As ContourGlobal approaches its 20th anniversary in 2025, the company is charting a bold new course, to help achieve the clean energy transition. With a current share of renewables capacity below 30%, the company has committed to speed up the decarbonization of its portfolio with a sustainable transition of its thermal fleet, the repowering of existing renewable assets and the organic development of new renewable projects.

In a rapidly evolving energy landscape characterized by surging clean technology investments, widespread adoption of renewables, and increasing demand for electricity, ContourGlobal is well-positioned to seize new opportunities and deliver sustainable value.

Our new strategy is built on four key pillars: decarbonization, optimizing the performance of existing assets, growth through development and strategic partnerships, and innovation in emerging technologies like biomethane and green hydrogen.

Sustainability has always been at the core of the company’s commitments, as shown by a decade-long membership to the United Nations Global Compact and commitment to disclosing in alignment with the Task Force for Climate-related Financial Disclosures. In the critical phase of the world’s transition to a low-carbon future, effective sustainability risk and opportunities management is essential to maintaining a competitive edge and creating long-lasting value as an Independent Power Producer.

ContourGlobal’s new direction will infuse sustainability across all functions to ensure our growth is accomplished while respecting our ESG commitments and not just seeking compliance.

In addition to the achievement of ContourGlobal’s significant planned milestone of its decarbonization pathway in 2030, we have also established our ambition to achieve Net Zero by 2040, subject to supportive policy environment and technological progress. Our pledge is aligned with the Paris Agreement goals and will include a roadmap with clear targets aiming to reduce our direct greenhouse gas emissions by ~90%, with a commitment to abate residual emissions that cannot be eliminated, by 2040.