News

Weir Minerals partners with ENGIE to reduce carbon emissions by 100,000 tonnes

Weir Minerals Australia has signed a landmark agreement with ENGIE Australia & New Zealand to source renewable energy for its operations in New South Wales and Queensland.

The deal will deliver significant carbon reductions in line with Weir Group Plc’s Sustainability Roadmap goals, while locking in energy supply and price stability.

The renewable energy from Weir Minerals’ Power Purchase Agreement (PPA) represents a reduction of more than 100,000 tonnes of carbon emissions (CO2e) over the lifetime of the five-year agreement. The PPA is one of the first of its kind between a renewable energy provider and a major supplier to the Australian resources sector.

Weir is targeting a 50% reduction in CO2e emissions by 2030 and achieving zero by 2050 across the globe. Beyond the carbon reduction, the PPA will also provide Weir Minerals with security of supply, price stability and significant cost savings within an often-volatile energy market.

The agreement introduces several innovations to the electricity supply sector in Australia, including integration of energy generation and supply components in the same agreement. This simplified model means that Weir can spend less time managing complex agreements and cashflows and more time focussing on core business.

Jazib Farid, Weir Minerals Australia Environmental Engineer, said:

Weir’s clear focus on making mining more sustainable and efficient includes leading by example and reducing the footprint of our own operations. Through our agreement with ENGIE, we are able to increase our use of renewable energy: a key factor in building a more sustainable business.

The agreement with Weir Minerals Australia underlines ENGIE’s position as the leading provider of innovative, cost-effective and sustainable renewable PPAs, supporting Australian businesses to meet their overall carbon reduction goals.

ENGIE ANZ Executive General Manager of Energy Management, Mr Andrew Hyland, said:

ENGIE is in a unique position to utilise our understanding of the wholesale energy market to design solutions for customers transitioning to a carbon-neutral economy. For the Australian mining sector specifically, renewable PPAs offer price and stability benefits which can underpin and enable investments and the greening of supply chains.

Media contact: Andrew Turner

Tel.: +61 412 060 719

Email: andrew.turner1@engie.com

Better late

than never!

You recognise the importance of sustainability, but you have a long way to go to achieve your sustainability goals. You are not alone! 16% of the population rate themselves in the laggard category too.

We're here to help

In any organisation there can be many barriers to going green. We can help you develop a staggered, affordable and achievable plan to transition to a carbon neutral future with our innovative energy solutions that can save money and the environment.

Transition to 100% renewable energy

Flinders University

Build, Own, Operate, and Transfer Scheme

Four Seasons Sydney

National Solar Rollout

Commonwealth Bank

Did you
    know

?

Did you know? We’re helping businesses like
NAB and L’Oréal
achieve their sustainability goals

Better late

than never!

You recognise the importance of sustainability, but you have a long way to go to achieve your sustainability goals. You are not alone! 34% of the population rate themselves in the late majority category too.

We're here to help

In any organisation there can be many barriers to going green. We can help you develop a staggered, affordable and achievable plan to transition to a carbon neutral future with our innovative energy solutions that can save money and the environment.

Transition to 100% renewable energy

Flinders University

Build, Own, Operate, and Transfer Scheme

Four Seasons Sydney

National Solar Rollout

Commonwealth Bank

Did you
    know

?

Did you know? We’re helping businesses like
NAB and L’Oréal
achieve their sustainability goals

Doing your  
Bit

It’s great to see that your organisation has made good progress in its sustainability journey. Well done for being amongst the 34% of the population that has started implementing changes that will be felt for generations to come.

Go further

We can help you accelerate your transition to a carbon neutral future with our innovative energy solutions that can save money and the environment.

Transition to 100% renewable energy

Flinders University

Build, Own, Operate, and Transfer Scheme

Four Seasons Sydney

National Solar Rollout

Commonwealth Bank

Did you
    know

?

Did you know? We’re helping businesses like
NAB and L’Oréal
achieve their sustainability goals

Sustainability

champion

Just like us, you sit ahead of the curve in your sustainability journey. Well done for being amongst the 13.5% of the population that bravely paves the way for others and leads by example, making a difference that will be felt for generations to come.

Go further

We can help you accelerate your transition to a carbon neutral future with our innovative energy solutions that can save money and the environment.

Creating the world’s greenest city

ENGIE X Springfield

Build, Own, Operate, and Transfer Scheme

Four Seasons Sydney

Exploring the potential of Hydrogen

ENGIE X Yara

Sustainability

champion

Just like us, you sit ahead of the curve in your sustainability journey. Well done for being amongst the 2.5% of the population that bravely paves the way for others and leads by example, making a difference that will be felt for generations to come.

Go further

We can help you accelerate your transition to a carbon neutral future with our innovative energy solutions that can save money and the environment.

Creating the world’s greenest city

ENGIE X Springfield

Build, Own, Operate, and Transfer Scheme

Four Seasons Sydney

Exploring the potential of Hydrogen

ENGIE X Yara




    You agree we may collect, maintain, use and disclose your personal information in accordance with our Privacy Policy.