TCS Group Holding plc is a Cyprus-based company that operates in the retail banking sector. The company has a strong commitment to sustainability and has been actively working towards decarbonisation and the adoption of renewable energy sources. TCS Group Holding plc has implemented several initiatives aimed at reducing its carbon footprint and promoting sustainable practices.

One of the key areas of focus for TCS Group Holding plc has been corporate energy management. The company has implemented a comprehensive energy management system that includes the monitoring and analysis of energy consumption, the identification of energy-saving opportunities, and the implementation of energy-efficient technologies. This has enabled the company to reduce its energy consumption and carbon emissions significantly.

TCS Group Holding plc has also been actively involved in the adoption of corporate power purchase agreements (PPAs) for renewable energy. PPAs are long-term contracts that allow companies to purchase renewable energy directly from a renewable energy provider. By entering into PPAs, companies can secure a stable and predictable supply of renewable energy at a fixed price, which can help them to reduce their carbon footprint and achieve their sustainability goals.

In 2021, TCS Group Holding plc signed a corporate PPA with a leading renewable energy provider to purchase renewable energy for its operations in Cyprus. The PPA will enable the company to source 100% of its electricity needs from renewable sources, which will help it to reduce its carbon emissions and promote sustainable practices.

TCS Group Holding plc has also invested in renewable energy projects to support the growth of renewable energy in Cyprus. The company has invested in several solar power projects, which have a combined capacity of over 10 MW. These projects generate clean energy that is fed into the national grid, helping to reduce the country's reliance on fossil fuels.

In addition to its renewable energy initiatives, TCS Group Holding plc has also implemented several other sustainability initiatives. The company has implemented a waste management system that includes the separation and recycling of waste materials. It has also implemented a water management system that includes the monitoring and reduction of water consumption.

TCS Group Holding plc has been recognized for its sustainability initiatives and has received several awards for its efforts. In 2020, the company was awarded the "Green Business Award" by the Cyprus Chamber of Commerce and Industry for its commitment to sustainability and its efforts to reduce its carbon footprint.

In conclusion, TCS Group Holding plc is a Cyprus-based company that operates in the retail banking sector and has a strong commitment to sustainability. The company has implemented several initiatives aimed at reducing its carbon footprint and promoting sustainable practices, including the adoption of renewable energy sources, corporate PPAs, and the implementation of energy-efficient technologies. TCS Group Holding plc has been recognized for its sustainability efforts and is a leading example of a company that is committed to decarbonisation and promoting sustainable practices.