Making sustainable energy work for everyone

Everything in our modern society starts and ends with the availability of energy. We work for an efficient and resilient energy market that promotes social and societal benefits, while actively working to accelerate a sustainable transition of the energy sector.

Office atrium seen from above with small groups of people in conversation.

The transition to a sustainable society rest upon the transition of our energy system towards sustainable energy. At Mind Energy, we play important role in the energy market across three major functions.

1. Balance responsibility

As a trade balance responsible we take part in directing energy volumes to the market that need it the most, ensuring an efficient use of the available resources. This facilitates lower average system prices for energy, reduces price volatility, indirectly reducing the carbon intensity of the grids.

2. Route to market

We provide a route-to-market for owner of energy producing assets, helping them feed in their production volumes to the energy grids as efficiently as possible, managing the daily auctions and administration that ensures a stable and reliable grid, and helps producers pair up with consumers to off-take their volumes directly.

3. Energy sourcing

We service large consumers of energy and big energy resellers in accessing the energy markets, sourcing their desired type of energy when they need it at the optimal price available in the market.

Andreas Wenshøj Gaur, Head of Sustainability

"Sustainability is embedded in how we do business every day; it's not a separate initiative but a core element of our business strategy."

Sustainability highlights

74%

reduced carbon emissions from our own operations (scope 1+2) since 2022

8.2%

of Nordic electricity market consumption balanced by us

88%

of production customer volume within power coming from wind, hydro or solar power

16

different nationalities working with us

31.7

TWh electricity balanced for end users in 2024

5.6

TWh gas balanced for end users in 2024

Our role in accelerating the energy transition

We recognize the crucial role we play in accelerating the energy transition and are committed to leveraging our expertise and market influence to support the integration and harnessing of renewable energy sources.

Our focus lies in reducing the carbon intensity of the grid through our trading activities and the products and services we offer to market participants, including producers and off-takers, promoting a sustainable transition.

High-voltage transmission towers and power lines stretching across a green rural landscape.

How we support the integration of renewable energy sources

Provide consumers with access to renewable energy

Balance supply and demand

Trading helps make energy more affordable and accessible

Provide producers with a route to market

Connect producers and large-scale consumers

Our approach

How we work with sustainability

We have embedded sustainability into the development of our Switch28 corporate strategy. This ensures that our sustainability focus and goals are fully aligned with our overall business objectives. This approach anchors our ESG work across the entire business, supported by top management and the Board of Directors.

In preparation for the upcoming CSRD reporting, we conducted a comprehensive Double Materiality Assessment. This process provided us with a profound, quantifiable understanding of our business's impact across the value chain. It has informed our strategy development, enabled effective goal setting, and prepared us for sustainability reporting.

Alongside our external efforts, we remain committed to continuous improvement in our own operations. We strive to minimize our environmental footprint while prioritizing the development and well-being of our employees and partners across the value chain.

Sustainability is at the core of product development in 2025 and beyond. Companies are increasingly seeking energy that is not only renewable but verifiably sustainable. The increasing complexity of the energy market makes it challenging for companies to achieve their sustainability ambitions alone. It requires deep expertise and market insights to accurately source, document, and balance energy. We are working to standardize advanced product offerings for sustainable energy to meet these needs.