Potential offtaker

Desjardins Group

www.desjardins.com

Estimated electricity consumption

N/A

Countries of production presence

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Desjardins Group is a leading cooperative financial group in Canada, with a strong presence in the insurance brokers and services sector. The company is committed to sustainability and has taken several initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for Desjardins Group, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2019, the company announced that it would reduce its emissions by 25% by 2020, compared to its 2016 baseline. The company has also committed to achieving net-zero emissions by 2040.

To achieve these targets, Desjardins Group has implemented several measures to reduce its energy consumption and promote renewable energy. The company has invested in energy-efficient technologies and has implemented energy management systems to monitor and optimize its energy use. In addition, the company has installed solar panels on its buildings and has invested in wind energy projects.

Corporate energy is another area where Desjardins Group has made significant progress. The company has implemented a corporate power purchase agreement (PPA) to source renewable energy for its operations. The PPA allows the company to purchase renewable energy directly from a wind farm, which helps to reduce its carbon footprint and support the development of renewable energy.

Desjardins Group has also partnered with other companies to promote renewable energy and decarbonisation. In 2020, the company announced a partnership with Hydro-Québec to develop a green hydrogen production project. The project aims to produce green hydrogen using renewable energy sources and will help to reduce the carbon footprint of the transportation sector.

In addition to its efforts to reduce its own carbon footprint, Desjardins Group is also committed to promoting sustainability and decarbonisation in the broader community. The company has launched several initiatives to support renewable energy and energy efficiency, including a program to provide financing for energy-efficient renovations and a program to support the development of community renewable energy projects.

Overall, Desjardins Group is a leader in the insurance brokers and services sector in Canada, with a strong commitment to sustainability and decarbonisation. The company has implemented several measures to reduce its carbon footprint and promote renewable energy, including energy-efficient technologies, solar panels, wind energy projects, and corporate PPAs. The company has also partnered with other companies to promote sustainability and decarbonisation in the broader community, demonstrating its commitment to a sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment