Potential offtaker

Celestica

www.celestica.com

Estimated electricity consumption

N/A

Countries of production presence

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Celestica is a Canadian multinational electronics manufacturing services (EMS) company that operates in the original design manufacturing (ODM) sector. The company was founded in 1994 and is headquartered in Toronto, Canada. Celestica is a leading provider of end-to-end product lifecycle solutions for a wide range of industries, including aerospace and defense, healthcare, industrial, and communications.

As a responsible corporate citizen, Celestica is committed to decarbonisation and reducing its environmental impact. The company recognizes that climate change is one of the greatest challenges facing the world today and has set ambitious targets to reduce its greenhouse gas emissions. Celestica has pledged to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2030, compared to its 2019 baseline.

To achieve its decarbonisation goals, Celestica is investing in renewable energy and other clean technologies. The company is exploring various options to reduce its carbon footprint, including the use of corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for electricity over a certain period. By entering into a corporate PPA, Celestica can secure a reliable and cost-effective source of renewable energy, while also reducing its carbon emissions.

In addition to corporate PPAs, Celestica is also investing in on-site renewable energy generation. The company has installed solar panels at several of its facilities, which generate clean electricity and reduce its reliance on grid power. Celestica is also exploring other renewable energy options, such as wind and geothermal, to further reduce its carbon footprint.

To support its decarbonisation efforts, Celestica has also implemented a corporate energy management program. The program includes a range of initiatives to improve energy efficiency, reduce waste, and optimize resource use. Celestica has set energy reduction targets for its facilities and is implementing energy-saving measures, such as LED lighting, energy-efficient HVAC systems, and smart building technologies. The company is also working to reduce its waste generation and increase its recycling and reuse rates.

Celestica's commitment to decarbonisation and renewable energy is not only good for the environment but also makes good business sense. By reducing its carbon footprint and investing in clean technologies, the company can improve its operational efficiency, reduce costs, and enhance its reputation as a responsible corporate citizen.

In conclusion, Celestica is a leading EMS/ODM company that is committed to decarbonisation and reducing its environmental impact. The company is investing in renewable energy and other clean technologies, including corporate PPAs and on-site renewable energy generation. Celestica has also implemented a corporate energy management program to improve energy efficiency, reduce waste, and optimize resource use. By taking these steps, Celestica is not only contributing to the fight against climate change but also improving its business operations and reputation.

✓ Science Based Targets member
✓ Declared Net Zero commitment