SBS signs 10-year renewable energy deal with ZEN Energy 

The deal also involves “Large-scale Generation Certificates (LGCs) uniquely paired with 226.8 MW Collector Wind Farm in New South Wales”.  

Also read: FRV Australia secures A$1.2 billion refinancing for renewable energy portfolio 

SBS Head of Sustainability, Abigail Thomas, said, “This 10-year agreement with ZEN Energy through wind power ensures that SBS’s commitment to carbon reduction is not just a short-term initiative but a long-term strategy. By securing a decade of 100% renewable energy, we are taking significant steps towards our Net Zero targets and demonstrating our dedication to sustainability efforts and innovation in Australia’s media sector.” 

She added, “SBS has set the most ambitious target of any Australian media outlet, to reach Net Zero across scope 1, 2 and 3 emissions by 2045. SBS has also partnered with Scope3 to measure emissions from advertising technology, affording advertising clients greater transparency of carbon emissions from their advertising campaigns.” 

SBS is the first Australian media organisation to transition to 100% renewable energy in FY23. The SBS-ZEN Energy partnership gives SBS price certainty and sets forth a model for decarbonising the media industry.