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20/06/2024 Banking Innovation
The innovation is the strategic implementation of solar farms to reduce costs and adhere to the commitment to consume 100% of energy from renewable sources.
Innovation details
Country
Brazil
Category
Social, Sustainable & Responsible Banking
Keyword
ESG & Sustainability

Innovation presentation

The Solar Farms innovation represents the adoption of renewable sources to supply 100% of energy demand. The primary objective is to reduce energy costs by replacing conventional energy consumption with a renewable and more economical alternative. Furthermore, the project enables cost comparisons with the captive market. This strategic implementation also serves to enhance sustainability indices scores.

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