Montenegrin Electric Company - Elektroprivreda Crne Gore (EPCG) is deeply committed to integrating environmental, social, and governance (ESG) practices into its operations. Acknowledging the critical importance of sustainability, the company is on a journey to reduce its carbon footprint and expand in terms of green energy initiatives.

In its quest for environmental sustainability, EPCG has initiated projects like the ecological reconstruction of its thermal power plant while simultaneously diversifying its energy production through renewable sources such as wind, solar, and hydro power. Notable endeavours include the construction of large scale HPPs, including 'Kruševo', the 'Gvozd' wind farm, and the projects SOLARI 3000+ and SOLARI 5000+. These initiatives underscore EPCG's commitment to expanding its renewable energy portfolio and diminishing reliance on fossil fuels.

EPCG's dedication to the green energy transition is best reflected in over 10 active capital projects focused exclusively on renewable energy sources. Among these are the successful launch of the SOLARI projects, designed to harness solar power for household and commercial energy production, thus empowering them as prosumers. These efforts not only promise reduced energy consumption and enhanced efficiency but also bring cost savings and a significant reduction in greenhouse gas emissions.

In addition to environmental sustainability, EPCG places great emphasis on social responsibility. The company prioritises the well-being of its workforce, promoting diversity, inclusion, and providing professional development opportunities for its 1,200 highly skilled professionals. Furthermore, EPCG actively engages with the communities it operates in, supporting various educational, cultural, and environmental initiatives.

The company has robust corporate governance frameworks, implementing stringent risk management and internal control systems. EPCG's unwavering dedication to ethical conduct, accountability, and transparency has earned it recognition and trust among stakeholders.

“Renewable energy is an important topic at the upcoming ESG Adria Summit, so we extend our gratitude to Elektroprivreda Crne Gore for joining us as bronze sponsor. Their dedication to developing green energy sources and insights they bring to Tivat are invaluable to us, but I am sure they will be to the audience”, said Biljana Braithwaite, CEO of Sustineri Partners, organiser of the ESG Adria Summit.