Ventia Services Group Limited is a leading Australian infrastructure construction company that has been providing innovative and sustainable solutions to clients for over 30 years. The company operates in various sectors, including transport, water, telecommunications, power, and resources, and has a workforce of over 14,000 employees across Australia and New Zealand.
With the increasing focus on decarbonisation and renewable energy, Ventia has been actively working towards reducing its carbon footprint and promoting sustainable practices. The company has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050. To achieve these targets, Ventia has been investing in renewable energy and energy efficiency measures.
One of the key initiatives undertaken by Ventia in the renewable energy space is the implementation of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy generator, where the company agrees to purchase a fixed amount of renewable energy at a pre-agreed price. By entering into a corporate PPA, Ventia is able to secure a reliable and cost-effective source of renewable energy, while also reducing its carbon footprint.
Ventia has already entered into several corporate PPAs, including a 10-year agreement with the Bomen Solar Farm in New South Wales, which will provide 39,000 MWh of renewable energy per year. The company has also signed a 12-year agreement with the Murra Warra II Wind Farm in Victoria, which will provide 50,000 MWh of renewable energy per year. These agreements will not only help Ventia achieve its sustainability targets but also contribute to the growth of the renewable energy sector in Australia.
In addition to corporate PPAs, Ventia has also been implementing energy efficiency measures across its operations. The company has undertaken a comprehensive energy audit of its facilities and operations, which has identified opportunities to reduce energy consumption and improve efficiency. Some of the measures implemented by Ventia include the installation of energy-efficient lighting, HVAC systems, and building automation systems.
Ventia has also been working with its clients to promote sustainable practices and decarbonisation. The company has been providing advisory services to clients on energy efficiency, renewable energy, and carbon reduction strategies. Ventia has also been involved in several infrastructure projects that promote sustainable transportation, such as the WestConnex project in Sydney, which includes the construction of new cycleways and pedestrian paths.
Overall, Ventia Services Group Limited is a leading infrastructure construction company in Australia that is committed to promoting sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and has been investing in renewable energy and energy efficiency measures. Through its corporate PPAs and energy efficiency initiatives, Ventia is not only reducing its own carbon footprint but also contributing to the growth of the renewable energy sector in Australia.