Source: Fisher & Paykel Healthcare 2020 annual report - page 81.
In the 2020 financial year, Fisher & Paykel Healthcare reduced Scope 2 emissions by 2,373 tonnes of CO₂e, using renewable energy certificates.
Case Study on renewable energy certificates
"In FY20 we set out to reduce Scope 2 carbon emissions at the New Zealand campus by participating in a programme from Meridian Energy. The third-party renewable energy verifier, NZ Energy Certificate System (NZECS) audits Meridian’s energy generating facilities at Benmore Hydro station and then issues renewable energy certificates for each MWh of energy generated. Customers then purchase renewable energy certificates to cover the amount of MWh of electricity they have used.
Fisher & Paykel Healthcare is one of the first companies in New Zealand to purchase renewable energy certificates to verify that the electricity we use has a carbon intensity factor of zero. It is the first initiative of scale we have implemented to assist in reducing our carbon emissions.
During FY20 we purchased 24,283 renewable energy certificates, which is equal to our documented electricity consumption of 24,283 MWh. By sourcing renewable energy in this way, we have been able to reduce Scope 2 carbon emissions by 2,373 tonnes of CO₂e."
Source: Fisher & Paykel Healthcare 2020 annual report - page 81.
Image: Meridian Energy. Used with permission.