Viridor has set out plans to become a net zero emissions company by 2040, and the first UK net negative emissions waste and recycling company by 2045.
Viridor says the waste sector can become a ‘key tool’ in decarbonising the rest of the economy under new plans.
To support its target, Viridor has today (20 May) announced a five-step roadmap that it says will deliver ‘dramatic reductions’ in greenhouse gas (GHG) emissions across its operations by 2040 in its ‘Decarbonising our Waste: Viridor’s Roadmap to Net Zero and Net Negative Emissions’.
By 2045, Viridor will aim to remove more human related GHG emissions than its operations produce, which it says will help the UK as a whole hit its net zero goals.
We are committed to doing everything in our power to achieve net zero and net negative emissions, recognising the critical role of carbon capture and storage in the process
The majority of Viridor’s GHG emissions come from its energy from waste facilities. In addition to boosting recycling rates to cut the amount of waste going to these facilities, a key part of Viridor’s strategy is to invest in ‘ground-breaking green technology’ to capture any emissions produced – known as Carbon Capture, Utilisation and Storage (CCUS).
Viridor is already working closely with the Government as it develops a framework to accelerate CCUS investment to deliver on the Prime Minister’s 10-point plan for a green industrial revolution.
Viridor has also today announced a partnership as it joins the HyNet North West Consortium, working in partnership with Progressive Energy, which has been developing CCUS schemes in the UK for more than 20 years.
Joining this consortium will bring negative emissions to the HyNet project and facilitate a critical next step for Viridor on its journey to net negative, targeting CCS operations at Viridor’s site at Runcorn by 2026 – the first project of its kind in the UK.
CCUS forms a major part of Viridor’s wider five-step roadmap to deliver on its commitment to being a leader on tackling climate change, which include:
- Reducing direct emissions from all core operations – by driving more efficient processes that lower GHG emissions, including for landfill
- Maximising the amount of waste that is recycled and reused – by investing at scale in new reprocessing facilities and reducing the amount of waste going into energy from waste facilities
- Capturing and storing carbon emissions from strategic sites – by 2040 installing CCUS infrastructure to capture at least 1.6MTCO2every year
- Generating negative emissions by expanding carbon capture across Viridor’s national network – by investing in new technologies and exploring products that can be created from CO2
- Supplying more homes and businesses with clean heat – by seeking to use all recovered heat from its energy from waste facilities to drive wider decarbonisation
Viridor’s decarbonisation roadmap sets out in more detail how the company will approach the challenge and invest at scale, reducing the environmental footprint of what the country throws away.
Kevin Bradshaw, Chief Executive Officer of Viridor commented: “Tackling the climate crisis requires bold action, and this pledge underlines Viridor’s ambition to drive the UK waste sector on its path to decarbonisation.
“We are committed to doing everything in our power to achieve net zero and net negative emissions, recognising the critical role of carbon capture and storage in the process.
“We know we cannot do this alone, and are committed to working with the Government and industry to drive the policy changes needed to make this technology a reality. If we get this right the benefits for our industry, society and economy will be immense, and I am confident that the waste sector can play a vital role in tackling the UK’s carbon emissions.
“A meaningful example of Viridor’s determination to advance this ambition into real project commitments is our joining the HyNet consortium to take advantage of the strategic opportunities presented by Viridor’s Runcorn Energy Recovery Facility – our biggest ERF – as part of the HyNet North West Net Zero Cluster.”
Business & Energy Secretary Kwasi Kwarteng said: “We want to position the UK at the forefront of carbon capture, which is why we are investing £1 billion in these technologies.
“This alongside Viridor’s plans to invest in carbon capture will help ensure we’re a world-leader in this area, while its ambitions to reduce emissions are significant in helping support our climate commitments and encouraging more people to recycle as we transition to a green economy.”