate power purchase agreements (PPAs) with renewable energy providers. These agreements enable RGA to purchase renewable energy at a fixed price over a long-term period, which helps to reduce the company's exposure to volatile energy prices and support the growth of the renewable energy industry. RGA's PPAs have enabled the company to source a significant portion of its electricity from renewable sources, including wind and solar.

RGA has also made significant investments in renewable energy projects, both through direct ownership and through partnerships with renewable energy developers. The company has invested in wind farms, solar projects, and other renewable energy assets, which not only provide a source of clean energy but also generate attractive returns for the company's investors.

RGA's commitment to sustainability extends beyond its own operations to its business practices and engagement with stakeholders. The company has developed a sustainability framework that guides its decision-making and ensures that sustainability considerations are integrated into all aspects of its business. RGA also engages with its stakeholders, including employees, customers, suppliers, and investors, to promote sustainability and encourage collaboration on environmental issues.

RGA's sustainability efforts have been recognized by a number of organizations and industry groups. The company has been included in the Dow Jones Sustainability Index for North America for several years, which recognizes companies that demonstrate leadership in sustainability. RGA has also received awards for its sustainability reporting and disclosure practices, including the CDP Climate Change A List and the GRI Standards Pioneer Award.

In conclusion, Reinsurance Group of America is a leading global provider of life reinsurance services that has demonstrated a strong commitment to sustainability and decarbonisation. The company's corporate energy program, corporate PPAs, and investments in renewable energy projects have enabled it to reduce its carbon footprint and increase its use of clean energy sources. RGA's sustainability framework and engagement with stakeholders ensure that sustainability considerations are integrated into all aspects of its business. As the world transitions to a low-carbon economy, RGA is well positioned to continue to be a leader in the life reinsurance sector and a champion for sustainability.

✓ Declared Net Zero commitment