Potential offtaker

Air Canada

www.aircanada.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Air Canada is the largest airline in Canada, operating in the Mainline Airline - Full Svc sector. The company has been in operation for over 80 years and has a fleet of over 400 aircraft. Air Canada operates flights to over 200 destinations worldwide, making it a major player in the global aviation industry.

As a major player in the aviation industry, Air Canada is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions, with a goal of achieving net-zero emissions by 2050. To achieve this goal, Air Canada is investing in a range of initiatives to reduce its carbon emissions, including the use of sustainable aviation fuels, the adoption of more fuel-efficient aircraft, and the implementation of carbon offset programs.

One of the key initiatives that Air Canada is pursuing to reduce its carbon footprint is the use of renewable energy. The company has committed to sourcing 50% of its corporate energy from renewable sources by 2025, with a long-term goal of achieving 100% renewable energy by 2050. To achieve this goal, Air Canada is investing in a range of renewable energy projects, including wind, solar, and hydroelectric power.

In addition to investing in renewable energy, Air Canada is also pursuing corporate power purchase agreements (PPAs) to reduce its carbon footprint. PPAs allow companies to purchase renewable energy directly from renewable energy producers, providing a stable and predictable source of renewable energy. Air Canada has signed several corporate PPAs in recent years, including agreements to purchase renewable energy from wind and solar projects in Canada and the United States.

Air Canada is also investing in energy efficiency measures to reduce its carbon footprint. The company has implemented a range of energy-saving initiatives, including the installation of energy-efficient lighting and HVAC systems in its facilities, the use of energy-efficient equipment and appliances, and the implementation of energy management systems to monitor and optimize energy use.

Overall, Air Canada is committed to decarbonisation and reducing its carbon footprint. The company is investing in a range of initiatives to achieve its net-zero emissions goal, including the use of sustainable aviation fuels, the adoption of more fuel-efficient aircraft, the implementation of carbon offset programs, the use of renewable energy, and the pursuit of corporate PPAs. By taking these actions, Air Canada is demonstrating its commitment to sustainability and reducing its impact on the environment.

✓ Declared Net Zero commitment