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10 October 2019

Monaco Social Security Funds join the Principality’s energy transition

© - Direction de la Communication - Manu Vitali

Jean-Jacques Campana, Director of the Monaco Social Security Funds (CSM), signed up to the National Energy Transition Pact on Wednesday 9 October, in the presence of Annabelle Jaeger-Seydoux, Director of the Mission for Energy Transition, and their respective teams.

In her speech, Annabelle Jaeger-Seydoux welcomed the efforts undertaken by the CSM and the ambitious goals that the organisation has set. The CSM have made this commitment on two levels: as a business operating in the service sector and as a property owner (real estate portfolio owned by the Independent Pensions Fund (CAR)). With more than 240 employees, the scale of the commitment made by the organisation and of the actions it has taken is highly significant.

Initiatives that have already been introduced include:

ü  Switching to electronic communications with insurance holders, employers and health professionals

ü  Purchasing an electric vehicle for business travel

ü  Eliminating the use of plastic bottles and cups

ü  Buying green electricity

In addition, by joining the National Pact, the CSM intend to continue their efforts to go paperless, encourage staff to make use of sustainable transport options, investigate the possibility of installing solar panels on buildings within the CAR’s real estate portfolio and carry out energy audits of buildings within the portfolio, targeting the largest ones first.

More information will follow on Monaco Info and the Government’s social media pages soon.

Full details of the Principality’s energy transition are available at: www.facebook.com/MTEMonaco et transition-energetique.gouv.mc

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