TELUS Corporation
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TELUS Corporation is a Canadian telecommunications company that operates in the wireless telecommunications sector. The company is committed to providing innovative and sustainable solutions to its customers, while also reducing its carbon footprint and contributing to the decarbonisation of the economy.
TELUS has set ambitious targets to reduce its greenhouse gas emissions and transition to renewable energy sources. The company aims to reduce its emissions by 40% by 2030, compared to its 2019 baseline. To achieve this goal, TELUS is investing in renewable energy projects, implementing energy efficiency measures, and exploring new technologies to reduce its energy consumption.
One of the key initiatives that TELUS has undertaken to reduce its carbon footprint is the implementation of corporate power purchase agreements (PPAs) for renewable energy. A PPA is a long-term contract between a renewable energy producer and a corporate buyer, in which the buyer agrees to purchase a certain amount of renewable energy from the producer at a fixed price. By entering into PPAs, TELUS is able to secure a reliable and cost-effective source of renewable energy, while also supporting the development of new renewable energy projects.
TELUS has signed several PPAs for renewable energy, including a 20-year agreement to purchase 170 MW of wind energy from the Rattlesnake Ridge Wind Project in Alberta. This project is expected to generate enough energy to power more than 55,000 homes and will help TELUS reduce its greenhouse gas emissions by approximately 340,000 tonnes over the life of the contract.
In addition to PPAs, TELUS is also investing in corporate energy initiatives to reduce its energy consumption and improve its energy efficiency. The company has implemented a number of energy efficiency measures, such as upgrading lighting systems and HVAC systems, and has also implemented a comprehensive energy management system to monitor and optimize its energy use.
TELUS is also exploring new technologies to reduce its energy consumption, such as the use of artificial intelligence and machine learning to optimize its network operations. By using these technologies, TELUS is able to reduce its energy consumption while also improving the reliability and performance of its network.
Overall, TELUS is committed to reducing its carbon footprint and contributing to the decarbonisation of the economy. The company's focus on renewable energy, energy efficiency, and new technologies is helping it to achieve its sustainability goals while also providing value to its customers and stakeholders.