Bupa Asia-Pacific makes switch to renewable energy

Move reflects firm's aim to be net zero by 2040

Bupa Asia-Pacific makes switch to renewable energy

Life & Health

By Roxanne Libatique

Bupa has officially completed its transition to renewable energy in the Asia-Pacific (APAC) region, with its operations in Australia, New Zealand, and Hong Kong now supplied by 100% renewable energy.

The transition to renewable energy is expected to remove more than 25,500 tonnes of carbon dioxide equivalent (tCO2-e) from the atmosphere annually, the equivalent of taking approximately 6,000 cars off the road each year, according to Bupa.

Roger Sharp, chief sustainability & corporate affairs officer at Bupa APAC, highlighted health insurers’ pivotal role in the transition to a sustainable future, given that the healthcare industry is responsible for around 4% of global greenhouse gas emissions.

“We want our customers and employees to know that when they visit any Bupa clinic, retail store, corporate office, or aged care home across Australia, New Zealand, and Hong Kong, it is 100% powered by renewable electricity,” Sharp said.

Bupa’s journey towards a sustainable future

Bupa APAC’s transition to renewable energy is part of a goal to become a net-zero business by 2040.

The insurer completed the transition through renewable power purchasing agreements (PPA), along with GreenPower government-accredited renewable electricity retail contracts and the purchase and retirement of Renewable Energy Certificates (RECs) across the APAC region.

“Along with the passion and dedication of our people, we couldn’t have delivered such a significant reduction in Bupa APAC’s carbon emissions without committed and supportive partners such as Pacific Blue, CLP Power Hong Kong, and Ecotricity,” Sharp said.

Bupa also recently invested $1 million in environmental restoration in Australia and New Zealand.

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