Potential offtaker

Chorus Ltd

www.chorus.co.nz

Estimated electricity consumption

N/A

Countries of production presence

N/A

Chorus Ltd is a New Zealand-based telecommunications company that provides wireline telecommunications services to the country's population. The company operates a nationwide network that spans over 1.8 million lines and connects homes, businesses, and schools to the internet and other communication services. Chorus Ltd is committed to providing reliable and efficient telecommunications services to its customers while also contributing to the decarbonisation of the New Zealand economy.

Decarbonisation is a key priority for Chorus Ltd, and the company has set ambitious targets to reduce its carbon footprint. In 2019, Chorus Ltd became the first telecommunications company in New Zealand to have its emissions reduction targets approved by the Science-Based Targets initiative. The company has committed to reducing its absolute emissions by 50% by 2025, and to achieving net-zero emissions by 2050.

To achieve these targets, Chorus Ltd has implemented a range of initiatives to reduce its energy consumption and increase the use of renewable energy sources. The company has invested in energy-efficient technologies such as LED lighting and smart building management systems to reduce its energy consumption. Chorus Ltd has also installed solar panels on the roofs of its buildings to generate renewable energy and reduce its reliance on grid electricity.

Corporate energy is another area of focus for Chorus Ltd. The company is committed to reducing the energy consumption of its operations and has implemented a range of measures to achieve this goal. Chorus Ltd has implemented an energy management system that monitors and controls the energy consumption of its buildings and equipment. The company has also implemented an energy efficiency program that encourages its employees to adopt energy-saving practices, such as turning off lights and equipment when not in use.

Corporate power purchase agreements (PPAs) are another way that Chorus Ltd is contributing to the decarbonisation of the New Zealand economy. The company has signed a number of PPAs with renewable energy providers to purchase electricity generated from renewable sources. These PPAs not only help to reduce the company's carbon footprint but also support the growth of the renewable energy sector in New Zealand.

Renewable energy is a key focus for Chorus Ltd, and the company is committed to increasing the use of renewable energy sources in its operations. In addition to its solar panel installations, Chorus Ltd has also signed a number of PPAs with wind and hydroelectric power providers. These agreements have enabled the company to increase the proportion of renewable energy in its electricity supply and reduce its reliance on fossil fuels.

Chorus Ltd is also committed to reducing the environmental impact of its supply chain. The company has implemented a sustainable procurement policy that requires its suppliers to meet strict environmental and social criteria. Chorus Ltd works closely with its suppliers to ensure that they meet these criteria and to identify opportunities for further environmental improvements.

In addition to its environmental initiatives, Chorus Ltd is also committed to supporting the communities in which it operates. The company has a strong focus on social responsibility and has implemented a range of programs to support local communities. Chorus Ltd has partnered with a number of community organizations to provide support for education, health, and social initiatives.

Chorus Ltd is a leader in the New Zealand telecommunications sector and is committed to contributing to the decarbonisation of the country's economy. The company's ambitious emissions reduction targets, focus on renewable energy, and sustainable procurement policy demonstrate its commitment to environmental sustainability. Chorus Ltd's social responsibility initiatives also demonstrate its commitment to supporting the communities in which it operates. As New Zealand continues to transition to a low-carbon economy, Chorus Ltd is well-positioned to play a leading role in this transition.

✓ Declared Net Zero commitment