Potential offtaker

Canada Post | Postes Canada

www.canadapost.ca

Estimated electricity consumption

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Countries of production presence

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Canada Post | Postes Canada is the primary postal service provider in Canada, delivering mail and parcels to over 16 million addresses across the country. With a history dating back to 1867, Canada Post has been an integral part of the Canadian economy, connecting people and businesses across the vast expanse of the country. Over the years, the company has evolved to keep pace with changing technologies and customer needs, and today, it is committed to sustainability and decarbonisation.

As a large corporation, Canada Post recognises its responsibility to reduce its carbon footprint and contribute to the fight against climate change. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% by 2025, compared to 2009 levels. To achieve this, Canada Post is focusing on several key areas, including energy efficiency, renewable energy, and sustainable transportation.

One of the ways Canada Post is reducing its carbon footprint is by investing in renewable energy. The company has signed several Corporate Power Purchase Agreements (PPAs) to purchase renewable energy directly from wind and solar farms. These agreements enable Canada Post to reduce its reliance on fossil fuels and support the growth of renewable energy in Canada. In 2019, Canada Post signed a PPA with BluEarth Renewables to purchase renewable energy from the Burdett Wind Farm in Alberta. This agreement will provide Canada Post with 55,000 megawatt-hours of renewable energy annually, enough to power over 5,000 homes.

In addition to PPAs, Canada Post is also investing in on-site renewable energy generation. The company has installed solar panels on the roofs of several of its facilities, including its largest mail processing plant in Toronto. These solar panels generate clean energy that is used to power the facility, reducing the amount of electricity Canada Post needs to purchase from the grid.

Canada Post is also committed to improving the energy efficiency of its operations. The company has implemented several initiatives to reduce energy consumption, including upgrading lighting systems, installing energy-efficient HVAC systems, and optimising its vehicle fleet. In 2019, Canada Post completed an energy audit of its largest mail processing plant in Toronto, identifying opportunities to reduce energy consumption by over 10%. The company is now implementing these recommendations, which include upgrading lighting and HVAC systems, installing variable speed drives on motors, and optimising the use of natural light.

Another area where Canada Post is focusing its sustainability efforts is in transportation. The company operates one of the largest vehicle fleets in Canada, with over 13,000 vehicles used for mail and parcel delivery. To reduce the environmental impact of its fleet, Canada Post is investing in electric vehicles and alternative fuels. The company has already deployed over 200 electric vehicles in its fleet, and it plans to add more in the coming years. Canada Post is also exploring the use of alternative fuels, such as compressed natural gas and hydrogen, to power its vehicles.

Canada Post's commitment to sustainability and decarbonisation is not only good for the environment but also for the company's bottom line. By reducing energy consumption and investing in renewable energy, Canada Post is lowering its operating costs and improving its competitiveness. The company's sustainability initiatives are also helping to attract and retain customers who value environmentally responsible business practices.

In conclusion, Canada Post | Postes Canada is a leading postal service provider in Canada that is committed to sustainability and decarbonisation. The company is investing in renewable energy, improving energy efficiency, and reducing the environmental impact of its transportation fleet. Through these initiatives, Canada Post is not only reducing its carbon footprint but also improving its competitiveness and attracting environmentally conscious customers. Canada Post is setting an example for other large corporations in Canada and around the world, demonstrating that sustainability and profitability can go hand in hand.