Karora Resources Signs Long-Term Power Purchase Agreement and Announces Plan to Achieve a 20% Reduction in Greenhouse Gas Emissions by 2030
Paul Andre Huet, Chairman & CEO, commented: "The release of Karora's second ESG report was delayed slightly while we finalized a new Power Purchase Agreement.
- Paul Andre Huet, Chairman & CEO, commented: "The release of Karora's second ESG report was delayed slightly while we finalized a new Power Purchase Agreement.
- The report is highlighted by this long-term PPA for our Higginsville operations, including required supporting power distribution infrastructure.
- The anticipated reduction in carbon emissions represents approximately 40% of our initial targeted 20% Scope 1 and 2 emissions reduction by 2030, placing our goals well within reach.
- We remain committed to implementing additional initiatives to achieve our 2030 target and are evaluating technology and efficiency-based solutions to further reduce our emissions.