Energia Group, one of Ireland’s leading and most experienced energy companies has announced its commitment to reducing the carbon intensity of its electricity generation by 50% by 2030, compared to 2019/20 levels. This target will ensure that the Group is well placed to achieve Net Zero by 2040.
The Group’s 2030 target is included in the 2022 Energia Group Responsible Business Report which also outlines the organisations overall approach to sustainability, including alignment to the UN Sustainable Development Goals and its participation in global climate initiatives.
The achievement of the Group’s new target will see it increase the volume of renewable electricity it generates from onshore wind and solar by a factor of three by 2030 through significant investments in its pipeline of c.580 MW of new renewable projects. The Group is also progressing two offshore wind projects with a combined capacity of up to 1,600 MW, which are among a small group of projects still capable of contributing to Ireland’s 5,000 MW target for 2030. All these projects will play an important role in the achievement of the renewable electricity and wider 2030 decarbonisation goals as set by governments in Ireland and Northern Ireland.
In helping to decarbonise the power system though significant investment, Energia Group will further facilitate customers in their sustainability journey. In the last year, the Group’s renewable energy tariffs have enabled customers to reduce their carbon footprint and through energy efficiency measures, customers have saved an additional 10,000 tonnes of CO2.
The report also includes other exciting new developments undertaken by the organisation during the year, such as the launch of the Energia Group Women’s Network and providing over €660,000 to community groups around the island of Ireland, linked to the Group’s windfarm community benefit funds. In the last six years the Group has provided over €3 million to local communities though these benefit funds.
Introducing Energia Group’s Responsible Business Report 2021/22, Ian Thom, CEO, Energia Group said: “Sustainability is at the core of our business and our new carbon target to 2030 demonstrates our commitment to climate action and facilitating the achievement of target set by the governments in Ireland and Northern Ireland.
“We have an excellent track record in the delivery of energy projects, serving customers and positively engaging with communities; and we are approaching the energy transition with the same enthusiasm and commitment.
“Through the work and dedication of all at Energia Group, our strategy and approach will make a positive contribution to life on this island.”
A copy of the report can be downloaded from the Group website here.
