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Saputo Inc. Advances Green Initiative with Wind Energy Deal
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Saputo Inc. Advances Green Initiative with Wind Energy Deal

Saputo Inc. (TSE:SAP) has released an update.

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Saputo Inc. has announced a significant step in its sustainability journey by signing a 15-year virtual power purchase agreement with Capital Power for renewable energy from a new Canadian wind facility. This deal will help Saputo reduce its CO2 emissions by over 140,000 tonnes annually, contributing to a 13% reduction in its global carbon footprint from 2020 levels. The agreement aligns with Saputo’s ongoing commitment to addressing climate change and supports its environmental goals set for 2025 and beyond.

For further insights into TSE:SAP stock, check out TipRanks’ Stock Analysis page.

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