Saputo Dairy Australia (SDA), the operating subsidiary of Saputo Incorporated in Australia, has inked a 10 year large-scale renewable power purchase agreement (PPA) with ENGIE, a global leader in renewable energy.
Within two years, the deal will offset 46 per cent of SDA’s electricity with renewables from ENGIE’s Australian renewable energy generation portfolio.
In 2020, Saputo Inc., one of the top 10 dairy processors in the world, pledged to accelerate its global efforts to safeguard the environment and committed clear targets to achieve sustainable progress, including actively sourcing renewables.
SDA’s long-term commitment to renewable electricity is a big step towards Saputo achieving its promise to reduce its global greenhouse gas intensity by 20 per cent by 2025.
This renewable initiative will be on track to reduce SDA’s carbon dioxide emissions by more than 61,000 tonnes in 2023 - equal to taking more than 13,000 cars off the road and reducing Saputo’s global CO2 footprint by 5.7 per cent (against the FY2020 baseline).
SDA’s 10-year renewable PPA with ENGIE commenced on 1 April, following a two-year intensive program with energy and sustainability advisor, Schneider Electric.
Partnering with ENGIE is an important step in sourcing clean renewable electricity to reduce SDA’s environmental footprint and play our part as a sustainable dairy manufacturer.
The head of energy and sustainability services at Schneider Electric Australia, David Eastwood, said SDA has demonstrated its commitment to its climate pledge.
“This long-term commitment to renewable energy clearly supports the foundation and growth of Saputo’s dedication to the environment in Australia and around the globe,” he said.
“We congratulate Saputo for their leadership and another milestone towards a clean energy future for all.”
Saputo is a 65-year old company and is listed on the Toronto Stock Exchange.
Local Saputo brands include Devondale, King Island Dairy, Liddells, Sungold and Tasmanian Heritage.