Australian Postal Corporation
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The Australian Postal Corporation (Australia Post) is a government-owned corporation that provides postal, courier and freight services across Australia. Founded in 1809, Australia Post has been an integral part of the Australian community for over two centuries. The company has a workforce of over 80,000 employees and operates a fleet of over 15,000 vehicles, making it one of the largest employers and transport operators in the country.
As a company that relies heavily on transportation, Australia Post has been actively pursuing decarbonisation initiatives to reduce its carbon footprint. The company has set a target of reducing its carbon emissions by 25% by 2025, and has implemented a range of measures to achieve this goal. One of the key initiatives is the adoption of electric vehicles (EVs) for its delivery fleet. Australia Post has committed to having 2,000 EVs in its fleet by 2020, which will be the largest EV fleet in the country. The company has also installed solar panels on its buildings and has invested in renewable energy projects to reduce its reliance on fossil fuels.
In addition to decarbonisation, Australia Post has also been focusing on corporate energy initiatives to improve its energy efficiency and reduce costs. The company has implemented a range of energy-saving measures, such as LED lighting and energy-efficient heating and cooling systems, across its facilities. It has also introduced a corporate power purchase agreement (PPA) to purchase renewable energy from wind and solar farms. This has enabled Australia Post to reduce its electricity costs and support the growth of renewable energy in Australia.
Australia Post's corporate PPA is a long-term agreement to purchase renewable energy from a specific project at a fixed price. The company has signed a 10-year agreement to purchase 75% of the output from the Sapphire Wind Farm in New South Wales. This project will generate enough electricity to power 115,000 homes and will reduce Australia Post's carbon emissions by 120,000 tonnes per year. The corporate PPA has provided a stable revenue stream for the wind farm, which has enabled it to secure financing and proceed with construction.
Australia Post's commitment to decarbonisation and corporate energy initiatives has not only reduced its environmental impact but has also provided financial benefits. The company has reduced its energy costs by over $40 million since 2010 and has avoided over $50 million in energy costs through its PPA. The company has also received recognition for its sustainability efforts, including being named the most sustainable logistics and transport company in the 2019 Dow Jones Sustainability Index.
In conclusion, Australia Post is a leading courier and freight company in Australia that has been actively pursuing decarbonisation and corporate energy initiatives. The company's adoption of EVs, installation of solar panels, and investment in renewable energy projects has enabled it to reduce its carbon footprint and energy costs. Its corporate PPA has also supported the growth of renewable energy in Australia and provided financial benefits for the company. Australia Post's commitment to sustainability has not only benefited the environment but has also provided a competitive advantage in the logistics and transport industry.