Volvo Car Canada, the automotive company, announced today that it partnered up with Bullfrog Power to offset the 100% of its corporate electricity use, through Bullfrog Power’s green energy output.
Firstly, Bullfrog Power will put into the grid green electricity to match the amount of conventional power that Volvo uses in its corporate offices.
Secondly, the electricity will come through Bullfrog’s blend wind and low-impact hydro power, sourced out from new Canadian renewable energy facilities.
Thirdly, the agreement, which is virtual power purchase, reinforces Volvo’s commitment to start building a reputation as a leader in ethical and responsible business.
Moreover, it will put the company one step closer in its climate-neutrality ambitions. In fact, back in 2019, the company launched one of the most comprehensive climate plans in the automotive industry; with the goal of becoming a climate-neutral company by 2040.
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Volvo reinforces climate goals
Indeed, the company’s ambitions go beyond addressing emissions through all-out electrification; the company also aims to reduce carbon emissions in its manufacturing network; its supply chain, and also through the recycling and reuse of materials.
In addition, back in 2020, it announced that its global plants were powered by 50% climate neutral energy. It also reached another important milestone: 95 per cent of its global production waste had been recycled.
Furthermore, the company reinforced its strategy and set for itself a new goal; it aims for fully electric cars to be the 50% of its global sales by 2025.
On the other hand, Sean Drygas, Spark Power Vice President, said. “We are excited to welcome Volvo Car Canada to the bullfrogpowered community. By drawing on green electricity, Volvo is helping to reduce our dependence on polluting forms of energy; and to transition Canada to renewable energy sources.”
Finally, Matt Girgis, managing director of Volvo Car Canada, concluded. “At Volvo, sustainability is just as important as safety. Choosing to support our head office with 100% renewable energy is a simple and effective way for us to demonstrate our commitment to a clean energy future.”