Sber will help Moscow electric transport transition to the use of “green” energy to achieve sustainable development goals (ESG). Today, a partnership agreement on the use of low-carbon electricity was signed between Sber, State Unitary Enterprise Mosgortrans, TGC-1 and the Moscow Transport Innovation Fund. The partners decided to work together to reduce greenhouse gas emissions, implement sustainable development goals and expand the use of electricity produced by hydroelectric power plants.
The first transaction under the agreement was an agreement for Mosgortrans to purchase from TGC-1 “green” certificates issued in the Sberbank voluntary low-carbon energy certification system. The certificate confirms that the electricity used to power Moscow electric buses is produced from renewable energy sources and that no greenhouse gases are released into the atmosphere during its production.
Sberbank Real Estate and Operations Department Director Mikhail Susov emphasized that the ESG agenda is very important for Sber. According to him, today’s agreement was an important step towards achieving carbon neutrality in Moscow.
Susov noted that Sber has consistently implemented its ESG transformation strategy as one of the leaders of the national sustainable development agenda.
“The low-carbon energy certification system created by Sber will help our partners, through green certification instruments, achieve their ambitious goals of improving the environmental friendliness of Moscow’s electric fleet, reducing the negative impact on the environment and ultimately creating an even more comfortable electric fleet. and favorable living conditions for Muscovites,” Susov explained.
He also noted the importance of uniting participants in the green energy market. According to Sber’s vice president, new market participants will follow the path of combining efforts and seeking partnerships, rather than fighting for customers from generation to generation or consumers. “I think this is very important and Sber gives a great impetus to the market to do everything together under the control of the state,” Susov added.
Moscow Deputy Mayor for Transport Maxim Liksutov said that an electric bus has 145 times less emissions of harmful substances per passenger than a diesel car. In terms of the scale of use of electric buses, the Russian capital has already become the leader on the entire Eurasian continent.
“In order to further reduce the negative impact of public transportation on the environment, it was decided to switch to the use of “green” energy.” Liksutov noted that Sber’s green certificates will confirm that Mosgortrans now uses electricity with a low carbon footprint.
The operator of the implementation of the sustainable development strategy to reduce the carbon footprint and participate in the “green” certification of Moscow transport was the Moscow Foundation for Transport Innovations.
Sber’s special registration for voluntary certification of low-carbon energy documents the fact of production and confirms the volume of consumption through the use of green certificates. This voluntary low-carbon energy certification system provides Russian businesses with an effective and transparent tool to reduce their carbon footprint, designed to meet national and global greenhouse gas reporting standards.
Sber’s green certificates encourage the attraction of investments in low-carbon and renewable energy production in Moscow, the Central and Northwestern Federal Districts. Although the certification system was launched only three months ago, more than 40 Russian companies have purchased hundreds of thousands of Sber green certificates. 7 production companies were audited by Sberbank and certified as “green” energy suppliers.