Energy Transition
Everyone needs energy, but the current global energy system strongly impacts the planet, contributing to climate change and nature loss. That's why Rabobank invests in new ways of generation and consumption of energy.
Sustainable energy
For over 20 years we have been financing renewable energy and we will further increase our efforts to avoid and reduce emissions in sectors where we have a significant position: energy generation and infrastructure, industries, commercial and residential estate, and transport.
Rabobank and the energy transition in 2023
Global lender clean energy
Loans provided in renewable energy
Investments in energy transition by Rabo Investments
Our commitment
We are committed to contribute to a future-proof energy system. A system that will strongly revolve around energy saving and using low or no carbon instead of fossil sources: from energy companies to small enterprises, from multinationals to farms or family homes. Green energy should become affordable, available and accessible.
To finance the transition, we expect to grow our energy transition related assets by EUR 30 billion by 2030 and to recruit and/or reskill 150 extra FTE dedicated to accelerate the transition until 2030.
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Our goals
We will manage our fossil fuels portfolio in line with the Net-Zero Emissions scenarios of the IEA Net-Zero by 2050 scenario (NZE):
Products and services (the way we finance)
We aim to finance sustainable produced energy that is affordable, accessible and available. We are supporting the energy transition in five categories:
Energy generation and infrastructure
Increase sustainable energy generation (wind, solar, hydro, biogas) and improving energy infrastructure (grid, storage, charging and energy cooperatives).
Decarbonisation in industries
Consult on re-using energy, reducing energy consumption and accelerating fossil-free equipment and production by lease and financing.
Residential real estate
As the largest mortgage provider in the Netherlands we offer a wide product portfolio of mortages to sustainalize the homes of our customers.
Commercial real estate
Sustainable development and realisation of real estate projects and participation in green deals to make business parks future proof.
Mobility and transport
Together with our partners we offer, amongst others: electric vehicles, charging infrastructure, maintenance, roadside assistance, and insurance.
Networks
We need to support our customers on their journey from here to greener and support them not only with our knowledge but also with our network. This means our network of customers, partners, but also our presence in multiple networks like e.g. the Wind energy Council.
Knowledge
In order to help our stakeholders navigate the challenges and opportunities in this crucial transition, the Energy Transition Analyst team at RaboResearch offers expertise and publishes leading insights on a broad range of topics. These range from clean tech equipment, renewable energy and electrification to carbon trading, hydrogen, and circular business models, amongst others.