Sustainability Contribution

Mony truly believes that people and planet must prosper together and we are highly engaged to stay sustainable and bring our contribution to the good of the planet.  We believe that as a business our responsible is to offer sustainable alternatives to our customers and create community of toghetherness, support and acceptance.  

We offer Carbon neutral order option. We direct the carbon offset funds to certified carbon offset projects like 'Saint Nikola Wind Farm' Initiative, planting trees etc. We have scoured the globe for carbon offset projects that are truly additive, permanent, and without unintended consequences. All of our projects are independently certified to internationally recognized standards. In addition to the carbon reduction, we pride ourselves on the fact that all of our projects include an element of social good such as protecting an endangered species of animal, or creating local jobs.  

We’ve spent hundreds of hours of many months researching, speaking and collaborating with Climatology PhDs to compile the GHG emissions per product type. We used the Higg Materials Sustainability Index and industry-specific life-cycle assessments as a starting point, then layered in specific nuances to further refine the database. 

Saint Nikola Wind Farm is located in the municipality of Kavarna, Bulgaria. This project was initiated and is operated by AES Geo Energy Ltd. This project consists of a new electrical substation and 52 Vestas V90 wind turbines, each with a capacity of 3MW. The use of renewable sources will improve the use of local energy resources. The Saint Nikola Wind Farm is expected to reduce an average amount of 244,224 metric tons of carbon dioxide per year and has reduced over 2.6 million tons of carbon so far. The electricity produced by the 52 turbines of Saint Nikola Wind Farm in 2020 equals the annual electricity consumption of over 95,000 Bulgarian households. This project contributes about 22% of the total installed electricity generation capacity from wind power in Bulgaria. In recognition of the high standards maintained during the development and construction of Saint Nikola project, AES Geo Energy Ltd received two awards: the 2008 ” Sustainable Energy Deal of the Year” Prize from EMEA Finance Magazine, and the “Investor of 2009” in the Energy Sector by the Bulgarian Investment Agency for Production of Electric Power from RES.

Impact:

 244,224 Metric tons of carbon reduced per year

 95,000 Local homes are powered by the energy produced

Benefits:

  • Produces renewable energy that can take the place of fossil fuel consumption.
  • Reduces the carbon footprint of the region since reliance on fossil fuels is reduced.
  • By producing electricity from a renewable energy source, this project contributes to the sustainable, socio-economic development of the region.