Contributing to Decarbonized Societies

Eneco, a Dutch integrated energy company, operates power generation, power and gas trading, power and gas retail, and district heating businesses across the Netherlands, Belgium, and Germany, with renewable energy at its core. With the third-largest customer base in the Netherlands, Eneco manages approximately 2.8 GW of renewable energy assets (as of March 2025). Since 2007, Eneco has led the development of renewable energy ahead of its competitors and established itself as a green brand by providing consumers with 100% green energy (including green certificates) since 2011. Known for its customer-focused approach, Eneco launched its One Planet Plan in 2021, aiming for carbon neutrality by 2035. This commitment covers Scope 1 and 2 emissions from its own operations and Scope 3 emissions across its value chain, including power and gas retailing and heat supply. Eneco is widely recognized domestically and internationally for its proactive climate action.

MC seeks to contribute to a sustainable society by achieving triple-value growth—economic, societal, and environmental—through leveraging Eneco's technology and expertise to accelerate renewable energy development within and beyond Europe. By combining Eneco's strong customer base with MC's various products and services, MC aims to enhance energy management solutions for Eneco's customers.

The power business is undergoing a major transition driven by decentralized power sources, advancements in battery storage, and digital technologies accompanying the rise of renewable energy. In this context, MC, together with its partner Chubu Electric Power, is committed to addressing societal challenges such as the shift to a decarbonized society and global environmental preservation. Both companies will support essential infrastructure and promote innovation through Eneco’s integrated energy services, which combine renewable energy development with cutting-edge digital technology.

MC advances the practical implementation of hydrogen and its derivatives, such as ammonia. The company conducts joint studies with partners at every stage of the value chain, including production, transportation, and usage. In addition, MC is promoting the introduction of Sustainable Aviation Fuel (SAF) in the aviation sector, where electrification and hydrogen-based solutions remain difficult.

Mineral resources such as copper are essential for renewable energy and electrification, making them critical to achieving a decarbonized society. MC aims to expand its copper business through organic growth opportunities in existing assets—some of which hold the world’s largest copper reserves—by increasing its stake in current operations, acquiring new assets, and leveraging new technologies to improve resource recovery.

As part of its commitment to the goals of the Paris Agreement, MC recognizes that Carbon Capture, Utilization, and Storage (CCUS) will play a critical role in achieving these targets. According to the International Energy Agency (IEA), CCUS must account for reducing approximately 1.5 billion tons of CO2 emissions by 2050 to meet the 1.5°C target, complementing reductions achieved through renewable energy and energy efficiency. Similarly, the Intergovernmental Panel on Climate Change (IPCC) has emphasized the importance of technological solutions in this effort. CCUS spans multiple industries, from sectors generating CO2 emissions to those producing end-products such as fuels and chemical materials. MC views CCUS as a significant business opportunity to leverage its collective capabilities across diverse industries. To capitalize on this opportunity, MC is promoting the commercialization of CCUS by establishing a cross-segment task force and a liaison committee to drive collaboration and innovation.