Showing leadership in renewable energy

Orora is reducing its environmental impact, and meeting the challenge of rising energy prices in Australia by introducing renewable energy solutions and energy efficiency activities across its business. In the last three years alone, Orora has invested more than $10.0 million in energy efficiency projects across its Australian and New Zealand operations.

Orora has also announced two separate long-term power purchase agreements (“PPAs”) with renewable energy providers to supply wind generated electricity to Orora’s operations in South Australia, Victoria and New South Wales, where Orora operates its largest and most energy intensive plants.

Under the PPAs, Orora has secured long-term supply of renewable energy for volumes equivalent to 80% of the Company’s total electricity demand in Australia. This shift towards renewable energy has a positive environmental impact, but also gives Orora certainty by reducing the Company’s exposure to fluctuating wholesale energy prices.